The Need Of The Hour !
The recent explanation of the US leaders about what is wrong with the present state of affairs,as regards the Global Trade,makes one wonder as to how these smart Leaders try to misrepresent facts to suit them(the USA).The real reason,though,is Globalization,and the resultant flight of the USA's Manufacturing Sector to places like China,where the comparatively cheap labour is a boon to the Corporates.The result:-Job losses in the USA and the destruction of CONSUMERISM,the main driver of the US Economy.The USA thus,began to concentrate in the Financial Sector and the Military Industrial Complex.The sub-prime lending destroyed and the Derivatives Trading IS destroying the US and other Western Banks.Without strong banks,a thriving Economy is impossible.The needs of the hour are clear:-
1.Say goodbye to Globalization and bring back the Manufacturing Sector and the Jobs to and in the USA.
2.BAN DERIVATVES,as $ 600 Trillion [some say,it is $1500 Trillion or 1.5 Quadrillion] is reportedly,circulating in the same,which can be better utilized.Thus,there is no need to reduce the value of Currencies of the nations of the World,by the liberal use of the printing press.
It is reported, that Derivatives are, a ploy to keep the US Dollar's PRIMACY,intact.An excerpt from the link, above:-
"Well, in the intervening 44 years, the SDR never managed to take
off, the reason being that the dollar's reserve currency status was
exponentially cemented courtesy of both the great moderation of
the 1980s and the derivative explosion of the 1990s and post Glass
Steagall repeal 2000s, when the world was literally flooded with
roughly $1 quadrillion in USD-denominated derivatives,
inextricably tying the fate of the world to that of the dollar."
3.STOP all illogical and exotic,"instruments".
But the G20 and the G7 seem to be hijacked by some vested interests.
But the main aim of the USA,is to suppress the price of Gold and encourage the Fiat US Dollar.
The recent explanation of the US leaders about what is wrong with the present state of affairs,as regards the Global Trade,makes one wonder as to how these smart Leaders try to misrepresent facts to suit them(the USA).The real reason,though,is Globalization,and the resultant flight of the USA's Manufacturing Sector to places like China,where the comparatively cheap labour is a boon to the Corporates.The result:-Job losses in the USA and the destruction of CONSUMERISM,the main driver of the US Economy.The USA thus,began to concentrate in the Financial Sector and the Military Industrial Complex.The sub-prime lending destroyed and the Derivatives Trading IS destroying the US and other Western Banks.Without strong banks,a thriving Economy is impossible.The needs of the hour are clear:-
1.Say goodbye to Globalization and bring back the Manufacturing Sector and the Jobs to and in the USA.
2.BAN DERIVATVES,as $ 600 Trillion [some say,it is $1500 Trillion or 1.5 Quadrillion] is reportedly,circulating in the same,which can be better utilized.Thus,there is no need to reduce the value of Currencies of the nations of the World,by the liberal use of the printing press.
It is reported, that Derivatives are, a ploy to keep the US Dollar's PRIMACY,intact.An excerpt from the link, above:-
"Well, in the intervening 44 years, the SDR never managed to take
off, the reason being that the dollar's reserve currency status was
exponentially cemented courtesy of both the great moderation of
the 1980s and the derivative explosion of the 1990s and post Glass
Steagall repeal 2000s, when the world was literally flooded with
roughly $1 quadrillion in USD-denominated derivatives,
inextricably tying the fate of the world to that of the dollar."
3.STOP all illogical and exotic,"instruments".
But the G20 and the G7 seem to be hijacked by some vested interests.
But the main aim of the USA,is to suppress the price of Gold and encourage the Fiat US Dollar.
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