China USA: Rebalance its yuan exchange rate

Books, television programs, films, magazines or music to share, counselor to discover ... Talk to news affecting in any way the econology, environment, energy, society, consumption (new laws or standards) ...
recyclinage
Econologue expert
Econologue expert
posts: 1596
Registration: 06/08/07, 19:21
Location: artist land




by recyclinage » 23/03/10, 20:56

Obamot wrote:: cheesy: And why don't you join a political party (no left ... for example) so you could see how it goes "from the inside"?


I don't really want to do politics at the moment

I try to break into art

and I'm much too young to assume such a life

just the poet of the band that suits me
0 x
User avatar
Former Oceano
Moderator
Moderator
posts: 1571
Registration: 04/06/05, 23:10
Location: Lorraine - France
x 1




by Former Oceano » 23/03/10, 22:18

Optical illusion experience

Fechner-Benham's records

Black and white estate

And the colors come

We no longer see the gray

At a certain pace

The alternation makes a stimulus

Colored in the optic nerve
0 x
[MODO Mode = ON]
Zieuter but do not think less ...
Peugeot Ion (VE), KIA Optime PHEV, VAE, no electric motorcycle yet...
recyclinage
Econologue expert
Econologue expert
posts: 1596
Registration: 06/08/07, 19:21
Location: artist land




by recyclinage » 24/03/10, 11:56

erf

I gave the philosophical version of the drawing


we will both give esoteric versions of the drawing

if other people have another definition drop it it will be a big step for us
0 x
User avatar
I Citro
Econologue expert
Econologue expert
posts: 5129
Registration: 08/03/06, 13:26
Location: Bordeaux
x 11

The yuan is not a convertible currency ...




by I Citro » 24/03/10, 20:06

The yuan was originally not convertible.

The country with a large trade balance only trades in foreign currencies, mainly in dollars but also in euros ...

The use of the Yuan is restricted to local use and not to international trade ...
Today it is estimated that:
1 US $ = 6,93 Yuan
1 € = 9,34 Yuan

The current situation (American crisis triggered by the banksters) upsets monetary balances ... The USA finds itself in a situation of economic bankruptcy comparable to that in which it had successfully plunged the USSR a few decades ago ...

The dollar is largely overvalued, maybe 10 times its current price ... All the world economies (China, Japan, Gulf countries, Europe) have huge financial assets in dollars in the form of stocks, treasury bills (the T. Bonds) ...
The Chinese (and others) massively get rid of their dollar assets and convert them into something more serious before it farts and they have nothing left in their hands ... For that, there must be go slowly because if the system suddenly collapses, everyone loses. While by doing this little by little, only the people will clink because the rich will have had time to warm up their assets ...

Currently, the USA is VERY MASSIVELY spinning their banknote and redeeming themselves the T.Bonds which the Chinese (and others) get rid of ... The dollar therefore loses its value exponentially ... FYI, the USA no longer publish the money supply indices, but by cross-checking the analysts manage to make projections ...
All these actions, T.Bonds and others converted into Dollars are in turn converted into more tangible values ​​...
The first value that comes to mind is of course, GOLD, but all precious, semi-precious metals and other rare raw materials are coveted ...
Mines, first-rate companies, agricultural land, ... are thus bought out ...

A good part of the reserves of raw materials in the USA now belong to foreigners or foreign companies. The USA therefore plans to NATIONALIZE its mineral resources (a shame for a liberal country).
0 x
User avatar
Obamot
Econologue expert
Econologue expert
posts: 28725
Registration: 22/08/09, 22:38
Location: regio genevesis
x 5538




by Obamot » 24/03/10, 21:23

Little Citro question, I heard (maybe here) that the value of the € uro was only a facade, but that in fact this currency would not have a real "currency rate" there would be artificially aligned with the US dollars. What do you think?
0 x
User avatar
I Citro
Econologue expert
Econologue expert
posts: 5129
Registration: 08/03/06, 13:26
Location: Bordeaux
x 11




by I Citro » 24/03/10, 22:28

Obamot wrote:Little Citro question, I heard (maybe here) that the value of the € uro was only a facade, but that in fact this currency would not have a real "currency rate" there would be artificially aligned with the US dollars. What do you think?
The question deserves to stop there ... "Aligned" on the course of the Dollar does not seem to me an appropriate term ... In fact there are USA / Europe economic cooperation agreements which provide for the Euro to be brought to support the Dollar if necessary (and this has happened in recent months) ... I cannot say if the United States would do the opposite ... (they do not have the means and perhaps they consider that 'they have been our creditors since 1945 ...).

Anyway, the European states hold US assets which makes them dependent on the US economic situation ... When the whole world holds Dollars, the whole world does not want to see the contents of its wallet melt like snow in the sun ... Everyone, therefore, "holds each other by the goatee" ...
You can then easily understand that getting rid of your Dollars is equivalent to regaining ALL your independence and gaining great serenity in the face of your inevitable devaluation.
This devaluation risks going unnoticed if that of the Euro goes hand in hand with that of the Dollar ...
On this subject, the loss of confidence in these 2 emblematic currencies of the planetary economy generates speculations on other more reassuring currencies (Australian Dollar, Swiss Francs ...)
0 x
recyclinage
Econologue expert
Econologue expert
posts: 1596
Registration: 06/08/07, 19:21
Location: artist land




by recyclinage » 25/03/10, 12:41

municipalities and town hall buy vouchers to grow their economy


this time the banks offer them a great deal of marketing toxic values ​​mainly coming from the United States (where did the crisis come from)

once the crisis arrives the municipalities and town hall we play with all their weight to return to state values ​​and other low risk investment

the little genius from the bottom of the class will tell me who will buy these values?

the issuing countries

Why ?

these values ​​come from large national multi
if no one wants these values ​​the companies go bankrupt

here is that the state buys in exchange for good proceed and with insurance of cleaning to proceed to them

what is happening now is that the states are ruining it to keep businesses viable in their country

because we must not forget that these companies are the flagships of the countries

the spearhead that turns the country
0 x
User avatar
Obamot
Econologue expert
Econologue expert
posts: 28725
Registration: 22/08/09, 22:38
Location: regio genevesis
x 5538




by Obamot » 25/03/10, 16:11

citro wrote:
Obamot wrote:Little Citro question, I heard (maybe here) that the value of the € uro was only a facade, but that in fact this currency would not have a real "currency rate" there would be artificially aligned with the US dollars. What do you think?
The question deserves to stop there ... "Aligned" on the course of the Dollar does not seem to me an appropriate term ... In fact there are USA / Europe economic cooperation agreements which provide for the Euro to be brought to support the Dollar if necessary (and this has happened in recent months) ... I cannot say if the United States would do the opposite ... (they do not have the means and perhaps they consider that 'they have been our creditors since 1945 ...).

Anyway, the European states hold US assets which makes them dependent on the US economic situation ... When the whole world holds Dollars, the whole world does not want to see the contents of its wallet melt like snow in the sun ... Everyone, therefore, "holds each other by the goatee" ...
You can then easily understand that getting rid of your Dollars is equivalent to regaining ALL your independence and gaining great serenity in the face of your inevitable devaluation.
This devaluation risks going unnoticed if that of the Euro goes hand in hand with that of the Dollar ...
On this subject, the loss of confidence in these 2 emblematic currencies of the planetary economy generates speculations on other more reassuring currencies (Australian Dollar, Swiss Francs ...)


There is something that bothers me, a little "detail" which makes it hard not to talk about the real problems.

How is it that "the € urope" which leans at the bedside of the PiGS - with Greece at the top of the list obviously, on the pretext that it would greatly exceed the 3% of debt tolerated and moreover would be declared no solvent (the problem is recurrent) - even though France is now officially in debt to the tune of more than 70% of its GDP thanks to the other apple married to a brunette ... And A. Merkel to be choosy by asking for IMF intervention but especially not from Europe (it is true that it could become a habit ...)

It is clear that the interference of the Bankgsters is global and forces countries where life was more friendly than elsewhere to comply with the economic regime of the best performing countries in the competition.

And there for once, the play of barbichette begins to hurt very very, it pulls hard on the hairs : Mrgreen: : Mrgreen: : Mrgreen:
Last edited by Obamot the 25 / 03 / 10, 16: 16, 1 edited once.
0 x
yoananda
I understand econologic
I understand econologic
posts: 60
Registration: 30/10/09, 15:32




by yoananda » 25/03/10, 16:14

Obamot wrote:How is it that "the € urope" which leans at the bedside of the PiGS (with Greece at the top of the list obviously) on the pretext that it would greatly exceed the 3% of debt tolerated and moreover would be declared no solvent (the problem is recurrent), while France is now officially in debt to the tune of more than 70% of its GDP thanks to the other apple married to a brunette ...

And there for once, the play of barbichette begins to hurt very very, it pulls hard on the hairs : Mrgreen: : Mrgreen: : Mrgreen:


Please note, this is 3% of DEFICIT and 60% of GDP according to the maastrich criteria.
So do not confuse the 2 percentages which do not speak of the same thing.
0 x
User avatar
Obamot
Econologue expert
Econologue expert
posts: 28725
Registration: 22/08/09, 22:38
Location: regio genevesis
x 5538




by Obamot » 25/03/10, 16:18

Does a bond loan not fall ultimately in the deficit? And is debt not based precisely on GDP.

Moa live in the trees, moa not understand ... : Cheesy: :D

I also refer you to this article:
http://www.moneyweek.fr/20100324017/con ... iigs-euro/

For my part (but I can be wrong) are the Zetan-Zunis who are there behind to lower the € uro and cause a massive arrival of capital towards the US dollar, to restore confidence in this currency. Because nothing, absolutely nothing is currently attractive for this monkey currency. It reminds me of their eternal big American-style bling-bling show and we should end up stopping to play it ... This by opportunism and / or by calculation. And if this crisis had basically been nothing but a massive attack on the € uro (we had already seen more or less, with great hypocrisy, the premises around the attacks on European banks, supposedly for reasons of 'tax evasion ... while across the Atlantic we welcome this same evasion in states like Delaware, and this country practices money laundering on an industrial scale ... a shame ... or rather a unfair fight to stay competitive by faking roulette? It's Las Vegas !!!). That said, even if we should not go into the personal paradigm, one day we will have to change the paradigm about the money-debt system ...

It seems to me that Europe should pull itself together, unite, and not give in to external pressures ... This is what has succeeded and this is precisely what annoys America, it seems ...

Let them appeal to the IMF after all, if they like, so that will not continue to drain reserves, at least for a time ...
0 x

 


  • Similar topics
    Replies
    views
    Last message

Back to "Media & News: TV shows, reports, books, news ..."

Who is online ?

Users browsing this forum : No registered users and 245 guests