Lately there has been a lot of talk about secret societies, new world order and illuminati all through out the internet. What are your thoughts, is this just speculation or is there some truth to it?
Here, Hal Lindsey discusses the Billionaires CLub: Bill Gates, David Rockefeller, Ted Turner, Oprah Winfrey Warren Buffet, George Soros, and Michael Bloomberg
Bill Gates outlines plan to cap global population…
Now this video is funny but very real, the world economy survives off of debt.. These large banking institutes wants everyone to stay in debt because thats the only way their able to remain tremendously wealthy and the same goes for all the countries around the world. Just take a minute and check this video out and leave your thoughts.
While we have all been made aware of BP’s oil spill in the gulf I guess the main stream news outlets forgot to tell you that China is experiencing their own oil spill.
According tosources six days ago, in the northeastern port city of Dalian, China, two oil pipelines exploded, sending flames hundreds of feet into the air and burning for over 15 hours, destroying several structures – the cause of the explosion is under investigation. The damaged pipes released thousands of gallons of oil, which flowed into the nearby harbor and the Yellow Sea. The total amount of oil spilled is still not clear, though China Central Television earlier reported an estimate of 1,500 tons (400,000 gallons), as compared to the estimated 94 – 184 million gallons in the BP oil spill off the Louisiana coast. The oil slick has now grown to at least 430 square kilometers (165 sq mi), forcing beaches and port facilities to close while government workers and local fishermen work to contain and clean up the spill.
North Korea is starting to flex a little muscle and Hillary Clinton feels they need to be sent a message. Reports show that North Korea sinked a South Korea warship, which they deny but Clinton states that the evidence show it was North Korea who made the attack on the ship.
Yo this is the beginning of something real ugly that about to happen between the U.S. and North Korea… this beef has been brewing for a while
Check this investopedia article out; it discuss how entire countries deal with handling debt crisis.
You’ve heard it before: someone runs into credit card or mortgage payment problems and needs to work out a payment plan to avoid going bankrupt. What does an entire country do when it runs into a similar debt problem? For a number of emerging economies issuing sovereign debt is the only way to raise funds, but things can go sour quickly. How do countries deal with their debt while striving to grow?
Most countries – from those developing their economies to the world’s richest nations – issue debt in order to finance their growth. This is similar to how a business will take out a loan to finance a new project, or how a family might take out a loan to buy a home. The big difference is size; sovereign debt loans will likely cover billions of dollars while personal or business loans can at time be fairly small.
Sovereign Debt
Sovereign debt is a promise by a government to pay those who lend it money. It is the value of bonds issued by that country’s government. The big difference between government debt and sovereign debt is that government debt is issued in the domestic currency, while sovereign debt is issued in a foreign currency. The loan is guaranteed by the country of issue.
Before buying a government’s sovereign debt, investors determine the risk of the investment. The debt of some countries, such as the United States, is generally considered risk free, while the debt of emerging or developing countries carries greater risk. Investors have to consider the government’s stability, how the government plans to repay the debt, and the possibility of the country going into default. In some ways, this risk analysis is similar to that performed with corporate debt, though with sovereign debt investors can sometimes be left significantly more exposed. Because the economic and political risks for sovereign debt outweigh debt from developed countries, the debt is often be given a rating below the safe AAA and AA status, and may be considered below investment grade.
Debt Issued in Foreign Currencies
Investors prefer investments in currencies they know and trust, such as the U.S. dollar and pound sterling. This is why the governments of developed economies are able to issue bonds denominated in their own currencies. The currencies of developing countries tend to have a shorter track record and might not be as stable, meaning that there will be far less demand for debt denominated in their currencies.
Its just hard for me to take all of this recession talk serious when you still have countries spending crazy amounts of money like this. Don’t believe the hype people go get what’s belongs to you there is no shortage of $$$$$ out there. Check this out:
On May 1 will you be visiting my favorite metropolis? Shanghai, China’s most populous city, welcomes you to the opening of the World Expo 2010, the “biggest outdoor entertainment event in history.” Beginning Saturday and continuing until Oct. 31, you and some 70 million others–the number of expected visitors–will be able to see 253 pavilions from 192 countries. The world’s first developing country to host a world fair is ending up creating the largest one ever.
The Expo will be just like the Olympics, only much bigger and far more exorbitant. Initially, Beijing promised the Shanghai event would be a modest affair. Chinese leaders, however, could not help themselves. Officially, they say they will spend the equivalent of $4.2 billion to host the event. Yet add in all the amounts poured into infrastructure and other preparations, and the cost balloons to more than $58 billion. Call it the most expensive event in history.
Why spend so much? After all, world fairs have become passé, ignored and derided. They are, if not sure money losers, risky financial ventures. The Shanghai one, in all probability, will not recoup its cost, even if the permanent infrastructure expenses are stripped out of the calculations.
Can’t we all just get along, lol now this is some funny stuff to see these politicians duke it out….
(CNN) — Lawmakers in Ukraine scuffled with each other, throwing punches and eggs, as parliament met Tuesday to ratify a treaty with Russia that extends the latter’s navy presence in the Ukraine’s Crimean peninsula until 2042.
The ruling Regions party eventually ratified the treaty but not before howls of protest from the opposition. Someone set off a smoke bomb inside the building, while Speaker Volodymyr Lytvyn sought refuge behind an umbrella as he was pelted with eggs.
During a rally attended by thousands on Saturday, opposition leader Yulia Tymoshenko — the former prime minister who lost to Viktor Yanukovych in the presidential election run-off in February — said the ratification must be prevented at all costs. She claimed that Yanukovych is “selling out” Ukraine, has “openly embarked on the path of destruction of (Ukraine’s) national interests, and has actually begun the process of eliminating the state’s sovereignty.”
The deal was signed last week by Yanukovych and Russian President Dmitry Medvedev. Tymoshenko said it violated part of the Ukrainian Constitution, which forbids the country from hosting foreign military bases after 2017. The deal extends Russia’s lease of a major naval base in the Black Sea port of Sevastopol for an additional 25 years, in exchange for a 30 percent cut in the price of natural gas that Russia sells to Ukraine. The agreement may bring an end to years of disputes over natural gas prices, which culminated in Russia turning off the pipeline to Ukraine. Video of the fight inside when you….. Read More…
Amercian debt has long been considered “risk free.” But with the deficit blowing out, and sovereign nations around the world crumbling, more and more are wondering just how safe our debt actually is.
Hopefully, any real crisis is a long way off, or will never happen. But, just in case, we’ve put together a guide of who holds US debt, and what might trigger them to hit the SELL button. #1 on the list the
Federal Reserve and Intragovernmental Holdings: $5.127 trillion and rising*Nightmare Scenario: The Fed actually decides to get “independent” and refuses to go along with reckless spending.
The leader of Venezuela Hugo Chavez is blaming the United States for Haiti’s earthquake claiming that the U.S. tested a “tectonic weapon” causing the devastation.
According to Chavez the earthquake was a result of “weapon earthquakes” started by the U.S. that would eventually be used to take over Iran.
The Venezuelan media also coincides with Chavez’s claim and reports that the earthquake “may be associated with a project called HAARP, a system that can generate violent and unexpected changes in climate.”
HAARP which stands for High Frequency Active Auroral Research Program has been the source of controversy for many conspiracy theorists.
Former Secretary of Defense William Cohen even expressed concerns over the program previously saying,
“In eco-type of terrorism whereby they can alter the climate, set off earthquakes, volcanoes remotely through the use of electromagnetic waves….”
PRESS TV reports that the purpose of HAARP is “directed at the occasional reconfiguration of the properties of the Earth’s ionosphere to improve satellite communications.”
Chavez also said the U.S should “stop playing God.”
Alexis Diaz has always been a natural born Actress. From the start of a young age she had participated in plays and competed in talent shows. Always driven she had attended Temple university in Philadelphia, where she received her Bachelors of Arts Degree in theater.MORE