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youcan'tstopusnow
#2131 Posted : Saturday, February 04, 2012 10:34:45 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Well, well, well. What do you know. The Russians and Chinks have only gone and vetoed the UN resolution on Syria

http://www.bbc.co.uk/news/world-16890107

This should be a wake up call to those hell-bent on spreading democracy (read thieving) at all costs
GOD BLESS YOUR LIFE
hisah
#2132 Posted : Saturday, February 04, 2012 10:45:16 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
Well, well, well. What do you know. The Russians and Chinks have only gone and vetoed the UN resolution on Syria

http://www.bbc.co.uk/news/world-16890107

This should be a wake up call to those hell-bent on spreading democracy (read thieving) at all costs

Chirussia united vs USUK... So far 1-0 to Chirussia at half time.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2133 Posted : Monday, February 06, 2012 6:59:40 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
From 2011 to date, labourers/workers/citizens etc are exhibiting a tipping of the scale event coming soon to the system i.e. the money & power (gubberment) centres...

http://www.euronews.net/tag/strike/
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2134 Posted : Monday, February 06, 2012 7:26:42 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
I had posted this cold fusion energy break thru some time back. This thing is causing discomfy to the black gold cartel. I hope Rossi doesn't end up like Nikola Tesla.

http://www.youtube.com/watch?v=p1W3Vm1HUO8 - Most info under the description tab of the video. Interesting rinks there.

Meanwhile 2 largest Greek union to strike tomorrow (against austerity) - members are almost half of the nation's work force.

Also the nobel peace price jury is under investigations.

No rinks for those two updates (I'm feeling lazy), just google to find them.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2135 Posted : Monday, February 06, 2012 7:45:17 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Brent oil about vault into breakout! Expensive oil back on the radar Sad Yet again oil will crash the markets esp now that the euroland recession is unfolding with a debt bomb to boot.




Techies & chartists, check out the 2yr breny chart and look at the falling trendline. $125 will get tested soon.

And such news obviously adds fuel to the impending breakout.

http://www.usatoday.com/...srael-nuclear/52956282/1
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
karanjakinuthia
#2136 Posted : Monday, February 06, 2012 10:13:34 AM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
NEW YORK (CNNMoney) -- A growing number of states are seeking shiny new currencies made of silver and gold.

Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, lawmakers from 13 states, including Minnesota, Tennessee, Iowa, South Carolina and Georgia, are seeking approval from their state governments to either issue their own alternative currency or explore it as an option. Just three years ago, only three states had similar proposals in place.

Read more:

http://money.cnn.com/201...3/pf/states_currencies/

karanjakinuthia
#2137 Posted : Monday, February 06, 2012 10:23:39 AM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
@ Mainat. A credit event is a declaration that will allow those institutions that took insurance on their sovereign debt portfolios to collect on that insurance. If the default is not declared a credit event, not only will the bondholders get a 70% haircut, but they will also not collect on their insurance.

It is akin to your house burning due to faulty wiring and the insurance company declaring it an arson attack therefore no compensation.

Mainat
#2138 Posted : Monday, February 06, 2012 10:35:07 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
KK- I know what a credit event is, but the criteria for defining something as a credit event is very complex. Even if your house burnt down, please note that an insurer only pays out when they are 100% sure that it was an event that fits their criteria for paying out.
Greece will fall over because its society might balk at the required changes.
Sehemu ndio nyumba
hisah
#2139 Posted : Monday, February 06, 2012 3:06:39 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
DJIA, S&P500, NASDAQ and Brent Oil - Monthly RSI creeping into overbought zone! A significant top is being telegraphed... Patience.

Soon rogue trading will be a subject again. Reminds me of Alessio Rastani - https://www.youtube.com/watch?v=lrXgQDeOFb8
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
youcan'tstopusnow
#2140 Posted : Monday, February 06, 2012 7:10:34 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
President Jakaya Kikwete has said Tanzania’s government has experienced serious financial difficulties in the recent past, revealing it was overwhelmed by debts.
http://www.nation.co.ke/...2/-/w6ixe9/-/index.html
GOD BLESS YOUR LIFE
543 Pages«<212213214215216>»
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