- Yes, the USD crash is around the corner. A 30% plunge is not out of the question. Even greater amount is seen. Bloomberg reports :
The dollar will weaken and the U.S. risks seeing a crash of the currency unless it does more to control the deficit and reduce debt, said New York University Professor Nouriel Roubini, who predicted the financial crisis.
“If markets were to believe, and I’m not saying it’s likely, that inflation is going to be the route that the U.S. is going to take to resolve this problem, then you could have a crash of the value of the dollar,” Roubini said in an interview today in Cernobbio, Italy. “The value of the dollar over time has to fall on a trade-weighted basis, but not necessarily relative to euro and yen.”
Roubini said he didn’t see a risk of a dollar crash in the “‘short term.” The value of the U.S. currency relative to currencies such as the yen or the euro “cannot change too much compared to current levels because if the dollar were to weaken a lot and the euro strengthen a lot, that’s going to warp any chance for the European economy to recover, same argument as to the yen,” he said.
“Most of the adjustment of the dollar in the future has to occur relative to China, relative to emerging Asia and relative to some of the other commodity exporters in the world, whether these are advanced economies or emerging markets,” he said.
Foreign creditors need assurances that the U.S. will address its deficit, Roubini said. “Unless in the medium term these issues of fiscal sustainability are addressed, and unless we mop up that excess liquidity from the financial system, eventually the financial markets and the foreign creditors of the United States might get more concerned about the sustainability of the U.S. fiscal deficit and about the U.S. being tempted to use the inflation tax as a way of resolving its private and public debt problems,” he said.
- To anyone who tracks the history of autism and its possible causes, one cause stands out: vaccination. Many toxic or neuro-toxic substances are found in vaccines. Chief of which is mercury from the preservative thimerosal (49.6% ethyl mercury). It is an indisputable fact that mercury is a neuro-toxin. Apart from mercury you find: aluminium, formaldehyde…etc.. William Engdahl writes :
It’s the Vaccines Stupid!
The WHO and US Government CDC are escalating a public psychological conditioning to create hysteria and panic among an uninformed public about an alleged “virus” H1N1 Influenza A, aka Swine Flu, whose alleged effects to date appear comparable with a common cold. Before people line up in the streets demanding their vaccinations for their children and themselves, it would be wise to remember, to paraphrase a 1992 campaign statement of Bill Clinton to George H.W. Bush: “It’s the vaccination, Stupid!”
By countless scientific accounts, far more dangerous to human health than any reported incidences of Swine Flu are the dangers of severe health issues including paralysis, brain damage and even death arising from what is added to vaccines by virtually every major vaccine maker. Almost without exception, all commercial vaccines today contain various substances known as adjuvants designed to make the vaccine “work.” These adjuvants are the source of horrendous and sometimes deadly damage.
It has been speculated for some time that there might be a link in the alarming rise in cases of autism among tiny infants and children and massive multiple vaccinations today given routinely to infants and children from the first hours of birth. There is clear and shocking evidence of the link between the two. If you do not have a strong constitution, you are advised not to read further.
A new study shows a direct link between standard childhood vaccination series, MMR, and autism-like symptoms in monkeys. The principal scientist involved in the study, Dr. Laura Hewitson of the University of Pittsburgh, presented the alarming conclusions as an abstract pending publication at the International Meeting for Autism Research. It has been presented at scientific conferences in both London and Seattle, USA.
The study compared vaccinated macaque monkeys with non-vaccinated macaques. No major flaws in the study have been revealed by any attending scientist. The vaccines included the popular MMR series. The study found a marked increase in “gastrointestinal tissue gene expression” and “inflammation issues” with those monkeys which received vaccinations. They are a common symptom of children with regressive autism.
The study also found marked behavior changes and development differences in those monkeys given the vaccines versus those who were not. “Compared with unexposed animals, significant neuro-developmental deficits were evident for exposed animals in survival reflexes, tests of color discrimination and reversal, and learning sets,” the study`s authors reported. “Differences in behaviors were observed between exposed and unexposed animals and within the exposed group before and after MMR vaccination.”
US Government-mandated research approved by Congress was to begin this year, but the funds were rescinded in early January. Claiming “conflict of interest” because of ongoing court cases, the Centers for Disease Control and Prevention (CDC), a long-time supporter of infant vaccinations, withdrew the research plans.
The most shocking of all is the recent and now common medical practice, reinforced by an aggressive pharmaceutical industry, of giving multiple vaccines, often virtually within hours of birth, to infants despite the fact that no study including all of the vaccine series commonly given to children in the US and UK, about 30 in all, has been conducted until now. The practice of newborn multiple vaccinations has become widespread in Germany and other EU countries over the past decade. Significantly there have surfaced reports of dramatically increased instances of autism in newborn and infants in various German hospitals over the past decade, precisely the period multiple vaccinations of newborn and infants has become routine.
…. to continue reading click here!
- See also :
Study Proves Link Between Thimerosal and Autism Neurotoxicity
- Are the Afghanistan and Pakistan wars legal. Are they morally just wars? The Constitution allows Americans to defend their country. But would you say that the AfPak war is about defending America or outright aggression for oil interests? Examiner.com opines:
The US invasion of Afghanistan can be best legally understood as a “War of Aggression.” This label is appropriate because Afghanistan did not attack the US, the UN Security Council did not authorize use of force, and the US rejected the Afghan government’s offer of cooperation to capture Osama bin Laden if the US could provide any evidence of his involvement in a crime. I document this important story here with additional comments here, in as far as I know, uncontested fact because the key information comes from our own government’s admissions.
Because the Afpak War fails to meet the burden of proof before a nation may invade another, it is illegal. Another way of saying this is that it is tyrannical: outside the law and destructive. The mainstream media will not provide the history and legal context to understand one of the few areas of law that responsible citizens MUST know. Please be sure that you are satisfied with your understanding of one of our most important laws.
Yesterday, Secretary of War Defense Robert Gates discussed increasing American troop levels in Afghanistan in a Washington Post article under the ironic banner, “AfPak War: Combating Extremism in Afghanistan and Pakistan.” The Wall Street Journal headlined, “Obama Urged to Rally Support for War.” PressTV was left to acknowledge that a NATO airstrike yesterday killed 100 Afghan civilians, raising the year’s total to at least 1,000.
The psychopathic propaganda of our political “leadership” is that war is an effective strategy to produce peace and national security. Psychopathy is a study of destructive behavior under a veneer of socially acceptable rhetoric and acting. An alternative strategy to produce peace and security is to produce it through cooperation, justice, dignity and freedom. This is studied in university Peace Studies programs.