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The economic problem is this: Updated last page 16

 
Kingman-Art (OP)

User ID: 21062817
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09/08/2012 09:09 PM

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Re: The economic problem is this: Updated last page 16
This is why obama must go. If he resigned the economy would jump start.
obama and his crew are the huge crowbar that is shorting out any possibility of recovery.



"According to the Competitive Enterprise Institute’s Wayne Crews, regulation’s “hidden cost” has ballooned to $1.8 trillion on an annual basis. Think about that for a moment: the price of various rules and barriers to production foisted on job-creating businesses is over half as much as our extraordinarily bloated federal government each year. This is both incredibly wasteful and economically ruinous."

[link to www.forbes.com]

I guess the democrats just love voting for unemployment, for it makes them feel less guilty
when they collect the handouts.
Anonymous Coward
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09/08/2012 11:01 PM
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Re: The economic problem is this: Updated last page 16
I guess the democrats just love voting for unemployment,
 Quoting: OP



remember he old saying "you gt what you pay for"?



buy unemployment, get unemployment!


This concept is far too deep for any "democrat" to grasp.
GFX guy

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09/08/2012 11:15 PM
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Re: The economic problem is this: Updated last page 16
Gimme a break... I disagree with the update on this page OP.

...and I quote:
“Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talk of the sovereignty of Parliament and of democracy is idle and futile. Once a nation parts with control of its currency and credit, it matters not who makes that nation's laws. Usury once in control will wreck any nation.”
- William Lyon Mackenzie King, 10th Prime Minister of Canada, 1935.

Can you say, "Banksters"..? The above quote is their oath.
buttrape

Link: [link to www.wichaar.com]
Kingman-Art (OP)

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09/10/2012 08:05 PM

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Re: The economic problem is this: Updated last page 16
"We are currently living in a window of opportunity, a time when gold and especially silver is an affordable investment for most people. But the time is soon coming when this will no longer be so."

The Future Killing Fields Of Private Wealth:
The Global Bond Markets - Mark J Lundeen 8 September 2012
[link to www.gold-eagle.com]
Kingman-Art (OP)

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09/13/2012 02:41 PM

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Re: The economic problem is this: Updated last page 16
9/13/2012 early AM - Ben Bernanke and the FOMC (voted 11 for 1 against) to $40 billion a month to buy up all the Mortgage backed Securities, and to continue to do so until the employment picture improves.

The following article was penned 5 days before the announcement was made.

A concluding quote from the article:

"Gold and Silver broke decisively above the year-long descending triangle's upper boundary Friday, suggesting Gold is headed for new all-time highs over the coming months, with Silver headed sharply higher. Precious metals smell world Central Bank concerted debasing of fiat currencies, which is bullish for these markets."

The Fed & QE3: What This Means For Markets
Robert McHugh, Ph.D. 8 September 2012
[link to www.gold-eagle.com]


So with Benarke's Buffons doing the expected and along with the bailout of Greece which breaks the "no bailout article" of the Treaty, everything is now set for the lockup of the K-waves to begin.

rockon rockon rockon
One hell of a global economic Katrina is on it's way.
GFX guy

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09/14/2012 09:36 PM
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Re: The economic problem is this: Updated last page 16
The banksters ride again... the bastards! Karma is usually a bitch. Let's hope they get their just deserts. They're certainly are past due.
Kingman-Art (OP)

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09/18/2012 06:52 PM

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Re: The economic problem is this: Updated last page 16
"The government's liquidity shot promptly boosted gold and gold stocks, as investors sought the protection of the precious metal as a real store of value. You can see below the strong correlation between the rising U.S. monetary base and growing gold value. Since the beginning of 1984, as money supply has risen, so has the price of gold."

All Signs Pointing to Gold By Frank Holmes
CEO and Chief Investment Officer - U.S. Global Investors
[link to www.gold-eagle.com]

Here is Frank Holmes explaining Gold Price Makers and Gold Price Takers to Kitco News.
[link to www.youtube.com]

rockon rockon rockon rockon rockon rockon
So your takeaway lesson is that the metals can move up or down 15% in any given year.

Furthermore:
"The open secret in the financial world is that governments discourage the use of gold as money for its citizens, but in fact they trade in it through their central banks and treasuries. According to the the US Treasury Dept, US Treasury holdings of gold are 261 mm ounces, and the Fed’s holdings were 13.5 mm ounces as of July 2012. Led by governments such as India and China, central banks as a group have been snapping up gold more recently at a staggering pace — increasing their holdings of gold from 156 metric tons to more than 400 metric tons in only 12 months (ending March 31, 2012). Note well, this is a sharp change in behavior from persistent government selling of gold stocks over the past four or five decades. Even the IMF has just reversed a long standing policy of gold liquidation to purchase about 44 metric tons."


Gold Investing: What is the “Barbarous Relic” Really Worth?
[link to blogs.cfainstitute.org]

Last Edited by Kingman-Art on 09/18/2012 08:39 PM
Kingman-Art (OP)

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10/07/2012 09:19 PM

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Re: The economic problem is this: Updated last page 16
But the panic frightened half of Americans into voting for Barack Obama, a man who had openly campaigned on a Marxist and Socialist platform. He wanted to divide America with venomous class-warfare rhetoric and envy, and then steal the fruits of the productive to bribe the lazy for votes.

Fed QE and Gold, Silver
[link to www.gold-eagle.com]
Kingman-Art (OP)

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11/01/2012 03:43 PM

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Re: The economic problem is this: Updated last page 16
The QE & ZIRP assure the breakout to new highs.

However, the Allocated Gold Account scandal will assure the Gold price reaches $5000 and the Silver price reaches $200.

The scandal has begun. The stage is set.

The official Gold Accounts from foreign nations have been taken.

Choose your word: improperly used, illicitly seized, illegally stolen, desperately hypothecated. The point is that national gold treasures held in London and New York have vanished over the last 20 years, a process begun with the Clinton-Rubin Admin, continued with the Bush-Paulson Admin, defended by the Obama-Geithner Admin. The names of the administrations must include the Goldman Sachs representative in charge of the USDept Treasury, the guy with the stealing rights, as my friend in Reno colorfully calls it.

Full article here:
[link to www.gold-eagle.com]


rockon rockon rockon rockon
I have reason to think that $5K gold and $200 silver is way, way, to low.
Kingman-Art (OP)

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11/30/2012 06:10 PM

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Re: The economic problem is this: Updated last page 16
"For the US economy to return to its 2007 level, the private sector would have to grow by 40% while public spending remains constant. Thus an extraordinary amount of real growth in private wealth would be needed to fix the situation, even while making the improbable assumption that the government would agree not to increase spending one dime in real terms.
America fell into the math trap, and is stuck in it right now. And it is likely to dominate the factors that determine long-term stock market returns for decades - even if few people yet recognize the extraordinary significance of what was hidden beneath the surface of a supposed minor 2% decline in GDP between 2007 and 2009. "

The two links below explain to you the REASON WHY 40% is needed along with a absolute total cap on any increased government spending at federal, state, county, and local level.

Part 1 - [link to www.gold-eagle.com]

Part 2 - [link to danielamerman.com]

So ... You need both private money 40% growth and; a public money cap at all levels.


Harry Reid and crew is stopping the cap on public money, so you will get

rockon rockon rockon rockon
CHANGE that you can feel.
Kingman-Art (OP)

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12/12/2012 09:34 PM

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Re: The economic problem is this: Updated last page 16
"This is the biggest debt bubble in history. Each time deflationary forces re-assert themselves, offsetting inflationary forces (monetary stimulus in some form) have to be correspondingly more aggressive to keep systemic failure at bay. The avoidance of a typical deflationary resolution of this long wave is incubating a coming wave of inflation. This will not be the conventional 'demand pull' inflation understood by most economists. The end game is an inflationary/currency crisis, dislocation across credit and derivative markets, and the transition to a new monetary system, with a new reserve currency replacing the dollar. This makes gold and silver the 'go-to' assets for capital preservation." - Paul Mylchreest, Thunder Road Report

This article has a chart showing the real rate of return for GOLD from 2003 to 2012. It beats all other investments.

Saving Gold Old reliable stands tall in crisis atmosphere
Michael J. Kosares 10 December 2012
[link to www.gold-eagle.com]
DarthDickheadus:Ameri​canSith

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12/12/2012 10:01 PM
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Re: The economic problem is this: Updated last page 16
The economic problem is this:

The entire world is now under control of a synchronized K-wave winter leg phase.

This means that every country on earth is going into a Depression.

There will be no exceptions, ... not even the Swiss.

Because each countries K-wave is synch-locked to every other countries K-wave in a form of a "super resonance",

there is no safe harbor or safe haven to flee too;
in an effort to avoid the final outcome.

This is the legacy of a world wide global trade system

that does not have local backup in whatever is traded in.

Comments ????
 Quoting: Kingman-Art


Oh shit, the math makes sense.
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
Anonymous Coward
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12/12/2012 10:17 PM
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Re: The economic problem is this: Updated last page 16
Kingman-Art, there is no alternative to O - the Reublicans are equally as bad as the Dems.
Saddletramp
We Don't Rent Pigs...

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12/12/2012 11:12 PM

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Re: The economic problem is this: Updated last page 16
Could also have something to do with massive leveraging and an upcoming credit crisis at the end of our current debt cycle...

Just sayin...

But WTF, maybe we are just being microwaved by K-Ray and the boys...

Last Edited by Saddletramp on 12/13/2012 12:40 AM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
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12/12/2012 11:49 PM
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Re: The economic problem is this: Updated last page 16
Anonymous Coward
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12/12/2012 11:50 PM
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Re: The economic problem is this: Updated last page 16
Mr. Toppit

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12/13/2012 12:23 AM

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Re: The economic problem is this: Updated last page 16
The economic problem is this:

The entire world is now under control of a synchronized K-wave winter leg phase.

This means that every country on earth is going into a Depression.

There will be no exceptions, ... not even the Swiss.

Because each countries K-wave is synch-locked to every other countries K-wave in a form of a "super resonance",

there is no safe harbor or safe haven to flee too;
in an effort to avoid the final outcome.

This is the legacy of a world wide global trade system

that does not have local backup in whatever is traded in.

Comments ????
 Quoting: Kingman-Art


Oh shit, the math makes sense.
 Quoting: DarthDickheadus:AmericanSith


A useless eater class following the directions of a useless bureaucrat class

run and funded by a dysfunctional Warlord King - Obama at the behest of

anonymous banking scum cooking the books while the platform is burning.

Wizard Bernanke will burn at the stake in the next fiscal inquisition for his crimes.

Update... hopefully B gets the shaft - or becomes a victim of Obamacare.

Alas ... its already led to war among classes and nations. No stopping the

insanity now.

Last Edited by Mr. Toppit on 12/13/2012 12:34 AM
Anonymous Coward
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12/13/2012 12:45 AM
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Re: The economic problem is this: Updated last page 16
the books have been cooked to preserve the status quo for as long as possible

this concept transcends political ideology because BOTH parties are equally responsible for the perpetual illusion.

besides that, this is a global economic problem on such a massive scale that anyone still blaming obamacare does not get the scope of the problem.
Anonymous Coward
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12/13/2012 01:17 AM
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Re: The economic problem is this: Updated last page 16
The economic problem is this:

The entire world is now under control of a synchronized K-wave winter leg phase.

This means that every country on earth is going into a Depression.

There will be no exceptions, ... not even the Swiss.

Because each countries K-wave is synch-locked to every other countries K-wave in a form of a "super resonance",

there is no safe harbor or safe haven to flee too;
in an effort to avoid the final outcome.

This is the legacy of a world wide global trade system

that does not have local backup in whatever is traded in.

Comments ????
 Quoting: Kingman-Art


Does the K wave take into account influence from outside sources, or better put perhaps, are there outside sources of influence...
Anonymous Coward
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12/13/2012 01:37 AM
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Re: The economic problem is this: Updated last page 16
The economic problem is this:

The entire world is now under control of a synchronized K-wave winter leg phase.

This means that every country on earth is going into a Depression.

There will be no exceptions, ... not even the Swiss.

Because each countries K-wave is synch-locked to every other countries K-wave in a form of a "super resonance",

there is no safe harbor or safe haven to flee too;
in an effort to avoid the final outcome.

This is the legacy of a world wide global trade system

that does not have local backup in whatever is traded in.

Comments ????
 Quoting: Kingman-Art


Oh shit, the math makes sense.
 Quoting: DarthDickheadus:AmericanSith


A useless eater class following the directions of a useless bureaucrat class

run and funded by a dysfunctional Warlord King - Obama at the behest of

anonymous banking scum cooking the books while the platform is burning.

Wizard Bernanke will burn at the stake in the next fiscal inquisition for his crimes.

Update... hopefully B gets the shaft - or becomes a victim of Obamacare.

Alas ... its already led to war among classes and nations. No stopping the

insanity now.
 Quoting: Mr. Toppit


If only someone up in the higher echelons would fall, we could get our hands around their necks...cool2
MHz

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12/13/2012 03:19 AM
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Re: The economic problem is this: Updated last page 16
??? I didn't realize that the current President had control of the 1300's.

Let's say (in an adventure quest for instance)the RCC was put into receivership and found lax at best and the punishment being they had to make amendS for ditching the bank part of the duties God left them, rather the Nuns their wives in charge of the free loans as the task is being done by somebody already taken care of. The OT banking laws about usury work just fine as long as all gentiles are 'full brothers' as a member in sin could still get a loan in the OT and physical labor was the way the loan was paid off in some cases.

Let's say they 'find' an account with $999T in it and the worlds population was 666B ($1501.5015015015 each)that would leave 333B for the collective debt for the world and for 'public works'. Then there is the 'main vault', all business covered by Admiralty Law so the ones that divided up 666T buys part in the one they now work for and they are on the board along with all other 'employees'. The Janitor could score a bonus of $4M for seeing a better way to fix leaky pipes. Retirement is based on how much you put into. Following the 'brass' around
as part of the 'watch-dog' committee still is time on the pension.

The level of who was to be charged interest depended on the cost to run the bank, in good years it would be used often an that is more hours so they earn more, anybody below them gets loans at cost and above that there is a small interest charge that is 3% less than net for that person. Same for corporate customers, 3% growth then the savings go to the end user.
That is if having the sim run for a long time on it's 'own' is a desired goal.

Last Edited by MHz on 12/13/2012 03:23 AM
Shogu666

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12/13/2012 04:45 AM
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Re: The economic problem is this: Updated last page 16
Yes there is no more technology jumps that will create jobs and "growth".

Right now most of jobs will become obsolete via automation , robotics , 3d printing , artificial intelligence etc.

Global "pseudo-economy" aka growth economy is fucked.

I for one am happy , it is time for something smarter then consuming our-sefles to death.
jingo
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12/13/2012 05:41 AM
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Re: The economic problem is this: Updated last page 16
this is what happens when we let yids control everything,
yid or gentile,which are you,the fate of the yid hun was
sealed when David dIcke/edgar cayce opened his mouth in the
second centenary of the yid french revolution,what's the
difference between god and yid,god wants us to be free,
creates the habitat to be so,yid doesn't,the wrathschild
yids have created a world where everyone's dependent on
money created by them,to get it we have to work for them,
we're supposed to work for god not yid bloodsuckers,see
abundanthope.net/nov7 PJ228 ch3/4,the curse of the world is
people who set theirself up in authority over others,
hierarchy of fear,13 million yids control/destroy the world
to the detriment of the rest,time we marginalised them,they
have power over us because we give them our power by working
for them,hatonn says he'll work with us not for us,he won't
be our slave,we need to do the same,must be good fun
arresting folk,handcuffing them,making their wrist hurt,
locking them up,humiliating them in a cell,raiding their
premises,confiscating their property,charging them etc,
interesting our yid government is the biggest perpetrator
of crime: killing people/animals,flooding the country with
drugs,producing toxic food/water/air/pharmaceuticals,
indoctrinating the populace with propaganda instead of truth
etc, god determines the law not yids,see phoenix journal 27,
the nile valley is a fertile plain because it floods once a
year,you don't mess with nature,it's god at work,thanks to
the yid antichrist the planet's irreparable,interesting the
queen is a double,the british empire is the yid empire,they
control banking/the media/governments etc,start all the wars
,pollute/destroy the planet/us,see protocols of the learned
elders of zion,we work for yids for yid money/vouchers to
buy yid goods,all we've got to do is WITHDRAW our manpower,
their corporations including government will collapse,then
we can get on with living instead of slaving,see
ringingcedars.com,everyone selfsufficient,each community
decide its own fate,in accord with the laws of balance,see
phoenix journal 27,we don't need money/sell something to
survive,look at other species,once there was a firmament/
belt of vapour round the earth,like venus now,protecting it
from harsh radiation and maintaining a constant temperature,
resulting in lush vegetation/food everywhere,however it was
ruptured causing the deluge/oceans,fortunately it's being
restored,see abundanthope.net,then we'll have perpetual
spring,the garden of eden/aden,help yourself,everyone self
sufficient,we don't need landownership/deforestation,
permaculture not agriculture,we don't need concrete jungle,
all construction can be underground or tree houses,eight
billion annunaki have been removed from inside the earth
which is hollow, 1k miles thick,the poles are holes,1k miles
wide,entrances to the inner earth,see erks.org, we don't
need fossil fuel,oil is the lifeblood of the earth,the
continents float on it,electricity meters are C19th tesla
free energy generators,using magnets/dipoles to transform
high frequency energy of the aether into low frequency
energy,see cheniere.org, people get ready for the cataclysm
say your catechism,expect TV announcements about the three
days of darkness,maybe feb19,see abundanthope.net/dec13
falling in love with the new paradigm
Mr. Toppit

User ID: 26466623
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12/13/2012 06:36 AM

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Re: The economic problem is this: Updated last page 16
Yes there is no more technology jumps that will create jobs and "growth".

Right now most of jobs will become obsolete via automation , robotics , 3d printing , artificial intelligence etc.

Global "pseudo-economy" aka growth economy is fucked.

I for one am happy , it is time for something smarter then consuming our-sefles to death.
 Quoting: Shogu666


The short and long term problem for the US (it seems to me ) is the US dollar won't be the reserve currency of the world after jan 30 2013. finito

Someone like Moodys is going to point out with a much deserved nasty downgrade to super negative just how incompetent & corrupt the Obama administration is and the dollar will slide into oblivion making everything that has to be imported a hell of a lot more expensive. Baltic Dry drop like a rock.

And this will push the Obama droids into even more expansive " We hate white America" mode: Taxes are good. You deserve to be in these fema camps, Carbon is evil, Global warming is america's fault, Increases in entitlements are necessary, The rich middle class must pay, Our congressional clowns are corporate bought and paid for so .......

Insolvency USA ... SOS
Anonymous Coward
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12/13/2012 06:52 AM
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Re: The economic problem is this: Updated last page 16
This is why obama must go. If he resigned the economy would jump start.
obama and his crew are the huge crowbar that is shorting out any possibility of recovery.



"According to the Competitive Enterprise Institute’s Wayne Crews, regulation’s “hidden cost” has ballooned to $1.8 trillion on an annual basis. Think about that for a moment: the price of various rules and barriers to production foisted on job-creating businesses is over half as much as our extraordinarily bloated federal government each year. This is both incredibly wasteful and economically ruinous."

[link to www.forbes.com]

I guess the democrats just love voting for unemployment, for it makes them feel less guilty
when they collect the handouts.
 Quoting: Kingman-Art


I don't get it, OP. We don't have jobs because machines and offshore labor are doing everything cheaper except personal care, construction, and deep creative thinking -- and art. Until US labor costs are competitive with Asia's, there is no incentive to hire American workers.

How in the world is that Obama's fault? When costs are the sole ruler of production, we'll have a nation of ordinary people either sitting on their asses starving, weaving baskets, giving massages, or earning $1.50 per hour while those who own the businesses over-consume to keep the economy rolling.

All those evil socialist regulations like minimum wage, work hour and age limits, and OSHA have been a feeble attempt to protect US workers from aptly-named wage slavery. Does your ideal economic world allow no support for Man's humanity?!
Anonymous Coward
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12/13/2012 06:58 AM
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Re: The economic problem is this: Updated last page 16
I'll say it again.
The problem with the world economy is
Low stagnant wages
Banks gambling customer savings on the stock market
Poor education
Big business monopolizing and destroying small businesses
Welfare instead of workfare
Lack of apprenticeships and job placement after school
Not recognizing that better office efficiency, computers and robotics means there will only be face to face retail, medical care and construction jobs. There will be no manufacturing jobs because FUNAC assembly robots are cheep, fast, working 24/7 and don't commit suicide.
Time to rethink the future of jobs.
But I know we won't and that is why the world fails.
 Quoting: Anonymous Coward 23368165


This! Look up Robert Theobald's work from the early 1960's. He saw the natural results if the development of cybernetics (computing) on the world of work and immediately proposed 3 levels of fixed income with actual labor earning extra money. He did't quite have the answer but he saw the necessity for some kind of intervention to preserve any semblance of humanity.
Mr. Toppit

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12/13/2012 07:23 AM

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Re: The economic problem is this: Updated last page 16
I'll say it again.
The problem with the world economy is
Low stagnant wages
Banks gambling customer savings on the stock market
Poor education
Big business monopolizing and destroying small businesses
Welfare instead of workfare
Lack of apprenticeships and job placement after school
Not recognizing that better office efficiency, computers and robotics means there will only be face to face retail, medical care and construction jobs. There will be no manufacturing jobs because FUNAC assembly robots are cheep, fast, working 24/7 and don't commit suicide.
Time to rethink the future of jobs.
But I know we won't and that is why the world fails.
 Quoting: Anonymous Coward 23368165


This! Look up Robert Theobald's work from the early 1960's. He saw the natural results if the development of cybernetics (computing) on the world of work and immediately proposed 3 levels of fixed income with actual labor earning extra money. He did't quite have the answer but he saw the necessity for some kind of intervention to preserve any semblance of humanity.
 Quoting: Little Bee


Obama doesn't see the moral hazard in letting HSBC get away with a slap for money laundering ? Not a single executive charged or arrested? Fines as the new normal. Nothing happened in 2008, its just business as usual with toss off speeches. More taxes, more unemployment. Higher energy costs, more unemployment, More inflation, more unemployment, More govt jobs, more gross regulation. More useless bureaucrat million dollar pensions, More war war war. The humanity went out of our system a long time ago. The only thing left for it to do is collapse into killing each other. People want out. People want out. People want out!
Kingman-Art (OP)

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01/18/2013 11:38 AM

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Re: The economic problem is this: Updated last page 16
Some history on the K-wave.


" Based on Professor Thompson's analysis long K cycles have nearly a thousand years of supporting evidence.

If we accept the fact that most winters in K cycles last 20 years (as outlined in the chart above) this would indicate that we are about halfway through the Kondratieff winter that commenced in the year 2000.

Thus in all probability we will be moving from a "recession" to a "depression" phase in the cycle about the year 2013 and it should last until approximately 2017-2020."

[link to www.financialsense.com]


So the depression should finally start this year and last 7 years in length.

Most people are not ready for it.
Kingman-Art (OP)

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02/02/2013 01:24 AM

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Re: The economic problem is this: Updated last page 16
Published on Jan 27, 2013

If Congress does not get its financial house in order by the new deadline in mid-May 2013, John Williams of Shadowstats.com contends, "It will be the end of the road . . . . They are not going to have another opportunity . . . they are pushing the limit as it is now."

Williams says he expects, ". . . a negative reaction in the next 3 or 4 months to the dollar."

Williams adamantly continues to predict hyperinflation to the U.S. dollar by the end of 2014.

Listen carefully at 12 minutes and 20 seconds.

Dollar Sell Off Within 4 Months-John Williams 16 minutes
[link to www.youtube.com]

If you do not have sustainable growth in income, you can not have sustainable growth in consumption.

You need a 9% raise every year to break even with the cost of living.


rockon rockon rockon rockon rockon rockon rockon rockon
He is still seeing hyperinflation by end of 2014, he also sees a
dollar selloff starting in the next 3 or 4 months.
Kingman-Art (OP)

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United States
02/09/2013 04:31 AM

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Re: The economic problem is this: Updated last page 16
Friend of gold Jim Sinclair, and executive to a mining firm with interests in Tanzania, put it so well.

He captures the theme of this article when he said,
"It is the constant drop in the dollar's usage as a contract mechanism internationally. No one sees this but it is the Hammer of Thor on the head of the dollar."

The rejection of the USDollar in global trade will mean the end of the abused privilege in a currency turned toxic.

Its rejection is the marquee event in the financial world for 2013, following isolation.

It is unstoppable and all-encompassing, certain to have geopolitical consequences, as it alters the economic and financial landscape in harsh ways much like a band of violent marauders brandishing machetes alter the neckline of their victims. See the Tonton Macoute in Haiti. The greenback is cornered; it is done!

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