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Dubai Shares Drop to Lowest This Month on Slowing World Economy

June 12th, 2011 Comments off

Middle East shares fell, with Dubai’s stocks retreating to the lowest this month, after data from the U.S., India and China fueled concern global economic growth is slowing, damping investor appetite for riskier assets.
BusinessWeek.com — Finance

Categories: Investing Tags: Drop, Dubai, Economy, Lowest, Month, Shares, slowing, This, World

Fixing America’s Economy: Nine Ideas from Around the World

June 9th, 2011 Comments off

Countries as diverse as Germany, Brazil, Singapore, and Thailand can offer ways for the U.S. to shore up its economy
BusinessWeek.com — Finance

Categories: Investing Tags: America's, Around, Economy, Fixing, from, ideas, Nine, World

Emerging Markets Must Speed Up Rate Increases, World Bank Says

June 8th, 2011 Comments off

Emerging-market economies, growing almost three times faster than their developed counterparts, need to speed spending cuts and interest-rate increases as they fight inflation and overheating, the World Bank said.
BusinessWeek.com — Finance

Categories: Investing Tags: Bank, emerging, Increases, Markets, Must, Rate, Says, speed, World

As World Millionaires Multiply, Singapore Holds Its Lead

June 4th, 2011 Comments off

Overall, global wealth grew fastest in the Asia Pacific region last year. North America came in second
BusinessWeek.com — Finance

Categories: Investing Tags: Holds, Lead, Millionaires, Multiply, SINGAPORE, World

Little Guys Are Everywhere in Rajaratnam’s Insider-Trading World

May 12th, 2011 Comments off

The Wall Street trader had engaged in the most widespread instance of “systemic corruption” the government had investigated.
BusinessWeek.com — Finance

Categories: Investing Tags: EVERYWHERE, guys, InsiderTrading, Little, Rajaratnam&rsquos, World

Stocks for an Aging World

April 13th, 2011 Comments off

Investing in stocks that profit from aging populations may dull the pain of getting older
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What Today’s USA Economy, It’s People and the True Story of Noah’s Ark Have in Common – World History Repeating Itself

March 26th, 2011 Comments off

What Today’s USA Economy, It’s People and the True Story of Noah’s Ark Have in Common – World History Repeating Itself

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What Today’s USA Economy, It’s People and the True Story of Noah’s Ark Have in Common – World History Repeating Itself

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Posted: May 11, 2010 |Comments: 0
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Remember the true story in the Bible when Noah was building an Ark in the middle of the desert with no rain in sight, and there hadn’t been rain in his “neck of the woods” for years and years.

Plus remember when the heathen in his day were laughing at Noah and taunting him about being so foolish as to build a big huge boat that wasn’t even needed out in the middle of nowhere, and never will be.

Well years and more years went by and Noah just kept building away one piece at a time and working hard to build this Gigantic Ark that God told him to build while nobody else was listening or even cared.

They just thought Noah was nuts and that was that right? In other words as Noah was building his Ark, and everybody else was just going about their everyday business like nobody else’s business not really thinking about the future or what God was preparing Noah for; the impending doom of Mankind that was “outside” of the Ark and wasn’t prepared, because they (“the heathen”) didn’t see it coming since they were not listening to God, just Men in their day.

Doesn’t that remind you of today? Right…

Well today’s economy is presenting the same exact conditions. In other words 95% of most Americans have their “head in the sand” so to speak and are just plodding along with life, their little jobs, family, and doing what they normally do without thought of the future and what it will bring: financial disaster.

I’ve been reading many financial books and listening to many people who know a lot more about money and finance than I do, and many say that America as we knew it is over and that we need to get ready for the financial drought that is coming upon the USA and other countries.

In other words, the World economy is crumbling right before American’s eyes and most don’t see it or even care enough to do anything on the side to make money other than their no leverage “job” (just over broke – if even fortunate enough to have one in today’s shaky economy) in order to be prepared for a World economy going down and out for the count.

With the US dollar literally shriveling in value at a record pace, and as the World watches huge Earth Quakes and Volcanoes rocking countries and Islands around the World along with World Wars and rumors of Wars, planet Earth is going through and will continue to go through massive change and human beings all over the World will suffer like never before.

Yes, even here in the USA mass suffering for lack of even basic necessities is more than likely to occur and for years to come as Americans see their jobs, and incomes getting “picked apart” or even disappear at record pace because of the huge burden of taxes on businesses that provide jobs, cost of living, and just plain job wage stagnation.

The numbers, and facts do not lie, and with unemployment over 10% and the trend growing in that direction fast. American’s need to wake up to the fact that a “JOB” (just over broke 1:1: ratio job) with no leverage to help them get ahead financially, plus traditional methods of investing for the long term in the stock market, 401K, and other “so called” financial vehicles just isn’t going to “cut it” anymore.

So savvy Americans will and need to take drastic action (i.e. build their ark), in building their own home based, and/or other businesses to be prepared for the inevitable future most Americans are going to face: massive financial suffering on a MASS scale here in the USA and abroad.

Future USA generations such as generation “O” (OH NO, I’m broke, and in MASSIVE debt generation), are in for a rude awakening, and unfortunately with the USA’s Government’s on all levels out of control with spending American’s money and future’s away, and lack of fiscal responsibility by politicians on all levels all the way to the top are going to hurt the “Ouch” generation (as I call them) in a big huge way right in their wallets, and pocket books.

Future Americans (generation “O” and beyond) will more than likely drown in financial debt from extremely high taxes, cost of living, frozen wages, and massive job losses like the people who drowned in Noah’s day except in a different way (financially) because they didn’t build their financial Ark, and so are lost forever.

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Strengthening Cooperation to Promote the Common Prosperity of the Chinese and World Economy

March 23rd, 2011 Comments off

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Strengthening Cooperation to Promote the Common Prosperity of the Chinese and World Economy

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Posted: Jul 06, 2010 |

It is my great pleasure to have Mr. Kohler join me to discuss with you on the issues of the world economy and China’s reform and development. This is Mr. Kohler’s fourth visit to China since he took the office of the Managing Director of the IMF. The frequent exchange of visits between the Chinese authorities and the IMF top management highlights a persistent strengthening of bilateral cooperation between the two sides. Since it resumed its legitimate membership in the IMF in 1980, China has enjoyed a good working relationship with the IMF. In the early 1980′s, China borrowed about US.6 billion on three occasions from the IMF due to temporary difficulties in its balance of payments. These loans had all been paid up by the end of 1991.

Over the past 20 years, the IMF has offered a series of valuable policy advice in the process of establishing a socialist market economy in China through annual consultations, technical assistance and training programs. IMF’s positive and objective assessment of China’s economic development and policies has greatly helped the international Breitling Replica community to have a full and correct understanding of China. In 2000, China signed a joint-training program with the IMF. With the completion of the construction of the joint-training center in Dalian, the bilateral cooperation in the area of personnel training will enter a new phase. Therefore, please allow me to take this opportunity to express our heart-felt thanks to you, Mr. Managing Director, and through you, to all the staff of the IMF, including those retired staff who once contributed to China’s reform and opening up. As, a member of the IMF, China has also actively participated in and supported various activities of the IMF, fulfilled its obligations, and given support to IMF’s concessionary financial programs to aid poor countries. Thanks to its favorable balance of payments and sufficient foreign exchange reserves, China has been a net contributor of resources to the IMF for many years.

More than two decades of cooperation with the IMF also witnessed profound achievements made by China in the same period in its reform and opening up. During such a period, China’s GDP has quadrupled, the economic structure has markedly improved, a market economic system has been preliminarily established, the opening up has entered new phases, the financial industry has made strides of historic significance, and the macro-control has been remarkably strengthened. China’s international status has been enhanced to a certain extent. The ranking of China’s quota in the IMF rose from the place to the 8th place. In this regard, I would like once again to express my gratitude to Mr. Kohler and his colleagues in the IMF for their support.

China will continue to push forward its reform and opening up in an active and prudent way, and we would continue to welcome valuable policy advice and technical assistance from the IMF in this course. As one of the three most important international economic organizations in today’s world, the IMF enjoys a global membership. It is playing an Replica Hublot Watches increasingly important role in safeguarding international financial stability, promoting the steady and balanced growth of world trade, and encouraging orderly cross-border capital flows. Particularly in recent years, the IMF has launched Financial Sector Assessment Program, encouraged its members to implement international standards and codes of good practices, combated money laundering and terrorism-related financing activities, and built a new framework for global financial stability and the balanced growth of global economy.

Ladies and Gentlemen, I am confident that with the superb leadership by Mr. Kohler, the hard work of all the Fund staff, as well as the joint efforts of all the Fund members, we are bound to strengthen cooperation and mutual understanding, and the Fund will be able to realize its purpose step by step to promote a balanced and sustained growth of global economy. Thank you.

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