Prosperity Quest II Limited: Bolaget kommer att investera i Ryssland och de andra OSS-länderna, en region som har haft en stark ekonomisk tillväxt samt en ökad politisk stabilitet under det senaste decenniet. Tabellen nedan summerar den ryska ekonomins kr
22.11. by Katinka Barysch, deputy director of the Centre for European Reform. , "The leaders of two of the European Union’s most powerful states stunned their European partners - and most of their officials at home - by announcing in Deauville that the E
new report on Country-by-Country Reporting "Exposing the lost billions: How financial transparency by multinationals on a country by country basis can aid development".
Enl. Wyplosz fokuserar EU-ledrana i alltför hög grad på att gardera sig mot moral hazard ( moralisk risk: utsikten att en part som är isolerad från risk kan bete sig annorlunda än hur den skulle bete sig om parten var fullt utsatt för risk) gm att förstärka stabilitets- och tillväxtpakten. Nationalekonomerna har inte kunnat enas om en diagnos på krisen. Stabiltetapakt och/eller nytt EU-fördrag räcker inte för att lösa problemet. EU-ländernas sammanlagda skuld uppgår till 9000 miljarder euro. Stabilitetsfonden skulle kunna hosta upp 200 mrd, IMF ytterligare 200 mrd. Enast ECB kan kapitalisera bankerna. Alternativ till ett nytt EU-fördrag: "budgetdisciplinärt råd" och ECB:s regler för säkerheter (collaterals): "The proposal is for some European authority (the Commission? Or some other body?) to take over fiscal policy in a country that runs afoul of the Stability and Growth Pact. The idea that a country loses fiscal policy sovereignty is inspired by IMF programmes. " "The ECB has the authority to decide what collateral it accepts and it could decide to only accept treasury bonds issued by governments that exercise fiscal discipline. "
Azam, Balibar mf l i le monde 13.1.2012, KU 24.1. original: http://www.lemonde.fr/idees/article/2012/01/13/contre-le-discours-dominant-sur-la-dette-publique_1629374_3232.html
The shocking fact at a time of austerity is that EU military expenditure totalled €194 billion in 2010, equivalent to the annual deficits of Greece, Italy and Spain combined. "Despite the clear evidence of the cost of high military spending, military leaders continue to push a distorted and preposterous notion that European Union’s defence cuts threaten the security of Europe’s nations. NATO’s secretary general, Anders Fogh Rasmussen “has used every occasion to cajole alliance members into investing and collaborating more in defense.” "
Mike Whitney, Counterpunch 11-13 Oct: "Absent a debt ceiling deal, the repurchase market–known as repo–would undergo another deep-freeze as it did in 2008 when Lehman Brothers defaulted..." "...The same tragedy will play out again, if congress fails lift the ceiling and reinforce the present value of US debt." "Repo is at the heart of the shadow banking system, that opaque off-balance sheet underworld where maturity transformation and other risky banking activities take place beyond the watchful eye of government regulators." "Keep in mind, the US government does not have to default on its debt to trigger a panic in the credit markets. Changing expectations can easily produce the same result... when people start to doubt that US Treasuries will be liquid cash equivalents in the future" "This is what the Fidelity flap is all about. It’s about the erosion of confidence in US debt."
#1 Chinese credit rating agency Dagong has downgraded U.S. debt from A to A- #2 China's recent currency swap agreement with the eurozone... will result in a lot less U.S. dollars being used in trade between China and Europe... #3 Currency swap agreement with UK last June #4 The exposure to the 1.3 trillion dollar debt is becoming a major e internal issue #5 Govt adviser Mei Xinyu's warning that China may decide to completely stop buying U.S. Treasury bonds #6 China's State Administration of Foreign Exchange is looking to diversify into real estate investments in Europe #7 Xinhua has called for a "de-Americanized world" #8 and said that the debt deal "was no more than prolonging the fuse of the U.S. debt bomb one inch longer." #9 China is the largest producer of gold in the world, and it has also been importing an absolutely massive amount of gold ... the Chinese appear to be accelerating their gold buying.