Harvey Organ, Monday, April 18, 2011
Posted: Apr 18 2011 By: Jim Sinclair Post Edited: April 18, 2011 at 7:29 pm
Filed under: Jim's Mailbox
Dear Jim,
Lots of potential in BRIC nations!
CIGA BT
Dear CIGA BT,
As you know, Frank Vogl and I wrote a book in the 90s predicting that China would be the most powerful economy in the world followed by India and the USA.
The title was "Boom: Visions and Insights for Creating Wealth in the 21st Century.”
The Brics will take the Chairmanship of world economics. Africa is the opportunity now.
Jim
BRICS’ best is yet to come 2011-04-18 10:40:21
BEIJING, April 18 (Xinhuanet) — Emerging economies seek more balanced international system and share a vision for fairer global governance and common growth.
The recently concluded BRICS summit in Sanya, Hainan province, has once again highlighted the importance of emerging economies in the transformation of the international political and economic order.
The meeting, which brought together the five fastest growing economies, resulted in a statement elaborating their vision for common development and shared prosperity and put forward many new initiatives for global economic governance. With the participation of South Africa, the largest economy in Africa, the summit also added new geopolitical significance.
International opinion has varied in response to BRICS. Some acclaim it as the advent of a multi-polarity era and say this forward-looking group will have far-reaching consequences, not just for the five countries themselves, but also for the peaceful and orderly transition to a more just and democratic world.
More…
Dear CIGAs,
Many commentators will be saying woo unto the future of S&P.
Let us consider for a moment that you are the Chairman of the Federal Reserve who has firsthand knowledge concerning the real condition of the solvency of Western world financial industry.
1. You know that even consideration of curtailing QE because of political pressure would create a collapse of such magnitude it would make the 1930s look like a picnic at the park.
2. There is a rating agency with the proper political leanings in their corporate culture.
You would:
Support the dollar and the long bond the day that Standard and Poors downgrades the USA’s debt while having the caterers arrange the celebration of success for the continuation of "QE to Infinity." Management at the Fed therefore welcomes S&P’s downgrade for if QE does not exist, who will buy at the bond offerings? Keep in mind that QE can be defined as "non-economic bond purchasing."
Regardless, the dollar will continue to move lower long term (into 2015), and rates will now increase, only constrained by the degree of application for "QE to Infinity."
S&P cuts long-term outlook for US debt to negative
CIGA Eric
The officially recognized, read as not actual, debt burden remains near record levels. Devaluation, or ongoing default, is and always has been the tool used to manage excessive debt and deficits. The secular up trend in gold during Great Depression and today’s Great Recession confirms it. The issuance of debt is so “critical to national interests” that proactive downgrades will be limited in scope and timing despite evolution and intensification of the debt crisis.
Total Credit Market Debt As A% GDP
Headline: S&P cuts long-term outlook for US debt to negative
Standard & Poor’s Ratings Service downgraded its outlook Monday on the United States’ sovereign debt, expressing unprecedented doubts over the ability of Washington to bring the massive federal budget deficits under control in the next three years.
The agency lowered the long-term outlook to "Negative" from "Stable," saying there is a one in three chance it will downgrade the rating on the debt in the next two years.
Source: news.yahoo.com
More…
Jim Sinclair’s Commentary
Remember when? You probably don’t.
Comments made in the year 1955:
“I’ll tell you one thing, if things keep going the way they are, it’s going to be impossible to buy a week’s groceries for $10.00.”
"We need to stay vigilant!!, The government is here for the corporations, not humanity. It’s is we who have to be there for each other." -CIGA JB Slear
We are now moving to DEFCON 4...S and P downgrades USA debt/negative bias
MUST WATCH VIDEO...NOW...
The future belongs to those who prepare for it." - Ralph Waldo Emerson
Posted: Apr 18 2011 By: Jim Sinclair Post Edited: April 18, 2011 at 7:29 pm
Filed under: Jim's Mailbox
Dear Jim,
Lots of potential in BRIC nations!
CIGA BT
Dear CIGA BT,
As you know, Frank Vogl and I wrote a book in the 90s predicting that China would be the most powerful economy in the world followed by India and the USA.
The title was "Boom: Visions and Insights for Creating Wealth in the 21st Century.”
The Brics will take the Chairmanship of world economics. Africa is the opportunity now.
Jim
BRICS’ best is yet to come 2011-04-18 10:40:21
BEIJING, April 18 (Xinhuanet) — Emerging economies seek more balanced international system and share a vision for fairer global governance and common growth.
The recently concluded BRICS summit in Sanya, Hainan province, has once again highlighted the importance of emerging economies in the transformation of the international political and economic order.
The meeting, which brought together the five fastest growing economies, resulted in a statement elaborating their vision for common development and shared prosperity and put forward many new initiatives for global economic governance. With the participation of South Africa, the largest economy in Africa, the summit also added new geopolitical significance.
International opinion has varied in response to BRICS. Some acclaim it as the advent of a multi-polarity era and say this forward-looking group will have far-reaching consequences, not just for the five countries themselves, but also for the peaceful and orderly transition to a more just and democratic world.
More…
Dear CIGAs,
Many commentators will be saying woo unto the future of S&P.
Let us consider for a moment that you are the Chairman of the Federal Reserve who has firsthand knowledge concerning the real condition of the solvency of Western world financial industry.
1. You know that even consideration of curtailing QE because of political pressure would create a collapse of such magnitude it would make the 1930s look like a picnic at the park.
2. There is a rating agency with the proper political leanings in their corporate culture.
You would:
Support the dollar and the long bond the day that Standard and Poors downgrades the USA’s debt while having the caterers arrange the celebration of success for the continuation of "QE to Infinity." Management at the Fed therefore welcomes S&P’s downgrade for if QE does not exist, who will buy at the bond offerings? Keep in mind that QE can be defined as "non-economic bond purchasing."
Regardless, the dollar will continue to move lower long term (into 2015), and rates will now increase, only constrained by the degree of application for "QE to Infinity."
S&P cuts long-term outlook for US debt to negative
CIGA Eric
The officially recognized, read as not actual, debt burden remains near record levels. Devaluation, or ongoing default, is and always has been the tool used to manage excessive debt and deficits. The secular up trend in gold during Great Depression and today’s Great Recession confirms it. The issuance of debt is so “critical to national interests” that proactive downgrades will be limited in scope and timing despite evolution and intensification of the debt crisis.
Total Credit Market Debt As A% GDP
Headline: S&P cuts long-term outlook for US debt to negative
Standard & Poor’s Ratings Service downgraded its outlook Monday on the United States’ sovereign debt, expressing unprecedented doubts over the ability of Washington to bring the massive federal budget deficits under control in the next three years.
The agency lowered the long-term outlook to "Negative" from "Stable," saying there is a one in three chance it will downgrade the rating on the debt in the next two years.
Source: news.yahoo.com
More…
Jim Sinclair’s Commentary
Remember when? You probably don’t.
Comments made in the year 1955:
“I’ll tell you one thing, if things keep going the way they are, it’s going to be impossible to buy a week’s groceries for $10.00.”
"We need to stay vigilant!!, The government is here for the corporations, not humanity. It’s is we who have to be there for each other." -CIGA JB Slear
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