World Economic Chaos

[SAT]

Re: World Economic Chaos

G20 has bought time, more force needed: World Bank

The world's leading economies have relied on short-term measures to get them through the financial crisis and must now make deeper reforms to speed up growth and ease debt problems in many rich countries, the World Bank said.

http://www.reuters.com/article/2012/...85G0IF20120617

[SAT]

Re: World Economic Chaos

B-20(business) Summit

Before the latest Greek results came in, Christine Lagarde, head of the International Monetary Fund, was grim-faced as she addressed the B(business)-20 meeting of world business leaders running up to Monday's G20. She beseeched the businessmen to exert their influence and pressure world leaders to address the "mission-critical" priority of restoring investor confidence in the world economy.

"Be as blunt as you can with the G20 leaders," she said. "Prioritize and indicate what in your view, in the view of the investors around the world ... is critical as far as you are concerned to restore confidence."

http://www.foxnews.com/world/2012/06...test+-+Text%29

[Butterfly]

Re: World Economic Chaos

http://www.reuters.com/article/2012/...85L07C20120622


Euro's big four seek way out of crisis in Rome
By Gavin Jones
ROME | Fri Jun 22, 2012 1:57am EDT

(Reuters) - The leaders of Germany, France, Italy and Spain will try to find common ground in Rome on Friday to restore confidence in the euro zone ahead of a full EU summit next week, with German Chancellor Angela Merkel likely to be outnumbered.

Butterfly, thinking that Fab Four meeting in Rome is actually the Revived Roman Empire rising from the ashes....

[SAT]

Re: World Economic Chaos

Diamond quits in Barclays boardroom bloodbath
http://news.yahoo.com/barclays-bank-...GY3ZTU2;_ylv=3

Absolutely amazing how corruption etc etc etc etc has been getting exposed, like the world has never seen before. Starting in 2007.


JPMorgan probed over possible power market manipulation

U.S. energy regulators have subpoenaed JPMorgan Chase & Co to produce 25 internal emails as part of an investigation into whether the bank manipulated electricity markets in California and the Midwest.

The Federal Energy Regulatory Commission (FERC), which has recently stepped up its efforts to end manipulation of U.S. power markets, filed a petition in federal court on Monday to require the bank to produce emails from 2010 and 2011 as part of a formal investigation into the bank's power trading.

http://news.yahoo.com/jpmorgan-probe...mZkYw--;_ylv=3

[SAT]

Re: World Economic Chaos

Just a little side note. I hope no one minds if I post it here.

France Telecom investigated over spate of staff suicides

On Wednesday, Lombard's attorney, Jean Veil, called the accusation against his client "stunning," saying the former CEO was being accused of harassment against people he had never met.

http://www.reuters.com/article/2012/...8650XB20120706

His work place policies are and were being blamed.


It seems from the economic chaos there is a major shift happening.

[Issachar]

Re: World Economic Chaos

It seems from the economic chaos there is a major shift happening.

I think so. Man and mammon are tightly linked. He loves to cling to "the things of this world" ...

Issachar

[SAT]

Re: World Economic Chaos

Employers not rattled yet by "fiscal cliff"

American employers are keeping their fingers crossed that politicians will steer away from a "fiscal cliff" of major tax hikes and spending cuts in early 2013, and, so far at least, have not gone back to a defensive recession-mode.

http://www.reuters.com/article/2012/...86705K20120708

a "fiscal cliff" of major tax hikes

a "fiscal cliff" of major spending cuts

Sounds just like the IMF warnings this week and what the EU is now aiming for???

[Butterfly]

Finland prepares for break-up of eurozone

http://www.telegraph.co.uk/finance/f...-eurozone.html

Finland prepares for break-up of eurozone
Finland is preparing for the break-up of the eurozone, the country’s foreign minister warned today.

The Nordic state is battening down the hatches for a full-blown currency crisis as tensions in the eurozone mount and has said it will not tolerate further bail-out creep or fiscal union by stealth.

“We have to face openly the possibility of a euro-break up,” said Erkki Tuomioja, the country’s veteran foreign minister and a member of the Social Democratic Party, one of six that make up the country’s coalition government.

“It is not something that anybody — even the True Finns [eurosceptic party] — are advocating in Finland, let alone the government. But we have to be prepared,” he told The Daily Telegraph.

“Our officials, like everybody else and like every general staff, have some sort of operational plan for any eventuality.”

[Guest]

Re: World Economic Chaos

We are now one year away from global riots, complex systems theorists say!

http://www.kurzweilai.net/we-are-now...m_medium=email

What’s the number one reason we riot? Hunger — food becoming too scarce or too expensive. So argues a group of complex systems theorists in Cambridge, and it makes sense, Motherboard reports.

In a 2011 paper, researchers at the Complex Systems Institute (CSI) unveiled a model that accurately explained why the waves of unrest that swept the world in 2008 and 2011 crashed when they did. The number one determinant was soaring food prices. Their model identified a precise threshold for global food prices that, if breached, would lead to worldwide unrest.

[Butterfly]

Re: World Economic Chaos

Distress of Nations SEPTEMBER 2012

Fidockave213 - Distress of Nations September 2012

Note this video does not imply the world is going to end in 2012 Extreme weather and Global unrest September 2012 Earthquakes sinkholes volcanic eruptions steam plumes riots floods UFOs meteor fireball etc major Earth changes. LUKE 21:25

[Issachar]

Re: World Economic Chaos

wow Butterfly .. I didn't see that little video until this morning. Quite impactful. A couple things we know, that are in the film .. e.g. ice melting indicating long term global warming, that movie causing riots in the ME .. are not accurate (from the perspective promoted by the government(s) and their PR arm(s); the main stream media, but it does show just how busy of a year this has been. I like the scripture verses at the end.

Issachar