"WHAT GOES UP MUST COME DOWN, SPINNIN’ WHEEL GOT TO GO ROUND. TALKIN’ ‘BOUT YOUR TROUBLES IT’S A CRYIN’ SIN, RIDE A PAINTED PONY LET THE SPINNIN’ WHEEL SPIN.”
OVER THE WEEKEND THE WORLDS SECOND LARGEST STOCK MARKET, THE CHINESE SHANGHI IS TAKING UNPRECEDENTED MEASURES TO CURB THE SELLING ROUT THAT HAS DROPPED THE INDEX 30% IN JUST 3 WEEKS!
THE SPEED OF THIS DROP IS THE FASTEST SEEN SINCE 1992!
CHINAS STATE BACKED MARGIN FINANCE COMPANY WILL HAVE A DIRECT LINE INTO THE LIQUIDITY OF THE CENTRAL BANK. ALSO CHINAS’ TOP BROKERAGES HAVE PLEDGED TO BUY 19.3 BILLION IN SHARES TO HELP PLUG THE DAM ON THE SELLING! IT REMAINS TO BE SEEN HOW THAT WILL GO.
Post From KTFA By ThunderHawk » July 6th, 2015,
U.N. Debt Expert Says Greece Can't Take More Austerity
Greece cannot take any more austerity as it will cause more social unrest and lessen the chance of an economic recovery, a United Nations debt expert said on Monday.
Greeks overwhelmingly rejected conditions of a rescue package from creditors on Sunday, throwing the future of the country's euro zone membership into further doubt and deepening a standoff with lenders.
10 Consequences of Greece's 'No'
Chief Economic Advisor, Allianz; Chair of President's Global Development Council
By heeding their government's advice and voting "No" in the referendum on Sunday, Greek citizens sent an unambiguous message. Much like the fictional Americans portrayed in the movie “Network” who threw open their windows and shouted out, “I'm as mad as *** and I'm not going to take this anymore,” the Greeks are demanding that the rest of Europe acknowledge their distress.
Post From KTFA by aggiedad77 » July 6th, 2015 Comments From Aggidad below article
walkongstick wrote on July 6th, 2015, 4:33 pm: DS......... Keywords: abolition of additives on the budget law strengthens the independence of the central bank and can diversify monetary tools
Author: ASJ Editor: BK, BS 6/7/2015 10:38 p.m.
Long-Presse / Baghdad Counting the Iraqi Central Bank, on Monday, that the acceptance of the Federal Court appeal lodged by the budget law, promotes independence and allows it to diversify its monetary policy and flexible orientation tools, noting that sales of the dollar aims to provide the Ministry of Finance dinar you need to finance the budget,
and to achieve stability of exchange rates General and prices, and to ensure that bending the citizen and the economy, investment and banditry on the "greedy and malicious."
Post From Wealthwatch.world Chat Room 7-6-15 Part 2 of 2
Member News Discussion
chattels: ATHENS — Greeks have voted overwhelmingly to reject the bailout put forward by international creditors, and following Sunday's referendum, campaigners filled the main square in Athens to celebrate. Greek Prime Minister Alexis Tsipras said Greeks had voted for a "Europe of solidarity and democracy,"
but EU officials have warned that the result of the referendum could push Greece towards an exit from the eurozone, and that future negations would be tough. Some form of deal is needed urgently, as Greek banks are likely to run out of money without emergency loans. Tsipras remained upbeat though.
"Today, considering last week's very difficult circumstances, you made a very brave choice.
Post From Wealthwatch.world Chat Room 7-6-15
chattels: HRW exposes shocking details of ISIS attack on Kobani By Arina Moradi
chattels: Peshmerga stop 600-strong ISIS attack south of Kirkuk By RUDAW
KiwiDoc: ‹@chattels› very good, been reading your posts and the articles on the Kurds and Turkey all very dynamic and cause for thought