RE: FrostyThe Snowmans Post- http://www.dinarrecaps.com/our-blog/bits-and-pieces-in-dinarland-late-friday-night-2-12-16
Mountainman: Since the DOLLAR is the "PRIMARY "World Reserve Currency and don't Forget the PETRO Dollar is Used for GLOBAL OIL TRADE.........We REAP the Rewards of Goods being bought and sold.....USA IS A Major CONSUMER of Local and Global Products!!!!!!!!.......
With that being said, In The "TRANSITION" from The OLD FIAT DOLLAR to the NEW GOLD BACKED DOLLAR.....We could be in for A Turbulent TIME.....IMO.....
As DOC has Shared Countries are Currently in MOTION to Depeg from The US FIAT/PETRO DOLLAR=Nothing Backing It.........So It Only Makes sense that HIGHER Commodity/FOOD PRICES will ARISE.....
WHY???...because of WHAT is Already Occurring in the Markets=(UNCERTAINTY).....??? Would YOU want something that has No Intrinsic Value=FIAT...or That which Has (TRUE HARD VALUE) backing It???.....
I Know it's an easy Choice......Well Make No MISTAKE ALL Countries UNDERSTAND What's COMING......But EVERYDAY Joe's Don't=CITIZENS........That's "THE TRAP" Doc and T.Hawk are Showing in their Articles......
Once REALITY /UNDERSTANDING Comes well.......Hello Higher Prices....Just Like the EXAMPLE in this Article about CANADA and their CURRENCY!!!!!!!!.....IMO
I Hope this HELPS and As Things Sink in for You.....Pass It On!!!!!!!!
BACKDOC: EXCELLENT JOB FROSTY!
WHAT WAS YOUR EXTRACTION COST OF GETTING THIS MOST EXCELLENT INTEL MY FRIEND? HEE HEE
IS THERE ANY DOUBT THAT THE "MR. LONLEY" AND IRAN WILL HAVE COMPATIBLE CURRENCY VALUES? MMMMM
NOW WE WAIT FOR THE NEXT PIECE OF THE PUZZLE TO FALL IN PLACE ON THE THE 15TH WHEN CHINA RETURNS TO WORLD MARKETS!
ARE THEY DEPEGGING FROM THE DOLLAR?
IS THAT WHY THE NEW DOLLAR NARRATIVE OF DECOUPLING FROM OIL STARTED ON WEDNESDAY THE 3RD TO PAVE THE WAY FOR THE 5TH WHEN IRAQS' NEW MATH WAS COMPLETED?
MMMMM HEE HEE THEN WE BELIEVE AS IRAN SAID THEY WILL BEGIN AROUND THE 8TH TO ENTER THE WORLD WITH IRAQ THEIR TRADING PARTNER! STEP BY STEP!
AND FINALY FROSTY, WILL SAUDI ARABIA SELL THEIR OIL DENOMINATED IN THE NEW POWERFUL ASSET BACKED CURRENCY OF THE UNITED STATES TREASURY OR WILL THEY TURN TO THE SILK ROAD?
MY BET IS ON THE U.S. AT THE MOMENT SINCE WE JUST COMPLETED A SIGNIFICANT ARMS DEAL WITH THEM!
THE REAL QUESTION IS: IF OR WHEN THEY DROP THEIR PEG TO OIL TO FREE IT FOR ITS REPLACEMENT THE TPP? MMMM
8@8, DOC IMO
BACKDOC: ACTIONS MEAN THINGS!
WITH THE SHENGEN AGREEMENT LOOKING TO BE SUSPENDED FOR AT LEAST 2 YEARS AS PER FOX BUSINESS NEWS, I SENSE AN UNEASINESS BEGINNING TO SEPARATE EUROPE LIKE DAYS OF OLD!
WITH FOLKS WAITING IN LINE TO BUY GOLD AND GOLD BONDS THERE ARE THEY PREPARING FOR SOMETHING THAT WE HAVE TALKED ABOUT FOR MONTHS NOW?
WE HAVE SEEN THE ATTACK ON THIS UNION WITH GREECE, SPAIN, VW, DEUTCHE BANK, AND FINANCIAL STABILITY STARTING TO UNRAVEL THERE!
I'M GLAD WE ARE PREPARED FOR WHAT MAY BE THE ACCIDENT ON PURPOSE!
Thunderhawk: Germany Predicts Doom and Gloom as Eurozone Worries Mount
The German treasury has predicted "substantial sustainability risks" to the country amid reports that the Eurozone is set for further bailouts because of fears over another sovereign debt crash.
Despite Germany's Federal Finance Minister Wolfgang Schauble running a 2015 surplus of US$13.5 billion, experts in his department are predicting "substantial sustainability risks" to Germany's long-term debt-to-GDP ratio because of an aging population.
A report to be put before Schäuble next week, states that — unless Germany starts making huge cuts to its state budget now — it will be unable to sustain the debt burden caused by an aging population and a low birthrate.
Unless the finance minister takes drastic action, the German debt-to-GDP ratio will reach 220 percent by 2060 — massively above the 60 percent limit set out under the Maastricht agreement of 1992. Germany — being a central pillar of the Eurozone — is under huge pressure to keep within the fiscal rules of the single currency agreement.
The report — leaked to the newspaper Welt am Sonntag — suggests that state spending will have to be capped each year over the next five years by around 5.8 percent. At its most pessimistic, Germany would need to start cutting US$26 billion annually.
This figure is seen as difficult to achieve given the current strain on the federal budget owing to the refugee crisis, which has seen 1.1 million migrants arrive in Germany.
Italian and Portuguese Pain
The grim news comes as cracks began to appear in one of the recent Eurozone bailouts over sovereign debt: Portugal. The country's new left-wing government has promised to roll back the austerity measures demanded by Brussels.
That — in turn — has caused panic on the markets as investors continue to sell-off Portuguese government bonds because of fears of fiscal instability, which could lead to their value being rated "junk" by the credit rating agencies, which could lead to the country failing its bailout obligations.
Meanwhile in Italy, the value of Banca Monte dei Paschi, Italy's third-largest bank, has plummeted by 60 percent since the start of this year because many are pulling money out of Italian banks — as well as Italy as a whole — because of the country's dire financial position.
Following the 2008 banking crisis, Italy has been struggling to get its economy on track — particularly in the south, where the unemployment rate is 22 percent — only slightly below Greece's. Many are unable to repay their debts, which could precipitate another bailout crisis.
Meanwhile, Greece — which is on its third bailout from its creditors — is still struggling. It is back in recession and Athens is facing a huge backlash against unpopular austerity measures, including increased taxes and pension reforms. Without growth, the country is hardly likely to meet the tough deficit and debt-reduction targets demanded of its creditors — ironically — chief among whom is Germany.
BACKDOC: KEY WORD TO PUT INTO YOUR ASSET BACKED BRAINS FROM THIS DAY FORWARD IS DIGITAL!!
LET'S GET DIGITAL, DIGITAL, I WANNA GET DIGITAL! LETS' GET INTO DIGITAL! BAAA HAAA
NOW YOU WILL REMEMBER IT!
THIS WILL BE THE NEW ROADMAP FOR ASSETS AND LIABILITIES! DIGITAL CURRENCIES, DIGITAL LOANS, AND LOW AND BEHOLD DIGITAL TRADE AND SHIPPING TECHNOLOGIES!
Thunderhawk: TPP: What it means for the digital economy
There has been a good deal of hype touting the recently concluded Trans-Pacific Partnership (TPP) agreement as the first “21st Century” trade pact. Whether it lives up to this high accolade is currently under debate, both in the United States and among the 11 other TPP member states. But in one area—E-Commerce—there is no doubt that the negotiators did agree to provisions that strongly advance liberalization of Internet trade flows and the enhancement of commerce and investment through the medium of cyberspace.
The E-Commerce chapter consists of the following new rules and mandates (among others):
Cross-Border Data Transfers—Article 14.11 requires TPP governments to allow the cross-border transfer of information, including personal information, for the conduct of business. The only exception to this obligation is in the pursuit of a “legitimate public policy objective.” The exception, however, cannot be undertaken in a manner that constitutes arbitrary or unjustifiable discrimination.
Forced Localization—Article 14.13 no TPP may require a business to locate computing facilities (including servers and storage devices) within its territory, with the same public necessity provision described above. US officials state that this provision is the first in a free trade agreement;
Transfer of Source Code—Article 14.17 prohibits the requirement to transfer software source codes as a condition of doing business or investing in a TPP country. There is an exclusion from this rule for “critical infrastructure” (undefined).
Customs Duties on Internet Traffic—Article 14.3 prohibits the imposition of customs duties on cross electronic transmissions. This prohibition, however, does not preclude TPP countries from imposing internal taxes or fees on content transmitted electronically.
Privacy and Consumer Protection—In addition, other sections of the chapter contain consumer protection requirements, as well as mandates to provide domestic users with full information concerning their privacy rights.
The entire E-Commerce chapter comes under the full scope of the TPP dispute settlement system.
If the TPP is ratified by the TPP members states and comes into force, it will have far-reaching strategic implications for both the world trading system and the future of the Internet. Even before expected expansion to other Asian and non-Asian nations (Korea, Thailand, Indonesia, Colombia, as examples), the TPP already covers one quarter of world trade and about 40 percent of world GDP. As such, future rules for Internet-related trade and investment will be greatly influenced and directed by established TPP rules. This is particularly true in that international rules and norms for the Internet are just in their infancy, and thus the timing of the TPP is crucially important.
Finally, the next few years will see a huge growth in Internet traffic and utilization for key commercial goals. In 2005, there were an estimated one billion Internet users; that number doubled by 2010. It reached three billion in 2014, and is expected to growth to over five billion by 2020. President Obama has warned, correctly, that if the U.S. and its TPP trading partners don’t write the “rules of the road” for the Internet, others (read: China) will. Should the fractured U.S. political situation result in a failed TPP, the country will pay a heavy price, both economically and strategically.
http://thecipherbrief.com/article/asia/ ... al-economy