Global economic situation for liveaboard cruising yachties

If this isn't a capital offence, it should be. It is treason and if the judges don't see it that way, they are guilty of treason, as well. This is the problem - lying, cheating, stealing people in power.
http://www.gouverneurtimes.com/index...ews&Itemid=175

[masalai]

He sold out as soon as he got in OWNED by the FED / Goldman Sachs consortium... Politicians always lie, that is what the word "politician" means... Sadly something drastic needs to be done by the citizens...
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A local rag, called "The Daily Reckoning" often has interesting stuff in their emails (free subscription) paid for by spam... a copy and paste as they do not seem to mirror it on their website... --------------------------------------------------------------
"""--Now there's a real decoupling. Friday's unemployment figures came out in America. They showed that 8.2 million Americans have lost their job since the GFC began in 2007. The official unemployment rate (the one that under-measures actual unemployment) is at 10.2% and growing. The Aussie employment report comes out on Thursday.
--Stocks rallied on this news."""
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- - - WTF? is that the good news to justify a market rally
"""--Unemployment is headed up. The U6 figure - a more accurate picture of how many people are out of work - is up to 17%. There are 1.5 million homeless children in the US now, including 300,000 in the state of California alone. One out of 10 Americans will not bite the hand of government - for it is the hand that gives him his food stamps.
--Foreign direct investment has dropped 30%. International trade is down 10%.
--Do you call this a recovery? We don't.
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--In other words, it's 'growth' that only an economist could love...and then, only an economist who was an idiot. Rosenberg:
--"Put simply, a Wall Street Journal/NBC News poll just found that 58% of the public believe the economic recession still has a ways to go - and that is up from 52% in September and means that the private investor, unlike the hedge fund manager, is not interested in adding risk to the portfolio even after a 60% surge in the equity market.
--"Only 29% of those polled believe the economy has hit bottom - imagine having that psychology with nearly zero interest rates, a bloated Fed balance sheet and unprecedented fiscal deficits (poll was taken from October 23-25). Nearly two in three (64%) said the rally in the stock market (still a bear market rally - not the onset of a new bull market) has not swayed their view (or ours for that matter). There is going to be some very tough slogging ahead as far as the economy is concerned."
--Growth is largely illusional. It is the result of delusional policy- making at the Fed.
--So, we'll just keep our Crash Alert flag flying.As gold becomes accepted as a true store of value, we can expect more and more people to want to own it.
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--Governments are running breathtaking deficits...and accumulating alarming debts. Japan has a national debt of nearly 200% of its GDP. Where did that debt come from? It came from 20 years of trying to buy its way out of a slump with borrowed money. Of course, it didn't work. But now, Britain and America are following the Japanese lead...and the Japanese are still at it! At the present rate, Japan's government debt will grow to 300% of GDP in 10 years. America's debt could grow to 100%...and then 200% of GDP...over the next decade (depending on whose projections you believe). And Britain, if we read the report in The Financial Times correctly, will have debt equal to 200% of GDP within 3 years.
--Just what kind of crisis do these numbers portend? It's hard to say. Probably a combination of confidence, followed by debt default and inflation.
--Would the US actually default? We agree with Paul Samuelson; the answer is 'maybe.' Samuelson, writing in The Washington Post:
--"The idea that the government of a major advanced country would default on its debt - that is, tell lenders that it won't repay them all they're owed - was, until recently, a preposterous proposition. Argentina and Russia have stiffed their creditors, but surely the likes of the United States, Japan or Britain wouldn't. Well, it's still a very, very long shot, but it's no longer entirely unimaginable. Governments of rich countries are borrowing so much that it's conceivable that one day the twin assumptions underlying their burgeoning debt (that lenders will continue to lend and that governments will continue to pay) might collapse. What happens then?
--"...People have predicted such a crisis for decades. It hasn't happened yet. The currency's decline has been orderly, because the dollar retains a bedrock confidence based on America's political stability, openness, wealth and low inflation. But something could shatter that confidence - tomorrow or 10 years from tomorrow."""
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JUST FOR MARK775 - - - - this email arrived and I almost deleted it as being spam/jusk.... IS this the occasion to get really fuckin angry...

WOW, HAS THE WOLF HAS TAKEN OFF HIS SHEEP’S MASK… - or is this a contrivance as lip synk seems not to be there
Obama declares openly he is a Muslim - - - : Wed, 4 Nov 2009 09:07:31 -0800
http://www.youtube.com/watch_popup?v=tCAffMSWSzY#t=28

[Frosty]

He can speak Arabic apparantly. This is probably true as I live in a muslin country and learning in Arabic is normal.

Now before we screw the silencers on the barrel, this could bridge the huge gap that is costing us billions in airport security and high control of international banking procedure. But hey thats me forever the optomist.

[masalai]

paranoia is a wonderful thing for politicians, it creates a diversion from their own stuff-ups and also a distraction and reasoning behind any un-necessary war or some such stupidity...

[Frosty]

For all we know Obama could be bin ladin with a face lift, hey he's the right height.
Never did find the bastard.

Wheres my mate Boston this morning? I hope I hav'nt sickened him.

[Boston]

Just in from the clubs
whats up

Ill PM you concerning my evenings festivities

[masalai]

Bugger the FED & Goldman Sucks manipulating exchange rates again whilst the gold price in US$ is climbing up the ladder too fast to catch http://www.kitco.com/gold_currency/charts.htm?AUD I cannot blame the "carry trade" at this time of the day 21:21 here on Monday nite and NY @ 06:21 Monday early in the morning... so it has gotta be the consortium...

http://www.gata.org/node/8004 "Grandich challenges Nadler to debate on gold" - - - latest here http://grandich.agoracom.com/ - - could be an interesting bit of TV for a change...
http://www.gata.org/node/8005 "Pressure grows in Germany to devalue euro" - - Oh Oooo more interesting times ahead - - did someone yell, 'duck'?

[masalai]

The foreign exchange "fixing by the USFED and Goldman Sucks must be costing the USA dearly.... Reverse gear is leaving big skidmarks and wasting rubber, and all it is doing this for is to try to leave a longer skidmark when thrown into FWD... Blithering idiots - Take your medicine now or double the dose necessary with every day that passes...

[hoytedow]

I wasn't remarking so much about the door itself, but the caution tape. Of course the stain doesn't match.

[Frosty]

Most countries enjoy a lower currency occasionally, it helps exports. But if you have nothing to export!!! but just buy oil then I suppose!!!!

[Tcubed]

Special for Mas,



Enjoy!

[masalai]

Jeees what a waste, I will buy it - - She must be a blond - what a dumb lot of idiots... No wonder the economy and the country is so ****** up.... frickin cretins...

http://www.gata.org/node/8006 "Investment firm chief backs GATA on Bloomberg Asia TV"

http://www.caseyresearch.com/displayCdd.php?id=271 "Obama’s Reign of Error" You have a errorist as a leader... WTF what else can be said for a bunch of losers? I am still really pissed that it was not offered to me (The 1oz Gold coin that is......)

I have been busy fixing a blue screen problem for our local church pastor.... so have not had time or inclination to do my reading.... and did not even go to see the crew - They were probably grateful and able to work through the day without interruption... And tomorrow I will be busy selling a marketing program for solar energy... (A heavy discount to have it installed on the new home (at least 5KW)

One for Bos...

[masalai]

Would she look good in leather, chains & rubber and carrying instruments of "torture" in an S&M website

http://www.gata.org/node/8008 "Nadler refuses Grandich's challenge to debate" -CHICKEN-
http://www.gata.org/node/8007 "Now Russia also wants its currency down" Now the rot sets in with everyone "devaluing to remain competitive" frickin fun times ahead...
http://www.caseyresearch.com/displayGsd.php "Gold Is The Talk of Planet Earth Right Now" and carry trade negated any of the gains here - seems everyone in USA is trying to park their US$ derived investment portfolios in Au$ shares and stuff - may be on a par soon as the US$ seems to be determined to fall faster and faster... - - - - - - Don't forget the links and cartoon at the end of the essay - all good stuff...

http://www.theaureport.com/pub/na/3261
http://www.theaureport.com/pub/na/3270
http://www.theaureport.com/pub/na/3255

[Boston]

you have no idea how accurate that cartoon is Mark