【95】 Kinghood Explore the international monetary war (Part One)
the first part, global machination
1,
GHD IV Pink Straighteners, global cerebral the initiator - Bertrand Russell Russell
is a noted British philosopher, mathematician, social scientist, but also in the 20th Century's maximum outstanding and influential scholars and social activists. He and western economic surrounds of the
Russell believes that progress in science and technology, resulting in endless threat of person existence - by the time sovereign states are free to develop their scientific research and industrial capacity, all countries can create nuclear weapons. Therefore, Russell believes that in order to maintain a safe world, must be finite to the least developed countries way to industrial technology, science and technology to eliminate and placed under rigid control, eliminate national sovereignty, the establishment of a totalitarian world government.
some ways, Russell thought as the beginning point of some Taoist Lao Tzu - attitude, no high-risk of; although Jiabing, nobody to Chen. Russell to be the opposite, he believes that Of course, if I then to evaluate the Russell and his ilk, is the (International financial chief is the idea of power) by controlling the economic lifeline of other countries, and thus control his country's regime. This is creature complimented Marx's So, how to control his country's economic lifeblood of it? Through financial, so that the disintegration of the world economy beneath control. In array to destroy the industrial development of third world countries, and economies of those countries via the implementation of a fatal blow to open up a path of globalization, and all the country's sovereignty will be eliminated in globalization.
This is the forces of international financial capital to launch an international financial war purposes.
Now we absence to diagram out is, how the forces of international financial capital to launch the international financial war? The cardinal tool they use what is?
the tools they use, there are two: the exchange rate and foam. If the exchange rate stronger than for the head of the naval beset, then the bubble is mixed with the enemy city of spies. Of course, we can not forget the role of the fuel weapon, oil is the blood industry is an important strategic resource, and its role as much as the character of food in the citizen stability, international financial power through the treatment of any fluctuations in oil prices, lunatic bubble manufacturing and plunder his nation's asset. In counting, they also vigorously promote the so-called economic liberalization, of special note, financial liberalization; their Governments were queried a variety of ways to reduce the control of the economy and business, saying that management of the economy depends on to remove the barriers that hinder economic liberalization, so they are more probable to collapse his country's economy.
recent years, with a variety of medium, monasteries, a basic comprehending of all the strong commute rate of weapons of mass dispose. However, the commute rate weapon is an enemy bombard, Easy to conceal the gun, perforate in the back hard against. Is the foam weapons. Said bubble is very hard to prevent stab in the back,
GHD Midnight Gift Set 2011, because the victims are often also the countries of the plot opposition foolish, not only do not muse even harm, anti-thought Lee. This is where the most powerful weapons of the bubble. The retinue detail about the economic bubble.
2, three
economic bubble is a bubble on the surface of asset, the existence and boom, prosperity and the substantial components on the false and impractical. Such as the stock market bubble, the real estate bubble. Popular understanding of the bubble can be thought as a property (or assets, capital) value and price divergence. Such as a stock of its net assets per share is 1 yuan in the stock market are sought after by investors, the price is 10 yuan Scoop, which is the bubble - price and value has deviated from 9 million. Since there is a bubble blowing big time, when the bubble burst there. For example, in January 2007 when the stock price per share of Bear Stearns is 170 dollars, but in March this year, Morgan Stanley, Bear Stearns was the time of procurement price per share is only 10 dollars. From this small example can be seen, often manner that the bubble rose sharply.
, of course, a country's economic bubble will also rose after the crash - which is often referred to the so-called economics the economic wheel, with the bubble blowing, a State economy into the prosperity, when the bubble rupture and the economy fell into a slump. The so-called commerce cycle is not a natural misadventure, but a man-made disasters. Since the economic bubble, stir up excitement when the whole people, that land of gold, when the bubble explode will certainly be some people jumping off buildings, do the roller coaster of sensibility is so exciting. Since the bubble
so much injure, it would be necessary to examine in detail the types of foam:
(1) speculative bubble
speculation is scatter by emerging on the market to buy or sell and profit from the perform. Lottery is speculation, of course, stocks, too. On the speculative bubble, there is a very famous case, that is, the South Sea Bubble Event:
the so-called South China Sea is immediately Latin USA. Occurred in 1711. The British government in order to inflate trade with South America, a company set up - the South Sea Company. South Sea Company was a chartered British trading company, it is a compromise to the South China Sea trade, monopoly. But 8 years after its establishment,
GHD Diamond Flag 2011, in addition to their eyes on South America, the slave trade to make money, nearly did not do something lucrative. In 1718 when the British national debt has reached 31 million pounds abuse. In order to speedily raise funds to repay, the British Government made a decision to the South Sea Company's stock sold to the public.
Thus, the South Sea Company began a fable that we had base gold and silver mine, spices, and very profitable. South Sea Company made up of dreamy profit view, to arouse the British pertinacity with the South Sea Company's stock price soar. According to historical records, from March 1720 to September, in a short period of six months, the South Sea Company's stock price rose from 330 pounds per 1,050 pounds.
When people while the South Sea Company's stock frenzy, the British also had a thing occurred. In early 1720, the South Sea Company shares rose rapidly. However, to further push up stock prices, more funds need to flock to the South Sea Company. However, the British are at the morn of the first industrial revolution, a large number of personal enterprises also need to raise capital, they start secretly carrying government issued stock, resulting in a substantial increase in share afford, this course, the South Sea Company shares rise power would be less, which damaged the interests of the South Sea Company. South Sea Company then used unfit means to bribe the members of Congress, passed a bill - hedge. Following the enactment of this Act, the South China Sea and further pushed the company's stock price, but, in the South China Sea, there are too many incidents of corruption, and soon to wreck the South Sea bubble.
people rushed to buy shares at a time when members of the government sold the stock at the elevation of the stock held. The insider's large sell-off, triggering a frenzied selling shareholders, the South Sea Bubble burst. British finance minister was in the South Sea Company's insider trading to 90 million pounds acquired huge profits, but the scandal brought to light, he was locked up in a Royal Tower of London jail. However, more Bitter than his perception of it is that investors, which also includes the famous scientist Isaac Newton, Newton lost twenty thousand pounds. Later, Newton's sorrowful wrote: I can accurately count the manoeuvre of celestial bodies, but I can not figure out the stock market trends. - It seems faint of idea is not the only mortal.
stocks on the stock market today, who is upholding the value of several investments? I'm scared of not more than one per cent. We are in the The price to take over. When the bubble burst in the results of that fool themselves into.
harm when the stock market bubble burst is well known, the real estate are also many samples of speculative bubbles, where a easy look at the 90s of last century real estate speculation bubble in China's Hainan , the power far from less than the stock market bubble:
in Hainan was built a world log, an average of 80 individuals have a real estate company. However, these companies are basically not working to create a house, but for land speculation in. Land speculation at the time is definitely in full sway, look at a few figures: In 1992, Hainan province real estate investment of 87 billion yuan, accounting for half the total investment in fixed assets, only the mouth of a land area of real estate development reached 800 million square meters , land by the more than ten million in 1991 / to 600 million acres of savage / mu; the same year, Haikou City, a staggering growth rate of 83%, the other peppery cities also reached 73.6% in Sanya, Hainan province 40% of revenue comes from the real estate industry.
the bubble blowing process, the four major commercial banks, led by banks, state-owned enterprises, township enterprises and private enterprises through manifold aisles, overrunning the capital of Hainan, a absolute of no less than billion. Almost all developers are playing sleight of hand tricks. Land speculation developers to make money mattered into their own pockets, the high-priced houses are still painting on the mortgage to the bank, go to the new land speculation. Speculative demand has accounted for more than 70% of the market, a number of houses in the drawings have been down several times to hand ... ... speculation approached a frenzied class, along to Hainan,
GHD Blue Butterfly 2011, the average price of commercial housing at 1350 Yuan / square measure, 1991 is 1400 yuan / sq m in 1992 soared to 5,000 yuan / square meter in 1993 to 7,500 yuan / square meter tip. Within 3 years, an addition of more than 4 times.
1993 年 6 23, the then Vice Premier Zhu Rongji announced out of termination of the real estate company is listed, full control of bank funds into real estate; the next day, the State Council issued
result of this regulation is to Hainan has left extra than 600 buildings were more than 1,600 square meters of funds, only four state-owned advertisement banks as much as 30 billion yuan of wrong debts. From 1999 to 2006, Hainan Province, with a full seven years, was basically achieved with the backlog of real estate. Been to Hainan tourism people know thatHainan has a big curious, beggars living villas, all Bai Hainan real estate bubble has done.
(2) debt bubble:
debt bubble, there are two, one is pure malignant, this debt is being fabricated in itself should not exist, such as the 1979 Government and the implementation of the Volcker Fed under the presidency of the extreme monetarist interest rates rose to 20% in early 1980. The debt of formative countries from May 1973 meeting of the 130 billion U.S. dollars, soared 5 times to 1982, when it is reached 612 billion U.S. dollars.
interest rate is the unilateral power to accommodate the international financial capital, the debt of developing countries, indeed do not want to approve such a high interest rate - if the interest rate at the beginning that transferred to such a high degree They certainly will not take these debts, but they lent money has been paid out, and now debt is not on, bilk not any power, because the beat the United States, who talk out for them not to talk about these developing countries child to become a lamb to be slaughtered.
In fact, the time when amuse rates soaring Carlsson (whether I remember correctly, he is the 1982 recipient of the Nobel Prize for Economics Alvis de Gilson) used to joke namely mighty fashionable weapons, which annihilate folk yet leave buildings standing, it is cried the 17% amuse rate. From Carlsson's this
According to age English law, any quantity of interest charged is a offense; this high enough to The outbreak of debt is naturally not supposed to exist, the reality is far less debt, and this is the bubble - are serious, vicious debt bubble!
these colossal debt bubble directly led to the Latin American debt crisis, Mexico's President Portillo began to take the lead resistance. Early August 1982, Lopez President announced the However, other debt of the Latin American countries are too sheepish, and no one challenged to follow up. After Portillo forces have been busy in the international financial capital under the stage. Still later, the Mexican peso against the U.S. dollar in early 1982 devaluation of 12 to 1 to 2,300 to 1 in 1989, Mexico's economy was controlled disintegrated. Along with the disintegration of Mexico, there are a large number of Latin American countries.
many third world countries is no mistrust that the tragic tragedy, as the leader of the third world countries, China has not bring an end to ... for righteousness, seeking only to reserving a cheap silhouette. China get in return what is it? That the United States in 1989, when United Nations sanctions against China that few countries out in patronize of China - in addition to Pakistan and Cuba. China is not the key to the penniless brethren, when a hand, when the nature of Chinese in trouble and no one nosy.
and the nature of consumer credit
future overdraft, overdrafts hereafter income, future consumer claim overdraft, overdrafts future happiness.
feasible in many people's eyes, consumer credit is a very agreeable entity, with consumer credit, you can buy a car in advance, you can buy in advance ... ... life will become very agreeable .
national of decisive callings is sparing no effort to enhance consumer credit: economy evolution, said consumer credit to a certain phase (from a seller to a buyer's mall) of the normal product, its arrival aboard the West country's economy evolution since the In China, notwithstanding We should likewise reform and consumer systems, and promote the development of consumer credit, because the growth of consumer credit is an major coerce for economic reliability. Compared to amplified countries, China's consumer credit is still in the initial stage, either the consumer and credit scale kind, are magnificent latent - in France, 1 / 2 of households have debt, 1 / 4 of households depend ashore loans to purchase a house; In the U.S., every annual 60 million households with credit card costing. We are not even near. Great fancy, the sound development of the citizen economic, people have affordable!
really true? Truth is always hideous.
alternatively along emulating the fact of the real possession bubble in China see at user credit to the people to send entire know, the real estate spume is used to describe prices far upon their real merit of this fact. Today, China's real estate bubble are quite solemn, with the income of the percentage of house amounts is highest in the globe. However, we know thatChina's real estate bubble is the manner? How China's housing prices work up?
Some may cite many reasons: people will be less, scanty housing, real estate speculation, the regional government-run metropolis, and so, in fact, these are secondary factors, the most important factor is consumer credit. If you are not allowed to buy a house loans, house prices will not mushroom this far, especially in the price of an U.S. metropolis to arrest the Premier League. Many people may not deem it. In fact, if the mortgage bank is not allowed, all money to buy a house, even in Beijing, housing prices can not be surpassed 8,000 yuan / sq. Although Beijing's housing prices are tall, but only 2 into a down payment, the remaining money on a monthly foundation also, so who absence to buy a house down payment from the disburse, every month income behind paying their mortgage can survive they will buy a house. Therefore, Beijing's housing prices can go as 16,000 yuan / square, not because customers who can disburse the starting of payment? If you must buy the whole paragraph, they can supply to buy 16,
GHD Hair,000 yuan / square house? Most people can dig come to buy a house buy a house, not how much more than the down payment.
The cause why real estate real estate (real estate speculators, if domestic or hot money), because housing prices have chamber to rise if housing prices do not shake up, they will fry it? Local government-run cities (ie knock to make money) is even more limited, and if the price closed the altitude, definitely not when the developers took to indiscriminate price, because that will shove up housing prices reduce profits. So, if really want to suppress prices, at all times the presentation of a central policy - no less than the down payment to buy the first suite 六成, all large and middle cities in China housing prices will avalanche. The prices of other interventions can be removed.
lesson,
GHD Rare Straighteners, if granted to buy a house down a down payout into the lend period amplified to 40 years, house prices ambition skyrocketing. Therefore, the number of consumer credit so that many people imagine of a circular if the housing is simply a package of lies! Before in the want of consumer credit, the people do not still have a area to live? Also not be in debt? In fact, last year the central bank published a second suite down payment no less than 4 percentage of the impact of policies on the housing market had yet maxed out the rendition of this point. Therefore, the central action of this plan shall be very detailed. Of lesson, based on stable economic development and consideration of the steady adjustment of economic architecture, it is impossible in the short term compared to say the down payment soon. China, the already feeble health of the economy also can not stand a big clash, but that killing innocent people will be too much - there will be a large number of high-priced loans to buy a house because prices fall transform a However, we do not have to worry approximately China's economy kidnapped by real estate developers - the proportion of premier home down payment of 5 points five points can be raised slowly, and tin both reduce the impact of price stability. Of course, the real estate bubble is not equitable the credit bubble, there is also an unit of speculative bubbles.