Thursday, December 2, 2010

This Week's Preview of Economist Covers

It should be noted that Lynn Forester de Rothschild sits on the board of the Economist Group, and the Rothschild family owns a stake in the magazine. Thus, it should be no surprise that the magazine sees the breakup of the EU, a global bankster operation, as a suicide.


  1. I love the Euro cover. But the headline? "Don't do it?" Please. It should read, "Do it now!"

    The China cover is cute as well. That cover implies possibility of Chinese foreign military engagements. Personally, I doubt Chinese empire would be any worse than US empire. Meaning, they are both equally bad. I say this not to downplay any problems within China or imply they're victims of a PR attack. It's not like the Chinese government is run by angels.

  2. An honest title would be to follow Iceland's lead if you are sane. Give the haircut to the bond holders and let the banks fail.

  3. Europe's debt woes are not a top concern for most investors but should be as Cliff Risk emerged in the European Financials, EUFN, on November 5, 2010 as sovereign and corporate interest rates rose and as currency traders sold the Euro and other currencies.

    It was on this date that the world pivoted from the age of prosperity and into the age of deleveraging, as is seen in the MSN Finance six month chart of world government bonds, BWX, the 30 Year US Government bonds EDV, and the 10 to 20 Year US Government Bonds, TLT.

    This week, European Financial Institutions, EUFN, were restored to life by ECB announcement of ongoing purchases of debt. World government bonds, BWX, and international corporate bonds, PICB, rose, which contrasts with US Treasures, EDV, and TLT, as well as US based corporate bonds, LQD and BLV, which fell lower.

    The European Financial Institutions, EUFN, in particular these eight: Deutsche Bank DB of Germany ….. Banco Santander, STD, Spain ….. ING Groep NV, ING, Netherlands .…. Credit Suisse, CS, Switzerland, ….. Royal Bank of Scotland, RBS, Scotland ….. HSBC, HBC, United Kingdom ….. Barclays, BCS, The UK …... UBS, Switzerland ….. have gone beyond the tipping point and are at cliff risk ….. as the liabilities of the bank-sovereign debt symbiosis grow stronger.

    Soon the European Financial Institutions will be going over the cliff, as the sovereign crisis deepens and bond vigilantes call interest rates higher, the market insiders short sell the banks, and as currency traders sell the Euro, FXE.

    Out of Götterdämmerung, that is a investment flameout, a Sovereign, that is a European Chancellor, a leader like Herman van Rompuy, and a Seignior, a top dog banker, like Olli Rehn or Jean Claude Trichet, will emerge from Europe’s Core, to provide fiscal sovereignty and both credit and fiscal seigniorage through a common EU Treasury and implement strong economic governance like the world has never known or even thought possible.

    The investment application is to purchase and take physical possession of gold and silver bullion.