U.N. found the origin of the crisis: YOU

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frang0nve
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U.N. found the origin of the crisis: YOU

Postby frang0nve » Tue Sep 08, 2009 5:34 pm

Juicy extracts:

"More effective regulation and supervision of financial market activity is indispensable to prevent a repeat of the current global financial and economic crisis, a major UNCTAD report contends. But equally important is a reform of the international monetary and financial system aimed at reducing the scope for gains from currency speculation, and at avoiding large trade imbalances. The Trade and Development Report 2009 (1) (TDR) presents an innovative approach to such reform, emphasizing stability of real exchange rates."

...

"Policymakers should have been wary of an industry that constantly aims at generating double-digit returns in an economy that is growing at a much slower rate"

...

You can read the press release here:
http://www.unctad.org/Templates/webflyer.asp?docid=11875&intItemID=1397&lang=1
and the full report here:
http://www.unctad.org/en/docs/tdr2009_en.pdf

Cheers

Francisco
Last edited by frang0nve on Wed Sep 09, 2009 2:10 am, edited 2 times in total.

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forexbob
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Postby forexbob » Tue Sep 08, 2009 6:52 pm

yeah, we are the oranges ....always guilty and have to pay the bill.

as in the children book i read to my daughter,
which starts with a beetle who lands on an orange,
the orange is falling from the tree and a domino
effect of things happen throughout the village and
everyone is pointing back to end finally at the orange
who can't speak and the sultan decides that the orange
to be squeezed and become juice.
The highest Forex rebates: http://www.cashbackforex.info

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Patch
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Postby Patch » Wed Sep 09, 2009 12:48 am

"MORE FREEDOM NECESSARILY MEANS LESS GOVERNMENT."
W.Williams, Jr.

I think I am becoming ...
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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es/pip
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Postby es/pip » Wed Sep 09, 2009 1:41 am

This country is in the crapper

the people making all of these decisions are idiots

Where's Ron Paul, someone find him and put him in office quickly.

Not sure of everyone's religious beliefs( and i am in no way going to start preaching or want to start a religious discussion), but this goes right along with what the bible says about 1 World Nation, 1 World Leader ruling the world---etc etc etc etc-------- not a good thing to say the least.


My question is----- since banks rule the world and they make so much money on forex, why would they let a 1 world currency happen?
Bend over and assume the position for another 4 years of hope and change.

frang0nve
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Postby frang0nve » Wed Sep 09, 2009 12:44 pm

es/pip wrote:This country is in the crapper



One country is not enough... U.N. target is the whole world.


Cheers

Francisco

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