Kreslik.com - traders community since 2006

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

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.

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

I think I am becoming ...

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?

es/pip wrote:This country is in the crapper

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


Cheers

Francisco