ronscarpa Posted November 4, 2010 Report Share Posted November 4, 2010 Crucial 33 Hours for the Global Economy November 3, 2010.......................Forex > Crucial 33 Hours for the Global Economy When the global financial crisis broke out, it shocked and horrified the world’s economies but the central banks responded with an unprecedented coordinated reduce of interest rates in an effort to limit the consequences. This week is expected to present something similar but this time to ensure the continuity of the recovery, while in the background lays the control of currency exchange rates and the simultaneous strengthening of exports. The global economy may experience too many changes at the level of monetary policy with impact on all areas, from trade and interest rates to currency markets and stock exchange markets. The crucial decision will be made from Wednesday to Friday as the Federal Reserve in United Stated already started its meeting while on Friday the Bank of Japan will announce its decisions. Meanwhile, the decisions of the ECB (European Central Bank) and of BOE (Bank of England) are imminent. In the “33 hours marathon”, from Wednesday’s evening with the announcement of Fed’s decision, until Friday morning that the BOJ unveils its own decision, the world’s largest economies officers are participating in a race in order to enhance economy and to safeguard the global recovery. The central bank of Australia surprised everyone however, as they decided to increase interest rates, after amid concerns that strong growth will cause accelerated inflation, leading the currency rate against the dollar to 1:1. Also, for the sixth time since the beginning of the year, the central bank of India increased the interest rates in an effort to slowdown and control inflation. The chairman of the Fed, Ben Bernanke will try to boost the U.S. economy, which could further weaken the forex trading prices of the dollar, forcing more than one central bank to proceed with a series of similar measures to counteract the effects on the foreign exchange market. Bernanke – as everything shows so far – will go on an unprecedented second round of unconventional monetary easing – according to analysts – by announcing a program of long-term securities purchase worth of 500 billion dollars, resulting in a further weakening of the dollar in order to strengthen the U.S. exports. As a consequence, other currencies will be strengthened against the dollar, threatening the European and Japanese growth. As all the major central banks will announce their decisions within 33 hours, the Fed’s measures could force the governor of the Bank of Japan to proceed to additional measures for the economy and the Governor of the Bank of England to allow additional support measures. Even the ECB President, Jean-Claude Trichet, who is battling inflation, might finally change course if the Euro will strengthened significantly. At the same time emerging markets are also taking steps to control the rise of their currencies. “Any easing of U.S. monetary policy creates pressure on the world to react”, says Dominic Wilson, an economist at Goldman Sachs in New York. “The consequent weakening of the dollar tends to tighten financial conditions outside the U.S”. “There is no magic formula at this time and central bankers have very limited options regarding reducing the interest rates”, states Mr. John Silvia, economist at Wells Fargo Securities LLC. He predicts that the purchases of Treasury bonds and mortgage-secured bonds will reach 500 billion dollars over the next six months. The meetings this week are the largest “collection of action” of major central banks since the first week of October 2008, when a meeting was held in order to address the global financial crisis. In that case, all – except Japan – participated in an unprecedented coordinated interest rate reduction. On Wednesday, the Fed will announce its decision. Nearly 18 hours later, the British central bank will publish its own decision. The ECB will follow 45 minutes after, while the Bank of Japan will announce its decisions on Friday morning. http://www.markets247.com/crucial-33-hours-for-the-global-economy-128 4 Link to comment Share on other sites More sharing options...
G Zam Posted November 4, 2010 Report Share Posted November 4, 2010 Great article. Thanks for posting it Link to comment Share on other sites More sharing options...
Jac Posted November 4, 2010 Report Share Posted November 4, 2010 Thank you, Ron. Wonderful post! May God Bless You and keep you! God Bless America! Link to comment Share on other sites More sharing options...
Dell Posted November 4, 2010 Report Share Posted November 4, 2010 Thank's Ron, great info... truly historic times! God Bless America!! God Bless all who have suffered and are still suffering through these trying times around the world! Link to comment Share on other sites More sharing options...
johnfagan Posted November 4, 2010 Report Share Posted November 4, 2010 Yes these times are historic..at least in the sense that this is the longest standing stalemate on forming a government in world history!!!!!! Hahaha! 1 Link to comment Share on other sites More sharing options...
Bobbydee Posted November 4, 2010 Report Share Posted November 4, 2010 Blessings my brother. Thank you for the article. God Bless Semper Fi Link to comment Share on other sites More sharing options...
kittycat Posted November 4, 2010 Report Share Posted November 4, 2010 Thanks for the post - I think the world economy is at a MOST critical time. God help us all! Link to comment Share on other sites More sharing options...
bales130 Posted November 4, 2010 Report Share Posted November 4, 2010 bought another ak47 and more 7.62X39 ammo today, getting ready 3 1 Link to comment Share on other sites More sharing options...
retminded Posted November 4, 2010 Report Share Posted November 4, 2010 Thanks for the post Ron, always appreciated my friend!! Have a blessed evening.. ret Link to comment Share on other sites More sharing options...
cgbrown Posted November 4, 2010 Report Share Posted November 4, 2010 Thanks for the post.......... Rv's coming. Link to comment Share on other sites More sharing options...
icutiewatcher Posted November 4, 2010 Report Share Posted November 4, 2010 I find the way they tell stories and how they timeline news releases to be pretty interesting... If the IQD were to RV in the next few days, they could simply write an article like this, incorporating how the CBI fits in with global economic factors, and likely simplify how this revalue is just part of a global solution when mixed in with the decisions and rulings of other countries, rather than make it this amazing life event as we see it more personally through our investment and time and energy in following this. I've wondered how they will be reporting the news once we have the RV, and this article is just one example of how they could report it like it is just part of the process, so as to avoid the significance of what really has taken place through secrecy and in my opinion, much conspiracy to get to this particular RV. Similar to the article about the WTO and Iraq... It almost sounded like it was just part of the way things go...no biggie. When in reality, it is really significant. Great article! Thank you for posting! 7 Link to comment Share on other sites More sharing options...
know_moral_eyes Posted November 4, 2010 Report Share Posted November 4, 2010 I find the way they tell stories and how they timeline news releases to be pretty interesting... If the IQD were to RV in the next few days, they could simply write an article like this, incorporating how the CBI fits in with global economic factors, and likely simplify how this revalue is just part of a global solution when mixed in with the decisions and rulings of other countries, rather than make it this amazing life event as we see it more personally through our investment and time and energy in following this. I've wondered how they will be reporting the news once we have the RV, and this article is just one example of how they could report it like it is just part of the process, so as to avoid the significance of what really has taken place through secrecy and in my opinion, much conspiracy to get to this particular RV. Similar to the article about the WTO and Iraq... It almost sounded like it was just part of the way things go...no biggie. When in reality, it is really significant. Great article! Thank you for posting! I catch what you're saying, and it's a great observation. I agree that they would want to hide such a crescendo event among the world news, and wish it to go over with as little confrontation as possible. Quite a head on your shoulders, Know Moral Eyes 1 Link to comment Share on other sites More sharing options...
livingproof Posted November 4, 2010 Report Share Posted November 4, 2010 Thanks for sharing, I like what I'm hearing reading! And, Excellent way to put it all together in a nice neat package icutiewatcher! Link to comment Share on other sites More sharing options...
Wassaap Posted November 4, 2010 Report Share Posted November 4, 2010 bought another ak47 and more 7.62X39 ammo today, getting ready And...what was it you are getting ready for, now? Link to comment Share on other sites More sharing options...
Scrappydoo Posted November 4, 2010 Report Share Posted November 4, 2010 33 hours = 33 masonic levels = illuminati = IMF = Globalist Agenda = One World Government = New World Order Just sayin! 1 Link to comment Share on other sites More sharing options...
lechesuerte Posted November 4, 2010 Report Share Posted November 4, 2010 33 hours = 33 masonic levels = illuminati = IMF = Globalist Agenda = One World Government = New World Order Just sayin! And you have 33 posts at this time.....aaahhhhhhh!!!!! GO RV in 2010!!! Link to comment Share on other sites More sharing options...
laurafromflorida Posted November 4, 2010 Report Share Posted November 4, 2010 And you have 33 posts at this time.....aaahhhhhhh!!!!! GO RV in 2010!!! Now that is a cool coincidence! Link to comment Share on other sites More sharing options...
Scrappydoo Posted November 4, 2010 Report Share Posted November 4, 2010 And you have 33 posts at this time.....aaahhhhhhh!!!!! GO RV in 2010!!! WOW! See what I'm sayin! The evil forces are coming together. I didn't know that was my 33rd post, scary! In all seriousness though, I believe we are in the end times as I have said before. I think this One World system will come to pass, but many of us see this money that is coming as a tool to be prepared for the end-times, through ministry to others in need and for preparation of hard times that will come. We just need to be wise about what this event is. 3 Link to comment Share on other sites More sharing options...
Traconesu02 Posted November 4, 2010 Report Share Posted November 4, 2010 Thanks for the post ronscarpa Link to comment Share on other sites More sharing options...
BtrFuture4All Posted November 4, 2010 Report Share Posted November 4, 2010 I find the way they tell stories and how they timeline news releases to be pretty interesting... If the IQD were to RV in the next few days, they could simply write an article like this, incorporating how the CBI fits in with global economic factors, and likely simplify how this revalue is just part of a global solution when mixed in with the decisions and rulings of other countries, rather than make it this amazing life event as we see it more personally through our investment and time and energy in following this. I've wondered how they will be reporting the news once we have the RV, and this article is just one example of how they could report it like it is just part of the process, so as to avoid the significance of what really has taken place through secrecy and in my opinion, much conspiracy to get to this particular RV. Similar to the article about the WTO and Iraq... It almost sounded like it was just part of the way things go...no biggie. When in reality, it is really significant. Great article! Thank you for posting! I like your way of thinking. Link to comment Share on other sites More sharing options...
BtrFuture4All Posted November 4, 2010 Report Share Posted November 4, 2010 Scrappydoo, on 04 November 2010 - 08:29 AM, said:33 hours = 33 masonic levels = illuminati = IMF = Globalist Agenda = One World Government = New World Order Just sayin! lechesuerte, on 04 November 2010 - 08:42 AM, said:And you have 33 posts at this time.....aaahhhhhhh!!!!! GO RV in 2010!!!! WOW! See what I'm sayin! The evil forces are coming together. I didn't know that was my 33rd post, scary! In all seriousness though, I believe we are in the end times as I have said before. I think this One World system will come to pass, but many of us see this money that is coming as a tool to be prepared for the end-times, through ministry to others in need and for preparation of hard times that will come. We just need to be wise about what this event is. Interesting coincidences for sure. I too believe that the One World system will come to pass. It has been in the works now for quite some time. I know a lot of people don't care for Pres O, but I really believe he was 'groomed' to play a role in helping to make this happen. Think about it... almost an unknown that rises that fast. Charismatic personality with multi-racial heritage. Will be interesting to see how he will pull all this together in a lame duck session. I hope we can all discern the best way to put our blessings of riches to the best use in the times to come. 2 Link to comment Share on other sites More sharing options...
xdmed Posted November 4, 2010 Report Share Posted November 4, 2010 if the fed thinks they are gonna cause a positive response in the world market by doing these things to weaken our dollar they are kidding themselves or sabotaging our sovereignty. russia and china can cripple us while we sleep in the world markets which is the reason we printed money and borrowed from them after an overnight market run a couple of years ago. if it happens again do you think anyone is going to loan us the money to stay afloat for a second time Link to comment Share on other sites More sharing options...
jlopus Posted November 4, 2010 Report Share Posted November 4, 2010 33 hours = 33 masonic levels = illuminati = IMF = Globalist Agenda = One World Government = New World Order Just sayin! Deep...... But I thought the answer to the universe was 42, not 33...... Link to comment Share on other sites More sharing options...
MovieMaker Posted November 4, 2010 Report Share Posted November 4, 2010 Thanks for the post RON I think you are right ICUTIEWATCHER makes sense to me. Link to comment Share on other sites More sharing options...
waterman13 Posted November 4, 2010 Report Share Posted November 4, 2010 Interesting coincidences for sure. I too believe that the One World system will come to pass. It has been in the works now for quite some time. I know a lot of people don't care for Pres O, but I really believe he was 'groomed' to play a role in helping to make this happen. Think about it... almost an unknown that rises that fast. Charismatic personality with multi-racial heritage. Will be interesting to see how he will pull all this together in a lame duck session. I hope we can all discern the best way to put our blessings of riches to the best use in the times to come. I agree folks, Go RV @ $3.33 Link to comment Share on other sites More sharing options...
Recommended Posts