Scapegoating’ China: Is US Fed to blame for market crisis or

[Sir X]

Scapegoating’ China: Is US Fed to blame for market crisis or is Beijing ‘exporting pain’?
Published time: 26 Aug, 2015 02:24
Edited time: 26 Aug, 2015 13:27
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A view shows the Federal Reserve building © Larry Downing
A view shows the Federal Reserve building © Larry Downing / Reuters
As stock markets continue their slide into negative territory, economists debate whether the problems lie in monetary mismanagement by the US Federal Reserve or with China’s domestic concerns “exporting pain” to others via its yuan devaluation.

http://www.rt.com/usa/313423-federal...stock-markets/

[Sir X]

Rothschild’s IMF May Be Erased

AUGUST 31, 2015 AFP NO COMMENTS

• BRICS create “New Silken World Order” to bypass West’s monetary stranglehold.

By Ronald L. Ray —

In July, world-changing events occurred, portending the approaching end of Zionist-Anglo-American financial and geopolitical hegemony, but they were ignored deliberately by most Western media. On July 8-9, the seventh summit of the BRICS nations (Brazil, Russia, India, China, South Africa) took place in Ufa, Russia. There, the long-heralded New Development Bank (NDB) was brought finally into existence. However, it was not until July 21, following the official opening in Shanghai, that a few media outlets could force themselves to report half-heartedly about it.

- See more at: http://americanfreepress.net/?p=2787....CoOOZLty.dpuf

[Sir X]

Economists blame 'global savings glut' for destabilized markets
Seven years after the global financial crisis, big players are reluctant to invest, hampering economic growth
August 26, 2015 12:46PM ET
by Ned Resnikoff @resnikoff
Wall Street’s downward slide appeared to have slowed on Wednesday after three days of short-lived highs and precipitous lows. But a tentative end to the market’s volatility has not soothed the anxiety of many economists, who believe that the global financial system has yet to find stable footing after the 2008 economic crisis due to an excess of savings and dearth of investments.

http://america.aljazeera.com/article...d-markets.html

[Sir X]

Foreclosures in Suffolk County Long Island has increased,The Banks/Wall Street got bailed out but trust me this recovery has another 3 to 4 years to go.

[Don1]

Foreclosures in Suffolk County Long Island has increased,The Banks/Wall Street got bailed out but trust me this recovery has another 3 to 4 years to go.

Before that occurs there is the distinct possibility of another financial collapse... we know not the place nor the hour

This consumerist, oligarchic & nepotistic phase of capitalism is clearly in crisis. Combine dat wid di unstable geo-political order shifting EAST...Dat mean nuff ruff waters ahead.
And it's we Black people, the weaklings of the world, who will feel the negative impact most...memba mi tole unnu dat

Buckle up...and duss off yuh Plan B