Asia, Europe reach consensus on financial crisis

exactly what they want to happen...now the IMF is going to get involved...probably not by choice...neo-cons are putting the plan in action

Great... now whats next..some form of a world-wide currency, maybe?

“We economic hit men really have been the one’s responsible for creating this first truly global empire and we work many different ways. But perhaps the most common is that we will identify a country that has resources our corporations covet, like oil, and then arrange a huge loan to that country from the World Bank or one of it’s sister organizations. But the money never actually goes to the country, instead it goes to our big corporations to build infrastructure projects in that country. Power plants, industrial parks, ports… things that benefit a few rich people in that country in addition to our corporations. But really don’t help a majority of the people at all. However, those people, the whole country is left holding a huge debt.

It’s such a big debt they can’t repay it, and that’s part of the plan, that they can’t repay it. And so at some point we economic hit men go back to them and say ‘Listen, you owe us a lot of money. You can’t pay your debts, so sell your oil real cheap to our oil companies, allow us to build a military base in your country, or send troops in support of ours to someplace in the world like Iraq, or vote with us on the next U.N. vote, to have their electric utility company privatized and their water and sewage system privatized and sold to US corporations or other multinational corporations.’

So there was a whole mushrooming thing, and it’s so typical of the way the IMF and the World Bank work. They put a country in debt, and it’s such a big debt it can’t pay it, and then you offer to refinance the debt and pay even more interest. And you demand this quid pro quo which you call ‘conditionality’ or ‘good governance’ which means basically that they’ve gotta sell off their resources, including many of their social services, their utility companies, their school systems sometimes, their penal systems, their insurance systems, to foreign corporations.

So it’s a double, triple, quadruple whammie! “

The US econoic strength was built on the backs of the working class trusting that the steady growth of wealth within the economy would ultimately be accessable through a free market system.  The growth of the Chinese economy is based on the gradual decimation of the traditional strong economies of the world, taking wealth from the US and driving up comodity prices at times and that damaged trading "partners."  We capitulate with our greed.

China is cheating and disrupting the economic balance of the world.  Now they are allowed to add their vioce to the decision making process and the EU Commission will act in concert.

I am amazed and a bit amused by your conspiracy theory tendencies. Could it be that it's just the case that the US "leadership" is just worthless and the rest of the world will try and fix their problems themselves this time in stead of sucking up to the usual US dictates?

The international financial system is little more than an enormous ponzi scheme, which has been designed to collapse, so that the New World Order nutjobs can rebuild it in their image.

Ultimately, this will not work.  But the damage that will be done in the effort to make it work will be devestating.

I think that the international community, most of the citizens of which believe intensely in national sovereignty, should use Ireland's refusal to be bullied into ratifying the Lisbon Treaty as a crack in the NWO dam. Despite what le chien Sarkozy says, the nations of Europe are not, and will never allow themselves to become, federalised "states"  of a United States of Europe.

We will not accept a situation in which it is illegal for European motorists to put their own nation's flags on their license plates, when it is legal to put the EU's stars on them.

If you live in Europe, stick your nation's flag on our license plate right now.

We should not be allowed to be tried and convicted in absentia without our knowledge in a foreign country and then extradited to that country and imprisoned without any domestic judicial review.

This is the definition of tyranny.

People of Poland and the Czech Republic, it's your turn to force your government to stop its slow backsliding from its original and justifiable resistance to this gathering EU fascist state.

Protest. Support Ireland and the half a billion other involuntary "members" of the so-called "European Union," which, in fact, is little more than a tryannical and unelected bureaucracy controlled by a megalomaniac elite via use of 3,000 "working groups" that make laws.

This is NOT a democratic system of government. How do you democratically change a government system that is based on the machinations of 3,000 unelected working groups? Who do you vote out of office to make a change? You can never change it.

Oh right, Europeans don't get to vote on anything in the EU. (MEPs are on the bottom rung of the decision-making ladder and are essentially democratic window dressing. See the online movie: "End of Nations.")

Let's send these over-monied Rothschild, Rockefeller, Bush, United Nations trogolodytes back to their dark caves and ignorance.

 we reqvire new global economic organisation to deal with  capital, forex and commodity markets  and monitor on daily basis with effective controls in a intricate network 24 hour live markets functioning  world. 21 st century reqvires intelligent lightning decision making  super computer type system  at global level.

As of now, the world financial system is on the brink of collapse due to it's own shortcomings. The comptroller of currencies stated in 2003 that the interest on the US national debt will not be affordable in less than ten years.This theoretically means total bankruptcy for the US economy and it's implications for the world are immense.In turn the fractional reserve based monetary system is reaching it's theoretical limits of expansion and the banking failures you are seeing are just the beginning. This is why inflation is skyrocketing, debt is at record levels and the government and FED are hemorrhaging new money to bailout the corrupt system. For the only way to keep the banks going is by making more money. The only way to make more money is to create more debt and inflation. It is simply a matter of time before the tables turn and no one is willing to make new loans while defaults grow as people are unable to afford their current loans. Then the expansion of money will stop and contraction will begin on a scale never before seen. Ending a century long pyramid scheme. This has already begun.Therefore, we need to expose this financial failure for what it is, using this weakness to our advantage.Here are some suggestions:One. Expose the banking fraud. Citibank, JP Morgan Chase, and Bank of America are the most powerful controllers within the corrupt Federal Reserve system. It's time to boycott these institutions. If you have a bank account or credit card with any of them, move your money to another bank. If you have a mortgage, refinance with another bank. If you own their stock, sell it. If you work for them, quit. This gesture will express contempt fo the true powers behind the private banking cartel known as the Federal Reserve. And create awareness about the fraud of the banking system itself.Two. Turn off the TV news. Visit the emerging independent news agencies on the internet for your information. CNN, NBC, ABC, FOX and all the others present all news pre-filtered to maintain the status quo. With four corporations owning all major media outlets, objective information is impossible. This is the true beauty of the internet. And the establishment has been losing control because of this free flow of information. We must protect the internet at all times, as it is truly our savior right now.Three. Don't ever yourself, your family, or anyone you know, to ever join the military. This is an obsolete institution now used exclusively for maintaining an establishment that is no longer relevant. US soldiers in Iraq work for US corporations, not the people. Propaganda forces us to believe that war is natural and the military is an honorable institution. Well if war is natural, why are there 18 suicides every single day by American veterans who have post-traumatic stress disorder? If our military men and women are so honored, why is it that 25% of the American homeless population are veterans?Four. Stop supporting the energy companies. If you live in a detached house, get off the grid. Investigate every means of making your home self-sustainable with clean energy. Solar, wind, and other renewable energies are now affordable consumer realities, and considering the never ending rising costs of traditional energies, it will likely be a cheaper investment over time. If you drive, get the smallest car you can and consider using one of the many conversion technologies that can enable your car to be a hybrid, electric, or run on anything other than establishment fuels.Five. Reject the political system. The illusion of democracy is an insult to our intelligence. In a monetary system, there is no such thing as a true democracy, and there never was. We have two political parties owned by the same set of corporate lobbyists. They are placed into their positions by the corporations, with popularity artificially projected by their media. In a system of inherent corruption the change of personnel every couple of years has very little relevance. Instead of pretending that the political game has any true meaning focus your energy on how to transcend this failed system.Six. Join the movement. Go to www.zeitgeistmovie.com  and help us create the largest mass movement for social change the world has ever seen. We must mobilize and educate everyone about the inherent corruption of our current world system… along with the only true sustainable solution, declaring all the natural resources on the planet as common heritage to all people, while informing everyone as to the true state of technology and how we can all be free if the world works together rather than fights.The choice lies with you.You can continue to be a slave to the financial system and watch the continuous wars, depressions and injustice across the globe while placating yourself with vain entertainment and materialistic garbage; or you can focus your energy on true, meaningful, holistic, lasting change which has the realistic ability to support and free all humans with no one left behind.But in the end the most relevant change must occur first inside of you. The real revolution is the revolution of consciousness, and each one of us first needs to eliminate the divisionary materialistic noise we have been conditioned to think is true; while discovering, amplifying, and aligning with the signal coming from our true empirical oneness.

Letting the IMF in would be like letting the fox control the henhouse. Good Grief.

Well what do you know - the free world and the not-so-free world working together for common good!  Wonders will never cease.  Maybe we need a few more crisis to really cement these relationships. 

At present we don't have to burn fossil fuels. We don't have to use anything that would contaminate the environment. There are many sources of energy available.

Alternative energy solutions pushed by the establishment, such as hydrogen, biomass and even nuclear are highly insufficient, dangerous and exist only to perpetuate the profit-structure that industry has created.

When we look beyond the propaganda and self-serving solutions put forth by the energy companies we find a seemingly endless stream of clean abundant and renewable energy for generating power.

Solar and wind energy are well known to the public, but the true potential of these mediums remains unexpressed.

Solar energy derived from the sun has such abundance that one hour of light at high noon contains more energy than what the entire world consumes in a year. If we could capture one hundredth of a percent (.01%) of this energy the world would never have to use oil, gas or anything else.

The question it is not availability but the technology to harness it and there are many advanced mediums today which could accomplish just that. If they were not hindered by the need to compete for market share with the established energy power structures.

Then there's wind energy. Wind energy has long been denounced as weak, and due to being location driven, impractical. This is simply not true. The US department of energy admitted in 2007 that if wind was fully harvested in just three of Americas 50 states it could power the entire nation.

And there are the rather unknown mediums of tidal and wave power.

Tidal power is derived from tidal shifts in the ocean. Installing turbines which capture this movement generates energy. In the United Kingdom 42 sites are currently noted as available. Forecasting that 34% of all the UK's energy could come from tidal power alone.

Wave power, which extracts energy from the surface motions of the oceans is estimated to have a global potential of up to 80.000 terawatt-hours a year. This means 50% of the entire planets energy usage could be produced from this medium alone.

Now, it is important to point out that tidal, wave, solar and wind power requires virtually no preliminary energy to harness, unlike coal, oil, gas, biomass, hydrogen and all the others in combination these four mediums alone, if efficiently harnessed through technology, could power the world forever.

That being said, there happens to be another form of clean renewable energy, which trumps them all.

Geothermal power.

Geothermal energy utilizes, what is called "heat mining", which, through a simple process using water, is able to generate massive amounts of clean energy. In 2006 an MIT report on geothermal energy found that 13.000 zetajule of power are currently available in the earth with the possibility of 2.000 ZJ being easily tapable with improved technology. The total energy consumption of all the countries on the planet is about half of a zetajule a Year. This means about 4000 years of planetary power could be harnessed in this medium alone. And when we understand that the earth's heat generation is constantly renewed, this energy is really limitless. It could be used forever!

These energy sources are only a few of the clean renewable mediums available. And as time goes on we will find more. The grand realization is that we have total energy abundance without the need for pollution, traditional conservation, or in fact a price tag!

Lets not hear a peep from Beijing who just sponsored the most expensive Olympic games ever, $58.5 billion. Shut up China and get back to work. You will need to shop for new customers to sell that junk you manufacture to as the U.S can;t afford it anymore. And to bad and so sad for your drop in growth to 9%. Try 1.5% and see how you like it. This is what America has to deal with since it's own government sold manufacturing of almost everything to you. Your turn is coming, just wait and see.

There is already a new world economic order. It is only the that the old order has not realized that it is dead and like a ghost it is just hanging around scaring people. We have an integrated world financial system, a global instant communications network as well as a world wide group of individuals in private multinational corporations and in state controlled enterprises  who, despite their diverse origins and political philosophies, are well aquainted with each other and control the flow of capital throughout the world. It arose naturally as a result of our technological revolution of the late 20th century. The ghost of the old order are nation based public institutions and politicians who try to maintain the illusion that they can control the new order when in reality it is the other way around. The last spirit of the old order, the belief in the United States had the economic musle to unilaterally control the world economy has been exorcised. We cannot go ressurect the ghost unless we are willing to dial back the clock on the technological revolution that created this new economic order in the first place. Forward thinking people must push to support the creation of public institutions on the international level that can effectively pursue the global public interest and endow these institutions with the enforcement authority.

CVA:

The ghost of the old order are nation based public institutions and politicians who try to maintain the illusion that they can control the new order when in reality it is the other way around. 

Isn't this also known as democracy? Or do we now allow the tail to wag the dog?

Well, the Chinese generally make such junk,  it might be better if they end up not being able to export anything.

The current financial crisis is driving the world into a global recession. There is no job security anymore. Especially in times of financial crisis you need to be independent, become the CEO of your life and redefine yourself in order to create and attract new creative opportunities. This can be realized successfully according to an innovative four-stage authentic personal branding model, that will be introduced in this article, based on the bestselling book “Authentic Personal Branding:  A new blueprint for building and aligning a powerful leadership brand' (Information Age Publishing, USA, 2009). You can get yourself out of this crisis by re-branding and managing yourself effectively and by building, implementing and cultivating your authentic personal brand according to this model. If you are well branded according to this approach, you will master the financial crisis successfully, smartly save costs, generate new revenues, find it easier to convince others and attract the people and opportunities that are a perfect fit for you.

This new system will help you to actively grow and distinguish yourself as an exceptional professional. Remember what Albert Einstein said: "In the middle of difficulty lies opportunity". Now is the best time to engage in a meaningful dialogue with yourself and build your personal brand in order to better master the financial crisis with your unique value proposition. This innovative personal branding approach will provide you a roadmap to translate your genius, dreams and aspirations into manageable improvement actions and will help you adjust your market offerings to the different crisis needs of various customer segments. Now during the crisis it is a great time to reposition yourself strongly in relation to your competitors, built a strong reputation, develop an effective image of yourself that you want to project in everything you do, and become more creative and innovative. While some individuals fight for survival, this financial crisis is an excellent opportunity for visionary people who like to differentiate themselves, set them apart from others and create an identity around themselves. This makes it easier for others to remember who they are, become known as a thriving and distinguished professional and improve themselves continuously. They develop their own creative responses to this financial crisis instead of following the standard responses of individuals during a recession. They master the personal  financial crisis because they have identified and leveraged their authentic dream, respond to it with passion, know what make them unique, special, different and outstanding, identified their genius, expand their limits based on this, and have faith in themselves and the courage to pursue their dream and personal brand.

Four Points to Master a Personal Financial Crisis

Building an authentic Personal Brand to response to the financial crisis is an evolutionary and organic process. This process consists of the following four phases, which are the building blocks of a strong authentic Personal Brand (see figure 1):

1) Define and formulate your Authentic Personal Ambition; This phase involves defining and formulating your Personal Ambition in an exciting and persuasive manner and making it visible. Your Personal Ambition is the soul, starting point, core intention and the guiding principles of your Personal Brand. It’s the fuel for your brand and encompasses your personal vision, mission, and key roles. It is about developing your self-awareness and identifying yourself and figuring out what your dreams are, who you are, what you stand for, what makes you unique and special, why you are different than anyone, what your values are, and identifying your genius, incorporating an introduced breathing and silence exercise. You are almost twice as likely to accomplish your brand if you write this down. Your Personal Ambition makes your Personal Brand Personal and links this to your values.

2) Define and formulate your Authentic Personal Brand; This phase involves defining and formulating an authentic, distinctive, relevant, concise, meaningful, compelling, enduring, and crystal clear Personal Brand promise, and use it as the focal point of your behavior and actions. First of all, perform a personal SWOT analysis (Strengths, Weaknesses, Opportunities and Threats) and evaluate yourself after using the breathing and silence exercise. This will also make you aware of the signs of the financial crisis in your internal and external environment. The result of SWOT analysis is the definition of your personal life style. This relates to your personal ambition and brand objectives. Your brand objectives entail what you want your Personal Brand to accomplish. You also need to determine your specialization, concentrating on a single core talent. Define your main specific services, your key characteristics your single leading and most powerful attribute.  Finally, determine what your audience (domain) is and what their greatest needs are. Your Personal Brand Statement entails the total of your Personal Ambition, brand objectives, specialty, service dominant attribute, and domain. It also includes your Unique Value Proposition. The next step in this second stage is to define your Personal Brand Story (Elevator Pitch), which is the essence of what you want to say about your Personal Brand in order to produce a positive emotional reaction. Finally you should design your Personal Logo, which is a single graphical symbol that represents your Personal Brand.

3) Formulate your Personal Balanced Scorecard (PBSC); Personal Ambition and Personal Brand have no value unless you take action to make them a reality. Therefore the emphasis in this stage is developing an integrated and well balanced action plan based on your Personal Ambition and Personal Brand to reach your life and brand objectives and to eliminate any negative elements. It’s about translating your Personal Ambition and Personal Brand into your PBSC (action). Your PBSC entails your personal critical success factors that are related to your Personal Ambition and Brand and the corresponding objectives, performance measures, targets and prioritized improvement actions to master the crisis and to manage yourself effectively. It is also divided into the four perspectives: internal, external, knowledge & learning, and financial perspectives. Your PBSC translates your Personal Ambition and Personal Brand into manageable and measurable personal objectives, milestones and improvement actions in a holistic and balanced way. Your PBSC is needed to improve and manage yourself continuously based on your Personal Ambition and Brand. It’s an effective tool that you can use to manage and master yourself and monitor your behavior and actions.

4) Implement and cultivate your Personal Ambition, Personal Brand and Personal Balanced Scorecard; Personal Ambition, Personal Brand, and the PBSC have no value unless you implement them to make it a reality. Therefore the next step is to implement, maintain, and cultivate your ambition, brand and PBSC effectively. You have to articulate your Personal Brand with love and passion, be committed to change, and improve your perceived value in the marketplace and yourself continuously. In addition, try to build credibility and become an expert in your field. Get the word out through a variety of media channels, do work you love which is consistent with your Personal Brand and values, gain experience in areas of your brand in which you are weak, promote yourself, market your brand frequently and consistently, make conscious choices about the people you associate with, build a strong network, deliver on your brand promise, and in short live according to your brand promise.  To guide you in this process a unique learning cycle called the Plan-Deploy-Act-Challenge cycle (PDAC cycle) have been introduced, which should be followed continuously. This is necessary to let your brand awareness grow gradually. This learning process will help you to become proactive, manage your time effectively, and anticipate on the crisis. The introduced breathing and silence exercises will help you calm down and regain control of your mind and body during the crisis.

This 4-stage model forms the key to master the financial crisis effectively. Through this approach you will also be able to make yourself and others happy on an ongoing basis.

This feedback is based on Dr. Hubert Rampersad’s new best selling book Authentic Personal Branding:  A new blueprint for building and aligning a powerful leadership brand' (Information Age Publishing, USA, 2009). He is president of TPS International Inc. (Miami Beach). He can be reached at: