“We ran the model forward to the year 2040, along a business-as-usual trajectory based on ‘do-nothing’ trends?—?that is, without any feedback loops that would change the underlying trend. The results show that based on plausible climate trends, and a total failure to change course, the global food supply system would face catastrophic losses, and an unprecedented epidemic of food riots. In this scenario, global society essentially collapses as food production falls permanently short of consumption.”
"Incidentally, "internal devaluation" is a very polite way of saying plunging wages, labor costs, and generally benefits, including pensions.
But if this is correct, Goldman essentially says that it is in the ECB's, and Europe's, best interest to have a Greek default - and with limited contagion at that - one which finally does impact the EUR lower,and resumes the "benign" glideslope of the EURUSD exchange rate toward parity, a rate which recall reached as low as 1.05 several months ago before rebounding to its current level of 1.14. Needless to say, that is a "conspiracy theory" that could make even the biggest "tin foil" blogs blush.
A different way of saying what Goldman just hinted at: "Greece must be destroyed, so it (and the Eurozone) can be saved (with even more QE)."
Or, in the parlance of Rahm Emanuel's times, "Let no Greek default crisis go to QE wastel."
"Sec. 502. Consultants. The head of each agency otherwise delegated functions under this order is delegated the authority of the President under sections 710(b) and (c) of the Act, 50 U.S.C. App. 2160(b), (c), to employ persons of outstanding experience and ability without compensation and to employ experts, consultants, or organizations. The authority delegated by this section may not be redelegated."
Pava: ...here it is folks...sorry...slaves https://obamawhitehouse.archives.gov/the-press-office/2012/03/16/executive-order-national-defense-resources-preparedness
"Sec. 502. Consultants. The head of each agency otherwise delegated functions under this order is delegated the authority of the President under sections 710(b) and (c) of the Act, 50 U.S.C. App. 2160(b), (c), to employ persons of outstanding experience and ability without compensation and to employ experts, consultants, or organizations. The authority delegated by this section may not be redelegated."
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NATO Conducts Rehearsal For Ukraine Siege: Mapping All NATO Drills Near Russia Since 2014
UK Government Study Finds: If Nothing Is Done, Expect Civilizations' Collapse By 2040
UK Government Study Finds: If Nothing Is Done, Expect Civilizations' Collapse By 2040
US knows that for along time - that is why it is making army from the police
suicide by hiking Missing ex-White House chef's body found in New Mexico - CNNPolitics.com
suicide by hiking Missing ex-White House chef's body found in New Mexico - CNNPolitics.com
Maybe he was with his friend for a blow :
White House chef, banker : what the heck - probably buddies
Maybe he was with his friend for a blow : White House chef, banker : what the heck - probably buddies
The times when gangsters were doing it in a subway were better
This guys are going to impound your house just to get another line
...here it is folks...sorry...slaves https://obamawhitehouse.archives.gov/the-press-office/2012/03/16/executive-order-national-defense-resources-preparedness
"Sec. 502. Consultants. The head of each agency otherwise delegated functions under this order is delegated the authority of the President under sections 710(b) and (c) of the Act, 50 U.S.C. App. 2160(b), (c), to employ persons of outstanding experience and ability without compensation and to employ experts, consultants, or organizations. The authority delegated by this section may not be redelegated."
...here it is folks...sorry...slaves https://obamawhitehouse.archives.gov/the-press-office/2012/03/16/executive-order-national-defense-resources-preparedness "Sec. 502. Consultants. The head of each agency otherwise delegated functions under this order is delegated the authority of the President under sections 710(b) and (c) of the Act, 50 U.S.C. App. 2160(b), (c), to employ persons of outstanding experience and ability without compensation and to employ experts, consultants, or organizations. The authority delegated by this section may not be redelegated."
Hillary raised the fee to $320.000 per 20 minutes
They have to save somewhere
Interesting : „Fuck the US“: Lafontaine giftet auf Facebook gegen USA - Politik Inland - Bild.de