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BÜCHER


Das Geheimnis
der Wirtschaft -
Lösung der
globalen Systemkrise:
Trennbankensystem
und produktive Kreditschöpfung


Schiller-Institut:
Die Weltlandbrücke
wird Realität

Jetzt mit Leseprobe:
Vorwort: Das Ende
der "freien"
Marktwirtschaft -
Wir brauchen
Gesetze zur Rettung
des Gemeinwohls!


Lyndon LaRouche: Die kommenden 50 Jahre

Das Prinzip von Entwicklung: Dynamik, nicht Statistik

Von der Ehrlichkeit gegenüber der Natur

Max Planck zum 150. Geburtstag

Überlegungen zur Klimahypothese:
Von der Physik der Atmosphäre aus gesehen, gibt es kein Klima. In der Atmosphäre spielt nur das Wetter eine Rolle.

+++ 12. Januar 2012 +++

Eurozone Sticks to Suicidal Monetary Measures

Last Dec. 20, the European Central Bank lent 489 billion euros to some 523 banks, in three-year tenders at 1%. That figure is no less than 5% of the GDP of the entire Eurozone. But as of Jan. 9-10 overnight, the reserves of the major banks on deposit at the ECB (earning only 0.25%) hit another record 481 billion euros, or 98% of what the ECB had lent!

In other words, that money is not being used for the real economy, nor for buying Eurozone sovereign bonds. In fact, bank lending has broken down across Europe, and the banks are functionally bankrupt.

Meanwhile, in spite of the budget balancing measures in different countries, the results are worse than before. The deficit in Spain for 2011 is now at 8%, instead of the planned 6%, and the Greek GDP dropped by over 5,5% in 2011, according to IMF forecasts, while figures on the deficit are not yet known.

The IMF has now declared that the planned haircut of 50% of Greek debt is not enough to avoid insolvency. This was supported by Clemens Fuest, advisor to German Finance Minister Wolfgang Schaeuble, who told the Greek daily To Vima the haircut should be over 50% and not voluntary but mandatory.

However, a "non-voluntary" haircut would establish a credit event, unleashing an uncontrollable chain-reaction on the CDS market. Private Greek creditors still oppose the 50% haircut agreed upon by the EU.

In Hungary, the EU and the IMF broke off negotiations on refinancing the country's debt, in response to the new Constitution providing for government control over the central bank. The EU responded with financial and political warfare, with the markets' assault on Hungary's currency and bonds, and with Orange Revolution-like "popular" revolts.

The failure to sell a one-year bond on Jan.5 produced shock waves in the entire Eurozone, driving Italian bond spreads over 530 basis points again. In a Financial Times commentary Jan. 6, Philip Stephens called on the West to support anti-government protesters in Hungary. "The protesters… need leadership at home and support from abroad. If the west can call for political freedom in the Maghreb – or, for that matter, Belarus – it can surely do likewise in central Europe."

EU leaders, however, continue to rush toward the precipice, in spite of the obvious failure of their policies..



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+++ 17. Mai 2012 +++

Derivat-Rekordverlust von JP Morgan beweist erneut Notwendigkeit der Bankentrennung

Der Rekordverlust von mehr als 2 Mrd.$ bei JP Morgan, die Verstaatlichung des Bankhauses Bankia in Spanien und die sich abzeichnende Insolvenz Griechenlands sind deutliche Zeichen dafür, daß das trans... [weiter]

+++ 17. Mai 2012 +++

Huge JP Morgan Derivatives Loss Makes the Case for Glass-Steagall

The $2 billion blowout at JP Morgan, the nationalization of Bankia in Spain, the building Greek insolvency are clear signs that the trans-Atlantic financial system is ready to explode in an unstoppabl... [weiter]

+++ 17. Mai 2012 +++

Michel Rocard: Europe Needs a Glass-Steagall Act Now!

Former French Prime Minister Michel Rocard was interviewed May 10 on Radio Classique Public Sénat, to talk about his new book, titled Points sur les i (Dotting the I's), which tra... [weiter]

+++ 17. Mai 2012 +++

Will Hollande Dare to Turn the Tide in the EU?

Reality is upsetting the best laid plans of EU decision makers, as scheme after scheme fails to stop the financial and banking crisis. The push is still on to ram through the European Stability Mechan... [weiter]

+++ 17. Mai 2012 +++

Wagt es Hollande das Ruder in der EU rumzureißen?

Die Realität durchkreuzt die cleversten Pläne der EU-Strategen, so daß einer nach dem anderen in der Bekämpfung der Finanz- und Bankenkrise versagt. Noch wird versucht, den Europäischen Stabilitätsmec... [weiter]

+++ 13. Mai 2012 +++

Putin sagt Treffen mit Obama ab, kippt das strategische Schachbrett.

Der neue russische Präsident Putin kippte am 9. Mai das strategische Schachbrett während eines Telefonanrufs Obamas, um ihm zwei Tage verspätet zum Amtsantritt zu gratulieren. Nicht nur informierte e... [weiter]

+++ 13. Mai 2012 +++

Vladimir Putin Cancels Meeting with Obama, Upsets International Agenda

Russian President Vladimir Putin kicked over the strategic chessboard on May 9 when Barack Obama called him to belatedly congratulate on assuming the presidency. Not only did the Russian inform his U.... [weiter]

+++ 11. Mai 2012 +++

Drone Attacks: the Obama Administration's Wunderwaffen

To celebrate the one-year "anniversary" of the killing of Osama Bin Laden, on May 2, President Obama flew to Kabul, for a late night signing of a new strategic agreement between his Administration and... [weiter]

+++ 11. Mai 2012 +++

Israel: Netanyahu Drops Early Elections, Organizes Grand Coalition

In the middle of the night of May 8th, Israeli Prime Minister Benjamin Netanyahu backed off from his call for early elections and negotiated a coalition deal with Kadima head Shaul Mofaz. The agreemen... [weiter]

+++ 9. Mai 2012 +++

Russians Threaten Pre-emptive Strike against ABM System in Europe

The Chief of the Russian Armed Forces General Staff, Gen. Nikolai Makarov, issued a stark warning to NATO on May 3, during the opening session of an international conference on anti-ballistic missile ... [weiter]

+++ 9. Mai 2012 +++

General Dempsey: Avoiding the "Thucydides Trap" towards China

Lyndon LaRouche has often referred to the ancient Peloponnesian War between Athens and Sparta, as told by historian Thucydides, as being the major catastrophe for Greek civilization. Just recently, th... [weiter]

+++ 9. Mai 2012 +++

Chef der Bank von England fordert Bankentrennung

In derselben Woche, in der Lyndon LaRouche eine Schrift mit dem Titel „Zeit für Glass-Steagall in Großbritannien“ veröffentlichte, hat der Gouverneur der Bank von England (BoE), Mervyn King, in einem ... [weiter]

+++ 9. Mai 2012 +++

Rußland droht mit Präventivschlag gegen Raketenabwehr in Europa

Der russische Generalstabschef, Gen. Nikolai Makarow, warnte zu Beginn einer Konferenz über Raketenabwehrsysteme in Moskau vom 3.-4.5. erneut vor den Konsequenzen, sollten die NATO und die USA die rus... [weiter]

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