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Investors Lounge
hisah
#3651 Posted : Saturday, June 15, 2013 12:37:09 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Exclusive: Deutsche Bank 'horribly undercapitalized' - U.S. regulator - http://www.reuters.com/a...e-idUSBRE95D0X620130614

Quote:
But using a tougher leverage ratio measurement - which compares a bank's shareholder equity to its total assets without using risk-weightings - the picture for banks such as Deutsche Bank is very different, he said.



Preaching the truth after many pretext years...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3652 Posted : Saturday, June 15, 2013 12:53:09 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Detroit to default on $2.5B debt to avoid bankruptcy, emergency manager says - http://www.foxnews.com/u...t-wont-pay-25b-it-owes/

Quote:
A team led by a state-appointed emergency manager said Friday that Detroit is defaulting on about $2.5 billion in unsecured debt and is asking creditors to take about 10 cents on the dollar of what the city owes them.

"The average Detroiter has to understand this is a culmination of years and years of kicking the can down the road," Orr said. "We can't borrow any more money. We started borrowing from our own pension funds."



Municipal bonds... The day of reckoning is nigh...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
symbols
#3653 Posted : Saturday, June 15, 2013 1:10:08 PM
Rank: Elder

Joined: 3/19/2013
Posts: 2,552
Eurozone unemployment leaves 19.4mn jobless, 7 year high

Quote:
Just days after French President Francis Hollande announced the euro crisis was over, employment across the Eurozone collectively shrank 0.5 percent in the first quarter, bringing levels to their lowest in seven years.
hisah
#3654 Posted : Sunday, June 16, 2013 10:08:36 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Interesting predictions by Ron Paul back in 2002

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3655 Posted : Sunday, June 16, 2013 10:51:30 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Been watching Burundi getting mauled by inflation similar to what KE experienced on 2011 - http://news.yahoo.com/bu...2-pct-may-093320138.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
karanjakinuthia
#3656 Posted : Sunday, June 16, 2013 11:03:59 AM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
Extra! Extra! Read all about General Keith Alexander, Site M and Endgame Systems.

"Inside Fort Meade, Maryland, a top-secret city bustles. Tens of thousands of people move through more than 50 buildings—the city has its own post office, fire department, and police force. But as if designed by Kafka, it sits among a forest of trees, surrounded by electrified fences and heavily armed guards, protected by antitank barriers, monitored by sensitive motion detectors, and watched by rotating cameras. To block any telltale electromagnetic signals from escaping, the inner walls of the buildings are wrapped in protective copper shielding and the one-way windows are embedded with a fine copper mesh.

This is the undisputed domain of General Keith Alexander, a man few even in Washington would likely recognize. Never before has anyone in America’s intelligence sphere come close to his degree of power, the number of people under his command, the expanse of his rule, the length of his reign, or the depth of his secrecy. A four-star Army general, his authority extends across three domains: He is director of the world’s largest intelligence service, the National Security Agency; chief of the Central Security Service; and commander of the US Cyber Command. As such, he has his own secret military, presiding over the Navy’s 10th Fleet, the 24th Air Force, and the Second Army..."

Read more:

http://www.wired.com/thr...alexander-cyberwar/all/

uchumi
#3657 Posted : Sunday, June 16, 2013 7:02:13 PM
Rank: Member

Joined: 9/16/2006
Posts: 234
http://www.businessdaily...4/-/sr71lxz/-/index.html
“I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
karanjakinuthia
#3658 Posted : Monday, June 17, 2013 10:41:10 AM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
The Kenyan Shilling had the lowest monthly closing versus the U.S. Dollar in September, 2011 and fell to an intra-day low in October, 2011. Using the timing frequency of 19, the Shilling had the highest closing versus the Dollar in April 2013. It took 19 years from the peak for gold in 1980 to the low in 1999.

If the high in April holds, we should see the Shilling depreciate past 86.05 and 87.6. Turning points are coming up in August of 2013, November of 2013 and May of 2015.

"The Kenyan shilling fell to an 11-week low on Friday as expected support from the central bank failed to materialise and a week-long share sell-off persisted.

The shilling has weakened 0.8 per cent since June 6 as foreign investors have booed gains from 2013's 20 per cent rally in stocks.

It could come under further pressure after the finance minister said on Thursday that Kenya plans to reintroduce a tax on capital gains, which could deter foreign investors..."

Read more:

http://www.businessdaily...4/-/f4hus1/-/index.html
hisah
#3659 Posted : Monday, June 17, 2013 11:52:15 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
So far the following countries have seen some form of protests the previous week - Turkey, Egypt, Yemen, Kenya, Peru, Thailand, Malaysia, Nepal, Greece, Indonesia, Greece, SA, Japan, Bulgaria, Canada, Hong Kong (NSA leaks), and Brazil.

The protest heatmap is growing wider than back in 2011... Something will have to give...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3660 Posted : Monday, June 17, 2013 11:55:42 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
Obama agrees to arm Syria rebels. Waiting for Russia's counter...

UK bans Snowden from flying to there.

Things getting squared. Not liking the Russia - US faceoff on Syria.

http://news.blogs.cnn.co...-square-off-over-syria/

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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