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Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Friday, October 11, 2013

CHINA - AFRIKA - USA schlafen, Europa schläft, Schweiz schläft auch

ZITAT TA (Ausschnitte)
Hilfe mit Hintergedanken
Tages-Anzeiger
, 2013-10-11
China sichert sich mit Milliardensummen für die Entwicklungshilfe Loyalität und Zugang zu Rohstoffen.
Von Marcel Grzanna , Shanghai
Kambodscha: Fertigstellung der Nationalstrasse 214
Das Projekt kurbelt die Wirtschaft an: 144 Kilometer Asphalt als Pfad in den Wohlstand. In zwei bis drei Jahren soll die Strasse fertig sein.
Kredit China 116 Millionen Dollar

93 Schwellen- und Entwicklungsländer werden von Chinas Auslandshilfe Fagia (Foreign Aid and Government-Sponsored Investment Activities) unterstützt.

Zwischen 2001 und 2011 hat China 671 Milliarden US-Dollar verteilt.
Afrika, Lateinamerika und  Asien.
Burma floss eine Milliarde Dollar zum Bau eines Damms
Indonesien 1,9 Milliarden in ein Bergbauunternehmen.
Malaysia und andere Tigerstaaten 16,1 Milliarden Dollar in erneuerbare Energien.

2001 erst 1,7 Milliarden Dollar,
2009 bereits 125 Milliarden
2011 stieg das Volumen auf gut 189 Milliarden.
Vergleich: Der offizielle Verteidigungshaushalt der Volksrepublik war zu diesem Zeitpunkt nicht einmal halb so gross.

Drei Prozent Chinas Bruttoinlandprodukts fliesst in Entwicklung. Chinas Regierung gibt ihre Entwicklungshilfe als Kredite mit drei Prozent Zinsen und 15 Jahren Laufzeit.

Die Organisation für Sicherheit und Zusammenarbeit in Europa (OSZE) definiert Entwicklungshilfe dagegen als Subvention oder Zuwendung.

Bemerkung
Was nichts kostet, ist nichts wert.

Strategie der Chinesen ergibt Loyalität und ökonomische Vorteile. China unterstützt Projekte zur Förderung von Rohstoffen wie Kohle, Öl, Gas oder Metall und zur Entwicklung der Infrastruktur. China soll zum bevorzugten Abnehmer der Rohstoffe werden, bestenfalls zu günstigen Preisen.

Kreditnehmer möchten Zugang zu Technologien aus China. Verkauf der Rohstoffe steigert Bruttoinlandprodukt. Höhere Einnahmen fliessen in Import chinesischer Güter. «China erhöht die Kaufkraft der Länder zwecks Nachfragesteigerung für chinesische Produkte», sagt Experte Sun. Dies reduziert das Risiko von Zahlungsverzögerungen oder Kreditausfällen.

Chinesische Regierung sichert sich ab und verlangt Zugeständnisse. Bevorzugte Behandlung von chinesischen Investoren oder Erleichterungen bei der Eröffnung von Konfuzius-Instituten in den Zielländern zählen. Diese Institute wollen vordergründig chinesische Sprache und Kultur vermitteln, werden aber konsequent auch als Sprachrohr staatlicher Propaganda benutzt.


Weitere Konfliktherde möglich: Grösster Empfänger chinesischer Auslandshilfen waren zwischen 2001 und 2011 Venezuela mit 106 Milliarden und der Iran mit 89 Milliarden Dollar. Beide Länder sitzen auf riesigen Öl- und Gasreserven und sind mit den USA, der grössten Volkswirtschaft der Welt, verfeindet.
ZITATENDE (Ausschnitte)

CIA-Factbook - china
Export:  2057 Milliarden
Exportpartner: USA 17.2%, HongKong 15.8%, Japan 7.4%, SüdKorea 4.3%
WOHIN gehen die fehlenden 44.7%??? Sie gehen nach Afrika, Lateinamerika, Asien, Mittlerer Osten (Iran)

copyright  thomas ramseyer

Saturday, June 22, 2013

Belgium based SWIFT - fully controlled by US-authorities - China's Renminbi to be used as alternative

Author thomas ramseyer
Wikipedia: US Control over Transactions within the European Union
On 26 February 2012 the Danish newspaper Berlingske reported that US authorities evidently have sufficient control over SWIFT to seize money being transferred between two EU countries (Denmark and Germany), since they have seized around U$26,000 which were being transferred from a Danish to a German bank. The money was a payment by a Danish businessman for a batch of Cuban cigars previously imported to Germany by a German supplier. As justification for the seizure, the U.S. Treasury has stated that the Danish businessman has violated the United States embargo against Cuba.[23]

Remarks
As the example shows the US are in a position to get hold of any information they want. Threatened to be cut off the moneytransfer in USD, the banks would rather be looking for another solution than the USD. How about the Renminbi???
http://thomasramseyervolkart.blogspot.ch/2013/04/renminbi-to-become-currency-reserve-rba.html

http://thomasramseyervolkart.blogspot.ch/2013/04/china-renminbi-als-wahrungsreserven.html

http://thomasramseyervolkart.blogspot.ch/2009/03/china-urges-new-global-reserve-currency.html

It looks like the US consider themselves rulers of the entire world. Together with England they virtually are sitting right on the edge of everybody's matrimonial bed.

As China's currency is backed by a huge economy the Renminbi may become an alternative to the USD in a Transfersystem totally separate from the actual infrastructure.

China is empowered to build a transfer system similar to SWIFT for the purpose of cutting off some of the information from the US and GB. It is only a matter of time that this will happen.


It is about time to disturb the monopol of the US. As the US do not grant transparency about themselves the nonUS nations must try to build up secrecy and privacy again. 

also read
http://thomasramseyervolkart.blogspot.ch/2013/04/western-union-forget-western-union.html http://thomasramseyervolkart.blogspot.ch/2013/01/western-union-vale-of-tears.html
copyright  thomas ramseyer

Wednesday, April 24, 2013

CHINA - CURRENCY RESERVES - Renminbi the currency reserve to come - Renminbi Währungsreserven der Zukunft

Australien hat mit China ein neues Handelsabkommen geschlossen. Es erlaubt den direkten Umtausch von australischen Dollars in chinesische Renminbis. Dieser kleine Schritt könnte grosse Konsequenzen haben.
Dieser kleine Schritt ist schon der zweite (Iran) kleine Schritt.

Australie and China have concluded to exchange the Australien Dollar directly for Chinese Renminbis. This small step may turn out to have great consequences for other reserve currencies.


QUOTE
Internationalizing the Renminbi
by Lynne Cockerell and Michael Shoory*
The Chinese authorities have introduced reforms over the past few years aimed at increasing the use of the renminbi (RMB) in international trade and investment. This article outlines the recent developments, focusing in particular on the offshore market for RMB and the RMB trade settlement scheme.

These initiatives have been supported by the signing of bilateral local currency swap agreements between the People's Bank of China (PBC) and other central banks, including the Reserve Bank of Australia.

http://www.rba.gov.au/publications/bulletin/2012/jun/9.html

This small Step is already the second (Iran) small step.

Qualifikation einer Währung als Reservewährung
Eine Währung kann dann als Währungsreserven verwendet werden, wenn diese Reserven gegen Güter eingetauscht werden können, die von der dazugehörigen Volkswirtschaft bereit gestellt werden können. Beim Renminbi ist dies der Fall. Guthaben in Renminbi können zur Bezahlung von in China hergestellte Güter verwendet werden.

Requirements for a Currency to be used as Currency Reserves

A currency can be used as currency reserves if those reserves can be exchanged for goods provided by the related economy. This is the case with China's Renminbi. Assets can be used to buy goods entirely produced in China.

Aufschwung Chinas nicht zu bremsen: USA werden gezwungen werden, Güter an China zu liefern
Im Fall von den riesigen Währungsreserven, welche China in USD hält, gilt dies ebenso. Die Amerikaner werden eines Tages gezwungen sein, den Chinesen technologisch hochwertige Güter gegen deren Reserven zu verkaufen. Andernfalls könnte China die USA unter Umständen zum Abbau ihrer eigenen Devisenreserven zwingen.

China's economic Pickup will force the USA to deliver even hightech goods to China
In the case where China is holding the main bulk of its reserves in USD this is valid too. One day to come the americans will be forced to sell sophisticated technological products to China. If not China can force the USA to reduce their own foreign currency reserves simply by buying EUR, GBP and others against USD.
further accounts on Renminbi used as Currency Reserve

Friday, May 18, 2012
OIL - IRAN - CHINA - USA - Iran's oil sales are credited in Chinese Renminbi - US-$ as well as EUR to be crowded out as world currency in the future
http://thomasramseyervolkart.blogspot.ch/2012/05/oil-iran-china-irans-oil-sales-are.html
Hidden parallel economic universe is about to emerge. OECD figures restricted to USD and EUR trade figures. Renminbi figures never are subject to OECD statistics. World trade volume not known anymore.

Thursday, March 26, 2009
CHINA - urges new global reserve currency - People's Bank of China governor Zhou Xiaochuan is on the right track
http://thomasramseyervolkart.blogspot.ch/2009/03/china-urges-new-global-reserve-currency.htmlIt is very wise to ask for a new widely accepted currency like Poeple's Bank of China's governor Mr. Zhou Xiaochuan does.
copyright  thomas ramseyer

Monday, November 14, 2011

Griechenland: Ausscheren wird KEINE Weltkrise verursachen


Autor Thomas Ramseyer 
Kassandra ruft aus allen Ecken - Weltkrise im Anrollen? ... Nein!
EU [ Merkel/Sarkozy ] schert aus dem Pulk der Lemminge (USA) aus und lässt Griechenland ziehen 

Weltauf, weltab; jeder scheint es zu wissen. Die Europäische Union ohne Griechenland gerät zum Disaster. Dem ist beileibe nicht so! 

Griechenlandkrise kommt den USA zupass 
In dieses Lied stimmt vor allem einer ein; der Präsident der Vereinigten Staaten von Amerika, die grössten Schuldner aller Zeiten. Im Grunde genommen kommen ihm die von Amerikanischen Banken verursachten Probleme in Form von Kombinationen aus Währungs- und Zinsswaps der EU  vorab Griechenlands zupass.

Auch strebt er mit immer heftigerem Säbelrasseln eine Abwertung von Chinas Renmimbi an. Nicht zu vergessen: China ist der grösste Gläubiger der USA. Eine Abwertung kommt für China allenfalls nach einem vorgängigen massiven Kauf von Realgütern in den USA infrage.

Die Entwicklung verschiedener Währungen zeigen an, dass sich der US-$ gegenüber allen Währungen von Ländern mit starker Wirtschaft abwertete. Dies Resultat eines freien Marktes. Die SNB macht den CHF-Wechselkurs am EUR fest. Die EU macht den EUR-Wechselkurs am USD fest. De facto vollzieht die SNB also über ihre Bindung an den EUR sämtliche Währungsinterventionen der EU zu Gunsten des USD nach. Die Währungen anderer Länder wie etwa Schweden, Norwegen, Brasilien, Japan und Russland zeigen das desaströse Verhalten der USA klar an.

Eine Abwertung des Chinesischen Renmimbi (USDCNY) gegenüber dem USD - somit auch gegenüber dem an den USD gebundenen EUR - führt zu einer Verbesserung der Verhältnisse für die US-Amerikanische Exportwirtschaft. 

Resultat: dank verbesserter Konkurrenzfähigkeit gegenüber Chinesischen Produkten tendenziell grössere Exporte in alle Länder mit Chinesischen Importen ausserhalb der USA. Dies zu Lasten aller übriger Export-Länder. Unter Führung von Export-Weltmeister Deutschland werden sämtliche ausserhalb der USA liegenden Länder - die Schweiz eingeschlossen - leidtragend sein. 

EU schützt sich; die Union verordnet sich Radikalkur und stärkt die Binnenwirtschaft Europas 
Einem Gangrän gleich muss nekrotisches Gewebe entfernt werden. Einen Teil zu Gunsten des Ganzen zu opfern, war schon immer gang und gäbe. Um der tatsächlichen Bedrohung entgegen zu halten, verstärkt die EU ihre Anstrengungen die Europäische Binnenwirtschaft zu stärken mit allen hierzu geeigneten Mitteln. 

Wiedereinführung der Drachme wird nicht dazu führen, dass griechische Schulden um ein vielfaches höher werden 
Gegenüber heutiger Verhältnisse wird sich nichts ändern. Die Zinssätze werden in einem ersten Schritt die selben sein.

Die Höhe der griechischen Schulden hängt alleine von der Umtauschrate des EUR in die neue griechische Währung ab. Die Umtauschrate wird EINE neue Drachme gegen EINEN Euro sein. Alles andere ist als Phantasie zu werten.

Die weitere Entwicklung der griechischen Wirtschaft hängt vom Erfolg des gegenwärtig eingeschlagenen selbstauferlegten Sparprogrammes ab.

Den Schuldenschnitt von 50% kann Griechenland selber verhandeln. Die Lage ist immer noch die selbe. Sollten die Gläubiger nicht einlenken, werden sie 100% verlieren.

Die restlichen EU-Staaten innerhalb des EUR-Raumes wursteln in gleicher Manier weiter. Der Creditspread (Zinsdifferenz zu übrigen EU-EUR-Volkswirtschaften) verändert sich nach Ausscheren und Austerität zu Gunsten Griechenlands. 

Fazit 
Für die Griechen - Staats- sowie Privatfinanzen - wird sich nichts ändern. Die Griechen gehen denselben Weg innerhalb sowie als auch ausserhalb der Europäischen Union. Die Zukunft hängt vom Willen der griechischen Bevölkerung ab.

Durch die Abspaltung und die Einführung der Neudrachme erlangt Griechenland seine politische und seine wirtschaftliche Unabhängigkeit zurück. Griechenlands Zentralbank nimmt die Verantwortung für Griechenlands Stabilität zurück. Sie ist ähnlich der Schweizerischen Nationalbank unabhängig von Regierung und Politik. 

Empfehlung für Griechenland 
1) Griechenland kündigt der EU die Mitgliedschaft auf.
2) Griechenland konvertiert Griechische Guthaben und Verpflichtungen innerhalb Griechenlands vom EUR in Neudrachme im Verhältnis 1 zu 1.
3) Griechenland führt das Sparprogramm in Eigenregie durch. 
4) Die Griechische Führung macht den Griechen mittels geeigneter Instruktionen klar, dass die EU-Mitgliedschaft nicht ausschlaggebend für ein Gelingen der ergriffenen Massnahmen ist.
5) Die Griechen gewinnen ihren Stolz zurück; sie befreien sich vom Gängelband der EU.

weiterführende Blogs 
Abgesang auf Europäische Union (EU)
Staatsbankrott Griechenlands kein Problem für die EU
Demokratie in Griechenland: Abstimmung über Annahme des Hilfspakets 

copyright Thomas Ramseyer
http://www.xing.com/profile/Thomas_Ramseyer5?sc_o=mxb_p

Thursday, March 26, 2009

CHINA - urges new global reserve currency - People's Bank of China governor Zhou Xiaochuan is on the right track

Author Thomas Ramseyer
China's Zhou Xiaochuan on the right track
It is very wise to ask for a new widely accepted currency like Poeple's Bank of China's governor Mr. Zhou Xiaochuan does. 

The USD has seen its peak already long time ago. The decay was eased off when the government started building up huge debt to the bad of the american people which was lured into saving only after having bought. 

The result is evident; the system has failed. It is proven by all; by politicians, managers as well as the priests and professors.


Gold convertibility's cessation in the 70ties proves faltering american way of doing business
The very first warning about the deadbeat american system of interest and debt has been given by the termination of the gold convertibility. (President Nixon's speech to the American people on air)

Don't forget, remember the USD nosedived just as a lame duck from a longtime maintained stable - was it really stable ? - level of some e.g. Swiss CHF 4.30 to agonizing CHF 1.43 within only seven years. 

The US-Dollar's volatility then showed what the rest of the world was dealing with; a heavily indebted country living on the wealth of all others. Adventurous performing USD - 1977 CHF 1.43, 1980 2.93, then bumping up and down to 90ties' 1.10 to recover to some CHF 1.83 . . . . . . stable country? stable political system? never ! . . . It is rather the story of a dead man walking head over heal since quite some time.

USDollar paper flying like a boy's kite in the crosswinds
- kite on a boy's string or boy on the kite's string - this may be the question
The United States of Americas' Dollar in fact is the most manipulated currency all over the globe. The currency system has no clue about how much worthless paper is swamping over the entire world. How much fake money is lingering about. Misused to trick the ignorant citizens' system by hindering the desperate central banks' actions.


Real pirates even do not use ships nowadays - they volatiledly get hold of other countries's wealth - how to neatly get hold of quite some billions
What they did and what they will do again is to deprive other countries' economies of their wealth. Taxpayers are not directly impacted by the action taken, it happens through the backdoor of the central banks. 

For shedding a bit of light on it just read that tale. 1978 USD vs CHF 1.43 Swiss Central Bank has bought starting at much higher levels like hell, Swiss Franc liquidity to pour out of everybody's ears and nose. 

Similar situtation throughout Europe, Germany, France and all the others. Then the almighty states decided to "assist" the drowning they issued Carter bonds in Swiss Franc at levels never seen [2.125% in CH for two to three and a half years] as well as in DeutschMark denominations. 

The USA helped Europeans to neutralize their overshooting liquidity . . . . . It is true they helped ... by helping themselves as well. The Billions of Swissfrancs sold at levels of some 1.43 against US-Dollars were bound to be bought back at roughly 2.83 two to three and a half years later.


Individuals ripped off wide eyes shut
The calculus is easy: ONE $ bought for CHF 1.43 in 1978 sufficed to pay back CHF 2.83 at the redemption of the Bonds. CHF 1.40 were sneaking out of Swiss National Banks' backdoor, just cleared away right under the noses of Swiss taxpayers not noticed by the latter. 

They never got aware facts being covered by loud voices. It is about to happen again: Swiss National Bank got credit of some USD 68 Billion selling them against NON-US-currencies at levels of CHF 1.-- to 1.20 for one USD. 

Imagine when Switzerland has to pay this American loan back by buying USD at substantially higher levels - they will fix it - of .... let us just assume some CHF 2.-- per USD. What will this be?? A never ending nightmare: ONE USD will cost us twice as many Swissfrancs as at start. Twice as many ?  

Thus sixtysomething billion (roughly CHF 65'000'000'000) If this compared to GDP or actual internal debt we get the creeps.

The ancient remedy of pumping in liquidity won't work this time - the peoples' debt too heavy - internal as well as external
The USA have been struck by interest rate's gamble and are severly shaking; their president trembling, not very assuring like a priest of a lost religion. He is all but promise. Promise built on sand.

Glued to the past - antiquated view given extraordinary situation
USD considered the strongest currency all around the globe ? NEVER !!

US political system considered the most stable around the globe ? NEVER !! 

US citizens the most hardest working force in the world ?? NEVER !!

US President Obama is slapping the NON-US-world right in the face !!
What does he think? How arrogant; there still are all the others hey cannot survive without !! 

The US without the world ? The world without the US ? Who is indebted ?, the rest or them ?

Q & A - question and answer
Who was importing more than exporting ? The hardest working people in the world !

Who is living on the other countries' money ? The hardest working people in the world !
Who is consuming more than earning ? The hardest working people in the world !

Whose citizens have returned to live in tents at the cities' brims ? The hardest working people of the states !

Who is forcing countries all over the world ? The hardest working people's state !

Who is postponing all the sort of things by putting in a veto? The hardest working people's states.
The real remedy - looking forward into the future - no retrograde activities to apply

Facts
The actual system has collapsed. It already started collapsing just when durables were built without prior saving. Paper against the Marshall !
Buy first then save is the root of all the mess. Save first then buy is remedy.


M O N E Y   N O T   B A C K E D   B Y   R E A L   G O O D S    I S   U S E L E S S

Greedy managers' salaries - not really the reason - a marginal battlefield
The reason for the actual crisis is not the greed of certain individuals playing around with other people's wealth by putting it at stake. The noise about that bunch of skimming riders is just good enough to hide the truth. 

Why talk about some USD 140 Billion when Trillions are at stake. Why concentrate on collateral damage while the house is set on fire? It's just to mislead the people having kept ignorant. 

Presidential outcry is but a show we know. It is just to hit the sack instead of hitting the donkey.


Reason is the system has been built on illusions - paper for the real
The illusion is that paper keeps the wealth which is not true; it's proven. Paper is only meant to transport the value for a short lapse of time. Never to preserve. 

For to preserve real goods resources such as soil and manpower are needed. Capital for capital; never capital for paper. This has to be understood again.

Suggestion to renew the financial System
ALL currencies finally are useful only in their home-countries. For that reason it is not possible to manage currency reserves by diversification. 

At the end of the day any currency will be converted back into the original currency thus working but at home. 

This is the reason why concerted action has to be taken by all countries during the very same lapse of time.

a) The whole currency system has to be altered by the following measures taken:
1) All bills are collected and subsequently destroyed.

2) In the case old bills are replaced by modern new ones it is NOT possible to exchange central bank money (giralgeld) for bills. Individuals do not need more bills than are afloat all of a sudden.

3) All credit cards are collected for extinction. Consumers are to first pay down their debts then save and only after saving to cosume or invest in durable goods. Thus economy becomes sustained while having long-term goals to achieve. 

Financial intermediaries are not to use misleading expressions such as SAVING afterwards; saving is always BEFORE buying. Only debit cards are allowed; there are no credit lines allowed anymore.

4) Paper always buys durables or nutrition. Options are traided only on a fully covered basis; no delta hedges allowed. Futures always are paid against physical delivery. People in the need are buying from producers. Inflation thus is impossible, illusive structures whatsoever beyond control are not allowed. 

As it can be seen illusions turn the people down. Americans sell their blood, their sperm, their hair. They are about to sell even more.

5) To protect firms from takeover - friendly or unfriendly - they simply unlist from the stock exchange. No reason needed to bar somebody from the shareholders' book. The law will alter.

6) Uneven tradebalances are settled by the exchange of real goods. The biggest debtors of all times is in austerity, they cure themselves. If they do not there will be even spuds' convertibility cessation

b) replace the USD by a new worldwide economy based currencyThe example of Europe shows the way - ECU first artificiel currency proves useless

1) First Europe invented the ECU which was a currency not backed by one sole economy. The ECU only was a basket of different european currencies exchangeable only at fixed rates the latter being altered from time to time because of misbehaveing governments in terms of policies influencing the money.

2) Europe invented then the EURO, one single money meant for the whole European Community. Before inventing all the countries were to streamline their economies. The convergence of the Interest rates took place. All the countries actually had same rates.

3) X-DAY The European dealt out new money exchanged the balance sheets' currencies as well as all the bills. ECB European central bank for once had full controll on central bank money knowing about the entire mass of bills roaming about the countries up and down. [Meanwhile the US-Dollars' - fake and real - amount of bills still was, is and will be unknown to federal reserve thus US-administration. See the vital difference?!]

4) As all the countries had same relative figures inside their domestic economies there were only slight differences in yield along the whole yealcurve up to fifty years. The slight differences never the less proved the expected behaviour of different politicians thus influencing their countries' interest rates. 

Interest rates now are the price for money. The market exchanges discounted cashflows - e.g. Italy's 10 years present value against Germany's 10 years present value. First only slight spreads . . . . . have a look at them now ! Frenchs are Frenchs, Germans are Germans, Italians are Italians, others are others . . . they stay for ever what they are.

5) Only Problem all countries' individual central bankers become sheer statistical bureaucrats, no power anymore thus not on stage. They leave their vessels. The manipulative power by cheap or expensive money thus the control is surrendered to the most powerful - are they ? - economies. 

The more they count the more power and influence they have. Driven by the people's foreseen riots threatened to lose their seats.

6) In case of a unified sole currency overall the countries only decent behaving of the parliaments each member thereof elected by the souvereign, individuals, taxpayers, will lead to stability and sustainable prosperity. Each country's interest rates [the yield curve] reflect the measures taken by the parliaments then executed by the administrations' presidents or multiple headed crews.


Recommendation
Destroy the paper, deprive the crooks of measures to be taken by manipulating money

Do it ! Walk NOT talk !

copyright Thomas Ramseyer
http://www.xing.com/profile/Thomas_Ramseyer5