La declaración mostrada de ganancias (pérdidas) del corredor y el puesto de comercio en tiempo real de la sala de chat, representa mi precio de acción de los resultados comerciales de los futuros Emini TF, futuros Emini ES, Light Crude Oil CL (WTI), futuros de oro GC y futuros EuroFX 6E para mi día de negociación más reciente. La negociación de diferentes mercados mientras se observan otros mercados clave (por ejemplo, los futuros del Tesoro ZB, los futuros Eurex DAX, los futuros del dólar estadounidense DX, la divisa del Forex EURUSD) ayuda con mi análisis de volatilidad y análisis intermercado. También me ayuda a proporcionar un buen apoyo a los clientes que utilizan Advance WRB Analysis Tutorial Capítulos o Volatility Trading Report (VTR) estrategias de la señal de comercio para el comercio de otros mercados. En primer lugar, le recomendamos que lea nuestra advertencia de riesgo antes de realizar cualquier operación adicional y antes de utilizar los recursos de TheStrategyLab Advertencia de Riesgo. A continuación, debe comenzar su análisis del análisis de los precios mediante nuestra guía de estudio WRB Analysis Basic Tutorial Chapters. Sala de chat en tiempo real gratis TheStrategyLab. A continuación, si no tiene su propia estrategia de señales comerciales, puede utilizar libremente una de nuestras estrategias de señales comerciales FVB Basic que explora cambios clave en la volatilidad. Estos recursos gratuitos le darán los conceptos básicos (fundación) al Análisis de WRB y le ayudarán a mejorar el desempeño de sus propias estrategias de señales de comercio y / o mejorar su comprensión de la acción de precios que está preparando para operar siempre que cambie la volatilidad. Tutorial de Análisis de WRB Capítulos 1, 2 y 3 (Preguntas, Respuestas DOKs) 11 de julio Lunes - (DOK Capítulos 1, 2 y 3) - Demostración de conocimiento (DOK) por TSL apoyo miembro del foro dshute. sigue leyendo. Si tiene dudas sobre los méritos de utilizar cambios clave en la volatilidad y los cambios clave en la oferta / demanda a través de WRB Analysis para identificar oportunidades rentables o cualquier duda sobre nuestro apoyo para ayudar a otros operadores. Le invitamos a utilizar nuestros recursos gratuitos para su debida diligencia antes de comprar cualquiera de nuestros recursos de honorarios. Análisis de Acciones de Precio 6 de Agosto Miércoles - (Emini TF Futures) - Destacamos las Zonas WRB de la acción de precios que está negociando, solo por solicitud. Que identificará las áreas de precios que representan los cambios clave en la oferta / demanda que usted debe estar mirando para las oportunidades comerciales, la gestión comercial o como una fuente de metas de beneficios. Los gráficos de estas medidas de precio se contabilizan luego StockTwits, WRB Zones VTR Signals. Por lo tanto, póngase en contacto con nosotros y solicite un Análisis WRB de la acción de precio que está negociando. Esta es mi revista de comercio en línea a través de acción de precio de comercio con el contexto del mercado y todos los oficios se publicaron en tiempo real. Dentro de cada diario usted verá inicialmente mi declaración de PnL del corredor, imagen de mis últimos oficios publicados en la sala de la charla que correlacionan con la declaración de PnL del corredor junto con el resumen de las noticias del mercado de Yahoo Finance o Bloomberg para el día de negociación. Además, encontrará enlaces directos a los registros de chat de archivo que están marcados en el tiempo con todas mis entradas de comercio, salidas, tamaño de posición y sugerencia útil ocasional de comercio. La sala de chat es gratis. Los usuarios gratuitos y los clientes de tarifa básica publican sus declaraciones de intermediación en subprocesos privados en una ubicación diferente. Vacaciones o sala de chat cerrada. (A partir del lunes 13 de junio) SP 500 Emini ES Futuros Total Dólares 17,750.00 Total Puntos 355.00 Russell 2000 Emini TF Futuros Total Dólares 0.00 Total Puntos 0.00 Petróleo Crudo Ligero (WTI) Futuros Total Dólares 0.00 Total Puntos 0.00 Gold GC Futuros Total Dólares 0.00 Total Días rentables 19 Ninguno Días de negociación 2 Los futuros de TF, ES, NQ, YM, DAX y EuroFX se negociaron en los años 2006 y 2005. La mayoría de nuestros recursos son gratuitos a excepción de los recursos anticipados. El objetivo principal es ayudar a mejorar su comprensión de la acción de precio que está negociando y / o ayudar a mejorar sus resultados comerciales de sus propias estrategias comerciales antes de comprar cualquier cosa. El testimonio destacado es sólo uno de los muchos comerciantes que se beneficiaron de nuestros recursos, aunque tenemos algunos usuarios que no están satisfechos. Para leer otros elogios. haga clic aquí. Nota: Hemos prohibido algunos usuarios de nuestros recursos hace años por su comportamiento poco profesional, suplantando a otros usuarios, intentos de hack, múltiples alias, declaraciones de desinformación, mentir contra otros miembros o hacia mí mismo y por ser trolls en línea. Todavía están causando problemas a través de nombres de usuario como silo, Rob B, szubaark, traderob y otros alias, junto con asociarse con un criminal convicto. TheStrategyLab Archivos de registro de tiempo real de la colaboración TheStrategyLab (localizado en la red del IRC de Freenode) es una sala de chat libre usada por los comerciantes del día de la acción del precio, los comerciantes del oscilación, los comerciantes de la posición para publicar las operaciones en tiempo real, WRB Analysis se fusionó con sus métodos comerciales. Instrucciones de inicio de sesión para la sala de chat gratuita. haga clic aquí. Sin embargo, si sólo desea leer los registros archivados sala de chat. haga clic aquí. Archivado desde 2002. Vacaciones o sala de chat cerrada. Trader Book Reviews Libros destacados por YOU Trading Classic Chart Patterns y es de Thomas Bulkowski y no hay superposición con su otro libro llamado Encyclopedia of Chart Patterns. Sin embargo, sólo tenga en cuenta que sus resultados son a través de su método de comercio y se diferencian en los resultados de otra persona que tiene un método de comercio diferente para el comercio el mismo patrón. Trade Lo que usted ve: Cómo beneficiarse del reconocimiento del patrón y es un libro que vi mencionado por los comerciantes de nuestra red social que están fijando en otros foros sobre los modelos de la acción del precio del AB CD, del gartley y de la mariposa vía números de fibonacci. Diferentes libros de comerciantes se destacan más arriba y hay más libros recomendados por otros comerciantes para ayudar con la comprensión y la aplicación de la acción de precio de comercio. Por lo tanto, puede unirse a nuestro Foro de Soporte TSL para publicar sus propias revisiones personales o recomendaciones Trader Books. 6341 comerciantes registrados han descargado el libre Tutorial de análisis WRB Capítulos 1 - 3 guía de estudio desde 2008 y 78 dicen que el contenido de educación de WRB Análisis es útil. 455 comerciantes registrados han comprado nuestra metodología de comercio de volatilidad desde 2002. Actualmente, a través de declaraciones de corretaje en segmentos privados de usuarios gratuitos y clientes de tarifas, 68 son rentables. Los comerciantes que no ven una mejora en el desempeño de sus estrategias de señal de comercio, mientras que siguiendo las instrucciones de análisis de WRB representan alrededor de 15 de los usuarios. Los comerciantes que no siguen las instrucciones de Análisis WRB, que luchan más que todos los usuarios y se quejan más fuerte. Representan alrededor de 5 de los usuarios. El resto 12 de los usuarios, no sé dónde están en su comercio, ya que no me comunican ninguna información sobre su comercio con o sin WRB Analysis. Hay mucho más éxito en el comercio que las señales de comercio o análisis técnico. Si no entiende, por favor lea mi mensaje en mi registro de desempeño o póngase en contacto conmigo para obtener una explicación sobre las condiciones actuales del mercado. (Última actualización 03 de junio 2016) Gane ingresos adicionales Recomiende a otros comerciantes y usted ganará 10 a 25 y el libre acceso a nuestras estrategias comerciales cuando compran nuestros métodos de comercio Programa de Referencia. Los comerciantes en nuestro programa de referencia están ganando alrededor de 165 por mes a través de recomendar TheStrategyLab a unos pocos comerciantes cada mes. Este artículo es la Parte 4 de la serie, publicada por Global Research. La globalización y el nuevo orden mundial Los años noventa vieron surgir lo que se llamaba el Nuevo Orden Mundial. Este era un término que surgió a principios de los noventa para describir un mundo más unipolar, abordando el colapso de la Unión Soviética y el recién descubierto papel de los Estados Unidos como el único e inquebrantable poder global. El Nuevo Orden Mundial pretendía representar una nueva fase en la economía política global en la que la autoridad mundial descansaba en un lugar y, por aquel entonces, ese lugar sería Estados Unidos. En esta era se produjo la continua expansión y formación de bloques regionales, con la formación de la Unión Europea, la firma del Tratado de Libre Comercio de América del Norte (TLCAN) y la creación de la OMC. La Organización Mundial del Comercio se formó oficialmente en 1995, como sucesora de los Acuerdos Generales sobre Aranceles Aduaneros y Comercio (GATT), que se formó en 1944 en la Conferencia de Bretton Woods. La OMC gestiona el orden comercial liberal internacional. El primer Director General de la OMC fue Peter D. Sutherland, anteriormente Director General del GATT, ex Fiscal General de Irlanda, y actualmente es Presidente de British Petroleum y Goldman Sachs International, además de ser Representante Especial de United Secretario General de las Naciones Unidas para las Migraciones. También es miembro de la junta directiva del Royal Bank of Scotland Group, el Consejo de Fundación del Foro Económico Mundial, embajador de buena voluntad en la Organización de las Naciones Unidas para el Desarrollo Industrial, es miembro del Grupo Bilderberg y es Presidente Europeo de la Comisión Trilateral Y recibió la Medalla Robert Schuman por su trabajo sobre Integración Europea y el Premio David Rockefeller de la Comisión Trilateral. 1 Claramente, la OMC era un órgano de la élite de la banca occidental que se utilizaba como una herramienta para expandir e institucionalizar su control sobre el comercio mundial. El Superstate europeo En 1992 se firmó el Tratado de Maastricht, que formó oficialmente la Unión Europea en 1993. En 1994 se formó el Instituto Monetario Europeo (IME), con la creación del Banco Central Europeo (BCE) en 1998 y el único La moneda europea, el euro, debutó en 1999. En 2004, la Constitución Europea iba a ser firmada por todos los 25 estados miembros de la UE, que era un tratado para establecer una constitución para toda la Unión Europea. La Constitución fue un movimiento hacia la creación de un superestado europeo, creando un ministro de Asuntos Exteriores de la UE, y con él, la política exterior coordinada, con la UE asumiendo la sede de Gran Bretaña en el Consejo de Seguridad de la ONU, representando a todos los estados miembros de la UE. La política exterior de la UE establece el marco para crear una política de defensa de la UE, como apéndice o separación de la OTAN de la creación de un sistema de justicia europeo, definiendo la UE normas mínimas para definir los delitos y sentencias y crea La política común de asilo y de inmigración y transferiría también a la UE la facultad de garantizar la coordinación de las políticas económicas y de empleo y el Derecho de la Unión sustituiría a todas las legislaciones de los Estados miembros, Sistema del gobierno federal. 2 Vaclav Klaus, Presidente de la República Checa, ha declarado que teme que el concepto de una Unión Europea más fuerte y centralizada, como la evolución de la UE. Son realmente peligrosas con respecto a salir de una sociedad libre y moverse cada vez más hacia el control y la regulación del cerebro, y que, nosotros la República Checa pasamos medio siglo bajo los ojos comunistas. Somos más sensibles que otros europeos occidentales. Sentimos cosas, vemos cosas, tocamos cosas que no nos gustan. Para nosotros, la Unión Europea nos recuerda la organización del COMECON de Moscú para el control económico del bloque soviético. Él elaboró diciendo que la similitud con COMECON no es ideológicamente basada, pero en su estructura, las decisiones no se hacen en su propio país. Para nosotros, que vivimos la era comunista, esto es un problema. 3 La Constitución fue redactada en gran parte por Valeri Giscard d Estaing, ex Presidente de la República Francesa de 1974 a 1981. Giscard d Estaing también es miembro del Grupo Bilderberg, de la Comisión Trilateral, y también es amigo íntimo de Henry Kissinger, que co-escribió documentos con él. En 2005, los votantes franceses y holandeses respondieron a los referendos en sus países, en los que rechazaron la Constitución de la UE, que exigía la unanimidad total para pasar. En 2007, se emprendió una iniciativa para introducir el Tratado de Lisboa, que debería ser aprobado por todos los Estados miembros. Giscard d Estaing escribió un artículo para el Independent en el que afirmaba que: "La diferencia entre la Constitución original y el actual Tratado de Lisboa es más un enfoque que un contenido. Describió el proceso de creación del Tratado de Lisboa: fueron los expertos jurídicos del Consejo Europeo los encargados de redactar el nuevo texto. No han hecho ninguna nueva sugerencia. Han tomado el proyecto de constitución original, lo han separado en elementos separados, y luego los han unido, uno por uno, a los tratados existentes. El Tratado de Lisboa es, pues, un catálogo de enmiendas. Es impenetrable para el público. La principal diferencia fue que la palabra constitución fue eliminada y desterrada del texto. 4 The Telegraph informó que, aunque el Tratado dejó la palabra constitución, siguió siendo el mismo para dotar a la UE de las trampas de una potencia global y de reducir la soberanía nacional. Contiene planes para crear un Presidente de la UE, que cumplirá un mandato de dos años y medio, pero a diferencia de los jefes de Estado democráticos, será elegido por Europa y dominará los tribunales nacionales. 5 Un país de Europa ha escrito en su Constitución que requiere un referéndum sobre los tratados, y ese país es Irlanda. En junio de 2008, los irlandeses fueron a votar el Tratado de Lisboa, después de semanas y meses de ser abusados por políticos de la UE y eurocratas explicando que los irlandeses deben a Europa un voto Sí por los beneficios que la UE había otorgado a Irlanda. La historia demostrará, sin embargo, que los irlandeses no toman amablemente a ser mandados alrededor y patconzados, así que cuando fueron a las encuestas, no estaba en sus labios y en sus balotas. Los irlandeses rechazaron así el Tratado de Lisboa. Integración Norteamericana El Acuerdo de Libre Comercio entre Canadá y Estados Unidos de 1989 fue firmado por el Presidente George HW Bush y el Primer Ministro canadiense Brian Mulroney. El TLC tuvo consecuencias devastadoras para la gente de Canadá y los Estados Unidos, mientras enriquecía a la élite corporativa y política. Por ejemplo, el crecimiento del PIB disminuyó, el desempleo aumentó más desde la Gran Depresión6, y mientras tanto, Brian Mulroney entró en el mundo corporativo, del cual ahora se desempeña como miembro del consejo de Barrick Gold Corporation, además de formar parte de la Junta Asesora Internacional Del Consejo de Relaciones Exteriores, 7 de los cuales David Rockefeller sigue siendo Presidente Honorario. En 1990, los grupos de presión y grupos de reflexión del sector privado iniciaron la promoción del Tratado de Libre Comercio de América del Norte (TLCAN) para ampliar el Tratado de Libre Comercio entre Canadá y Estados Unidos para incluir a México. El TLCAN fue firmado por el entonces primer ministro canadiense Jean Chr tien, el presidente estadounidense George H. W. Bush y el presidente mexicano Carlos Salinas, en 1993, y entró en vigencia en 1994. Fue negociado durante una época en la que México estaba sufriendo reformas económicas liberales, por lo que el TLCAN tuvo el efecto de cimentar esas reformas en una constitución económica para Norteamérica. 8 David Rockefeller desempeñó un papel en el empuje por el TLCAN. En 1965 había fundado el Consejo para América Latina (CLA), que, como escribió en un artículo de 1966 en Foreign Affairs, movilizaba a las empresas privadas en todo el hemisferio para estimular y apoyar la integración económica. El CLA, escribió David, constituye un canal eficaz de cooperación entre los empresarios de los Estados Unidos y sus homólogos de los países del sur. También ofrece un medio de comunicación y consulta continua con la Casa Blanca, el Departamento de Estado y otras agencias de nuestro gobierno. 9 El CLA cambió posteriormente su nombre al Consejo de las Américas (CoA) y mantiene una relación muy estrecha con la Sociedad de las Américas, fundada al mismo tiempo que el CLA, de la cual David Rockefeller sigue siendo Presidente de ambas organizaciones. Como escribió David en su autobiografía, Memorias, en vísperas del TLCAN, el Consejo de las Américas patrocinó un Foro de las Américas, al que asistió el Presidente George H. W. Bush, que dio lugar a la convocatoria de una zona de libre comercio del Hemisferio Occidental. En 1993, David Rockefeller escribió un artículo para el Wall Street Journal, en vísperas del TLCAN, en el que abogaba por la firma del TLCAN como esencial, describiéndolo como un paso vital en el camino hacia el cumplimiento de su larga vida, Y que, todo está en su lugar y queda por hacer. 11 En 1994, México entró en una crisis financiera, a menudo llamada crisis del peso mexicano. La crisis de la deuda de los años ochenta, instigada por la subida de los tipos de interés de la Reserva Federal sobre los préstamos internacionales, hizo que México se abstuviera de sus préstamos. El FMI tuvo que entrar en escena con sus recién creados Programas de Ajuste Estructural (PAS) y reformar la economía de México a lo largo de las políticas económicas neoliberales. A fines del decenio de 1980, los Estados Unidos representaban el 73 por ciento del comercio exterior de México 12, y cuando el TLCAN entró en vigor en 1994, abrió inmediatamente los mercados estadounidenses y canadienses al 84 por ciento de las exportaciones mexicanas. México se convirtió incluso en miembro de la Organización Mundial del Comercio (OMC). La crisis del peso, que comenzó a fines de 1994, con la ascensión del presidente mexicano Zedillo, entró en 1995, y los Estados Unidos organizaron un rescate por 52 mil millones de dólares. 14 El rescate no ayudó a la economía mexicana, ya que simplemente se canalizó para pagar los préstamos a los bancos, principalmente a los bancos estadounidenses, y la crisis de 1995 fue declarada por el FMI como terminada tan pronto como los bancos y los prestamistas internacionales empezaron a Pero cinco años después de la crisis, los trabajadores apenas volvían a donde estaban de antemano. En 2002, Robert Pastor, Director del Centro de Estudios Norteamericanos en la Universidad Americana de Washington, DC, preparó un informe que presentó a la reunión de la Comisión Trilateral del mismo año. En el informe titulado "Una comunidad de América del Norte: una modesta propuesta a la Comisión Trilateral, se abogó por la continuación de la política de integración profunda en América del Norte, recomendando un plan continental de infraestructura y transporte, un plan para armonizar las políticas reguladoras, Y una moneda común. 16 El informe abogaba por la formación de una Comunidad Norteamericana y Pastor escribió que, una mayoría del público en los tres países está preparada para unirse a un país más grande de América del Norte. En 2003, antes de que Paul Martin se convirtiera en Primer Ministro de Canadá, el Consejo Canadiense de Jefes Ejecutivos (CCCE), antes BCNI, publicó en su sitio web un comunicado de prensa en el que instaban a Paul Martin a tomar la delantera en forjar un Nueva visión para América del Norte. Thomas d Aquino, Director Ejecutivo del Consejo, instó al Sr. Martin a defender la idea de una cumbre anual de los líderes de Canadá, México y Estados Unidos para dar prioridad a las cuestiones económicas, sociales y de seguridad comunes en un continente , Hemisférico y global. Entre los firmantes de esta declaración estaban todos los Vicepresidentes del CCCE, entre ellos David Emerson, que se uniría al Gabinete de Martin. 18 El CCCE lanzó entonces la Iniciativa de Seguridad y Prosperidad de América del Norte, abogando por redefinir las fronteras, maximizar las eficiencias regulatorias, negociar un pacto de seguridad integral de los recursos, revitalizar la alianza de defensa de América del Norte y crear un nuevo marco institucional. 19 El Grupo de Trabajo Independiente sobre el Futuro de América del Norte fue lanzado en 2005, compuesto por una alianza y un proyecto conjunto entre el CCCE en Canadá, el Consejo de Relaciones Exteriores (CFR) de Estados Unidos y el Consejo Mexicano de Relaciones Exteriores en Mexico. El 14 de marzo de 2005 se dio a conocer un comunicado de prensa en el que decía: "Los presidentes y vicepresidentes del Grupo de Trabajo Independiente sobre el Futuro de América del Norte emitieron hoy una declaración en la que piden una comunidad económica y de seguridad de América del Norte para 2010 20. El 23 de marzo de 2005, apenas nueve días después del comunicado de prensa del Grupo de Trabajo, los líderes de Canadá, Estados Unidos y México (Paul Martin, George W. Bush y Vicente Fox, respectivamente) anunciaron el establecimiento de la Y Prosperity Partnership of North America, que constituyó un curso de acción en un marco norteamericano para enfrentar los desafíos de seguridad y económicos. En un plazo de dos meses, el Grupo de Trabajo Independiente sobre el Futuro de América del Norte publicó su informe final, Construyendo una Comunidad Norteamericana, proponiendo la continuación de una profunda integración en la formación de una Comunidad de América del Norte, que aplaude la anunciada Asociación de Seguridad y Prosperidad América del Norte, pero propone una visión más ambiciosa de una nueva comunidad para 2010 y recomendaciones específicas sobre cómo lograrlo. 22 En la reunión del SPP de 2006, se anunció la creación de un nuevo grupo llamado Consejo de Competitividad de América del Norte (NACC), compuesto por líderes corporativos de los tres países que elaboran un informe anual y asesoran a los tres gobiernos sobre cómo Implementar el proceso SPP de integración profunda. La Secretaría en Canadá es la CCCE, y la Secretaría del grupo en los Estados Unidos está compuesta por la Cámara de Comercio de los Estados Unidos y el Consejo de las Américas. 23 El Consejo de las Américas fue fundado por David Rockefeller, del que sigue siendo Presidente Honorario, y otros miembros del consejo incluyen a individuos de JP Morgan, Merck, McDonald s, Ford, el Banco de la Reserva Federal de Nueva York, General Electric, Chevron, Shell, IBM, ConocoPhillips, Citigroup, Microsoft, Pfizer, Wal-Mart, Exxon, General Motors, Merrill Lynch, Credit Suisse y el Departamento de Hacienda de EE. UU. 24 El proceso de integración aún está en marcha y la formación de una comunidad norteamericana no está lejos, sino que debe ser seguida por una Unión Norteamericana, siguiendo el modelo de la estructura de la Unión Europea, hablando de la formación de una moneda norteamericana En el futuro, 25 que fue incluso propuesto por el ex gobernador del Banco de Canadá en Canadá. 26 El Nuevo Orden Mundial en la Teoría En un artículo de 1997 de Foreign Affairs, la revista del Consejo de Relaciones Exteriores, Anne-Marie Slaughter discutió los fundamentos teóricos del Nuevo Orden Mundial. Basándose en la proclamación de George HW Bush de un Nuevo Orden Mundial en 1991, Slaughter escribió que muchos vieron esto como la promesa de 1945 cumplida, un mundo en el cual las instituciones internacionales, encabezadas por las Naciones Unidas, garantizaron la paz y la seguridad internacionales con el apoyo activo De los problemas mundiales, los nuevos medievalistas proclaman el fin del Estado-nación, donde El resultado no es el gobierno mundial, sino la gobernanza global. Si el gobierno denota el ejercicio formal del poder por parte de las instituciones establecidas, la gobernanza denota la resolución de problemas cooperativos por un elenco cambiante ya menudo incierto. Sin embargo, Slaughter desafía los supuestos tanto de los internacionalistas liberales como de los nuevos medievalistas, y afirma que: El Estado no está desapareciendo, se está desagregando en sus partes separadas, funcionalmente distintas. Estos tribunales de partes, agencias reguladoras, ejecutivos e incluso legislaturas están en red con sus contrapartes en el exterior, creando una densa red de relaciones que constituye un nuevo orden transgubernamental, y que el transgouvernemental se está convirtiendo rápidamente en el modo más extendido y efectivo de gobernanza internacional. 28 Matanza fue Decano de la Escuela Woodrow Wilson de Asuntos Públicos e Internacionales en la Universidad de Princeton desde 2002-2009, actualmente es Director de Planificación de Políticas para el Departamento de Estado de los Estados Unidos y ha servido previamente en la junta directiva del Consejo de Relaciones Exteriores. Mark Carney, ex ejecutivo de Goldman Sachs, declaró en su discurso en el Foro Económico Internacional de las Américas que los mercados globalizados de productos, capital y trabajo se encuentran en el corazón de la región. Nuevo Orden Mundial al que debemos aspirar. Sin embargo, la próxima ola de globalización debe estar más firmemente arraigada y sus participantes más responsables, y que, dentro de nuestras economías, se requerirán grandes ajustes de existencias, mano de obra y capital. Vale la pena citarlo extensamente al decir: Aunque la demanda global y los niveles de comercio parecen acercarse a la baja, y los ajustes de inventario y trabajo ya han sido sustanciales, todavía hay más por venir. Es probable que el desempleo aumente aún más en el G-7, y los aumentos más acusados aún se producirán en aquellas economías con los mercados laborales menos flexibles. La incertidumbre sobre las perspectivas de empleo pesará sobre el consumo en la mayoría de las principales economías durante algún tiempo. El proceso de ajuste de las existencias de capital requerirá más tiempo, y es probable que el crecimiento de la inversión mundial siga siendo negativo hasta 2010. Esto servirá como un obstáculo significativo para el crecimiento mundial y se espera que reduzca el crecimiento potencial en la mayoría de las principales economías. 29 Hincapié añadido En cuanto a los ajustes laborales dentro del Nuevo Orden Mundial, hay algunos factores importantes y vitales a tener en cuenta. Entre estas preocupaciones se encuentra la noción de clases transnacionales. El capitalismo funciona en gran medida a través de divisiones de clase, con la clase dominante propietaria de los medios de producción, que, como clase, está sujeta a su propia jerarquía sobre la que presiden los que controlan y emiten monedas. En las naciones occidentales industrializadas, ha habido una gran clase media que se nutre del consumo, enriqueciendo a la burguesía de clase alta, mientras que la clase baja (o proletariado en términos marxistas), consiste en la clase obrera. En las naciones no occidentales industrializadas, generalmente denominadas Tercer Mundo, mundo en desarrollo o el Sur Global (que consiste en América Latina, África y partes de Asia), existe una división mayor en términos de líneas de clase, donde hay Una clase dirigente y una clase obrera, en gran parte vacante de una vasta clase educada. Las estructuras de clase varían de un país a otro y de una región a otra. Sin embargo, en las últimas décadas, la realidad de las estructuras de clase ha estado experimentando cambios drásticos, y con esto, la estructura del trabajo ha cambiado. En las últimas décadas, se ha producido una reestructuración concurrente de clases, en la que las clases medias del mundo bajan a la servidumbre por deudas, mientras que las clases altas del mundo han iniciado un proceso de transnacionalización. Lo que hemos visto y estamos presenciando con los acontecimientos recientes, es la transnacionalización de las estructuras de clase y, con ello, de las fuerzas de trabajo. Una fascinante escuela teórica de pensamiento dentro del campo de la Economía Política Global es la del Constructivismo Social. Los constructivistas sociales sostienen que: El mundo social y político, incluido el mundo de las relaciones internacionales, no es una entidad física o un objeto material que esté fuera de la conciencia humana. En consecuencia, el estudio de las relaciones internacionales debe centrarse en las ideas y creencias que informan a los actores en el escenario internacional, así como en el entendimiento compartido entre ellos. Ampliación de esta idea: El sistema internacional no es algo por ahí como el sistema solar. No existe por sí solo. Sólo existe como conciencia intersubjetiva entre las personas, en ese sentido el sistema está constituido por ideas, no por fuerzas materiales. Es una invención o creación humana no de tipo físico o material, sino de carácter puramente intelectual e ideacional. Es un conjunto de ideas, un cuerpo de pensamiento, un sistema de normas, que ha sido arreglado por ciertas personas en un momento y lugar en particular. Ejemplos de estructuras socialmente construidas dentro de la economía política global son las fronteras nacionales, ya que no tienen una línea física, sino que están más bien formadas por un entendimiento compartido entre diversos actores en cuanto a dónde está la frontera. La nación misma es un constructo social, ya que no tiene forma física, pero se compone de una letanía de valores, ideas, conceptos, instituciones, creencias y símbolos compartidos. Así, si los pensamientos y las ideas que entran en la existencia de las relaciones internacionales cambian, entonces el sistema mismo cambiará también, porque el sistema consiste en pensamientos e ideas. Esa es la visión detrás de la frase frecuentemente repetida por el constructivista Alexander Wendt: la anarquía es lo que los estados hacen de ella. William I. Robinson y Jerry Harris escriben en Science Society Journal que "Un proceso central para la globalización capitalista es la formación transnacional de clases, que ha ido en sintonía con la internacionalización del capital y la integración global de las estructuras productivas nacionales . Dada la integración transnacional de las economías nacionales, la movilidad del capital y la fragmentación y descentralización globales de los circuitos de acumulación, la formación de clases está progresivamente menos ligada a la territorialidad. 31 Argumentaron que ha surgido una Clase Capitalista Transnacional (TCC), y que esta TCC es una clase dominante global. Es una clase dirigente porque controla las palancas de un aparato estatal transnacional emergente y de toma de decisiones globales. 32 Esta clase no tiene fronteras y está compuesta por la élite tecnocrática, mediática, empresarial, bancaria, social y política del mundo. Como señala Jackson y Sorenson en relación con la teoría constructivista social, si la anarquía es lo que los estados hacen de ella, no hay nada inevitable o inmutable en la política mundial, y que el sistema existente es una creación de estados y si los estados cambian sus concepciones de quién Son, cuáles son sus intereses, qué quieren, etc. entonces la situación cambiará en consecuencia. Como ejemplo, afirmaron que los estados podrían decidir reducir su soberanía o incluso renunciar a su soberanía. Si eso sucediera, ya no existiría una anarquía internacional tal como la conocemos. En vez de eso, habría un valiente mundo nuevo, no anárquico, tal vez uno en el que los estados estuvieran subordinados a un gobierno mundial. Como Robinson y Harris explican en su ensayo, con el surgimiento de la Clase Capitalista Transnacional (TCC), también hay un aumento en el aparato de un Estado Transnacional (TNS), que es una red emergente que comprende la transformación y la integración externa nacional Afirma, junto con los foros económicos y políticos supranacionales, que aún no ha adquirido ninguna forma institucional centralizada. 34 Entre el aparato económico del TNS vemos el FMI, el Banco Mundial, la OMC y los bancos regionales. En el aspecto político, vemos el Grupo de los 7, Grupo de los 22, Naciones Unidas, la OCDE y la Unión Europea. Esto se aceleró aún más con la Comisión Trilateral, que reunió fracciones transnacionalizadas de la élite empresarial, política e intelectual en América del Norte, Europa y Japón. Further, the World Economic Forum has made up an important part of this class, and, I might add, the Bilderberg Group. Robinson and Harris point out that, Studies on building a global economy and transnational management structures flowed out of think tanks, university centers, and policy planning institutes in core countries. 35 The TNS apparatus has been a vital principle of organization and socialization for the transnational class, as have world class universities, transnationally oriented think tanks, the leading bourgeois foundations, such as Harvard s School of International Business, the Ford and Rockefeller and the Carnegie Foundations, and policy planning groups such as the Council on Foreign Relations. These elite planning groups are important forums for integrating class groups, developing new initiatives, collective strategies, policies and projects of class rule, and forging consensus and a political culture around these projects. 36 Robinson and Harris identify the World Economic Forum as the most comprehensive transnational planning body of the TCC and the quintessential example of a truly global network binding together the TCC in a transnational civil society. 37 I would take issue with this, and instead propose the Bilderberg Group, of which they make no mention in their article, as THE quintessential transnational planning body of the TCC, as it is composed of the elite of the elite, totally removed from public scrutiny, and acts as a secretive global think-tank of the world s 130 most powerful individuals. 38 Many Bilderberg critics will claim that the group acts as a secret world government or as the organization that makes all the key decisions for the world. However, this is not the case. Bilderberg is simply the most influential planning body, sitting atop a grand hierarchy of various planning bodies and institutions, and is itself a key part of the apparatus of the formation of a Transnational State, but is not, in and of itself, a world government. It is a global think tank, which holds the concept of a world government in high regard and often works to achieve these ends, but it should not be confused with being the end it seeks. The economic crisis is perhaps the greatest opportunity ever given to the TCC in re-shaping the world order according to their designs, ideals and goals. Through destruction, comes creation and for these high-placed individuals within the TCC, destruction is itself a form of creation. In terms of reshaping labour and class structures, the economic crisis provides the ground on which a new global class structure will be built. A major problem for the Transnational Capitalist Class and the formation of a Transnational State, or world government, is the lack of continuity in class structures and labour markets throughout the world. A transnational ruling class, or Superclass as David Rothkopf referred to it in his book of the same name (and is, himself, a member of the Superclass), has emerged. It has no borders, yet has built a general continuity and consensus of goals among its members, albeit there are differences and conflicts within the class, but they are based upon the means of achieving the stated ends, rather than on the ends itself. There is not dissent within the ruling class on the aims of achieving a world governing body the dissent is in how to achieve this, and in terms of what kind of structure, theoretical and philosophical leanings, and political orientation such a government would have. To achieve these ends, however, all classes must be transnationalized, not simply the ruling class. The ruling class is the first class to be transnationalized, because transnationalization was the goal of the ruling classes based in the powerful Western European nations, (and later in the United States), that started the process of transnationalization or internationalization. Now that there is an established Superclass of a transnational composition, the other classes must follow suit. The middle class is targeted for elimination in this sense, because most of the world has no middle class, and to fully integrate and internationalize a middle class, this would require industrialization and development in places such as Africa, and certain places in Asia and Latin America, and would represent a massive threat to the Superclass, as it would be a valve through which much of their wealth and power would escape them. Their goal is not to lose their wealth and power to a transnational middle class, but rather to extinguish the notion of a middle class, and transnationalize a lower, uneducated, labour oriented class, through which they will secure ultimate wealth and power. The economic crisis serves these ends, as whatever remaining wealth the middle class holds is in the process of being eliminated, and as the crisis progresses, or rather, regresses, and accelerates, the middle classes of the world will suffer, while a great percentage of lower classes of the world, poverty-stricken even prior to the crisis, will suffer the greatest, most probably leading to a massive reduction in population levels, particularly in the developed or Third World states. Many would take issue with such a thesis as being an objective of the Transnational Capitalist Class, as capitalism needs a large population, specifically a middle class population, in order to have a market of consumers for their products. Though this is true with how we presently understand the capitalist system and structure, we must also take note that capitalism, itself, is always changing and redefining itself. Through a social constructivist perspective, which I would argue, is very apt in this analysis, such a notion is not inconceivable, as if the capitalist class were to redefine capitalism itself, capitalism itself would change. It must be addressed that there would be a great many individuals within the TCC or Superclass (Rothkopf estimates the number at 6,000 individuals within the ruling class), who would take issue with eliminating their base for profit making, however, as a total restructuring of the capitalist system and global political economy as a whole is undertaken, the TCC itself is not immune to such drastic and rapid changes itself. In fact, it would be unimaginable to think that it would remain as it currently is. Rothkopf explains that with 6,000 members of the Superclass, that equals roughly one member of the superclass for every 1 million people in the world. As the composition, class structures, and numbers of the world population drastically alter over the next years and decades, so too will the superclass itself. It too, will be subject to a cleansing so to speak, in which the big players will collapse and consolidate many of the smaller players. The Monetary Structure of a Global Government A Global Currency Following the April 2009 G20 Summit, leaders issued a communiqu which set the groundwork for the creation of a global currency to replace the US dollar as the world reserve currency. The communiqu stated that, We have agreed to support a general SDR allocation which will inject 250bn ( 170bn) into the world economy and increase global liquidity. SDRs, or Special Drawing Rights, are a synthetic paper currency issued by the International Monetary Fund. As the Telegraph reported, the G20 leaders have activated the IMF . In doing so, they are putting a de facto world currency into play. It is outside the control of any sovereign body. Conspiracy theorists will love it. 39 In 1988, the Economist featured an article called Get Ready for the Phoenix, which said, THIRTY years from now, Americans, Japanese, Europeans, and people in many other rich countries and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let and the very trends that will make it mount are making the utopia of monetary union feasible. emphasis added 40 Paul Volcker, former Governor of the Federal Reserve System, said in 2000, that, If we are to have a truly global economy, a single world currency makes sense, and a member of the Executive Board of the European Central Bank reaffirmed Volcker s comment, stating that, we might one day have a single world currency. Maybe European integration, in the same way as any other regional integration, could be seen as a step towards the ideal situation of a fully integrated world. If and when this world will see the light of day is impossible to say. However, what I can say is that this vision seems as impossible now to most of us as a European monetary union seemed 50 years ago, when the process of European integration started. 41 A Central Bank of the World Jeffrey Garten has written several articles calling for the creation of a global central bank, or a global fed. Garten was former Dean of the Yale School of Management, former Undersecretary of Commerce for International Trade in the Clinton administration, previously served on the White House Council on International Economic Policy under the Nixon administration and on the policy planning staffs of Secretaries of State Henry Kissinger and Cyrus Vance of the Ford and Carter administrations, former Managing Director at Lehman Brothers, and is a member of the Council on Foreign Relations. In 1998, he wrote an article for the New York Times stating that the world needs a global central bank, and that, An independent central bank with responsibility for maintaining global financial stability is the only way out. No one else can do what is needed: inject more money into the system to spur growth, reduce the sky-high debts of emerging markets, and oversee the operations of shaky financial institutions. A global central bank could provide more money to the world economy when it is rapidly losing steam. 42 Following the outbreak of the current financial crisis, Garten wrote an article for the Financial Times in which he called for the establishment of a Global Monetary Authority to oversee markets that have become borderless. 43 In October of 2008, he wrote an article for Newsweek stating that, leaders should begin laying the groundwork for establishing a global central bank. He explained that, There was a time when the U. S. Federal Reserve played this role as governing financial authority of the world , as the prime financial institution of the world s most powerful economy, overseeing the one global currency. But with the growth of capital markets, the rise of currencies like the euro and the emergence of powerful players such as China, the shift of wealth to Asia and the Persian Gulf and, of course, the deep-seated problems in the American economy itself, the Fed no longer has the capability to lead single-handedly. 44 Building upon the model of the European Union, the world is being divided into large continental regional blocs, with regional monetary systems and governments. This will make up the managed blocs of a global government, and mark a significant process in the hard road to world order, as Richard N. Gardner called it, in which national sovereignty is eroded piece by piece. Regionalism marks the current phase of the move to the formation of a global government. Friedrich List critiqued liberal cosmopolitanism, stating that economic integration had never preceded political integration, however the elites have and are successfully challenging this notion. In the New World Order, economic integration is preceding political integration into a world governance structure. The European Union began as a series of free trade agreements, became a monetary union, and is in the process of being formed into a single continental superstate. North American integration began with a series of free trade agreements, defense and security agreements, and is in the process of moving towards monetary and bureaucratic integration into a North American Community. A Union and North American superstate are not far in the distance. A North American currency is openly discussed and proposed by leading think tanks, billionaire investors, as well as the Governor of the Bank of Canada. The likely name of such a currency is the Amero. 45 Meanwhile, globally, markets are heavily integrating. In 2007, it was reported that the European Union and the United States were beginning the process of transatlantic economic integration. 46 In 2008, it was announced that, Canadian and European officials say they plan to begin negotiating a massive agreement to integrate Canada s economy with the 27 nations of the European Union, under deep economic integration negotiations, and The proposed pact would far exceed the scope of older agreements such as NAFTA. 47 This, essentially, is a means of integrating with the North American Community before the Community is officially formed an act of pre-emptive integration. In 2007, the Council on Foreign Relations journal, Foreign Affairs, ran an article titled, The End of National Currency. Discussing the volatility of national currencies, the article stated that, The right course is not to return to a mythical past of monetary sovereignty, with governments controlling local interest and exchange rates in blissful ignorance of the rest of the world. Governments must let go of the fatal notion that nationhood requires them to make and control the money used in their territory. National currencies and global markets simply do not mix together they make a deadly brew of currency crises and geopolitical tension and create ready pretexts for damaging protectionism. In order to globalize safely, countries should abandon monetary nationalism and abolish unwanted currencies, the source of much of today s instability. Further, Monetary nationalism is simply incompatible with globalization. It has always been, even if this has only become apparent since the 1970s, when all the world s governments rendered their currencies intrinsically worthless. The author states that, Since economic development outside the process of globalization is no longer possible, countries should abandon monetary nationalism. Governments should replace national currencies with the dollar or the euro or, in the case of Asia, collaborate to produce a new multinational currency over a comparably large and economically diversified area. 48 In 2008, the Union of South American Nations (UNASUR) was formed, a regional body aimed at boosting economic and political integration in the region, 49 which will seek a common currency as part of the region s integration efforts, as well as a common central bank. 50 The Gulf Cooperation Council, a regional bloc of Arab Middle Eastern governments, is pursuing economic integration in the form of a common central bank and a common currency. 51 Similarly, there has been much discussion of an Asian Monetary Union and East Asian economic integration, specifically being touted as a solution to the prevention of future economic crises in East Asia like that which hit it in 1997. 52 Integration would be modeled upon the East Asian regional block of ASEAN (Association of Southeast Asian Nations), and in 2008, ASEAN bank deputy governors and financial deputy ministers have met in Vietnam s central Da Nang city, discussing issues on the financial and monetary integration and cooperation in the region. 53 Further, Africa is being organized as a regional bloc under the African Union, and is also pursuing regional economic integration, and has even set the agenda for the creation of a continental African central bank and the formation of a single African currency. 54 In 2006, the Bank for International Settlements suggested ditching many national currencies in favour of a small number of formal currency blocks based on the dollar, euro and renminbi or yen. 55 Constructing the Political Structure of a Global Government Strobe Talbott, Deputy Secretary of State in the Clinton administration from 1994 to 2001, is also a member of the Council on Foreign Relations and the Trilateral Commission and is currently President of the Brookings Institution, a prominent US think tank. In 1992, before becoming Deputy Secretary of State, he wrote an article for Time Magazine originally titled, The Birth of the Global Nation, which has now, in the Time Magazine archives, been renamed America Abroad. In the article, he states that within the next 100 years, nationhood as we know it will be obsolete all states will recognize a single, global authority. A phrase briefly fashionable in the mid-20th century will have assumed real meaning by the end of the 21st. Interestingly, Talbott endorses the social constructivist perspective of nation-states and international order, stating that, All countries are basically social arrangements, accommodations to changing circumstances. No matter how permanent and even sacred they may seem at any one time, in fact they are all artificial and temporary. Through the ages, there has been an overall trend toward larger units claiming sovereignty and, paradoxically, a gradual diminution of how much true sovereignty any one country actually has. He explained that empires were a powerful force for obliterating natural and demographic barriers and forging connections among far-flung parts of the world, and following that, Empire eventually yielded to the nation-state, and that, The main goal driving the process of political expansion and consolidation was conquest. The big absorbed the small, the strong the weak. National might made international right. Such a world was in a more or less constant state of war. Talbott states that, perhaps national sovereignty wasn t such a great idea after all. He continued, saying that, it has taken the events in our own wondrous and terrible century to clinch the case for world government. With the advent of electricity, radio and air travel, the planet has become smaller than ever, its commercial life freer, its nations more interdependent and its conflicts bloodier. Further, Each world war inspired the creation of an international organization, the League of Nations in the 1920s and the United Nations in the as perpetrated by the Nazis and the Soviets. It threatened the very idea of democracy and divided the world. Thus The advocacy of any kind of world government became highly suspect. However, as Talbott points out, Soviet expansion led the way for NATO expansion, and The cold war also saw the European Community pioneer the kind of regional cohesion that may pave the way for globalism. On top of that, the free world formed multilateral financial institutions that depend on member states out of chaos comes order. In prescribing a solution, Talbott postulates that, The best mechanism for democracy, whether at the level of the multinational state or that of the planet as a whole, is not an all-powerful Leviathan or centralized superstate, but a federation, a union of separate states that allocate certain powers to a central government while retaining many others for themselves. 56 In a 1974 issue of Foreign Affairs, Richard N. Gardner wrote about the formation of the New World Order. Gardner, a former American ambassador to the United Nations, Italy and Spain, is also a member of the Trilateral Commission. In his article, The Hard Road to World Order, Gardner wrote that, The quest for a world structure that secures peace, advances human rights and provides the conditions for economic progress for what is loosely called world order has never seemed more frustrating but at the same time strangely hopeful. 57 He explained that, few people retain much confidence in the more ambitious strategies for world order that bad wide backing a generation ago world federalism, charter review, and world peace through world law . Further, The same considerations suggest the doubtful utility of bolding a UN Charter review conference. 58 Gardner wrote, If instant world government, Charter review, and a greatly strengthened International Court do not provide the answers, what hope for progress is there The answer will not satisfy those who seek simple solutions to complex problems, but it comes down essentially to this: The hope for the foreseeable future lies, not in building up a few ambitious central institutions of universal membership and general jurisdiction as was envisaged at the end of the last war, but rather in the much more decentralized, disorderly and pragmatic process of inventing or adapting institutions of limited jurisdiction and selected membership to deal with specific problems on a case-by-case basis, as the necessity for cooperation is perceived by the relevant nations. He then stated, In short, the famous description of reality, but an end run around national sovereignty, eroding it piece by piece, will accomplish much more than the old-fashioned frontal assault. 59 In the 2001 issue of Foreign Affairs, Richard Falk and Andrew Strauss wrote an article titled, Toward Global Parliament. They wrote that, International governance is no longer limited to such traditional fare as defining international borders, protecting diplomats, and proscribing the use of force. Many issues of global policy that directly affect citizens are now being shaped by the international system. Workers can lose their jobs as a result of decisions made at the WTO or within regional trade regimes. 60 In 2006, a UN report stated that, the nation-state is an old-fashioned concept that has no role to play in a modern globalised world. 61 Further, As with citizen groups, elite business participation in the international system is becoming institutionalized. The best example is the World Economic Forum in Davos, Switzerland. In the 1980s, the WEF transformed itself from an organization devoted to humdrum management issues into a dynamic political forum. Once a year, a thousand of the world s most powerful business executives get together with another thousand of the world s senior policymakers to participate in a week of roundtables and presentations. The WEF also provides ongoing arenas for discussion and recommendations on shaping global policy. They continue in explaining that, The Davos assembly and overlapping networks of corporate elites, such as the International Chamber of Commerce, have been successful in shaping compatible global policies. Their success has come in the expansion of international trade regimes, the modest regulation of capital markets, the dominance of neoliberal market philosophy, and the supportive collaboration of most governments, especially those of rich countries. 62 In explaining the purpose of a global parliament, essentially to address the democratic deficit created by international organizations, the authors wrote that, Some business leaders would certainly oppose a global parliament because it would broaden popular decision-making and likely press for transnational regulations. But others are coming to believe that the democratic deficit must be closed by some sort of stakeholder accommodation. After all, many members of the managerial class who were initially hostile to such reform came to realize that the New Deal or its social-democratic equivalent in Europe was necessary to save capitalism. Many business leaders today similarly agree that democratization is necessary to make globalization politically acceptable throughout the world. Essentially, its purpose would be to give globalization grassroots acceptance and legitimacy. 63 David Rothkopf, a scholar at the Carnegie Endowment for International Peace, former Deputy Undersecretary of Commerce for International Trade in the Clinton administration, former managing director of Kissinger and Associates, and a member of the Council on Foreign Relations, recently wrote a book titled, Superclass: The Global Power Elite and the World They are Making. As a member of that superclass, his writing should provide a necessary insight into the construction of this New World Order. He states that, In a world of global movements and threats that don t present their passports at national borders, it is no longer possible for a nation-state acting alone to fulfill its portion of the social contract. He wrote that, progress will continue to be made, however, it will be challenging, because it undercuts many national and local power structures and cultural concepts that have foundations deep in the bedrock of human civilization, namely the notion of sovereignty. He further wrote that, Mechanisms of global governance are more achievable in today s environment, and that these mechanisms are often creative with temporary solutions to urgent problems that cannot wait for the world to embrace a bigger and more controversial idea like real global government. 64 Jacques Attali, founder and former President of the European Bank for Reconstruction and Development, and economic adviser to French President Nicholas Sarkozy, interviewed on EuroNews, said that, either we re heading towards a world government or we re going to put national issues first. The interviewer stated that the idea of world government will frighten many people, to which Attali responded, Indeed, that s only to be expected, because it seems like a fantasy. But there is already global authority in many areas, and that, even if it s hard to think of a European government at the moment, which is there, but very weak, Europe can at least press on its experience to the world. If they re not capable of creating an economic framework along side a political framework, then they re never going to do it on a global scale. And then the world economic model will break up, and we ll be back to the Great Depression. 65 In December of 2008, the Financial Times published an article titled, And Now for A World Government, in which the author, former Bilderberg attendee, Gideon Rachman, wrote that, for the first time in my life, I think the formation of some sort of world government is plausible, and that, A world government would involve much more than co-operation between nations. It would be an entity with state-like characteristics, backed by a body of laws. The European Union has already set up a continental government for 27 countries, which could be a model. The EU has a supreme court, a currency, thousands of pages of law, a large civil service and the ability to deploy military force. He stated that, it is increasingly clear that the most difficult issues facing national governments are international in nature: there is global warming, a global financial crisis and a global war on terror . He wrote that the European model could go global and that a world government could be done, as The financial crisis and climate change are pushing national governments towards global solutions, even in countries such as China and the US that are traditionally fierce guardians of national sovereignty. He quoted an adviser to French President Nicolas Sarkozy as saying, Global governance is just a euphemism for global government, and that the core of the international financial crisis is that we have global financial markets and no global rule of law. However, Rachman states that any push towards a global government will be a painful, slow process. He then states that a key problem in this push can be explained with an example from the EU, which has suffered a series of humiliating defeats in referendums, when plans for ever closer union have been referred to the voters. In general, the Union has progressed fastest when far-reaching deals have been agreed by technocrats and politicians and then pushed through without direct reference to the voters. International governance tends to be effective, only when it is anti-democratic. Emphasis added 66 In November of 2008, the United States National Intelligence Council (NIC), the US intelligence community s center for midterm and long-term strategic thinking, released a report that it produced in collaboration with numerous think tanks, consulting firms, academic institutions and hundreds of other experts, among them are the Atlantic Council of the United States, the Wilson Center, RAND Corporation, the Brookings Institution, American Enterprise Institute, Texas A M University, the Council on Foreign Relations and Chatham House in London. 67 Outlining the global trends that the world will be going through up to the year 2025, the report states that the financial crisis will require long-term efforts to establish a new international system. It suggests that as the China-model for development becomes increasingly attractive, there may be a decline in democratization for emerging economies, authoritarian regimes, and weak democracies frustrated by years of economic underperformance. Further, the dollar will cease to be the global reserve currency, as there would likely be a move away from the dollar. 68 Further, the dollar will become something of a first among equals in a basket of currencies by 2025. This could occur suddenly in the wake of a crisis, or gradually with global rebalancing. 69 The report elaborates on the construction of a new international system, stating that, By 2025, nation-states will no longer be the only and often not the most important actors on the world stage and the international system will have morphed to accommodate the new reality. But the transformation will be incomplete and uneven. Further, it would be unlikely to see an overarching, comprehensive, unitary approach to global governance. Current trends suggest that global governance in 2025 will be a patchwork of overlapping, often ad hoc and fragmented efforts, with shifting coalitions of member nations, international organizations, social movements, NGOs, philanthropic foundations, and companies. It also notes that, Most of the pressing transnational problems including climate change, regulation of globalized financial markets, migration, failing states, crime networks, etc. are unlikely to be effectively resolved by the actions of individual nation-states. The need for effective global governance will increase faster than existing mechanisms can respond. 70 The report discusses regionalism, and stated that, Asian regionalism would have global implications, possibly sparking or reinforcing a trend toward three trade and financial clusters that could become quasi-blocs (North America, Europe, and East Asia). These blocs would have implications for the ability to achieve future global World Trade Organization agreements and regional clusters could compete in the setting of trans-regional product standards for IT, biotech, nanotech, intellectual property rights, and other new economy products. 71 In discussing democracy and democratization, the report stated that, advances are likely to slow and globalization will subject many recently democratized countries to increasing social and economic pressures that could undermine liberal institutions. This is largely because the better economic performance of many authoritarian governments could sow doubts among some about democracy as the best form of government. The surveys we consulted indicated that many East Asians put greater emphasis on good management, including increasing standards of livings, than democracy. Further, even in many well-established democracies, surveys show growing frustration with the current workings of democratic government and questioning among elites over the ability of democratic governments to take the bold actions necessary to deal rapidly and effectively with the growing number of transnational challenges. 72 In other words, well established democracies, such as those in Western Europe and North America, will, through successive crises (climate, finance, war), erode and replace their democratic systems of government with totalitarian structures that are able to take the bold actions necessary to deal with transnational challenges. David Rockefeller wrote in his book, Memoirs, that, For more than a century ideological extremists at either end of the political spectrum have seized upon well-publicized incidents such as my encounter with Castro to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as s the charge, I stand guilty, and I am proud of it . (Empahsis added) 73 The Global Economic Crisis in Context The current global economic crisis has its roots not in the Bush administration, which is linear and diluted thinking at best, but in the systematic nature of the global capitalist system. Crisis is not separate from capital crisis is capitalist expansion. In addressing the foundations of the economic crisis, neo-Marxist theory can help explain much of the actions and functions that led to the crisis. In 2006, Walden Bello wrote an article for Third World Quarterly, in which he explained that, The crisis of globalisation and over-accumulation is one of the three central crises that are currently eroding US hegemony. The other two are the over-extension of US military power and the crisis of legitimacy of liberal democracy. He explained that, Monetary manipulation, via the high interest rate regime initiated by Federal Reserve Chief Paul Volcker in the late 1980s, while directed at fighting inflation, was also geared strategically at channeling global savings to the USA to fuel economic expansion. One key consequence of this momentous move was the Third World debt crisis of the early 1980s, which ended the boom of the economies of the South and led to their resubordination to the Northern capitalist centres. 74 The economic foundations of the current crisis were laid in the Clinton globalist project. As Bello explained, The administration embraced globalisation as its Grand Strategy that is, its fundamental foreign policy posture towards the world. Further, The dominant position of the USA allowed the liberal faction of the US capitalist class to act as a leading edge of a transnational ruling elite in the process of formation a transnational elite alliance that could act to promote the comprehensive interest of the international capitalist class. 75 Bello then explained that, the dominant dynamic of global capitalism during the Clinton period one that was the source of its strength as well as its Achilles Heel was not the movement of productive capital but the gyrations of finance capital. The dominance of finance capital was a result of the declining profitability of industry brought about by the crisis of overproduction. By 1997 profits in US industry had stopped growing. Financial speculation, or what one might conceptualise as the squeezing of value from already created value, became the most dynamic source of profitability. This was termed financialization, and it had many components that composed its structure and led way for its dominance. Among these were the Elimination of restrictions dating back to the 1930s that had created a Chinese Wall between investment banking and commercial banking in the USA opened up a new era of rapid consolidation in the US financial sector. 76 Specifically, this is in reference to the repealing of the Glass-Steagall Act, put in place in 1933 in response to the actions that created the Great Depression, which undertook banking reforms, specifically those designed to limit speculation. In 1987, the Federal Reserve Board voted to ease regulations under Glass-Steagall, after hearing proposals from Citicorp, J. P. Morgan and Bankers Trust advocating the loosening of Glass-Steagall restrictions to allow banks to handle several underwriting businesses, including commercial paper, municipal revenue bonds, and mortgage-backed securities. And, In August 1987, Alan Greenspan formerly a director of J. P. Morgan and a proponent of banking deregulation became chairman of the Federal Reserve Board. In 1989, the Fed Board approve d an application by J. P. Morgan, Chase Manhattan, Bankers Trust, and Citicorp to expand the Glass-Steagall loophole to include dealing in debt and equity securities in addition to municipal securities and commercial paper. In 1990, J. P. Morgan became the first bank to receive permission from the Federal Reserve to underwrite securities. In 1998, the House of Representatives passed legislation by a vote of 214 to 213 that allow ed for the merging of banks, securities firms, and insurance companies into huge financial conglomerates. And in 1999, After 12 attempts in 25 years, Congress finally repeal ed Glass-Steagall, rewarding financial companies for more than 20 years and 300 million worth of lobbying efforts. 77 It was in the late 1990s, with the stock market surging to unimaginable heights, large banks merging with and swallowing up smaller banks, and a huge increase in banks having transnational branches, Wall Street and its many friends in congress wanted to eliminate the regulations that had been intended to protect investors and stabilize the financial system. Hence the Gramm-Leach-Bliley Act of 1999 repealed key parts of Glass-Steagall and the Bank Holding Act and allowed commercial and investment banks to merge, to offer home mortgage loans, sell securities and stocks, and offer insurance. 78 One of the architects of the repeal of Glass-Steagall was Clinton Treasury Secretary Robert Rubin. Rubin spent 26 years with Goldman Sachs before entering the Treasury. Robert Rubin worked closely with Alan Greenspan to oppose the regulation of derivatives, and was backed up by his Deputy Treasury Secretary, Lawrence Summers. Rubin, upon leaving the Treasury, went to work as an executive with Citigroup. 79 Robert Rubin is currently the Co-Chairman of the Council on Foreign Relations. Lawrence Summers was a former Chief Economist for the World Bank before being Deputy Treasury Secretary in the Clinton administration. He then became President of Harvard University, and is now Director of the White House National Economic Council in the Obama administration. The current Treasury Secretary, Timothy Geithner, was former President of the Federal Reserve Bank of New York, and is also a Robert Rubin prot g . The Clinton years saw the rise of derivatives, which are financial instruments (or contracts), the prices of which are derived from one or more underlying assets, indexes, or other items. The value of a derivative changes as the value of the underlying asset changes. They are used to hedge risks but also as instruments of speculation. Derivatives, which monetised and traded risk in the exchange of a whole range of commodities, are a key factor that led to the economic crisis. Another cause of the crisis was The creation of massive consumer credit to fuel consumption, with much of the source of this capital coming from foreign investors, which created a dangerous gap between the consumers debt and their income, opening up the possibility of consumer collapse or default that would carry away both consumers and their creditors. Further, the stock market s role in driving growth played a part in paving the way for a financial crisis. Stock market activity drove, in particular, the so-called technology sector, creating a condition of virtual capitalism whose dynamics were based on the expectation of future profitability rather than on current performance, which was the iron rule in the real economy . 80 The Federal Reserve, under Alan Greenspan, initially created the dot-com bubble, providing liquidity for speculation into the stock market and virtual capitalism, 81 and when that dot-com bubble burst, as all bubbles do, Greenspan and the Fed created the housing bubble by cutting interests rates and offering more Adjustable Rate Mortgages (AMRs), with Fannie Mae and Freddie Mac encouraging banks to make the high-risk loans. 82 Speculation had proven itself to be a powerful weapon of finance capital. In the 1990s, this was first exemplified by a speculative attack on the peso that had investors in panic cashing their pesos for dollars, leading to the devaluation and collapse of the Mexican economy in 1994, and later in East Asia in 1997. One hundred billion dollars in speculative capital flooded into the region between 1994 and 1997 as countries liberalised their capital accounts. This speculative money flowed into real estate and the stock market, which resulted in over-investment, and Smelling crisis in the air, hedge funds and other speculators targeted the Thai baht, Korean won and other currencies, triggering a massive financial panic that led to the drastic devaluation of these currencies and laid low Asia s tiger economies. In a few short weeks in the summer of 1997 some 100 billion rushed out of the Asian economies, leading to a drastic reversal of the sizzling growth that had marked those economies in the preceding decade. In less than a month, some 21 million Indonesians and one million Thais found themselves thrust under the poverty line. 83 This was known as the East Asian Financial Crisis. This crisis helped precipitate the Russian financial crisis in 1998, as well as financial troubles in Brazil and Argentina that contributed to the spectacular unraveling of Argentina s economy in 2001 and 2002, when the economy that had distinguished itself as the most faithful follower of the IMF s prescriptions of trade and financial liberalisation found itself forced to declare a default on 100 billion of its 140 billion external debt. 84 The current crisis is not over. The parallels between the current crisis and the Great Depression are frightening. This trend of building speculative bubbles is reminiscent of the 1920s stock market speculation-driven bubble built by the Federal Reserve, which eased interest rates, provided liquidity to the banks and actively encouraged speculation. Bubbles that were created then burst. In 1932, Congressman Louis T. McFadden stated before the Congress that the Federal Reserve banks are not government agencies, but are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers foreign and domestic speculators and swindlers and rich and predatory money lenders. 85 Following the creation of the Fed in 1913, Congressman Charles A. Lindbergh said, From now on, depressions will be scientifically created. Indeed, he was right. The current crisis, likely leading to a Great Depression, is being used as the primary means through which a global government is being constructed. In 2007, UK Prime Minister Gordon Brown called for a new world order in reforming the UN, World Bank, IMF and G7. 86 When the bank Bear Stearns collapsed, due to its heavy participation in the mortgage securities market, the Federal Reserve purchased the bank for JP Morgan Chase, whose CEO sits on the board of the New York Federal Reserve Bank. Shortly after this action, a major financial firm released a report saying that banks face a new world order of consolidation and acquisitions. 87 In October of 2008, Gordon Brown said that we must have a new Bretton Woods building a new international financial architecture for the years ahead. He continued in saying that, we must now reform the international financial system around the agreed principles of transparency, integrity, responsibility, good housekeeping and co-operation across borders. An article in the Telegraph reported that Gordon Brown would want to see the IMF reformed to become a global central bank closely monitoring the international economy and financial system. 88 In an op-ed for the Washington Post, Gordon Brown wrote that the new Bretton Woods should build upon the concept of global governance. 89 There were also calls for a global economic policeman, perhaps in the form of the Bank for International Settlements (BIS). 90 In November of 2008, it was reported that Baron David de Rothschild shares most people s view that there is a new world order. In his opinion, banks will deleverage and there will be a new form of global governance. 91 Out of the ashes of the financial crisis, a new world order will emerge in constructing a global government. 1 Membership, Peter Sutherland. 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Fernwood Books, 2006: Page 120 15 Joseph Stiglitz, Globalization and its Discontents. W. W. Norton Co. 2003: page 121 16 Robert Pastor, A North American Community: A Modest Proposal to the Trilateral Commission. The Trilateral Commission: Toronto, Ontario: November 1-2, 2002: american. edu/internationalaffairs/cnas/PastorTrilateral. pdf. page 4 17 Robert Pastor, A North American Community: A Modest Proposal to the Trilateral Commission. The Trilateral Commission: Toronto, Ontario: November 1-2, 2002: american. edu/internationalaffairs/cnas/PastorTrilateral. pdf. page 6 18 News and Information, Paul Martin Urged to Take the Lead in Forging a New Vision for North American Cooperation. CCCE: November 5, 2003: ceocouncil. ca/en/view/ document id 38 type id 1 20 News and Information, Trinational Call for a North American Economic and Security Community by 2010. CCCE: March 14, 2005: ceocouncil. ca/en/view/ document id 395 21 Office of the Press Secretary, Joint Statement by President Bush, President Fox, and Prime Minister Martin. The White House: March 23, 2005: whitehouse. gov/news/releases/2005/03/20050323-2 22 CFR, Building a North American Community. Independent Task Force on the Future of North America: May 2005: cfr /publication/8102/building a north american community 23 Issues Center, North American Competitiveness Council (NACC). US Chamber of Commerce: uschamber /issues/index/international/nacc. htm 25 Herbert Grubel, Fix the Loonie. The Financial Post: January 18, 2008: Herbert Grubel, The Case for the Amero. The Fraser Institute: September 1, 1999: Thomas Courchene and Richard Harris, From Fixing to Monetary Union: Options for North American Currency Integration. DISCOS COMPACTOS. Howe Institute, June 1999: Consider a Continental Currency, Jarislowsky Says. The Globe and Mail: November 23, 2007: 26 Barrie McKenna, Dodge Says Single Currency Possible . The Globe and Mail: May 21, 2007 27 Anne-Marie Slaughter, The Real New World Order. Foreign Affairs: September/October, 1997: pages 183-184 28 Anne-Marie Slaughter, The Real New World Order. Foreign Affairs: September/October, 1997: pages 184-185 29 Mark Carney, Remarks by Mark Carney, Governor of the Bank of Canada to the International Economic Forum of the Americas / Conference of Montreal. The Bank of Canada: June 11, 2009: bankofcanada. ca/en/speeches/2009/sp110609 30 Robert Jackson and Georg S rensen, Introduction to International Relations: Theories and Approaches, Third Edition, OUP 2006: page 162 31 William I. Robinson and Jerry Harris, Towards a Global Ruling Class Globalization and the Transnational Capitalist Class. Science Society, Vol. 64, No. 1, Spring 2000: pages 11-12 32 William I. 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Science Society, Vol. 64, No. 1, Spring 2000: page 30 40 Get ready for the phoenix. The Economist: Vol. 306: January 9, 1988: pages 9-10 41 ECB, The euro and the dollar new imperatives for policy co-ordination. Speeches and Interviews: September 18, 2000: ecb. int/press/key/date/2000/html/sp000918.en 43 Jeffrey Garten, Global authority can fill financial vacuum. The Financial Times: September 25, 2008: ft /cms/s/0/7caf543e-8b13-11dd-b634-0000779fd18c nclick check 1 44 Jeffrey Garten, We Need a Bank Of the World. Newsweek: October 25, 2008: newsweek /id/165772 45 Andrew Gavin Marshall, North-American Monetary Integration: Here Comes the Amero. Global Research: January 20, 2008: globalresearch. ca/index context va aid 7854 46 Commission Europ enne, EU and US to sign up to transatlantic economic integration plan at Washington Summit on 30 April. UN: April 27, 2007: eu-un. europa. eu/articles/fr/article 6987 fr. htm 47 Andrew Coyne, The crossroads of international trade. Macleans: September 18, 2008: www2.macleans. ca/tag/council-of-canadians/ 48 Benn Steil, The End of National Currency. Foreign Affairs: Vol. 86, Issue 3, May/June 2007: pages 83-96 51 AME Info, GCC: Full steam ahead to monetary union. September 19, 2005: ameinfo /67925 Forbes, TIMELINE-Gulf single currency deadline delayed beyond 2010. Forbes: March 23, 2009: forbes /feeds/afx/2009/03/24/afx6204462 52 Barry Eichengreen, International Monetary Arrangements: Is There a Monetary Union in Asia s Future The Brookings Institution: Spring 1997: brookings. edu/articles/1997/spring globaleconomics eichengreen. aspx atimes , After European now Asian Monetary Union Asia Times Online: September 8, 2001: atimes /editor/CI08Ba01 ASEAN, China, Japan, SKorea, ASEAN Makes Moves for Asian Monetary Fund. Association of Southeast Asian Nations: May 6, 2005: aseansec /afp/115.htm Reuven Glick, Does Europe s Path to Monetary Union Provide Lessons for East Asia Federal Reserve Bank of San Francisco: August 12, 2005: frbsf /publications/economics/letter/2005/el2005-19 AFP, Asian Monetary Fund may be needed to deal with future shocks. Channel News Asia: July 2, 2007: channelnewsasia /stories/afp world business/view/285700/1/ AFX News Limited, East Asia monetary union but political will lacking ADB. Forbes: September 19, 2007: forbes /feeds/afx/2007/09/19/afx4133743 54 Paul De Grauwe, Economics of Monetary Union. Oxford University Press, 2007: pages 109-110 Heather Milkiewicz and Paul R. Masson, Africa s Economic Morass Will a Common Currency Help The Brookings Institution: July 2003: brookings. edu/papers/2003/07africa masson. aspx John Gahamanyi, Rwanda: African Central Bank Governors Discuss AU Financial Institutions. 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Random House, New York, 2002: page 405 74 Walden Bello, The Capitalist Conjuncture: Over-accumulation, Financial Crises, and the retreat from globalization. Third World Quarterly: Vol. 27, No. 8: 2006: pages 1346-1348 75 Walden Bello, The Capitalist Conjuncture: Over-accumulation, Financial Crises, and the retreat from globalization. Third World Quarterly: Vol. 27, No. 8: 2006: pages 1348-1349 76 Walden Bello, The Capitalist Conjuncture: Over-accumulation, Financial Crises, and the retreat from globalization. Third World Quarterly: Vol. 27, No. 8: 2006: page 1350 78 Robert Buzzanco, Bring Back Glass-Steagall History News Network: October 21, 2008: hnn. us/articles/55548 79 PETER S. GOODMAN, Taking Hard New Look at a Greenspan Legacy. The New York Times: October 8, 2008: nytimes /2008/10/09/business/economy/09greenspan r 1 80 Walden Bello, The Capitalist Conjuncture: Over-accumulation, Financial Crises, and the retreat from globalization. Third World Quarterly: Vol. 27, No. 8: 2006: page 1350 81 Bill Virgin, et. al, The Insider: Dot-com boom just another of . Seattle PI: February 10, 2008: seattlepi. nwsource /business/350766 theinsider11 source rss 82 Richard C. Cook, They Did It On Purpose: The Housing Bubble aid 10654 83 Walden Bello, The Capitalist Conjuncture: Over-accumulation, Financial Crises, and the retreat from globalization. Third World Quarterly: Vol. 27, No. 8: 2006: pages 1351-1352 84 Walden Bello, The Capitalist Conjuncture: Over-accumulation, Financial Crises, and the retreat from globalization. Third World Quarterly: Vol. 27, No. 8: 2006: page 1352 87 Andrea Ricci, Banks face consolidation: report. Reuters: March 17, 2008: reuters /article/innovationNews/idUSN1743541720080317 Andrew Gavin Marshall is a Research Associate with the Centre for Research on Globalization (CRG). He is currently studying Political Economy and History at Simon Fraser University. The original source of this article is Global Research Copyright Andrew Gavin Marshall. Global Research, 2009 Comment on Global Research Articles on our Facebook page Become a Member of Global Research How to Hide Your Money Where the Bankers Won t Find It Unless you have been on vacation the past few days or out of touch with the never ending news media we live in you have seen or heard about the event in Cyprus. For those who haven t heard, the short story is that the IMF has pushed for a wealth tax in Cyprus which would involve taking money directly out of the bank accounts of the people. That s right, stealing in broad daylight with no apologies whatsoever. The IMF is saying that the people of Cyprus need to pay back the bankers who stole and lost their money. This is done with the threat of being kicked out of the Euro zone if they refuse. Make no mistake, this is a trial run and they will be coming for money in your accounts very soon. So, what can you do about it Can you put your money in stocks What about investments like property or fancy cars My opinion is that nothing is safe. If your money is out of your reach and stored in any type of financial institution it can be stolen. Before I go any further let me state what should be obvious to most of you. Warning 1: Whatever you do with your money, you do at your own risk. Now, that being said, where would you put your money if you can t stick it in the bank Well, first let me address why we put money into the banks in the first place. It used to be that our money was safe in the bank and for the privilege of letting banks hold on to our money and invest it we were paid back in interest. Over time, neither of these two reasons is valid anymore. You will not see any return on a traditional checking or saving account and as recent events like the MF Global scandal prove, your money can be taken and there is nothing you can do about it . I recommend you keep only enough money in the bank that you need to operate your daily finances, cover checks and your normal Debit Card purchases. Any savings should be stored somewhere else if you don t want to be like the people of Cyprus who flocked to empty ATM machines and were faced with a bank holiday for 4 days. Just imagine going to your bank and they tell you that you are unable to get any of YOUR money out for 4 days. Where do you put this money Great question and it will really depend on how much you have, where you live, how liquid you need it to be and your resources. All of this falls under the umbrella of how afraid you are that something like this could happen to you and your tolerance for risk. Warning 2: Just because you hide money doesn t mean someone else can t find it. There are a ton of options for hiding things and they are only limited to your creativity. If you are going to hide money, I would take extra precautions. Especially, if you plan on seeing this money again someday. For ideas, here are a few: Secret compartment in everyday items: There are a myriad of places and containers that can be made to look like normal everyday items. There is a Scribd post with plenty of photos and ideas. My personal favorite is the VHS tape hideout. I can see this holding a few hundred dollars if you play it right. There is another article (one of many) that illustrates good hiding places on Urlesque . Another idea I have heard of is to hide bills in the contents of old bank statements, junk mail for home refinance, etc. Anything that looks like junk will be overlooked most likely, but remember You don t want to throw this away when you are cleaning up one day. In the walls of your home: This approach takes a little more carpentry skills and will leave a bigger mark when you go to find your money. Do you hide it all in one spot No, so there is more work involved in this approach and you want to make sure your handiwork isn t easy to spot. If you have never dry walled, it may take a little practice. Hands down the easiest place to store your money. Unfortunately, this is also a logical place to look. If you are going to hide your money up in the attic, spread it out so that if your stash is found, they might not find all of it. If you have exposed ceiling joists, you can hide money between the insulation and the floor above. For a little extra level of difficulty, you should hide the money above plumbing or HVAC ducting to make it doubly hard to get to. I like this idea, but the nagging fear is that someone will see me digging a hole and go dig up my money in the middle of the night while I lie in bed. You can combine this with a garden or yard fixture project where you are out digging anyway to avoid suspicion. Or, break out the new pair of night vision goggles you have been dying to try, get up at 4 am and dig your hole in the pitch black night when you have no moon. Imagine you are breaking out of prison for extra motivation. Hidden in a secret cache in a remote location: I talked about using the game of Geocaching to teach you how to find hidden caches. You can also use this to find a good hiding spot somewhere near (but not too near) your home. Make the place you are hiding money very well hidden so that nobody will stumble across it accidentally. I would recommend midway up a hill because you never know when a flood will come and buried several feet underground. Warning 3: Just because you hide your money doesn t mean you will be able to get to it when you need it. Again, use your best judgment with these ideas. Having your money safe from bankers does you no good if it gets washed away or found by hikers out exploring. Worse, if your house burns down and all of your cash is in the attic. Take appropriate precautions with everything but consider an alternate place to store your money. You may need it soon and not have the ability to go get it from your bank. Click here to subscribe : Join over one million monthly readers and receive breaking news, strategies, ideas and commentary. Please Spread The Word And Share This Post One small problem with bitcoins well, a couple: 1) if your ISP goes down or you have any problems getting online, you re screwed even worse than a regional/national ATM outage. 2) Bitcoin is accepted by practically nobody online, and almost literally nobody offline. 3) Any SHTF event that wipes out your access to the Internet will wipe out your money. 4) Yes, the Internet was originally designed to survive a nuclear war. However, unless you and the seller can both reach it, you both know what bitcoin is, and you both have a way to insure against fraud, scams or worse Umm, yeah good luck with that. Better to have something tangible, isn t require electricity. Same reasons why the eBook format is a bad idea for SHTF preparation (and the first thing I strongly suggest in my own book is to print out the PDF or buy the paper version). BITCOIN doesn s a hive mind. Didn (by any entity other than. gov) Bitcoin sounds like it appeals to stupid people. Leave a digital scam for another digital scam. What can you buy with Bitcoins in Cyprus right now Anything electronic leaves some kind of digital paper trail. The old farts are right on this one. If you don t own it. I know exactly what it is and what it does, but you didn t address any of the things I mentioned as pitfalls with it. Long story short, I suspect that you won right now, pre-SHTF. BITCOIN is a prototype and a fantastic one at that. The pitfalls will be addressed in time by software experts. That is not my specialty. I s why its value is shooting for the stars right now in Europe. Cash, gold/silver or bitcoin post SHTF Not even close. Bitcoins are not real high on my list, somewhere below pine scented air freshners. I ll just have to suffer through without. it is only a source of wealth under the following conditions: 1) someone is willing to accept it as a form of currency (99.99999 of the planet won t) 2) you have the infrastructure (computer, network connection) to transfer it over (wanna know how easy it would be to cut off Internet access in the event of a Far easier than you dare to think.) I t even recognized as actual money outside of a few hobbyists and very few online retailers. You are better off preparing by converting money into as form that is 1) universal (e. g. precious metals), and 2) usable exactly as it is, without any kind of technological help (again, precious metals are a perfect example of this). Why would you still have cash If you still have cash after you t you put the rest in gold or silver, or better yet, barter-able goods like 22lr ammo Secondly, what madman would hide wads of cash in their house One fire (accidental or deliberately lit) and it s gone. If you re worried about being spotted in your yard while burying it then buy a small flat-pack shed, put it up, dig your hole inside it, bury your gear and then move the shed elsewhere and repeat. Walt Kowalski says: He s a classic fool. Thinks he knows everything. And he definitely thinks he knows more than someone with more years and real-world experience. The kind of guy that when TSHTF, you find him curled up in a fetal position crying for his mommy. I don t have anything to say about the issues just go away. Walt Kowalski says: Eisenkruez. I am not being a pain. I just want to know why you listed handcuffs On another note, bitcoin surged today. I still think you are incorrect about the future of bitcoin. Maybe your right but I don s just going to piss them off. A tazer that projects prongs and shots several feet away, works. They are really expensive. I have taken a ride on one if them and by god do they work. (Old man fight at a bar, the police were not amused with me) I am trying to think of a situation where a person would use less than deadly force in the realm of shtf. Not saying you are wrong. The multi purpose flashlight / club type items make sense. If a person is using the light and then quickly needs a club. The stun gun has no other purpose. You would have to reach for it and could easily reach for a gun. Stashing cash is NOT a safe plan for retaining your wealth. All the Bank/Government has to do to steal you stashed cash is declare your currency obsolete. Then they issue a new currency right then and there. Alternately, you could eat your dollars, or sew them together to make clothes, or just burn them in the middle of the floor of your living room for heat and light. Or better yet, you could do some thing smart with your cash like pay off your mortgage, buy food and store it, or buy seed and a hot house and turn your soon to be worthless paper cash in to some thing that will actually do you some good in the near future. Mountain Trekker says: Daisy, just a thought, I t hardly get it to burn. Solo un pensamiento. Trekker Out. Love that idea. Estás en lo correcto. My mother bought a cheap grill to burn all kinds of old files and statements because she was moving and didn t want to burn. You re cool Daisy Just wrap your stash in a few layers of glass wool and secure the bundle with some steel craft wire. I use it when soldering or welding as a back plane and the stuff works great You can place this any where you like. Typical applications in industry is for keeping heat away from sensitive parts such as in ovens. Often used on steam pipes and hot surfaces. If you plan on storing your package in a damp location just over wrap the package in a zip lock baggie with a dessicant pack filled with dessicant silica crystals. The baggie and silica pack will burn but not the valuables inside. The best is to place the whole package away from any ignition source or combustibles like wood or plastics. Cheers as a Firefighter for 20 yrs, I can tell you that a floor safe on the bottom floor should be fine. Remember, fire burns up. Most things that are salvaged in a house fire are on the floor. The only time this may not be the case is if there is an accelerant used, and poured directly on the safe. There are also fire retardant bags to place your valuables in, for inside the safe, giving an extra layer of protection. Michael in Chicago says: I hide some of mine in the back of the fridge behind a bunch of quarts of soy milk. It is sealed in a few ziploc bags. De todas formas. I agree that keeping it in the bank is useless. I once earned 8-10 interest now they have something like .05 . ( The rest of what I have will go to a credit union. Michael in Chicago says: Thoughts on using PayPal Back when they offered interest I would keep a few thousand in the account. Suppose in a grid down it would not be of any use. I use Paypal for my business. As soon as there is a deposit, I transfer it to an account, and then go and withdraw the cash. I don legislations. Even worse than a bank, they do not have to abide by the same rules and are notorious for freezing accounts for indefinate periods, especially if your PP account suddenly becomes heavier than usual. I had 2500 frozen a few years back, took 4 months and some nasty letters to get them to release it back. I had no idea that so many people were getting the same treatment for no apparent reason. Worse, they would never give me one explanation why they did it when I would call to inquire about it. I am assuming it s to generate interest at the expense of the little guy. Unreconstructed Southron says: The reason they took up off the gold standard in 1971 was to finance the Vietnam war and the . The government-media-banking complex propagandized the Vietnam war because it was in their interests to have the power of the printing press. Wars cost a lot of money and are only done to sieze natural resources these days. The French made up some bullshit boogeyman and invaded Mali to sieze the newfound oil reserves. Not stalking you eisenkruez. I find you interesting. I think most everyone here agree that war sucks. I also think your right about current wars being predicated on economics and resources. I can t believe Vietnam nam was a bad war. The way people were made to fight was bad. Politics trumped military expertise. Russia is not nearly the issue it would have been if they kept expanding under the guise of spreading the utopia called communism. We also spent them into the ground making them weak enough to have split off ethnic regions. They went from being a major power to a minor annoyance. I happen to be a bible believing social conservative that thinks there are a lot worse things on today s one small moment of infamy. I think we are a little overdue: Isaiah 26:9 1 Peter 4:17 Proverbs 29:2 Daniel 8:23 So Eisee, are you with those who think it is a book of fables and fairytales Anyone who has ever lived with a contentious woman knows the truth of this statement: Proverbs 21:9 And: ve felt that too. Thank God it is rare. So, what do you have against social conservatives The same thing taxed too much Bill Maher and other mockers and scoffers do Galatians 4:16 What happens to Bitcoin if the grid goes down What happens to Bitcoin if the government locks down the internet What happens to Bitcoin if the DHS decides that the company is laundering money for terrorists (that would be US) and shuts them down I think it whatever you want to call the funds. Maybe I m touchy-feely that way. It s infinitely better than the system we have now. Just accept it and stop fighting. You can still keep your gold. You re such a good writer, too. Very thoughtful and intelligent. I think paypal was created for the sole reason to move money around to bypass the banking system anyway. I think it would be the first organization on the list to be locked down when this day comes. Great thoughts, Daisy. Be informed says: This is not a bad article but the obsession everywhere about this financial issue is becoming a little bit too much as the other very potential SHTF are getting put to the back burner. I wrote this to show WHY. I am all for getting a jump on ANY potential SHTF event coming, but I am also all for not being perceived as crying wolf for some event that be several years in the making. The financial problems are in my opinion being way too overwrought almost everywhere you go on the web. The 2008 semi collpase hurt, but did not bring about true chaos that was forecasted. There is a financial issue in the United States, but also all over the world. Will this implosion, WHEN it happens, bring about the chaos that many say it will to the U. S. Maybe yes and maybe no. Something few people weigh into the equation about the U. S. are the vast natural resources that it has, most importantly FOOD production. As long as the U. S. can produce excess food, there will remain customers in many other countries that cannot. Money only represents what it can buy and sell, and people have to eat. The U. S. still has about 500 people per square mile of arable land, which mean it can produce about 2.5 to 3 times the population of the U. S. in excess food. 310 million x 2.5 775 million to 310 million x 3 930 million people. When you have enough extra food to sell to almost 1 billion people that have to eat, that can HELP keep your economy afloat awhile longer than people realize. There are also many minerals that the technology of the world needs that the U. S. mines. On top of producing finished goods that keep other countries economies going. The main asset though is food production. As long as agriculture remains in the U. S. the financial collapse will be delayed without a physical disaster occurring. Unfortunately over emphasizing about the immenient collapse of the economy is driving many people away from the prepper movement as many continue to say, well where is it Again, money is easily manipulated and as long as someone has something that others need to live, especially food, that collapse is likely going to be delayed many months or even many years. All the while people continue to hear these projections of implosion that have yet to manifest themselvesin a TRUE SHTF episode that FLATTENS practically everything. Interest is lost in preparation for SHTF as the sky has not fallen from this, but IS falling from several other avenues that ARE NOT getting its fair share of coverage anywhere within the survival community or alternative news sites. There exists some extremely serious issues that will affect the U. S. and world that have happened in the past and have continued to occur that everyone should be planning for that can and do hit without warning: 1. EMP. The Sun has proven again and again what it is capable, and right now the Sun is going through a true maximum cycle. Without warning bang we lose everything modern on the affected side of the CME that hits the planet. Little attention has been paid to this as the talk of ecomonic collapse has taken over. 2. WAR. You have a fat little boy over in North Korea trying to prove his manhood armed with nuclear weapons, perhaps an EMP device, every chemical weapon ever thought of, and most if not ALL biological weapons out there. Miscalculations and war begins with South Korea with the U. S. backing them. North Korea might not hit the U. S. mainland, but release of these bio-agents that are contagious and you could easily have a world wide multiple front plague. I would call that a super mega SHTF. You also have Syria and the Middle East, and both nuclear armed Russia and China readying themselves for literally nuclear war with the west. Israel has already proven itself to attack others without notice, like in Syria, one day extremely likely Iran. 3. CLIMATIC PROBLEMS. This is what is going to collapse the U. S. economy quicker than any type of debt problem or any screwed up finances with the dollar. You lose the agricultural section of the U. S. to massive drought and/or flooding and you lose one of the true lifelines of the U. S. Many blights are also brought on by extreme weather conditions. You also have several major cities affected by a super hurricane that produce lifeline energy, Houston for one. 4. GEOPHYSICAL UPHEAVALS. There are 3 faults that are more than capable of causing a multiple trillion dollar disaster, that is TRILLION. You want to see the economy go into the cess pool, have the New Madrid go off like back in 1812 and have the energy line cut off to the north from all the Gulf Coast areas, not to mention a dozen nuclear reactors at risk. The San Andreas breaking would destroy the 8th or 9th largest economy in the world in California. The Cascadia fault would hurt much of the shipping industry from Asia in the Pacific Northwest on top of the damage done to to cities there. A large scale Atlantic seaboard tsunami from the Caribbean plate that is way overdue to break is another real threat. Volcanic activity also has increased much in the past few years and could easily destroy crops over the whole planet with a VEI (volcanic explosive index) of 6 or more. 5. PANDEMIC. Want to see the end of the world s economies Get a type of contagious virus going with a fatality rate over 15 or so and you will see the world come to a virtual standstill for weeks, or months at least as people too terrified to expose themselves hunker down. OR worse that people expose themselves and you lose 15 or more of the workforce. There has been an increase of viral outbreaks as should be the case as the population continues to increase and lack of proper sanitation grows. 6. MORAL DECAY OF PEOPLE. This is something that is not only a symptom of the last days before SHTF in grand fashion, but often the cause. People are their own worst enemies, and the less and less people care about their surroundings and their nation, problems develop all over the whole spectrum of issues. Disease is again one of these downfalls of people not taking responsiblity for their actions. Antibiotics are becoming less and less effective because people overuse these AND because they use this as a cure all instead of the prevention part of not getting ill in the firstplace. Lack of sexual morality is one reason why STD s Sexually Transmitted Diseases are exploding and are being treated with too much antibiotics. 7. LACK OF INCENTIVE AND DRIVE. It is called the welfare state in which people just don t want to go that extra mile to make their country a better place to live. Mental laziness is killing the interior brain power of so many countries, especially the U. S. This leaves wide open a much quicker than gradual dilapidation of the infrastructure of the nation, but mainly the ability to fix the problem that left unrepaired will definitely hit us all at once one day soon. Look at how quicker a bridge full of cars can go into a river. Imagine a simultaneous chain of events of this happening. 8. CYBER ATTACK. While this would likely lead to war with a country that is really ONLY capable of instrumenting such an attack that would really hurt a country bad enough to cause such an attack. Again and again as more systems are linked to a main frame, this is going to happen. This could also cause a mass panic in the financial sections. 9. TERRORISM. People forget so easily those days during 9/11. A weapon of mass destruction detonated WILL throw everything into a new stage of fear that it will happen again. One just has to see what happened to the stock market after 9/11, and then after nothing happened how it readjusted itself. A weapon of mass destruction is far different as the first type one is used successfully it opens Pandora s Box for more, and the deep fright that it will happen again. A bad SHTF that few people understand is not only possible, but probable. 10. PLANNED GOVERNMENT EVENT. Even in the non-prepper masses, most people just don . This is just 10 of a whole list of physical SHTF events that can and will likely happen that the prepper/survivalist wants to prepare for and should prepare for. These are real fears that have much merit behind them. The issue of an ecomonic collapse is much more of the END RESULTS of something physical that occurs to tip the economy over the edge. Prepping for the physical events has much more substance behind it than prepping for a such as a numbers implosion that is not visible to practically anyone. People all over the scale from hard core preppers, to the idiot head in the clouds total non-prepper, are asking where is the ecomonic collapse that is suppose to have happened by now from the economy reaching that breaking point Well, instead they might find it better to look for the physical catalyst that ignites that economic collapse. Without that physical could be the topic like it is now come around the 2016 elections. Major Applause. You need your own blog B. I. 2.WAR. World War III will happen in our lifetime, all the signs are there, the cycle show it. History shows that World Wars start with Trade wars, then Currency wars which lead/leads to World Wars. It s on its way Take cover As far as this article the rich are trading their FRN for ART. Yes, ART is better than stocks or hiding money around the house. ART will go up in value and be a store of wealth in the future for the elite. Cyprus is written about now because it happened, on this planet, right now give or take a day or two. People like you and I had their money taken from them straight out of the banks. It is also something we can easily control (take your money out of a bank). When I prep it is not out of a belief that the world is going to end, but that things are going to change in a semi-predictable way. And there are smart ways to deal with those possible futures. You don to prep. BI, I like your thoughtful posts, and I like that you are trying to get people to think more. But, what is your argument here People become good at ignoring false alarms about the financial implosion, so Financial implosion is not concrete enough so . How are these more physical Or more likely to happen I shouldn with prepping because they only considered financial implosion. So you are trying to make a point about the non-financial implosion risks. But is is a false dichotomy. There is nothing to argue against. Every human on this planet should plan and be prepared for tough times ahead in the uncertain future. BEFORE OIL (from the time of Christ, on down to the Industrial Revolution): about a billion people on the Earth. SINCE OIL (around 1900), human population skyrocketed to almost 8 billion (enormous corporate farms raised our crop production enough to feed several billions of people s gone: back down to around 1 billion again. THAT is what we face, people THAT is why the economy will never recover. Oil peaked around 2005, since then we . And then there s the problems from climate hell too. Be informed says: DumbDude. You bet I want people to prepare for whatever, but in the past true economic catastrophes have been brought on by physical shortages of what people need, not by some phantom zone of numbers that can be manipulated one way or the other. I see these articles all over the place and they offer no idea of where this ceiling is, because they don t know. When you start talking about x munber of people starving because of y number of lack of harvest, then you have an equation to go by economically. Just look at these projections of Mad Max streets of Escape from New York that was going to happen after 2008. The stock market went down about 55-60 , in the 1930 s it went down 89 . Forget about where it is now in comparison to inflation. I am talking about between 2008 and 2009 lows. Now we have people talking the same, yet these bastards can zero everything out, exchange what you have for some casion type of currency coin, 10 cents on the dollar and say live with it. As long as there is food and shelter, the masses WILL live with it just the same as a sheepherder that moves their flock from one green pasture to another less green pasture. A true SHTF is extremely likely going to be caused by a physical event that leads to a collapse of the economy. These articles are basically dealing with the symptoms and not the root cause of everything. People get fed up with chicken little year after year. Now in retrospect to earthquakes, Haiti is a dead country because of it. Japan has the worst nuclear diaster ever and a bubbling caldron of radioactive holocaust that is poisoning ocean water out hundreds of miles. The Indonesian earthquake killed 300,000 people, many people still unaccounted for. EMP s have already happened in 1859, and to let your guard down is very dangerous as they will absolutely happen again. A financial implosion is not an absolute as something else might beat it to it. We would have had one 9 years if it had occurred 2 days previous. Pandemics The number one killer of almost all species is disease. Human beings are no different. I guarantee that a super virus out of India could not begin to be contained. The world has already had a super virus that killed more than a billion over centuries, it is called smallpox. There are others much worse, especially in rouge nations arsenals and in nature all around most of the world. What I meant with the Moral decay of people and others is that they bring about physical ailiments such as disease that leads to destruction of health of the people. Cyber attacks are physical as the movement of the command is driven by electric circuits. Anyway, I am truly just trying to get everyone more interested in preparation to save as many people as possible, and the over and over beating a dead horse of this all over the internet is doing much harm to the prepper/survival community. We were talking about Greece a few months ago, before that Spain, Portugal, Ireland. Still nothing after Cypress. WHY Because something physical has to occur to ignite everything. Without this physical catalyst we will be talking about some other country like maybe Denmark going down, and this time that is the one. maybe it could be, be likely not. I will be looking for something physical because throughout history, either a physical disaster or physical shortages have lead to economic collapses. You are so correct we need to prepare for bad times because something is coming, and that could be a jet black swan that non of us say coming at all. Be informed Good points BI. However I am not so sure that the economic collapse has not already started. Do you realize that inflation is like 5 times what the interest rate being paid on savings accounts That desperate city, county, state and federal governments are so desperate for money that they are passing fines and fees or proposing new taxes such as the one here in California where they want to tax e-mails My point is that the average Joe (or Jolene) cannot make enough money to keep us with the new cost of living. Thus everyone is falling behind whether it be in back taxes, fines, social security payments and the list goes on. That means the government entity that you owe some thing to has leverage over you. Leverage is power and that power will come back to bite you in the ass sooner or later. It would appear that it has all been engineered for the purpose of control. I for one don t like it but feel that they are pushing each of us into a problematic corner. Dan Morgan says: Financial collapse is imminent. Its actually been in process since 2008. Wall Street, banking, various investment funds, insurance companies, virtually the entire financial sector should already be dead. Our economy should be cycling through the first half of the SECOND GREAT DEPRESSION (an event we could recover from). But the elites stepped in and saved each other, monetized 17 trillions of their losses and have turned what should have been widely painful but relatively isolated historically expected cyclical event that we could recover from into a national and international CATASTROPHE that WILL bankrupt and impoverish 99 of the population. I don t enough resources to handle one city the size of Philadelphia, much less several, along with a few many times as large, a few dozen a third that size, and several dozens more with 100,000-200,000 residents simultaneously imploding. Be informed says: Dan Morgan. Widespread starvation with 625,000 square miles of arable land NO WAY. The government will just zero out everything and who can stop them, and more importantly who will The masses will be fed as long as their is land to grow food on. The masses will do anything that the government wants as long as they are fed and given shelter, this is what a sheep does. You have a physical BLIGHT or widespread crop destruction, YES, then we are talking about a REAL TIME catastrophe. I grasp plenty because I look at the raw physical numbers of science and statistics. You can have t mean a single thing unless you can force those to pay. What they will do is give everyone a certain amount on their assets, 5 or 10 cents on the dollar. making all previous currency worthless for all transactions. Don t believe me Tell some of those owed money in bankruptcy court, they take what they can get and what the court decides and eat their losses. This is what money is, it is only worth what others make it, period. The U. S. still has a hell of a military and those owed are just going to have to eat it if those in control decide this is what is going to happen. Most people will go along with this, that is the way the sheeple are. When you talk about looting and rioting, YES, IF food because of a real physical disaster develops you bet. The government is not going to LET people starve and lose their control, NO WAY. They will continue to make sure that the farms continue to push out agriculture even if they have to take control of them. They will give their long tortureous FEMA lines of food to people and the people will stand in those lines that have not prepared because hunger works wonders on controlling whomever you want to. This is what they use to do in those bird parks to keep the birds from flying away, keep them half starved so they are completely dependent on the food they get each day. The government is no different and why they are trying to get as many people totally dependent on welfare as possible. This is why again and again I stress that something PHYSICAL must happen to bring about the above situations you give. They have been destroying finances since Nixon took everyone off the precious metals standards, and NOTHING that catastrophe like you describe has happened because money is nothing but a number on paper, or clothe like the regular currency right now. When you have physical loss, THEN you can talk about true suffering, until then it is nothing but talk and widespread speculations that have yet in 40 Years of coming to fruition like so many describe. Dan Morgan says: Obviously you don Approx. 225 millions live in densely populated areas. Hell will freeze over before 5 of them get food from FEMA, even moreso after interest rates rise and gov t paying its bills. And what happens when people stop getting paid The gov t helping people will start forming groups and fighting each other over resources, this is why I say it could become our Second Civil War. But don t able to understand and almost all of the rest are so scared of it they run to their addiction of choice (whether that be a drug or cell phone or T. V. or whatever) when it enters their minds. BI - Some eloquent words - very impressive and right on the money with most (if not all) of it. I think a few of your scenarios may be implemented together or in rapid succession, however. 1. EMP: This is a much bigger threat than most people even realize. When the Carrington event happened way back in 1859 we had very little electrical infrastructure - telegraph was the only it was simply extreme even for that time period. en. wikipedia /wiki/Solar storm of 1859 Since SO much of our lives are dependent on electricity and electronics, A large scale EMP event today would alter the course of human history in more ways than we know. I have already elaborated a few times on here what happens to all the nuclear plants in the U. S. (and elsewhere) when that happens and it isn t pretty. As you stated the CME impact will be greater on the facing side of the planet towards the incoming EMP wave, but that does not totally kill the other side s happened before and is going to happen again. Parting words from William Wallace - All men die. Not all men truly live. Its best to NOT hide much in your house because thats the first place a thief/govt is going to search in the bank DO NOT BE FOOLED BY THIS BEN CARSON CRAP THIS GUY IS ANOTHER DAMN COMMUNIST. THE ESTABLISHMENT RODENTS ARE GONNA SHOVE THIS GUY DOWN YOUR THROAT SIMPLY BECAUSE OF HIS SKIN COLOR. VOTE LIBERTARIAN YOU OLD PEOPLE. DO NOT BE AFRIAD TO SCREAM HELL NO TO THE IMMIGRATION BILL. YOU NEED TO KNOW THE HISTORY OF RACE RELATIONS IN THIS COUNTRY. EVERY RACIST ACTION IN AMERICAN HISTORY WAS PROPAGATED BY THE DEMOCRATS. WHEN SOMEONE CALLS YOU A RACIST BE READY TO POUND THEM WITH A WHOLE LITTANY OF HISTORICAL FACTS. THERE IS NO REASON TO BE AFRAID OF THESE IGNORANT IDIOTS. Without saying which, if any, of these ideas I have personally used, here are some ideas. First, how much money can you stand to lose 100 500 1000 Decide how much you can stand to lose without being wiped out. Let that be your standard amount to hide. Then break up your currency into bunches of that amount. Let 4 reinforcing board would make sense. Cut a board to fit. Then rout out a hiding place that will hold the envelope (perhaps folded.) Fill the space with the cash and nail the board into place. Hiding place 2: duct-taped to the bottom inside the cat litter box (double ziploc bagged.) Hiding place 3: underneath a door threshhold. Hiding place 4: inside of a wall light switch box. Hiding place 5: inside the hollow support pole of a pole lamp. Hiding place 6: duct-taped inside of a heating duct. Hiding place 7: underneath the carpet inside of your car. Hiding place 8: underneath a wooden fence post. Hiding place 9: underneath the base of a light fixture. Hiding place 10: taped to the bottom inside of that disgusting pan underneath the refrigerator. I have one of those metal tubes like you saw in the movie Papilion and hide mine in there. that way I always have it with me. This whole notion of seeing your savings confiscated in this country is getting out of control. I truly do not think it will happen in this country. There are too many conservative, decent, locally owned banks for this to happen across the board and across the country. Even if Obama starts in the direction of doing what FDR did after FDR was elected, I have faith that there will be an immediate stop put to his efforts before his efforts were ever realized. Calm down people. Remember, Obama was re-elected through at least some vote fraud, giveaways, severely misguided people, and hardcore socialists/communists. The majority of this country does not support him. He, in addition, is merely a figurehead and a stumbling Marxist ideologue at that. He is way out of his depth, he knows it, and his handlers cannot even always cover for him. Should you have enough in emergency cash to get you through a month or two of all expenses Of course. Should you have a secure manner of either hiding it or storing it Of course. Should you move your accounts to a stable, well managed bank or credit union Sure, if you have doubts about the bank or credit union where you now conduct your financial business. This information is readily available online, or, can be obtained from your bank or credit union upon request. But be sceptical of emotionally-based, sweeping statements that claim A will most certainly happen because B happened, even though A and B are not linked in any rational or logical manner. That being said, this country certainly is on the wrong track and there may be tough times ahead. It is only responsible to have what you know will be needed for your family if tough times arrive. But think and observe with logical, disciplined rationality. Don t go following after demagogues, and, know how to spot a demagogue. Think for yourself and act with rationality. Value your loved ones above all and put faith in prayer. And, always ask yourself. what does this person who is trying to persuade me to do something have to gain if I and/or a lot of others decide to act as this person is urging me to do Just Observing says: Agreed ..calm down people. We have a whole different system here in the US compared to Europe. In Europe, their central bank is fairly weak, and the different countries play off against each other. What is going on is large, better off countries spanking their riskiest neighbors. HERE, our great Federal Reserve will cover any bankster screwups by keyboard action, and simply steal your by the inflation that results. You don . WHAT YOU NEED TO WORRY ABOUT IS: 1. Inflation getting away from the planned target ( already has ). 2. Real wages stagnant for 30 years while prices keep on rising. WHAT YOU NEED TO WORRY ABOUT IS: 1. Inflation getting away from the planned target ( already has ). 2. Real wages stagnant for 30 years while prices keep on rising. Then why keep it in the bank Why not use it for tangibles..heck, if you are that rich, buy all your grandkids a vehicle for later Just In Case says: Bank holiday can happen here when people panic. Remember 911. My brother runs a business and had to fight the bank to draw out money from his busines account. Dan Morgan says: Your only good advise is . What difference does it make whether the elite seize your paper assets (currency, 401Ks, trading accounts, etc.), erode it to nothing by perpetually indemnifying their issuance of fraudulent derivatives etc. or just make it disappear through either allowing or actually perpetrating a cyber attack Bottom line, do you expect the elite to lose as long as everyone is playing in their back yard Or do you expect the elite to use everything at their disposal to maintain their wealth and power up to and including sinking the entire country and entire western world Honestly what tendencies have the elite shown so far I t shaped their behavior in any moderately discernible way. I t think it is reasonable to be able to plan and thrive in an indefinite SHTF scenario that never ends. Patriot One says: Well if I still had savings in banks or credit unions I would convert it into usable assets. A retreat, land, silver, ammo, tools, food, fuel storage, an RV, fishing equipment, farming supplies, seed, guns, armor and I could go on and on. Oh, I already did that, that t have any spare cash Folks I think the level in American deposits will be 250,000 so they don s left. As for hiding my stuff I like PVC pipe and a hole in the ground, many holes in the ground. If someone finds one I lose a little bit 1/30th. All are engraved do not open call and the phone number. A little secret though is to make them heavy and bury deep 3 at most so you need to be accurate to avoid digging up the country side. Good luck to all I think the gig is almost up. GOOD suggestion on the PVC pipe, I I may add something here Try to use schedule 40 SANITARY (white) when possible for several hours begore burying. Also, doen repated cyles of that WILL corrode anything which can be corroded The Government can do a currency recall and then your cash will be worthless anyway, you s unlikely thieves will waste their time looking for others. And learn how to install the safe yourself so no one knows about it. Absolutely agree viper. Bullion coins, 90 scrap silver. Not collectible coins. My husband has dealt with many people who paid t lying to him about the current value 2001 (before the gold bull market). Also bullion COINS are not taxable, because they are monetized by US Mint, or other foreign govt mints. Other bullion tokens, bars may be subject to sales tax depending on your sate. Along that line of thought Yep, and that y know what to do with them. As far as I know A bank holiday of four days Try two weeks, somebody didn t update this article. So you hide money in your house or yard, you don t tell anyone. What happens if you die before you can use it Your relatives converge on your house and start throwing stuff out without checking books or cereal boxes, etc. Or your house gets sold with unknown money and other valuables hidden away in the walls or ceiling. You don t know who you can trust with your information, but you should let someone know what you ve done. Hiding places are fine up to a point. Our house was robbed about 14 years ago. The robbers did take food from the freezer and the pantry as well as electronics, jewelry, etc. One would think that the obvious hiding spots of food boxes, etc. would be safe, but from our experience it was not. What they did not touch (or at least they handled gently when they ransacked the house) was baby photos. Everything else was just shoved around, but baby photos were obviously moved with care and placed aside when they were tossing around and taking everything else. We had food taken during a break in also. They took the pillowcases off our pillows and loaded them up with food, jewelry, ammunition, etc. Even left THEIR nasty shoes and wore my husband s out of the house Never, ever, have all of your jewelry in a jewelry box on a dresser. Talk about easy, one shot access Not a single bank or ATM in Cyprus should be left standing intact. Only a smoldering hole should remain where the bank once stood. No banker should be allowed to ply his or her greedy criminal trade without the fear of direct violent confrontation. I hold street walking prostitutes in higher regard than bankers. Just my thoughts. At least street walkers work for a living. Bankers steal for a living. I keep no wealth in paper, divested all a couple years ago. We have two accounts, one for paying bills, one for my business. I m a daytime engineering designer, weeknights and weekends I build for people like us, stuff to help. I hold onto metal, all kinds, and am learning to work with it. All else gets invested in ancestral land, planting fruit trees, berry bushes, grapes, gardens and bio-fuel crops. I more of S. B. and will plant field corn until I run out of room. Plus Red Rox Cane Sorghum, high in sucrose. Then there is the normal garden. plenty planted of cold weather tolerant stuff from a while back and warm weather stuff will be planted after Easter. Money to hide I don m talking about. Any metal I have is slotted for building, either for the short term or the long term, either for you or for us. Wife bought a 29.99 dollar cast iron hand pump, it cost us 225 to get it installed on an abandoned well, that included pulling the old pipe out and putting new pipe in. Thats the kind of metal investment peeps need to have. IF you are going to buy stuff, buy stuff that last FOREVER or at least generations. And if you can t buy what you need or trade, learn to make it, or make something. Tangible skills are an incredible investment. I don Holy smoke, we just cured and smoked our own bacon and hams a couple months ago. LOL Hey, if it gets tough and your in the Big Thicket area, unless your initials are Gene Crumpler, you are welcome anytime. Just In Case says: do not bury an ammo can it will rust i hauled some cheap tools around in my farm truck for a couple of years and picked it up one day an the bottom fell out sockets fell out everywhere all of them were rust covered ammo cans should only be used inside/ mason jar lids will also rust underground / do not store valuables inside the home so they wont burn up / you should also tell a family member where something is buried so if you die some one can dig it up that is if you trust them not to dig it up while you are not home one day / the plastic pvc works best and will last forever just put some dessicant in there with it so it doesnt sweat The only safe place he had The Realist says: The Best. used - bald tubeless tires on rusty rims. Fill the cavity with your cash..Slightly inflate Stack in attic, garage or basement. Done deal. With any stash of cash. In the home. If you have a fire. You can say you had to burn my favorite device for hiding stuff, is a 5 gallon plastic bucket with an o-ring type seal. Only problem I have found is condensation of air trapped in bucket at closing. But, glass jars with vacuum sealed lids takes care of that. also, in the army - navy stores, they sell a motar tube that has a screw on o-ring type seal. very usefull, and not too expensive. As mentioned in the above article, other than enough money just to pay bills, what possible good reason is there to leave money in a bank Capitol controls are coming, and there are just too many that can happen to prevent you from getting your funds. By the way, I am reminded by what Lindsey Williams said well over six months ago. Like him or hate him, he seems to be on track in his call of banking problems starting in Europe first, before it comes to the US. Basically, he said the Euro would crash first, and then we had just a couple weeks before it happened in the US. I would say watch what happens in Europe very close. When it goes there, it will go here next. Common sense. Got all my fruit trees pruned up. Some are just starting to bud. Been too wet here to start taters yet. Can then. I m liking this story as well P. O.P. You are right, we always will be shy something in trouble times, cannot foresee everything. I m glad there are peeps like us for us to ruminate with. One for reinforcement and just by our chit-chatting we may be helping each other a head of the time. Here is the cure I use in ratio: 1/2 cup Mortons Tender Quick (curing salt with Sodium nitrate) 1 cup of canning/pickling/kosher salt 2 pounds of brown sugar (white could be substituted) 6 small bottles of liquid smoke (not required but nice adder) 1 cup of water boil on saucepan dissolving as much as you can, be careful as thiswill boil over very quickly. Let cool. Place meat in gallon ziplock bags and coat with the cure, squeeze out all air, place in fridge. Stack bags of meat in lower drawer if there and rotate/turn over bags daily for 6-7 days. Get smoker ready, remove meat from bags, rinse in fresh water and place in smoke, smoking time can be from a few hours or less, to as long as 4-6 hours for the larger chunks of meat, maybe longer for large hams, but times shown are what we used this past winter. Dehydrate meat further if you desire. The recipe is good for 15-20 pounds, just increase the ratio amounts for more or less meat. This works for red meat, pork, even fish. You may do this outside if you live in a colder climate, instead of fridge. Use other types of containers if you do not have access to gallon freezer bags. For ducrose intolerant people you can try substituting honey but will have to work out the ratio by trial and error. This recipe has been based on several years of attempting jerky from pork/deer/beef, we finally hit on the right combo/ratio this last winter, a few months ago. I kid you not, the homemade bacon and ham and jerked pork is incredible and should require hardly any refridgeration if kept in cool dry place. God Bless, Terry W. Reed Will try this recipe. Gracias por compartir. With your statements on saving outside the banking system, I think you m going to pursue this and thanks for the recipe. Cheers Keep bees and use a silver foundation if you catch my drift Most people will stay away from that, plus it has a built in defense system. The only real wealth is food producing land and a good roof over your head, that and being able to touch your loved ones. Everything else is extra and we should not let it weigh heavy on our minds. Poverty is the New Wealth my friends in this race to the bottom. Peace be with ya ll See the wiki about it. See the news about it. Here is what you could do if you wanted to be really secure. Take your cash, vacuum seal it. Wrap that in ducttape really tight. Put that in another bag and vacuum seal it, you now how a double sealed package. Now ducttape it to death, wrap it good. Now put THAT in a ziplock back, use a straw suck the air out and zip it up, put IT in another ziplock bag and do the same, now its double bagged just like prom night. Now put this in a 4 inch pvc tube where the bottom has a glued on cap. Once your super sealed package is in, fill with rice as a dessident. Leave a little bit of room inside for a tea candle. At the top of this pvc pipe is a screw cap. Coat the threads with toilet wax ring wax really good. Light the candle. After about 30 seconds start threading the cap in. Soon the candle will burn the oxygen up inside. Screw the cap in tight and rub the leftover wax all over the top. NOW wrap plastic sheeting around it and ducttape the hell out of it. Done, now this thing is sealed up. Now for more Take a 6 inch pvc and glue a cap on the bottom. Put your cache in this tube and ducttape the crap out of the top of it. What this will do is create a walled tube in the ground so you can retrieve your 4 inch pipe if you need too one day. As I said, duct tape the top really good, layers. Then double trash bag it, and duct tape the hell out of it. Don t forget to make a treasure map. Seal the map in a double envelope and give it to your best friend or neighbor and instruct them to give it to your wife if anything bad happens to you. Then drop your stash into an abandoned well or old stump hole. That s all nice and good, but you have to consider 4: your hidden money might become WORHTLESS. So far, since 1913 the US dollar lost roughly 96 of its purchasing power. With the currency beind debased by the FED, and the politicians supporting them, we might end up with sacks full of dollar bills only fit to wipe our butts. In an SHTF situation other valuables, like tools, food, real estate (especially land), weapons and ammo, your skills, etc. could prove to be a LOT more valuable, that sacks full of worthless paper money The Best Place t lose the screwdriver Turn your cash reserve into real hard assets and goods. Lay them out all around the edges of your property. Then walk along the perimeter lifting your leg and placing your mark on each asset. The bankers and government agents will sniff at these boundaries and may decide to establish their own marks on the outside, but as long as you re-mark over theirs often and the scent is fresh they will choose to make their incursions into your neighbors properties that are not as well marked. If you are a woman re-filling a Windex spray bottle would work just as well. Set loose the dogs of war. Let the pissing contest begin. Yea store those bills away. You will have plenty of toilet paper at least. Anyone who thinks the dollar is going to survive the coming crunch deserves the worthless paper they will end up with.
Cómo utilizar una estrategia de arbitraje en el comercio de divisas Forex arbitraje es una estrategia de comercio libre de riesgo que permite a los comerciantes de divisas al por menor para obtener un beneficio sin exposición a la moneda abierta. La estrategia consiste en actuar rápidamente en las oportunidades presentadas por la ineficiencia de los precios, mientras existan. Este tipo de comercio de arbitraje implica la compra y venta de diferentes pares de divisas para explotar cualquier ineficiencia de los precios. Si echamos un vistazo al siguiente ejemplo, podemos entender mejor cómo funciona esta estrategia. Ejemplo - Arbitrage Currency Trading Los tipos de cambio actuales del EUR / USD. Los pares EUR / GBP, GBP / USD son 1.1837, 0.7231 y 1.6388, respectivamente. En este caso, un comerciante de divisas podría comprar un mini-lote de EUR por 11.837 dólares. El comerciante podría entonces vender los 10.000 euros, por 7.231 libras esterlinas. Los 7.231 GBP. Podría ser vendido por 11...
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