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Old 18-11-2017, 06:31 PM   #81
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One Belt One Road Initiative

The Silk Road Economic Belt and the 21st-century Maritime Silk Road, better known as the One Belt and One Road Initiative (OBOR), The Belt and Road (B&R) and The Belt and Road Initiative (BRI) is a development strategy proposed by China's paramount leader Xi Jinping that focuses on connectivity and cooperation between Eurasian countries, primarily the People's Republic of China (PRC), the land-based Silk Road Economic Belt (SREB) and the oceangoing Maritime Silk Road (MSR). The strategy underlines China's push to take a larger role in global affairs with a China-centered trading network.[2][3] It was unveiled in September and October 2013 for SREB and MSR respectively. It was also promoted by Premier Li Keqiang during the state visit to Asia and Europe and the most frequently mentioned concept in the People's Daily in 2016.[4] It was initially called One Belt and One Road, but in mid-2016 the official English name was changed to the Belt and Road Initiative due to misinterpretations of the term one.[5] In the past three years, the focuses were mainly on infrastructure investment, construction materials, railway and highway, automobile, real estate, power grid, and iron and steel.
https://en.wikipedia.org/wiki/One_Be...oad_Initiative
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Old 20-11-2017, 10:15 AM   #82
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Getting ready for financial crisis, bank holidays and bail ins...

ECB wants to end deposit protection & offer savers 'appropriate amount' of their own money
Published time: 20 Nov, 2017 10:00

Covered deposits no longer need to be protected, according to the European Central Bank (ECB), which has proposed this month to stop deposit withdrawals when a bank is on the verge of failing.

“Covered deposits and claims under investor compensation schemes should be replaced by limited discretionary exemptions to be granted by the competent authority in order to retain a degree of flexibility,” said the bank’s proposal.

It has suggested the current €100,000 (£85,000) deposit level currently protected in the event of a bail-in would no longer be available.

“...during a transitional period, depositors should have access to an appropriate amount of their covered deposits to cover the cost of living within five working days of a request.” That means depositors will have to wait five days for a ‘competent authority’ to decide what is an ‘appropriate amount’ of their own money for them to have access to buy food, pay bills and so on.

The ECB said a pre-resolution moratorium should be used to “prevent severe deterioration of a credit institution’s balance sheet,” in particular to allow supervisors to complete an assessment of the lender’s viability.
https://www.rt.com/business/410373-e...ampaign=chrome
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Old 07-12-2017, 09:32 AM   #83
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‘Too big to fail’ bank rules targeted, as Senate panel rolls back Dodd–Frank Act
Published time: 7 Dec, 2017 04:32
Edited time: 7 Dec, 2017 10:04

Banks and credit unions may soon be relieved of regulations added after the 2007-2008 financial crisis, as the Senate Banking Committee repealed provisions of the Dodd–Frank Act.

The senate panel approved bill S.2155 in a 16-7 vote Tuesday, to raise the threshold at which bank holding companies are considered “too big to fail,” removing the financial stress test and capital-planning review. The threshold would be raised from $50 bill to $250 billion.

“This package of common-sense reforms recognizes that is important to tailor regulation appropriately,” said Idaho Senator Mike Crespo, the Republican chairman of the Senate Banking, Housing and Urban Affairs Committee, according to AP.

Under the Economic Growth, Regulatory Relief and Consumer Protection Act, representatives from both parties said the measures would make it easier for credit unions, community banks and many regional, mid-sized banks to lend money and stimulate economic growth.
https://www.rt.com/usa/412231-senate...ampaign=chrome
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Old 11-12-2017, 05:11 PM   #84
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Ten steps to crypto-tyranny: The “big plan” by the globalists (and how it involves Bitcoin)

In summary, here’s one possible plan by the globalists to seize total control over the world’s money supply, savings, taxation and financial transactions while enslaving humanity. (And it all starts with Bitcoin.)

1) Roll out the NSA-created Bitcoin to get the public excited about a digital currency.

2) Quietly prepare a globalist-controlled cryptocurrency to take its place. (JP Morgan, anyone?)

3) Initiate a massive, global-scale false flag operation that crashes the global debt markets and sends fiat currencies down in flames. (Hoax alien invasion, hoax North Korean EMP attack, mass distributed power grid terrorism network, etc.)

4) Blame whatever convenient enemy is politically acceptable (North Korea, “the Russians,” Little Green Men or whatever it takes…).

5) Allow the fiat currency debt pyramid to collapse and smolder until the sheeple get desperate (i.e. Venezuela-style desperation with people eating out of dumpsters).

6) With great fanfare, announce a government-backed cryptocurrency replacement for all fiat currencies, and position world governments as the SAVIOR of humanity. Allow the desperate public to trade in their fiat currencies for official crypto currencies.

7) Outlaw cash and criminalize gold and silver ownership by private citizens. All in the name of “security,” of course.

8) Criminalize all non-official cryptocurrencies such as Bitcoin, crashing their value virtually overnight and funneling everyone into the one world government crypto, where the NSA controls the blockchain. This can easily be achieved by blaming the false flag event (see above) on some nation or group that is said to have been “funded by Bitcoin, the cryptocurrency used by terrorists.”

9) Require embedded RFID or biometric identifiers for all transactions in order to “authenticate” the one-world digital crypto currency activities. Mark of the Beast becomes reality. No one is allowed to eat, travel or earn a wage without being marked.

10) Once absolute control over the new one-world digital currency is achieved, weaponize the government-tracked blockchain to track all transactions, investments and commercial activities. Confiscate a portion of all crypto under the guise of “automated taxation.” In an emergency, the government can even announce negative interest rates where your holdings automatically decrease each day.

With all this accomplished, globalists can now roll out absolute totalitarian control over every aspect of private lives by enforcing financial “blackouts” for those individuals who criticize the government. They can put in place automatic deductions for traffic violations, vehicle license plate taxes, internet taxes and a thousand other oppressive taxes invented by the bureaucracy. With automatic deductions run by the government, citizens have no means to halt the endless confiscation of their “money” by totalitarian bureaucrats and their deep state lackeys.

How do you feel about your Bitcoin now?
https://www.naturalnews.com/2017-12-...-currency.html
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Old 14-12-2017, 04:57 PM   #85
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China about to knock out petrodollar by trading oil in yuan
Published time: 14 Dec, 2017 10:20

As one of the world’s top energy importers, China has successfully completed its fifth dry run in yuan-backed oil futures contract trading. The step has been already called Beijing’s challenge to the US dollar.

According to Bloomberg, which cited a statement from the exchange, 149 members of Shanghai International Energy Exchange traded 647,930 lots in the rehearsal with a total value of 268.2 billion yuan. The system met the listing requirements of crude futures after the exercise, it added.

“This contract has the potential to greatly help China’s push for yuan internationalization,” said Yao Wei, chief China economist at Societe Generale in Paris.

She added, however, “its success will hinge critically on the degree of freedom allowed for the capital flows related to the contract.”

A former China division chief at the International Monetary Fund, Eswar Prasad said: “It is not unreasonable to envision a world in which the overwhelming share of commodity contracts, especially for oil, are no longer denominated just in dollars.”

But “the yuan’s role in global finance will ultimately be determined by the degree of commitment of Xi Jinping’s government to economic and financial market reforms.”

Since the 1970s, the global oil trade has almost entirely been conducted in US dollars. The largest energy consumer, China, is interested in having oil contracts in yuan. Beijing plans to introduce its own oil benchmark which will rival Brent or West Texas Intermediate. Analysts say Chinese authorities will need to first convince large oil producers and consumers to use the yuan and invest in the Shanghai benchmark.
https://www.rt.com/business/413107-p...tures-trading/
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Old 01-01-2018, 10:54 PM   #86
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Central banks creating their own crypto currency to replace bitcoin called Utility Settlement Coin (USC)

The Central Banks Position Themselves To Transition The World Into Their New System - Episode 1458a

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Old 09-01-2018, 09:24 AM   #87
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Russia-China combined gold reserves could shake US dominance in global economy - expert tells RT
Published time: 8 Jan, 2018 07:19

The gold accumulated by China and Russia could be seen as part of a strategy to move away from international trade denominated in US dollars, according to Singapore’s BullionStar precious metals expert Ronan Manly.

Manly exclusively told RT that there is a shift occurring regarding the two countries building up their gold reserves, to perhaps returning to gold-backed currencies in the future and a move away from the global dominance of the US dollar, which is no longer supported by gold.

“China and Russia have both been aggressively accumulating their official gold reserves over the last 10 - 15 years,” he said, adding that only a decade ago each of them held around or less than 400 tons. “But now both these nations hold a combined 3670 tons of gold.”

“Interestingly, both Russia and China publicize and promote their accumulations of gold and publicly refer to gold as a strategic monetary asset. They make no secret of this. But on the flipside, the US does the opposite, and constantly downplays the strategic role of gold.”

According to Manly, for Russia and China gold is the only strategic monetary asset that could provide independence from the US dollar.

Manly said the sides could conceivably be holding a lot more gold than they declare in their official reserves due to many channels through which they could buy the precious metal.
https://www.rt.com/business/415251-r...china-gold-us/
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Old 30-01-2018, 06:57 PM   #88
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Global economy slowdown

The global economy is slowing down and at a time we need to be looking to what resources we have and looking to how self-sufficient we can be the left seems intent on suicidally flooding more mouths to feed into the country...

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Old 08-02-2018, 04:04 PM   #89
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Why did the US stock market crash on Monday? Blame the central banks
Published time: 6 Feb, 2018 22:40
Edited time: 7 Feb, 2018 00:36
by Steve Keen

Everyone who’s asking “why did the stock market crash Monday?” is asking the wrong question. The real poser is “why did it take so long for this crash to happen?”

The crash itself was significant—Donald Trump’s favorite index, the Dow Jones Industrial (DJIA) fell 4.6 percent in one day. This is about four times the standard range of the index—and so according to conventional economics, it should almost never happen.

Of course, mainstream economists are wildly wrong about this, as they have been about almost everything else for some time now. In fact, a four percent fall in the market is unusual, but far from rare: there are well over 100 days in the last century that the Dow Jones tumbled by this much.

So this is the first central bank-created stock market bubble in history, and central banks have just had the first stock market crash where the blame is entirely theirs.

Were this a standard, private hysteria and leverage driven bubble, we could well be facing a further 50 percent fall in the market—like what happened after the DotCom crash. This would bring shares back to the long-term average of 17 times earnings.

Instead, what I believe will happen is that central banks, having recently announced that they intend to end QE, will restart it and try to drive shares back to what think are “normal” levels, but which are at least twice what they should be.

As I said in my last book ‘Can we avoid another financial crisis?’ QE was like Faust’s pact with the Devil: once you signed the contract, you could never get out of it. They’ll turn on their infinite money printing machine, buy bonds off financial institutions once more, and give them liquidity to pour back into the markets, pushing them once more to levels that they should never rightly have reached.

This, of course, will help to make the rich richer and the poor poorer by further increasing inequality. Which is arguably the biggest social problem of the modern era. So, as well as being incompetent economists these mainstreamers are today’s Marie Antoinette. Let them eat cake, indeed.
Steve Keen is an Australian economist and author. He’s professor and Head of the School of Economics, History and Politics at Kingston University in London. You can support his attempts to build a new economics https://www.patreon.com/ProfSteveKeen.
https://www.rt.com/op-ed/418057-us-stock-crash-banks/
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Old 09-02-2018, 06:44 PM   #90
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Peter Schiff Warns "Trump's The Fall Guy... There's No Way To Stop This"
by Tyler Durden
Thu, 02/08/2018 - 16:26

Peter Schiff, a market analyst who had accurately predicted the 2008 recession and the recent stock market plunge says more is coming. Wait until you hear what he says is on the horizon for America and the global economy in the Trump era.

In an interview with Infowars‘ Alex Jones, Schiff details what we can all expect from the economy. And even though Trump has fought to save the economy, the federal reserve is working against the president. “Unfortunately, he is the fall guy. There’s no way to stop this,” Shiff begins.



“The problem is so big that the minute the Fed has to try to solve it, it’s gonna unleash a much bigger one [problem],” Shiff says. Jones begins his intro by not sugar coating the problem the economy is in thanks to government interference. The economy is a giant bubble and it will pop at some point, not just deflate.

“The Fed were dragging their feet in raising rates while Obama was president. They talked about raising rates but at the end of the day, they barely moved them up. The pace of hikes has increased since Trump was elected, but part of the reason for that…I mean, the media is not talking down the economy; if anything they’re overhyping the economy. Everybody’s talking about how strong the economy is, how everything is great. Everybody is taking credit for this great economy. The Fed wants to take credit for it, Trump wants to take credit for it, so if everybody wants to talk about how great the economy is, the Fed doesn’t have any excuse if it doesn’t raise rates…in order to keep up the pretense that the economy is as strong as everybody thinks, the Fed is in this box where it has to raise rates.

But they [the Fed] can’t tell the truth that it’s really a bubble, and if we raise rates, we’re gonna prick it, so they’re kinda in this bind. And they are still telegraphing that they’re gonna raise rates three or four times this year. And that is the problem.“

Schiff then goes on to explain some of the problems Trump inherited from Obama that will be difficult, if not impossible to solve without a crisis.

“One of the things the happened under Obama, is he inherited a massive deficit from Bush. The deficit skyrocketed in 2008/2009 and so, after a couple of years, the deficits were slowly falling while Obama was president. Now, they were falling from a very high level, but at least they were going down. All of a sudden, deficits are skyrocketing and they’re about to explode out of control. Yet, we have no way to finance them. So interest rates have no place to go but way up. Not just a little up.”

Jones then wanted to know if Shiff thought there was a way for Trump to help America get out of this mess. Schiff says Trump should come clean on how the economy is really looking.

“The sooner he tells the truth, the better…I don’t think this market is going to roar back and make new highs.”
The other problem is Americans have the lowest savings rate in ten years. There is no money for the public to buy undesirable bonds that not even the Chinese will buy. Schiff also says that the social justice warriors need to take a break and focus on the bigger picture.

“Social issues need to take a backseat. If the economy crashes, if the market crashes, if we have a worse economy than the one that Bush left Obama, then none of the other stuff matters. Because we’re paving the way for somebody worse than Hillary Clinton.”

Trump is going to get blamed when the economy tanks because the media has already decided that they are on the side of socialism. When all of this happens, prepare for the free market (which we don’t have) to be blamed and prepare for the tax cuts to be blamed.

This will pave the way for Communism. “I don’t think Trump can get out of dodge in time,” Schiff said.
https://www.zerohedge.com/news/2018-...es-no-way-stop
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Old 09-02-2018, 06:49 PM   #91
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The US Dollar Has Been Rejected Globally, People Will Be Ruined:Rob Kirby
by IWB · February 8, 2018

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Old 10-02-2018, 05:42 PM   #92
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Dollar Vigilante "The Coming Financial Crash Will Make 2008 Look Like Child's Play. Be Prepared!"

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Old 10-02-2018, 11:12 PM   #93
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You're bit of a doom merchant
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Old 10-02-2018, 11:16 PM   #94
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Quote:
Originally Posted by trebor8 View Post
You're bit of a doom merchant

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Old 10-02-2018, 11:19 PM   #95
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Quote:
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You're bit of a doom merchant
some people are watching the trends and some aren't

The Firesale Begins: China's HNA Starts Liquidating Billions In US Real Estate
by Tyler Durden
Thu, 02/08/2018 - 12:44

Yesterday we explained that one of the reasons why Deutsche Bank stock had tumbled to the lowest level since 2016, is because its top shareholder, China's largest and most distressed conglomerate, HNA Group, had reportedly defaulted on a wealth management product sold on Phoenix Finance according to the local press reports. While HNA's critical liquidity troubles have been duly noted here and have been widely known, the fact that the company was on the verge (or beyond) of default, and would be forced to liquidate its assets imminently, is what sparked the selling cascade in Deutsche Bank shares, as investors scrambled to frontrun the selling of the German lender which is one of HNA's biggest investments.

Now, one day later, we find that while Deutsche Bank may be spared for now - if not for long - billions in US real estate will not be, and in a scene right out of the Wall Street movie Margin Call, HNA has decided to be if not smartest, nor cheat, it will be the first, and has begun its firesale of US properties.

According to Bloomberg, HNA is marketing commercial properties in New York, Chicago, San Francisco and Minneapolis valued at a total of $4 billion as the indebted Chinese conglomerate seeks to stave off a liquidity crunch. The marketing document lists six office properties that are 94.1% leased, and one New York hotel, the 165-room Cassa, with a total value of $4 billion.

One of the flagship properties on the block is the landmark office building at 245 Park Ave., according to a marketing document seen by Bloomberg.
https://www.zerohedge.com/news/2018-...us-real-estate
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Old 11-02-2018, 08:22 AM   #96
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The ChiComs are currently buying up every bloody thing in Australia that isn't bolted down - and that includes domestic real estate. Facilitated by the gov. Australian bids for big business are not being accepted by the foreign investment commission.

Most locals can't even afford houses for themselves. Sydney was just declared as expensive as Hong Kong.
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Old 13-02-2018, 12:18 PM   #97
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Something VERY Serious is Happening with Banks - they've almost stopped lending TO EACH OTHER
Saturday, 10 February 2018 21:34

A little over three weeks ago, I became aware of a sudden and dramatic change in the US Banking System that made my stomach sick. I "sat" on this story for almost three weeks hoping what I found was some type of anomaly or data error. It's not.

Bankers have almost completely stopped lending . . . . TO EACH OTHER.

The plunge in "InterBank Lending" was so sudden and so substantial that it looks as though it is actually a PLAN, not happenstance or situationally appropriate.

It LOOKS like the Bankers are intentionally choking the US Economy and they're doing so at levels far FAR worse than what took place during the "Fiscal Crisis" of 2007-08.

For more than 45 years, the Federal Reserve has tracked virtually E V E R Y aspect of banking in the United States. They literally look at EVERY financial metric and provide incredible amounts of public reporting to anyone willing to spend time on the Federal Reserve Electronic Data (FRED) web site.

As your trusted media servant, I peruse vast amounts of information every day to keep you abreast of what's taking place, and give you insight as to how and why certain things happen. So when I undertook my usual perusal of FRED and saw what I am about to show you, I was shocked.


INTERBANK LENDING

First, let me explain what INTERBANK lending is. The interbank lending market is a market in which banks extend loans to one another for a specified term. Most interbank loans are for maturities of one week or less, the majority being overnight. Such loans are made at the interbank rate (also called the overnight rate if the term of the loan is overnight).

A sharp decline in transaction volume in this market was a major contributing factor to the collapse of several financial institutions during the financial crisis of 2007.
http://halturnerradioshow.com/index....-to-each-other
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Old 16-02-2018, 09:37 PM   #98
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Global Trade Wars Begin: Ross Recommends Major Tariffs On Steel, Aluminum Focusing On China, Russia
by Tyler Durden
Fri, 02/16/2018 - 12:11

As previewed earlier, at noon on Friday the commerce department released reports on the U.S. Department of Commerce’s investigations into the impact on our national security from imports of steel mill products and from imports of wrought and unwrought aluminum. These investigations were carried out under Section 232 of the Trade Expansion Act of 1962, as amended. All classified and business confidential information in the reports was redacted before the release.

Specifically, the department, found that the quantities and circumstances of steel and aluminum imports “threaten to impair the national security,” as defined by Section 232.

“I am glad that we were able to provide this analysis and these recommendations to the President,” said Secretary Ross. “I look forward to his decision on any potential course of action.”

Others were less sanguine. A former senior government trade official quoted by Axios, said that without major exemptions, these recommendations would represent: "[T]he opening shot in a trade war... a declaration of war against the world on aluminum and steel... These are some of our closest treaty allies... These are some serious numbers."

And another quote from a trade expert: "This would be beyond a trade war. You're talking about blowing up the WTO."

As the Commerce Dept's press release adds:

the reports are currently under consideration by the President, and no final decisions have been made with regard to their contents. The President may take a range of actions, or no action, based on the analysis and recommendations provided in the reports. Action could include making modifications to the courses of action proposed, such as adjusting percentages.

The President is required to make a decision on the steel recommendations by April 11, 2018, and on the aluminum recommendations by April 19, 2018.
read on here https://www.zerohedge.com/news/2018-...uminum-reports
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Old 16-02-2018, 09:43 PM   #99
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SEC Blocks Chinese Takeover Of Chicago Stock Exchange
by Tyler Durden
Fri, 02/16/2018 - 04:15

In a decision that many had anticipated, the SEC Thursday night officially rejected a proposal from a Chinese investment group to purchase the Chicago Stock Exchange - which handles a tiny 1% of daily order volume - in an acquisition that would have created a conduit for a Chinese entity to exert more control over IPOs of China-based companies in the US, where markets are significantly more open to international investors than in China. Hundreds of small companies are waiting to list in China, where they're being held up by red tape.

The CSE buyers group included Chongqing Casin Enterprise Group Co. and a consortium of US based investors after two original Chinese members of the investor group dropped out late last year after the deal appeared to stall.

As Bloomberg explains, the small transaction would nevertheless have allowed a Chinese company to gain an important foothold in US financial markets, even as the Congress in recent years has passed laws trying to make it easier for companies to go public. The exchange planned to leverage the Jumpstart Our Business Startups, i.e. JOBS, Act, a 2012 law Congress passed to make it easier for smaller companies to go public.
https://www.zerohedge.com/news/2018-...stock-exchange
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Old 16-02-2018, 09:45 PM   #100
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Hidden dollar wealth now moving into cryptos as the caba l know that the dollars day is coming to an end? Will they dump dollars for cryptos and precious metals?

Bitcoin Tests $10k As Mysterious Crypto-Trader Dip-Buys $400 Million
by Tyler Durden
Fri, 02/16/2018 - 04:10

Cryptocurrency prices are surging again this morning with Bitcoin testing $10,000 for the first time in over two weeks.
https://www.zerohedge.com/news/2018-...ys-400-million
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