Showing posts with label Euro. Show all posts
Showing posts with label Euro. Show all posts

Wednesday, May 1, 2013

The New Manna: A Zimbabwe Dollar - In God We Trust






Evil and Amalek don't play the game of life with logic and of course not with Torah wisdom; it's a game of odds and basic math patterns, based on sub-par algorithms. The article presented says doomsdayers [i.e. blogs about moshiach, etc.] are fear mongers who exploit the facts as he presents in his case. The hand that he tips actually says that the nature of evil is a gambler and a risk taker as long as the odds are good enough; lets call it socio-blackjack, with a cheesy Vegas dealer name Bazza at your service.

Their view is that Zimbabwe was simply under-managed, and with American brass it can be steered, righted, and brought back to prosperity; throw in a few wars for the cause [not WWIII standard as a doomsdayer would suggest] and soon we'll be back to decadence, which is a right that every American has [as per their indoctrination] while the nations abroad are sold [or told?] to endorse, worship, and push the agenda of America enjoying its eternal birthright [Esau anyone?].

There are two possible key issues here: either they lose, and welcome Moshiach, or they try to win, and, well, yes, Geulah will be extended - but the fiasco and charade that they put on display for public will be quite pathetic, as probably every prophecy in Tanach will now have an easy platform to inform the people of God's intentions. What do we say to this - have fun? Buckle up? oy vey.

By the way, I'm going on record as agreeing with him, as I think God wants this elongated as possible to allow for teshuvah, save lives, etc. as outlined by the Vilna Gaon - who says its like being decreed a big rock to crush you; only God has mercy and agrees to throw the rock on you, but only as sand pebbles - many of them - like American dollars will be.

The Geulah process has already begun in certain sectors, and this will allow people to get on board and gain merit, again, thanks to an elongated process. And at the end of the day, I think Hashem just wants in his heart that one day he should pay an Avreich in Kollel a  Billion dollar monthly check, just in principle the World must see that day, for fate must contain a sense of irony.


Forbes.com:



From all the doom and gloom about U.S. and European economics you would have thought the end of the financial world was nigh. In fact a lot of people are saying that right now. Want some good news? It is not going to happen. That is not to say I haven’t written a lot of gloomy economic stuff myself. Yet, to be honest, I’m over that now. The economic accident happened in 2007/2008. The developed world’s economy didn’t die. It is now recovering. It is only a start but we have entered a new era nonetheless.

The idea is, U.S. and Europe are on a binge of deficit spending and this has created a titanic overhead of sovereign debt that can’t be supported or repaid.

This is correct. But do not panic.

The conclusion of the doomsters is that consequently the economic world will implode and the globe will spin off its axis into outer darkness. Well, the bit about spinning out of the orbit of the sun is an exaggeration, but not by much.

The doomsters see a collapse of so called fiat money, i.e. money as we know it and an economic and social breakdown will follow. Gold and bullets are to be the only currency.

According to this line of prediction, we should all be rearing chickens in anticipation and ready to grow bean shoots in our closets for food. While you are at it, get some plans to create a stealth smokehouse. Forget zombies; the marauders of the future financial collapse are going to be real people.

Woe on us, prepare!

This prepper-view is nonsense. The view that fiat money is going to disappear is mad and silly. Fiat money is going nowhere, except down in value.

Special Offer: After a big drop, Apple’s valuation and dividend yield look tempting. Time to buy? Click here for a free-trial and immediate access to Forbes Dividend Investor advisory service.

Whatever the political and economic rights and wrongs of the matter, what happens next is as close to the doomsters fall of the Roman Empire part 2, as a roller coaster ride is to a plane crash.

Why?

It is infuriatingly simple. Let us say the U.S. government got to a state that it owed 120% of GDP in debt. The U.S. is not there yet but it will likely get there soon enough.

What happens next? The U.S. simply engineers a 7% rate of inflation, all other things being equal and in two Presidential cycles U.S. debt to GDP is roughly halved to the old sweet spot of 60% to GDP. Of course modelling that with all the possible variables is way more complicated than that, but you get the idea.

Halving the value of money does the trick of sorting out this whole sorry mess. Now that might sound horrendous but it is not.

So okay you are a doomster and you think the end is nigh and that gold is money. Well, gold has gone up roughly 10% a year compounded since the end of Bretton Woods in 1971. This implies an average compound rate of inflation of 10%; if you believe that gold is real, inviolate, hard money, which as a doomster you most definitely do.

The world didn’t end over those 40 years as money was devalued forty fold. The fiat system didn’t implode, in fact everyone got a lot richer, even though in the meantime 2.5 cents of gold became worth a dollar or put in gold standard terms, 2.5 cents in 1971 has been inflated to $1 today.

If the dollar got devalued in real terms at 10% a year, as we have enjoyed in gold terms on average for 42 straight years, a 120% debt to GDP would hit 60% in around 6 years. This is why it is not a good idea to panic and get doomy.

The key is to be positioned for the denouement of current economic rescue attempts. The solution is the dilution of debt, through the devaluation of money. The governments of the west will not run out of money. That’s impossible. What will happen to rebalance the debts of the U.S. and Europe is what we need to focus on.

In a nutshell, bonds are going to get monetised. Sovereign debt will be turned into cash. Operation twist has put a large proportion of that mountain of debt at the short end of maturities. The economy of the U.S. is going to get very liquid indeed. That is the one thought to hold.

If you believe the developed world is going to get into a tail spin, it won’t be that fiat money will disappear. Instead there will be much more of it about.

The question therefore is how to play the outcome of cash flooding everything.

You can do worse than look back to the seventies to see what happened and use that period as a model of what to do. The answer isn’t to prepare for Armageddon. It is to invest in inflation linked assets producing index linked yield.

So perhaps buying bits of mountain desert to rent out to terrified ‘preppers’ is the way to go, because not only will the property value and rent rise with real inflation, you’ll also be paid in gold.


Forsight in Klippah?

Wednesday, January 9, 2013

Reliving '67 in '13 - The '45' of Moshiach







The Midrash says: that Moshiach will be revealed, concealed, and revealed again; a difference of 45 years. They learn this from Moshe Rabbeinu, who himself was revealed, concealed, and revealed again; for this Moshe is the principle of "The First Redeemer will be like the Final Redeemer [based on Mishlei - a remez of Moshe's name].

It is now 45 years since the 6-Day War. Was that war the beginning of the Revelation of Moshiach? - It certainly seemed like they could have made it the Geulah, built the Temple, and give the final blow to Islam - look at the picture above!

So are we 45 years later into final revelation - i.e. "in a Guf?" MBY----> MBD

If one were to watch the news in '67 and wake up today, would there be any difference of what is being reported? Gaza, Golan, Syria, etc, etc.

So now as we take our final tours of Syria, Israel is ready to erupt in some way shape or form. It seems impossible to keep status qua much longer - for better or worse.

***All Jewish Time has a +/- of 2 years: "Ad v'ad vechlal, ad v'lo ad v'chlal" - inclusive/exclusive. thus at any given moment '72' - for example can be +/-2 - by the dynamic of perspective of time. Interestingly this cheshbon takes us to '75-6 - the next Shmittah, and believed to be next Yoval. The Geulas HaGer can only take place within a Yovel. 


AlMonitor:



Israel seems to be preparing itself for the collapse of the Assad regime.

For now, Israel’s biggest concern about the possible fall of Assad seems to be the fate of Syria’s chemical weapons. According to Israel’s Prime Minister Benjamin Netanyahu, Israel is cooperating with the US and international community on this issue. But when Assad falls, his regime’s chemical weapons will not be the only possible threat to the State of Israel.

In the case of a Syrian civil war, Iran is likely to do its utmost to bleed Israel diplomatically, economically and militarily by drawing it into a long guerrilla war in Syria. Tehran was hoping that this would happen during the recent conflict in Gaza, but was disappointed when the war only lasted eight days. Hasan Hanizadeh, a Tehran-based strategic-affairs analyst, recently told the Associated Press that "Iran is concerned about the power of pro-Saudi forces if Assad is brought down." Hanizadeh believes that as a result, “Iran is trying to organize other groups in Syria as alternatives, just in case." Part of this organization is likely to include setting up weapons caches inside Syria which can also be used against Israeli targets. The question which we in Israel must ask ourselves is this: Are we ready to meet this threat?

In terms of a military response, Israel has overwhelming firepower in the air and on the ground, as well as a sophisticated missile-defense system. Israel can also use the commanding Golan Heights to locate and fire back at rebels that target its army and civilians.

But being militarily prepared is not going to be sufficient. As the recent Gaza war showed, Israel will also need to be diplomatically prepared as well. After all, it was the lack of diplomatic credibility which stopped Netanyahu from launching a massive ground operation against Gaza militants. To attack targets in Syria, Israel will need as much diplomatic credibility as it needed in Gaza, if not more.

After all, to counter the threats from Syria, Israel is going to have to attack the territory of an Arab country. This could have many consequences in the Arab world, including with countries with whom Israel has relations, such as Jordan and Egypt. As much as Egypt would be against the spread of the Iranian regime’s presence and influence in post-Assad Syria, its unlikely to sit idly and watch continued Israeli strikes against territory of another Arab country.

The Egyptians may not say anything about the first 10 aerial Israeli strikes against Syrian territory, but after that, they are probably going to want to become involved. This is especially true since Egypt under President Mohammed Morsi is trying to become the leader of the Arab Sunni world. There are also domestic challenges which Morsi’s government is facing, from which he will want to divert attention, and therefore, the chances that he will want to be seen stopping Israeli attacks against Syrian territory increase even more.

What Iran will be hoping is that Israel will continue with its settlement construction, because that would reduce Israel’s diplomatic ability to justify its attacks against Syrian territory. Although Israel has every right to respond to attacks against its sovereignty, the fact that it has been provoking the Arab world and the EU with recent settlement expansions means that tolerance for Israeli military action in against the territory of another Arab country will be lower. The recent deterioration in relations between Israel and the EU over construction plans in Jerusalem’s E1 area has been a gift for Ayatollah Ali Khamenei. For a long time, the Iranian regime has wanted to see Israel and the EU grow apart, but it was unable to do much about this. This is especially true about Israel’s relations with Catherine Ashton, who heads the EU’s nuclear-negotiation team with Iran. Over the years, the Iranian regime has been angered by what it sees as Ashton's closeness with the Israeli government over the issue of Iran’s nuclear program. 

The Iranian regime must now be very content with Netanyahu’s recent settlement decision, as it has raised Ashton's ire, something which Iran has always wanted. Khamenei has also wanted the Israeli government to be placed under EU sanctions. All it has to do now is to wait and see whether Netanyahu will do the job for him by building more settlements. That is further down the line. What is more immediate is the emerging threat from Syria. Israel’s northern citizens will be in the crosshairs of Iran’s allies in Syria. Israel will need to respond such a threat, and to do so effectively, it will need to end its self-imposed isolation, brought about by counter-productive settlement policies. Firepower alone won’t be enough. 

1967 P.M.  לֵוִי שׁקוֹלנִיק
 Levi = Join; "Shkolnik = 596 - Yerushalayim ---> "Join Jerusalem!"


Bibi - 45 years later

Benyamin - "of the Tribe of"; Netanyahu - God gave us;  =  ----> ["... Benyamin," i.e. Jews of Galus into a viable nation. Benyamin had 10 sons named after Yosef - this formed the diaspora Jew until the final Benyamin: the Holy of Holies in the Third Temple, both called a Friend to God.]

Thus: Join Jerusalem, "the Holy of Holies - God gave us!" 1967-2012 P.M. of Israel then - now

Thursday, November 29, 2012

Moshiach and His Bat Made in China






Read the following presented article very carefully. It cleverly shows answers to big questions:

Why is the EU in debt? - They have no Central Bank [thanks to empirical paranoia] and thus can't handle the international pressure and need for stability.

Why is America in debt? - America is collapsing under the same decree on the EU, only is lasting longer. The EU was created to compete against America.

Who is on top? - China! They have a model of success that is sending them near the top. It is clear that America / Obama is leading America into a Chinese [communist] philosophy of re-growth. It is also clear that Romney [and his Chinese attack comments] had a similar plan of taking on China with the Amero concept, a united North America].

Who is winning? - Israel! When you have read the article, realize that Galus China will never happen, as they are in a compulsion repetition of "finally winning" syndrome. Israel is the only country on earth that is able to implement China's victory strategy, and they are, and they are winning. America is trying, but it will never be able to achieve what Israel can. God simply designed Israel to succeed in this day and age; perhaps the future will hold a different hand, but for the time being, Israel owns 2012 and beyond.

In other words: Welcome to Pax Judaica. The only challenge will be to turn it into a Kedusha enterprise.
Zionism is the blood that fuels the animal, our job is to turn blood into Light. Zionism has led the way, but one must not forget, the Torah of Eretz Yisrael, Torah Zionsim, digs back most recently tore the students of the Vilna Gaon [to name one example].

May the Jewish People merit a true Zionism, and merit to hear the Kol HaTor in our Land.

****I will highlight key points that relate to Israeli successful implementation.

People's Daily Online:



The report of the 18th CPC National Congress proposed to speed up the formation of a new mode of economic development by focusing on enhancing the new driving force of innovation and relying more on domestic demand, especially consumer demand for economic development and thus outlined a clear roadmap for our country to achieve economic transformation.

Experts said that we should stick to the roadmap, firmly grasp the strategic basis of "expanding domestic demand", substitute the new engine of innovation for the traditional elements, and gradually bid farewell to the traditional model of development to realize China's economic transformation.

Transformation is the key to China's economic rebirth

Since the Reform and Opening up, China has created an economic miracle with an average economic growth rate of above 9.8 percent over 34 consecutive years, ranking the world's second-largest economy in 2010.

However, with changes in the elements that support China's economic development, the traditional unbalanced, uncoordinated, and unsustainable extensive growth mode has come to an end.

Economic circles unanimously agree that China's economy has entered a period of major transition where transformation is the key to China's economic rebirth.

President of China Reform and Development Research Institute Chi Fulin said that China's economic growth is at a historical inflexion point to converse from high-speed to medium speed. The economic slowdown since 2011 reflects the short-term economic fluctuations as well as long-term trend of economic growth. Only by releasing the huge potential demand and accelerating the transformation of development mode can we cope with the changes in the pattern of domestic and international economy.

Economic commentator Ma Guangyuan believes that as international economic downturn led to deterioration of China’s foreign trade conditions, China must transform its economic development model as soon as possible.

Facing the test of “middle-income trap,” China needs to get rid of the development mode that extremely relies on investment and exports to fuel economic growth, lacks technological innovation, and has low consumption, backward service industry, vague boundary between markets and the government and slow pace of urbanization, and enter a stage of modern economic growth. Therefore, the 18th CPC National Congress has an epoch-making significance to arrangement of economic transition, Ma said.

Economic restructuring is the key of striding over the middle-income trap,” said Zhang Monan, an associate research fellow with the Economic Forecasting Department of the State Information Center.

Zhang pointed out that it must comprehensively adjust the growth pattern and economic structure to achieve economic transformation, including using innovation to promote supply growth and tapping domestic market potential

Reliance on innovation and domestic demand to achieve economic transformation

Innovation is the requirements of scientific outlook on development and transformation of economic development mode,” said Li Yiping, professor of Renmin University of China. He pointed out that the progress of world economy needs innovation, so does Chinese economy.

Deputy Dean of the Academy of Macroeconomic Research at the National Development and Reform Commission Wang Yiming also stressed that Chinese economy must rely on innovation to realize a transformation from emphasizing scale expansion to focusing on promotion of quality and efficiency.

The 18th CPC National Congress pointed out that as the strategic support of improving social productive forces and overall national strength, scientific and technological innovation must be placed in the core position of national development, concentrating the whole society’s wisdom and strength on innovative development.

Ma Guangyuan said that the concept is unprecedented, clearly showing the courage and determination of China to say goodbye to investment-driven development mode in the past.

About the role of expanding domestic demand in changing the mode of economic development, the 18th CPC National Congress said, “We must firmly grasp the strategic basis of expanding domestic demand to accelerate the establishment of a long-term and effective mechanism and unleash the consumption potential.”

Fueling consumption is the strategic focus in expanding domestic demand. Chi Fulin said that China is still in a rising stage over the next 10 years and owns huge consumption potential. As long as the consumer demand can be effectively released, it is possible to maintain a moderate growth rate of 7 percent to 8 percent in the next 10 years. 



Notice how all of the red highlights [China's hopes] are being successfully implemented by Israel - in uniform. Israel's demographics, reality, nationalism, philosophy, government, etc, make it the perfect chemistry for Pax Judaica. Equally notice how America will never again be able to recapture the chess pieces it lost off the board.

One must assume that there is a tremendous guiding light behind Israel. We are not here for naught; the Light of Moshiach is ready to shine through the darkness. Just as a light shines brightest before darkness, the galus shines brightest before its demise.

As the Ramchal says: One Kingdom must not trespass another. The Kingdom of Galus is nearing its end, seen by its magnificant glow.

With that you can be sure, Moshiach is next and close by.

****Israel’s economic growth should start picking up in the first half of next year thanks to a boost in external demand, the OECD concluded in its biannual economic outlook on member states Tuesday. Output growth is projected to drop from 3.1 percent in 2012 to 2.9% in 2013 (incorporating a 0.2 percentage-point boost from the new Tamar offshore gas field), but then rebound to 3.9% in 2014, the report said.


******...and in America: The Fed said today that seven of 12 districts reported “either slowing or outright contraction in manufacturing” as some contacts “expressed concern about the outlook for 2013, in part, due to the uncertainty regarding the outcome of the fiscal cliff.”


Sunday, June 10, 2012

The Golden Empire of Doom: Esav and Yishmael



..."And the Gold of the Land was Good."
...[of the 8th Edomite King] ( representing Geulah) "Bat Mei Zahav" -  (end letters=Bayit/House) : What is Gold? (Rashi) :The wealthy who have so much no longer recognize Gold. (interestingly enough it is hinting towards "Houses" i.e. housing crisis.

The Torah is adamant about Gold in many places..why is it so "good?"



GwinnettDailyOnline:

According to a select group of global analysts, the price of gold will more than likely double by the end of Q3 and could quite possibly approach the $5k per ounce level near year's end. This bold forecast has very little to do with dismal economic performance in US markets, although re-election of current US leadership in November is expected to help it along significantly. The actual cause of this predicted trend lies primarily with European leadership's unwillingness to take the bold steps necessary to repair the colossal problems with their debt. Most analysts agree that the floundering has gone on far too long and decision makers are far too comfortable with allowing correction opportunities to expire time and time again. Those who are in a position to make the tough decisions to salvage what little opportunity remains continue to do what they've been doing - which is nothing. They have their riches stashed away to live out their lives in the comforts of wealth. They refuse to be saddled with the legacy of the financial mess that's been festering for so long. The responsibility of the future will fall upon new shoulders after the current heads of state step down and retire. By then, the new individuals will be begging Germany to come to their aid at just about any cost. Only then, things will have gotten so bad that Germany will be demanding all of each country’s gold reserves and that’s just the beginning. It will seem like Germany is getting the old band back together – only without the violence and destruction. It will be at this point that the multitudes are expected to abandon near worthless paper currency for a gold-based economy and demand is expected to drive the price in excess of $5,000 per ounce within the year. This is the forecast that the aforementioned analysts are predicting and by the looks of the lack of any meaningful progress with Euro Debt - it's difficult to argue differently.




Spain became the fourth and largest country to ask Europe to rescue its failing banks, a bailout of up to €100 billion ($125 billion) that leaders hoped would stabilize a financial crisis that threatens to break apart the 17-country eurozone.
The rescue offer follows growing pressure from international investors and the Obama administration and comes a week before elections in Greece, whose voters could decide whether the country leaves the euro.
Europe's widening recession and financial crisis has hurt companies and investors around the world. Providing a financial lifeline to Spanish banks is likely to relieve anxiety on the Spanish economy — which is five times larger than Greece's — and on markets concerned about the country's ability to pay its way.
"What the markets are looking for is essentially the Spanish government's acceptance that its banks are broke," said Jacob Kirkegaard, a research fellow at the Peterson Institute for International Economics in Washington, Saturday.
Economy Minister Luis de Guindos announced the deal after an emergency conference call with eurozone financial leaders. He said the aid will go to the banking sector only and would not come with new austerity conditions attached for the economy in general — conditions that have been an integral part of previous bailouts to Portugal, Ireland and Greece.
The exact figure of the bailout has not yet been decided. De Guindos said the country is waiting until independent audits of the country's banking sector have been carried out before asking for a specific amount. The audits are expected June 21 at the latest.
De Guindos did say, however, that Spain would request enough money for recapitalization, plus a safety margin that will be "significant."
With markets in turmoil, de Guindos said the government's efforts to shore up the financial sector "must be completed with the necessary resources to finance the needs of recapitalization."
Finance ministers of the 17 countries that use the euro said the money would be fed directly into a fund Spain set up to recapitalize its banks, but underscored that the Spanish government is ultimately responsible for the loan.
Still, that plan allows Spain to avoid making the onerous commitments that Greece, Ireland and Portugal were forced to when they sought their rescues. Instead, the eurogroup statement said that it expected Spain's banking sector to implement reforms and that Spain would be held to its previous commitments to reform its labor market and manage its deficit.
The eurogroup statement said that meant the cost could reach €100 billion.
The Spanish acceptance of aid for its banks is a big embarrassment for Prime Minister Mariano Rajoy, who insisted just 10 days ago that the banking sector would not need a bailout. He was elected in November and walked right into a hurricane.
International pressure on Spain to solve its financial problems has grown more urgent in recent weeks. On Thursday ratings agency Fitch hit Spain with a three-notch downgrade of its credit rating. That left it two levels above junk status. Then on Friday, Moody's Investor Services warned it could downgrade Spain and other countries in the eurozone.
The International Monetary Fund early Saturday released a report estimating that Spanish banks need a recapitalization injection of at least €40 billion ($50 billion) following a stress test it performed on the country's financial sector. That report came out three days ahead of schedule, underscoring the urgency of the situation.
And U.S. President Barack Obama, facing re-election, enduring a weak economy and in need of strong trading partners, expressed strong concern late Friday over the European economic crisis.
U.S Treasury Secretary Timothy Geithner welcomed Spain's decision and the offer of European support, describing them as "important for the health of Spain's economy and as concrete steps on the path to financial union, which is vital to the resilience of the euro area."
French Finance Minister Pierre Moscovici said the deal would "contribute to restoring confidence in the eurozone."
"The accord announced tonight speaks to a reinforced solidary among the countries of the eurozone and to their resolute desire to ensure its stability," he said in a statement.
Spain's financial problems are not due to Greek-style government over-spending. The country's banks got caught up in the collapse of a real estate bubble. However, as Spain's leaders have struggled for a solution to their banking crisis, the country's borrowing costs have soared close to the level that forced the governments of Greece, Portugal and Ireland to seek rescues.
Some of Spain's banks are struggling with by toxic real estate loans and assets. The Bank of Spain says they total around €180 billion. Nationalized lender Bankia, SA, which has requested €19 billion in aid, has €32 billion in toxic assets. Around four other banks are considered prime candidates for bailouts. De Guindos said Saturday the sector is largely solid and the euro zone package will be funnel toward only about 30 percent of it.
Analyst Rafael Pampillon if IE Business School in Madrid said the bailout addressed the uncertainty the markets had felt about how Spain's debt-laden banking sector would recapitalize.
"This uncertainty, and hence the panic, will slowly dissipate from the markets," he said. Pampillon added that with polls forecasting a pro-Euro victory in Greek elections, markets would be further relieved because the austerity conditions imposed on Greece would most likely be fulfilled.
Eswar Prasad, a Cornell University trade policy professor and senior fellow at the Brookings Institution, said the decision "buys some temporary breathing room for the eurozone."
Moody's said Spain's banking problem is largely confined to that country and not likely to spill over to other eurozone nations, with the exception of Italy — where the European Central Bank has already stepped in to buy government bonds as a way to help lower the country's borrowing costs.
Spain has been criticized for being too slow to set out a roadmap to resolve its problem. European business leaders and analysts have stressed that Spain must find a solution quickly so that it is not caught up in any market turmoil sparked by the June 17 Greek elections. There are concerns that anti-bailout left-wing party Syriza could become the largest party in the Greek parliament, putting the country's membership in the eurozone at risk.
Working in Spain's favor is the fact that its public debt is actually quite low, at 68.5 percent of its gross domestic product at the end of 2011.
Its debt is predicted to hit 78 percent by the end of the year, but even that figure would be below the debt-to-GDP ratios of Europe's strongest economy, Germany, which is at 82 percent.
But Spain's in its second recession in three years, with unemployment at nearly 25 percent and little hope for improvement this year. Prime Minister Mariano Rajoy's government has imposed a wave of austerity measures since he took office in December that have raised taxes, made it cheaper to hire and fire workers and cut government funding for education and health care.

There is an Economic Black Hole gorging on Earth.  The fears that people had with the LHC was that it could spawn a Black Hole. With Comet Elenin, it was thought that its effect on Earth was through "Mazal." {Am Yisrael is ABOVE Mazal} -
Is Mankind acting out "The End of Days" and "Doom" through Mazal - based- actions? If the World is susceptible to such behavior, and if the Age of Aquarius is upon Mankind, i.e. the Messianic Age, then  Man, who is the vessel of Creation, could be the instrument to identify doom, trends, and most importantly -NOVELTY.
We are seeing Yishmael fall, Edom collapse, Zion rising, all NOVEL...while the doom seems to be getting less and less?! There will be Doom, but perhaps Men of Mazal will depict the Divine Broadway that ultimately will begin telling the story of Redemption.
To be amongst Bnei-Torah in these times, with Wisdom of Torah {and being Above Mazal} provides an objective lens of which to observe what the World is doing. When we open our eyes, and gaze at the ruins of Olam HaZeh, the things we were told and that we fear of (or expect) are/is happening right before us! 
...as the Chofetz Chaim said: "if you ponder the Bias Moshiach you will feel it. If you do not ponder it, you will feel nothing at all."
There is plenty of Novelty to Ponder. Our job is to find it, connect to it, and remove the veil of Geulah, so the Shechinah can shine forth, and lay witness for all of Mankind!



Thursday, June 7, 2012

Rome is Burning! (With Grease[Greece])

Acropolis


Greece (Rome's precursor) will fall! And who does the dictatorship of EU (Europe) fall upon? - Germany! - Something Hitler couldn't do, and Merkel - without killing one person has ascended to European Power, and unchallenged!

 [One side note: From the formation of the State of Israel (Israeli Nukes were heavily rooted in Germany) until today, Germany has created and sustained Israel! and from this World Jewry [!], as Zionism implemented is massive; while the destruction of Iran is being issued by and made POSSIBLE by Germany and the new submarines!  It is a previous Lubavitcher Rebbe that said Amalek can even get a Tikkun, upon which the Gra says Germany is a form Amalek (see WWII). The Gra goes on and explains how Amalek "swaps" and is germinating within the Jews; one Amalekite of the Nations joins while one Jew [at a time] inter-marries out: hence, the "swap." From this point the Ramchal talks about the "Keil" of the Samech Mem latches onto Holiness. Amalek only exists by their ability to "change form" and "swap." Kabbalistically, there is an inyan how penimius and chetzonius works with Klippah and Kedusha; the Penimius of both is in a swap, to which the Gra says: the war with the Erev Rav / Katan [Amalek] is the most bitter! - As Klippah and Kedusha become perverted!


So here you have Europe, Greece, and Rome at large falling, while Germany is rising? Jews are doing Teshuva, while "Torah Judaism" is claiming you are a Kofer if you are reading this blog! (Asifa! and yet the ENTIRE frum World is still somehow connected despite the complaints [rooted in hypocrisy]) The question is: what is reality, Worldly and Torah for the matter?!

We need to open our eyes, get educated, and see that Torah is going on all around us; its not even ironic, rather its SUPERNATURAL!



Yahoo.com:



As European leaders grapple with how to preserve their monetary union, Greece is rapidly running out of money. Government coffers could be empty as soon as July, shortly after this month’s pivotal elections. In the worst case, Athens might have to temporarily stop paying for salaries and pensions, along with imports of fuel, food and pharmaceuticals. Officials, scrambling for solutions, have considered dipping into funds that are supposed to be for Greece’s troubled banks. Some are even suggesting doling out i.o.u.’s. Greek leaders said that despite their latest bailout of 130 billion euros, or $161.7 billion, they face a shortfall of 1.7 billion euros because tax revenue and other sources of potential income are drying up. A wrenching recession and harsh budget cuts have left businesses and individuals with less and less to give for taxes — and growing incentive to avoid paying what they owe. The budget gap is widening as the so-called troika of lenders — the International Monetary Fund, the European Central Bank and the European Commission — withholds 1 billion euros in bailout money earmarked for government financing while it waits to see whether new leaders elected June 17 will honor Greece’s commitments. Even if the troika delivers that money, Greece will struggle to cover its obligations. It underscored a harsh reality that is playing out in other troubled euro zone economies. Prolonged austerity is making it harder, not easier, for governments like Greece to become self-reliant again. A top Spanish official acknowledged on Tuesday that Spain could not readily return to the markets to raise money because investors are demanding such high rates, highlighting how the debt crisis is spreading to larger economies in Europe. Chancellor Angela Merkel of Germany said a day earlier that European leaders needed to find a way to create the political union that the world is looking for to complement their monetary union. European officials took a small step in that direction Tuesday by proposing a central authority for banking regulation, which would require countries to give up a bit of cherished sovereignty. An essential element of Greece’s recovery plan has been to collect more taxes from a population that has long engaged in tax avoidance. The government is owed 45 billion euros in back taxes, tax officials in Athens said, only a fraction of which will ever be recovered. To understand the difficulty, just talk to Nikos Maitos, a longtime official in Greece’s financial crimes investigation unit. When he and a team of inspectors recently prowled the recession-hit island of Naxos for tax evaders, a local radio station broadcast his license plate number to warn residents. “One repercussion of the crisis is that people are harder to find,” Mr. Maitos, an imposing, burly man, said last week in his sweltering office on the edge of Athens. “And when you do find them, they don’t have money.” Even tax collectors, who have had to take large pay cuts, find that budget reductions make it hard to pay for the gasoline needed to reach their targets. “After two and a half years of austerity, it’s really a difficult time to bring in revenue,” said Harry Theoharis, a senior official in the Greek Finance Ministry who helps oversee the country’s tax payment system. “You can’t keep flogging a dead horse.” Salaries and pensions in the private and the public sectors have been cut by up to 50 percent, leaving Greece 495 million euros short of its revenue targets in the four months ended in April, according to the Greek Finance Ministry. With less cash, consumers have curbed spending, leading thousands of taxpaying businesses to fail. Income expected from a higher, 23 percent value-added tax required by the bailout agreement has fallen short by around 800 million euros in the first four months of 2012. That is partly because cash-short businesses that were once law-abiding have started hiding money to stay afloat, tax officials said. Greece’s General Accounting Office said recently that the state collected 25 percent less revenue in May than it did a year earlier. And the state has had to slash its goal of raising 50 billion euros from privatizations to just 3 billion euros as foreign investors lose interest. That has left a caretaker government scrambling for a Plan B. One thought is to take billions of euros reserved for recapitalizing Greek banks, which have suffered from a flight of deposits amid political uncertainty and fears that Greece may abandon the euro for its own currency. But using that money would require the troika’s approval. Other notions, like i.o.u.’s and scrip, so far are only that — ideas. To some extent, government officials said the tax-avoiding mentality is starting to change amid an aggressive enforcement campaign aimed at 500 wealthy individuals and companies, including former ministers and heads of state agencies and enterprises. People took notice in April when a former defense minister was arrested on charges of corruption and making false declarations related to his income and taxes. “They are awed when they see inspectors now because of recent cases showing people will be prosecuted or made to pay,” Mr. Maitos said. Tax collectors got another potential lift recently when the government started enforcing a 1995 law that gives them access to bank accounts of suspected tax evaders. But Nikos Lekkas, a top official at the financial crimes agency where Mr. Maitos works, said Greek banks had obstructed nearly 5,000 requests for account data since 2010. “The banks delay sending the information for 8 to 12 months,” he said. “And when they do, they send huge stacks of documents to make it confusing. By the time we can follow up, much of the money has already fled.” In the past two years, the agency managed to assess back taxes worth 650 million euros on 210 of the cases, he said. But only 65 percent could be collected. One challenge lies in what Mr. Lekkas calls the big fish — 18,300 offshore businesses belonging to wealthy Greek individuals and companies. Authorities are trying to trace the owners through property records, and they recently seized several large properties linked to offshore companies whose owners owe tens of millions of euros to the state. That leaves collectors having to go after mostly smaller tax evaders, often with mixed results. During a surveillance trip on the resort island of Santorini, Mr. Maitos said he and two colleagues observed a gas station owner insisting on cash-only transactions to avoid declaring taxes. When confronted, the man lashed at them with a bullwhip while cursing the state for taking his money. Officials said things might improve drastically once Greece’s entire tax system is computerized, a move that is supposed to be completed by the end of this year. Charalambos Nikolakopoulos, the head of the Greek tax collectors’ union, said there was no need for outsiders to straighten things out. “Yes, we need change,” Mr. Nikolakopoulos said. “But things will only improve in Greece when we get a stable government that will impose its political will.”



...and according to Kabbalah: The Bias Moshiach came, is here, and is coming towards us. (Hillel the Amora says: Ain Moshiach B' Yisrael! - to which the Ramchal explains: Gilui Moshiach is MUCH later)
Now, to just live it, connect to it, breathe it, spread it, bring it! - in 5772+....חזה ציון

Tuesday, June 5, 2012

The EU Band Aid [Magog] Solution


The EU, being led by Angela Merkel is being pressured into a quick-fix scenario that leaves many issues unsolved in the long term.  They want to recapitalize any failing bank on the fly. Without real solutions, this is borrowed time and a very very large band aid.

What is more important [and Jewish] is that when the dust settles, it seems inevitable that Israel [with its location right on top of Europe] will stand to gain massive support and investment ventures, to the point that [in my opinion] the Shekel will be a real World Currency to rival the Dollar, essentially being a better alternative than the Euro, at least long term. Long term means: Israel circa 2013 is ready to explode, and the EU house of cards is nothing more than the opening act to what Israel can be in the near future. Interestingly enough, Bibi is in prime real estate with his Unity Government to make this happen, against all odds and nature.

Boston.com:

German Chancellor Angela Merkel said Monday that she is open to establishing a European banking authority as a long-term solution to the continent’s financial crisis. Her support as leader of the EU’s biggest economy could be crucial for the concept, which aims to strengthen the eurozone and calm jittery markets. Europe’s worsening debt crisis is raising concerns well beyond the continent. Finance ministers and central bank presidents of the world’s seven wealthiest countries — which includes Germany — were expected to hold an emergency conference call on Tuesday to discuss the situation. The proposal to create a Europe-wide authority overseeing and ultimately guaranteeing the banks’ stability was first floated last week by the European Commission, the executive body of the EU. But rich countries such as Germany have been lukewarm about the idea because of fears it could eventually lead to them bailing out other countries’ banks. Merkel told reporters ahead of a private session with EU Commission President Jose Manuel Barroso that the pair ‘‘will also talk about to what extent we have to put systemically (important) banks under a specific European oversight.’’ And while she expressed willingness to consider the concept, she stressed that a banking union cannot be set forth as a quick fix, but rather as a more long-term goal. The European Central Bank is the joint monetary authority for the 17 nations who use the euro currency, but each country is responsible for overseeing its own banks. So when things go wrong, each country has to decide whether or not to bail its banks. For instance, Spain — already under market pressure due to its debt burden and declining economy — needs to provide €19 billion ($23.6 billion) in government aid to rescue its most ailing lender. And although the Spanish government has promised to help Bankia S.A., it has yet to explain where the bulk of the money will come from. Spanish officials have called for Europe’s new permanent rescue fund to be able to recapitalize banks directly, but German officials, among others, have ruled that out, noting that Europe cannot bail out national banks if it has no supervision over them. Barroso maintained that a ‘‘banking union with more integrated financial supervision and deposit guarantees’’ was the necessary step to complete the monetary union with an economic union. Europeans must do ‘‘whatever is necessary to ensure the stability of our currency,’’ he added. European Central Bank President Mario Draghi last week warned the ECB cannot ‘‘fill the vacuum of the lack of action by national governments,’’ calling the monetary union’s current structure ‘‘unsustainable unless further steps are taken.’’ He strongly endorsed the Commission’s proposal to create a Europe-wide banking regulator. Merkel reiterated her conviction that the short-term priority in tackling the continent’s financial crisis must be combining fiscal consolidation with fostering economic growth through reforms and better use of existing funds. Still, she echoed Barroso’s call to strengthen European integration. ‘‘It is completely obvious, and I have often said that: In the eurozone we need at minimum more Europe and not less Europe,’’ she said. Merkel said Europe’s institutions, such as the Commission need more powers, ‘‘otherwise a currency union cannot work.’’ Europe’s new treaty, which enshrines fiscal discipline and creates a more centralized oversight, is ‘‘a first step’’ in that direction, she added. Merkel and Barroso were set to discuss their ideas on reforming Europe over a dinner of veal cutlet with asparagus from the Berlin region, preparing the ground for a full EU summit late next month. The intensified debate on policy ideas to strengthen the bloc’s political union comes as the eurozone enters another tumultuous period of financial and political instability. Investors are worried that Spain will be unable to prop up its banks that are burdened by toxic bad loans — and that it will follow Greece, Portugal and Ireland in asking for an international bailout the eurozone can ill afford. These jitters have sent Spain’s borrowing costs soaring and stock markets plummeting. And in two weeks Greece returns to the polls with the real possibility that it might elect a government that rejects the terms of its multibillion-dollar bailout. This could force the country out of the euro, fracturing the eurozone and further roiling markets. Perhaps the clearest sign of danger is the state of the euro itself: It is trading around two-year lows against the dollar as investors pull money out of euro countries. Canadian Finance Minister James Flaherty told reporters Monday that he would raise Europe’s troubles with his Group of Seven colleagues during Tuesday’s emergency conference call. The G-7 includes the United States, Japan, Germany, France, Britain, Italy and Canada. Flaherty did not give a time for the conference call, which is confidential and not open to reporters. The U.S. Treasury Department wouldn’t comment on the call. But officials said the United States expects more action to strengthen the European banking system in the next two weeks in advance of a meeting of the Group of 20 major economies in Los Cabos, Mexico, later this month.



Israel has the ability to do what Europe wants, namely because of its size and capabilities. Plus, as true Zionism would explain Israel's direction: it is the ultimate - hybrid Capitalist/ Socialist State, made possible with two radical philosophical points of view: Erev Rav and Erev Katan influencing the populace with ideals of how to think. This creates a bipolar society that [only in Israel] can exist side by side in relative harmony.
Only Jews...Only Israel...Only Zionism

...and once the lifeforce is sucked out of the EU, Mr. Nitay will be ready to take the helm of his Unity Government well into 2013, which will basically be the frontier of an entirely new era in the World post 2000 - not to mention in term sof Jewish History, this may actually be unprecedented.

 
Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes |