Heads-Up!!! The most important y2k summation you will read...

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

Y2K really annoys the insiders, the establishment, the Tri Lats-- because it's the only thing they can't control, & it threatens to cripple or destroy all their controls. They firmly control the mega-banks, global money system, mega-media, all major political parties (on both sides in every nation), & the multi-nationals. But Y2K snuck up on them, & they're mad & scared. They're desperately spending billions to try to "fix" it but they know it can't be totally fixed, perhaps not ever. It will also be a major setback for Big Brother, in all its aspects, from tax collection to bank rule to centralized bureaucracy & monitoring. As a result, the average person will get a lot of unexpected benefits from Y2K. Some are hoping for a worst-case scenario. "However painful, it's a worthwhile cost to regain individual freedom" they say, in essence. Freedom has never been free.

If U don't really feel Y2K is going to be a BIG DEAL, & if therefore it annoys or upsets U to read data reports from people who say it probably IS going to be a big deal, then don't bother to read this article. Skip on to the next one. Mostly, people aren't changing their minds, are decided re Y2K. If U are a new subscriber, U should read this so U see what we consider the critical/updated facts. Unless U get heavy/daily Y2K updated hard data (as we do) then it would be puzzling how U can decide either way--without all the new daily facts. But most people are deciding emotionally, not objectively, not factually. That's their option, even if subconscious. So, read on or not, as U choose.

For those few who are still reading (:-), here's the latest: Many are comforted to hear that govt & biz have Y2K "contingency plans." Instead, that glib phrase should scare them. Think about it! If all govt depts, banks, biz, military, airports, hospitals who claim they are Y2K- compliant (as most now claim) were really bug-resistant, why would they need vast contingency plans? "Contingency" isn't just a throwaway word; it means something, ie, what we'll do if our individual company/bureau/system breaks down.

They're spending massive money on contingency plans, which means they've little confidence in their claims they're fully Y2K-compliant. Some have thrown in the towel, admit they can't get compliant in time, & will rely mainly on contingency plans. At least they're honest. That can't be said for the blowhard bluffers who are hoping to con people they're foolproof. Fools, yes. Foolproof: unlikely. Only a minority submit to audits of their repair/test/compliance claims.

Many insiders admit they're far behind schedule & will be on a "fix-on-fault" basis in 2000, ie they'll fix/repair embedded chip/computer/system breakdowns if/as they occur. That means after trouble. The catch is: how do they get back up if the whole system is down? Bottom line: the world is one big web of contingency plans & fix-on-fault. Nobody is 100% safe/compliant, because it's impossible to attain. And that is fact, spoken by the world's leading engineering group. US Senate Y2K Report: "Y2K is not going to be just another 'bump in the road.' No, it's going to be one of the most serious & potentially devastating events the US has ever encountered." Govts tend to soft-pedal bad news, so that statement should be a wake-up call to many. Turn up your hearing aid!

The BIS (Bank for Int'l Settlements, Basel, Switzerland) is the central bank for all other central banks. Their Y2K view is not cheerful. In a fat report they say "some problems will be missed; new problems will be inadvertently introduced via the remediation process; even the best test programs may not detect all potential errors; uncertainty will remain up to & after Jan 1. In other words, it is inevitable there will be Y2K disruption, athough it's not possible to predict how serious or widespread this disruption will be."

So there U have it. Central banks will go into 2000 not knowing if these systems are fixed. They know most are not fixed, worldwide. Compare BIS language to your local bank's PR rubbish. The BIS report goes on in great detail. If U read it all U lose any shred of optimism. The general threat is a breakdown of the inter-bank payments system. And once down, how to get it back up? BIS says: Y2K is "unlike any other disruption problem where identical backup sites can be activated. But any uncorrected Y2K problem is likely to affect both sites so the backup would not be a contingency."

It gets worse. BIS, who says what neither private banks nor govt banks dare to say, reveals: "The inability of a major payment & settlement system to function smoothly, or have procedures for isolating problems, will intensify uncertainty/concern. In the extreme case, this could have repercussions throughout the global & domestic systems." Conclusion: the world economy is at acute risk. This is not some "doom/gloom" offbeat writer's view; it's the bluest of the blue chip banks. If your hair hasn't turned grey so far, read the following:

The BIS advises banks to get the home phone numbers of regulators & govt officials so they can be contacted at night or on weekends to discuss the prudence of "closing markets & declaring an emergency financial bank holiday." This is scarier than any Y2K newsletter writer (except Gary North) has dared to say. And it's the real thing! U see, if banks go down, there can be no stock/bond/property mkt, or any other mkt, except black mkts of course, using cash. And all this is separate from equal risks from no power, oil, water, & no phones/fax/e-mail. U don't like this? Does that mean it can't happen? Or can it happen even if U don't like it? Try to separate wish from reality. Author Dr.Edward Yardeni, chief economist/global investmnt strategist at Deutsche Banc-Alex Brown has come back from Y2K retirement & says: "Y2K summary: Most have eyes wide shut....My prediction for a global recession in 2000, at 70% odds remains...Stock mkt down 10-30% (that's 1-3000 DJIA pts). Recession major causes: breakdown in just-in-time manufacturing system, & in global oil industry. Y2K could cause another energy crisis." (I'm virtually sure of it--HS)

EY notes Y2K press coverage is childish, reports the good news press releases, make no comment, ask no questions. "Some frame Y2K as an all-or-nothing story. Either planes fall out of sky or nothing happens. None consider in between. Anyone who talks in between is lumped into the doomsday category & dismissed as far-fetched..Public is led to believe the casual assurances of the few means everyone will be ready. EY says: "Y2K will turn out to be the greatest story never told--- properly." Reporters squeeze answers out of politicians thought to be in hanky-panky, but never ask ONE question about any Y2K report by anyone in banks/govt/biz.

Jacquelyn Williams-Bridgers, US Inspector General,testified in Senate: Half of 161 nations assessed are reported at medium-to high-risk re Y2K failures in telecommunications, energy &/or transport. Her strong conclusion: "The global community is likely to experience varying degrees of Y2K-related failures in every sector, in every region, & at every economic level. The risk of disruption will likely extend to int'l trade, where a breakdown in any part of the global supply chain would have a serious impact on the US & world economies." Now, tell me dear readers, WHY doesn't TV & the press tell U this? My answer: the banks won't let them. Maybe U have a different answer?

As I reported before, the US State Dept will issue Y2K travel advice in Sept. 3 cheers to USSD for integrity in this regard. But it will shock a lot of people. The penny will finally drop. US govt Y2K topdog Koskinen says the US is considering evacuating US citizens from nations with widespread Y2K failures. Each ambassador will make that decision. More than a penny is dropping now. More like a silver dollar. I've only scratched the surface of all there is to report. What bothers me most is the nuclear power plant risks, a global risk, at least in the northern hemisphere. But I can't cover it all. And most people don't even want to hear it.

I'm optimistic that Y2K will paralyze most tax collecting computer systems to such an extent that govts will quickly switch from the income tax to a sales tax (the only fair system), which isn't computer complex & will allow govt to function, ie, bring in money, their 1st concern, 1 of the Holy Trinity of govts (the other 2: power & control).

Every credible Y2K writer accuses govts/banks/biz of lying about the problem & their readiness. But it is left to humourist Art Buchwald to wrap it up in a recent column that concluded: "Fibbing is what Y2K is all about." Many a sober truth is spoken in jest. If U don't take my Y2K advice, take advice from cartoon character Dennis the Menace, who recently told his mother: "We should be stocking up on cookies for Y2K." Make mine ginger snaps! :-)

Harry Schultz



-- Andy (2000EOD@prodigy.net), September 12, 1999

Answers

It is good, but perhaps someone could translate it into more upscale English :-) U NO WUT I MEEN!

-- Rockafeller Skank (rocky2k@x-networks.net), September 12, 1999.

Well Mr. Skank the guy IS a foreigner... (hint, Zurich...)

-- Andy (2000EOD@prodigy.net), September 12, 1999.

Andy,

In my experience Harry Schultz is not a credible source. For as long as I can remember, he has been shreaking about some upcoming economic depression and urging everyone to buy gold. He has been wrong for decades, and if he is correct now it will be confirmation that there is something called the law of averages.

Y2K concerns are real enough that we don't have to rely on kooks like Schultz.

-- mike (maples@voy.net), September 12, 1999.


Thanks Andy. Harry Schultz has been right far more than he has been wrong. He has made me a nice bit of change over the years and his interpretation is usually pretty close to the truth.

-- Lobo (atthelair@yahoo.com), September 12, 1999.

Mike,

Old Harry, and I don't know too much about his history, pretty much mirrors my take on this situation and I've certainly arrived at my own conclusions after about 18 months of exhaustive research.

Harry has spelled it out.

The information is valid - he's quoting the BIS fer crissakes.

Wake up and smell the napalm :)

-- Andy (2000EOD@prodigy.net), September 12, 1999.



Why would anybody care who Harry Schultz is??????? Obviously, whom ever would, has lost the ability to have independent thoughts and apply critical thinking skills!

The information he sites is from OTHER SOURCES. Same with Gary North. Each of those "reporters" has an opinion, but for example, what other "opinion" could you come up with than the one they present, given the information presented, and if differnt, what credible SOURCE can you quote to refute it?

To attack the messenger, again, is very telling.

-- Gregg Abbott (g.abbott@starting-point.com), September 12, 1999.


Andy,

I can tell you he has been a hard money hysteric who has been buying gold all the way down fron $875/oz. Admittedly, I haven't been following him recently, but that is because his advice was so putrid for so long. He has been calling for an imminent economic depression for as long as I can remember.

HS will be correct on the facts as long as he relies on IEEE, Bennett, Gordon, etc. If his past is a guide, he will be WRONG about the consequences of those facts.

mike

-- mike (maples@voy.net), September 12, 1999.


so mike you are basically telling me that i am also wrong after 18 months independent exhaustive research - schultz and i arrive at the same conclusions - including the gold cabal, the tri laterals etc. etc. etc.

ok

-- Andy (2000EOD@prodigy.net), September 12, 1999.


Andy,

Let me suggest a few examples:

Virtually every brokerage firm in the US, from ML down, was bankrupt on 10/19/87. Our country should have gone into the tank and our political and economic systems should have imploded. But Greenspan had a plan for such an event and he stepped in to liquify the system. The facts at the time supported the conclusion that our system was gone, but there was another fact that wasn't considered- namely, the Fed's ability to act.

A similar scenario unfolded last Fall, when Russia, South America, Long Term Capital, etc., came together in what looked like economic devestation for us. But there was another critical fact we didn't know about: Greenspan began cutting interest rates until he got the desired result.

I agree with you that the facts will look pretty ugly next year. I think, however, there are options available to be sure the system will stay afloat. We have economically dominated the world since WWI because of the ingenuity of our people and- more importantly- because of the genius of our capitalistic system. Our leaders are continually trying to dilute the power of this system but it always seems to recover.

We are in for some serious disruptions because of Y2K. My point is that people like HS will try to convince you the CONSEQUENCES of Y2K will be economically horrific, but I think not. We've survived worse situations.

mike

-- mike (maples@voy.net), September 12, 1999.


I can't find a source document for the BIS info. Sounds like it could have been excerpted from a speach Yardeni gave at the BIS: It's PDF so sorry!

The BIS does discuss Banking Holidays and its in HTML

Their latest report in May states, Over the past year, the Year 2000 issue has evolved from a technology problem to a senior management concern; it has now become an issue of public confidence..

Go to BIS and take a look around for yourself.

Berry

-- Berry Picker (BerryPicking@yahoo.com), September 12, 1999.


Mike,

you miss the point - the code couldn't give a shit about macro- economic theory...

my contention is very very simple - banking will hose - period

cascading cross defaults, bankruptcies, bank runs, bank holidays

to say nothing of visa mc amex discover swift...

BIS in switzerland have SPELLED IT OUT

i don't care what steps gubmint TRY to take next january when the shit hits the oscillator - IT WILL BE FAR TOO LATE - it's far too late now

the insiders know this pal, they are presently looting gold worldwide or hadn't you noticed

hey I could give a flying f**k, i will be off the grid by then, hope you and yours are too as you're money will be going into the international bit bucket from hell if you leave it where it is...

gold guns grub guinness!!!!!!!

later,

-- Andy (2000EOD@prodigy.net), September 12, 1999.


Andy,

I don't think I've missed the point, I just don't buy the notion that the entire banking system will "hose" because of Y2K. I looked at Berry's post and I couldn't see where BIS predicted bank runs or holidays, but maybe I missed something.

Question: if the insiders are hoarding gold, why is the price of gold so soft? How have the insiders repealed the law of supply and demand?

You're on the right track with grub and Guiness, although I am partial to Bombay. I suspect guns and gold will be a bit extreme for the circumstances.

One other point: macro-economic theory is absolutely critical here because it determines how the facts will play out. It defines the difference between dislocations and TEOTWAWKI>

I'm enjoying our chat, it has kept me up way past my bedtime. Please don't head into a bunker over this- we need your energy and intellect to help us fashion a solution once we get to the other side.

mike

-- mike (maples@voy.net), September 12, 1999.


Mike - no problemo...

as for hosing, I'm prdicting it, schultz is, gary north is...

if the systems hose it could take literally years to sort out the mess...

this will give the nwo their chance to begin the introduction of 3 "new" as in gold-backed currencies...

euro

yen

dollar

gold is dirt-cheap now, may go cheaper in the short term, down to $200, and insider cronies are buying - but on the sly, careful not to drive the price up again

read lyndon larouches commentaries, david icke, john whitley, sherman skolnick, bill murphy, ted butler - they can't all be wrong...

long-term the 3 currencies will be merged into one - etc.

-- Andy (2000EOD@prodigy.net), September 12, 1999.


I have been attempting to consolidate my notes that I have taken from various articles and comments posted by participants of this Forum in regards to The Dollar (should read as The FED), The Euro and Gold. Slowly the picture is becoming clearer to me as to what the potential relationship is between these three brokers of power, and as such, I would like the Forum to consider the following: The FED shareholders could be struggling (feuding) with one another in regards to philosophical differences in opinion about how the on going International Currency and burgeoning Debt Crisis should or could be resolved. I suspect The Euro could be a reaction from some shareholders to hedge their potential losses and I believe the Rothschild family could be (secretly) the primary promoter of the Euro. I believe this for the following reasons;

1. First of all, consider who are the top controllers of the FED as revealed through Standard and Poor sources;

Rothschild Bank of London Rothschild Bank of Berlin Lazard Brothers Banks of Paris Israel Moses Seif Banks of Italy Warburg Bank of Hamburg Warburg Bank of Amsterdam Lehman Brothers Banks of New York Kuhn, Leob Bank of New York Chase Manhattan Bank of New York (Rockefeller) Goldman Sachs Bank of New York

The Rockefeller banking group owns 22% of the shares of the Federal Reserve Bank of New York and holds 53% of the shares in the FED. I also read somewhere recently the Bank of Japan (BOJ) holds 8% of the FED (this makes sense to me since Japan is the single largest holder of U.S. denominated debt). It is also not too preposterous to assumes the BOJ is also probably the newest shareholder of the FED for obvious reasons. This would leave each of the other 9 shareholders with approximately a 4% stakes in the FED. Furthermore, this would leave the Old European Banking Houses with a collective shareholding of 26% of the FED. I would suspect the Rothschild's hold somewhere in the neighborhood of 10% of the FED shares.

So, there you have it! Three Camps made up of the Americans (66%), the Europeans (26%), and the Japanese (8%). Really there are only two camps as the Japanese have unfortunately become a victim of circumstance due to their industrious nature and resulting trade in- balances with the U.S.. I suspect the European entities are much better positioned in gold and gold mining than their American counter- parts.

2. Recently, Steve Hickle wrote an article that would appear to be very plausible. In short, he discussed that current world events could be explained when viewed as follows; the world is dividing into two camps - one is debt holding countries of the U.S. dollar (i.e. U.S. dollar/IMF) and the other is countries who are distancing themselves from U.S. debt by way of physical gold possession and the Euro (i.e. Euro/BIS camp via gold-based currency, gold bullion and oil).

A future wild card that could ultimately spell the en of the U.S. dollar/IMF camp once and for all because of their affinity for gold could be the Middle Eastern nations whom have 60% of the proven worldwide of reserves and have expressed the desire in the past to denominate oil in something other than dollars. In addition, the Middle East supplies a significant portion of their production to Europe as opposed to the U.S. whom derives most of their foreign production from Venezuela. Why wouldn't the Arabs trade their oil for a more stable currency partially backed by gold. The European demand for foreign oil can only be grow with time as North Sea oil is depleted. Furthermore, the closest (cheapest) source of foreign oil would be from either North Africa or the Middle East, both of which are comprised of Islamic nations.

3.The Rothschilds have been one of the most influential families in the past 200 years of European and American history, and are one of the oldest gold merchants and money changers in Europe. They have financed virtually every major European event including the Duke of Wellington at Waterloo to defeat Napoleon, financial aid to Prince Metternich of Prussia, and the first railways of Europe. The have also been know to depress stock prices and markets and almost destroy merchant banking foes, such as Barings, when attacked. The Rothschilds also know from a lifetime as gold traders that gold will command the attention of those seeking value when currencies are in a crisis of confidence.

As a member of the FED, the Rotschilds understand the inherent vulnerability of the U.S. dollar to the shock of a stock market and financial crash. Why wouldn't they hedge their investments any differently than they have done in the past? The have seen nations rise and fall in the past, and maybe the United States time has come pass as a world power.

4.The Rothschild family coat of arms colors are blue and yellow. Coincidentally, the Euro flag has these same colors.

5. I suspect the other shareholders of the FED, in particular the American entities, are very aware of the fact the Rothschild family have historically been financial mercenaries with little regard for international boundaries. However, this does not imply the Rothschilds do not desire international stability as it would be in their interest to help maintain such an environment. In reality, the Rothschilds probably do not wish the dollar to fail, but then again why not hedge your bets if the tide appears to be changing.

6.The Rothchilds have seen many bull and bear market over the past 200 years, and I believe they have always prospered whether it was in stocks, treasuries, or gold. I suspect the coming crash will be no different for the Rothschilds as they will end up shorting the market and go long on gold when they have determined this bull is ready to give up the ghost.

7.Finally, I find it interesting (if memory serves me correctly) that Credit Suisse First Boston recently downgraded Chase Manhattan (the largest FED shareholder) presumably on the grounds of not being adequately prepared for Y2K. When you consider the announcement by Credit Suisse, keep in mind the recent events regarding all the Swiss Bank bashing handed out by the U.S. in regards to "Nazi" gold in Switzerland. If in fact there is "Nazi" gold in Swiss Bank vaults, why did it take over 50 years after WW II to make such an announcement? Also keep in mind some of the Rothschild family live in Switzerland and are involved in such Swiss Banks as Edmond de Rothschild's Banque Privee of Lugano and Rothschild Bank AG of Zurich.

GOLDFINGER - June 1999

-- Andy (2000EOD@prodigy.net), September 12, 1999.


goldfinger has a pulse, and he's on track. This is why the market will trash along with the dollar. Gold and commodities will fly. The reason for present gold price is 8 ton short position by central banks and hedge funds. This is changing as of August, Goldman Sachs just took huge positions in warehouse gold and futures options. Get ready skeptics your world is ready to be turned upside down.

-- Ron (morgan77@home.com), September 12, 1999.


Preface: every cell in my body vibrates with optimism, since the day I was born. Unfortunately---those same cells vibrate with realism. Its been an uncomfortable thing to live with, but I digress.

Mike you wrote way up there:

"For as long as I can remember, he has been shreaking about some upcoming economic depression and urging everyone to buy gold. He has been wrong for decades, and if he is correct now it will be confirmation that there is something called the law of averages."

You are not the only one that feels this way, obviouly, which lead me to think that, "what if both parties are right"???

The difference in boths predictions may be TIME. Just that the "big one" vibrates FORWARD in time- to some - as a harbinger of calamity jane! whereas a few decades mean nothing to the person that predicts such calamity.

Example: Meteorologists have warned that a Catagory 5 hurricane can and will one day hit the east coast and how irresponsible it is to be Squeezing realestate so close to the fire (water).

What the meteorologist see is the loooooong range, all their data point to it---someday!!! but yet have you been to myrtle beach headed south to miami?? wow!! youd never know it.

As I right this "Floyd is churning" headed directly toward the east coast, with the potential to drift slowly north once it slams into the coast. Now if floyd cranks up to a "five" that would be 155m.p.h. plus. you tell me if we should have been listening to the long range forecast??

Anybody remember HONDURAS last year! oh sorry that wasnt the U.S.!! "STOCK MARKET 36,000??? hello??? mcfly!!!

-- David Butts (dciinc@aol.com), September 12, 1999.


Thanks Andy. More lullabies for Flint, from his favorite "Mindless Attackers".

-- a (a@a.a), September 12, 1999.

Mike wrote: One other point: macro-economic theory is absolutely critical here because it determines how the facts will play out. It defines the difference between dislocations and TEOTWAWKI>

I have to agree with Mike that macro dynamics are firmly in place here. It's pretty easy to see the amount of work the FED is currently doing to keep all of our balls in the air, er economically speaking that is. This juggling act has been unprecedented and visible to those with a willingness to do their own searches of news articles rather than read the front page of WSJ only.

As I see it the Fed is in a complete economic war. The US economy could not have been in a worse position for an admin that is trying to promote a business as usual year end to avoid panic and bank runs. Believe me, once Joe Six realizes that his 401Kay might not be Okay.. he will begin exhibiting "irrationally exhuberent preparedness" which these boys desparately don't want.

Clearly the lines have been drawn between Japanese and Euro and US. Look at the recent activities by the Japanese vs. US in the dollar/yen. They (the Japs) are lying through their teeth on a daily basis. The Yen had to get to 107 before they even thought about intervention. Meantime, they're out buying up oil and wheat (they have been exhibiting irrational preparedness in the commodities dept.) which are denominated in....drumroll.......DOLLARS! Hellooooo! Now why doesn't it make sense to you that they wan't to give the appearance that their economy is strong. Shouldn't they be hurt by a strong yen? Why yes, they do export a fair amount of dollar goods electronics and such do they not? Why yes they do. Then allowing the yen to appreciate to historic levels certainly does them harm? So ask yourself why their doing this. Ask yourself why their issuing numbers that look like they're made up? Just like ours....

I refer you to market strategist William Fleckenstein at www.stocksite.com (you should read his Market Wrap column) for educational and research purposes only:

------------------------------------------------------------------- Last night the Bank of Japan stepped in and intervened to help prop the dollar up against the yen. I (along with everyone else on the planet who watches these things) was expecting something like this somewhere along the way. By the early going today, it looked to be a rather half-hearted stab and it did nothing for Japan's stock market last night.

The big news this morning, of course, was the PPI data, and the inflation rate was 5/10 of a percent. Of course that is ridiculous when one considers that the BLS (Bureau of Labor and Statistics) had the audacity to claim that crude prices were up 10.9 percent in the last 12 month's, when the price of oil has gone from $14 per barrel to $21 per barrel. In my book folks, that is a rise of 50 percent. ------------------------------------------------------------------

Connect the dots people. It's really not that hard to fathom. Everyone's lying about their numbers as we head into the endgame. The first country to crack a smile loses bigtime. Even though these numbers have now surpassed the ridiculous, they are being accepted by our wonderfull folks down on Wall St. whose bonuses depend upon such offerings of blind faith. Listen when you have a FED official like McDonagh state that the Yen/Dollar doesn't matter to the US economy, you know something is very, very wrong.

The next announcement to hit the wires will be that the Fed is allowing primary dealers in Treasuries to back their borrowing with Internet stocks and Dollar calls.

I have to say this thing is quite fragile right now. The active interventions have been fast and furious and it' only SEP. I can't see how they'll be able to keep the juggling act going for much longer. Most of the world has absolutely no idea how close the economic system is to a major shockwave. But then again millions of people live in fault zones without a second thought too....

-- Gordon (g_gecko_69@hotmail.com), September 12, 1999.


On the issue of the BIS Bank for International Settlements reports, under year 2000 Council...

http://www.bis.org/ ongoing/index.htm

Click on the link to Round Table (1 July 99) and it looks to be a promising set of presentations with buried gold PDF and/or Powerpoint info nuggets from...

On 1 July 1999, the Joint Year 2000 Council held a Year 2000 Round Table at the BIS. The objectives of the conference were to provide a platform for the discussion by senior decision makers of progress towards financial sector Year 2000 preparedness, the potential for uncertainties and disruption in worldwide markets and the critical actions necessary to ensure a smooth transition. The programme emphasised the identification of measures to limit disturbances, appropriate public communication strategies and event management plans.

[snip]

Session 1: Gauging Year 2000 readiness and assessing progress
 Citibank
 Morgan Stanley
 S.W.I.F.T.
 New York Clearing House Association

Session 2: Potential for uncertainties and disturbances in financial markets
 VISA International
 Goldman Sachs
 Bank of England
 AGF and Comiti Europien des Assurances

Session 3: Planning for contingencies and event management
 Global 2000 Co-ordinating Group
 Hong Kong Monetary Authority
 Reserve Bank of Australia

Session 4: Panel discussion on possible further action
(Links not included--wonder why?)



-- Diane J. Squire (sacredspaces@yahoo.com), September 12, 1999.


Thanks Diane, I think I had seen that, WHAT a surprise to see my old firm VISA at the head of the class - as you know I've said many times "VISA is toast" :)

Gordon - thanks, I always appreciate your analyses. In a normal world I would agree with you both (Gordon and Mike) regarding conventional economic micr/macro theories...

And I appreciate that we are in the endgame - Gordon your analogy of the first to "crack" made melaugh as it ties in so sublimely with the "panic" essay I posted a day or two ago :)

Again though, it is smy contention that, similar to the naval war colledge y2k think tank here in the USA, there have been similar tri lateral and bilderberg think tanks regarding banking contingency plans - disaster recovery plans - es evinced by the BIS brainstorming, the Sintra conference and no doubt many many more secretive ones.

I still believe power plays are the order of the day with gold...

The Fed commissioned a study last year about re-instituting the gold standad... Greenspan himself is a known GoldBug - see his essay written about gold back in the 60's...

In the chaos that will reign next year gold and commodities will go to the moon...

Longer term I still see the desire to create these gold-backed currencies...

-- Andy (2000EOD@prodigy.net), September 12, 1999.


"We have economically dominated the world since WWI because of the ingenuity of our people and- more importantly- because of the genius of our capitalistic system." - Mike.

The "genius of capitalism" is about to chop off its own ear, as well as a few other parts as well.

Andy, keep those Rothschilds articles coming.

-- number six (iam_not_a_number@hotmail.com), September 12, 1999.


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