quarta-feira, abril 01, 2009

G20-London 3

Change, please
A esperança de Obama por terra. Uma moedinha por favor!

Um embuste anglo-americano
Obama não resiste à rainha, nem aos banqueiros!

A reunião do G20 fracassou em quatro frentes essenciais:
  1. Na frente monetária: a hegemonia do falido dólar americano e a sobrevalorização artificial da falida libra inglesa deixaram de fazer qualquer sentido, dados os irreparáveis graus de endividamento destes dois países.

    As duas coisas urgentes a fazer, que Obama, Brown e Sarkozy rejeitaram ab initio são estas:
    • criar uma nova moeda de reserva internacional, nomeadamente através da incorporação das moedas chinesa, indiana, russa, brasileira e ainda a futura moeda única dos países árabes produtores de petróleo, no cesto onde se amassam os chamados SDR;
    • acabar com os movimentos de desvalorização agressiva do ouro, reforçando as reservas oficiais da mais antiga e fiável moeda do mundo nos cofres de todos os bancos centrais, por forma a estabelecer uma paridade mais fiável entre a riqueza real dos países e as aparências ilusionistas engendradas pela especulação corrupta e criminosa que, pelos vistos, Obama tenciona manter e alimentar.

    Os SDR (Special Drawing Rights) são uma espécie de moeda de reserva internacional destinada a fazer as vezes do ouro no comércio mundial. Chama-se por vezes a este contrato fiduciário, "ouro-papel", pretendendo-se com tal afirmação ostensiva dar aos Direitos Especiais de Saque a aparência de uma autêntica e universal moeda de reserva.

    De facto, sabemos que não é assim, pois o que os pilotos de guerra americanos e ingleses levam no bolso para o caso de caírem nalgum deserto iraquiano, ou nalguma montanha afegã, não são SDRs, mas moedas de ouro! Aliás, que diria qualquer um de nós, se alguém nos quisesse pagar um jantar, ou uma casa, com SDRs?

    De facto, esta pseudo moeda universal, nascida no interior do FMI em 1969, dois anos antes de Nixon pôr fim à garantia de trocar dólares por ouro, e que aparece invariavelmente no capítulo das reservas cambiais e de ouro dos relatórios anuais dos bancos centrais, não passa de um compromisso político decorrente ainda da vitória aliada na Segunda Guerra Mundial (1939-1945) e dos defuntos Acordos de Bretton Woods.

    Estes últimos impuseram basicamente a submissão de todas as moedas mundiais ao dólar americano. Mas a progressiva desvalorização desta moeda comercial e de reserva levou a que se cozinhasse os SDRs como uma nova opção em matéria de reserva monetária.

    A desvalorização agressiva do ouro em sucessivas operações especulativas orquestradas por americanos e ingleses, nem por isso impediu a desvalorização paulatina da nuvem de dólares americanos espalhados pelo globo. Todos os bancos centrais eram obrigados a comprar dólares para as suas trocas comerciais com o exterior — por exemplo, para comprar petróleo! Com o ouro artificialmente baixo e sobretudo ausente de boa parte das reservas cambiais existentes, e a desvalorização inevitável de um dólar que se imprimia (e continua a imprimir) como papel higiénico, alguém se lembrou de inventar um cabaz mais "democrático" de moedas, a fim de proporcionar alguma estabilidade aos mercados financeiros mundiais. A esse cabaz, que funciona ainda hoje como uma espécie de moeda franca do FMI, chamou-se SDR. Continha à data da sua criação (1969), dólares americanos, marcos alemães, francos franceses, libras inglesas e ienes japoneses. Hoje contém dólares americanos, euros, libras inglesas e ienes.

    Por razões óbvias, e sobretudo porque o dólar americano se encontra à beira do colapso, faria todo o sentido enriquecer este cabaz de divisas, com as moedas cada vez mais fortes dos chamados países emergentes. A cimeira do G20 deveria pois ser aproveitada, por exemplo, para agir nesta direcção, em vez de tentar prolongar o estertor do falido império anglo-americano, como é a manifesta intenção da América e de boa parte da Eurolândia.

  2. Na frente social: anunciar aos quatro ventos que o poderoso G20 irá criar 25 milhões de postos de trabalho, quando o desemprego mundial deverá atingir, segundo estatísticas das Nações Unidas, qualquer coisa como 230 milhões de pessoas em 2010, não passa de uma piada de mau gosto que as televisões acéfalas de todo o mundo irão vender como a prova de piedade dos piratas que causaram a tragédia actual e, não contentes com isso, nem sequer com o perdão já anunciado por Barak Obama, estão neste preciso momento a refinanciar as suas actividades corruptas e os seus bancos à custa do maior roubo fiscal da história da humanidade.

  3. Na frente da corrupção: a benção de Obama aos donos do mundo financeiro, respectivos bancos de investimento e paraísos fiscais, assim que chegou a Londres, ao lado do homem que alienou em 1999 metade das reservas inglesas de ouro (Gordon Brown), mostra bem o percurso da palavra change: da coragem de anunciar a mudança, à litania do pedinte! Jersey, Guernsey e Isle of Man são propriedade exclusivas da coroa inglesa. E são também conhecidos offshores. Que dirá Obama a Isabel II sobre isto?

  4. Na frente económica: o que está em curso é a montagem de uma gigantesca armadilha económico-financeira, com a face risonha de um programa de ataque à crise e apoio aos pobres — mais investimento = mais emprego, dizem —, mas cuja intenção escondida a sete chaves é rebentar com a poupança mundial, nomeadamente através de uma expropriação em larga escala dos rendimentos de países inteiros, vergados sob o peso das dívidas de curto prazo, cujo refinanciamento se fará por uma inflação monetária sem precedentes e pela captura do bem comum (as melhores paisagens e os melhores terrenos agrícolas, a água potável, as sementes, as redes de energia, os sistemas de transportes, as telecomunicações, etc.) — sob a forma de grandes e demagógicos programas de obras públicas, empacotados em Parcerias Público Privadas, cujos contratos assegurarão desde já a liquidez de curto prazo de que os governos tanto necessitam, ao preço de comprometer as independências dos países e a liberdade, prosperidade e felicidade dos povos. Os governos há muito que dependem dos bancos e sobretudo de grandes manipuladores financeiros como o JPMorgan Chase, Bank of America, Citibank, Goldman Sachs e HSBC Bank USA, ou dos entretanto caídos em desgraça shadow bankers (Bear Stearns, Lehman Brothers, etc.), bem como das suas inúmeras e camufladas delegações. Melhor conjuntura para começar uma revolução não poderia haver!




REFERÊNCIAS

  • Sobre o G20 neste blog: 1, 2, 3.

  • "The Relevance and Importance of Gold in the World Monetary System", by R. Peter W. Millar (PDF)

  • Mints coin it as consumers scramble for gold
    By Sarah Marsh and Jan Harvey/ Reuters
    Mon Mar 30, 2009 9:27pm EDT

    Russia's state-controlled Sberbank says it has never seen such strong demand for investment coins, while the U.S. Mint says sales of its one-ounce American Eagle gold bullion coins rocketed over 400 percent to 710,000 ounces in 2008.

    "The demand for gold and silver has been unprecedented," said Carla Coolman, a spokeswoman at the United States Mint.

    Austria's Philharmonic, named after the Vienna Philharmonic Orchestra, was the world's best-selling gold coin in the last quarter and sales soared 544 percent in the first two months of 2009.

    "There is no sign of demand abating," Austrian Mint Marketing Director Kerry Tattersall told Reuters, expecting sales this year to exceed 2008's record levels. "At present production is struggling to keep up with demand."

  • China and Argentina in currency swap
    By Jude Webber in Santiago/ Finantial Times.com
    Published: March 31 2009 01:25 | Last updated: March 31 2009 01:25

    China, which is pushing to end the dominance of the dollar as a worldwide reserve, has agreed a Rmb70bn ($10.24bn, £7.18bn, €7.76bn) currency swap with Argentina that will allow it to receive renminbi instead of dollars for its exports to the Latin American country.

    Xinhua, the official Chinese news agency, said the deal was signed on Sunday by Zhou Xiaochuan, governor of the People’s Bank of China, and Martín Redrado, Argentine central bank president, in Medellín, Colombia, where they are attending a meeting of the Inter-American Development Bank.

  • Chavez seeks Arab support for oil-backed currency

    BRIAN MURPHY
    Associated Press/ The Globe and Mail, Toronto
    March 31, 2009 at 5:56 PM EDT

    DOHA, Qatar — Venezuelan President Hugo Chavez tried Tuesday to court Arab support for another swipe at America as its economy stumbles: a proposal for a new, oil-backed currency to challenge the global prominence of the dollar.

    The idea never reached the full agenda of a summit of leaders from South America and the Arab League — and has little hope of gaining any momentum among the U.S. allies in the Middle East. But it managed to reflect broader sentiments at the gathering: That Western financial leadership has been deeply eroded by the economic meltdown.

  • RPT-EU says G20 not to focus on China financial calls

    BEIJING, March 29 (Reuters) - Europe is comfortable with China's growing world role but believes the G20 summit will be too early to decide on Beijing's calls for more say in global financial bodies, the EU Commissioner for External Relations said on Sunday.

    European Union Commissioner Benita Ferrero-Waldner told Reuters in Beijing that the London gathering of 20 major wealthy and developing powers this week would focus on "concrete results" to revive the global economy, not more distant issues.

    China caused a stir ahead of the Thursday summit when it suggested the world move to greater use of IMF Special Drawing Rights as an international reserve currency.

    "I don't think that this will be the question that really will be discussed thoroughly in London," Ferrero-Waldner said after talks with Chinese Foreign Minister Yang Jiechi and Vice Premier Li Keqiang.

    Likewise, she said, China's call for a bigger role in the International Monetary Fund (IMF) and other international financial bodies would not be a focus of the summit.

    "I think it's too early for us to give a really concrete answer," she said of these calls. "I think it is within the IMF, it is within the international financial institutions, that these questions have to be discussed."

    The idea of a new reserve currency system based on the IMF special drawing rights has not been entirely knocked down, but many G20 leaders have made clear that for now the U.S. dollar's status as the dominant reserve unit remains.

  • O buraco negro dos Derivados — 600 milhões de milhões de USD — representa 12 vezes o PIB do planeta!

    OCC’s Quarterly Report on Bank Trading and Derivatives Activities — Fourth Quarter 2008 (PDF)

    • The notional value of derivatives held by U.S. commercial banks increased $24.5 trillion in the fourth quarter, or 14%, to $200.4 trillion, due to the migration of investment bank derivatives business into the commercial banking system.
    • U.S. commercial banks lost $9.2 billion trading in cash and derivative instruments in the fourth quarter of 2008 and for the year they reported trading losses of $836 million. The poor results in 2008 reflect continued turmoil in financial markets, particularly for credit instruments.
    • Net current credit exposure increased 84% from the third quarter to a record $800 billion, and much of this is attributable to the sharp decline in interest rates in the fourth quarter.
    • Derivative contracts remain concentrated in interest rate products, which comprise 82% of total derivative notional values. The notional value of credit derivative contracts decreased by 2% during the quarter to $15.9 trillion. Credit default swaps are 98% of total credit derivatives.

    Derivatives activity in the U.S. banking system is dominated by a small group of large financial institutions. Five large commercial banks represent 96% of the total industry notional amount and 81% of industry net current credit exposure.

  • Reform International Financial Regulatory Framework:A Few Remarks
    Research Institute of Finance & Banking
    People's Bank of China

    In the midst of the current financial crisis, the needs for major reform of the global financial system and global financial stability framework have been increasingly recognized. Policymakers and international organizations have made substantial efforts to improve the international financial system including financial regulation and supervision. Various proposals have come forward on priority areas such as redefining the scope and boundaries of financial regulation and supervision, tackling issues of pro-cyclicality in the system, retooling capital and provisioning requirements as well as refining valuation and accounting rules, and some consensus has been reached. Among others, the Group of Thirty has published a Financial Reform report, and FSF and BCBS have undertaken some work on various aspects of financial regulation and Basel II framework. A number of regulators and the financial industry have initiated a centralized clearing and central counter-party mechanisms for OTC derivatives including credit default swaps (CDS). All these efforts will help to fend current crisis and future risks. However, we also note that several issues with respect to the financial regulatory framework have not received adequate attentions. In this note, we would like to explore these issues and provide relevant suggestions.


  • U.K. Bond Auction Fails for First Time in 14 Years - WSJ.com.
    Isto significa que já nem as emissões de dívida pública funcionam. Por isso Gordon Brown quer que os governos do G20 esmifrem os seus concidadãos para refinanciar o falido FMI. Refinanciado este, não serão só os países pobres do Terciro Mundo que poderão então acolher-se à sombra castigadora do FMI. Não — é a própria planície de sua majestade a rainha de Inglaterra!

  • OECD predicts 10% jobless rate for 2010

    By Chris Giles in London, Ralph Atkins in Frankfurt and Mark Mulligan in Madrid
    Published: March 30 2009 20:02 | Last updated: March 30 2009 20:46 — Finantial Times.co.

    One in 10 workers in advanced economies will be without a job next year, “practically with no exceptions”, the head of the Organisation for Economic Co-operation and Development said on Monday.

    In a graphic indication of the global recession’s transmission from the financial sector to the rest of the economy, Angel Gurría warned that the ranks of the unemployed in the 30 advanced OECD countries would swell “by about 25m people, by far the largest and most rapid increase in OECD unemployment in the postwar period”.

    He said the misery of joblessness – what Mr Gurría described as “rapidly turning into a jobs and social crisis” – would come as the OECD expected advanced economies to contract by 4.3 per cent in 2009 with little or no growth expected in 2010. The forecast is significantly worse than the International Monetary Fund’s most recent estimate of a 3-3.5 per cent contraction for 2009.

  • 20 Million Laid-off Migrant Workers May Send China's Unemployment Rate to 10% February 06,2009

    by CSC staff, Shanghai — China Stakes.com.
    20 million! The number of jobless migrant workers brought by the economic slowdown is even higher than the most pessimistic estimation.

    Chen Xiwen, deputy director of the Office of Central Financial Work Leading Group and director of the Office of The Central Leading Group on Rural Work, disclosed that, due to the financial crisis, about 20 million out of 130 million migrant workers, had returned home as they became jobless or failed to find jobs thanks to the economic slowdown.

    ... According to the estimation of the Ministry of Human Resources and Social Security, the over supply issue of labor will worsen in 2009, and the government will have to offer jobs to 24 million people, including 13 million new workers, 8 million laid-off workers and 3 million who are waiting for jobs.

  • China Unemployment Rate

  • 2009 world unemployment could rise by 40 million [to 230 million], says UN

    Invest in India — The global economic downturn could see 40 million more people lose their jobs by the end of the year, taking the unemployment rate to its highest in a decade, the U.N. labor agency said Wednesday.

    The number of unemployed in 2009 will largely depend on how effective governments’ economic stimulus measures are, the International Labor Organization cautioned.

    Worldwide unemployment by the end of the year will range between 210 million and 230 million people, the agency said in its annual Global Employment Trends report.

OAM 567 01-04-2009 18:26 (última actualização: 02-04-2009 00:09)

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