RICH GET RICHER & POOR GET POORER - British Pound Falls Against Major Currencies
Pound Sterling has shrunk in value in the run-up to the Autumn Statement but analysts say it is still too early to call an end to the short-term recovery rally we have seen over recent weeks. But how high can GBP/EUR go? THE POUND has soared against the Euro to the highest level in two months - news to British tourists' The rate went up thanks to Theresa May’s hints at a ‘transitional’ Brexit, which would soften the blow for business.
The rate was also helped by the impending Italian referendum and French election adding downward pressure to the single currency.
Speaking about the surge today, Simon Phillips, retail director at No1 Currency, said: “Black Friday has come four days early for holidaymakers - the Pound’s steady rise means the cost of a foreign trip keeps falling. GBP Pound "British Pound" UK GB British "United Kingdom" Drop Currency forex "Forex Trading" Trade Trading Poor Poverty Rich Elite Millionaire Billionaire Property China London EU Europe Crisis Economy "Credit Suisse" Doom Money Debt Credit "Credit Card" Value Asset Chinese wealth wealthy asia asian growth interest "interest rate" dollar USD gold silver bullion "Buy Gold" "Sell Gold" Bank Banking Savings "Bank Account" "Savings Account" Elite NWO Agenda" "Cash For Gold" Sale 2016 2017 prediction collapse end game jim rogers marc faber gerald celente david icke alex jones coast to coast am bitcoin whisky investment
“Sterling’s surge has been strongest against the Euro, and the Pound now buys more Euros than at any time since the middle of September. Weak pound 'to push up price of electrical goods' Couples must prove their newborn baby has arrived nine months after their stay at the participating hotels.
China's rich are defying the country's economic slowdown, growing their personal wealth at an astonishing pace and moving money abroad. Capital flight has continued, despite checks and the government’s efforts to bring back funds transferred out of China.
An additional 65 business people have entered the Forbes’ China Rich List this year, highlighting the rise in the number of billionaires in the face of the country’s economic slide. Forbes recently said the wealth of the 400 listed members rose 14 percent, which is more than double the 6.7 percent growth seen in China’s gross domestic product. Hurun’s China Rich List of individuals with a net worth exceeding $300 million saw 179 people added this year to the list of 2,056 millionaires.
“Despite the overall economic slowdown in China, a lot of industries are prospering. This is particularly true of the IT sector, which has high valuations of 50-60 times their earnings,” Thomas Gatley, chief corporate analyst for Gavekal Dragonomics, said in explaining the rising number of billionaires.
Analysts look at stock prices of listed companies and work out potential values of unlisted firms before arriving at the net worth of company owners. Why Being A Billionaire In China Comes With The Risk Of Disappearance, Arrest Or Worse Another billionaire, Zhou Chengjian, went missing for a week in January. Shanghai Metersbonwe Fashion & Accessories, founded by Zhou, never said what happened. The company’s shares fell 30% in the past year, knocking Zhou from the top 100 richest Chinese.
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“once a standing army is established, in any country, the people lose their liberty.”
“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin
The people who cast the votes decide nothing. The people who count the votes decide everything.
Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?
PHILIP ZIMMERMAN, DER SPIEGEL
“Some call it Communism, I call it Judaism.”
Rabbi Stephen Weiss
“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941
Taxing People is Punishing Success
There's the rich, the poor, and the tax payers...also known as the middle class. Robert Kiyosaki
The Tax you pay is The Bill for Staying Stupid
“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus
The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild Bros
"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.
This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.
By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."
USA Banker's Magazine, August 25 1924
Cutting Tax Rates stimulates Economic Growth creates more Profit , more Jobs and therefore The Treasury ends up with more Tax Money
Taxation is legalized Theft
"The Objective of the Bank is not the control of a conflict , it's the control of the debt that a conflict produces . The real value of a conflict , the true value is in the debt that it creates . You control the debt , you control everything . this is THE VERY ESSENCE OF THE BANKING INDUSTRY , to make us all , whether we be nations or individuals , SLAVES TO DEBT " An UNKNOWN Banker
Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....
"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich
There is NO political answer to a spiritual problem!
Political Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship
The modern definition of racist is someone who is winning an argument with a liberal
When People lose everything and have nothing left to lose , They Lose It !
Your Greatest Teacher is Your Last Mistake
The one who Controls the Education System , Controls Perception UNKNOWN
"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."
Albert EinsteinIn The Left Nothing is Right & in The Right nothing is Left
Freedom is not Free
Don't Steal The Government Hates The Competition
"Buy The Rumor , Sell The Fact " Peter Schiff
You can love your Country and not your Government
" The Government Works for ME , I do not answer to them They Answer to ME "
"Tyranny will Come to Your Door in a Uniform "
"The Government is not The Solution to our Problems , The Government is The Problem "
"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato
The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo
"The people should not fear the government for it is the government who should fear the people" UNKNOWN
"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN
"They don't control us , We empower them " UNKNOWN
"Serial Killers do on a Small Scale What Governments do on a large one..."
Serial Killer Richard Ramirez
"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."
Schools manufacture people who think that they're smart but they're not.
Education is what you learn after you leave School
" Schools were designed to create employees for the big corporations."
"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson
Dissent is the highest form of patriotism
“True education makes you feel stupid. It makes you realize you have so much more to learn.” Robert Kiyosaki
"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way
"Aspire not to have More but to be More "
The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
Robert T. Kiyosaki
"Failure is simply the opportunity to begin again. -This time more intelligently." Henry Ford
What You Own Owns You
If you expect the government to solve your problems, you have a problem. Robert Kiyosaki
"Those who give up their liberty for more security neither deserve liberty nor security." Benjamin Franklin
"None are more hopelessly enslaved than those who falsely believe they are free.” - Johann Wolfgang von Goethe
"Always trust someone who is seeking the truth , never trust someone who found it" Jordan Maxwell
Be The Change you want to see in The World
Failure inspires winners but defeats losers
“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb
"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.
Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN
Let me tell you why you're here. You're here because you know something. What you know you can't explain, but you feel it. You've felt it your entire life, that there's something wrong with the world. You don't know what it is, but it's there, like a splinter in your mind, driving you mad. It is this feeling that has brought you to me. Do you know what I'm talking about?
Morpheus The Matrix 1999