Treasuries Lose Allure for Asia, Europe Investors

[DrYB/C]

Brace for impact!

1. Treasuries Lose Allure for Asia, Europe Investors
http://www.bloomberg.com/apps/news?p...xEkIM&refer=us

2. US generals planning for resource wars
http://www.irishtimes.com/newspaper/...998220381.html

3. Brigade homeland tours start Oct. 1
http://www.armytimes.com/news/2008/0...eland_090708w/

[D-Mack]

Re: Treasuries Lose Allure for Asia, Europe Investors

Brace for impact!



2. US generals planning for resource wars
http://www.irishtimes.com/newspaper/...998220381.html

This thinly-veiled reference to Russia and China will, perhaps, come as little surprise given recent events in Ossetia and Abkhazia. The explicit reference in this context to future resource wars, however, will probably raise eyebrows among the international diplomatic community, who prefer to couch such conflicts as human rights-based or rooted in notions around freedom and democracy.

The document, however, contains no such lofty pretences. It goes on to list as a pre-eminent threat to the security of the US and its allies "population growth - especially in less-developed countries - [which] will expose a resulting 'youth bulge'."

The military was always blunt, reminds me a bit of Robert Newman

http://www.youtube.com/watch?v=kQhhrzHKMhI

or bit of Thomas P.M. Barnett
http://www.thomaspmbarnett.com/pnm/index.htm

[Slimprofits]

Re: Treasuries Lose Allure for Asia, Europe Investors

The Telegraph (UK): US dollar set to be major casualty of Hank Paulson's bailout

...whether or not this is the beginning of the end of the dollar’s pre-eminence in the world’s central banks and foreign exchanges, the economic landscape has undoubtedly changed forever.

[..]

“The magic trillion-dollar deficit is within sight,” says Simon Derrick, of Bank of New York Mellon, “The combination of the fiscal position and loose monetary policy is likely to be significantly dollar-negative. With an expanding supply of US paper they might want to hold something else as their safe haven, which might mean other currencies and might just as easily mean commodities such as gold.”

[..]

“The Treasury has committed the nation’s FX reserves to supporting the money market industry,” said Chris Turner, head of foreign exchange strategy at ING. “That suggests to us that the dollar has fallen down the list of the administration’s priorities – a worrying development for foreign investors in the US.”