Central Bankers Consider Dictating Climate Policy to Private Businesses

By Eric Worrall – Re-Blogged From http://www.WattsUpWithThat.com

What is the difference between a centrally planned Communist economy, and an economy where Central bankers punish businesses which defy their investment directives?

Global Warming Is a Central Bank Issue

Ferdinando Giugliano, 13 April 2018, 3:30 PM

Last week, central bank governors from the U.K., France and the Netherlands met in Amsterdam to discuss how to adapt regulation to the risks posed by climate change. Together with five other institutions (from China, Germany, Mexico, Singapore and Sweden), these central banks have formed the “Network for Greening the Financial System” (NGFS). This group has two objectives: sharing and identifying best practices in the supervision of climate-related risks, and enhancing the role of the financial sector in mobilizing “green” financing.

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Why A Dollar Collapse Is Inevitable

By Alasdair Macleod – Re-Blogged From http://www.Gold-Eagle.com

We have been here before – twice. The first time was in the late 1920s, which led to the dollar’s devaluation in 1934. And the second was 1966-68, which led to the collapse of the Bretton Woods System. Even though gold is now officially excluded from the monetary system, it does not save the dollar from a third collapse and will still be its yardstick.

This article explains why another collapse is due for the dollar. It describes the errors that led to the two previous episodes, and the lessons from them relevant to understanding the position today. And just because gold is no longer officially money, it will not stop the collapse of the dollar, measured in gold, again.

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Complacency Reigns Supreme

By Burt Coons (PLUNGER) – Re-Blogged From Rambus Chartology

I had intended to post part III of my interest rate series, however market conditions dictate that I post views on the current market.  This market is now communicating that it is at high risk.  For two months now,  I have been advocating a strategic retreat.  Head for the sidelines and watch the action with an unemotional detachment.  The market is now sounding the alarm and one should be on high alert for a downside acceleration.

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Amazing Amount Of Gold The US Exported Since 2000

By SRSrocco – Re-Blogged From http://www.Gold-Eagle.com

The U.S. exported a stunning amount of gold since the turn of the century.  As the price of gold surged along with the massive increase in U.S. debt, gold exports jumped to record highs.  In 2012 alone, the United States exported nearly 700 metric tons of gold.  The total amount of U.S. net gold exports over the past 17 years equaled the combined gold reserves of six high ranking countries.

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Weekly Climate and Energy News Roundup #305

By Ken Haapala, President, Science and Environmental Policy Project

Brought to You by www.SEPP.org

Group Think: Author and journalist Christopher Booker has produced an extensive booklet for the Global Warming Policy Foundation (GWPF) applying the concept of groupthink to the climate establishment. This is not the first time the concept has been so employed. Others, such as Tim Ball, have used the concept, but Booker’s effort is the most systematic and comprehensive.

Groupthink describes systematic errors made by groups when making collective decisions. It was popularized by Research Psychologist Irving Janis in his 1982 book of that title. Janis used it to describe the poor US preparation, despite warnings, for the Japanese attack on Pearl Harbor, and the failed US-supported invasion of Castro’s Cuba in 1961. His work suggests that pressures for conformity restrict independent and critical thinking by individuals of the group, biasing the group’s analyses.

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Global Trade: Looking at the Big Picture

Mark Fleming-Williams   By Mark Fleming-Williams – Re-Blogged From Stratfor

Highlights

  • Global trade is in flux after the United States has made clear that it is no longer willing to take the lead.
  • While the United States wants to shake up international commerce, China wants to preserve the status quo, and Europe wants to continue on the post-war path.
  • The divergent interests of other countries and blocs, including China, Japan and the European Union, will make substantial alignment without the United States difficult.

(IStock Photos)

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