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Valentin KATASONOV

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A meeting on the Elbe River, but without Russia: the G7 Finance Ministers’ meeting

The Group of Seven (G7) Finance Ministers’ meeting is to take place in Dresden (Saxony) in Germany on 27-29 May. It will be the Group of Seven’s last major event before the G7’s final full-scale summit at Schloss Elmau in the Bavarian Alps on 7-8 June 2015. The Group of Seven is made up of Germany, the US, Canada, Japan, France, Great Britain and Italy...

Valentin KATASONOV | 28.05.2015


 

America is on a Banking Delayed-action Mine

Since 2009, it has been compulsory for all major US banks to pass an exam called a stress test. The test checks the banks’ ability to withstand sudden changes in economic and financial conditions. Put simply, it assesses the banks’ ability to survive should America experience a financial crisis similar to the one in 2007-2009. In all the years of testing, the majority of US banks have received a rating of ‘satisfactory’, and even then with a stretch of the imagination. Some banks have had to retake the exam... The results of the stress testing shows that America is living on a delayed-action mine called the US banking system, and sooner or later this mine is going to explode...

Valentin KATASONOV | 23.05.2015


 

Banks Rule the World, but Who Rules the Banks? (II)

...Here we can recall a study by specialists from the Zurich Institute of Technology in Switzerland, the aim of which was to reveal the controlling core of the global economic and financial system. In 2011, the Swiss specialists calculated that there were 1,128 companies and banks at the core of global finance at the beginning of the financial crisis (2007). An even denser core of 147 companies was revealed within this conglomerate. The authors of the study estimated that this smaller core controlled 40 per cent of all corporate assets in the world...

Valentin KATASONOV | 15.05.2015


 

Banks Rule the World, but Who Rules the Banks? (I)

These days, it is already a truism that the hegemony of the US is based on the Federal Reserve System’s (FRS) printing press... During the 2007-2009 global financial crisis, the FRS quietly gave out more than $16 trillion worth of credit (virtually interest free) to various banks. The owners of the money gave out the credit to themselves, that is to the main shareholder banks of the Federal Reserve... While the makeup of the Federal Reserve’s main shareholders is more or less clear, however, the same cannot be said of the shareholders of those banks who essentially own the FRS’ printing press. Who exactly are the shareholders of the Federal Reserve’s shareholders?..

Valentin KATASONOV | 14.05.2015


 

Washington versus Beijing: Curbing the Yuan

One of the monetary and financial tensions between China and the US is the possibility of the yuan becoming a reserve currency... Every five years, the IMF carries out a review of the reserve currency basket. The next review is due at the end of 2015. Experts believe that the Chinese currency meets all the requirements of a reserve currency... According to some reports, a number of countries (most notably Germany and Australia) might support China during the currency basket review in December 2015... Washington’s vote against the yuan could put paid to the International Monetary Fund once and for all, and this would lead to a radical restructuring of the global financial order that would not be to the benefit of Washington and the US dollar...

Valentin KATASONOV | 11.05.2015


 

Reparations from World War II: That Case Is Not Yet Closed

...Reparations from the era of the Second World War have not reemerged as a subject of discussion since 1975 when the Helsinki Accords were signed. However, in the late twentieth century the West unilaterally shattered the Yalta-Potsdam system of international relations and circumvented the precepts that had been formalized in the Helsinki Accords in 1975. With this in mind, it makes sense to refresh our collective memory regarding the history of German reparations and resubmit the bill that resulted from that war, which Germany has never paid in full. 

Valentin KATASONOV | 08.05.2015


 

Reparations from the Second World War. Stalin’s Generous Gesture

Of all the harm inflicted on all the Allied countries (the Soviet Union, United States, Great Britain, and France) during the Second World War, approximately half occurred in the USSR...At the Yalta Conference in February 1945, Stalin suggested that Germany pay a total of $20 billion in reparations, anticipating that half of that sum ($10 billion) would go to the Soviet Union - the country that had made the greatest contribution to the victory and endured more than any of the other nations in the anti-Hitler coalition. With some conditions, Franklin D. Roosevelt and Winston Churchill agreed to Josef Stalin’s suggestion...In fact, the German reparations that the USSR agreed to accept would barely provide compensation for a mere 8% of the direct damages inflicted upon the Soviets. And the costs of only 2.8% of the total damages were recouped. This appeared to be a generous gesture on Stalin’s part.  

Valentin KATASONOV | 07.05.2015


 

The Economic Price of the Soviet Victory in the Great Patriotic War

The West continues to disavow the USSR’s momentous contribution to the defeat of Nazi Germany and her satellites. But there is documentary proof that can refute any speculation on this subject. Suffice it to point to the economic price of the victory won by the people of the Soviet Union...The USSR bore the burden of 53% of all the military expenditures and direct economic damages to the four victorious countries (USSR, USA, Great Britain, and France). Stalin was exactly right when he suggested at the Yalta Conference that half of all the German reparations should be paid to the Soviet Union...

Valentin KATASONOV | 06.05.2015


 

Anglo-American Money Owners Organized World War (II)

The Bank of International Settlements (BIS) played an important role during the Second World War. It was created as an outpost of American interests in Europe and a link between Anglo-American and German businesses...Switzerlandbecame the place where gold seized by Germany in different corners of Europe was transported to for storage. In the March of 1938, when Hitler captured Vienna, part of Austrian gold was transferred to BIS vaults. The same thing happened with the gold of Czech National Bank (48 million USD). As the war started, the flows of gold poured into the Bank of International Settlements. Germany got it from concentration camps and as a result of plundering the wealth of occupied countries...

Valentin KATASONOV | 05.05.2015


 

Anglo-American Money Owners Organized World War II (I)

The war was not unleashed by frenzied Fuhrer who happened to be ruling Germany at the time. WWII is a project created by world oligarchy or Anglo-American “money owners”. Using such instruments as the US Federal Reserve System and the Bank of England they started to prepare for the next world conflict of global scale right after WWI. The USSR was the target... There were key figures behind the plot: the Rockefellers, the Morgans, Lord Montagu Norman (the Governor of the Bank of England), Hjalmar Schacht (President of the Reichsbank and Minister of Economics in the Hitler's government)...  

Valentin KATASONOV | 04.05.2015




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    Valentin KATASONOV

A meeting on the Elbe River, but without Russia: the G7 Finance Ministers’ meeting

The Group of Seven (G7) Finance Ministers’ meeting is to take place in Dresden (Saxony) in Germany on 27-29 May. It will be the Group of Seven’s last major event before the G7’s final full-scale summit at Schloss Elmau in the Bavarian Alps on 7-8 June 2015. The Group of Seven is made up of Germany, the US, Canada, Japan, France, Great Britain and Italy...

28.05.2015
 
 
 
 
 
 
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