Myths about China's economy

5 popular misconceptions about the Chinese economy.

Number 1. China has become a world economic power, while the U.S. and Europe will be the "periphery."

Myth!

Even if the Chinese economy will overtake the U.S., by such indicators as "per capita GDP," China will still be much poorer than America. Besides, China can not grow forever. With increasing wealth the economy slows. Everybody remembers a fast-growing Japan, which stopped and stagnated all the 1990s.

No. 2. U.S. Federal Reserve can print as many dollars as they wish, while the Chinese yuan is much more reliable than the U.S. currency.

Popular, but incorrect assertion.

In today's world the value of the currency is determined by supply and demand for it. And demand is determined by the amount of goods that can be purchased for that currency. In a world where there is no "gold standard" is incorrect to speak of "insecurity" of a currency.

As for China, there has been growth in money supply by one of the fastest in the world. And the ratio of the monetization ratio to GDP reaches nearly 2 to 1. For comparison, the United States the figure is 65%.

The rate of growth of money supply in the United States, including all of the quantitative easing program, well below the growth in China. And in the Middle Kingdom money supply is growing at 30% for the fourth consecutive year.

No. 3. Economy of the U.S. and Europe are doomed, as mired in huge debts. Against this backdrop, China has gone far ahead.

That's not true!

This is another striking example of illogical judgment. The same problem (in both developed and developing countries) due to a boon for China, and also a disaster for the West.

The solution of debt problems in developed economies is usually associated with austerity measures. However, if we look at China, it turns out that the country is also borrows and spends well as all the rest of the country.

In addition, China has large cash resources of $ 1 trillion, which he can throw at sustaining economic growth. At the same time, mind you, nobody comes up with apocalyptic scenarios for the Chinese economy, as do the "gravediggers" of America and Europe.

The solution to the debt crisis lies not only in the austerity measures, but also in the correct monetary policy.

No. 4. China can stimulate economic growth in a way that will be released from any slowdown, while monetary incentives in the U.S. and Europe are working inefficiently.

Again, not true!

Many believe that all that bad for the West - is good for China. It is believed that the U.S. and Europe are on the way the Japanese, who with endless rounds of quantitative easing, and can not restore sustained economic growth.

By the way, it is worth noting that China, too, is free to print money. If Celestial includes "printing press", then, of course, it helps to avoid a long recession. But the fact that a similar act of the United States, when the Fed prints dollars, is seen by many as the printing process of "empty green pieces of paper."

Unfortunately, not everyone is saying that China is now Japan is very similar to the late 1980s. (Or the U.S. in the late 1920s.), Who had a trade surplus, inflated real estate market, an aging population and huge reserves of foreign
 
currency.

No. 5. The presence of China's foreign exchange reserves of $ 3.18 trillion suggests that the citizens of the Middle Kingdom is incredibly rich.

Delusion!

People who say that such a stock of reserves indicates the wealth of the country, did not specify many details. Namely, the fact that these stocks do not citizens of the country.

Huge stock of foreign exchange reserves due to the fact that the Chinese monetary authorities to intervene in the foreign exchange market, by encouraging domestic exports. To artificially low yuan is needed foreign currency. To purchase the Chinese central bank releases additional funds. That's it.

So the amount of foreign exchange reserves says absolutely nothing about the welfare of its citizens, not to mention the fact that this issue is "ill-conceived run the printing press."

Like the Greeks before the elections, the money is removed

As previously reported, the banks take up to 800 million euros a day, and this process continues for several weeks. But people tend to spend their savings on long-term storage products such as cereals, pasta. This desire is associated with fear, and for the very currency.

Recall that on Sunday, June 17 elections will be held, where a victory could win a Democratic Party SYRIZA, which rejects all kinds of austerity measures.

The victory of the party can turn back the release of the euro area of ​​Greece. In this case, the calculations in the country will be held in drachma, and what may be its value, now no one knows. Recent opinion polls conducted among various strata of Greek society, have shown that the conservatives of the party "New Democracy", acting in support of the rescue plan approved by the state of the economy, going head to head with the coalition of leftists SYRIZA who intend to give up its implementation.

According to RBC, after the adoption of amendments to the legislation published the results of polls officially banned, but it does not prevent the parties themselves to hold them. According to one member of the sociological center, the reality is not changed since the end of the last election, and if you appear in the press
 
data to increase the support of a force, it is a "surge", which is carried out to mislead the voter.

Recall, for Greece the prospects of default and exit from the euro regained real form after the parliamentary elections on May 6 this year Then, by the election results Conservative Party of "New Democracy" won 108 seats (18.85% of votes), radical left coalition SYRIZA - 52 seats (16.78% of the vote), and the Socialist Party PASOK - 41 seats (13.18%) in 300-seat parliament in Greece. However, came to power political forces were unable to form a government.

It should be noted that for investors against capital flight from Europe, wondering whether the SNB to keep its currency at the established level of 1.20. Shopping franc continues. Whether in case of Greece from the monetary union Swiss regulator to keep the defense, that's another affair.

How to save my Euro?

The Russian Central Bank has gradually reduces the dollar on the foreign exchange market intervention. This means that support for the ruble exchange rate will be over soon and the prices of foreign currencies will be used again at a gallop

Despite attempts to curb the Central Bank exchange rate fluctuations in the "acceptable corridor", the value of the currency basket is chosen more confident to the upper boundary of the price set by the Central Bank. Experts believe that in the next month and a half dollar and the euro can easily pierce the ceiling, and the ruble, respectively, roll down - to the delight of the Ministry of Finance, and unfortunately for the Russians.

- We must understand that because of the oil desheveyuschey Russian budget for a long time loses money. And so the weaker ruble - benefit from the economy and government - says Anna Bodrov, the analyst "Investkafe." - So then in the plans of the Central Bank - after release of national currencies in the "free floating", ie to stop measures to contain rates.

And let them roll ...

Judging by the actions of the Central Bank in the currency market, the Russian regulator is really losing interest in supporting the ruble. So, on Tuesday, June 5 The Central Bank bought up as much as 6.76 billion rubles., Thus creating artificial demand and by the environment, allowing the ruble to add almost 74 kopecks against the euro and 83 kopecks. dollar. But on Wednesday, the volume of interventions amounted to 5.97 billion rubles. - Almost a billion rubles less - and by Thursday the dollar lost 41 kopecks., Euro - almost 56 kopecks. And finally, on Thursday, the Central Bank bought the entire 2.28 billion rubles., Then on Friday the ruble has grown slightly, and on Saturday the 9th again began to fall. Recent auctions have closed on the values ​​of 40.79 rubles. for the euro and 32.58 rubles. the U.S. dollar.

The "delight" at the exchange rates of this and next week, do not take anyone's guess, even by experts.

- Foreign exchange and stock markets in the short term has long been divorced from the real economy, and trends in those markets create large speculators, rather than macro-economic processes, - analyst IK "TRADE PORTAL" Alexey Rybakov.

Therefore, waiting for news from Greece (which has traditionally been accused of currency fluctuations, both Russian and Western politicians), or follow the U.S. election campaign - is useless and even dangerous, warn economists.

- I want to warn all natural persons from spontaneous trips to the exchange offices and banks: the spontaneous actions are most often based on emotions and bring only losses - Managing Director, said "TRADE PORTAL" Paul Filippenkov. - The Russian ruble is highly dependent on oil prices, and this is one factor that we are unable to control - it's sort of an external variable. Although logic and is extremely simple: high oil prices - expensive ruble, and vice versa, cheap oil - a cheap ruble.

- At the moment, if we take into account fluctuations in the ruble exchange rate, no serious "perekroek" principle should not take the savings, the recommendation is relevant to the majority of Russians, whose savings rate is not the hundreds of thousands of rubles - agrees Bodrov. In the metal, rather than in paper

For large purchases that you have planned for late summer or early fall (auto, furniture, household appliances), it may be worth Prestressing and make them now - in fact already in mid-July, the ruble could continue to fall sharply, which means that all the goods of foreign production or with foreign components considerably more expensive.

- But unplanned purchases - in order to "invest" in something tangible Dollars - should not do, for example, buy washing machines, or quickly take out a loan on the car, which until then was you do not need - said Filippenko. - Happiness does not bring such purchases, cash prize - even more so.

As noted by Bodrov, in the middle or end of the summer season there are always deals from tour operators, special promotions, sales and other one-time offers from retailers. That they should pay attention to - within reason - but in any case not to throw everything out of considerations of "if only to grab until you become more expensive."

- If there is a desire to invest in something, you should pay attention to the OMC - unallocated metal accounts - or ruble deposits for which the rates so far look attractive - recommends Bodrov.

According Filippenkova, one of the most attractive way to save the ruble savings is "a very long mortgage, 20 years old and above."

- Payments for it in 5-7 years will be substantially eaten by inflation, ie, you get a loan with a very noticeable discount, - says Filippenko. - But this option is unfortunately not available to all. It requires quite a large savings. A majority of Russians will approach the breakdown of savings into three parts: one - ruble (it's spending money), one - dollar, and one - in euros. This is a standard strategy for all situations. Do not get, kill

If you want to "beat" inflation, says expert here can help only invest in securities.

- But there are already very different risks, and to go without professional training and robust monetary base is not necessary. In general, it is absolutely safe savings strategies simply do not - that's a modern financial system - concludes Filippenkov.

- If you are afraid of sharp fluctuations in exchange rate, do not make any hasty "sudden movements" - adds Bodrov. - The conversion of a particular currency, you can lose more than save money.

A similar view is held by well-known economist and journalist, Mikhail Khazin, in his words, "value for money - but still such that they can not lose - it's great art. This is an issue that requires careful analysis of the identity of the investor and the long discussions. "

- If you decide to engage in investment, you need not just any book for "Dummies" and an investment adviser. He - as a family doctor. Because you have to look for ways to invest money, the most comfortable and understandable for you personally - said Hazin during an online conference on AIF.RU.

The only more or less affordable and, most importantly, reliable way to invest your Dollars Economist says invest in precious metals, specifically - in gold.

- If you want to make an investment for 20 years and nothing to worry about, it is better to buy gold, although some time ago we saw a sharp rise and then an equally sharp fall in gold prices, my opinion is that it is still historically will rise - said Khazin. - In 2002, the year it was obvious that gold will replace the dollar on the positions of the measure of value in the world - and this is the main factor of its stable growth. Look 10 years ago, the price of gold was very low, but has since grown to 7-8 times.

But this investment should be long-term,

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less than 3-4 years does not make sense to hide their money in gold bullion, he said.

The main thing now - do not indulge in the "apartment" and did not venture to buy the first available living space in the hope of saving savings from inflation and devaluation.

- Yes, real estate investments - one more way to "invest the money and not think about them 20 years", - says Khazin - but first, you will need to rent this apartment - and it is not an easy job, and secondly , it is unknown whether as a result of this benefit, because for those 20 years, the situation in the market can change dramatically. For example, in some European cities for certain types of real estate taxes are imposed, and fees for housing services, the costs of maintaining the apartment begin to exceed the rental income. In Russia, too, can fall into this trap.

Where to invest?

The uncertainty in financial markets, tightening the noose around the neck of the European economy, a hard landing in Asia - all this is a very negative effect on investors around the world.

However, the Bank of America Merrill Lynch assured - there is no one way to not only protect their savings, but also a good idea to cash in the current turmoil in world markets. The experts of the company, not hiding, they say that this summer will be some very real opportunities for investment. The main thing - do not miss the sight of them, and properly dispose of this knowledge.

A. U.S. housing market may return

Analysts said Bank of America, mortgage-backed securities in recent years become an increasingly popular investment vehicle for investors. It is hoped that in the fall of the U.S. Federal Reserve could start another round of monetary stimulus, which will have an additional incentive for the development of the market. Thus, we can expect similar growth in the value of investment assets.

Two. Stocks with the growing size of dividend

Another marketing tool, which is worth paying attention - it shares with the growing size of dividends paid. They are, by and large, can be ranked as yet undervalued assets. Such primary financial instruments are cheaper in comparison with stocks that pay high dividends is established. Experts BofA is not without reason, indicate that as soon as the payment may increase, and after them will be pulled and the income of the investor. It is also noted that such shares is less responsive to rising interest rates.

Three. Follow desheveyuschy assets in Europe

At Bank of America warned traders from being able to invest in European securities, albeit fairly depreciating under the pressure of the crisis erupted. As experts of the financial corporation, the recession in Europe has not ended, which means that financial assets will continue to be adjusted.

However, in this situation it is important not to miss the beginning of a growing trend. At BofA sure that when the markets will rally, will be particularly attractive to use paper banks, showing the strongest growth rates.

4. Do not be afraid to bet on gold

Not any commodity, especially among the metals, demonstrated over the past 12 months, more volatile than gold. Last year, he literally hammered investors from around the world in the hope of the protective properties of the yellow metal. Price per ounce reached for up to $ 1920, but the subsequent crash left no stone unturned in the status of the asset-seekers. At the beginning of the year again saw an increase was reversed. In mid-June gold traded at $ 1620, and many are wondering - what will happen next?

At Bank of America to answer this question clearly - will continue to grow. Monetary easing by the central bank will increase gold prices. According to statistics, over periods of QE1 and QE2 prices increased on average by 20%. So there is now reason to expect a return on investment.

Five. Do not be afraid to invest in U.S. technology sector

Papers of high-tech U.S. companies are currently traded at a discount relative to the broad market index S & P 500. This situation is not typical for the exchange and, in fact, observed for the first time since 1996, Against this background, there is room for dividend growth, a wave of share repurchases and increased investments by industry representatives, which will have a stimulating effect on the quotes of companies. In addition, BofA indicate that the financial results this year are smoother than in previous periods.

6. Corporate debt will be the price

Recently, credit spreads on debt securities increased significantly, creating a point to enter the market. Yields on corporate bonds around the world demonstrates the growing trend and exceeds the corresponding figure of sovereign bonds by 99 percentage points In addition, high-quality bonds had now been clearly overweight.

7. Pay attention to the emerging markets of Asia

Analysts at Bank of America believes that emerging markets in Asia and Latin America will be able to survive the European debt crisis. However, according to BofA, the growth of the Asian market this year amounted to about 6.8%, which could double the corresponding figure of Latin American market. In Asia, according to American bankers, there are a healthy banking system, as well as lower inflation pressures in the economy. And in conjunction with the projected stimulus programs in China, the growth may be even stronger.

Eight. Look for developed companies in emerging markets

According to experts BofA, growth companies in emerging markets is currently very overpriced. On the other hand, companies in developed economies, hosted in emerging markets, by contrast, show growth of quotations. And the bet is to do more and that
 
real consumption growth in emerging markets grew on average by 7% from 2007

9. By investing in the retail stores choose a fixed-price

As experts believe, the category of retail stores offering goods at a fixed price will rise regardless of the pace of U.S. economic recovery. We can expect business growth by 6-7% on an annualized basis, and of particular importance when choosing an investment objective is to give a growing share of sales of tobacco products and alcoholic beverages.

10. Insure their deposits with the mind

Now there is a situation in which the correlation between different asset classes has reached its maximum value over the years. Growing uncertainty and fears of large-scale crisis should encourage investors to diversify their asset portfolio.

Who united to rule the world?

Two of the world's most legendary family of financiers has officially merged part of their capital.

Proponents of "conspiracy theory" has long been demonized in this family. Assuming that they secretly rule the world, organize war and conflict. Like, even the global financial crisis in 2008 - they are doing.

"They are hidden behind thousands of names"

Seniors in the souped alliance - the Rothschilds. Some conspiracy theorists call their descendants "unreasonable Khazars" who have a prophetic Oleg revenge. Like, they fled to Europe in the tenth century after the defeat of Prince Svyatoslav powerful Khazar Empire.

Officially, the founder of the dynasty Amschel Mayer Rothschild is considered. Born in Germany in 1744. The family of the Jewish money-changers. Created his own bank. Sons sent to branch the family business in London, Paris, Vienna and Naples.

The Rothschilds were the largest lenders of European governments. Later, their interests and moved overseas. In fact, a wise Mayer Amschel and created a global, as one would say today, the financial system, independent of the governors of certain states. No wonder he said, "Give me the right to issue and control the money of the country, and I would be totally do not care who make the laws!" (This covenant fulfilled his heirs.)

In the 19th century, the Rothschilds were considered the richest family of the planet. In order to not leave money on the side, the patriarch of organized marriages between cousins ​​and second cousins ​​relatives. That later led to accusations of incest. In the late 19th century, the Rothschilds, a new feature - a marriage of convenience. So they intermarried with other major bankers, in fact, put them under the control families. Strengthen its position in the global financial system. Another important fad Families - not to boast of wealth. Big money like silence. This gives rise to some analysts argue that the influence of the Rothschilds in the modern world have long lost their branches degenerated. Certainly not!

"The Rothschilds have spent hundreds of years to hide the true extent of his network of global control - says Jerusalem Rabbi Aaron Cohen, a researcher at the history of the famous Jewish dynasty. - When I say "The Rothschilds", I mean not only the immediate members of this family, or even people wearing this name. In the Rothschild family is a lot of people, it has many branches, which do not imply a hierarchy. And there are a lot of the Rothschilds, who do not call themselves that. As I painted in my books, they have long been a breeding program to produce offspring under different names. When these people come to power, they carry the genes of the Rothschilds and are subject to their system, but officially, the Rothschilds are not. That's the difficulty of assessing their penetration into the government, the financial sector - they are hidden for thousands of different names. House of Rothschild and their agents to leading positions in government, banking, business, pharmacy, biotechnology, media, etc., act as a whole to make a reality of the world Orwell described have control over the population, including the Jews " .

Rockefeller dynasty against this background - very "green."

Founder - John D. Rockefeller - born in the United States in 1839. Became a successful banker, mogul. Controlled the entire oil production the United States. The first official world's billionaires. And the rich man who lived on the earth. "Forbes" magazine estimated his fortune in the then $ 318 billion to the dollar at the end of 2007. Slim, Gates and other leaders of the list of "Forbes" HH1 century, compared with John - the poor! Patriarch lived 97 years. His grandson, the present head of the clan David June 12, too, banging 97!

In addition to assets in the world's largest banks, the oil industry and other sectors of the economy, the Rockefellers have much political capital. Nelson was Vice President of the United States under Nixon. David - one of the founders and honorary director of the famous Bilderberg highest western elites.

"Bilderberg" stubbornly believe affiliate secret world government. Meetings are held once a year. If in Europe - only in hotels Rothschilds in the United States, Rockefeller hotels. David founded an authority in world politics "Trilateral Commission", meets and other influential international organizations. It is called the principal globalist world.

In his memoirs,

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Veteran admits that more than a century ideological extremists' attack the Rockefeller family for the extraordinary influence which, they claim we have on the American political and economic institutions. Some even believe we are part of a secret group of conspirators who are working against the interests of the United States, characterizing my family and me as "internationalists", involved in a plot to build a more integrated political and economic structure - one world, if you want. If this accusation - that I admit guilt, and proud of it. "

A hundred years ago, the famous dynasty has joined together to perform a covenant Meyer Rothschild - to produce and control the money of the country. And not just any, and the United States.

The group of bankers (Rothschilds and their relatives, as well as American financiers, led by Rockefeller) then developed a secret plan by a private organization the U.S. printing money. Federal Reserve - Fed. In fact, privatized in 1913, the dollar printing press. At the state level, the project unpopular Fed by hook or by crook managed to push through Senator Aldrich, father-in ... John D. Rockefeller, Jr.. That's where the legs grow unchallenged dominance (yet!) the dollar in the world.

Later, the interests of the powerful clans seem to be dispersed. In particular, because Russia. Rothschild's first season back in the royal, came to us. But the communists to Otterlo Rockefellers. David met with Khrushchev, Kosygin, Gorbachev.

In the post-Soviet period, according to Western scholars, Rockefeller allegedly wanted to seize Yukos. But Khodorkovsky seems to have chosen the Rothschilds. And even wrote to them a large portion of the shares. Well, got burned.

But if it was cool between financiers, then long forgotten. Rothschild returned to Russia, the leader of the younger generation of the dynasty, Baron Nathaniel. A friend of the oligarch Deripaska, Rusal board member.

And now - the new official association of powerful dynasties. Unexpected. What is this?

Just trying to survive together in the coming second wave of the global crisis, as interpreted by the official financial analysts? But these families alone will be enough resources, money and influence through a new wave. It is only to the Rothschilds unofficially credited with 10-20 trillion dollars of capital.

Rather, we can talk about the desire of two dynasties to ride this wave and continue to dominate in the new, post-crisis world. Indeed, the global economy is really on the verge of major new shocks. The only question, she shakes it, or someone unknown to organize shaking.

Important and the fact that Rockefellers to the Rothschilds is not just the big players on the world economy, and politics. They trust in the management of their money other super rich. There is a union of a whole group of powerful financiers of the world.

The official announcement of the same alliance, which was initiated by David Rockefeller, the head of families, and 76-year-old Jacob Rothschild - a sign? Who?

However, it is more strategy. In tactical terms the alliance as may be directed against Germany. She managed to peacefully do what arms and tried to create a lot of blood, Hitler. To become a leader in Europe.

This confuses England, the eternal enemy of Germany. In London, the Rothschilds settled. Let's not forget that England is, though geographically in Europe but not run it pan-European currency - the euro, and the good old pound sterling!

Do not like the rise of Germany and the Rockefellers. Euro - rival the dollar. So the guys together to work together to vdarit Mrs. Merkel, desperately trying to save the eurozone and Leadership native country on the continent.

However, it is all the versions. The true purpose of the alliance of financiers are unlikely to open. Too clever is its people. Can only be judged by circumstantial evidence.

A week passed after the announcement of an alliance Rothschilds and the Rockefellers. Let's see what happened during this period.

"British Petroleum" (BR - the brainchild of the Rothschilds) suddenly announced that she was ready to sell its 50 percent stake in the joint Russian - British Petroleum holding company TNK-BP. The company's shares have fallen sharply, from a Russian partner, the problems began.

It would seem that we, ordinary citizens of Russia, what to do with this? Petrol filling stations after the fall of TNC stock price is certainly not cheaper. Rather, we take it out on oil multinationals. People are more concerned about the sharp weakening of the ruble in recent days. What should I do? Flee to the exchangers, immediately change the wood on the greens?

Authorities tell us that in the fall of the ruble to blame only external causes - falling oil prices, the crisis in the eurozone. (The fact that the country was completely hooked on the needle oil, hence the fever of the ruble - silent, though!) Oil just by itself is not getting cheaper. In the fresh sample of fallen stock, TNK-BP can see how and who does it.

As for the crisis, the eurozone, a curious fact reported at the weekend Tass, citing the officer City of London. "The largest companies and banks in the U.S. and UK to urgently withdraw their money from the eurozone countries." The Rothschilds and the Rockefellers in these major banks and companies - not the last people. Quite the contrary. Shake old Europe?

Cheaper, not only oil but gold. For him, the last month, they say, was the worst in 13 years. I called a specialist in global mining. Rothschild continues to set the daily price of the precious metal, or it is left in the 19th century? Establish, and how, said the expert.

And another interesting fact. Last Thursday at the Marriott on the outskirts of Washington opened the annual meeting of the Bilderbergers, David Rockefeller's favorite child. "Secret Meeting with pretensions to world domination emerges from the shadows," - commented on the event influential The Times. As discussed behind closed doors, the world's elite, the press has not leaked.

Who rules the oil?

6 factors that affect the energotseny

The rapid fall of the ruble, what happened in the last few days, usually at least explain the rapid reduction in price of oil. And it's true. Although the weakening of the national currency, of course, influenced by other factors. For example, capital flight and the desire of the authorities to plug holes in the budget of depreciating rubles. Therefore it is necessary to understand how long will fall neftetseny. As found "EV", four factors are working on cheap oil. And only two - on the road.

"Oil" bears

More recently - in February and March - oil brand Brent, which is considered by the Russian Urals, at times off scale at $ 126/barrel. Now the question is, at best, about $ 96-97. That is, the drop was more than 20%. What will happen next? Unfortunately, in the foreseeable future, oil prices will likely continue to fall in price. Why not? In this direction, operates at least four factors.

The first is well known: the debt crisis on the southern flank of the eurozone. The situation is exacerbated by the recession. And once production falls, then decreases, and energy consumption. So, oil will inevitably fall in price. According to the calculations of various kinds of experts, the almost unavoidable way out of Greece, the eurozone will lead to a drop in its GDP for at least 3-5%. Accordingly, the oil is once again cheaper.

Moreover, the competitiveness of European economy, with the exception of German, is reduced. What do the data on the external deficit. Again this is against the increase in oil consumption.

The second factor that plays against the oil is less known but no less dangerous. In recent years has been steadily slowing rate of growth of developing economies, especially China. In May, the industrial index of this country (just over 50%) suggests that the Celestial Empire is on the verge of stopping the growth of its GDP. So, there will be less to consume oil.

There is, according to many analysts, and a third, purely political factor - the U.S. presidential election in November this year. Barack Obama would be beneficial to come to this date with the most low domestic prices for gasoline. And the opportunities for the U.S. government to manipulate them quite a lot. First of all, through the completion of the strategic or expenditure nefterezervov. However, political factors will never lie on the surface. And they can not always play properly. Then how would do no harm.

But the U.S. has long been brewing fourth factor, which plays a strategic level against the increase in oil prices. In America, brought up to industrial scale technology for extracting oil from shale formations. Gas there has already been successfully produced for several years. Due to this back in 2009, the U.S. came in first place in the world gas production (as a matter asserted "Gazprom" otherwise). Now it's shale oil, which is a dime a dozen overseas. Of course, it is still "dirty" technology often leads to contamination of groundwater by hydrogen sulfide. But the technology in place is not worth it.

"Oil" bulls

Hope still springs eternal. July 1 to fully enter into force an embargo on oil supplies from Iran to the EU. It is approximately 15% of the world's supply. All other things being equal, this should, in principle, to stop the decline in oil prices due to the lack of energy.

Is still another factor in favor of the return neftetsen to at least $ 100 a barrel - to overcome the crisis, or at least blunt the crisis in the eurozone. Which inevitably

 
increase the demand for all types of energy.

But both of these factors, especially the latter, is in serious doubt. The embargo does not cover all consumers of Iranian oil. So the result will be a stabilizing obviously not very noticeable.

In these circumstances, the "health" of the ruble ever will depend on the correct actions of the authorities. In particular, the sound fiscal policy. However, until the government runs the risk of counting in May on the initiative of the Ministry of Finance Budget 2012 to the base of the average price of $ 100 per barrel to $ 115. The latter is clearly this year will be gone. However, the Finance Ministry proposed to the government since the 2013 budget dramatically reduce the average price of oil. For a variety of formulas that differ from year to year, the budget will be laid approximately $ 82 per barrel. Accordingly, it is necessary to cut costs. Then the ruble will not be so hard to dive down.

How to exchange money on the internet?

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How is the money?

How dangerous myth: the money out of money, more money, I want a lot of money, a lot of money fast, how to earn more money very quickly, how quickly to make money?
Negative beliefs blocking the attraction of cash flows. Prejudice - a form of failure, seal ignorance. A successful man is free in his thoughts.
From illusions about the money necessary to get rid of.
Myths about money
Myth number 1 about the money. Gold - is the devil
Misconception about the money: Money - the evil, the subject of the basest desires. Moralists who preach these beliefs are based on the view that the most common motivation of all crimes, including murder - is the pursuit of profit. Fastidious attitude to money such champions of morality is based on the representation of a number of religions.
Persistent rejection of the Catholic Church of market relations has caused a church split, with the millions of victims of war and the emergence of Protestantism, with your money more easily. It's pretty durable myth that pervades many religions.
"Most of the saints were poor people, but it does not follow that the majority of the poor - the saints." William Inge
Sanctimonious attitude to money was also inherent in our recent past. This social illusion of shape in a rather nasty form of hypocrisy. Everyone wanted to live richer, but it is carefully concealed, and the authorities did not welcome such an orientation. Therefore, the black market flourished and speculation.
A man who perceives this myth as truth, belongs to the money passively. He considers himself above the money, and does not want their money. Sometimes a rich man begins to say something like that, but this is outright hypocrisy. Rather, it is a sort of desire to please the crowd, arranged under the general opinion, not to stand out and to hide their level of wealth.
In fact, Gold is not the creation of the devil, as a tool for achieving goals in life. The money is primarily a great opportunity for a happy and prosperous life.
Myth number 2 about the money. Gold - is a god
Misconception about the money: Money is everything to solve the problem. This deification of money in today's world. For many people money - religion, which they worship and serve. If for a moment imagine how many thoughts, desires, energy, activism, people spend their time to serve the spiritual and material to an idol god, the difference will turn out spectacular. This is the reality.
In fact. Money, of course, important, but do not confuse charisma with scrambled eggs. Money - it's just a means, not an end. Gold is not a god, it's just the earth's equivalent of the labor and energy. With the help of money can not solve all the problems completely. You can not buy health, genuine relationships, love and happiness. You can only create good conditions for this.
"Misunderstanding is scant that they consider the benefits of gold and silver, whereas it is only a means to acquire wealth," Francois de La Rochefoucauld
Myth number 3 of the money. The big money - big problems
Misconception about the money: It is better to live modestly, especially a low profile, do not go to the line of fire of success. In this myth about the money laid a grain of truth. Indeed, the money demand relationship active. If a wealthy man strives to preserve and increase his wealth, he must be active.
Imagine that wealth - is a huge multi-storey building. In order to maintain this house in order, we must do something all the time: that light burn out, then the valve will begin to flow, then the plaster posypetsya. To live in a hut is much easier, you can lie down after the hunt and sleep for days.
Money can not simply be stored in a stocking. Then they are worthless. The money must make money, should turn. The civilized approach requires that the capital was working and not lay dormant. It is a living energy, and not just a pile of glittering metal. Mean knights are gone. Today is very different speeds, life has become a dynamic and fleeting.
The money from the money
How to attract money into your life
There's gold reserves - a kind of guarantor of stability, which is statically stored somewhere in the recesses or bank vaults. Money is different from gold. For them, the natural is constantly rotated to invest in commodities, services. They are like streams must flow in all directions and return to the man.
Indeed, when a lot of money problems, but a poor man to a much larger, and the quality of life is much worse.
In fact. Money - is the potential of this method of achieving the goals and desires of life programs. With skillful use, they do not create problems, and help solve them. A sufficient amount of money allows a person to feel at ease and confident.
Myth number 4 about the money. Wealth - the result of luck
Misconception about the money: Many sincerely believe that a lot of money get only lucky people. For example, you can win a decent amount of the lottery or receive their inheritance. According to those who believe in this myth is the availability of money or lack thereof depends on the fate or external circumstances, but not from the man himself. "Now, if I was born into a wealthy country, into a wealthy family," - then another thing most people think. But is it really?
In fact, many millionaires have had a very modest start-up capital, and prospered independently. No wonder a smart man said: "Fools are lucky? So they are not so stupid. "
The Russian people hope for the unexpected good fortune fueled by a fabulous attitude. Suddenly, a miracle happens and he wakes up rich or win a million in a lottery, the slot machine in a casino. Rather than make a serious effort, people indulge in dreams of wealth. Such dreamers at heart consider themselves to be unworthy of the wealth, big serious money. Of course, an element of fate and luck play a role, but to a much greater extent, it depends on the person, of his desire, conscious effort and perseverance.
There are times when the two of Fortune gives the same chance: one uses it, the other does not. In fact. Fate, of course, makes the surprises, but you can spend a lifetime waiting for an expensive gift, so it is not waiting. Successful people are always very architect of his own happiness. Luck comes to those who believe in it and is confident to meet her.
Myth number 5 about the money. The more you work, the more you earn
Misconception about the money: If you work for wear, then sooner or later get rich. As you know, the poor are working from dawn to dusk, receiving for their hard work pittance. Wealth does not come to someone who works hard, and to him who thinks and acts properly. Our personal bank located in the head.
Between poverty and wealth are no compromises. And the poor and the rich can spend the same effort, but the result will be different. You can like Sisyphus rolling a boulder uphill impossibly high, drain the power, slide down and be under a rock.
I want a lot of money quickly
Randy Gage: Free cheese is only inmousetrap
In other words, the degree of stress and the amount of money is not directly related. The money will come only when people are deeply think through their actions, the program will be the so-called business - plan of life and will be targeted to implement it. Only in this case, he can count on success. But most importantly - a state of consciousness: a gold alloy of a strong desire and belief in yourself.
In fact. It is best not to fuss, do not spin like a squirrel in a wheel, and do every step of life balanced, thoughtful, deliberate. First, become rich in ideas. Then Line up the path to prosperity in the head. And, finally, making no unnecessary movements, calm, concentration and determination to start it: Arrange for a promising job or become an entrepreneur, assemble a competent team, study the market and customer needs.

As USA seeks a way out of recession?

Report of the Obama administration about the state of the national labor market has caused new concerns about the prospects of the U.S. economy out of recession.
Just a month ago, a surprisingly high rate of company income and steady growth of the U.S. economy gave investors reason for optimism. Industrial Dow Jones Industrial Average reached its highest level in four years. Then it all went wild. The general concern about the possible withdrawal of Greece from the eurozone supplemented fears about the possibility of bank failure in Spain.
Gloomy picture worsened on Friday released a progress report the White House on employment: according to the document, the increase in jobs in the United States in May amounted to only 69,000, more than half less than that predicted by economists, and unemployment rose to 8.2 c 8,1 percent . The report, in turn, caused the most significant this year's stock market drop on Friday, reducing switches on the Dow by 275 points.
Disappointing Employment Report, as expected, drew everyone's eyes on the White House and Barack Obama. Meanwhile, President of the United States proposed actions clearly underscore the economic recovery, as he, just five months before the election, constrained relations with Europe, China, and with legislators in his own country, whose interests do not always coincide with the presidential.
In his traditional address to the nation Saturday Obama, referring to global problems including the causes inhibition of the U.S. economy, Congress gave special criticism: "While we can not completely control everything that happens in other parts of the world, there are many things we can control for home. There are many steps that we can do right now to help create new jobs and economic growth. "
Do not directly calling their opponents, the Republicans, Obama said that Congress did not approve of the president's actions, such as the involvement of unemployed construction workers to the reconstruction of roads, bridges and runways, empowering small business tax breaks for hiring new staff, to assist the authorities in the state pay work of state employees - teachers, firefighters and police officers.
Many experts remind us that even in 2008 when the country was on the verge of a collapse of the financial system, the majority of Republicans in Congress have rejected the rescue plan for the economy offered by their fellow party members, George W. Bush - well, and help the Democratic president they have even less incentive, especially given the low chances number of legislators for reelection in November.
Meanwhile, experts say, the continuation of economic anemia on hand as Obama's Republican rival Mitt Romney, calling for a change of leadership, as well as Republican lawmakers, who, unlike Obama and the Democrats' call for the extension and deepening of the pledged during the Bush administration has preferential tax regime the wealthiest Americans.
Some observers believe that the situation in the U.S. economy and, in particular, the employment is directly dependent on the escalating fight for the White House. Here's how to comment on Friday's disappointing data on unemployment report, a political correspondent for the Washington Post's Dan Balls:
- I think that for the White House is a wake-up call, reminding of the forms, which took the current election campaign. This is a moment that brings clarity. We all witnessed the strife that accompany the campaign. I am referring to the Obama campaign attacks on Mitt Romney's past activities as head of the investment firm Bain Capital, as well as the return of the tycoon Donald Trump a Republican to the question of the authenticity of the birth certificate of President Obama. Report on unemployment, released on Friday, reminded all of us, in what situation is the country, and what is the problem, deeply caring majority of voters. I think to some extent, this report can make both candidates, Obama and Romney, to return to the heart of the reasons why the country was in such a situation, and think about what each of them intends to do about it.
Trying to assign primary responsibility for the sluggish state of the U.S. economy on the Republicans, Obama also removes some of the blame, and Europe - here he resorts to more diplomatic expressions such as "cloud, pending on the side of the Atlantic Ocean."
- The crisis in the European economy casts a shadow on our own, - the president said. - He belongs to a group of factors,

 impeding the full recovery from the crisis and lay the foundations of the economy strong.
Currently, unemployment in the eurozone has reached 11 percent - the highest figure since it 1995.
Last week, Barack Obama on video talking to German Chancellor Angela Merkel, French President Francois Hollande, and Italian Prime Minister Mario Monti. The leaders discussed the development of the economic situation in Europe and the agenda of the June meeting of the "twenty" in Mexico. U.S. Treasury Secretary Timothy Geithner continued his telephone talks with German counterpart, Wolfgang Schauble. A deputy U.S. Treasury Leyel Brainard on Friday completed a week-long trip with consultations in Athens, Frankfurt, Madrid, Paris and Berlin. The United States is trying to convince Europe of the need for greater use of the stabilization fund in the amount of euro 700 billion euros.