Do you like the "A-ha!" experience?

N+N:Reprise: "This is the biggest financial challenge facing the world in the last half-century." -Bill Clinton to CFR, 14 Sep 1998 718_clip1

Below you will find the MASTER Menu for The BIG-One series of NEXIALIST N+E+W+S posts, which started with the so-called "Asian Contagion" beginning in 1997. If you'll recall, the "Asian Contagion" was the series of "currency crises" that swept the world, beginning with Thailand, So. Korea, etc. and extended to Russia and South America.

But that wasn't the beginning of it -- the earlier Mexican peso crisis was an earlier symptom. Nor was the "Asian Contagion" the end of it either:

N+N:Reprise: Mr. [Albert] Friedberg [famed Austrian economist, currency specialist and head of Canada's Friedberg Mercantile Group] points to the monetary policy of the Federal Reserve as the fundamental cause of the currency debacle. He notes that since the early 1990s, the Fed has backed a credit expansion policy that it has exported abroad. He also predicts that "the crisis will widen. It will travel from Asia to Russia, Greece, Brazil. Eventually it will come back to the United States." -TORONTO GLOBE AND MAIL (January 10, 1998) 718_clip2

These are much more than the "currency crises" they are billed as however. They are symptoms of "paper money." AND they aren't over. What's happening in the united States today is related, possibly in more ways than one, to the "rolling thunder" Mr. Friedberg nailed so well above.

As I recover these previous NEXIALIST N+E+W+S pieces, orginally sent out as E-MAILS, I'll add them to this menu and the site.

As the most recent piece, The BIGGEST One from NEXIALIST N+E+W+S, grows, you will see why I've added the events of 9-11 to a series that seems only to be financial in nature. Here's a clue:

"People fight the Gold Standard," said Ludwig von Mises, "because they want to substitute national autarky for free trade, war for peace, totalitarian government omnipotence for liberty." It is no coincidence that the 19th Century, a time of Gold coin standards for the most part, was an era of peace. Nor is it a coincidence that the 20th century combines war with paper money. -Ron Paul (R-TX), The Ron Paul Money Book, 1991, pg. 32 718_clip3

The BIG-One III: The Mercantalist Menace

The BIG-One IV: (update)

The BIG One VI: The Dollar

The BIG One VII: Coming Home to Roost?

The BIG One: Ultimate Outcome

The BIGGEST One: 9-11

Also connected with this series is the rather dramatic ALERT:

If they did THIS ...

And, implicitly, the antidote to all the death and destruction in Costs of Abandoning the Gold Standard

Greenspan and others warned folks about how such things occur, why they are difficult to predict -- in short, why these events are a bit like Blowing Bubbles Also a little insight on how to protect yourself - - -

NOTES:

N+N: Home Page

mailto: L. Reichard