[youtube://http://www.youtube.com/watch?v=yvyG7o0vfLk 450 300]
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Monthly Archives: August 2013
“Strengthening National Security”
Look out all you cocaine gorillas….
[youtube://http://www.youtube.com/watch?v=HcqerGK6UKk 450 300] Comments »Interesting Map Facts Indeud
By the time we graduate high school, we learn that they never taught us the most interesting things in there. Sure, you might be able to name the European countries or point New York on the map, but does that give a you real understanding of how the world functions? To fill this gap, we have gathered a great and informative selection of infographical maps that they should’ve shown us at school: every single one of these maps reveals different fun and interesting facts, which can actually help you draw some pretty interesting conclusions.
What makes infographical maps so engaging is how easy it becomes to conceive graphically presented information. The best part, there are brilliant services like Target Map that “allow everyone (from individuals to large organizations) to represent their data on maps of any country in the world and to share their knowledge with the whole Internet Community.” Just choose a country and a way to create your map by color, type values or by uploading your excel files (you can even use your zip / postal code column to get the best and most accurate maps.
Without further ado, we invite you to learn things like most popular sports in different countries, who has the largest breasts, red hair map of Europe, world’s most consumed alcoholic beverages, or which brands dominate in different states of the USA.
Trust us, these are way better than the ones they taught you at school!
The Most Famous Brand From Each State In The US
Image credits: mapsontheweb.tumblr.com
Red Hair Map of Europe
Image credits: imgur.com
Most Popular Sports in the World
Image credits: imgur.com
Breast Sizes Relating to Countries
Image credits: targetmap.com
Political World Map as Pangea 200-300 Million Years Ago
Image credits: imgur.com
The World According to Americans
Image credits: alphadesigner.com
Most Used Web Browser World Map (2012)
Image credits: saint-tepes.deviantart.com
Map of Countries Officially Not Using the Metric System
Image credits: wikimedia.org
The Penis Size Worldwide
Comments »You’re Toast
[youtube://http://www.youtube.com/watch?v=FUbZw9sNX8Q 450 300]
Comments »Rising Rates and Derivatives
“Will rapidly rising interest rates rip through the U.S. financial system like a giant lawnmower blade? Yes, the U.S. economy survived much higher interest rates in the past, but at that time there were not hundreds of trillions of dollars worth of interest rate derivatives hanging over our financial system like a Sword of Damocles. This is something that I have been talking about for quite some time, and now a Mexican billionaire has come forward with a similar warning. Hugo Salinas Price was the founder of the Elektra retail chain down in Mexico, and he is extremely concerned that rising interest rates could burst the derivatives bubble and cause “massive bankruptcies around the globe”. Of course there are a whole lot of people out there that would be quite glad to see the “too big to fail” banks go bankrupt, but the truth is that if they go down our entire economy will go down with them. Our situation is similar to a patient with a very advanced stage of cancer. You can try to kill the cancer with drugs, but you will almost certainly kill the patient at the same time. Well, that is essentially what our relationship with the big banks is like. Our entire economic system is based on credit, and just like we saw back in 2008, if the big banks start failing credit freezes up and suddenly nobody can get any money for anything. When the next great credit crunch comes, every important number in our economy will rapidly start getting much worse.
The big banks are going to play a starring role in the next financial crash just like they did in the last one. Only this next crash may be quite a bit worse. Just check out what billionaire Hugo Salinas Price told King World News recently…
I think we are going to see a series of bankruptcies. I think the rise in interest rates is the fatal sign which is going to ignite a derivatives crisis. This is going to bring down the derivatives system (and the financial system).
There are (over) one quadrillion dollars of derivatives and most of them are related to interest rates. The spiking of interest rates in the United States may set that off. What is going to happen in the world is eventually we are going to come to a moment where there is going to be massive bankruptcies around the globe.
What is going to be left after the dust settles is gold, and some people are going to have it and some people are not. Then the problem is going to be to hold on to what you’ve got because it’s not going to be a very pleasant world.
Right now, there are about 441 trillion dollars of interest rate derivatives sitting out there. If interest rates stay about where they are right now and they don’t go much higher, we will be fine. But if they start going much higher, all bets will be off and we could see financial carnage on a scale that we have never seen before.
And at the moment the big banks have got to behave themselves because the government is investigating allegations that they have been cheating pension funds and other investors out of millions of dollars by manipulating the trading of interest rate derivatives. The following is from an article that the Telegraph posted on Friday…
The Commodity Futures Trading Commission (CFTC) is probing 15 banks over allegations that they instructed brokers to carry out trades that would move ISDAfix, the leading benchmark rate for interest rate swaps.
Pension funds and companies who invest in interest rate derivatives often deal with banks to insure against big movements in the ISDAfix rate or to speculate on changes to interest rate swaps
ISDAfix is published each morning after banks submit bids for swaps via Icap, the inter-dealer broker, in a number of currencies. The CFTC has been investigating suggestions that the banks deliberately moved the rate in order to profit on these deals.
Given the hundreds of trillions of dollars worth of interest rate derivatives trades that occur annually, even the slightest manipulation can have a substantial effect. The CFTC, which started to investigate ISDAfix after last summer’s Libor scandal has now been handed emails and phone call recordings that show the rate was deliberately moved, according to Bloomberg.
Essentially they got their hands caught in the cookie jar and so they have got to play it straight (at least for now).
Meanwhile, it looks like the Fed may not be able to keep long-term interest rates down for much longer….”
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