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== Five rivers of the Greek underworld ==
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* Lethe (the river of forgetfulness)
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* Styx (the river of hate)
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* Akheron (the river of sorrow)
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* Kokytos (the river of lamentation)
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* Phlegethon (the river of fire)
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== Rivers of the world ==
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;Africa
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:Nile
Q: Why does the US agree to fight this battle at so BIG risks?L: The US has to do this. America has to find sources of profits for its financial assets, which are valued at almost 700 trillion dollars, including all kinds of financial derivatives. If 1 percent of profit per annum is required, 7 trillion dollars in profits are required to support 700 trillion dollars financial assets. Otherwise, asset prices will plummet. Finance itself cannot generate profits and the final source of profits is mainly from the real economy. The US GDP reached 15.6 trillion dollars in 2012, but the real economy accounted less than a half--approximately 7 trillion dollars. How can the US generate 7 trillion dollars in profits from the real economy every year? It is obvious that the US needs support from external real economies. China is the biggest external real economy for the US, so this is precisely why the US proposed "Sino-US" theory. The US actually regards China as the source of profits for its financial assets. But China has rejected the G2 mode characterized by "Made in China, Consumption in America".The US intends to place China in a financial crisis, which could make China's economy paralyzed for five or even 10 years, so that they can purchase lots of assets from China at a low price and solve the problem regarding their sources of profits.Besides, the ease in monetary policy in the US will lose its effects to enhance US GDP around 2015, as Japan had experienced in the past. After the breakdown of the economic bubble at the end of 1989, Japan finally suffered a great depression for 15 years, despite experiencing economic growth for five years by an ease in monetary policy, which outlived its usefulness in 1995.Nowadays, the United States adopts an ease in its monetary policy in the same manner Japan did in the past. The ease will lose its effect on economic growth in 2015. In order to avoid the deflation and economic stagnation fate that Japan suffered, the US has to provoke a currency war, although it not end well for the US, either. In that respect, the United States has the unique advantage compared with Japan. Q: Is this a "conspiracy theory"? Why do you think this is a war?First, I object that this is a "conspiracy theory" and we should not take for granted that everything could be a conspiracy controlled by America or some elite group. Recently, in order to fight against being painted with the "conspiracy theory" brush, we didn't even recognize or believe this is the US's financial strategy. There is a saying: "awkward conspiracy theory is the best friend of conspiracy."My new book The Great Decisive Battle: the Imminence of Sino-US Currency Wars objects to the term "conspiracy theory". But the US financial strategy objectively exists. It is reasonable for every country to adopt a similar strategic plan if it were the biggest financial empire like the US. In fact, when we look back on history, we will find that that we are now in the eve of the third cycle of the US financial strategy. The first cycle was from 1970 to 1985; the second one was from 1986 to 2002. Coincidently, the first two cycles of the financial strategy both lasted 15 years, during which the US dollar experienced depreciation for 10 years and appreciation for another five years. As this regular pattern shows us, the US dollar should greatly appreciation in 2012. This is the main reason why both China's experts and foreign scholars made such predictions as the US will boom and China will suffer. However, such predictions fail to consider the change of circumstances and history did not repeated itself precisely. The third cycle of the US was disrupted by the subprime mortgage crisis. That is why the decisive financial war will take place around 2015 rather than on 2012. During the first two cycles of the US financial strategy, European countries became economically paralyzed for five years, Soviet Union collapsed, Japan experienced a 15-year depression, South-East Asia, Russia and South Korea all failed to realize economic growth within seven years and Argentina and Mexico also were placed in stagnation for six years.However, the United States faces two competitive enemies in the third cycle--the whole Euro-Zone and a rising China. The US has never gone directly head-to-head with China in a currency war. If China is defeated in this war, the US will find many sources of profits and all problems for its financial assets will get resolved. At that time, the Euro-Zone will be easily defeated in a currency war with the US because it cannot expand anymore. If so, there will hardly be any obstacles for the US financial strategy in the long term and the world will be controlled by the US, as is their aim. And the G2 mode will be enlarged and continued. Hence, this is not only a great financial war, which can decide the future of the world, but also a currency war on an unprecedented scale, which can greatly influence the allocation of global assets.Q: What differences are there between your new book and others related to currency wars? Is there any subversive idea in your book?L: Yes, there is. I have demonstrated completely a different concept of currency wars and showed the opposite logic from others' books. Previous authors thought most wars in human history are currency wars, including the First World War, the Second World War, the American War of Independence, the Napoleonic Wars and even the wars in ancient China. But all of these are only the financial phenomenon rather than currency wars. I think the real currency war came into beings because Nixon disconnected the US dollars with gold, which is also a new form of war in the era of cash hegemony. Currency wars cannot start without the cash hegemony because every country needs to output its own cash in the wars. However, when the gold standard or precious metal standard were popular around the globe, no country wished to export their own currencies. For example, the British prevented the exportation of the currency by all means in the 19th century--so did America before 1971. It is easy to understand that the reduction of precious metal means the decrease of the currency issue, which will bring shrinkage to the economy. Therefore, in that era, actual war was the main way for a country to plunder treasure. The losers had to cede territory and pay an indemnity or give up their interest such as tax rights in customs. The control and robbery of finances is only the result of the wars. However, in the wake of the disconnection between dollar and gold, the most profits were obtained from outputting currency for the biggest nations, while small nations have no ability to accomplish that. After conquering Iraq, the first thing the US did was output dollars there. From the beginning of disconnection to 2010, the United States reached a total output of 32 trillion dollars through trade deficit at an amount of 11 trillion dollar output and another 21 trillion dollars through external investments. But how many assets of the US does every country hold now? Twenty-two trillion dollars; that is to say, the debt the US owes other countries, which are in the vicinity of 10 trillion dollars, disappeared through the currency wars. The United States possesses others assets, about 10 trillion dollars' worth, for free. In fact, the output of paper money means the temporary possession of other nations' assets. The United States, a nation of currency hegemony, depending on its privilege in currency output, intends to change the trend of current asset, increase volatility to the exchange rate, and cause more asset bubbles, where it can finally take possession of other nations' assets. Accordingly, US assets held in other countries will be offset, which contributes to the permanent possession of other's property. This is a perfect transformation from the "temporary" possession to a "permanent" robbery. This is real currency war without blood and fire. But the result is similar to the aftermath of actual war, albeit without blood. Q: Who will win this war?L: Before we discuss this question, we shall define the victory and failure first. In this war, the US has to obtain victory, otherwise it means failure. If they failed in this war, the US will fail to find the sources of profits for its 700 trillion dollar assets and will suffer the same deflation Japan did in the late 80s. Meanwhile, it will also face a debt-increase and lose its hegemony in currency. But China only needs to remain undefeated, which means China's victory is more attainable. As long as China can avoid the big financial crisis, our GDP could remain increasing at a rate of 7.5 percent in the next 10 years. So we will soon surpass the US in the near future. We cannot imagine that the United States, as a great financial empire, could allow itself to be surpassed in GDP. Otherwise, there is a big question to ask: If ranked second in GDP, how does the United States sustain the price of its financial assets? Nowadays, US financial assets valued at almost 700 trillion dollars, while China only possesses 30 trillion dollars of those assets. Once surpassed by China in GDP, the US will face the big crash of its financial asset price. So the US pays close attention to this problem and, through changing the method to calculate GDP, increased its GDP by 3 percent overnight. But it is said that the change will lead to a five-year delay for China to surpass the US in terms of GDP. It also reflects the US's concern regarding this challenge. I'm very optimistic about this war. I think the United States will fail in this long-term financial strategy and also in the reversal of the US dollar. This is because the reversal of the US dollar index will not exceed 103, which was once a critical point to trigger Thailand's financial crisis in 1997 and also important to overthrow the financial asset price of the Western European countries in the 1980s. In fact, if the Federal Reserve cannot take a substantive strong dollar policy, such as increasing the interest rate of federal funds, the US dollar index could barely exceed 95.It is unwise to simply accept the ideas of bull market and reversal of the US dollar, which is temporarily rebounding. These ideas will vanish around 2015 and bear market of the US dollar will be popular. This would signal the failure of the third cycle of the US financial strategy.The United States cannot continue the success it saw in the last two cycles and will fail to possess other nations' properties, especially in China. China is the biggest economic driver and contributes to the world's economy three times more than the US. As long as China can get far away from a big financial crisis, other developing countries will not face big financial depression and the strong dollar policy will lose its effect. Finally, we will come to a de-Americanized world, where the US economy will gradually disconnect from the globe. <a href=http://www.oakleyonlinesunglasses.us.com/>discount oakley sunglasses</a> <p align="center"><a href="/search.php3"><img src="/imagesearch6.gif" alt="Search" border="0"></a><br>
:Limpopo
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;Asia
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:Euphrates
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:Ganges (a.k.a. Ganga)
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:Indus
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:Jordan
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:Ganges
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:Li
:Mekong
:Sumida
:Sutlej
:Tago
:Tigris
:YangTze
:Yellow
 
;Russia
:Belaja
:Don
:Kama
:Moskva
:Neglina
:Pechora
:Tarlung
:Ural
:Volkhov
 
;Australia
:Darling
:Murray
:Swan
:Yarra
 
;Europe
:Amstel
:Arno
:Cam
:Danube
:Dnieper
:Dniester
:Elbe
:Isis (what the Thames is called in Oxford)
:Loire
:Moldau
:Po
:Rhine
:Rhone
:Rubicon
:Saone
:Seine
:Shannon
:Thames
:Tiber
:Vistola
:Volga
 
;North America
:Allegheny
:Beaver
:Clinch
:Chicago
:Colorado
:Columbia
:Conemaugh
:Delaware
:French Broad
:Hudson
:Lehigh
:Juniata
:Mississipi
:Missouri
:Monongahela
:Ohio
:Potomac
:Schuylkill
:Shenango
:Susquehanna
:Tennessee
:Youghiogheny
 
;South America
:Amazon
:Orinoco
:Paraiba

Revision as of 05:34, 4 September 2015

Five rivers of the Greek underworld

  • Lethe (the river of forgetfulness)
  • Styx (the river of hate)
  • Akheron (the river of sorrow)
  • Kokytos (the river of lamentation)
  • Phlegethon (the river of fire)

Rivers of the world

Africa
Nile
Limpopo
Asia
Euphrates
Ganges (a.k.a. Ganga)
Han
Indus
Jordan
Ganges
Li
Mekong
Sumida
Sutlej
Tago
Tigris
YangTze
Yellow
Russia
Belaja
Don
Kama
Moskva
Neglina
Pechora
Tarlung
Ural
Volkhov
Australia
Darling
Murray
Swan
Yarra
Europe
Amstel
Arno
Cam
Danube
Dnieper
Dniester
Elbe
Isis (what the Thames is called in Oxford)
Loire
Moldau
Po
Rhine
Rhone
Rubicon
Saone
Seine
Shannon
Thames
Tiber
Vistola
Volga
North America
Allegheny
Beaver
Clinch
Chicago
Colorado
Columbia
Conemaugh
Delaware
French Broad
Hudson
Lehigh
Juniata
Mississipi
Missouri
Monongahela
Ohio
Potomac
Schuylkill
Shenango
Susquehanna
Tennessee
Youghiogheny
South America
Amazon
Orinoco
Paraiba
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