Fashion Week Fall 2015 ; Rick Owens @ Paris

By 

Sampson I.M Onwuka 

One of the few revelations so far at Paris 2015 fall fashion week is Rick Owens. Like many new and old fashion experts he is not new. 

But his outfit showing elements of old culture represented in modern language is really a language of the future. 

The question is whether or not we all should wear suits all the time and dress back to Gothic and awestruck look from the 60's and 70's. 

Perhaps we should but in this dresses a necessity to be normal and different.  

For interest of some Africans or others for a start, what we can see from this action dress up as like the Monks from Mongolia dressed different for office and non-official outing is the use of sandals and shows. 

The shoes speak volumes of California but shows why there is nothing wrong in heading sideways from a traffic at main street.  

Let us agree that his female cloth lines shows lack of energy, perhaps Rick Owen is a drab at repetition but given his psychology for experimenting, his future is doing the cloths without the bronze drama-lithe facial (coloration). 

Fashion Week 2015; Gucci, Fendi @ Milan

N-S.I.M.O @ Gucci 5th Ave New York

Apparently the stories surrounding GUCCI at the concluded Milan Fashion week 2015 are those of replacement, especially the new artistic director for GUCCI, Alessandro Michele, who as someone argued was surprised at some of the displays at Run way and Cat Walk.

But Gucci is neck and neck with any fashion group and leads the way in its collections of item; handbags, mane, outlets, shoes, watches pursues, and collectible items.

For some of us, the word that rules the day in fashion going forward is 'minimalist', Agbani's theme for outfit and perhaps what can we really wear.

Ella Ida writing on the her observations for the Milan show suggest 10 themes for Milan, the 'Sexy mummies', 'black dresses', 'gloves', etc., the rest is just the fashion. For instance a Fendi @ Milan

                                                            Fendi @ Milan 2015
                                                           

Fendi @ 2015 Milan

 

 

                                                                 Fendi @ 2015 Milan

These Fendi show hints of abundance and a shift from exclusive conservative modernist. There is abundance in these cloths and in fashion and you can 'upgrade'...it's good for you.

                                                                  

Fashion Week 2015; Armani @ Milan

Giorgio Armani does not need introduction in fashion and modeling. He is a world famous designer specializing in men's wear and has his headquarters in Milan like many other Italian designers with European coloring. 

Above is the picture of Armani shop in New York and 5th Avenue, which I for now took recently. The front of the shop it's exactly as appealing as Gucci (4/5 boutique), Prada (4.5/5) where as Armani is perhaps (3.5/5). But the Armani stands out and really on the patronage of New York to meet the cut for the year.

                                          N-S.I.M.O @Armani New York 

                                                                                                   

Despite his new octogenarian age, his Milanese based fashion company and compeers has continued to dominate fashion around the world. The reasons are not hard to fetch. 

                                                     Aramni @ Milan 2015

Milan 2015 can mean different thing to different people. But you need to upgrade your fashion and emporium given so much that is available for you. 

                                                       Armani @ Milan

Although Armani is mainly men's attire, these Italians stand out because they still make cloths people can wear. The above I can classify as masusu, but the pattern is directly European. The pants sometimes determines which is American and which is European, but obviously this is Milan and leg room is totally Armani.

                                                       Armani @ Milan 2015

Like detailed new leather look from other designers who hardly work together, printed leather and uniform contrast is characteristic of Armani and here closer to New York than Paris. And the image above may cost you a small chum but it is a way to future. 

                                          Armani @ Milan

While we are not in the position to gauge rainbow and what fashion holds up, the best artist in the business can transform public interest. The hand bags are different story, but observe....

Most people fret from fashion and afraid to comment on it. They may or may not wonder at the new realities and how hard....but it is not impossible that the rest of may not know how to comment on it, but if 'fashion is your drug' I think this is Spring 2015. Below, it is the picture on the right that is the greatest attention, image, wearable, but the model most left of you speak New York in particular - just the styling. The middle is dress different....

This industry says 'upgrade' fashion and what people will like to wear. 

Fashion Week 2015; Prada @Milan

                                N-S.I.M.O @ Prada New York


by

Sampson I. Onwuka

                                                  
February of every year most winter collections for the year is played on the runway. But some of the collection are usually for Boutique and cloth industries preparing for 2016. Sometimes, these apparels, cloths, or dresses, for both men and women, slated for February 2015 do not make to the shops on time till later in the year.

Yet others staying ahead of the fashion curve may still have the chance to wear this new releases. Milan is important since it is leader in design industries, ahead of Paris and New York with London and Shanghai tagging behind.

                                                      @Prada

Texas Pilot and the media coverage for Milan Fashion is able to cover some distinct areas of the designers whose run way is already covered; Miucca Prada, Fendi, Versace, Karl White and Giorgio Armani. According to reports their seem to be a return to 'big gloves' mostly by Prada,

                                                       @Prada

'epicurean 70's' and ladylike dresses from the 60's,    

 

                                                           @Prada

Why some of the new line of dresses are considered 'epicurean' is a fashion language that need to be understood. But the customer decides if this the way to future. Compared with Fendi and perhaps Karl White, we can see why Armani flat and conservative shoulder leaf is similar to Versace's from Fall 2014 fashion week in New York.

Large cloths and printed leathers are not new, they have been around, some of the dresses show specific European character and hint of a 'minimalist'  social caring, and approach to social issues. It seems to suggest affordable personal importance. But you are not in position to speak for us.

 

GEJ's daughter and Nigerian Fashion

By Sampson I.M Onwuka

Looking at a recent wedding of Jonathan’s daughter Ine Sakwe to a certain Simeon Onyemachi, on Janury 10th, 2015, present interest appropriation of fashion and attire. From the pictures it may seem that both parties spared no expense from the traditional attire and wine ceremony (inception of the groom) to the wedding (reception of the bride), offered lessons similar to her sister's wedding, Faith Osakwe in 2014.  

                                           

                                            @Faith - Dad's serious copy. 

We can find an elaborate expression of European divide on Nigerian wedding dress in material outfit, first the combination is riddled with foreign vignettes but plaited to suit traditional tempo of the trust at the moment. Of course for Nigerian MFR, the art of modeling is a life character, a very elevated portrait when it involves the daughter of Goodluck Jonathan albeit the seating Nigerian President. At the attendance were honorable citizens, many of showing their latest style of dressing and above all, their European new line of tailors. The wedding designer is not mentioned and the institute that ‘narrated’ the dress code was not mentioned, but we find, something in the traditional futuristic in the men’s wear, for instance, the stretched men’s uniform apparent that is characteristics of Ariaria Aba were among the wedding and traditional cloths, and for me it stood apart.

I can easily recognize the motive and separate the original dapper masquerade, yes masquerade from the new stretch. Here is modern Versace meeting older Nigerian Style. These comfort wears are too thin to look like older Nigerians styles, but you can see that approach it’s not different from what it known elsewhere. Europe and the United States went through the same process before arriving at the formal production as we have today.

 

There is nothing in fashion even your latest Armani, CoCo Channel, Louis Vuitton, Versace, Gucci, or rocking a new Agbani Collection – perhaps Jide could speak better -, it is all fashion from the past. But from a long line of garments for industries and wedding such as Queen II Elizabeth Coronation dress (by Norman Hartwell, c/c fifty dresses), Jackie Kennedy dress in the famous 1961 outing with husband (by Oleg Cassin, c/c fifty dresses), Julia Roberts 2001 Oscar Dress (by Valantino), Audrey Hepburn 'Breakfast at Tiffany' (by Herbert Givenchy), or perhaps in the pictures below showing, Princess of Wale's wedding dress (1981 by David Elizabeth Emanuel), the styles have changed but they are not new.

 
 

Kuddus Kolawole FADAN representative for Lagos in a recent interview with PPM evening estimated Nigerian fashions industries to wroth over ‘10 billion dollars’ or ‘1.5 trillion’. The basis of his estimate is not exactly known, but given the amount of resources available in Nigeria compared to amount of resources in U.S market or in parts of Europe, this is no money. But of course in netting the prize of such resources from amount instead of rate, we are clearly suggesting that a revolutionary process is not necessarily the key but directly indicative.

Anyone seeking to make it in Nigerian Fashion and Model industries must accept what people want, casual and quality cloths with resale value. But of course this is asking too much for a country that is struggling to piece its existence together, yet the expression from cloths and cloth lines are perhaps one and perhaps ultimate revolutionary and counter-revolutionary attitude. Enough with the politics, seek of what they think, seek of modernity, seek of tradition, in love what matters, it is best expressed with cordial attitude and caring through what we were. How can we explain it, it is difficult to grasp, since the only gap for instance on how the Ancient lived in the past come down to us through line of dressing. It is not the hairdo of Nefertiti or Isis and her glow apparel that shows it is what people want, a landing and curving age attitude to life. It all also means that the recent Agbani is not exactly new. But Casual fashion these days allows us to celebrate our existence and the right to choose.    

                                          @Simeon and Ine - together forever.

                                         

The picture of this young youth above is appealingly close that at first sight, we are at once a part of their world. The composer wanted to compose affection through the searing glare of the two couples. It shows elements of photography, the uniform color so peculiar to the choice of dresses is no diminished in this picture, and the contrast gives the impression of assurance and confidence. This picture is fitting for an invitation to a wedding or at least served similar purpose without the ring. It shows above all a hint of staying power and maturity on attraction, perhaps a better class than what is current in wedding invitation these days.

A plain complete line of clothing will do such an entrepreneur unless she is just a local ball buster, she or he should be Austin. Perhaps a brand name, will do if you in Lagos. As a rule, I need to remind you that the best tailors are not in Ariaria Aba, as a matter of rule, the best cloths are tailored in Nigeria and imported. Why does Aba with its symposium on cloths, apparel and dresses of all kinds including belts, shoes, and men’s shoes and perfume fail impress beyond their local markets and those who appropriate it? Some of the reasons are the opulence of Lagos State and parts of the country with ready supply of foreign attention, but the other reason is that the main market attitude and the transformations of Nigerian Fashion Industries have not taken place. Like Nollywood and their compeers, there is something in Nigerian Fashion industries that has no matured yet, it needs a different definition and new line of revolution.
 

Perhaps my interest in fashion, fashion week and run way started lately with a dearly beloved Agbani Darego, whose line of clothing represents something else perhaps a prism or a glass darkly plated showing some form of a future for cloth industries in Nigeria. There will be others, or has been, especially when Nigerian designers and business men in fashion are leading the charge for a better Africa by leaps and bounds. Perhaps my interest began as an hour glass into a future which is now and counting, that the changes that local embracing of Nollywood pictures did not Nigerian film industries, is happening to cloths and cloth lines, fashion without the uniform attitude and apparel; the royal regalia and traditional outfits.

Lately Calabar and Port Harcourt leads the way in reviving Carnival music modelled after the South Americans especially those of Bahia and Rio and perhaps remnant of Brazil.  It means a lot for many people not especially used to Nigeria and to South American cultures, that some cultural relationship is possible between these different cultures of the world who are identified by tradition, and it is no different anywhere when these traditional apparels transition from one form to a more public market. Perhaps it is coincidental or perhaps not, that in the 50’s and 60’s Nigeria, some of the classic suits in men’s style were fashionable to at least a few months from of vogue fashion in centers of gravity such as Milan, Paris and London, but then as well now, Paris held the magic for Africans largely due to the influence from Franco phone countries in West Africa and impresario from Congo and Congo music. But as far as the changing styles of

But the boutiques were gradually visible on 5th Avenue following the examples of August Belmont, here on 5th Avenue, all major brand names debut for show including the more famous Saks 5th Avenue. Compared to Tejusho market Phase I Lekki stores Lagos, a plenary of avenues for fashion, either in Lagos or at Abuja, in Port Harcourt excluding areas of the North Nigerians, including Onitsha main market and Ariaria Aba, are not driven by public attention. These are areas are no 5th and 7th Avenue exclusively meant for fashion, for museum piece and where actors and actress spend some quite summer-time before heading back to their Hollywood base.

It is not here that we compare the role of film industries and museum pieces, art collection and décor to fashion and its evolution. The fashion schools will not disappoint however when we look at Lagos and what it has to offer, the top designers from Nigeria and what they have to offer and the schools in New York and London, or Milan and Paris or in Shanghai and Ghanzhou China. The styles are not the same, the people are not, but what trend people find interesting usually endures beyond the summer days, in those days, it is was the expression of these casual wears that are also important in many ways than one.

(1) Casual uniform sets are very important for it does than who does it, for here, many of the so called top Nigerian designers who are pictorial from a section of Lagos – with no idea of the rest of the State – usually make cloths after the original format but make them in striking uniform or with a hint of fittingly embroidery. It is here we can regard this a fitting point for Nigerians and for people seeking to make any form of designing legal in profession in Nigerian and African, that something like avoiding.

(2if it is due Many experts will condemn a wedding set a too loud and too shinning, even for couture or traditional, may not be a best leading fashion after the pieces we have seen by Agbani, perhaps a collection of Agbani of her complete set of item which from the new designers and designs entering Nigeria and the mass production that comes with it has better theme to offer.

Agbani Darego - A 'minimalist' Approach to Fashion.

The brand name Agbani Darego is meeting criteria for a cloth line but Agbani is sufficient for now. 

by

Sampson I.M Onwuka

…Elite, Arise, etc....Europe move over, Africa is next best thing in fashion.

Impressed!

…with the success of the Nigerian International Fashion hosted in Port Harcourt by Agbani Darego, Kate Henshaw and friends on September 14th, 2014. Perhaps the idea of a fashion week will become a tradition in major commercial centers and cities in Nigeria and West Africa. It looks considerably close to project Arise and Elite, and some of the new venture fashion shows that has made all the difference. I was impressed by the new contacts made between sponsors and sponsorship, for instance, the new reality of NFW, AIT, Ray Power, Prime Time AFRICA, Sound City, OT TV, Spice TV, WAP, Global excellence, CRN, and other magazines such as CONNECT Nigeria. The cache is to expose Nigerians and perhaps West Africans to the latest trends in the ‘comfortable’ line of fashion which are not always comfortable. For Agbani Darego, Nigeria fashion 'minimalist' and MFR model, she wears what she comfortable with.

The Nigerian industries including latest fashions and models and tradition dresses such as Asoke, Agbada, Isiagu and women’s attire, the chauffer, the brocade, the head tie, etc. But there are others forms of cloths and accessories. It is not the first time Nigerian Fashion Week and Nigerian Tailors Association are getting away from their Studios and shades to model their products in the market place. Secondly are they making money and what are their taste like? In the 50’s and 60’s, fashion expo was the stock in trade, although Readers Digest was the chief instrument for pioneering newest materials in any industries, it was these expos and promoter association that made the difference in all possible cloth lines and industries.

But this new efforts in promoting local brand names is by design the work of Agbani and Kate Henshaw, particularly Agbani who is directly leading the revolution in women’s dress suit, full set and full collection of women’s wear. We have not seen his peculiar kinds of brands before in Nigeria, and from where she stands, there is something about quality and accessibility in her line of clothing. We may easily notice Nigerians, to be victims of loosely composed dressings, largely due to the….

Unlike the previous periods in African businesses where the Main Market, Ariaria Market, and Onitsha market is important, these days there are other means of executing cloths for Nigerians working at home or abroad. It is the sales that is important and in ordinary cloth line such as Agbani Darego, the special brand name comes with a price. She is not the only one who is making the transition from local versions of our traditional wear to foreign materials and ordering her new lines, there are others in the business.

We group Nkwo Onwuka as the top designer among the women whose products are respected everywhere in Africa and the world, and in some sense, we include others, Folabi Cookey, Deola Sagoe, among the women. Their line of dressing it’s not only original to the people and culture so represented - it is closer to a Chanel Coco, Diana Von Furstenberg and whose fashion follow art and it’s theatrical outline which is hard to understand.

Whereas, Versace and Armani lines of fashion are set pieces, they occasionally play along traditional routes which involves others in the fashion industry, but models and artist Asos Midi, Alek Wek, and grand chic Iman are pushing the boundary for corporate fashion but they differ slightly from Agbani Darego who emphasize full sets of women’s wear, including jeans with some fashion statement. Whereas Iman leads different models differently and for different eras, it is the salesforce for a new generation that is important.

African emphasis on traditional attires has always been around and for long periods of time, especially in Nigeria where old dresses for religious practice and public opera were gradually transformed into public dresses slightly different from about South Africa and the role it’s playing in Africa culture, we can point out that overtime Agbani’s knowledge of the industries will exfoliates and we may be looking at things that matter in her judgment and wardrobe expression. 

Having a large storage spare good and capacity it’s important, that when demands is above storage capacity, the supply line suffers and the product may disappoint. It is common sense to suggest that this sales problem usually associated with broad based businesses without traditional pathways, for instance Agbani Darego Ltd., unlike world famous Nkwo Onwuka who is chartered personal tailor, spare capacity is important in maintaining clothing lines. The special status of some of the new the products make it to the market as the only way we can differentiate between trends and currency, for through price and public acceptance, some products prevail.

Her line of product; Nisa Jeans, A.D Denim Hobo, Oversized sunglasses (black), Sleeveless top and leads the way through her adbyagbanidarego.com, Fola Osibo Street, Lekki Phase I, Lagos, Nigeria., (234 817 080 2404), perhaps there are others.

Although I believe that Agbani belongs to treasury and real estate, she has interest in cloth which needs her Community Portal. Long term, she would not be wrong in showing some stars with her interest in traditional materials. A Portal identifies the object versus the object (s), and interesting membership could decide on how to increase their visions of better life with or without charity foundations. This is where a new course follows the tram way of new clothing model, revised attitude and statement if need be and above all, what clothing line follows is ahead of the optimism. In her view, and in spite of her resources, conducting a cloth drive it’s what perhaps a Portal should be looking to emphasis, along the education of women indicated by a small combine of like-minded master-mind.

Having a leader in fashion it’s perhaps interesting, but what may prove itself in the end, it’s what the organization effortlessly does and when, and how what sales; what people want. What do people want, it is not easy to determine except in connection with your audiences which a minimalist but effective involvement in the community can explain. It is here that Agbani’s audience-reach to University Students must make sense, or recent graduate should reflect her life style and a future. Nobody can speak to her about appeal and appearance, her main office, rainforest alliance, traditional family uniform (minimalist use of color full set; cosmetics, main market

We are with her and her group all the way, for a point to be made about fashion it’s should include the blessings for affordability. But this is a Nigerian problem in general, whereas the market for fashion is there, there are people who are all interested in fashion and how you look than anything. What has taken central stage in the Nigerian Fashion Industries in the last 10 years its rate at which sales made in Country, it may also suggest that the outfits have also changed. The experiments with fashion have increased and there are now cases of casual attire or what Agbani called ‘minimalist’ fashion, the one we can afford. 

Whatever! We can suggest that based on some sales advantage presented by Zach Coelius in recent introduction of key areas of marketing and business, and from Agbani’s interviews and a recent chart with Anthony Ogbo, market industries have changed over the past few years. We require adequate coverage in photo-line and new leads in fashion but also may use on line ‘auto play video’ to showcase this images, directly.

To enhance the guarantee of future audience and Marketing clouds; we can encourage the use of adobe Photoshop, Oracle, IBM clouds for what the audience wants, (3) attribution (4) Brand names such as Agbani Darego and Google Copyrights for her products.

Using Steve Cartwright arrangement on new trends in sales management on Nigerian market, we may perhaps resort to the use of Online forms and Master mind group in helping and keeping Community Portal, especially when you are translating in more than one language, associate yourself with Chambers of commerce and Industries Association for instance Run Ways and Fashion week organizers, Tailors Association, Model groups and so on, (5) you can focus on Business events (6) meeting announcement is a form a Salesforce that speaks to expectations (8) Network with commentators social media connection…as means of generating audience. I am particularly interest in Adobe pictures, given the picture of the visible cloths and what it means to the people.

Nigerian Fashion industries stayed close to these developments especially the large scale product of women’s skates and wedding dresses, or Khaki pants for everyday use, till the fallout of the currency shifted the country from luxury item to ordinary cloths mainly from Thailand. We may say that in spite of the expensive environment of the Nigerian currency and poor business environment which a new flowering from South Africa is making possible, Nigeria and their appetite for goods are not diminished. Nollywood can lead the way…..

US Commercial Bank 'Cash Asset' doubled since 2005

By

Sampson Iroabuchi Onwuka




Obama saving the world




Barely one week ago, World Markets, braced itself for a near repeat of the Lehman Saga with a zigzag stock market with many Americans seeking to understand what was essentially happening to their money and why. The events of the last few weeks are quite significant that necessary money, both foreign and local, may be a requisite for guesstimate on the general probability of US economy. The world is courting stability, and not only the world, much of the wealth trapped overseas and much of the wealth managed by big folios, are seriously looking to at least Grinch out the latest stagflation with US with barely a 1% improvement of from its quarterly GDP earnings.


Benoit B. Mandelbrot and Richard L. Hudson '2004, in their book treatment on risk and investment;  'The Misbehavior of Markets' asked a question that "if interest rates are high and T-bills pay well, then you will not touch stocks unless you think they will pay more, but to get more, you may have to accept more risk. By contrast  if rates are low, a duller, safe stock portfolio for the economic and market climate" Apparently, these Zigzag is driven by the stock-bond rotation or conversion, a sort of inverse relationship between the Bond and Price, and between similar exercises and an outlook for a conversion rate. 


Some of the Banks with book equity values are not without concerns, since public validity involves anything beyond Sovereign Wealth and Stress Test. Whatever may be the sponsored notions of the deferring schools of Euro and its currency, it needs be said that the instability of the no-gain economy is quite visible and the fear that the lack luster market will spiral into US or other areas of world market, is quite evident. That fear shook American markets and many were willing to sell on so slim an agenda.

For at least 3 weeks, the world grappled with improbability of another recession of US economy. The major selling point was the issue of Debt or raising Debt ceiling of US which led to the down grading of US Rating from AAA+ to AA+. As the story goes, the faith the general public placed on US Treasury was misplaced, which they say resulted from the additional debt ceiling by US Government. But this kind of Debt is designed to rescue American Banks exposed elsewhere and with that in mind, we should be able to state clearly that the emphasis on U.S liabilities would attempts at correcting the lapses in the housing industries, like we mentioned early, some of these programs are no where confined to that industry, but rather we are looking at the friendly junction





The result of this kind of ‘temporary default’ is that US market earn the possibility of choking a lot lending as money travel through tiers of the world market without actually landing, as if it plays into the Reverse Stock Dividend syndrome which has a tail. Until July 31st, 2011, US Second Liberty Bond Act of 1917 put a ceiling on the amount of bonds the United States can issue, and in respect to other debts in the past, this ceiling has broken several times, largely due to the problems of unemployment. But the conditions of world market and the ever expanding position of the US Central Bank – the FEDs, may have more than warranted the necessity of a new debt ceiling.





Both the Fiscal policies of US and its consequent Monetary policies, may not at any time be better placed to allocate such responsibility to Treasury, which represent the Executive Arm, and may likely continue this policy as long the public is not necessarily in flight or in danger. But the Feds is not without its share of political drama, for at least we are aware of the opposition that the Republicans has mounted. But it does not mean that after said and done that the actions of U.S Treasury was essentially right, but with fear that stagflation has been a constant threat to the American Economy and the redeeming the welcome news of deflation, we can almost regard the whole process as responsive in spite of Public expectations.



We shall approach the problem of the last few weeks from the context of three stimuli, (1) the Dow which Zigzag for a week finishing where it started, (2) the high price of Gold which resulted initially from Greek default, European Debt problem, and people seeking market stability away from pure currency, and (3), the availability of credit irrespective of the efforts made by the Feds. The last may that very reason why Americans should worry about their economy; beginning with stock market




(1) The Dow was down and everyone wanted to find out why? Well, from the long chain of academic consensus on the drop in Dow Market, Money was moving from currency and stock to debt and treasury. Naturally it created a whole and an overnight effect on the market, a fact that eventually led to many reverting to Gold. If money moved from stock market into debt, we are not to confuse such plunging of the numbers with the new 10 trillion dollar debt industry which only a few banks could benefit. Such hole created by the new ceiling means well for those interested in the long term view of American stock and bond market.



The near term reality of this view is that S&P 500 slash of US Ratings, forced the hands of FEDs – which in reality is a case that come between we must indicate that at no point does it mean that US economy is doing that badly. It is only here as market season for crude oil ends this August that Dow will experience less fluctuation. When there is so much shift from currency into Gold and from stock market into Debt, the market means exactly what it says, that investors are either counting on the natural weakness of the dollars, which naturally accompany the short falls in savings, which may or may not now apply since the US Feds are  still buying debt from wherever.


(2) The high price of Gold may have set a lasting record of what lies beneath the business of the world, such that the only way forward for the rest of the world and the society is through the availability of gold by way of the Feds. No doubt that Bernanke has over the years demonstrated his softly approach towards big banks and has taken additional effort in gauging the hands of the Government.



But this new avenue of debt ceiling as backed by the congress and the Treasury, may be that useful in letting in the rest of the society in on what may probably happen from about Sept 15th 2011, when the price of Gold will more than likely diminish – assuming the elasticity of the market does not determine a breaking point for Gold. If the Gold experience additional pressure, the Treasury would more than likely offload some of the Gold which may be a great way to re-introduce cash into the system and a way of increasing the faith on US market.



The question many need to ask is why did Gold for instance get that ‘hot’ in the first place, well the answer is not that far from the incident of 2008 where the similarity of Lehman led to the roil of much of the world economy. As such the vacuous and indeterminate recession of 2011 is a fact driven by main stay media house, which has nothing to do with the rest of the economy. There is a question of Banks hugging a lot of action which is a way of saying that Banks in the last five years have more than doubled their holding of cash, an outcome of a lot of things which may or may take up the case for excess capacity of already made cash. It is merely a matter of value as a deep in US dollars seem to be a probability since the outcome is uncertainty and misleading notion of new world order. In essence there is a structural deferment from savings in terms of physical cash to Gold as a form of Reserve currency.




(3) There is no availability of credit irrespective of the effort made by the FEDs to pump money into the economy. Why could that be the case? The FEDs by their estimate shared that the view that pushing more money into the US economy from say 2008 was a way to increase liquidity, a financial acceleration process which they were willing to back up with the low and almost Zero interest rate. We are tempted to say that such action by the FEDs was a way out of the troubled waters of 2008, which I have maintained didn’t have to be taken to the land of excesses financing.



It was not a money problem but lack of market direction due to competing international valuation or lack thereof. But such effort as made by Bernanke and his group was done so to speak in good faith, on account of what they expected the banks to do; that is, reciprocate the lending to the general public as a way to move things forward and improve the health of general credit class.



But such action was unlikely to be the case for how could money machines such as the Banks, who have continued their relapsing into US FEDs and abusing of that false faith in the FEDs, be expected to magic the outcome of lending to the general public or financial institutions on so low an interest rate. What we have noted in the past few years, especially at the inception of Bernanke is that Banks now have more physical cash in their coffers more than ever, such that the talk at say Bloomberg Newsweek about the excess capacity of Cash among the banks. The Magazine did not cover the problems associated with such hoarding of cash, or did the magazine compare the new conditions with what happened sometime in the past – at least in the era of Great Depression.




We can now say for sure that the few problems associated with Feds lending and low interest rate, FEDs acquisition of the Debt, which left a lot of money in the hands of those who can – for instance the BIG BANKS – may be conditioned as (A) Emergent Property, largely for the new and untended consequences of proving and providing low interest rate facility. Banks have more than doubled their cash holding since Bernanke came into office, as if it was a game of give and not return, since it is no game at all and these group of Banks now merely exercise their option to lend or otherwise, and have additional impetus since there exist also among the tendency to procure buyers or other banks from Europe should they chose.




We can also say that these Banks have fewer and fewer American buyers or individual investors via direct savings, such that savings no longer count as part of the overall investment index necessary to determine the role or viability of Banks as a lending institution. What has happened is that more and more American Banks, have become conditioned into accepting large institutional investors, such as English BANKS raking and penetrating American Banks such as Bank of America as preferred customers, which to some degree means that the age of (B) Individual Investment or Shareholder status as necessary bait for Bank operation is seriously challenged and may no longer apply. This seismic shift may mean the operation of banks a form of Universal Bank, almost collapsing into US market mode.

We can also say that Banks may be responsible for the huge problems of US economy on the account of poor and non-existing lending facilities, such that the projects in many parts of the country can a difference in the economy may out.


If the estimate of US Bank’s history is wedged against the facts of over-capacity of liquid cash, it will mean a classic case of Bank of America, perhaps the world’s biggest bank by market value, yet seriously struggling to meet international standards. Bank of America is looking to offer new shares to would be investors and individuals, a move that shareholders are saying would further shed the value of their investment.



Bank of America is also facing a 10 billion dollar law suit from shareholders only the incidents of 2008, as if the incident of weakening investor stock of value through a claim of losses that allowed English Banks to nearly capture American biggest banks including BOA, but ultimately settled for Lehman which thanks to Geithner and Paulson was sold for ‘pennies’ and nothing to Barclay of England and others Lloyd, both of whom secretly acquired a lot of American financial institutions. In essence the experiment of Zero interest rate and new false hope of asking banks to return lending, has forced many American business and banks to yield grounds to Europe Banks and UK, whose 'moonwalking' and Shadow banking around Bank of America for instance, is not clearly defined, but the challenge to the suppression of BOA value by Brain Moynihan and his group as per market discipline or unconscionably, has attracted a lot of big money in US Markets


(c) UNIVERSAL Banking, operating in full since OBAMA’s bank reforms in 2009 which essentially repealed much of the Glass-Seagull Act of 1933, suggest a domination of only a few banks of both Main and Wall street.


By this BOfA example and the danger of running with scissors which involves the cheap credit by FEDs for such a long time and a spurious (1920's) comparison we can say for sure that Bernanke and his group may have noticed the serious flaws with Zero to 0.25 interest rate, that under the conditions available to us in the society, the low interest rate is of no effect or of no consequence since Banks - both foreign and local – are merely looking for avenues for wealth which cannot be achieved with a low interest rate, and cannot be achieved through the expectation of currency devaluation. In essence, low interest rate with particular respect to US interest rates, hedges against the weakening of local currency, particularly the dollars.



The facts on the ground now seem too clear that the Strategy of the FEDs is not working and that ‘Third Parties’ away from Banks, away from arbitrage groups, or the creation of financial institutions of various kinds must be initiated in other to allow the FEDs lower interest rate to such rate. In essence, the bad nature of employment and high earn jobs in US, is not function of the market, therefore not careful to a point.



In essence, Keynes spending and Milton’s fixed supply, are tools that mean nothing without penetrating the given financial institution and network. If Banks hug as much action as there are cash, the economy gives the impression that is doing badly it forces the general public to react. May be is not the direct intention of the men and women at upper levels of the industries. It also forces the hands of the government and the Debt and Lending Tree – the FEDs, but none of the money thrown to the general public via debt acquisition and banks, will make a difference is Banks do lend.



Banks cannot lend at such a low interest rate, despite the need for it in the general society, Banks will and must wait until 2013, when the FEDs begin to up their interest rate game – that’s assuming they will do so. In other to therefore solve the short term problems of the liquidity and lending, especially to Americans on Fixed Incomes (for personal consumption sake) and Americans doing small scale businesses, or Americans with intent at launching a New IPO (source of economic stability and growth) without being poached at the Hen house by Big Banks - new FINANCIAL INSTITUTIONS must be created bottoms UP (from the bottom of the scale) and from AD NOVO, even by a plausible transition clause from direct ownership via Debt receipt to independent. As such long they work between the requisite lines – even it means taking a bait  or a resuscitation of the once great such as Lehman and Bear Stearns.


Another way of also achieving it is through raising the credit status of individual Americans. But this is really a welcome departure from what American institutions look like, since we may yet prove that No Bank can survive with mere 2.7% exponential growth, which is a lot of money, yet may prove insubordinate to market forces therefore bad by market estimate. the Banks would occasional have to try other means of achieving dividend besides the use of interest rate. With a lot of money what do these Banks care?

If Obama and his team would perform the magic of debt ceiling without absorbing the School loans of many living Americans and writing off much of the tuition for such historic period as raising loan ceiling, the efforts would have amounted to a page in history without helping the country, then we can be certain that a new repeat of the incident of 2011 would likely continue unless there is slash in interest rate of most Asian central BANKS.