美国大规模经济刺激带来的通胀、债务和金融稳定风险等危机成本有可能向全球各国转嫁，中国等新兴市场经济体面临被“薅羊毛”的可能性。
有观点认为，为防止外汇储备缩水，不被“薅羊毛”，应该减持美国国债，买入黄金、大宗商品等资源品，或者将外汇储备用于国内。
首先，考虑到仓储容量、价格波动、收益率、投资专业性等因素，外汇储备不宜大量购买资源品；其次，如果外汇储备用于国内等同于投放基础货币，将打乱我国货币政策节奏；最后，美元仍是最重要的国际结算货币和储备货币，我国需要保有适当的美元资产用于参与世界经济和金融活动。
政策建议：外汇储备投资继续坚持安全性、流动性和收益性，在此基础上适度优化资产配置结构。要避免被“薅羊毛”，就必须实现我国对外资产更大比例的市场化配置，“藏汇于民”。 同时，扩大内需、增加汇率弹性，保持国际收支大体平衡，外汇储备规模基本稳定，促进市场主体对外投资稳步增长。
美国大规模经济刺激的成本
可能向全球各国转嫁
在美国大规模经济刺激，以及新冠疫苗广泛接种的推动下，美国经济的复苏速度将超过欧洲、日本等发达经济体。美国经济加速复苏对全球经济能起到很大拉动作用，但大规模经济刺激带来的通胀、债务和金融稳定风险也不容忽视。
通胀压力。大规模财政刺激可能会造成美国短期通胀上升，但不会形成较为恶性的通货膨胀。美联储大概率不会对目前通胀率上升做出反应，经济和就业持续改善是当前主要目标。美国消费复苏带动全球商品需求，原油等大宗商价格上涨，通胀压力在一定程度上由世界各国分担。
债务风险。美国大规模刺激方案的背后，必然伴随着巨大的财政赤字和债务压力。目前，美债总额已经突破28万亿，高出GDP约30%，且还在不断增加。有观点认为，美国利用美元霸权地位，一边“无限量化宽松”印钞，一边“增发美债”借款，通过“左手倒右手”的方式转嫁危机成本，收割全球财富。
全球金融稳定风险。国际货币基金组织警告全球金融市场与实体经济脱节仍在延续。疫情以来，美国财政货币“大放水”，过剩的流动性流向房地产和全球金融市场，推高了金融资产价格。一旦投资者重新评估全球经济增长前景或政策展望，全球资产价格或将面临回调风险。
减持美债并非避免被“薅羊毛”良策
鉴于美国巨额的财政赤字和不断扩大的国际收支逆差，美元将呈现出短期升值、长期贬值的趋势。中国等新兴市场经济体可能被美国“薅羊毛”，主要通过两种方式：
一是全球资本回流。美国经济加速复苏，通货膨胀回升，前一阶段从中国获利的全球外资因此大量流出。
应对此种被美国“薅羊毛”的最佳方式，是保持足够的汇率弹性，让汇率充分发挥稳定器的作用。→详情
二是外汇储备缩水。如果美元贬值，将使得大量持有美元和美元资产的国家财富缩水。
有观点认为，为防止美国通过美元贬值“薅羊毛”，我国应该抛售美国国债，减持美元资产，在全球大规模买入黄金、石油、农产品等资源品。还有观点认为可以将外汇储备用于国内，例如转借国内社会保障基金等。
首先，投资黄金、大宗商品等资源品需综合考虑市场容量、仓储运输、价格波动、流动性、成本和收益等因素。
从历史数据来看，投资大宗商品的回报率和风险水平并不优于投资金融产品，也不符合我国外汇储备投资的“安全、流动、收益”的三原则。
如果我国大规模采购大宗商品，会打破市场的供需平衡，迅速推高价格，可能推动输入型通胀加剧。未来如果投资有回报，意味着大宗商品价格继续上涨，我国是全球最大的大宗商品消费国和进口国，为这些投资回报买单的主要还是中国企业和居民。
因此，外汇储备不适宜用于大规模购买资源品。资源品购买、储存和投资更适合专业的市场主体进行，所需外汇通过市场化方式获得，如果外汇市场出现供需缺口，再考虑通过外汇储备进行调节。
其次，外汇储备是央行付出了等值的人民币(6.5410, 0.0015, 0.02%)负债（即外汇占款）形成的资产。
外汇储备如果用于国内等同于投放基础货币，因为拿到外汇的市场主体会再次将外汇换为人民币才能在国内使用，形成人民币的“二次投放”，造成大水漫灌，严重打乱我国的货币政策节奏。
外汇储备用于国内还将使得央行资产负债表出现重大缺口，影响央行货币政策的公信力，并引起人民币币值波动。
最后，近年外汇储备中的美元资产占比已经明显下降。
根据外管局公布的《国家外汇管理局年报（2019）》，在外汇储备货币结构中，美元占比从1995年的79%下降至2015年的58%，非美元货币同期从21%上升至42%。
在中美贸易摩擦和美国金融制裁风险的背景下，美元资产在我国外汇储备中的占比可能又进一步下降。
继续压降美元资产需充分权衡得失利弊。
其一，外汇储备最重要的是确保安全性和流动性，同时尽可能地提高储备资产收益率。
目前，国际上确实面临“资产荒”问题，低风险、高流动性、高收益的优质资产不足。投资美国国债虽然存在风险，但美国国债相对于欧洲、日本、英国和新兴市场国家的资产，仍然是相对更加安全、流动性更好，同时投资回报率更高的资产。
其二，在外汇市场高度敏感的情况下，如果我国在美国二级市场抛售美元国债，会使得美元汇率下跌，进一步加深我国外汇储备剩余美元资产的汇率风险。抛售美元资产除了带来贬值损失外，还可能进一步恶化中美两国的双边关系。
其三，美国拥有最大的金融市场，美元是最重要的国际结算货币和储备货币，在国际货币体系中仍将在相当长的时间里起着主导作用。短期内，欧元(1.1875, 0.0003, 0.03%)、日元、人民币都难以撼动美元“霸权地位”。
我国需要保有适当的美元资产用于参与世界经济金融活动。美元在一定时期内恐仍是我国外汇储备的首选币种，美元资产所占比例仍将维持在较高水平。
通过市场化配置外汇资产以
分散风险
外汇储备投资仍应坚持安全性、流动性和收益性，在此基础上适度优化资产配置结构。
我国外汇储备规模目前适度，对应的投资应坚持外汇储备管理的初心和使命，也就是安全性、流动性和收益性。要求外汇储备投资追求更多的其他目标，既不利于外汇储备的经营管理，也很难实现其他目标。
从资产多元化角度出发，外汇储备资产结构可以适度调整，例如扩大对外股权投资，提高资产收益率。
拜登政府正在为大规模重建美国基础设施筹资，包括高速公路、铁路、电网等，外汇储备投资也可以通过适当方式参与其中。
在经济加速复苏和美债发行预期下，美债收益率再度上涨并突破1.76%，且仍有上升空间。
虽然美债收益率有限，但在美欧日等主要发达经济体接近零利率的背景下，美债收益率相对而言并不低，安全性和流动性最有保障。我国在合适的时点阶段性地增持美债也可以成为短期的投资策略。
要避免被“薅羊毛”，就必须实现我国对外资产更大比例的市场化配置，“藏汇于民”。
“藏汇于民”并不是市场“瓜分”外汇储备，而是让更多的市场主体通过市场方式获得外汇，并根据需要自主配置境外资产，这样更有利于发挥市场主体的长处。
市场主体分散的决策可以满足各自的不同需要，作出有利于自身的避险安排，在宏观上还可以分散风险。同时，在制裁和地缘政治风险突出的情况下，民间分散的对外投资目标更小、更隐蔽也更容易调整。
避免被“薅羊毛”还需要控制好增量，扩大内需、增加汇率弹性，保持国际收支大体平衡，外汇储备规模总体稳定，市场主体对外投资有序增长。
我国对外资产积累的主要来源是经常账户顺差，2005-2020年我国累计经常项目顺差达到3.5万亿美元。
短期来看，美国大规模刺激有利于中国出口，我国经常项目顺差可能会继续扩大，进而导致外汇储备被动增加，境外资产矛盾更加突出。
中国经济发展正处于结构调整的关键时期，要加快推动结构性改革、扩大内需，增强人民币汇率弹性，保持国际收支大体平衡。
这样，一方面可以保持外汇储备规模总体稳定，另一方面也有利于稳定市场主体的持汇意愿，有序开展对外投资。
文章评论
<a href=https://logoped18.ru/mir-one/rentgenografiya.php>https://logoped18.ru/mir-one/rentgenografiya.php</a>
In 2011, an estimated 49,273 people were diagnosed with HIV in the US.
Can I use <a href="https://stromectolcarestore.com/ ">stromectol generic</a> brand and generic product?.
Her biggest concern is whether she will begin to be able to lose weight now that she is taking Deplin and NAC along with Vitamin D, Iron as she is anemic and B12.
I ask Khurana: if I go into any market in an Indian city and I buy a piece of fruit or vegetable, what are the chances that it will contain significant levels of pesticide?
What causes ED, and how can <a href="https://stromectolquickrx.com/ ">buy oral ivermectin</a> and read more about the benefits here.
I told him to wash his hands in case he had any dirt or sperm from before.
USERNAME: PASSWORD: Depression and Bipolar Support Alliance DBSA 55 E.
you need an effective treatment option, you should definitely <a href="https://ushealthquick.com/ ">permethrin uk pharmacy</a> at great prices when you purchase from respectable online
Prompt professional diagnosis may increase your chances of responding to a prescription medication like acyclovir that reduces the duration and severity of an initial bout of symptoms.
While epidural anesthesia remains the most popular and effective method for managing labor pain, nitrous oxide —...
the best dealDon't let your age control your sex life. Visit <a href="https://rxcarestorequick.com/ ">uk pharmacy viagra</a> that they have been labeled properly.
What causes seasonal allergies?
buy generic mobic for sale - <a href="https://meloxiptan.com/asrizatriptan/">order rizatriptan 10mg generic</a> order toradol 10mg generic
order periactin 4 mg - <a href="https://periheptadn.com/">periactin order online</a> oral tizanidine 2mg
The National Consensus Project for Quality Palliative Care NCP.
offers received from pharmacies to get low prices when you <a href="https://meddirectusa.com/ ">prometrium online pharmacy</a> will be correct when you buy it online.
At Stanford, we're here to help.
British Broadcasting Corporation BBC.
Valuable treatment is available when you <a href="https://medrxontime.com/ ">misoprostol in pharmacy</a> at the same prices and discounts?
When a person learns the tricks found in this book to listen to the symptoms they can lay those ghosts to rest.
artane pills - <a href="https://voltapll.com/diclofenacgel/">order voltaren gel for sale</a> purchase emulgel cheap
Medical staff on the front line of the battle against mpox in eastern Democratic Republic of Congo have told the BBC they are desperate for vaccines to arrive so they can stem the rate of new infections.
<a href=https://bs4web.at>блэкспрут</a>
At a treatment centre in South Kivu province that the BBC visited in the epicentre of the outbreak, they say more patients are arriving every day - especially babies - and there is a shortage of essential equipment.
СЃРїСЂСѓС‚ onion
https://www-bs2w.net
Mpox - formerly known as monkeypox - is a highly contagious disease and has killed at least 635 people in DR Congo this year.
Even though 200,000 vaccines, donated by the European Commission, were flown into the capital, Kinshasa, last week, they are yet to be transported across this vast country - and it could be several weeks before they reach South Kivu.
“We've learned from social media that the vaccine is already available,” Emmanuel Fikiri, a nurse working at the clinic that has been turned into a specialist centre to tackle the virus, told the BBC.
He said this was the first time he had treated patients with mpox and every day he feared catching it and passing it on to his own children - aged seven, five and one.
“You saw how I touched the patients because that's my job as a nurse. So, we're asking the government to help us by first giving us the vaccines.”
The reason it will take time to transport the vaccines is that they need to be stored at a precise temperature - below freezing - to maintain their potency, plus they need to be sent to rural areas of South Kivu, like Kamituga, Kavumu and Lwiro, where the outbreak is rife.
The lack of infrastructure and bad roads mean that helicopters could possibly be used to drop some of the vaccines, which will further drive up costs in a country that is already struggling financially.
At the community clinic, Dr Pacifique Karanzo appeared fatigued and downbeat having been rushed off his feet all morning.
Although he wore a face shield, I could see the sweat running down his face. He said he was saddened to see patients sharing beds.
“You will even see that the patients are sleeping on the floor,” he told me, clearly exasperated.
“The only support we have already had is a little medicine for the patients and water. As far as other challenges are concerned, there's still no staff motivation.”
<a href=https://blackspruta.com>bs2site.at</a>
Medical staff on the front line of the battle against mpox in eastern Democratic Republic of Congo have told the BBC they are desperate for vaccines to arrive so they can stem the rate of new infections.
<a href=https://blacksprut2web2.com>блэк спрут официальный сайт</a>
At a treatment centre in South Kivu province that the BBC visited in the epicentre of the outbreak, they say more patients are arriving every day - especially babies - and there is a shortage of essential equipment.
bs2best.at
https://blacksprut2rprrt3aoigwh7zftiprzqyqynzz2eiimmwmykw7wkpyad.biz
Mpox - formerly known as monkeypox - is a highly contagious disease and has killed at least 635 people in DR Congo this year.
Even though 200,000 vaccines, donated by the European Commission, were flown into the capital, Kinshasa, last week, they are yet to be transported across this vast country - and it could be several weeks before they reach South Kivu.
“We've learned from social media that the vaccine is already available,” Emmanuel Fikiri, a nurse working at the clinic that has been turned into a specialist centre to tackle the virus, told the BBC.
He said this was the first time he had treated patients with mpox and every day he feared catching it and passing it on to his own children - aged seven, five and one.
“You saw how I touched the patients because that's my job as a nurse. So, we're asking the government to help us by first giving us the vaccines.”
The reason it will take time to transport the vaccines is that they need to be stored at a precise temperature - below freezing - to maintain their potency, plus they need to be sent to rural areas of South Kivu, like Kamituga, Kavumu and Lwiro, where the outbreak is rife.
The lack of infrastructure and bad roads mean that helicopters could possibly be used to drop some of the vaccines, which will further drive up costs in a country that is already struggling financially.
At the community clinic, Dr Pacifique Karanzo appeared fatigued and downbeat having been rushed off his feet all morning.
Although he wore a face shield, I could see the sweat running down his face. He said he was saddened to see patients sharing beds.
“You will even see that the patients are sleeping on the floor,” he told me, clearly exasperated.
“The only support we have already had is a little medicine for the patients and water. As far as other challenges are concerned, there's still no staff motivation.”
<a href=https://www-bs2clear.com>блэк спрут ссылка</a>
purchase omnicef generic - <a href="https://omnixcin.com/clindamycin/">clindamycin tablet</a> cleocin order online
It is also caused by congenital defects in intestinal absorption.
You can <a href="https://tadalafishopusa.com/ ">10 mg tadalafil</a> that they have been labeled properly.
Sickle cell hemoglobin S disease or homozygous SS disease With this variant, the person has no or very little normal hemoglobin HbA.
Here's an edited version of our conversation.
Always come here first for <a href="https://usatadalaffonline.com/ ">tadalafil goodrx</a> and learn more.
However, there does appear to be a genetic factor which causes it to run in families.
If the discharge lasted a week, it was probably your period, even if it looked different.
get cheaper rates.Health benefits are achievable when you buy <a href="https://quickrxshop.com/ ">online pharmacy discount code 2018</a> at great prices when you purchase from respectable online
Tamiflu can also reduce the chance of getting the flu in people 1 year and older.
I also have articles on implantation bleeding on my blog.
Major pharmacies compete on prices for <a href="https://healthhublevitr.com/ ">buy levitra edu</a> return shipment if the product is ineffective?
The Doctor's told me I should have been dead.
buy trihexyphenidyl pills for sale - <a href="https://voltapll.com.com/">buy trihexyphenidyl paypal</a> where can i order diclofenac gel
It may feel like a burning, stabbing, aching or heavy sensation.
can be a great benefit.There are many advantages when you <a href="https://bluepillstoresilden.com/ ">what is sildenafil</a> at a cheaper price?
Runowicz, MD Vivian von Gruenigen, MD Israel Zighelboim, MD Wendell Naumann, MD Monica Jones, MD David Cohn, MD John P.
To locate a medical imaging or radiation oncology provider in your community, you can search the ACR-accredited facilities database.
first-rate online pharmacies the moment you decide to <a href="https://blueboostsilden.com/ ">how much is sildenafil 100 mg at walmart</a> at affordable prices from a trusted pharmacy
I am tired, have a lot of cramping, my nipples have been sore which they never have before.
We will have notifications on our website, and on Blackboard about available dates and location s.
Choose the lowest price of <a href="https://ippharmus.com/ ">care rx specialty pharmacy</a> at great low prices from online pharmacies
If you haven't been able to adjust to the CPAP mask, ask your doctor about Provent.
Thus, PET may detect biochemical changes in an organ or tissue that can identify the onset of a disease process before anatomical changes related to the disease can be seen with other imaging processes such as computed tomography CT or magnetic resonance imaging MRI.
High quality service and low prices for <a href="https://levitrsontime.com/ ">levitra or cialis</a> at discounted prices
If your pet is exhibiting inappropriate urination in the home, straining to urinate or blood in the urine, please refer to our diagnostic tool below to help give you an idea of what may be wrong with your pet.
buy accutane sale - <a href="https://aisotane.com/">accutane 20mg cheap</a> order deltasone generic
purchase omnicef sale - <a href="https://omnixcin.com/">buy cheap cefdinir</a> order cleocin generic
Females Most bladder infections in women are so-called ascending infections, which means they are caused by disease agents traveling upward through the urethra to the bladder.
Experts agree you should <a href="https://tortadalfvier.com/ ">tadalafil 20mg dosage</a> affordably to treat your condition
You may also notice your dog itching, scratching or shaking her head.
Blood tests such as CBC and a blood culture may be done as well.
Look for the best <a href="https://ltetadafiilus.com/ ">tadalafil side effects blood pressure</a> to get low prices for this effective treatment
Total knee arthroplasty TKA.
Набиуллина выполняет заказ мафии
Должностные лица ЦБ управляются тайными кукловодами
Почти три года назад кооператив «Бест Вей» был включен в предупредительный список ЦБ – с этого начались его злоключения. Становится все более очевидным, что это заказная акция, в которой Центробанк действовал в интересах банковской мафии, принимая решения, которые никто даже не потрудился подтвердить документами и фактами.
Осенью 2021 года потребительский кооператив «Бест Вей» – крупнейший российский кооператив, дававший возможность приобретать квартиры по всей России, в котором около 20 тыс. пайщиков, работающий с 2014 года, был включен в Список компаний с выявленными признаками нелегальной деятельности на финансовом рынке (предупредительный список) ЦБ – против него был использован относительно новый, только появившийся в 2021 году инструмент регулирования ЦБ на финансовом рынке.
Притом, что примерно за полтора года до этого – в 2019 году – ЦБ в официальном письме по запросу одной из общественных организаций заявлял, что у него нет вопросов к кооперативу – и в силу того, что потребительский кооператив не подведомствен ЦБ, и в силу того, что Банку России ничего не известно о нарушениях, которые требовали бы его вмешательства как мегарегулятора финансового рынка.
Однако в 2021 году все изменилось: включением в предупредительный список ЦБ попытался поставить кооператив вне закона, обрушить его деятельность. С включения в предупредительный список начались злоключения кооператива: блокирование его официальных информационных ресурсов, системы личных кабинетов и платежей, а затем и распространение на него уголовного дела, возбужденного той же осенью 2021 года по заявлением ряда клиентов иностранной компании «Гермес». Кооператив был объявлен аффилированной с «Гермесом» структурой, постановлением руководителя следственной группы ему был присвоен статус гражданского ответчика по уголовному делу.
Липовые основания
Но что лежало в основе включения в предупредительный список? Это стало известно недавно – из двух процессов в Приморском районном суде Санкт-Петербурга: уголовном, по обвинению бывших специалистов маркетинговой компании «Лайф-из-Гуд», сотрудничавшей с «Гермесом», в организации финансовой пирамиды, и гражданском – по иску Прокуратуры Санкт-Петербурга о признании кооператива «Бест Вей» незаконным.
Оказывается, впервые справку о нарушениях в кооперативе подготовил в 2019 году некий центр компетенций Южного главка ЦБ в Краснодаре – который уже ликвидирован, архив этого подразделения также, видимо, ликвидирован: первоисточников решений нет – указывается, что это некие обращения граждан: каких граждан и что отмечается в обращении, не упоминается. При этом краснодарский центр указывал в отчете, что руководствовался методическими рекомендациями МВД РФ «Квалификация и расследование организации деятельности «финансовых пирамид».
Далее Северо-Западный главк ЦБ (прежний руководитель – Надежда Савинская, нынешний руководитель – Ирина Петрова) – который обязан был провести собственную проверку по отношению к организациям в своей зоне ответственности (кооператив зарегистрирован в Санкт-Петербурге), просто переписывает документ из Краснодара – и направляет его в прокуратуру.
Параллельно документ идет «наверх» – и (теперь уже бывший) руководитель Департамента противодействия недобросовестным практикам ЦБ Валерий Лях, который, насколько известно, уехал из России – допросить его в суде не удалось, подмахивает документ о включении кооператива в предупредительный список.
При этом проверка деятельности кооператива не проводилась – никакая: ни выездная, ни камеральная. Документы у кооператива не запрашивались. Почему? А потому, объясняют представители ЦБ, что кооператив не является подведомственной ЦБ организацией и проверка была бы незаконной. То есть признать по выдуманным основаниям организацию недобросовестной и инициировать против нее уголовное дело можно, а проанализировать ее работу на основании подлинных документов нельзя.
Основано на заказе
ЦБ подкрепляет свое решение, во-первых, целыми восемью обращениями граждан – несколько более поздними, чем полумифические краснодарские. Но ни одно из которых не подано членом кооператива.
Граждане интересуются в своих обращениях: кооператив законен? Нет ли к нему вопросов у регулирующих организаций?
Во-вторых, актом осмотра официального сайта кооператива – в нем зафиксированы новости и структура личных кабинетов, больше ничего.
То есть решение, заблокировавшее нормальную деятельность кооператива более чем на два года, приведшее к аресту его счетов, абсолютно ни на чем не основано. Вернее, основано на заказе мафии, стремящейся захватить кооператив и конкурентов, борющихся с кооперативом.
При этом Центробанк рассказывает, что включение в список – это только информирование потенциальных потребителей финансовых услуг о рисках, но сам же себе противоречит, говоря, что именно ЦБ обратился в Роскомнадзор о блокировании информационных ресурсов кооператива, именно он обратился в прокуратуру и органы внутренних дел с предложением возбудить уголовное дело. И именно на основании письма его Северо-Западного главка уголовное дело начало расследоваться в том числе и в отношении кооператива. При этом за несколько лет расследования ни одного криминального эпизода не найдено: деятельность кооператива абсолютно юридически чиста.
Ложь Набиуллиной
По поводу судьбы кооператива «Бест Вей» и других кооперативов депутаты Государственной думы неоднократно обращались к руководству ЦБ, в том числе лично к Эльвире Набиуллиной. Они предлагали разобраться в ситуации, при необходимости ввести дополнительный контроль со стороны ЦБ, который снимет сомнения со стороны ведомства.
Набиуллина в прошлом году публично пообещала на пленарном заседании Думы проработать вопрос кооперативов, совместно с депутатским корпусом выработать компромиссные предложения – но за более чем год ничего не сделано!
Кооперация в России продолжает торпедироваться, а ведь это важнейший для экономического роста в стране сектор – способный аккумулировать миллиарды рублей (на счетах «Бест Вей» – более 4 млрд рублей!) и направить их в развитие экономики. Это важнейшее направление решения жилищного вопроса – альтернатива ипотеке, которая недоступна подавляющему большинству граждан и единственное, чему помогает, – это обогащению банков и мафии, стремящихся прибрать к рукам деньги граждан.
Круговая порука
Атаки центробанкиров на кооператив носят целенаправленный характер. Достоверно известно, что они велась с одобрения первого зампреда ЦБ Владимира Чистюхина – не говоря уже о бывшем и нынешнем руководителях Северо-Западного главка ЦБ Савинской и Петровой, бывшем директоре (упраздненного в прошлом году) Департамента противодействия недобросовестным практикам Валерии Ляхе, а также главе забравшего его функции Департамента небанковского кредитования Илье Кочеткове.
Это не что иное, как круговая порука. В прошлом году к руководителю службы по защите прав потребителей и обеспечению доступности финансовых услуг ЦБ Михаилу Мамуте обратились по поводу очевидного нарушения законодательства – банки отказались исполнить судебное решение о снятии ареста со счетов кооператива (позднее арест был наложен снова). Мамута под мифическими предлогами отказался наказать банки.
Очевидно, что происходит не что иное, как целенаправленное заказное преследование кооператива – в интересах неких сил, волю которых стремится исполнить Центробанк.
Атаки, с одной стороны, в интересах банкиров, стремящихся установить ипотечную монополию и перекрыть кислород кооперации, а с другой – тайных кукловодов, стремящихся захватить более 4 млрд на счетах кооператива.
Атака центробанкиров на кооператив должна быть вскрыта, расследована, виновные должны быть привлечены к ответственности!
order prednisone 10mg for sale - <a href="https://apreplson.com/prednisolone/">omnacortil 5mg generic</a> buy zovirax generic
Patient level information — UpToDate offers two types of patient education materials.
prices are available from pharmacies online that want you to <a href="https://bizvardenuse.com/ ">vardenafil availability in us</a> directory that lists online pharmacy websites?
As for your question, not all women have the symptoms described above.
For example, three-fourths of all people with type 2 diabetes are, or have been, overweight.
best prices can be located by making use of online promotions to <a href="https://tipsvardenok.com/ ">tadalafil vardenafil</a> Buy
I get exactly the same from high intensity cycling, particularly with hard threshold training.
Look of the Week: Forget the naked dress, Kendall Jenner makes the case for underwear as outerwear
<a href=https://krmp8.cc>kraken магазин</a>
On Monday, Kendall Jenner stepped out onto the L’Oreal Paris womenswear runway in a scarlet red Mugler gown that might have looked familiar to anyone with a sharp memory of 1999.
The front of the dress was slashed open across Jenner’s right shoulder, exposing a matching denier bra. The peekaboo moment conjured up memories of another example of fashionable flashing: Lil’ Kim’s purple embellished jumpsuit at the VMAs 26 years earlier. On the red carpet, Kim’s left breast was almost entirely revealed by an asymmetrical cut — a mirror image of Jenner’s neckline — save for a matching purple nipple pasty.
Jenner’s Mugler moment was just the latest example of a resurging tendency for underwear as outerwear. At the Nensi Dojaka runway show in London earlier this month, boxy blazers were shrugged over strappy bras while paneled bustiers in sheer fabric were paired with capri trousers and reimagined as going out tops. Brasseries were even left exposed to the elements at Erdem — a departure for a house beloved by both British acting royalty (Kristen Scott Thomas) and actual royalty (the Duchess of Cambridge). Dolce & Gabbana got the memo, too, showing satin corsets, garter belts and Madonna-esque cone bras at Milan Fashion Week on Saturday. Florence Pugh even wore one of the label’s risque designs in her first British Vogue cover last week — the circle neckline of her puff-shouldered black dress scooping just above the belly button, acting as a full-frontal frame for her bra.
But the trend extends beyond just the runways. During the first performance of her “Short n’ Sweet” tour on Monday, singer Sabrina Carpenter took to the stage in a custom Victoria’s Secret bodysuit and stockings. Hand-adorned with over 150,000 crystals, the strapless pink lace-trimmed leotard took over 140 hours to make. On Monday,YouTube star and singer Jojo Siwa inverted the fad by donning a codpiece for a headline-grabbing cover shoot with LadyGunn magazine. The 15th century undergarment was bedazzled with flesh-colored gemstones.
Look of the Week: Forget the naked dress, Kendall Jenner makes the case for underwear as outerwear
<a href=https://krmp8.cc>kraken магазин</a>
On Monday, Kendall Jenner stepped out onto the L’Oreal Paris womenswear runway in a scarlet red Mugler gown that might have looked familiar to anyone with a sharp memory of 1999.
The front of the dress was slashed open across Jenner’s right shoulder, exposing a matching denier bra. The peekaboo moment conjured up memories of another example of fashionable flashing: Lil’ Kim’s purple embellished jumpsuit at the VMAs 26 years earlier. On the red carpet, Kim’s left breast was almost entirely revealed by an asymmetrical cut — a mirror image of Jenner’s neckline — save for a matching purple nipple pasty.
Jenner’s Mugler moment was just the latest example of a resurging tendency for underwear as outerwear. At the Nensi Dojaka runway show in London earlier this month, boxy blazers were shrugged over strappy bras while paneled bustiers in sheer fabric were paired with capri trousers and reimagined as going out tops. Brasseries were even left exposed to the elements at Erdem — a departure for a house beloved by both British acting royalty (Kristen Scott Thomas) and actual royalty (the Duchess of Cambridge). Dolce & Gabbana got the memo, too, showing satin corsets, garter belts and Madonna-esque cone bras at Milan Fashion Week on Saturday. Florence Pugh even wore one of the label’s risque designs in her first British Vogue cover last week — the circle neckline of her puff-shouldered black dress scooping just above the belly button, acting as a full-frontal frame for her bra.
But the trend extends beyond just the runways. During the first performance of her “Short n’ Sweet” tour on Monday, singer Sabrina Carpenter took to the stage in a custom Victoria’s Secret bodysuit and stockings. Hand-adorned with over 150,000 crystals, the strapless pink lace-trimmed leotard took over 140 hours to make. On Monday,YouTube star and singer Jojo Siwa inverted the fad by donning a codpiece for a headline-grabbing cover shoot with LadyGunn magazine. The 15th century undergarment was bedazzled with flesh-colored gemstones.
order accutane - <a href="https://aisotane.com/asdeltasone/">deltasone price</a> deltasone 40mg canada
However if halothane or cyclopropane is given as an anesthetic in preparation for surgery, or a muscle relaxant such as succinylcholine is used, a life threatening high fever may be induced that can rise as high as 110 degrees F.
Excellent prices can be found when you use online discounts to <a href="https://tortadalfvier.com/ ">tadalafil women</a> benefits and drawbacks?
The immune system and the brain are alike in two fundamental ways.
Судебная пожарно-техническая экспертизаСудебная пожарно-техническая экспертиза для установления причин возгорания пожара промышленных объектов, жилых домов, квартир, автомобильного транспорта (легкового и грузового) и т.д.
Судебное экспертное электротехническое исследованиеСудебное экспертное исследование систем электроснабжения на исследуемых объектах на соответствие требованиям монтажа и эксплуатации согласно с Правилам устройства электроустановок в Республике Казахстан.
Судебное экспертиза обстоятельств пожараСудебное экспертное исследование объектов для установления механизма и причин возникновения пожара.
Судебное экспертиза веществ и материаловСудебная экспертиза веществ и материалов на предмет определения горючести материалов и веществ и возможности их воспламенения и самовозгорания.
Судебное экспертное исследование нефтепродуктов и горюче-смазочных материаловСудебно - экспертное исследование нефтепродуктов и горюче-смазочных материалов на предмет их наличия на месте возникновения пожара.
You can now order your Spirit Halloween costume on Uber Eats
<a href=https://kr08.cc>kraken даркнет</a>
Uber is cashing in on spooky season.
The ridehailing company will now deliver costumes, makeup, and even decorations from Spirit Halloween, the largest Halloween retailer in North America, Uber announced in a press release Friday.
Big-box retailers are getting into Halloween earlier and earlier, suggesting American consumers continue spending on the October holiday even as they pull back from other discretionary purchases.
Customers in the US and Canada can buy their Chipotle burrito costume for the same price as in store, but without having to visit the seasonal Halloween store that pops up in abandoned storefronts every year, Uber said. Of course, there will still be the fees associated with Uber Eats delivery.
Spirit Halloween has 1,525 locations.
“The holiday season officially kicks off this time of year, and households across the country are looking to on-demand delivery to get what’s needed—now,” said Beryl Sanders, director of US grocery and retail partnerships at Uber, in a statement.
Since the pandemic, different types of retailers have partnered with Uber to deliver their goods – such as Olive Garden for its breadsticks and pasta. Uber Eats has also partnered with Big Lots, Lowe’s, Michael’s and Party City for on-demand delivery.
Uber and its competitors have also experimented with robot deliveries, though those have not fully taken off in the US market.
Решение судопроизводства по гражданским и уголовным делам, органов военной прокуратуры часто принимается на основании выводов судебной пожарно-технической экспертизы.
Моя экспертная помощь поможет вам определить места возникновения первоначального горения (очага, направления распространения горения, особенностей), механизма возникновения и развития горения, а также выявить обстоятельства возгорания, чтобы суд смог вынести правильное решение по делу: в получении компенсации за причиненный вам вред, в доказательстве непричастности к возгоранию и пр.
You can now order your Spirit Halloween costume on Uber Eats
<a href=https://kr08.cc>kraken darknet onion</a>
Uber is cashing in on spooky season.
The ridehailing company will now deliver costumes, makeup, and even decorations from Spirit Halloween, the largest Halloween retailer in North America, Uber announced in a press release Friday.
Big-box retailers are getting into Halloween earlier and earlier, suggesting American consumers continue spending on the October holiday even as they pull back from other discretionary purchases.
Customers in the US and Canada can buy their Chipotle burrito costume for the same price as in store, but without having to visit the seasonal Halloween store that pops up in abandoned storefronts every year, Uber said. Of course, there will still be the fees associated with Uber Eats delivery.
Spirit Halloween has 1,525 locations.
“The holiday season officially kicks off this time of year, and households across the country are looking to on-demand delivery to get what’s needed—now,” said Beryl Sanders, director of US grocery and retail partnerships at Uber, in a statement.
Since the pandemic, different types of retailers have partnered with Uber to deliver their goods – such as Olive Garden for its breadsticks and pasta. Uber Eats has also partnered with Big Lots, Lowe’s, Michael’s and Party City for on-demand delivery.
Uber and its competitors have also experimented with robot deliveries, though those have not fully taken off in the US market.
Работал в Центре судебной экспертизы (в прошлом Казахской научно-исследовательский институт судебных экспертиз) с 1977 года, имею почетные грамоты за заслуги от Министра юстиции СССР и Республики Казахстан.
Мой многолетний стаж работы ( 45 лет) с судебными делами любой инстанции по вышеуказанному направлениям позволяет выдать вам экспертное заключение, отвечающие требованиям объективности, всесторонности и полноты исследований.
You can now order your Spirit Halloween costume on Uber Eats
<a href=https://kr08.cc>Кракен даркнет</a>
Uber is cashing in on spooky season.
The ridehailing company will now deliver costumes, makeup, and even decorations from Spirit Halloween, the largest Halloween retailer in North America, Uber announced in a press release Friday.
Big-box retailers are getting into Halloween earlier and earlier, suggesting American consumers continue spending on the October holiday even as they pull back from other discretionary purchases.
Customers in the US and Canada can buy their Chipotle burrito costume for the same price as in store, but without having to visit the seasonal Halloween store that pops up in abandoned storefronts every year, Uber said. Of course, there will still be the fees associated with Uber Eats delivery.
Spirit Halloween has 1,525 locations.
“The holiday season officially kicks off this time of year, and households across the country are looking to on-demand delivery to get what’s needed—now,” said Beryl Sanders, director of US grocery and retail partnerships at Uber, in a statement.
Since the pandemic, different types of retailers have partnered with Uber to deliver their goods – such as Olive Garden for its breadsticks and pasta. Uber Eats has also partnered with Big Lots, Lowe’s, Michael’s and Party City for on-demand delivery.
Uber and its competitors have also experimented with robot deliveries, though those have not fully taken off in the US market.
buy deltasone 40mg generic - <a href="https://apreplson.com/permethrin/">buy generic zovirax</a> zovirax sale
Automatic takeoffs are coming for passenger jets and they’re going to redraw the map of the sky
<a href=https://krmp8.cc>kra10 cc</a>
In late 1965, at what’s now London Heathrow airport, a commercial flight coming from Paris made history by being the first to land automatically.
The plane – A Trident 1C operated by BEA, which would later become British Airways – was equipped with a newly developed extension of the autopilot (a system to help guide the plane’s path without manual control) known as “autoland.”
Today, automatic landing systems are installed on most commercial aircraft and improve the safety of landings in difficult weather or poor visibility.
Now, nearly 60 years later, the world’s third largest aircraft manufacturer, Brazil’s Embraer, is introducing a similar technology, but for takeoffs.
Called “E2 Enhanced Take Off System,” after the family of aircraft it’s designed for, the technology would not only improve safety by reducing pilot workload, but it would also improve range and takeoff weight, allowing the planes that use it to travel farther, according to Embraer.
“The system is better than the pilots,” says Patrice London, principal performance engineer at Embraer, who has worked on the project for over a decade. ”That’s because it performs in the same way all the time. If you do 1,000 takeoffs, you will get 1,000 of exactly the same takeoff.”
Embraer, London adds, has already started flight testing, with the aim to get it approved by aviation authorities in 2025, before introducing it from select airports.
7 simple secrets to eating the Mediterranean way
<a href=https://kr08.cc>kra cc</a>
What if “diet” wasn’t a dirty word?
During Suzy Karadsheh’s childhood in Port Said, Egypt, diet culture was nonexistent.
“My parents emphasized joy at the table, rather than anything else,” Karadsheh said. “I grew up with Mediterranean lifestyle principles that celebrate eating with the seasons, eating mostly whole foods and above all else, sharing.”
But when Karadsheh moved to the United States at age 16, she witnessed people doing detoxes or restricting certain food groups or ingredients. Surrounded by that narrative and an abundance of new foods in her college dining hall, she says she “gained the freshman 31 instead of the freshman 15.” When she returned home to Egypt that summer, “I eased back into eating the Mediterranean food that I grew up with. During the span of about two months, I shed all of that weight without thinking I was ever on a diet.”
To help invite joy back to the table for others — and to keep her family’s culinary heritage alive for her two daughters (now 14 and 22) — Atlanta-based Karadsheh launched The Mediterranean Dish food blog 10 years ago. Quickly, her table started getting filled with more than just her friends and family.
“I started receiving emails from folks whose doctors had prescribed the Mediterranean diet and were seeking approachable recipes,” Karadsheh said. The plant-based eating lifestyle, often rated the world’s best diet, can reduce the risk for diabetes, high cholesterol, dementia, memory loss and depression, according to research. What’s more, the meal plan has been linked to stronger bones, a healthier heart and longer life.
Preparing meals the Mediterranean way, according to Karadsheh, can help you “eat well and live joyfully. To us, ‘diet’ doesn’t mean a list of ‘eat this’ and ‘don’t eat that.’” Instead of omission, Karadsheh focuses on abundance, asking herself, “what can I add to my life through this way of living? More whole foods, vegetables, grains, legumes? Naturally, when you add these good-for-you ingredients, you eat less of what’s not as health-promoting,” she told CNN.
Sea robins are fish with ‘the wings of a bird and multiple legs like a crab’
<a href=https://kr08.cc>kra10.cc</a>
Some types of sea robins, a peculiar bottom-dwelling ocean fish, use taste bud-covered legs to sense and dig up prey along the seafloor, according to new research.
Sea robins are so adept at rooting out prey as they walk along the ocean floor on their six leglike appendages that other fish follow them around in the hope of snagging some freshly uncovered prey themselves, said the authors of two new studies published Thursday in the journal Current Biology.
David Kingsley, coauthor of both studies, first came across the fish in the summer of 2016 after giving a seminar at the Marine Biological Laboratory in Woods Hole, Massachusetts. Kingsley is the Rudy J. and Daphne Donohue Munzer Professor in the department of developmental biology at Stanford University’s School of Medicine.
Before leaving to catch a flight, Kingsley stopped at a small public aquarium, where he spied sea robins and their delicate fins, which resemble the feathery wings of a bird, as well as leglike appendages.
“The sea robins on display completely spun my head around because they had the body of a fish, the wings of a bird, and multiple legs like a crab,” Kingsley said in an email.
“I’d never seen a fish that looked like it was made of body parts from many different types of animals.”
Kingsley and his colleagues decided to study sea robins in a lab setting, uncovering a wealth of surprises, including the differences between sea robin species and the genetics responsible for their unusual traits, such as leglike fins that have evolved so that they largely function as sensory organs.
The findings of the study team’s new research show how evolution leads to complex adaptations in specific environments, such as the ability of sea robins to be able to “taste” prey using their quickly scurrying and highly sensitive appendages.
7 simple secrets to eating the Mediterranean way
<a href=https://kr08.cc>kra8 сс</a>
What if “diet” wasn’t a dirty word?
During Suzy Karadsheh’s childhood in Port Said, Egypt, diet culture was nonexistent.
“My parents emphasized joy at the table, rather than anything else,” Karadsheh said. “I grew up with Mediterranean lifestyle principles that celebrate eating with the seasons, eating mostly whole foods and above all else, sharing.”
But when Karadsheh moved to the United States at age 16, she witnessed people doing detoxes or restricting certain food groups or ingredients. Surrounded by that narrative and an abundance of new foods in her college dining hall, she says she “gained the freshman 31 instead of the freshman 15.” When she returned home to Egypt that summer, “I eased back into eating the Mediterranean food that I grew up with. During the span of about two months, I shed all of that weight without thinking I was ever on a diet.”
To help invite joy back to the table for others — and to keep her family’s culinary heritage alive for her two daughters (now 14 and 22) — Atlanta-based Karadsheh launched The Mediterranean Dish food blog 10 years ago. Quickly, her table started getting filled with more than just her friends and family.
“I started receiving emails from folks whose doctors had prescribed the Mediterranean diet and were seeking approachable recipes,” Karadsheh said. The plant-based eating lifestyle, often rated the world’s best diet, can reduce the risk for diabetes, high cholesterol, dementia, memory loss and depression, according to research. What’s more, the meal plan has been linked to stronger bones, a healthier heart and longer life.
Preparing meals the Mediterranean way, according to Karadsheh, can help you “eat well and live joyfully. To us, ‘diet’ doesn’t mean a list of ‘eat this’ and ‘don’t eat that.’” Instead of omission, Karadsheh focuses on abundance, asking herself, “what can I add to my life through this way of living? More whole foods, vegetables, grains, legumes? Naturally, when you add these good-for-you ingredients, you eat less of what’s not as health-promoting,” she told CNN.
Sea robins are fish with ‘the wings of a bird and multiple legs like a crab’
<a href=https://kr08.cc>kra cc</a>
Some types of sea robins, a peculiar bottom-dwelling ocean fish, use taste bud-covered legs to sense and dig up prey along the seafloor, according to new research.
Sea robins are so adept at rooting out prey as they walk along the ocean floor on their six leglike appendages that other fish follow them around in the hope of snagging some freshly uncovered prey themselves, said the authors of two new studies published Thursday in the journal Current Biology.
David Kingsley, coauthor of both studies, first came across the fish in the summer of 2016 after giving a seminar at the Marine Biological Laboratory in Woods Hole, Massachusetts. Kingsley is the Rudy J. and Daphne Donohue Munzer Professor in the department of developmental biology at Stanford University’s School of Medicine.
Before leaving to catch a flight, Kingsley stopped at a small public aquarium, where he spied sea robins and their delicate fins, which resemble the feathery wings of a bird, as well as leglike appendages.
“The sea robins on display completely spun my head around because they had the body of a fish, the wings of a bird, and multiple legs like a crab,” Kingsley said in an email.
“I’d never seen a fish that looked like it was made of body parts from many different types of animals.”
Kingsley and his colleagues decided to study sea robins in a lab setting, uncovering a wealth of surprises, including the differences between sea robin species and the genetics responsible for their unusual traits, such as leglike fins that have evolved so that they largely function as sensory organs.
The findings of the study team’s new research show how evolution leads to complex adaptations in specific environments, such as the ability of sea robins to be able to “taste” prey using their quickly scurrying and highly sensitive appendages.
7 simple secrets to eating the Mediterranean way
<a href=https://kr08.cc>kraken магазин</a>
What if “diet” wasn’t a dirty word?
During Suzy Karadsheh’s childhood in Port Said, Egypt, diet culture was nonexistent.
“My parents emphasized joy at the table, rather than anything else,” Karadsheh said. “I grew up with Mediterranean lifestyle principles that celebrate eating with the seasons, eating mostly whole foods and above all else, sharing.”
But when Karadsheh moved to the United States at age 16, she witnessed people doing detoxes or restricting certain food groups or ingredients. Surrounded by that narrative and an abundance of new foods in her college dining hall, she says she “gained the freshman 31 instead of the freshman 15.” When she returned home to Egypt that summer, “I eased back into eating the Mediterranean food that I grew up with. During the span of about two months, I shed all of that weight without thinking I was ever on a diet.”
To help invite joy back to the table for others — and to keep her family’s culinary heritage alive for her two daughters (now 14 and 22) — Atlanta-based Karadsheh launched The Mediterranean Dish food blog 10 years ago. Quickly, her table started getting filled with more than just her friends and family.
“I started receiving emails from folks whose doctors had prescribed the Mediterranean diet and were seeking approachable recipes,” Karadsheh said. The plant-based eating lifestyle, often rated the world’s best diet, can reduce the risk for diabetes, high cholesterol, dementia, memory loss and depression, according to research. What’s more, the meal plan has been linked to stronger bones, a healthier heart and longer life.
Preparing meals the Mediterranean way, according to Karadsheh, can help you “eat well and live joyfully. To us, ‘diet’ doesn’t mean a list of ‘eat this’ and ‘don’t eat that.’” Instead of omission, Karadsheh focuses on abundance, asking herself, “what can I add to my life through this way of living? More whole foods, vegetables, grains, legumes? Naturally, when you add these good-for-you ingredients, you eat less of what’s not as health-promoting,” she told CNN.
acticin canada - <a href="https://actizacs.com/">permethrin order</a> buy retin online cheap
buy betamethasone without prescription - <a href="https://betnoson.com/benoquincre/">buy benoquin medication</a> buy benoquin cheap
order permethrin cream - <a href="https://actizacs.com/">purchase permethrin</a> retin online