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wf3h[_2_] wf3h[_2_] is offline
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First recorded activity by BoatBanter: Apr 2011
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Default China downgrades US debt

On Wed, 03 Aug 2011 23:18:31 -0600, Canuck57
wrote:

On 03/08/2011 8:20 PM, wf3h wrote:
On Wed, 03 Aug 2011 09:07:14 -0600,
wrote:


Not only has China reduced the US credit rating, they have reduced their
holdings of US debt. Once as high as $2.1 trillion, now only $1.15
trillion as everyone knows, USD is experiencing Bernanke currency fraud.
No one buys US treasuries any more, Bernanke prints it.

The Bernake doctrine of inflation causing unemployment:


inflation is running at about 3%. IOW canuck doesnt know what he's
talking about


First, no one believes the governments own bull**** numbers.


so you have all the evidence that you're right except when you dont

gotcha

An interesting chart suggests gold tracks debt, debt limit and inflation....

http://www.telegraph.co.uk/finance/p...-year-end.html

If you use a government inflation calc, it does not take long to see
their numbers are pure bull****.


gee the article doesnt mention inflation at all. in fact, inflation is
the result of high demand

how's demand doing right now? we at full employment after the
teabaggers nearly destroyed the US

you keep showing you know zip about economics


The very debt incurred causes the depression.