On 20/11/2011 9:07 PM, bpuharic wrote:
On Sun, 20 Nov 2011 16:44:00 -0700,
wrote:
On 20/11/2011 1:00 PM, bpuharic wrote:
On Sun, 20 Nov 2011 11:09:30 -0700,
wrote:
HAHAHAH you LOVE wall street. you worship it. you believe wall street
corruption is of god. we're becoming like egypt, with a small rich
class and a large poor class
Think poor, be poor.
ah the platitudes of the rich. meaningless mental masturbation so they
dont have to face facts
and you think that's great. all the while complaining about
'corruption'...which, you think, is limited to the middle class
our current depression has NOTHING to do with debt. not a damn thing.
you're too stupid about economics to know this
Shows how much of a dumb**** you are. This is a debt and government
corruption depression. Depressions are caused by economic imbalances.
You really should unsubscribe from Fleabagger Daily
OK big boy
tell me how the debt causes consumption to be depressed. OK??
oh. you can't. you just heard this on talk radio
'cuz it aint true, sport. they're 2 completely different problems.
moron.
, a slow but sure devaluation of USD will occur, and it could
accelerate without much notice. Devaluation means fewer other countries
will want the depreciating USD currency
let's see...current bond rates in the US are about 1%
seems like EVERYONE wants to buy our debt
you're just too stupid to know this
Funny, Bernanke has to electronically counterfeit the money, so GS can
borrow it to buy US Treasuries.
notice how he doesnt address the fact US bonds are the most desirable
in teh world? that's why our interest rate is so low
but he ignores that
As no one else will by the junk US
Treasury paper. US government hasn't filled a bond issue to the public
without counterfeit since early 2007 when congress and Bernanke fraud
started in earnest. Chinese have even reduced their holdings in
Treasuries because USA is such a poor rate of return in a depreciating
currency and fraud low rates.
rate for a spanish gvt bond: 7%
italian? 6%
US? 1%
but he ignores this 'cuz talk radio cant deal with it
Only fools buy US Treasuries at 1%. And not enough fools to fill the order.
HAHAHAHA the reason they buy it is
BECAUSE ITS SECURE!!
they DONT buy spanish bonds at 7% because they're NOT secure. that's
why spain has to offer higher interest rates
you're an idiot. you dont even know how bonds work!
Given China, Russia and India's momentum, USA will not just slide to
second place, but at least drop to 3rd place or lower inside of 12
years. I predict 2nd place in 4 years.
russia??
did you REALLY include RUSSIA???
HAHAHAHAHA
Yep, economically Russia's trends are doing better than the USA. So is
Mexico for that mater. And Mexico no longer allows USD transactions,
you need to use Peso. Even Mexico is moving away from USD as a currency.
tell you what.
you live in canada
try to pay for a transaction at a local store in canada with mexican
pesos
But democrat congress of 2006 and Bernanke were the catalysts in kicking
the can over the edge. And 0bama put it into hyper-drive for the fast
flush.
so here we have a guy
who doesnt understand how bonds work
who lives in a country with socialized medicine and 30% union
membership
lecturing us on how the US needs to destroy unions...even though we
dont have any
and how we have to avoid socialized meidcine 'cuz it always destroys a
country
uh huh
Simple. Government overspends incurring huge debt, and at 0% interest
rates no one is lending the US government money. Bernanke electronic
counterfeits trillions that end up funding corrupt banks and the US
Treasury in the ruse of US Treasury solvency. One problem, this puts
inflation pressures on the currency.
Goldman Sachs an insider to the corruption is the intermediate broker of
this. They get cheap 0% rate money from US Fed Bernanke counterfeit,
then buy the US Treasuries that no one else will. Greece can't do this
as they don't control the IMF or Euro-Bank. US can.
No one is lending real money to the US Treasury to the tune of $2
trillion a year or more. Even if China wants some maturing moneys back,
Bernanke just issues more counterfeit to cover. Highly inflationary but
these corrupt people don't give a damn about us.
So with inflation pressures, people acquire less goods as the value of
income has depreciated. Less goods also means less jobs to produce
them. And less jobs means less taxes, so Bernanke can print more to
make it even worse. A vicious cycle of insanity and denial.
Because money always has a cost to it even at 0% rates, it translates to
inflation and the cost is put over the entire currency base as inflation.
Money is actually stock in an economy, you print twice as much then each
share ultimately will be 1/2 the value it was before.
Look at a 10 year chart of USD and Yuan:
http://www.xe.com/currencycharts/?fr...o=CNY&view=10Y
When the USD started to drop, it coincided with the appointment of
Bernanke and fraudsters and the rise of unemployment. USD used to be
8.28 Yuan to $1 USD. Now, 6.32 Yuan to $1 USD, a 31% value drop for the
USD. The major source of US inflation since 2006.
The drop is entirely Bernanke's Doctrine:
http://en.wikipedia.org/wiki/Bernanke_doctrine
Bernanke is flooding the markets with no value new counterfeit, and at
some point is 100% certain to do this:
http://en.wikipedia.org/wiki/Hyperinflation
What is destroying the USA and Europe is a corrupt leadership in banking
and government. They are hopeless bankrupt and in a spiral.
And why I will not lend money, as if locked into some pathetic return
when hyperinflation strikes, bonds, CD/GICs, preferred shares and the
like are going to take a bath. Risk is too high, reward non-existent as
it doesn't even pace inflation plus taxes on interest. Lots of people
like me, that is why the US Treasury uses the ruse of borrowing.
Goldman Sachs doesn't mind, they borrow from the US Fed at 0% on the
same terms as the US Treasury but get 1% interest in the middle for
doing not much at all, a GS Tax if you will. 1% on $12 trillion or so
is pretty good return for this scam.
Also why US feds don't come down on GS in any meaningful way, and most
is just
PR, a stage ruse.
No real money or real people are lending the 0bama $1.6 trillion debt
spend. Bernanke prints it in the ruse.
--
All successful people have one thing in common, if even for a moment
they think rationally.