LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #20   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Apr 2011
Posts: 1,051
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.



 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Addicted to DEBT!!!! Canuck57[_9_] General 2 July 29th 11 05:56 AM
China tells U.S. to keep out of South China Sea dispute | Reuters Lil Abner General 7 September 22nd 10 05:17 PM
In debt, we trust Atomic Abusement Park Clown General 0 May 17th 09 08:48 PM
china china authentic ted williams jerseys,doug williams jerseys,nfljerseys cowboy roy williams,deangelo williams jerseys,nfl jerseys denverbroncos darrent williams, [email protected] General 0 July 14th 08 10:49 PM
FS- Power boats in China. Designed and built to New Zealand standards the first of these are now in production in China. nz marine Marketplace 0 March 18th 06 02:24 PM


All times are GMT +1. The time now is 07:54 AM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 BoatBanter.com.
The comments are property of their posters.
 

About Us

"It's about Boats"

 

Copyright © 2017