Home |
Search |
Today's Posts |
#11
![]()
posted to rec.boats
|
|||
|
|||
![]()
On Sun, 20 Nov 2011 16:44:00 -0700, Canuck57
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 |
Thread Tools | Search this Thread |
Display Modes | |
|
|
![]() |
||||
Thread | Forum | |||
Here are your "occupy your wallet" protesters... | General | |||
Tea Partiers Protesting Wall Street's Excess? | General | |||
Right Wing loses, Left Wing Wins Big | General | |||
OT Oh yeah, That | General | |||
Yeah, it's me! | General |