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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. |
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