The citizens of this country will be slaves before they ever revolt against a system unfair to their fruits of labor. We're all lazy, dumb, arrogant assholes. I can't hold a 5 minute conversation about how fucked up (to the depositors and holders of USD) our fractional banking system is with an average American citizen.
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Is $1 Trillion bail-out "big ponzi"?
- Thread starter talknet
- Start date
Posted in other forum-:Quote from talknet:
I think, the printing cost of $100 bill is 10 cents. Central banks have the monopoly of printing money.
Central banks are just increasing the "money supply" when there is no actual "sales demand".
That is the worst thing the government can do. By just increasing the amount of money by printing more means that you just devalue the currency.
This is what killed the economy in Germany after World War I and ushered Hitler into power, when the deutschemark was so devalued it took a wheelbarrow full of money to buy a loaf of bread.
This is also why the government of Zimbabwe just issued their first $100 trillion "dollar" note, which translates to just about US$300. This is also why the government makes such a big deal about dealing with counterfeiters, because there is a fear that some terrorist group may try to destroy the country's economy by flooding the market with fake currency.
Quote from talknet:
The USA government is taking money from new investors (tax-payers) and giving it to old investors (bankrupt giant companies)
There is 100% possibility/chance that the giant companies will shut down. Past history says bankrupt companies do not survive for long because they are already bankrupt. Also now "sales future" is not guaranteed because $60 trilion loss has destroyed world economy.
Now the question: Is $1 Trillion bail-out "big ponzi"?
anyone who thinks geithner is a 'Change' from Paulson is blind
The $1 Trillion bail-out and $1.5 Trillion stimulus package is creating World War III like situation.Quote from talknet:
Posted in other forum-:
That is the worst thing the government can do. By just increasing the amount of money by printing more means that you just devalue the currency.
This is what killed the economy in Germany after World War I and ushered Hitler into power, when the deutschemark was so devalued it took a wheelbarrow full of money to buy a loaf of bread.
USA army should over-throw the government and gain 100% control over USA administration. Barak Obama & his team is too weak, incompetent and useless.
George Bush was the Best-ever USA President.
What further improvements and better policies can Barak Obama make which George Bush could not make. It is a dead end and there is no way out. It's over.
George Bush was the Best-ever USA President.
What further improvements and better policies can Barak Obama make which George Bush could not make. It is a dead end and there is no way out. It's over.
China has about $200-300 billion cash in its foreign exchange reserve of over $1.9 trillion. More future capital outflow may force China¡¦s central bank to sell its dollar assets to meet domestic demand of cash exchange, and this will lead the central bank to adjust its portfolio of foreign exchange reserve by selling long-term treasury bills and buying short-term ones. China¡¦s capital outflow in the fourth quarter last year was estimated at about $160 billionQuote from nukethewhales31:
dont forget about CHINA .... lol
what till china dumps on us look how much they own in bonds
http://www.chinastakes.com/story.aspx?id=978
Quote from talknet:
China and India are responsible for $60 Trillion to $120 Trillion loss which has destroyed world economy.
China & India are "world's headache".
USA, Russia and Europe should collectively Bomb China & India back to stone age.
A lot of doctors here in the U.S. are from India. We need them.
Falling giant banks & giant companies" are indicators of approaching massive financial catastrophe which is further loss of $1200 Trillion to the world economyQuote from sandygray66:
Talknet - Are you Marc Faber?
If you really think the S&P is going to 100, have you built yourself a bunker with 20 years supply of food and water, like those idiots who thought the world was going to end on Jan. 1, 2000????
Too bad there is $1,400 Trillion of wealth left to evaporate and will probably only be about $200 Trillion at current values left when all is said and done.
The deflationary credit contraction begins.