is the US the next Argentina?

Quote from piezoe:

I would think it best for U.S. citizens if their country adopted a more neutral stance toward Israel and the Palestinians. However, the U.S. has not done that. So if we are going to behave as any well trained lap dog should, is it wrong to expect an occasional bone to be thrown our way?
More...

Israel offers intelligence information to the US. it is more than a bone.

the money beggar USA should get it house in financial order.
the democrats are philosophically opposed to do that. the republicans are cowards because they think and perhaps rightfully so that doing the right thing will lose them the elections.
 
"I would think it best for U.S. citizens if their country adopted a more neutral stance toward Israel and the Palestinians."

why is that? what do u think the US will get in return? or is it simply the notion of "neutrality"is appealing to you or a reflex action, since you already have admitted little knowledge about the mideast.

of course you have an understanding why Israel a nation of 6million jews surrounded by 300 million arabs who consider the country to be a cancer, whose people should be driven into the sea, needs friends, not other nations who deal in moral equivalencies as you propose.
 
"PIMCO's record is public. They're the number#1 fund in the world by AUM and long-term performance, other than sovereign wealth funds (China).

You're thinking buy and hold till maturity. PIMCO trades bond values like a stock. In and out. Profit off the difference, and sometimes collect until maturity.

US Treasuries are unlikely to collapse. The FED purchases 75% of new issuances. It's an artificial market. Imagine where yields would be without the PPT (read: FED) buying every treasury in sight. THere's zero market for debt at these prices. And so goes the US (and global economy) - into that great depression that's so feared. No, short bonds isn't the play. Bernacke owns that market. The play is long commodities, real estate and some stocks versus the USD. Europe is going to shit and it's the same game. We're not playing one pair against the other. We're playing all fiat shit money against commodities, gold and real estate. Printing or a deflationary nuclear bomb is the only way out. BubbleBen wrote his thesis on preventing a second great depression. He's an avowed Keynesian. A money printer. All the central bankers of the world are!! Tarp 1 and 2, Maiden Lane 1, 2,3, QE 1, 2, 3. What does the writing on the wall say? All Gross said is we're fucked, and we are. There isn't much time left. Maybe a few years. Politically, Washington handed itself martial law powers. Think about it. They know whats coming down the pipeline. US Army Manuals were leaked that detail operational procedure for internment camps of US citizens, in America!!!! The NDAA authorizes indefinite military imprisonment of US citizens with no lawyer or trial. The Federal Appeals Court upheld it!! 50% of Americans are on some type of Government handout. 45 million on foodstamps. What happens when that SS cheque, medicare stipend, food voucher and housing credit only goes half as far? What happens when most of the labor force see their purchasing power cut by 30 or 40%, in a month? What happens to consumption? Output? GDP? Do the math. This isn't a bump in the road. This is Argentina. First world to Second world in a few months. With a shitload of gun-toting mutherfuckers tripping cause they can't make their grocery bill with a hungry, scared family at home. And they know they've been fucked. Anyhow. GOOD LUCK."


the above is courtesy of achilles28
http://www.elitetrader.com/vb/showthread.php?s=&postid=3646864#post3646864
 
can he save Argentina? if he can he is truly is a man of god.

VATICAN CITY (AP) — Argentine Jorge Bergoglio has been elected pope, the first ever from the Americas and the first from outside Europe in more than a millennium. He chose the name Pope Francis.

After announcing "Habemus Papum" — "We have a pope!" — a cardinal standing on the balcony of St. Peter's Basilica on Wednesday revealed the identity of the new pontiff, using his Latin name. Bergoglio had reportedly finished second in the 2005 conclave that produced Benedict XVI — who last month became the first pope to resign in 600 years.

The 76-year-old archbishop of Buenos Aires has spent nearly his entire career at home in Argentina, overseeing churches and shoe-leather priests.
 
Quote from zdreg:

the article draws threatening parallels for Greece with Argentinian crisis 10 years ago

http://www.telegraph.co.uk/finance/...-of-Greece.html

the US is headed towards the same path.
More...

It is possible that the US follows different laws. Maybe at the same time try to compare it to other core economies.

Other economies are integrated with the USA, they are similar to one another. They buy in USD and sell in USD. in-between they print what they like.

Inflation needs to also be studied, I am seeing that is my not be as clear as one likes it to be. Certain things have inflation while others don't. that is the problem. Inflation is fine if my pay goes up too.

The US is the owner of the system god forbid you go against that. You will pay the price, the amount of dollars owed or printed to slap people on the hand is not the issue. Failure occurs not when the dollar falls of there is inflation or what ever. Money is made in that situation.

The failure is only when the us is no longer the ones in charge. the numbers, like price some say, is just a destraction. We solved the issue with numbers long ago when we allowed the use of negative numbers.
We even dressed it up by removing the -. now going in the negative slower then before is a positive.
 
"Inflation is fine if my pay goes up too."
anything you have to say falls on this one sentence. when you have high inflation people spend their energy on trying to game the system and not on being productive. if you lose your job or have your hours reduced your savings, your backup, will not suffice in high inflation.

bone up on the subject.
 
damit bro.. i wrote a f** novel or noun.. trying to share with you,but your box is full (as usual)..can you delete some of the s** in you PM?

Thank you!
 
You must log in or register to reply here.
Back
Top