what jim was trying to say was, i dont have the slightest fucking clue about anything that relates to this, but please keep having me here as i dont have anything else to do with my miserable and pathetic life. please!
Jim Rogers: S&P Could Go to 50,000 and DOW to 1 million
- Thread starter WallStWhizKid
- Start date
With these girls, it is easy
Let's not lose sight of the fact....
"Destroy $USD = BANKRUPTCY FOR NEALY ALL AMREICANS"...
good night story for shorts:
item x selling retail $100, bought wholesale $3.
People realising they been paying too much. Now prepared to pay max 20 for the same item. Assuming same amount of items needed as modesty, green stuff seem to be another trend in peoples heads now.
so far great.
=> original margin $97 will be now $17. margin $97 supported considerable % of population that would otherwise be unemployed.
To continue employment and avoid nasty stuff, governments - talking global here - must make sure now $17 margin has to support these same people.
But how ?
One quickly creates 6x amount of money in circulation and distributes to virtual shoppers.
By creating virtual shoppers - say computer programs buying online etc. As goods 'delivered' they destroyed and hopefully recycled as new items. In this case 6x more items sold, total margins keept at original rate.
magic ! Computers will pay people !!!
If effort is globally coordinated no too much ccy depreciation.
Everyone happy.
Thats why I will not short upmarket retail. I think 10 to 20 % borrowing of net worth is reasonable approach to benefit from this scenario and not risk too much if depression steps in.
item x selling retail $100, bought wholesale $3.
People realising they been paying too much. Now prepared to pay max 20 for the same item. Assuming same amount of items needed as modesty, green stuff seem to be another trend in peoples heads now.
so far great.
=> original margin $97 will be now $17. margin $97 supported considerable % of population that would otherwise be unemployed.
To continue employment and avoid nasty stuff, governments - talking global here - must make sure now $17 margin has to support these same people.
But how ?
One quickly creates 6x amount of money in circulation and distributes to virtual shoppers.
By creating virtual shoppers - say computer programs buying online etc. As goods 'delivered' they destroyed and hopefully recycled as new items. In this case 6x more items sold, total margins keept at original rate.
magic ! Computers will pay people !!!
If effort is globally coordinated no too much ccy depreciation.
Everyone happy.
Thats why I will not short upmarket retail. I think 10 to 20 % borrowing of net worth is reasonable approach to benefit from this scenario and not risk too much if depression steps in.
Quote from zdreg:
the goal of the obama administration is to destroy the dollar to advance their social agenda. conspiratorialists can debate who is controlling obama and what exactly is their social agenda.
Scataphagos
Let's not lose sight of the fact....
"Destroy $USD = BANKRUPTCY FOR NEALY ALL AMREICANS"...
exactly.
the elite only look out for themselves. they also have an innate desire to make serfs out of the rest of the people.
the goal of the obama administration is to destroy the dollar to advance their social agenda. conspiratorialists can debate who is controlling obama and what exactly is their social agenda.
Scataphagos
Let's not lose sight of the fact....
"Destroy $USD = BANKRUPTCY FOR NEALY ALL AMREICANS"...
exactly.
the elite only look out for themselves. they also have an innate desire to make serfs out of the rest of the people.
You are forgetting that many in the elite hold USD.