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alstry (35.03)

MOAP HAS ARRIVED!!!!!....just a few days late

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October 06, 2009 – Comments (13)

The United Nations called on Tuesday for a new global reserve currency to end dollar supremacy which has allowed the United States the "privilege" of building a huge trade deficit.

"Important progress in managing imbalances can be made by reducing the reserve currency country?s 'privilege' to run external deficits in order to provide international liquidity," UN undersecretary-general for economic and social affairs, Sha Zukang, said.

http://www.breitbart.com/article.php?id=CNG.e272eaa74dccc30f21c6ff7638b0f37b.461&show_article=1

The only reason America has been allowed to run such massive deficits for the past year is because our dollar was the reserve currency....but as I warned, you can simply not print massive amounts of currency without legal consequences......otherwise every nation in the world would print away and money would have no scarcity.

I warned you this day would come....and now it is here....gold is screaming it at the top of its lungs.

Once the dollar loses reserve status, we will simply not be able to print and write welfare checks, or social security checks, or purchase foreign oil......we will be limited to what we earn and what we can borrow.

It will likely be the most convulsive change in American Economic history.....not the end of the world, simply a massive change.  Sometimes, responsiblity requires discomfort....no pain no gain.....and now we are about to FEEL!!!!!!!!!!!!

Our other option of course is to go to war.....that way we could take the treasure of foreign nations to support out citizens.....the problem with that is that there is few nations out there with enough treasure to support our massive economy....consequently, unless we are ready to take on the world.....we Americans might be forced to learn what it is like to live responsibly.....and it will be a very different life than all of us have become accustomed to living......

Revenues have now reached critically low levels in many industries.....many companies are surviving not because of sales and cash flow, but simply from borrowing money.....the U.S. Government and many state and local governments are not much different......

It is now time to feel MOAP.....and you are prepared courtesy of Alstrynomics.

13 Comments – Post Your Own

#1) On October 06, 2009 at 4:18 PM, alstry (35.03) wrote:

When bankers cut off credit...a nation dependent on credit simply shuts down:

SAN FRANCISCO (MarketWatch) -- Sunoco Inc. said late Tuesday it was cutting its quarterly dividend in half and idling its Eagle Point refinery in Westville, N.J., because of because of poor margins in the face of weak fuel demand and growing competition from refineries overseas. About 400 employees will be furloughed because of the idled refinery.

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#2) On October 06, 2009 at 4:33 PM, jddubya (61.66) wrote:

If you have to tell us that MOAP has arrived... then it really hasn't.

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#3) On October 06, 2009 at 4:38 PM, brickcityman (< 20) wrote:

That's it?  An organization whose only recent accomplishment has been to serve as cannon fodder for insurgents makes a non-binding pronouncement and thats it?  Thats the MOAP?

 

Alstry, I knew you were full of it when you responded to my query about how to "PREPARE"...  But man o man I think you may have just let down a bunch of people.

 

 

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#4) On October 06, 2009 at 4:47 PM, mawnck (< 20) wrote:

I'm sure gold being up 25 bucks an ounce today has a bit to do with it as well.

I think he's calling it a bit prematurely myself, but I have to agree with the guy in the Titanic's watchtower ... why yes, it DOES look like an iceberg.

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#5) On October 06, 2009 at 4:57 PM, Teacherman1 (62.19) wrote:

Which part of the United Nations did that? The part that is against everything the U.S. does except provide them with an exhorbitant salary and cozy accomodations?

Non-News     Just noise.

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#6) On October 06, 2009 at 5:04 PM, alstry (35.03) wrote:

It is funny...none of you comment about the systematically eroding revenues......revenues that are contracting week after week month after month.....or the massive numbers of jobs that have been cut, or about to be cut, or the wages slashed, or the workers furloughed, or the rapidly rising vacancy rates, or foreclosures, or bankruptcies....it is all there for you to see and Alstry to document...

I know my blogs seem repetative,.,,but each are replete with factual evidence of the deteriorating condition of our economy while many try to spin improvement.....I look forward to the Anti Alstry...but is mathematically improbable....because the facts are the facts.

It maybe noise or maybe MOAP......if there is a major convulsive event in the next few days, it may be coincidence or maybe not.....

either way, you were provided a heads up by Alstrydomous....the oracle of CAPS.

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#7) On October 06, 2009 at 5:09 PM, mawnck (< 20) wrote:

--none of you comment about the systematically eroding revenues--

But alstry ... that's not what this particular post of yours is about. We're just commenting on the topic at hand.

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#8) On October 06, 2009 at 5:57 PM, jddubya (61.66) wrote:

"either way, you were provided a heads up by Alstrydomous....the oracle of CAPS."

 

LOL

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#9) On October 06, 2009 at 8:36 PM, cthomas1017 (77.02) wrote:

alstry was wrong.  Nothing can change that.  alstry made a commitment if he was wrong.  A man is only as good as his word and alstry has demonstrated that his word is worthless.

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#10) On October 06, 2009 at 8:54 PM, Starfirenv (< 20) wrote:

Zero cred.  He can't name one thing called correctly. The self proclaimed "Oracle of CAPS" ????? Man up!!!!!!!!!!!!!!!!!!!!
I stand by my call--Zombulation on 10.31 and if  not I will drift into etherland, and I WILL keep MY word!!!!!!!!!!!!!!

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#11) On October 06, 2009 at 9:04 PM, jddubya (61.66) wrote:

"I warned you this day would come....and now it is here....gold is screaming it at the top of its lungs."

LOL

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#12) On October 06, 2009 at 10:58 PM, alstry (35.03) wrote:

fwiw, MOAP occured in 9.09...actually a long time before that.....it is just that you knew or should have known it by 9.09 with it was reported that the FDIC, FHA, and Pension Guaranty all out of money.

Soon you will Feel the effect..........as most things in America are out of money or simply depend on credit extension to survive......

As extend and pretend comes to an end with the end of the Dollar's rule as reserve currency......the impact will be remarkable for all concerned.

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#13) On October 06, 2009 at 11:16 PM, Starfirenv (< 20) wrote:

"As extend and pretend comes to an end . .."
NAME ONE THING!!!!!!!!!!   MAN UP!!!!!!!!!!!! ZERO CRED!!!!
Dark snippets, nothing more. PREPARE for Zombulation on 10.31.

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