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alstry (35.41)

Oil keeps going UP and UP and Up...

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November 07, 2010 – Comments (2)

Now over $87 and climbing.........dollar down again tonight.....

Why would anybody exchange a fungible commodity for a printed piece of paper?

It will be interesting....everything we do functions off of oil......and now that we are openly countfeiting currency......expect lots of pushback from people wanting to accept the dollar......

Germany: American growth model 'in deep crisis'...

as the rest of the world is acting responsibly......

India’s decision to tighten limits on home loans is boosting confidence that regulators are addressing asset bubbles, cutting the cost to protect bank debt from default and supporting a rally in government bonds.

and as the dollar continues to crash.....what options will we have.......

USA Senator Suggests Major Attack On Iran - Lindsey Graham

then what do you think oil will do?

2 Comments – Post Your Own

#1) On November 07, 2010 at 8:09 PM, Varchild2008 (85.29) wrote:

Germany, France, China, South Africa, Brittain...

The number of nations of the G20 / G21 technically  seems to be growing by the minute.

If the entire planet is screaming, "STOP THIS BENNY THE B,"
then maybe we should all be saying the same thing here?

I already have started my own campaign to get Benny the B fired.

P.S.  Apologize for using your coined nickname for Bernanke here but I like your nickname for him.

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#2) On November 07, 2010 at 8:28 PM, alstry (35.41) wrote:

My nicknames are for general consumption.....

What is amazing is how criminal our behavior is viewed around the world...yet most Americans have little understanding about the implications of outright monetizing the budget.....

it is nothing short of theft........

yet most prefer the word QE........why not call it what it is...counterfeiting?

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