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alstry (35.41)

The Most Dangerous Time In World History...

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October 09, 2010 – Comments (10)

Finance leaders fail to resolve currency dispute

Global finance leaders have failed to resolve deep differences that are threatening the outbreak of a full-blown currency war.

HOW DO YOU VALUE A CURRENCY WHEN THE UNDERLYING ECONOMY IS NOT BASED ON PRODUCTION BUT RATHER HAND OUTS.......?

GOOD LUCK WITH GOLD....SILVER IS SILLY IN A DIGITAL WORLD.....AND CURRENCY, NOT A CHANCE......

AND THE SHEEP ARE WATCHING THE TICKER WHICH IS SIMPLY BLINKING LIGHTS AND HANDOUTS TO INSOLVENT COMPANIES.....

 

10 Comments – Post Your Own

#1) On October 09, 2010 at 4:29 PM, alstry (35.41) wrote:

A sign of the times.....

Dying communities see salvation in opening of new prisons

http://rds.yahoo.com/_ylt=A0oG7kyB0LBMzMAAT7JXNyoA;_ylu=X3oDMTEyanRsYnVrBHNlYwNzcgRwb3MDMQRjb2xvA2FjMgR2dGlkA0RGRDVfOTk-/SIG=12jpg4htv/EXP=1286742529/**http%3a//news.yahoo.com/s/ap/20101009/ap_on_bi_ge/us_prison_hopes

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#2) On October 09, 2010 at 4:29 PM, oshiri (< 20) wrote:

Sempai Alstrymous . . .

     Dunno if you saw this, but there was an eye-opening editorial on Friday in the Wall Street Journal by Chinese professor Dee Woo. It was titled "The U.S. will Lose a China Trade War."  http://online.wsj.com/article/SB10001424052748703843804575534423508502744.html

     The professor points out that the U.S. is but a few degrees from a Greek-style crisis, "If the Chinese start to believe that it's just unless paper, that will be very bad news for America."

     Keep in mind that China doesn't have to fire a single shot in the currency war. They only need to cut-off credit to the U.S., just like the banks have done to our citizens, and then we'll see who gets foreclosed on.

      And the longwools send the ticker above 11,000???

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#3) On October 09, 2010 at 4:43 PM, alstry (35.41) wrote:

Oshi...

The Chinese have already cut us off of credit....the current credit being extended America is NOT from Chinia....it is us giving it to ourselves by our government "loaning" insolvent banks money for free and they loaning it right back to us....at a much higher interest rate of course.

Do you really think China has the money to fund a $1.5 trillion dollar ANNUAL deficit?  In the past 2000 years...the total Chinese ownership and accumulation of U.S. Federal debt is LESS than $1 trillion dollars....and shrinking.

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#4) On October 09, 2010 at 4:45 PM, goalie37 (91.59) wrote:

Alstry, I do agree that civilization is in a period of transition, as you call it "The Digital Age."  But it seems to me that in any period of great change, some people will benefit greatly.  What are your ideas on how an individual can profit? 

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#5) On October 09, 2010 at 4:51 PM, alstry (35.41) wrote:

It all depends on the path to transition.......that is why dispensing advice in the current environment is so difficult....throw in the fraud and it is practically mathematically impossible.

When Buffett is no longer Buffett....investing is no longer investing....

Wells Fargo: No Halt to Foreclosures

vs.

Gonzalo Lira On The Coming Middle-Class Anarchy

 

AND BUFFETT KNOWS THAT THE SYSTEM IS ABOUT TO IMPLODE...OTHERWISE HE WOULD BE VOICING CONCERNS ABOUT THE DEBT, FRAUD, AND EXCESSIVE EXECUTIVE COMPENSATION....BUFFETT NO LONGER CARES ABOUT THE SYSTEM....HE KNOWS IT IS ABOUT OVER

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#6) On October 09, 2010 at 4:55 PM, oshiri (< 20) wrote:

Comrade . . . 

     You must not forget the fig-leaf of legitimacy that China gives the U.S. Dollar simply by purchase even one treasury bond. The house of sheep dip implodes the moment China declares they no longer have confidence in the U.S. Dollars.

      They are just waiting for the most auspicious occasion to barbecue lamb kabobs.

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#7) On October 09, 2010 at 5:01 PM, alstry (35.41) wrote:

Oshi...

From a fundemental perspective...I really don't think China is much better off than we are....

They too are beneficiaries of our Ponzie scheme and willing participants exchanging their plastic toys for our money.....and not to mention issuing a bunch of debt themselves....

In the end, the world is one big welfare recipient of debt with little production backing it, at least equitably backing it......and now the money that the nations are arguing about is impossible to value.....all currencies......we are ripe for a conflict of one sort or another...

I told you when we met face to face...the world would collapse together and at one time..... and that will be the event people look back on ushering us into the Digital Age...but we woulda known it happened on 9.09

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#8) On October 09, 2010 at 5:16 PM, oshiri (< 20) wrote:

Who controls the Internet Sempai?

Then please consider that almost 60% of the Chinese are still rural workers living off the land.

The collapse and Digital Age will be uneven and affect civilizations accordingly. One must not paint with a broad brush.

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#9) On October 09, 2010 at 5:24 PM, alstry (35.41) wrote:

Oshi...we could all go back and live on the land.....but with Digital GPS farming...my guess is fewer will be feeding more in the next few years.....

Historically, man moves forward....not backward.

Plus when we bring peace to Africa....Africa alone has enough quality land to feed the entire earth.

THE REAL ISSUE FACING THE WORLD IS NOT FOOD, OR WATER, OR RARE EARTH METALS....IT IS HOW DO YOU ALLOCATE POWER AMONG THE VARIOUS PLAYERS...

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#10) On October 09, 2010 at 5:35 PM, BillyTG (29.21) wrote:

oshiri, I agree that China has already won. Anybody who knows anything about the military arts knows that China considers strategy over hundreds of years (not based on a 24 hour media cycle, or the next election). Single-party governments have major  advantages in pinpointing and acting upon priorities. They don't need any of that pesky debate or public opinion to get in the way of economic progress. Of course, they have other major problems. As an economic and military force, however, China knows what they are doing. Read The Art of War. It still applies, is taught in business schools, and I'm sure you can all guess where Sun Tzu, the alleged author, is from.

 

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