SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Dutch Central Bank Sale Announcement Imminent?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sea_urchin who wrote (25687)8/11/2007 2:19:56 AM
From: Jamey  Read Replies (1) of 81105
 
We are now a nation that has been ran for too long by big money and elitism. The middle class was once the strength and backbone of the country. I see a definite split as we are becoming rich versus poor. The credit cards are maxed out, along with home equities. Now the FED, Wall Street and big banking can no longer depend on the citizenry to support their addiction to luxery and greed. Russia, Japan, Argentina and the Middle East are backing out on the $USD so all we can do is print money to buy our own bonds and treasury notes.

Once the $USD no longer is required to buy oil we can start singing "turn out the lights the parties over."

Unless some one starts pulling miracles out of the magicians hat we have no other recourse than to hyper inflate. Food and gas is already signaling it. Now wait until the banks start falling like dominoes. We don't really know just how bad things are going to get. Maybe Phil should start looking at the true financial picture in the USA. We are hated, despised and broke. No body likes war mongers and losers. Maybe shrub can find that 5 year promise for 1 trillion in deficit paybacks he promised in 2001. Right now, he's 3 trillion in the hole.

I forecast major changes in the USA. It will be a different world by 2010, imo.

By the way, read what Sinclair has posted on his web site. Very revealing about the importance of the liquitity injections the last two days.

"History is being made yesterday and today. It may well not be over even in this time span. The actions of Thursday and Friday are greater even than the Bernanke Helicopter Drop in the two day time period. This event will reverberate through the world financial market for years to come. This is only an indication of what will happen as all this economic sin, instant gratification, profit at any cost economy begins to unwind in the form of the Over The Counter Derivative implosion. Be careful here."

jsmineset.com

Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext