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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST

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To: TobagoJack who wrote (21599)8/25/2007 3:16:44 PM
From: Maurice Winn  Read Replies (1) of 217901
 
... ban off/ The instant this happens, I shall dial 0 800 GET ME OUT, then 111 'SAVE ME'. < it's time for Congress to remake the Federal Reserve System into something democratic, open, and accountable, or to reclaim the monetary power itself.>

If Helicopter Ben is left in charge, it's possible that financial relativity theory will do as was done in the Biotelecosmictechdot.com bust = accelerate the financial system nearer the speed of light, which shrinks the dollar further, while taking more financial energy to do it.

There is a bigger debt with much bigger global financial engines as China has grown 10% a year for another 7 years and everywhere has grown too. [Don't count Zimbabwe]. So there will be a LOT more fun and a lot more fuel poured into the phragmented photon powered financial engines.

It's traditional to rob savers and holders of currency units to bail out the politically powerful and greedily indebted. Heck, it's traditional to confiscate everything. See Zimbabwe as an example of what USA electorates are likely to think is a good idea when push comes to shove and their house and SUV are being sold to me for nickels on the dollar.

Of course, even though their houses are cheap, I might not want to buy them as swarms of angry, hungry and newly-slender gun-MAD people roaming the dry climate of California looking for food and defending "their" property, could reduce my life expectancy./ban on...

That is of course a worst case scenario. Not worst really because they could start a MAD war with Russia and China and even France and vast nuclear annihilation is possible. Nuclear weapons, rockets, ships and submarines have been built with the intention of using them. They were NOT built with fake GPS systems.

With luck, there will simply be repricing, redeployment of employees, reduction of borrow, hope and spend and everyone will get back to living happily ever after cerfing cyberspace in their swanky new CDMA-powered phragmented photon cyberphones. Renting or paying a bigger mortgage is much the same. It's just the name on the title which changes.

Helicopters have been launched, cash is being tossed into the financial maelstrom.

Mqurice
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