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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: elmatador who wrote (57879)11/14/2009 6:33:15 PM
From: TobagoJack1 Recommendation  Read Replies (2) of 217618
 
the usa sacrificed itself for china

martin armstrong is correct that china could not have reformed and regrouped from its 400 years collapse as quickly had it not been for elastic usd global currency

important:
- the currency china worked for had to be elastic so that more was always on the way

- the currency china worked for, saved, invested, and spent had to be globally accepted, everywhere, so that it is in fact not just pieces of argentine paper

had china had to work for 149 different national currencies, big problems

had china had to work for gold and save gold, huge problems

it was fortunate that china had america to work with, a nation sporting a global currency, not that diligent, certainly not thrift, not that quick on the uptake, and willing to borrow to fill a large circumference and effectively bottomless void formed by seismic movement over 400 years in elapsed time and 1.3 billion weak

engaging with china as the 51st state enabled american spending on wonderful scale, and also helps to give rise to the new sovereign, so that the eventual darkest interregnum will be short, and teotwawki dawn to arrive sooner
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