To: pater tenebrarum who wrote (55212 ) 6/26/2000 11:22:00 PM From: d:oug Read Replies (2) | Respond to of 116762
hb, Once again i thank you for posting the url. Resistance in Latin America: Against the USA fiat dollar...plata.com.mx Even as one who is 100% Polish, I could not locate the country Poland on a map of Europe if only the boarders were present without the name tags. Infact I do not know which nations make up that group called Europe. For example I'm sure France and Germany are in, but Denmark and Switerland may not be, and the Balkan place I know not. So Latin America to me is foggy, as Mexico may or may not be in it. Along this line of disclosure, <<... buy up US assets, i.e. stocks and bonds. if the bubble, and with it the dollar, goes to hell in a handbasket you at least own claims on US based businesses ....better than just green paper of which more gets printed at the drop of a hat.>> i am confused as i thought that years ago when Japan had too much money to spend and brought lots of USA land and buildings that over time they lost money. Question to ask if would they have been better buying US dollars. Since i'm clueless in this area my question may be invalid, aka dumb. Your comments on that article are very good ones that can be discussed on this thread, and i would like to suggest that Ron Reece comment on your post so that i can get a sense of where Ron's own personal thoughts are. My thoughts on that article were not of the type you touched upon, as i was more lower level at the place of where cause and effect of how the situation came to be to cause such concerns to exist, rather than a discussion of what to now do to correct a situation. Mine thoughts are more of a type to predict outcomes of certain solutions that can be tried based on how "we got here". Not to be done, but to me someone from Latin America could use that article and start a new SI thread for discussions on how the USA superpower effect of economy and military changes thru force and intimidation for better or worst, and what can be done to counter it or increase it if a good. No sure but i think Spanish is the language and i know that there is an SI thread that when i visited long ago was all written in French and i think it was French Canadian that was mentioned as being the posters. Just a thought, but if there is an SI thread dedicated towards Latin America then I would expect that article to have already been discussed in detail. In another post i believe you mentioned in regard to the fact that the USA can create dollars out of paper and ink at will without concerns about matching real goods to it since the US dollar is the best of the lot on planet earth to represent that thing called reserve something. <<...like the ultimate free lunch - the only problem i have is that i always thought there is no free lunch, but hey, there it is...-g->> I think it was that fame.org Dr. Parker & Jay Taylor interview that mentioned that when one has too much power, that it is too easy to use it and abuse it. So most likely those articles at the Le Metropole Cafe will come to be true, and Lunch may be Free to the USA, but it will "...end badly." Once I walked into this diner and discovered that for an extra $3 i could eat at the "All You Want" buffet rather than the chosen single serving dinner. Seemed like a good thing as the buffet not only had the food type i wanted, but also other food type i would have picked as another dinner visit. So there i was, $8 for the specific meal i decided on, and only $3 for the other meal dinner, and for no extra cash the food on what would have been my third dinner. So ate i did, all 3 and as the commercial said "I can't believe i ate the whole 3 things." But i did, and yes it ended badly, as once again "too much is never enough" sometimes is not true. But i had the power, for only $3, and i abused it. Just like the USA has the power to create dollars, its being abused, and will end badly, making the free lunch not really free of later trouble. Sometime Free means, don't pay now, but later. doug