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To: Sidney Reilly who wrote (38893)	2/23/2005 9:23:13 PM
From: Jamey	Respond to of 39621

Sid, over 50% of our money supply is held by foreigners in central banks. China and Japan hold the destiny of our dollar. The only reason they continue to buy our notes is because they are hooked to America buying the cheap goods that they import to us. It cannot go on. Every FIAT system has always failed. When Nixon took us off the gold standard it provided the means for crooked politicians to print endless money backed up only by the good will of the US government. Our dollar has dropped in value over 30% over the last few years. Our deficit is around 7 trillion dollars. The imbalance is so great that the dollar will crash or we will refuse to honor foreign dept. Either way, inflation will take away any savings that you may have. The bubble in the housing market is going to burst in the next few years although all the major news outlets are lying through their teeth about the state of our economy. The only safe place is in owning things that have inherent value like silver or gold. We are in a war right now because politicians are able to print endless dollars without any backing. This crash will be worse,imo, if that is possible, than the crash of the 1930s. James

To: Sidney Reilly who wrote (38893)	2/23/2005 11:38:49 PM
From: Jamey	Respond to of 39621

"Dollar Crisis Evokes Panic Among World Financial Elite" A series of international conferences, starting with the Davos World Economic Forum, and extending into the United States, has led to the open airing of panic within the international financial elite. Top on the agenda is concern over the U.S. dollar, which declined about 30% between early 2002 and early 2004, but, equally importantly, the debt-drowned condition of the U.S. economy, which an increasing number of bankers believe cannot be sustained. <cut> larouchepub.com James