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.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (61727)4/11/2005 8:44:18 PM
From: Maurice Winn  Respond to of 74559
 
<I don't know whether change will come with a bang or a whimper, whether sooner or later. But as things stand, it is more likely than not that it will be financial crises rather than policy foresight that will force the change.>

TJ, since I am planning the demise of the world's currencies and to some extent the financial system, and replacement with a cyberspace currency realm, I agree with Paul V.

There are about $20 trillion of currencies to be converted to chaff some time in the next 20 years and perhaps $5 trillion in the next 5 years.

I'm hoping the transition will not be with a bang, or a whimper, but with a cheer. Though of course not from the current beneficiaries of the monetary manoeuvres by swarms of parasites from central bankers to exchange rate vultures and money moving mandarins.

The rest of us will be as pleased as when we gave up horse and gig and moved to zippy little fuel-injected electronically engine-managed computerized luxury mobiles. It's tough on the horse shoe makers, wheelwrights, stables and hay balers, but that's life in the fast lane. Luddites lose. Down with the industrial revolution and megalomaniacal nationalism. Hooray for cyberspacoids wielding CDMA phragmented photon cyberphones enjoying peace, light, harmony, happiness, health, prosperity, longevity, fun and love.

Mqurice



To: TobagoJack who wrote (61727)4/11/2005 9:16:48 PM
From: Snowshoe  Read Replies (1) | Respond to of 74559
 
Hey, TJ my mon! Wouldn't be fun to have Volcker back in charge at the Fed, cranking those rates back up to 18%? By golly, I'd be singing...

If you ever go down Trinidad
They make you feel so very glad
Calypso sing and make up rhyme
Guarantee you one real good time
Drinkin' rum and Coca-Cola,
go down Point Cumana
Both mother and daughter,
working for the Yankee dollar
Oh, beat it man, beat it.