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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (56603)3/23/2006 1:41:28 AM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
... and here I was, thinking the US financiers would welcome a Yuan float so that the US will blowup and hoping to pick up the pieces :0)

We can safely bet that somebody will blowup. The excitement is the uncertainty of who will not blowup.


Exactly.
The only problem is timing it.
This really could go on for years.
I just doubt it and I also sure hope not.

Mish



To: TobagoJack who wrote (56603)3/23/2006 3:54:19 AM
From: shades  Read Replies (1) | Respond to of 110194
 
Why not Both - pigmen of china and usa are going to blow up the poor and stupid in both countries and pick up the pieces globally?

I think of a british lord back in the day saying hmm, do I want to get rich off of africa, south america, india, china, usa, canada, australia - fugg it - I will make my fortunes off ALL those losers. Why choose? You know trump wants to take all those losers on his current show and say - you all SUCK - you are all FIRED!

We can safely bet that somebody will blowup. The excitement is the uncertainty of who will not blowup.

iratecinemaunderground.com

Chen it is so easy - how do I make it simpler for you - who blows up in this picture - the 40 ton armor plated tank or the 140lb bag of shit and water surrounded by soft flesh throwing a rock?

Hasn't the imploding economies all over the world been because they do not have the worlds reserve currency - and the big countries have been exporting thier blowups - everything I have read by the rothbard types is that everywhere will blow up - but the USA will blow up last - you save the best for last no?

One big problem i have with Chromatic Dispersion and his rothbard analysis is that Japan did NOT get rid of stuff - they STILL have the bad loans on the books - just like fannie mae - you just wave the accounting wand and VOILA - problem solved. They haven't written off thier bad debt. Maybe they never will. 2 million years from now there will be some accounting entry for japanese debt that never got wrote off in the united federation of planets. 3 million years after that fannie mae still employs thousands of galaxies to analyze and sort through thier mess of accounting - never writing it off or closing out the bad stuff.

Message 22259894

Why the hell should we care anyway? Screw those losers.

When lending institution goes into crisis they must get rid of assets in order to maintain their fractional reserve. This means that they must shed corporate bonds, stocks, and other assets. They are also likely to not honor their debt with other banks throwing these banks into crisis.

THEY MUST? WHY MUST THEY? Who has a TANK pointing at the head of all the dilbert finance guys saying WRITE IT OFF or your head goes BOOM!??

hicom.net

Until that day happens, I don't see why they MUST be HONEST, why japan MUST write off the bad debt, why Fannie Mae MUST give us clean books. A few months back on COST OF FREEDOM - Jimmy rogers little bowtie was spinning 1000rpm's he was so mad Fannie Mae can get away with the crookedness!! He said THEY MUST comply - but I don't see them complying - maybe Jimmy Rogers needs to get him a 40 ton tank and ride over to the fannie mae offices? Then those dilbert boys might feel they MUST comply - HAHA.

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