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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (15371)	3/14/2007 4:30:42 PM
From: maceng2	Respond to of 218584

Lyndon LaRouch is many things besides being an economist. (I realise you must already know this, just stating it for others to read) Presidential candidate, ex-commie, conspiracy theorist, and ex-jailbird. en.wikipedia.org Considering how he started, and the setbacks he has encountered, he still has a big following and lots of political clout. I wouldn't take much notice of what he says though. Even I would classify him as a nutter. /edit oh yes re... London has played a key role in triggering the carry trade reversal, and potential dollar collapse, in a possible repeat of Harold Wilson's British government's role in using a 1966-67 pound sterling crisis to destroy FDR's post-war Bretton Woods system. In the five days preceding the Bank of Japan move, Bank of England governors Mervyn King and David Blanchflower both made public statements that the British pound was overvalued and should fall—and it has fallen most rapidly against the yen. In the huge growth of central banks' currency reserves since 2001, the British pound has benefitted most from outflows from the Japanese yen; and London is in a position to play the game of reversing that flow—and sinking the dollar with it—to gain political control over a global financial crash. I forgot to add he is profoundly anti British. Foaming at the mouth crazy in fact. I discovered La Rouche in the USA just looking at a calander made by his organisation. I thought he must be Irish or something at first -g-

To: energyplay who wrote (15371)	3/14/2007 6:55:00 PM
From: TobagoJack	Read Replies (2) \| Respond to of 218584

i wait for your answer, and will look tonight at the beast thanks, j

To: energyplay who wrote (15371)	3/14/2007 11:28:24 PM
From: elmatador	Respond to of 218584

"economic collapse since the 1980s" Exactly like Elmat does since 1986 to be precise. The time I saw Germany and Canada, I told myself: "This is not sustainable." It is amazing, how resilient the system was to have survived as it did. Thus today I add the time dimension. For I know now that the system has forces to mobilize to keep itself alive. Give you an example: if kept as it was Europe would have joined the third world by the mid 90's. But they had Europe 1992, which remove barriers and removed ineficiencies. They went from 12 to 25 countries, thus adding markets and removing competion with lower wages. They farmed out industries to China and got rid of what they could not compete. And since they are already built, they don't need to build anything new, the money they have can be consumed. As you can see they can always borrow some time. That's why I explain the lack of a kaboom a la TJ.