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


To: Giordano Bruno who wrote (87130)9/30/2007 8:58:27 PM
From: stan_hughes  Read Replies (1) | Respond to of 110194
 
Yeah, where existing USD notes become legal tender only inside the USA as of this morning's effective date of the President's Financial Emancipation Proclamation. Foreigners may exchange their now invalid "in-country only" dollars for new brightly coloured and therefore easily distinguishable "foreign holding" notes on a 1-for-100 basis, said right of conversion to expire in 30 days. As in that's the deal, take it or leave it, so let it be written, so let it be done.

Although repudiation of your debt by any other name is still repudiation of your debt, if somebody has a problem with this plan, they are first invited to express their views, and are then challenged to a missile count before further discussions take place.

Out of the question? No. But IMO if this gang had the cojones to pull something like that, they wouldn't have put themselves in the situation they're in now in the first place