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


To: Maurice Winn who wrote (32583)4/8/2008 5:50:55 AM
From: Rolla Coasta  Read Replies (1) | Respond to of 219780
 
now you fear government, but i fear a bigger government who controls the money supply which could bankrupt the whole system .. un-intentionally mass murdering.



To: Maurice Winn who wrote (32583)4/8/2008 10:01:03 AM
From: Rolla Coasta  Read Replies (1) | Respond to of 219780
 
Mq, if you watch "Dirty Gold" episode in History Channel, China gold treasures were looted in WWII, and that stolen gold worth millions of USD in 1945 has never been returned to China for economic restoration in the next 60 years, but rather US might have recovered and helped themselves instead. The USD then became the world currency reserve, and printing money has been like there's no tomorrow with massive money supply to support economic expansion. China couldn't print more money to support any development in decades. Now, the US is probably in more deep hole with hyperinflation looming. Historians in the future will look back and say "what a turnaround in the 2000" ... China is now the emerging superpower and the US is trying to avoid falling into the third world nation with their massive amount of debt. Let's see what 2008 turns out to be for the USD. It is gonna be L-shape recession for sure.