To: TobagoJack who wrote (70642 ) 10/25/2008 12:55:57 AM From: Maurice Winn 1 Recommendation Respond to of 74559 You are right TJ: <i think dollar collapse will be avoided this time, but we are being setup for the genuine crisis to take place within 3-10 years > That's my plan. It's lovely that we are in agreement. My Qi R&D has been in goofing off mode so I had better get back to work on it. It'll be a lot easier to be the Messiah when everything is primed and a Saviour is required. Battling against fiat currencies backed by foolish electorates is not a good idea. It is when they are panicking, looking for escape that the time will be nigh. At present, as you are seeing and suffering, Big Ben has lots of Deflationary ammunition to use up as the deleveraging of the debts is carried out. On the way up, Alan Greenspan KBE and Uncle Sam could make a fortune by monetizing the Made in China productivity bonus and Made in Cyberspace technological miracle and confiscate the profits by inflating the US$ without producing inflation as measured by price increases. On the way down, Big Ben and Uncle Sam can score big again by buying assets on the cheap using helicopter loads of fresh loot without causing inflation because the reserve ratios are imploding on the banks, heading them off at the pass. What a vast financial relativity theory swindle they have been able to work. As recovery proceeds, they'll be able to bank the profits just as Hong Kong did after buying the Hang Seng at about 6000 during the Asian Contagion. But after that, the USA will still need money to live in the manner to which they have become accustomed, creditors will be leery, pixelating more megabucks will be hyperinflationary, Made in China and Serviced in India will not be such supersonic bargains, taxes will not be sufficient... and it will be Game Over. People will get nervous. They'll start ducking and diving. Cash will be trash. Fiat fear will be endemic. Yen, Mark, Rupee, Kwai and Kiwi will be dodgy at best. Then things should get really interesting. I had better hurry up and get Qi ready to rumble. Meanwhile, zenbu.net.nz profits have reached another monthly all-time high as have revenues. Recession? Depression? What are those? All of the above assumes that governments do not do really dopey things in response to the minor glitches now worrying people. Nuclear war is NOT going to help. Nor will The End of Capitalism and growth of the kleptocratic class to regulate the financial system. Unfortunately, it seems that Helen Clark might just squeak back into power because so many productive people have fled the country that the bludgers are ascendant. A country run by and for bludgers is not going to do well compared with others. Mqurice