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


To: TobagoJack who wrote (42763)11/14/2008 8:04:57 PM
From: Step1  Respond to of 217818
 
Ok, so i understood well the first time... makes no difference in the big scheme of things, i used to make say 120,000 yen a week, now i make 1200 dollars (and if we add a zero to everything, nothing has changed, and my point remains how does that fix anything???), it is not the number of course but what it can buy so why are we paying (as taxpayers) all these shrimp and lobster dishes parties for the G20 and their cohorts for their big weekend bash and the best idea they are likely to come up with is to add a zero??? And yes you are right, all savers will be royally phucked and for the rest, the debtors, well, while it makes their debt affordable for the moment, you have just killed all trust and future business activity, so ... all clear as mud.

25 billion for the auto industry? P-R-O-T-E-C-T-I-O-N-I-S-M in disguise?

And why does anybody ever think that the US debt is ever going to be repaid? Would you keep loaning money to your brother in law who is a manic depressive compulsive buyer? And still do so when he hits 10 trillion with a T?

One day it is going to be every man for himself. End of rant.

step1



To: TobagoJack who wrote (42763)11/14/2008 11:40:51 PM
From: elmatador  Read Replies (2) | Respond to of 217818
 
TJ, if the worst recession since 1929 can't prop up gold, what will?



To: TobagoJack who wrote (42763)11/14/2008 11:49:06 PM
From: carranza2  Read Replies (2) | Respond to of 217818
 
Wanna have some fun?

Check out FAZ, a new 3x ultrashort financials ETF.