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


To: TobagoJack who wrote (45416)1/18/2009 5:55:56 AM
From: elmatador  Read Replies (2) | Respond to of 217800
 
There were accomplices. They all ganged up in a scam conjured in Bretton Woods to the detriment of the rest of the world.

That should have unwinded Aug. 1972 when Nixon opted out the gold standard. It did not. The whole system was kept afloat by fleecing the rest of the world and creating bubbles.

Once globalization made goods and services free to move across borders, things started to go the other way. Europe recognized that by open borders within, creating its own currency as a counterweight the USD and agglutinated their border countries.

Bush, senior, wanted a similar thing called initiative for the Americas which was supposed to be a free market from Tierra Del Fuego to Snowshoe's door step in Alaska.

It did not fly. LATAM century old oligarchs conspired against it, fear of the sucking sound of jobs flocking south (Ross Perot) and the scam was too good to let others (beyond the G-7) in.

I have been watching this for my while adult life. It is not new for me. It is no surprise either. It was just going so slow, therefore I kept calling bring it in!

Finally the Great Unwinding is under way and things reassert themselves.