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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: gregor_us who wrote (23801)	10/23/2009 8:24:13 AM
From: DebtBomb	Respond to of 71407

Yep....ben will do anything for his banker buddies....even print into peak-oil. Nice article, thanks.

To: gregor_us who wrote (23801)	10/23/2009 9:46:12 AM
From: DebtBomb	4 Recommendations Respond to of 71407

Just imagine what we could have done with the trillions and trillions of dollars they have pissed away. They pissed it away on Iraq, Afghanistan, dotcom bubble, housing bubble, bailout bubble. We had a surplus and they pissed it all away. Now, all you see in the news is: Empire dead Dollar collapse Zimbabwe The end of america Economic depression Bankrupt nation America leaves it's children and grandchildren with massive debt burden and no future Interest alone on national debt will begin to be a drag on GDP America will split up like the former Soviet Union We could have preserved the nation and developed alternative energy with all of the trillions they pissed away.

To: gregor_us who wrote (23801)	1/18/2010 7:31:52 AM
From: axial	1 Recommendation Respond to of 71407

Re: "Printing into Peak Oil" "It appears to me that Saudi Arabia - its participation is essential - could currently be playing the role of a central bank whose currency is crude oil, backed by the country's reserves of crude oil in the ground. Through extremely opaque market interventions by investment banking intermediaries, they could lend oil to the market - financial oil leasing - against dollar loans from investors in oil, and buy back their forward sales of crude oil in order to support the oil price within their chosen parameters. The outcome - which has the effect of monetizing oil in the ground - is very similar to the way in which some governments maintain their currency more or less pegged to the US dollar and illustrates the reality that oil is not priced in dollars: dollars are priced in oil." Message 26252776 Jim