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


To: carranza2 who wrote (57884)11/14/2009 6:42:12 PM
From: TobagoJack  Read Replies (1) | Respond to of 217617
 
japan has savings, and that fact may make a qualitative difference as its govt went about printing to, in truth, steal savings so as to enable job creation for the folks they stole from, making savers into poorer savers.

absent of savings, when officialdom do quantitative easing theft and concurrently do biorrow ad spend, turns savings-poor workers into debt-rich serfs.

as events are unfolding, it may well be that japan will retire poor, as its manufacturing becomes progressively irrelevant given the changing circumstances, and its internal economy is stuck on very expensive fruits and very weird men

quantitative easing is theft, full stop.

i also like hendry, i think his humor is great.

i suppose the japanese govt can well allow a major utility to go bk when it believes bk is expedient, popular, and allows major theft from creditors, even as the assets are stationary and can be operated as before the day after bk.

what happens to gold, in case of anything i am not sure. gold will absolutely do well when folks lose faith in politicians, and that, to me, is a good wager.