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


To: LTK007 who wrote (27035)2/13/2010 6:34:51 PM
From: RJA_7 Recommendations  Respond to of 71475
 
IMHO, more refreshingly straight talk here in one spot than I have heard in along time.

Perhaps he has little to loose at this point.

Eliot Spitzer: The Cataclysm of 2008-2009
Commonwealth Club

fora.tv



To: LTK007 who wrote (27035)2/17/2010 10:03:59 AM
From: DebtBomb2 Recommendations  Read Replies (1) | Respond to of 71475
 
It has been more than a year since all hell broke loose on Wall Street and, remarkably, almost nothing has been done to prevent all hell from breaking loose again.

In fact, close your eyes and you could be back in the wilds of 2007. Bankers are still making wild bets, still devising new derivatives, still piling on debt. The big banks have access to money almost as cheaply as in 2007, courtesy of the Fed, so bank profits are up and bonuses as generous as at the height of the boom.

csmonitor.com



To: LTK007 who wrote (27035)2/17/2010 7:33:04 PM
From: Skeeter Bug2 Recommendations  Respond to of 71475
 
OT, historically, the bankers play boom then bust. they get rich during the boom, the serfs get into debt and then they blow the economy up by sucking all the money out and then buy up assets on the cheap.

i see some signs this may well happen this time.

1. the fed says they will stop QE at the end of march. this is short term bad for government and society. but the banksters hold trillions in newly minted cash - as assets collapse, their wealth will *dramatically* increase. private bankers control money, not the government.

2. the fed talking heads are out saying it is now time to raise taxes (kills economy) and cut spending (kills economy) - a double whammy.

bloomberg.com

yes, the bankers allowed QE TO SAVE THE BANKS AND LOCK IN 1% OF GDP IN BONUSES! that game is done. will they QE to "save" anyone else? why? they loot everyone else, they don't save them.

the bankers have UNLIMITED fannie and freddie dumping rights - so does a housing implosion matter to them?

surely, obama's budgets are being used to lather up the inflationists... but is that by design? do the bankers want everyone to think inflation is coming so they can put on deflation positions on the cheap? if the bankers say NO to funding obama's pipe dream budget, what happens? the budget gets hacked by over a $1 trillion and the collapse is well under way.

that's my going theory right now. i'm not convinced of it, but I am thinking about putting on long term short positions soon. perhaps big ones.

we should know more by march. did i see rates rocket up today on the idea that the fed's QE won't be keeping them low in the near futures?

oh, and wouldn't banks like to receive about 3-4% more interest on their outstanding loans?

yes, this would mean the take down of the united states economy.

but isn't that good for bankers with trillions in minted cash? remember, they control the money, not the government.

this is the big play - the big looting expedition where america itself is on the looting block.

now, you ask, what about all the money the government owes?

once the banks own almost everything, they can just tell their puppet in charge to screw china and japan and, if they don't like it, send off all the unemployed, broke *ss, impoverished americans to go fight and die fighting china.

remember, over population is a big topic amongst the banker elite... they need a SOLUTION to that problem.

this is what i would probably do if i were a banker and wholesale evil - so i think it is on the table.

i think the people who see inflation coming think the government itself has control over itself and the money supply.

i argue they do not - private bankers do and, whatever happens, will be in the interests of private bankers.

buying assets for dirt cheap is in the interest of cash heavy banksters.
killing off millions of "cannon fodder that unfortunately inhabits the earth" is another big win for the banksters.

theworldchannel1.com