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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: clochard who wrote (107426)	2/21/2010 4:17:55 AM
From: Skeeter Bug	1 Recommendation Respond to of 110194

>>That all depends on whether the Dollar (and the U.S.A.) are too big too fail, and whether other currencies are better or not.<< in the short to medium term, this is likely correct. in the long term, the well place debt WMD will implode them all. by design. the monetary system is a debt based WMD ponzi scheme BY DESIGN. the oligarchs are too big to fail and the debt they placed on america will ensure its eventual failure. you can pretty much deduce who will be master and who will be slave, no? our historically brief departure from feudalism didn't please those who deem themselves feudal lords. >>The euro seems to show a few cracks. Who knows what China is up to. Its a cartel of the goliaths.<< yes, and they aren't playing too well right now. tensions are on the rise, and the collapse hasn't even happened in earnest just yet. >>The housing bubble was caused by people trying to get rich avoiding the stock market goliaths,<< you've missed the root cause of the crisis. home buyers don't dictate housing prices, bankers do. you can want to pay twice what a house is worth all you want, but if you can't get the loan... not gonna happen. the bankers set out to make $100s of billions giving, repackaging, falsely rating and selling securities to suckers. oh, let's not forget they shorted investments they sold as AAA. the american people weren't sophisticated enough to not fall into the artificially low interest rate environment and the nonexistent loan requirements and will pay dearly. the criminals behind the crimes, though, just sucked out 1% of GDP as bonuses and have secured almost $30 trillion in treasury wealthy to prop up their government controlling criminal cartel. >>so bucking the system isn't such a great idea either. Building wealth isn't a matter of saving money because it robs the economy of liquidity, according to:<< this makes no sense to me. savings has to exist in order to invest, no? before going there, though, we need to disconnect the nation's money supply from debt. there is no reason to tie the nation's money supply to debt. why should a private bank effectively for taxing the money supply every year? it doesn't, but they've bribed government to let it go on to the serious detriment of society.