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

To: carranza2 who wrote (65728)	8/25/2010 9:15:03 AM
From: posthumousone	Respond to of 218191

hmmmm i wonder if wont be a weaker after shock...after all nothing has been solved....the can was just kicked down the road further.. the gov't did a trial run of rushing any bill through by tacking on the word crisis. they also proved they can bail out and print money without an uprising....the games continue

To: carranza2 who wrote (65728)	8/25/2010 9:18:14 AM
From: TobagoJack	1 Recommendation Read Replies (1) \| Respond to of 218191

in the times of defining events in argentina, about once every 10 years for the past hundred years, give or take, the government does several measures, progressively, in a calibrated fashion, and basically along the same script each and every sorry time, and they are: - borrow more from market - borrow from pension on voluntary basis - declare bank holiday - restrict daily withdraws - forced conversion of foreign currency deposits into domestic currency - forced conversion of domestic currency deposit over a certain limit into government debt - add zero to everything the government now controls, namely the debt and the currency in the case of the usa, its money being the reserve honcho supremo, the herds are now driven into the t-bills by astute policy and china figures, "this is no good, let me buy japanese and korean debt, so that i can at least claim the country when it all goes south, and let the japanese go load up on usa t-bills" the above script make sense to me, and the loading up of 3dotodd paper soon to have a zero appended makes no sense to me. at the sorrow and invariably sudden end, very few people are able to get out in time, by definition, because that which one wants to sell everyone want to sell, and that which one retreats into is more likely a trap than any way to salvation. as long as one knows full well one is playing in a casino, fine. but to believe that one can play inflationary east and deflationary west by loading up on long term t-bills would be arguable at best. then we must remember, of those few who manage to win in the casino, fewer still make it out of the parking lot.