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


To: Giordano Bruno who wrote (32094)11/12/2010 11:46:52 PM
From: Real Man  Read Replies (2) | Respond to of 71452
 
Well, they will invite ex-Goldmanite to manage their Sovereign
Wealth fund.

There is no escape.

Got it? -g-

There is a second message also. In a financial crisis like
this one everybody is stiffed, although, certainly, some
more than others, and a few actually benefitted from
the crisis.

The vast majority in the US and elsewhere saw their wealth
diminished, whether that wealth was imaginary or real, large
or tiny, bankster related or not. A few people just learned
how to swim well in these turbulent waters, some just got
plain lucky. A few were crooks who are still at large.

There is an overall tendency toward violence in turbulent
times, namely, if wealth was there and is no longer there,
then it was "stolen" by some evil banksters or someone else.

Truth is, evil banksters were hit very hard by the chitwave
as well, and many still don't know what hit 'em. That's what
it truly was and is - a chitwave. Everybody is submerged,
with no exceptions. -g/ng-

And yes, 2008 was just the first chitwave, another one
is on the way!

Which is why... I am reluctant to blame and lynch
"the criminals".

Yes, the chitwave was caused by wrong policies that contributed
to huge debt and global trade imbalances. In particular,
both kicking the can (shortening recession by providing
fiscal stimulus without regard for it's consequences) and Greenspan put were quite instrumental in building these imbalances.



To: Giordano Bruno who wrote (32094)11/13/2010 12:03:28 AM
From: Real Man  Respond to of 71452
 
And they are kicking the can AGAIN!



To: Giordano Bruno who wrote (32094)11/13/2010 6:03:29 AM
From: Real Man  Read Replies (1) | Respond to of 71452
 
What say you happens to unemployment or the banking
system if we let JPM blow? Where would we be now if
Ben did let JPM blow back in 2008?

Don't know? Neither do I, and neither does Ben. Kick that can.