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


To: Giordano Bruno who wrote (38710)5/29/2011 8:53:02 AM
From: John  Respond to of 71477
 
If you take a step back, and look at the big picture, you'll see that there are only three kinds of people in the world.

1. debt owners (tiny fraction)
2. responsible debtors (substantial minority)
3. irresponsible debtors (vast majority)

The debt owners control the world. The more debt they own, the stronger they are. The game with them is power, not wealth. Although wealth fuels their power, the generation of wealth is virtually automatic.

A debt owner does not care who owes the debt; responsible or irresponsible debtors. He simply wants everyone Earth to carry debt and make the interest payments. If an irresponsible debtor is unable to pay his interest, the debt owners simply force the responsible debtors to pay it through the selective application of laws.

That way, the irresponsible debtors can -- you guessed it! -- accrue more debt!

In fact, the debt owners benefit MORE from irresponsible debtors, with their excessive and constant spending, because such behavior generates MORE interest revenue that SOMEONE will pay.



To: Giordano Bruno who wrote (38710)5/29/2011 9:21:16 AM
From: ggersh  Read Replies (1) | Respond to of 71477
 
Emails are so yesterday.-g-

The International Monetary Fund denied reports that its review had found Greece had missed fiscal targets, Reuters said today, citing an e-mail from an IMF spokeswoman.