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


To: TobagoJack who wrote (85677)1/8/2012 6:48:46 PM
From: Box-By-The-Riviera™  Read Replies (2) | Respond to of 218089
 
hilarious.

soon the rich will be arms funding the 99% to overthrow those seeking the wealth of the 1%, at which time, the 99% get the 1% still in charge, as it where, of the charge cards anyway.

one must find a place where in the next say 25 years..... this game has yet to develop. iow, a great place to both invest, and reside.



To: TobagoJack who wrote (85677)1/9/2012 3:59:56 AM
From: elmatador  Respond to of 218089
 
A fiat currency needs an economy underlying its value. Once there's no economy underlying the value of this currency, it goes down vis a vis other currencies that have an economic activity underlying its value.

What's happening with the Euro, USD and YEN is that those currencies lost the economies underlying their value. They tried to sustain value based on a market for them, i.e., other countries were accumulating those currencies as foreign reserves. They have been safe based on the fact that there is no alternative as a foreign reserve currency.