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March 25, 2009 at 10:08 AM #373427March 25, 2009 at 10:17 AM #372824
peterb
ParticipantChina is headed into deep doo doo. Civil unrest and riots. They were hugely leveraged for growth. now that’s gone. The PRC govt is going to be calling everyone and everything in the world as a scape goat. The natives are getting very restless. I would not take anything they say seriously. They’re stuck. They may eventually start some kind of war, though. Good for gold? Me thinks, yes.
March 25, 2009 at 10:17 AM #373106ParticipantChina is headed into deep doo doo. Civil unrest and riots. They were hugely leveraged for growth. now that’s gone. The PRC govt is going to be calling everyone and everything in the world as a scape goat. The natives are getting very restless. I would not take anything they say seriously. They’re stuck. They may eventually start some kind of war, though. Good for gold? Me thinks, yes.
March 25, 2009 at 10:17 AM #373280ParticipantChina is headed into deep doo doo. Civil unrest and riots. They were hugely leveraged for growth. now that’s gone. The PRC govt is going to be calling everyone and everything in the world as a scape goat. The natives are getting very restless. I would not take anything they say seriously. They’re stuck. They may eventually start some kind of war, though. Good for gold? Me thinks, yes.
March 25, 2009 at 10:17 AM #373324ParticipantChina is headed into deep doo doo. Civil unrest and riots. They were hugely leveraged for growth. now that’s gone. The PRC govt is going to be calling everyone and everything in the world as a scape goat. The natives are getting very restless. I would not take anything they say seriously. They’re stuck. They may eventually start some kind of war, though. Good for gold? Me thinks, yes.
March 25, 2009 at 10:17 AM #373437ParticipantChina is headed into deep doo doo. Civil unrest and riots. They were hugely leveraged for growth. now that’s gone. The PRC govt is going to be calling everyone and everything in the world as a scape goat. The natives are getting very restless. I would not take anything they say seriously. They’re stuck. They may eventually start some kind of war, though. Good for gold? Me thinks, yes.
March 25, 2009 at 11:23 AM #372854partypup
Participant[quote=Hatfield]Something else to keep in mind – it’s not just the US dollar that’s in peril. As f—-d as we are, Europe is in far, far worse shape. The Euro currency is in serious peril. Even the Swiss (the Swiss!) are debasing their currency. The dollar is strong right now only because the other major world currencies are in worse shape than we are. I interpret all of this is very bullish for gold. [/quote]
Hat, I keep hearing the same thing about Europe’s predicament, and I must confess that my knowledge is sparse here. But isn’t it the case that the ECB has chosen NOT to inflate it’s way out of this mess?
“EU presidency: US economic plans ‘a road to hell'”
http://www.google.com/hostednews/ap/article/ALeqM5iiXCmvt7Z8-97sodbSHsAd03V0AwD97540HG0
Granted, the whole world is in a world of s*** now, but am I missing something, or would people not gravitate to a currency that is not being debased as quickly as the dollar? I am not challenging you; I simply want to understand the thought process. I personally have come to suspect most of the information coming out of the U.S. mainstream media, and their goal in recent months seems to be aimed at trashing Europe with the “we suck, but they suck more” argument for supporting the dollar.
March 25, 2009 at 11:23 AM #373135Participant[quote=Hatfield]Something else to keep in mind – it’s not just the US dollar that’s in peril. As f—-d as we are, Europe is in far, far worse shape. The Euro currency is in serious peril. Even the Swiss (the Swiss!) are debasing their currency. The dollar is strong right now only because the other major world currencies are in worse shape than we are. I interpret all of this is very bullish for gold. [/quote]
Hat, I keep hearing the same thing about Europe’s predicament, and I must confess that my knowledge is sparse here. But isn’t it the case that the ECB has chosen NOT to inflate it’s way out of this mess?
“EU presidency: US economic plans ‘a road to hell'”
http://www.google.com/hostednews/ap/article/ALeqM5iiXCmvt7Z8-97sodbSHsAd03V0AwD97540HG0
Granted, the whole world is in a world of s*** now, but am I missing something, or would people not gravitate to a currency that is not being debased as quickly as the dollar? I am not challenging you; I simply want to understand the thought process. I personally have come to suspect most of the information coming out of the U.S. mainstream media, and their goal in recent months seems to be aimed at trashing Europe with the “we suck, but they suck more” argument for supporting the dollar.
March 25, 2009 at 11:23 AM #373310Participant[quote=Hatfield]Something else to keep in mind – it’s not just the US dollar that’s in peril. As f—-d as we are, Europe is in far, far worse shape. The Euro currency is in serious peril. Even the Swiss (the Swiss!) are debasing their currency. The dollar is strong right now only because the other major world currencies are in worse shape than we are. I interpret all of this is very bullish for gold. [/quote]
Hat, I keep hearing the same thing about Europe’s predicament, and I must confess that my knowledge is sparse here. But isn’t it the case that the ECB has chosen NOT to inflate it’s way out of this mess?
“EU presidency: US economic plans ‘a road to hell'”
http://www.google.com/hostednews/ap/article/ALeqM5iiXCmvt7Z8-97sodbSHsAd03V0AwD97540HG0
Granted, the whole world is in a world of s*** now, but am I missing something, or would people not gravitate to a currency that is not being debased as quickly as the dollar? I am not challenging you; I simply want to understand the thought process. I personally have come to suspect most of the information coming out of the U.S. mainstream media, and their goal in recent months seems to be aimed at trashing Europe with the “we suck, but they suck more” argument for supporting the dollar.
March 25, 2009 at 11:23 AM #373354Participant[quote=Hatfield]Something else to keep in mind – it’s not just the US dollar that’s in peril. As f—-d as we are, Europe is in far, far worse shape. The Euro currency is in serious peril. Even the Swiss (the Swiss!) are debasing their currency. The dollar is strong right now only because the other major world currencies are in worse shape than we are. I interpret all of this is very bullish for gold. [/quote]
Hat, I keep hearing the same thing about Europe’s predicament, and I must confess that my knowledge is sparse here. But isn’t it the case that the ECB has chosen NOT to inflate it’s way out of this mess?
“EU presidency: US economic plans ‘a road to hell'”
http://www.google.com/hostednews/ap/article/ALeqM5iiXCmvt7Z8-97sodbSHsAd03V0AwD97540HG0
Granted, the whole world is in a world of s*** now, but am I missing something, or would people not gravitate to a currency that is not being debased as quickly as the dollar? I am not challenging you; I simply want to understand the thought process. I personally have come to suspect most of the information coming out of the U.S. mainstream media, and their goal in recent months seems to be aimed at trashing Europe with the “we suck, but they suck more” argument for supporting the dollar.
March 25, 2009 at 11:23 AM #373467Participant[quote=Hatfield]Something else to keep in mind – it’s not just the US dollar that’s in peril. As f—-d as we are, Europe is in far, far worse shape. The Euro currency is in serious peril. Even the Swiss (the Swiss!) are debasing their currency. The dollar is strong right now only because the other major world currencies are in worse shape than we are. I interpret all of this is very bullish for gold. [/quote]
Hat, I keep hearing the same thing about Europe’s predicament, and I must confess that my knowledge is sparse here. But isn’t it the case that the ECB has chosen NOT to inflate it’s way out of this mess?
“EU presidency: US economic plans ‘a road to hell'”
http://www.google.com/hostednews/ap/article/ALeqM5iiXCmvt7Z8-97sodbSHsAd03V0AwD97540HG0
Granted, the whole world is in a world of s*** now, but am I missing something, or would people not gravitate to a currency that is not being debased as quickly as the dollar? I am not challenging you; I simply want to understand the thought process. I personally have come to suspect most of the information coming out of the U.S. mainstream media, and their goal in recent months seems to be aimed at trashing Europe with the “we suck, but they suck more” argument for supporting the dollar.
March 25, 2009 at 11:34 AM #372858SDEngineer
Participant[quote=partypup]
Hat, I keep hearing the same thing about Europe’s predicament, and I must confess that my knowledge is sparse here. But isn’t it the case that the ECB has chosen NOT to inflate it’s way out of this mess?
“EU presidency: US economic plans ‘a road to hell'”
http://www.google.com/hostednews/ap/article/ALeqM5iiXCmvt7Z8-97sodbSHsAd03V0AwD97540HG0
Granted, the whole world is in a world of s*** now, but am I missing something, or would people not gravitate to a currency that is not being debased as quickly as the dollar? I am not challenging you; I simply want to understand the thought process. I personally have come to suspect most of the information coming out of the U.S. mainstream media, and their goal in recent months seems to be aimed at trashing Europe with the “we suck, but they suck more” argument for supporting the dollar.[/quote]
Bear in mind that the President of the EU is a rotating assignment, not an elected one, and what that person says may not reflect “official opinion”. In this case, the Presidency just rotated to the Czechs – who’s government has just collapsed on a “no confidence” vote. I’d take with a very large grain of salt any economic advice he feels like dispensing (especially since it appears much of the rest of the EU is backpedaling from his assertions).
Europe is, in fact, trying to inflate their way out – just as we are. They simply have been trying to inflate less than we have.
March 25, 2009 at 11:34 AM #373141Participant[quote=partypup]
Hat, I keep hearing the same thing about Europe’s predicament, and I must confess that my knowledge is sparse here. But isn’t it the case that the ECB has chosen NOT to inflate it’s way out of this mess?
“EU presidency: US economic plans ‘a road to hell'”
http://www.google.com/hostednews/ap/article/ALeqM5iiXCmvt7Z8-97sodbSHsAd03V0AwD97540HG0
Granted, the whole world is in a world of s*** now, but am I missing something, or would people not gravitate to a currency that is not being debased as quickly as the dollar? I am not challenging you; I simply want to understand the thought process. I personally have come to suspect most of the information coming out of the U.S. mainstream media, and their goal in recent months seems to be aimed at trashing Europe with the “we suck, but they suck more” argument for supporting the dollar.[/quote]
Bear in mind that the President of the EU is a rotating assignment, not an elected one, and what that person says may not reflect “official opinion”. In this case, the Presidency just rotated to the Czechs – who’s government has just collapsed on a “no confidence” vote. I’d take with a very large grain of salt any economic advice he feels like dispensing (especially since it appears much of the rest of the EU is backpedaling from his assertions).
Europe is, in fact, trying to inflate their way out – just as we are. They simply have been trying to inflate less than we have.
March 25, 2009 at 11:34 AM #373315Participant[quote=partypup]
Hat, I keep hearing the same thing about Europe’s predicament, and I must confess that my knowledge is sparse here. But isn’t it the case that the ECB has chosen NOT to inflate it’s way out of this mess?
“EU presidency: US economic plans ‘a road to hell'”
http://www.google.com/hostednews/ap/article/ALeqM5iiXCmvt7Z8-97sodbSHsAd03V0AwD97540HG0
Granted, the whole world is in a world of s*** now, but am I missing something, or would people not gravitate to a currency that is not being debased as quickly as the dollar? I am not challenging you; I simply want to understand the thought process. I personally have come to suspect most of the information coming out of the U.S. mainstream media, and their goal in recent months seems to be aimed at trashing Europe with the “we suck, but they suck more” argument for supporting the dollar.[/quote]
Bear in mind that the President of the EU is a rotating assignment, not an elected one, and what that person says may not reflect “official opinion”. In this case, the Presidency just rotated to the Czechs – who’s government has just collapsed on a “no confidence” vote. I’d take with a very large grain of salt any economic advice he feels like dispensing (especially since it appears much of the rest of the EU is backpedaling from his assertions).
Europe is, in fact, trying to inflate their way out – just as we are. They simply have been trying to inflate less than we have.
March 25, 2009 at 11:34 AM #373359Participant[quote=partypup]
Hat, I keep hearing the same thing about Europe’s predicament, and I must confess that my knowledge is sparse here. But isn’t it the case that the ECB has chosen NOT to inflate it’s way out of this mess?
“EU presidency: US economic plans ‘a road to hell'”
http://www.google.com/hostednews/ap/article/ALeqM5iiXCmvt7Z8-97sodbSHsAd03V0AwD97540HG0
Granted, the whole world is in a world of s*** now, but am I missing something, or would people not gravitate to a currency that is not being debased as quickly as the dollar? I am not challenging you; I simply want to understand the thought process. I personally have come to suspect most of the information coming out of the U.S. mainstream media, and their goal in recent months seems to be aimed at trashing Europe with the “we suck, but they suck more” argument for supporting the dollar.[/quote]
Bear in mind that the President of the EU is a rotating assignment, not an elected one, and what that person says may not reflect “official opinion”. In this case, the Presidency just rotated to the Czechs – who’s government has just collapsed on a “no confidence” vote. I’d take with a very large grain of salt any economic advice he feels like dispensing (especially since it appears much of the rest of the EU is backpedaling from his assertions).
Europe is, in fact, trying to inflate their way out – just as we are. They simply have been trying to inflate less than we have.
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