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equalizerParticipant
[quote=DWCAP]My position is simply that when pushed, people return to what worked last time. For the past 50+ years, the economic trick has been to devalue your currency, ramp up exports, and maybe exploit a natural resource you didnt before (if you have any left). Oh, and deficit spend until ‘demand returns to normal’. Those that are in power will simply return to this plan when pushed, as they are and have been for the past 12-18 months. Since all those exports are generally aimed at American consumers, dollars are the only game in town.
Your basic hypothesis (as I understand it) is that the other world economies are ganging up together to get away from the dollar. I disagree because I dont think they have anywhere to go. They can blow up the dollar, but then what? They dont get to leave the room.
Each and everyone of them wants to export their way to prosperity, most easily obtained by making your goods cheaper overseas by devaluing the currency. The problem is, in general, they devalue it in overall relation to each other. If the euro devalues 25%, then that is in relation to the yen and the franc and the dollar. Well, their goods will get cheaper in our currencies, but then our domestic manufactures suffer. So the dollar devalues to compensate and the franc follows and the yen too and eventually we are back where we started from. It is all highly inflationary, but in our deflationary environment, that is what they want.
The other idea is to exploit some natural resource you didnt before. The problem there is that we have over capacity in most natural resources. Lumber, copper, iron, steel, grain etc; they are all in the same boat. There is plenty of supply to meet current demand. So that wont work either unless you happen to have access to a very select group of resources that really are quiet rare.
SO yes, the dollar will be a force in the decade to come. Perhaps not the lone super power it was in the late 1990’s, but we are not going zimbobwae on anyone. Our trading partners simply wont allow it, because if they did then they not only dont get to export to us, they gotta deal with our surge in exports to them. Politically and financially they cant handel that, so they buy into the game again.
The devil you know is better than the demon you dont.[/quote]
Your cogent analysis is not going to sway anyone. Add some color to your story like this:“Intuitive researcher and lecturer David Wilcock discussed his prophetic dreams and confirmations of major social realignment beginning this fall, potential for an ET disclosure from the U.S.
…Illuminati’s plan to reduce the world’s population through economic collapse, Swine Flu, and war & conflagration. His “inside sources” have informed him that America is on the verge of a horrific set of economic events, including the dismantling of the Federal Reserve.”
equalizerParticipant[quote=DWCAP]My position is simply that when pushed, people return to what worked last time. For the past 50+ years, the economic trick has been to devalue your currency, ramp up exports, and maybe exploit a natural resource you didnt before (if you have any left). Oh, and deficit spend until ‘demand returns to normal’. Those that are in power will simply return to this plan when pushed, as they are and have been for the past 12-18 months. Since all those exports are generally aimed at American consumers, dollars are the only game in town.
Your basic hypothesis (as I understand it) is that the other world economies are ganging up together to get away from the dollar. I disagree because I dont think they have anywhere to go. They can blow up the dollar, but then what? They dont get to leave the room.
Each and everyone of them wants to export their way to prosperity, most easily obtained by making your goods cheaper overseas by devaluing the currency. The problem is, in general, they devalue it in overall relation to each other. If the euro devalues 25%, then that is in relation to the yen and the franc and the dollar. Well, their goods will get cheaper in our currencies, but then our domestic manufactures suffer. So the dollar devalues to compensate and the franc follows and the yen too and eventually we are back where we started from. It is all highly inflationary, but in our deflationary environment, that is what they want.
The other idea is to exploit some natural resource you didnt before. The problem there is that we have over capacity in most natural resources. Lumber, copper, iron, steel, grain etc; they are all in the same boat. There is plenty of supply to meet current demand. So that wont work either unless you happen to have access to a very select group of resources that really are quiet rare.
SO yes, the dollar will be a force in the decade to come. Perhaps not the lone super power it was in the late 1990’s, but we are not going zimbobwae on anyone. Our trading partners simply wont allow it, because if they did then they not only dont get to export to us, they gotta deal with our surge in exports to them. Politically and financially they cant handel that, so they buy into the game again.
The devil you know is better than the demon you dont.[/quote]
Your cogent analysis is not going to sway anyone. Add some color to your story like this:“Intuitive researcher and lecturer David Wilcock discussed his prophetic dreams and confirmations of major social realignment beginning this fall, potential for an ET disclosure from the U.S.
…Illuminati’s plan to reduce the world’s population through economic collapse, Swine Flu, and war & conflagration. His “inside sources” have informed him that America is on the verge of a horrific set of economic events, including the dismantling of the Federal Reserve.”
equalizerParticipant[quote=DWCAP]My position is simply that when pushed, people return to what worked last time. For the past 50+ years, the economic trick has been to devalue your currency, ramp up exports, and maybe exploit a natural resource you didnt before (if you have any left). Oh, and deficit spend until ‘demand returns to normal’. Those that are in power will simply return to this plan when pushed, as they are and have been for the past 12-18 months. Since all those exports are generally aimed at American consumers, dollars are the only game in town.
Your basic hypothesis (as I understand it) is that the other world economies are ganging up together to get away from the dollar. I disagree because I dont think they have anywhere to go. They can blow up the dollar, but then what? They dont get to leave the room.
Each and everyone of them wants to export their way to prosperity, most easily obtained by making your goods cheaper overseas by devaluing the currency. The problem is, in general, they devalue it in overall relation to each other. If the euro devalues 25%, then that is in relation to the yen and the franc and the dollar. Well, their goods will get cheaper in our currencies, but then our domestic manufactures suffer. So the dollar devalues to compensate and the franc follows and the yen too and eventually we are back where we started from. It is all highly inflationary, but in our deflationary environment, that is what they want.
The other idea is to exploit some natural resource you didnt before. The problem there is that we have over capacity in most natural resources. Lumber, copper, iron, steel, grain etc; they are all in the same boat. There is plenty of supply to meet current demand. So that wont work either unless you happen to have access to a very select group of resources that really are quiet rare.
SO yes, the dollar will be a force in the decade to come. Perhaps not the lone super power it was in the late 1990’s, but we are not going zimbobwae on anyone. Our trading partners simply wont allow it, because if they did then they not only dont get to export to us, they gotta deal with our surge in exports to them. Politically and financially they cant handel that, so they buy into the game again.
The devil you know is better than the demon you dont.[/quote]
Your cogent analysis is not going to sway anyone. Add some color to your story like this:“Intuitive researcher and lecturer David Wilcock discussed his prophetic dreams and confirmations of major social realignment beginning this fall, potential for an ET disclosure from the U.S.
…Illuminati’s plan to reduce the world’s population through economic collapse, Swine Flu, and war & conflagration. His “inside sources” have informed him that America is on the verge of a horrific set of economic events, including the dismantling of the Federal Reserve.”
equalizerParticipant[quote=DWCAP]My position is simply that when pushed, people return to what worked last time. For the past 50+ years, the economic trick has been to devalue your currency, ramp up exports, and maybe exploit a natural resource you didnt before (if you have any left). Oh, and deficit spend until ‘demand returns to normal’. Those that are in power will simply return to this plan when pushed, as they are and have been for the past 12-18 months. Since all those exports are generally aimed at American consumers, dollars are the only game in town.
Your basic hypothesis (as I understand it) is that the other world economies are ganging up together to get away from the dollar. I disagree because I dont think they have anywhere to go. They can blow up the dollar, but then what? They dont get to leave the room.
Each and everyone of them wants to export their way to prosperity, most easily obtained by making your goods cheaper overseas by devaluing the currency. The problem is, in general, they devalue it in overall relation to each other. If the euro devalues 25%, then that is in relation to the yen and the franc and the dollar. Well, their goods will get cheaper in our currencies, but then our domestic manufactures suffer. So the dollar devalues to compensate and the franc follows and the yen too and eventually we are back where we started from. It is all highly inflationary, but in our deflationary environment, that is what they want.
The other idea is to exploit some natural resource you didnt before. The problem there is that we have over capacity in most natural resources. Lumber, copper, iron, steel, grain etc; they are all in the same boat. There is plenty of supply to meet current demand. So that wont work either unless you happen to have access to a very select group of resources that really are quiet rare.
SO yes, the dollar will be a force in the decade to come. Perhaps not the lone super power it was in the late 1990’s, but we are not going zimbobwae on anyone. Our trading partners simply wont allow it, because if they did then they not only dont get to export to us, they gotta deal with our surge in exports to them. Politically and financially they cant handel that, so they buy into the game again.
The devil you know is better than the demon you dont.[/quote]
Your cogent analysis is not going to sway anyone. Add some color to your story like this:“Intuitive researcher and lecturer David Wilcock discussed his prophetic dreams and confirmations of major social realignment beginning this fall, potential for an ET disclosure from the U.S.
…Illuminati’s plan to reduce the world’s population through economic collapse, Swine Flu, and war & conflagration. His “inside sources” have informed him that America is on the verge of a horrific set of economic events, including the dismantling of the Federal Reserve.”
equalizerParticipant[quote=DWCAP]My position is simply that when pushed, people return to what worked last time. For the past 50+ years, the economic trick has been to devalue your currency, ramp up exports, and maybe exploit a natural resource you didnt before (if you have any left). Oh, and deficit spend until ‘demand returns to normal’. Those that are in power will simply return to this plan when pushed, as they are and have been for the past 12-18 months. Since all those exports are generally aimed at American consumers, dollars are the only game in town.
Your basic hypothesis (as I understand it) is that the other world economies are ganging up together to get away from the dollar. I disagree because I dont think they have anywhere to go. They can blow up the dollar, but then what? They dont get to leave the room.
Each and everyone of them wants to export their way to prosperity, most easily obtained by making your goods cheaper overseas by devaluing the currency. The problem is, in general, they devalue it in overall relation to each other. If the euro devalues 25%, then that is in relation to the yen and the franc and the dollar. Well, their goods will get cheaper in our currencies, but then our domestic manufactures suffer. So the dollar devalues to compensate and the franc follows and the yen too and eventually we are back where we started from. It is all highly inflationary, but in our deflationary environment, that is what they want.
The other idea is to exploit some natural resource you didnt before. The problem there is that we have over capacity in most natural resources. Lumber, copper, iron, steel, grain etc; they are all in the same boat. There is plenty of supply to meet current demand. So that wont work either unless you happen to have access to a very select group of resources that really are quiet rare.
SO yes, the dollar will be a force in the decade to come. Perhaps not the lone super power it was in the late 1990’s, but we are not going zimbobwae on anyone. Our trading partners simply wont allow it, because if they did then they not only dont get to export to us, they gotta deal with our surge in exports to them. Politically and financially they cant handel that, so they buy into the game again.
The devil you know is better than the demon you dont.[/quote]
Your cogent analysis is not going to sway anyone. Add some color to your story like this:“Intuitive researcher and lecturer David Wilcock discussed his prophetic dreams and confirmations of major social realignment beginning this fall, potential for an ET disclosure from the U.S.
…Illuminati’s plan to reduce the world’s population through economic collapse, Swine Flu, and war & conflagration. His “inside sources” have informed him that America is on the verge of a horrific set of economic events, including the dismantling of the Federal Reserve.”
equalizerParticipant[quote=ralphfurley][quote=partypup]This is probably one of the most momentous events to occur in the dollar’s history.
IMO, this will put us on the fast-track to a rapid and sudden loss of reserve currency status, followed by a severe devaluation. The dollar is being circled and stalked now like a wounded animal by a predator at night. And we in this country simply have no f*****g clue what is about to happen.
[/quote]
Where the hell is Kris Kristofferson when you need him?[/quote]
I think I saw picture of him entering bunker at the Federal Reserve.equalizerParticipant[quote=ralphfurley][quote=partypup]This is probably one of the most momentous events to occur in the dollar’s history.
IMO, this will put us on the fast-track to a rapid and sudden loss of reserve currency status, followed by a severe devaluation. The dollar is being circled and stalked now like a wounded animal by a predator at night. And we in this country simply have no f*****g clue what is about to happen.
[/quote]
Where the hell is Kris Kristofferson when you need him?[/quote]
I think I saw picture of him entering bunker at the Federal Reserve.equalizerParticipant[quote=ralphfurley][quote=partypup]This is probably one of the most momentous events to occur in the dollar’s history.
IMO, this will put us on the fast-track to a rapid and sudden loss of reserve currency status, followed by a severe devaluation. The dollar is being circled and stalked now like a wounded animal by a predator at night. And we in this country simply have no f*****g clue what is about to happen.
[/quote]
Where the hell is Kris Kristofferson when you need him?[/quote]
I think I saw picture of him entering bunker at the Federal Reserve.equalizerParticipant[quote=ralphfurley][quote=partypup]This is probably one of the most momentous events to occur in the dollar’s history.
IMO, this will put us on the fast-track to a rapid and sudden loss of reserve currency status, followed by a severe devaluation. The dollar is being circled and stalked now like a wounded animal by a predator at night. And we in this country simply have no f*****g clue what is about to happen.
[/quote]
Where the hell is Kris Kristofferson when you need him?[/quote]
I think I saw picture of him entering bunker at the Federal Reserve.equalizerParticipant[quote=ralphfurley][quote=partypup]This is probably one of the most momentous events to occur in the dollar’s history.
IMO, this will put us on the fast-track to a rapid and sudden loss of reserve currency status, followed by a severe devaluation. The dollar is being circled and stalked now like a wounded animal by a predator at night. And we in this country simply have no f*****g clue what is about to happen.
[/quote]
Where the hell is Kris Kristofferson when you need him?[/quote]
I think I saw picture of him entering bunker at the Federal Reserve.October 2, 2009 at 6:14 PM in reply to: The plot thickens….Confirmed.. Fed Reserve Strongarmed BofA … #463136equalizerParticipant[quote=Chris Scoreboard Johnston]Lewis took the low road and the likely payoff beyond what the exit package will be,to stay quiet and leave. I would bet my life they threatened to kill him if he sang. This is a very big deal, and the truth cannot be known. We may think politics is nasty and getting more so, but there are things that go on behind the scenes that are alot worse than just congressmen pissing on each other over healthcare.
If he was really in a morally high ground type of place, he would hire a few ex navy seals to protect him and sing like a bird and let his security team protect him.
It has been obvious from the beginning that this deal made no sense on any level at all and was pressured from somewhere. Other than the govt buying toilet seats for 30k jokes, no executive running any large company would overpay like this without chicanery going on. 50B for a company worth close to zero cap rate wise at the time.
It is becoming obvious that the corruption in politics is on a pretty big scale, and is not party specific.[/quote]
Ken was just scared, leave the poor guy alone!Next person to get promoted/retire will be Judge Rakoff, who was vitriolic in response to SEC letting BofA walk away with tiny fine. Judge dared to question why execs at BofA should not be personally liable for defrauding BofA shareholders. The SEC, Feds, Corporate execs will NEVER let trial against BofA proceed, or we will have all parties state “I don’t recall” in court.
My previous post:
http://piggington.com/the_final_days_of_merrill_lynch_from_the_atlanticOctober 2, 2009 at 6:14 PM in reply to: The plot thickens….Confirmed.. Fed Reserve Strongarmed BofA … #463327equalizerParticipant[quote=Chris Scoreboard Johnston]Lewis took the low road and the likely payoff beyond what the exit package will be,to stay quiet and leave. I would bet my life they threatened to kill him if he sang. This is a very big deal, and the truth cannot be known. We may think politics is nasty and getting more so, but there are things that go on behind the scenes that are alot worse than just congressmen pissing on each other over healthcare.
If he was really in a morally high ground type of place, he would hire a few ex navy seals to protect him and sing like a bird and let his security team protect him.
It has been obvious from the beginning that this deal made no sense on any level at all and was pressured from somewhere. Other than the govt buying toilet seats for 30k jokes, no executive running any large company would overpay like this without chicanery going on. 50B for a company worth close to zero cap rate wise at the time.
It is becoming obvious that the corruption in politics is on a pretty big scale, and is not party specific.[/quote]
Ken was just scared, leave the poor guy alone!Next person to get promoted/retire will be Judge Rakoff, who was vitriolic in response to SEC letting BofA walk away with tiny fine. Judge dared to question why execs at BofA should not be personally liable for defrauding BofA shareholders. The SEC, Feds, Corporate execs will NEVER let trial against BofA proceed, or we will have all parties state “I don’t recall” in court.
My previous post:
http://piggington.com/the_final_days_of_merrill_lynch_from_the_atlanticOctober 2, 2009 at 6:14 PM in reply to: The plot thickens….Confirmed.. Fed Reserve Strongarmed BofA … #463672equalizerParticipant[quote=Chris Scoreboard Johnston]Lewis took the low road and the likely payoff beyond what the exit package will be,to stay quiet and leave. I would bet my life they threatened to kill him if he sang. This is a very big deal, and the truth cannot be known. We may think politics is nasty and getting more so, but there are things that go on behind the scenes that are alot worse than just congressmen pissing on each other over healthcare.
If he was really in a morally high ground type of place, he would hire a few ex navy seals to protect him and sing like a bird and let his security team protect him.
It has been obvious from the beginning that this deal made no sense on any level at all and was pressured from somewhere. Other than the govt buying toilet seats for 30k jokes, no executive running any large company would overpay like this without chicanery going on. 50B for a company worth close to zero cap rate wise at the time.
It is becoming obvious that the corruption in politics is on a pretty big scale, and is not party specific.[/quote]
Ken was just scared, leave the poor guy alone!Next person to get promoted/retire will be Judge Rakoff, who was vitriolic in response to SEC letting BofA walk away with tiny fine. Judge dared to question why execs at BofA should not be personally liable for defrauding BofA shareholders. The SEC, Feds, Corporate execs will NEVER let trial against BofA proceed, or we will have all parties state “I don’t recall” in court.
My previous post:
http://piggington.com/the_final_days_of_merrill_lynch_from_the_atlanticOctober 2, 2009 at 6:14 PM in reply to: The plot thickens….Confirmed.. Fed Reserve Strongarmed BofA … #463743equalizerParticipant[quote=Chris Scoreboard Johnston]Lewis took the low road and the likely payoff beyond what the exit package will be,to stay quiet and leave. I would bet my life they threatened to kill him if he sang. This is a very big deal, and the truth cannot be known. We may think politics is nasty and getting more so, but there are things that go on behind the scenes that are alot worse than just congressmen pissing on each other over healthcare.
If he was really in a morally high ground type of place, he would hire a few ex navy seals to protect him and sing like a bird and let his security team protect him.
It has been obvious from the beginning that this deal made no sense on any level at all and was pressured from somewhere. Other than the govt buying toilet seats for 30k jokes, no executive running any large company would overpay like this without chicanery going on. 50B for a company worth close to zero cap rate wise at the time.
It is becoming obvious that the corruption in politics is on a pretty big scale, and is not party specific.[/quote]
Ken was just scared, leave the poor guy alone!Next person to get promoted/retire will be Judge Rakoff, who was vitriolic in response to SEC letting BofA walk away with tiny fine. Judge dared to question why execs at BofA should not be personally liable for defrauding BofA shareholders. The SEC, Feds, Corporate execs will NEVER let trial against BofA proceed, or we will have all parties state “I don’t recall” in court.
My previous post:
http://piggington.com/the_final_days_of_merrill_lynch_from_the_atlantic -
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