don't u realize the USD is the worlds reserve currency and all other currencies are pyramided and leveraged off of it. not being in the US will make your economic downturn far greater when it comes. just who do you think bailed out all you guys in 2008? the US Fed and its taxpayers and this is well documented and a fact from there release of info forced upon them. by being suspicious and non trusting of what the Fed was saying at the time allowed short sellers like me to capitalize and protect myself from that first round of financial disaster.
economic implosions usually start from the periphery countries first and spread back to the US which is why the Fed bailed out most foreign banks to the tune of 700 billion USD.
I'm not arguing that my country (New Zealand) is immune to downturn. I do argue that in the face of the sort of worldwide catastrophic financial meltdown that people on here like to prophesy, I'd feel much more comfortable being in my own country with it's emphasis on self-reliance, large non-subsidized agricultural base, and small population than in the gutted industrial wreck that is the US. After all, the sort of currency devaluation you predict is in essence the end of US-centered finance, so it's hard to see how the US would end up a relative winner. In any case:
1) You resort to too much hand-waving in your arguments. Yea, I get that bad things are afoot, but that's about as specific as you get about what's coming down the pipeline.
2) I rarely take advice from people who write "u" instead of "you," or confuse "there" with "their." Not fair, perhaps, but a good rule-of-thumb.
by ignoring what these banksters are doing and looking for absolute "proof" to conspiracy theories, you place yourself at a severe disadvantage. the banksters will always tell you 2+2=6, not 4.
I'm not looking for absolute proof. I'm looking for any, or just an argument free of hyperbole in lieu of that. But I'll make sure and look for "banksters" under my bed tonight, I'm sure they're more interested in fiddling with my little life than in enjoying their own fabulous life of wealth and privilege.
don't u realize the USD is the worlds reserve currency and all other currencies are pyramided and leveraged off of it. not being in the US will make your economic downturn far greater when it comes. just who do you think bailed out all you guys in 2008? the US Fed and its taxpayers and this is well documented and a fact from there release of info forced upon them. by being suspicious and non trusting of what the Fed was saying at the time allowed short sellers like me to capitalize and protect myself from that first round of financial disaster.
economic implosions usually start from the periphery countries first and spread back to the US which is why the Fed bailed out most foreign banks to the tune of 700 billion USD.
I'm not arguing that my country (New Zealand) is immune to downturn. I do argue that in the face of the sort of worldwide catastrophic financial meltdown that people on here like to prophesy, I'd feel much more comfortable being in my own country with it's emphasis on self-reliance, large non-subsidized agricultural base, and small population than in the gutted industrial wreck that is the US. After all, the sort of currency devaluation you predict is in essence the end of US-centered finance, so it's hard to see how the US would end up a relative winner. In any case:
1) You resort to too much hand-waving in your arguments. Yea, I get that bad things are afoot, but that's about as specific as you get about what's coming down the pipeline.
2) I rarely take advice from people who write "u" instead of "you," or confuse "there" with "their." Not fair, perhaps, but a good rule-of-thumb.
by ignoring what these banksters are doing and looking for absolute "proof" to conspiracy theories, you place yourself at a severe disadvantage. the banksters will always tell you 2+2=6, not 4.
I'm not looking for absolute proof. I'm looking for any, or just an argument free of hyperbole in lieu of that. But I'll make sure and look for "banksters" under my bed tonight, I'm sure they're more interested in fiddling with my little life than in enjoying their own fabulous life of wealth and privilege.
have u paid attention to whats been happening the last 4 yrs? lets see if i can provide some facts and examples of outright deception and lying coming from the Fed/banksters:
1. Hank Paulson continued to say "we want a strong dollar" while he and Bernanke printed up 700 billion USD to hand out to the banks.
2. the banks said they needed that money to keep credit and loans to small business going to prevent an implosion in the economy. well, the economy imploded anyway and the banks did not increase lending. evidence of this fact is the explosion in bank reserves to prevent their own implosion. i can provide graphs if u want.
3. Dick Fuld of Lehman Brothers insisted up to the day they went under that their financial situation was under control. do did the head of Bear Stearns, Merrill, Countrywide.
4. Angelo Mozillo was selling 50,000 shares of stock weekly for an entire year before its implosion all the while saying he was just doing the prudent thing and the company was fine.
5. Bernie Madoff stole millions from clients in a classic ponzi scheme.
6. Benanke refused to reveal Fed bailout data until forced to by a Congressional demand. we now find out that billions were given away to foreign banks, like the Bank of Libya as well as small strip malls in Oklahoma.
7. the Fed is privately owned by banks like JPM, GS, Deutche Bank, UBS, Credit Suisse, etc. Who does Bernanke answer to?
8. the Fed controls our money supply; who do they give their bailout money to?
9. Bush, Bernanke, Paulson never revealed to us how much trouble we were in and in retrospect they tell us we were 10 min from financial destruction.
i'm tired now but i could go on and on with examples of lying and deception. and u wonder why people are suspicious.