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24-09-2012, 10:30 AM
#281
http://myeffusions.wordpress.com/200...ued-destroyed/
For anyone with the time ,intelligence,and balls ...have a read
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07-10-2012, 11:28 PM
#282
Inflation is on!
Game on, cash is trash, there no alternative to this situation we live in, we all know the printing presses are running red hot.
We all know China is looking for an escape route from the US$.
We need to protect our equity, unfortunately cash is not an option.
The item below might be contrieved as a ramp for gold and silver.
Every one to the lifeboats, happy hunting folks!
Less than 900 days for hyperinflation in the US?
Gold Silver Worlds | September 30, 2012
http://goldsilverworlds.com/gold-sil...ion-in-the-us/
Last edited by tricha; 07-10-2012 at 11:36 PM.
Reason: grammer
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10-10-2012, 06:56 PM
#283
Originally Posted by tricha
It is all unfolding, Skol and his mates are in for a rude awakening. Unfortunately it will effect all.
China, Russia, and the End of the Petrodollar
By John Rubino10/09/2012
http://www.financialsense.com/contri...nd-petrodollar
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11-10-2012, 07:44 AM
#284
The only problem with that theory is that China cannot afford the $US going into a tailspin-They just have to much of the stuff[much to their dismay]I think thats the direction they want to go,but with great care and slowly slowly.
There is always the chance that if inflation happens to fast and things really go pear shaped that the crash will force major debt write offs,decreasing the money supply, and then we could have deflation.
Its a crazy game out there,with potential booby traps around every corner[and I aint talkin bout your girlfreinds bra]
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11-10-2012, 11:06 AM
#285
Question....Who does USA owe the most money to ? (2010 figures)
China???...nah not even close...
The top 10 are:....
10: Luxembourg
Amount of U.S. Debt Owned in 2010: $78 billion
Percent of U.S. Debt Owned in 2010: 0.9
9: Switzerland
Amount of U.S. Debt Owned in 2010: $112 billion
Percent of U.S. Debt Owned in 2010: 1.2
8: Hong Kong
Amount of U.S. Debt Owned in 2010: $122 billion
Percent of U.S. Debt Owned in 2010: 1.4
7: Russia
Amount of U.S. Debt Owned in 2010: $125 billion
Percent of U.S. Debt Owned in 2010: 1.4
6: Taiwan
Amount of U.S. Debt Owned in 2010: $155 billion
Percent of U.S. Debt Owned in 2010: 1.7
5: Brazil
Amount of U.S. Debt Owned in 2010: $165 billion
Percent of U.S. Debt Owned in 2010: 1.8
4: United Kingdom
Amount of U.S. Debt Owned in 2010: $459 billion
Percent of U.S. Debt Owned in 2010: 5.1
3: Japan
Amount of U.S. Debt Owned in 2010: $865 billion
Percent of U.S. Debt Owned in 2010: 9.6
2: China
Amount of U.S. Debt Owned in 2010: $884 billion
Percent of U.S. Debt Owned in 2010: 9.8
1: United States of America
Creditor Name: American public and the Federal Reserve
Amount of U.S. Debt Owned in 2010: $4.7 trillion
Percent of U.S. Debt Owned in 2010: 53
Surprise! The country the United States is most indebted to is itself. Actually, it borrows from a host of domestic investors, including private citizens, the Federal Reserve, and local and state governments. Here are the various groups of creditors who divvy up those trillions [source: CNBC.com]:
Insurance Companies: $261.8 billion
Depository Institutions (commercial banks, credit unions, etc.): $269.8 billion
State and Local Governments: $511.8 billion
Mutual Funds: $637.7 billion
Pension Funds: $706.4 billion
Other Investors/Savings Bonds: $1.458 trillion
Federal Reserve and Intragovernmental Holdings: $5.351 trillion
Ref:--http://people.howstuffworks.com/5-united-states-debt-holders.htm
Last edited by Hoop; 11-10-2012 at 11:20 AM.
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11-10-2012, 11:38 AM
#286
yes the old "FED reserve" owned by private International investors that get paid a set yield per year ...congressman "Ron paul" has been trying to get the US congress to audit the FED for decades ...he stated it's easier to get details on how to build a Nuclear bomb than true transparency round shady policies of the FED
audit the fed-RT
http://www.youtube.com/watch?v=CrjNlpIMgpE
Last edited by JBmurc; 11-10-2012 at 11:43 AM.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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18-10-2012, 08:32 AM
#287
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20-10-2012, 09:33 AM
#288
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21-10-2012, 12:57 PM
#289
Originally Posted by skid
Just as well Obama seems to have found his mojo again. Surely the American public won't vote a Bush-style administration into office.
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21-10-2012, 08:09 PM
#290
tricha,
Re. cash is trash. Let's see if cash is trash over the next few weeks.
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