JTF.ORG Forum
Save Western Civilization => Save America => Topic started by: MasterWolf1 on January 23, 2008, 03:00:42 PM
-
http://www.chicagofed.org/consumer_information/strong_dollar_weak_dollar.cfm
The continued weakness of the U.S. dollar poses some questions for investors - like what does this mean to me. Among other things, it probably means a rise in long-term interest rates.
The US Dollar vs the Canadian dollar for example
And as weak as the Canadian Dollar is the US Dollar isn't doing much better.
http://finance.yahoo.com/currency/convert?amt=1&from=USD&to=CAD&submit=Convert
The U.S. market is hurting regardless who ever is in office
http://www.x-rates.com/
-
it's because we are spending a lot of money to fight the terrorists...Bush warned that this would be a long arduous war...this is one of the early effects.
-
it's because we are spending a lot of money to fight the terrorists...Bush warned that this would be a long arduous war...this is one of the early effects.
David Ben Mosche said it best once when we are fighting a war of attrition, that the war is going to be a pro long war cause we want to stretch it as far as possible. In Iraq for example. Instead of having grounds to occupy a Muzzie hell hole how about bombarding it from the sky 72 days for their 72 virgins.
-
We should all buy lots of gold.
-
We should all buy lots of gold.
Yes, interesting point you made Scriabin cause gold is at an all time high over 900 per ounce
-
We should all buy lots of gold.
That might be a last resort...
-
Scriabin: "...We should all buy lots of gold."
If somebody will lend me some money for gasoline, I'll go buy some!
-
Britain plummetted in the Stockmarket recently too. Everybody thought that the pound was doing great against the dollar and relishing in its decrease, though stupidly didn't realise that around 77 billion more pounds had been borrowed this year.
Food prices and everything is rising over here.
-
Sarah, the Brittish market is plummeting because of the parasitic effect the Muslims are having on the country. I know you are not like them, but the fact is that Islam is totally destroying the country and if these people take power, your genitals will be mutilated.
-
Britain plummetted in the Stockmarket recently too. Everybody thought that the pound was doing great against the dollar and relishing in its decrease, though stupidly didn't realise that around 77 billion more pounds had been borrowed this year.
Food prices and everything is rising over here.
The world should know by now that when America's economy is stalling the rest of the worlds economies will most likely follow the same trend. America's economy fuels the world. When the stock markets were closed on Monday here in America the rest of the worlds markets were on hold or in decline. You can put your money in anything you like even in gold and it will do little good. When the dollar is down for a while even gold will not hold its price for long.
-
Britain plummetted in the Stockmarket recently too. Everybody thought that the pound was doing great against the dollar and relishing in its decrease, though stupidly didn't realise that around 77 billion more pounds had been borrowed this year.
Food prices and everything is rising over here.
The world should know by now that when America's economy is stalling the rest of the worlds economies will most likely follow the same trend. America's economy fuels the world. When the stock markets were closed on Monday here in America the rest of the worlds markets were on hold or in decline. You can put your money in anything you like even in gold and it will do little good. When the dollar is down for a while even gold will not hold its price for long.
Yep very true.
Though i thought that silver was actually on the verge of becoming just as expensive as gold....because it had gone up an awful lot.
-
Britain plummetted in the Stockmarket recently too. Everybody thought that the pound was doing great against the dollar and relishing in its decrease, though stupidly didn't realise that around 77 billion more pounds had been borrowed this year.
Food prices and everything is rising over here.
The world should know by now that when America's economy is stalling the rest of the worlds economies will most likely follow the same trend. America's economy fuels the world. When the stock markets were closed on Monday here in America the rest of the worlds markets were on hold or in decline. You can put your money in anything you like even in gold and it will do little good. When the dollar is down for a while even gold will not hold its price for long.
Yep very true.
Though i thought that silver was actually on the verge of becoming just as expensive as gold....because it had gone up an awful lot.
Yes you make a good point Sarah. Silver is actually considered an industrial grade metal who's use is becoming higher in demand. Some of the money talk people are actually saying it has the potential to be a very good investment. Investing in metals can be a tricky prospect a few years back Ford Motor Company bought a large supply of Platinum at what they thought was a dirt cheap price at a low point in the market. They use this metal in part of the exhaust system on cars called the catalytic converter. ( It cleans the exhaust gases). Ford bought a multi year supply thinking they would supply up and if nothing else the price would only go higher and they could sell off the excess if they no longer needed it at a much higher price. Well a short time later General Motors came up with a process that cut the amount of platinum needed to do the job to a fraction of what was used before and other car companies picked up on the new technology. The result was that the Platinum price collapsed to an even lower level and Ford was now stuck with an endless supply of platinum that was worth millions of dollars less then what they bought it for. Like any other investment situations in the metals market can change over night.
-
We should all buy lots of gold.
Yes, interesting point you made Scriabin cause gold is at an all time high over 900 per ounce
we should have bought lots 0f gold some years ago!
-
With the low US dollar it's a good time for non-Americans to buy that classic 60s American muscle car they've always dreamed of (pity about the fuel prices, though).
-
I want to buy myself some good hand-build electronics, if the prices of US products really go down here in Belgium.
-
I want to buy myself some good hand-build electronics, if the prices of US products really go down here in Belgium.
Buy clothes from the US, too. A pair of Wrangler jeans we pay A$100 for is $30 in the US. Even with shipping, duty, GST and the exchange rate it's still cheaper by 40% or more.
Best mens clothing store on earth:
http://www.sheplers.com/
-
I want to buy myself some good hand-build electronics, if the prices of US products really go down here in Belgium.
Buy clothes from the US, too. A pair of Wrangler jeans we pay A$100 for is $30 in the US. Even with shipping, duty, GST and the exchange rate it's still cheaper by 40% or more.
Best mens clothing store on earth:
http://www.sheplers.com/
you'll be surprised, but US products are impossible to find here.\
only German, some Japanese, and some EU products are sold here.
Of course, most products are made by multinationals, that could be in Ar-apes hands...
I don't want Levis jeans.
they are made in Turkey.
i hate Turks.
-
I want to buy myself some good hand-build electronics, if the prices of US products really go down here in Belgium.
Buy clothes from the US, too. A pair of Wrangler jeans we pay A$100 for is $30 in the US. Even with shipping, duty, GST and the exchange rate it's still cheaper by 40% or more.
Best mens clothing store on earth:
http://www.sheplers.com/
you'll be surprised, but US products are impossible to find here.\
only German, some Japanese, and some EU products are sold here.
Of course, most products are made by multinationals, that could be in Ar-apes hands...
I don't want Levis jeans.
they are made in Turkey.
i hate Turks.
Buy Wranglers, they're made in China.
EU protection stops a lot of goods going there at the right money. The only reason europeans buy crap like Ford Transit vans is that there are no cheap, reliable jap commercial vehicles on the new car market.
-
I want to buy myself some good hand-build electronics, if the prices of US products really go down here in Belgium.
Buy clothes from the US, too. A pair of Wrangler jeans we pay A$100 for is $30 in the US. Even with shipping, duty, GST and the exchange rate it's still cheaper by 40% or more.
Best mens clothing store on earth:
http://www.sheplers.com/
you'll be surprised, but US products are impossible to find here.\
only German, some Japanese, and some EU products are sold here.
Of course, most products are made by multinationals, that could be in Ar-apes hands...
I don't want Levis jeans.
they are made in Turkey.
i hate Turks.
Buy Wranglers, they're made in China.
EU protection stops a lot of goods going there at the right money. The only reason europeans buy crap like Ford Transit vans is that there are no cheap, reliable jap commercial vehicles on the new car market.
I don't need a car thank you. And the Chinese communists can drop dead.
Ford Tranist is considered ok here , but we have better cars like Mercedes, and some are worse, like the French cars.
-
I want to buy myself some good hand-build electronics, if the prices of US products really go down here in Belgium.
Buy clothes from the US, too. A pair of Wrangler jeans we pay A$100 for is $30 in the US. Even with shipping, duty, GST and the exchange rate it's still cheaper by 40% or more.
Best mens clothing store on earth:
http://www.sheplers.com/
you'll be surprised, but US products are impossible to find here.\
only German, some Japanese, and some EU products are sold here.
Of course, most products are made by multinationals, that could be in Ar-apes hands...
I don't want Levis jeans.
they are made in Turkey.
i hate Turks.
Buy Wranglers, they're made in China.
EU protection stops a lot of goods going there at the right money. The only reason europeans buy crap like Ford Transit vans is that there are no cheap, reliable jap commercial vehicles on the new car market.
I don't need a car thank you. And the Chinese communists can drop dead.
Ford Tranist is considered ok here , but we have better cars like Mercedes, and some are worse, like the French cars.
French cars used to be excellent. The old Peugeots of the 50s, 60s and 70s were the most reliable and durable cars ever. Bloody accountants running everything have stuffed it up.
Australia has had Japanese cars for 40+ years. We take it for granted that you can have a car, van or pickup for 20 years and 300,000 plus kilometers and have ZERO mechanical or electrical problems. Try getting that out of an English Ford or other Euro make today.
-
I want to buy myself some good hand-build electronics, if the prices of US products really go down here in Belgium.
Buy clothes from the US, too. A pair of Wrangler jeans we pay A$100 for is $30 in the US. Even with shipping, duty, GST and the exchange rate it's still cheaper by 40% or more.
Best mens clothing store on earth:
http://www.sheplers.com/
you'll be surprised, but US products are impossible to find here.\
only German, some Japanese, and some EU products are sold here.
Of course, most products are made by multinationals, that could be in Ar-apes hands...
I don't want Levis jeans.
they are made in Turkey.
i hate Turks.
Buy Wranglers, they're made in China.
EU protection stops a lot of goods going there at the right money. The only reason europeans buy crap like Ford Transit vans is that there are no cheap, reliable jap commercial vehicles on the new car market.
I don't need a car thank you. And the Chinese communists can drop dead.
Ford Tranist is considered ok here , but we have better cars like Mercedes, and some are worse, like the French cars.
French cars used to be excellent. The old Peugeots of the 50s, 60s and 70s were the most reliable and durable cars ever. Bloody accountants running everything have stuffed it up.
Australia has had Japanese cars for 40+ years. We take it for granted that you can have a car, van or pickup for 20 years and 300,000 plus kilometers and have ZERO mechanical or electrical problems.
Try getting that out of an English Ford or other Euro make today.
I can only imagine pre '85 Mercedes and Rolls-Royce.
What about USA-cars, like Dodge, RAM,...
nobody has this here, too much taxes on the horsepower of the motor.
Our transportation is one with Volvo trucks , Scania, Mercedes, DAF, ...
-
I want to buy myself some good hand-build electronics, if the prices of US products really go down here in Belgium.
Buy clothes from the US, too. A pair of Wrangler jeans we pay A$100 for is $30 in the US. Even with shipping, duty, GST and the exchange rate it's still cheaper by 40% or more.
Best mens clothing store on earth:
http://www.sheplers.com/
you'll be surprised, but US products are impossible to find here.\
only German, some Japanese, and some EU products are sold here.
Of course, most products are made by multinationals, that could be in Ar-apes hands...
I don't want Levis jeans.
they are made in Turkey.
i hate Turks.
Buy Wranglers, they're made in China.
EU protection stops a lot of goods going there at the right money. The only reason europeans buy crap like Ford Transit vans is that there are no cheap, reliable jap commercial vehicles on the new car market.
I don't need a car thank you. And the Chinese communists can drop dead.
Ford Tranist is considered ok here , but we have better cars like Mercedes, and some are worse, like the French cars.
French cars used to be excellent. The old Peugeots of the 50s, 60s and 70s were the most reliable and durable cars ever. Bloody accountants running everything have stuffed it up.
Australia has had Japanese cars for 40+ years. We take it for granted that you can have a car, van or pickup for 20 years and 300,000 plus kilometers and have ZERO mechanical or electrical problems.
Try getting that out of an English Ford or other Euro make today.
I can only imagine pre '85 Mercedes and Rolls-Royce.
What about USA-cars, like Dodge, RAM,...
nobody has this here, too much taxes on the horsepower of the motor.
Our transportation is one with Volvo trucks , Scania, Mercedes, DAF, ...
The core mechanicals of modern American and Australian cars is fine, but you get constand QC related and electrical problems.
Yes, old Rolls Royces and Mercs were long lasting but EXPENSIVE. Jap cars were not only long lasting and reliable but affordable to the average man, too.
In trucks I still prefer American deisels like Cummins or Caterpiller.
-
I want to buy myself some good hand-build electronics, if the prices of US products really go down here in Belgium.
Buy clothes from the US, too. A pair of Wrangler jeans we pay A$100 for is $30 in the US. Even with shipping, duty, GST and the exchange rate it's still cheaper by 40% or more.
Best mens clothing store on earth:
http://www.sheplers.com/
you'll be surprised, but US products are impossible to find here.\
only German, some Japanese, and some EU products are sold here.
Of course, most products are made by multinationals, that could be in Ar-apes hands...
I don't want Levis jeans.
they are made in Turkey.
i hate Turks.
Buy Wranglers, they're made in China.
EU protection stops a lot of goods going there at the right money. The only reason europeans buy crap like Ford Transit vans is that there are no cheap, reliable jap commercial vehicles on the new car market.
I don't need a car thank you. And the Chinese communists can drop dead.
Ford Tranist is considered ok here , but we have better cars like Mercedes, and some are worse, like the French cars.
French cars used to be excellent. The old Peugeots of the 50s, 60s and 70s were the most reliable and durable cars ever. Bloody accountants running everything have stuffed it up.
Australia has had Japanese cars for 40+ years. We take it for granted that you can have a car, van or pickup for 20 years and 300,000 plus kilometers and have ZERO mechanical or electrical problems.
Try getting that out of an English Ford or other Euro make today.
I can only imagine pre '85 Mercedes and Rolls-Royce.
What about USA-cars, like Dodge, RAM,...
nobody has this here, too much taxes on the horsepower of the motor.
Our transportation is one with Volvo trucks , Scania, Mercedes, DAF, ...
The core mechanicals of modern American and Australian cars is fine, but you get constand QC related and electrical problems.
Yes, old Rolls Royces and Mercs were long lasting but EXPENSIVE. Jap cars were not only long lasting and reliable but affordable to the average man, too.
In trucks I still prefer American deisels like Cummins or Caterpiller.
I have never seen an American truck in Europe. Only from tv.
I agree Toyota were strong.
My neighbour once bought a second-hand Rolls for 10,950.$A
it had 2500 km...
-
I want to buy myself some good hand-build electronics, if the prices of US products really go down here in Belgium.
Buy clothes from the US, too. A pair of Wrangler jeans we pay A$100 for is $30 in the US. Even with shipping, duty, GST and the exchange rate it's still cheaper by 40% or more.
Best mens clothing store on earth:
http://www.sheplers.com/
you'll be surprised, but US products are impossible to find here.\
only German, some Japanese, and some EU products are sold here.
Of course, most products are made by multinationals, that could be in Ar-apes hands...
I don't want Levis jeans.
they are made in Turkey.
i hate Turks.
Buy Wranglers, they're made in China.
EU protection stops a lot of goods going there at the right money. The only reason europeans buy crap like Ford Transit vans is that there are no cheap, reliable jap commercial vehicles on the new car market.
I don't need a car thank you. And the Chinese communists can drop dead.
Ford Tranist is considered ok here , but we have better cars like Mercedes, and some are worse, like the French cars.
French cars used to be excellent. The old Peugeots of the 50s, 60s and 70s were the most reliable and durable cars ever. Bloody accountants running everything have stuffed it up.
Australia has had Japanese cars for 40+ years. We take it for granted that you can have a car, van or pickup for 20 years and 300,000 plus kilometers and have ZERO mechanical or electrical problems.
Try getting that out of an English Ford or other Euro make today.
I can only imagine pre '85 Mercedes and Rolls-Royce.
What about USA-cars, like Dodge, RAM,...
nobody has this here, too much taxes on the horsepower of the motor.
Our transportation is one with Volvo trucks , Scania, Mercedes, DAF, ...
The core mechanicals of modern American and Australian cars is fine, but you get constand QC related and electrical problems.
Yes, old Rolls Royces and Mercs were long lasting but EXPENSIVE. Jap cars were not only long lasting and reliable but affordable to the average man, too.
In trucks I still prefer American deisels like Cummins or Caterpiller.
I have never seen an American truck in Europe. Only from tv.
I agree Toyota were strong.
My neighbour once bought a second-hand Rolls for 10,950.$A
it had 2500 km...
You can buy a new Toyota for the price of rebuilding the engine on an old Rolls. ::)
Best thing for an old Rolls with a tired motor is to buy one of the American conversion kits and put a 6.6 litre Chrysler V8 under the hood.
-
I want to buy myself some good hand-build electronics, if the prices of US products really go down here in Belgium.
Buy clothes from the US, too. A pair of Wrangler jeans we pay A$100 for is $30 in the US. Even with shipping, duty, GST and the exchange rate it's still cheaper by 40% or more.
Best mens clothing store on earth:
http://www.sheplers.com/
you'll be surprised, but US products are impossible to find here.\
only German, some Japanese, and some EU products are sold here.
Of course, most products are made by multinationals, that could be in Ar-apes hands...
I don't want Levis jeans.
they are made in Turkey.
i hate Turks.
Buy Wranglers, they're made in China.
EU protection stops a lot of goods going there at the right money. The only reason europeans buy crap like Ford Transit vans is that there are no cheap, reliable jap commercial vehicles on the new car market.
I don't need a car thank you. And the Chinese communists can drop dead.
Ford Tranist is considered ok here , but we have better cars like Mercedes, and some are worse, like the French cars.
French cars used to be excellent. The old Peugeots of the 50s, 60s and 70s were the most reliable and durable cars ever. Bloody accountants running everything have stuffed it up.
Australia has had Japanese cars for 40+ years. We take it for granted that you can have a car, van or pickup for 20 years and 300,000 plus kilometers and have ZERO mechanical or electrical problems.
Try getting that out of an English Ford or other Euro make today.
I can only imagine pre '85 Mercedes and Rolls-Royce.
What about USA-cars, like Dodge, RAM,...
nobody has this here, too much taxes on the horsepower of the motor.
Our transportation is one with Volvo trucks , Scania, Mercedes, DAF, ...
The core mechanicals of modern American and Australian cars is fine, but you get constand QC related and electrical problems.
Yes, old Rolls Royces and Mercs were long lasting but EXPENSIVE. Jap cars were not only long lasting and reliable but affordable to the average man, too.
In trucks I still prefer American deisels like Cummins or Caterpiller.
I have never seen an American truck in Europe. Only from tv.
I agree Toyota were strong.
My neighbour once bought a second-hand Rolls for 10,950.$A
it had 2500 km...
You can buy a new Toyota for the price of rebuilding the engine on an old Rolls. ::)
Best thing for an old Rolls with a tired motor is to buy one of the American conversion kits and put a 6.6 litre Chrysler V8 under the hood.
if you drive a 6,6 litre in Belgium , you pay at least 3000 € tax, just for driving with this engine.
that's why we all drive 2l motors.
In Denmark, a car cost roughly twice as much as in Germany. (100% tax)
Danes drive small cars...
-
I want to buy myself some good hand-build electronics, if the prices of US products really go down here in Belgium.
Buy clothes from the US, too. A pair of Wrangler jeans we pay A$100 for is $30 in the US. Even with shipping, duty, GST and the exchange rate it's still cheaper by 40% or more.
Best mens clothing store on earth:
http://www.sheplers.com/
you'll be surprised, but US products are impossible to find here.\
only German, some Japanese, and some EU products are sold here.
Of course, most products are made by multinationals, that could be in Ar-apes hands...
I don't want Levis jeans.
they are made in Turkey.
i hate Turks.
Buy Wranglers, they're made in China.
EU protection stops a lot of goods going there at the right money. The only reason europeans buy crap like Ford Transit vans is that there are no cheap, reliable jap commercial vehicles on the new car market.
I don't need a car thank you. And the Chinese communists can drop dead.
Ford Tranist is considered ok here , but we have better cars like Mercedes, and some are worse, like the French cars.
French cars used to be excellent. The old Peugeots of the 50s, 60s and 70s were the most reliable and durable cars ever. Bloody accountants running everything have stuffed it up.
Australia has had Japanese cars for 40+ years. We take it for granted that you can have a car, van or pickup for 20 years and 300,000 plus kilometers and have ZERO mechanical or electrical problems.
Try getting that out of an English Ford or other Euro make today.
I can only imagine pre '85 Mercedes and Rolls-Royce.
What about USA-cars, like Dodge, RAM,...
nobody has this here, too much taxes on the horsepower of the motor.
Our transportation is one with Volvo trucks , Scania, Mercedes, DAF, ...
The core mechanicals of modern American and Australian cars is fine, but you get constand QC related and electrical problems.
Yes, old Rolls Royces and Mercs were long lasting but EXPENSIVE. Jap cars were not only long lasting and reliable but affordable to the average man, too.
In trucks I still prefer American deisels like Cummins or Caterpiller.
I have never seen an American truck in Europe. Only from tv.
I agree Toyota were strong.
My neighbour once bought a second-hand Rolls for 10,950.$A
it had 2500 km...
You can buy a new Toyota for the price of rebuilding the engine on an old Rolls. ::)
Best thing for an old Rolls with a tired motor is to buy one of the American conversion kits and put a 6.6 litre Chrysler V8 under the hood.
if you drive a 6,6 litre in Belgium , you pay at least 3000 € tax, just for driving with this engine.
that's why we all drive 2l motors.
In Denmark, a car cost roughly twice as much as in Germany. (100% tax)
Danes drive small cars...
Australians and Americans are all driving 2.5 metric tonne 4WDs. I must admit gas guzzlers should be taxed more. A good, long stroke , large 4 cyl engine is adequate for a mid size 4WD or pickup like a Toyota Hilux/Tacoma.
-
about the $.
What is actually happening?
-
Re: "...about the $.
What is actually happening?..."
Our economy is imploding.
"The chickens have finally come home to roost".
We're on the "Road to Weimar", only much worse this time, because in order to push a wheelbarrow full of cash to market, we now have to buy the wheelbarrows from the Communist Red Chinese!
Hey!...Did you notice how the world markets began falling within 24 hours of Bush proclaiming to the world that the Jews are "Occupiers" of Judaea and Samaria and Jerusalem?
What?...you say there's "no correlation"?...OK...watch what happens next!
-
Re: "...about the $.
What is actually happening?..."
Hey!...Did you notice how the world markets began falling within 24 hours of Bush proclaiming to the world that the Jews are "Occupiers" of Judaea and Samaria and Jerusalem?
What?...you say there's "no correlation"?...OK...watch what happens next!
ok, you think there will be a crash like in '29?
-
Re: "...about the $.
What is actually happening?..."
Our economy is imploding.
"The chickens have finally come home to roost".
We're on the "Road to Weimar", only much worse this time, because in order to push a wheelbarrow full of cash to market, we now have to buy the wheelbarrows from the Communist Red Chinese!
Hey!...Did you notice how the world markets began falling within 24 hours of Bush proclaiming to the world that the Jews are "Occupiers" of Judaea and Samaria and Jerusalem?
What?...you say there's "no correlation"?...OK...watch what happens next!
Invest in China.
-
Ambiorix: "... you think there will be a crash like in '29?..."
Much, much worse.
Because there is more debt worldwide today than there is money to pay it back!
The U.S. has been completely bankrupt for some time now, and the liars and gangsters running the country just keep deceiving the public and printing more and more money with absolutely no backing for any of it.
Each family in the U.S. owes approximately $500,000.00 total debts (not from personal spending, but from unpaid debt to pay back foreign lenders who loan the Government funds to finance the Federal Government's deficit spending which is absolutely out of control).
In addition, there's the personal debts for charge cards which more and more Americans are finding themselves unable to pay.
Then, there's the additionaly Trade Deficit which is also out of control and getting worse by the day.
Bush just keeps spending hundreds of billions upon hundreds of billions of dollars to spend on his "wars"; having long ago bankrupted whatever was left of our Treasury.
And even under Clinton the Federal Government took all of the Social Security Trust Funds & stole them, ending any possibility of pensions or security for retirees.
Things are so insane that 4 Trillion dollars disappeared into the Pentagon budget, has never been accounted for to the Congress, and there never was a formal "accounting" as demanded by law, yet the spineless gangsters running the government here simply decided that they would just forget about it and look the other way.
The U.S. today is like a crack-head/junkie/alcoholic who's run all over the town borrowing thousands and thousands of dollars from dangerous people, in order to finance his out of control drug & alcohol addiction. He's promised each and every one of the gangsters that "he'd pay them back within a week", and now all the drugs he bought are gone, he needs more and more just to stay alive, and he owes more money than he could every possibly pay to violent and dangerous people who now want their money back...or else!
-
Ambiorix: "... you think there will be a crash like in '29?..."
Much, much worse.
Because there is more debt worldwide today than there is money to pay it back!
The U.S. has been completely bankrupt for some time now, and the liars and gangsters running the country just keep deceiving the public and printing more and more money with absolutely no backing for any of it.
Each family in the U.S. owes approximately $500,000.00 total debts (not from personal spending, but from unpaid debt to pay back foreign lenders who loan the Government funds to finance the Federal Government's deficit spending which is absolutely out of control).
In addition, there's the personal debts for charge cards which more and more Americans are finding themselves unable to pay.
Then, there's the additionaly Trade Deficit which is also out of control and getting worse by the day.
Bush just keeps spending hundreds of billions upon hundreds of billions of dollars to spend on his "wars"; having long ago bankrupted whatever was left of our Treasury.
And even under Clinton the Federal Government took all of the Social Security Trust Funds & stole them, ending any possibility of pensions or security for retirees.
Things are so insane that 4 Trillion dollars disappeared into the Pentagon budget, has never been accounted for to the Congress, and there never was a formal "accounting" as demanded by law, yet the spineless gangsters running the government here simply decided that they would just forget about it and look the other way.
The U.S. today is like a crack-head/junkie/alcoholic who's run all over the town borrowing thousands and thousands of dollars from dangerous people, in order to finance his out of control drug & alcohol addiction. He's promised each and every one of the gangsters that "he'd pay them back within a week", and now all the drugs he bought are gone, he needs more and more just to stay alive, and he owes more money than he could every possibly pay to violent and dangerous people who now want their money back...or else!
Is it a good idea to buy gold, valuable metals now, or is not predictable when the USA will disintegrate.
Will it ruin EU countries?
-
Ambiorix: "... you think there will be a crash like in '29?..."
Much, much worse.
Because there is more debt worldwide today than there is money to pay it back!
The U.S. has been completely bankrupt for some time now, and the liars and gangsters running the country just keep deceiving the public and printing more and more money with absolutely no backing for any of it.
Each family in the U.S. owes approximately $500,000.00 total debts (not from personal spending, but from unpaid debt to pay back foreign lenders who loan the Government funds to finance the Federal Government's deficit spending which is absolutely out of control).
In addition, there's the personal debts for charge cards which more and more Americans are finding themselves unable to pay.
Then, there's the additionaly Trade Deficit which is also out of control and getting worse by the day.
Bush just keeps spending hundreds of billions upon hundreds of billions of dollars to spend on his "wars"; having long ago bankrupted whatever was left of our Treasury.
And even under Clinton the Federal Government took all of the Social Security Trust Funds & stole them, ending any possibility of pensions or security for retirees.
Things are so insane that 4 Trillion dollars disappeared into the Pentagon budget, has never been accounted for to the Congress, and there never was a formal "accounting" as demanded by law, yet the spineless gangsters running the government here simply decided that they would just forget about it and look the other way.
The U.S. today is like a crack-head/junkie/alcoholic who's run all over the town borrowing thousands and thousands of dollars from dangerous people, in order to finance his out of control drug & alcohol addiction. He's promised each and every one of the gangsters that "he'd pay them back within a week", and now all the drugs he bought are gone, he needs more and more just to stay alive, and he owes more money than he could every possibly pay to violent and dangerous people who now want their money back...or else!
Is it a good idea to buy gold, valuable metals now, or is not predictable when the USA will disintegrate.
Will it ruin EU countries?
Basically, were is there a safe place, when this <<much worse crash>> happens?
-
Basically, were is there a safe place, when this <<much worse crash>> happens?
China.
-
China is the biggest enemy to America in the future :( >:(
-
well let's stop buying their products then....
urrr...
They don't make those products over here anymore...
-
China scares me. They are biding their time. Waiting for WWIII to start. Once that happens, they will start engulfing nearby territories.
-
That's why we need a strong Russia.
-
That's why we need a strong Russia.
A strong Russia is the LAST thing we need. Who says Russia isn't strong now? A strong Japan would be good for the Geo-political atmosphere becasue China and Russia are already bed fellows and ideological brethren....
We are going to be in a big mess.......soon...
-
For me , a strong Russia is needed, to protect our East borders, and keep the vital Siberian regions in Russian/European hands.
We don't want the Turks and the mongols in our backyard.
The European multi-cultural states are now disintegrating into racial/religious war zones,
So maybe I'll flee, to Russia.