Bad news on the doorstep of the Western World

pwd72s · 08-11-2016, 10:32 PM

Erdogan Threatens To Abandon US Dollar In Trade With Russia | Zero Hedge

tabs · 07:28 AM

Well fk Miller, Dipso, KACthchi, Cockinmouth, Pcardoodie, Widi, Not a, and all the rest of the Democrat scum in azz. Puttini and Ertogan just bent you over.

tabs · 07:41 AM

Of all the topics to ignore on this Board? This topic is the one that effects your future and your children's futures the most.

You can give BO's foreign policy and spend till you drop government a resounding round of applause for this state of affairs.

The end result of a continuation of this sort of thing is that your money and bonds are no fking good.* Worthless pieces of toilette paper. Americans don't get it, everybody else in the world gets it about their currencies, why don't Americans get it about theirs?

* Everything you have will become worthless, RE, pension funds, stocks, 401K's, your prized baseball card collection of Hummels. Read about Weimar Germany in the 20's and 30's, Argentina, Brazil, Mexico and think globally.

Amail · 08-12-2016, 07:41 AM

I'm guessing PARF?

tabs · 08-12-2016, 07:52 AM

Quote:

Originally Posted by Amail

I'm guessing PARF?

This is not politics nor religion....this is pure economics. The leadership merely reflects the current mind set of Americans.

The mere fact that you want to sweep these unpleasant thoughts off to PARF is reflective of that Eloi mindset.

JD159 · 08-12-2016, 07:58 AM

Quote:

Originally Posted by tabs

This is not politics nor religion....this is pure economics. The leadership merely reflects the current mind set of Americans.

The mere fact that you want to sweep these unpleasant thoughts off to PARF is reflective of that Eloi mindset.

Is PARF your only outlet for making change or do you have others??

We can talk and talk about what is happening vs what should be done, but what can we actually do about it?? What do you do about it??

pwd72s · 08:28 AM

My bad...I thought I was posting this on PARF...I made another thread there.

(edit) BTW, I pretty much agree with Tabs on this...

creaturecat · 08-12-2016, 08:58 AM

why should their BILATERAL trade be conducted in US dollars?
please enlighten me.
before the sky falls.

speeder · speeder's Garage

That's ok, you'll figure out this whole Internet posting thing eventually.

pwd72s · 08-12-2016, 09:03 AM

Quote:

Originally Posted by creaturecat

why should their BILATERAL trade be conducted in US dollars?
please enlighten me.
before the sky falls.

Because the US dollar has been used in international trade...the official currency. It shows another flaw in our current foreign policy.

RANDY P · RANDY P's Garage

Quote:

Originally Posted by creaturecat

why should their BILATERAL trade be conducted in US dollars?
please enlighten me.
before the sky falls.

1) it's the only currency that is stable and reasonably certain it isn't going to turn to worthless paper. No one trades in Iraqi Dinars for a reason.

2)- the USA can manipulate its value, which is great for the USA and before you blab back, I do agree with it. Better the USA than someone else. The other countries don't like it? Fine, use your currency see if anyone accepts it.

rjp

speeder · speeder's Garage

Quote:

Originally Posted by tabs

Of all the topics to ignore on this Board? This topic is the one that effects your future and your children's futures the most.

You can give BO's foreign policy and spend till you drop government a resounding round of applause for this state of affairs.

The end result of a continuation of this sort of thing is that your money and bonds are no fking good.* Worthless pieces of toilette paper. Americans don't get it, everybody else in the world gets it about their currencies, why don't Americans get it about theirs?

* Everything you have will become worthless, RE, pension funds, stocks, 401K's, your prized baseball card collection of Hummels. Read about Weimar Germany in the 20's and 30's, Argentina, Brazil, Mexico and think globally.

There is a common thread among people who are really smart. You can see it in Nostatic or MRM or earlySman or Grady Clay on this board. They have more than a hint of humility that comes from having a concept about how much there truly is to know and usually some patience w the rest of us.

The sign of an absolute idiot, almost without fail, is that they think they know everything. Donald Trump springs to mind, as well as a small number of posters here.

Amail · 08-12-2016, 09:38 AM

Quote:

Originally Posted by tabs

This is not politics nor religion....this is pure economics. The leadership merely reflects the current mind set of Americans.

The mere fact that you want to sweep these unpleasant thoughts off to PARF is reflective of that Eloi mindset.

Yeah, sorry, it's politics.

tabs · 08-12-2016, 10:06 AM

Quote:

Originally Posted by speeder

There is a common thread among people who are really smart. You can see it in Nostatic or MRM or earlySman or Grady Clay on this board. They have a more than a hint of humility that comes from having a concept about how much there truly is to know and usually some patience w the rest of us.

The sign of an absolute idiot, almost without fail, is that they think they know everything. Donald Trump springs to mind, as well as a small number of posters here.

There is no mystery.

The mere fact that I listen and respond to your and everyone elses (without being reactive) claims, accusations, questions, challenges, inquires belies the validity of your above observation.

tabs · 08-12-2016, 10:08 AM

Quote:

Originally Posted by JD159

Is PARF your only outlet for making change or do you have others??

We can talk and talk about what is happening vs what should be done, but what can we actually do about it?? What do you do about it??

I am an E F Hutton.

Crowbob · 08-12-2016, 10:14 AM

Quote:

Originally Posted by JD159

Is PARF your only outlet for making change or do you have others??

We can talk and talk about what is happening vs what should be done, but what can we actually do about it?? What do you do about it??

Other than to prepare ourselves psychologically, not much.

So much can go so wrong so fast that protecting yourselves from all of them is not possible.

Nothing else matters if you do not survive the initial panic and subsequent reassertion of authority.

What you possess when it hits is likely all you will have until stability returns and the recovery gets underway. Depending on the severity of the upheaval and the earnestness of the new authority, stability and recovery could take months or years or even decades. Or never happen at all.

Amail · 08-12-2016, 10:18 AM

Quote:

Originally Posted by tabs

I am an E F Hutton.

tabs · 08-12-2016, 10:31 AM

Quote:

Originally Posted by Amail

Yeah, sorry, it's politics.

This is an issue that transcends the political aspects, and goes to where your next meal is going to come from.

tabs · 08-12-2016, 10:41 AM

Quote:

Originally Posted by Amail

I have been called that before along with everything else in the book. Adversity is nothing new to me.

So unless you can substantiate your claim you can take it and shove it up where the sun dont shine.

JD159 · 08-12-2016, 10:50 AM

Quote:

Originally Posted by Crowbob

Other than to prepare ourselves psychologically, not much.

So much can go so wrong so fast that protecting yourselves from all of them is not possible.

Nothing else matters if you do not survive the initial panic and subsequent reassertion of authority.

What you possess when it hits is likely all you will have until stability returns and the recovery gets underway. Depending on the severity of the upheaval and the earnestness of the new authority, stability and recovery could take months or years or even decades. Or never happen at all.

Who is this ominous "them"???

So what's everyone doing this weekend to prepare for the upheaval?

I'm having a timing belt and upheaval preparation party! Who's in??