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A Man of Wealth and Taste
 
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Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
BTW..they..the government doesn't need you Retirment Accounts....they already have them and every sort of other financial instrument in the world....THE FED IS PRINTING AN UNLIMITED AMOUNT OF MONEY WITH THE QE PROGRAM..In other words anybody who has financial assets is BEING TAXED...So BEND OVER AND KISS YOUR BROWN EYE GOODBYE!!!

And the answer to the question is...

1. The USD is the Reserve Currency to the World...now the Chinie are starting to use the Yuan to trade oil with Iran, granted but it is far too late for the Chinie to avoid getting their feet wet.

2. Everybody in the World hols US debt instruments

3. US financial instutions are intertwined Globally..as the US is the progenitior of the Global economy

4. The US military acts as the Policeman to the World and if we cannot pay to keep the US Navy on the JOB????

Now some of U might understand why I said about 2 years ago that we are in for an Age of Darkness...anybody wana tell me to CHILL NOW?

Hey even Issacs former head of the FDIC the week before last said on CNBC that if Barry gets reupped in November that we are in for a "long dark period."
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Last edited by tabs; 09-30-2012 at 04:39 PM..
Old 09-30-2012, 04:35 PM
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