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Left hand of government, meet your new best friend, the right hand of government. Why is the right hand severed at the shoulder, and in the hands of an international banking cartel, I cannot say definitively!
But I can say, check out the latest from the Capital Research Institute "United States of Corruption & Injustice"
America isn’t the only country with serious problems, but the US dollar is still the world’s reserve currency (for now), so what happens in America invariably impacts the entire world. As such, its problems are typical of those found across the entire world. Problems such as:
The nation has completely lost sight of its founding ideals...
I've asked before on other posts and I asking again. What is the end game? How does the Beast intend to extricate itself? Is history going to rhyme?
A lot more.
You were supposed to write "Sure."
How about, "four"?
Retired General Wesley Clark said that within weeks after 9/11, the gameplan was to take out 7 countries in 5 years.
Iraq, Afghanistan, Libya, Pakistan...
Who's next? Iran? Syria? Who's the seventh?
Pakistan wasn't on the list (at the time)
It was Iraq, Syria, Lebanon, Libya, Somalia, Sudan, and then Iran.
Venezuela, Yemen and anyone else who doesn't play Monopoly.
War with China could reduce US Treasury debt, the Fed could just create some more to fill in the void.
didn't you catch the haarp attack on the foxconn factory?
Surprising that the General hasn't had any boating accidents yet.
unnecessary - no one listens to him. even bill fired him
The end game is a new reserve currency being created and the US economy dying a slow painful death.
...and slowly becomes just another third world country. So get yours while you can because "on a long enough timeline the survival rate for everyone drops to zero".
"The end game is a new reserve currency being created and the US economy dying a slow painful death."
Simple: anyone who owns paper is going to get paid back 10 cents (max) on the dollar.
Doesn't matter what type, all paper assets are ultimately a claim on someone else's future output.
We have a bubble in claims on a shrinking amount of real human output. We can play games with the financial (accounting) system for a while, but at some point the work output needs to pay the creditors.
The current "paper era" will end in tears.. then we'll get back to doing real work and wondering what the hell we were thinking....
There are two choices for the end game:
1. Denial. They will ride it out to the bitter end, al la the Western Roman Empire.
2. Global government. Let the thing crash, then REALLY whip up the publicity machine and ride in with the new "man with a plan" to erase the fractuous foolishnesses of the past and bring in a modern, technological, efficient super-state. Throw in a new currency and a base level of welfare for everyone.
Actually, the 'plan' is probably 1 + 2.
The Honorable Dr. Ben S. Bernanke has made an incredible job so far, in financing a gargantuan government deficit with printed money leveraged x10 by the PDs without producing a single % of consumer inflation.
or a single % of real added value. Can price discovery be ignored forever? Stay tuned.
Don't Feed the Trolls
Ah come on, entertainment purposes only, I promise. Even a train chimp won't dance if you don't feed him from time to time.
ask the minkey, he's the businessman!
I am pretty certain Mr. HamyWanger is just pulling our leg with all these comments:D
On a long enough timeline, the number of ZH posters who know HamyWanger is a parody of a troll drops to zero.
When did HarryWags kill himself?
I guess the real answer is many times over
Treasury Debt, the real bubble.
And why can't people see this? It is so apparent.
They don't want to see it. That would require them to make a choice: Either to be a coward or a hero. They flee such choices.
Gold is up, DXY is up, Stocks are down, oil is up... On a technical analysis, It looks like one big lump of shit
Boy oh boy, the FED must be one of the wealthy institutions on the planet... they even lend money to governments! Anyone know where they got their wealth from? Did they make a genius product/invention in the past which revolutionized the world and made them hugely wealthly that they could lend money to governments and buy debt from countries as big as the USA... Boy oh boy, they must have gold and silver by the truck load down there at the FED.
Even the Fed won't fight the Fed. What happens if the Fed defaults?
you're forgeting pensions, ss, 401ks. it's all your money (i'm canadian) and you let them take it without a fight? did i subscribe to CNN for naught?
CNN is great for the obscene
Mom botoxing 8 year old girl?
Our society fell apart a long ago, and CNN is the freak show
How much longer before the Fed holds more treasuries than the rest of the world combined?
We'll be hitting the nitrous button soon and blowing the competition away... A 1st place finish to make us all proud.
I have a very simple question. If the Federal Reserve is buying US Treasurys, what are they buying them WITH? I assume they are buying them with borrowed money. But who do they borrow from? Member banks? And do these banks then borrow from the Feds in order to lend to the Feds?
Funds are created out of thin air at some point. But how does it all get recorded on the books?
Looking at the process from the outside it looks as if Vinnie and Charlie are both broke, so they get together and agree to lend each other $1000 bucks and then go off happy because now they both are flush.
The money is created ex nihilo since the start. The FED buys back USTs from the primary dealers at a privileged price in fresh cash money.
If you believe USTs have the intrinsic value at which the FED buys them back (i.e. if you're a Keynesian liberal like me), then no money is really printed. But for redneck libertarians, USTs have a real value close to zero, so it's like money has been printed out of thin air.
You should have chosen the handle "HamishWanger", and then you could have delivered all your mock posts in Scots, and had us all REALLY confused!
then Rutledge would've had to shoot him.
Keynsian Liberals don't believe in Intrinsic value. You have just outed yourself as a closet Austrian.
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