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  • Don't Be Fooled by Inflation [View article]
    There is only one way we can survive our lousy dollar and that is spending less abroad. I do not mean buy American as such but produce American. The product oil and other energy products/solutions. Obama's distaste for drilling will be his fatal error in helping America now and the future. His delusional belief in a qucik green answer to our future is just that..delusional. Green can be and should be a part of the future but we can not just throw out an obvious energy source. It is delusional and therefore childish. In energy he appears so with it and the future but he really is so 60's. Retro Man.
    May 10 10:24 am |Rating: +12 -5 |Link to Comment
  • Global Economic Revival Plan Must Include Realignment of Exchange Rates  [View article]
    One must remember that fiat currencies are themselves a product.
    Mar 13 09:24 am |Rating: 0 0 |Link to Comment
  • G-20 Summit: A New World Order? [View article]
    The sorry truth is not one member of the G-20 is going to agree to anything of substance. Countries like Brasil want hand outs even though they have large dollar and € reserves.

    In truth all the currencies are heading to zero value. None of us will like it and many will suffer but depression is the answer.
    Nov 13 10:15 am |Rating: 0 0 |Link to Comment
  • The G-20 Sings a Song of Sixpence [View article]
    The IMF lost any meaning for decades and is still around. Useless and best know for pasture and reward for political hacks and people needing a line on their resume.

    If every country is near broke where will this IMF get the money to shore up Iceland, Russia, etc.?

    This crisis lacks anyone who really understands what is going on and who has the following to push a solution through.
    Nov 13 10:04 am |Rating: 0 0 |Link to Comment
  • Reverse Carry Trade Borrowing Proves Deadly [View article]
    I just do not know where to start. The United States as the lender of last resort? What a hellish idea. We are broke. The dollar is near worthless in the long term. One case comes to mind. Brasil. Brasil is overloaded with US$ and €. Why can't they use these up to shore up their banks? Some thing crazy is going on here. If some of these countries go under then let them go. The fantasy of a global economy is over. Let us clean up USA first. If we succeed then the others will follow.
    Nov 02 09:20 am |Rating: 0 0 |Link to Comment
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