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#1 | |
Avalon Senior Member
Join Date: Sep 2008
Location: Turtle Island
Posts: 2,776
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Blessings skjted,
I understand your cynicism and I've been there before, although now I choose to believe the people who are waking up can make a difference and knowing what cr4p is happening gives those, who choose, the opportunity to focus on a real recovery and overcoming those that believe they are in control. I agree with Seashore's thought! PaL From: G. Edward Griffin http://www.realityzone.com/currentperiod.html Quote:
January 25, 2010 12:13 PM Geithner: Rejecting Bernanke Would Have "Very Troubling" Consequences Posted by Kevin Hechtkopf CBS News Treasury Secretary Timothy Geithner is warning that a Senate rejection of Federal Reserve Chairman Ben Bernanke's nomination for a second term would lead to "very troubling" reaction from the financial markets. Continues: http://www.cbsnews.com/blogs/2010/01...y6139243.shtml |
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#2 | |
Project Avalon Member
Join Date: Sep 2008
Location: Riverside, ca.
Posts: 898
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![]() I'd have to say no. You cannot expect criminals to prosecute criminals for doing the same things they did, and are doing this very moment. Member... crazy does not mean stupid. Fred (who should outa know)
__________________
"Life IS mystical! It's just that we're used to it" Evil cannot be killed. Only redeemed. Chat us up at: Avalon Chat |
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#3 | |
Avalon Senior Member
Join Date: Sep 2008
Location: LA County
Posts: 361
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When you look at the bigger picture outside of the US, our little game here doesn't really matter any more. Our biggest export is derivatives. We don't provide any major export of value any more. The rest of the countries are catching on and deleveraging from their dollar position, which is forcing the dollar to be dumped as the dollar reserve currency. No matter how you look at it, with the excessive debt we have and the decoupling of the dollar from future investment, we are having a currency collapse. Look at where Iceland is right now. They are where we will be in 2-3 years. The system must collapse because it won't be able to stand under its own weight any more. When, where, and how I don't know. But, I do know that every single facet of it is 100% unsustainable and merely pointing the finger at some figure like Geithner may look good for the press, but will do nothing to reform the system. When it fails, if there are enough people who are awakened, it will be replaced by a better, more equitable system. This is where my focus is going. If you'd like to see the play-by-play, take a look at www.zerohedge.com. These people are industry insiders and they know what is going on. On this forum, you will see what everyone in international finance is thinking privately, but will never say publicly. --sjkted |
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