|
|
Post by magellan on Jun 10, 2012 5:48:55 GMT
The U.K. debt to GDP is approaching 1000%!! If/when eyes are focused on the U.K., say bye bye. flearider, the U.S. dollar is the world's reserve currency, not the Euro. Iran and Russia were going to dump the dollar, not because of any special love for the Euro. The Euro is dying because of.....Europe. Don't worry though, Obama said we should follow the European economic model, and that's what he's been doing with expediency. The same will happen in the U.S. (already downgraded, first time in history) as in Europe unless extraordinary measures are taken to reign in runaway spending. Exiting as the reserve currency is not a pretty sight. Keep in mind Europe is the U.S.' largest importer. And Greece? Consider Greece imports its food, energy and medicine. If it leaves the Euro, it will become third world status in a few short months. Since the Greek population sucking off the public teet refuse to accept reality, their country is doomed. The problem with Socialism is eventually you run out of other people's money. reserve currency hmm not quiet the dollar was forced upon people to trade oil this is what the usa has built everything on .. if this was to be taken away it would colapse .. the moneymen( Bilderberg Group,Rockefellerand the rest) know this and do everything in there power to stop it happening ..they pick the goverments to do what they need ..iran after building its off shore oil terminal said it wanted to trade in euros same with iraq ..iraq was taken care of iran being bigger they took another route .. uranium.. myself i look at the us as another germany your rights have been given away in the name of protection ... look at history to see whats next .. but hey if ya want to keep going lets start another thread ..[/quote] flearider, I may not know much, but history and how the monetary system works I know enough. Europe is sinking under it's own weight. The Federal Reserve has been pumping 15+ TRILLION DOLLARS propping up various banks around the world, including Europe. People think TARP, which Congress approved and Bush signed, was the only money spent on "saving" the banks. Ha! Just the hint of QE3 drove stocks up this week. It is all monopoly money now; fiat currency. I know about Bilderbergs et al, no need to lecture, really. Europe is hopeless. The U.S. is not far behind. Here, if you don't believe me about the U.K. debt, I found this at Zero Hedge, which I don't read often, but his number is 950%. www.zerohedge.com/news/psssst-france-here-why-you-may-want-cool-it-britain-bashing-uks-950-debt-gdpThe U.S. rebuilt the world after WWII. If the U.S. were the Imperialist Colonizer people accuse us of, we could have controlled the world, literally. We held all the cards after the war, and had the Bomb. Who could have stopped the U.S.? Answer: nobody. The U.S. held the cards financially as well, and with that our economy boomed while at the same time the rebuilding of Europe and Japan occurred. We have the Constitution. Now we need leaders who will follow it. There is a reason why China is buying up gold, and why I did over 10 years ago. A collapse is coming to be sure, but the next one will be worse than the Great Depression (which was only called that in the U.S.) because of FDR. reserve currency hmm not quiet the dollar was forced upon people to trade oil this is what the usa has built everything on .. flearider, I don't know where you get your information from, but may I suggest first understanding what it means to have reserve status, and what caused GB to lose it. And BTW, oil is what has given Western Civilization it's standard of living unheard of in all of history. What's wrong with that? What is it about Europeans that bash the U.S. ? |
|
|
|
Post by flearider on Jun 10, 2012 11:41:45 GMT
We have the Constitution. Now we need leaders who will follow it.... ok i'm not getting at the american people all people are the same we work to survive we produce so so few don't have to do anything ..
but you have no Constitution left homeland security took care of that ..and all the presidential bills that bush and obahma have pushed thru ...
never mind companys paying off your senators and governers ..you call it lobbying . we call it bribes ..
and i do know that the usa and uk rest of eruope is going down the tubes ..
but ask yourself why and look behind the curtain ..
your county like many others are being used by the money men ..the simple fact
|
|
|
|
Post by glennkoks on Jun 12, 2012 1:06:39 GMT
magellan, I never claimed that Mr. Obama has "blessed" anything. Only that he is not trying to destroy it. Oil Production is at an 11 year high, there are more rigs drilling in the U.S. than in the rest of the world combined and we have drilled ourselves into a natural gas surplus not seen in years.
And you failed to answer my question. Just when is the U.S. dollar going to lose it's status as the world's reserve currency? Months, one or two years, five or ten years.... longer? Because I don't see it happening for decades if at all.
|
|
|
|
Post by glennkoks on Jun 12, 2012 1:10:24 GMT
Bilderberger's, Tri-Lateral Commision, Bigfoot, the Easter Bunny, JFK....
|
|
|
|
Post by sigurdur on Jun 12, 2012 2:20:09 GMT
glenn:
When China supasses the US in world measured GDP......the dollar will take a hit.
I think by 2030 the Yuan will be the world currency. That assumption is made that the USA not change current policy regarding spending and taxation.
We either have to start paying our way or we are doomed to the ash heap of history.
|
|
|
|
Post by trbixler on Jun 12, 2012 3:08:10 GMT
So it is resolved that Obama's EPA's position on CO2 and mercury are business friendly and indeed will encourage cheaper energy for all. Meanwhile will lower the jobless numbers while increasing tax income. This is all possible while extending healthcare to peoples who cannot pay for the care. While encouraging expanded home ownership. Further allowing growth thru free education for all at all levels. Why indeed from each according to his ability to each according to their needs.
|
|
|
|
Post by glennkoks on Jun 12, 2012 3:09:55 GMT
sigurdur, I do not doubt the seriousness of our fiscal issues. And yes we have to start paying our way. And I will even add that China will probably surpass the U.S. in world GDP closer to 2020 than 2030 if you consider their current economic growth.
However, China has economic issues of their own. There are entire cities that have been built and sit vacant because they are worth much more on paper than they can get in rent. The average worker in China cannot afford them and the make believe price tag that they put on this property so it sits vacant with the owners only possibility of making money is a continued upward movement in the price. And we all know what happens to bubbles. They burst. And China's real estate bubble is far bigger than any bubble the world has ever seen.
Then there is the whole currency manipulation in China. The world knows the Yuan is not priced anywhere near where it would be in the free market. Add the inflation into the equation and you would be a fool to sell your dollars for the Yuan.
The biggest economy is not necessarily the best. One only needs to look at the Swiss to see that.
No need to fear anyone but ourselves and the politicians we continually elect. The Bilderberger's and global conspiracy theorists are just economic fairy tales.
|
|
|
|
Post by magellan on Jun 13, 2012 16:38:28 GMT
sigurdur, I do not doubt the seriousness of our fiscal issues. And yes we have to start paying our way. And I will even add that China will probably surpass the U.S. in world GDP closer to 2020 than 2030 if you consider their current economic growth. However, China has economic issues of their own. There are entire cities that have been built and sit vacant because they are worth much more on paper than they can get in rent. The average worker in China cannot afford them and the make believe price tag that they put on this property so it sits vacant with the owners only possibility of making money is a continued upward movement in the price. And we all know what happens to bubbles. They burst. And China's real estate bubble is far bigger than any bubble the world has ever seen. Then there is the whole currency manipulation in China. The world knows the Yuan is not priced anywhere near where it would be in the free market. Add the inflation into the equation and you would be a fool to sell your dollars for the Yuan. The biggest economy is not necessarily the best. One only needs to look at the Swiss to see that. No need to fear anyone but ourselves and the politicians we continually elect. The Bilderberger's and global conspiracy theorists are just economic fairy tales. The Bilderberger's and global conspiracy theorists are just economic fairy tales. An imaginary story Watts made up.....got it. wattsupwiththat.com/2012/06/12/from-rio-20-the-future-we-dread/ |
|
|
|
Post by glennkoks on Jun 13, 2012 17:25:26 GMT
magellan, does the link you provided somehow prove the existance of a plan contrived by the Bilderberger group to establish one world government? Because I am failing to see much of a connection.
|
|
|
|
Post by magellan on Jun 15, 2012 16:06:26 GMT
glenn: When China supasses the US in world measured GDP......the dollar will take a hit. I think by 2030 the Yuan will be the world currency. That assumption is made that the USA not change current policy regarding spending and taxation. We either have to start paying our way or we are doomed to the ash heap of history. Pay with what? |
|
|
|
Post by magellan on Jun 15, 2012 16:13:19 GMT
magellan, does the link you provided somehow prove the existance of a plan contrived by the Bilderberger group to establish one world government? Because I am failing to see much of a connection. What do you know about the Bilderberg group, really? Second, you said: The Bilderberger's and global conspiracy theorists are just economic fairy tales. You will say with a straight face there is no plan set in place by the U.N. for global governance? |
|
|
|
Post by glennkoks on Jun 15, 2012 18:20:48 GMT
magellan, no there is no plan by the U.N. for global governance, no one world order,no one worldwide currency, no bigfoot and no easter bunny. But I could be wrong about bigfoot.
|
|
|
|
Post by hrizzo on Jun 15, 2012 20:03:22 GMT
UN's Agenda 21: "The concept of national sovereignty has been an immutable, indeed sacred, principle of international relations. It is a principle which will yield only slowly and reluctantly to the new imperatives of global environmental cooperation. It is simply not feasible for sovereignty to be exercised unilaterally by individual nation states, however powerful. The global community must be assured of environmental security." "It is the responsibility of each human being today to choose between the force of darkness and the force of light. We must therefore transform our attitudes, and adopt a renewed respect for the superior laws of Divine Nature." "Current lifestyles and consumption patterns of the affluent middle class - involving high meat intake, use of fossil fuels, appliances, air-conditioning, and suburban housing - are not sustainable. A shift is necessary which will require a vast strengthening of the multilateral system, including the United Nations." www.un.org/esa/dsd/agenda21/res_agenda21_00.shtml?utm_source=OldRedirect&utm_medium=redirect&utm_content=dsd&utm_campaign=OldRedirect |
|
|
|
Post by sigurdur on Jun 16, 2012 0:47:27 GMT
Would seem that the UN is somewhat intent on deminishing the seperation of power delivered by diverse states/nations.
|
|
|
|
Post by glennkoks on Jun 16, 2012 11:58:51 GMT
This from the UN's preamble. Note there is nothing in it concerning a new world order, one monetary currency, the Bilderberger's or Bigfoot.
WE THE PEOPLES OF THE UNITED NATIONS DETERMINED
to save succeeding generations from the scourge of war, which twice in our lifetime has brought untold sorrow to mankind, and
to reaffirm faith in fundamental human rights, in the dignity and worth of the human person, in the equal rights of men and women and of nations large and small, and
to establish conditions under which justice and respect for the obligations arising from treaties and other sources of international law can be maintained, and
to promote social progress and better standards of life in larger freedom,
AND FOR THESE ENDS
to practice tolerance and live together in peace with one another as good neighbours, and
to unite our strength to maintain international peace and security, and
to ensure, by the acceptance of principles and the institution of methods, that armed force shall not be used, save in the common interest, and
to employ international machinery for the promotion of the economic and social advancement of all peoples,
HAVE RESOLVED TO COMBINE OUR EFFORTS TO ACCOMPLISH THESE AIMS
Accordingly, our respective Governments, through representatives assembled in the city of San Francisco, who have exhibited their full powers found to be in good and due form, have agreed to the present Charter of the United Nations and do hereby establish an international organization to be known as the United Nations.
|
|
