Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.
Joined: Dec 04, 2004 Posts: 2407 Location: perpetual state of exhaustion
Posted: Sun Dec 17, 2006 1:54 am Post subject: Re: Attention :Mr Bill
Quote:
There will be a central bank, most probably in Asia, who will start the move away from the dollar and when it happens, you're going to see other central bankers covertly trying to follow. The move will magnify very quickly and it could become a full-fledged panic and a dollar collapse."
The Fed is struggling right now to contain inflation and stimulate economic growth. All the Fed is doing right now with all their grand policy shifts is using a lot of propaganda and market massaging to try to prevent a financial panic."
looks like they are going to try and move things slowly so that it takes 2-3 years but holy crap.... perspectives?
Quote:
Arabs to the rescue?
In a strange twist of fate, Arabs and OPEC may come to the rescue of the U.S.!
Senior officials in OPEC made clear that they too would be severely harmed if the U.S. Dollar collapsed, and hinted they "would not be inclined to sell oil to any particular nation that intentionally caused such a collapse."
This was a thinly veiled threat to China, which depends heavily on OPEC oil for its rapidly developing energy needs.
The OPEC officials even went so far as to say "Since China lacks the ability to project their military power, OPEC nations need not worry about any Chinese military response to an oil cut-off."
Such brutally candid remarks will not sit well with China; and signal ominous things for the U.S. .
Arabs and OPEC will want something in return for saving the U.S. from economic collapse and it is already widely speculated what they want will be a complete change in U.S. backing of Israel in the Middle East.
If such demands are made by the oil-rich Arabs, the U.S. would be left with little choice but to virtually abandon the jewish state to preserve itself.
Posted: Sun Dec 17, 2006 2:10 am Post subject: Re: Attention :Mr Bill
uNkNowN ElEmEnt wrote:
Quote:
There will be a central bank, most probably in Asia, who will start the move away from the dollar and when it happens, you're going to see other central bankers covertly trying to follow. The move will magnify very quickly and it could become a full-fledged panic and a dollar collapse."
The Fed is struggling right now to contain inflation and stimulate economic growth. All the Fed is doing right now with all their grand policy shifts is using a lot of propaganda and market massaging to try to prevent a financial panic."
looks like they are going to try and move things slowly so that it takes 2-3 years but holy crap.... perspectives?
Quote:
Arabs to the rescue?
In a strange twist of fate, Arabs and OPEC may come to the rescue of the U.S.!
Senior officials in OPEC made clear that they too would be severely harmed if the U.S. Dollar collapsed, and hinted they "would not be inclined to sell oil to any particular nation that intentionally caused such a collapse."
This was a thinly veiled threat to China, which depends heavily on OPEC oil for its rapidly developing energy needs.
The OPEC officials even went so far as to say "Since China lacks the ability to project their military power, OPEC nations need not worry about any Chinese military response to an oil cut-off."
Such brutally candid remarks will not sit well with China; and signal ominous things for the U.S. .
Arabs and OPEC will want something in return for saving the U.S. from economic collapse and it is already widely speculated what they want will be a complete change in U.S. backing of Israel in the Middle East.
If such demands are made by the oil-rich Arabs, the U.S. would be left with little choice but to virtually abandon the jewish state to preserve itself.
This sounds made-up.
I worked for a few traders this summer, and when they were losing money, the last thing they did was dumped a security overnight- and they were playing with only millions of dollars- not trillions. Most groups want to avoid moving the market, because it costs them money.
The story sounds like it was written by a tenth-grader, and some of it seemed to follow this logical progression of someone inventing stuff, but it also seemed like this person wasn't informed enough about the markets to develop plausible fabrications.
Joined: Oct 18, 2004 Posts: 2124 Location: kiwibush
Posted: Sun Dec 17, 2006 2:25 am Post subject: Re: Attention :Mr Bill
Why would China kill the goose (US consumers) thats laying its golden egg (its dollar trade derived time driven wealth surplus) unless it has reason the believe that sudden market convulsions, swift dollar asset losses and the loss of its core market are a preferred alternative to the current dollar asset devaluation its suffering.
However, humility must give way to those who know more than I do and to that extent, if anyone can add some logic to this picture, please do so. _________________ Bugger me, I hear oil's runnin out mate!
Posted: Sun Dec 17, 2006 2:28 am Post subject: Re: Attention :Mr Bill
Is this guy for real!!
Just had a look at his main page and here are the stories
*** BREAKING NEWS ***
OPEC ANNOUNCES IT WILL ABANDON U.S. DOLLAR!
EVENTS MOVING WITH STUNNING SPEED AFTER CHINA SAYS IT WILL DUMP ONE TRILLION IN U.S. CASH RESERVES!
and
** BREAKING NEWS ***
BANKS "CAPPING" WITHDRAWALS AT $1,000 MAX!!
REPORTS COMING IN THAT PEOPLE ON LINE FOR AN HOUR; TOLD THEY COULD ONLY WITHDRAW ONE THOUSAND DOLLARS!
Posted: Sun Dec 17, 2006 9:08 am Post subject: Re: Attention :Mr Bill
if china is buying all the american t-bills. And they only get 1 or 2% on their investment and they have to wait 6 months until this investment matures. What happens if the dollar slides in value during this time. And it has been sliding in value recently. Why would china want to continue buying US debt and lose money on it ? It seems mad the government has stopped the M3 money supply report. It means the government could simply pay the chinese back with money they printed out of thin air and because no one knows how much money is in circulation, no one would have a clue.
Posted: Sun Dec 17, 2006 9:20 am Post subject: Re: Attention :Mr Bill
Priceless. This man's media outlet seems to be the Aryan Nation's version of the Weekly World News. Funny how everyone's freaking out about the "Ay-rabs", locking up brown people all over the world on flimsy evidence or no evidence at all... and asshats like Hal Turner can openly advocate for violent overthrow of the U.S. government without raising an eyebrow. This should be especially disconcerting to the FBI, seeing as how there are hundreds of thousands of brainwashed retards who take this idea very seriously and would be eager to try it out if the opportunity presented itself... during a sustained economic panic for instance...
Posted: Sun Dec 17, 2006 11:12 am Post subject: Re: Attention :Mr Bill
dukey wrote:
if china is buying all the american t-bills. And they only get 1 or 2% on their investment and they have to wait 6 months until this investment matures. What happens if the dollar slides in value during this time. And it has been sliding in value recently. Why would china want to continue buying US debt and lose money on it ? It seems mad the government has stopped the M3 money supply report. It means the government could simply pay the chinese back with money they printed out of thin air and because no one knows how much money is in circulation, no one would have a clue.
I think it's stupid that the Fed stopped the M3 report, too, and I haven't even bought the whole "The Fed Is Part of Some Big Conspiracy" idea.
Still, I don't think it's stupid.
Quote:
Priceless. This man's media outlet seems to be the Aryan Nation's version of the Weekly World News. Funny how everyone's freaking out about the "Ay-rabs", locking up brown people all over the world on flimsy evidence or no evidence at all... and asshats like Hal Turner can openly advocate for violent overthrow of the U.S. government without raising an eyebrow. This should be especially disconcerting to the FBI, seeing as how there are hundreds of thousands of brainwashed retards who take this idea very seriously and would be eager to try it out if the opportunity presented itself... during a sustained economic panic for instance...
The difference is that the Arabs (AKA the Janjaweed militias in Darfur) are, in a few isolated instances, actually oppressing people, while most of the freepers and crazies are just babbling on about their stupid ideas.
Are police more concerned about hunting down serial killers or people who talk about why murdering some people might be good? I'm not saying it's right to advocate doing something illegal, but there's a good reason we actually go after people who are doing stuff rather than people who are talking about stuff.
Posted: Sun Dec 17, 2006 1:20 pm Post subject: Re: Attention :Mr Bill
GoIllini wrote:
Are police more concerned about hunting down serial killers or people who talk about why murdering some people might be good? I'm not saying it's right to advocate doing something illegal, but there's a good reason we actually go after people who are doing stuff rather than people who are talking about stuff.
That's just it... What's the line between the two? If a group hasn't acted yet, at what point does talking about doing stuff become doing stuff? Ask Rashid Rauf or Jose Padilla. If the FBI is doing its job I'm sure it could find plenty of concrete plans and other "actionable intelligence" amongst various Aryan militia groups here at home. Or has domestic terrorism just been lumped in with 90's nostalgia?
Anyway, my point was that this "information" appeared on an obviously senstionalist website and nowhere else, and as such is questionable material. A dime-a-dozen white-power radio host has a source inside the delegation to China? Somehow I doubt it.
Joined: Oct 18, 2004 Posts: 2124 Location: kiwibush
Posted: Sun Dec 17, 2006 2:11 pm Post subject: Re: Attention :Mr Bill
Turkish-Iranian white nationalists, Ay-rabs, Aryans, white power, terrorists, Chinese communist dollar investors, Neo-Cons, Zionists, Holocaust Deniers.......help....let me out of this asylum! _________________ Bugger me, I hear oil's runnin out mate!
Joined: Oct 18, 2004 Posts: 2124 Location: kiwibush
Posted: Sun Dec 17, 2006 2:51 pm Post subject: Re: Attention :Mr Bill
A very quiet start to the FX week. There was little significant news over the weekend and dealers describe early trading as virtually non-existent. _________________ Bugger me, I hear oil's runnin out mate!
Posted: Sun Dec 17, 2006 9:37 pm Post subject: Re: Attention :Mr Bill
this is fearmongering at its finest. you really think the chinese called up hal turner to inform them of their intent to dump 1 trillion in us reserves tomorrow??
do they even have that much to dump?
and if they were going to dump, to whom would they be dumping it on...meaning, who exactly would buy it?
the chinese have, over thousands of years, perfected the art of being subtle...i think they are going to slowly diversify away from the dollar all the while smiling and making nicey nice talk with the us...not run screaming out of the threater like their hair was on fire.
besides my scam-o-meter says to me that anyone who tells me the chinese are "going to dump 1 trillion in US reserves tomorrow!!" has an agenda.
Joined: Dec 04, 2004 Posts: 2407 Location: perpetual state of exhaustion
Posted: Sun Dec 17, 2006 10:10 pm Post subject: Re: Attention :Mr Bill
Very interesting perspectives here. Also China isn't the only one who holds a lot of US T-bills, if memory serves (which it usually does with frightening accuracy) Japan also holds a hell of a lot.
If they were to announce a dump it would frighten the market making their bills crash before they got to it (to a certain extent) so what you say makes sense.
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