Re: It has begun - irrigating the deserts
- From: rick_sobie@xxxxxxxxxxx
- Date: 17 Apr 2007 19:14:09 -0700
On Apr 18, 2:53 am, rick_so...@xxxxxxxxxxx wrote:
On Apr 18, 2:39 am, rick_so...@xxxxxxxxxxx wrote:
On Apr 18, 2:34 am, rick_so...@xxxxxxxxxxx wrote:
I think the best idea is never to get yourself so far in debt as a
country, as to actually lose your country.
And when your government borrows to this extent, well they are selling
you into slavery, and will end up selling your country to some other
country.
In this case it may be Europe.
And why is that? Because they control currency markets and can push
paper better than you? Or they control the banking industry and can
manipulate that better than you?
Well then you are at their mercy.
Here is the chart, you started almost at par in Jan 2000 and now it is
1.36 or it is worth 36% more than the greenback.http://tinyurl.com/yssfaq
So anything they buy with it from you they are buying at a 36%
discount.
Thats today.
Now what happens if your currency tumbles, because China sells off
your bonds, or other people sell off your bonds and you are no longer
a good credit risk?
Well then anything goes and depending on how far they can make it
fall, you can end up like Mexico was there for a while, with 200 pesos
to the dollar.
And well then the people in that country, their prices go through the
roof, because now imports all of a sudden cost 200 times more, and
that might be beef or cheese or seeds or whatever it is you buy
elsewhere.
So basically by joining together to form the European Common Market
and creating the Euro, they have really put a dent in America's
strength globally.
Because America simply had no plan.
Bush is simply not very good at economy stuff.
And his administration, not just him, and congress and the Senate they
weren't on holidays either.
So really your ship is sinking fast, even if you don't know it, and
your bubble could at any time, burts and you will lose everything,
including the ability to govern your own country democratically.
As it is you don't have much of that left.
But what will happen to your military? What will happen to the other
guys? The acronyms and all those organizations feeding at the public
trough?
So you say well people from Europe, will jump in as soon as it starts
to tumble and will buy it all up before it tumbles too far.
So what you are saying is you are giving your country to Europe are
you?
And will they jump in that quick, if after they buy it, you still have
no sound fiscal policy and are still a bad risk, and it tumbles
farther and they would lose money on their investment wouldn't they?
And then maybe people wouldn't buy it from them, and they would just
be losing money and losing more money and have these holdings that
were losing money.
So they usually wait until they think it has bottomed out. They may
buy some, but will wait until you hit bargain basement, and then snap
it all up on the cheap.
Meanwhile you will get pittance for your houses mansions and boats and
be paying a fortune for food and shelter, and be out of work, and
without much future except slavery or low the simple low income life.
It never actually feels like slavery. You just have two jobs, one at
the mill and then work at 7/11 at night but you never actually get a
whip on your back or anything like that and you can always live in
your car, until someone steals it or gives you the bums rush.
Don't think it can happen?
Well what if they raise interest rates, to try to prop up the dollar.
Well then all of a sudden, you have to shell out twice as much a month
to pay for your mortgage payment.
Hello second job at 7 /11
And what if they raise it and it doesn't halt the slide of the dollar?
That can happen to.
You see what is the thing that America can do, that they can sell to
other people, and compete globally?
What can America do, that can earn them that 18 trillion they need to
cover expenses?
Make websites?
I will buy one. I will give you three dollars for one. Thats 40
million Lira or 62 million American dollars.
lol
What I want to do instead, is make a new railroad system, that runs on
Hydrogen, not fuel cells, but burnable Hydrogen and Oxygen gas, and
join Canada with the US, and form a trade organization all the way
down to the tip of South America, and join it all up, with that
railroad, and use the military, to protect all the borders right
around the whole works.
Able to seal it off in case of epidemic or assist areas in case of
natural disaster.
Army corp of engineers to be behind the railroad, and to not take 50
years to plan it but 5 years to get it almost finished with some of it
moving goods cheaply and in that way, America will be able to afford
that military might, and still have a strong economy, and the other
countries in the region wll benefit from that safety of that military
force, and we will have a democratic union throughout of sorts and use
that union, to stave off this economic horror that is looming on the
horizon.
It will mean cutting the umbilical cord a bit again, but it is the
only way to keep your country.
Periodically you have to do that and you have to do it with your
military, because your politicians by themselves will just get shot
and prevented from staving off this silent invasion from other
countries.
But if the banking industry controls interest rates, and the Euro is
ahead of the dollar, cannot you just use the banking industry to raise
rates, by comparison with the Euro, and stabilize the economy?
So what is wrong with this picture, is that the banking industry and
the Euro are controlled by Europe and they have you lock stock and
barrell and will squeeze you one once at a time for the next 100
years.
You may have already lost that silent war.
But at what point though does this borrowing binge end up on the
street level, where they can't come up with money themselves to
support it, individual investors have to actually buy bonds or lend
you money some how.
How much person fortune does Bill Gates the richest man in the world
have?
Enough to last you a month tops.
So somewhere along the line, and probably quite soon, someone is going
to have to pay that piuper, because you are not going to keep sucking
money out of Asia, and not giving them your country in return.
.
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