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Originally posted by Threadfall
America remains the strongest economy in the world
Originally posted by Odessit
Well looking at the stock market right now, the dollar has risen quite a bit, so in the 3 upcoming months, the value of it will be raised.
Originally posted by Divinorumus
And when that day comes, the payback begins. Soon, the US will have to settle up this debt it owes the world, and the only thing they will have to offer are her slaves (you all) and her lands (your homes). Then global justice will prevail.
Originally posted by scrapple
Originally posted by Blaine91555
We survived Carter...
[edit on 3/18/2008 by Blaine91555]
Care to reflect on the interest rates at that time - kinda bearish was it not?
But Vietnam was Carter's war - so its only right he had to pay for it.
Funny how Stagflation always seems to leave a funny taste in peoples mouths.
Originally posted by chromatico
I would say that the biggest culprit in the decline of the dollar is the Chinese.
Originally posted by Divinorumus
At some point in time every nation the US trades with are going to wise up and stop accepting that worthless US funny money for their exported goods and services. And when that day comes, the payback begins. Soon, the US will have to settle up this debt it owes the world, and the only thing they will have to offer are her slaves (you all) and her lands (your homes). Then global justice will prevail.
On 1 January 2002 euro notes and coins became legal tender in the 12 countries of the eurozone.
They have a combined population of 304 million.
On 1 January 2002 they switched to using euro notes and coins, ending the use of their national currencies in shops and banks.
The stock market downturn of 2002 (some say "stock market crash" or "the Internet bubble bursting") is the sharp drop in stock prices during 2002 in stock exchanges across the United States, Canada, Asia, and Europe. After recovering from lows reached following the September 11, 2001 attacks, indices slid steadily starting in March 2002, with dramatic declines in July and September leading to lows last reached in 1997 and 1998. The dollar declined steadily against the euro, reaching a 1-to-1 valuation not seen since the euro's introduction.
2000–2003: Early 2000s recession (exact time varies by country)
2001–2005: United States housing bubble (part of the world housing bubble)
2001: US Federal Reserve lowers Federal funds rate 11 times, from 6.5% to 1.75%.
2002–2003: Mortgage denial rate of 14 percent for conventional home purchase loans, half of 1997
2002: Annual home price appreciation of 10% or more in California, Florida, and most Northeastern states.
2004: U.S. homeownership rate peaked with an all time high of 69.2 percent.
1997–2005:Mortgage fraud increased by 1,411 percent 
2004–2005: Arizona, California, Florida, Hawaii, and Nevada record price increases in excess of 25% per year.
2005–ongoing: United States housing market correction ("bubble bursting")
2005: Boom ended August 2005. The booming housing market halted abruptly for many parts of the U.S. in late summer of 2005.
2006: Continued market slowdown. Prices are flat, home sales fall, resulting in inventory buildup. U.S. Home Construction Index is down over 40% as of mid-August 2006 compared to a year earlier.
2007: Year-to-year decreases in both U.S. home sales and home prices accelerates rather than bottoming out, with U.S. Treasury secretary Paulson calling the "the housing decline ... the most significant risk to our economy."
It is widely believed that increased economic activity caused by expanding housing bubble in 2001-2003 was partly responsible for prevention of full-scale recession in U.S. economy following the dot-com bust.
Originally posted by eagledriver
It saddens me to it to say it, but I have read many blogs and articles and some non-published information, but it seems the evidence is too strong, this is no joke and we better get serious.
To break Americans backs to allow a NAU to form, this recession was manufactured. The foreclosure mess, high debt, lowering interest rate and high oil prices were all planned events to lower the US dollar value. The war was waged to raise the US debt and the oil companies conspired to raise fuel prices. Policies were adopted that aggravated the mass foreclosure situation. The important people in the government on both sides of the isle are part of the conspiracy. The more seasoned veterans saw this coming 6 months ago, but could not stop it. It was already too far gone.
When the major banks start to fall the dollar will collapse in short order. If you see the next bank failing, immediately run to the store and spend everything on food and supplies. You'll need it! You will also see the banks closing their doors and ATMs just before the annoucement to avoid a rush on the banks. Keep cash handy in this event.
When the riots start and the national guard is called out, marshall law will be instituted and the game is over for the people of this nation. The government will start to do what ever it likes including burning the constitution at that time. "For your own good" a NAU will be formed.
When did this start? Several years ago after 911. The new world order saw their chance and since they run all the big institutions anyway, they realized this was the perfect time. As a conservative, I'm sorry to say that President Bush is one of their cronies.
Keep an ear to the ground and realize that pain and suffering is no joke.
"We survived Carter. This will be a cakewalk in comparison."