What Blows up Next?, page 2

Originally posted by cpdaman
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FOREIGN Central banks traded in one dollar asset for the other in 08, and the fed had to back stop the (dollar asset) that foreign central banks dumped in 08 (U.S agency debt i.e Fannie mae bonds, etc). the selling of this agency debt in exchange for the buying of treasury's STRongly contributed to the treasury rally. the central banks have little more agency debt to sell, so the demand for treasury's should not ramp up any higher.

What do you think the foreign central banks will buy when they feel less confident in treasury debt ................or need to sell liquid (dollar assets)/treasury's to keep there currency's from falling too fast..........

GOLD? .....[edit on 14-1-2009 by cpdaman]

i'm not SURE about this one, i will be thinking about it for a while

perhaps when foreign central banks try to " sell/diversify out of treasury's" to stabalize their own currency's ( as well as the point FCB's don't seem to need to hold as many $$$ when the oil price is low) perhaps the FED will try to issue it's own debt to boost dollar demand ........remember this came out a week ago online.wsj.com...

but what would the new fed debt be backed by? who would buy it? possibly the IMF and world bank? could the global warming/ carbon credit cashcow be purchased with this new fed debt (then Foreign cent. banks's (fcb's) would jump in............that is the only way i could see demand for it growing........ "ohh save the earth and make me rich" is what i imagine al gore and maurice strong singing in the shower.

"Mo" strong is sitting on the board at the Chicago Climate Exchange and this exchange may still be the worlds only exchange for legally binding greenhouse gas emission registry reduction system .....GW the new religion.........i wonder how many global warming devotee's also criticize religion how ironic that would be....GW too big of an issue for some people who care about the enviornment to not have "on there side" i.e politicos manipulated people's own good intentions for $$ caught hook line and sinker.... ...rant off

p.s MO strong has NWO ties.......he wrote the intro to a paper published by the Tri lateral commission called called Beyond Interdependence; the Meshing of the World’s Economy and The Earth’s Ecology. part of this intro was

This interlocking…is the new reality of the century, with profound implications for the shape of our institutions of governance, national and international. By the year 2012, these changes must be fully integrated into our economic and political life.”

bueller...........bueller.......remember we will have world gov't by consent or conquest.........and the Elite's beleive OBAMA is the man to bring the world to world gov't thru consent.........i wouldn't bet against it!

last thing.......any hope for the economy to grow within the corrupt frame work they operate within is for the banks to writedown the PRINCIPAL OWED on the mortgages by millions of american's........and the sorry gov't will pay the banks for any losses........and those who lived within there means will pay .......it is a paradox.......but would you rather be punished a couple grand in tax's or watch the economy spiral into oblivion.

[edit on 15-1-2009 by cpdaman]