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Originally posted by nj2day
Originally posted by dingleberry77
reply to post by redhatty
Sorry, still don't get it.
Why would someone want to dump Asian and by US, considering the US is in the toilet?
because that makes US assets cheap as hell... and easier to buy vast quantities at a time...
this isn't a speculative move on someone's part... this is sheer market manipulation... it will be good for the U.S. in the short term... until they decide to cash out... then we will plummet faster than you could ever imagine...
Its all about manipulation at this point...
Originally posted by redhatty
reply to post by danman23
AIG is trading at 85 cents. If AIG is behind this, they sure are going about saving their company the WRONG way.
This was BIG, more like a central bank crashing big. But there is no news of that having happened
Originally posted by Vitchilo
I don't think it's out of control. They wanted a total collapse to bring the solution, world government to save the day. The only way that all countries accept it is if all countries suffer from the crisis.
Anyway, this was planned.
Originally posted by nj2day
*random thought*
I wonder if a grassroots movement could non-violently revolt against our Fiat system... simply by organizing millions of people to cash in their dollars for currency from another country...
The flood of surplus USD should crash the currency...
God... I need coffee.... my tin foil hat is starting to constrict the blood flow lol
Originally posted by redhatty
Originally posted by FiatLux
reply to post by redhatty
But you see, that is the point. That is the reason they were so mad about it. They are trying to cover all of this new money we keep printing up, and it`s value was dropping because of it, so they were afraid the dollar would die out at the rate we are printing it.
Fiat, even if the printing presses ran non stop (which they aren't - there is no actual printing going on) they couldn't even come close to filling the hole already created by the loss of wealth that has already occurred.
The WHOLE WORLD has lost about 40% of it's wealth - much of it since September of last year.