US Embassy's Quietly Told to Buy Local Currencies!, page 3


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ATS Members have flagged this thread 56 times


reply posted on 25-6-2009 @ 10:43 PM by total newbie
reply to post by Equinox99



My relatives are morons. One of the tells me all you have to do for the swine flu is wash your hands. The other one says it's all a hoax.

God bless them, but the phone will be ringing off the hook when they get sick, but it will be too late.


[edit on 25-6-2009 by total newbie]

[edit on 25-6-2009 by total newbie]


reply posted on 25-6-2009 @ 10:50 PM by Rockpuck
Originally posted by crusader
reply to
post by Rockpuck



Ok, and we are not actually seeing this in the outside world to many people .. they think thats it still rosy in the land of Milk and honey????? or the land of Limitless opportunities. ok let me get this straight you think if the dollar collapses or whatever, you think other places outside the US will fare any better or much worse?


Economically speaking, currencies do not need to collapse in order for a new currency to take over. This was the case in Europe, some of the oldest currencies in the World were replaced with the Euro through treaty alone. If some form of the Amero (A pan American currency) were in fact to take place, the switch would NOT require a collapse of the Dollar. In fact, logically speaking, it would require a collapse of the Peso and the Canadian Dollar, as the entire system would essentially be propped up by the American Dollar.

A Pan-American Dollar is NOT a bad thing.. but it is blatantly unconstitutional .. only Congress can create money, it's bad enough to have a Federal Reserve, but even a few founding fathers tossed around the idea of centralized banking. It is another thing to have an international entity printing the money, like in Europe.. though following the Euro model, I see several loop holes to get around the constitutional issues.

Why do people think an economic collapse is needed to switch the currency? I have no idea, it makes no sense to me.


reply posted on 25-6-2009 @ 10:51 PM by total newbie
reply to post by In nothing we trust



I will keep trying with them. It is a moral obligation. My 86 year old mother who lives in my house will survive. I will too.

Look at my signature. Take care.


reply posted on 25-6-2009 @ 11:30 PM by allclear
reply to post by slicely



"Guys, how long are you going to listen to Denninger's fear mongering lies? "


YUP....you got that right. He scares me more than the government I'm sorry to say. My bet is that he works (indirectly) or is associated somehow with either the government or banks. Very unusual activity at his site, only certain opinions excepted, and market calls that never seem to pan out except for the obvious ones.

The best you can do is process the information you get based on common sense and reality checks. Everyone is talking their book, and will tell you what they want you to believe.

Trust your family, close friends and neighbors. No more than that. Much of the data from stock blogs are phony and rehearsed. Believe me, I know...I've seen hundreds and have called their bluff many times.


reply posted on 26-6-2009 @ 12:23 AM by N1thNa1ath
Hi people, i'm Argentinian and for the way the thread went i can tell you what happened in my country, nearly 2001/2002 was devastating.

If i knew like i know today what the consecuences were, take for granted that i'll be buying gold, stocking food, selling everything i can now to buy more gold, and expect for a long economic winter, like the one we had here in Argentina.
It was everthing planned, the government even stole 23.000 millon dollars in cash from our central banks in 24 armored trucks, after making a debt exchange with a lot of companies(media, finnancial, global companies,etc)taking there debt in local money, told them to buy dollars, and after this they devaluated the argentinian peso for making profit, after what came to be known as Corralito, preventing peolple from taking there money from the banks, getting all the cash out from the streets.

It lasted for about 2 years where a lot of jobs were lost, you could buy anything for a penny, even cars, cause people were desperated to get something to go on, or to begin again.
It was hard but today things are a little bit fixed up(we are lending money to GM!!!!!) than were those days.
Here in my country we were used to this kind of economic manipulation, but if this happens in EEUU or world wide, for sure it would be catastrophic for the ones that were not prepared, even for the ones that knew about it
Gold is for sure a great to place to go if you have some bucks.

I hope this info is useful for someone.

Let the light guide you.... and forgive my grammatical mistakes


reply posted on 26-6-2009 @ 07:19 AM by poedxsoldiervet
reply to post by ElectricUniverse



It indeed was an attempt at a half joke. The raiding and looting is in reference to a what if there is a total collapse, are basic services will be disrupted and if there is a bank holiday then you can guarantee that I wouldn’t be the only one looting.

As far as turning to violence I spent 6 years in the army 2001-2007, I am more then capable of getting things done with out dying (and it does help that I still have my body armor from my war days)

Until the day I signed up for this site I was very much asleep at the wheel. With things like our government wouldn’t lie to us etc. etc. etc.... But now that I am a wake I have all that "sleep debt" that still has to be taken care of. I know its my fault and no one else’s.


reply posted on 26-6-2009 @ 07:22 AM by poedxsoldiervet
reply to post by Grayelf2009



I do have weapons and there a little more powerful then a .22 -). I do have a camper as well as a nicely stocked up camper up certain items such as propane and hunting camping materials. Now While I do have atleast a months suplly of food everything else comes up short and Family Dollar and Dollar Tree have become a good friend of mine._ Thanks for the advice.


reply posted on 26-6-2009 @ 08:25 AM by TheCoffinman
Originally posted by poedxsoldiervet
reply to
post by ElectricUniverse



It indeed was an attempt at a half joke. The raiding and looting is in reference to a what if there is a total collapse, are basic services will be disrupted and if there is a bank holiday then you can guarantee that I wouldn’t be the only one looting.

As far as turning to violence I spent 6 years in the army 2001-2007, I am more then capable of getting things done with out dying (and it does help that I still have my body armor from my war days)

Until the day I signed up for this site I was very much asleep at the wheel. With things like our government wouldn’t lie to us etc. etc. etc.... But now that I am a wake I have all that "sleep debt" that still has to be taken care of. I know its my fault and no one else’s.


same here, for the most part a believer until after the service (2001-2003) and ever since then, my eyes are wide open...


reply posted on 26-6-2009 @ 12:52 PM by Ex_MislTech
Originally posted by burntheships
Here is a direct link to his write up.

market-ticker.denninger.net...

The Schultz write up is here!

www.marketwatch.com...

No doubt, something is afoot! I see a bad moon on the rise...


This is what I have been warning about as one of the fallouts from
the 100's of trillions of derivatives scam.

1,000+ Trillion in derivatives set to collapse

This is one of the pieces of bitter fruit that will come from the
seeds that were sewn by the financial thieves.

I am just amazed they managed to hold it off as long as they have,
and that is mostly due to the fact that they hid it on the penny stock
market which is not SEC regulated, called the OTC market.

They have known for years that this was a potential disaster,
but kept playing the ponzi scheme of turning bad debts into derivatives
and masking the true value of stocks by having them dump their
debts and making them look better on the books so the stock value
would look better. Its 1929 all over again with a new pen and paper
scam to defraud the public once again.

Warren Buffet warned the world years ago

Even thou the warning came, the train wreck just kept on going.

Prepare accordingly.

Good Luck to you all !

I see my bugout going down in less than 120 days.


reply posted on 26-6-2009 @ 01:11 PM by burntheships
reply to post by Ex_MislTech



And you had to go and make it all sensible... by bringing up the debt issue. You know people do not want to talk about that debt thing...
It is too factual, and no way out. You know...kind of like getting a
"thank you but no" letter from a loan application.

By the way, The Market Ticker link has changed and it can be found here:
market-ticker.denninger.net...


reply posted on 26-6-2009 @ 09:16 PM by mrpotatohead
Originally posted by poedxsoldiervet
reply to
post by UMayBRite!



What you pointed out, is what seems will take place. What are you referring to about Argentina? I vaguely remember a few things about a collapse in Finance and such.

Your plan on stocking up makes since but I am barely keeping my head above the water, how would you recommend people like me get buy? I know that once the system does collapse I will grab my weapon and raid the nearest Wal-Mart for food, clothes, water, and seeds to plant veggies in the spring. But, I live in the city (Cincinnati) I have no land to retreat to nor does anyone else in my family. I have 3 small girls and a wife who isn’t much of a help when it comes to raiding and looting, what would you recommend people like me do?


Save up food as best you can. BUT-- It's really kind of late now to do much of anything. Join the rest of America as they wake up one morning, and the banks are closed, and they all say at the same time "WTF". It's coming sports fans--and it anin't going to be long, and it ain't gonna be pretty.
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