US Dollar To Crash Tues July 28th, 10.15am Pacific Time - China Becomes Top $$! , page 2
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ATS Members have flagged this thread 7 times


reply posted on 24-7-2009 @ 05:22 PM by 12.21.12
reply to post by Alaskan Man



Yes but that several corporate bailouts ago. If a company like Microsoft gets owned by the Fed it will be the final straw.


reply posted on 24-7-2009 @ 05:39 PM by weedwhacker
reply to post by projectvxn



On the 29th this thread will swell by 8 or nine pages arguing reasons why it didn't happen.


I'll see your 8 or nine days, and raise you!! This thread will reach double digits (talk about inflation!).

Meh!! Pffft! I have no money anyway.


reply posted on 24-7-2009 @ 09:22 PM by questioningall
reply to post by free_spirit_earth



Sorry, but the other countries are still getting rid of their dollars - I don't believe it will be a fast drop - it is going slowly but surely. Also courntries still trade in dollars, until agreements are made with other currencies and how they will trade with each other - the dollar will remain on a slow death.

But once the most important agreements are contracted - and China has purchased energy and commodity companies around the world with their dollars and have gotten rid of most of them - then we will see the final death of the dollar. But it will not be a one day deal - just as it has been months in the making - it will take a little while longer.

that is my simple take on the situation.

but, it gives people time to prepare, who have not as of yet.


reply posted on 25-7-2009 @ 10:16 AM by antar
reply to post by Ignorance Denied



I agree to a point, but it will be the good people who are the targets.


reply posted on 25-7-2009 @ 03:15 PM by wonderworld
reply to post by mrsdudara



They would shut down Wall Street if it reached those numbers. I do agree another panic is on it's way.

We may no more on September 31st the end of the fiscal quarter. It's ironic the G20 also is scheduled for a meeting near this time frame.

Their solutions dont benefit the general population.

Wall Street will never be the same we have Obama and Timmy Geitner regulating all aspects of the financial institutions, including dirivitives and hedge funds. There wont be any risk or profit soon.
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