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Originally posted by projectvxn
reply to post by Amaterasu
The crisis in Japan is immediate. The economic implications are today.
You know what you can do? Spread the IDEA that MAYBE preparing by buying food and supplies is a good idea rather than buying ridiculous theory that will help no one in the NOW. Perhaps spread the idea that those who do prepare should use their position to help others.
Anything less than that and you're blowing smoke.edit on 16-3-2011 by projectvxn because: (no reason given)
Originally posted by Pampamz
I am not defending a person, I am sick of the intolerance against idealism only because some think they now reality better. Reality is not the same for all of us.
Originally posted by projectvxn
reply to post by Amaterasu
Is that what you're reading into this thread?
Or did you read the title and move on?
From the OP:
What does this mean to you? If this happens(and I PERSONALLY FEEL that there is a near certainty of this), it means that the US will have drive themselves much deeper into debt in order to satisfy the debt. After PIMCO's recent dump of all US bonds the market is a little jittery about the value of US debt, this move by Japan could signal a giant bond dump around the world forcing our currency, our government, and our overall markets into a tailspin. It would be wholesale financial destruction. I believe this WILL happen, and it will happen soon. The Japanese are going to have many jittery customers world wide who may fear radiologically contaminated products, stagnant or entirely non-existent industrial growth, and massive debt-loads on top of having to deal with this incredibly MASSIVE crisis. The Japanese economy has been in crisis for some time now and their markets have been shakily supporting massive debt loads since the 1990s. This can no longer continue. Doing so would certainly spell the destruction of all Japanese wealth. What will follow will be a move based entirely on self-preservation, the US be damned. If we were in their position we'd do the same thing.
Originally posted by 46ACE
"Reality": Down to brass tacks here: The "animal" ( human shaped "meat suit")
Originally posted by theibbsta
I always knew this current system we grew up in was one day going to collapse on to its knees. The question is when.
Originally posted by RogerT
Money's day is almost over.
It will either destroy itself or we will mature past it - very soon.
Corruption and demonic control is enabled by money. Without it, these things will quickly dissolve.
It's irrelevant what the BOJ do or what the Fed or any of the other private banks do, the system is broken beyond repair.
Fresco may not have all the answers, but his life work is a good start and certainly has merit once you can get your head outside the money box and start thinking clearly, unencumbered by beliefs created from a life of financial conditioning.
Basing a system on the commitment to intelligently share the earth's resources equally amongst the entire human population may seem idealistic, but is in fact one of the most (if not the only) realistic solutions to our current mess.
Originally posted by projectvxn
reply to post by 46ACE
You're not gonna convince these people that their new age BS won't help 'em when they get hungry.
They're not uncomfortable yet.
Just a few more pips in the USDJPY and we are in uncharted territory. Below 79.75 in the USDJPY there is little support, except for the BOJ. Flash crashes in assorted index tracking futures are being witnessed everywhere, with an emphasis on Europe. In the meantime, following the rush to safety (in the Yen), the market is plunging to day lows, and the S&P has just turned negative for the year.
Originally posted by projectvxn
reply to post by Amaterasu
No, efforts to make sure you can EAT and DRINK CLEAN WATER should be spread soon. ANYTHING ELSE is theoretical and bad academics. You say you've worked in banking and yet apparently you have no clue what implications a bond dump can take.
Talking BS about how "we don't have to let it happen", and that is total BS. You're living in a dream world where only you and your Star Trek world matter.
I won't be responding to your BS anymore. I'm gonna discuss REALITY. Have fun in unicorn land chaaaaarrrlie.