India to pay gold instead of dollars for Iranian oil. Oil and gold markets stunned , page 13
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reply posted on 25-1-2012 @ 05:38 AM by DevilsApprentice
Originally posted by Gorman91
reply to
post by ollncasino



I suppose that is indeed true. However I think if China were to enter into a gilded age, it would in time force social changes. No nation on Earth has seen the rise of the middle class without the rise of social changes.



The sort of change which happened just recently ...

From an Asia Times Article by Francesco Sisci

BEIJING - It was for a few weeks the symbol of rebellion in communist China, the sign of the crippling of the state power, and the glaring signal of a coming revolution in Beijing. For weeks, the people of Wukan, a former fishing village in the southern province of Guangdong, fought against authorities who had allegedly seized common land, turned it into real estate while pocketing most of the proceeds, and rigged local elections.


and Bejings responce to the problem ..

Eventually, in the middle of January, shortly before the Chinese New Year, when traditionally all accounts have to be settled, provincial and national authorities decided to step in, making an unexpected decision. The leader of the rebellion, Lin Zuluan, 67, the age when leaders in China retire, was appointed secretary of the local branch of the Communist Party. He will be responsible for organizing a new local poll. Most of the press saluted the event, arguing that it marks a potential breakthrough in the way Beijing deals with dissent.



.....

And more pertinent to this Topic , another A Times Opinion on Iran and the BRICS group .

All that glitters is ... oil

.


reply posted on 25-1-2012 @ 07:09 AM by Gorman91
reply to post by DevilsApprentice



eh. Far too subjective to take it seriously. Some points to consider. But propaganda is propaganda.


reply posted on 25-1-2012 @ 01:59 PM by Observor
reply to post by LilDudeissocool


Just a note this crap about "END THE FED" maybe is what Ron Paul wants. Maybe Ron Paul is a wolf dressed up like a wolf? He seems to like Iran after all.

End the FED means to end its currency in oil on the world's open market, and that will end America as we know it. It will turn American into a third world nation like Hatti ran by Paul and son like Papa and Baby Doc of Hatti back in the day.

Not sure how much you know about Ron Paul but he certainly believes that the America as you know it will end. He also says that if you don't do it deliberately when you still have the choice, you will be forced to.

In other words, the FED will end. If you don't choose to do so, it will when the currency it controls becomes useless.

So you can treat the dollar getting dumped as what Ron Paul predicted would happen, because of what the FED did.

If you want to shoot the messenger, feel free. But the message is still valid.

By the way, I don't think Ron Paul's alternative to the FED makes sense either. It could work only if, as your fear, the US is reduced to a 3rd world country.



reply posted on 26-1-2012 @ 01:43 PM by Observor
reply to post by mojo2012


I went to bed around 1:30 last night, do you believe me? I have no proof.

I won't ask you for proof. But if you tell you saw the government arrest a 200 year old man under the NDAA 2012, I would certainly ask you for proof.


reply posted on 26-1-2012 @ 01:47 PM by theBigToe
reply to post by Observor



Google says the oldest people to have ever lived were firstly, all women, and secondly they lived to be in their 120's.


reply posted on 26-1-2012 @ 11:30 PM by Observor
reply to post by theBigToe


Google says the oldest people to have ever lived were firstly, all women, and secondly they lived to be in their 120's.

Exactly. That is why when someone makes a claim of such an extraordinary technology that delivers unlimited energy (akin to a 200 year old man) that is confiscated by the government, sane people ask for proof. It is the existence of such technology that is unbelievable, for anyone who understands science anyway, not that someone would want to confiscate it if it exists
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