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Old 10-07-2010, 05:51 AM  
midgardsun midgardsun is offline
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Default Currency war goes global

This will influence our lives more than anything else...

http://www.examiner.com/internationa...he-g-7-meeting

 


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Old 10-09-2010, 05:26 PM


Skip Skip is offline
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The US is losing the currency war because the dollar is being devalued everytime a new $ gets printed up or electronically "appears" in some account.

The US has so much debt, and China so many US$ that it behooves the US to print more $ just to lessen the leverage China has over the US.

The truth that no one wants to admit is that the Chinese, Saudis and Japanese "OWN" us.

We must do their bidding too, and that sticks in the craw of American politicians.

But of course the Bushes were just fine kowtowing to the Saudis and Japanese. It's just that they still look down upon the Chinese because believe it or not, they're still COMMUNIST!

So even though the US thinks it won the cold war, we've bought everything we own (and are in debt over) from the Commies...

Congrats China! Time to kowtow everyone! Time to honor our communist overlords.
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Old 10-09-2010, 06:31 PM


wa bluska wica wa bluska wica is offline
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i'll have chop suey for lunch . . .
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Old 10-09-2010, 09:00 PM


midgardsun midgardsun is offline
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IMF chief warns
http://www.bbc.co.uk/news/business-11496300

is that really a currency war?

I think we are just exporting too much...
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Old 10-09-2010, 09:06 PM


Skip Skip is offline
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Funny thing is, it's really a co-dependency between the US and China now.

For instance they wouldn't try to hurt us since they have so much to lose in so many ways if they did.

If there truly was a currency war, with China having so much US currency, it's not in their interests to devalue it or revalue their own currency higher.

Guess we're all really in the same boat. And as China goes, so goes the US now, and vicey versey!
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Old 10-09-2010, 09:32 PM


midgardsun midgardsun is offline
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They wouldnt hurt us- Im not sure but Im sure that we will hurt them as long as we have the weapons technological advantage, otherwies we are screwed since way too degenerated after so much capitalist growth.
http://www.cdc.gov/obesity/causes/economics.html
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Old 10-10-2010, 05:49 AM


midgardsun midgardsun is offline
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Old 10-10-2010, 06:10 AM


odon odon is offline
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Quote:
Originally Posted by midgardsun View Post
Don't devalue your rather nice thread with this type of trash.
Infowars? seriously? Isn't that sooo 2005?
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Old 10-10-2010, 06:20 AM


midgardsun midgardsun is offline
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Now you have the classic argument if you cant argue- doubt the source. Well Mr policeman, its the same with websites like with book stores- the fact that you can find bad books in a bookstore doesnt make the good books worse, does it, Mr desinformant?
http://www.dailypaul.com/node/145252
http://socioecohistory.wordpress.com...orld-currency/
http://www.prisonplanet.com/globalis...-currency.html
http://www.huffingtonpost.com/eric-e..._b_621997.html
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Old 10-10-2010, 06:40 AM


midgardsun midgardsun is offline
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