Replacing The Bull With A Dragon

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doberman's picture
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Joined: 2005-02-22
freedomexpress's picture
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Joined: 2007-07-23

This is what happes when the dollar is as weak as it is. 

 
Some people say it is good for us because foreigners buy more of our products, but it is also bad when they take over our companies.
 
Someone needs to tell the FED to stop printing money from thin air.

BullBroker's picture
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Joined: 2006-12-26

It is something I think we need to tread very lightly on, need to take a hard look at how much of our country is being owned over the pond.  Scares me for our children. 

MC Lovin's picture
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BullBroker wrote:It is something I think we need to tread very lightly on, need to take a hard look at how much of our country is being owned over the pond.  Scares me for our children. 
 
OUR CHILDREN? It should scare you just the same. Our fiat money fraud has caught up to us.  Watch for a   2008-2012 like you've never seen in history.  I sold 75% of my book last week, many of those are clients that would not go defensive, long commodities, cash positions..
 
PS: the dragon doesn't have a much longer run either.  It's a GLOBAL thing.

MC Lovin's picture
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Joined: 2008-01-14

freedomexpress wrote:.
 
Someone needs to tell the FED to stop printing money from thin air.
 
Take a lesson on economics, since before WW2, the treasury (not the FED) has been printing unbacked fiat currency. It is not backed by gold, just the credit of the US gov. We are on the front end of that kicking us in the nuts.  The credit crisis, the fall of the dollar, are a preview to the final depression coming soon...real soon.
 
freedomexpress: If we quit printing the money tommorow, the global economy would come to a freezing halt in a day.
 
Would you prefer the end to come now or would you like our governemt to keep printing, keep bailing out banks and debtors to prolong this agony for a few more years?
 

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