What's your take on this article?
http://www.halturnershow.com/ChinaToDumpUSDollars.html
Will it be all over for the US on Monday?
PeakOil is You
Attention :Mr Bill
Attention :Mr Bill
by BAM » Sun 17 Dec 2006, 03:20:25
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BAM - Wood
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Re: Attention :Mr Bill
by uNkNowN ElEmEnt » Sun 17 Dec 2006, 03:54:13
$this->bbcode_second_pass_quote('', 'T')here will be a central bank, most probably in Asia, who will start the move away from the dollar and when it happens, you're going to see other central bankers covertly trying to follow. The move will magnify very quickly and it could become a full-fledged panic and a dollar collapse."
The Fed is struggling right now to contain inflation and stimulate economic growth. All the Fed is doing right now with all their grand policy shifts is using a lot of propaganda and market massaging to try to prevent a financial panic."
The Fed is struggling right now to contain inflation and stimulate economic growth. All the Fed is doing right now with all their grand policy shifts is using a lot of propaganda and market massaging to try to prevent a financial panic."
looks like they are going to try and move things slowly so that it takes 2-3 years but holy crap.... perspectives?
$this->bbcode_second_pass_quote('', 'A')rabs to the rescue?
In a strange twist of fate, Arabs and OPEC may come to the rescue of the U.S.!
Senior officials in OPEC made clear that they too would be severely harmed if the U.S. Dollar collapsed, and hinted they "would not be inclined to sell oil to any particular nation that intentionally caused such a collapse."
This was a thinly veiled threat to China, which depends heavily on OPEC oil for its rapidly developing energy needs.
The OPEC officials even went so far as to say "Since China lacks the ability to project their military power, OPEC nations need not worry about any Chinese military response to an oil cut-off."
Such brutally candid remarks will not sit well with China; and signal ominous things for the U.S. .
Arabs and OPEC will want something in return for saving the U.S. from economic collapse and it is already widely speculated what they want will be a complete change in U.S. backing of Israel in the Middle East.
If such demands are made by the oil-rich Arabs, the U.S. would be left with little choice but to virtually abandon the jewish state to preserve itself.
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uNkNowN ElEmEnt - Expert
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Re: Attention :Mr Bill
by GoIllini » Sun 17 Dec 2006, 04:10:22
$this->bbcode_second_pass_quote('uNkNowN ElEmEnt', '')$this->bbcode_second_pass_quote('', 'T')here will be a central bank, most probably in Asia, who will start the move away from the dollar and when it happens, you're going to see other central bankers covertly trying to follow. The move will magnify very quickly and it could become a full-fledged panic and a dollar collapse."
The Fed is struggling right now to contain inflation and stimulate economic growth. All the Fed is doing right now with all their grand policy shifts is using a lot of propaganda and market massaging to try to prevent a financial panic."
The Fed is struggling right now to contain inflation and stimulate economic growth. All the Fed is doing right now with all their grand policy shifts is using a lot of propaganda and market massaging to try to prevent a financial panic."
looks like they are going to try and move things slowly so that it takes 2-3 years but holy crap.... perspectives?
$this->bbcode_second_pass_quote('', 'A')rabs to the rescue?
In a strange twist of fate, Arabs and OPEC may come to the rescue of the U.S.!
Senior officials in OPEC made clear that they too would be severely harmed if the U.S. Dollar collapsed, and hinted they "would not be inclined to sell oil to any particular nation that intentionally caused such a collapse."
This was a thinly veiled threat to China, which depends heavily on OPEC oil for its rapidly developing energy needs.
The OPEC officials even went so far as to say "Since China lacks the ability to project their military power, OPEC nations need not worry about any Chinese military response to an oil cut-off."
Such brutally candid remarks will not sit well with China; and signal ominous things for the U.S. .
Arabs and OPEC will want something in return for saving the U.S. from economic collapse and it is already widely speculated what they want will be a complete change in U.S. backing of Israel in the Middle East.
If such demands are made by the oil-rich Arabs, the U.S. would be left with little choice but to virtually abandon the jewish state to preserve itself.
This sounds made-up.
I worked for a few traders this summer, and when they were losing money, the last thing they did was dumped a security overnight- and they were playing with only millions of dollars- not trillions. Most groups want to avoid moving the market, because it costs them money.
The story sounds like it was written by a tenth-grader, and some of it seemed to follow this logical progression of someone inventing stuff, but it also seemed like this person wasn't informed enough about the markets to develop plausible fabrications.
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GoIllini - Tar Sands
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