[yesplease]

$this->bbcode_second_pass_quote('Cid_Yama', 'A')ctually, it means the electronic equivalent of the printing presses are running 24/7.

Weimar here we come.

link

[Cid_Yama]

<i>but the rest gets paid back</i>

hahahahahhahahaaha

[yesplease]

$this->bbcode_second_pass_quote('Cid_Yama', '&')lt;i>but the rest gets paid back</i>

hahahahahhahahaaha

[Cid_Yama]

Sorry you are having such a problem peering through the nonsense and seeing what the reality is.

[yesplease]

$this->bbcode_second_pass_quote('Cid_Yama', 'S')orry you are having such a problem peering through the nonsense and seeing what the reality is.

[perdition79]

$this->bbcode_second_pass_quote('ubercrap', '')$this->bbcode_second_pass_quote('HEADER_RACK', 'U')ntil I see semi-trucks backing up to banks to unload physical currency to the banks. I can't see weimar germany happening.
1s and 0s are fine when everything is running smooth but when confidence is gone and people want cash there isn't enough out there to go around.

[HEADER_RACK]

$this->bbcode_second_pass_quote('yesplease', '')$this->bbcode_second_pass_quote('Cid_Yama', 'A')ctually, it means the electronic equivalent of the printing presses are running 24/7.

Weimar here we come.

link

[ubercrap]

Um, not sure about the control "conspiracy" theories. And, certainly there are major differences, but let's get back on topic-

From Weimar link:

"The clamor for more money grew on all sides. It seemed that any halt to the printing presses would bring business to a standstill and throw millions of workers out on the street. The government itself would be unable to carry on."

Somewhat different mechanism, SAME BIND:


From original link:

'We have effectively allowed the central banks to disintermediate the banking system. Why would I want to borrow from you if I could do it with the central bank, because they can always print it up and say 'here'...and they are in the business now of making sure I stay in business," Simons said.'

[Cid_Yama]

The Fed is like a gaping wound gushing blood. Time to put on a tourniquet.

[skeptik]

$this->bbcode_second_pass_quote('Cid_Yama', '
')Think what that will mean if there is no cash and all your transactions are electronic, and ultimately tracable.

[skeptik]

$this->bbcode_second_pass_quote('Cid_Yama', '
')Think what that will mean if there is no cash and all your transactions are electronic, and ultimately tracable.

[jbrovont]

How is it that there's $400+ billion going into the economy every day, and I'm getting oooooh, hmm - about ZERO of that? I want my taste. Not the whole pie, just my piece. What's the deal here guys?

[Cid_Yama]

From the Hyperinflation article:

<i>Once a snowballing financial and economic deflation gets underway, it could develop with breathtaking speed. Soon the government, instead of worrying about inflation, would be using desperation measures to halt the collapse, even if it had to run budgetary deficits of 100 billion or more.</i>

Aparrently a lot more.

[Dan1195]

At this point is is almost like LIBOR is not really that relevant as it relates to the bigger banks, they are just borrowing from the FED instead. How long can this continue without major economic consequences.?

[lateStarter]

$this->bbcode_second_pass_quote('jbrovont', 'H')ow is it that there's $400+ billion going into the economy every day, and I'm getting oooooh, hmm - about ZERO of that? I want my taste. Not the whole pie, just my piece. What's the deal here guys?

[yesplease]

$this->bbcode_second_pass_quote('HEADER_RACK', '')$this->bbcode_second_pass_quote('yesplease', '')$this->bbcode_second_pass_quote('Cid_Yama', 'A')ctually, it means the electronic equivalent of the printing presses are running 24/7.

Weimar here we come.

link

[Cid_Yama]

<b>US budget deficit in '08 surges to record $454 bn</b>

US budget deficit in '08 surges to record $454 bn
The federal budget deficit soared to $454.8 billion in 2008 as a housing collapse and efforts to combat the economic slowdown pushed the tide of government red ink to the highest level in history.

The Bush administration said on Tuesday the deficit for the budget year that ended Sept 30 was more than double the $161.5 billion recorded in 2007.

It surpassed the previous record of $413 billion set in 2004. Economists predicted a far worse number next year as the costs of the government's rescue of the financial system and the economic hard times hit the government's balance sheet.

Some analysts believe that next year's deficit could easily top $700 billion, giving the next president a formidable challenge.

link


<b>60% of US Debt Due by 2011</b>

America's precarious fiscal condition now means funding her multi-trillion-dollar, long-term liabilities with multi-trillion-dollar, short-term borrowings.

That's a timeworn recipe for disaster.

The amount of marketable public debt that the US government will have to "roll over" during the next few years is massive.

"Of the marketable securities currently held by the public as of September 30, 2007," the US Government Accountability Office (GAO) reports, "$2,838 billion or 64% will mature within the next 4 years." (<i>that makes it within 3 years now</i>)

link

[TheDude]

$this->bbcode_second_pass_quote('Cid_Yama', '&')lt;b>60% of US Debt Due by 2011</b>

[mrbig]

I got nothing else to say but this..

Cash is king.

[jasonraymondson]

how can everything tie in this perfectly to 2012????

Did these people set out to make this happen on purpose, or is this just pure fate that everything is coming into fruition for 2012

I really don't think preparing is all that important anymore, I am personally starting to think that there are some relgious nut jobs out there who are going to force the end of days irregardless.