Okay.. Thanks ======= S1000+ =======
--- On Fri, 4/17/09, xi <[email protected]> wrote: From: xi <[email protected]> Subject: Re: Xi: Collpase of US $ within 2 years! To: "World-thread" <[email protected]> Date: Friday, April 17, 2009, 12:57 PM That header (Xi: Collapse of US dollar within 2 years) seems to be exactly what I wrote No. I do not expect that US dollar collapse happens within two years. You, Sumerian, wrote one of the reasons. Before its collapse, they will have to print higher and higer amounts of money to pay back its debt. At the same time, less and less domestic and international confidence on its real value. Where is the final point? probably when its foreign debt crosses around $10trillions because American wealth funds cannot support acquisition of fresh US treasuries. It would neither be the first currency that collapses, nor the first country that defaults payment of its debt. Of course, consequences would be fatal for its economy. The word "corralito" comes after that event in Argentina. Peace and best wishes. Xi On Apr 17, 3:46 pm, "Sumerian.." <[email protected]> wrote: > Some tens ago, the dollar was dropping against the value. An English adviser > was telling me that it was right to invst in dollar.. Then.. I asked him what > if the dollar collapsed tomorrow and USA declares itself as bankrupt. > country. He didn't have an answer.. > > I am not a professional in economy nor a magician to predict the right future > events at that time, but I had the feeling that USA is the biggest thief in > the world ( now I have to correct it to / or add to it the Bank of England).. > > The idea is simple.. Live on the expenses of all the nations of the world, > then announce at a stage that you face troubles.. and depending on the > robbery size which makes these Ellette professionals think: Is it the right > time to announce bankruptcy ?.. Of course as a nuclear super power, no one > will risk his life to ask USA to give his money back.. And "crisis" is a > good masking cover for the robbery now. > > S1000+ > > ========================== > Xi says: > > It sounds like a way to do not pay back the US debt. > > But it would work just half the way. > > People should get rid of US dollars and any asset that pays back in US > dollars, such as US treasuries, corporate bonds denominated in US > dollars, stocks, etc. It is not only that Federal and local > governments will have to burn US citizens with taxes. It is also, and > mostly, that US dollar will collapse unless IMF or another > international financial institution buys the Fed . > > But I disagree on its time scope. In my opinion that will not happen > so dramatically within one or two years. It will be a decline, then a > second wave in 2010 or 2011, higher than the 2008 one. Maybe even a > third wave one or two years later, higher than the second one, just > posible, not for sure. And finally its collapse. > > Options for investments? In my opinion none but commodities. And yes, > if those commodities are abroad much safer. And nothing better than > farmland. > > The risk of "corralito" is high. But time scope counts. In my opinion, > that debacle will not happen within one or two years. > > Peace and best wishes. > > Xi > > On Apr 17, 7:31 am, "Sumerian.." <[email protected]> wrote: > > Although this article is dedicated for US people /market, but it gives > idea about the volatile global situation, which is happening as > consequences of the biggest robbery in history where the Bank of > England and its derivative the US Federal Reserves, robbed not only the > wealth of many nations, but of their own citizens as well. > > > > > S1000+ > > ======= > S1000+ > ======= --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---
