PPRuNe Forums - View Single Post - Merged: Is the worst of the Global Financial Crisis behind us?
Old 12th Sep 2009, 15:42
  #176 (permalink)  
stealthone
 
Join Date: Aug 2007
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Chimbu are you listening the Alex Jones talk show and maybe Gerald Celente? Ha ha. You are spot on but Ferris has nailed it. China is on a shopping spree because they are converting the worthless paper into commodities. Who is receiving the ‘toilet paper’? Australia. Yanks will never pay their debt, it’s over folks, and they crossed what we know as a PNR. Is there anyone else on the shopping spree? Yes, the Russian govt. They do not bargain, just keep dumping their dollars. The Mediterranean coastline is theirs, and companies worldwide. Most of the European govt’s are broke and practically lining up to obtain some cash from Putin in exchange for assets or near broke companies. Furthermore some of the loans have to be paid back in roubles. Yanks have driven themselves into insolvency trying to expand the sphere of influence, and just like Napoleon and Hitler they ran out of steam on Moscows door step.
Guys, try to find some info on the geostrategic development. The Russian govt faked the downfall of the USSR and the Yanks took the bite. The eastern European countries are like bottomless pits. They are chewing billions of dollars every year and those so called democracies are corrupted as ever. All those meaningless wars and NATO expansion had to be financed somehow? How? The printing presses were running around the clock. Of course, the Yanks did not foresee KGB’s coup d’état ie the appearance of Putin.
What is going to happen to some of our super money in case of US dollar collapse? The Wall Street had sucked in the money from Europe, Australia, and South East Asia. I think that we are in the deep s….t. Those with some cash reserves and no debt (full property ownership) would do just fine.
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