So what do they buy commodities in what currency???? I don't get it.
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Cottonpicken why all da Questions????? I taught you knew dis, guess knot, so I will tell you's....
Most that DEBT COMES FROM INTEREST BEING PAID FOR MONEY TO COME INTO EXISTENCE!!!!! Research Fractional Reserve Banking!!!!!!
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Checking,I was referring to the the budget release
date being delayed and the timing of the visit,should
have been more clear for those that don't follow this
stuff.
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Cottonpicken.
Unless the Budget and Accounting Act of 1921 has been changed, the President must annually submit a budget to Congress by the first Monday in February.
Even time on a tropical island isn't delayed no matter what you drink. There is no delay in the budget release date. It will be on time as was the negotiated date for the China visit.
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Ok,let me slow this down for you.
The budget HAS been delayed until feb 14.
This is weird.
The chinese come and have a face to face.
They hold large sums of us securities.
They are telling us the gap this year is expected to
be 1.42 trillion.
I think all of this is interesting.
What part do you not find interesting or true?
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Cotton et al,
Interesting interviews on BNN this past week:
Japan had sovereign debt downgraded to AA- the same as CHINA (AA-) by S and P.
Japan has debt at 227 percent of GDP, Greece is below 150 percent of GDP; US now at about 100 percent, and Canada at 75 percent debt to GDP.
The US spent $5 trillion to gain $600billion in GDP.
Were told we need to spend $100 Trillion to get through this recession/crisis.
http://www.bnn.ca/News/2011/1/27/Japan-sovereign-debt-rating-cut-by-S-and-P.aspx
The Street : January 27, 2011 : Outlook for Commodities [01-27-11 8:45 AM]
January 27, 2011
January 2011
The Street
Jaime Carrasco, Investment Advisor, Macquarie Private Wealth, talks to BNN on his outlook for commodities and concerns surrounding the agricultural sector.
http://watch.bnn.ca/#clip408188
Have a look...
The US dollar must go lower.
THis means commodity prices must go higher...
Credit crisis means production shrinks because less is produced... Capital is tight.
Canada has what the world needs.
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Ahh silly me,your still off the eight ball,no sence non
sence i shouldn't have bothered replying,just leave me
alone.Or i will drag your stupidity to the top of the
page all the time....goof.
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