We're on The Verge of a Great, Great Depression

[sjc]

The depression happens if the World bamk stops using US dollars as its reserve currency. Essentially the effect of that would be that the US can no longer print money to pay off its debts and essentially goes bankrupt as there is no way it coudl even pay off interest on the debts it has let alone principal. It is said that China holds a lot of US debt and they have invested that money into hard assets (oil companies, buildings, land) because if the US dollar is lost so will the debt. If they have hard assets at least they have something.

I know this is not Greece but everything is linked now in the world. If this was to happen (US dollar no longer reserve currency) imagine what the impact woudl be on the world?

Scary stuff

[jensend]

globalization works well for lloyd blankfein anyway! hope so cause he's doing god's work.

[mcfarms]

Based on the rest of your posts have you tried Prozac for your depression?

[jensend]

i'm not depressed. it's less stressful if you don't try to fool yourself. with everybody talking another recession it just validates what i've been saying for the last couple of years. nothing has been fixed.

[sumdumguy]

Bernanke & Geitner are still in charge. I guess
America likes the direction they are going.

[sumdumguy]

China was fueling the gold and silver market, but
seem to have cooled their jets lately. Seems like
the solution would naturally be to borrow all the
American dollars you could to buy hard assets
with the hope that the dollar will tank and you
would pay it back with cheap dollars, cotton,
where are you?

[BTOfarmallll]

Oh my freaking lord. How many times do I have to say to yous that I DO NOT SUPPORT THE COMEDIAN WIT BORED in any shape or form, never have, never will. I have repeatedly begged fer just one copy & paste of ME supporting the Bored on here. NOT one of yous EVER have, and yet still say I do. I think I support the SOB's the least out of all yous when I sell my #1 WW fer less money as feed, just so I don't have to deal the SOB's....


Benjamin Guggenheim, Isa Strauss and John Jacob Astor were THEE only guys that could have stopped these SOB's and guess what, yep, Sunk em' with the Titanic. What I am getting at is all this tradegy in the World that has ever happened was not an accident. Everything has happened fer A reason and one day we we all wake up & the Shores our Forefathers conquered are going to look vastly different. That day is coming soon, When??? Not long after the next election in 2012 when Barry is reelected. THEE shit is going to hit the fan. And something New will be ushered in......

http://www.world-mysteries.com/doug_titanic1.htm - Who Sunk The Titanic???

http://www.youtube.com/watch?v=I2mY512P8LM - Dr. Corey Gold: CODEX ALIMENTARIUS - Released yesterday. If yer A farmer, I reccomend watchin

http://www.youtube.com/watch?v=tGk5ioEXlIM - The American Dream - yous kin watch this with yer kids, which they will really enjoy & something they will NEVER teach in schools

When Nancy Pelosi says "we need to pass the Bill so we can find out what is in it." Humanity is doomed I am afraid. How would History have been written without these Few SOB's that have stolen our lives fer Generations. One kin only dream! Its all one BIG False Setting. Everything is, & its time to Wake up or were ALL Fricked.......