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Give em credit for thinking outside the box

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    #16
    Pilly;

    How can the US$ do anything but sink...

    I am so confused...

    The world rotates around the US$$'s...

    I thought the end game was up long ago... but we still keep on printing those greenbacks... deflation instead of inflation...

    I am so confused...

    What exactly is money anyway pilly?

    Isn't it just a number on a computer somewhere...

    we lend more so we can create more...

    so we can pay more...

    that hasn't been created yet to pay the interest charges...

    on the loans we took out when?

    Just like the CWB churning billions... to make us a few millions... all on bad loans that don't really exist... because nobody really ever expects to pay em off anyway... we will simply be expected to write them off.

    Do you ever expect the Canadian government to pay off the Canadian $500 plus billion debt... think about that for a second...

    SO here we are back to "thinking outside the box"...

    I like people who think outside the box, even the folks at the CWB!

    Please, allow me the opportunity to JUST SAY NO. I don't agree with you, I want to fire you today...

    If you show prudent management in the future... THEN I may want to see if they are honest truthful changes... then I may...

    But my CFO says NO NO NO.

    I am so confused....

    Comment


      #17
      boone,

      Looks like Tequila Sheila is overboard, too. Measner can't swim. So, you're it for mouth to mouth! And I'm not so sure that you'd like that.

      frustrated 1, You can bet there was Martin's non-involvement in Sheila's campaign just the same as there was Martin's non-involvement in CWB ships. Is the contingency fund big enough to buy a ship now?


      pillpillypillsner..don't be so subtle. Spit it out. what's your hunch?

      Parsley

      Comment


        #18
        It is my opinion that the u.s. is in a box.It has to inflate or default.It has to create money to keep the game going.
        The "dollar" is the worlds reserve currency so it has been able to inflate
        without many of the inflationary pressures that are suppose to occur when a government dilutes its money.Money is a medium of exchange.Inflation is the mother of all evils.Before 1913 the price of a loaf of
        bread stayed the same for the previous 200 years.Since 1913 it and everything else has increased by over a factor of
        10x.Most of this inflation has come after 1973.These dates are important including 1933.Does anyone have money tied up in a bond or savings account paying dirt interest?Well the fact of the matter is your LOSING money inflation is running far ahead of the intersest your being paid(your money will buy less in the future).I know most
        people dont believe what i say(my own family gives me nothing but blank stares)but the 10% return i have made my wife on her rrsp in just 3 weeks makes me think i will stick to my guns.
        I wish I could make a 10% return farming
        but things have been tough as everyone on this forum would probably agree.Have you ever converted how many pounds of grain it takes to purchase other goods and services.Lets pick on lawyers.40$ for a phone call-10 bushels-600 pounds of grain?Dentists?-I reliaze that these people are important and deserve a fair wage but these bastards do things like
        implement very small university quotas to keep their proffesions small and expensive.Sorry to go of on a tangent.
        Anyways as long as the u.s.and a lot of other countries like japan(who is in deeep trouble)continue to print wealth commodities should rise.If there is a crash and demand is killed all bets are off.If the u.s. takes steps to fix its imbalances the trend in commodities might reverse.

        P.S-all debt has to be accounted for and paid on otherwise complete chaos.

        Comment


          #19
          A few things to add

          1.The USA has an economic engine that is simply astounding, that can crank out an astounding amount of wealth. Based on manufacturing We have none.

          2. USA has big population/work force

          3 A lot of World debt is owed to the USA. If they call their Canadian loans, who worrries?

          4. We have a lot of Inflation in Canada, but you are told there is essentially no inflation.

          5. We have a general deflation of the dollar in Canada.take out a few blips.

          6.Our government is corrupt.

          7. Government is the major player in Canadian life.

          Parsley

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