Thoughts
from Mailman17 emailed to Recaps Tues. PM
10/08/2013
Mailman17 JACK LEW IS
NOW GIVEN THE AUTHORITY TO USE FOREIGN CURRENCY RESERVES TO USE AND PAY
WHATEVER HE DEEMS FIT.
MOST THINK ITS TO PAY OFF OUR DEFICIT...I AGREE. BUT, I SERIOUSLY DOUBT THAT A COUNTRY LIKE THE USA WHO HAS BEEN ON A FIAT BASED CURRENCY (THEIR NAME ALONE BACKS THE MONEY) NOW BEING SWITCHED TO AN ASSET BACKED ( BASIL 3) HAS ANYTHING IN THEIR FOREIGN CURRNCY RESERVES TO HANDLE WHAT OBAMA CLAIMS (TO WIPE OUT HALF OF THE U.S. DEBT IN THE 4TH QUARTER).
WE DO NOT HAVE 9 TRILLION EUROS, PESOS OR EVEN BRITISH POUNDS TO HANDLE THAT FEAT LET ALONE GOLD.
BUT WE DO KNOW THEY HAVE DINAR...FOOD FOR THOUGHT.
....
Read More Link on Right
MOST THINK ITS TO PAY OFF OUR DEFICIT...I AGREE. BUT, I SERIOUSLY DOUBT THAT A COUNTRY LIKE THE USA WHO HAS BEEN ON A FIAT BASED CURRENCY (THEIR NAME ALONE BACKS THE MONEY) NOW BEING SWITCHED TO AN ASSET BACKED ( BASIL 3) HAS ANYTHING IN THEIR FOREIGN CURRNCY RESERVES TO HANDLE WHAT OBAMA CLAIMS (TO WIPE OUT HALF OF THE U.S. DEBT IN THE 4TH QUARTER).
WE DO NOT HAVE 9 TRILLION EUROS, PESOS OR EVEN BRITISH POUNDS TO HANDLE THAT FEAT LET ALONE GOLD.
BUT WE DO KNOW THEY HAVE DINAR...FOOD FOR THOUGHT.
....
Read More Link on Right
ALSO, THE MEETING WITH CHINA JUST
MAY HAVE BEEN A RATE BATTLE.
CHINA OWNS MUCH OF OUR DEBT. COMING IN LOW (1-1) BENIFITS THEM AS THEY ONLY HAVE TO WAIT TILL THE DINAR RETAINS ITS 3 DOLLAR RATE DOWN THE ROAD, HENCE TRIPLING THEIR MONEY WITHIN THE YEAR.
ON THE OTHER HAND...THE U.S WOULD LIKE A HIGHER RATE ( 3-1) AND GIVE CHINA ONLY A FEW TRILLION DINAR TO WIPE THEIR SLATE CLEAN AND ALSO GIVING THE U.S. A HEFTIER SURPLUS THAN ANTICIPATED AND THIS IS WHAT CHRISTINE LEGARD MUST DEAL WITH.
SHE IS ON A SCHEDULE TO RESET THE ENTIRE WORLD AND SHE IS DEALING WITH A SQUABBLE BETWEEN THE 2 MAJOR PLAYERS.
BUT SHE IS RUNNING OUT OF TIME AND I EXPECT HER TO DO WHAT SHE MUST TO MAKE THIS HAPPEN AND SOON, REAL SOON...AND AS ALWAYS THIS IS JMO.
CHINA OWNS MUCH OF OUR DEBT. COMING IN LOW (1-1) BENIFITS THEM AS THEY ONLY HAVE TO WAIT TILL THE DINAR RETAINS ITS 3 DOLLAR RATE DOWN THE ROAD, HENCE TRIPLING THEIR MONEY WITHIN THE YEAR.
ON THE OTHER HAND...THE U.S WOULD LIKE A HIGHER RATE ( 3-1) AND GIVE CHINA ONLY A FEW TRILLION DINAR TO WIPE THEIR SLATE CLEAN AND ALSO GIVING THE U.S. A HEFTIER SURPLUS THAN ANTICIPATED AND THIS IS WHAT CHRISTINE LEGARD MUST DEAL WITH.
SHE IS ON A SCHEDULE TO RESET THE ENTIRE WORLD AND SHE IS DEALING WITH A SQUABBLE BETWEEN THE 2 MAJOR PLAYERS.
BUT SHE IS RUNNING OUT OF TIME AND I EXPECT HER TO DO WHAT SHE MUST TO MAKE THIS HAPPEN AND SOON, REAL SOON...AND AS ALWAYS THIS IS JMO.
1 comment:
They don't have any dinar. The dinartards bought it all.
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