Home > ... > Forum 32331

> Collapse of U.S. Economy Imminent

22 January 2006, 04:19

...NEO CON BOY HERE... MWAHAHAHAHAH Don’t worry.. Nothing sexist, xenophobic, threatening or commercial below.. Just the opposite point of view :).

The anglo-american axis already dominates every nation on the planet, get over it. We are just maintaining our dominance. We’re pretty good Hegemon’s. The French, Germans, Chinese, Russians, etc totally blow as Hegemons and the Japanese aren’t interested...

Point #1: The Iranians hold an insignificant amount of Foreign exchange reserves. If they dumped them all it would be no big deal. The Euro has not been successful because the ECB set interest rates to a measly 2%. The Iraqis, Saudis Qataris, and Kuwaitis are nominally on our side , or at least their governmetns are, and won’t join some screwy Iranian plan to end American economic hegemony...

Point #2: People have been predicting the move away from U.S assets by the Chinese forever.. Not going to happen. Where are they going to put their money anyway? Besides a lot of the Chinese economy is dependent on the Chinese government continually transfering money from their citizens to the government through state directed lending and what better way to do that then lending the U.S the money to buy goods from Chinese corporations that would be just too low margin to stay in business otherwise.

Point #3: Hmmm... Unsubstantiated rumors... Do you have any links? I would be interested and amused... They didn’t prevent safety deposit box utilization until 2 years after the crash of 29 so I’m not too worried. Gold is inching up there though.. Pretty cool since I got a lot. They did stop publishing M3 which was kind of interesting

Point #4: Fema? Oh no not the black helicopters.. help... I have been hearing about these things, for at least 10 or more years...

Point #5: What does this have to do with the economy? China doesn’t have any of this stuff and their economy is booming... Why can’t we stay on topic. This also applies to point #4

Anyway... If you are so super badass and you think the collapse of the economy is imminent you might want to sell 10 year dollar swaps, buy gold or go move to a shack in Siberia.