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Old 11-10-2007, 10:17 PM   #1
HighRoller
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Weakening Dollar, end of the economy, Gold and OIL worth tons, it's over

http://www.thetrumpet.com/index.php?q=4288.2525.0.0
http://money.cnn.com/2007/11/08/pf/s...ion=2007110916



How bad will it get over the next few years?
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Old 11-10-2007, 10:18 PM   #2
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damn, that looks so disturbing I'm scared to open the links to read the bad news
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Old 11-10-2007, 10:35 PM   #3
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http://www.nytimes.com/2007/09/21/bu.../21dollar.html
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Old 11-10-2007, 10:39 PM   #4
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Originally Posted by HighRoller
it's over
What's over?
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Old 11-10-2007, 10:40 PM   #5
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just read the article
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Old 11-10-2007, 10:45 PM   #6
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Gold isn't worth a ton. Gold is worth the same it was in 1980. It should be worth over $2000 right now if it just rose at the same rate as inflation.
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Old 11-10-2007, 10:47 PM   #7
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just read the article
I did.


.......
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Old 11-10-2007, 10:57 PM   #8
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Sigh....
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Old 11-10-2007, 11:21 PM   #9
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not good.....America screwed the rest of the world.
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Old 11-10-2007, 11:32 PM   #10
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America screwed the world

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Old 11-11-2007, 12:06 AM   #11
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"not good.....America screwed the rest of the world. "



US is what keeps the world economy afloat, if hypothetically US would cease to exist tomorrow, everyone's income on here would drop by 90%...
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Old 11-11-2007, 12:11 AM   #12
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150$ oil, 1 euro = 2 $ december 2008
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Old 11-11-2007, 12:14 AM   #13
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150$ oil, 1 euro = 2 $ december 2008
I think it'll be sooner than Dec. 2008
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Old 11-11-2007, 12:23 AM   #14
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it will happen.. it's not a matter of if but when..
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Old 11-11-2007, 12:33 AM   #15
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Old 11-11-2007, 04:08 AM   #16
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according to the GFY experts, U.S. is responsible for world hunger, every war since 1830 BC!, Genocide in Rwanda, Solar Flares, The Big Bang, the Comet that wiped out the dinosaurs....

Did i miss anything?
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Old 11-11-2007, 04:14 AM   #17
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This is what happens when we drop rates and print money with nothing to back it and we borrow trillions from China.

video on right sidebare
http://www.abcnews.go.com/Politics/V...3839318&page=1
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Old 11-11-2007, 04:40 AM   #18
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Originally Posted by woj
US is what keeps the world economy afloat, if hypothetically US would cease to exist tomorrow, everyone's income on here would drop by 90%...
Are you REALLY this stupid or is it an act you put on for GFY?
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Old 11-11-2007, 04:45 AM   #19
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Not saying a word....
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Old 11-11-2007, 04:49 AM   #20
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Broken faith ???

Quote:
And because the world?s largest economies are so closely intertwined, the effects will not be limited to the United States. Confidence in the world?s financial system?a system based on the dollar as the reserve currency?is failing, not because of a liquidity crunch, a popping housing bubble, or the myriad of other commonly spouted economic causes, but because of broken faith. The result will be a new world financial order?one without America at the head.
Taken from: http://www.thetrumpet.com/index.php?q=4288.2525.0.0


"broken faith" ... fuck talking about being clued out big time !



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Old 11-11-2007, 05:15 AM   #21
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and that's why I don't believe in the printed word anymore...........seriously, reading that article "the trompet" ...... makes it sound like the end of the world is coming and we have to either cut our veins or wait for an alien mothership to come and pick us up..............shit............seriously depressing POV.......

Some see the glass half empty..........I see it "half full", but I wouldn't drink it anyways.........
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Old 11-11-2007, 05:34 AM   #22
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"not good.....America screwed the rest of the world. "



US is what keeps the world economy afloat, if hypothetically US would cease to exist tomorrow, everyone's income on here would drop by 90%...
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Old 11-11-2007, 06:10 AM   #23
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US is what keeps the world economy afloat, if hypothetically US would cease to exist tomorrow, everyone's income on here would drop by 90&#37;...
Well said.
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Old 11-11-2007, 08:01 AM   #24
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cemeteries are full of people who thought the world wont exist without them - Napoleon
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Old 11-11-2007, 08:26 AM   #25
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well, i'm not concerned at all. wait till the next war US will be involved in and the dollar would raise. sorry to say that, but facts are facts...
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Old 11-11-2007, 09:50 AM   #26
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Are you REALLY this stupid or is it an act you put on for GFY?
Gee, stop billing US customers and stop doing business with US companies, and we'll see how far you get...
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Old 11-11-2007, 09:51 AM   #27
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and that's why I don't believe in the printed word anymore...........seriously, reading that article "the trompet" ...... makes it sound like the end of the world is coming and we have to either cut our veins or wait for an alien mothership to come and pick us up..............shit............seriously depressing POV.......

Some see the glass half empty..........I see it "half full", but I wouldn't drink it anyways.........
I'd rather read that than have Fox News tell me that Al Qaeda is behind the dollar falling.
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Old 11-11-2007, 10:16 AM   #28
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Originally Posted by woj
Gee, stop billing US customers and stop doing business with US companies, and we'll see how far you get...
You really are naive, to put it mildly.
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Old 11-11-2007, 10:48 AM   #29
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what about what he said is untrue? try it

I think you are a fool.
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Old 11-11-2007, 11:04 AM   #30
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what about what he said is untrue? try it

I think you are a fool.
Against my better judgement, I'll humour you.

1. The bulk of my current business already originates from outside the US and is being billed in other currencies.

2. It's really naive to keep thinking that the world economy revolves around the USA, when China, Japan, Saudi Arabia and a few other nations could buy and sell the US several times over. The only reason why that hasn't yet happened is because they have not had enough military power to back it up. But guess what, money can buy military power too. If the US keeps up the arrogance I think it's only a matter of time before some other nation decides to make the US its bitch, just to prove that it can be done.
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Old 11-11-2007, 01:25 PM   #31
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I did see that video , and forgot to mention it.
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Old 11-11-2007, 01:26 PM   #32
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so you are telling me that if 90&#37; of the people on this board stopped promoting USA sites that they wouldnt all be broke? because that is what he said. and they would because most webmasters DO rely on USA companies.
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Old 11-11-2007, 02:32 PM   #33
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according to the GFY experts, U.S. is responsible for world hunger, every war since 1830 BC!, Genocide in Rwanda, Solar Flares, The Big Bang, the Comet that wiped out the dinosaurs....

Did i miss anything?
you forgot about Eskimo's!
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Old 11-11-2007, 03:00 PM   #34
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bad times = awesome opportunities. You can panic and cross you fingers, or you can hedge your bets and buy in at the bottom.
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Old 11-11-2007, 03:02 PM   #35
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by the way, european currencies are way overvalued, asian currencies are undervalued. Think long term.
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Old 11-11-2007, 03:12 PM   #36
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Originally Posted by woj
US is what keeps the world economy afloat, if hypothetically US would cease to exist tomorrow, everyone's income on here would drop by 90%...
I think what you'll find is that the US $ keeps the world economy aflot. If the US $ would cease to exist, OPEC would shift trading to Euro, and then the Euro would become the world economy.

Saddam switched trading of Saddam Oil? to Euro after the 91 Kuqait shenanigans. That pissed the US off, and with good reason.

Oil lubricates the world's cogs. Not the US.
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Old 11-13-2007, 08:54 PM   #37
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a new article

http://www.thetrumpet.com/index.php?q=4425.2682.0.0
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