paper tigers
so, ya say you have billions of dollas in american debts. So, ya say the dolla's not worth the paper its written on. So ya say you really wanna be buying oil in euros or won?
go right ahead!
ha! the debt you have is worthless. Ask anyone with stock in enron or a pension fund from a large U.S. manufacturor. We can't even pay for the war we're loosing without going tragically in debt. it's like owning debt from a crackhead. We might have the volume in revenue, but we sure don't ever seem to get out of debt.
Figure it out, people,
the U.S. government owes more than it's worth!
It IS INEVITABLE that y'all will be running for the door,
but none of you want to be the first because you don't believe you'll be able to unload the crap before it becomes absolutely worthless. So, you limp along and hope that the next guy is stupider than the last. Is there a more classic definition of the word *SPECULATIVE BUBBLE.
WANT PROOF? CHeck out how the chinese are trying to quietly unburden themselves from the U.S. dollar. by moving to the euros they're hedging their bets against a loss. Who else but the chinese, who own most u.s. debts these days would know better?
go right ahead!
ha! the debt you have is worthless. Ask anyone with stock in enron or a pension fund from a large U.S. manufacturor. We can't even pay for the war we're loosing without going tragically in debt. it's like owning debt from a crackhead. We might have the volume in revenue, but we sure don't ever seem to get out of debt.
Figure it out, people,
the U.S. government owes more than it's worth!
It IS INEVITABLE that y'all will be running for the door,
but none of you want to be the first because you don't believe you'll be able to unload the crap before it becomes absolutely worthless. So, you limp along and hope that the next guy is stupider than the last. Is there a more classic definition of the word *SPECULATIVE BUBBLE.
WANT PROOF? CHeck out how the chinese are trying to quietly unburden themselves from the U.S. dollar. by moving to the euros they're hedging their bets against a loss. Who else but the chinese, who own most u.s. debts these days would know better?
posted by chuckamok at 4:30 AM
2 Comments:
They may have a trouble finding a sucker to trade all their US green for any other currency. The only sucker left, the US citizens do not have any other currency. It's a question of when they decide to dump the whole thing for a few pounds of peanuts.
amen bro....
my bet is they'll trade it for vengence bucks to Venezuala or France. Hey d'ya think the Louisiana purchase can work in reverse?
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