To: Lorianne
World-wide doubts as to the reality of US taxpayers being able to service US debt is growing. Continual counterfiet (fake) US bond discoveries can worsen the problem, obviously. People are noticing. Still, whats’ a hundred billion in a world with hundreds of trillions at risk, and, over a thousand trillion in credit derivatives in US dollars traded every year?
11 posted on
09/20/2009 2:48:42 PM PDT by
givemELL
(Does Taiwan Meet the Criteria to Qualify as an "Overseas Territory of the United States"? by Richar)
To: givemELL
Yes it is. I can see some sort world wide currency in the future denominated in commodities and not the USD. Notice what the Chinese are doing buying up all the mines and wells they can get their hands on. They recently declared no more export of gold and silver. They are slowly but steadily moving away from the Bucky. They also gave permission for at least 3 SOE’s ( State Owned Entities) to walk away from their derivatives contracts. Basically telling the US banks to to **** themselves.
14 posted on
09/20/2009 3:20:17 PM PDT by
Polynikes
(Viene una tormenta)
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