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To: Candor7

I wouldn’t call the banks “Leftists,” I’d call them Internationalist or Trans-national. They don’t try to hide this; they promote and extol it.

It seems like a fair bet for the banks. But I wonder how it might fail? Surely I’m not the only one wondering about this scenario.

Let’s say people jump the gun, and purchase foreign currencies before the banks have a chance to convert: soon the banks are spending already de-valued currency— simple supply —demand comes into play and the payout diminishes.

There’s also inflation. If 0 thinks they were raising hell in Europe, he hasn’t considered what we could do. Leave people with nothing, and they have nothing to lose.

This hinges on a couple of questions: How quickly can banks convert the massive sums without triggering a panic? What are the legal constraints? What are they willing to dare? What if 0&co. wake up and and take full account of political and financial constraints?


22 posted on 04/05/2009 11:02:16 AM PDT by tsomer
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To: tsomer
I know that they are those banks called transnational now. I am simply calling them what they one day WILL be called. They are helping the Obama program. Other banks are not.Same thing happened in Germany in the 1920s and 1930s.The helping banks got to finance the rearmament of Germany.

Its just too simple in some sense.But it will make a vast difference to many who do not see this coming.

It will fail because the US economy will not produce value fast enough to keep the standard of living to which Ameircans are accustomed. It will get ugly, violent, especially in the cities.And food will become scarce as bulk farms no longer have the ways to finance mass crop growth.

This is very heavy stuff. But as usual there is money to be made, if you can see what's coming and know what to do.

It also might mean war with China eventually.

24 posted on 04/05/2009 11:23:44 AM PDT by Candor7 (The weapons of choice against fascism are ridicule, and derision. (member NRA)
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