[unkus]

ping

[blam]

Bill Gross: Without A Gigantic Reform Of Entitlements, America Will Default

[org.whodat]

We could start a game board when you pick the date for Qe10.

[SAJ]

Just btw, blam m'FRiend, there is now a very concerted effort by the assorted CBs, including the Fed, to lower the value of JPY. And, just as with their efforts to raise Euro and trash USD beginning in October of 2000, I've little doubt other than that it will succeed here, too.

Sell the Jap, buy the Canadian -- long term, mind, not a quickie.

[Errant]

If you get the chance, be sure to check out the latest from Jim Sinclar: http://jsmineset.com/

Snip

strongly suggest that if you have benefitted from JSMineset, as many of you have, consider buying yourself a hobby farm and seriously go for the exercise of self reliance. I am certain that if even to cut costs you are going to need it.

The financial system is screwed up beyond any repair. On top of that there is no desire to repair anything because the wise guys know it is impossible. It is the world that the flushing of Lehman Bros. has created. It is not a brave new world. It is more like an audition for a world of Mad Max and the Day After.

It does not matter whether or not there is more QE. The damage is done and there is no solution.

Earth shaking events are taking place in the Middle East that the media would have you believe is a spontaneous outburst of democracy. Like hell it is. It is a move from some sort of rule, like it or not, to chaos.

Now that you are financially in good shape, please get physically self reliant.

Regards, Jim

[yldstrk]

This is such crapola

[mountainbunny]

I’ve had to explain Quantitative Easing and what it means to our economy several times to different people. When I was done, everyone was shocked and angry.

All I can tell you is that there is a reason that economics aren’t usually taught in public schools. It would upset the apple cart too much.

[gogogodzilla]

Does anyone know how to actually convert one’s funds to a foreign currency? Large amounts, not to amounts you take on foreign vacations.

That, and how to bank them in reputable foreign banks.

[stevem]

Quantitative Easing QE3 Is On Its Way, Inflation Will Go Through The Roof

The only thing that has held it until now is 20% un/underemployment. Still, gasoline is through the roof. So is sustenance.

If QE3 or any other number is good, just flood the market with $25 trillion in $1 dollar bills. That should get things moving.

[phockthis]

sfl

[familyop]

Okay...this for years, too. Exporters of certain commodities will advance over the long term, while importers of those commodities will decline. So much for the “service industry” economy.