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Our $9 trillion debt — that’s $9,000,000,000,000 for those of you who like to see the zeros — now costs only $8.373 trillion in Canadian currency.
11/8/07, 5:05 pm EST
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Our $9 trillion debt — that’s $9,000,000,000,000 for those of you who like to see the zeros — now costs only $8.373 trillion in Canadian currency.
Jon | 11/8/2007, 5:22 pm EST
While we can borrow and spend ever more money on non-sustainable lifestyles, our great-grandchildren will be left paying this collective mortgage to China.
gold standard is looking nice | 11/8/2007, 6:31 pm EST
the gold jump from 200 to 800 dollars really makes me glad I invest somewhat in stable commodities. Huzzah for the federal reserve making me richer!
Who knows, maybe if they keep on proping up the dow, irresponsible lenders(housing market anyone?) and the debt as money system this country is hooked on, then maybe all those tech jobs will come back here in a few years. I love manipulative economic practices!
Jed Clampett | 11/8/2007, 6:41 pm EST
you know why they are moving their money into metals and bonds? because they know a bombardment of Iran is imminent and they are protecting their money.
The masons, illuminaty, whatever they are calling themselves these days have already determined that a global conflict is what they need to consolidate their hold on the population of the planet. If this goes global, we would be fools not to kill those that would drive the planet into misery for their own political gain.
blood for oil of olay | 11/8/2007, 11:09 pm EST
gold standard -
Before you go patting yourself on the back for investing in gold, maybe you should consider the past 25 years of performance, if that’s too short term, maybe consider the last 500. Great so you’ve made some money in the short term, hold it for another thirty years and see if you feel the same way. Think this is just a bunch of Econ 101 jive, ask someone who was in his forties in say 1982 who has been investing in gold for the past 25 years and then ask someone who has been investing in a broad range of different types of securities who feels better about his financial future.
Delta Wild Man | 11/9/2007, 9:52 am EST
Welcome to the 21st Century..
I for one was wondering when this was going to happen..
Remember, we’ve got jobs in America that Americans just wont do..
So that means we’ve got some lazy ass Americans..
So the dollar is dropping in value??
Does that mean that it’s going to cost a little less for American Made Products??
But at the cost of our very lifestyle??
Hell,, We’ve been trying to change our lifestyles for years..
$5.00 a gallon gas by mid summer, wonder what that’s going to do for the price of eggs??
But it’s alright to deny American companies to drill for oil off our coasts, yet let china, castro, and Mexico drill in those very same places..
No nuclear power plants in our back yards,, and Ted Kennedy wont let wind farms be placed off our coasts due to blocking his view of GOD..
Folks we’ve not hit rock bottom yet,,, so quit talking about recovering…
Them warning signs from china didn’t get your attention with the lead base paint and date rape drugs in our children’s toys??
Our poor in this country are dying of OBESITY??
Might be time for a LIFESTYLE CHANGE!!
how assumptious | 11/9/2007, 3:24 pm EST
blood for oil of olay -
You imply that I have limited myself to a small set of investments and have not well informed myself on the history of those commodities. You are wrong. Thank you though for trying to watch out for me.
queenslander | 11/9/2007, 6:30 pm EST
Good on you Jed Clampett (11/8/2007). Hearing all that from someone else makes me realise that its not my imagination after all.
Jed Clampett | 11/9/2007, 11:43 pm EST
unfortunately there’s alot of activity towards precious metals and out of risky stocks, also, military industrial complex are still going up,
They’ve allready made the decision boys, they merely need to move money to safer spots. If I could have more control over my 401k, I would be moving a major amount to bonds or maybe just savings.
I hope the rotten bastards don’t start it before christmas.
Delta Wild Man | 11/10/2007, 12:57 pm EST
JED
I must admit,, you are following the money,,
( from reading your last post )
Your right on target, and no,, I don’t think it’s going to start before Christmas, but come Easter,, we’re going to be neck deep in it!
I enjjoy reading the Jewish publications from Israel, they tend to lay it all out there for ya, and they don’t hold no punches.
Too much of Europes Navy and our Navy is overthere for nothing to happen..
I just hope this don’t turn in to CRUS-AIDS the sequel…
remember ARM-A-GET-R-DUN..
vince vega | 11/11/2007, 2:20 am EST
I can’t wait until the dollar becomes worthless. Then robbing the rich and blowing their worthless brains out of their skulls won’t seem unnecessary…
Delta Wild Man | 11/11/2007, 11:47 am EST
Vince
Robbing the rich and blowing their worthless brains out??
Is that whay they think down in da hood??
Well as a financier of public housing,, you know, a tax payer,, I’d like to remind you that those things that magically appear from the “GUBMENT” and all that help you get for your “CHIREN”, comes from tax payers, the same that you clame to want to blow the brains out of..
NEVER FORGET,, you piss on the top man, people like you are the only one’s who get wet..
blood for oil of olay | 11/12/2007, 6:55 pm EST
What does inflation have to do with some perceived necessity to blow someone’s brains out? Am I missing something or are you just another whining candyass with a chip on his shoulder?
Jed Clampett | 11/12/2007, 7:37 pm EST
you wouldn’t understand Olay, it is written for those who hath understanding. You are not one of those and probably never will be.
Metal Shawn G | 11/14/2007, 3:33 am EST
that reminds me. this guy, scott owes me 50 bucks. does that have an effect on the economy? things are bad enough, i don’t want make them worse.
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