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akarunway

So the FED

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is loaning money (that's not worth the ink and paper it's printed on) to the banks that aren't worth a shit. When will the dominos start to fall?>http://www.ft.com/cms/s/0/66db756a-de5d-11dc-9de3-0000779fd2ac.html
I hold it true, whate'er befall;
I feel it, when I sorrow most;
'Tis better to have loved and lost
Than never to have loved at all.

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is loaning money (that's not worth the ink and paper it's printed on) to the banks that aren't worth a shit. When will the dominos start to fall?>http://www.ft.com/cms/s/0/66db756a-de5d-11dc-9de3-0000779fd2ac.html



They have money - they borrowed it from China. $1.4 Trillion. That's close to $5,000 for every man, woman and child, legal or illegal, in the USA.
...

The only sure way to survive a canopy collision is not to have one.

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is loaning money (that's not worth the ink and paper it's printed on) to the banks that aren't worth a shit. When will the dominos start to fall?>http://www.ft.com/cms/s/0/66db756a-de5d-11dc-9de3-0000779fd2ac.html



They have money - they borrowed it from China. $1.4 Trillion. That's close to $5,000 for every man, woman and child, legal or illegal, in the USA.



so like is that the same money that the asians have been sneaking out of here over the past 50years and then WE are barrowing it back to pay us this so called tax break???

HEY if there are any asian peeps reading this, i mean no DIROGARTORY sentiments with my post to YOU! But this was too easy...

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is loaning money (that's not worth the ink and paper it's printed on) to the banks that aren't worth a shit. When will the dominos start to fall?>http://www.ft.com/cms/s/0/66db756a-de5d-11dc-9de3-0000779fd2ac.html



They have money - they borrowed it from China. $1.4 Trillion. That's close to $5,000 for every man, woman and child, legal or illegal, in the USA.



so like is that the same money that the asians have been sneaking out of hear over the past 50years and then WE are barrowing it back to pay us this so called tax break???

HEY if there are any asian peeps reading this, i mean no DIROGARTORY sentiments with my post to YOU! But this was too easy...



I don't think buying treasury notes is generally called "sneaking". And do YOU shop at Wal-Mart?
...

The only sure way to survive a canopy collision is not to have one.

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""""

my statement went right over yr head Kal!

as far as shopping at WalMart goes are there ANY other choices that WE have to buy products from that nearly all of which are made overseas?

Im not going there tonight... I am on my period and I aint in the mood....

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is loaning money (that's not worth the ink and paper it's printed on) to the banks that aren't worth a shit. When will the dominos start to fall?



Just so you know, I've been hearing this for 40 years.



40 years ago the USA was the largest creditor nation in the history of the world. Now the USA is the largest debtor in the history of the world.

Maybe that small fact makes a difference to the outlook.

Three administrations, Reagan, Bush and Bush, are overwhelmingly responsible for the change from creditor to debtor.
...

The only sure way to survive a canopy collision is not to have one.

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>Just so you know, I've been hearing this for 40 years.

Yep. I've been hearing about hybrid cars for 35 years now - first article I saw on them was in a 1973 Popular Science. Now there are two in my driveway.

Just because something takes a while doesn't mean it won't happen. Every smoker out there has heard about lung cancer for years, but the rationale "the longer I smoke the safer I am" doesn't always pan out.

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The FED is not borrowing money; they are printing it. Since a lot of money has recently disappeared from the economy with the write downs of so many mortgages the theory is that it can do so without inflationary pressures. There is a certain amount of room for that, but if you believe that those old prices (and thus that money) were illusionary to begin with, and the rest of the economy believes that too, then the attempt to re-inflate the currency without inflating prices will fail. Rather the currency will further deflate.
This is where the economists really do get out their pointy hats with the crescent moons and stars on them and start waving wands.

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