JDRock (17th September 2012)
Neuro (17th September 2012)
thanks jd i have also heard this from guys i know that was there also .
Now remember, when things look bad and it looks like youre not gonna make it, then you gotta get mean, mad-dog mean. Cause if you lose your head and you give up then you neither live nor win. Thats just the way it is. ~ Outlaw Josey Wales
STOP F*CKING WITH US.
JDRock (19th September 2012)
Are the slant eyed jews selling refined oil, i.e. gasoline? Because they don't export oil.
this was a few years back but i cant say who but a few guys i know guarded guys looking for stuff in the ground an hills in Afghanistan
Now remember, when things look bad and it looks like youre not gonna make it, then you gotta get mean, mad-dog mean. Cause if you lose your head and you give up then you neither live nor win. Thats just the way it is. ~ Outlaw Josey Wales
STOP F*CKING WITH US.
They're simply offering to serve as the transaction broker between any two parties, the same as what the U.S. does now with the Petro Dollar. If the UK buys oil from Canada, it's brokered in U.S. dollars.
This really provides some insight as to why we are positioning ourselves for war with Iran. If they go for it, the war is on.
banjo (18th September 2012)
Because bretton woods finally collapsed in 2008.
Fro m1944-2008...the US consumer was able to supply the world with the required amount of US dollars to sustain teh global trade system...but in 2008...the US consumer reached their maximum potential to be the demand of the world.
prior to and leeding up to 2008...US consumers were supplying the investment banks with massive amounts of surplus US dollars.
What was done with all those US dollars?
Well one thing that was done was to buy Euros....and the banks placed bets tha tthe euro would rise in value against the uS dollar and the nthe Euros were used to buy Spanish bonds and the banks placed bets that the bonds would be bid up and that yields would drop.
and in spain the banks all invested (bet) into real estate that was booming due to the collapse in spanish yields.
The same thing was done to Iceland and Greece....and the rest of the world.
but in 2008...the US consumer after the roaring 6 decades reached their maximum potential to supply the demand of the world for inflation.
and now the world is collapsing...
Because the supply of US dollars has been cut...China and other countries have had to resort to side trade deals outside of the Bretton woods global trade system.
The war on teh axis of evil? that is just the list of countries that are being cut off from teh supply of US dollars as the USA collapses...
Of course you all have been brainwashed to think something different is going on.
Without the US consumer...the EU caves and so does China...and that is what is happening.
The EU and China are net oil importers...
China imports 5 million barrels a day.
The EU imports 8.6 million barrels a day.
North America imports 7 million barrels a day.
But has the largest reserves of oil and coal on Earth.
The global rig count has 64% of drilling operations taking place in North America.
Without the demand from North America...The EU and China's ability to derive the required income to sustain their economies ceases.
as the USA collapses...the rest of the world will collapse.
China is not a rising power....they are a slave that is being cut off from their food source and is now beginning to starve.
The ghost cities in china were built with food stamp money...the source of the US dollars china used to build the Ghost cities exists in the USA.
massive US government and private defict spending has powered the inflation of the world.
sorry...and now that it's ending...all the economic models of all the external economic zones are imploding.
because they are all based on capitalizing upon the 1944 bretton woods global trade system...that is now collapsing.
k-os (18th September 2012),mick silver (28th September 2012),singular_me (18th September 2012),Sparky (18th September 2012),Spun Gold (19th December 2012),vacuum (18th September 2012)
All of our cherished delusions are being shattered?
Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon
Errosion Of Accord (18th September 2012),JDRock (18th September 2012)
Jeez, the legs are being knocked out from under the dollar each and every day it seems. We are screwed in the coming days:
Attachment 3717
Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon
k-os (18th September 2012)