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WOW what a Friday on the news front!

 
Anonymous Coward
User ID: 13926736
United States
02/08/2013 04:27 PM
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WOW what a Friday on the news front!
WOW, NY, LA and Venezuela.....
Balloons

User ID: 33864271
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02/08/2013 04:38 PM
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Re: WOW what a Friday on the news front!
WOW, NY, LA and Venezuela.....
 Quoting: Anonymous Coward 13926736


What??
Put a lion in a cage for years without food and watch what happens.
Its appetite will of cause grow and grow, and then you point your finger at its hunger?
Anonymous Coward (OP)
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02/08/2013 04:44 PM
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Re: WOW what a Friday on the news front!
What??

If you don't know I can not help.
Anonymous Coward (OP)
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02/08/2013 04:45 PM
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Re: WOW what a Friday on the news front!
Venezuela Launches First Nuke In Currency Wars, Devalues Currency By 46%
Submitted by Tyler Durden on 02/08/2013 - 15:26
While the rest of the developed world is scrambling here and there, politely prodding its central bankers to destroy their relative currencies, all the while naming said devaluation assorted names, "quantitative easing" being the most popular, here comes Venezuela and shows the banana republics of the developed world what lobbing a nuclear bomb into a currency war knife fight looks like:

VENEZUELA DEVALUES FROM 4.30 TO 6.30 BOLIVARS
VENEZUELA NEW CURRENCY BODY TO MANAGE DOLLAR INFLOWS
CARACAS CONSUMER PRICES ROSE 3.3% IN JAN.

And that, ladies and gents of Caracas, is how you just lost 46% of your purchasing power, unless of course your fiat was in gold and silver, which just jumped by about 46%. And, in case there is confusion, this is in process, and coming soon to every "developed world" banana republic near you.
Anonymous Coward (OP)
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02/08/2013 04:46 PM
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Re: WOW what a Friday on the news front!
[link to www.zerohedge.com]
Balloons

User ID: 33864271
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02/08/2013 04:51 PM
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Re: WOW what a Friday on the news front!
Venezuela Launches First Nuke In Currency Wars, Devalues Currency By 46%
Submitted by Tyler Durden on 02/08/2013 - 15:26
While the rest of the developed world is scrambling here and there, politely prodding its central bankers to destroy their relative currencies, all the while naming said devaluation assorted names, "quantitative easing" being the most popular, here comes Venezuela and shows the banana republics of the developed world what lobbing a nuclear bomb into a currency war knife fight looks like:

VENEZUELA DEVALUES FROM 4.30 TO 6.30 BOLIVARS
VENEZUELA NEW CURRENCY BODY TO MANAGE DOLLAR INFLOWS
CARACAS CONSUMER PRICES ROSE 3.3% IN JAN.

And that, ladies and gents of Caracas, is how you just lost 46% of your purchasing power, unless of course your fiat was in gold and silver, which just jumped by about 46%. And, in case there is confusion, this is in process, and coming soon to every "developed world" banana republic near you.
 Quoting: Anonymous Coward 13926736


So the price on everything will keep rising? AGAIN
hiding
Put a lion in a cage for years without food and watch what happens.
Its appetite will of cause grow and grow, and then you point your finger at its hunger?
Anonymous Coward (OP)
User ID: 13926736
United States
02/08/2013 04:55 PM
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Re: WOW what a Friday on the news front!
So the price on everything will keep rising? AGAIN


Yes, and everyone, "..." lost almost 50% of there wealth, and for the rest we should see the same.

You in Dem, will be ok.
Balloons

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02/08/2013 05:01 PM
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Re: WOW what a Friday on the news front!
So the price on everything will keep rising? AGAIN


Yes, and everyone, "..." lost almost 50% of there wealth, and for the rest we should see the same.

You in Dem, will be ok.
 Quoting: Anonymous Coward 13926736


Yea food and shelter is most important
Put a lion in a cage for years without food and watch what happens.
Its appetite will of cause grow and grow, and then you point your finger at its hunger?
Anonymous Coward
User ID: 33953821
United States
02/08/2013 05:46 PM
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Re: WOW what a Friday on the news front!
So the price on everything will keep rising? AGAIN


Yes, and everyone, "..." lost almost 50% of there wealth, and for the rest we should see the same.

You in Dem, will be ok.
 Quoting: Anonymous Coward 13926736


You mean there not here right.

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