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11:13 PM
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BREAKING - IMF has COMPETITION now!!!
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[quote:Theobromine:MV8yNTkyNDQ4XzQ1MjQzNzU3X0ZBQUUxQjZE] [quote:KillerB:MV8yNTkyNDQ4XzQ1MjQxNzkwXzYyNzYwOTQ5] As if the first IMF did any good. When will we get to discover what sovereignty contracts this new IMF will get to have in relation to these new IMF related countries? Because no IMF will be at the mercy of the BRICS countries individually. This is the law. The first IMF is not a company or an organization of any sort traditionally speaking. They are literally a country, independent of any other country hosting their offices. Their employees enjoy diplomatic immunity. They are de facto a sovereign country which to me is the highest possible legal status when doing business. The only other organization that I know of with this status is the BBC. Believe it or not the media empire called the BBC is actually a country of its own. I can prove this if need be. The contacts exist online. [/quote] This makes the NEW - we'll say IMF 2 a SUPRANATIONAL Entity. The IMF is already a Supranational - but it IS CONTROLLED FROM THE FED and housed in the USA and the interests of the US and the IMF are intertwined, IMHO. OK, back in 2008-9 or FEDERAL RESERVE signed to BACK UP the newly created European Central Bank - so everything flowed thru the FED one way or another - and a good way to have access to information. Protests throughout the world against the FED - the curtain has been pulled back-are increasing and heating up. The Chinese were buying 2/3rds or more of our Treasury auctions until they announced with the "new guy" Jaing that they would taper off buying over 5 years. That was in 2009 I believe-with O posturing how he was gonna tell the Chinese a thing or too and getting his b**ls handed to him during a closed door meeting - I guess he didn't know who owned our economy..haha..idiot... So, the the QE stuff started - or rather T bond sales went up and there were very few takers - so we just bought it ourselves..... People thats like buying a check you wrote with another check and putting them ALL IN A DRAWER FOR LATER!!! LATER is here. The FED lives and breathes because of the INTEREST they make on every dollar that is created - whether physically or electronically (physical =6% and electronic in batches I think I read was at a small discount, but nevertheless the interest is eating our productivity alive) My guess is that they will go CYPRUS and attack the bank deposits just like Jessie James "Because that's where the money is". The bills in congress have been entered for over 10 years to do this one way or another - noone thought it would go on this long.... They could easily FORCE FEED THIS ROTTEN WORTHLESS TREASURY PAPER TO THE PENSION SYSTEM-LIKE FATTENING THE GOOSE for slaughter.... - Then cooking it when the pensioners find out that the PAPER receipts don't buy anything in retirement either because they have inflated them to worthless or they are unsaleable.... But it all looks good on the statements....... looking for the GLP effect here but little hope..... The pension system including 401(k)s and 403(b)s, IRA's etc is the last place to get BIG money and the rest of the world isn't buying.... So it would be a double WHAMMY to have the pensions stuffed with worthless paper - and the actual DOLLAR devalued in a Currency GLOBAL RESET-to lets say 70% of its current value in the first round (multiple rounds expected) And a TRIPLE WHAMMY if the BRICS launch a system outside of the dollar - so there are no foreigners that HAVE to use dollare to settle trade in oil or other goods. Right now that's where our advantage comes from - but we export little but inflation to the other countries and they are sick of it! If These BRICS set up their own SUPRANATIONAL ENTITY to compete with what used to be the only game in town - the FED goes down and unfortunately drags the unsuspecting populace with it - and the rats desert the ship to offshore and we are left with a looted country. That looks likely. What do you guys think? Another source of dozens: http://www.silverdoctors.com/tag/jim-willie/ [/quote]
Original Message
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link to finance.yahoo.com
]
'Nuff said.
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