US Triple-A Rating in Jeopardy on eve of Bernanke Speech on USD | |
Anonymous Coward (OP) User ID: 566027 Netherlands 10/15/2010 03:48 AM Report Abusive Post Report Copyright Violation | And this will also come down the pike today: U.S. to Judge China's Yuan Policy as Elections Near October 15, 2010 President Barack Obama's administration faces a tough call on Friday whether to label China a currency manipulator, a move many U.S. lawmakers say is overdue but one that could sour Sino-U.S. relations. Full Source: [link to abcnews.go.com] A lot of action. |
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Anonymous Coward (OP) User ID: 566027 Netherlands 10/15/2010 08:27 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 566027 Netherlands 10/15/2010 08:34 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 937235 Puerto Rico 10/15/2010 08:44 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1130322 Poland 10/15/2010 08:47 AM Report Abusive Post Report Copyright Violation | The ratings agencies are a joke. They had all this defaulted mortgage paper rated AAA. If they weren't in bed with the FED and Wall Street, US treasury notes would already be rated junk and everyone with a brain knows it. Quoting: Anonymous Coward 937235Absolutely. That's the fact of it. And now they are all gonna unwind from the US dollar. We will be in freefall soon. The US will probably not exist in 2011. |
Anonymous Coward (OP) User ID: 566027 Netherlands 10/15/2010 08:48 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 862727 United States 10/15/2010 08:48 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 937235 Puerto Rico 10/15/2010 08:49 AM Report Abusive Post Report Copyright Violation | The ratings agencies are a joke. They had all this defaulted mortgage paper rated AAA. If they weren't in bed with the FED and Wall Street, US treasury notes would already be rated junk and everyone with a brain knows it. Quoting: Anonymous Coward 1130322Absolutely. That's the fact of it. And now they are all gonna unwind from the US dollar. We will be in freefall soon. The US will probably not exist in 2011. It will exist, but it will be worse, and worse and worse for the average joe because the bankstas stole all the money for themselves. |
Anonymous Coward (OP) User ID: 566027 Netherlands 10/15/2010 08:52 AM Report Abusive Post Report Copyright Violation | The ratings agencies are a joke. They had all this defaulted mortgage paper rated AAA. If they weren't in bed with the FED and Wall Street, US treasury notes would already be rated junk and everyone with a brain knows it. Quoting: Anonymous Coward 937235Last year, Moody's declared that ALL US municipalities were in debt trouble. Not some, just all city, county and state's. Thus be default, you would think that they would place a notch down-grade on the US Federal government - nope. The thing is, as a whole, the US still has the greatest potential of any market. It is a large, generally unified market who all speak the same language and are willing to buy. That is the only reason I can see why Moody's or similar has not taken such an action. Yet, with the world's reserve currency, for that IS what it STILL is, getting trounced on, Moody's will soon have no choice... |
Anonymous Coward (OP) User ID: 566027 Netherlands 10/15/2010 09:01 AM Report Abusive Post Report Copyright Violation | Middle East oil producers selling oil largely in USD, will not like this. Also, this just in: "Social Security benefits won't rise for inflation" www.marketwatch.com So, they are willing to give money away to everyone else with this QE2, but not keep the SS everyone paid for up to standard. |
Anonymous Coward User ID: 937235 Puerto Rico 10/15/2010 09:01 AM Report Abusive Post Report Copyright Violation | The ratings agencies are a joke. They had all this defaulted mortgage paper rated AAA. If they weren't in bed with the FED and Wall Street, US treasury notes would already be rated junk and everyone with a brain knows it. Quoting: Anonymous Coward 566027Last year, Moody's declared that ALL US municipalities were in debt trouble. Not some, just all city, county and state's. Thus be default, you would think that they would place a notch down-grade on the US Federal government - nope. The thing is, as a whole, the US still has the greatest potential of any market. It is a large, generally unified market who all speak the same language and are willing to buy. That is the only reason I can see why Moody's or similar has not taken such an action. Yet, with the world's reserve currency, for that IS what it STILL is, getting trounced on, Moody's will soon have no choice... The US debt and unfunded liabilities now approach 200 trillion dollars. The income is 2 trillion dollars a year. Do the math. The US is bankrupt by 2 orders of magnitude. It's like you making 200 thousand dollars a year and owing 20 million dollars. You are just never going to be able to pay off the debt. |
Anonymous Coward User ID: 1131015 India 10/15/2010 09:05 AM Report Abusive Post Report Copyright Violation | The ratings agencies are a joke. They had all this defaulted mortgage paper rated AAA. If they weren't in bed with the FED and Wall Street, US treasury notes would already be rated junk and everyone with a brain knows it. Quoting: Anonymous Coward 1130322Absolutely. That's the fact of it. And now they are all gonna unwind from the US dollar. We will be in freefall soon. The US will probably not exist in 2011. true true.ben's speech will start another rally on wall street |
Anonymous Coward User ID: 937235 Puerto Rico 10/15/2010 09:07 AM Report Abusive Post Report Copyright Violation | The ratings agencies are a joke. They had all this defaulted mortgage paper rated AAA. If they weren't in bed with the FED and Wall Street, US treasury notes would already be rated junk and everyone with a brain knows it. Quoting: Anonymous Coward 1131015Absolutely. That's the fact of it. And now they are all gonna unwind from the US dollar. We will be in freefall soon. The US will probably not exist in 2011. true true.ben's speech will start another rally on wall street Stocks are going to go up in US dollars, but measured by purchasing power or denominated in gold, they will go down. |
Anonymous Coward (OP) User ID: 566027 Netherlands 10/15/2010 09:09 AM Report Abusive Post Report Copyright Violation | The ratings agencies are a joke. They had all this defaulted mortgage paper rated AAA. If they weren't in bed with the FED and Wall Street, US treasury notes would already be rated junk and everyone with a brain knows it. Quoting: Anonymous Coward 937235Last year, Moody's declared that ALL US municipalities were in debt trouble. Not some, just all city, county and state's. Thus be default, you would think that they would place a notch down-grade on the US Federal government - nope. The thing is, as a whole, the US still has the greatest potential of any market. It is a large, generally unified market who all speak the same language and are willing to buy. That is the only reason I can see why Moody's or similar has not taken such an action. Yet, with the world's reserve currency, for that IS what it STILL is, getting trounced on, Moody's will soon have no choice... The US debt and unfunded liabilities now approach 200 trillion dollars. The income is 2 trillion dollars a year. Do the math. The US is bankrupt by 2 orders of magnitude. It's like you making 200 thousand dollars a year and owing 20 million dollars. You are just never going to be able to pay off the debt. Good point. And we would NEVER even be allowed to get in that position. so why was the US? Either there is going to be A LOT of pissed off business people and leaders around the world at this weak USD policy, American workers included -- or -- something else is at work here. The only thing that comes to mind is the G20 lot is doing a crash and burn reset. The G20 has already started the foundations of a new reserve currency in 2009, which Obama agreed to, via the IMF. It has funding from all nations, including the US. Hard to say, but a weak USD policy is just crazy in my mind for the world's largest economy and holder of the de-facto reserve currency. |
Anonymous Coward User ID: 1131015 India 10/15/2010 09:10 AM Report Abusive Post Report Copyright Violation | The ratings agencies are a joke. They had all this defaulted mortgage paper rated AAA. If they weren't in bed with the FED and Wall Street, US treasury notes would already be rated junk and everyone with a brain knows it. Quoting: Anonymous Coward 937235Last year, Moody's declared that ALL US municipalities were in debt trouble. Not some, just all city, county and state's. Thus be default, you would think that they would place a notch down-grade on the US Federal government - nope. The thing is, as a whole, the US still has the greatest potential of any market. It is a large, generally unified market who all speak the same language and are willing to buy. That is the only reason I can see why Moody's or similar has not taken such an action. Yet, with the world's reserve currency, for that IS what it STILL is, getting trounced on, Moody's will soon have no choice... The US debt and unfunded liabilities now approach 200 trillion dollars. The income is 2 trillion dollars a year. Do the math. The US is bankrupt by 2 orders of magnitude. It's like you making 200 thousand dollars a year and owing 20 million dollars. You are just never going to be able to pay off the debt. moody,standard n poor,wall street,AIG,Treasury,federal reserve,banks :they are part of network.nobody's going to accept blame and going to blame another. 200 trillion is huge money.but this is NOT serious problem.USA can introduce new money and things will continue forever. |
Anonymous Coward User ID: 1131015 India 10/15/2010 09:13 AM Report Abusive Post Report Copyright Violation | Stocks are going to go up in US dollars, but measured by purchasing power or denominated in gold, they will go down. Quoting: Anonymous Coward 937235PPP n godl are not real measures.Military power and political stability is real backing for dollar |
Anonymous Coward (OP) User ID: 566027 Netherlands 10/15/2010 09:14 AM Report Abusive Post Report Copyright Violation | The ratings agencies are a joke. They had all this defaulted mortgage paper rated AAA. If they weren't in bed with the FED and Wall Street, US treasury notes would already be rated junk and everyone with a brain knows it. Quoting: Anonymous Coward 937235Absolutely. That's the fact of it. And now they are all gonna unwind from the US dollar. We will be in freefall soon. The US will probably not exist in 2011. true true.ben's speech will start another rally on wall street Stocks are going to go up in US dollars, but measured by purchasing power or denominated in gold, they will go down. EXACTLY! It is a temporary hoodwink so that people see their 401k's and stock investments "going up" in USD value, but in fact the Purchasing Power of the USD will be sinking twice as fast, or something like that. Heck, who knows, there may be a flight tangible products and investments that crash both the markets and the world's reserve currency. Now that would be doom. |
Anonymous Coward User ID: 937235 Puerto Rico 10/15/2010 09:14 AM Report Abusive Post Report Copyright Violation | The ratings agencies are a joke. They had all this defaulted mortgage paper rated AAA. If they weren't in bed with the FED and Wall Street, US treasury notes would already be rated junk and everyone with a brain knows it. Quoting: Anonymous Coward 566027Last year, Moody's declared that ALL US municipalities were in debt trouble. Not some, just all city, county and state's. Thus be default, you would think that they would place a notch down-grade on the US Federal government - nope. The thing is, as a whole, the US still has the greatest potential of any market. It is a large, generally unified market who all speak the same language and are willing to buy. That is the only reason I can see why Moody's or similar has not taken such an action. Yet, with the world's reserve currency, for that IS what it STILL is, getting trounced on, Moody's will soon have no choice... The US debt and unfunded liabilities now approach 200 trillion dollars. The income is 2 trillion dollars a year. Do the math. The US is bankrupt by 2 orders of magnitude. It's like you making 200 thousand dollars a year and owing 20 million dollars. You are just never going to be able to pay off the debt. Good point. And we would NEVER even be allowed to get in that position. so why was the US? Either there is going to be A LOT of pissed off business people and leaders around the world at this weak USD policy, American workers included -- or -- something else is at work here. The only thing that comes to mind is the G20 lot is doing a crash and burn reset. The G20 has already started the foundations of a new reserve currency in 2009, which Obama agreed to, via the IMF. It has funding from all nations, including the US. Hard to say, but a weak USD policy is just crazy in my mind for the world's largest economy and holder of the de-facto reserve currency. The reason is simple. A return to fiscal responsibility at any time within the past two decades would have caused an economic collapse, which is obviously politically unacceptable. So instead, a printing press has been used to induce an artificial state of prosperity, and it has now gotten to the point of absurdity...the US is bankrupt many times over and it's all unwinding in a race to zero for ALL the fiat currencies as measured in tangible wealth or purchasing power....because the US dollar is the lynch pin of the whole global financial system. So it's like rooting the whole financial system in bird feathers, or trinkets and beads...or (name any other worthless item). There is no anchor. |
Anonymous Coward (OP) User ID: 566027 Netherlands 10/15/2010 09:16 AM Report Abusive Post Report Copyright Violation | Stocks are going to go up in US dollars, but measured by purchasing power or denominated in gold, they will go down. Quoting: Anonymous Coward 1131015PPP n godl are not real measures.Military power and political stability is real backing for dollar To a degree that holds weight, but the playing field on that front is being leveled. what political stability in America? The USA is more politically split than I have ever seen it. |
Anonymous Coward User ID: 946424 United States 10/15/2010 09:17 AM Report Abusive Post Report Copyright Violation | The ratings agencies are a joke. They had all this defaulted mortgage paper rated AAA. If they weren't in bed with the FED and Wall Street, US treasury notes would already be rated junk and everyone with a brain knows it. Quoting: Anonymous Coward 937235Not only are the ratings agencies IN BED with the Fed - they're LICENSED BY THE US GOVERNMENT! You can't ever tell the truth about someone that has your balls in their fist. |
Anonymous Coward (OP) User ID: 566027 Netherlands 10/15/2010 09:18 AM Report Abusive Post Report Copyright Violation | The reason is simple. A return to fiscal responsibility at any time within the past two decades would have caused an economic collapse, which is obviously politically unacceptable. Quoting: Anonymous Coward 937235So instead, a printing press has been used to induce an artificial state of prosperity, and it has now gotten to the point of absurdity...the US is bankrupt many times over and it's all unwinding in a race to zero for ALL the fiat currencies as measured in tangible wealth or purchasing power....because the US dollar is the lynch pin of the whole global financial system. So it's like rooting the whole financial system in bird feathers, or trinkets and beads...or (name any other worthless item). There is no anchor. for truth. |
Anonymous Coward User ID: 937235 Puerto Rico 10/15/2010 09:18 AM Report Abusive Post Report Copyright Violation | Stocks are going to go up in US dollars, but measured by purchasing power or denominated in gold, they will go down. Quoting: Anonymous Coward 566027PPP n godl are not real measures.Military power and political stability is real backing for dollar To a degree that holds weight, but the playing field on that front is being leveled. what political stability in America? The USA is more politically split than I have ever seen it. US politicians are all puppets for the people who control the money and the media. The ameritards are busy arguing among themselves over trivial issues while the country was looted. That is all by design. Now with only a rusted out bankrupt shell left....the roof is coming down. This will be expressed as a third world standard of living for most americans. |
Epic Beard Guy User ID: 911215 United States 10/15/2010 09:20 AM Report Abusive Post Report Copyright Violation | Hope for the best, but prepare for the worst. "America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- Claire Wolfe |
Philippines User ID: 1003925 Philippines 10/15/2010 09:21 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1128545 Netherlands 10/15/2010 09:23 AM Report Abusive Post Report Copyright Violation | Why the hell would anybody loan us more money? We are broke and we have mismanaged our money to the point it can't be ignored any more. We deserve the down-grade. Maybe that would wake up the worthless piece of shit that is ruining (or is that running) this once great country. Quoting: Epic Beard GuyThe 2nd largest holder of USA bonds..........is the US itself, does that answer your lending question? |
Anonymous Coward User ID: 1131015 India 10/15/2010 09:24 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 566027 Netherlands 10/15/2010 09:26 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 946424 United States 10/15/2010 09:28 AM Report Abusive Post Report Copyright Violation | what political stability in America? Quoting: Anonymous Coward 1131015The USA is more politically split than I have ever seen it. politically divided for a show but they are united.They know how to control power When the cunts on THE VIEW get soooo pissed-the-fuck-off that they walk off their own stage when O'Reilly voices a differing opinion.... When the people are at war with each other, they're sufficiently distracted and idiots like Bernanke can successfully obliterate the currency with nary a complaint. |