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What do you know about the financial world?


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#121 QueenofHearts

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Posted 15 March 2016 - 03:14 PM

Are we next going to hear about a conspiracy based on the Bilderbergs and the Illuminati? Do the super rich go to Davos to conspire to make them richer and the rest of the world poorer? Of course not. No doubt that inside knowledge matters, but that has nothing to do with a tank crushed car and WTC7. I asked "What do you know.about the financial world?" 

 

There is no conspiracy between the Fed and the primary banks. Someone has to buy government debt. China now has the biggest bank in the world. Are they in on it? How about the European Central Bank? The risk is spread around the world. The problem isn't just in the United States. I think part of the problem is that academics live in a bubble and they are our primary drivers of monetary policy. They use money printing to stimulate the economy and ZIRP to keep the velocity of money moving. They force savers into the stock market. Why would anyone put their saving in the bank at ZIRP?

 

So yes, I made a joke about your comment. The markets are not all rigged, however stock prices are no longer based on earnings due to corporate buybacks. When you change the rules and CEOs are paid based on market performance, they will do what is in their own best interest. Many Americans have invested wisely and seen their 401k go much higher than 5% sitting in a CD. The problem is some had to retire just after the bubbles popped. At age 60 you cannot afford risk. At age 30 you can. 

 

We live in a consumer society and a millionaire or a billionaire can only buy so much stuff. The problem is entitlements and the fact that boomers didn't save enough. We partied like it was 1999. The 2008 crash crushed many Americans who will never be able to retire. When the only thing the majority of the country can do is collect SS and buy food then it hurts everyone. This is not a conspiracy it is just a fact.

 

We have painted ourselves into a corner due to fraud during the dot.com and housing boom. Many pensions were stuck with worthless MBS. We cannot fix our infrastructure as all money governments collect go right out the back door to entitlements. What happened in Flint is happening all over the US and it will get worse. The Fed tried to sweep all the bad debt under a rug. We saved the banks and the auto industry, but now the only way out is pain. The boomers will create a drag on the economy and we will lose decades just like Japan. This is an opinion and not a fact. I don't know what the limits are to Central Banks.

 

So if you want to call fraud a conspiracy so be it, but it has nothing to do with the WTC.


Edited by QueenofHearts, 15 March 2016 - 03:21 PM.

Queenbee


#122 Lonello

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Posted 17 March 2016 - 09:32 AM

All be that as it may Queenbee but there is this blog online: http://www.americant...ecord_high.html

Federal debt as percent of GDP reaches post-WWII record high
196230_5_.png
 
Which is why I must agree with tableplay to start buying Tablecoins!

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Lo

#123 QueenofHearts

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Posted 17 March 2016 - 09:35 PM

Buy Gold! LOL


Queenbee


#124 Lonello

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Posted 18 March 2016 - 09:59 AM

Gold is just Tablecoin-light. Why go for light if you can obtain the real deal here?


Lo

#125 tableplay

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Posted 21 March 2016 - 01:45 AM

Unfortunately, the markets are rigged. They are routinely frontrun by high frequency traders. This happens regardless of whether the government engages in market corruption. Anyway all this is going to go away once I buy up all the debt with tablecoins and then create a new world-wide Utopian society.

 

Are we next going to hear about a conspiracy based on the Bilderbergs and the Illuminati? Do the super rich go to Davos to conspire to make them richer and the rest of the world poorer? Of course not. No doubt that inside knowledge matters, but that has nothing to do with a tank crushed car and WTC7. I asked "What do you know.about the financial world?" 

 

There is no conspiracy between the Fed and the primary banks. Someone has to buy government debt. China now has the biggest bank in the world. Are they in on it? How about the European Central Bank? The risk is spread around the world. The problem isn't just in the United States. I think part of the problem is that academics live in a bubble and they are our primary drivers of monetary policy. They use money printing to stimulate the economy and ZIRP to keep the velocity of money moving. They force savers into the stock market. Why would anyone put their saving in the bank at ZIRP?

 

So yes, I made a joke about your comment. The markets are not all rigged, however stock prices are no longer based on earnings due to corporate buybacks. When you change the rules and CEOs are paid based on market performance, they will do what is in their own best interest. Many Americans have invested wisely and seen their 401k go much higher than 5% sitting in a CD. The problem is some had to retire just after the bubbles popped. At age 60 you cannot afford risk. At age 30 you can. 

 

We live in a consumer society and a millionaire or a billionaire can only buy so much stuff. The problem is entitlements and the fact that boomers didn't save enough. We partied like it was 1999. The 2008 crash crushed many Americans who will never be able to retire. When the only thing the majority of the country can do is collect SS and buy food then it hurts everyone. This is not a conspiracy it is just a fact.

 

We have painted ourselves into a corner due to fraud during the dot.com and housing boom. Many pensions were stuck with worthless MBS. We cannot fix our infrastructure as all money governments collect go right out the back door to entitlements. What happened in Flint is happening all over the US and it will get worse. The Fed tried to sweep all the bad debt under a rug. We saved the banks and the auto industry, but now the only way out is pain. The boomers will create a drag on the economy and we will lose decades just like Japan. This is an opinion and not a fact. I don't know what the limits are to Central Banks.

 

So if you want to call fraud a conspiracy so be it, but it has nothing to do with the WTC.


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#126 QueenofHearts

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Posted 21 March 2016 - 01:54 AM

Unfortunately, the markets are rigged. They are routinely frontrun by high frequency traders. This happens regardless of whether the government engages in market corruption. Anyway all this is going to go away once I buy up all the debt with tablecoins and then create a new world-wide Utopian society.

HFT I dared not venture into that. Imagine buying whole buildings in Manhattan just to gut them and put in HFT machines to scalp pennies on millions of trades in a microsecond? That will take some serious tablecoin to buy up all the debt. Can't we just buy all the debt, put in in a SpaceX rocket and send it to Mars? Let the Martians pay off the debt.


Queenbee


#127 Lonello

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Posted 21 March 2016 - 08:32 AM

just buy all the debt, put in in a SpaceX rocket and send it to Mars? Let the Martians pay off the debt

 

You are not that far off, Queenbee. In the other thread we already discussed the Borgqueen's involvement. She best take the debt into the Delta-quadrant. On Mars it would still be able to bother us no doubt and come back to haunt us. Not so much in the Delta-quadrant.

 

But tableplay, Queenbee does have a point, as your plan does need to be completed in very short a time. Because if you start to buy up that massively, soon you get this hyper-inflation spiral. I've got this Turskish coin of 1 million Lira's for instance, which was not worth 0,01 dollarcent in the end (decades after Weimar!). People would only accept hard assets for trade like chicken and Star Trek mugs (for those fancying them)...


Lo

#128 Lonello

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Posted 05 April 2016 - 12:08 PM

Here's a very nice article about my parents. They are babyboomers. Now they are out of the workforce the problems begin... we expect Fairway and Moriarty to pay for this http://www.businessi...eer-2016-3?IR=T

 

"By 2029, there will be 11,000 new seniors arriving every day and only 2,000 new adults being added to the workforce to pay for them". It should be you two pay for two... but you two have to pay for 11 elderly persons! Or we'll get this little increasement of the national debt ;)

 

screen-shot-2016-03-31-at-2.36.39-pm.png


Lo

#129 trickz

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Posted 10 April 2016 - 01:24 PM

Yo,

 

 

The world is a madhouse,....these days you can't even go to a park with the kids.

Yes, there's a chance you might blow up,....stocks as well cuz' the markets are rigged!

Diseases, disasters, corruption, starvation, yes...no food, harvest dismissed

and if it's survival of the fittest, Darwin's a sin but the star in this bizz,

love hardly exists

so the mighty elite use this law as a bridge

to unite nature with humans which means for them war is a gift!

It's all based on facts, the bars that I spit....

Then you get amazin' texts, that's the art of the Trickz!  :)

If God the Father is rich,....

then how come he doesn't bother a bit....

when his own people gettin' slaughtered quick?

You can have all the money in the world

but how poor are you if you just lost your daughter of six?

How rich are you if you don't have water to drink?

How many ships do you have if your harbour will sink?

Karma's a sin and the armor will fit

around the globe so the fires from hell will honour the rich! 

Empathy has lost track, in movieterms : Gone in the wind

but I'm afraid that's how the world works

and like this game, many will use their marsh in a blitz!  ;)


Edited by trickz, 10 April 2016 - 06:16 PM.

I love the smell of Napalm in the morning

#130 Lonello

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Posted 08 May 2016 - 11:31 AM

all this is going to go away once I buy up all the debt with tablecoins and then create a new world-wide Utopian society

 

Here's the desperate attempt of the Chinese to kill the Tablecoin.

27-m high copper coin sculpture opens to public in Hunan, C China.

 

ChxNb-gXAAAF0m7.jpg

 

ChxNb-hWwAEKVSe.jpg

 

ChxNb-bWkAAC2Mg.jpg


Lo

#131 queenbee1

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Posted 12 May 2016 - 06:15 PM

Here's a very nice article about my parents. They are babyboomers. Now they are out of the workforce the problems begin... we expect Fairway and Moriarty to pay for this http://www.businessi...eer-2016-3?IR=T

 

"By 2029, there will be 11,000 new seniors arriving every day and only 2,000 new adults being added to the workforce to pay for them". It should be you two pay for two... but you two have to pay for 11 elderly persons! Or we'll get this little increasement of the national debt ;)

 

What we need are immigrants to fill the void. Another reason why Americans should be more reasonable about legal immigration. As I have said in the past. Most natural born Americans cannot pass the test these people valiantly study for. What does it mean to be an American?



#132 Lonello

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Posted 24 October 2016 - 02:20 PM

I think America needs a coin as presented above, but then in gold.

 

I just read the State Department announced not only countries like Saudi Arabia and Russia are selling their US bonds, but also China now. 500.000.000 they've withdrawn (after having bought them for decades).

 

Now how would Clinton attack this little problem below, if rates go up from the current 0,5% to let's say just a minor 2 or 3%?

 

 

Cvfc_RVW8AAOgz-.jpg


Lo

#133 queenbee1

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Posted 28 October 2016 - 08:51 PM

Now how would Clinton attack this little problem below, if rates go up from the current 0,5% to let's say just a minor 2 or 3%?

 

 

Cvfc_RVW8AAOgz-.jpg

The Fed will not raise rates. Although they are run like a think tank the Fed does not act on Presidential executive orders.

I would posit that the Chinese stopped buying US debt because they can't keep all their eggs in one basket. One might also assume that China is economically sound and can dictate policy based on the debt they hold. They can't. We opened the markets with trade agreements. Companies flocked to SE Asia for cheap labor. Now Americans can ♥♥♥♥♥ all they want about foreigners getting their jobs, but no one is pointing a gun to their heads to buy cheap Chinese made junk. BTW I don't shop at the Dollar stores. I buy on Amazon and the problem in America is they can't do anything. If you are willing to work and you can do plumbing, air conditioning, Electrical or carpentry there is no end to the amount of people who will pay you. Amazon will sell you an item and vet a worker to do the install. The only people who don't work are those who can't.

 

There is no need for a hard currency in the world. Gold is a commodity. There is a small market for it, but it will never be used as money again. The fact is cash is dying. They are taking electronic banking into the third world and hooking them on debt. The world is a business. I don't carry any cash. What is the point? If you are a street vendor and only take cash you are an idiot. Get a smartphone with a card swipe and pay the fee. Better than watching your customers walk away.



#134 Lonello

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Posted 30 October 2016 - 09:41 AM

The Fed will not raise rates. Although they are run like a think tank the Fed does not act on Presidential executive orders.

 

Queenbee, I am wearing my aluhead today. Don't you find that other pic I put on the forum earlier a bit peculiar too? It's the one relating the presidential campaigns to the FED policies. They pose "the economy is fine and well" in the race to the White House. Then just after the elections are over bad figures come out, stocks drop, and the Fed comes to the rescue again with new QE's. You're right the banksters are their own boss but look at it from the other point of view: the banksters have fully infiltrated politics and own presidential nominees like Clinton.

 

The Chinese have not only stopped buying US debt. They're dumping it. Who's to buy all that, and also buys the new debts... which as you've seen has grown by 100% during Obama's presidency. Low rates only save the US right now.

 

I've always said this tric ends around 2018-2020. By that time you best own cash. You say it's dying but the fact is it has never been this vivid. With the rates this low, for some you even have to pay money to put your money on the bank, people put their cash under their matrasses. 

 

Digital money NOR digital currency is safe. Did you see the series Mr. Robot? Hackers deleted the banksters algorithms and people had no longer any money in their bankaccounts... that, along with their debts, vanished. Then last year you had this major upset with the big 'bank' holding Bitcoins. They were hacked pretty simple and all Bitcoins were stolen. "This can't happen, not in a million years" the banksters had promised, then it happened, and the banksters were in default, taking all their bonusses with them, and didn't have a scratch on them theirselves. Hacking becomes more important warfare every day, Queenbee.

 

So I won't rely on your electronic banking this much, Queenbee. You and your other rich friends best carry some cash in the form of gold 20 dollars or something. With that you have always been able to buy 100.000 loafs of bread or one perfect beautiful dress for thousands of years. That is true money.


Lo

#135 queenbee1

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Posted 30 October 2016 - 08:02 PM

Ok on the aluhead or tin foil hat side this could occur. Don't wish for it as in the second season of Mr Robot life is hard. You don't have to tell me about the hacking world. I hired the best to stop infiltration of banks and private investment firms. We worked our ♥♥♥ off to stay ahead of them. Still many institutions wanted their own in house security. Kids out of college who didn't understand squat. The Dark Web is a full of dangerous players and the banks will pay the piper when their MIT grads fail.

 

The banksters goal is no cash money. Nothing is going to stop them and what Elliot did in Mr Robot is just fiction.



#136 Lonello

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Posted 31 October 2016 - 09:34 AM

The banksters goal is no cash money. 

 

That is exactly it!

 

So why would you be in that corner? Mock the street vendor? Those people are no idiots.

 

I am currently reading the book The Mandibles. It's a good one for you too. It describes this entire bankster's mess we're in now, and the aftermath of several decades. The writer learned from history. Currencies come and go. They do not last. How many Roubles have we seen after WW II? The new Rouble came, then a Newer one, a Newest one, then to go back to The Rouble. Just the same in Turkey. Lira, New Lira, etc. Even the Swiss Franc is out of control now. Currencies will not last, only Real Money will (which is your old Morgan Dollar for instance).


Lo

#137 queenbee1

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Posted 31 October 2016 - 07:34 PM

Lo at one time in my life I was invested heavily in gold and silver. The day you see a gold and silver store on every corner instead of a payday loan then it will be time to own precious medals again. The average American has never seen a Gold Eagle coin. As long as the stock markets continue to offer great returns and the economies are not in crisis nothing is going to change.

 

The thing Americans don't understand is Social Security is buying up the country's debt. Of the 19 Trillion Social Security Trust Fund owns the most. As do many other agencies of the government. Many pensions buy debt too.

Who owns the US National Debt.

 

This is clipped from the article above.

 

China owns $1.185 trillion U.S. debt. As of August 2016, it was the largest foreign holder. Japan is next, holding $1.144 trillion. Both Japan and China want to keep the value of the dollar high when compared to their currencies. That helps their exports to the United States seem more affordable, which helps their economies grow. That's why, despite China's occasional threats to sell its holdings, both countries are happy to be America's biggest foreign bankers. China replaced the United Kingdom as the second largest foreign holder on May 31, 2007. That's when it increased its holdings to $699 billion, outpacing the UK's $640 billion. 

 

So is America going to default on its debt? Not without creating a crisis of mammoth proportions. If the entire ponzi scheme came undone all civil societies would look like the USSR after it collapsed.



#138 Lonello

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Posted 01 November 2016 - 04:21 PM

China owns $1.185 trillion U.S. debt. As of August 2016, it was the largest foreign holder. 

 

Indeed. That is what I have been saying.

 

But there's a gamechanger in the ponzi scheme, Queenbee. China is no longer threatening to sell. They are in fact very busy doing just that! They've sold over 0.500 trillion already. China's central bank governor Zhou Xiaochuan was in the news about it the other week. They only want IMF's SDR now, with a mere 40% dollars in it, and then a bit of Renminbi too since last month. Meanwhile they have been acquiring tonnes of gold the last couple of years. They want to meet Fort Knox's 8000.

 

China likes to be America's biggest foreign banker. But they consider the US now an empire of the past. The US is hooked on debt. China owns them. They get to call the shots. Although not preferable, they would launch a crisis of mammoth proportions, yes. It is not uncommon. Even very common. Today we read an inflation rate of 1600% in South America: http://blogs.wsj.com...-1600-next-year.

 

This could happen to you too, Queenbee. More likely the transition will go more smoothly though. Still the dollar will go down up to 80% against gold. That actually is a very common affair. It happened about twice during your lifetime already.... well... almost, if I take with your parents in the parallel (Teddy Roosevelt) ;).


Lo

#139 queenbee1

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Posted 03 November 2016 - 12:25 AM

The assumption seems to be if Chinese sell it hurts our economy. All they are doing is trading one debt for another debt. The entire world is selling debt to each other and creating new debt instruments and a sucker is born every minute. Quants are hired to separate pension funds from their money. HFT trading is creating nothing, but skimming the pool. How can the government turn a blind eye to it? I don't think they have the means to stop it. It is not illegal. How does the GDP grow? By adding more debt. Gold is pretty and nice to hold, but you cannot walk into a big box store and trade it for goods and services. One day it has to be converted into cash. Even if you have money in the bank you are holding someone else's debt. 


Edited by queenbee1, 03 November 2016 - 12:26 AM.


#140 Lonello

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Posted 03 November 2016 - 09:11 AM

adding more debt 

Like you said, Queenbee, that is a ponzi scheme. All house of cards eventually fall. This will too, and the banksters know it. They can postpone, but the ponzi house will fall. When it does, the dollar will drop 80% or more in value over the weekend. That happened with Teddy Roosevelt as well. You'll be getting your New Dollar.

 

You don't want to have your old dollars today still, Queenbee. You can best keep real assets like real estate or commodities with the things to come. The debt is spiraling out of control. Every economist will tell you that there is no precedent for ratings below zero and that this simply can not end well.

 

You're saying yourself the FED won't raise rates. Yesterday they said they didn't but may still do it next month because the economy was doing so very well. Right. After the elections they'll be saying to look to drop rates again I'm sure.

 

They're forced to buy up their own loans for quite some time now, Queenbee. Imagine that. You need 1000 dollars, and you're lending it to yourself. Next month, you still need 1000, plus interest of the former 1000, so you'll be taking 1100 from yourself, making it a total of 2100. Etc. etc., point being: no one in the world wants to pay you out anymore. You're only killing your own grade, so in this case: the dollar.


Lo




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