Re: Financial System Stability - It isn't that difficult
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Re: Financial System Stability - It isn't that difficult         

Group: alt.philosophy · Group Profile
Author: Sean
Date: Sep 19, 2008 22:39

"Fred Weiss" papertig.com> wrote in message
news:1cb9beda-ba8d-436e-8af4-12662bdb51b0@y38g2000hsy.googlegroups.com...
On Sep 19, 3:26 am, "Sean" now.com.au> wrote:
> ...There are many other Nations that do
> it much much better, as imperfect as that may be, and still have solid
> economies and sustainable growth,...

Not without the USA they don't.

The USA sniffles and you guys are blown off your seats. We sneeze and
your economies collapse.

The reverse is not the case.

Ask yourself why.

Fred Weiss

------------------------------------------------------------------------

Sean:

Fred, I have asked myself why, and uncovered many answers that add up.

The reverse is not the case?

OK, there's truth in that for sure. However, ponder this.

The next time an American Bank, or a Lehman Brothers, goes off-shore to sell
their latest "Investment Option" ..... tell me how many you think will buy
it?

Hazzard a guess Fred, and then re-consider if the reverse is not the case,
even if on a lower scale?

Now, imagine if NONE of the world would deal with the USA?

What then Mr. Positive?
------------------------------------------------

OK, that's too much to imagine, I can accept that.

The try this .... China and others, sell all their US Dollars & Notes in
Govt Reserves, AND, call in their debts the US Govt owes them, right now!

What happens in the USA?

Ponder that, and stop pretending how insulated and how important and
invincible you believe you are.

The US is on very thin ice at present, and you're under attack from all
quarters, and don't even realise it yet.
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