Bush just gave Mexico $30Billion for securing Guatemala Mexico Border not our border with Mexico, I buy Sombero + pointed Boots NAU trans Alantic merger
America is over consumption. They need to save money but they don't wanna do it cuz it would cause recession. But the longer this continues the worst it will because for the nation. Indeed I speculate that war is the only means the government could think to solve the problem
USA Economy wont fall any lower than the Mexico Peso,then we can merge with Mexico,Im getting a big Hat sombrero,I will move to China to get a old USA Job,The elite will buy up cheap USA Corporations.
The Fed needs to either stand firm on interest rates, or increase interest rates to prevent that from happening. Increased interest rates, coupled with a recession, and a falling dollar means you (Americans) will be making less next year than you are now, home values and car prices will continue to decline.
Pay off any debts you can right now. Don't invest in stocks or bonds until your debt is paid off, and you will be happier down the road.
Thank you Jpalme. I think that the dollar is collapsing (if you don't think so, just look at the dollar vs. the Euro) and will continue to collapse. However, I think that getting out of the dollar is easier for Americans than they think it is. Simply pay down debt. Pay off your credit cards. Pay off your mortgage. It makes no sense to hold onto dollars when they are declining in value.
No, if the dollar is collapsing, do not pay down your debts! Sooner you will earn more in nominal terms because of inflation while your debt will still be the same, so it will actually be easier to pay it back. Of course you have to do your homework, CC debt probably needs to be paid right away.
Your assumption is that the Fed will reduce interest rates to spur the economy, that inflation will take off, and you will make more money next year than you are making this year.
My assumption is that the Fed cannot further reduce interest rates, because if they do, other central banks (and foreign investors), like the Chinese, will begin dumping dollars.
TAX Carbon TAX and UN TAX + GAS TAX WorldNetDaily
Obama bill: $845 billion more for global poverty
Democrat sponsors act OK'd by Senate panel that would cost 0.7% of gross national product(U.N.) declaration commits nations to banning 'small arms and light weapons' and ratifying a series of treaties, including the International Criminal Court Treaty,
(PART 3)I dont want to be a slave, and i dont like to see the sovereignty of my home threatened. So if you must go along with them and invest in the euro fine, but dont just be quiet about, truning over and letting the new world put it up your ass. Get out on the streets while we still have a chance and say "I'M MAD AS HELL, AND IM NOT GOING TO TAKE ANYMORE!"
(PART 2)So instead of saving our investments and playing right into the hands of the new world order, lets invest in humanity, and get on the streets and call them out for what their doing. They purposely the elite bankers have purposely destroyed out dollar, and then their going to come in the pose as our saviors by putting us on the euro or creating a north american currency. But we'll be slaves, we'll be serfs.
(PART 1) This video was saying everything that all the uninformed people need to hear, right up untill he said that investing in the euro and foreign investments is the way to go. Financially he is right, but there's somethinb bigger at stake here. This is a part of a plan. The destruction of the united states is part of the elites plan for world government. This is just a stepping stone.
Hi jpalme2000 , you are sharp guy . What do you think about Amero .They need to crush dollar to push Amero .How do you think it will unveil ? I think Real estate is best and keep just enough in precious metals to be able to afford tax during those yrs on real estate . They can always get more gold but there only so much land :) What do u think, dude ?
Debt up = Dollar is screwed . It is that simple .Keep your real assets such as Land , precious metals , if u can not afford those , buy yrs supply of food and get good water filters .
I do agree that, of many reasons, the need to keep dollars sold in oil is why we are rampaging through the mideast.
Iraq started to switch to Euros. Iran has already begun selling in other currencies. An Opec member made some comments about his concern of the dollar citing that it had dropped 30% in the past year.
I agree with all that you are saying except one thing.
The Iraq war is not easily covered by the switch to USD. Our national debt has doubled in size since Bush took office and began this war(9 trln atm).
Countries being required to use dollars to buy oil doesn't directly make us money. It provides demand for the dollar. Without that demand the dollar would collapse, but Iraq alone switching to Euros would not have caused this.
I finally got into the EUR/USD on a slight bounce. Got in at 141.158 and I'm hoping I caught it on a low.
I was concerned over statements the ECB was making about needing to stem the USD inflation, but all of that was tossed aside when the German Finance Minister said a strong Euro was good for the economy.
The world is going to stand by and watch our economy tank.
I drove my chevy to the levy and the levy was dry, good ole boys were drinkin' whiskey and rye singin' this'll be the day that I die...... Those who live to see.....The same folks who crushed their dinero' will bring you the Amero! Welcome to the NAU!
With the looming retirement of baby boomers, spiraling healthcare costs, plummeting savings rates and increasing reliance on foreign lenders, we face unprecedented fiscal risks.
Billions of dollars will be needed to modernize everything from highways and airports to water and sewage systems. The recent bridge collapse in Minneapolis was a sobering wake-up call.
- David Walker - The Comptroller General of the US. (The Country's top Government Inspector.)
The US government is on a 'burning platform' of unsustainable policies and practices with fiscal deficits, chronic healthcare under-funding, immigration and overseas military commitments threatening a crisis...
...dramatic tax rises, slashed government services and the large-scale dumping by foreign governments of holdings of US debt.
- David Walker - The Comptroller General of the US. (The Country's top Government Inspector.)
(latest figures)foreigners only bought 19 billion dollars in comparison to june that they bought 92 billion dollars in bonds.The difference was made up by the federal reserve
I( think instead of calling people dumbasses you better get a grip on the general discussion here.The Us economy is in deep shit an you better wakeup.I don't give a shit who took out the put options.I care about the american economy an where bush has taken us on his eight years in office
I don't believe we need to sacrifice the dollar to achieve this. We are an importing nation for several reason, but one that has pushed domestic companies to move abroad is the loosening of tariffs on foreign imports which made it cheaper for them to operate from abroad and export back to america.
We are really to a point where one change is not going to fix the problem. It has been growing for quite some time and broad drastic changes are needed at this point.
The flip side of the devaluation is that US exports will become more competitive and import will becomes dearer, which will reduce the current balance of payment..... will lead to a healthier economy and booming stcok market. What do you think?
In finance 101 you are correct. But our labor cost would have to decrease by 90% for us to become competitive in manufacturing for many of the worlds items. Labor unions in the U.S. have cut their own throats. I guess a decrease in wages plus a 50% devaluation of the dollar might make us semi-competitive. But if that happens we are all screwed.
Almost went down on Friday and changed USD$ to EURO. But I was thinking that gold in the hand and set up a local economy with gold. We have all the food you said to buy. Local economy on gold will mean that your hourly rate per gram of gold will go down.
Mix - Thanks, that's kind of you to say. Just ignore the naysayers in the replies. I've noticed this weird trend in the US for folks, when confronted with a reality they do not understand, to do personal attacks, laugh snicker, and curse. It's very odd...
you are so fucking stupid you dont have a clue fuck prison planet and fuck you. you are a walking talking pile of shit. I have a 7 year old with more brains than you..
Once you understand that the Fed is a private banking cartel that prints money at will without the backing of NOTHING because they already own all the gold the US had, fuck it, whats the use, your to stupid to understand.
Zerosum - I encourage alternative opinions, but try to keep it polite. How about you exercise your opinion in a video. I'd enjoy seeing and listening to what you have to say. I'm sure that folks would agree. - John
Wow, everything you predicted in this video transpired exactly as you described it!
h8uall66 3 years ago
Bush just gave Mexico $30Billion for securing Guatemala Mexico Border not our border with Mexico, I buy Sombero + pointed Boots NAU trans Alantic merger
louis12346 4 years ago
If the dollar is worth less and less, it is a pity if you buried a bunch of them in the back yard
modelmark 4 years ago
SO why not just SHort the DOllar instead? Buy UDN? and Buy SLV and or gold?
Wouldnt that protect you?
OpenMind00 4 years ago
America is over consumption. They need to save money but they don't wanna do it cuz it would cause recession. But the longer this continues the worst it will because for the nation. Indeed I speculate that war is the only means the government could think to solve the problem
homer30 4 years ago
USA Economy wont fall any lower than the Mexico Peso,then we can merge with Mexico,Im getting a big Hat sombrero,I will move to China to get a old USA Job,The elite will buy up cheap USA Corporations.
louis12346 4 years ago
the Canadian dollar and USD is right now 1-1...
the mexican peso and the dollar is 10-1.
Perfect for a change to the amero...
They just did it perfectly... they are fooling everyone.
cratesors 4 years ago
1.09 today... they estimate that it may hit as high as 1.15 by the end of the year.
This is a very bad sign for America.
nightcrawlerrr 4 years ago
I feel so sorry for the american people. The CDN has just past $1.10. The USD is getting screwed.
mthargoe 4 years ago
The Fed needs to either stand firm on interest rates, or increase interest rates to prevent that from happening. Increased interest rates, coupled with a recession, and a falling dollar means you (Americans) will be making less next year than you are now, home values and car prices will continue to decline.
Pay off any debts you can right now. Don't invest in stocks or bonds until your debt is paid off, and you will be happier down the road.
DukeLacroix 4 years ago
The canadian dollar is now worth 1.06 american...something strange is going on lol...not that i mind i live in canada..good luck
trunxbeliever 4 years ago
And today it is over 1.07 US, simply amazing. as I live in Britsh Columbia, but it is not good for our exports to the US, luch as softwood lumber.
konachai1 4 years ago
Thank you Jpalme. I think that the dollar is collapsing (if you don't think so, just look at the dollar vs. the Euro) and will continue to collapse. However, I think that getting out of the dollar is easier for Americans than they think it is. Simply pay down debt. Pay off your credit cards. Pay off your mortgage. It makes no sense to hold onto dollars when they are declining in value.
DukeLacroix 4 years ago
No, if the dollar is collapsing, do not pay down your debts! Sooner you will earn more in nominal terms because of inflation while your debt will still be the same, so it will actually be easier to pay it back. Of course you have to do your homework, CC debt probably needs to be paid right away.
Renegen1 4 years ago
Your assumption is that the Fed will reduce interest rates to spur the economy, that inflation will take off, and you will make more money next year than you are making this year.
My assumption is that the Fed cannot further reduce interest rates, because if they do, other central banks (and foreign investors), like the Chinese, will begin dumping dollars.
DukeLacroix 4 years ago
This has been flagged as spam show
TAX Carbon TAX and UN TAX + GAS TAX WorldNetDaily
Obama bill: $845 billion more for global poverty
Democrat sponsors act OK'd by Senate panel that would cost 0.7% of gross national product(U.N.) declaration commits nations to banning 'small arms and light weapons' and ratifying a series of treaties, including the International Criminal Court Treaty,
louis12346 4 years ago
(PART 3)I dont want to be a slave, and i dont like to see the sovereignty of my home threatened. So if you must go along with them and invest in the euro fine, but dont just be quiet about, truning over and letting the new world put it up your ass. Get out on the streets while we still have a chance and say "I'M MAD AS HELL, AND IM NOT GOING TO TAKE ANYMORE!"
farficknugan 4 years ago
(PART 2)So instead of saving our investments and playing right into the hands of the new world order, lets invest in humanity, and get on the streets and call them out for what their doing. They purposely the elite bankers have purposely destroyed out dollar, and then their going to come in the pose as our saviors by putting us on the euro or creating a north american currency. But we'll be slaves, we'll be serfs.
farficknugan 4 years ago
(PART 1) This video was saying everything that all the uninformed people need to hear, right up untill he said that investing in the euro and foreign investments is the way to go. Financially he is right, but there's somethinb bigger at stake here. This is a part of a plan. The destruction of the united states is part of the elites plan for world government. This is just a stepping stone.
farficknugan 4 years ago
john, to best of my knowledge the cp is still locked solid due to investor non-involvement
no one wants the risk here.
net bank is now floating face down, wonder who they hedged/had derivatives with? friday after close news.
channel botton on the dx is 77ish, it best hold.
thanks for the video
silverrain12345 4 years ago
That is my understanding also. It's just a waiting game now. The weak will bob to the surface soon, like dynamiting a fishing hole.
Check out my blog for more comments about this.
jpalme2000 4 years ago
it will be alright after introduction of Amero but we are up for a tough ride .
AntiBullS 4 years ago
Hi jpalme2000 , you are sharp guy . What do you think about Amero .They need to crush dollar to push Amero .How do you think it will unveil ? I think Real estate is best and keep just enough in precious metals to be able to afford tax during those yrs on real estate . They can always get more gold but there only so much land :) What do u think, dude ?
AntiBullS 4 years ago
Faith + Debt= dollar
Faith down
Debt up = Dollar is screwed . It is that simple .Keep your real assets such as Land , precious metals , if u can not afford those , buy yrs supply of food and get good water filters .
AntiBullS 4 years ago
I do agree that, of many reasons, the need to keep dollars sold in oil is why we are rampaging through the mideast.
Iraq started to switch to Euros. Iran has already begun selling in other currencies. An Opec member made some comments about his concern of the dollar citing that it had dropped 30% in the past year.
mysingerd 4 years ago
FatBastard,
I agree with all that you are saying except one thing.
The Iraq war is not easily covered by the switch to USD. Our national debt has doubled in size since Bush took office and began this war(9 trln atm).
Countries being required to use dollars to buy oil doesn't directly make us money. It provides demand for the dollar. Without that demand the dollar would collapse, but Iraq alone switching to Euros would not have caused this.
mysingerd 4 years ago
I disagree.
The war is costing us a great deal and the interest payments alone for this war will weigh heavily on our economy for a long time.
Iraq selling in other currencies would have effected us negatively, but the war is worse.
Iran recently switched from the mighty dollar.
mysingerd 4 years ago
I finally got into the EUR/USD on a slight bounce. Got in at 141.158 and I'm hoping I caught it on a low.
I was concerned over statements the ECB was making about needing to stem the USD inflation, but all of that was tossed aside when the German Finance Minister said a strong Euro was good for the economy.
The world is going to stand by and watch our economy tank.
mysingerd 4 years ago
I drove my chevy to the levy and the levy was dry, good ole boys were drinkin' whiskey and rye singin' this'll be the day that I die...... Those who live to see.....The same folks who crushed their dinero' will bring you the Amero! Welcome to the NAU!
christianranger 4 years ago
The stock market doesnt = economy
AzraelsJudgement 4 years ago
America will cave in on itself.
Get your life savings now and put it into gold.
Euros are new and unstable and 1 Chinese yuan = 0.133241 U.S. dollars.
Gold and Corn are great investments.
We can make it through this guys....
Vote Ron Paul to fix this mess.
DevBlazed 4 years ago 3
I'm hearing the same thing on commercial paper.
Banks are not willing to loan short term because the rates are to low. Institutions are selling bonds to pay commercial debt.
Northern Rock is in some bad times. Their pleas for bailout have been shunned by the banking community and they are labeled too risky.
mysingerd 4 years ago
One Day of IRAQ WAR = 720 Million Dollars!!!
RBLA818 4 years ago 2
With the looming retirement of baby boomers, spiraling healthcare costs, plummeting savings rates and increasing reliance on foreign lenders, we face unprecedented fiscal risks.
Billions of dollars will be needed to modernize everything from highways and airports to water and sewage systems. The recent bridge collapse in Minneapolis was a sobering wake-up call.
- David Walker - The Comptroller General of the US. (The Country's top Government Inspector.)
RBLA818 4 years ago
The US government is on a 'burning platform' of unsustainable policies and practices with fiscal deficits, chronic healthcare under-funding, immigration and overseas military commitments threatening a crisis...
...dramatic tax rises, slashed government services and the large-scale dumping by foreign governments of holdings of US debt.
- David Walker - The Comptroller General of the US. (The Country's top Government Inspector.)
RBLA818 4 years ago
It has already started.For the month of July
(latest figures)foreigners only bought 19 billion dollars in comparison to june that they bought 92 billion dollars in bonds.The difference was made up by the federal reserve
that bought the bonds back with fiat money
ceverha 4 years ago
I( think instead of calling people dumbasses you better get a grip on the general discussion here.The Us economy is in deep shit an you better wakeup.I don't give a shit who took out the put options.I care about the american economy an where bush has taken us on his eight years in office
ceverha 4 years ago
I don't believe we need to sacrifice the dollar to achieve this. We are an importing nation for several reason, but one that has pushed domestic companies to move abroad is the loosening of tariffs on foreign imports which made it cheaper for them to operate from abroad and export back to america.
We are really to a point where one change is not going to fix the problem. It has been growing for quite some time and broad drastic changes are needed at this point.
mysingerd 4 years ago
Look at Argentina, a wheelbarrow load of cash would buy a wheelbarrow of food. Get ready for an extended recession, or dare I say it "depression".
DangerousCombination 4 years ago
With canadian dollar at par with the US. do you think AMERO is now inevitable??
mujeebyzai 4 years ago
RON PAUL 2008
acehydro06 4 years ago 2
The flip side of the devaluation is that US exports will become more competitive and import will becomes dearer, which will reduce the current balance of payment..... will lead to a healthier economy and booming stcok market. What do you think?
mujeebyzai 4 years ago
In finance 101 you are correct. But our labor cost would have to decrease by 90% for us to become competitive in manufacturing for many of the worlds items. Labor unions in the U.S. have cut their own throats. I guess a decrease in wages plus a 50% devaluation of the dollar might make us semi-competitive. But if that happens we are all screwed.
chipleyfla 4 years ago
mujeebyzai you are so dumb..
mixme23 4 years ago
thanx for enlightening me. this is appreciated.
mujeebyzai 4 years ago
I've blocked this user, as he just doesn't want to be polite. I don't mind his opinion, but I'm not going to allow him to call the viewers names.
jpalme2000 4 years ago
Almost went down on Friday and changed USD$ to EURO. But I was thinking that gold in the hand and set up a local economy with gold. We have all the food you said to buy. Local economy on gold will mean that your hourly rate per gram of gold will go down.
RoddyYoung 4 years ago
john I was refering my nasty comment tward zerosum not you john. John you just as I are some of the few people in the united states with a brain.
mixme23 4 years ago 2
Mix - Thanks, that's kind of you to say. Just ignore the naysayers in the replies. I've noticed this weird trend in the US for folks, when confronted with a reality they do not understand, to do personal attacks, laugh snicker, and curse. It's very odd...
jpalme2000 4 years ago
yes it is the united states is going down like the hindenburg...
mixme23 4 years ago
you are so fucking stupid you dont have a clue fuck prison planet and fuck you. you are a walking talking pile of shit. I have a 7 year old with more brains than you..
mixme23 4 years ago
Once you understand that the Fed is a private banking cartel that prints money at will without the backing of NOTHING because they already own all the gold the US had, fuck it, whats the use, your to stupid to understand.
lostinthemix 4 years ago
Zerosum, take a hike no one wants you here.
berniegermie 4 years ago 2
Zerosum - I encourage alternative opinions, but try to keep it polite. How about you exercise your opinion in a video. I'd enjoy seeing and listening to what you have to say. I'm sure that folks would agree. - John
jpalme2000 4 years ago
Great work John, everyone needs to hear this, wake up sheeple! Keep it up brother!
lostinthemix 4 years ago