Godlike Productions - Discussion Forum
Users Online Now: 2,194 (Who's On?)Visitors Today: 972,973
Pageviews Today: 1,623,100Threads Today: 651Posts Today: 11,721
04:13 PM


Back to Forum
Back to Forum
Back to Thread
Back to Thread
REPORT ABUSIVE REPLY
Message Subject >> QUAKE + NUCLEAR cleanup will cost BILLIONS >>> Japan may DUMP US DOLLAR ASSETS, TREASURIES
Poster Handle oldboldpilot
Post Content
...


Japan may not be buying many Euro bonds either, bro...so don't be so quick to wish doom on others. Japan was there just a few months ago, when Europe needed them. Now they have to focus on their own problems. This is a domino falling that may take down quite a few overly indebted areas with them...and that includes Europe. Read the headlines today about Portugal by chance? I know you all hate the US, but think of the bigger picture first...we're all in this together, like it or not.

[link to www.businessweek.com]

Jan. 11 (Bloomberg) -- Japan plans to buy bonds issued by Europe’s financial-aid funds, its finance minister said, joining China in assisting the region as it battles against a debt crisis that prompted bailouts of Ireland and Greece.

Japan will use existing euro assets in its foreign-exchange reserves to buy more than a fifth of bonds to be issued later in January by the European Financial Stability Facility, Noda said. Japan’s reserves total $1.096 trillion, the government said today.
 Quoting: oldboldpilot


LOL, You selfish American you think i care about the Euro? No it is time this "Economy" falls, it is all based on greed, power and selfishness. The UN just made a agreement on a *CHOUGH* mission *CHOUGH* non of the fucking countries CAN AFFORD!

Why do it? Because now they can "justify" it! All bullshit. The economy as we know it is bullshit and corrupt to any extend. Time for a "reset". Not just the US but WORLD WIDE!
 Quoting: Anonymous Coward 1283030


First of all...how do you know I'm American? I was raised in Canada, and my father is French

I didn't insult you, yet you insulted me...that speaks more of your POV than mine.

I am not being selfish when I point out that this will affect ALL of us...

And no, I don't wish people in Europe Asia South America or the United States to suffer...which is what will happen when there is a crash you wish for.

You must be very young, or very full of hate to be so angry. I'm sorry that life has treated you so harshly. I won't judge all Dutch people by your insults...only you.
 Quoting: Anonymous Coward 1301792


Because there is a AMERICAN FLAG under your name! You talk from a AMERICAN point of view! That is why.

You are saying i wish doom upon other countries, show me where i said that! You are insulting me that i'm heartless and i wish bad things upon others!

You are talking about the AMERICAN DOLLAR, so then you came back with the response "Japan may not be buying many Euro bonds either, bro...". Think about it.

A world economy crash will inprove life on earth! Because currencies we have now will be worthless therefor wealthy people would loose power and control! A new foundation can be made then without any intent of personal wealth and power.

I have no anger, i just point out the obvious that you clearly can't see yet. No hard feelings and you can judge me all you want. This is something i don't care because your judgement doesn't mean anything to me.

You only see the negative aspect of a economy downfall worldwide, I don't.
 Quoting: Anonymous Coward 1283030


I have a job which brings me to the US for extended periods, this is one of those periods. You make an awful lot of assumptions about a person you don't even know, based on that flag...that seems pretty hasty. I have just driven the length of the US, 3000 miles, and there are as many different kinds of people here as you will find from Africa to Iceland, good and bad, selfish and kind. Don't be so quick to judge all people...it reflects more on your education than on the group you are trying to tar. A little thing my father impressed me with , and I pass on to you now.

I just spent 10 months back in Canada, and there people are very conscious of what happens with the US dollar, because what happens to the US affects us there as well. The economies are entwined.

As far as a crash, I do not see that improving life on earth. I have lived through currency crashes. I was raised in Rio de Janeiro and I lived through the Brazilian currency crash of the 1970s and 1980s...I saw hyper inflation wipe out cousins and friends. I watched people who once had a comfortable life suddenly reduced to living 4 in a 1 bedroom apartment, and working round the clock just to survive.

And guess what...that crash didn't ever bring Brazil back to what it had before...all it did was open the door for the banksters to come in, through the IMF, and pick up all kinds of national assets at pennies, to force laws through so they could own strategic businesses which previously had been illegal for foreigners. They talk now about how Brazil now has a middle class...as opposed to the old one which vanished. Well, all they've now done is bring in more access to more debt, so people can buy over priced things they can't reall afford.

No, sorry...I've lived through this. Crashes rarely solve anything...the same way that revolutions usually usher in dictatorships even worse than the one the people thought they had kicked out
 
Please verify you're human:




Reason for reporting:







GLP