Obamanomics... holy bat sh*t

kronicsmurf

Well-Known Member
Hell i've been scared since Obama was elected. we are in for one hell of a ride and it won't be fun and thrills either:(
 

hom36rown

Well-Known Member
:lol: Because it is time to WAKE UP!!

Besides, if I said, don't sweat it, I'd be lying. :mrgreen:


If the Chinese dump the dollar and peg themselves to the euro...the Arabs would do the same (right now Arabian oil is sold in dollars). This would be a one two punch in the nuts. Instantly, our debt. to china would climb 20%. Same with oil. Now I say 20% because its a rough approximation of the currency exchange. However, the dollar would not just sit there, it would tumble down.

The ONLY reason why the dollar has been the world's business currency is because we have kept it STABLE. Obama has unhinged us from the stability and even the Chinese get it. they should because they hold tons and tons of our debt.

You should be scared...this is real. I have seen a lot of things in my day, but have NEVER witnessed such irresponsibility in such a short time in all my days. Never....

His budget forecast is a joke and entirely out of order. the knives are being sharpened overseas. Thank G*D Obama went on Jay Leno and calmed everyone... lawdy.

P.S. On a lighter note Geithner and bernanke said they would not be in favor of a new world currency..... UH... DUH!!! What else can they say? It's quickly getting away from us and our opinion is diminishing on these matters. They may just do it anyways. They only ones that will not be able to pick themselves up from this is US!! Wait, did i say lighter note? that was for you FDD. :lol:



out. :blsmoke:
you mean when the chinese dump the dollar. Also, what do you mean even the chinese get it, are you saying the chinese are slow, lol?
 

CrackerJax

New Member
No the Chinese aren't slow, that distinction goes to our present administration...:lol:

The Chinese are playing a chess game, long term. They don't have huge political swings to hinder their plans of moving on up in the world. If the global economy collapses, they are primed to be the first to pick them selves up, while we will not. We will become the next Bolivia.

out. :blsmoke:
 

CrackerJax

New Member
Yah, quoting the central bank of china is a Tom Clancy move... lawdy.

Canna...shh, it's his little secret :mrgreen: He just doesn't keep up with what's going on so everything is a surprise to him!

out. :blsmoke:
 

CrackerJax

New Member
My general outlook on our foreign policy is quite researched and quite accurate. Passivity leads to violence when enacted through foreign policy. carrots for your friends, sticks for your enemies. Your problem is identifying our enemies, not one of my impediments.

out. :blsmoke:
 
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