Thank you for your postings, itstarted ---- they are unfailingly helpful.

When I started this thread on august 10, I had the following quote:

Quote
The next shoe to drop is the stock market. Its not that complicated either; when wholesale prices on supplies and raw materials go up, but businesses can't pass along those costs because consumers are already maxed-out, then corporate profits plummet and the stock market crashes down with the force of an avalanche.

The problem indicated has become enormously more serious due to the financial catastrophe. The decline of the dollar will be accelerated and deep. Both raw materials and finished goods will become ever more expensive for Americans. We won't be able to pay for them. The American Way of Life is finished ---- nada ---- toast.

Foreigners own trillions of US dollars. They want to use them to buy assets before they are completely worthless. That sucking sound you hear is foreigners buying the assets of the United States and shipping them overseas ---- or leaving them here as factories and plantations for us peons to work on. What Americans have done to others will now be done to us. The Indians call that karma.
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Last edited by numan; 09/26/08 01:11 AM.