Tuesday, October 19, 2010

SOS Currency War is World War III




Where is the amminution?

"US dollar printing the dollar and inflate the rest of the world, surrender now or else?"IMF chairman said.
Can they get away with it so easily?
Take all bankers from HSBC, Barlays, Citi, JP Morgan, Goldman Sachs, and put them into a prison, guess what will happen? Nothing, actually, the world will be a better place to be without them.
MyView
Will the US dollar become toilet paper eventually?
What about the irrecoverable IOUs issued in the tune of USD100 trillions?
What will happen next if US continue to implement QEII?
Can the Fed infinitely issue new IOUs against the toxic IOUs?
Can Fed, who is owned by private owners become "bankrupt"?




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