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Re: Britan V France...is it war?
Damn interesting letter, well worth the time to read it.
Thank for finding it. -
Re: Britan V France...is it war?
Originally posted by Mega View Post
What exactly does he mean by "increase domestic demand?". I am under the impression that the french households have not taken on very much credit card debt. This is a good thing. Does he want more household debt?Comment
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Re: Britan V France...is it war?
Ok, I don't get it. What's so interesting about this letter? There's nothing new or shocking in the content. What am I not reading between the lines?
Everything I read in there is blantently obvious - if one's goal is to keep alive the great Keynesian experiment of exponential growth on a finite planet drowning in debt.
Are they trying to get France to agree to activate the EU printing presses/ issuance of EU bonds, given Germany isn't budging? Austerity is failing, so let's get all the EU countries to agree to start printing?Warning: Network Engineer talking economics!
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Re: Britan V France...is it war?
The Brits couldn't find ANYONE much to sgin the letter, i mean the Aussie soon to lose PM?......& South Afica refused to sign it even though the Limey Scum put it about they had!
It was a list of "Who's nobody"....why make it public?......
I notice the Euro getting killed, but the £ getting killed more........My Guess?
China V Anglo-saxions............Battle ground Europe!
MikeComment
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Re: Britan V France...is it war?
You've been touting the China vs the Anglos line for a long time Mike. But without the Anglos on credit buying their shzt, China is nothing more than the world's biggest property bubble. And that is now becoming plainly obvious to everyone except Stephen Roach.Originally posted by Mega View Post
Yes Mike, a property bubble that makes the one in London look like a warm up. And the one in Dubai like a pilot project. The Anglos are going to blow China up...and they won't need any military hardware to do it...
Last edited by GRG55; September 22, 2011, 09:01 PM.Comment
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Re: Britan V France...is it war?
Dear Sarko,
Please bail out our banks.
Cheers,
Dave.It's Economics vs Thermodynamics. Thermodynamics wins.Comment
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Re: Britan V France...is it war?
[QUOTE, i mean the Aussie soon to lose PM?..........My Guess[/QUOTE]
With our PM's ASS,that would be Impossible... if you planted her upside, down stuck a flag in the valley a new nation would be born
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Re: Britan V France...is it war?
All China has to do is let the RMB rise...........then they can decuople from the West & their own people can afford their goods & services.
MikeComment
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Re: Britan V France...is it war?
"T"
Spot on, well done & thats the best news i had this year...........with luck we see Rates rocket post collaspe & Bye Bye 90% of BMW drivers!
MikeComment
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Re: Britan V France...is it war?
If world domination is that easy, why haven't they already allowed that rise?Originally posted by Mega View Post
Wait. Let me guess...
...They want to finish their aircraft carrier first. So they can really show America who is boss...Last edited by GRG55; September 23, 2011, 11:19 PM.Comment
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Re: Britan V France...is it war?
If China lets the RMB rise, their overseas buying power would increase, but at the same time, exports would collapse -- probably with resulting riots.Originally posted by Mega View Post
In my view, China's economy is one, big centrally planned jobs program. The Chinese government doesn't care about making it possible for people to afford better goods and services; what they want is simply for people to stay employed. That's how they end up with things like brand new, empty cities. And it's exports, not imports, which feed that engine.Comment
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