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Thread: $ problem

  1. #1
    Senior Member
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    Default $ problem

    Iceland is damaged.
    Greece needed Germany's help. US$140 Billion bailout. (why should Germans prop up Greeks' free spending life style?)
    England just had big protest on TV news about increase in Uni fees.
    France got a strike.
    Ireland got a big US$115 Billion bail out.
    Net article says Portugal may be next....
    USA printing money. Lots of it. US$600 Billion.




    The money crisis is not over.




    By the way, those thousands who lost their life savings in the Lehman Brothers and others fiasco..their money did not just burn and disappear, right? The funds had to flow somewhere....
    Suspect it is in USA but in some one's pocket or bank account.
    Last edited by ricohflex; 25th November 2010 at 12:20 AM.

  2. #2

    Default Re: $ problem

    is it a real crisis in europe while it is a USA conspiracy in the past..

  3. #3
    Moderator diver-hloc's Avatar
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    Default Re: $ problem

    Euro down.... good for me, need to exchange some Euro for next year...

    USD down.... maybe some of the stuff I want could be cheaper...

    Still got a job.... thxs God

    Scuba & Father... For Life

  4. #4

    Default Re: $ problem

    Quote Originally Posted by ricohflex View Post
    Suspect it is in USA but in some one's pocket or bank account.
    not bank account, but BANKER's account.

    Where do you think all the banker's obscene paychecks came from before the crisis exploded??

  5. #5
    Senior Member Big Kahuna's Avatar
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    Default Re: $ problem

    Sometime we hear criticism on Singapore delaying retirement age, ever changing CPF withdrawal policy and lack of social welfare etc...if you look at all these countries that fail one by one.....I can't help but salute the foresight and approve the prudent way of our gov running the country

  6. #6

    Default Re: $ problem

    ..be contented and be happy what you have here today.

    We are very fortunate to ba managed by a group of capable leaders!

    I dont like those demo in those countries.. democracy plus VIOLENT.. even U students do it e.g. in UK when they increase the school fees!

    The signal sent to the next generation is 'If you are not happy show violent'

  7. #7
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    Default Re: $ problem

    $ problem is one of them............Then

    Climate, Fuel and Food.

    Endless greed or need till nothing is left.

    The Solution is actually simple. War. Because winner takes all.

  8. #8
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    Default Re: $ problem

    http://netrightdaily.com/2010/11/fed...-pay-the-debt/

    Print $600 Billion can have unexpected consequences.

    China holds $868.4 billion of the US national debt as of August 2010. Japan has $836.6 billion.


    US Federal Resrve’s stake in the US national debt may be about $1.6 trillion in 2011.


    Estimated War-Related Costs, Iraq and Afghanistan
    According to the Center for Defense Information, the estimated cost of the wars in Iraq and Afghanistan will reach $1.08 trillion by the end of fiscal year 2010.


    http://webcache.googleusercontent.co...&ct=clnk&gl=sg

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