Wolong may have a surprise coming for the big banks. Imagine dogecoin-the silly meme coin - challenging FRNs as a reserve currency. That would be a classic!
A simultaneous multi-pronged attack on the system is the only way to get rid of it. History has shown anything less to be catastrophic failure. I am anxious for the fireworks :)
Scott have you seen the stories on that trllion dollar Chinese based trust default.. apparently to happen on Jan 31? A trigger event? Or is it disinfo?
i bought a trailer. i can move stuff for people. investment.
gonna put a sign on it saying truck/trailer with man for rent by the hour/mile and park it out front. call dave. 2 ounces silver per hour. i sell 2 used ounces for $45 FRN's they exchange to me for services... like coupons only heavier.
Right. Try again here. This link is to a search result at zerohedge. The articles listed outline a default that they are saying could lead to big trouble for some. Question is this bogus or is this the start of the fireworks?
http://www.zerohedge.com/search/apachesolr_search/
China? This is a fucking CHINA thing?
There's a TRILLION DOLLAR TRADE DEFICIT with the US! Why would they care about a default? They can discharge it with American assets.
This is a NOTHING event.
When the U.S. defaults (It has MANY times) what happens?
What about Great Britain? They JUST finished paying off their WW2 debt... find out how many times they defaulted. Then find out what happened when they did default.
Japan and China.
There is a pre-arranged "flash-point" that will trigger the war in question. Look at how WW1 started. Something relatively small (The assassination of a Serbian Duke) in the grand scheme of things, set off a war that was eventually blamed on... Germany.
...yeah, I never really got that one either.
A red herring article in an attempt to shift any blame onto china and a possible reason to start a war in an attempt to justify and carryon business as usual when shtf.
Yes and no.
The war will be about something else. THIS is just something that will be "slipped in" as an issue. The same shell game was used in World War 1. Austria STARTED the war, GERMANY got blamed.