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Old May 10th, 2011, 04:52 AM   #1
SouthAmerica
 
 
Join Date: May 2005
Posts: 4,047
May 10, 2011

SouthAmerica: The US government is bankrupt, discredited, and the US dollar is at the edge of the abyss.

The US government is desperate to grab anything they can, before the party is really over. It's time for the final dance.

You can bet that Saudi Arabia will be an easy prey for the United States government.

I warned the Saudis many years ago that eventually the Us would pillage their assets. It's just a matter of time.

The US pillaged the assets of Iraq when the US confiscated the assets of the Iraq government before of the war against that country.

The Egyptians, and Tunisians are not going to see a penny of any assets confiscated in relation to Mubarak's government collapse.

The Libyan people can kiss goodbye to the $ 30 billion US dollars that the US government confiscated from that country.

As far the US government is concerned it's open season on the assets of other governments, and it's pillage time.

If the Saudi government has not started moving all their money outside the United States then they deserve to lose all their assets, because they are a bunch of fools.

In June 2003, I wrote an article regarding “Brazil and Saudi Arabia” that caught the attention of the Brazilian State Department in Brazil.

Later, I also found out that my article had been circulated among members of the Saudi Arabian Royal family, and also among senior members of the Saudi Arabian government.

...My article was an eye opener for a lot of people in Saudi Arabia. He told me that he used to have two bank accounts here in the United States until recently, but he closed both accounts after reading my article, and moved his money to a safer place out of the USA.

He also told me that he knew many other people in Saudi Arabia that were doing the same thing; moving their money out of the USA, just in case.

Brazzil magazine – June 2003
Dear Saudis, Play Safe, Bring Your Money to Brazil
http://www.elitetrader.com/vb/showth...6&pagenumber=1

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Old May 10th, 2011, 05:16 AM   #2
SouthAmerica
 
 
Join Date: May 2005
Posts: 4,047
May 10, 2011

SouthAmerica: Every day that goes by the United States becomes an even more "Pathetic" place.

The Chinese government in the future will have a hard time explaining to future generations "why they pissed their resources and invested so much money in a country that was collapsing just like the Soviet Union?"

China is a very poor country in terms of per capita income, but it has been throwing away good money after a very bad investment - the US dollar.

There's nothing the Chinese will be able to do in the future to save face, and look like a Jackass to the rest of the world.

The Chinese is looking very incompetent, but I expected the Chinese to be more intelligent than that.

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Old May 10th, 2011, 07:29 AM   #3
zdreg
 
 
Join Date: Oct 2003
Posts: 9,004
you are writing off the Chinese without offering an iota of proof. more likely they will grow and write of this investment. in the mean time interest rates are dropping and they can dump this crap paper over time.

you don't mention the great benefits to the chinese economy in return for buying this crap paper.
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Old May 10th, 2011, 08:22 AM   #4
CaptainObvious
 
 
Join Date: Jun 2006
Location: N.W. IN.
Posts: 7,626
This government along with the Multi-Nationals, (actually the same thing), have been pillaging the American people for decades. They put the Attila the Hun economic policy into high gear during the Reagan administration and have kept the peddle to the floor ever since. It should come as no surprise what they'll do to foreign entities.
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Old May 10th, 2011, 10:02 AM   #5
nutmeg
Registered User
 
Join Date: Jan 2007
Location: Doddsville
Posts: 18,495
SouthAmerica: Every day that goes by the United States becomes an even more "Pathetic" place.

You sound very "American". It's very fashionable to bash America. Ya need a new angle or a thesaurus.
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Old May 10th, 2011, 10:13 AM   #6
AAAintheBeltway
 
 
Join Date: Oct 2001
Posts: 15,492
He has somehow confused Bush/Obama's foreign policy with Donald Trump's.
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