Tag Archives: currency wars

PREPARE TO MEET THY DOOM!!!

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Currency Wars and Fugitives from Justice

Stacy Summary:  Excellent piece from Jesse’s Cafe Americain.   We’re already seeing this . . .

The oligarchs have ruined the US. They will now seek to subtly starve the middle and lower classes to pay for their bonuses, and will resist every effort to repeal the absolutely irresponsible tax cuts enacted during the administration of their chosen candidate G. W. Bush, and the setup to divert reform through their stalking horse, Barrack Obama. They will speak out of both sides of their mouths. Unemployment insurance, Social Security benefits, and pensions are bad, and their unfortunate recipients lazy, stupid and expendable, but the keeping ill gotten gains, enormous fortunes obtained through fraud and paying little or no effective taxes on them, is a requirement for economic recovery. There will be many useful idiots well outside the circle of power who will agree with this injustice, and vehemently attack the unfortunate in society because of a combination of character flaws, usually selfishness, emotional immaturity, and just plain meanness. It is how it always is. Most Gestapo informants were actually neighbors, bearing petty grudges and spites, not realizing the damage they were doing to real people.
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Currency Wars

Stacy Summary:   As part and parcel of this year’s sovereign debt crises, the accompanying currency wars are going to cause the most noticeable consequence to the man on the street.  I have spoken to people who lived through a currency crisis and the trauma was still visible a decade later.  Anyway, no doubt this blog post from Jesse will trigger much conversation . . .

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Ratings Downgrades, Currency Wars & Icelandic Blackmail

Stacy Summary:  Jesse’s right that it is all about currency wars; and @Mike/Liverpool will be happy to read Jesse’s conclusion on which currency to look at to be the loser . . .

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