some dude has got an amero

Well assuming the currency was crashing and yadda yadda, investing in a precious metal like gold rather than car parts would make the most sense.
 
yeah 'assuming', then that would a smart desicion, not car parts. invest offshore etc.
Sean Love said:
No he's not, he's actually pretty much right. If a currency is going to crash then you are better off putting your money into material things. Honestly consumables and tools used for making a living would be a better bet than a car, but anything material will hold a certain value through a market crash.

The need for a car isnt going to change really, perhaps damand will, when people reprioritize, but if the car is worth like $2,000 now, and the Amero was worth 1/10th of a dollar, then his car would be roughly $20,000 Ameros.

Currency is what will lose its worth, not products and services.
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but its not. the rest of your post is just going the wrong place. demand for everything will change specially material things like cars. no currency circulation no economy.
 
Yo homies im not a religious dude or anything like that but I know some shit from growing up and shit...
This is all shit that is in the bible , real talk....not the money issue and economic deppression but the fact that the greatest world power *United States of America has to fall...
I dont know why... we dont know the answer to some of the weird things and prophecies in the bible but its in there homies... The US has to fall and big shit is happening...
U turn on ur TV and its right there...all this bulllshit...
Sounds crazy but Im sure this has to do with the end of the world...or something...

about a dozen years ago the Soviet Union collapsed and America became #1...
but some peeps predict that the US will fall just like Rome did...

Alot of anylists and shit say that when America is weaker and weaker...other coutries will attack with Nuclear missles and shit BUT from what somewhere in the bible says that
before that happens, Armageddon is gonna arive.
Something about god not letting that the earth destroy itself...
so right before some shit pops off, he's gonna bring the end.
I dont know what its gonna be or what it is but I believe something is gonna happen...

Yo things r only getting more and more fucked up everyday that passes...
So whats the futture gonna be like... thats why i think maybe the end is close by...

IMHO we're in the last times...
 
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^ first of all USSR was never #1 as far as power. It was and still is the USA. We have better quality stuff than they did and we out spent them and they ended up in debt thus the USSR became no more.

Alot of the stuff that is going on in the world can be found in the Book of Daniel, Revelations, The Gospels of Mattew, Mark, Luke, John, Isaiah. These things that are currently going on are just the start. It will become progressively worse as time goes on. You can see it in our own society today as well as the world. Wrong will become Right and things that were once thought unacceptable in society will be ok.

The answers are in the Bible, you just have to take a step in faith if you felt led to.
 
I don't understand the cockiness of Americans to be so fearful of us not being number 1. If that's what's going to happen (which I don't believe it will), why are we all so afraid of it that we mark it with Armageddon? Seriously its not like we'd fall into 3rd world status and its not like its something a monkey couldn't predict can happen anyway. We are still the world's largest manufacturer/provider of goods and services AND consumers of the same. Economies worldwide are linked - it is a global market. The EU is entering their own recession and I guarantee you'll see the same things happening in other super-power states. Whether we come out on top, number 2 or 3 or whatever is not really important as long as we can all feed ourselves and our families and protect the homeland. Something I don't see us not being able to handle. Energy dependency is the biggest issue I see however but remember, as demand drops, those providers of energy will drop their prices as well ($80-something a barrel right now - far cry from the $150+ just a few months ago). I am not a huge advocate of McCain and I think his links with energy & security are short-sighted BUT he does have a great point in that we should be more energy efficient for our security and economy.

That was kind of a rant, sorry.
 
exactly but I dont think if the US falls from #1 its armageddon.
I think its part of the plans..like things that have to happen..but it involves the world as a whole....
these r just peices of the puzzle u feel me...
 
Oh yeah I understand all that, go read Mattew Chapter 24 and 25. The more time goes on the faster it seems to be happening is what I have noticed.
 
One can logically assume the EU as a country when using GDP PPP as a measure of "status" worldwide. In doing so, we're number 2 anyway. With lower projected growth slated for the USA than the EU, the gap will only widen.

Plus IDK how many of you guys keep up to date w/ what's going on. I've already said that I'm projecting an increase in inflation due to the bailout. If that wasn't enough, the Fed dropped interest rates another .5%, making the rate 1.5%. Whenever interest rates drop, inflation also occurs (which is why we've had a spike in inflation since the Fed started dropping interest rates). Inflation causes the dollar to devalue.

BUT economic theory also permits two external factor to affect the economy. One is technology. AFAIK there are no great technological advancements looming on the horizon. By great, i mean as impactful as the advent of the world wide web and e-business. The other is Oil. As we saw, coupled w/ everything else, the increasing fuel prices took their toll on all facets of our economy. Now that they're decreasing, the break on our wallets should help stimulate the economy. Is it enough to offset the drop in rates and the increased supply of money? IDK.

ALSO, banks are now expected to loan substantially less money (credit creation dropped from 18% to 2%) which will limit the circulation of those dollars, thus deflating the dollar. There are a lot of forces working in both directions. I almost wish I didn't switch my major from Economics b/c I'd be able to understand a bit more I'm sure.

Anyway...
 
etxxz said:
yeah 'assuming', then that would a smart desicion, not car parts. invest offshore etc.

but its not. the rest of your post is just going the wrong place. demand for everything will change specially material things like cars. no currency circulation no economy.
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HUH??? what wrong place??? I said the demand will change, but not the need.

And I said it would make more sense to buy things that can be used for making a living, and consumable goods.

Yes also investing in gold, but I personally wouldnt even trust the gaurantee of the investment if the situation really got that far. I would want ACTUAL gold.


If everything truly went go hell, the only things with real value are food, land, knowledge and tools/weapons.
 
Tonymac said:
Plus IDK how many of you guys keep up to date w/ what's going on. I've already said that I'm projecting an increase in inflation due to the bailout. If that wasn't enough, the Fed dropped interest rates another .5%, making the rate 1.5%. Whenever interest rates drop, inflation also occurs (which is why we've had a spike in inflation since the Fed started dropping interest rates). Inflation causes the dollar to devalue.
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They're already thinking about dropping the interest rates even further. Fun times.
 
Sean Love said:
HUH??? what wrong place??? I said the demand will change, but not the need.

And I said it would make more sense to buy things that can be used for making a living, and consumable goods.

Yes also investing in gold, but I personally wouldnt even trust the gaurantee of the investment if the situation really got that far. I would want ACTUAL gold.


If everything truly went go hell, the only things with real value are food, land, knowledge and tools/weapons.
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Well now we're talking about a state of total global chaos if a gold investment not longer held true. In that case, I think i'd rather have the land and weapons for sure. Oh and Bear Grylls as a best friend!
 
Sean Love said:
HUH??? what wrong place??? I said the demand will change, but not the need.

And I said it would make more sense to buy things that can be used for making a living, and consumable goods.

Yes also investing in gold, but I personally wouldnt even trust the gaurantee of the investment if the situation really got that far. I would want ACTUAL gold.


If everything truly went go hell, the only things with real value are food, land, knowledge and tools/weapons.
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i completely agree with you....in the case we had a nuclear war or something and everything did take a shit.

what i'm trying to say is not to worry about the USD. Worry about your job and your spendings and family. With all that's going on right now the dollar will have a tendency to gain some strength as the economic fart does its thing with the rest of the world as well...and for the love of whoever ppl believe in, will everyone ignore the amero for now

and this is not my analysis...i'm an engineer what the hell do i know right.... this is coming from an ex board of int. banks of venezuela, ex president of bankers trust (now deutsche bank) in venezuela and porfolio director of a 94th percentile hedge fund.
 
BLADDER_MASTER said:
They're already thinking about dropping the interest rates even further. Fun times.
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Really? Where did you see that? Seriously wtf happened to the Fed's primary objective of keeping inflation at or around 2%?

etxxz said:
i completely agree with you....in the case we had a nuclear war or something and everything did take a shit.

what i'm trying to say is not to worry about the USD. Worry about your job and your spendings and family. With all that's going on right now the dollar will have a tendency to gain some strength as the economic fart does its thing with the rest of the world as well...and for the love of whoever ppl believe in, will everyone ignore the amero for now

and this is not my analysis...i'm an engineer what the hell do i know right.... this is coming from an ex board of int. banks of venezuela, ex president of bankers trust (now deutsche bank) in venezuela and porfolio director of a 94th percentile hedge fund.
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IMO you were right in the sense that generally the value of a car never appreciates (exceptions of course), rather it depreciates. And w/ a depreciating dollar, values of cars will only depreciate at a higher rate b/c demand will not increase. Also, i think it would be safe to assume that demand for cars would depreciate as well, further reducing the value.
 
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well this may sound a little selfish and ignorant but like the great depression its the people with money that should be afraid, i dont have shit the only thing i own is my car and the $0.75 in my pocket so i pretty much have nothing to lose... ive lived on the streets for a while so being hungry and not having a set place to sleep doesnt affect me anymore. so i guess i can say i set for battle
 
Yes, the Bible does speak of these events taking place at the end of times. I believe in it 100%. I strongly suggest reading the writings of Ellen G. White. She has many books, and a few explain the end of time. Everything she has written is based off the Bible, and few specific things have already happened (the diseases found in farm animals that are used to make meat, for example). She was a Seventh Day Adventist (a denomination of the Christian faith) prophet. My family is SDA, and I was raised on those beliefs. I do not follow the beliefs very well (as you can see, I driven and attended drift events on Saturdays, which SDA's keep sacred for God and things related to God), but I believe in them.

As time passes by, the beliefs of the SDA denomination become more and more apparent to actual happenings in the world.

I know many of you will probably find this to be rediculous or stupid, but please, everyone has a different backround. So, don't laugh, or accuse me or anyone with my same beliefs of being false or ignorant. I am only spreading the word of what I believe to be true. You can take my advice, or ignore it.
 
^^ can you talk about it a little bit i have no idea what all these readings are about.
Joel Diaz said:
well this may sound a little selfish and ignorant but like the great depression its the people with money that should be afraid, i dont have shit the only thing i own is my car and the $0.75 in my pocket so i pretty much have nothing to lose... ive lived on the streets for a while so being hungry and not having a set place to sleep doesnt affect me anymore. so i guess i can say i set for battle
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the only thing you have to loose is the possibility of coming by another $0.75 you know what i mean?

and btw the stock market took another dump today lets see what happens as the "Bailout" money starts getting handed out.
 
Latino Hibino said:
Yes, the Bible does speak of these events taking place at the end of times. I believe in it 100%. I strongly suggest reading the writings of Ellen G. White. She has many books, and a few explain the end of time. Everything she has written is based off the Bible, and few specific things have already happened (the diseases found in farm animals that are used to make meat, for example). She was a Seventh Day Adventist (a denomination of the Christian faith) prophet. My family is SDA, and I was raised on those beliefs. I do not follow the beliefs very well (as you can see, I driven and attended drift events on Saturdays, which SDA's keep sacred for God and things related to God), but I believe in them.

As time passes by, the beliefs of the SDA denomination become more and more apparent to actual happenings in the world.

I know many of you will probably find this to be rediculous or stupid, but please, everyone has a different backround. So, don't laugh, or accuse me or anyone with my same beliefs of being false or ignorant. I am only spreading the word of what I believe to be true. You can take my advice, or ignore it.
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Yea my parents are pretty chill with the situation. My dad said that all of this is already written in the Bible.
 
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