Quote:
Originally Posted by Knightbk
Why, is the world going to collapse?
You guys seriously need help if you think that (or drugs).
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hello sir welcome to the economy section of avalon.. as you may or may not know there are roughly 1.5 quadrillion dollars in leveraged worthless paper derivatives still floating around out there. estimated to be about ten times the value of the the planet in total. paper money is indeed dead and the system is indeed about to collapse.. look into it a bit more youll find we are now in alice in wonderland where paper money is now just kept alive by our own belief in it..
look at iceland right now and also (economic collapse argentina) on google video to see their tried and true methods being employed right now in the west.. oil is also $50 dollars a barrel and most of the arab world need to have it at $80 a barrel to meet their economic requirements. they hold a large amount of worthless t-bills and bonds.they will dump them thereby causing massive hyperinflation in the west.
we are headed for whimar republic style hyperinflation.
good day to you sir