CNBC analyst: dollar will be destroyed, global currency and New World Order coming
By Jacob Galt Friday November 13, 2009
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And Walmart will be there to sell you Chinese stuff in the new currency. Why worry?
No matter what the story is we know this:
pedro is retarded.
He is the product of two morons who bred and created an idiot spawn that should have been killed at birth.
I think I counted at least 16 “you know”‘s during his rambling statement.
I’d be surprised if the financial companies will permit a single global currency. They make too much money simply arbitraging between different currencies. I think what we’d get is a global “exchange” where only the big boys, like Goldman Sachs, the IMF, etc actually get to have any of the world currency. The rest of us peons will be stuck with what Obamadollars get printed.
I think the root issue is the enormous cost of women.
I heard of a girl recently claiming that she was worth the cost of a $70,000 engagement ring (2.5 ct) from her $200,000/yr earning boyfriend.
There is a large number of women, and probably men, who are completely out of touch with their real worth, and are demanding more and more to fill up their vacant lives.
@2 – the word is “moran”. Please fix your spellchecker.
After the fifth “you know” I realized this guy is an ignorant “you know”
Um, spelling police, my Apple widget dictionary defines “moron” as such:
moron |ˈmôrˌän|
noun informal
a stupid person.
DERIVATIVES
moronic |məˈränik; mô-| adjective
moronically |məˈränik(ə)lē; mô-| adverb
ORIGIN early 20th cent. (as a medical term denoting an adult with a mental age of about 8–12): from Greek mōron, neuter of mōros ‘foolish.’
It also says “‘moran’ could not be found”.
Ah, I remember seeing that recently used but I thought he was a moron, oops, moran.
As others have noted, it is hard to take someone seriously when they can’t utter an entire sentence without at least one verbal stammer – you know. Still, there were several points that would have been interesting if the interviewer had interviewed instead of grasped for sound bites, no doubt to be used over and over in the next few hours. You know?
Like I stated in the Global Oil Scam post yesterday –
Get ready for it boys and girls, were being prepared for an economic collapse. They can’t steal enough as it is, they need a system that favors them even more. From the ashes of the old economies will arise new ones, with the same people as before firmly in control. Get ready for slavery, for chips implanted under the skin, for enforced conformity in the most Orwellian fashion. Freedom will be deemed unsafe for the public at large and the rights we now take for granted will be considered priveledges. –
Unfortunately the Unitedstatesicans will likely revolt, after all, they are some of the best armed civilians in the world. Not to worry though, I’m sure their armed forces are prepared for just such a contingency.
Dark times are upon us. Enjoy what’s left, but be prepared.
Moran
The leader in Tug and Barge Services on the United States East and Gulf Coasts.
morantug.com
Are we at Peak Bullshit yet? We could really stand to run out of that.
#13, GF
This should help:
http://en.wikipedia.org/wiki/Denial
“Moran” is a meme started on Fark.com from a mullet-sporting guy who had a protest sign that said “Get a brain morans”.
I suspect that the economic interaction of decreasing value of the US dollar in the world market and consumption in the US will reach an equilibrium that may be beneficial for the US economy. When the value of a dollar in the world market drops, the economic effect in the US market place will be very similar to a duty being imposed on imported goods and services. This will have the short term effect in the US market of reducing spending because or higher costs for the same measure of goods and services. Demand however, for goods and services may tend to persist allowing for the potential of some recovery of US based goods and services industries. That could lead to meaningful growth in US employment in 3 to 5 years.
The effect on foreign markets however, will likely be equally negative.
Maybe the Obamadollars strategy makes some since. I am personally uneasy with such an approach. The risks are serious and considerable if things don’t go according to plan.
I know the Fark.com usage. We should all hope our innocent misspellings don’t end up making us the laughing stock. But, I have this nagging feeling that Bugs Bunny first coined the word back in the forties or fifties. I can’t find it with Google’s help. Anyone else think they remember it?
What difference does it make whether it is the New or Old World Order? Life goes on, regardless whether we have Greek, Romans, Mongoloids or Germans running the world.
I don’t buy a total collapse of the dollar as likely.
We are following the Japanese model of dealing with a bank crisis: don’t write down the bad debts and pretend insolvent institutions are merely “liquidity starved.” There are differences, obviously, but it’s within spitting distance.
US national debt is something like 60% of GDP. Japanese national debt is about 200% of GDP, so it is a damn sight worse. Japanese government borrowing cost is about a third of that of the US. If the road we’re on contained a gaping chasm Japan would have already driven full speed into it. Big debt is bad, but it generally isn’t fatal(for countries).
There are things which are much more dangerous than our debt.
*Commercial real estate is worth about a third less than its notional value(the value listed on banks’ books).
*There are about 10 years of gross WORLD production worth of interest rate swaps outstanding(over 400 trillion). Explaining the swap is mildly difficult, but explaining why such totals exist is impossible.
*Major companies, ratings agencies, accounting firms, banks, the financial news media and the US government don’t particularly mind cooked books.
Those are my worries. Hyper-inflation and world government don’t rate.
This NWO scare has been going on since the Federal Reserve was instituted. I’ve been hearing about it since the 80s, and not much is really going on.
Seems like all the news can report is more doom and gloom and the scare of big brother.
# 18 OvenMaster : Thank you. What a maroon I am.
What I don’t understand about the claims of the Fed and the “new world order” is how it’s “New”? It was instituted at the beginning of the 20th century caused a depression then and they blamed a lack of regulation never mind that both times they deliberately clearly caused it as part of a power grab. There’s nothing “NEW” about this “New World Order” it’s just that a few of the sheep dare mention it in public.
They said this about the yard stick too. Metric would replace the imperial system of measure otherwise the entire system would collapse. Ain’t going to happen with the dollar either. Any other predictions for us to laugh at?
The US dollar will be utterly destroyed and replaced with the Madagascar Soda Cracker.
Cursor_
Moran for the morons.
TAX ALL religion. Today. Heavily. Forever.
If I heard an investment analyst use “Yeah, for sure” and “You know” as much as him, I’d be headed for the door. While I agree that the economic future is likely to be horrible, this guy is a NWO flake.
this is contrived mind control. you must realize these guys are salesmen for the NWO, not reporters or honest observers, dude is invested in the trend he is pushing.
65 trillion negative net worth is a LIE. with inflation, our assets rise as well, but they intend to STEAL THEM by withholding the credit inherent in EVERY FIAT. WE HAVE RESOURCES, BUT THEY WILL ATTEMPT TO SHAPE DEMAND; they insinuate control incrementally as far as the public idiocy will allow.
it’s all lies, but lies work because the public is gullible, the cabal controls the flow of information, until forums like this get the truth out. This guy is a shillmeister selling what they want you to buy. They put this guy on there to “be cool” to get your guard down so he can download what the cabal trying to be the NWO wants you to hear. Hegelian Dialectic, false choices, and some new and wonderful-sounding alternative like cashless credits and microchips. Eventually it will probably work, because they manipulate markets hoping for trigger points creating big moves, the crowd rushing for the exit. They need to create the perception that the dollar is over the edge, but the reality is that all currencies are fiat, so own metals and commodities to PROTECT your dollars. Use your dollars, demand cash, and cash dollars will have value. We should be buying our dollars back, and foreign nations will be forced to use their own shitty money. They want herd mentality and stampedes; this is how they make their kilings.
we are sitting here worried about the dollar while they are looting the hell out of the treasury. We should be firing every SOB in DC, AND THEY ARE ALL SOBs. they are all SO b.s.
Phucking phreemason, using crisis, and order (order out of chaos) to profit, without exposing the criminals in charge.
they get you to take the “lesser of evils” to avoid the big collapse. child psychology in spades, their greed satiated by your fear.
We will have a nuclear war or a redneck rebellion before this ever happens.
This man’s livelihood depends on financial instability. Is it not to his advantage to get as many people as possible to believe what he is saying, but be “wrong”. He knows the game. Next.