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Message: Re: The ripple effect

Jun 16, 2011 10:17PM

Jun 17, 2011 11:24AM

Jun 17, 2011 02:39PM

Quantum, my reference to Greece was nothing to do with the greek rioting, other than the fact that the rioters appear to be scaring the politicians enough that they fear for their safety and are starting to lean towards voting against the bailout. If that happens the "Dominos" will start to fall. Under our current "fiat" system money has no value and is merely a promise that needs debt in order to excist. Due to the loosening of leverage requirements and derivitives every dollar that is defaulted ceases to excist and 100's of other dollars will disappear as well, impacting banks and countries around the world. I recommend money talks today. Greg Weldon can explain things a lot better than me. June 18 9pm

You will need to put in the date and time but can slide the bar past the news, commercials and unwanted guests like Michael Levi.

http://www.cknw.com/other/audiovault.html

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Jun 18, 2011 12:57PM
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