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Old 11-16-2008, 12:41 PM   #1
pineal-pilot-in merkabah
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Join Date: Sep 2008
Location: england
Posts: 1,153
Default Re: Pound suffers worst fall in 41 years

Quote:
Originally Posted by eXchanger View Post
i do NOT think that will happen
our monetary system, is quite different from the usa one
no it isnt it owned by the same federal reserve banking people.. your money is garbage same as dollar and pound euro ect.(canada will pop when the dollar pops.. mexicans wont feel any difference since canda and usa are being bought into line with said peso value). fiat paper ..

Last edited by pineal-pilot-in merkabah; 11-16-2008 at 12:50 PM.
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Old 11-16-2008, 08:52 PM   #2
Pure_energy
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Join Date: Sep 2008
Posts: 13
Default Re: Pound suffers worst fall in 41 years

Quote:
Originally Posted by pineal-pilot-in merkabah View Post
no it isnt it owned by the same federal reserve banking people.. your money is garbage same as dollar and pound euro ect.(canada will pop when the dollar pops.. mexicans wont feel any difference since canda and usa are being bought into line with said peso value). fiat paper ..
I agree with you mate. Every country uses the same moder money mechanics and therfore are trap ( if not with the same family ) with the same system.

The increase of value of the dollar is easly explained.

Imagine a meteoroid colliding in the sea. If you are at the shore you will not see the massive wave at first. What you will see is the sea going back and then a massive wave. That is what is happening now. With all the troble in US all the people that had money ( dollars ) invested in UK or in any part of the globe are withdrawing their money to save their asses is US but soon it would be no money left to save them and the big wave will come.

Imagine that you have 100k pounds invested in a saving account in US and you are feeling that the market there is going to crash or maybe your business in UK is feeling the heat and you need that money. You take that money back meaning that there is less pounds in US making the pound there stronger ( less pounds in a place makes harder to buy therefore more expensive ).

That is what is happening, business from US are trying to save themselves and soon there will be nowhere to run.

I also agree with the people that say we are going to euro soon. My friends keep teling me that we need a Plebiscit ( people are ask to vote pro or against it ) but the fact is that on this is a control demolition and at the end people will ask to be on euro on a hope to be saved.

Peace
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Old 11-22-2008, 02:53 AM   #3
piers2210
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Join Date: Oct 2008
Posts: 403
Default Re: Pound suffers worst fall in 41 years

Stock up your shelves folks....

The food shelves will be empty soon. This is because the distribution network is being strangled by the banks, who issue letters of credit. This has been coming for a while to be honest, but is a real event now.

LaRouche has got it right:

www.larouchepac.com/node/11837/print

True and frightening
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