FIAT PAPER & IMF SDR

[Visum]

I am just sick of it. The IMF is going to support the world's fiat money with the SDR. In case you don't know, the SDR IS a fiat, it's just a representation of the value of a basket of other fiats. What the #%$^ is going on. This is unbelievable. Welcome one world government and one world financial system. If you weren't convinced before I hope this convinces you we are going to attempt to print ourselves out of this world mess.

IMF (To view links or images in this forum your post count must be 2 or greater. You currently have 0 posts.)
SDR (To view links or images in this forum your post count must be 2 or greater. You currently have 0 posts.) and the Current SDR Valuation (To view links or images in this forum your post count must be 2 or greater. You currently have 0 posts.)

G20 leaders pledge $1 trillion aid to stem fin meltdown (To view links or images in this forum your post count must be 2 or greater. You currently have 0 posts.)

"Leaders of the world's largest economies have reached an agreement to tackle the global financial crisis with measures worth USD 1 trillion.
G20 leaders have pledged USD 1 trillion in emergency aid and have also called for stricter limits on hedge funds, executive pay, credit-rating companies and risk-taking by banks. They also boosted the resources of the International Monetary Fund (IMF).The G20 has also called for an end to bank havens and said that banking secrecy of past must end."

[RBM]

@ Visium

ATo view links or images in this forum your post count must be 2 or greater. You currently have 0 posts. don't despair.

First, Mother Nature bats last (US baseball metaphor). Secondly you are in Chile !! which I hear is a sort of lifeboat to some in this madness ;-)

[Visum]

Your correct I am in Chile, a fantastic country with a great and solid economy, but I am a US citizen. So, I still have plenty of interest in the dollar. Speaking of dollars, the exchange rate to Chilean peso, CLP, has changed over 50% in the last year and a half.

[RBM]

Your correct I am in Chile, a fantastic country with a great and solid economy, but I am a US citizen. So, I still have plenty of interest in the dollar. Speaking of dollars, the exchange rate to Chilean peso, CLP, has changed over 50% in the last year and a half.

So how's you spanish ?

So what are you paid in ?

So change, to where, mas o menos ?

Seriously though, I'm guessing a better strategy is regarding community, where do you have good connections ?

A friend of mine just left the cornbelt to resettle in Hawaii in preparation for TSHTF. He figures he can stay warm, and fish to eat.

[reb]

it IS thoroughly disgusting, but there are not enough of us who both understand and will object to change anything about it. best to make careful plans.

the old shell game, and we get the pee.....

[Visum]

So how's you spanish ?

So what are you paid in ?

My Spanish is good, I have been living in SA for about three years, the last two in Chile. I may have another 5-10 left. We will see. I am paid in dollars and am about ready to move a large chunk over. The deleveraging helped, but it won't last.

So change, to where, mas o menos ?
Seriously though, I'm guessing a better strategy is regarding community, where do you have good connections ?
A friend of mine just left the cornbelt to resettle in Hawaii in preparation for TSHTF. He figures he can stay warm, and fish to eat.
It appears we are currently at about 96.91% on the TSHTF shitometer (To view links or images in this forum your post count must be 2 or greater. You currently have 0 posts.).
I may be moving south, and purchase a small farm and start growing Bard Rocks or something. Lots of great trout fishing from glacier rivers running down the Andes mountains. Maybe Reb can give be some pointers.....;)

@ reb- I agree. I have been griping for awhile, but this just sent me over the top. Ignorance is bliss until the mattress is all lumpy and you wake up.