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2332
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 18, 2016, 11:00:19 AM
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CIA is just one of the 17 security agencies US have. Actually 50% of the work force in the US is working for the US government, US military, or for the military industrial complex that entirely depends on government funds. This explains why US is jumping from one war to another since WWII. This structure of the US economy is a big concern for the rest of the world. US establishment has basically two options - either keep starting bigger and bigger wars to support current state of economy or honestly tell average Joe and Mary that their standard of living will drop significantly if economy is allowed to correct itself. The latter is almost unthinkable. That is why we are where we are. Lets hope people with brains will prevail before it is too late.
It's way past too late ... it was too late on Sept. 11 2001. Demilitarising the USA MIC has about as much chance as demilitarising its police forces (which is a natural symptom of the wider manifestations.) |
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2335
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Economy / Speculation / Re: Analysis
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on: July 17, 2016, 11:37:56 PM
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So there is my planned entry. haha, good luck finding someone to sell you 420 coins newbie, but be real patient and you might ... |
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2336
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Economy / Economics / Re: Martin Armstrong Discussion
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on: July 17, 2016, 11:35:57 PM
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Would it be wise to stay out of debt now before this inevitable monetary reset happens?
Depends if your particular debt gets 'reset' or not ... take out huge mortgages and credit card debts to buy bitcoin and gold and go AWOL for the reset? |
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2338
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 16, 2016, 05:40:21 AM
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As for the proposed ETF, it does not add any productive mechanism to the underlying bitcoins. It only provides a level of indirection, that is intended to make bitcoin accessible to investments funds that it would not otherwise get (such as retirement funds). But, would the SEC authorize an ETF whose shares are to be backed exclusively by shares of a specific penny stock?
Its been a long time since I have seen him on here and he's still vehemently against bitcoin. Why is he hell-bent on seeing bitcoin not succeed? He's a socialist academic in tenure at a tax-payer funded third world university ... what else is there to understand? He's the typical scum that has bought humanity to its knees through a tragically-failed ideology and attendant rent-seeking classes. It's important for them that their world-view being destroyed by prosperity-generating examples of liberty in action is not exhibited to a wide audience. |
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