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counterfiet

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Money Talk > The Blue Room

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d3th
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Cash: $ 2.05

Posts: 10
Joined: 31 Oct 2006
Location: colorado
counterfiet  Reply with quote  

did you know that the world econemy is 90% speculative capital?
what do you think this implys?
what hapens when this extremely simple concept becomes known by the general population?
Post Tue Oct 31, 2006 12:47 pm
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d3th
Member


Cash: $ 2.05

Posts: 10
Joined: 31 Oct 2006
Location: colorado
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let's pretend all of the goods and services of the world combined, costs one dollar, ok? sort of a wgnp

well there is $10 in the bank. therefore most of the money in the world is not backed by gold oil or drugs, or anything but speculation. it is funny money. the offset was reversed 20 years ago, it was %10 speculative.

as capital moves from place to place seeking a 'more favourable econimic environment' it leaves a path of destruction. it uses its self as a weapon to leverage legislation. there is even a death penalty associated with capital flight in some countries.
Post Tue Oct 31, 2006 2:44 pm
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d3th
Member


Cash: $ 2.05

Posts: 10
Joined: 31 Oct 2006
Location: colorado
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i am refering to those "emerging markets"

here is one definition
http://www.investopedia.com/terms/s/speculativecapital.asp

the begining of this artical looks good:
http://www.epinet.org/content.cfm/books_taminges

i think it would be awesome to keep this thread free of any presumtions, economics sophestry and university propaganda.
Post Tue Oct 31, 2006 4:17 pm
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