Answer the questions You Know.
When do you estimate that the world financial system will collapse and our U.S. Dollars will be worthless?
Give us the latest possible date this could occur?
LET'S MAKE A LITTLE WAGER
by You Know 536 Replies latest jw friends
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D wiltshire
YK,
The pot calling the kettle black:
As for your predictions of a little skirmish, that's just your opinion, you don't know the future... I suppose anything is possible. / You Know
Might I add, nether do You Know the future!When a 2 year old asks a complicated question how do you answer?
How long have you LIVED and how long has God LIVED?
Do you think you always understand his answer? -
Utopian Reformist
YK:
Please note that this state of war you are referencing HAS NOT BEEN DECLARED BY CONGRESS. Article V has been invoked by NATO, however, given that there are many terrorists operating in many countries, these declarations and/or use of the word may begin subsiding soon.
Once the growing coalition realizes that political and financial pressure is the most effective tool at demanding cooperation, that is what will be employed publicly. In the dark, special units and intelligence will be at work to ensure that cooperation is taking place.
As far as a total worldwide collapse of the global financial system, it could not possibly happen this soon, or in the very near future. The europeans have yet to follow through with replacing individual currencies with the doomed EURO. This fact maintains that individual markets in certain european countries will continue partially isolated and continue their normal operations.
A small example is Italy. Over 800,000 italians visit the US annually. They along with many other tourists visit our parks and cities. This year of course, most of that group will spend their money at home. Italian Tourism will see a temporary increase this year due to the recent events.
So, the see-saw effect of globalized trading and commerce has already begun. We will use federal money to shore up any leaks, and the foreign markets will briefly benefit from domestic increases.
That is just one part of the entire picture. Like LDH and JDUBLA, I also worked in finance for 7 years, although in the technical end.
As far as not understanding the movements of water, perhaps your bipolar?
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dubla
YOU dont KNOW finance-
...other many derivatives, in fact most, are related to currencies and bonds.
correct. currencies move up and down with a DIRECT correlation to the market, so im still unclear as to how its just a sideshow to the big picture. in fact, ill repeat myself here and say that for you to say that the stock market is a mere "side-show" to the u.s. financial picture proves unequivocally that it is in fact you who is clueless in these matters.also, you have completely proved my point about how RIDICULOUS it is to say that "one misplaced bet" can brind down the entire system. this is such a preposterous statement that it almost doesnt deserve a response......but i guess we can go into finance 101 here for a sec......
if you have investments diversified between currency, metals, stocks, bonds, etc. (which is what we are talking about here with your chase example), the REASON you diversify is so that you DO NOT have everything tied to one area in order to PREVENT losing it all in one shot. its called not putting all your eggs in one basket, and really its a very elementary idea for those of us who are still sane. you see yk, stocks and bonds move OPPOSITE each other. in other words, if the stocks that youve "placed your bets" with are FALLING, the bonds that youve "placed your bets" with are RISING. get it? this happens when people are concerned about market performance, and prefer a "flight to safety". likewise with currency, corporate debt, foreign markets, etc, etc, etc, etc. if everything moved together, up together, and down together, then you might make a case for the possibility of everything crashing with one misplaced bet, because in fact one misplaced bet would mean theoretically that youve actually got ALL of your bets misplaced. understand? diversification prevents this from happening for we all know these investments or "bets" DO NOT move up and down together. (side note to all readers here: banks in general, such as the chase example yk is using, put a heavier weighting toward bonds rather than stocks with their derivative products, and bonds are at a 5 year high right now).
most of you assumed that my wager referred to some sort of stock market crash
as ive already shown in a previous post, you emphasized the market to begin with, and then backed off when you realized you werent being quite vauge enough to claim victory.but my wager actually called for a collapse of the whole financial system and the dollar, or else war.
yes your bet was the collapse of the whole financial system, or the financial system being in a state of war. ill quote seeker here who said it best........is the present...financial system in:
i realize at this point you are trying to backtrack, and claim that you actually MEANT to say the u.s. would be at war, which even then wouldnt be true.
c) In a state of war? A financial market can't go to war, so this is a non-sequitor.There is however an official state of declared war.
um, actually, no. this statement is completely and entirely false. there is not state of declared war. the u.s. has not declared war on any other country, and no other country has declared war on us. there is a war on terrorism beginning, but there is also a war on drugs that is continuing, and neither would ever be considered an "official state of declared war".yk, your ignorance in these matters is humorous. you are entirely delusional, and again ill repeat, you are transparent to all. you fool no one.
aa
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bjc2012
You Know,
Wouldn't it be more relevant to wager on whether or not Daniel 11:40,41 is about to be fulfilled, the explanation of these verses being conspicuously absent from the new Daniel book? Since you are saying there may be war, then you only have to add that after this war, the King of the North will invade JW land.
bjc
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AlanF
: I didn't say the financial system had collapsed
You did too, you lying fucking whacko. You proposed a bet that it would collapse, and now you're claiming that you've already won your bet. You're not stupid -- you're just a lying fucking whacko, and that's behind all your insane postings.
The world understands what happens when lying fucking religious whackos like you get power -- look at the Taliban.
AlanF
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Winston
YK,
I just don't see the logic in what you said here:
Are you placing a side bet that this is simply going to blow over in a few months? My bet is that when this storm finally subsides apostates will not exist. Any takers? LOL / You Know
Why make a bet with people that will not exist if you win?
How will you expect to collect?
Your logic befuddles me! -
lauralisa
AlanF, you totally rock
It's only water from a stranger's tear (Peter Gabriel)
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Trilobite
Oh Kingly Robertly One,
> I didn't say the financial system had collapsed---yet,
How quaint! The "financial system." Please tell do tell us when "Big Business" does actually go down. Tell us when the Satanic Clergy class of Christendom are finally and fatally gored by the atheistic political elements and when the medical establishment finally pays the price for the pox that it has brought on humanity. In the meantime, why not confine yourself to doing what you do best? Terrorizing small children and potted plants.
T.
ps: I'll bet, dimes to donuts, that you are one of those guys who has a constant wet spot right by his fly? Be honest? Yea or Nay?
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You Know
I knew this thread would be great fun. And just think: October hasn't even begun yet. / You Know