The Mortgage Mess Explained Simply

[fishpoopoo]

we won't be too far from a time when we'll be paying for things with foreign currency.

i could see going to your local gas station for a fillup, and the guy won't accept your credit card (if you're lucky to have one by that point) and won't take paper dollars. but he'll be happy to take swiss francs or hard barter ... like plugs.

if you think this is b.s. ... consider that in Europe, some retail establishments are no longer accepting credit cards for payment! No $hit!

[Nebe]

can I borrow a glock?

[fishpoopoo]

Originally Posted by Nebe

can I borrow a glock?

git yer own, dude.

[fishpoopoo]

life goes on.

i might have to whore myself to make ends meet, but it goes on.

[Hooper]

Originally Posted by fishpoopoo

yeah, i wasn't kidding when i posted a few days ago that i threw up thinking about this.

i don't think the american public gets the magnitude of the mess (but it seems to be reflected in the daily stock market carnage).

you know, this is a mess 20+ years in the making, largely perpetrated by the federal reserve. NOT CLINTON, NOT BUSH.

whoever ends up winning the election is gonna have their hands full.

i genuinely feel sorry for him, there's not much he can do, unless he hijacks the federal reserve and SHUTS DOWN THE PRINTING PRESSES.

FP, you seem to be pretty versed in the world of finance, can you point me towards some websites that should be on my recommended reading list, I want to know more! Thanks for your posts!

[fishpoopoo]

hooper,

wow, i don't even know where to start.

i read a lot, partly because i'm in the business.

maybe i'll do it in another thread. it's a fairly big list.