01-31-2017, 06:20 AM
(01-31-2017, 06:04 AM)ElwoodBlues1 link Wrote:Media dont control the the sharemarket in the USA, if that goes down so does the rest of the world. the honeymoon could be over for US sharemarket....this latest immigration fiasco already has US financial advisors telling clients to putĀ more money into cash and bail out of stocks..the US economy is leveraged against a lot of debt due to the last GFC as is the Aus economy...the debt in Aus has doubled since the Abbott days, Scott Morrison is running around trying to cover it up but the media are all over him. Next GFC the Banks will freeze all assets like they did in Greece, not a lot of people know the Banks signed agreements with Govts both here and in the US to freeze all accounts if a GFC occurs.
Look forward to lining up for two hours to get your $50 a week like they did in Greece if a financial numptie like Trump isnt reigned in and given a lesson in economic common sense...
The US is also looking at doing away with high denomination bank notes as has occured in India, restricting the amount of ready cash available and forcing electronic payments as far as possible. This would place much greater central control over money and enable bank "bail in "s to prevent bank failures. All part of global asset redistribution.
Reality always wins in the end.

