Comments on: Costa Rica government wants to print ¢540 billion, sell it to China without lawmakers’ approval

By: Karen Mata

Karen Mata — Tue, 10 Nov 2015 15:27:00 +0000

All I´m getting are chirping crickets, Mr. Dull.

And if you man up, please nothing hackneyed again. Something original..??

By: Karen Mata

Karen Mata — Mon, 09 Nov 2015 15:33:00 +0000

To specifically address the US dollar index, yes it has spiked recently. It also spiked just prior to the 2007-08 crash which saw the demise of Lehman Bros.

This spike up indicates a rush to purchase US dollars to settle derivative contracts, and also a flight to safety as the dollar is viewed as the best horse in the glue factory.

By: Karen Mata

Karen Mata — Mon, 09 Nov 2015 15:12:00 +0000

Concerning the unemployment number. Over 94 million are not counted the labor force while another 7 million are counted as unemployed.
The accounting methodology has been changed significantly over the decades.
John Williams, Dartmouth MBA, and economist, publisher of shadow stats, which reveals a truer picture of US unemployment. His true alternate unemployment rate is north of 20%.

Forbes seems to verify that with a 2014 story, ¨We´ve Crossed The Tipping Point. Most Americans Now Receiving Government Benefits.¨ Having over 50% of the population on government benefits with a 5% unemployment rate defies logic, no?

Concerning the strength of the dollar, former US¨Comptroller, Dave Walker recently stated that US debt is nearly quadruple the official number of 18 trillion.

Why do you think the US has had interest rates pegged near zero over the past seven years? (this is something historical in itself with no precedent) Could it be that the US can no longer pay the interest on bonds at higher rates?

You might also google, wsj,”Once a big buyer China starts dumping US government debt.”

Finally, let history be your guide as we are in uncharted waters. The past 44 years all world currencies have been fiat currencies backed by nothing but good faith. History tells us that fiat currencies have ALWAYS over time fallen to their intrinsic value, that being zero.

For further reading, google, ¨Gold Silver and Oil, Credibility Collateral, and Confidence in a World of Fiat Currencies¨ Bill Holter

Facts, no personal attacks.

By: mhogan

mhogan — Sun, 08 Nov 2015 08:19:00 +0000

You actually believe the numbers put out by the government …. jajajajajaja

By: mhogan

mhogan — Sun, 08 Nov 2015 08:10:00 +0000

I say: let China own Costa Rica. Don’t think they can do any worse running the Country and I think they’ll do a whole lot better. Ticos might object, however, to being productive and following “rules”.

By: dr meno

dr meno — Sat, 07 Nov 2015 13:10:00 +0000

I do believe you are believing a published report from the illegal Federal Reserve. Al l they are are loan sharks. They are the authors of the financial collapse. How can that report justify the unlimited printing of the dollar?

By: A Dull Roar

A Dull Roar — Sat, 07 Nov 2015 02:06:00 +0000

Really need to get off the Faux News channel Randy if you think the economic situations of US and Greece are somehow similar. Lucky for the U.S. they elected Obama. Did you see the jobs numbers today by any chance?

By: A Dull Roar

A Dull Roar — Sat, 07 Nov 2015 02:05:00 +0000

Collapse of the dollar? Whatcha smokin’? Can you share? http://www.macrotrends.net/1329/us-dollar-index-historical-chart

By: zzzzz

zzzzz — Fri, 06 Nov 2015 12:06:00 +0000

credit is a good thing. period. without it, people would still be plowing their fields with a spoon
how we use it and government waste is the question

By: gc

gc — Fri, 06 Nov 2015 01:55:00 +0000

yeah, because increasing taxes always works …fiscal reform….. snort. what a hoot,.