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Title: Netherlands Television Documentary: America Is A Economic Fiscal Nightmare - Complete Dollar Collapse - Depression - End Of America
Source:
Tegenlicht
URL Source: http://cgi.omroep.nl/cgi-bin/stream ... pro/tegenlicht/bb.20051120.asf
Published: Nov 2, 2005
Author: Documentary: Producers Madeleine Somer/K
Post Date: 2007-12-02 00:38:52 by Uncle Bill
Keywords: DEBT, IS, DEATH
Views: 146
Comments: 1
Direct link to documentary, partly dutch, also much in english: http://cgi.omroep.nl/cgi-bin/streams?/tv/vpro/tegenlicht/bb.20051120.asf A great documentary 2 years ago: The day the dollar falls (Dutch but some English interviews) of the Tegenlicht series. It describes the events that lead up to the moment the Dollar is worth nothing and a Dutch woman has to pay her cab with some cigarettes. In the documentary you hear some opinions of dutch and foreign traders,investors and millionaires that underline the message: It is unavoidable, the only question is how and when. Israel Lobby in US: http://player.omroep.nl/?aflID=4337248&md5=9daaa82679c4fe8831398daba0d71d48 
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#1. To: Uncle Bill (#0)
There is a way for the Federal Reserve to protect the dollar. In the early 1980s they raised short term interest rates to over 20 percent. If the Federal Reserved raised short term interest rates to 10 percent or more, whatever it takes to cover real inflation plus 4 or 5 percent, foreigners will buy Treasury Bills, Notes, and Bonds. The downside to that is it would cause a severe downturn of our economy. Pity homeowners with adjustable rate mortages when their payment double. Foreclosures would skyrocket and the price of real estate would drop big time.
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