McConsumer (October 12, 2008 at 10:12 pm)

Selling a "worthless" commodity on the open market, who will buy it? Who has enough fduds and would take that risk? You can't sell them all, it would cause a worldwide depression if they all went on the market. It will happen, but slowly, in the meantime, we have a recession on our hands, and the UK will not be immune. You realize that the US is your biggest importer? There are many ways in which our countries are tied. You will not find that the UK is prosperous while the US is suffering.

flangelet (October 12, 2008 at 6:34 pm)

mj4k1 : These already exist in European Stock Markets. They have good and bad features but only slow the inevitable. The us stock market is old fashioned and people powered so it's prone to the same human failings as in 1929... you're doomed!

flangelet (October 12, 2008 at 6:28 pm)

The UK. The financial hub of Europe; Europe's 2nd Switzerland. We will make money out of our foreign clients selling your worthless dollars and we will make money from you as you try to prop up your worthless dollars then we will make money from the Arabs and the Chinese as they dump their worthless us treasury bonds and we will make money out of you as you try to prop up your worthless us treasury bonds! Capiche? LOL

McConsumer (October 11, 2008 at 6:27 pm)

I don't know where you're from but I will say this: Yes, America is deeply in debt to many foreign countries however, What will happen to YOUR economy if all that American paper you hold becomes worthless? What will happen to YOUR banks when %50 of their assets disappear overnight? If America defaults, then it is going to harm a lot of other countries, and your leaders know this, which is why they will continue to lend until they can safely get out.

flangelet (October 10, 2008 at 12:52 pm)

No argument. No asking. You yanks will now do as we say or we will bury you and your scummy country so deep they'll need a shovel to find it. You did it to yourselves. You are to blame for your own state of your union. Stop whining and jump to it, slaves!

flangelet (October 10, 2008 at 12:49 pm)

The SaudiArabians/Chinese/Japanese/Indians don't need to liquidate their dollar positions re. the US Treasury Bonds (TBills) they hold. They need only seek audience with the us president, treasury secretary and fed chairman and TELL those chumps what they want, how high they want them to jump and when they must do it. They effectively call the shots, the bankrupt usa is owned by foreign nationals, foreign banks and foreign governments and organisations. Your country is dead. We own you now!

mj4k1 (October 8, 2008 at 12:05 am)

Hmm, could we not build in automatic systems that halt any market if it drops say 5% or more in a certain time frame. The Arabs have invested hugh sums, but they can never expect to liquidate it all; or even a small percentage of it in a short time.

idrobinhood (September 24, 2008 at 7:11 am)

The Federal Reserve are the one's that raised interest rates, causing the sub prime markets to fall apart and costing Billions in the first place. The Hearing for the bail out was bail out for the people in front of camera to put clock and mirrors. So not to say whom will gain not mention donations for the elected officials during an election. The richer getting richer.

dilbertgeg (September 20, 2008 at 7:58 am)

A main arena of human struggle is over the monetary control of societies. Its exercised through obscure theories where corrupt interests misdefined the nature of money to seize control, dominating society, deforming humanity. Their weapon has been manipulation of language and thought, where definitions serve as heavy artillery. Those benefiting from corruption see "professionals" financed to promote their viewpoint w econ "theories." American Monetary Institute Private Vs Public Control

dilbertgeg (September 20, 2008 at 7:06 am)

gigas10 too full of people who "live for free". they soak off welfare, which makes them lazy... ----- I assume you're talking about giving the tanned and offshore wealthy hundreds of billions after they squeezed tens of millions and walked away? Vid talks about Buffett and DERIVIATIVES. All caps and rules were slashed on Deriv casino by Phil Gramm's 262 page bill Enron wrote. Gramm threatened to fire the SEC for doing their job. This was ALL by design.