Iranian leader dismisses US currency,calling the currency "a worthless piece of paper

Originally posted by Herman

Originally posted by manson_322
he does not live in USA , so what should he be penalized for ,
thank God, that is still freedom in other places of the world from genocidal american imperialism

First, study some sentence structure and realize what I actually said, then maybe you can come up with a decent response. You should also quit with the outrageous exaggerations. People don't respect what you say as much when you just start throwing out terms for emotional impact.

Second, you put my name in TeslaandLyne's quote box. You might want to fix that.

no exagerrations firstly ....
here is a link of american state terrorism in past 2 centuries :
www.intellnet.org...

Altogether, the terrorist U.S. government and military have directly slaughtered literally millions of civilian people in the Philippines, Vietnam, Laos, Cambodia, Cuba, Haiti, Dominican Republic, Nicaragua, Russia (the civil war, 1918-1920), Japan, France, Germany, Korea, Thailand, Indonesia, Panama, Grenada, Libya, Lebanon, Iraq, Sudan, Afghanistan, Somalia, Bosnia and Yugoslavia.

In addition, the terrorist U.S. military and CIA have trained, armed, funded, provided intelligence and direct military support for fascist puppet-regimes and right-wing death-squads around the world.

America's servant-states have carried out appallingly vicious campaigns of state terrorism. With the direct support of the U.S. government they have committed the torture and genocide of additional millions of helpless, civilian people in Guatemala, Nicaragua, El Salvador, Honduras, Haiti, Mexico, Cuba, Colombia, Ecuador, Peru, Bolivia, Chile, Argentina, Paraguay, Uruguay, Brazil, China, the Philippines, East Timor, Indonesia, the Congo, Angola, Zaire, Mozambique, Palestine, Israel, Turkey, Greece, Cyprus, Iraq, Pakistan and Iran.
www.intellnet.org...

Originally posted by manson_322

Originally posted by Herman

Originally posted by ignaciobeltran


I, personally would love to smear Bush's smirk with something cleaner and better smelling than his blatant lying!

Thank God I am not in America, and I can speak my mind, since we, here, don't have the 'right kind of democracy' like in the US.

You do realize that you could say exactly what you just said in the U.S without getting penalized, right? Do you know anything about our country?

he does not live in USA , so what should he be penalized for ,
thank God, that is still freedom in other places of the world from genocidal american imperialism

I love this..

You, stoutly anti-American for sure.. but to call all American's "genocidal" and imperialistic ..

And you have a nice little picture of Joseph Stalin on your avy.

Aside from these ramblings, the reason for the Chinese statement was not to jerk the American financials, but instead simply financial advise.. we tell people to buy Yuan, Euro and so forth, put money in gold investments, sell, buy.. you apparently know little of the economic situation in the world right now, otherwise you would not come to such ignorant remarks.

China is not dumping the dollar to get back at America for invading a useless nation.

Its dumping the dollar because everyone else is.

Originally posted by Rockpuck

I love this..

You, stoutly anti-American for sure.. but to call all American's "genocidal" and imperialistic ..

And you have a nice little picture of Joseph Stalin on your avy.

Aside from these ramblings, the reason for the Chinese statement was not to jerk the American financials, but instead simply financial advise.. we tell people to buy Yuan, Euro and so forth, put money in gold investments, sell, buy.. you apparently know little of the economic situation in the world right now, otherwise you would not come to such ignorant remarks.

China is not dumping the dollar to get back at America for invading a useless nation.

Its dumping the dollar because everyone else is.

China is not dumping the dollar to get back at America for invading a useless nation.

no, if you would check the political events in past 6 months you will realise the pattern ....
like USA is trying to turn india and australia into its ally to contain China ,recently there were indo-US exercises ....
and month later , china gave the signal that it believes that dollar will lose its status as major currency

Almost simultaneously, the Chinese central bank predicted that the dollar is likely to lose its status as the world's leading currency.
www.spiegel.de...

you apparently know little of the economic situation in the world right now, otherwise you would not come to such ignorant remarks.

it seems you americans are unaware , your external debt is 10 trillion$+ and public debt is 9 trillion , and it was china , till now ,because of which world was optimistic till now a , (China is the country the US can least do without. Without its willingness to buy an almost unlimited supply of US treasury bonds, there would be no American spending miracle. Without a spending miracle there would be no economic growth. In other words, without China the US superpower would lose a significant share of its economic clout.)
ever since the chinese central bank predicted this(which in my opinion was deliberate to send america the message , that it wil crush american economy if USA steps out of line)

Almost simultaneously, the Chinese central bank predicted that the dollar is likely to lose its status as the world's leading currency.
www.spiegel.de...

analysts in other nations observed this, started to talk and make rhetoric about reducing dollar holdings before China does it firstly....and then then come Iran and venzula rantin against dollar



[edit on 21-11-2007 by manson_322]

reply to post by manson_322

no, if you would check the political events in past 6 months you will realise the pattern ....

Nice source.



If there was any reason at all China would deliberately drop the dollar for revenge, it would be because of an almost silent trade war being waged, as China refuses to increase the value of its currency, and the massive trade deficate between our two nations has caused the United States to crack down on imported Chinese goods. People seem to think that once China pulls out completely, which it cannot, America will suddenly go bankrupt. I don't know how that makes sense.. we will no longer have cheap plastic s# imported from that communist state to waste our money on, we will move manufacturing to Mexico, South America, India, there are plenty of nations that would love to have factories that are currently in China.

it seems you americans are unaware , your external debt is 10 trillion$+ and public debt is 9 trillion , and it was china , till now ,because of which world was optimistic till now a ,

I don't think you understand what "debt is" .. if we paid off our debt, which we could if we wanted to, the only difference it would make is a massive over deflation of the dollar.. meaning it would be far to expensive to export any American goods to other nations, in turn, would destroy the economy. "Debt" .. in this context, does not mean the United States owes this person and that person and this country such and such money. Far more complicated. When we reach the limit to which we can "borrow" from the federal banks, we increase the ceiling and print more money. Inflation, as you see now, is the outcome. The larger the amounts we print off the higher inflation will go.

analysts in other nations observed this, started to talk and make rhetoric about reducing dollar holdings before China does it firstly....and then then come Iran and venzula rantin against dollar

Iran and Venezuela are against the dollars because their meager nations need attention. Whether or not they think they are actually doing something, I have no idea.. see, the last oil producer to make this switch was Saddam, who was then handed by American forces to his long time rival and hung in a parking garage.



China switching to the Euro will only cause the Euro in become so over valued you cannot export, no one can travel there either when the Euro and the Pound are so high. You already have lost significant American tourism because of the sinking dollar and rising Euro.

But you Europeans can come blow 20k dollars at Disney world. Who looses?

I'm supposed to trust a website with a burning American flag on its front page? You're too much, Mason. No point in arguing with someone whose opinions are so obviously motivated by antipathy.

Keep it up, I need a good laugh every now and then.

Thought I'd throw something into the mix. (Posted originally in it's own thread but didn't pick up any replies )

www.jsmineset.com...,1&AR_T=1&GID=&linkid=5456&T_ARID=5511

Global Financial Destruction: Securitized Corporate Debt To Add More Fuel To The Financial System Fire

The size of the mountain of over the counter derivatives is above $450 trillion dollars. The size of the world economy is slightly above $145 trillion.

What do you think the risk factor is on $450 trillion worth of garbage paper, from CDOs, CBOs and now CLOs? Is it $2 trillion like the London Financial Times said yesterday, is it $20 trillion or maybe even $200 trillion?

The thermometer of this meltdown is the dollar...

I'm posting this with an embellished title because it appears from reading the financial and other posts here on ATS, that very few really have any idea about the scale of the financial problems the world is currently facing.

Sure, a dollar meltdown may well benefit certain factions by wiping a big portion of US debt off the map, and enable US exporters to compete better on the world stage, but what effect will this have on the average joe? (genuine question). Historically, rapidly devaluing currencies tend to hit the gen pop quite hard, do they not?

Most seem to believe the current financial woes are mainly a US sub-prime issue, and that it is now old news. However, it would seem that the scale is global, and at a level few can even imagine.

I wonder if there is ANY way out of this mess without some major global financial meltdown.

reply to post by RogerT


Great post Roger.

but what effect will this have on the average joe? (genuine question).

Increasing inflation .. if it continues into a recession which the Fed has just today admitted that we are "on the brink".. the average joe will see manufacturing actually decline, be it domestic purchase, exporting or importing. While selling exports will be great, it won't keep up when corporations cut tens of thousands, hundreds of thousands of jobs through out the sectors to save capital. Loss of spendable money will mean less purchasing power, and if the banks hurt enough a call back on loans, especially margin loans on the market, as they are often the first ones recalled.

Thats the way I see it, and that the way it has happened in the past. Of course there are strong barriers to prevent the economy from ever collapsing like it did in the 20's, but some say our economic issues of the late 90's, 80's, 70's where all no where near as bad as they should have been, consolidating into the next big crash.

However, surviving 9/11, loosing an entire metropolis, New Orleans, rising oil, economic scandals, we have fared rather well economically.

Then you have to think about the rich folks. They don't hold vast reserves of gold. They hold stocks, bonds, cash in savings.. if the dollar depreciates they feel the same financial loss as the average joe. When the markets crashed in 1920's the first ones to commit suicide where traders and wealthy men who lost everything in a day.

I doubt it will ever get that bad. I doubt we will see any change on the world markets aside from the market will go down for a year or two and go back up, as the cycle usually does. It probably won't even be as bad as the late 90's crash.

Most seem to believe the current financial woes are mainly a US sub-prime issue, and that it is now old news. However, it would seem that the scale is global, and at a level few can even imagine.

Aigh, the entire economic situation looks bleak to me, not just sub-prime loans, the dollar has dropped almost 25% since 2001 and I honestly doubt sub prime loaning caused it.

Originally posted by TeslaandLyne

Once we take over IRAN, we got a whole bunch of gold backed Euros.

Point of fact, the Euro is not backed by gold. It is a fiat currency just like the dollar.

i predict that america will fall, and theres not many strings left for bush to pull to keep currecy status.... its just a matter of time befor the euro takes over

reply to post by Rockpuck

If there was any reason at all China would deliberately drop the dollar for revenge, it would be because of an almost silent trade war being waged, as China refuses to increase the value of its currency, and the massive trade deficate between our two nations has caused the United States to crack down on imported Chinese goods.

less to do with trade wars , rather more to do with geo-politcs
China already bent over its Back to keep good realtions with regards to what you say , particularly when they had promised to appreciate the yuan's value firstly
then the crack down on chinese goods , lead to a tit fot tat crackdown later by china on american goods ....
but , since the indo-US-australia exercises implicitly directed towards China , the chinese have sent financial option message to USA ....

People seem to think that once China pulls out completely, which it cannot, America will suddenly go bankrupt.

it can , and it has hinted it ...

I don't know how that makes sense.. we will no longer have cheap plastic s# imported from that communist state to waste our money on, we will move manufacturing to Mexico, South America, India, there are plenty of nations that would love to have factories that are currently in China.

India does not have even the necessary infrastruture for transporation and logisitcs , which will overall increase the costs , that is why most companies want to stick to China ...
India is preferred option in service sector this as an indian myself am telling you....

I don't think you understand what "debt is" .. if we paid off our debt, which we could if we wanted to, the only difference it would make is a massive over deflation of the dollar.. meaning it would be far to expensive to export any American goods to other nations, in turn, would destroy the economy. "Debt" .. in this context, does not mean the United States owes this person and that person and this country such and such money. Far more complicated. When we reach the limit to which we can "borrow" from the federal banks, we increase the ceiling and print more money. Inflation, as you see now, is the outcome. The larger the amounts we print off the higher inflation will go.

the concept you state is correct , though the way you define it is incorrect
your definition:

"Debt" .. in this context, does not mean the United States owes this person and that person and this country such and such money.

is incorrect:
External debt (or foreign debt) is that part of the total debt in a country that is owed to creditors outside the country. The debtors can be the government, corporations or private households. The debt includes money owed to private commercial banks, other governments, or international financial institutions such as the IMF and World Bank.
en.wikipedia.org...
The United States public debt, commonly called the national debt, gross federal debt or U.S. government debt, is the amount of money owed by the United States federal government to creditors who hold U.S. Debt Instruments.
en.wikipedia.org...

I don't think you understand what "debt is" .. if we paid off our debt, which we could if we wanted to, the only difference it would make is a massive over deflation of the dollar.. meaning it would be far to expensive to export any American goods to other nations, in turn, would destroy the economy.

the result would be the same as USSR in 1991

if we paid off our debt, which we could if we wanted to, the only difference it would make is a massive over deflation of the dollar..

yes, but in turn , this would trigger hyperinflation in american economy reducing USA to a third world nation and could in worst case lead to inflation like that of zimbabwe(1000% inflation) and make the american economy even collapse
printing currency without any budget surplus and trade surplus will have such effects and leads to loss of investor confidence in the currency

Iran and Venezuela are against the dollars because their meager nations need attention. Whether or not they think they are actually doing something, I have no idea.. see, the last oil producer to make this switch was Saddam, who was then handed by American forces to his long time rival and hung in a parking garage.

see, the last oil producer to make this switch was Saddam,

incorrect , recently Iran made the shift
Russia made the shift long before and other OPEC nations may be planning the same , Iran too has made the shift and only accepts euros for for oil ..

China switching to the Euro will only cause the Euro in become so over valued you cannot export, no one can travel there either when the Euro and the Pound are so high. You already have lost significant American tourism because of the sinking dollar and rising Euro.

bascially , China is sending a message again and again , of what it is capable of , and China holds 1.4 trillion$ of US currency in its reserves and with other nations losing confidence in your currency, they are looking towards China as china is the artifical life support which is critical for the US economy , without that life support your currency will lose its status as a major currency

You already have lost significant American tourism because of the sinking dollar and rising Euro.

not european , I am an Indian

reply to post by Herman


fact is that most americans are arrogant , and use propanganda to hide their war crimes against humanity
have you ever seen journalist John Pilger 's documentary "War on democracy , do see it and , you wil realise how USA has murdered millions in latin America and across the world
the entire documentary
www.youtube.com...
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www.youtube.com...

and heres a link about CIA sponsored terror:
www.youtube.com...

Originally posted by manson_322
and China holds 1.4 trillion$ of US currency in its reserves

Nit picking here, but I think that's not quite accurate. Isn't it that China has 1.4 trillion of foreign exchange, of which no-one really knows the mix, but it's BELIEVED to be around 2/3 USD?

Whatever, it's a lot of cash

Originally posted by manson_322
have you ever seen journalist John Pilger 's documentary "War on democracy , do see it and , you wil realise how USA has murdered millions in latin America and across the world

Yes, that was quite an eye opener. Also available as a complete bittorrent d/l, try piratebay.org

I particularly enjoyed his interview with Chavez.

The docu is pro Chavez, so a lot of the yanks here on ATS definitely won't like it

reply to post by manson_322


You are posting off topic. I take offense sir. I have thrown down the gauntlet, pistols or sabres?
Start a new thread for your America bashing propaganda and I will meet you there to sock it out.

reply to post by manson_322


The Illuminati World Government, or some group as suggested in this movie,
that gets rich off us peons.
As the bankers of both side of the battle of waterloo, you gotta win some how.
There is a similar stock windfall on 9/11/2001 (= JFK X 3000).


Listen to Ben Laden, he said "Death To America", is that friendly?
Ben is not with the friendly side of the family.
Or else the Illuminati would have shot all the Ladens as they did the
Russian Czar Families.


Wait till IRAN is full of Euros and America, the greatest mind controlled
state, will pick them up for Europe and give them back.
Sort of like we do to American Indians, rip them off.


Don't forget Americans and their greatest inventor, Tesla, are still
being ripped off by the Illuminati World Government that stole the
energy devises and UFO design of Tesla.

Baby steps on this axe grinding might one day chop down a tree
of knowledge so people can see it.

ED: Remember what Stalin said: Hitler escaped. Would he lie?


[edit on 11/22/2007 by TeslaandLyne]

reply to post by manson_322


Nixon was an IllumiNazi stooge.
Backed by Prescott Bush.

And after JFK tried to rid the government of the IlluniNaztis, he
was killed. 911 was JFK times 3000 from the same bunch.

Nam money for the MIC, fight for freedom when the North South
split is an Illuminati tactic to sucker people in to a fight.

We will soon have all of IRAN's Euros.
We will get $1 a gallon for gas, just watch.
The Illuminati will be so happy.

Originally posted by TeslaandLyne
reply to post by manson_322

 

The Illuminati World Government, or some group as suggested in this movie,
that gets rich off us peons.
As the bankers of both side of the battle of waterloo, you gotta win some how.
There is a similar stock windfall on 9/11/2001 (= JFK X 3000).


Listen to Ben Laden, he said "Death To America", is that friendly?
Ben is not with the friendly side of the family.
Or else the Illuminati would have shot all the Ladens as they did the
Russian Czar Families.


Wait till IRAN is full of Euros and America, the greatest mind controlled
state, will pick them up for Europe and give them back.
Sort of like we do to American Indians, rip them off.


Don't forget Americans and their greatest inventor, Tesla, are still
being ripped off by the Illuminati World Government that stole the
energy devises and UFO design of Tesla.

Baby steps on this axe grinding might one day chop down a tree
of knowledge so people can see it.

ED: Remember what Stalin said: Hitler escaped. Would he lie?


[edit on 11/22/2007 by TeslaandLyne]

Listen to Ben Laden, he said "Death To America", is that friendly?
Ben is not with the friendly side of the family.
Or else the Illuminati would have shot all the Ladens as they did the
Russian Czar Families.

what is the point of your statement , whehter Bijn laden is against or part of illuminati ????????

reply to post by manson_322


Ben Laden is rich and more of a pawn than any one.
The richer they are, the more under control.
The NWO is a player on both sides.

That seems to be a Conspiracy Theory.
Where would you place him?

IRAN wants Euros, America takes over the Euros after shock and awe
comes down on them. Watch. What else could happen in this topic?

See, we can play big time games just by CT application.

reply to post by wsamplet


Where is America in the NWO?

Bush and other illustrious leaders keep talking about it.

Should America take over the NWO?

Originally posted by Inf0rm3r
i predict that america will fall, and theres not many strings left for bush to pull to keep currecy status.... its just a matter of time befor the euro takes over

Was that the reason for invading Iraq? Seems to me SH was about to announce a switch to Eurodollars as prime trading currency.

But yes, I agree with what your saying.. I feel the US Dollar will rise no more NAFTA, Retail dealings with China, and mid-east aggressions and Bush's first speech to the UN crushed a lot of day earlier world support for the US after the 911 crisis.

Dallas