Merapi, Helena and USA. It is going to blow.

[Oversea Visitor]

Friends at DU, better you look carefully at future. The signs are all there for the BIGGEST ERUPTION of all. The US economic is a sham and the BIG KABOOM going to happen soon.

Better you convert paper assets into cash and fast. Worldwide people cashing out of market. Intervention into market by central banks wont help now. It is everyone for themself.

Going to get real nasty. Sad US dont have correction plan. Now world cant prevent big blow up no more.

[rzemanfl]

1. Thanks for the cheerful start to my Saturday. Sorry to say I think

you are right. Fake "home equity" has been holding up the U.S. economy for over four years now.

[Oversea Visitor]

6. Imagine a bunch of guys playing poker

one player is chimp
all know his hand rotten
but mad chimp keep on limit up
almost all other guys got enough of nonsense play and folded
Now damn big pile of chip on table
it is a face off
chimp goes limit up again
guy show his card 4 aces and one card
mad chimp show his card 665 and a 4
and chimp goes limit up again.

Aaaaargh what is going to happen :crazy:

[Freedom_from_Chains]

2. I have my investments in foreign companies

since they hold most of our dollars, so I think I'll stay put. Cash will devalue rapidly which is why many people are now moving to gold.

[Oversea Visitor]

3. Stocks bad idea

Stock markets likely panic.

[madokie]

4. Don't have much left to convert after disability and the bush* years

during Clintons tenure we done good, raised two teenage sons and still were able to save some. bushie* is trying his best to wipe that out though. I think what you are saying is so true, we're slowly being isolated as a country and as things get worst that will be more so. A big thank you to the repukes who have their heads in the sand so to speak, it is them who have us where we are today. But thank you Overseas Visitor for giving us some insight from abroad, from someone out, looking in.
:kick: & thumbsup:

[Oversea Visitor]

8. Read 6

and try understand what I am saying

[madokie]

9. I understand, and please keep your perspective coming our way

[sweetheart]

5. the drama of a wet fart

You should write for hollywood! :-)

It won't be that dramatic, the dollar collapse is a whimper
that does not sink home directly to the cost of a cappucino
at starbucks.

You're talking about a continent with 3 hundred million people
across it. As much as the dollar troubles affect the poor and
unprepared, life will go on... there is no big blow.

[Oversea Visitor]

7. haha

:rofl:
ENJOY

[LunaC]

10. "convert paper assets into cash "

I'm in the process of doing exactly that...I, too, sense an economic ill wind coming.

[madokie]

11. My question is what/who's cash US?

[Oversea Visitor]

13. Dont matter really

Since you in US
You need cash to buy stuff.
Stock if panic hit can drop like up to 50%
Just dont hold paper assets

Haha really want some tips me dont know Mexico suituation so well
But me think if you hold pesos (Mex) would be cool
After all can go holiday there too

Going to be total confusion on market. So cant tell really. If I am staying in US I go pesos :rofl:

[screembloodymurder]

12. Convert cash into gold.

Cash is nothing but paper w/o any underlying value. Get physical.

[Oversea Visitor]

14. Yup

big guys might pull plug. Been taking hit for US but chimp dont seem to want to learn.