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  • madmilker70 madmilker70 Feb 12, 2013 9:55 AM Flag

    Facebook....like Gold and Retail...make NOTHING..!!

    Retail only moves a countries currency....

    1975 was the last year America had a trade surplus...

    America has a 6 to 1 trade deficit with China.....

    It takes currency to move Gold....

    Based on the CPI index....

    Gold should not be over $875 today...

    and when it comes to that FACE....

    in that BOOK...

    all the wealth is behind each "click"....

    NO CLICK....

    No face in that book...!!!

    Manufacturing has decline over 60% in America since 1962....

    a year before Kennedy was shot....

    President Johnson took the Government from "Off-Budget" to "On-Budget" in 1968....

    President Ford appointed George H.W. Bush to be Chief of the US Liaison Office in the People's Republic of China in 1975.....

    the last year America had a trade surplus...
    the year Sam Walton went to Seoul...
    the year Jimmy Hoffa disappeared....
    the year Social Security was pegged to inflation....

    Do you young Americans really understand why the Federal Reserve is having the US Treasury print $85 billion dollars each month....

    do you?

    ["Now let us look at Wal-Mart again; you buy a product there, 6% goes to the employees, 10-18%
    is profit to the company, 25% goes to other costs and 50% goes to re-stock or the cost of goods
    sold. Of the 50% about 20-25% goes to China, a guess, but you get the point. Now then, how
    long will it take at 433 Billion dollars at year for China to have all of our money, leaving no
    money flow for us to circulate? At a 17 Trillion dollar economy less than 40-years minus the 1/6
    they buy from us. Some say that if we keep putting money into our economy, it would take
    forever, but if we do not then eventually all the money flow will go. If China buys our debt then
    eventually they own us, no need to worry about a war, they are buying America, due in part to
    our own mismanaged trade, so whose fault is that? Not necessarily China, as they are doing
    what's in the best interests, and we should make sure that trade is not only free, but fair too."]

    it's been 37 years !!!

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    • So...you are arguing that the dollar will be worthless with the money printing, but gold should be $875.....when it's PRICED IN DOLLARS!!!!!!!!!!!! What is this amateur hour???

      • 1 Reply to chrisdiab68
      • Currency of a country is the fuel to make stuff...

        Once all the fuel(currency) is gone....

        Nothing is left but Government and Retail...

        America's debt was $71 million in 1790....
        and over $16 trillion today...
        which means Government has only done one thing in the past 232 years...
        MAKE MORE AND MORE DEBT...

        Retail makes NOTHING....

        So, one can have all the gold in the world but if they can't barter it for even an ounce of food....
        they will leave this Earth....

        the wealth is in producing....
        and the fuel to produce is a countries currency....

        even the State of Yap realized their citizens couldn't walk around with large rocks in their pockets....

        1950 a foreigner would of had given their left nut for a US Dollar or a Hershey's Chocolate bar....
        and today most all those dollars are held by foreigners and Hershey moved their plant to Mexico......
        and all those foreigners are squeezing both nuts of Uncle Sam and We the People...

        Do you think Wal*Mart putting less than 5% foreign in all their stores in China is getting the nice people of China to purchase more Made In America in order to get some of those US Dollars back from China.....

        Most young Americans are one sandwich short of a picnic when it comes to understanding what made America great....

        When America had a manufacturing base America didn't have 47 million Americans on food stamps nor did it have 20 million Americans unemployed...

        It was Retail that changed all that....

        Corporatism killed Capitalism in 1975....and America has been going downhill every since....

        sad...!!!

 
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