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Deflation
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<blockquote data-quote="OUMick" data-source="post: 1814080" data-attributes="member: 57249"><p>We are basically importing deflation. There are some rumors that China is basically starting a currency war with other Asian countries. With them devaluing their currency, the other countries will have to follow suit or be squeezed out of production. China has cashed in over 100B (with a B) in treasuries over the last couple of weeks. They did prop up their currency a bit but not much. Many believe they will continue to devalue their currency.</p><p></p><p>I'm not a tin-foil hat wearing person but there has been a lot of clamor about October over the last year or so. There are some very powerful people that eventually get what they want after they buy off the politicians. I would start loading up on ammo and food. (not crazy like the prepper shows) I would also buy some silver.</p><p></p><p>Google Ferfal and do a little reading from his blog. A lot of the things they went through seem to mirror where the US is now. He has some great insight on what he wished he had done.</p></blockquote><p></p>
[QUOTE="OUMick, post: 1814080, member: 57249"] We are basically importing deflation. There are some rumors that China is basically starting a currency war with other Asian countries. With them devaluing their currency, the other countries will have to follow suit or be squeezed out of production. China has cashed in over 100B (with a B) in treasuries over the last couple of weeks. They did prop up their currency a bit but not much. Many believe they will continue to devalue their currency. I'm not a tin-foil hat wearing person but there has been a lot of clamor about October over the last year or so. There are some very powerful people that eventually get what they want after they buy off the politicians. I would start loading up on ammo and food. (not crazy like the prepper shows) I would also buy some silver. Google Ferfal and do a little reading from his blog. A lot of the things they went through seem to mirror where the US is now. He has some great insight on what he wished he had done. [/QUOTE]
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