tag:blogger.com,1999:blog-11702093.post5849137306916736909..comments2024-03-28T22:56:40.743+08:00Comments on Tan Kin Lian's Blog: Haircut on Greek DebtTan Kin Lianhttp://www.blogger.com/profile/00617069056914635271noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-11702093.post-23575159700518446212011-10-24T11:15:09.524+08:002011-10-24T11:15:09.524+08:00Spend 1 hr watching this to educate yourself and y...Spend 1 hr watching this to educate yourself and you will understand why our monetary system is doom to eventually collapse like a deck of cards.<br /><br />http://www.youtube.com/watch?v=vowbrq_g5NM<br /><br />Fiat money is the root of all these problems.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-32228135771617211742011-10-24T01:08:20.481+08:002011-10-24T01:08:20.481+08:00Why dont the debt ridden countries learn from the ...Why dont the debt ridden countries learn from the U. S. of A and print money to pay their debts<br />And after repaying learn their lesson and dont repeat itTaeyeonhttp://girlsgeneration.smtown.com/noreply@blogger.comtag:blogger.com,1999:blog-11702093.post-72935295618061088532011-10-23T20:04:10.155+08:002011-10-23T20:04:10.155+08:00If they want the bank to cut botak, the banks will...If they want the bank to cut botak, the banks will resist and if they refuse and the government can not force them as force will trigger cds and everyone will be in deep shitAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-78359080214918268892011-10-23T13:13:12.123+08:002011-10-23T13:13:12.123+08:00until centre banks around The World have alternati...until centre banks around The World have alternative bonds to park their trade surplus<br /><br />hi this i not really understand can help me explain? thank you.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-26469416009477546352011-10-22T14:47:36.201+08:002011-10-22T14:47:36.201+08:00The reason Greece could rake up such a high debt i...The reason Greece could rake up such a high debt is because the previous administration hide some of the debts.<br /><br />The US is able to inflate their debt away by printing more US dollars in the near future. Nobody can do anything about it until centre banks around The World have alternative bonds to park their trade surplusAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-65540790148360635252011-10-22T11:21:48.097+08:002011-10-22T11:21:48.097+08:00What about the US? The US is already in stealth de...What about the US? The US is already in stealth default. The USD has been depreciating against major currencies due to printing of money. <br /><br />20 years ago, you used S$2 to buy US$1 of T bills. Now you only get back S$1.20 (60% of your capital) when the US$ T bill matures. <br /><br />Do you understand now why you cant withdraw in lump sum from your cpf when you reach 55?Anonymousnoreply@blogger.com