Possible US crash implications for DR

[bienamor]

Originally Posted by Afgan

You do not read newspapers? It is discussed all over the World. In all possible languages that you might speak. Leaders of a former military superpower cut their nuclear arsenals without even asking for any cuts in return.

Giving away Far East islands to China.

Playing deaf and blind to Japanese legislative move to reclame the Kurils.

15 years. Black spot was sent to Pu and Me to give them time to pack suitcases and to run to a Caribbean Island.

Weak economy pushing Russia to arms deal: Biden | Reuters

Still looking for links (Joe says?)


Obama, Medvedev agree to reduce nuclear stockpiles "This was as of June" looks bilateral to me.

Kurils nothing shows on internet, This is still disputed with Russia, Japan can do nothing without an agreement with Russia, Then then can sign a peace treaty from the end to WWII to Present. Their legislators can posture all they want but still is under Russian Control.
Kuril Islands dispute

and Pu and Me ? no idea what your talking about

[rockero]

They want this to happen for they can bring in THE North American Union And the Amero. Not sure what month or date this will happen but lot of indicators poiting that it can happen this year with the swine flu coming Obama can call Martial Law and out Patriots Gun Owners and people against the New World Oder and Vaccination in camps then they can also get a bank holiday for a few days and announce The Amero too.
This is Scary but the truth. Gerald Celente international forecaster thinks 2012 will be the year it all happens. I say we see with this upcoming swine flu thing and how far the dollar goes in the next few months. Gosh this will get bad. Start praying now Folks, Rockero..

[kingofdice]

Nice piece of commentary from Manzana. Yes, the last deflationery spiral was called the Great Depression.

The Dominican economy is certainly tied to the U.S., however, I believe that the balance of the D.R.'s treasury reserves, now has swayed to the devastating effect of political corruption, whereas, no matter how the world economy behaves, the party in power, whether the PLD or PRD, has only one goal: to enrich themselves through commissions and graft from continued lack of transparency as to what is being spent by whom and to whom is receiving.

No matter how much any incumbent Dominican president wants to move the country forward, it's not going to happen without severe punitive action against corruption. For the deputies and senators in office, the political enrichment will continue through their ability to stifle transparency, siphon funds from their bloated expense accounts. Meanwhile, they will lament that the country's treasury is broke and that they have to approve more foreign loans, or raise taxes on the Dominican people to keep the country solvent.

All this, while the country has little or no social services with dismal spending on education.

With the bigger factors of corruption, the electricity subsidy draining the national treasury to a dry river bed, .. that U.S. Economy actually does not play into an overwhelming factor as to how the Dominican economy will go forward.

In fact, I believe that even with the U.S. economy in great shape, the D.R. will continue to spend itself in poverty with bloated government payrolls, an endemic trait of Latin American countries, in which clientelism is rampant.

[julio Pepe]

Originally Posted by kingofdice

Nice piece of commentary from Manzana. Yes, the last deflationery spiral was called the Great Depression.

The Dominican economy is certainly tied to the U.S., however, I believe that the balance of the D.R.'s treasury reserves, now has swayed to the devastating effect of political corruption, whereas, no matter how the world economy behaves, the party in power, whether the PLD or PRD, has only one goal: to enrich themselves through commissions and graft from continued lack of transparency as to what is being spent by whom and to whom is receiving.

No matter how much any incumbent Dominican president wants to move the country forward, it's not going to happen without severe punitive action against corruption. For the deputies and senators in office, the political enrichment will continue through their ability to stifle transparency, siphon funds from their bloated expense accounts. Meanwhile, they will lament that the country's treasury is broke and that they have to approve more foreign loans, or raise taxes on the Dominican people to keep the country solvent.

All this, while the country has little or no social services with dismal spending on education.

With the bigger factors of corruption, the electricity subsidy draining the national treasury to a dry river bed, .. that U.S. Economy actually does not play into an overwhelming factor as to how the Dominican economy will go forward.

In fact, I believe that even with the U.S. economy in great shape, the D.R. will continue to spend itself in poverty with bloated government payrolls, an endemic trait of Latin American countries, in which clientelism is rampant.

Examples must be made of politicos who rob with no chance of getting caught,
get thrown in jail for life and everything that you and your family owns gets taken away and giving to the people that you are suppose to represent.

[samanasuenos]

Originally Posted by rockero

They want this to happen for they can bring in THE North American Union And the Amero. Not sure what month or date this will happen but lot of indicators poiting that it can happen this year with the swine flu coming Obama can call Martial Law and out Patriots Gun Owners and people against the New World Oder and Vaccination in camps then they can also get a bank holiday for a few days and announce The Amero too.
This is Scary but the truth. Gerald Celente international forecaster thinks 2012 will be the year it all happens. I say we see with this upcoming swine flu thing and how far the dollar goes in the next few months. Gosh this will get bad. Start praying now Folks, Rockero..

WOW! That's a lot of connecting. Let me get this straight: new currency, swine flu, martial law, gun owners, camps, bank holiday...is that right? And who is Gerald Celente?

[windeguy]

That is quite the "perfect storm". Is Gerald Celente a Mayan? The world is supposed to end in 2012 according to some crackpots who feel that way since it is the last year of the Mayan calendar.

Gerald Celente - Wikipedia, the free encyclopedia