UCAN

"Question: Can you explain – in simple “layman’s” terms – the effect of Japan’s low interest “carry trade” on the U.S. stock market? Is this practice inflating the value of securities in foreign markets? What are the risks? How is it affecting the euro?"

"Answer: E.M.S.: Europe lends money for more than 5% interest. So does the USA now although the financiers are getting worried about this and are egging on the Fed to lower rates back down to 1%. This is pure insanity. Japan has near zero inflation because they have decided to utterly destroy the purchasing power of the people in Japan who are living worse and worse off if they are below the top 20%. Many are now homeless. It is pathetic.

The world's #2 economic power that holds the world's #2 FOREX reserves can't give pay raises to anyone earning below $10 an hour because this will 'cause inflation' and so they get to live on the street and starve. Great. Anyone can eliminate inflation by enslaving the workers. Then they get cut out of the profits entirely and can't buy things and thus, can't cause inflation!

This is the plan being readied for us! We get to live in shanties while the rich live in palaces. And we won't buy anything while they have a zillion servants earning practically nothing. Sort of like England, circa 1914.

Bush and his gangsters hosted the Queen of England who loves him because he is making her very rich via Carlyle. And the royals of England didn't care if they starved their subjects who lived like savages under the rule of the royals. We are sliding backwards, not moving forwards here."

Source: http://www.lifeaftertheoilcrash.net/Archives2007/SupkisDepression.html