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Scooter Chat 1/18/11 9:24pm


KCT
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SCOOTER: Ahhhhh

SCOOTER: Very Nice

SCOOTER: The Trifecta Is Finally Playing Out

SCOOTER: Ok

SCOOTER: So This Is A Theory That’s Being Played Out

SCOOTER: The Trifecta Equates To China — Us — Iraq

SCOOTER: Iraq Is An Asset

SCOOTER: Of The Us

SCOOTER: China Has Over 68 Billion In Oil Contracts With Iraq

SCOOTER: On Paper

SCOOTER: China Has Also Been Buying Up Us Debt At A Rate Of $55 To 60 Billion A Month

SCOOTER: For The Past 4 Years

SCOOTER: The Euro Didn’t Make Sensse, Particularly Since They Have Less Than .09% Growth

SCOOTER: With The Us Averaging 3.5 – 4.0% Growth

SCOOTER: The Usd Was The Only Safe Haven For Them

SCOOTER: Now

SCOOTER: This Is Where This Theory Gets Dicey

SCOOTER: Essentially, The Chinese Have Accumulated Over 2.3 To 2.5 Trillion In Usd’s

SCOOTER: They Essentially Have An Economic Weapon Against The Us

SCOOTER: It Would Hurt Them Badly If They Called The Note

SCOOTER: But It Would Definately Hurt Them Worse

SCOOTER: Now — Remember — This Is Just Theory

SCOOTER: But There’s Been Acts By All Parties That support This Theory

SCOOTER: Now — In Order For This To Work — The Chinese Need Some Oil Fields And The Leases Need To Be Longer Than What They Currently Have

SCOOTER: They’ve Suggested They Wanted 50 Year Leases

SCOOTER: Remember — Their Oil Consumption Is Skyrocketing

SCOOTER: So

SCOOTER: We See Pres Obama And China’s Premier Meeting In Washington — Who Knows What Will Happen With That

SCOOTER: But Think Of This

SCOOTER: China Doesn’t Want To Call The Note

SCOOTER: Washington Doesn’t Want The Note Called

SCOOTER: It Would Destroy Our Already Fragile Economy

SCOOTER: nevertheless, Iraq Is An Asset That Both Countries Can Negotiate And Relieve The Financial Stresses

SCOOTER: Also Remember

SCOOTER: Currency Doesn’t Have To Be In The Form Of Paper Money

SCOOTER: It Can Be Negotiated At The Bis With Any Form Of Commodity

SCOOTER: Oil Is The Commodity

SCOOTER: If This Scenario Is True —

SCOOTER: Which I’m Not Saying It Is

SCOOTER: I’ll Say That Again

SCOOTER: I’m Not Saying This Is True!!!!!!!!!!!

SCOOTER: Just Going Through The Theory

SCOOTER: China Could Be Holding The Keys To The Rv

SCOOTER: They Might Be Using This As A Negotiating Tool

SCOOTER: Also Remember

SCOOTER: The Us Congress Doesn’t Want To Get Into A Currency War With China Or The Other Bric Countries

SCOOTER: Brazil Is Threatning That Right Now

SCOOTER: Nevertheless — Going With This Theory

SCOOTER: China Could Be Asking For Longer Leases Or A Much Better Price On Oil

SCOOTER: So That Is An Interesting Scenario

SCOOTER: Any Other Questions

SCOOTER: And Thank You Guru For Sharing That

therealguru: yep

SCOOTER: The Arab League Summit In Baghdad Is Scheduled For Next Year

SCOOTER: There Is A Planning Meeting Going On Right Now However

wizesuccess: Scooter… is there any chance at all that an Rv can take place before Goi is complete?

SCOOTER: Wize — I Don’t Know My Friend — I Just Don’t Know —

SCOOTER: Here’s Why

SCOOTER: The Imf Plan Indicates They Get The Infrastructure Laid Out Without The Need For The Government

SCOOTER: However

SCOOTER: They Showed Their Cards

SCOOTER: And Pretty Much Demanded It Occur

SCOOTER: At This Point — I Think Only A Few People Know The Answer To That

therealguru: I agree Scoots

SCOOTER: You Might Be Right — My Mistake About The Summit

SCOOTER: Now

SCOOTER: If The Summit Were To Occur In March

SCOOTER: Late March

mikea: The China Leverage

SCOOTER: That’s A Great Time Right Before In February

SCOOTER: Of Course

SCOOTER: I’m In Marketing So I Just Think That Way

poorboy: scoooter im sure i seen something with china saying they wont revalue .Why they control market

SCOOTER: Poorboy — Simple

SCOOTER: They Want The Exports

poorboy: they Hold Us Hostage Because Of Trade Agreements And Currency Value

therealguru: China controls everything

SCOOTER: But They Have Been Intentionally Keeping The Currency Low To Increases Their Exports

Jkamin: there sucking the world dry like a pest

therealguru: look at what they did for the Euro

RV_PLEASE_: He has too were in Debt

mikea: They’re playing a Leverage game

poorboy: Exactly

SCOOTER: Yep — We’re In A Much Tougher Spot Than Many Realize

SCOOTER: And With The Advent Of The Internet

SCOOTER: Things Would Move Incredibly Fast

treyb: Scooter as always your ideas and thoughts make great sense my friend..thank you

tenmillion: Thank you scooter!

SCOOTER: My Suspicion Though Is That This Has Been Worked Out

SCOOTER: Must Depart And Thank You For The Time Tonight

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wel I can't see how china could hold up the rv do to the fact the Iraq people need it now just as much as we want it to happen, I can see china maybe using alot more oil than before but the US use the most oil by far. so with that said how could china be in any hold up for an rv it would hellp Iraq and the oil prices and if china has leases on oil land for oil than why hold up an rv when tyhey could stand to make money off of the higher oil pricess?

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DV_Team,

Hold on folks! This was a theory that was posed to me --- most of the context of this conversation wasn't posted. So I repeat, this is a THEORY, not FACT!!!

Thanks again for the post KCT!!! You Rock!!!

Best,

Scooter

Thanks for clearing that all up for us Scooter!! th_smiley_two_thumbs_up.giftip_hat.gif

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DV_Team,

Hold on folks! This was a theory that was posed to me --- most of the context of this conversation wasn't posted. So I repeat, this is a THEORY, not FACT!!!

Thanks again for the post KCT!!! You Rock!!!

Best,

Scooter

Very well said and thought out as usual Scooter! ...but I think I like your blue Hawaiian shirt better than mine :)

Now I have to go Hawaiian shirt shopping...in Iowa!!! Like where will I ever find one!!!! :(

Thanks for the post! :P

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DV_Team,

Hold on folks! This was a theory that was posed to me --- most of the context of this conversation wasn't posted. So I repeat, this is a THEORY, not FACT!!!

Thanks again for the post KCT!!! You Rock!!!

Best,

Scooter

Anytme Scooter!

Interesting theory!

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I like this one!!! If I take Scooter's theory. Iraq owes the U.S., the U.S. owes China, therefore Iraq owes China. Yes, that'sa very crude way of saying it and while not entirely accurate, there is some truth it it. I can see where China would want to negotiate with the U.S. over the lease of the oilfields considering that oil is practically the lifeblood of any industrialized nation. China deals with the U.S., the U.S. 'negotiates' with Iraq (gotta maintain that whole perception of sovereignty, right), then Iraq allows China to do what China wanted to do. I have yet to see where China's forgiving U.S. debt has been mentioned though. I don't see the U.S. doing this for nothing, even if China could call the debt. But I can see the US looking far into the future and playing a different game. IMHO, the sooner the world runs out of oil outside of the U.S., the sooner 'Big Oil's' endgame can commence. So, I could see the U.S. allowing China to play in Iraq at a lower rate just to get them in the door and get them hooked. China would be foolish to assume that merely because the U.S. takes on the apperance of a fractured government that our bussiness savy is suffering. We may have socialist tendencies but we are not stupid. Maybe...

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KCT

I really appreciate you getting that and posting it here. I LOVE to read Scooters stuff! Even if it is spitballin I LOVE it!! Thank you so much. wink.gif

You are so welcome!

What was so cool was I had been looking for more information on how China could be related to the RV, and next thing I knew, there was one of my favorite sources of information!

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Scooter I do enjoy your input, it always gives me food for thought. Even in theory, you put alot of common sense in it, which is one thing that a lot of people quit using. Thank you for your time and thank the family for allowing you to share their time with us. God Bless you and yours. Cricket chirp chirp chirp

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DV_Team,

Hold on folks! This was a theory that was posed to me --- most of the context of this conversation wasn't posted. So I repeat, this is a THEORY, not FACT!!!

Thanks again for the post KCT!!! You Rock!!!

Best,

Scooter

A nice way to cover yourself when you're wrong. Again... ;)

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