12 Oct 2008

Motecuzoma's Revenge

This global economic turmoil is a result of three zeros.

There is a gap between the proofs of mathematics and the realities of a global economic system.
The Nation of Mexico worked within this gap in 1993 by removing three zeros from it's currency. It created a new peso, worth 1,000 of the original one.

Now, 15 years later... the digital financial market of the entire globe is revealed
to be trading (in only one specific economic market)
500 trillion dollars.

The current estimate of the value of all goods and services currently and actually existing right now on Earth is about 60 trillion dollars.

This means (mathematically) that 15 years after Mexico publicly removed three zeros from its physical currency,

the U.S.A. (and as a result, the global financial markets) are exposed for adding three zeros... to legal financial contracts
regarding not physical currency, but rather the obligation to pay in the future...
more often than not by digital transfer of numbers in bank accounts
still not affecting the physical currency.

It remains to be seen what will affect the American Dollar,

which has pretty much always added one zero to the new peso.


~~~


http://en.wikipedia.org/wiki/Peso

The Spanish dollar or Mexican peso was widely used in the early United States. By a decree of July 6, 1785, the value of the United States dollar was set to approximately match the Spanish dollar, both of which were based on the weight of silver in the coins.[1] The first U.S. dollar coins were not issued until April 2, 1792, and the peso continued to be officially recognized and used, along with other foreign coins, until February 21, 1857. In Canada, it remained legal tender, along with other foreign silver coins, until 1854 and continued to circulate beyond that date. [1] The Mexican peso also served as the model for the Straits dollar, the Hong Kong dollar, the Japanese yen and the Chinese yuan. [2] The term yuan refers to the round Spanish dollars, Mexican pesos and other 8 reales silver coins which saw use in China during the 19th century.

...On 1 January 1993, the Bank of Mexico introduced a new currency, the nuevo peso ("new peso", or MXN), written "N$" followed by the numerical amount. One new peso, or N$1.00, was equal to 1000 of the obsolete MXP pesos.


~~~~

http://newsgroups.derkeiler.com/Archive/Sci/sci.research.careers/2008-01/msg00604.html

As the derivatives business has grown more complex, it has also
ballooned in scale. Broadly speaking, Das - author of a leading
textbook on derivatives and complex securities - estimates that
investors worldwide hold more than $500 trillion worth of
derivatives.

This number now dwarfs the global GDP, which tops out around $60
trillion.


Beautiful Babylon Babies Unite !!!

This Blog existed after Bush II "the lesser" stole 2 elections, before Google ate Blogger,

This Blog existed after Bush II "the lesser" stole 2 elections, before Google ate Blogger,
Love Trumps hate.

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Poetic HyperLinks Defeating the Impossibilities of Peace

Also sprach Zarathustra to the brothasistahs lost out in the woods…
Rolling stones and hurricanes prime us for the rapid eye movement of whose dream?
A stairway to the dark side of the moon reveals an orchestrated King
singing the blues while sexual pistols whip Jesus’ son.
Who’s influence weens us?
Me and my friends gratefully raged against the machine for three days
in the shadow of the valley of the dead
so big brother and company held us down while the wind cried
nothing to be gained here (except copied rights),
Then a questing tribe of beastly boys found a digable plant
where a buffalo soldier picked up a Gideon’s bible from the Godfather
in joe’s garage (or was it in one of 200 motels?)
Anyway, on a Holiday, the pinball wizard boy (Billie)
followed his heart and stopped pretending he was the king of the little plastic castles
while education, missed in the house of the naked apes, evolved and mutated
into and with ~ Nature Art Love Truth ~ and we do too…
And somewhere over the rainbow dancing fools send clowns and purple rain
into imagine nations where everything is now sacred
and there are no more public enemies or rusted Roots or minor threats
or bad brains or busted rhymes or widespread panic
and everyone can read the hieroglyphics on the wall
and we are all refugees of courtney’s love attaining nirvana….
But then again, you’re so vain, you probly think this poem’s about you-
we are everywhere and we cannot be beaten
it’s all over now baby blue, all we need is Love
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