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  • Cheryl Nelson January 21, 2016 at 10:20pm

    I think the global accounts are part of the package and will stabilize the transition.

    Byron wilkins said:

    What does not make sense to me is how can the major oil producing nations which are now having severe financial problems suppose to to recover when the magic of the reset happens. The price of oil is very close to the price of the steel barrel it comes in. Does the IMF have a magic wand ? I just don't get it unless the global accounts get released.  

    Cheryl Nelson said:

    Me neither, not fully.  I get that each country's currency will be valued based upon their natural resource wealth, but beyond that, and who knows what the secret agreement is, it's vague.

    Byron wilkins said:

    neither do I

    Cheryl Nelson said:

    VT doesn't fully understand the reset.

  • Byron wilkins January 21, 2016 at 10:08pm

    What does not make sense to me is how can the major oil producing nations which are now having severe financial problems suppose to to recover when the magic of the reset happens. The price of oil is very close to the price of the steel barrel it comes in. Does the IMF have a magic wand ? I just don't get it unless the global accounts get released.  

    Cheryl Nelson said:

    Me neither, not fully.  I get that each country's currency will be valued based upon their natural resource wealth, but beyond that, and who knows what the secret agreement is, it's vague.

    Byron wilkins said:

    neither do I

    Cheryl Nelson said:

    VT doesn't fully understand the reset.

  • Cheryl Nelson January 21, 2016 at 9:09pm

    Me neither, not fully.  I get that each country's currency will be valued based upon their natural resource wealth, but beyond that, and who knows what the secret agreement is, it's vague.

    Byron wilkins said:

    neither do I

    Cheryl Nelson said:

    VT doesn't fully understand the reset.

  • Byron wilkins January 21, 2016 at 7:55pm

    neither do I

    Cheryl Nelson said:

    VT doesn't fully understand the reset.

  • Cheryl Nelson January 21, 2016 at 6:50pm

    VT doesn't fully understand the reset.

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