Welcome to our First Members

[Adam Smith]

Dear Members,

I want first to thank you for joining the Discussion - Support Group 1776 - Annuit Cœptis

This group has several objects.

• Update you on the current economic conditions.
• Update you on our strategy
• Answer any question you may have.
• Support our Members in time of Great Economic Depression when psychological strains are acute.

Economic Conditions:

The situation is much worse than people generally things. They still believe that we can fix the system. It would require things that the vested interest won't let happen.

According to our estimates short term rates and 30 years rates are already at the level of the yield curve of the Liquidity Trap.

For some reasons however the 10 years yield is much higher and unless proved wrong it is  more than 1% above the yield curve of the Liquidity Trap.

Attention: there is no mathematical way to compute exactly the yield of the Liquidity Trap. Those are our empirical estimation by observation of the market.

This is a graph that compares our yield curve of the Liquidity Trap with the actual yield curve:

Actual Yield Curve vs Yield Curve of the Liquidity Trap

What is also interesting is the behaviour of the 30 years Treasury Bond on Thursday and Friday.

Yield of the 30 Years US Treasury Bond 18/22 11 2008

What is really interestinng is that, according to our work the yield of the 30 years bond should not go under the yield of the Liquidity Trap. However the yield did fall down to 3.5% and eve 3.4% after market.

But as you see the effect of Arbitrage, after a few hours, has been dramatic on that yield and the behaviour on Friday is very coherent with our estimation of the Yield Curve of the Liquidity Trap.

The shape of the yield curve is also coherent with our expectation that the yield curve of the Liquidity Trap is reached first on the long-term bonds and then propagates to shorter maturities. Expect a sharp drop in the coming days of the yield of the 10 years note.


Our Strategy:

The result of our mailing has been below our expectation. Bot in term of visits to our site, membership of the group or registration of shares.

It is very surprising as participation is free and expected rewards high.

We believe that people still think that the present turmoil is temporary. They are in a state of strong denial.

We expect that the adoption of 1776 - Annuit Cœptis will be as chaotic as the crash that will take place.

We have hence decided to stop our outreach effort and to start a mailing when the Crash will have taken place which is a matter of weeks rather than months.


Questions:

We stay ready to answer as completely as we can to any question relating to economy, finance or our project.



Update on the Project:

The options have now an infinite time for exercise, however the rate at will we will buy assets will be 1 DSK for €1 and will go up 1% every 8 days continuously compounded from the time we jump start our economy. This way people have a clear interest to exercise sooner rather than later.

We will jump start our economy when the market has crashed and we reach 100,000,000 registered shareholders.


Have a Great Day,


Yours, Sincerely,

Adam Smith