PREPARE FOR POSSIBLE GLOBAL COLLAPSE
Listening to KD on local talk show on way home, I realized something...WE'RE ALL SCREWED!!!
The only wat GOV and FED have so far gotten away with denying repudiation of debt is by floating $TRILLIONS in new debt with HELP OF CHINESE. Otherwise with such HISTORIC debt needs and issuance you tell me how 10 yr bonds yield a paltry 3.3%?? and 13 wk .05% yes DOWN from .06% how much money rammed into 13 wk notes just recently to cause a 20% move? something wicked this way comes?
PLEASE READY YOURSELF.......THE BANKS are INSOLVENT. THE BANKS HAVE NOT RID themselves of the bad debt.......05% 13 wk that doesn't spell I N F L A T I O N.
This is repeat of 1929 and JAPAN...YES IT IS....Japan tried to hide their bad banks....their mkt is downward spiral lately and is barely 20% of what it was 20 PLUS years ago.....that's what deflation does.
HOW DO AMERICANS pay for anything IF.....we end up with RAMPANT INFLATION and NO JOBS? NO WAGE GROWTH?
YOUR, OUR GOV is LYING to us, and if they really understood problem....they sure don't understand the relief.
OMG, what a daggone gambit the FED has embarked on and my friends....THE IN CROWD MADE BAD LOANS.......they get bailed out....Americans took bad loans....they go BANKRUPT.
WHY did the Wall Street punks.....get moved to PENTHOUSE as we get shoved into OUTHOUSE???
The market advances is pure BS and for their benefit.....you will hold as it goes down, they will sell. THEY will get HUGE bonuses as we go broke...and they are playing with OUR MONEY.
WE have back stopped the whole enchillada.
There is a SALE ON PITCHFORKS AT AMES>..oh bankrupt, WALMART
D
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