Thursday, December 24, 2009

'871 Billion' Reasons to Buy Gold: Strategists


Britain Joins Italy in Debt House


2010: The year of bankrupt governments


Treasury removes cap for Fannie and Freddie


Jim Sinclair’s Commentary
You think Euroland has problems?
"The Washington Post reported Tuesday that in 25 states unemployment benefit programs have already run out of money due to record numbers of people losing their jobs. The state’s unemployment insurance programs have had to borrow $24 billion from the federal government to continue functioning.
By 2011, according to government figures, 40 states will have exhausted their benefit pools and will need to borrow an additional $90 billion from the federal government to keep afloat."

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