Wednesday, December 2, 2009

2010 Estate Tax May Go from Zero to 45%

This article is well worth reading, it could save your financial ass ets..



Potential For Fed To Hyperinflate





Morgan Stanley Fears UK Sovereign Debt Crisis In 2010





Fed Moves To Drain Some Money Out Of The Economy





The New Iceland? Greece Fights To Rein In Debt





I've told everyone for years Global warming is a lie...



and finally here's proof....



http://www.foxnews.com/story/0,2933,578990,00.html



Facing Scandal, Head of Climate Research Lab to Temporarily Step Down http://www.foxnews.com/story/0,2933,578486,00.html?loomia_ow=t0:s0:a4:g4:r2:c0.000000:b0:z5





Four Reasons Hyperinflation Hasn¹t Hit the U.S. Economy Yet





What’s Worse: Hyperinflation or Deep Recession?
Posted in Economy, Politics by larrycheng on November 25, 2009
I thought this was a poignant observation by Fareed Zakaria in his book, The Post-American World:
“Hyperinflation is the worst economic malady that can befall a nation. It wipes out the value of money, savings, assets, and thus work. It is worse even than a deep recession. Hyperinflation robs you of what you have now (savings) whereas a recession robs you of what you might have had (higher standards of living if the economy had grown). That’s why hyperinflation has so often toppled governments and produced revolution. It was not the Great Depression that brought the Nazis to power in Germany but rather hyperinflation, which destroyed the middle class by making its savings worthless.”






Housing Meltdown Not Over; Prices to Slip More: Zandi



December 2, 2009

The Ultimate Crisis Will Not Just Bankrupt The Banking System, It Will Bankrupt Governments
“In the context of all the default that will happen in the world, Dubai is not a big thing. But it’s a reminder that governments can default.Eventually, I suppose a lot of governments will be bust, including the United States. Nothing has been resolved, it’s just being postponed. The ultimate crisis will not just bankrupt the banking system and financial as happened in 2008, it will bankrupt governments.


”Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.

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