Sunday, August 29, 2010

U.S. Heading for Currency Destruction Debt Default Great Depression

Commentary Jim Sinclair
The newest fallacy is that the Fed has no more tools left to use.
The Fed has an enormous tool box called “QE to Infinity.” Nothing restricts that creation of money out of thin air whatsoever, which in turn means Currency Induced Cost Push Inflation. That is the message of illustration 3 below.

 
 
"The Fall of our Nation." 


The Housing Collapse: We Ain't Seen Nuthin' Yet!
  


Roubini Says Q3 Growth in U.S. to Be `Well Below' 1%


Steve Forbes on Overseas Wars, the Coming Gold Standard and the Rise of 'Citizen Agitation'


Why We are Totally Finished.


Financial Expert Warns of Economic Collapse






Plunge in Home Sales Stoke Economy Fears


Existing-Home Sales Plunged in July.


Ambrose Evans-Pritchard: Fresh Flight to Swiss Franc as Europe's Bond Strains Return


Tarpley: China Buys Euros as Fear of World Depression Grows


Sen. Bennett: Trillions in Debt, Nothing to Show for It


Bob Chapman: The Economy When Debt is Everywhere


Obama Needs Your 401(k) to Balance His Budget


If after reading these stories...you think everything will be fine...then PLEASE seek professional help...
For everyone else...that doesn't have their head buried in the sand, please google Preparedness, and get to work...your burning daylight...Beans, bullets, band-aids and Bullion...




"Despair is most often the offspring of ill-preparedness." - Don Williams, Jr.

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