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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 366.09

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Nov 6 4:00 PM EST

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To: elmatador who wrote (30684)	3/10/2008 6:55:37 AM
From: Arran Yuan	Read Replies (1) of 217557

In Prepare To Panic! libertypost.org Citi is going to implode, most likely this year. Is that so, while WaMu is playing on stage now? The Citi rescue is a collaborative effort of two Gulf State sovereign wealth funds and one Saudi mega-investor. Of this multi-billion-dollar bailout, ADIA's Sameer al-Ansari warns: "It's going to take more than that to rescue Citi." But it's doubtful that the Arabs are going to pony up the petro-dollars like they used to now that Alan "The Annihilator" Greenspan has urged them to abandon the dollar he destroyed. So Citi is going to implode, most likely this year. Another possibility is a huge taxpayer bail-out -- socialism for the uber-wealthy investor class disguised as humanitarian intervention for homeowners facing foreclosure -- of the sort Bank of America has discussed in a memo quietly making the rounds on Capitol Hill.

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