hello mq, my 2001 contention that the american banking system will collapse before the People's Bank of China does is coming into view
we have now a situation where the 45% jpm-owned subsidiary, otherwise foolishly known as the federal reserve - the crony creature from jykell island - is printing paper to finance jpm to shore up bse for 28 days so that jpm can put together a wise looting plan, to take the best bits of flesh off of bse, leave the remaining body flesh to rot on joe6pack, and enrich self on the mother of all crony bailouts still to come, papered over by tax hikes, direct grants, inflation, and such this is american capitalism since 1913, an econo-financial fraud backed by war profiteering if i were the criminals ... oops, i meant gentlemen, at gs, i would advise the sovereign funds to buy chunks of jpm, so as to better manage the fed, and complete the evil circle that is dollar recycling fraud oh, yes, almost forgot, and recommendation: buygold there is only so much gudd-ness (gold up dollar down) to go around, at Aboveground gold 155,000 tonnes = x 35,273 oz/tonne a cube with 20-metre (65ft) sides under ocean in sunken ships and underground in hidden vaults |