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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: RetiredNow who wrote (260832)7/14/2010 6:30:18 PM
From: Skeeter BugRead Replies (2) of 306849
 
i get you - and you are right... to a point.

it has already started...

IMF issues broad call for U.S. financial prudence

washingtonpost.com

(note - never ending war is excluded from criminal banker cartel, i mean IMF, cut recommendations - bankers love them some war!)

i will make a distinction that is quite important.

the private interests that control the US government and the IMF will use the IMF as an excuse to force austerity on to the American people.

IMHO, of course. this is speculation that the special interest controlled government will need "cover" to fork over the american people and the IMF will be it.

of course, the same people who control the US and the IMF have the mother load of money and control the media and lots of private investing interests, so they bond vigilantes will play their role, too.

the minute they disconnect money from debt and start printing, interest rates will soar, debts will be left behind, credit will collapse and the we still end up with a serious depression.
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