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Strategies & Market Trends : The coming US dollar crisis

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To: Giordano Bruno who wrote (37991)5/4/2011 12:54:54 PM
From: John8 Recommendations  Read Replies (2) of 71463
 
Reuters reports that the US Treasury has informed lawmakers it needs a $2 trillion debt limit increase to operate...

For the United States, it was Game Over, Part 1 when the Federal Reserve was established. Game Over, Part 2 occurred when the gold standard was abolished and fiat paper was declared to have value. Game Over, Part 3 occurred with the advent of TARP and the multiple bailouts that followed, including QE[n]. The final chapter of the saga of Game Over is just about here. Only a little longer now as debt encompasses everything and consumes all. Stand by... -ng-
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