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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: axial who wrote (22664)9/9/2009 7:04:45 PM
From: ayn rand2 Recommendations  Read Replies (1) | Respond to of 71477
 
ron paul on impending nightmare:
.................................................

Seriousness of the Crisis Cannot be Exaggerated;

Closest Comparison is the Collapse of the Soviet Union
................................................

need for new monetary standard

panic? conspiracy?

nations to be redefined

congress not paying attention

plans to control the natural resources of the world

don't give a flying crap about the consumer

.....................................

Ron Paul on the Glen Beck Show September 7, 2009 discusses the changes going on with the entire US economic system.

Also take note of what George Soros said at Columbia University last Friday and threat to the United States of America as we know it today.

Gerald Celente has said that we are about to experience a scenario “like nothing we’ve ever seen in our life time“,

and Ron Paul and George Soros seem to agree.

This is far from being over, folks.

5 minute video

shtfplan.com

September 9th, 2009

................................................

The important point is that we have never been here before in the post-Depression era.

Any and all claims that “The Consumer has reached a bottom”, or “The Recession is over” (based on July data) or any such is pure nonsense. There is not only no sign of a bottom there is no change in the second derivative - that is, the rate of change continues to be essentially straight down!

It seems that, not only are we going to have a recovery with continued job losses into 2010, but the collapse in consumer credit will also contribute! It’s a spendingless recovery! This is the 21st century, afterall, it’s different this time!

shtfplan.com

The Federal Reserve's latest (through July) G19 update is out, showing consumer credit.

To say that these figures are ugly would be an understatement.

In fact, there is simply no way you can spin this

- while this contraction in credit has to happen it has horrifying implications if our Washington policymakers don't get on the stick and deal with the underlying issues here and now instead of pretending that everything is ok or worse, try to "borrow our way to prosperity."



To: axial who wrote (22664)9/10/2009 7:24:09 PM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 71477
 
So the news today up here on our turf is improving economy BUT.. deficit and extra 5 billion.. NO new taxes.. to pay it off.. cuts 'may' LOL be painful.. We won't look much like Canada possibly in a few years.. My primary goal.. keep what I have now at present real value :O)

Back from a month sojourn...