"We are going to go through one of the most trying financial times in U.S. history, including the Great Depression" -FORBES

that guy is an idiot.

I love AC´s that just make a blanket statement that the guy is an idiot without any reason whatsoever.

Bush Haters

everything is fine.

here´s one of 10 reasons why this won´t happen.


US 10 year note yield: 4.25%
Japan 10 year note yield: 1.35%


dumbass.

Mockers eat your oil and your gold, it will not fill you bellies. Mock your own end, and die a fool, nothing more shall squeak past your lips, to dust you shall return.

AC 3:05 ..... BOTH are mearly promises to pay for paper with MORE paper in the FUTURE !

AND, what will be the value of the paper when paid ?
Who will buy those bonds when they become nearly wothless ?
Fiat money in greater supply ALWAYS brings on REALITY ; i.e. and a new scheme by governments to seperate people from " hard goods " with worthless paper.
" When will they ever learn; WHEN WILL they ever learn." ( After the party is OVER !!! )
GOT gold/silver ?????

Eagle

You can´t eat silver or gold!

My day was going fine till I read all that doom and gloom about our economy.

Even ants save up their food for the winter, and look at the sizes of their brains. Since their are only a few Americans with savings saved, how can they then be saved? We see what tsunamis, earthquakes and volcanoes can do, yet we do not believe it can happen to us, that our winter will never come. The last words of a dieing fool are "you have to die of something you know". The useless eaters were well named by the P.T.B.

US 10 year note yield: 4.25%

Dollar drop against world currencies: > 30%, and about to lose a lot more.

Yeah - I´d own US bonds.

This is what happened to Japan in the early 90s.
Tons of cheap money was dumped on the markets, but didn´t actually do or buy anything. For ie: for every 10 barrels of oil bought or sold, only one actually existed. For every 10 highways contracted to be built, none were. trillions of Yen that drove the market up but with nothing to show for it.

Does cheap money flushed down the toilet seem a little familiar?

Fuck it...let´s just print more money! Who cares!

dollar drop hasn´t affected US bond market?

why?

you say you wouldn´t own US Bonds...what would you own, Russian Bonds? Chinese Bonds? Japan Bonds yielding 1%?

in an unstable world...money flows to the safest place, and that folks has been, and is, the US of A.

I smell OPPORTUNITY because I´m cash rich!

YeeeeHaaaa!

To those fools who think the "good times" are gonna roll on FOREVER, I cannot WAIT so that we can all break into your homes, eat your cereal, ravage your women and wear your speedo thongs and piss in your showers. HA HA HA HAH AHA HA AH!!!!!

Let´s hope this time we fuck the fuckers unlike the ´greatest generation´ of did.´

Huge fortunes were made and developed off the backs of all the working class who oddly enough were all encouraged to enter into the corrupt stock market and invested their savings, their retirements, etc.

Also same as now Uranus was in Pisces...the roaring 20s was a lot more fun and frisky than the dark years we have suffered through lately.

actually this traces back to the john kennedy and lyndon johnson years,whereas when the dollar was backed by real gold and silver bullion,up until 1960,no new currency was allowed to be printed unless either backed by gold($35 an ounce) or old money was destroyed in a furnance first,in 1966,president johnson decided to remove the silver certificate backing on our money which had been in place since 1933 by the roosevelt administration.the f.d.i.c. was backed by a new measure called the gross national product later renamed gross domestic product and this is essentually the entire working class investing money into various markets to support our banking industry,now that the national debt is in the red,jobs are outsourced everywhere,the hidden inflation keeps on climbing such as government colas and realestate.the only president america had that tried to curb this inflation was president richard m. nixon with his two and a half year wage freeze in the early 1970´s as he wanted to bring under control the massive spending created by the lyndon johnson administration to back our useless currency on the vietnam war and all civil programs he passed into law with his signature.thats why we are living almost in a third world country chapter today

actually this traces back to the john kennedy and lyndon johnson years,whereas when the dollar was backed by real gold and silver bullion,up until 1960,no new currency was allowed to be printed unless either backed by gold($35 an ounce) or old money was destroyed in a furnance first,in 1966,president johnson decided to remove the silver certificate backing on our money which had been in place since 1933 by the roosevelt administration.the f.d.i.c. was backed by a new measure called the gross national product later renamed gross domestic product and this is essentually the entire working class investing money into various markets to support our banking industry,now that the national debt is in the red,jobs are outsourced everywhere,the hidden inflation keeps on climbing such as government colas and realestate.the only president america had that tried to curb this inflation was president richard m. nixon with his two and a half year wage freeze in the early 1970´s as he wanted to bring under control the massive spending created by the lyndon johnson administration to back our useless currency on the vietnam war and all civil programs he passed into law with his signature.thats why we are living almost in a third world country chapter today

They will take a huge loss, but it will be necessary to check an unsustainable process. At that point, the people of Japan and other Asian nations will be able to consume a lot more, because they will send less of what they produce to the U.S.

PlEaSe ExplAin this

Other countries share in the deep commitment to keep U.S. consumers laying out their cash. Big exporters -- Japan and China in particular -- have strived to keep their currencies low against the dollar, allowing Americans, in effect, to buy more of their stuff. U.S. consumer spending accounts for around 20 percent of world gross domestic product.

And the band played on.

The crash will happen only when the elite bankers decide to let it happen. They can seemingly inflate the money supply endlessly, but also decide to call loans when they please. It´s a circus.

Time to remove the creditors...again.

The problem lies with the privately-owned Federal Reserve and its fractional reserve system.

Have a peek at:

[link to www.propagandamatrix.com]

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"We are a society that has lived beyond its means for a long time," Schiff says, adding that while the trend has been evident for two or three decades, "in the last five years, it has gone off the deep end."

>Americans are relying on foreigners more and more to produce goods, rather than producing them themselves.<

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This guy talks like relying on foreign goods is a conscious choice that the average American makes every day. You walk into any department store in America and you see store shelves lined with shit made in China. Our esteemed elites who are trumpeted as the role models and heros of the Wall Street Journal snobs, move our manufacturing base out of our country on a daily basis. The "big idea" economic forecaster have been gazing into their crystal balls and proclaiming that America is moving into a more service based economy for the past 20 years...and now us common folk can finally understand what they meant by that:

Would you like fries with that sir?

ATTENTION:

If you are going to move this country into a fascist totalitarian police state (which is the Illuminati goal), you must first bring about a hyperinflationary depression so the currency becomes essentially worthless. Then, no one can buy anything because a loaf of bread costs $500.00. At that point the civilian sheeple are ripe for the picking to join a brown-shirted fascist hooligan gang that can eventually seize national power.

Been there, done that... the Jews got the ticket.

Hypertiger is right!

Attachment of interest to the medium of exchange is the problem.

The solution is implosion.

google "hypertiger implosion" for more detail