Post by GringoBob on Nov 26, 2010 6:22:47 GMT -5
we now have one foot off the cliff .....
now is NOT the time to panic, but it is the time to prepare - if tomorrow is the day that the banks close, your ATM is off, you have no electricity, water, sewer, fuel or food, do you have a plan and are you prepared to take over your family needs for the long road to recovery ? Group912.org/endgame.html
now, China and Russia are not accepting the US Dollar in trade balances and not lending Obama and his lackies any more money - so here we go !!!!
Obama and Fed Chair Ben Bernanke have two choices, and two choices only -
1) they can tell the America people the truth about the mess they have made with our economy and ask us to brave it out as we take the big hit of wall street collapsing and re-defining our currency based on a gold or other precious metal standard, or
2) they can continue to print money at the treasury department and buy that debt at the Fed, which will create a never ending spiral of inflation whereby we end up in the same boat as Greece and Zimbabwe where a wheelbarrow full of dollars is needed to buy a loaf of bread ...
The government is printing money 24/7 to paper over the bad debts of the housing crisis and Wall Street bailouts. We're about to enter a cycle of hyper-inflation that will devalue every dollar you own ...
my guess is they will desperately try to buy our own debt and hope the economy starts heading north before the collapse - that's my opinion
in either event, the time for preparation is now demons clear and time is of the essence, so get to work stockpiling food, water, toiletry items and dry goods for at least a year and get as far away from the market as you possibly can - sorry aint gonna get it when everything is lost
www.usdebtclock.org/index.html
now is NOT the time to panic, but it is the time to prepare - if tomorrow is the day that the banks close, your ATM is off, you have no electricity, water, sewer, fuel or food, do you have a plan and are you prepared to take over your family needs for the long road to recovery ? Group912.org/endgame.html
now, China and Russia are not accepting the US Dollar in trade balances and not lending Obama and his lackies any more money - so here we go !!!!
Obama and Fed Chair Ben Bernanke have two choices, and two choices only -
1) they can tell the America people the truth about the mess they have made with our economy and ask us to brave it out as we take the big hit of wall street collapsing and re-defining our currency based on a gold or other precious metal standard, or
2) they can continue to print money at the treasury department and buy that debt at the Fed, which will create a never ending spiral of inflation whereby we end up in the same boat as Greece and Zimbabwe where a wheelbarrow full of dollars is needed to buy a loaf of bread ...
The government is printing money 24/7 to paper over the bad debts of the housing crisis and Wall Street bailouts. We're about to enter a cycle of hyper-inflation that will devalue every dollar you own ...
my guess is they will desperately try to buy our own debt and hope the economy starts heading north before the collapse - that's my opinion
in either event, the time for preparation is now demons clear and time is of the essence, so get to work stockpiling food, water, toiletry items and dry goods for at least a year and get as far away from the market as you possibly can - sorry aint gonna get it when everything is lost
www.usdebtclock.org/index.html