You should be.
The Euro is breaking down severely along with big declines in Asia. Why? Lies.
What's the actual exposure at Unicredit to bad debt? Everything - mortgages, sovereign, Greek, whatever?
Does the market know the truth? No.
Does it know the truth about our banks? No. Bank of America just recently took a charge that was massively in excess of their alleged reserves for the same event. Do you believe its over? Why would you - it hasn't been thus far.
This campaign of lies is now running out of gas. The market is calling "Bull!" on everything that is being emitted from the so-called "authorities", including in this case Junker.
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If this crisis with banks and investments/derivatives continues (and there is a broad consensus that it will), the effect will be close to catastophic. Our dollar will be worth next to nothing. Prices on EVERYTHING will rise dramatically. Some commodities will become scarce or not available. Things go downhill quickly after that, and THAT is what scares the ruling elites. And they are making extraordinary efforts to hide the extent of the problem. This should be NATIONAL news of the most serious nature. But it's not. Wonder why??
ReplyDeleteWELCOME to what use to BE AMERICA ..not for long....watch and see we will be a third world country soon...WAKE UP AMERICA AND VOTE ALL BUMS OUT OF OFFICE AND PUT IN NEW YOUNG BLOOD.
ReplyDeleteIt's all speculation. There will be a deal but it's not in the politician's or their best buddies interest to do it quickly.
ReplyDeleteLet it linger and create more havoc. They'll all make millions and at the same time, we'll all spend more. That's how it works in America anymore!
If there's an incumbent on my voting ticket, they will NOT get my vote. I don't care which party they belong to. I'd rather start over with all new people in Washington than to continue on with ANY of them who are there now!
WE the people! More people need to keep remembering that.
It doesn't read WE the POLITICIANS!
Barney Frank, Chris Dodd, George Soros and thier wall street buddies have swindled this country for trillions.
ReplyDeleteWhy aren't they being lined up against a wall in front of a firing squad?
Our once great Nation is being destroyed on purpose. These international bankers are hell bent on breaking us literally.
ReplyDeleteSoon, we will beg for a new form of government. One that is global. A new Savior will emerge and give us a new currency.