The financial MSM are truly amazing. They can turn any bit of news or data into a positive for the economy and stock market. The liars in government keep producing numbers and data that is false and manipulated.
Bernanke is confidently printing $80 billion per month. The Fed balance sheet is ballooning, and if/when QE stops, everyone will be racing for the exits.
Reality can be avoided for a long time; sometimes it seems like there is no reality anymore except the bullshit we keep hearing from the government and MSM shills. But reality will kick in sooner or later. Debt does matter, and it’s all based on IOU’s.
We’re living through the largest debt bubble in the history of mankind. When interest rates start going up, when Bernanke and the central banksters lose control, all bets are off and debt will again matter. Will the government be able to afford the $1 trillion per year it’s spending on the FSA? Will the government even be able to afford the interest on our almost $17 trillion debt? Or will they simply confiscate your savings and retirement? Inquiring minds want to know.
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
2 comments:
Mmmm , most smart people know this,
that's why they are buying ammo.
People ,like all of the present administration will be the first targets. Reason to revolt? Oh yeh!!
Biden has brought up transfering all pensions and 401k's to treasury bonds.
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