well you US-citizens are to be regretted. Well it's not that you are alone with it. We Germans have to suffer at least as much as you. So you can vote in November? Well, that's at least something, but you do not have choice. Well that's the sad but true story. Obama does not care about you...
Now that's a new height in fraud. The central bank are printing money as mad. Instead of letting a unsustainable system die. They inflate the money bubble again. And guess what, now the equity holders are roughly 5% richer? Really? We can assume that while having a growth of let's day 2% in Germany...
Now imagine in the EU. the safety chute chould be around 500 Mrd EUR . Now we hear from the IWF (with Mr Lagarde (France) at the top. And the French bank in peril. That the EU zone has to prepare a giant bailout for banks for just around 2 000 000 000 000 EUR. http://www.telegraph.co.uk/finance/financialcrisis...
There are quite a few sites which do care about the careless money printing of the FED and the lending of government. Just a few actual links: http://blogs.law.harvard.edu/philg/2011/05/23/visualizing-the-debt-ceiling/ and even more frightening (at least to me): http://www.usdebtclock.org/ I mentioned...
I'm currently reading about the report of the IMF about Greece. You can find it under:http://www.imf.org/external/country/index.htm I'm very skeptical over any of these just be states controlled supranational institutions. I feel we think there money for doubtful outcomes. And in a way I think...