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...
Of Inflation up to 3.1 % in the US and 2.4% in EURo land Does not need much more to get over 4%. If that is reached you money will half it's value in just 18 years. And still the Fed is printing money as mad. So maybe 5% is not that far away. And again "this time isn't different". The...
Just see the following there is a construct called relative poverty. And it's "definition" is that those are poor which earn less than half of the average income. So let's see an example. Our world is simple we have 1/3 earning 1000 GE, 1/3 earning 2000 and GE 1/3 earning 3000 GE. So...
Today. One of my sites I visit regularly is: http://www.memeorandum.com/ Today I found this two entries: http://danieljmitchell.wordpress.com/2011/04/30/obamas-medicare-appointee-has-accidental-encounter-with-reality-learns-nothing/ and http://www.nationalreview.com/articles/266028/discredited-mark-steyn...
Well I just can conclude it sinks faster than ever for me. Now they want to stick to their program of printing money. And well if you have savings you got robbed day by day, monthy by month year by year. The inflation raises (just remember: http://mises.org/Community/blogs/fdominicus/archive/2011/02...