Friday, May 23, 2008
Mega bearish article. A must read.
The four insolvent pillars to the USEconomy: federal budget, current account (trade) deficit, bank capital, and homeowner equity point to imminent desperation in policy, all directed toward mammoth unprecedented monetary inflation. THE GLOBAL ENERGY WAR THAT STARTED IN 2003 IN IRAQ HAS NOW EXPANDED INTO A GLOBAL WAR OF CAPITAL