the Dollar Bubble

[NEUROSPORT]

[ame="http://www.youtube.com/watch?v=eZA0qNsf4m0&feature=player_embedded"]YouTube- The Dollar Bubble[/ame]

one interesting point mentioned in the film is that some time during the 20th century after economy has been prodded with stimulus it took raising interest rate to 21.5% to drain the money back out of the economy to prevent hyperinflation. then they explain that if interest rates today were raised from 0% to 21.5% then the INTEREST on our national debt PER YEAR would exceed the ENTIRE tax revenue.

in other words we are already beyond the point of no return. if we don't stop printing money we will have hyperinflation. and if we stop we will be bankrupt.

so we're finished ALREADY but it's going to take up to 10 years until the stupidest of Americans come to realize it as they starve to death.

 

[lizzie]

Yeah, most of us think the dot com bubble and the housing bubble were bad. Imo, we ain't seen nothin yet.

 

[lizzie]

Here's a link to a site that I visit from time to time regarding the financial situation, primarily in the US. The author seems to be of similar opinions.

excerpt:

The market in the meantime could still move higher as long as the dollar carry trade is working. The chance that this can last for a sustained period of time without eventually crushing the dollar is very low in my opinion.
Also keep in mind: The Fed is rapidly running out of QE money and without government stimulus this market is toast because there is not enough liquidity in the economy to replace the Fed and its dollars.
This massive debt bubble is going to implode once the Fed pulls its liquidity.
Ironically, if the economy begins to recover globally (and there are some signs of this in some countries), this could potentially be the trigger that pops the debt bubble because a recovering economy would force the Fed to pullout and raise rates as a result of the risk of inflation.
The market basically doesn't want a recovery right now. It loves high unemployment and a bad economy because it allows the Fed to keep rates at zero which is highly profitable for Wall St via the games that I described above.
Of course our crippled economy is an absolute nightmare for the rest of us as we lose our jobs and our homes as Rome continues to burn.
It is extremely sad for me to watch what has happened to this country.
The fraud has gotten so far out of control that I sometimes question if the criminals that created this disaster will ever get what they deserve.

Another Crisis Looms Right Around the Corner -- Seeking Alpha

 

[Jackboot]

This could never happen, just move along.....nothing to see here!:doh

 

[NEUROSPORT]

This could never happen, just move along.....nothing to see here!:doh

some idiots will always believe their government ...

its funny how they show videos of Bernanke from 2006 etc saying how the prospect of recession is ridiculous etc.

amazing how many people seem to have an unlimited capacity for lies and they just keep taking it and keep believing.

 

[Jackboot]

some idiots will always believe their government ...

its funny how they show videos of Bernanke from 2006 etc saying how the prospect of recession is ridiculous etc.

amazing how many people seem to have an unlimited capacity for lies and they just keep taking it and keep believing.

This should be front and center, yet is it lost in this forum, as well as in the MSM.

I guess some people, really do believe money grows on trees?:doh

 

[Ahlevah]

This site is excellent: Market Observations