Possibly, in the good old days, it might have been commendable that Secretary of State John Kerry propose a $1 billion loan guarantee for the Ukraine. Besides collaborating with the International Monetary Fund as well as international organizations to arrange the loan, the current administration is thinking of providing some direct assistance to the Ukraine.
The plain fact is that the United States itself might quickly end up resembling two countries that are in the depths of an economic doldrum, Spain and Greece. We are no longer an abundant country, overflowing with wealth and unlimited resources, but instead have become a country on the edge of a monetary wreck. With a $16 trillion dollar financial obligation, we need to obtain money from China and other countries just to keep the lights on.
If the national debt balloons to $21 trillion, US credit rating will experience a downgrade. Despite this looming disaster, Kerry wants to save the Ukraine. Is it too difficult to think of spending the cash placing folks back to work here in the United States? Our rising unemployment is possibly two times the 8.2 percent put out by official statisticians.
As far back as 2006, top economists like Wiedemer were talking about the looming collapse of the U.S. housing market, a decline in the equity markets, and a fall in consumer spending because of rising private debt. Today, much of what was predicted back then is showing up through some alarming trends-high unemployment, a plunging stock market, and a spiking annual inflation rate.
Federal Reserve Chairman Ben Bernanke as well as former Chairman Alan Greenspan, entrusted with damage control, have done just the opposite. And while the crisis they engineered by reckless printing money continues unabated, Kerry has toured the Ukraine, promised aid, and warned Putin to de-escalate his military.
Now, if that's not insane enough, here's another twist to the story. While the Obama administration is going to work with Congress to provide a $1 billion loan guarantee to help insulate that country from reduced energy subsidies, Russia will probably counter that effort by raising gas prices. Since Russians are the majority holders of Ukrainian debt, the money from the U.S. will end up in Russian banks.
It resembles the Titanic's captain and staff playing Texas Hold'em while the ship is heading straight for an iceberg. We have been talking about investing in your future for a long time now by getting God's money -- precious metals like Gold and Silver-- because it will not be long now before the paper in your wallet will certainly be worthless.
The plain fact is that the United States itself might quickly end up resembling two countries that are in the depths of an economic doldrum, Spain and Greece. We are no longer an abundant country, overflowing with wealth and unlimited resources, but instead have become a country on the edge of a monetary wreck. With a $16 trillion dollar financial obligation, we need to obtain money from China and other countries just to keep the lights on.
If the national debt balloons to $21 trillion, US credit rating will experience a downgrade. Despite this looming disaster, Kerry wants to save the Ukraine. Is it too difficult to think of spending the cash placing folks back to work here in the United States? Our rising unemployment is possibly two times the 8.2 percent put out by official statisticians.
As far back as 2006, top economists like Wiedemer were talking about the looming collapse of the U.S. housing market, a decline in the equity markets, and a fall in consumer spending because of rising private debt. Today, much of what was predicted back then is showing up through some alarming trends-high unemployment, a plunging stock market, and a spiking annual inflation rate.
Federal Reserve Chairman Ben Bernanke as well as former Chairman Alan Greenspan, entrusted with damage control, have done just the opposite. And while the crisis they engineered by reckless printing money continues unabated, Kerry has toured the Ukraine, promised aid, and warned Putin to de-escalate his military.
Now, if that's not insane enough, here's another twist to the story. While the Obama administration is going to work with Congress to provide a $1 billion loan guarantee to help insulate that country from reduced energy subsidies, Russia will probably counter that effort by raising gas prices. Since Russians are the majority holders of Ukrainian debt, the money from the U.S. will end up in Russian banks.
It resembles the Titanic's captain and staff playing Texas Hold'em while the ship is heading straight for an iceberg. We have been talking about investing in your future for a long time now by getting God's money -- precious metals like Gold and Silver-- because it will not be long now before the paper in your wallet will certainly be worthless.
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