Discussion of Housing Bubble, US Dollar, Debt, Trade Deficit, Oil, Gold, Consumer Spending, Central Banks, Inflation, Outsourcing and the Bleak Future of the US economy
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Max Keiser puts things into perspective regarding Goldman Sachs and JP Morgan exchanging triple "A" rated toilet paper; Goldman Sachs masking Greek Debt via cross currency swaps; savers vs speculators, etc - a pretty good rant at times
posted by Randy @ 6:23 PM
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****HOME--MAIN BLOG PAGE**** I’m 44yrs old, retired from the USAF & manage a Telecomm organization. I have been writing about our bubble economy since 2005 & many of today’s economic events were actually anticipated and forewarned of. You should know that the U.S. Housing Bubble was only the latest symptom of much larger fundamental economic imbalances that have been building for decades - due to poor monetary and policymaking decisions. With that, I personally feel a major economic transformation is taking place right before our eyes & the prosperous “good life” that we’ve enjoyed in the US is ending. I have unrelated Telecom Eng. & Eng. Mgnt. Degrees, but have spent many thousands of hrs studying economic issues – providing me with a strong understanding of “the big picture” *****Disclaimer***** These articles reflect the opinion of this author and are by no means a guarantee of future economic conditions. Additionally, these articles are provided for INFORMATIONAL PURPOSES ONLY and are NOT MEANT to provide investment advice to anyone. For investment advice, please consult with your professional financial planner
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3 Comments:
I don't watch the main stream media I doubt anyone here does either but does anyone know if the media has reported the goldman involvement in this? I haven't seen it on the drudge report not a real shocker and this is the first good info I got on it. Its pathetic because the media made a huge deal of the greek debt problem and a american cartel is behind. I think goldman sachs has there hands in everything they are evil as hell.
I stand corrected drudge has at the bottom of his page in a small sentence the goldman/greece situation.
With Goldman, it's always "heads I win, tails you lose". Morality is for losers.
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