Posted on 14 September 2012. Tags: Central Banks, Debt Clock, FOMC, Qantitative Easing, US Debt Crisis
As I pointed out in late 2011 (see here) that the economy needed another round of QE in 2012 to sustain the current trend of mal-investments or risk collapsing. Well we got it. For the complete FED video press conference of September 13, 2012 please see video below. Highlights from Video: The FED pledges […]
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Posted in Gold and Silver, US Dollar Collapse
Posted on 16 August 2012. Tags: Debt Clock
David Walker, served as the United States general comptroller from 1998 to 2008 and he was recently on Yahoo news stating his case for America’s debt problem. The current national debt for the United States stands at a whopping 15.9 Trillion and growing at about 10Million a minute. In other words, 14.4 Billion a day […]
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Posted in US Dollar Collapse