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Economics and Investing:
Hungary's
Economy Minister warns of currency crisis, "social collapse" without
deep reform
GG sent this Los Angeles Times piece: From deflation fear to inflation panic,
so soon?
Items from The Economatrix:
Exploding
Debt Threatens America With no change in policy, US debt will equal US
GDP in just five years.
Coming
Dollar Bust--All But A Few Have No Clue "The failure of the housing
market is only 40% to 50% over. All this is happening as policymakers, Goldman
Sachs, JP Morgan Chase, Citicorp, etc.,
and the rest
of the elitists are shifting all the debt from the financial sector to the
American people. Virtually no one talks about what is really going on. The
same people at the Fed, in banking, on Wall Street and in government are supposedly
solving the problems they created. We have news for you; they are not solving
anything. They are just pushing judgment day a little further out. That is
costing us $2 trillion in additional debt a year, which we can ill afford.
The bomb gets bigger every day and you won’t want to be around when it
explodes."
Dollar
is Dirt, Treasuries are Toast, and AAA is Adios
Meltdown
101: Why is the Dollar Weakening?
Moody's Affirms US AAA Rating Despite Rising Debt
Yield Curve Steepens to Record as Debt Sales Surge
Rise
in Rates Jolts Markets
Mortgage
Nightmare: Who Owns My Loan?
GM Bankruptcy Filing Could Shake Up Dow Index, GM Could Be Delisted
