Tuesday, February 21, 2012

End game - Well, this is a cheery post from Zero Hedge: "As US debt-to-GDP passes 101%, the global debt Ponzi enters its final stages."  "The Fed now has just one mandate: to keep the US fiscal machine well-greased by buying up US debt at zero rates, through wanton monetization."  Hmmm, maybe it's time to re-think gold....and ammo.

1 comment:

Anonymous said...

Stop Obama!

http://www.theatlantic.com/business/archive/2012/02/the-big-deficit-lie-every-gop-debt-plan-creates-more-debt/253501/