The bailouts and QE1 did nothing except accelerate the rate of transfer of wealth into the right pockets, and probably not your pockets. The proposed QE2, QE3, QE4, or as many 'quantitative easing' shams and scams as they want to do will continue to not work and accomplish nothing for the average American. The ship is going down and it is going to be more pain, no gain for what is a broke and broken US system.
Expect higher interest rates in 2011. The Bank of England has already stated up to 5%, and real inflation is much more than that. When food and energy prices are escalating but not factored into the real inflation rate, the numbers you are seeing are a sham, a LIE!
If 'economic stimulus' did not happen at interest rates ranging from 0% to 1%, when they rise to 5% to 10% expect even less economic results in 2011. Sooner or later all parties end and it is then time to face the music. The music and what America will have to face in 2011 will be about the ugliest bitch of a year that has happened in the last 100 years.
Of course, the Fed will continue to manipulate the stock market so Americans think they are getting rich swimming with the sharks. When the value of the dollar is declining, the capital markets increasing as yet another bubble, the net effect is zero growth. In real terms, it might actually prove to be negative growth, more contraction and more bad employment news.
The rest of the world is asking the question so I will ask it too. What in Hell does it take to wake you stupid people up over in the 50 states of La-La Land?.....Are you so wrapped up in 1984 that you can't think...Get this straight, Uncle Sam and Big Brother are not your friend!
The USA is the wealthiest nation in the world? How many in poverty, homeless, tent cities, Food Stamps, underfed, or sleeping on the street does it take for the American morons to wake the Hell up? What is sold, packaged and marketed as the wealthiest nation in the world is the exact opposite. The US is a debt ridden, fraud ridden, bankrupt nation that is no longer respected by the rest of the world! The same liars, thieves and traitors are still firmly in control of America, so there will be no change, only the appearance of change.
Sovereign nations will be downgraded this year on their debt. That includes the AAA rating of France, UK and the US, so yes, those waters are about to become very treacherous.
The US government will still not win in Afghanistan. The Talking Hand Puppets and their pet Parrots of DC will continue to lie about why the US is involved in the longest war in its history and nothing to show for it but debt, needless death and destruction.
Americans seem to want their salvation delivered to the door like a pizza. It has never worked that way, 2011 will not change that fact.....another 160 banks will fail this year.
Global Warming will continue to be revealed as a scam as much of the world braces itself for the worst winter in the past 100 to 200 years.
Financial collapse of America? That is very possible, so make sure you have food, means to raise or buy food......
No comments:
Post a Comment