| The next shoe is about to drop in the financial | | | | in containers to China and other nations in the |
| dominos that have been falling. Instead of falling | | | | form of Treasury bonds, hoping that the pirates |
| and flowing down stream though, things are | | | | of Somalia will hijack the transfers? Wrong! The |
| moving upstream. The subprime crisis expanded | | | | US$ is becoming WORTHLESS (hello yellow Gold) |
| into a prime mortgage debacle, which took down | | | | and everyone knows that. Thus the currency of |
| the banking business, which took down large | | | | the planet will no longer be the US$. |
| corporations (though too big to fail), which is in the | | | | But, all PAPER money is fiat money regardless of |
| process of taking down the US government. Can | | | | what you call that paper. |
| you say the US$ hey-days are over? | | | | And the world is beginning to see that as well. |
| Who really buys into the nonsense that we can | | | | The U.S. Treasury is having a difficult time of |
| take TOXIC loans out of the banks and mortgage | | | | selling more paper. Well duh! It's the same scenario |
| companies and transfer them to the government | | | | with the U.K., Japan, and other nations. Proof of |
| without any difficulties. How does that work? Tell | | | | such a coming disaster is the purchase of default |
| me! How sane is that? | | | | insurance on U.S. Treasury note which has gone |
| Toxic assets and bad debt are toxic and bad | | | | from $700 per million dollars (on the 10 year |
| regardless of who has them. Look at the money | | | | notes) to $10,000. That is a 14 fold increase. |
| trail. | | | | The party is over. But, cleaning up the mess and |
| Countrywide went from $45 to $4. Fannie Mae | | | | moving people out of the house won't be an easy |
| and Freddie Mac went from $70 to 70 cents. | | | | job! The US is bankrupt, but we just don't have |
| Bank of America went from $39 to $3. So now | | | | to declare bankruptcy, we just come up with a |
| the FIX is to give all this toxic waste to the | | | | new currency. And we ARE doing that right now. |
| government, the taxpayers, and eventually ship it | | | | Say hello to the Amero! |