Wednesday, January 11, 2012

CRASH? Do you agree with Forbes? That the United States facing perhaps the worst financial crisis since 1933?

I believe the term that struck me last night was that if AIG declares bankruptcy, it would be a financial nuclear bomb. And yes, I do agree with the article that we are facing the greatest depression since 1933. If the Fed continues to tax Americans by printing more money and pumping into these companies to bail them out, we'll be getting there pretty quickly. The Fed is ultimately taxing every tax-paying citizen when they bail these people out. US citizens should be angry as hell about that. They're robbing us and many people don't even realize it. We're looking at hyper-inflation and a collapse of the U.S. economic system.

0 comments:

Post a Comment