Sunday, June 28, 2009

It's gaining on you

"It's gaining on you."
Stocks Bear Market And Financial Crisis Not Over, US Regional Banks Next To Go
Epidemic of Bankruptcies Symptomatic of the Deflating Bubble
Unemployment Crisis Grips US States "There is general agreement, moreover, that employment levels and conditions of labor will not return to those that prevailed prior to the financial crisis. This is no accident. The ruling elite, led by the Obama administration, has seized on the crisis as a long-awaited chance to restructure class relations to its advantage for decades to come."
US Economy Trending Towards An Inflationary Depression "While simultaneously supporting the Fed's actions, which amount to little more than using chewing gum and bailing wire to keep the money and credit markets from collapsing as it creates and distributes, in arrogant, secretive, crony-capitalist fashion, a gargantuan pile of counterfeit monopoly money in an amount on par with total US GDP for an entire year, you can just sense and feel that there is now a runaway, hyperinflationary freight train rumbling down the tracks at ever greater speed that is soon going to derail and create a train wreck out of our economy."
No "Green Shoots" of Economic Recovery with US Debt at 700% of GDP
China argues to replace US dollar

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