Sunday, April 22, 2012
The End of the Dollar - Is Heading Towards Us
There is no mistaking it as the world’s largest economy is still bleeding out from the 2007 financial crisis. In spite of the governments questionable attempts to intervene and add buoyancy to the sinking ship “America” foreclosures are still at all time highs, unemployment is way too high and the national debt is over $15 trillion dollars.
Furthermore countries across the planet want out of financing our debt. Their now dumping dollars as fast as possible and either buying gold or other national debt. The overinflating of the US money supply thru QE-1 and QE-2 have caused great concern to countries like China who are now pleading to the US Government to stop inflating the currency as there still holding about 1.3 trillion dollars in their Central Bank...
Furthermore countries across the planet want out of financing our debt. Their now dumping dollars as fast as possible and either buying gold or other national debt. The overinflating of the US money supply thru QE-1 and QE-2 have caused great concern to countries like China who are now pleading to the US Government to stop inflating the currency as there still holding about 1.3 trillion dollars in their Central Bank...
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