PDA

View Full Version : Dollar and America on the Road to Ruin



Goldhedge
02-08-2012, 11:30 PM
By Greg Hunter’s USAWatchdog.com (revised)

In the last week or so, I’ve noticed an unusual amount of really well written and researched articles warning of impending doom and financial horror. These articles are not written by a bunch of angry uneducated bloggers but by money managers, investors and financial writers. All are people who got it right leading up to the meltdown of 2008, and my bet is they are right again. The mainstream media (MSM) told you after the 2008 crash, “Nobody saw that coming,” which is a bold faced lie that will not work again.

Jim Quinn of TheBurningPlatform.com wrote a tour de force of troubling realities you will never hear on the MSM. Quinn lays out the case for coming ruin with stats, charts and razor sharp logic in a post called “Illusion of Recovery–Feelings vs. Facts.” In his summation, Quinn says, “There is no avoiding the final collapse of a boom created solely by credit expansion. Those in power will never voluntarily relinquish their grand game of pillaging the wealth of the nation, so economic collapse will be the ultimate result. They will continue to use propaganda, printing presses, and half-truths to further their agenda. But those who examine the facts will come to a logical conclusion that we are being sold a great lie.” (Click here to read this very long but very good Jim Quinn post.)

More at link
http://usawatchdog.com/dollar-and-america-on-the-road-to-ruin/

REO 54
02-09-2012, 12:01 AM
Oh this is really bad....

“Few Americans are aware of the International Economic Emergency Powers Act (IEEPA)… it gives any US president dictatorial powers to freeze accounts, seize assets, nationalize banks, and take other radical steps to fight economic collapse in the name of national security. Given these powers, one could see a set of actions including seizure of the 6,000 tons of foreign gold stored at the Federal Reserve Bank of New York which, when combined with Washington’s existing hoard of 8,000 tons, would leave the US as a gold superpower in a position to dictate the shape of the international monetary system going forward, as it did at Bretton Woods in 1944.” (Click here for the complete Rickards interview.)

Silver
02-09-2012, 12:04 AM
Hunter is a level headed guy, but he has been sounding the doom alarm lately. I certainly feel it, something big is brewing.