Faber Says U.S. Government May Fail in 5 to 10 Years; Calls Bernanke "A Criminal"

Discussion in 'Economics' started by ByLoSellHi, Sep 23, 2009.

  1. achilles28

    achilles28

    Bernacke is not incompetent. Or stupid.

    He knows EXACTLY what he's doing.

    That's what scares me.
     
    #41     Sep 24, 2009
  2. No, they do much more than that. You're right, they can't control all the interest rates, but the Fed can very effectively control the short term rate and that does have an impact on the longer term rates.
     
    #42     Sep 24, 2009
  3. Barack Obama and his team have failed the USA with $82 Trillion of debts on and off the books.

    Source-: http://usdebtclock.org/
     
    #43     Sep 24, 2009
  4. How can you profit from this information. No puts their money where their mouth is. It's easy to make calls with no money on the line.
     
    #44     Sep 24, 2009
  5. Debt per citizen = $38,462

    Private debt per citizen = $24,109

    Liability per citizen = $192,133

    USA is bankrupt

    http://usdebtclock.org
     
    #45     Sep 24, 2009
  6. Thanks.

    :p

    p$
     
    #46     Sep 24, 2009