Bank Holiday in our future?

[bsrsharma]

Do you think there will be a lot of people retiring now that their retirement $$$ is wiped out?

May not be in the sense of driving cross country in RVs displaying “I am spending my children’s inheritance”, but surely they will be a huge burden on social security & medicare. And, they won’t be paying much taxes. Net result – trillion $ deficits as far as the eye can see.

[patientrenter]

“Nothing like that; we have seen this all before, it is called the Seventies. ”

I have to agree. This seems the most likely course.

[patientrenter]

“Nothing like that; we have seen this all before, it is called the Seventies. ”

I have to agree. This seems the most likely course.

[patientrenter]

“Nothing like that; we have seen this all before, it is called the Seventies. ”

I have to agree. This seems the most likely course.

[patientrenter]

“Nothing like that; we have seen this all before, it is called the Seventies. ”

I have to agree. This seems the most likely course.

[patientrenter]

“Nothing like that; we have seen this all before, it is called the Seventies. ”

I have to agree. This seems the most likely course.

[gandalf]

That’s a correct assessment, IMHO… The value-based economy smolders like wet kindling. The powers that be pour dollars on the fire.

Stagflation is the treacherous path out. On either side, a thousand foot drop into deflation and depression. Currency failure is a landmine, hidden along the path. If triggered, it will explode, and rewrite the rules.

Let’s hope the illusory strength of US/dollar continues, and we can continue our slow ascent out of this absolutely predictable and unforgivably stupid MESS. (Jail to the fraudsters. Seriously.)

BTW, right-wing healthcare mobs? What idiots. Where were these boobs when Citi leeched their trillions? Welfare for the banksters and insurers! Damn the stupidity.

[gandalf]

That’s a correct assessment, IMHO… The value-based economy smolders like wet kindling. The powers that be pour dollars on the fire.

Stagflation is the treacherous path out. On either side, a thousand foot drop into deflation and depression. Currency failure is a landmine, hidden along the path. If triggered, it will explode, and rewrite the rules.

Let’s hope the illusory strength of US/dollar continues, and we can continue our slow ascent out of this absolutely predictable and unforgivably stupid MESS. (Jail to the fraudsters. Seriously.)

BTW, right-wing healthcare mobs? What idiots. Where were these boobs when Citi leeched their trillions? Welfare for the banksters and insurers! Damn the stupidity.

[gandalf]

That’s a correct assessment, IMHO… The value-based economy smolders like wet kindling. The powers that be pour dollars on the fire.

Stagflation is the treacherous path out. On either side, a thousand foot drop into deflation and depression. Currency failure is a landmine, hidden along the path. If triggered, it will explode, and rewrite the rules.

Let’s hope the illusory strength of US/dollar continues, and we can continue our slow ascent out of this absolutely predictable and unforgivably stupid MESS. (Jail to the fraudsters. Seriously.)

BTW, right-wing healthcare mobs? What idiots. Where were these boobs when Citi leeched their trillions? Welfare for the banksters and insurers! Damn the stupidity.

[gandalf]

That’s a correct assessment, IMHO… The value-based economy smolders like wet kindling. The powers that be pour dollars on the fire.

Stagflation is the treacherous path out. On either side, a thousand foot drop into deflation and depression. Currency failure is a landmine, hidden along the path. If triggered, it will explode, and rewrite the rules.

Let’s hope the illusory strength of US/dollar continues, and we can continue our slow ascent out of this absolutely predictable and unforgivably stupid MESS. (Jail to the fraudsters. Seriously.)

BTW, right-wing healthcare mobs? What idiots. Where were these boobs when Citi leeched their trillions? Welfare for the banksters and insurers! Damn the stupidity.

[gandalf]

That’s a correct assessment, IMHO… The value-based economy smolders like wet kindling. The powers that be pour dollars on the fire.

Stagflation is the treacherous path out. On either side, a thousand foot drop into deflation and depression. Currency failure is a landmine, hidden along the path. If triggered, it will explode, and rewrite the rules.

Let’s hope the illusory strength of US/dollar continues, and we can continue our slow ascent out of this absolutely predictable and unforgivably stupid MESS. (Jail to the fraudsters. Seriously.)

BTW, right-wing healthcare mobs? What idiots. Where were these boobs when Citi leeched their trillions? Welfare for the banksters and insurers! Damn the stupidity.

[patb]

the banks are floating under 200 trillion of garbage
CDS and derivatives.

if you have abank holiday, wipe out all CDS and
all derivatives then spend a month trying to figure
out where the books stand

[patb]

the banks are floating under 200 trillion of garbage
CDS and derivatives.

if you have abank holiday, wipe out all CDS and
all derivatives then spend a month trying to figure
out where the books stand

[patb]

the banks are floating under 200 trillion of garbage
CDS and derivatives.

if you have abank holiday, wipe out all CDS and
all derivatives then spend a month trying to figure
out where the books stand

[patb]

the banks are floating under 200 trillion of garbage
CDS and derivatives.

if you have abank holiday, wipe out all CDS and
all derivatives then spend a month trying to figure
out where the books stand

[Author]

Posts