Only A Fool Would Rationalize The Notion That The USA Is Immune To A Financial Crisis, As Has Occurred Throughout History To Many Successful Nations And Empires.

Friday, March 29, 2013
By Paul Martin

Investmentwatchblog.com
March 29th, 2013

Most, if not all of financial crisis were the result of government mismanagement. No nation in recorded history has abused their currency as we have and not suffered severe consequences. It is human nature to think “it will never happen to you.”

40% of every printed dollar is borrowed
60% of our bonds are owned by … us and with printed dollars (a shell game)
17 Trillion committed financial debt
70+ Trillion in unrealized commitments
70% of spending on “dependence-creating programs”
The Fed’s entire balance sheet totaled around $800 billion before the 2008 crash
Estimates on the amount of derivatives out there worldwide vary. An oft-heard estimate is $600 trillion. (10 times the world’s annual GDP)

The Biggest Threat to Growth… and Why Money Printing Always Fails

The Rest…HERE

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