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oh...those udders are now shredded. The milk of human kindness has soured, and is drawing flies. When will the US stop squeezing the hometown udder, and wrenching it on an hourly basis in order to support the rest of the globe ?
Watch gold continue to go higher and higher. Invest in shotguns and canned goods and some good farmland. They bought themselves some breathing room with the trillion dollar bailout but they'll still have to slash spending and you may see entire governments topple from that.
Looks like it's getting bad over there..the Fed opened a credit line to Europe.
The article doesn't say how much the Fed is pledging..but their balance sheet right now is $2.3 trillion and they had just shut it down to start getting back the money.
Several other countries have jumped in as well offering lines of credit to Europe.
Federal Reserve opens credit line to Europe - Yahoo! News (http://news.yahoo.com/s/ap/20100510/ap_on_bi_ge/us_europe_financial_crisis_fed - broken link)
Like in the good old days when we loaned out money and collected intersest form the rest of the world.
Last edited by Finn_Jarber; 05-10-2010 at 10:24 AM..
Watch gold continue to go higher and higher. Invest in shotguns and canned goods and some good farmland. They bought themselves some breathing room with the trillion dollar bailout but they'll still have to slash spending and you may see entire governments topple from that.
LOL, the wing-nuts are trying to figure out what to do with a garage full of canned food and ammo they bought before Obama inauguration, and now they are already others to buy more. hehehehe
LOL, the wing-nuts are trying to figure out what to do with a garage full of canned food and ammo they bought before Obama inauguration, and now they are already others to buy more. hehehehe
Hey, spending helps the economy. We should urge them to do more.
Oh wait, Obama wasn't President then . . . silly me, how stupid.
Not stupid, just selective in memory. Many conservatives thought what Bush did concerning the bailouts was beyond stupid and irresponsible. You are creating a contradiction from fantasy, we didn't support it then, we don't support it now and it matters not what boob is in office when it is done.
Well it seems that they are just bolstering the economy of the world for a little bit to keep us from panicking, but down the road we are headed for what Greece is facing.
Shuffle the debt around until it lands on someone and no one wants to shuffle anymore.
I wonder who it is going to land on?
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