What is happening to the dream big by going abroad? The YT is not replete with videos of homelessness in California, Florida, Washington, UK
There are homeless people, unsheltered. In the Philippines, we are luckier, there are shelters over the heads of people. The unsheltered abroad lives in tents:
This was exacerbated by the influx of refugees, asylum seekers
Is hyperinflation going to happen in the US? Will this be a bitter pill to swallow after the FED rescued the US financial system, had JP Morgan swallow up Lehman brother nd Bear Stearns garbae (the subprime mortgage)
Now that many stocks and Dow Jones is retreating (or free fall) many are thinking that US economy could collapse by Feb 19, 2016. This is being triggered by the 2008 collapse and the reforms have not been installed. The AIIB is challenging the US dollar and even the China malaise that is dragging the dollar and markets around the world down.
I did not read this the moment this email marketing came into may inbox but because the headline was catchy, I tried to read this. The headline said that this hoax could be far worse (525 x) worse than the Enron meltdown. A retiree, a millionaire saw his $1.3 retirement nest egg just become $13,000 in a matter of week. Much worse, other stakeholders lost tons of money, and 20,000 became jobless.
A govt company which is 2x more leveraged (77x vs Enron 35x) could collapse anytime that will trigger hyper inflation and untold of poverty in USA. This refers to Federal Reserve Bank.
How did it happen? Well, in the Financial Crisis of 2008, the Federal Reserve Bank bought the assets of too big to fail banks. They bought the subprime assets of the bank that triggered the run. And then the QE (Quantitative Easing) - the Fed bought monthly hundred of billions of banks bonds and other debt instruments. The said venerable bank is no longer venerable. It could go bust anytime. This is what Paul Rand, a Presidential candidate comment on the FED: If the Federal Reserve was a real bank, without extraordinary powers, it would be insolvent. The Fed has $4.5 trillion in liabilities and only $57 billion in equity. It is leveraged at 80:1, nearly three times greater than Lehman Brothers when it failed.”
The extraordinary power of the Fed is its ability to print money. The trouble is when it does it makes matter worse. Hyperinflation happen. It happens to 3rd world country like Zimbabwe. where hyperinflation reached several digits. But it also happened in Germany in the 1900 when the money was used to start fire, or you had to bring money in wheel borrow in order to buy bread.
What is the solution: invest in hard assets like gold, fuel, or goods that you will use. Bank assets will be useless later on when there is hyper inflation
Here is a feed from a private intelli gence agency. Judge for yourself how the US Intel Community think
---------- Forwarded message ----------
From: LIGNET<newsmax@reply.newsmax.com>
Date: Wed, Nov 6, 2013 at 2:30 AM
Subject: The Real Agenda Behind NSA Protests in Germany and France
The Real Agenda Behind NSA Protests in Germany and France National Security Agency surveillance of European phone calls, including German Chancellor Angela Merkel's smartphone, has prompted grave concern in the media and among elected leaders and could damage U.S. relations with its allies. However, evidence suggests that the anger expressed by French and German leaders could be mostly theatrical, a show meant to increase pressure on Washington to expand an intelligence-sharing arrangement between America and other English-speaking countries. Read the Full LIGNET Analysis – Upgrade for $1 — Go Here Now Million Mask March: A Masquerade, or a Legitimate Movement? Controversial "hacktivist" group Anonymous has called for a Million Mask March to take place today in cities around the world, featuring the ubiquitous Guy Fawkes masks often seen at anti-government protests. It's not clear what the protests will achieve beyond a short burst of publicity: Anonymous has no leaders, no membership rolls and no clearly articulated goals embraced by all its members. It does, however, have some very dangerous and destructive ideas. Read the Full LIGNET Analysis – Upgrade for $1 — Go Here Now How China Is Forcing Japan's Hand in the South China Sea China's drone exercises around the disputed Senkaku Islands are not leaving Japan many viable options. Shooting down a drone would give China a good excuse to flex its military muscle, but failure to act would give China an opportunity to increase its presence in the area and eventually claim ownership of the islands.What can Washington do to avert a showdown in the South China Sea? Read the Full LIGNET Analysis – Upgrade for $1 — Go Here Now See LIGNET.com Homepage – Go Here Now
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