MilitaryArms
Master
- Apr 19, 2008
- 2,751
- 48
A good chunk of our stimulus money went to foreign banks it turns out. Gee, why doesn't this surprise me?
FT.com / US / Economy & Fed - European banks took big slice of Fed aid
Not only that, but now we're talking about sending them some more money... money we don't have. Money we have to print which devalues our own currency, puts additional strain on our economy and has already caused Russia and China to dump the dollar as their trade currency.
News Headlines
What we're seeing here is the end of prosperity as we know it. For the rest of our lives we're going to talk about the "good old days" where we made money in the stock market, had great retirement funds, and had a bright future.
Don't be surprised if what we're seeing here isn't the beginnings of a global currency. As things worsen you will start to see Congresscritters calling for a fix, a fix that will come in a proposal to create a single global currency and thus a global economy that we will be told we'll have better control over.
The same control we had over our own economy when our government created the housing bubble that burst taking the worlds economy down with it.
We're being lead by a bunch of idiots.
FT.com / US / Economy & Fed - European banks took big slice of Fed aid
Not only that, but now we're talking about sending them some more money... money we don't have. Money we have to print which devalues our own currency, puts additional strain on our economy and has already caused Russia and China to dump the dollar as their trade currency.
News Headlines
What we're seeing here is the end of prosperity as we know it. For the rest of our lives we're going to talk about the "good old days" where we made money in the stock market, had great retirement funds, and had a bright future.
Don't be surprised if what we're seeing here isn't the beginnings of a global currency. As things worsen you will start to see Congresscritters calling for a fix, a fix that will come in a proposal to create a single global currency and thus a global economy that we will be told we'll have better control over.
The same control we had over our own economy when our government created the housing bubble that burst taking the worlds economy down with it.
We're being lead by a bunch of idiots.
