posted on Dec, 29 2005 @ 09:21 PM
I think i'd invest some good horticulture knowledge, since growing your own food will be the new "in thing" when everything comes a-crashing down
real soon. Am I living on the same earth as you guys? Or even the same country? What the Fed did on November 10th was not simply getting rid of a
rather outmoded measure of the money supply, it also hid a key tool that would show that we are monetizing our current account deficit.
The discontinuation of M3 reports is a relatively minor matter compared to growth in areas of the U.S. payments system that are not regulated by the
Fed and not well monitored by them. But it is unsettling. It detracts from the transparency the Fed preaches and adds to the suspicion that the Fed
wants to hide anything showing money growth high enough to fuel inflation, just so people won't know how bad it is and possibly react and thus make
Foreign investors are just lining up to buy up our T-bills
, through the loosely regulated hedge fund system that is absolutely a money
launderer's delight. And when we begin making it a policy to open up our borders to illegal immigrants so that we help prop up our economy with the
cheap labor and such, you know things are going to take a turn for the worse.
According to published reports, about 80 percent of the global hedge funds are registered with the Cayman Islands Monetary Authority. During the first
half of 2005, the number of Cayman Island’s registered hedge fund operators rose from 5,932 to 6,527. -
And this was all going on before Katrina... tsk tsk
A quick crash course on what's really
going on with our economy can be found on Mark Watson's
under American Issues, titled The Coming Economic Depression. They're a series, with this
being the latest.