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The USGovt creditors are in control. The August Hat Trick Letter reports have identified five major factors pointing to a severely stressful period of time at the end of August and into September. The FDIC is scheduled to release its Second Quarter Report that could reveal up to 1000 banks expected to croak, surely enough to exhaust their rescue fund by between 20-fold and 100-fold. Tin cups are heading to the USCongress committees. The USGovt federal limit must be extended again, and Treasury S
Originally posted by Asktheanimals
I always take your post seriously EU but this look like another buy some precious metals site. Not that I don't believe what he is saying mind you, the economy is in bad trouble. Why the hell can't we just declare bakruptcy as a nation?
I agree that a meltdown may be unavoidable; it seems the government has been doing everything in their power to make it happen. I doubt that just the swine flu vaccination program is quite enough to tip the cart so I'm putting my money on a double whammy of some sort - economic collapse or a another 9/11 event.
Originally posted by ElectricUniverse
reply to post by Asktheanimals
Yeah, i don't like it when some people try to use a crisis, such as the one we are in to try to make sales. However i saw a lot of information that this particular article was giving, and thought it would be good to post it to at least check the information out.