U.S. Debt COLLAPSE Imminent Because of THIS! Worse Than Financial Crisis!

in #money8 years ago

Easy monetary policies are the number #1 priority for central banks. This is also the case for corporations as well. You can’t escape them. As discussed previously, companies force products and services onto people who do not ask for them and do not need them at all. They simply try to postpone the inevitable: A grand crisis which is EXPECTED by everyone but ACCEPTED by only a handful of us.

I went on quite long so I split this into 2 parts. Stay tuned for the second part.

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In This Episode:
Easy monetary policies are the number #1 priority for central banks. This is also the case for corporations as well. You can’t escape them. As discussed previously, companies force products and services onto people who do not ask for them and do not need them at all. They simply try to postpone the inevitable: A grand crisis which is EXPECTED by everyone but ACCEPTED by only a handful of us.

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Of course Goldman will securitize these loans and sell them off to pension funds. The pension fund managers most likely know they are buying rubbish but would not care as long as they get their 2% fee. Should make for a spectacular collapse when time comes. A good and insightful article.