Though I agree with Jim Rogers, I think that the U.S Fed will not let the stock market fall too much this year. They are going to inject so much money into the stock market in 2012 to make it look like everything is “honky dory” so that Obama can get re-elected.
This of course will be a silent, money printing and injection of capital through the backdoor to manipulate markets.
Don’t believe what the western media, especially what Hollywood studios have forced you over the past decade or more. The Hollywood, government owned media like FOX, CBS, NBC and many newspaper have stereotyped the look of Muslim’s as dark skin, dark hair and dark brown eyes.
You have understand that the reason why Muslim’s have been pinned as the bad people is because of the needed support for war with middle eastern countries by the United States and Europe.
Tons of retail chains are closing stores, and also food chains aren’t doing well as well. Have a listen, the reality is that much of the United States are still in a recession / depression.
Topics:
1. Has enough been done to keep Greece within the Eurozone?
2. A new twist on the dollar losing reserve currency status
3. Does a precipitous decline in US equity values lie ahead?
The Central Bank of Canada published data showing that younger Canadians are more debt-strapped than Canadians of the same age were just over a decade earlier (10 years ago). In 2010, the bank said the mean real debt load of a typical household led by people aged 31-35 was $120,000, up from $75,000 in 1999.
In the past when there is a surge in oil prices / gasoline prices at the pump, this is generally a pre-cursor to a new recession. Heck, I don’t even think we left the last recession, anyway since October 2011 until now, there have been a upswing of 40% in the cost of oil.
The price of gasoline at the pump this summer is going to be high.
When I learned of how the United States (America) has let their debt go out of control and as well over extended their military about 5 years ago, I immediately thought about the Roman Empire.
American’s tax dollars are still being used to bail out the financial system. Secret bail outs will keep the United States in-debted continuously, there seems to be no end in sight.
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