Bernanke did suggest the possibility of more quantitative easing, i.e., QE3 (let’s not lose count) last night on 60 Minutes. He also said that in 10, 15 or 20 years’ time, “there won’t be any money left for the military or for any other services the government provides” (referring to the U.S., of course).
Lots of [...]
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November 30, 2010 · 1 comment
in 2010, Federal Reserve, US Treasury, US economy, banks, capitalism, central banks, economy, forecasts, government, market reports, media, news and updates, theories, world order
Rumor now has it that Wikileaks’ next leak will be the bust of a major American bank. The exciting question, perhaps, is less what the details might be (we’ve basically seen it all over the past two years, if we’ve been paying attention) than what bank Wikileaks will bust.
Julian Assange, the creator of Wikileaks, did [...]
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What if “They” (the Fed, central banks, hedge fund managers, I-bankers, etc.) knew all along how bad it was going to be and the last 6-8 months have been a careful, steady public letdown, slowly leaking the info out to the market so as to hopefully attenuate the crash rather than to let it all [...]
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