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Re: Black Swan alert!
Black Swan? More like a ticking time bomb, where the time setting mechanism has been destroyed. Time to dump my swiss franc etf holdings.It's the Debt, stupid!! -
Re: Black Swan alert!
Why isn't anyone highlighting the 2008 Financial Report of the US Gov't? It clearly shows 65 Trillion reasons that Gold is going to 2500....
http://www.fms.treas.gov/fr/
http://www.worldnetdaily.com/index.p...w&pageId=88851
Federal Obligations of the USA exceed World GDPComment
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Re: Black Swan alert!
this is shocking, americans will have no old age medical insurance.Comment
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Re: Black Swan alert!
Aggregating estimated obligations for the biggest economy in the world for decades adds up to a big number. Obviously. Social Security, at least, is solvent for the next 30 years or so. Medicare is another story... Inflation to the rescue!Originally posted by hasbeenblocktrader View Post
http://www.brendan-nyhan.com/blog/20...ait-on-en.htmlComment
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Re: Black Swan alert!
With all this "stimulus", aka debt multiplication, going on I'd have thought no item of Government expenditure would be safe for even the next 5 years let alone 30!Comment
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