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Gregory Mannarino’s The Game is Rigged
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European Central Bank Rescue Fund Won’t Solver Crisis
The European Central Bank Rescue Fund rescue fund being set up will not solve the crisis. No matter how many paper euros they put into it. When multiple socialist economies spend far more than they bring in, is that really any surprise? The one thing that can be counted on is when this falls apart for Europe, then the U.S., it will be ugly. I mean so ugly that it will give Freddy Kruegger nightmares.
Brazil will push for its large emerging-market peers to denounce unfair monetary policies by the E.U. and the U.S.. Of course, with the manipulated printing and scheming by the E.U. and the U.S., they may not have to do anything but wait for the big fall.
Your Retirement Funds Will Be Confiscated Eventually
The system is going to implode and you need to know and be sure of that. This September, the U.S. government will run out of money AGAIN! Democrats in the Senate held a recess hearing to seize private 401(k) plans to more “fairly” distribute taxpayer-funded pensions to everyone. In short, keep stacking physical and get out of paper.
Bank Closings Signal Coming Collapse
FDIC spent almost a billion dollars on failed banks in January of 2012 alone. FDIC contingent loss reserve fell from $7.2 billion to $6.5 billion in the last quarter of 2011 alone. Add this to the Global Derivatives exposure, that roughly estimated at 1,000 trillion dollars, and things are looking bad. Make no mistake, the Federal Reserve will accelerate their printing to cover 119 trillion dollars currently in circulation. It will happen. The only question is when.
Rising Gas Prices Take Toll On American Families
According to a Washington Post/ABC News poll, two-thirds of Americans are very concerned about rising gas prices, and about half of Americans believe prices will continue to rise. Despite the moratorium on Gulf oil drilling and other actions, Barry err Barack Obama is still blaming Bush for gas prices.
You Don’t Have To Be A Criminal Sexual Deviant To Work For The TSA… But It Helps
Obama’s civilian military counterpart, known as the TSA, appears to be made up of thieves, criminals, pedophiles, sexual perverts, and other deviant low life scum bags. Placing blue shirts on these waste-of-skin monsters is like placing lipstick on a pig. No wonder there is an ongoing effort to curb their powers. Janet Napolitano must be so proud of his pet SS force.
Fed Buying 61 Percent of US Debt
In 2011, the Federal Reserve purchased a stunning 61 percent of the total net Treasury issuance. Fed intervention in the government debt market makes demand for Treasury bonds appear higher than it really is. Bet your glad that Sugar Daddy Bernanke stated that the Federal Reserve will not monetize the debt.
Finally, Please prepare now for the escalating economic and social unrest. Good Day