Japan is keeping up their recent tradition of quantitative easing. QE8 came in September, QE9 came in October and now QE10 has been announced. Although Japan is on QE10, while the U.S. is on QE4, it will not be long before the U.S. catches up to Japan on the QE number factor.
The U.S. economy grew at a 3.1% annual rate in the third quarter. At 1.48%, nearly half of the entire 3.1% annualized growth, was derived from government and inventories. In addition, applications for jobless benefits totaled 361,000 last week.
Gold Backed Yuan
Officials at the Federal Reserve recently announced they are willing to print over $1 trillion worth of paper in the next 12 months. What the Federal Reserve cannot print is food, water, and physical commodities. The Chinese obviously get this and they are securing, and hoarding, these critical resources. In short, the drop in commodity prices, with all this printing make no logical sense and people will soon awaken to this reality. With that said, after preparing, keep stacking physical.
Fannie Mae, Freddie Mac Loss Tops $3 Billion
The fascist organizations of Fannie Mae and Freddie Mac have lost another three billion dollars. Now get this, LIBOR, where there is growing evidence of collusion with multiple banks, may be involved with the amount of losses involved. Kind of puts that 1.5 billion dollar fine that UBS has to pay into perspective. You know, they were too big to go to jail.
20 Signs Poverty Hitting The Young The Hardest
Here are a few…
1. One out of five children currently live in poverty.
2. 53% of all Americans in the 18 to 24 age group are living at home.
3. Young adult employment is now at the lowest level that we have seen since World War II.
4. Obama’s drones kill children.
Texas Department of Public Safety Runs For Cover
After the police dashboard video, and the filing of a lawsuit, were made public, officials at the Texas Department of Public Safety finally believed it was time to suspend the state trooper who conducted a roadside full-body cavity search of two women. Make no mistake. It was only the public light that brought about this action because the Texas Rangers, after the complaint was previously filed, apparently saw nothing wrong with the video showing the roadside full-body cavity search. So, will the officer, and the officers, who tried to brush the incident under the rug, be fired and brought up on charges? Don’t hold your breath. In fact, unreliable sources claim that the officer has already been offered a job with the TSA.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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