Looming crises golden exits

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investorzzo's picture
investorzzo
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Posts: 1182
Looming crises golden exits

The consequences of the degradation of money over time are now with us; and because the loss of value was gradual, it went largely unnoticed, much as an undetected cancer grows surreptitiously until it is too late. What is happening now took decades to develop and its resolution is not over.

(This is where we are today, in a late-stage monetary crisis where only massive doses of borrowed money from heavily indebted governments buying their own debt are keeping major economies afloat, e.g. the US, the UK, and Japan. The global economy is surviving only because it’s on full blown artificial life-support)

The info in the parenthesis is from Chris Martenson site. I know because I wrote him about he article or maybe he already new. Jon

http://www.financialsense.com/fsu/editorials/schoon/2009/0827.html

 

investorzzo's picture
investorzzo
Status: Diamond Member (Offline)
Joined: Nov 7 2008
Posts: 1182

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