Each year, David Collum produces a review. It covers a lot. Let me begin with the overall assessment.
We have a massive global debt problem that will take years to unwind. Some think it is a zero-sum game, but I disagree. The World is blanketed with people fully aware of what has been promised to them but oblivious to their share of the tab. The average tax payer in the US, for example, is unaware that they owe $30,000 simply to pay off the state pension liabilities to some average tax payers. Larry Kotlikoff, the undisputed World’s expert on unfunded liabilities, estimates there are $211 trillion. This is approximately $2 million per taxpayer. Do you think taxpayers have budgeted for that one?
Contents
- Background
- Investing
- Just Thoughts
- All the Devils Are Here
- Buffett Takes a Bath
- Precious Metals and Currency Wars
- Energy and Resources
- Europe
- Federal Reserve, Bailouts, and Bank Reflations
- MF Global and Rehypothecation:
- Leverage in a Fractional Reserve World
- Nobody Saw It Coming
- Apocalypse Now—The Sequel: A Casting Call for Colonel Kurtz
- The Constitution and the Fourth Estate
- Where to From Here?
- Books
- Acknowledgement
- Links
Stupid tax payers have no idea how deep a hole we are in !!!! The MSM is wall to wall this "Experts" saying everything is OK. Backing up Obama's lies, or his Muslim non recognition of debt.
There's not enough money in the world to pay this country's debt! We're doomed!
And when the whole house of cards collapses, George Bush will be blamed.
Hello To All,
Now you can help make the corrections toward the problems in Our Republic that you want to correct!
When the people fear the government, that’s Tyranny!
When the government fears the people, that’s Liberty!
All that is necessary for evil to triumph is for good men to do nothing!
Now Is the Time for All Good Men and Women to come to the aid of Our Country!
Make the Difference and Take a Stand with other Good Men and Women.
Info @ http://www.wakeupamerica.com/constitutionalbelievers
Take Care and GOD BLESS The Whole World!
Sincerely
Mr. Harris
ConstitutionalBelievers@hot.rr.com