Draggingtree Posted April 13, 2013 Share Posted April 13, 2013 Flopping Aces: 12Apr The Aerodynamics of Nihilism Mark Grant @ Zero Hedge: We live in a world now which may be described as, “Nothing Matters.” “Nothing matters until the day that it does and then everyone asks why it didn’t matter before.” -The Wizard The money pours in each month from America, Europe and Japan and overrides anything and everything else. With pre-payments and calls the estimated amount of money provided by the Fed for the world’s monetary supply is approximately $100 billion every month. It is not just the American banks that are the recipients of the hand-out but the foreign ones who ship it back to Europe or buy European sovereign debt courtesy of Mr. Bernanke. I suspect that if the American taxpayers were aware of the scheme that the citizens would not be pleased but then what the Fed is doing is not generally part of polite conversation in America and so it is not discussed. Link to comment Share on other sites More sharing options...
Valin Posted April 13, 2013 Share Posted April 13, 2013 As I keep saying Trends that cannot continue.....won't. The thing is, it is still not to late to really do something to correct this trend. We are however I fear approaching the point where it will be To Late 1 Link to comment Share on other sites More sharing options...
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