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Message: Re: More on Bank Bailouts
1
Jan 28, 2011 11:28PM
  • The current world monetary and financial system is dead. No amount of money printing can mask the fact that most major banks in the western world are bankrupt. You cannot solve an insolvency problem with massive injection of liquidity. Pumping blood to a heart that has stopped will not revive the dead. A global monetary crisis is brewing just over the horizon! The world will awaken to the fact that fiat currencies are a CONfidence Job! A new monetary order is coming and it will be backed by gold!
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