Friday, August 21, 2009

Bank holiday Monday, Updated as info available

As written in a previous post there was some talk about a possible bank holday. this post is to confirm another source that one needs to consider.

Click on session 22, (at the link provided below) to listen to or download.

Slide forward to 1:07:00

FDIC broke and dollar is collapsing, bank holiday This coming Monday!!?
The beginning of Gods judgement? You decide.

Here are the list of failed banks so far. Do you see what I see?

Sunday, August 23, 2009 ( click on latest broadcats, bank closures)
( If this doesnt open, go to and type "bank holiday" in the search box)

a lesson in economic history: The fall of the Roman empire

Monday, August 24, 2009 12:41AM

Every few months a chart comes along that needs almost no follow-on paragraphs to make the point of the issue. The chart provided by CIGA Eric covers several important types of US$-based bonds, their inflow and outflow, and the aggregate GrandNet. The financial data is publicly available from the USGovt TIC Reports. The messages are clear. Inflows of foreign funds are dwindling. In the case of USAgency Mortgage Bonds and USCorp Bonds, the nation is witnessing something unprecedented, the net outflow of funds. This is outright rejection. This chart exposes the isolation problem of the USDollar in the bond world, clearly the most important market beneath the currency market. The printing press is the last option. full article here:
Here's your debit card:

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