Wednesday, January 7, 2009

January 7, 2009

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trillion dollar deficits, trillion dollar stimulus plan, american world empire, trillion has become the new billion, dollar crisis much bigger then economic crisis, we can't continue to do what we are doing now


  1. "trillion has become the new billion"

    lol. That is my new favorite line.

  2. My god, with all the bailouts and government debt, a trillion doesn't seem to big anymore!

  3. I'll bet it will seem big when a gallon of milk or a loaf of bread costs $25.00. There is no way out of the worst inflation and depression this country has ever seen, and God knows what will become of us. Gold, Silver and hide it GOOD.

  4. Well Peter schiff for example doesn't think it will be a world depression. Maybe a US depression but not like in the 1930's worldwide.

    (and by the way, you can't eat gold and silver ;)

  5. You can eat gold and silver when there is a black market that only accepts gold and silver.
    When this inflation hits us, the purchasing power of our US "fiat" currency which is backed by nothing will plummet.
    Gold and silver represent REAL wealth. Always have, always will.
    By turning your US dollars into Gold and Silver or a foreign currency such as Swiss Francs now while the price is still low you can preserve your wealth. If you wait and inflation slams into us, your dollars won't be worth squat. I expect Gold to go to 5k an ounce or more, Silver could be 50 to 100 an ounce. I am buying all I can get my hands on.

  6. The only question is, how long will all this new created money become inflation? 1 year? 2 years? We all know that is it is coming. But when???