14 Responses to Pumping up financial markets as Fed prints its way to economic oblivion and credit downgrades

  1. Montana Jim says:

    Because it is not called a bailout most people do not realize that it is a bailout

  2. Joseph t. Repas says:

    This strategy failed Germany in the 1930’s and will fail us in the USA also.

  3. Ross says:

    When they did this in post war Germany bread cost a wheel barrow full of $100 notes….what makes them think it will work this time?

  4. Irene C says:

    My mother lived through the post war depression in Austria. Her aunt would sew clothes just for food. To get one egg was a prize.

    5 When the Lamb opened the third seal, I heard the third living creature say, “Come!” I looked, and there before me was a black horse! Its rider was holding a pair of scales in his hand. 6 Then I heard what sounded like a voice among the four living creatures, saying, “Two pounds (about 1 kilogram) of wheat for a day’s wages, and six pounds (about 3 kilograms) of barley for a day’s wages, and do not damage the oil and the wine!” – Revelation 6:5-6

    Make sure your seatbelt is fastened and keep arms and legs inside the ride at all times. If you’ve never been a praying person, now would be a good time to start.

    Maranatha

  5. canadianprepper says:

    Correct if I’m wrong but this downgrade to aa- really doesn’t count as it is not tbe sp downgrade

  6. Daniel Katz says:

    Forget the cash !

    Buy gold and silver bullion. and some loose diamonds.

    War is looming

    • onthemark55 says:

      Wouldn’t they hurt the digestive system? :) How about water, food, clothing and assorted sundries and a place to hide.

      • Joseph t. Repas says:

        So true onthemark55…. The day is quickly approaching when gold, silver. and gems will be totally worthless because you can not eat gold. The Hebrews found that out when Moses came back down the mountain and made many of them drink the golden calf.

  7. Jaded Pickles says:

    It seems obvious that no one has a clue what to do to fix the economy. I would start by reading the novel Atlas Shrugged.

  8. Jaded Pickles says:

    Alvin, are we headed down the same road as the Roman Empire?

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