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QE2 may sentence 60 million in US to cold and hungry winter

A forum for discussion of regional topics including oil depletion but also government, society, and the future.

Re: QE2 may sentence 60 million in US to cold and hungry win

Unread postby Crazy_Dad » Tue 09 Nov 2010, 06:39:02

So depressing. The same is occuring here slowly(Then quickly when our osteriches figure out what is happening) in Australia. The Sheeple have not caught on yet.

60 million is a sizeable army, even if they are armed with pitchforks. Although Glocks is more likely if I am to believe the hype we get here.

Nobody deserves a free ride in life. But when the odds are stacked against you by the robber barons of the Fed and Wall street, you have my sympathy. We got bailouts here of corporations during GFC part one, the property speculation sector also got a hand up. To protect the investments as long as possible of the boomers and hangers on.

Zerohedge is providing a service to the community both in the USA and elswhere. I just wished they were not so 'on the money'.

End of growth is a good thing. It may save our planet. I hope that helps those who are suffering now.
I live hand to mouth here despite working full time. Just to make that clear.
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Re: QE2 may sentence 60 million in US to cold and hungry win

Unread postby Sixstrings » Tue 09 Nov 2010, 15:07:58

Some more QE2 doom:

$this->bbcode_second_pass_quote('', '[')b]Mark Fisher Slams Bernanke: "QE Is Going To End Bad...This Is Going To Be The Bubble Of All Bubbles"

Parabolic moves have Parabolic corrections. This is going to end bad. It is not a matter of if, just a matter of when. This is going to be the ultimate bubble, this is going to make 2000 look like a cakewalk. This is going to be the bubble of all bubbles."

The argument is pretty simple - if the Fed was right, it would just print a quadrillion $ right now, openly buy every single security, monetize every single bond ever, and presto: full unemployment, no slack, and a perfectly functioning economy. In other words, Utopia, through the magic of central planning.
http://www.zerohedge.com/article/mark-fisher-slams-bernanke-qe-going-end-badthis-going-be-bubble-all-bubbles
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