Perhaps, at an earlier time in our country's history, it might have made sense for Secretary of State John Kerry to formulate a $1 billion loan guarantee for Ukraine. Besides working with the International Monetary Fund and international organizations to arrange the loan, the Obama administration is also considering additional direct assistance to Ukraine.
But the United States itself could soon end up becoming a bigger version of Spain or Greece, two countries that are in the depths of financial crisis. We are no longer a rich country, but a nation on the edge of financial ruin. With a $16 trillion dollar debt, we have to borrow money from China and other nations to stay afloat.
US credit will certainly experience a downgrade if the public debt balloons to $21 trillion, and it looks as if Kerry is speeding us on our way with his wishes to conserve the Ukraine. What if the United States placed its money to put people back to work? In the United States, the rising unemployment rate is probably twice the official rate of 8.2 percent.
Leading economic experts like Wiedemer, as far back as 2006, were discussing the looming collapse of the United States housing market, a decrease in the equity markets, and a fall in customer spending due to increasing personal debt. Today, a lot of what he forecasted is showing up in trends like high joblessness, a diving stock market, and a spiking yearly cost of living.
Federal Reserve Chairman Ben Bernanke as well as former Chairman Alan Greenspan, entrusted with damage control, have done just the opposite. And while the crisis they engineered by reckless printing money continues unabated, Kerry has toured the Ukraine, promised aid, and warned Putin to de-escalate his military.
Now, if that's not insane enough, here's another twist to the story. While the Obama administration is going to work with Congress to provide a $1 billion loan guarantee to help insulate that country from reduced energy subsidies, Russia will probably counter that effort by raising gas prices. Since Russians are the majority holders of Ukrainian debt, the money from the U.S. will end up in Russian banks.
It resembles the Titanic's captain and staff playing Texas Hold'em while the ship is heading straight for an iceberg. We have been talking about investing in your future for a long time now by getting God's money -- precious metals like Gold and Silver-- because it will not be long now before the paper in your wallet will certainly be worthless.
But the United States itself could soon end up becoming a bigger version of Spain or Greece, two countries that are in the depths of financial crisis. We are no longer a rich country, but a nation on the edge of financial ruin. With a $16 trillion dollar debt, we have to borrow money from China and other nations to stay afloat.
US credit will certainly experience a downgrade if the public debt balloons to $21 trillion, and it looks as if Kerry is speeding us on our way with his wishes to conserve the Ukraine. What if the United States placed its money to put people back to work? In the United States, the rising unemployment rate is probably twice the official rate of 8.2 percent.
Leading economic experts like Wiedemer, as far back as 2006, were discussing the looming collapse of the United States housing market, a decrease in the equity markets, and a fall in customer spending due to increasing personal debt. Today, a lot of what he forecasted is showing up in trends like high joblessness, a diving stock market, and a spiking yearly cost of living.
Federal Reserve Chairman Ben Bernanke as well as former Chairman Alan Greenspan, entrusted with damage control, have done just the opposite. And while the crisis they engineered by reckless printing money continues unabated, Kerry has toured the Ukraine, promised aid, and warned Putin to de-escalate his military.
Now, if that's not insane enough, here's another twist to the story. While the Obama administration is going to work with Congress to provide a $1 billion loan guarantee to help insulate that country from reduced energy subsidies, Russia will probably counter that effort by raising gas prices. Since Russians are the majority holders of Ukrainian debt, the money from the U.S. will end up in Russian banks.
It resembles the Titanic's captain and staff playing Texas Hold'em while the ship is heading straight for an iceberg. We have been talking about investing in your future for a long time now by getting God's money -- precious metals like Gold and Silver-- because it will not be long now before the paper in your wallet will certainly be worthless.
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Learn more about precious metal investing. Stop by Anne Trimble's site where you can find out all about gold and silver and what it can do for you.
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