1. Problem: The elite created the problem.
2. Reaction: The elite made sure through corporate media that people will react a certain way. “We need to do something!”
3. Solution: The elite offers the “only” solution, which is “to safe” Wall Street’s elite who created the problem in the first place, relieving the major banks and investment firms of their mountainous rotten assets and let the taxpayers pay for it.
The much bigger problem is that the derivatives market is unwinding and that problem is to big to bail-out:
According to the International Swaps and Derivatives Association, $62 trillion is the notional value of credit default swaps (CDS) out there, somewhere, in the market.
And so in the not too distant future the Dollar and the U.S. will most probably fail.
I would buy gold and silver and stock up food and water (etc.) to prepare myself for such an event.
Silver might be even the better investment. I see it not so much as an investment to make money, but rather as an investment to protect my future.
Sept. 22, 2008
The Infinite Unknown