Tuesday, July 26, 2011

STOCKS SOAR ON DEBT DEFAULT...!!

THE STREET CAN HARDLY MUSTER A DECLINE TO "PROVE" THAT THEY ARE AGAINST THE DEFAULT...

THIS IS ALL A SHAM TO GET RID OF SOCIAL SECURITY AND MEDICARE...

CURIOUSLY...IF THE STREET 'WINS'...AS USUAL IT LOSES...BECAUSE DEMAND WILL FALL AGAIN...AS AMERICAN CONSUMERS ARE REDUCED TO SUBSISTENCE LIFESTYLES...

THE AMERICAN ECONOMY HAS SHRUNK...THE PROOF IS THE PRICE OF GOLD...NOT THE NOMINAL GDP PRICED IN DOLLARS...

AMERICA IS OUT OF THE PICTURE IN THE GLOBAL ECONOMY...WITHIN A FEW YEARS...THE US AND LATIN AMERICA ARE MERGING INTO AN ECONOMIC SECOND TIER ...THAT WILL LAST FOR THE REST OF THIS CENTURY.