The Final Swindle Of Private American Wealth Has Begun

Posted by UncommonSense 11 years, 2 months ago to Economics
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Ok, yes it's a long read, but well worth the time. If you have significant $$ you had the discipline to save, well guess what? The Looters want it now. What are you going to do? This is FYI.
SOURCE URL: http://www.alt-market.com/articles/1977-the-final-swindle-of-private-american-wealth-has-begun


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  • Posted by ObjectiveAnalyst 11 years, 2 months ago
    If these predictions turn out to be correct. Will our best means of exchange be skills you can barter with? The fiat money will be worthless. Precious metals will have value but you better have them buried in your back yard... Most depressing.
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  • Posted by khalling 11 years, 2 months ago
    I agree with some of the analysis, but not about the tapering. I don 't see tapering as a bad thing. It 's going to be painful. The myra thing seems scary.
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  • Posted by mminnick 11 years, 2 months ago
    This is a thought provoking article. There is a lot of information in it and it takes a while to read all of it. It is worth reading.
    I do not agree with some of the statements made and some of the reasoning behind some of the statement. I don't dismiss them, I just don't agree with the conclusions. this is a "knee jerk" reaction and I'll have to study the information presented and view some of the reference links closely. Some of the information sources I'm not familiar with so will need to erify. but there is one thing I will state about this article. If even 1/2 is correct perhaps even 1/3 correct we are needed for some economic tissues the likes we have not seen since the Great Depression or ever.
    Read this article and decide for yourself what you think is true. Decide for yourself whether you think the Government and the Fed are capable of what is outline and presented here.
    Think for yourself and take what ever actions you think warranted for yourself and your family.
    but take some precautions.

    Note: I speak in the first person like I'm an expert in this particular field of economics. I'm not. My field of economic study was Mathematical economics. I.e. building models of economic systems and policies and studying the impacts of decisions on them. I have not studied this aspect but assure you I will be.
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