Economic Collapse - Two Trillion Hidden

The federal government is refusing to disclose where $2 trillion of American taxpayer money is going. The Fed is using the money to bail out more banks, but why wont it reveal which ones?

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[Tobacc0]

Yes, yes, "buy gold!". We've heard it a million times. But

1. The tape-looped screech of gold bugs makes the problems worse. Gold is a rock. It sits there and does nothing. Just sucks money from the system and parks it immovably on kitchen tables around the world. You'd be much better off buying JP Yen.

2.-Being the naive fundamentalists that gold bugs are, they might find themselves crying if govt.'s decide to "regulate" gold prices and holdings as an easy target to prevent cash catastrophes.

[rocksiphone]

The only thing the Yen is Paper, gold is used for many things and was a currency for thousands of years

[dave777blaster]

Forbes Mag "bailout now at 5 trillion"

no end in sight

dollar already down 65%

more people will lose their homes

more businesses go out of business

American debts 500 trillion cant be paid

Bankrupted country heading  for the third world

[rocksiphone]

They shut down QVC Studio in West Chester, Pa yesterday. They had cops there and told everybody to clean their desks out. They will use another location to save money

[tbursee]

A lot of it went to foreign investors that were duped into investing in these sub prime mortgages that have been foreclosed on and totally tanked the real estate market.

[MaelMan82]

There's more than that hidden.

Check out WALTER BURIEN JR. video on Google called

"The Biggest Game In Town"

it'll blow your mind when he explains the "Comprehensive Financial Annual Reports" and how much money the Gov really has.

[EmpireStrikesOut]

"Sure yen is paper. But economies are more complex now"

Actually, economies are very fucking simple. They always have been. They're based on human emotion. And greed always loses in the end. Sad.

[EmpireStrikesOut]

"Yes, yes, "buy gold!". We've heard it a million times. But

1. The tape-looped screech of gold bugs makes the problems worse. Gold is a rock"

Actually, gold is a commodity that requires a shitload of ass-busting to acquire. The U.S. dollar, on the other hand, can be electronically printed into the quintillions, and Americans can keep borrowing their asses off to infinity.

Until now. You cannot base an economy on something worthless. Sorry.

[Tobacc0]

Sure yen is paper. But economies are more complex now. It's not "bad" to have paper currency unless the issuer has been rigging the game. The US and most other 1st world countries owe Billions to Japan they borrowed at low interest.. To pay off they must buy yen, driving the price up. The yen's trend graph over the last 20 years is the inverse to the Dow Jones. To make money or just even successfully avoiding losing out one needs at least some strategy more sophisticated than, well.. hoarding.

[mrcool011]

HAHAHAHA I'm gonna have fun watching it burn. Fools will be punished.(most, not the ones in office, but the morons who voted them in will pay for their actions.

[dave777blaster]

dang its all bad I hope it bottoms soon

its going to start being really nasty if it doesn't turn