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Erskine Bowles Testifies On 'the Most Predictable Economic Crisis' in History

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Uploaded by on Apr 4, 2011

Erskine Bowles testifies that the fiscal path the U.S. is currently on is headed towards disaster.

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  • @SFLTroy I would however sell it before it goes to because I believe that everything including gold and silver and all will crash...there will be no way to pay anything to anyone who owns it leaving it worthless. Argentina Americatina same thing. I live in Canada which will becoem Canatina when you fall some deny this but we are not going to sustain our current economy without you all!

  • My head keeps playing Roy Orbison 1964 - "It's Over". No election is going to change this.

    All the puppet legislators are going to do is raise every kind of tax and fee to keep their friends in champagne, while they feed us cows more inflation & BS until the end.

    Stock up.

  • Food, water, toilet paper, and ammo. Thats all I need. I started buying silver last year when it was $20 dollars an ounce. Now its almost at $40. Beat that stock market!

  • @zimbotiger No argument from me - the paleo conservatives are the only ones that seem to care.

  • @apelove4u I realize that.. isn't that a bit scary?

  • @clayguy1 Prove it. There has not been an inventory since the 1950's.

  • you don't have to be a genius to know we are in bad shape!

    you don't have to be a genius to know that they won't and can't fix it!

    silver and gold is all you can depend on

  • Right now Democrats act like Republicans are acting irresponsible with this shut down of government, but huge deficits that will pass the cost of our benefits for us on to our children is REALLY irresponsible.

  • The United States Bullion Depository holds 4,603 tons (4,176 metric tons) of gold bullion (147.4 million troy ounces[1]). This is roughly 2.5% of all the gold ever refined throughout human history. Even so, the depository is second in the United States to the Federal Reserve Bank of New York's underground vault in Manhattan, which holds 5,000 metric tons of gold, some of it in trust for foreign nations, central banks and official international organizations.

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