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Future Money Trends Report - - - Episode 2 - July 22, 2011

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Published on Jul 22, 2011

Two Top Stocks: http://www.FutureMoneyTrends.com/Invest
Visit & Share Our BLOG: http://FMTBlog.com

http://futuremoneytrends.com

As unemployment and inflation remain high, U.S. consumers are increasingly using their credit cards for life's necessities. Now just image how Americans finances would be without government support such as 'Food Stamps' which help 45 Million of us now.
http://www.bloomberg.com/news/2011-07...
http://wonkette.com/446686/with-45-mi...

The debt ceiling debate is still roaring and the current news is a potential deal to cut only $3 trillion over TEN years. But white house sources are denying that any deal is close to completion.
http://www.zerohedge.com/article/upda...
http://www.cbsnews.com/8301-503544_16...

Tuesday the House passed the 'Cut, Cap and Balance' bill. The bill allows a debt ceiling increase only after Congress would approve a balanced budget amendment to the U.S. Constitution. However unlikely, this would surely help the United States return to fiscal sanity, a freer market and thusly prosper. The Senate is expected to vote on the bill today.
http://www.foxnews.com/politics/2011/...
http://www.politico.com/news/stories/...
http://www.slate.com/blogs/weigel/201...

Although destructive in other ways, if the debt ceiling is not raised the U.S. will not or should not default on it's foreign obligations. As Ron Paul states, they're trying to frighten people with default.
http://www.youtube.com/watch?v=bXKrdE... @1:35

A new Greek recovery plan rallied the euro Thursday and is supposedly going to give Greece a longer period of time to pay back their bailout loans.
http://www.guardian.co.uk/business/20...
http://www.zerohedge.com/article/gues...

It is only a matter of time before countries like Germany, who are holding the bag for Greece and other bailout countries, to leave the Euro to escape from being responsible for another nation's debt.
http://www.zerohedge.com/article/fata...

Gold breaks 1600 this past week and today the Hong Kong Mercantile Exchange is launching silver futures contracts. This should spell an even more bullish outlook for Silver and precious metals in general.
http://www.reuters.com/article/2011/0...
http://af.reuters.com/article/metalsN...
http://goldsilver.com/news/hong-kong-...

The U.S. Senate voted down the 'Cut, Cap and Balance' bill the House passed, Senator reid stating that it is "perhaps some of the worst legislation in the history of this country." The debt ceiling debate will continue
...until next time
http://www.youtube.com/watch?v=D0Nh4e...
http://www.youtube.com/watch?v=tWa3OM...

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