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Federal Reserve Chairman Bernanke issues the warning.
Asian nations, China and India first, are no longer willing to purchase securities issued by the US Treasury, which this year has about US$ two trillion short-term debt to refinance.
Beijing is buying gold instead.
…
3 comments
Just a note: the author of that piece, d’Orlando, is a favorite amongst the various apocalypticists like Alex Jones, freepers, GoV, etc. He is what I would call a secular doomer.
re: #1 freetoken
Just a note: the author of that piece, d’Orlando, is a favorite amongst the various apocalypticists like Alex Jones, freepers, GoV, etc. He is what I would call a secular doomer.
I guess that means the trillions we are spending are of no consequence, due to the “genealogy” of the author in your opinion?
Fact of the matter, the economy is in a mess, and mandating a 10% (and that’s being charitable) unemployed workforce chip in to help those (HEY! They are without themselves!) who don’t have HC isn’t much of a solution. Wait for Cap and Trade to regulate/fine industry, so they can raise pricing and pass it along to the consumers.
Yes…nothing to see here, for someone you don’t like just can’t ever be presenting facts.
A dropping tide leaves all ships similarly stranded on the uncovered mud flats.
re: #1 freetoken
Once again, amid a myriad of facts, Freetoken chooses to attack the authors credibility. If d’Orlando is so mistaken, let’s hear why. That would make your case a little better, don’t you think. How about some facts instead of innuendo.
Stephen Jay Gould is often quote mined by creationist. Does that make Gould wrong?
Didn’t you once say that Freeman Dyson was always a contrarian and prone to saying some odd stuff as he gets older. (Please correct me if I’m wrong.) Dyson’s sin was being skeptical about man’s impact on climate.
I’m sure many AGW skeptics quote Dyson. So by your logic, Dyson isn’t credible.
For someone who purports to approach things scientifically, it’s odd that you share tactics with creationists and flat earthers.
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