Debt Crisis? What Debt Crisis?

Ever wondered what 114.5 Trillion looks like? This puts it into perspective:

$100 - Most counterfeited money denomination in the world. Keeps the world moving.

$10,000 - Enough for a great vacation or to buy a used car. Approximately one year of work for the average human on earth.

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The Terminal Stages of the US Dollar

This week I'm celebrating the anniversary of the greatest heist in recorded history; exactly 40 years ago yesterday, President Nixon severed the dollar’s ties to gold forever.  It was a government game so the politicians could easily pay off their debts with “cheaper dollars” for the foreseeable future.  In reality, this one decision effectively stole all our dollars’ value for decades to come. And you and I are the ones still paying for this mistake. Not the rich, us the ordinary middle class people.  Strangely this decision created the $4 trillion Forex market and eventually sent gold above $1,800 an ounce this past week.  Gold was $35 and ounce when Nixon made this decision.

You and I - (We) are now in the terminal stages of the worlds most gigantic pyramid scheme of all time: The US Dollar. It is set to vaporize the assets of the average citizen and level the life style of North Americians to a level of lifestyle more similar to the rest of the world (think Asia, South America and Europe).  So now is thew time to protect what's left of your nest-egg, before the dollar collapses fully, rendering your dollar-denominated assets almost worthless.

 

US to Default on Credit Aug. 2 - Even if Solution Found Today

Yesterday, Moody's and Standard & Poor's both threatened to downgrade the credit rating of the United States of America. The threat of an official downgrade resonates with the real-time unofficial downgrade that is already underway in the market for credit default swaps (CDS).

(To review: CDS are a kind of "default insurance." The buyer of a CDS is buying insurance against default by a specific issuer of debt, whether that be a company or a country. The greater the apparent likelihood of a default, the higher the price insurance. That's why the price of a Greek CDS is 1,000 times greater than the price of a Norwegian CDS.)

This extreme pricing difference is to be expected. In absolute numbers, the national annual deficits of Greece and Norway are identical. But while the Greeks are running a budget deficit equal to about 14% of its GDP, the Norwegians are running a budget surplus equal to about 14% of GDP. Greece might default tomorrow. Norway is unlikely to default any time this century... or at least not until its North Sea oil runs out.

Aspartame Addiction

I was unknowingly addicted to it for 35 years of my life, Diet Pepsi, and Nutra-sweet packets. I used it every single day, all day in my coffee and tea and drank 3 liters of soda. I have numerous health problems/issues and wake up sick every single morning of my life. My joints and bones are hurting, I have eye problems, irregular heartbeat, chronic depression, stomach, bladder, and kidney problems, chronic insomnia, and extreme anxiety, or "mental illness."

"They" put the poisons in our food and drink.
"They" promote the poisons on their own TV stations.
We buy the poisons and become addicted.
We keep on buying and drinking the poisons because we are UNKNOWINGLY addicted.

Then, the symptoms start... depression, insomnia, headaches, anxiety, panic attacks, eye pain, blurred vision, bladder problems, severe cramping, stomach pain/disease, TMJ disfunction, and of course... "mental illness" --- it's what "they" call it.

Where to Buy American Gasoline and Where Not to Buy

Are you aware that the Saudis are boycotting American products? In addition, they are gouging us on oil prices. Shouldn't we return the favor? Can't we take control of our own destiny and let these giant oil importers know who REALLY generates their profits, their livings? How about leaving American Dollars in America and reduce the import/export deficit? An appealing remedy might be to boycott their GAS. Every time you fill up your car you can avoid putting more money into the coffers of Saudi Arabia . Just purchase gas from companies that don't import their oil from the Saudis. Nothing is more frustrating than the feeling that every time I fill up my tank, I'm sending my money to people who I get the impression want me, my family and my friends dead.