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Platinoid
Member since May 2012
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>U.S. Hurtles Toward System Failure  - Jim Willie CB - Hat Trick Letter
That USD index is the story, and Jim tells it like it is. Ever get that 'sinking' feeling?
I wonder if they have a chart like that indexing the 'normalcy bias.'
Just a few items from his checklist are enough to make most people's eye's glaze over with normalcy.


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Beginning of the headline : The combination of $trillion bond fraud, dependence on inflating home equity for economic development, oversized cars, oil dependence, constant market intervention, insolvent banks, insolvent homes, outsourced industry, endless war, budget deadlock amidst runaway deficits, raided US gold treasury, mammoth future benefit obligations, and handing over the keys at USDept Treasury to Goldman Sachs has left the United States to fend off systemic failure... Read More
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