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neville
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Is The Credibility Bubble Bursting? - John Rubino - Dollar Collapse

Credibility!!!! WHAT CREDIBILITY????? John NO such animal BUT what there is ,is the BUBBLE OF THE LIE ,which is the GREATEST BUBBLE of all time.
This BUBBLE can be seen if you go to Stockcharts.com and lokk at $INDU, $SPX,$NIKK,$USD, $DAX there are others of course but those will do as they TRULY reflect what I am talking about.Going back to CREDIBILITY ,since america substituted the lie for THE TRUTH ANYTHING TO DO WITH CREDIBILITY WENT OUT THE WINDOW.
Who in this world that runs a central bank a government a news paper or television company tells THE TRUTH.......Nobody thats who...So please scrap this article

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Début de l'article :In a fiat currency system, perception is, by definition, everything. Paper money has no intrinsic value. So the people saving it and accepting it in exchange aren't expressing faith in the money itself but in the competence and honesty -- and power -- of the institutions managing it. Let that faith erode and those slips of colored paper and ephemeral computer bits revert to their intrinsic value. And on the credibility front, the trends aren't encouraging. Consider the coverage of th... Lire la suite

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