Be sure to watch this lecture: Marc Faber On Keynesian Folly, The ‘Missing’ Inflation, And Bubble-Blowing [1]. (Thanks to B.B. for the link.)
Obama’s Budget to Add $4.4 Trillion to Debt in Next Four Years–On track to $20 trillion in debt in 201 [2]6. [JWR’s Comment: Keep in mind that those figures are predicated upon interest rates staying artificially low. Someday, our foreign creditors will demand a higher rate of return on U.S .Treasury paper. And when that happens, we’ll see a repeat of the current Greek Tragedy, here in the U.S. of A. That will be the death knell of the Dollar.]
A.K.H. sent: The Euro Is Already a ‘Zombie Currency’: Expert [3]
Items from The Economatrix:
Rothschild, Paulson & Soros Are All Betting On A Financial Collapse [4]
Oil Trades Near Three-Month High As US Crude Stockpiles Drop [5]