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Please excuse the interruption, but with today's 'news' from The Obama that there are "no magic bullets" and that he/they are exploring "all default contingencies," the time has come to ask the trillion dollar question - what next? Below is a very candid analysis from Jeff Neilson of Bullion Bulls Canada as to how we got here, and perhaps what is the real agenda behind the so-called shutdown? If and when you're ready to protect your paper assets from this madness, we're here to help with a physical solution that is centuries old. Cheers!
U.S. Shut-Down An Excuse For Debt-Default?
Five years ago; the U.S. (the ring-leader of current, Western insanity) assured the world that "it could never become another Japan". It was correct. The U.S. (and the other Western Deadbeat Debtors) are far worse than Japan. Japan merely defibrillated its economy with 0% interest rates, alone. The U.S. has brought the world something far, far worse: "QE" (and 0% interest rates). This is "money"(?) conjured out of thin air, and (unlike all the other $trillions of near-worthless U.S. paper) all of this "QE" paper is not even "backed" by debt. It is merely Monopoly Money, in every sense of the words.
It Is Mathematically Impossible!
Why (ultimately) have all of these $trillions in new paper failed to "stimulate" these Western Deadbeat economies? Because you can't stimulate economies with worthless paper.
A U.S. Default Seen as Catastrophe Dwarfing Lehman's Fall
The same Corporate Media which has been assuring Americans (and the world) that the U.S. economy has been "recovering" for the past 4 ½ years even provides us with a timetable on this "catastrophe", in the first paragraph of the subsequent article: A U.S. government default, just weeks away if Congress fails to raise the debt ceiling as it now threatens to do, will be an economic calamity like none the world has ever seen.
Hopelessly Insolvent ..
Solvent economies do not default simply from being cut-off of new debt (new money) for a few weeks. Ponzi schemes do. Put another way; it's always against the interest of Creditors to impose bankruptcy on a solvent debtor. The Corporate Media's blunt warning is an implicit confession of the U.S.'s hopelessly insolvent status.
Happy To Help ..
The coming financial hurricane is closer than ever and physical silver an gold ownership is an absolute necessity. We currently have a healthy supply of gold and silver products, in all shapes and sizes. Please contact me for the very best pricing and discreet, informed service.
The 2008 Bail-outs Were The Beginning, Of The End
Whether or not "this is it" for the U.S. economy, or whether it "lives" (in zombie form) to die-another-day; there are two important realities which readers need to confront, regardless. The first of these realities is that for those readers who still (wistfully) believed that they/we had "a year or two" before something "really big" (and really bad) happened; you were wrong. The media propaganda-machine is clear: U.S. debt-default ---and economic Armageddon - is just weeks away. And even if such a catastrophe is delayed still further; "the end" could come at any time, and be (at most) a process of weeks, not months or years.
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Sovereign Exchange International Ltd.
Steven Merrill, President
www.sovereignize.net
phone:
778.835.7667
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Engage a Rich New Audience; Reconcile to your Private Account; Settle for Metal at Any Time. The Sovereign Exchange was founded by Steven Merrill and a small network of individuals from across British Columbia with a vision to embrace Austrian economic principles and provide a sound and stable payment facility than be trusted for commerce and used to store wealth.
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