US Crumbling While Kerry Seeks $1 Billion Loan For Ukraine April 18 Cheap Roy Oswalt Jersey , 2014 | Author: Anne Trimble | Posted in Investing Possibly, in the good old days, it might have been commendable that Secretary of State John Kerry propose a $1 billion loan guarantee for the Ukraine. Besides collaborating with the International Monetary Fund as well as international organizations to arrange the loan, the current administration is thinking of providing some direct assistance to the Ukraine.
Ironically, the USA itself can quickly end up coming to be a larger version of Spain or Greece. Today Cheap Mike Scott Jersey , these two countries that are in the depths of a financial crisis. We are no longer a rich nation; instead we are a nation on the edge of monetary ruin. With a $16 trillion dollar debt, we have to borrow money from China and various other countries to keep our chins up.
If the national debt balloons to $21 trillion, US credit rating will experience a downgrade. Despite this looming disaster, Kerry wants to save the Ukraine. Is it too difficult to think of spending the cash placing folks back to work here in the United States? Our rising unemployment is possibly two times the 8.2 percent put out by official statisticians.
As far back as 2006, top economists like Wiedemer were talking about the looming collapse of the U.S. housing market Cheap Jose Cruz Jersey , a decline in the equity markets, and a fall in consumer spending because of rising private debt. Today, much of what was predicted back then is showing up through some alarming trends-high unemployment, a plunging stock market, and a spiking annual inflation rate.
Federal Reserve Chairman Ben Bernanke Cheap Jimmy Wynn Jersey , as well as former chief Alan Greenspan, who were entrusted with troubleshooting economic peril, have done a good job in creating just the reverse. And while the dilemma they engineered by reckless printing cash proceeds unmitigated, Kerry has toured the Ukraine, guaranteed assistance Cheap Andy Pettitte Jersey , and notified Putin to de-escalate his armed force.
Now, if that’s not crazy enough for you, here’s one more twist to this tale of official lunacy. While the Obama administration is planning to collaborate with Congress to give a $1 billion financing guarantee to shield that nation from reduced energy subsidies, Russia will most likely counter that initiative by elevating gas prices. Yet because Russians are the bulk holders of Ukrainian debt, the money from the U.S. will wind up in Russian financial institutions.
It resembles the Titanic’s captain and staff playing Texas Hold’em while the ship is heading straight for an iceberg. We have been talking about investing in your future for a long time now by getting God’s money — precious metals like Gold and Silver– because it will not be long now before the paper in your wallet will certainly be worthless.
Want to find out more about precious metal investing Cheap Dallas Keuchel Jersey , then visit Anne Trimble’s site on how to buy gold and silver.
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