chiker

ECB Calls Bernanke's Bluff

The formerly inverted yield curve was drastically re-shaped by Bernanke to rescue banks but it includes a time requirement - one study showed at least one year before the positive slope slowly rebuilds value. While America exports sub-prime mortages other countries also import commodities and those feedstocks are not concerned to give us time. In 1975, my fifth grade teacher defined inflation simply and forever as printing money too fast. As for global tensions contribution to oil prices, there has been a risk premium building in oil since March 2003 that the Bush Administration has been loath to admit (see Andrew Card's disingenuos interview with Maria Bartiromo duing 2004 campaign when he declared we are winning the war on terror while simultaneously saying the price of oil was being effected by increasing fear of terror.) Lastly, Israel has been found guilty multiple times of stealing nuclear secrets from the U.S.A. so that begs the question - Does Israel possess hundreds of nuclear bombs?