nova

Where the Big Money Is Betting Big

This is a good written paper.

Big Pharma became big utility companies, i.e., very little innovation and lots of bureaucracy but they have lots of cash. Furthermore, many biotech have good and promising drugs they developed but, at the same time, they have neither manufacturing nor marketing resources and expertise to move successfully forward and realize the full commercial potential of their products. Consequently, biotech with real breakthrough products are always ready to explode.

It is obvious that the present US reckless and irresponsible financial and economic policies gravely undermined US$ as a reserve currency. Moving forward, the world financial system is in a "no-man" territory. Euro and other currencies are not about to gain strong acceptance due to various problems especially with Asian countries. So, after all, we are back to gold and strategic commodities.

Why Our Credit Crunch Mirrors the Weimar Hyperinflation from 1919-1923

Friar Hilarius,

You are correct, i.e., there will be a revolution in America.

Why Our Credit Crunch Mirrors the Weimar Hyperinflation from 1919-1923

I am totally mystified by the media and endless blogs discussing how Barack Obama, Henry Paulson, Tim Geithner and Ben Bernanke are so naive, incompetent, foolish and even stupid making all the wrong moves trying to fix US economy and specifically US banking system.

Well, I do NOT think they are either incompetent or stupid at all. They are very smart people. I think they know exactly what they are doing.

So,
* Why are they trying to save these very corrupt & dysfunctional financial system and the criminal Wall-Street financial elite responsible for the present crisis?
* Why don't they use the already existing laws to close insolvent banks and fire their CEOs, VPs, etc., and confiscate all the stolen loot?
* How come there are no Congressional investigations of the causes of the present crisis?

Well, the answer is very simple: all these very smart people are trying to protect all these criminals and their corrupt & dysfunctional institution because they are a part of this criminal banking & government cartel.

They are trying to save this cartel at ANY COST, even at expense of ruining the US economy and the entire country.

The real question: How long will these criminals be able to commit their crimes and fraud with complete impunity before American people start to recognise what is going on?

The Increase in Money Supply Came Sooner than Expected

kelm wrote:
"If Zimbabwe takes decades to get hyper-inflation going it will take us some time to - if we get that far."

Hyperinflation is similar to a cancer. It is "invisible" until it comes malignant and is ready to "ruaway". The USA has had inflation for a long time. The US government just manipulated data to hide it. So, it was there and going for a long time.

It did not take for Germany in 1920s to get hyperinflation in a hurry. The same was true for Russia. The same will be true for the USA with Obama and the Congress help and assistance. In my openion, this combination is "unstoppable".

Long Ideas for an Upcoming Crash

I would like to remind that this is an election year in America.

Consequently, neither political party likes to go to the election having at best a deep recession on their hands. And the Fed and US Treasure are doing their best to support politicians.

But, immediately following the elections, a hell will break loose with interest rates shooting straight up.

The USA can not allow its currency to collapse and being unable to pay for oil and other materials for its basic needs.