Title: Today's Wall Street Journal Headline is, Bernanke's FED "Warns of Risk to Economy."
Author: Andrew M Molchan
Date: Thu June 21st, 2012
6/21/2012 ANDY'S UNPOPULAR INSIGHTS. Today's WSJ Headline is, Bernanke's FED "Warns of Risk to Economy."
The FED warning of risks to America is like Adolf Hitler warning of risks to Germany.
My long time readers know that in early 2005, I started saying that the American Real Estate Bubble was like Japan's Real Estate bubble of the late 1980s, and America's Bubble would END in the SAME kind of crash as Japan's. I also predicted that USA Real Estate would STAY Down for decades just like it has stayed down in Japan.
My long time readers also know that since 2008 I've said MANY TIMES that the US FED is following exactly the same disastrous and FAILED "Japanese Plan" of ultra low interest rates and Queer Money. A plan that's been a 22 year PROVEN FAILURE for Japan, AND everyone else who's tried it.
On Dec. 29, 1989 the Japanese Nikkei closed at 38,916. Today it's 8,825. That's 30,000 LESS than 22 years ago! Bernanke's FED has the US DOW on the same road. Ten years from now the US DOW WILL be a lot LOWER than today.
In 1990, before the Japanese-FED started its "Low Interest" & Queer Yen policy; Japanese National Debt was under 3 Trillion Yen. After 22 years of Low Interest and Queer Yen the Japanese National Debt is almost 10 Trillion Yen. That's 235% of Japan's GNP! Anything above 100% has a PROVEN 500 YEAR world financial history of Stalling EVERY 100%+ of GDP indebted National economy.
Japan has the HIGHEST Debt ratio in the world outside of Black Africa. And despite Heroic Efforts on the part of Japan's workers the Japanese economy IS STALLED. The Japanese Nikkei, Japanese Real Estate, Japanese Exports - it's ALL STALLED and Going DOWN.
It's a DISASTER for Japan, and Greece, and Spain, and Italy, and Ireland, and Portugal, AND Bernanke's FED criminals have America ON EXACTLY THE SAME ROAD.
The American economy is Stalling just like Japan's el al, and for the same Queer Money, too much Debt, and low interest rate reasons. THE US FED IS MAKING IT POSSIBLE FOR AMERICA TO GET DEEPER, AND DEEPER INTO DEBT.
When Pres Obama was elected, the American Federal Government National Debt was 11 Trillion Dollars. Right now it's 16 Trillion Dollars and going UP Fast. NOWHERE in the World has a Nation Borrowed its way out of too Much Debt.
YES, America is without question at very GREAT RISK. Why? Because the US FED and President Obama are working very hard to Destroy America.