Dec 6, 2011
Andy Hoffman's weekly rant on the Financial Survival Network has become a regular feature. We got so much positive feedback and so many emails that we had to respond. Today we discuss the The Three Card Monty Economy, where every publicly traded market is rigged by central banks and governments around the world. Whether its stocks, bonds, pork bellies or gold and silver, you can be sure the heavy hand of government is attempting to tilt the scales in someone else's favor. That doesn't leave much for the little guy, other than gold and silver.
The Federal Reserve shelled out over $16 trillion to keep the economy a float during the 2008 Crash. How much more will it take this time? Andy comments that new entities are being created almost daily and virtually no one knows who they are and what they do. Now they're talking about a new government for Europe. What's next? What we do know is that the fundamental problems are not being resolved and they won't be so long as the system remains as it is now. The system is the problem and kicking the can down road, only works for so long. Evenutally the debts come due and no one has the cash to pay them.
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