US Economy Facing Death by a Thousand Cuts Roubini

| May 26, 2010 | 25 Comments


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Comments

  1. MOPEDBRAD says:

    @Keitai5263 I think America & China could fuck each other back into the stone age…

  2. phillipgaley says:

    @thomasmoonman Well, although we don’t know who killed him, but yet, if money is any moving force in politics, maybe, he was kind of destined to die because, in ordering the treasury secretary to print US notes–non-interest bearing currency, currency which had not been borrowed into circulation through THE FED, and as such, began to displace the federal reserve note–the bankers felt that, he had reneged on the US commitment in the national bank act–Lincoln did the same thing.

  3. thomasmoonman says:

    @phillipgaley JFK

  4. phillipgaley says:

    @thomasmoonman Hi, who was it that, “released about 4.3 million into circulation”?

  5. Germtrancsuperman says:

    Anyway… FLOWERS by Romantic Brothers is the Best situation song about politics, economy, world and war. It kills my i-pod:)

  6. thomasmoonman says:

    silver backed money. he released about 4.3 million into circulation..he almost succeeded in destroying the FED….almost…

  7. mattmatt115 says:

    HAHA
    Just wait until the inevitable happens
    When the banks come calling for their property when you default on your mortage, when you cant pay your credit cards, your loan, line of credit, your investments are in an abandoned currency. Whats next? Well if it happens on a large scale which it will because Americans live on credit, the banks who pull most the strings in our government, will use the military they own to come get our property to be sold to the new world, as they “rebuild” the US

  8. hmj8786 says:

    china has a population of 1 billion that out numbers the US army single handedly and im sure easily 200 million would be used for war. the us population is a little less than 300 million. china would murder america allied with india and russia. you have to remember these 3 countries have been trade partners since the beginning of trade.

  9. hmj8786 says:

    only if you knew what was really happening. the last real president we had was JFK ! i wonder why he was assassinated hmmm???

  10. fridaysabtu says:

    Watch my video

    It’s about climate change and our planet as we lives in. May climate change lead to economic collapse?

    watch?v=j7I_eFoIk64

  11. Keitai5263 says:

    If obama pussy ass nigger see Dalai lama these days,China will invite Bin laden for working together.USA’s army is worldwide.Only china and Russian can stop its power growing.Pussy ass nigger borrow money from china and doing gay shit to china..This pussy nigger wanna beef with China when he find hem some.China has 99 problems,USA aint one.China will fuck all Americans Life up with the Art of War by sun tze.China fucks USA back to the Middle age.

  12. miras202 says:

    The US is that’s why borrowing money in such amount because they know that some event is gonna happened in near future. The whole dollars are being spend for underground facilities in Denver Airport for example. There is no possibility for the US to return such huge amount of money, it is just not possible, deal with it. Or excuse me there is one, a global WAR, or WW III but who would dare to attack the USA? Who had the military strength, and economical balls to do it? China? don’t think so…

  13. miras202 says:

    to create enslavement

  14. reiser999 says:

    All Bernanke, the Fed and the Treasury did was delay the inevitable. There is inherent inflation built into the system. That $600 trillion worth of derivatives or so was never counted as inflation according to the Fed. The use of these derivatives allowed banks to lend when they otherwise would not have been able to as their tier 1 capital ratios were already maxed out. OTC derivatives are also used to prop up the entire US Treasury market by keeping yields low, and therefore prices high.

  15. spectre1929 says:

    the media is important because democracy is important and people need to know what is really going on ?Looking only at the civilian population of 237 Million, with 138 Million working that’s a 41% overall not employed rate where 99 Million eligible workers are not employed. Consider that the 138 Million are supporting the US population of 305 Million.hyperinflation,tax revenues disapearing ,some recovery ?this is not what the media is telling you ,so what about democracy ?

  16. doomz78 says:

    So the consumer has to save more and spend less? In a spending based economy. hmm. And we have a true jobless rate of 20-25%. So less revenue and more inflation with interest rates at 1%. hmmm.. (I wont mention derivatives, healthcare,commercial real estate, ) This economy is a 1/1000th second frame car crash. The perfect storm if you will. USA is lucky China and Japan is ALLOWING them to devaluate their dollar at this pace. They are slowly backing away from this nightmare. Here we go

  17. MrPhotodoc says:

    the “crisis” is managed by the banks. They OWN the money and will do ONLY what they want.

  18. nrg1901 says:

    omg you’re so misinformed.

  19. wtfbroskie says:

    what? you have NO idea what you are talking about. america does not produce anything for the world. its borrowing money from other governments around the world to kill people in iraq and afghanistan. we never pay our debts back. not only that it was because of the government in the first place is why we had a housing bubble, and the recessions.

  20. andristic says:

    i don’t believe the USA will die. we’re just too important to the welfare of the planet, people *will* wake up, i think, before it is too late.

  21. junevi2000 says:

    The US dollar is sure to collapse. The no. 1signal is zero interest rate. Super-inflation is a sure thing too, because the dollar value is going down compared to other currency and to commodity like gold. If there is deflation, dollar value should be up, but since it is going down what is happening is inflation.

  22. junevi2000 says:

    You can sense his disappointment.

  23. danben72 says:

    Finally one sane person (NR) on the screen. People are real dreamers and considering Lehman as the cause of the crises just show how fucked up all those talking heads are disguised by the talking points of Helicopter Ben with his cronies Obama et all. America you are totally fucked!

  24. bnash2002 says:

    the hosts are arrogant liars

  25. psion128 says:

    This stuff is real. They really put a realist on here that isn’t pushing us to get in debt and make things worse. MSM finally did the right thing for once.

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