If you are not chilled by that title, why not?

 

http://www.bloomberg.com/apps/news?pid=20601087&sid=aSn2_iDKbl1...

 

Anyone who understands how "money" operates within a bankrupt system knows you must have constant growth of debt. If that growth disappears or "funds" are removed then it's an obvious outcome that there will not be enough money in circulation to pay off the interest payment on current debt.

 

If the fed agrees to recycle those interest payments into your economy then you MAY have a fighting chance, but they don't want that, instead they will continue buying up yet more of the fortune 500. The only outcome of this I can see will be more foreclosures, businesses going to the wall and I admit to NOT being a financial expert of any kind.

 

Except I understand one very simple undeniable fact;

 

There is no money.

 

Proof:

In a 2008 Quarterly Bulletin, the Bank of England published a speech  which pointed out that "Banks make 'money' by 'writing cheques to themselves'"

 

http://www.bankofengland.co.uk/publications/quarterlybulletin/qb080...

 

 

Do you guys really think your battered economy can take any more punishment? And given that I already know your answer, remember the great depression, the fed and their allies are doing it again and at the end, they will own it all, and for cents on the dollar.

 

Truth.

 

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