Author Topic: USA STOCK MARKET (Read 2864 times)

♥Simmo♥ · « **on:** April 10, 2011, 07:16:16 AM »

Facts:-

Dollar is loosing its value. Major companies are beginning to sign off huge deals with Gold rather then the US Dollar.
We're 1.3$$$$$ trillion in debt.
Inflation in food, milk, bread, oil, cotton, copper, sugar, corn, aluminum, steel, etc ...
Federal Reserve began printing trillions of dollars just to pay off the nations debts.
Other countries have urged to change the US dollar as the reserve currency.
For many years now, our government has been borrowing so much money (very often using short-term loans), that very soon we will no longer be able to afford even the interest on these loans.
Debts our government owes as of NOW: Income tax receipts are roughly $900 billion a year, corporate taxes are roughly $200 billion annually. our current annual deficits are nearly $1.3 trillion. so even if u doubled tax revenue, we would still be running a deficit of more than $100 billion a year.
The Federal Reserve is manipulating interest rates down to almost zero. As a result, the interest rate at which the government can borrow money is at a record low level- less than 1.5%
We cant afford to spend 77% of tax receipts on interest payments to pay off our debts.
US is the only debtor in the world who can legally print U.S. dollars and the U.S. dollar is what's known as "the world's reserve currency."
The dollar forms the basis of the world's financial system. It is what banks around the world hold in reserve against their loans.

For more Facts go to : http://www.stansberryresearch.com/pro/1103PSIEOAVD/6PSIM401/PR

WORK CITED:

Stansberry, Porter, 9 Apr. 2011 http://www.stansberryresearch.com/pro/1103PSIEOAVD/6PSIM401/PR

Poll

How long do you think its gonna be until the Stock Market crashes again in USA and dollar collapses?

Author Topic: USA STOCK MARKET (Read 2864 times)

♥Simmo♥

USA STOCK MARKET

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