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End of Austerity
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
blog.milesfranklin.com / By Andrew Hoffman / May 1st, 2013
Of all the words I never expected to be associated with finance, “austerity” is atop the list;particularly in today’s world of GLOBAL, UNFETTERED MONEY PRINTING.
Thus far, it has been associated principally with Europe; although comically, some try to term America’s budget sequestration in 2013 an “austerity” measure; when in fact, its measly $1 trillion of back-end loaded spending cuts over the next DECADE will have little, if any, impact on its ANNUAL $1+ trillion deficits – particularly as the economy isonce again rolling over; amidst EXPLODING debt…
How the United States’ High Debt Will Weaken the Economy and Hurt Americans
…and “UNPRECEDENTED” MONEY PRINTING…
Bernanke seen Keeping up Pace of QE until Fourth Quarter
“Austerity” was cooked up by the EVIL “troika” of the European Union (as governed by the EC, or European Commission), the ECB, and the IMF when Greece received itssecond bailout in early 2012. Essentially, it has been a ruse to pretend the MASSIVE MONEY PRINTING utilized to prop up everyone from Greece…
Thanks to BrotherJohnF
2013-05-01 17:17:39
Source: http://silveristhenew.com/2013/05/01/end-of-austerity/
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