Federal Reserve documents, recently declassified under Freedom of Information Act subpoenas have demonstrated that virtually 100% of $600 billion in new paper money distributed by the Fed in their QE2 stimulus scheme appears to have gone to European banks. QE2 may have done nothing to create jobs here at home; but the flood of the Fed’s U.S. cash [...]
READ MORE »Chinese Proverb: When dancing with a scorpion, safety is in holding the tail firmly. The U.S. Federal Reserve declared a Trade War last fall by flooding the world with newly printed paper money in a scheme to hammer China with inflation and force the nation to commit economic suicide by raising the exchange rate of [...]
READ MORE »Every Greek tragedy has a familiar refrain of desperate challenge, followed by early victory and then ultimate disaster. This familiar scenario is playing out on the world stage as the Greek government claims victory in receiving a huge $61 billion bail-out by the European Union. Eerily similar to how the Trojans were convinced to open [...]
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