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Obama: Jobs Destroyer

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How much they won't say. In America, estimates range up to $23 trillion. Piling on did nothing to resolve crisis conditions. Currencies have been debased. Future inflation issues are raised.

Last fall, the Bundesbank fired a warning shot. It wants its Fed-held gold reserves audited. Germany wants part of them repatriated. Doing so could prompt a chain reaction.

At issue is lack of trust. Things aren't as rosy as portrayed. Deep-seated trouble lurks sub-surface. Recovery is built on a house of cards. Shocks can crater it when least expected. Economic warfare could trigger it. 

Goldilocks economies can turn rancid any time. Crisis conditions can erupt globally. Economies are interconnected. Contagion spreads. Debt entrapment, banker occupation, and austerity harm every country run irresponsibly.

It affects others. Problems keep festering. Irresponsible policies assure worse deep problems. Day of reckoning time eventually arrives. Forewarned is forearmed.

Stephen Lendman lives in Chicago and can be reached at Email address removed

His new book is titled "Banker Occupation: Waging Financial War on Humanity."

http://www.claritypress.com/LendmanII.html

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VISIT MY WEBSITE: stephenlendman.org (Home - Stephen Lendman). Contact at lendmanstephen@sbcglobal.net.  My two Wall Street books are timely reading: "How Wall Street Fleeces America: Privatized Banking, Government (more...)
 

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