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There is $596 trillion in derivatives debt, over $2.5 trillion in credit card debt, and $58 trillion in credit default swaps.
All of this debt is still hanging over the global financial system. The housing market is still in a downward spiral, with mortgage defaults adding to the problem everyday.
You should be 100 percent cash.
Don't be surprised if the market moves back down to test the recent lows.
Member Submitted News
United Nations Reveals Close Links Between Israel and Al Qaeda Affiliated Terrorist Organizations in SyriaWUFYS
Recent blog posts
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- An f-word and s-word-laden tirade against the banksters, government lies and endless wars for israel
- PLEASE READ: If People Were Countries.....