from market oracle...
"Business Times Singapore Investment Round Table June 2011"............
"Ernest: The trillions of dollars Washington wasted trying to buy jobs have now run out and the illusory recovery those dollars bought is fading, as is growth in jobs, consumer spending, and gross domestic product. The Fed will continue printing money when its quantitative easing programme is supposed to end in June. President Obama is running for re-election, and the only option this president has For the economic recovery is to print money as Congress will not support any new stimulus bills. Since job growth is far too weak to stop printing money now, QE3 is guaranteed and hundreds of billions more US dollars will be printed. This will result in rising consumer prices, a plunge in the US dollar, and increases in cost of living.................LINK
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