12/31/2007

The disgusting year of the credit rat

"The entire banking system will go bust in the Untied States this year, in a highly visible manner, as the entire world watches in total horror. The nation in custodial duty for the world reserve currency, the USDollar, will suffer a failed banking & bond system, which undoubtedly will result in a grotesque USEconomic recession. It is just a bit late in its arrival. The parade of disasters will be mindboggling, offering little respite."

~Jim Willie CB


I like Deepcaster
Intelligent Design by Amero.at



"I am…disgusted by both parties at this point, especially because we have no one of substance taking on very severe issues, like the trade deficit and federal deficit that are going to create terrible times for people in this country if they are not addressed. [...] so we're talking about a global crisis of unprecedented proportions. Probably one that could lead to the collapse of the current currency system."



Walter J. “John” Williams was born in 1949. He received an A.B. in Economics, cum laude, from Dartmouth College in 1971, and was awarded a M.B.A. from Dartmouth’s Amos Tuck School of Business Administration in 1972, where he was named an Edward Tuck Scholar. During his career as a consulting economist, John has worked with individuals as well as Fortune
500 companies.

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