Showing posts with label JP Morgan. Show all posts
Showing posts with label JP Morgan. Show all posts

Wednesday, March 19, 2008


AMERICA BARELY MEETS A MARGIN CALL


And this is just the first of hundreds - thousands - of moneyshifts, most of which the paying public will never even hear about until their shares in the US (i.e. the dollar) are worth pennies, before the freeprinting currency reaches its intrinsic value and surviving US banks are nationalized.

There is blood in the water, as the sharks begin to eat their own...

The transaction is all the more odd in that Bear Stearns' purchaser J.P. Morgan is the world's largest holder of derivatives!

Foreign investors are withdrawing their support of the currency...

For a view of where all this may be headed, see the Weimar experience...

BTW, the current derivative nominative total is over 500 TRILLION dollars...

And The Street on Welfare...

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