|
| Gordon Duff
Uncle Gordy's Mid-Week Reality Check, May 23, 2012
One
problem we are all ignoring, while we are told to worry about Iranian
nukes that do not now nor never will exist, is that the money in your
pocket is toilet paper, your home is worth less than yesterday and
probably belongs to someone who lost the paperwork and has been bankrupt
themselves for 30 years. »» |
|
| Gordon Duff
Japan's Broke - Highest Debt Ratio of Any Industrialized Nation
While
massive debt in the US has been in the world news and the failure of
austerity measures to stabilize the Euro have been continually reported,
Japan has gone under. Today, Fitch lowered japanse foreign currency
rating to near junk bond status. Japan had previously fallen to AA and
is now down to "A," a level unacceptable to a nation that most still
consider a world "super-economy." »» |
|
|
