Thursday, April 8, 2010

Is the U.S. on its way toward a Debt Disaster?

Is the U.S. on its way toward a Debt Disaster?

Published on 04-06-2010

Source: Mark Matheny - Sic Sempter Tyrannis

Will the U.S. blemish its perfect credit rating?

More than likely, and this will set the stage for the total demise of the dollar, which will usher in a world currency to replace the long-standing reserve currency status the U.S. has held. No matter how the Fed and Wall Street manipulate the markets with ’slight of hand’ collaboration, backed by the approval of our current administration in order to mesmorize the American people into believing the economy is recovering – our AAA status will be downgraded, and along with it our way of life as a once prosperous nation!


http://www.blacklistednews.com/news-8145-0-13-13--.html


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