"There hasn't been an empire in the history of mankind that has given away its wealth and its power base like the United States is currently doing. What are you doing? You've got 20% unemployment, you're trying to bailout out the Chinese, you're trying to bailout the Indians, you're trying to bailout the Middle East, and no peace is arising you've got wars still everywhere. So what are you doing? Why are you allowing this huge transfer of your wealth to these other countries, who, I promise you, from and international perspective, are laughing."
Those words are from Philip Manduca, head of investments at ECU Group in speaking to CNBC this afternoon about the dollar's 'death lunge.'
He has been warning us for some time that we are at a tipping point, that the U.S. is headed toward collapse.
Free Republic
From the Declaration of Independence: "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness."
No comments:
Post a Comment