What’s coming in the not too distant future to America can be compared to a cat 5-7 Hurricane! It’s not an if it’s a when. Two major bubbles will burst simultaneously the Banking sector/credit and finance and the real-estate market especially the commercial real-estate market. That will make all pension funds insolvent. The question will be will the government and the Fed bail out the banks again or let them go under? Here is the debate: 2010: Part 1: Inflation or Deflation? Peter Schiff and Robert Prechter Debate 2010: Part 2: Inflation or Deflation? Peter Schiff and Robert Prechter DebateTime For Some Straight Talk……
Sunday, 21 November 2010
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