Sunday, November 29, 2009

We are heading towards a currency crisis [where currencies have no value]

SHOOT: How will that happen? Well, by stocks crashing, principally bank stocks. Banks are too big too fail, and so far more important than taxpayers. When they disappear, they will disappear with everyone's savings. The result? Systemic, universal bankruptcy. Then the question arises: what, if anything, is worth anything? The answer will be - food, shelter, safety, the most basic commodities.
clipped from
Lloyds on Dubai
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