US = Enron?

Welcome to a 2009 US Government version of Enron. Remember Enron, Ken Lay, the company & ceo that got grilled..arrested..now dead..for playing a shell game with money and lying to investors?

Well what would you say if I told you that an "institution" was purchasing another "institutions" assets with funds that didn't exist, but the "institution" could create. Sounds very shady right? Well that is exactly what the US Government is doing currently. We are purchasing "assets" from the Treasury with the use of the Federal Reserve. We are doing it to the tune of 1T dollars. This will be catastrophe for the US dollar and interest rates in the near and long term future. You simply can not create money, and we did. We are going to print money on debt that doesn't exist yet. This is the household equivalent of you taking a "credit card check" writing cash to yourself, then paying another debt. You didn't have the money to pay the bill so you borrowed against...yourself. Russia and other members of Europe have asked to replace the dollar with a universal currency. Sad, very sad because the US is doing this to itself. No outside entity is destroying us...just ourselves.

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