ALL THE GOVERNMENT HAS TO OFFER IS WHAT THEY TAKE FROM YOU. ; )

Friday, May 28, 2010

Burning ring of fire


Anyone with investments should pay attention to this article. This is what it looks like when, as I have been saying, investors start a "fundamental re-pricing of risk." The charts in the article clearly show a gigantic spike in rates right now, which indicate investors are freaked out about the prospect of banks and governments not being able to repay their loans. It's still sliding quickly downhill. Don't think that because it started on February 12th and the final collapse hasn't happened yet that it won't happen.

You tell me. What would it take to stop it now? And what would it take to get world leaders to start doing something to start addressing problems and make things better? They're still absolutely dedicated to making things much worse! Why is that?

Remember, we are right in the middle of the worst of them (see above). We are hardly safe.

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