The Economy

Sunday, Feb 21st, 2010 8:27 AM

The U.S. economy is out of control
I am sure that almost everyone knows about the doomsday clock regarding nuclear holocaust, we should apply the same principle to the economy. We can then ask the question what time would it be in relation to the economy the answer is 11:59:59 and the missiles have left the silo.

To understand why this has occured first check out the video on the right "The Maths". it is without a doubt one of the most important videos you will ever see. The point to bear in mind is that you should apply the exponential function to national debt, If you have any doubt as to why it is 11:59:59 watch the remaining videos in this series. The last step is to check out the second video "The Actual Figures" and you will see the exponential growth of inflation and national debt.

Make no mistake, the writing is on the wall. Obama's plan to subsidize our way out of recession by borrowing money from the federal reserve "WILL FAIL", he is trying to put out a fire by pouring gasoline on it. I doubt that there is a solution, we are too far down the road to avoid the holocaust, I sincerely hope I am wrong but I don't think so. The upcoming ARM resets begininng in March 2010 could be the "straw that broke the camels back".