Bearish News Roundup 5/24/09
- Brad Setser argues the dollar isn’t as doomed as someĀ say (for now) – Follow the Money
- The fate and future of the NY Times – NYT
- Why we should listen to Peter Schiff – Time
- Obama acknowledges that “we’re out of money” (good comments too) – ZeroHedge
- How to destroy the financial industry – Fool.com
- Morgan Stanley UK is party central – Reformed Broker
- Quick! To the Printing Press! – LOL Fed
- Latest data on Fed assets from (with useful charts) – Option ARMageddon
- The high cost of poverty; Why the poor pay more – Washington Post
Warning: The following video is categorized as CT, for containing conspiracy-theories. So either get out your tinfoil hat, or skip if you don’t like. I find some “conspiracy theory” stuff to be thought-provoking and intriguing, but always take it with a healthy dose of salt.
The concept of an “Amero” currency replacing the dollar is ridiculous pretty ridiculous. But some of the quotes and clips in the video are interesting. They reinforce my feeling that Obama is listening to the wrong people when it comes to finance and foreign policy. This guy Brzezinski is one of the most hawkish democrats around. So to hear Obama sing his praises is disturbing. I voted for Obama to get away from war and corruption. Been disappointed so far.







