Tuesday, August 18, 2009

Latest From Itulip's Eric Janszen

August 2009 FIRE Economy Depression update – Part I: Snowball in Summer
(Update 1)
Credit crunch induced commodity, goods and services supply crash meets government money wave. Can the Fed and Congress stop what they started?

Part I: Snowball in Summer
• Liquidation fire sales ending
• Substitution and stealth inflation
• Deflation fighting policy turns dollar into third world money
• Ready for an epidemic of bank failures?

Article at Itulip.com