Thursday, June 16, 2011

Fascinating Article

I could go on about this article but I believe I will let you decide for yourself.  This is a report by the Bank of International Settlements regarding the events during the 1930s.  The comparison between then and now is striking.  Filled with bank bailouts, devaluation of currencies, and massive interest in gold, it appears we are still early in the ongoing crash.  Reprinted from a year ago, the information is even more timely.

Thanks to www.zerohedge.com from bringing us news we can use.  An absolute must read.

http://www.zerohedge.com/article/first-great-depression-blow-blow-bis-and-how-it-mirrors-our-ongoing-second-great-depression-0

No comments:

Post a Comment