Some predictions for 2011 gleaned from that most fascinating of places – the internet. 1. The U.S. will implement QE3/4 when the $600 billion of QE2 is not enough (already it is not enough as admitted by the Fed’s chairman Benjamin Shalom Bernanke recently on CBS’ 60 Minutes). Except it won’t be called as such [...]
Props to Kas for pointing me to this… Oil in Eden: The Battle to Protect Canada’s Pacific Coast from Pacific Wild on Vimeo. It’s one of the last bastions of Canadian wilderness: the Great Bear Rainforest, on BC’s north and central Pacific coast. Home to bountiful marine mammals, fish, and wildlife – from orca and [...]
#1: The US Fed is now the second largest owner of US Treasuries. #2: “There are only about $550 billion of Treasuries outstanding with a remaining maturity of greater than 10 years.” #3: The US will Default on its Debt Full article on Zero Hedge here. Default, hyperinflation, or war?