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All Topics / Overseas Deals / US Bank Bail Outs Explained
For anyone who can't get their head around the goobledegook that is spouted forth from the gov reps, financiers, bankers and economists in the US about Quantitative Easing and Bank Bail Outs, then it is all explained here in 6 minutes, if you have time and a sense of humour.
http://theblockblog.com/2011/02/qe-ii-usa-bank-bailouts-explained/
thats the funniest thing every! Made my day. Eventually this will probably lead to hyperinflation in america. All those mom and dad who places their money in cash will suffer once hyperinflation takes hold. Only through buying assets can you mitigate the decline of dollar value in the American dollar.
Something to think about.
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