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Fractional Reserve Lending Constitutes Fraud

2009-10-06 — blogspot.com

"The deflation "recognition phase" has finally arrived. Kroger foods, Costco, and Walmart are blaming deflation for a drop in earnings. Moreover, many high profile names are discussing deflation, something most thought could never happen."

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Comments:

catherine at 12:18 2009-10-06 said:

silly boy, YOU AREN'T ALLOWED TO USE THE DEPRESSION WORD it scares the nonbelievers. I know you have the facts but facts don't matter when their eyes are covered with tin foil. I was made fun of two years ago for daring to say that we would be trillions in debt. 100 trillion was my estimate and we were at 12 trillion in May and we are still digging, aren't we. I think this group can spend 5 trillion a year for the next 3 years the way they are headed. Permalink

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