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RE: Greenspan warns: Bond bubble about to break because of 'abnormally low' interest rates
Rarely we've seen mainstream media speaking about the truth, but to see this old piece of sh'' speaking to the the world that america is in a debt bubble... that's kind of scary. If it pops, we all know what will happen to federal reserve notes, and what will be the consequences...
I don't have much hope that people will just pick up the pieces and get back to rebuilding the economy right after a collapse. I think the general public is going to freak out like the couple just recently in news that jump out of their 9th story New York apartment and left their kids behind because they had to much debt.
That's why we need to wake people up, or if we can't, just bet against all this debt and get the reward when it burst. We'll bring back the west on the right way, or we'll profit from it's fall. But it is an amazing time to be alive on the modern history. The fall of an empire and it's consequences. I always wish the best to everyone, but I prepare for the worst.