Jul 11 2008

The US economy: take two valium and call us in the morning

By John Baeyens | Share This

Last year people we're still laughing when i predicted doom clouds over the US (and Europe). 
Today things are different.   Look at this video capturing the US assistant treasury secretary of economic policy, Philip Swagel doing his monthly economical briefing.
And there you are, China, with your piles of dollar reserves looking at this man...
No, the man doesn't have speech problems.  He is stuttering because he is lying, he is stuttering bacause he is scared.  True, Bernanke doesn't stutter, he is simply delusional.