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1. The coming recession / depression
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we are coming OUT of the recession,
not going into one.
US Banking System survived GREAT DEPRESSION, lasting for 30 years...
it has EXPERIENCE to deal with the situation, plus...
NEW BANKING LAWS implemented since than
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2. Repatriation of foreign money
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I think we got them by the balls,
they CAN NOT do it now, without taking the MAJOR loss....
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2. The US and all of its citizens are in debt to their eyeballs
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and what are your figures about the rest of the world?
what %% is debt in relation to income?
without those %% the absolute number is meaningless...
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3. Possible impending derivatives disaster at several major banks
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the rumor perputrated by gold oriented newsletters...
do you know ANY country on Earth where terrorists were able to fully acomplish their goals and cause the radical change in the form of government/banking?
in whose opinion? newsletters writers?