The Bernank has now admitted what everyone without a job knows. We are turning Japanese. His comments were still shaded optimistically. Just wait for 5 years or so. In the meantime, please go out and buy a bunch of Chinese shit at WalMart. Charge it.
Federal Reserve chairman Ben Bernanke, in an interview on CBS' "60 Minutes" that aired Sunday, said it could be four or five years before the economy is back to a normal unemployment rate. He also said fears of inflation are overstated, and that the central bank could resort to another round of stimulus by buying up Treasuries.
Silver now cracking 30 bucks an oz. Buy silver with your mortgage payment. Steal your kids money. Jaime Dimon playing this song on his Ipod.
Last week, I bought a ten ounce bar of silver. This week I am going to buy another. If screwing over a TBTF bank is not enough incentive, what is? I could care less if silver crashes through the floor...or whether Max Keiser is right or not. Just the possibility of sticking it to JP Morgan makes me giddy. Very funny stuff...fucking ZeroHedge. See this parody before the Downfall studio nabs it and takes it away.