As Bond dad will attest, this economy is fucked.
But, it is much, much worse than that.
As we learned today, several large financial institutions have agreed to allow FOREIGN COUNTRIES to take large EQUITY positions in their own companies.
Merrill Lynch and Singapore?
WTF?
This is just the beginning folks. I have written before about the Rumsfeld redux. But I will ask you to again recall history: what did Vietnam, Cheney, Rumsfeld and Wolfowitz beget?
That's right. Stagflation. Oil Shock. Recession. It's coming. Are you and your family prepared? More on the flip.