A real sad state of affairs for USA.
It makes a lot of sense when you read through the article what ever you think of Stansberry Research and it founder.
The risks are socialized; the profits are privatized. New American Socialism....It's capitalism for the rich, without any risks (the Fed steps in) And socialism for the poor, without any rights.
http://www.stansberryresearch.com/secure/psi
New American Socialism
Moderator: Global Moderator
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surensteady
Re: New American Socialism
It seems you have to be a subscriber to read those articles.
"I came here for financial advice, but I've ended up with a bunch of shave soaps and apparently am about to start eating sardines. Not that I'm complaining, of course." -ZedThou