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Sunday, December 13, 2009

FAILING Banks & Insurance Co's.

 Well people as you well know this country is in huge financial trouble! Dou you know if YOUR in trouble? I have a list of the weakest "Banks & Thrifts" and  "Life & Health Insurers" in the US.
 Well seeing the Obama Gov. wants to print money like it is going out of style and not bracing for the inevitable "inflation" in a year or so, many more Banks and Institutions are on the verge of going under! Below is a WARNING from China to Bernanke. Even they are tired of backing a losing horse! This from the "Weiss Elite Group."
 Yesterday, U.S. Fed Chief Ben Bernanke declared the U.S. economy is facing “formidable headwinds” and effectively vowed to continue printing paper dollars like there’s no tomorrow.

 The reaction from China came quickly, as Andy Xie, recently named by BusinessWeek as one of China’s most influential economists, pulled no punches.
 Xie accused the Fed chief of “poisoning” the U.S. economy by keeping interest rates near zero and creating a tidal wave of newly printed paper dollars. He warned that the next global crisis will be driven by asset inflation. And his warning is precisely the scenario we’ve been forecasting.
 Specifically, my team and I have warned you to expect continued Fed money-printing ... a long-term decline in the value of the U.S. dollar ... rising oil, gold and natural resource prices ... and rising foreign stock markets as investors run from the dollar and invest in assets that stand the best chance of appreciating against the buck.
 I think you should click on the link below to see if YOUR Institution is listed!
Losing Banks & Insurance Companies

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