Andrew Gause
THE REAL WORLD OF MONEY
Andrew Gause may just be the top man anywhere for the highest quality analysis into the world of money we all live in. Andrew is a currency historian, an internationally recognized expert on the United States monetary system. He’s written two books, “The Secret World of Money†and “Uncle Sam Cooks the Booksâ€. You can order these books as well as speak to Andrew personally. As a One Radio Network listener, you’ll have highest priority in his phone time. His # is 800.468.2646
Andrew Gause dissects new, unprecedented power and control President Obama is promoting for the private Federal Reserve Bank owners.
World Bank Cuts Forecast for Global Growth to 2.9%… The World Bank said the global recession this year will be deeper than it predicted in March and warned that a flight of capital from developing nations will swell the ranks of the poor and the unemployed.
Stocks likely to continue slump… Markets were looking for a fall when they open Monday, as the World Bank said a global recovery was ‘unusually uncertain and cut growth forecasts for most countries.
Borrowing remains unusually cheap right now by historical standards, but government deficits and inflation will change that picture over the next few years… Investors are kicking themselves for failing to spot the twin bubbles in the stock and housing markets when the laws of economic gravity for both became spectacularly unhinged. Now, America should be on red alert for another bubble that’s destined to pop — outrageously overpriced government bonds, the flipside being outrageously low interest rates.
40 banks failures in 2009… Regional banks in North Carolina, Kansas and Georgia were closed by state regulators Friday, bringing the total number of failed banks this year to 40, the Federal Deposit Insurance Corporation said.
Some experts point to stabilization in the housing and job markets as signs the recession has ended. Others continue to see weeds – not green shoots… The recession began in December 2007 – so we are told. Did it end sometime this spring? We think not! This is just the beginning! Seriously can we trust any of these Wall Street, Asian or European banks or financial institutions? The warning signs were there all the time even the amateur investors had their blinkers on yet the so called Pro top paid executives of the global markets failed to see this one coming – why should we trust them now?
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