n. WTSHTF: Dumb-down the cold as Debt Issue

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Thursday, December 20, 2012

Dumb-down the cold as Debt Issue

On August 31, 2008, the combined value of the balance sheets of the 

US, UK, ECB, GermanyFrance, China, and Switzerland stood at $8.16 trillion. 
By October 31, 2011, that total had reached $15.05 trillion. In other words, 
it took eight central banks about five years to fabricate the equivalent value of 
6,000 years' worth of gold production and since then, they have added another 
couple of trillion dollars...."Isn't it ironic how one can fall off a cliff and still manage to hit the ceiling?"

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