Monday, May 21, 2012

Paul Krugman Whores for the Fed | Survivalist Investor

read full article here Paul Krugman Whores for the Fed | Survivalist Investor

“The conscience of a liberal” Paul Krugman once again demonstrates his role as Fed bitch.  Like a third-world young lady receiving an all-expenses-paid trip to a developed nation in return for a chance to ‘make a living’, Krugman must ‘put-out’ once in a while for the Fed syndicate who launched his stardom with the Norwegian Nobel Prize Committee.
New York Time’s latest talent hit the street with his latest summation of the outlook for the euro in an Op-Ed piece, dated May 17, titled, Apocalypse Fairly Soon.  There, he states with crocodile tears that he’s not “optimistic” about the euro’s immediate future.  It’s such a pretty currency; too bad it has AIDS.
“Suddenly, it has become easy to see how the euro — that grand, flawed experiment in monetary union without political union — could come apart at the seams. We’re not talking about a distant prospect, either,” Krugman writes. “Things could fall apart with stunning speed, in a matter of months, not years.”
Krugman knows quite well that a failed euro spells a hastened demise of an equally failed U.S. dollar, as every John who attempts a trysts with the American competition soon finds out he’s been ‘had’ by a ladyboy, posing as the real thing.

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