HDRKID

Sunday, October 04, 2009

Three more bank failures - total at 98

Ghost town saloon in Bodie, California photo

Three more bank failures bring tally to 98. This is sad because the FDIC is nearly out of money. Tragic as the truth is, we are going deeper into depression as our economy implodes and we will face financial armageddon.

To know the future, you must look at the past, because the future is built on the past. What is soon to come is because of our hubris. It is wise to see and prepare for what will soon come.

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