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WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke told lawmakers Wednesday the Fed is ready to act if the economy gets weaker. He warned them that allowing the nation to default on its debt would send "shock waves through the entire financial system."
"We have to keep all the options on the table. We don't know where the economy is going to go," Bernanke told the House Financial Services Committee.
Originally posted by galactictuan
Erase ALL DEBTS and start again.
This time, lock up those Satanic bankers.
Originally posted by backinblack
reply to post by buni11687
Ben Bernanke and the Fed know exactly where the US economy is headed..
It as after all their plan..
Originally posted by HappilyEverAfter
Originally posted by backinblack
reply to post by buni11687
Ben Bernanke and the Fed know exactly where the US economy is headed..
It as after all their plan..
Exactly!
They are 100% in control and driving it to an implosion/conversion intersection involving a paperless digital unified monetary system.
Over 96% of all transactions are credit/debit/draw, the Euro has been waiting for the remaining pieces to be put into play.
Where in the hell do you find the bottom?