Beach Front Property for Sale in Arizona

OECD says Global Recession is nearing bottom.  (Wall Street Journal, Wednesday, June 24, 2009, by Paul Hannon and Gabrielle Parussini.)  Paris – “ The Organization for Economic Cooperation and Development said….developed economies will shrink less sharply this year than previously expected, and grow next year….(this is)….the organizations first upward forecast since 2007…. (and),…The International Monetary Fund will follow suit when it releases it’s forecasts on July 7, (2009.) ….However, the OECD warned governments and central banks against prematurely withdrawing stimulus packages, which it deems essential in averting a deeper more prolonged recession.”

 Let’s stop the  ’BS’  right now. OECD is a think tank, (paid for by the international financiers),  using projections that are based on statistics of what has already passed and most likely,( according to them), will happen regarding international financial stability in the future.  What this really means is they don’t really know what is going to happen, but what they think will happen.  That being said the key point made is to keep shoveling money to the banks who are not loaning it out despite the lies being propagated by the mainstream media, to the contrary.

The stimulus money is being loaned to the banks by governments who are borrowing it from Russia and China. In the case of the U.S. the additional massive spending by this administration will cause taxes to go up leaving consumers with less to spend which will in turn further slow the economy. This of course will cause inflation, as result of the U.S. Treasury  making monopoly money,(which is devaluing the dollar), as fast as they can pour ink into the printing presses. Projections by the OECD, IMF and whoever else is on the gravy train, are worthless.  However if you believe these projections – contact me about that beach front property. 

Just my opinion.

Beaudreaux