should America file for bankruptcy ?
Max Keiser talks to Stacy Herbert about the american dollar and the end of America. recorded on January 23rd 2010
The Federal Reserve is going bankrupt
The Fed has now swapped around $600 billion of its $800 billion balance sheet for worthless paper from banks to try to keep the banking system afloat. A downgrade of US Treasury bonds is on the cards.
New York City, Manhattan, Lower Manhattan, Financial District, Alexander Hamilton U.S. Custom House, 1901-1907. 1 Bowling Green.
