The US-economy by Alan Greenspan

"The ONLY weapon against inflation is to put GOLD as international standard"

Mr. Alan Greenspan, former chairman of the US Federal Reserve, had warned us - already years ago - the eight dangers for namely the US-economy, but also for the whole world:

1. Danger of derivates, the big position to it
2. Danger of market-values, it can be lower because of the cyclical economic effect
3. The housing-bubble: it's happening NOW with the mortgage-crisis...
4. The social-security crisis: Budget-deficit > BNP ! USD will be weaken
5. The oil-capacities are shrinking, so the 'new' US-enemies are Iran, Venezuela and Russia
6. The budget-deficit will result in more taxes and higher interest feeds to pay
7. The increasing long-term interests will influence the fewer investments
8. The account-shortage: many financiers have made debts in USD

(Source: US Markets.nl)