The Hedge Funds Weblog
Sound The Alarms, The End Is Here…..Again
In an article called "It's Official: The Crash of the U.S. Economy has begun" Richard C. Cook says of a recent Washington post alarmist article;
"It's official. Mark your calendars. The crash of the U.S. economy has begun. It was announced the morning of Wednesday, June 13, 2007, by economic writers Steven Pearlstein and Robert Samuelson in the pages of the Washington Post, one of the foremost house organs of the U.S. monetary elite.
The fact that the crash is now being announced by the Post shows that it is a done deal. The Bilderburgers, or whomever it is that the Post reports to, have decided. It lets everyone know loud and clear that it's time to batten down the hatches, run for cover, lay in two years of canned food, shield your assets, whatever."
Pearlstein's column was titled, "The Takeover Boom, About to Go Bust" and concerned the extraordinary amount of debt vs. operating profits of companies currently subject to leveraged buyouts.
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