Saturday, November 10, 2007

Bad Times Ahead

Look here amigos...you and your future are very important to me. Cubans have suffered more than their share. So you don't need more pain or bad news. However, bad news is on the way but it may have a silver lining. The fact is the decades of economic mismanagement by the old-school Democrats and the neo-Republicans has critically undermined our nation. You should be moving into cash and reducing debt. Simply put, our government and the collection of private banks known as the Federal Reserve Board has been drastically increasing the supply of money. Since dollars are our worker credits, this means when the government print too many it reduces the value of all our worker credits. The vast majority of Americans don't realize this. However, all the nations around the world certainly do understand this and are now dumping the dollar.

It will never be too late for us if enough of us understand the problem and act accordingly. There is one presidential candidate who IS talking about this problem - Ron Paul. I've read where some of you have referred to this very honest gentleman as a "nut." Is Ron Paul crazy or do many simply fail to understand his warning and choose to denigrate the unknown? Don't feel badly if you have done this because it is human nature to fear the unknown. But as you see the value of your homes steeply decline, watch your investments evaporate right before your eyes and find that you must fork over more and more of these hyper-inflated dollars to buy the same amount of food and gas with your old paycheck - I've got a feeling you all are going to become very curious about these things.

1 Comments:

Blogger Tomás Estrada-Palma said...

The silver lining is these economic down-turns greatly effect travel. Look for the Cuban government to completely collapse and freedom to arise. Then we can implement a sensible economic plan for Cuba that will be the envy of the world.

11:51 AM  

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