Dear Friend,
More than 3 million people here in the United States have either fallen behind on their home mortgages or are already in foreclosure. This number is estimated to jump dramatically in the next several months to as many as 7 million!
Banks from one end of our country to the other – and around the world for that matter – are collapsing one after another. Now, even some of the biggest investment banks and hedge funds are being forced to surrender themselves to takeovers for pennies on the dollar or close their doors.
In a desperate attempt to contain the crisis, the Federal Reserve has already put two thirds of its liquid assets at risk to keep Wall Street afloat.
Bottom line: We're looking at the worst financial crisis since the great depression ignited in October of 1929.
Read more...More than 3 million people here in the United States have either fallen behind on their home mortgages or are already in foreclosure. This number is estimated to jump dramatically in the next several months to as many as 7 million!
Banks from one end of our country to the other – and around the world for that matter – are collapsing one after another. Now, even some of the biggest investment banks and hedge funds are being forced to surrender themselves to takeovers for pennies on the dollar or close their doors.
In a desperate attempt to contain the crisis, the Federal Reserve has already put two thirds of its liquid assets at risk to keep Wall Street afloat.
Bottom line: We're looking at the worst financial crisis since the great depression ignited in October of 1929.
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