Monday, November 24, 2008

Shocker of the Century : Citi Bailed out!

Surprise, Citi is getting bailed out.

Even bigger news for those that lack a brain. The entire US financial system is defunct and only kept alive by the gov. The trillions in mortages, commercial real estate loans, credit cards, and derivatives, all of these big boys are bankrupt. . . save some back office gov deals to keep them afloat and prevent bank runs.

Hint . . . buy yourself at least some physical gold and put it in a very safe place.

http://bloomberg.com/apps/news?pid=20601087&sid=aoAIRJWrcnO4&refer=home

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