May 16, 2008

These 2 Charts Tell You Everything You Need To Know About The Federal Reserve Crisis And The Financial Collapse That Is Now Upon Us

Closely examine the two charts directly above. The information in them is absolutely stunning. They show that the bank crisis that the Federal Reserve is currently trying to rectify is much worse than we have been told in the media. The collapse of our financial system is upon us.

The reserves of our local banks are gone. The financial institutions have borrowed an insane amount of money from the Federal Reserve just to stay afloat. Our financial system has never experienced a crisis of this magnitude.

And it is just the beginning. Our greed has been our undoing, and things are about to become a lot worse. For more information, please read this article I wrote just a couple of days ago on the financial crisis facing this nation:

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