In many of America’s real estate markets homes, once the primary facilitator of middle class American retirement, are worth on the average about 67 pennies of what they were five years ago.
The American currency…our once powerful dollar…is now worth pennies of its former value and the erosion shows little sign of abatement as gold and silver continue their march toward record per ounce prices.
Under the new Federal Budget, each American man, woman, boy and girl will be saddled with 4,000,000 pennies of personal and, although owed to the IRS, uncollectable debt ($40,000 each). That is $200,000 for a family of four! Does this make cents to you?
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