This post serves as a "sequel" to the my earlier post on the Credit Crisis.

The U.S.A. is drowning in debt. The Americans are spending away the futures of their children and grandchildren.


The video below shows just how bad the situation is. I think it is quite frightening.


(This video is the property of "stop spending our future.org")


The Federal Reserves chairman, Ben Bernanke, has just announced another round of stimulus. To put it simply, they just keep on printing the US dollar. The market is flooded with US dollar and this devalues it. Interest rates will remain close to zero for an extended period of time. This increases the risk of asset bubbles forming in emerging markets such as China and India.

Will the US do a "Greece"? I hope not. The US Treasuries still enjoy the highest "AAA" rating.

So how did I protect ......