The Firewall Movie does a Great Job

The Firewall movie does a great job in informing the public about the dangers of the housing and mortgage bubble to the United States and the world. If only more people knew about these situations, we wouldn't have the type of clown show going on in the U.S. Presidential campaign right now. There actually is a real danger of hyperinflation breaking out in the United States and the world.

This hyperinflation would not have to be of the order of hyperinflation in Germany in the 1923 period, or in the 1980s in the Latin American countries in order to be extremely destructive. Already gasoline prices have gone up from $0.99 a gallon (plus tax) at the pump, to around $3 a gallon (plus taxes). That is a 300-percent increase. And other items like key food items are going up as well. Milk is up at least 30-percent, bread is up in many places about the same, and these price increases add up. It is a total fraud to state that inflation is only 7-percent or so, like the Federal Reserve and Bureau of Labor Statistics continue to contend. It really is time for the US national government to put the speculative financial system through a thorough bankruptcy reorganization, before it's too late.