Bubbleworld: Dubai News

So Abu Dhabi gets $10 billion bailout to cover part of the initial $26 billion that was failing out of the $60 billion that it will/might eventually fail on unless things drastically change -which they will not- or the US (most likely the Fed or Treasury's oil rich nation money management group) through printing money and illegally transferring it to Dubai saves it. By the way, the Treasury's money management group does not report to the congress on how it manages the oil rich nation money that comes from the oil rich nations buying US treasury bonds and keeping them at the US and the US Treasury managing the interest income on these bonds to cover project costs in the oil rich nations that are only given to US companies that are 'tight' with certain families such as the Bush family. Please refer to "The Confessions of an Economic Hitman" for the details on this arrangement.

The real point I want to raise here is the bubbly nature of all of this. The fall of Dubai was not a big deal according to mainstream media and a bunch of idiotic so called "economists" that are on the payroll of certain interests (so their calls are useless AND WRONG), but somehow Dubai being partially bailed out is great news. Ludicrously stupid. This is the nature of the bubble in the stocks we have currently. This is a huge bubble that will fail. Get ready to short in a big time because we will take out the lows on the S&P. US is in the worst shape of any major economy or main emerging markets. Short short short!!!!