The focus of the blog is on the economic and financial uncertainties that the world economies will face over the next five years along with demonstrating how investors can profit and survive during the upcoming manipulated economic chaos. Please keep-in-mind that I don't provide investment advice. I am simply posting what my investment views of the market happen to be. Your investment decisions are solely your own responsibility.
Tuesday, November 15, 2011
Postal Service Reports $5 billion Loss
The loss could have been worse, to the amount of $10.6 billion. However, through the graciousness of your Congress, a $5.5 billion payment that was required to fund retiree health benefits was postponed. I wonder who is going to pay that amount? Oh, silly me, you, of course, as the U.S. taxpayer. Hopefully, your friendly postal carrier will thank you with tomorrow's mail delivery.
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