Post by sswanson on Mar 11, 2011 17:43:57 GMT -4
This will keep you up at night pondering possibilities....
The Article has 3 great videos to review.
Are The Prophets Of Doom Right About Major War, $200 Oil, $2000 Gold And Dow 5000 By The End Of 2012?
endoftheamericandream.com/archives/are-the-prophets-of-doom-right-about-major-war-200-oil-2000-gold-and-dow-5000-by-the-end-of-2012
"...Once upon a time even if the rest of the world was having tremendous economic trouble everyone could still count on the U.S. economy to be a rock.
But that is no longer the case.
Every single month the U.S. government goes into even more debt, our state governments go into even more debt and our local governments go into even more debt. Meanwhile, thousands of factories and millions of jobs continue to be shipped out of the United States. Our economy is literally being hollowed out, and as Gerald Celente correctly points out, we are being rapidly deindustrialized. We have become a nation that consumes far more wealth than it produces. Every single month far more money goes out of the country than comes into it and this is draining our national wealth at an astounding pace.
The U.S. economy is becoming weaker with each passing day. Hundreds of cities and towns across the country have been transformed into "economic dead zones". Our leaders are trying to convince us that a higher level of unemployment is "normal" now, but very few people are buying it. 44 million Americans are now on food stamps, and millions of American families are rapidly losing hope.
The Federal Reserve can continue to print trillions of dollars and the U.S. government can continue to borrow trillions of dollars, but anyone with half a brain can see that the end of the game is fast approaching.
Financial disaster may strike in 2011, 2012, 2013 or at some point after that, but the truth is that it is coming. Our leaders can use all of their tricks to keep the balls in the air for as long as possible, but at some point they are going to fall.
So don't dismiss men like Nenner, Celente and Williams. Their predictions may or may not turn out to be 100 percent accurate, but they are most definitely on to something."
The Article has 3 great videos to review.
Are The Prophets Of Doom Right About Major War, $200 Oil, $2000 Gold And Dow 5000 By The End Of 2012?
endoftheamericandream.com/archives/are-the-prophets-of-doom-right-about-major-war-200-oil-2000-gold-and-dow-5000-by-the-end-of-2012
"...Once upon a time even if the rest of the world was having tremendous economic trouble everyone could still count on the U.S. economy to be a rock.
But that is no longer the case.
Every single month the U.S. government goes into even more debt, our state governments go into even more debt and our local governments go into even more debt. Meanwhile, thousands of factories and millions of jobs continue to be shipped out of the United States. Our economy is literally being hollowed out, and as Gerald Celente correctly points out, we are being rapidly deindustrialized. We have become a nation that consumes far more wealth than it produces. Every single month far more money goes out of the country than comes into it and this is draining our national wealth at an astounding pace.
The U.S. economy is becoming weaker with each passing day. Hundreds of cities and towns across the country have been transformed into "economic dead zones". Our leaders are trying to convince us that a higher level of unemployment is "normal" now, but very few people are buying it. 44 million Americans are now on food stamps, and millions of American families are rapidly losing hope.
The Federal Reserve can continue to print trillions of dollars and the U.S. government can continue to borrow trillions of dollars, but anyone with half a brain can see that the end of the game is fast approaching.
Financial disaster may strike in 2011, 2012, 2013 or at some point after that, but the truth is that it is coming. Our leaders can use all of their tricks to keep the balls in the air for as long as possible, but at some point they are going to fall.
So don't dismiss men like Nenner, Celente and Williams. Their predictions may or may not turn out to be 100 percent accurate, but they are most definitely on to something."