Posted on 10/21/2014 9:40:27 AM PDT by blam
Mac Slavo
October 20th, 2014
To say that the U.S. economy is in trouble would be an understatement. According to Shadow Stats economist John Williams, we may be on the very cusp of a crisis so severe that it promises to re-write the entire paradigm. Debt is out of control and foreign holders of U.S. Treasury bonds are getting antsy. Nowhere is this more obvious than in China and Russia, where leaders of the globe’s other super powers are feverishly working to distance themselves from the U.S. dollar by establishing new monetary relationships that completely bypass the world’s reserve currency.
A loss of confidence in America’s ability to manage its fiscal, economic and monetary policy coupled with a continued slowdown in growth could soon reveal what Williams calls “the end game.”
It’s coming sooner rather than later suggests Williams in a recent interview with Greg Hunter’s USA Watchdog:
“I can’t give you good reason for why the stock market is as high as it is. The fact you are seeing this volatility means there are a lot of people who are very nervous about what is going on and where things are in the market. It is probably one of the great bubbles of all time. It most likely will collapse along the lines of the U.S. dollar in response to the reality of no economic recovery. . . . I can’t think of a more vulnerable market than what we are seeing here.”
…
You are getting a confluence of extraordinary factors that are coming together that will cause the dollar to break. You’ll have a panic flight from the dollar along with dumping of U.S. Treasury bonds by foreign owners. We are coming in on the end game here.”
(snip)
(Excerpt) Read more at shtfplan.com ...
Well thanks! No, never figured anybody would be interested.
I’ve always been interested in stories from USSR, especially from everyday people. I’m sure a lot of other people would be also.
” Obama is trying his best to collapse the system, flooding us with illegals that cost money.”
Illegals are costing us a fortune.
The gov’t is paying contractors a fortune for special treatment for the illegal “minors”. They are living much better than a lot of citizen minors. Obama just made the executive decision to let in 100,000 Haitians without going thru the system, and has plans for 9 million more illegal visas after the election.
Collapse is coming soon.
Try 14 to 16 million illegals. That “11 million illegals” hasn’t changed since 2002. 12 years!
From what I understood the 9 million consisted of some new arrivals. I read that the number of visas ordered with the company that make them total 34 million; 9 million immediate.
Hep C and Hiv....do people even realize how prevalent these diseases are in Africa?....and yet they have free reign...
by the way, he was a big believer in single payer...figures....he wants us to cure the world of Hep c by a new pill that only cost $2000 a pill, every day for 8 weeks or so....
” I attended a seminar on Infections from an expert apparently....not once did he ever mention the illegals in this country bringing Measles and Mumps and Chicken pox and enterovirus and obola to this country to account for the present “spike”....its like there was no connection....”
Just toss reason and logic out the window when dealing with these traitors.
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