I agree with Celente. It is not going toget any better and will only get worse.
Why? 1. Because there is no industrail base to build to. 2.Government and environmental regulations have destroyed our industrail base [factories, shipyards, and steel mills].
3. Without an industrail base and personal ambition to better one’s self, both frowned on by this government, the tax base for the government is crippled.
To recap: No industry equates to no jobs. No jobs equals no taxes collected. and on and on.
obama will try to solve this by two methods, neither will work. 1. Print more money. 2. Raise taxes on those working in other jobs, the local governments will raise property taxes, permit fees and institute other taxes.
obama will respond to printing more money and raising taxes not working to bread and circuses for the masses. It will take the form of welfare and dope.
But this the change and hope the fools voted for.
it will go something like this: I had to chang my dope dealer, I hope he has goodstuff.
Just for today, I don’t do any dope.
I'm not so sure he wants to solve this. Total depression leads to people clamoring for more not less government to help their sorry a$$es.
Well, Sport...a WW III should pull us out of it. It seems to be becoming our only choice... :(