Posted on 04/26/2013 1:40:46 PM PDT by Kartographer
look at this country's debt situation, especially relative to the United States, is truly amazing.
This country is paying 21% of government revenue on interest payments to support a 236% debt-to-GDP ratio. With annual spending twice as high as its revenue, the government is running a deficit of $455 billion a year and adding to its $11.2 trillion debt. This is all before the monetary stimulus programs announced recently by its central bank.
If you thought the United States government was a financial basket case, Japan is exponentially worse. A collapse in the yen and the stock market is all but certain -- the only question is when.
(Excerpt) Read more at finance.yahoo.com ...
Yup, covered, except for the razor wire... I just wanted to remind preppers about cash ... preferably small bills. It’s just sensible, too.
We rotate through our food storage (sorta like practicing shooting what you carry) but I noticed we also tend to rotate through our cash on hand.
Yo, all y’all, get yourselves some cash on hand!
Well, it would have to be Japanese food.
The US has numerous ethnic groups who resent other ethnic groups for stealing from “the system”. For not pulling their own weight. Other groups have gripes real, imaginary or ginned up about past imperialism or slavery. Obviously a Japan or Finland has none of this
You know this anyway :)
Why the two week horizon?
Maybe this article?
If they sell US debt somebody(China) will suck it up.
Are you implying I should actually READ the article?
What do you think I have YOU GUYS for?
;o)
Downright revolting!
And catty too!
That is the beauty of the internet. What seem to be wrong changes in matter of nanoseconds. Back in the days when everyone relied on print it was little late to change copy.
I’ve been posting for 12 years without reading the article! It’s what I do! Are you impun.. uh. ... impugn .. um .. carp.
Laz, 10-78?
oops, last post.
Use guys still don’t get it, do use? Sigh! Going by the MSM model, so finally expressed above by Yahoo News, which if it isn’t MSM, it certainly aspires to being, you are to reveal and describe your discoveries by saying what they AREN’T to bait potential readers.
But one is apparently either a careful observer or a pedant.
But what if one is both a revolting cat and a pendant?
The time it takes for the fear of starvation to really set in, after the supermarkets are looted and bare.
Good point that we are in worse economic shape than Mexico; but if Mexico goes before US, then “The Vision” is even more prophetic. But I confess: I believe Wilkerson said that the run on American banks begins in Mexico on a Monday that is an American holiday. So if this vision is true, we might have beaten Mexico by hours if not for our own banks being closed. Prophecy aside, my guestion is how can there be a sudden bank run collapse if TPTB close down Wall Street, banks, ATM’s, credit cards? People wouldn’t be able to crash banks or Wall Street because TPTB would just take all our marbles and go on another vacation.
Besides that..they are all bailing each other out..worse..we’re helping!
Add in the earthquake and tsunami....billions on that and still paying.
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