Andy you thought the riots over the fully-justified shooting of Michael Brown were bad? Wait until all of those people get their bennies cut when the economy collapses. You ain’t seen nuthin’ yet.
When interest rates begin to rise, then look out. Trouble’s coming.
Two of England’s major banks were calling for interest increases yesterday, I think. That will come here.
My bank is paying .1% for a savings account. I didn’t say 1%. I said .1%. That cannot sustain. I saw 2% on a FIVE YEAR CD being offered by some bank.
Gerald Celente, who has been right more often than not, predicted this would happen. Timing? Maybe not so much, end state? Celente nails it.
People will explode when they lose the freebies.
The question is when? This year? Next year? This decade? Manipulation of currencies and markets, the glut of 660 trillion in debt worldwide is already well beyond any fix imaginable.
People will die. It will not end well for any but the elite. They will have food, water, shelter and medical care while the world burns around them.
Well, I just depressed myself. However, I am open to anyone that has a brighter future scenario to share.
The “Gibsmedat Army” vastly outnumbers the Tea Party. We’re screwed.