Thursday, May 10, 2012

Our economy is nearing the brink......

Straight to Hell in a handbasket

The European Union Is Officially Dead In The Water

The Greeks are going Communist at breakneck speed. The French just elected a hard core Socialist President.
The single economy propping up almost all of Europe is Germany, and they've about had enough.

QE3 Is The End

As soon as the Dollar begins its inevitable slide into oblivion, the rest will come crashing down. The stock market will tank. US credit has been lowered again, signalling a precipitous drop in confidence in the dollar.
The good old "full faith and credit of the United States" simply isn't worth a tinker's damn.
The bottom is about to fall out.

This pretty much sums it up;

".....All indicators suggest that this year will be unlike any other before. In 2008, we saw the first trigger events for the collapse. In 2008/2009, we saw the creation of the bailout culture, setting the stage for inflation and dollar disintegration. In 2010, we saw the first bilateral trade deal cutting out the dollar between China and Russia, which is now the template for trade deals all over the globe. In 2011, we saw the first downgrade of the U.S. credit rating and the crisis in the EU become epidemic. In 2012, I see not just another difficulty to add to the mountain, but a culmination of all these detriments to produce something entirely new; a vast and subversive realignment forcing many of us to take a more aggressive stance in the fight for an economically and socially free America.

Financial disasters have always been a convenient catalyst for a host of even more frightening obstacles, including civil unrest, and blatant totalitarianism. This is the cusp. It is one of those moments that people of later generations read about in awe, and sometimes horror. The “doom” is not in the event, but in the response. What we make of the days approaching determines the darkness that they cast upon the future. It is a test. It is not something to be dreaded. It is something to be seized upon, and dealt with, as great men and women before us have done. At the very least, we know that it is coming. That, in itself, could well seal our success...."

I ask you;

who will stand in the face of the onslaught and lead us forward?

It sure as hell won't be some skinny guy wearing a bicycle helmet.

Prepare yourselves.



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