The Economic Armageddon you.

Discussion in 'Casual Chat' started by tmorrison, Jul 2, 2011.

  1. tmorrison

    tmorrison Member

    Can our Gov't really pay their bills? Fantastic video that will give you the facts. Be proactive and take action now. If you glide along with good intentions, like most will, you will get run over by the coming meltdown.

    Click here: http://youtu.be/FVYFxLUjo0g
     
  2. talfighel

    talfighel Silver Member

    That is why you need to take care of yourself and not wait for the government to do it.
     
  3. tmorrison

    tmorrison Member

    talfighel: That is why you need to take care of yourself and not wait for the government to do it.

    Totally agree. Be proactive.
     
  4. ericlenhard

    ericlenhard New Member

    talfighel: That is why you need to take care of yourself and not wait for the government to do it.
    True words!
     
  5. weebitty

    weebitty Member

    http://www.msnbc.msn.com/id/43675816/ns/business-eye_on_the_economy/

    Here is an article that was on MSN today. We have to do something to help ourselves. I can't remember it being this bad. Some say not even the depression was this bad. I don't care what the government says we arn't out of it yet. When we will be is anyones guess. Also on the news tonight they were saying that anyone that does get a job there is a 21% chance you will get laid off again within a year.
     
  6. tmorrison

    tmorrison Member

    weebitty: I can't remember it being this bad. Some say not even the depression was this bad.
    I agree. Massive trend taking place: http://youtu.be/jyTCKEyRF7Q
     
  7. Agreed,

    Finally the masses of morons are starting to learn about our phoney monopoly money referred to as federal reserve notes. The basic rule of supply and demand applies to all commodities, silver, gold, oil, whatever, so taking off the gold standard was the beginning of the end for America, yet politicians covered up these facts for years. Woodrow Wilson was where it all started, and obama will be where it all ends.

    What is scaring the hell out of current gov. is that even morons are starting to hear about our financial meltdown and when all the welfare checks, unemployment checks, food stamps, SS, medicare, Pell grants and all the other subsidies run dry, then watch what happens. You can only print worthless paper so long, and if one was away of other than CPI inflation, it would scare you to death as food inflation alone is double digits and rising fast. Why, simple, supply and demand, as in, demand is up, supplies are down, combined with dollars value dropping adds up to financial disaster.

    Gov. cannot hide all these facts forever, slowly but surely the truth is getting out there and as the unemployment situation gets worse and worse, union mobs are exposed for what they are, what happens then? Look at the mob effect where 10, 20, 30 or more people raid a retail store and rip them off while people just watch in amazement. We have seen this worldwide with all the youth leading the mobs which are protesting high unemployment, discontent with leadership, etc.

    If you don't think it can happen hear, you are wrong, it already is well under way. What we are seeing is the tip of the iceburg, massive foreclosure mess is an example. When people are faced with a crisis, do you think people will be paying their mortgage payments, no, with over 50% over their heads and real estate still dropping in value, the banks and gov. backed Fannie Freddie are about to meet their makers, the gov. screwed us all, and they will pay sooner of later. Lies can only hide the facts for so long, and like a dam, put enough pressure on it and it collapses.

    What happens when the dam breaks, the dollar will collapse, and with no more bullets in the feds gun to prop up dollar and economy, we will see a depression like no other, in fact, technically, if it were not for the unlimiited QE1 and QE2 money printing scheme, we would all be in depression already. Bet you didn't know that because you will never hear about it from BS news we are fed on this critical issue facing us all. Dodging the truth has worked for decades, but not much longer as we reach the end of the road for the dollar. Hold gold, not monopoly money if you want to survive this coming depression.

    Success to all,
     
  8. FreeCashMan

    FreeCashMan Well-Known Member

    Yes, the US dollar is not set for a long future, and hope is not going to save it. People must commit and focus to do something for themselves.
     
  9. amberjones1986

    amberjones1986 New Member

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