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alstry (35.42)

ALERT!!!!...FU Virus symptoms affecting Children

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April 02, 2009 – Comments (3)

Will Gerry Celente be right????  He says when people lose everything, they lose it!!!!!!!!!!!!!!!!!!!!!

You have been warned.....welcome to reality when people lose their jobs and are desperate to feed their children............

70-90% of American citizens, businesses, and state and local governments are burdened with too much debt.....much of it sold to them by bankers who knew they couldn't pay it back.....and now we are bailing out the bankers?????

The Doctor has made his diagnosis.....we must restructure the debt....to bad too few want to start treating the disease.  The disease and very visible symptoms will spread.  Desperation will rise to epidemic proportions.  Business after business, city after city, family after family,  will shut down as fewer and fewer will have any money beyond paying for taxes, interest, and insurance.

It is not that hard to see if you just open your eyes.....Pretty soon....you too will likely be fired or forced to take a pay cut.

Prepare....don't fear!!!!!

 

3 Comments – Post Your Own

#1) On April 02, 2009 at 8:39 AM, alstry (35.42) wrote:

Rite Aid to shut Georgia distribution center, affecting 297

Initial jobless claims rise to highest level since 1982

Company after company cutting 10% of workforce

Soon, if you work for a State or Local government....you will be forced to take a paycut or furlough.  If you have too much debt....too bad.

You have been warned.....PREPARE!!!!!  Everyone on  Wall Street thinks you make too MUCH!!!!!!!

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#2) On April 02, 2009 at 8:50 AM, alstry (35.42) wrote:

Delinquency rate on consumer loans rises to record 3.22%

70-90% of American are overburdened with TAXES, INTEREST and INSURANCE

All if fine if you can borrow to make ends meet and lever up even more.....but when you can't borrow.....you must stop spending.

We are now just starting to see the weakest begin to fall with the FU virus....it will rapidly spread and move up the ladder.

Even if you are not leveraged.  The city you live in likely is....so is the county.....and even the state......maybe your employer is leveraged......your school district....your hospital....it is likely your customers are leveraged.....

The Doctor sees the disease clearly....it is spreading rapidly....soon you will too.

Welcome to Alstrynomics....we are all sailing on the Titanic.

Prepare.....Don't fear!!!!

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#3) On April 04, 2009 at 3:10 PM, OneLegged (< 20) wrote:

My pay is down 65%.  I'm now breaking even.  One little set back and the house of cards crumbles.  I am not alone.  I have lived 65% below my means, but now reality is knocking. This a an 800 pound gorilla that I can't whup up on.

I am sending the FU virus on to Uncle Sam and Wall Street.  They are welcomed to it.

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