Are you ready to RUMBLE????
You now KNOW America and much of the world is BROKE or going broke...even the EXPERTS see it clearly:
Our fundamental financial and economic problems, i.e. overleveraging, lack of transparency, have not been solved.
Since 2008, capacity utilization has plummeted; businesses have no pricing power;
U.S. lost 6.7 million jobs but numbers are underreported;
personal income tax receipts are down 21%; corporate tax receipts are down 58%;
U.S. deficit will exceed $1.8 trillion; govt. spending is now 185% of tax receipts;
13% of mortgages are seriously delinquent and/or in foreclosure;
huge decrease in personal net worth; 15 million mortgages exceed the home value.
We’re on a massive debt spending spree. Income on all levels is not sufficient to make debt payments.
WORLD BANK RUNNING OUT OF MONEY...
None of this was hard to see...and with the banks being the only ones bailed out and debt allowed to survive suffocating our economy...our nation is shutting down. Whenever you cut off credit and income to a population...the population is driven into distress and unrest is the natural consequence.
Many of our cities are deteriorating and becoming uninhabitable....
This has been Benny B's and Timmy G's plan all along....any Fool should now see it...why else would you bail out insolvent bankers, give them billions in bonuses and let the economy crash by starving it of funds and raise interest rates on a massive amount of debt while saying things are getting better the whole time?????
Time is running out as the natives see through the illusion and lies as millions see only dim propects ahead.
Now the police departments across the nation are preparing for what is coming...they are being armed with Long Range High Frequency crowd control weapons...weapons that have never been turned against our own citizens until recently.
With sales evaporating, unemployment showing no signs of abating, towns firing local police and fire fighters, and much of our youth unemployed with little in the way of opportunity.....the conditions are now ripe for an economic collapse:
"Regarding the outlook, my analysis is grim. I am not a doomsayer, I follow the cash, and so far, I’ve been correct, and the government has been wrong. Here’s the situation. We are at greater risk of a total meltdown due to a deflationary collapse than we were in 2007. After the greatest Ponzi scheme in the history of the capital markets, we’ve seen history’s greatest fiscal and monetary expansion, but it hasn’t worked. Debt levels of consumers and business exceed the capacity to repay."
Ms. Tavakoli is right...it is simply impossible to pay back the debt that the bankers infected our economy with....the money never really existed in the first place....and now that bankers are cutting off credit, income is evaporating and the economy is shutting down.
Fools...I warned you to prepare....In 9.09 you knew it was here........now its time for Benny B and Timmy G to impose the fear.........The Zombulator is about to be powered up into full gear.
All I can say is now that you know....soon you will Feel.....and for you my little Alstrybaters, please don't squeal.