Inflation OUT OF CONTROL
Survey: 40% of U.S. companies plan to freeze worker pay in 2009
The other 60% going to cut wages?????????
Health Insurance rising.
Property Taxes INCREASING as home values decrease.
Sales Taxes increasing.
State Income Tax rates increasing.
Wages Falling or Stagnant. Revenues evaporating. Taxes and Insurance skyrocketing. Debt consuming a larger and larger percentage of a family's income....same with business, hospitals, schools, and municipalities.
Unfortunately there is not enough money in America to pay off the debt.
Soon....if revenues drop much further.....there will not be enough money to pay taxes, interest, and insurance payments......an NO MONEY FOR ANYTHING ELSE.
You have been warned......PREPARE....Don't FEAR.
As Gerry Celente says.....when people lose everything.....they lose it!!!!! Although I have not been keeping up with the news with the same intensity....my understanding is that most of the tragedies that occured over the weekend involved UNEMPLOYED people.
Soon, DEFLATION may not be the only thing OUT OF CONTROL. If we reach the point where many will not be able to afford to pay property taxes, insurance and utilties on a home........houses will have NO VALUE.
You think I am kidding.....take a drive through many parts of Michigan, Ohio, Indiana and a number of other areas......
Yes my friends....falling wages.....rising costs.....and suffocating debt......collapsing asset values.....the FU virus is spreading rapidly.