Prepare....To Be ZOMBULATED!!!!
Our nation is in trouble and it is time for us to put our collective heads together.
For over a year Alstry has been warning..Prepare...Don't Fear.
Now one in eight mortgages are late or in foreclosure.
Millions have lost their jobs or suffered dramatic paycuts.
Commercial Real Estate is crashing as are home prices....and you know the rest of the song.
Zombulation...the point where one spends down all of their savings plus credit or the point where government is forced to tax your entire income and net worth.
Here we are...within 12-24 months....70-90% of America will be zombulated. Since Alstry started blogging millions already have and tens of millions are on the brink of zombulation.
You can run but can't hide...it is ocurring worldwide. Our president is facing a 50% revenue drop against record debt left to him by previous administrations. If he cut out entitlements completely, there still wouldn't be enough revenues to cover interest payments and the rest of the obligations.
There are only two choices under the current Zombulation Policies.....double or triple taxes or eliminate entitlements. If we eliminate entitlements, millions of Americans would be broke and our entire healt hcare system gutted...some might compare the outcome to many impoverished third world nations all around the globe. If we cut entitlements, those that were beneficiaries of such payments would no longer pay taxes and the burden of taxes would be concentrated among the precious few.
If we double or triple taxes, between current interest obligations and very high tax burdens, few would have any money for goods and services which would lead to a severe contraction in the economy.
So which is it, cut entitlements and become like Pakistan with lots of impoverished all over the place, or double or triple taxes.....the choices are very limited unless you want to go invade another country and try to steal their wealth.
WELCOME TO ZOMBULATION.....Alstry hopes you are prepared.