Welcome To The Depression.....
November 24, 2010
– Comments (7)
Did you really think Wall Street was going to keep lending trillions every year?????
Squatters overrunning foreclosed homes in LA...
Ireland Plans to Reduce Spending 20%, Raise Taxes...
Gloom, anger spreads as European economies teeter
China, Russia Quit Dollar
If no one accepts the dollar.....America is in serious trouble.....we depend on oil for everything we do.....
Most of our oil is imported.......and we are a geographically large country dependent on oil to function.....FOR EVERYTHING.
Our natural resources, especially crops, are transported thousands of miles between harvest, distribution, and eventual consumption.....that transportation is dependent on oil........lots and lots of oil......most of it is imported and dependent on a strong dollar to remain reasonably priced.
As oil goes up in price, there is less and less money to spend on anything else.....and tens of millions of jobs will be lost in the process.......
Doctors' Hospital of Michigan - Warns Staff of Possible Layoffs
MetroWest Medical Center - 50
Thomas Hospital - 20
St. Joe Hospital - 15
Ohio Valley Medical Center in Wheeling and East Ohio Regional Hospital - 34
WTF...we are bragging about retail sales when millions of Americans are buying crap and not paying their mortgages?
As the bankers lie about their asset values and steal billions in bonuses?
If you had just committed the biggest fraud in human history and infected a nation with tens of trillions of dollars it mathematically couldn't pay back.....wouldn't starting WW3 be the perfect diversion?
hmmmmmm.......... Russia and China vs.????????????????????
U.S. sends carrier strike group to Yellow Sea near Korea...
Afghan violence soars, insurgency expanding..