In this report we will discuss the latest news on the economic collapse. We are seeing more drills that include military helicopters flying in cities. We are seeing more taxes being imposed on Americans. We are seeing Europe suffering with a recession/depression. War is on the horizon and is building with Syria, US, and Russia. All of this leads to one thing and one thing only, the economic collapse is approaching.
2013 The U S Dollar Projected to Collapse
Economist Richard Duncan: Civilization May Not Survive ‘Death Spiral’…”the danger imminent.”
Richard Duncan, formerly of the World Bank and chief economist at Blackhorse Asset Mgmt., says America’s $16 trillion federal debt has escalated into a “death spiral, “as he told CNBC.
And it could result in a depression so severe that he doesn’t “think our civilization could survive it.”
And Duncan is not alone in warning that the U.S. economy may go into a “death spiral.”
Since the recession, noted economists including Laurence Kotlikoff, a former member of President Reagan’s Council of Economic Advisers, have come to similar conclusions.
Kotlikoff estimates the true fiscal gap is $211 trillion when unfunded entitlements like Social Security and Medicare are included.
However, while the debt crisis numbers are well known to most Americans, the economy hasn’t suffered a major correction for almost 4 years.
So the questions remain: Is the threat of collapse for real? And if so, when?
A team of scientists, economists, and geopolitical analysts believes they have proof that the threat is indeed real – and the danger imminent.
An unstable recovery built on debt
Don’t be fooled by the huge run in the US stock market and the rebound in the housing market. The financial crisis never really ended, and its effects continue to roil the global economy.
FED’s Propaganda On Deflation, Inflation & Bubbles
Every day, I read dozens of articles on finance and economics and I am amazed that the mainstream media continue to publish articles written by the so-called financial experts and Nobel Laureates such as Paul Krugman which are essentially mumbo-jumbo and nonsensical FED speak especially issues relating to deflation and inflation and financial bubbles!
Let me explain in simple common sense language.
None Of Us Are Keynesians Now
Governments have pumped $33 trillion in, over the past five years, and still the world economy stalls–just add more right?”
Zuckerberg: America’s Failure To Produce Engineers Is ‘Systemic’
Wall Street’s Biggest Job Cuts Still to Happen, Meredith Whitney Says
Wall Street firms must cut more jobs to boost their return on equity and satisfy shareholders, said Meredith Whitney, a banking analyst and founder of Meredith Whitney Advisory Group LLC.
“The biggest layoffs are ahead of us,” Whitney said in a Bloomberg Television interview with Tom Keene, Sara Eisen and Scarlet Fu. “It’s no fun, it’s painful but you have to downsize dramatically, get more efficient on every single line of business.”