At least I think it was. Do you expect me to remember that far back? First, a little background about the company in question, World Financial Group.
The writing is on the wall and can no longer be ignored. We will continue adding trillions of dollars to the national debt clock until such time that our creditors no longer lend us money. Unfortunately, the current strategy is chock full of its own pitfalls, the least of which being the real possibility of a hyperinflationary environment developing over coming months and years.
On Main Street, average Americans have seen their wealth decimated. And if recent reports are any indication, the destruction of the middle class will continue unabated for years to come. Americans no longer have money or credit to spend to prop up the economy, thus more jobs will be lost, leading to more people requiring government assistance for everything from food to shelter.
We are, on every level, facing a collapse of unprecedented scale. The number of people whose eyes have been opened seems to be growing, and many of them are asking what the collapse will look like as it unfolds. What will the symptoms be? But the collapse of our financial system, or hyperinflation of our currency, or a meltdown in US Treasuries is only the beginning.
We know some or all of these events are all but a foregone conclusion. But, along the way, there will be numerous surprises—actions taken by governments that may be as unprecedented as they would be unlawful.
Because, again, such actions are the norm when a government finds itself losing its grip over the people it perceives as its minions. Here are a few: This has begun in a small way in both the EU and US. Later, travel restrictions will be extended within the boundaries of countries highway checkpoints, etc.
The EU has instituted the confiscation of bank accounts, which can be expected to become an international form of governmental theft. The food industry operates on very small profit margins and survives only as a result of quick payment of invoices.
With dramatic inflation, marginal businesses suppliers, wholesalers, and retailers will fall by the wayside. The percentage of failing businesses will be dependent upon the duration and severity of the inflationary trend.
A dramatic increase in the number of home and business foreclosures will result in homelessness for anyone whose debt exceeds his ability to pay—even those who presently appear to be well-off. As numbers rise significantly, a new homeless class will be created amongst the former middle class.
Similar legislation may be expected in other countries that perceive martial law as a solution to civil unrest.
The above list is purposely brief—a sampling of eventualities that, should they occur, will almost definitely come unannounced. As the decline unfolds, they will surely happen with greater frequency. The fact is that the US government, for the last decade, has been moving increasingly closer to what can only be described as a police state.
With watch lists, militarized police departments, legislative actions, and executive orders the government has already set the stage for these secondary events.
When the system itself is no longer able to support the tens of millions of Americans receiving monthly government assistance, one hiccup could set the whole thing ablaze.Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more.
English Vocabulary Word List Alan Beale's Core Vocabulary Compiled from 3 Small ESL Dictionaries ( Words). Stay ahead of the curve with the latest news and scoops about your favorite TV shows and movies.
Online Business Ideas with Low or No Investment. Online businesses are the hottest business opportunities provided you have interest & knowledge in starting an online business. In the UK, product placement was forbidden until February , but there's also the issue of "undue prominence", wherein a particular brand is, outside of any product placement agreement, given excessive exposure (Mitchell and Webb noted this in great style with the conclusion that a porn scene about a satellite TV installer would have to be a gang-bang to ensure no single brand was given.
This is a discussion of Islam, especially violent radical Islam, and its effect on US national security and the stability of our American culture. Militant Islamism is headed toward world domination, despite its claims to be a religion of peace. Islam is not just another way to God.
It is incompatible with Christianity. If Christianity is true and valid then Islam cannot be.