We Are Screwed
Monty Pelerin / EconomicNoise.com
We are approaching an ending to the economic (and perhaps political) world as we have known it over the last 100 years. Two World Wars certainly changed the political landscape, but what is coming is going to alter the world more than these wars. What we are headed for is something bigger and worse than the Great Depression.
A third World War is not out of the question as politicians and governments get increasingly desperate. Whether there is massive war or not, we face the greatest economic debacle the world has ever seen. Nothing will be the same after these economic forces finally exert themselves and overrun politics.
Listen to John Mauldin’s discussion of the Endgame or what I call “Economic Armageddon:”
By the way, I believe Mr. Mauldin is overly optimistic in regard to the possibilities of a a political solution.
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Before things have time to fully collapse or recover or whatever, we will have to deal with severely overriding circumstances. I agree that the financial situation crashing the world is a full house but before we reach for the pot, take a look at the hand with a royal flush of sequential natural catastrophes. Can’t eat money or gold.
For the Joe six packers “…It’s all Obama’s fault…” that’s how far they can see!
Time to GO ICELANDIC ON THEM!!!!!!!
TAX STRIKE 2013!!!!!!!!!
ARREST-CONVICT-IMPRISON OR PUT TO DEATH THE PERPETRATORS OF THESE CRIMES AGAINST AMERICANS!!!!!!!!!!
all obamao fault