Great Panic Coming?
By: George Krum | Sun, Sep 9, 2012
The depression and panic will come before the current administration goes out of office. Nothing can prevent it. Our government debt is almost as great as the debts of all the balance of the world put together. With this burden of debt and the government expenses, how can a panic and depression be prevented?
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The United States has been the greatest spender and the greatest waster, and the taxpayers will be the greatest losers. I believe the Bible when it says that you shall reap just what you sow. The current administration has given away hundreds of billions of dollars, and the result will be a panic and depression which will shake the foundation of this country and cause the voters to vote out the Democrats. It will be too late to do anything after the crash comes. Taxpayers have it in their power to stop this expense if they will organize and do something about it before it is too late. If spending and giving away continues, as it is at the present time, it will just be a matter of a short time before the government will begin to confiscate property and everything else.
There will be many causes of the next great depression. Greece is broke, and most all of the other countries in Europe are in the same fix.
Japan, China and India are in a bad financial condition and are likely to get worse if Communism continues to dominate China.
The United States debt is a great burden which cannot be overcome. The wasteful spending of our government has already cause irreparable damage and even if it should stop now panic would come anyway.
Foreign investors are already selling stocks in our market and have been for some time.
The investors in the United States nearly always sell in the last stages of a bear market. When business men and investors in the United States lose confidence in the government’s ability to prevent a depression then matters will get worse because business and the stock market held up as long as people have confidence.
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Whistler Blowers, Insiders
It’s coming down regardless. The question is: “Under what dictator do you want over you?” Because Martial Law WILL be implemented. My question to you all is, “How far will you go to retain your freedom and Liberty?” I think a good measurement is the incredible gun purchases (Millions) over the last 6 months is a good indication that we Americans do not trust our Government.
Bullseye!
Yes, the greatest waste is WAR.
Funny how so many bible people seem forget Shall Not Kill.
There is a difference between killing an enemy and murder, just sayin’.
gwyn- thou shalt not kill is the incorrect translation from hebrew into english. The correct translation is thou shalt not MURDER. big big difference. God never said not to defend yourselves or your nation. Israel is proof of that. make sure you have the correct translations; there are many many errors in translation from the greek and hebrew manuscripts into english. the king james commission realized this and original versions of the king james bible came with a 35 page letter outlining the translation problems THAT THEY WERE AWARE OF. there are many more they were not. As far as the wars go, i agree with you about them as they are all trumped up and started with false flag attacks and americans, get behind them even though these wars are created for the benefit of the global elites. they are the source of the worlds problems; you get rid of them, you get rid of the problems.
When Government sent things up to happen so they have to go to war that is Murder. Of both our people and theirs. When the goal is to control other country water, gold or food. I do not care they can say it to protect us, it also stealing other people land and earthly riches. And not for those who die doing for rulers but for those in power who have nothing to lose most of the time.
Wars usual are not fought for just protect ones people. It may start out that way but some where along the way control of water, food or oil will be the reason to stay and fight.
We been at War for eleven years do really thing we are there getting back at those who bomb us on 9/11? The goal was lost some time ago. No it other things. So our big business can mine or dig something up.
BUY TONS OF GOLD!
Bon apppetit, do you want corn syrup on your gold. Oh sorry I forgot you don’t have any corn to make syrup, in fact you don’t have any corn for anything, not even for gold.
“The depression and panic” What you mean it isn’t alread obsessed with fear, depression, and paranoia. Dont’ be silly America is a Christian country, so has always been infected thus. They flog fear and paranoia to death and always have, it’s what Christianity survives on… that and emotional black mail.
gwyn with all respect you need to go back and read the book if you want to quote it.
It’s not the size of the government debt that is so important, it’s to whom it is owed. If the majority of the debt is owed within the US to Americans it is eminently manageable. If the majority is owed to foreign creditors, the problem becomes a disaster.
Is everyone hardcore paranoid and fatalistic??? These same predictions were issued during the Clinton Administration, simmered during the Bush years, and once again reared its hate-mongering, fear-promoting head. Yes I will watch nothing happen. This website is the new National Enquirer…only worst.
welll….
The writing has been on the wall for some time. The economy is going down and fast. Just look outside of your bubble – take a drive outside of your usual area and you may see alot of homesless folks. These folks use to have jobs and homes.
My advise is to stock up on food, guns & ammo. If you purchased say Peanut Butter a year ago, the price was nearly 1/2 of what it is today. Even CNN mentions that food prices are going up due to all of the drought in the farm belt. Beef prices are high due to the past two years of extreme drought and will continue to sky rocket.
Combine the joblessness and the high cost of food you have a problem. Now through in the Nations Debt to China and others – we have a real problem.
Wake up Americans – get your head out of the sand and prepare.