US Economic Collapse 2013 – Be Prepared!
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Ford didn’t take a bail out. They planned for the bubble by selling jaguar and landrover. Then they cut the Mercury line. Where did this guy get his facts? The sad thing is this video was good right up until that fib. How can someone do so much research and fudge a detail like that right at the end? Chrystler was the other company taking bailouts! Not Ford!
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Er … Ford did take a sizable loan that it still has yet to repay.
http://www.forbes.com/sites/joannmuller/2012/08/29/automakers-report-card-who-still-owes-taxpayers-money-the-answer-might-surprise-you/
Actually that was what the government offered Ford.
They actually refused the bailout. They would stop one of their line of cars before they took the bailout money.
I don’t think so, but we will see the country becoming more dysfunctional. Means education, infrastructure goes down the sink.
Everyone is an economic expert. No one is an economic expert. Pick one.
We have enough oil and will get it when it becomes necessary. Don’t underestimate America.
Especially if we allowed the military to handle that-not politicians.
The generation of Amurikans between the ages of 20-50 feel no responsibility to follow the general culture and traditions of past Amurikan society. Just about anything goes, this administration really represents this gang, in all they do. From hoodlum gang antics to nepotistic hiring (from the old chicago hood) this type of gang mentality permeates, at least 90% of this general age group. Destructive “fresh ideas” are actively sought and implemented like a naughty toddler might engage in before learning some general disipline. If the Constitution or any laws stand in the way, they must be ignored or trashed as quickly as possible. This attitude by this administration is seen even unconsciously by most Amurikans, and the message of anarchy will probably be played out at some oppurtune time in the near future.
Keep posting fear porn like this and you will eventually fulfill your self-fulfilling prophecy and the economy will crash. Confidence in the economy and potential solutions to our monetary policy is paramount to any recovery. Articles like this only erode that valuable commodity of any robust economy, Confidence. Why don’t you write an article about the Rothschild/Rockefeller controlled Federal Reserve Bank’s calculated plan to destroy the U.S. Economy through it’s insane currency destructive policies that clearly show their true intent and purpose…to print the dollar into worthlessness, while transferring their wealth to the Far East, gutting the U.S. and eventually turning the entire nation into the City of Detroit??
The Fed, Goldman Sachs and The U.S. Treasury Department are one in the same…except the U.S. doesn’t reap the profits, they supply them. End the Fed, arrest the Bankers who sold us Derivatives, begin the issuance of U.S. Treasury Backed Silver Certificates to replace the Federal Reserve’s IOU scheme of a currency, the U.S. Dollar, just as JFK attempted to do in the Summer of 1963. It worked for Iceland and it can work for us. Also, I say mint 16 $1 Trillion Dollar Platinum Coins and pay off the Fed’s so-called “debt” owed to them by the U.S. Taxpayer…it is the only loophole allowable in the Federal Reserve Act of 1913. It is either that or the Austerity measures they are forcing on us via the Sequestration. RECALL CONGRESS AND END THE FED.
@ Usefuleater
I second that
There is a third way I think even though it might unease some. I think it would be fair to start a procedure in view of invalidating the treacherous 1913 law which took away the governmental control of the currency. The way this law was put forward is in itself an act of treason, making a handful of conniving traitors vote for it while the rest of others were having a christmas eve with their families and friends. And rightfully so may I add. So NO, no more money goes into those pockets instead it’s quite the contrary that should be done and ask them for the stolen money back through huge fines and other means. and put this money back into a real Federal Banking of the USA or other it doesn’t matter as long as it’s truly run by the government.
So what do you say? Is it a playable hand?
Yes but you don’t give the money back to the government; was it the government who financed this treason for the last 100 years? You give the money back to the people.
All you say is correct-don’t forget the military has to do the arresting and convictions or we’ll only all wind up in the prisons and worse.You fight fire with fire.It separates the gold from the slag.
Amen to that!
I think the worst part of the money supply inflation by the gov’t is that one is punished for putting aside a little every month! So one is forced to put one’s money into ever more speculative “investments”, which causes stock, real estate, bonds, gold, higher education, …, prices to go through the roof. So God help you if you live a modest life and put aside a bit every month – the US gov’t is going to crush you like a little bug!!
But if you’re a gambler, not an investors or entrepreneur mind you, but a no-holds-barred gambler, why you’ll be rewarded. And if, for example, prices on your real estate go south, no problemo, just walk away and the US gov’t will bail out your bank (oh, and the US gov’t probably is your bank, as the vast majority of residential real estate loans these days are FHA loans).
Taking any bailouts until those jobs were back in Detroit & us is an American sellout.
The japanese electronics companies manufacture all their products in China now. That’s why it all went wrong in Japan.
Here we go again with unfounded predictions. I am sure there will come a day when the economy will crash then one person, out of a million predictors, will be right.
These are probably the same people who gave us the end of the world with Mayan calendar. So dont’ take this one too seriously.
Don’t fool yourself. There WILL be a finacial meltdown. I just happen to think it will be sooner rather than later.
We can always sell a bag of grain to our oil suppliers for the same as a barrel of oil.