Episode-576- Seven Deadly Cracks in the U.S. Economy [ 1:15:03 ] Play Now | Play in Popup | Download
I authored an article yesterday you can read at The Real Truth About Money called “Seven Deadly Cracks and The False Recovery” (Link). I didn’t want to do this episode today so close to Christmas but I can’t get this out of my head.
The things I will tell you today and the components of the article I will expand upon you really need to know about and be prepared for.
We are about to enter a very dangerous time, a period that will be lauded as recovery, I have been saying this was coming for over two years now. Today I will show you the how and why behind it and the seven deadly cracks that will eventually allow the dam to break.
Join me today as we discuss…
- Reasons things seem to be getting better
- How inflation creates the illusion of recovery
- The real reasons behind the initial crash
- The Seven Deadly Cracks
- The collapse of the housing market is still in full swing
- High unemployment that isn’t getting better
- The majority of US States are near bankruptcy
- Many cities and municipalities are near bankruptcy
- The US is 13 Trillion dollars in debt and climbing
- The deficit in 2010 was over 1.4 trillion dollars and it will be as bad in 2011
- FAS 157 Voodoo Keeping Bankrupt Banks Appearing Profitable
- What you can do about this
- Protecting your wealth in the future
- Why holding some cash is something you must do despite inflation
- Debt must go NOW, here’s why
- My outlook is positive as always, the wold is going on sale again!
Resources for Today’s Show
- Members Support Brigade
- TSP Gear Shop
- Join Our Forum
- Bulk Ammo – (sponsor of the day)
- Emergency Essentials – (sponsor of the day)
- Seven Deadly Cracks and The False Recovery
- The collapse of the housing market is still in full swing
- High unemployment that isn’t getting better
- The majority of US States are near bankruptcy
- Many cities and municipalities are near bankruptcy
- The US is 13 Trillion dollars in debt and climbing
- The deficit in 2010 was over 1.4 trillion dollars and it will be as bad in 2011
- MFAS 157 Voodoo Props up US Banks – Youtube Video
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