Be Afraid…Be Very Afraid
May 17, 2012 // 1 CommentI received an email today from an email list that I subscribe to. I subscribe to a bunch of these lists and I generally don’t pass on emails I get unless I am really moved to do so. Today I was moved so I passed on the article contained in the email to some of my friends and I got a very good response from those who have read it, even receiving a phone call from one friend.
Because it’s such an important topic, one that will eventually impact everybody in the United States if not most of the world, I feel compelled to pass it on here in the hopes that many more people will read it and prepare for what is coming, and coming soon.
Dennis
Economic Alert: If You’re Not Worried Yet…You Should Be
By Brandon Smith
For the past four years I have been covering the progression of the global economic crisis with an emphasis on the debilitating effects it has had on the American financial system. Only once before have I ever issued an economic alert, and this was at the onset of the very first credit downgrade in U.S. history by S&P. I do not take the word “alert” lightly. Since 2008 we have seen a cycle of events that have severely weakened our country’s foundation, but each event has then been followed by a lull, sometimes 4 to 6 months at a stretch, which seems to disarm the public, drawing them back into apathy and complacency. The calm moments before each passing storm give Americans a false sense of hope that our capsized fiscal vessel will somehow right itself if we just hold on a little longer…
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Everyone need to read this article and click the read more and read some more. The author is 150% spot on!