The Greater Depression is HERE. The time to prepare for coming dark days is over. The time to protect your family and wealth is NOW. Fortunately, there is still time.
Banks are failing at rates even higher than last year. Despite the assurances from the White House that the economy and employment are growing, UNEMPLOYMENT is already at a level unseen in the U.S. since the Great Depression, and the situation is getting worse.
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The Dow and Depression
Posted on April 28th, 2007 No commentsMichael Nystrom has an excellent post at Bull (Not Bull) about the real dangers in what the U.S. Government is doing right now, and why all the exuberance about the record setting Dow is far from accurate. In short, they’re printing money like ink is cheaper than dirt. This is a bad, bad move, but one the movers of our government obviously think is the best course of action.
They are wrong.
Then again, George at Urban Survival is expecting a slate-clearing-attention-diverting event to bail them out of the mess they’ve gotten themselves into. Who can say that expectation is far-fetched?
Inflation, Dow 13K and the Second Great Depression | via Kunstler.com
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