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Thursday, July 19, 2012

Secret Of Oz The Reality Detached American Global Economy Implosion

Secret Of Oz

The Reality Detached American

Global Economy Implosion

July-19-2012- Why is America going broke. It wasn't clear then that we were, but it is today. Now the question is how can we get out of this mess. Foreclosures are everywhere, unemployment is skyrocketing - and this is only the beginning. America's economy is on a long, slippery slope from here on. The bubble ride of debt has come to an end. What can government do? The sad answer is -under the current monetary system - nothing.

World’s largest hedge fund says Economic collapse by early 2013-2015 Money printing to deal with massive debt will lead to a collapse in the economy intervened bond markets, A massive crash over the next two to three years as a bond market bubble, coupled with the U.S. dollar, collapses under the weight of excessive debt. The coming crisis to blow the 2008-9 financial crisis out of the water. With a stagnant U.S. economy, more than $15 trillion in national debt, and some $65 trillion in unfunded federal liabilities fast coming due, America faces the very real possibility of an economic collapse in the not-too-distant future. At that point, the Federal Reserve will unleash a third round of Quantitative Easing weakening the dollar without jump-starting the economy. As a result of dollar weakness, import prices rise, pressing the margins of corporate America. Lower margins lead to heavy layoffs, sending millions of workers into unemployment during a time when they can least afford it. Banks fail, housing collapses, and taxes are raised in a futile effort to give the tapped-out government the capital to try yet more futile stimulus.

"The global outlook is deteriorating, with recent downward revisions in global growth projections and severe downside risks," Poor countries are increasingly vulnerable to grim risks that could reverberate through the global economy if the euro-zone debt crisis implodes, potentially forcing 23 million more people around the world into poverty.

INFO-AWARENESS , VIKEN Z KOKOZIAN ,88888FORCE

Secret Of Oz

The Reality Detached American

Global Economy Implosion