Wednesday, September 9, 2009


Market Ticker posted this. It speaks for itself. This is the beginning of the end for the banks. They will not be able to hide this as they have the collapse of the residential real estate market. This will show on the books. People are going to refuse to pay these jacked up interest rates and fees. Without them, the banks will not be able to paper over the losses they are now hiding. Because we refuse to accept the fact that we must deleverage our debt we are going to see it forced upon us. There will be no order to the collapse. Our leaders will try their damnedest to deny it is happening. Most people will be willing to accept this hopelessly rosy scenario and will not have prepared for what is coming. Our window of opportunity for readying ourselves and our families is slamming shut. If you haven't accepted the inevitable, I pray for your future.

"The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting revolution in America, food riots and tax rebellions – all within four years, while cautioning that putting food on the table will be a more pressing concern than buying Christmas gifts by 2012.

Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting future world and economic events, which will send a chill down your spine considering what he told Fox News this week.

Celente says that by 2012 America will become an undeveloped nation, that there will be a revolution marked by food riots, squatter rebellions, tax revolts and job marches, and that holidays will be more about obtaining food, not gifts."

Info Wars

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