Economics

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Thursday, 8 December 2011

2012 — The End of America — trillion dollar deficits Collapse

A Tsunami of debt is growing and will drown the United States by 2020. Unfunded entitlement promises will be ruinous to keep and if cut will likely bring civil unrest. Sovereign insolvency is likely to spread across the Globe as higher interest rates are demanded for government borrowing. America faces a terminal decline as an economic Superpower as stagnation and high unemployment sap its strength.

Something drastic is coming, it is inevitable. A system that is sensitive to the majority not the minority is needed. 1/10 of 1% should not have more wealth than half the planet, it is greedy and inhumane. I don’t need an abundance of food when children are dying of starving every 3 minutes.

The End of America as we know it to be is imminent...more

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