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Wednesday, August 15, 2012

Very important article on the coming economic collapse...

Economic Collapse is inevitable, here's why...

America is quickly approaching a catastrophic economic collapse. Before you dismiss this as hype or paranoia, take a few minutes to review the facts outlined on this page. The numbers don’t lie. At this point, the dollar crash is unavoidable… far from an exaggeration this is a mathematical certainty. As repelling as that sounds, it’s in your own best interest to learn just how bad the situation is.

According to the talking heads of mainstream press the economy is slowly recovering and the financial crisis is all but behind us, but we need a reality check. It’s time to stop being naive and start being more discerning. Instead of more false hope, we need the truth as bitter as it might sound… and the truth is, from our local municipalities, to our states to our federal government, we are broke… the truth is we can’t payback our debt without getting into even more debt… the truth is the housing crash of 2008 was just a small preview of what’s to come.



America is drowning in debt. The government’s liabilities are now growing at an exponential rate. Our national debt is on a vicious downward spiral.

To our detriment our government continues to pretend that we can borrow our way out of debt and only handful of our politicians are willing to admit that our nation is now bankrupt.

Contrary to rhetoric coming out of Washington, no tax hike or budget cut will get us out of this mess. The kind of measures that would actually bring about meaningful change to curb the financial collapse are deemed too severe to be even considered.

Examine the evidence outlined below, connect the dots and think for yourself...


Read the rest here:
http://www.hangthebankers.com/economic-collapse-is-inevitable-heres-why/

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