Thursday, July 5, 2012

"A Tale of Two Economies" OR "Liar, Liar, Pants on Fire"

If you're getting your news from the mainstream media, you probably think we've dodged a bullet. We're in recovery, they say. The recession was one of the deepest in recent history, but we're coming out of it slowly but surely, inch-by-inch we're definitely climbing up and out of the hole we dropped into back in '08.

Not so fast.

According to alternate news sources, the mainstream media is full of bologna.

So, who do we believe?

Sadly, even a cursory look at the facts makes it clear our local and national news is biased against...well, the truth. What?!

You heard it right, folks. It's time to take matters into our own hands. We must take responsibility for ourselves and find out what is really going on or suffer the consequences.

Here's a sneak peak of what you might find (if you dare to look): Economist John Williams: "The GDP has plunged, and we have been bottom-bouncing ever since the financial crisis started." Williams says, "The next crash will be a lot worse because it will push us into the early stages of hyperinflation." He believes this will happen "by the end of 2014--at the latest." But long before then he thinks there's a good chance there will be "panic-selling of the U.S. dollar" if the Fed steps in with more Quantitative Easing ( a fancy name for printing more money) in an attempt to save the financial system and the big banks from failure.Williams predicts that one way or another "there will eventually be a crisis to bring the system down as we know it...we're on the brink." It's a mathematical certainty, he thinks.

Gerald Celente, publisher of the Trends Journal and known for his uncanny ability to forecast financial and future world events, believes we are headed for big trouble. According to Celente, "America has already turned into pre-World War II Germany" and " a war with Iran will be the beginning of WWIII." He believes that what's going on in Europe with the sovereign debt crisis is related to a worldwide bank takeover.

Economic forecaster, Reggie Middleton predicted the financial crisis of 2008 with amazing accuracy. Now he says, "Europe is coming to the end of the road very soon." If you listened to the mainstream media, you'd think the debt crisis in Europe was all but solved. Not so, according to Middleton. "Europe is insolvent. Collapse in Europe is absolutely unavoidable. It's a foregone conclusion."

Keep in mind, we've got a global economy--Europe eats a lemon, we get the heartburn.

Don't allow the mainstream media wonks to lure you to sleep. Take a look for yourself to see what's going on and  then ask yourself this question:

Is that a light at the end of the tunnel or a train-wreck headed this way?

A wise man once said: 
"Keep your lives free from the love of money and be content with what you have, because God has said, 'Never will I leave you; never will I forsake you.'" (Hebrews 13:15)


  • Fox News: Iran: We can hit U.S. bases within minutes of an attack.
  • CNBC: China, Europe slash interest rates in a desperate move to lift economies
  • MSNBC:  Drought, record high temps, plague lower 48
  • Donald Trump: "Obama will start Iran War to win election."

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