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Title: US ECONOMY IS IN MELTDOWN 5 View count: 401 Rating: 4.5 (8 ratings) Description: US ECONOMY IS IN MELTDOWN 5 The US Economy & Financial System is on the Brink... Negative Fundamentals cannot be Ignored]. LEARN: 1. Cheap Overprduction - China, India & Asia have become forces for cheap overproduction. 2. Over 2 Biillion Low Wage Workers have Entered the Global Work Force. [China, India, Asia, Eastern Europe] Work for wages 75%- 95% less than Americans 3. US Factories MUST Move Overseas to Compete - US Businesses can't produce products as cheap as China, India, Asia etc. To survive, they must move their manufacturing to those countries - permanently eliminating millions or tens of millions of US jobs! [Mexico cannot compete with China] 4. The US Middle Clas Is being ELIMINATED - as Millions of formerly well-paid white and blue collar workers are forced tro seek low-paying jobs (Wal-Mart, McDonalds, Starbucks, etc). [All controlled by Illuminati members]. 5. Business Profits are Being Permanently Squeezed - as Costs (ie raw materials, shipping, medical, labour, etc) rise while prices fall - due to global price competition and the INternet which acts as a suppressor of prices. 6. Only massive US Consumer Consumptiom (Over Consumption) Has Kept the US and Global Economy Afloat in Recent Years - But US Consumers are maxed out with DEBT and things are now seeing DECLINING INCOMES! [How many more things can you buy?] 7. To Keep US Consumers Borrowing and Spending, the [PRIVATE not PUBLIC] Fed has Created 2 HUGE INFLATIONARY Bubbles: In STOCKS & REAL ESTATE! Both bubbles are now VERY vulnerable to a massive implosion or collapse. [Both bubbles were CAUSED by the FED!] [March 2000 = October 2002 Stock Market dropped by 8 TRILLION LOSS] People had to be distrated from Shares to Real Estate [All deliberately orchestrated by Alan GREENSPAN - the Chairman of the FED!] 8. Foreign Dollar Holders are Getting Very Nervous - Twin $500 Billion Deficits, Budget & Trade Deficit [the reality is more like 800 Billion x 2 = $1.6 Trillion]. Very low INterest Rates, a weakening US Stock Market & Faltering US economy are causing Foreign Dollar Holders to move into other currencies. [This will impact GOLD!] 9. The FED and Foreign Central Banks Only have One Tool Left To Fight a Global Defaltion: Their Printing Presses - TRILLIONS of Dollars in new liquidity are being produced to stop a global debt IMPLOSION and DEPRESSION. 2 weeks ago the FED created 52 Billion Dollars out of thin air in 1 week. [Annualised as 2.5 TRILLION Dollars per year!] Tags: us, economy, is, in, meltdown, Author: philnottinghill |
