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Wednesday, June 8, 2011

The Coming Economic Hell For American Families

The economic news is only part of the puzzle. This country has rejected the ancient wisdom that was passed down to us and we have rejected the principles of our founding fathers. We have piled up the biggest mountain of debt in the history of the world and yet somehow we expected that everything would turn out okay. Well, everything is not going to turn out okay.

So what is going to happen when the next wave of the economic crisis hits?
Peter Schiff made the following statement....

"If you look at the economic relapse that’s going on right now, look at Friday’s abysmal job numbers, look at the housing numbers, understand that all of this is taking place with record monetary and fiscal stimulus. What happens if we remove those supports?"


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