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Thursday, August 18, 2011

Economic End Times - Are You Ready

Despite a deepening global depression, establishment economists are in denial. On June 9, the Wall Street Journal said those surveyed expected slow, steady growth through 2011, despite high US unemployment, a housing depression, European sovereign debt in crisis, and the unreported insolvency of major French, German, Italian and other banks.

On June 8, testifying before the House Budget Committee, Fed chairman Bernanke fantasized about 3.5% US growth through 2011, stopping just short of ruling out the possibility of recession he called “unlikely.” In fact the economy is shrinking but data manipulation would have us believe it is growing!

Remember 2007, when equity and housing bubbles peaked, neither he or Greenspan expressed alarm and in fact said it was just a "blip," destroying their credibility in the process.

Meanwhile Lamestream media pundents are in fact sanguine, calling America’s economy strong, attributing negative views to a crisis of confidence, not hard reality....is anyone left who believes that?

In fact practically every major variable is negative... even with heavily manipulated data We are past the tipping point and the bankers and fat cats are milking the last wealth from the stock market.

What to do? BE PREPARED! 

Start a Survival Garden with Straw Bales....its simple and anyone can do it with little knowledge a surval pack of NON-GMO HEIRLOOM SEEDS and a few bails of hay...

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