Financial Crisis Riots

On November 25, 2008, in doomed, by admin

A financial crisis will be what destroys America.  The true terrorists are the greed of the America economic system.  Consider this quote:

I don’t trust the government, I don’t trust the banks, I don’t trust the political parties, and I don’t trust the IMF. We had a good country here and they’ve ruined it.

Sound familiar?

Well, this one is from Iceland where there has been a complete financial collapse and Iceland wasn’t in as bad of shape as the US is in now.  What happened in Iceland is what the US is looking at but is being temporarily delayed with over $7 TRILLION in bailout money and guarantees.  The US will have TRILLION dollar deficits with increasing NATIONAL DEBT. This is temporary because the money will continue to flow to bailout one company after another –  ultimately this stupid spending will crush the dollar and the hopes of a generation.

With the stock market artificially up for a few days, people are already thinking the worse is over.  But we are still in inning 1 of a very long game.  Sure, the field is loaded with crooked umpires that is keeping everybody playing but it is just a matter of time.

America is doomed.

 

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