Visitors Now:
Total Visits:
Total Stories:
Profile image
By Tom Dennen, the paranoid historian (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Dept of Homeland Security Whistleblower Pushes Persistent Rumor: Obama Operatives To Commit ‘REICHSTAG’ Event To Trigger Martial Law, Postpone Elections…

Sunday, October 14, 2012 11:32
% of readers think this story is Fact. Add your two cents.

(Before It's News)

The United States in late 2012 is not dying, it is dead. It is not going bankrupt, it is insolvent. Two economic prophets in particular have been predicting a devastating crash for years.

The fiercely independent financial prognosticator Peter Schiff authored a book entitled “The Real Crash“, arguing that it is only a matter of time before America undergoes a catastrophic economic Great Depression. Schiff argues persuasively that the recent economic history of the U.S. has been one of the government creating bubbles which subsequently crash and burn.

We are on the last bubble, according to Schiff. The debt bubble. The government currency bubble. This is truly the final stage for any nation, when it is so badly in debt that it’s terrified of balancing its budget and resorts to either destroying its currency or being forced into bankruptcy by its creditors.

MORE HERE

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.