Agree Chris
Not being alarmist at all - there is so many very intelligent analysts and economists all over the globe all pointing to the same set of unfolding financial disasters in the US.
Its everywhere on the net, in many serious publications - no conspiracy theories.
There is a huge set of problems unfolding - most of them because America is more than $70 trillion in debt, even before Obama's health care kicks in - some are saying it could be nearly double that.
The "official" government figure is $16.9 trillion!
Here is just one:
http://investmentwatchblog.com/us-debt- ... nt-claims/Like the banking collapse that happened before, all of the debts and problems were hidden, this time it is the governments cooking the books and figures.
Whole states are bankrupt, infrastructure is in a perilous state across the US, and the double whammy of massive bushfires,floods, cyclones extending into areas unheard of before & the seasons extending.
Climate change is here to stay, and the timing could not be worse!
Meanwhile the US middle class is hemorrhaging, and the main banks look like they are going to get devalued again, when that happens, it will cause a rush on them, GFC MkII on steriods this time...a depression is on its way.
There is no way out because of the insane debt, and there is no where near enough growth to counteract it!
The US currency is on the brink of losing its status as the default world currency.
Hence the war in Syria.
We wont escape as easy this time - be very thoughtful who you vote for in a few weeks, there is a reason we missed the last one, very timely fast money injection into our economy saved our asses!
Most people will ignore the warnings until its way too late.
History proves this.
I wish it wasnt so - I really do.
Hang on to your seats folks!