'To depend on government at a time like this is lunacy'
An article from Money Morning caught my eye this week, titled, “Faber warns ‘Everything will collapse.’” In response to Bernanke’s stimulus plan (QE3) as well as the Fed’s predilection to print money, economist Marc Faber appeared on Bloomberg TV with ominous warnings about our nation’s financial future: “Eventually we will have a systematic crisis and everything will collapse.” .....According to Chris Martenson (global economic trend forecaster, former VP of a Fortune 300 and expert on the dangers of exponential growth in the economy), “[W]hat’s really disturbing about these findings is that the pattern isn’t limited to our economy. We found the same catastrophic pattern in our energy, food, and water systems as well.” He warns these structures could all implode simultaneously. “Food, water, energy, money. Everything,” said Martenson.........This ignorance is encouraged by the blatant media bias (Unemployment drops to 7.8%! The highest one-month change in 29 years!) which persistently downplays danger from terrorism, obfuscates the government’s financial policies and applauds anything (such as Obamacare) that grows government control at the expense of constitutional restraints. To Read More....
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