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2014-Crisis Outlook – 2008 Aftershock Coming Soon

March 3, 2014

In 2006, while the US housing market was at its supreme, Robert Wiedemer, an obscure economist predicted that the country was headed towards a massive crisis. He, along with his economist friends, published their views on the impending doomsday in the book, America’s Bubble Economy. It was 2006, and many thought of Wiedemer et al as doomsayers. And then, in 2008, the world experienced one of the worst financial crises of all times. It is 2014, and Wiedemer has something more to say. He thinks that there will be a major financial crisis in 2014 that will be an aftershock of what happened in 2008. Wiedemer is not alone in predicting the 2014 crisis. Donald Trump, while appearing on an interview on Fox News, had similar views about the impending 2014 crisis. On the interview, he said that the US economy was performing miserably. He also added that “recession” was the right word to describe the current state of US economy. There are a number of reasons why esteemed economists are predicting a major economic catastrophe in 2014. According to estimates, the total debt in US is to the tune of $16 trillion, and it is increasing with each passing

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China Financial Collapse, Bitcoin Black Eye, Ukraine-Russia War and Bernanke Memoirs

March 3, 2014

Pro-western protesters have force the Ukrainian President to flee, and now there is a new president who is partial to the West. My prediction is Russia will do everything in its power both covertly and overtly to keep Ukraine under its influence. This includes outright invasion if necessary. Ukraine has a major Russian seaport. If Syria could start a world war, then Ukraine is Syria on steroids. In Ukraine, the West is playing with nuclear fire. I wonder, is Ukraine payback for blocking the U.S. intervention in Syria? Is this a way to tie...

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Will This Be Worse Than 2008? Retail Chains See First Profit Decline Since Recession, Earnings Forecasts Around The World Are Getting Slashed…

March 3, 2014
Will This Be Worse Than 2008? Retail Chains See First Profit Decline Since Recession, Earnings Forecasts Around The World Are Getting Slashed…

Retail Chains See First Profit Decline Since Recession U.S. retailers last quarter suffered their darkest days since the recession. 009, according to Retail Metrics Inc. Revenue also rose at the lowest rate since that year, the research firm found. The results paint a grim picture of an industry hit hard by the sluggish job recovery and slow wage growth, which have turned U.S. consumers into a nation of penny pinchers. Earnings are expected to drop 6.1 percent on average during the holiday quarter, according to Retail Metrics data. The broader pool of Standard &...

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Current Economic Collapse News Brief

March 3, 2014

In this news brief we will discuss the latest news on the economic collapse. The central bank will not stop at just confiscating your wealth they will want your life. They want to enslave the people, they need war to cover up the collapse.

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Tea party senator Mike Lee would rather shut down the government than implement Obamacare

July 23, 2013

Appearing Monday morning on “Fox & Friends,” Sen. Mike Lee (R-UT) said he and a handful of fellow Republican senators are preparing to go all-out to stop the implementation of the Affordable Care Act, up to and including refusing to pass a bill funding the government if it includes funding for the individual mandate. “Right now, this is the last stop before Obamacare fully kicks in on Jan. 1 of next year, for us to refuse to fund it,” he said, adding that just over a dozen other senators...

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The Obama Family Goes on a Much-Needed Vacation…Again

July 23, 2013
The Obama Family Goes on a Much-Needed Vacation…Again

The Obama family needs a vacation. After all, it’s been almost a month since they returned from the $100 million taxpayer-funded African safari. Since then, the President has been busy trying to browbeat other countries into turning over Ed Snowden and spending a great deal of time involving himself in the case of George Zimmerman and Trayvon Martin. It’s hard work being the driving force behind an assault on privacy while also maintaining a position as the Race-Baiter-in-Chief. The First Lady must also be exhausted. After all, she threw...

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