Wednesday, February 29, 2012

Get Ready For The Economic Apocalypse (Maybe)


'Plan For An Economic 9/11': Analysts Warn Americans To Buy Guns And Gold, Predicting Market Crash And Street Riots Within A Year -- Daily Mail

* Gerald Celente, Harry Dent and Robert Prechter all predicting big trouble
* Markets and unemployment figures posting best showings in four years
* But analysts say Americans will riot when another Great Depression hits

Just when you thought unemployment was dropping and stock markets were surging back, these three analysts today sent out a stark warning to Americans to brace for another financial crash.

Trend forecaster Gerald Celente advises buying a gun to protect your family, stocking up on gold if the dollar crashes and planning a getaway, so it’s no shock he’s preparing for an ‘economic 9/11’.

Share prices and unemployment are posting their best figures in four years since the recession hit, but Mr Celente, along with authors Harry Dent and Robert Prechter, says the rebound won’t last.

Read more ....

My Comment: A part of me scoffs at the idea of an economic crash .... that the U.S. economy is still vibrant and strong and we will eventually overcome our economic problems. But .... another part of me reminds me that I was in Russia in 1992 when they experienced their "economic apocalypse", and to sum it up bluntly .... I never expected it but when it happened it devastated everyone. So ..... can the same happen in the U.S. .... sadly I will have to say yes. When will that happen .... I do not know. But like Russia in 1992 .... it will occur over a few months, and before anyone knows it, they will be out of work and out of money very quickly.

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