47 Statistics That Indicate That Economic Stress Points In 2011 Could Be Setting The Stage For A Global Economic Meltdown In 2012

47 Statistics That Indicate That Economic Stress Points In 2011 Could Be Setting The Stage For A Global Economic Meltdown In 2012: "47 Statistics That Indicate That Economic Stress Points In 2011 Could Be Setting The Stage For A Global Economic Meltdown In 2012"

Food, food, and more food. There are too many people and guess what? We all need to eat. I've been positioning myself to short the market over the last several months as the market has continued to climb. Libya is one thing, but take this fact into account: We owe roughly 75 trillion in social security payments to baby boomers when they retire. This doesn't include interest payments on our debt. Social security is funded through taxpayer dollars. The tax base is going to significantly shrink in the next several years. How are we going to fund this? We're going to print... Or, we're going to raise taxes. Either one will have a significant impact on your life. Another astounding fact is that every fiat currency ever in existence has risen then fallen and was never heard from again. Fiat currency is one which isn't backed by anything such as gold i.e. the Dollar. My belief is that we're headed for a correction soon. Not sure how low we'll go. But, I think it will get back on track and then in the next several years is when the wheels fall off. Our public debt is too big. Why???? When you raise taxes or print money, buying power decreases. When buying power decreases, so do earnings and profits of the private sector. Its not rocket science. My opinion will change if, and when, we discover a new technology such as energy or medicine. Get your head out of the sand now.