Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Qiviut
Welcome to our future if Trump does not win.

*****************************************

Actually, the sad fact is that something like this this is in our future regardless of who wins in November.

No less an expert then ex Fed Reserve Chairman Alan Greenspan has explicitly told us so.

This election is critical because who we elect will determine how the crisis is responded to and what our country will look like afterward.

We have a choice of electing one of the people primarily responsible for engineering and intentionally manufacturing the coming crisis so they can take advantage of it or we can elect Donald Trump.

56 posted on 05/31/2016 6:21:40 PM PDT by rdcbn ("If what has happened here is not treason, it is its first cousin." Zell Milleraere)
[ Post Reply | Private Reply | To 6 | View Replies ]


To: rdcbn
The Venezuelan economic crisis has hit because of the collapse of the oil revenues that Hugo Chavez and Maduro were using to pay their welfare class.

In America, the Venezuela style collapse will occur immediately upon the inability of the US Government to borrow 50 cents of every dollar it spends to pay our welfare class.

This can happen almost overnight.

It took years for Chavez and Maduro to have driven Venezuela's oil production into the ground so badly that even if oil prices had not collapsed from their 100+ per barrel high, Venezuela could not pump enough oil to pay to float their economy even if oil were still 100+ per barrel .

Venezuela's collapse has been slower because it takes a while to destroy an oil industry that produces a product that produces revenues..

A collapse can be very quick here because when half the US Government's budget is purely borrowed money it's hard to make up the difference when the ability to borrow evaporates in short order.

58 posted on 05/31/2016 6:35:22 PM PDT by rdcbn ("If what has happened here is not treason, it is its first cousin." Zell Milleraere)
[ Post Reply | Private Reply | To 56 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson