American economy on collision course with arithmetic

November 6th, 2009 by

Check out this video - consume. The inevitable global correction and fall of the American Empire is simple when you do the math. America has a 70% consumer economy based on constant credit expansion. The credit expansion is over. The consumer is being crushed by unemployment and inflation. It's over, THE FUSE HAS BEEN LIT. Sources for video CNBC Drudge AP Citigroup Center on Budget and policy priorities (state budgets) United Nations (food) Amnesty International Boston Federal Reserve Shadow stats Check out online ... What do you think? Leave your comments below...

Duration: 00:10:30 Rating:

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From: visionvictory
Keywords: Recession, Great, Depression, 2012, Consumer, Confidence, war, Iran, dollar, econmic, collapse, Rice, Costco, corn, stock, market, Oil

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