Moggio wrote:In other words, while most of the world think the economy is getting better and there's seemingly ACTUAL growth, the reality is that there's ARTIFICIAL growth happening. Once the Currency/Treasury Bubble bursts in 1-2 years or sooner, you're going to see unemployment rates sky-rocket to nearly Great Depression era level heights (which peaked at 24.9% in the early '30s). What is transpiring in Spain and Greece right now WILL happen on this side of the Atlantic. This current Housing Bubble Crisis we're STILL enduring is a CAKE WALK compared to what's coming...
Because of Obamination's spending & socialist BS, America and much of the world will endure one of the worst depressions in history in 5...4...3...2...
