“This is going to be a national crisis…”
“This” being America’s woefully underfunded pension liabilities, according to Karen Friedman. She’s the executive vice president of the Pension Rights Center.
(A place called the Pension Rights Center does in fact exist. We checked.)
MarketWatch columnist Jeff Reeves howls in confirmation that “collapsing pensions will fuel America’s next financial crisis.”
“This is not a distant concern,” warns he, “but a system already in crisis.” Continue reading
In rare cases, 90% of an article or one in its entirety will remain posted. This is one of those cases.
Is the stock market going to crash by the end of 2015? Of course stock market crashes are already happening in 23 different nations around the planet, but most Americans don’t really care about those markets. The truth is that what matters to people in this country is the health of their own stock portfolios and retirement accounts. There are a lot of people out there that are very afraid of what could happen if the money that they have worked so hard to save gets wiped out in a sudden financial collapse. And right now there is an unprecedented amount of buzz about the potential for a giant stock market crash by the end of this calendar year. In fact, I don’t think that I have ever seen more experts come out with bold predictions that a stock market crash will happen within a very specific period of time. Continue reading
September and October… get used to hearing those two months.
What’s coming is imminent, but not the end of the world. Although, it will likely trigger serious civil unrest and even war.
Be prepared, be it financially or physically. The best advice, however, is to be right with the Lord.
America hurls all effort into preparing for September “apocalypse” as economic forecasts are becoming more and more intimidating, RT columnist Robert Bridge wrote.
According to Gallup’s recently released US Economic Confidence Index rating, confidence in the US economy among Americans dropped to its lowest level in July. Nothing to be surprised about, considering that each and every economy analyst deems it duty to share predictions on the country’s nearest future in a campfire scary story manner.