PHOENIX, AZ - 2010. On July 27th, The Congressional Budget Office released a brief which crashed their main website from massive traffic and visitors. The CBO dropped a bombshell...

'Deficits will cause debt to rise to unsupportable levels'

Click Here To Read The Article

The Debt Fiscal Crisis Brief is also be downloaded via PDF...

Click Here To Open The PDF File

Fiscal adjustments if any are too little, too late. The only 2 options the U.S. has to boost investor confidence levels are unpopular, painful, and we are past the rubicon for both! The 2 options would be massive tax increases, or drastic spending cuts.

I will now make a prediction based on the negative debt and public admission of a fiscal crisis... Take note, the U.S. is collapsing.

This March Moody's investor services warned the U.S. that unless it got it's spending under control there would be a possible future downgrade of it's triple-A credit rating... (see here)

Regardless of how long Moody or S&P try to stretch and prolong the inevitable downgrade and regardless of how much Tim Geithner says all is well DO NOT BE FOOLED BY THE COSMETIC SMEAR JOB! We, like the rest of the world are quickly approaching debt insolvency if we aren't there already! There is no turning back now and what we will see is that things will start deteriorating very quickly now.

Watch the news, keep an eye out for new developments. We are now moving very rapidly to a cashless society. Don't buy into the gold and silver manipulation schemes out there and stay away from those that prey on the helpless and try to get you to invest in gold. Gold is the banksters money, and they will confiscate it just like they did during the 1930's because it is their money!

What you should be doing with your dollars is buying non-perishable foods, and anything that will sustain you and your family throughout this global transition. When they introduce the global electronic cashless system your gold won't be redeemable.

This economic impending disaster is one that Americans do not understand and will overtake the mass majority like a thief in the night. Your typical American will not fully realize what has actually happened until they go to the bank to cash their check and find it closed with military guarding the front door.

The day is coming soon when the U.S. Treasury will declare a force majeure on debt. The U.S. is now so far in debt that collapse is inevitable and unavoidable. Make preparations for it now.

Should America (along with Israeli forces) launch a war against Iran - the costs of such a war will overwhelm an already crippled economy and push the U.S. over the edge into oblivion. I believe this is all pre-planned and orchestrated. I predict within 2 years time Americans will be begging for food and the bare necessities just to survive. Contingency plans by our military and FEMA are already in place for riots, and possible insurrection.

The greatest depression ever is currently underway and about to get worse. This is going to be global in scope. The blackmarket will rule, so stock up now on things like lighters, whiskey, cigarettes, canned protein, oats, rice, batteries, first aid kits, medicine, toilet paper, etc. people will trade their silver and their gold just to get their hands on simple pleasures.

There is no more time left...

You have been forewarned.

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