A very scary and possibly real situation that could unfold very shortly ,
The Coming Financial Collapse of America is a documentary that foretells of the current financial upheaval history is repeating itself ...
Trends Master Gerald Celente writes in
the trends journal Summer Issue • 2009 : The Greatest Depression on Hold
"The United States brand of capitalism was
in its death throes. Empire America was disintegrating. The meltdown was
global in reach and few nations would escape the fallout. Yet, in the Spring of 2009, delusion was in full bloom. The sentiment was that the global economic emergency was
ending. While initially the US had been blamed for precipitating the crisis, there was no longer the fear of economic contagion. The world markets were in recovery mode, especially the emerging economies. For example, in the bellwether developing countries — Brazil, Russia, India, China (BRIC) — stock markets 2 The Trends Journal • Summer 2009 were up 53, 42, 30 and 39 percent respectively.
America’s stock market, up 37 percent from March 9 lows, was regarded as evidence the
markets had bottomed. Lulled by investment fever, innumerable
opportunities to take proactive measures were squandered. All the fiscal and monetary recipes cooked up by Washington and Wall Street would eventually prove futile."
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