It is now no longer a question as to if or when the economy will collapse, but rather how soon the American people will realize that it is already upon them.
Perhaps if the American people simply had the wherewithal to look over the shoulders of these talking heads, they might be surprised to learn that their government has already conceded that the end is nigh ~ and that behind the scenes ~ they have been bracing for the fallout of a large-scale economic breakdown for several years.
“The seminar included 85 experts from academia, industry, civilian government agencies, U.S. and foreign militaries” who concluded that the United States economy was on the verge of collapse, and that its burgeoning debt now took precedence as the most serious threat to national security.
Among the other participants was Robert A. Weidermeier, author of the best-selling book “Aftershock: Protect Yourself and Profit in the next Global Financial Meltdown,” who told the group that starting in 2013 and through 2015 is “when we’re going to see bad things.”
What is notable about Weidermeier’s prediction is that 2013 marks the 100-year anniversary of the Federal Reserve, whose liberal printing of paper currency has incrementally caused the dollar to lose more than 95% of its original purchasing power.
Although that assessment is dire, it may be an underestimation of the true severity of the impending crisis. Weidermeier bases his calculations on the supposition that the U.S. debt is somewhere in the neighborhood of $15 trillion, when in reality it may be well over a hundred times that amount.
“If you add up all the promises that have been made for spending obligations, including defense expenditures, and you subtract all the taxes that we expect to collect, the difference is $211 trillion. That’s the fiscal gap,” says Kotlikoff. “That’s our true indebtedness.”
“Such tremendous increase in the money supply has not been accompanied by economic growth in the United States,” said Finelli.
Javers goes on to report,
“The Army is having a very interesting yearlong exercise called Unified Quest 2011. In that war gaming series, the Army is looking at the implications of a large scale economic breakdown in the U.S. that would force the Army to keep domestic order amid civil unrest, and deal with global fragmented power and drastically lower budgets.”
So you can see that all different parts of the Pentagon and defense intelligence establishment are looking at markets, and looking at ways they can present a new kind of threat to the United States.”“These are the guys whose job it is to think of the very worst things that could possibly happen—and they’ve dreamed up some very scary scenarios here.”
“Officials picked the scenario of a worldwide economic collapse because it was deemed a plausible course of events given the current global security environment. In such a future, the United States would be broke, causing a domino effect that would push economies across the globe into chaos.”
“The Army would have to significantly alter its investment portfolio, focusing on light and inexpensive forces” and that “an increased focus on domestic activities might be a way of justifying whatever Army force structure the country can still afford.”
“The only silver lining: The Army would have an influx of qualified recruits as the result of an unemployment rate between 25 percent and 30 percent.”
“Twenty thousand additional U.S. uniformed troops, set to be trained by 2011, are to help as a response to the threat of a possible mass terror attack or civil unrest following an economic collapse.”
“The U.S. military expects to have 20,000 uniformed troops inside the United States by 2011 trained to help state and local officials respond to a nuclear terrorist attack or other domestic catastrophe, according to Pentagon officials.”
“into the current troop and equipment movements around the country reported by truckers as well as many troop sightings by everyday citizens.”
“The military is already taking an active role in numerous domestic policing activities in close to a dozen states including Florida, Tennessee, California, Alabama and Pennsylvania.”
Will those troops now deployed on the streets of America?
Will those troops exact the same toll on this nation as they did to the one they just left?