Wednesday, March 9, 2011

21 Signs Of Impending Doom For The 2011 Economy

So what should we expect for the rest of 2011?  Well, the truth is that it doesn't look good.  The following are 21 signs of impending doom for the 2011 economy....
#1 The civil war in Libya now looks like it could drag on for an extended period of time, and that is likely to drive the global price of oil even higher.
#2 Barack Obama is publicly saying that NATO is now considering "potential military options" for solving the crisis in Libya.
#3 Kuwait exports more oil than Libya does, and it looks like the civil unrest that has been sweeping the rest of the Middle East is now starting to spread to that country.
#4 In Saudi Arabia, protest groups are planning a "Day of Rage" on March 11th.  If a revolution breaks out in that nation the entire global economy is going to be thrown into turmoil.
#5 The average price of a gallon of gasoline in the United States increased by 33 cents during the two-week period that ended last Friday.
#6 According to the Oil Price Information Service, U.S. drivers spent an average of $347 on gasoline during the month of February, which was 30 percent more than a year earlier.
#7 It is being reported that the average price of a gallon of gasoline in Europe has hit an all-time record of $8.63 a gallon.
#8 Ivory Coast produces nearly 40 percent of all the cocoa in the world and protests against the government there are becoming increasingly violent.  If this violence continues to escalate you will soon be paying a lot more for chocolate.
#9 The yield on 10-year Portuguese bonds has increased to 7.6%.
#10 The yield on 10-year Irish bonds has soared to 8.1%.
#11 The yield on 10-year Greek bonds has skyrocketed to a whopping 12.8%.
#12 Moody’s Investors Service has reduced the rating of Greek government debt three levels all the way down to B1.
More Here..


Countless Millions of Dead Fish Found Floating in Redondo Beach Harbor


14 comments:

  1. Nothing has happened and nothing will happen.

    Obama has promised to fix all of our problems. Have faith in him. He is the smartest leader ever in the history of the planet.

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  2. 12:07 stupid shill, IT IS "HAPPENING NOW", are you that BLIND? Fix our problems.. WHAT A JOKE!

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  3. Wouldnt it be magical if all we could do is monetize the currency with silver. "Instant wealth"! There are no special tricks that will fix this broken down horse. We mine as well accept our tough medicine and get on with it.

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  4. 4:17 the FEDS prolonged it by creating fake fiat currency in the form of DEBT! Are you lost in space? Or do you understand how fraud works.

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  5. I am lost in space - are you?

    "they prolonged = everything the same "

    Fraud? are you shittin' me? Name me a time - any time in History when FRAUD was not PREVELANT

    Name the timeframe and I'll set you straight on it

    Pilgrim

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  6. Pilgrim, since Nixon moved off the GOLD standard, the feds were now allowed to fraudulently print as much fiat as they want. Every 40 years, currency (on average) COLLAPSES or changes. Fraud catches up to EVERYONE. Fraud has always prevalent but it ALWAYS ends. LEARN your history..

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  7. I visit this web site multiple times a day. If I now have to be frustrated by a pop up box that follows me all over the place, I will not come back.

    Any of you who think this is the same o'l dung, different day, you really need to wake up and look around.

    Silver is up a dollar in just a few days.

    Pump prices are going up about ten cents every week.

    Produce prices are getting really ridiculous.

    Libya and that civil unrest IS important.

    Obozo is talking about an invasion of Lybia. Better buy some stock in body bag manufacturers.

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  8. 6:57, those things are just nominal. Those things you named are so few and so insignificant relative to the whole picture. In other words it, it is quite comical to see comments like 4:17.

    I don't know if they are on drugs, watch TV 24/7, perhaps are talking with idiots on Myspace who make up second lives and describe the million dollar income they have.

    Who the hell knows how anyone could deny what's happening right in front of their own eyes every day.

    I think people like 4:17 live in an enchanted forest with an elven wife that came out of a mystic portal. Maybe that's why they don't know what's happening in the world of humanity.

    People this is not Lord of the Rings. This is not a game or a movie. There is no magic anything that will keep us safe from harm. You idiots who believe this to just be another "Y2K" better look at history and learn how these kinds of collapses happen all the time. Not only that but shit changes on earth.

    Fucking idiots are so self centered they feel like their cash, their lives, their existence is a permanent reality and all those in the past were just poor, primitive fools who didn't have electronics. And they think the future will be no different than where they are now, since they are the apex of civilization.

    Newsflash, your world is crumbling! You won't see it on MTV or at the Grammys though.

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  9. Number 22: World's biggest bond fund DUMPS ALL U.S. DEBT.
    http://www.bloomberg.com/news/2011-03-09/gross-drops-government-debt-from-pimco-s-flagship-fund-zero-hedge-reports.html

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  10. Now don't get your panties all up in a knot now, I'm sort of prepared except for that gold stuff, ain't got the cash. A tool for coping with PTSD and anxiety is to imagine the worst case then the best case and reality most likely will fall somewhere in between. Things DO look rather scary, however, there have been a lot of "the sky is falling" predictions that just don't happen. It seems most likely that things will limp along and slowly get worse... I sure do hope that nothing big makes it a lot worse real fast so I got more time to prepare! All we can do is keep on paying attention and keep on getting ready for something? Nobody knows for sure what. Just my two cents and NO I don't watch TV.

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  11. Saudi Arabia rescheduled their "Day of Rage" because not enough people where there to protest. Look it up.

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  12. Don't underestimate Hollywood and the willingness to make a buck! When collapse goes mainstream Im sure they will be trying to cash in, supposing there is any investment or viewers to get it going. Transformers 11 anyone, Day of Reckoning?

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  13. 9:33 Aw crap, just when I was all set to wean myself off the great Charlie Sheen discomboobalation too!

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  14. Its all just hype!!! Same ol' same ol'

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