By in Breaking News

The Coming Crisis

The coming crisis is here. Imagine surfing on the ocean in California on a hot sunny day, small waves grazing up against your board, throwing your body a little, when all of a sudden from out of nowhere a 25 foot tidal wave monstrously swallows up 'you, the beach, and all of it's sun-bathing inhabitants in one foul swoop! I hate to be so dramatic, but that's what it's going to be like—the coming financial crisis.

The Moody radio talk show host known as 'Janet Parshall' back in 2010 reported that "By 2033 America will be completely bankrupt"! Other market Prophets and Prophetess's suggest country-wide bankruptcy could happen even sooner. I didn't want to believe such things could be true until back in 2013, Detroit Michigan filed for bankruptcy. Right then I was shocked. I suspected that financial collapse from other states across the country would be soon to follow. Shortly after, just when Americans thought it couldn't get any worse, the federal government put up their 'closed for business' signs when the house of representatives couldn't come to a decision of who and what departments of the services industry would receive pay-cuts, and for 'how long. Schools, parks, state departments and even federal government departments were shut down at the drop of a dime.

Thousands of hard working Americans lost their jobs and received pay decreases—their families also were affected. From 'that time forward, gas prices have skyrocketed all across the country causing every American to pinch their dollars and squeeze their wallets a little bit tighter. When I look at how the economy is progressing right now, not much from this cryptic scenario has changed. I could go on and on about water shortages and coming tax hikes and so forth, but the moral of the story is 'this: the coming crisis...the financial crisis is here and this is not just another article—I’m here to inform you that this crisis is only going to get worse in the coming days—please prepare.

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cheri wrote on July 7, 2015, 4:07 AM

That is yet to come. I hope that it won't happen.

JohnRoberts wrote on July 7, 2015, 8:05 AM

I agree with you wholeheartedly. There are no signs whatsoever of economic improvement regardless of what the current administration claims and the dark cloud is things will not get better regardless of who is running the show in the future. The damage is too far done.

DWDavisRSL wrote on July 9, 2015, 11:00 AM

I don't know that things are as bad as all that. Gas prices have come down in the US on average about a dollar a gallon, leaving people with more spending money. The real number of unemployed is slowly being whittled down. And while we are still running a deficit, they are getting smaller. Detroit went bankrupt because of mismanagement, corruption, and the flight of law abiding citizens in the face of rampant crime which the city government seemed to have little interest in curtailing. The precipitous drop in city population, which left behind mostly the indigent and those who made the most use of city services, was a major factor in that cities bankruptcy. It is rare that a government entity able to take what money it needs from its residents or citizens at the point of a gun will wind up filing for bankruptcy, unless those residents just have no more money to take as happened in Detroit.

CoralLevang wrote on July 15, 2015, 3:30 PM

I tend to agree with DWDavisRSL . Though I think we need to pay attention, I don't think we are going to hell in a handbasket, either.