Is austerity contagious? Is it going to happen BEFORE or AFTER election? #PRS #Agenda21 #TPP #FreeYourMind or #BADASS
Remember the video below… #EndTheFed #EndTheScam #TotalCONTROL
A leading American analyst warns that over 100 US cities could face bankruptcy next year against a backdrop of soaring debt crisis that threatens to trigger massive municipal meltdown.
Meredith Whitney, the US research analyst, who is known for her accurate prediction concerning the global sovereign debt crisis, said that the US economy is constrained by a vaulting local and state debt, which is considered the main setback for the overall state of the economy in the United States.
The prominent American expert portrayed a grim view of the economic recovery for the debt-ridden cities in the United States in 2011, adding that "there's not a doubt on my mind that you will see a spate of municipal bond defaults. You can see fifty to a hundred sizeable defaults - more."
'US cities could face bankruptcy next year'
Well, it is becoming a reality now, isn’t it?
California cities 'may cease to exist'?
https://rt.com/usa/news/california-cities-city-san-044/
Meanwhile in other part of our Virtual Earth…
Excerpts: 11 Signs That Time Is Quickly Running Out For The Global Financial System
Countries such as Greece and Spain are already experiencing depression-like conditions, and much of the rest of the globe is sliding into recession. Unemployment has already risen to record levels in some parts of Europe, major banks all over Europe are teetering on the brink of insolvency, and the flow of credit is freezing up all over the planet. If things take a really bad turn, this crisis could become much worse than the financial crisis of 2008 very quickly.
All over the world people are starting to write about the possibility of a major economic crisis starting this fall.
You better buckle up, because this downturn is not going to be pleasant at all.
Learn more: http://www.activistpost.com/2012/07/11-signs-that-time-is-quickly-running.html
Spain's regional leaders are squaring up to Madrid boycotting the latest tough deficit targets. The Eurozone's 4th-largest economy is desperately trying to fill its budget gap and recently imposed the deepest cuts in decades. But, as Aleksey Yaroshevsky reports, people are refusing to accept measures which are taking them to the brink.
'Stop robbing us!' Spain turning into Greece?
Greece on the breadline: 'potato movement' links shoppers and farmers
Let’s take a look at Britain – The Two Sides of the Same Coin -
G.D.P figures show Britain slipping further into recession, with construction particularly in decline across the country and unemployment remaining high.
Britain in Deepening Recession-July 2012
3rd World Peeps of A 3 cents “Where TRUTH Matters because WE are all Human Beings.”
Scrutinize the candidates BEFORE/AFTER Election. Why? It’s because WE are a Human Being! IT’S PAYBACK TIME!!! #Puppeteers and the GREAT #Puppets
UPDATES: Please remember that out of 535 elected officials in Congress, there’s only MAYBE ONE or TWO that’s been serving for the best interest of the majority of the people!!! And it seems that pretty soon it would all be 535 elected official needed to be VOTED OUT!!!
How PITIFUL is that? IT’S PAYBACK TIME!!!
That is… up to us, WE THE PEOPLE! #UnchainedUs
If WE really want the REAL CHANGE besides electing the PRESIDENT that’s OF/FOR/BY the People! #YouAreTheRevolution
Peace, Truth & Freedom #ResistanceDuty
KCPy
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