Doubts About China
Doubts are growing about whether China can pass the U.S. to become the world’s biggest economy this century amid warnings that the country’s 30-year economic miracle is nearing exhaustion. The low-hanging fruit of state-driven industrialization and reliance on cheap exports has already been picked. To that end, China’s growth may actually be no greater than 3%. As of last year, U.S. GDP was roughly 15.7 trillion dollars, compared to 8 trillion dollars for China.
Sweeping Syria Under the Rug
When it comes to Benghazi, both political parties in Washington are avoiding the big picture. The U.S. supported opposition which overthrew Libya’s Gaddafi was largely comprised of Al Qaeda terrorists. In addition, U.S. officials have been quietly arming Al Qaeda-affiliated Syrian rebels since 2006; therefore,both political parties have been quietly arming Al Qaeda while trying to disarm Americans.
Greek Economic Catastrophe
In just one month, the Greek youth jobless rate rose 5% and is now at 64.2%, which is 10% higher than one year ago. The good thing is that it will top out, once it reaches 100%.
U.S. Bankcorp has 248 billion dollars in total customer deposits; however, only has 6.9 billion dollars, or 2.8%, in cash. PNC Bank also has 248 billion dollars in total customer deposits; however, only has 1.8% in cash. One can expect other banks to be in the same boat and to add to the stupidity, the FDIC insures 9.3 trillion dollars in bank deposits; however only has 33 billion dollars, or 0.35%, in cash. So, while banks are completely irresponsible with their depositor’s money, they stick their customers with fees and penalties?
26 Five-Minute Prepping Projects
Here are a few…
1. Purchase a prepping notebook or binder where you can accumulate information you need in the event of an emergency.
2. Talk to family members about how you will re-unite with each other following a disaster.
3. Make digital copies of your important documents and store them on a flash drive.
4. Locate a source of water outside of your home such as a lake, pond or stream.
Arizona State Militia
As per the 2nd Amendment of the U.S. Constitution, Arizona Governor Jan Brewer has signed a bill creating a state militia that she could deploy at any timer, and for any reason. Well Obama, this is the beginning of a real standing civilian army that will be equal to the U.S. military; however, they certainly will not be supporting your pro-Marxist agenda or your VIPER gangs.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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