The Economy Is Even Worse Than You Think

Wow.

Pretty close to the truth on both counts.

I agree with your assessment but the mainstream press shows that
the current numbers are being manipulated and it is MUCH worse
than the 16.5% U6 numbers.

I am friggin amazed CNN let it be printed.

True U6 rate without manipulation is near 21%

William's SGS-Alternate Unemployment Measure rose to a jaw-dropping 20.6%

We have the FDIC saying that they are on the verge of closing
hundreds of banks in short order.

Bank shutdowns to increase 10 fold

We find out the two japanese men with the supposed fake
$134 billion in US bonds in italy were released because they
committed no crime.

2 japanese that had supposed illegal bonds are released ???

We find out bankimplode.com shows 348 banks in the red and
orange zone, red being technically already failed.

US embassies being told to horde foreign money due to coming banking shutdown

US foreign embassies are being told to store up 1 years worth
of foreign currency due to the earlier mentioned long term
bank closure.

Prepare accordingly !

Good Luck to you all !

[edit on 19-7-2009 by Ex_MislTech]

[edit on 19-7-2009 by Ex_MislTech]

reply to post by contemplator

---

Glad you can get your parents out of the collapsing US.

New Zealand will not feel the pinch for a long while.

It is going to get very bad here when they seize the guns,
allow Aztlan to be formed, and suspend the US constitution.

Hahahha,

You need to read the Georgia Guidestones, Limits to Growth,
and Ecoscience by our new science Czar.

Their "plan" for you is death.

They want 6.2 billion dead and they printed it in all of those writings.

You have NO idea what you are signing up for, but you will in time.



[edit on 19-7-2009 by Ex_MislTech]