I was in an e-mail discussion a few days ago and some one made this comment below
"Other things I wonder a little about we as UK have more debt than California, with less income. They are in a terrible financial state, why aren't we?"
An I replied with the following:
We are in just as much do do… Our manipulated media is blatantly lying to us and is covering it all up so we can re-invest in the doomed market ahead!!! It can't be long now before the collapse…
http://cluaran.free.fr/debt.html UK debt clock...
http://blog.209software.com/2009/02/...ebt-clock.html California debt clock
http://www.babylontoday.com/national_debt_clock.htm US debt clock…
It will ALL go pear shaped… the green shoots of recovery and the 0.3% rises are all based on consumerism and car scrappage schemes…
growing your own food and protecting your wealth in what ever way you can is the way forward… Unless F... pulls it's fingers out it will be in the same state as GM and C !!! Your pensions will be in the same boat as V…'s. Pensions only work if people pay into them!!! They are a Ponzi scheme too!!!
Sitting in the headlights like a stunned rabbit is all well and good but doing nothing will end in road kill… I've done what I can… I've fixed my mortgage at 4.2% for 5 years. I've got out of the stock market and I've taken control of my own pension (this takes months and may not be possible now…). There will not be a system left like we have been told in months to come… prepare or be road kill… simple as.
I've edited it slightly and missed out the true names of F and V
but anyone in the know will know. I know this isn't strictly US related but just highlights how manipulated people are... I've been telling them for ~10 months the above and they all agree but do nothing... they seem to be
with their eyes open...