Why has the American economy been suffering, since the Vietnam war in the 1970’s.
The answer is simple WAR and rampant government corruption. Someone in the American government loves war, and has been in constant warfare since the 1970’s, wasting trillions of taxpayers dollars making the U.S.A broke (Read up on collapse of Roman Empire).
As of today the U.S government has a federal debt of 18 trillion dollars, so much debt that they have no other way to pay it back.
The markets has gone up after 3pm and we don’t know if it will trend much higher. If the bond buying / QE stops in October, that will mean the markets are going to fall hard. Hmmm….so maybe looks like we are going to see an October 2014 crash.
Notice how the former bank CEO Patti Croft keeps painting a rosy picture of the economy. Through my years of observing the markets and mainstream finance media is that people employed in the financial service industry have to lie to the public.
She keeps things upbeat by using words like “improving” and “growth” , which are just flat out lies. Remember, bankers jobs are to keep you spending money and investing so they can make money off you in interest and fees, that’s it period.
My wife went to receive money I sent her and guess what Interac Canada bank to bank money transfer not working…it’s down.
Interac bank to bank money transfer which allows you to send money by e-mail and then money from one Canadian bank account can be transferred to another Canadian bank account has been down now for almost 2 days.
This video just uploaded last year 2012, so the content of his view and predictions would be for this year 2013. Let’s see if Rosenberg from Gluskin Sheff’s is correct, there is 6 months to go until end of year.
