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ECONOMY FRAGILE - USA WILL HAVE UNPLEASANT AUSTERITY MEASURES RESULTING IN RIOTS

 
Babylon
User ID: 1491258
Israel
08/02/2011 08:18 AM
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ECONOMY FRAGILE - USA WILL HAVE UNPLEASANT AUSTERITY MEASURES RESULTING IN RIOTS
It just goes to show that the USA has an ever widening gap of debt. The USA has had to once again depend on other countries banks. Once these Greek style austerity measures and spending reductions are set in place. Maybe there will be uproar. Even rioting. Seriously the USA is on a severe downhill path. It's days are numbered... People will become more rebellious towards what is coming next...
Anonymous Coward
User ID: 1412638
Germany
08/02/2011 08:34 AM
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Re: ECONOMY FRAGILE - USA WILL HAVE UNPLEASANT AUSTERITY MEASURES RESULTING IN RIOTS
yeah, it's sad, because America has developed some pretty disgusting anti-rioting technology... like microwave based weaponry...

sick sick stuff :(((((


"Active Denial System" [link to en.wikipedia.org]


[link to www.youtube.com]
Anonymous Coward
User ID: 1490693
United States
08/02/2011 08:37 AM
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Re: ECONOMY FRAGILE - USA WILL HAVE UNPLEASANT AUSTERITY MEASURES RESULTING IN RIOTS
the snowball has just begun to roll.... currency devaluation = inflation

the snowball will get way too big if we lose our AAA rating and interest rates go up meaning....more foreclosures and more money out of the peoples pockets who CAN stay in their homes not to mention less who would like to buy a home but now cant due to higher intrest rate.


Just start taping mags





GLP