Warning To America — When The Economy Crashes In 28 May 2016 Parts Of America Will Resemble A 3rd World Country

Wednesday, May 4, 2016
By Paul Martin

by AMY S.
PrepperFortress.com
MAY 4, 2016

Last Warning To America – Dollar Will Collapse 100% In 28 May 2016 The dollar collapse will be the single largest event in human history. This will be the first event that will touch every single living person in the world. All human activity is controlled by money. Our wealth,our work,our food,our government,even our relationships are affected by money.And sure The Dollar Collapse And The Economic Collapse Will Be In 28 May 2016 .

When a U.S. economic collapse occurs, it will happen quickly. No one will predict it. That’s because the signs of imminent collapse are difficult to see.

The definition of ‘defaulting’ on it’s debt means the US Gov’t isn’t able to pay the interest on the almost $16 trillion it owes. Currently interest rates are at all-time lows – as many homeowners are enjoying by re-financing their homes at lower rates. Interest on the debt is currently the smaller of the four biggest expenses the US Gov’t has. As interest rates rise, the interest expense will get bigger – and this will be very difficult for a Gov’t that is already deficit spending way beyond its means.

a) Increasing rates will require a debt laden Gov’t to barrow more and will accelerate inflation and the date of collapse. This is a 6-12 month red flag. As of today, rates are slowly rising although they are still very low.

b) A sudden and sustained spike in the interest rates indicates that there are fewer buyers of US debt. Without the ability to barrow more money or rollover the existing debt the US Gov’t will have to shut down or do desperate things like stealing from retirement plans or citizens bank accounts. Get your money out of the banks or markets immediately. This is a very severe red flag indicating only weeks before major financial crisis and economic collapse.

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