Doomsday 3/4/14: Economic Advisor Grady Means Predicts Total US Economic Collapse! (Videos)
By DanielJohnLee
BeforeItsNews.com
Wednesday, February 5, 2014
Total Economic Collapse: 3/4/14
by Daniel John Lee
2/5/14
According to Grady Means, who is a former advisor to Vice President Nelson Rockefeller, and a former economist at the U.S. Department of Health, Education and Welfare, America’s probable economic collapse will happen on March 4th, 2014!
Here is what Mr. Means said:
“There is a very large probability that the real end of the world will occur around March 4, 2014.
The doomsday clock will ring then because the U.S. economy may fully crash around that date, which will, in turn, bring down all world economies and all hope of any recovery for the foreseeable future — certainly over the course of most of our lifetimes. Interest rates will skyrocket, businesses will fail, unemployment will go to record levels, material and food shortages will be rampant, and there could be major social unrest.
Any wishful thinking that America is in a “recovery” and that “things are getting better” is an illusion.
The central issue is confidence in America, and the world is losing confidence quickly. At a certain point, soon, the United States will reach a level of deficit spending and debt at which the countries of the world will lose faith in America and begin to withdraw their investments. Many leading economists and bankers think another trillion dollars or so may do it. A run on the bank will start suddenly, build quickly and snowball.
At that point, we will need to finance our own deficit, and we will not be able to do so. We will raise bond rates to re-attract foreign investment, interest rates will go up, and businesses will fail. Unemployment will skyrocket.
The rest of the world will fully crash along with us.”
The Rest…HERE
