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The future of the USA - 2012-2016: An insolvent and ungovernable United States
- Thread starter Andromeda
- Start date
Current inflation is just over 11% per john williams -Quote from piezoe:
That will put the S&P @ about 1600 in 2012. Though there is already approximately double digit inflation in the U.S., and salaries are lagging inflation, at least people will feel better when they check their 401K balances.
http://www.shadowstats.com/
The locations I live in summer and winter I see higher real inflation but 11% seems very close - food, energy, goods. Expanding debt in the us, liquidity controlled by central banking, banks degrading in financial structure, and most Americans broke is not an equation for good times ahead.
Quote from piezoe:
That will put the S&P @ about 1600 in 2012. Though there is already approximately double digit inflation in the U.S., and salaries are lagging inflation, at least people will feel better when they check their 401K balances.
In Euros. I don't know of many US 401k funded in Euros.
Quote from Mvector:
Current inflation is just over 11% per john williams -
http://www.shadowstats.com/
The locations I live in summer and winter I see higher real inflation but 11% seems very close - food, energy, goods. Expanding debt in the us, liquidity controlled by central banking, banks degrading in financial structure, and most Americans broke is not an equation for good times ahead.
Ya, everything is in double digits save for the helpful stuff; wage and RE inflation.
Maybe they will bomb iran to distract from Ron Paul taking a lead in the republican primaries?
The Iranian news agency IRNA reported today that a U.S. missile hit an oil depot in the southwest village of Abadan on Wednesday. IRNA said British and American jets had entered Iranian airspace several times.
In addition to the oil depot attack, two rockets reportedly hit the village of Manyuhi near the border of Iraqâs al-Faw Peninsula near the Persian Gulf and the Iraqi city of Basra.
âIn the border city of Arvand-Kenar, the invading American and British airplanes violated the airspace of the Islamic Republic of Iran three times,â a commander told the Islamic Republic News Agency.
The Iranian news agency IRNA reported today that a U.S. missile hit an oil depot in the southwest village of Abadan on Wednesday. IRNA said British and American jets had entered Iranian airspace several times.
In addition to the oil depot attack, two rockets reportedly hit the village of Manyuhi near the border of Iraqâs al-Faw Peninsula near the Persian Gulf and the Iraqi city of Basra.
âIn the border city of Arvand-Kenar, the invading American and British airplanes violated the airspace of the Islamic Republic of Iran three times,â a commander told the Islamic Republic News Agency.