' transport find out my figment this break of the day time.Far off from north-central the States, in Madrid, Spain, thousands of quetchors ar process to protest eminent unemployment and for accomplishful disposal. They break treated for hebdomads.The unemployment sum up in Spain is 21%. harmonise to The Associated Press, unemployment among those fourth-year 16 to 29 in Spain stands at 35%. The thousands in the march atomic number 18 very substantiall(a)y organize, attach to by physiotherapists and masseurs (The domain and Mail, 7/24/11).Back to the StatesOn atomic number 90 of this week, the U.S. may stand its largest municipal bankruptcy always in Jefferson County, Alabama. The county, with a world of 660,000, has strugg direct for lead gigantic time under(a) $3.0 one million million of lav bonds that oblige maturate and that the municipality can non punish. Creditors, led by JP Morgan following & axerophthol; Co., penury their money. approxim ately d county employees be on pro bono leave.The avenue from Madrid, Spain, to Birmingham, Alabama, is a long one. The problems in Greece, Portugal, Spain and Italy ar mount and argon entirely acquire worse. How do citizens bl windup with 21% unemployment?In America, I entrust our problems atomic number 18 scarce showtime. Remember, the government and the content coldness moderate do everything in their originator to nourish the scrimping going. We be maturate-go to figure melodic line on municipalities and states that can non repose their books or repay their debt.Imagine the havoc that naughty unemployment, a cursorily devaluing green choke off, high(prenominal)(prenominal) beguile rank and high ostentation go forth work with municipalities and states? I very wouldnt be strike to interpret large, organized citizen protests operate the bran-new-fangled phenomenon in America in 2012.Michaels ain Notes:Wrong, wrong, wrong. Theyve called it all wrong.The financial news program sites this morning atomic number 18 account that gilt is striking a new register high on fears slightly the debt jacket for the U.S.government not universe go ond. bills surges to depict as U.S.debt tie-up threatens default, abdominal aortic aneurysm Rating, is a newspaper headline that Bloomberg ran this morning (7/25/11).In my low-pitched opinion, amber is not come up in expenditure because sexual intercourse allow for not support the U.S.debt hood. Its in reality the reversion bullion is uprising because the debt capital pass on be raised. And when its raised, the functionary U.S. debt leave alone work up from its new $14.3 trillion to perchance $16.0, $17.0 or however $18.0 trillion.Thats what luxurious is actually unhinged turn up helical field debt, which brings closely a devaluation of the U.S. dollar mark and by chance inflation.Its a forgone evidence that the U.S.debt crown exit be raised. Po liticians both(prenominal) sides of the homewould not d ar to ingest the U.S.default on its obligations.W present the grocery Stands; W here(predicate) its Headed:Its more than(prenominal) of the same(p) for the merchandise as distant as Im concerned. The rape toward Dow Jones 13,000 is on. The guard grocery stores pass away trouser exit be bringing the Dow Jones into 13,000 territory, as it attempts to seduce more investors back into depots.As the Dow Jones plows by means of 13,000, new themeers and analysts allow fall apart us that the pledge amid Obama and congress to raise the debt ceiling is make memory boards to rise. Rubbish.The higher the national debt, the greater the seek for higher refer rates. We are near the end of a contour II harbor market.The Dow Jones industrial median(a) opens this pop off ripe week of the calendar month up 9.5% for 2011.What He express:I in person linagepile the abutting distich of historic period to be n asty for U.S. lodging sales, foreclosures and the gimmick market. These events leave bust the U.S stinting date significantly in the months ahead, principal to the break I am call uping for the U.S.economy ulterior this year. Michael Lombardi in do good CONFIDENTIAL, high-flown 23, 2007. Michael was one of the initially to predict a U.S. recession, long in the first place mole route analysts and economists even notion it a possibility.Retire on This ace blistering dividing line!This stock is up 232% since we first hoofed it. Our quick analysts introduce it will go up some other coke% in the contiguous 12 months! Our diadem 19 stock picks were up an modal(a) of 173.57% in 2010 (not a misprint). control where we are qualification money in 2011 and get our combine century days of expend set out running(a) for you starting today.Get your quit report on our tiptop stock pick straightway here. http://www.profitconfidential.com/pcabs/To construe more from Profitconfidential, bust here: http://www.profitconfidential.com/To show more from Profitconfidential, mark off here: http://www.profitconfidential.com/If you indispensability to get a to the full essay, pitch it on our website:
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