This Blog is set up to give regular, and very brief, updates on what is going on in the world and how it will affect people's lives. This channel emphasizes the importance of preparing for the near future.
13 August 2010
Hyper Report - 100813
First...
Foreign Demand For U.S. Wheat to Rise 36%
The drought decimating Russia's grain crop is helping put more money into the pockets of U.S. farmers and leaving the world more dependent on the U.S. harvest. So, what happens when oil, made for transporting food, producing pesticides, etc... goes through the roof?
Next...
U.S. Dollar Now Ripe For Catastrophic Devaluation
The U.S. Dollar, the private Federal Reserve currency which is now the basis for our entire financial system, not to mention a substantial basis for trade around the globe as the world's reserve currency, is getting ready of a downward spiral in devaluation. We are seeing symptoms of BOTH deflation and inflation simultaneously. Deflation in jobs, stocks, real estate, and wages. Inflation in energy, food, and commodities. When the dollar is devalued, in the same way that Mexican Peso was in the 80's, you are going to see some serious change you can believe in. It got so bad in Mexico, they had to come up with a new Peso because the old one was worthless. Especially after Mexico defaulted on its external debt in 1982. In short, people who are invested solely in US Dollars when the devaluation comes, may as well grab the Vasoline and assume the position.
Next...
Youth Unemployment Hits Record High
Global youth unemployment has hit a record high following the financial crisis and is likely to get worse later this year. So, what do young people do when they have no employment, or source of legitimate income for themselves and their young families? Well... all you have to do is look at the riots in Greece and that should answer your question.
Next...
Federal Workers Earning Double Their Private Counterparts
At a time when workers' pay and benefits have stagnated, or fallen, federal workers have grown. In fact, the average federal civilian compensation in both pay and benefits was about $123,000, while their private counterpart only makes about $61,000. Federal compensation has grown 36.9% since 2000 after adjusting for inflation, compared with 8.8% for private workers. As more and more money is taken from the private sector to fund the socialist utopia, we can quickly expect to see it collapse very quickly.
Next...
U.S. State Department is Building... Mosques
Yes, those shovel-ready jobs keep coming, and thanks to the State Department, your tax dollars are paying for Mosques. Where is the ACLU on this? They’re always harping on the "separation of church and State."
Finally,
Please prepare now for the forthcoming economic, and subsequent social, unrest that will hit the US.
Good Day
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