The Phaserl


Shortages Are Going to Drive People Out of Their Minds: “That’s When the Riots Will Start”

by Mac Slavo, SHTFPlan:

When will the breakdown of the system begin?

If you’ve been paying attention, then you’ll likely agree with contrarian economist Jim Willie. The breakdown is happening right here and now – it’s already in progress.

Most Americans haven’t realized it just yet, but everything including our economic, financial, monetary and political systems are in full meltdown mode. It was so bad in 2008, in fact, that Congressional members were warned that if they failed to stabilize the financial system there would be tanks in the streets.

With nearly 50 million Americans on food stamps, more than half of all able-bodied adults out of work, prices for essential goods progressively inflating, consumer spending collapsing, and the government taking on unprecedented levels of debt, the fact of the matter is that nothing has been resolved. It’s only gotten worse.

Jim Willie warns that, while a collapse is already in the works, Americans have no clue how serious it really is.

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1 comment to Shortages Are Going to Drive People Out of Their Minds: “That’s When the Riots Will Start”

  • NaySayer

    Jim Willis has an earned Ph.D. in Statistics, not economics. He is not an ecomomist and doesn’t claim to be. As a statitician he probably has a better capacity to understand what the data means anyway since isn’t austrian economics based on what people actually do instead of pie in the sky idealistic (but not reality based) Keynesianism?

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