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Freakonomics

 

January 27, 2013

The re-election of Obama means that 51% of the voting public does not understand the first thing about how America's economy works. They view America in the same way children view fairy tales. Everything always works out in the end.

 

The American media is now selling a new fairytale about how unemployment is dropping and stock markets are surging. At the same time, top trend forecaster, Gerald Celente, is warning Americans to brace for another financial crash and an ‘economic 9/11’. Authors Harry Dent and Robert Prechter are also warning that the rebound won’t last.

 

 

 

A potential run on banks by savers could cause the government to invoke a national holiday and temporarily close them all, which happened during the Great Depression. 'When money stops flowing to the man on the street, blood starts flowing in the street,' says Celente/

Celente's advice is to buy a gun to protect your family, stock up on gold if the dollar crashes and plan a (get out of the country) getaway.

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