Economic Meltdown!!

Starting this week with some fresh new data to look at I want to share with my readers about jobs,commerce data and other important information. Now that we are at the end of the normal business week being that it is friday it is good to look at in depth what we allready know and what we me might expect in the weeks and months ahead. First I was as all my readers know the first to accurately predict this so called economic recovery as a farce because the numbers don't lie and neither does the GDP (Gross Domestic Product Index) that index shows how much this country has grown overall. It is really a small number that it is awefull considering what we as a nation are capable of doing. I can't understand how Congress is so easy to go along with being bamboozeled by The Fed Chairmen on the data? So I am going to get into some hard core facts here and show you why when I last wrote about those GREEN SHOOTS that The FED talks about they are not being honest with America and Congress is being blinded by faulty data. Well first off let us put everything on the table and so that you can see the data and judge it for yourself. The number one thing is jobs and that is about 14 percent average unemployment depending on which state you live in America and it is harder to live on a paying job if you even have one at all. With 14 percent unemployment combined with wages that have actually decreased steadily over the last 12 years while inflation has steadily risen by 41 percent over the same period of time means we are all feeling the pinch in our portfolio. In other words the cost of living is more expensive than it was even last year by 33 percent and real saving is down due to higher prices for all goods and services. The dollar valuation has also taken a big hit if you do the math the real value decline to being 86 cents to every dollar bill according to the Commerce Dept. figures. Gas has gone to average $4.20 a gallon and worse for other fuels like home heating oil and natural gas which are seeing record high prices. Here is some other shocking figures that will interest you about the state of American economic health which is failing at a alarming rate.
Just yesterday, we learned that retail sales growth is cooling rapidly and
The gains in employment are slowing. The U.S. Bureau of Labor Statistics reported that wholesale price inflation is rising much faster than expected — up 0.8% in April alone and up 6.8% in the past 12 months!
Bottom line: The scenario presented here is America’s Financial Meltdown
ever-increasing economic pain plus soaring prices — is being played out before your very eyes!

WHY has the Fed just rated the United States a mere two levels above “junk” status?

Is the U.S. really likely to default on its debt? If not, will the crisis end or just get progressively worse?

Is the latest correction in gold and silver opening a window to buy them as a hedge against inflation? What’s the best way to invest in the precious metals?

Specifically which investments are the most certain to rise when the dollar falls?

Should I sell just my long-term treasuries? What about Treasury bills?

How about U.S. Savings Bonds? Municipal bonds? Corporate bonds?

Which investments should I be buying now for maximum profit potential as inflation and interest rates rise?

Does your higher rating on countries like China, Malaysia and South Korea mean I should be investing in their stocks and ETFs as well?

How will soaring interest rates impact the value of my home? What are your recommendations?

A crash in treasuries means that the U.S. dollar would get slaughtered — right? What should I be doing right now to protect my family from skyrocketing prices?

What will happen to my Social Security benefits if the dollar ends up buying next to nothing?

In the worst case scenario, will U.S. stocks continue to trade? Or will the markets be shut down like they were after on Black Monday?

Which stocks will get hit hardest by soaring interest rates and the crashing dollar? Are there any that will actually BENEFIT from this crisis?


Are my money market accounts safe? How about my CDs?

These questions are on the minds of everbody who is in business and employees as it effects everyone from the rich to the very poor in America. This is only part of a larger problem which include Real Estate property values going into the tank and consumer spending going at a snails pace. This is combined with the largest national debt ever recorded at 154 Trillion Dollars in national debt and we are still writing more rubber checks and debt to fund just even paying our debt payments as as well as other pork pet programs that we don't even need. To sum it up we either get our financial house in order in this country and start bailing our country out of the red ink debt load we carry or we are going to really regret not doing the right decisions now later on by our own generation and the next few generations beyond us. Hope everyone has a great day and enjoy your weekend.