[Infowarrior] - OT: Economic Alert: If You’re Not Worried Yet…You Should Be

[Richard Forno]

Interesting reading and I daresay contains more than a good number of points.   --- rick


Economic Alert: If You’re Not Worried Yet…You Should Be
Submitted by Brandon Smith from Alt-Market

For the past four years I have been covering the progression of the global economic crisis with an emphasis on the debilitating effects it has had on the American financial system.  Only once before have I ever issued an economic alert, and this was at the onset of the very first credit downgrade in U.S. history by S&P.  I do not take the word “alert” lightly.  Since 2008 we have seen a cycle of events that have severely weakened our country’s foundation, but each event has then been followed by a lull, sometimes 4 to 6 months at a stretch, which seems to disarm the public, drawing them back into apathy and complacency.  The calm moments before each passing storm give Americans a false sense of hope that our capsized fiscal vessel will somehow right itself if we just hold on a little longer...

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http://www.zerohedge.com/news/economic-alert-if-you%E2%80%99re-not-worried-yet%E2%80%A6you-should-be