Thursday, June 6, 2013

MARTIN ARMSTRONG'S LATEST BLOG POSTS

Is Paranoid Becoming Normal?

Paranoid
NSA is collecting ALL phone calls from Verizon under court order.
These people are just out of control. They are collecting everything possible. Why do they have to know everything about everyone? Are they the ultimate Paranoid Nut Jobs who can’t sleep at night worrying someone may say something on a phone they do not like?
Get the hell out of the Middle East and they will leave us alone, and we get to restore our rights. Stop the paranoia about crazy people and camels! We have to lose everything because these people want to play king of the hill. Neither China nor Russia will invade the USA. Communism fails economically all by itself just as socialism is doing right now. Just what kind of world are these people creating? Let Russia take Europe. Once they see the unfunded socialism, they will pay to get out and say – sorry, just joking!
The unemployment among the youth will lead to massive revolution on a grand scale all because these people refuse to reform. We have IRS agents staying in hotel rooms that cost $3,500 a night. I advised on assets well beyond a trillion dollars and never spent that much on a hotel room ever. This is the underbelly of deflation. Rising costs, declining economic growth, to the point of sheer collapse. Just insanity running wild.

This is no Time to Quit a Job – US Youth Unemployment hits 16.2%

Youth Am Unemployment
Unemployment among the youth in the USA has hit 16.2%, more than double the April national rate of 7.5% for adults over 35. We are in the last throes of the dying idea of Socialism and this is never more illustrated than by the age divide when it comes to employment. Young kids in the USA are saddled with huge debt for school loans that have done them little good. Those who are employed, are doing waitress/waiter type jobs that they did while going to school. This still pales in comparison to youth unemployment rates in Southern Europe and elsewhere in developing nations. Cheer up, the youth unemployment rate in the USA will soar to 25% between 2016-2020 if not rising closer to 30%.
Youth Employment Europe
We have seen major riots in Sweden over youth unemployment where the ratio is actually the highest between the youth and the 35+ crowd – 4.2:1. Nevertheless, the empirical unemployment rates in Europe are setting the stage to collapse the entire European social structure. They can reestablish boarders to prevent movement, but the system is completely unworkable and will collapse. The hunting of the rich has reduced investment that creates jobs and that accelerates the youth unemployment. The youth are practical and do not want to hear the same old bullshit that taxing the rich will somehow benefit them. They want jobs that government is destroying. This is part of the business cycle we must come to grips with. This is the driving force into 2032.
It is not inflation we have to worry about – it is massive deflation of a grand scale.

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