Similar to just how Europe experiences each part of the day 5 to 9 hours earlier than here in the US, what's been occurring in Spain and Greece need to be considered as a possible precursor to exactly how ugly things can possibly get inside America after a financial failure.
Terrible riots in Madrid are hurting the country and its people as demonstrators march against new austerity measures introduced by the Spanish government, which is a result of Spain's enormous financial obligations to European financial powers like Germany. In fact, numerous wealthy Spaniards are running away their own country. Catalonia, the affluent northeastern region that produces one-fifth of the country's financial output, is pushing for secession.
And in Greece, the scene of social and economic ugliness for months as its monetary woes deepen, there were violent anti-austerity protests in the capital, Athens. Police fired tear gas at rioters hurling gasoline bombs and chunks of marble, part of a 24-hour general strike by frustrated Greeks. More than 60,000 people demonstrated in the largest protest in six months.
This is where the United States is headed, and soon, if the current economic regime in this country is allowed to stand. With $16 trillion in government deficits threatening our future, and a steady devaluation of the dollar eroding purchasing power and threatening our investments today, it may already be too late to keep Americans from unleashing the kind of social unrest that is tearing apart Europe right now.
One way to push for positive change may begin with the November elections. In the meantime, fiscally smart Americans need to think about protecting their investments through purchasing precious metals rather than keeping their wealth in the paper currency that is dependent on a globe financial system that plainly is being torn apart.
It's seriously time for us to re-evaluate just what we are doing here in the United States and stay clear of the distressing fate of Greece and Spain.
Terrible riots in Madrid are hurting the country and its people as demonstrators march against new austerity measures introduced by the Spanish government, which is a result of Spain's enormous financial obligations to European financial powers like Germany. In fact, numerous wealthy Spaniards are running away their own country. Catalonia, the affluent northeastern region that produces one-fifth of the country's financial output, is pushing for secession.
And in Greece, the scene of social and economic ugliness for months as its monetary woes deepen, there were violent anti-austerity protests in the capital, Athens. Police fired tear gas at rioters hurling gasoline bombs and chunks of marble, part of a 24-hour general strike by frustrated Greeks. More than 60,000 people demonstrated in the largest protest in six months.
This is where the United States is headed, and soon, if the current economic regime in this country is allowed to stand. With $16 trillion in government deficits threatening our future, and a steady devaluation of the dollar eroding purchasing power and threatening our investments today, it may already be too late to keep Americans from unleashing the kind of social unrest that is tearing apart Europe right now.
One way to push for positive change may begin with the November elections. In the meantime, fiscally smart Americans need to think about protecting their investments through purchasing precious metals rather than keeping their wealth in the paper currency that is dependent on a globe financial system that plainly is being torn apart.
It's seriously time for us to re-evaluate just what we are doing here in the United States and stay clear of the distressing fate of Greece and Spain.
About the Author:
Find out more about buying and selling gold, or visit Anne Trimble's site to read her eye-opening book Faith Through The Flames.
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