TRUTHTALK13 NEWS

Denninger: “Wake Up America Before You Get Shot… And Possibly (Yes, Literally) Eaten” America’s debt problems aren’t going away by Mac Slavo | SHTFplan.com | May 21, 2015 America’s debt problems aren’t going away. In fact, they will continue to get worse. Karl Denninger recently cited a Bloomberg report to make his point at the Market Ticker : Driven by higher interest costs, Social Security and Medicare for baby boomers, as well as tax cuts made permanent in 2012, the federal debt held by the public is expected to hit $40 trillion in 2035 , according to calculations by the Committee for a Responsible Federal Budget based on Congressional Budget Office estimates. Back in 2009, soon after President Barack Obama took office, the forecast for the 2035 burden was at least $7 trillion lower. You thought $18 trillion in debt was bad and enough to lead to a collapse? How about more than twice that? As Denninger explains, the government will be spending four times more 20 – 30 yea...

Financial Experts Warn of Impending Economic Collapse Governments dig in and prepare as economy continues slide Public domain by Mikael Thalen | Infowars.com | May 19, 2015 Despite constant reassurances from federal overseers, Americans are becoming increasingly aware of the economy’s frail nature. While media pundits and analysts desperately push the failure of central planning and Keynesian economics, these five experts continue to be proven right on the dangers of reckless spending and debt. Here are five renowned experts who warned of the now-present, slow-motion financial collapse. Ron Paul Former presidential candidate Ron Paul is known best in financial circles for his clear 2003 prediction of the housing bubble crisis. Paul joined the Alex Jones Show in late 2014 to once again warn of the country’s slide into economic disaster. Paul Craig Roberts Known as the father of Reaganomics, Paul Craig Roberts gave his views on the coming collapse during a show last January. Ge...