On the Edge…

Anyone who’s not an MSM financial talking head knows that far from recovering any time soon, our economy is edging ever so closer to collapse. Michael Snyder at Hawai’i News Daily has thoughtfully listed what he considers are 10 potential tipping points – so we’ll know exactly when to panic I guess: 10 Tipping Points Which Could Potentially Plunge The World Into A Horrific Economic Nightmare.

The foundations of the world economic system are so decayed and so corrupted that even a stiff breeze could potentially topple the entire structure over. Over the past couple of months a constant parade of bad economic news has come streaming in from Europe, Asia and the United States. Signs of an impending economic slowdown are everywhere. So what “tipping point” will trigger the next global economic downturn?

 
Here’s his list:

• Syria
• Iran
• Libya
• More Revolutions In The Middle East
• Fukushima
• Oil Prices
• Government Austerity
• The European Sovereign Debt Crisis
• The Dying U.S. Dollar
• Drought
 
Check the article for specifics.
 
Mr. Snyder also posted another cheery piece today: The Coming Economic Hell For American Families.

Gee, thanks Mike! (Caution: spending too much time at Hawai’i News Daily may result in the need for massive doses of anti-depressants. Hmmm… maybe that’s why this site feels the need to legalize drugs :( )

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