Dismissively Ignoring Hard Times - by Stephen Lendman
Despite a deepening global depression, Washington, Wall Street and America's media remain largely in denial, for how much longer isn't certain as hard times get tougher for growing millions worldwide.
Tough enough, in fact, for angry demonstrators to strike and protest austerity measures across Europe in Greece, Spain, Ireland, Portugal, Britain, France, Germany, Italy, Georgia, and elsewhere, as well as others scattered across America against budget cuts, tax and tuition hikes, and layoffs when workers more than ever need jobs.
Trends expert Gerald Celente calls it "the greatest depression," warning months ago that when anger erupts, unrest will cause governments to "take draconian measures to prevent total economic collapse and panic." Nonetheless, he expects massive bank failures, bank runs, and a bank holiday, preventing easy access to deposits as dire conditions worsen.
On June 14, his latest trends alert headlined, "Collapse: It's Coming! Are You Ready? saying:
"Everything is not all right. And things are going to get worse....much worse. The economy is on the threshold of calamity. Wars are spreading like wildfires. The world is on a razor's edge," cutting deeply, causing pain, and getting growing, angry responses.
Instead of addressing problems responsibly, Western policies are worsening them economically, politically, socially and militarily by allying with America's imperial war agenda, wrecking the world to save it.
As a result, resolving today's greatest depression is further than ever removed, no matter how intensely politicians and media sources deny it. Three and a half years into an economic meltdown, their excuses long ago wore thin, including Obama just saying:
"I wish I could tell you there was a quick fix to our economic problems. But the truth is, we didn't get into this mess overnight, and we won't get out of it overnight."
In fact, getting out of it isn't possible when policies on his watch are wrecking, not fixing, the economy. Moreover, Celente expects continued bipartisan failures ahead. With "Beltway Incompetents" in charge, who can believe politicians or central bankers responsible for wrecking economies, officials concerned only for their own self-interest, bankers, and other corporate favorites they support.
The business of America is pillaging for wealth and power, waging a discredited war on drugs, as well as lawless imperial ones against Iraq, Afghanistan, Pakistan, Libya, Yemen, and planning others on unnamed enemies, requiring little insight to imagine which ones, enough to feed America's insatiable appetite for belligerence.
No matter what justifications are given, Celente calls all US wars "murderous, immoral, (illegal), interminable, ruinously expensive and abject failures." As a result, who can "believe the optimistic battle communiques issued by the (paid to lie) 'czars' in charge and (echo chamber) battlefield brass who keep reassuring the public that" repeating failed strategies this time will work?
No wonder a June 8 CNN/Opinion Research Corporation poll found 48% of Americans believing another Great Depression is imminent despite political rhetoric and media reports at most saying the economy hit a soft spot. The survey also learned that nearly half of respondents live in households in which someone is unemployed or worries they will be soon given how dire they view conditions.
Three years ago, Celente alerted people about a likely depression. It no longer can be denied, and when most people know and feel it they'll "take to the streets" like across Europe, the Middle East and North Africa, protesting for help, not austerity or repressive crackdowns. As Celente said three years ago:
"When people lose everything, and they have nothing else to lose, they lose it." It's now beginning to spreading, Celente saying:
-- imperial wars will proliferate;