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Dismissively Ignoring Hard Times

By       Message Stephen Lendman       (Page 1 of 5 pages)     Permalink

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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. 

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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.

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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.

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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:

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