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Global Economic Crisis Deepens

By       Message Stephen Lendman     Permalink
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Global Economic Crisis Deepens - by Stephen Lendman

Millions are being impoverished by today's global depression.

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Global Depression grips world economies. Destructive polices fueled today's crisis. Conditions are fast coming to a head. 

Throwing good money after bad delays decision day at the price of far greater trouble on arrival. D-Day will shake world economies. It may, in fact, be months away, perhaps in 2012.

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No one knows for sure, but things that can't go on forever won't, and when they end, watch out. Ordinary people will be hurt most, much more than already. 

Perhaps Greece is the canary in the coal mine. The country's bankrupt. Only its obituary isn't written. Its citizens are being impoverished. Anger rages in Athens. Revolutionary sentiment may explode any time, sending shock waves across Europe. 

Trends analyst Gerald Celente says when people lose everything and have nothing else to lose, they lose it. 

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Greek citizens are close to losing it. Others in troubled countries aren't far behind, including in America where growing thousands rage against a system destroying their livelihoods and futures.

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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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