1. America on fire sale
"You need to know this. Corporations are eating our commons. So-called Emergency Financial Managers in Michigan are selling off public schools to private charter school corporations... across the pond in Greece, the rich are devouring the commons at a record rate. Greece's new coalition government is trying to speed up the sale of state-owned assets including utility companies, airports and railways, and 28 other state properties. Far left SYRIZA Party leader - Alexis Tsipras - who was left out of the coalition government, blasted the privatization plans, arguing that the move was like putting a giant "for sale sign" on his country and that the, "government will have to account for its actions, the looting of public goods...""
"Last week - the Mayor of Scranton slashed the pay of hundreds of city workers, including cops and firefighters, to $7.25 an hour - the lowest hourly wage currently allowed for by law. The Mayor says that his city is broke..."
2. Selling off whatever
"9 out of 10 of our customers are trying to sell. We have so few buyers we cannot even pay a dollar for some items. As we speak, sellers everywhere are cutting prices in desperation in order to find buyers."
"More and more people are desperately selling off ANYTHING for cash. It's been getting worse."
3. The burden will fall on the people
"David and Russell Napier discuss: Chinese rebalancing hurts U.S. Treasury purchases, governments will fund themselves by force, stocks & bonds both overvalued (like in 1968)"
4. Massive deflationary collapse
"It is happening now 2012..."
5. Global garage sale
"For the past two years - the US government has been negotiating with eight Pacific nations on a new so-called trade deal - the Trans-Pacific Partnership. But - despite the lengthy negotiations - the TPP had been largely ignored by the mainstream media - and even Congress was unaware of America's position on the deal. That was all until last month - when a 52 page document on the TPP was leaked to the watchdog group Public Citizen - and the proverbial floodgates opened."