Alan Greenspan Warns "Venezuela Under Martial Law and America Is Next"
The potential for a truly devastating economic collapse has been real for some time.
And it is coming to America.
Though most Americans are accustomed to having shelves full of food and goods, and enough money to keep going, this sense of security is quite false.
The real economy is bottoming out, and the experts have been warning about the extreme stress in the system for some time.
Job growth has stagnated, personal and institution debt is teetering on edge and the central bank policies of the Federal Reserve have been widening the gap between artificially-boosted corporate interests… and all the rest who have been stymied by low-interest cash flowing to the top of the pyramid at zero interest (and failing to trickle down).
While the United States seems miles apart from the implosion taking place in Venezuela, looks can be deceiving. Even former Federal Reserve chairman Alan Greenspan is admitting it.
As Anarcho-Capitalist market analyst Jeff Berwick of The Dollar Vigilante warns:
It seems barely a day passes now without some big name person warning of imminent collapse. The latest is:
In an interview on Thursday [Alan Greenspan] told Fox News that Venezuela is now under martial law and that "America is next." He said that what was happening in Venezuela was inevitably going to take place in the US.
The warning isn't just that oil prices are rendering socialist economies vulnerable, but that too much power in the hands a central government and a central bank creates an inevitably unstable situation.
All the dollars and all the paper money in the world can’t hold things together once things reach a certain point.
What is in the news today in Venezuela are the events of the slow-motion long term collapse that is coming globally, and will not spare the United States or its dependent population of serfs.
What is happening will reach every part of the global economy... be ready.
Never lose faith. Godspeed.
A very disturbing letter with the kind of news
Most of us dread receiving
In fact I didn't want to hear it!!!
Economy .... Martial Law?
Venezuela security forces block new anti-Maduro protest
CARACAS | BY GIRISH GUPTA AND DANIEL KAI
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Venezuelan security forces used tear gas to block hundreds of opposition protesters on Tuesday in the latest rally to demand a recall referendum to oust socialist President Nicolas Maduro.
Opposition leader Henrique Capriles, who is championing the push for a vote, was at the front of a crowd blocked by police and National Guard troops when they tried to begin a march to the national election board.
Officers fired several rounds of tear gas and sprayed an unidentified liquid on Capriles and others. Demonstrators chanted "I am hungry" and held up photos of jailed political activists.
"We are not giving up. Our enemy is Maduro. The problem is Maduro, not the National Guard," Capriles said at the scene.
Venezuela's opposition coalition won control of the National Assembly legislature in elections last December, thanks to public ire over a punishing economic crisis, and has vowed to bring down Maduro this year.
But ruling Socialist Party officials say there is now not time this year to organize the referendum, under the complicated norms and steps involved in getting to a vote. They say the opposition should have begun their drive in January instead of April, and included thousands of fraudulent signatures of dead people in an initial collection.
The opposition says a compliant election board, staffed mainly by Maduro loyalists, is deliberately dragging its feet on verifying a first batch of nearly 2 million signatures collected to begin the process.
"The election board is obeying strict orders from President Nicolas Maduro. We want (board president) Tibisay Lucena to see herself as a citizen, not a politician, and see the situation of the country," said one protester Maria Silva, 74.
"The children are dying of hunger and insecurity," Silva added.
Should Maduro, 53, lose a vote and leave office this year, a new presidential election would be held, but were he to exit in 2017, his vice president would take over. That would guarantee continuity for the ruling "Chavismo" movement - named for Maduro's late predecessor Hugo Chavez - for two more years.
As well as the opposition's street campaign, spontaneous demonstrations and looting are becoming more common amid worsening food shortages, frequent power and water cuts, and inflation that is the highest in the world.
Maduro, a former bus driver and long-serving foreign minister who narrowly won election to replace Chavez in 2013, accuses Capriles and other opposition leaders of promoting violence and seeking a coup with the help of the United States.
(Additional reporting by Eyanir Chinea and Diego Ore, writing by Andrew Cawthorne; Editing by Tom Brown)
Get in that type of situation right?
Riots, political unrest and crime running rampant
Thousands more illegals invited in
Criminals trying to get into the White House
Only to replace the criminal living in the White House
Lets all move to Mexico???