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1. ] saw a tv ad directing me to website  www.newamerica5.com where porter stransberry who owns "stransberrys & associates Investment research" produced an "end of america" video (77:00).
2. ] Porters claim to credability is that he accurately predicted the pending failure of Fannie Mae, Freddie Mac, General Motors, Lehman Brothers and other US entities before the financial crisis of 2008
3. ] The video draws these conclusions about the future ... 
4. ] americans are living beyond their means and have been for a long time,
1. ] 43% of american households spend more then they earn 
2. ] all of the states are going broke, 
3. ] even if the government collected 100% tax the would not be able to pay off their debt 
4. ] whats going to happen when interest rates start to go up
5. ] the reason that we have been able to do this,
1. ] is because we can basically print more money b/c the american dollar is whats known as the worlds reserve currency
6. ] us dollar is going to be replaced by _something_else_ as the worlds reserve currency
1. ] this is going to cause massive inflation in the us, which will lead to a reduction in the standard of living,(and he suggest riots in the street, runs on banks, marshall law imposed by the military)
7. ] normalcy bias - causes us(most americans) not to worry about it
8. ] the US economy is NOT off of life support just yet
1. ] 15% or 1 in 7 americans are on foodstamps, 
2. ] the unemployent rate is NOT 8% but maybe as high as 22%, cites an examples of 700 people in ohio applying for a 16$ hour janitor job or over 2000 in ny lining up for days to apply for an elevator mechanics apprentice position
9. ] only 4 companies in america are AAA rated ( down from 69 in yyyy)
1. american companies like macdonalds and another are going to chinese dollar backed securities to attract investment
10. ] and then goes on to suggest some ways that you can reap the benefits
11. ] free report - 4 ways to get your money out of the us legally
12. ] free report - gold - up over 500% since 2000,
13. ] free report - silver - up over 600% since 2000,
14. ] free report - 100% secret
15. ] free report - world most valuable asset
16. ] the pitch is for newsletter subscription , offered at 50% off o- sign up for free trial subscription - 49.50, with a 4 month money back guarantee, if your not happy keep all of the above and he will return your 49.50

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ID: 435

NAME: review-theory-the_new_america

DESCRIPTION: review-theory-the new america or the end of america by porter stransberry

AUTHOR: article.author/s

EDITOR: article.editor/s

PUBLISHER: article.publisher/s

STATUS: Write

PRIORITY: -5

OWNER ID: 75

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