Wednesday , 23 July 2014

Will May 2013 Be the End of the Road for the U.S.?

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Anybody who thinks the U.S. is in a so-called recovery isn’t listening to economist John Williams. He expects a negative reaction to the U.S. dollar in the next 3 or 4 months leading up to the mid-May deadline for Congress to get the budget and debt ceiling under control. If they do not get their financial house in order by then he believes “it will be the end of the road….as they are not going to have another opportunity”. 

So writes Greg Hunter (www.USAwatchdog.com) in edited excerpts to his introduction* to a 16 minute video interview with Williams entitled May 2013-End of the Road – John Williams Video which can be seen here .

This post is presented compliments of www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (Your Key to Making Money!) and may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.

Hunter points out that in the video, in addition to a host of other insights, that Williams:

  • contends, “We haven’t had a recovery and we’re not about to have one, and it’s getting worse” because “the consumer is in very serious trouble. . . . The average guy is not making it.  His income is not keeping up with inflation.”
  • calls for hyperinflation to the U.S. dollar by the end of 2014.

Join Greg Hunter here as he goes one-on-one with John Williams of Shadowstats.com.

Editor’s Note: The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.

*http://usawatchdog.com/may-2013-end-of-the-road-john-williams/

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