Saturday, May 19, 2012

50% unemployment, 90% stock market drop & 100% annual inflation starting in 2012.”

Billionaire Donald Trump says the U.S. economy is poised for “massive inflation” and is warning investors to take steps now to protect themselves.

In the gripping CNBC interview, Trump also told investors they should not trust official government statistics.

He even questioned the “official unemployment” numbers. “It’s over 20 percent. It’s not 8.3 percent,” Trump said.

Trump also thinks skyrocketing oil prices will cripple the U.S. economy. “Right now, [oil] is at an all-time record for this time of the year, in the summer they predict $5 gasoline, maybe $6.”

But Trump isn’t the only expert warning the U.S. economy may go off the cliff.

More @ Moneynews
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2 comments:

  1. AnonymousMay 20, 2012 at 6:11 AM

    Geo. Humphrey said and I agree with him 100%"Barrack Obama is a puppet of the new world order brought in to collapse the American economy and usher in global governance"....folk`s nothing is just being left to happenstance here....this is a nefarious scheme proceeding on schedule .

    ReplyDelete
  2. Brock TownsendMay 20, 2012 at 12:17 PM

    a nefarious scheme proceeding on schedule.

    Agreed.

    ReplyDelete

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