Largest Economy Collapsing

…As I have said so many times before, the next wave of the global economic crisis is rapidly approaching. Depression is already sweeping much of southern Europe, and it is only a matter of time before it sweeps across northern Europe and North America as well.
Neither Obama or Romney is going to be able to stop what is coming. The global economy is getting weaker with each passing day. The central banks of the world can print money until the cows come home, but that isn’t going to fix our fundamental problems.

The largest economy in the world is imploding right in front of our eyes and nobody seems to know what to do about it.
If you believe that Barack Obama, Mitt Romney or Ben Bernanke can somehow magically shield us from the economic shockwave that is coming then you are being delusional.
Just because what is going on in Europe is a “slow-motion train wreck” does not mean that it will be any less devastating.
Yes, we can see what is coming and we can understand why it is happening, but that doesn’t mean that we will be able to avoid the consequences…

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