Paul B. Farrell, “America’s Worst Case Scenario: Total Collapse”

 “America’s Worst Case Scenario: Total Collapse”

by Paul B. Farrell

“Yes, I call it the “Doomsday Capitalism” revolution. And I’m betting you’ll be able to track it on Twitter. Warning: For Buffett this revolution began years ago: “There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.” Yes, that is exactly what Buffett told Ben Stein a few years ago in a New York Times interview.

Get it? This new preemptive war is already in progress, and America’s billionaires are the aggressors: Buffett’s billionaire buddies on the Forbes lists, his Wall Street banker buddies, his exporter buddies in China, all of Buffett’s buddies in this “rich class” are already engaged in a hostile takeover war against the American middle class, against the working class and the poor, against all Americans not on the Forbes lists of billionaires. And yes, they’re already winning big, as you can see in their latest war strategies to “buy” the midterm elections and further concentrate their power at the top.

But they’re doomed to implode. We warned of the dotcom crash in early 2000. Warned of a subprime credit meltdown for four years before 2008. Now we’re warning that a “Doomsday Capitalism” revolution is near ignition. Buffett’s aggressive “rich class” is overplaying their power grab, and as citizen-warriors reenergize and drive the rest of America to rebel against Buffett’s “rich class,” it will trigger an anti-capitalist revolution.

Warning to all investors, prepare now: Play defense. Expect an economic upheaval rivaling the 1929 crash, creating a climate for true reform that will make the 1930s look like a real tea party. Stretch your imagination: See a rebellion energizing 300 million Americans to rise up, counterattack, overwhelm and defeat Buffett’s “rich class” buddies.

• Niall Ferguson, "The Rise & Fall of the American Empire": “What if history is capable of accelerating suddenly, like a sports car? What if collapse does not arrive over centuries but comes suddenly, like a thief in the night?”

• Marc Faber, economist, GloomBoomDoom.com: “The future will be a total disaster, with a collapse of our capitalistic system as we know it today. … arrogant… corrupt… overspends… costly wars… inequity … decline.”

• Kevin Phillips, "Wealth & Democracy": “Most great nations, at the peak of their economic power, become arrogant, wage great world wars at great cost, wasting vast resources, taking on huge debt… burning… out.”

• Barton Biggs, "Wealth, War & Wisdom": “Investors must assume the possibility of a breakdown of the civilized infrastructure. Your safe haven must be self-sufficient… think Swiss Family Robinson.”

• Jared Diamond, "Collapse: How Societies Choose to Fail/Succeed": “Many civilizations share a sharp curve of decline. Indeed, a society’s demise may begin only a decade or two after it reaches its peak population, wealth and power.”

- http://wallstreetwarzone.com/

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