from http://ashizashiz.blogspot.com/2009/04/20-steps-to-armageddon.html
Stunning is the best word to describe it. Like, halted-in-your-tracks there's no way they really believe what they're saying stunning. Recovery? RECOVERY???? Consumer spending??? What??? WHAT???!?!? Look, it's really so very simple. Here's the 20-step road to Armageddon. Virtually guaranteed by the actions of our leaders beginning in the early 1970s and culminating with the Obama-Summers-Geithner bailout mania:
- Consumers are tapped out
- Consumers are in debt
- Consumers want to get out of debt
- Consumer's cannot get credit
- Consmer's don't want credit
- Consumer purchasing power is gone
- Businesses are not selling stuff
- Businesses raise prices to make up for poor sales
- Consumers cannot pay higher prices
- Consumers cannot get out of debt
- Stimulus monies are hoarded
- Stimulus monies are used to pay down debt
- Stimulus monies create NO new jobs
- The velocity of money crashes
- Deflation accelerates
- Prices crash
- Businesses close en masse
- Unemployment explodes
- Consumers starve
- Civil War erupts
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