For months, Glenn has been warning that economic collapse is coming to the Europe and that it would eventually spread to the United States and the rest of the world. Well, it seems like the mainstream media is starting to catch on to the reality of economic peril facing Europe - even if they are only talking about Greece at this point.
The Today Show reported this morning on the crisis in Greece. Their correspondent Keith Miller said (emphasis ours):
The Greek government is under tremendous pressure to reach a deal, a new bailout. If they can't reach an agreement, Greece could be the first country in the European Monetary Union to default. That would send the economy here into a death spiral. There are already signs of an economy in collapse. Soup kitchens and bread lines are packed with people without jobs and little hope of finding one.
Greece...is bankrupt. For decades the country lived well and worked little, all on borrowed money. Now Greece is suffering under severe austerity measures imposed by its neighbors as conditions for a bailout.
How bad is it? Keith Miller said, "The basic fabric of life is unraveling. Suicides up 40%. Homicide and violent crime up almost 100% and cuts in social services so deep it is making the greeks sick, literally. Hospital admissions jumped 24%, even as hospital budgets were cut by 40%."
Wow, that sounds a lot like what Glenn has been saying on radio and TV for a while, huh?
The report does ignore the fact that these problems could spread to the rest of Europe and the United States, something Glenn has been saying for months.
Glenn reacts below:
In December of 2010, Glenn warned:
"It is truly elegant the way that this country and the globe is being conned into a collective government. I want to go back to Europe and show now the choice in Europe. You know that they first said that they had to give lots of bailout money and it had to be staggering amounts - does this sound familiar - to shock the system over in Europe. And it went to Greece and that was supposed to stop the dominoes from falling. And now the next domino is starting to fall and that is Ireland. And the Irish didn’t want it. And they were forced by the EU to take it, otherwise all the other dominoes would fall. Well, there’s more dominoes to come. It’s going to be Portugal and then it will be Spain. It’s over."
On January 24th, Glenn presented a new theory on what was coming along with economic collapse:
Economic Collapse is coming. First to Europe, then to the U.S. and the rest of the world.
As a result:
1) The dollar will no longer be gold standard.
2) Civil War, unlike Civil War of the 1860s, will be fought in our inner cities led by radicals (anarchists, communists, revolutionaries, and Islamists)
3) This conflict will be fed and fueled by those in power in Washington D.C. and in our universities
4) Global War is coming
5) Radical Islamists and Communists will seek violence in our cities and on our border as they pour in from South America and Mexico to reclaim land
6) Farmers will be urged to farm collectively
7) Violence and famine will follow