10 Signs America Is Becoming a Third-World Country before Our Eyes

We all hear that the solution to the economic woes of our country is for its citizens to go abroad and work in the US and then have that citizen send money to their family and they will live happily ever after. Here is a little something to chew on from one of the newsletters that I receive from www.silver-investor.com.

The folks at Casey Research recently unearthed a perceptive little article titled "10 Signs the U.S. is Becoming a Third World Country." The list speaks for itself, as I have been warning my readers of all ten red flags for some time:

1. Rising unemployment and poverty (both are much bleaker than official reports portray, as government statisticians routinely "cook the books").
2. Economic dependence (debt above 90% of GDP).
3. Declining civil rights (Patriot Act and other privacy stealing mandates).
4. Increasing political corruption (not only the criminal trials and sex scandals that make for titillating headlines, but the insidious, below-the-radar payola system that corrupts government at all levels).
5. Military patrolling the streets (my newsletter has detailed the hush-hush training of thousands of U.S. troops for deployment in urban America).
6. Failing infrastructure (bridges, dams, oil and gas pipelines, power grid).
7. Disappearing middle class (massive, permanent loss of blue-collar jobs).
8. Devalued currency (the inevitable result of chronic deficit spending).
9. Controlling the media (the FCC, having effectively co-opted the major networks, is now eyeing talk radio controls and internet "neutrality").
10.Capital controls (preventing free markets and free people from correcting and disciplining the financial misdeeds of big government).

If the US is in trouble due to its fiscal deficit spending then the whole world is in deep trouble, financial collapse is a reality.

Thank you for being updated with these matters and securing your future by buying the right investment vehicles like precious metals.