Pretty scary stuff. The National Inflation Association is warning that by 2015, Americans, (and presumably the rest of us in the world), will be in dire straits. Due to the recent decision by the United States Federal Reserve to "print" more money, inflation is expected to, (and may already), cause quickly rising food prices. To the extent that milk and bread will be very expensive in today’s dollars.
Doesn't this sound exactly what the Apostle John warned about in the book of Revelation? Please read Revelation 6:6, and do a little study on that particular verse.
From the article:
The rioting and looting currently taking place in Egypt is primarily a result of massive food inflation and shows what all major cities in the United States
One thing NIA is almost 100% sure of is that come year 2015, middle-class Americans will be spending at least 30% to 40% of their income on food, similar to Egyptians today.
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More social and political turmoil is likely in the future so commodities prices will continue rising, renowned investor Jim Rogers, CEO of Rogers Holdings, told CNBC Thursday. I don't know what's going to happen but I expect more currencies turmoil, more social unrest, more governments collapsing so I invest more in currencies and commodities than stock," he added.
Egypt: Preview of
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