“The ‘start-up job rate’ in our country – the number of jobs in newly created American companies – has fallen during the Obama administration to 7.8 per 1,000 people, a 31% decline from the first President Bush. Those missing jobs and the resulting impact on unemployed youth are the kindling that ignites fiery riots. When our unemployed youth reach the point where they perceive that they have little left to lose, well it will be London and Stockholm and Athens all over America. That’s a when, not an if. The question I wonder is how America will react. Will the riots be enough to change the stupor in Washington?”
http://sovereign-investor.com/2013/08/02/civil-unrest-coming-to-america/
Related posts:
Here’s an Escape Route from America’s Decline …
The Bitcoin revolution could change government
The Nearly-Free University
James Grant and James Turk discuss gold, the Fed and the fiscal situation of the USA
Thoughts Have Consequences
The hustlers and parasites who make up Washington's establishment
The Only Truly Compliant, Submissive Citizen Is a Dead One
Charles Goyette: Government vs. Prosperity (Chapter 1, Abridged)
Love It or Hate It, You’re Missing What Really Matters About Bitcoin
Citizenship, identity, mourning loss of identity and moving on …
Michael Hastings: A Non-Conspiracy Theory
The Financial System Doesn't Just Enable Theft, It Is Theft
Who Was the Richest Person Ever?
"The Bank Was Saved, and the People Were Ruined."
Iraq back at the brink