I don't normaly write off topic much but this is something I have been researching for the last couple weeks. I am going to continue to research the facts but here is the general premise of my theory. (Conspiracy therory even!)
Over the last 10 years Americans have extended ourselves right to the edge of what our budgets could afford. In general, we took out home loans for houses we could barely afford because we were short sighted and thought the price of housing would just continue to rise. During this time a lot of Americans stressed there financial situation to the point they were living paycheck to paycheck.
During this period the middle eastern terrorist organisations along with some of the middle eastern countries (you don't think they are really our friends do you?) had a plan to push Amreicans over the perverbial financial cliff. For most americans living on the financial edge anyway a monthly increase in fuel cost along with everything else that was affected by the price of gas was enough to crumble the house of cards. Suddenly Americans, living paycheck to paycheck, had an extra $200+ per month gas cost. With the increase in their monthly expenses something had to give and that was their mortgage. Thousands of Americans suddenly faced with an increase in monthly expenses can no longer pay their mortgages and go into forclosure on their homes.
Because of how deeply integrated the mortgage business was in the core of the American economy this triggered a massive collapse of our financial system. I am still researching this and will have more details in future post but it is a plausible scenario and one that could have been easily manipulated by middle eastern powers? Is this the case? I'm not sure but....
More to come!
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