Mike Stathis

least not for over a decade. In the mid-90s, the Internet was released. Soon, hundreds of companies sought to harness this new technology. By 1999, the Internet stock bubble had swollen beyond belief, and everyone wanted a piece of the action. And we all remember what happened at the start of the new millennium. While this correction revealed the most recent illusions embedded within the economy, it s only a prelude of what to expect in the coming years. Today, economics control the investment cycle rather than hype generated by Wall Street. Accordingly, Washington can only hide the realities of America s decline for so long before the truth is revealed. Currently, we are in the middle stages of a secular bear market that began in 2001. Upon examination of the Dow Jones Industrial Average since 1900, it is clear that the stock market must correct downward in order to compensate for the spectacular appreciation of the 90s; a period fueled by excess consumption. Today we see that competitive forces from abroad are much more influential than in the past. In the mid-1990s, President Clinton signed off on NAFTA and the World Trade Organization, promising free trade would deliver better jobs and higher wages for all. But for the majority of Americans, the opposite has occurred. America entered the free trade paradigm as a losing participant from the start since all other nations place the burden of healthcare and pension costs with the government. While it still remains as the centerpiece for the global economy, America now relies on record debt to maintain its status as the world s strongest consumer marketplace. This has created the illusion of impressive productivity, while serving to mask declining living standards for the majority. As corporate America continues to achieve record profitability, these gains have come at the expense of its core citizens; the middle class. As a result of these trends, the United States is now more dependent upon foreign nations than anytime in its history. Declining oil reserves and a foreign-funded credit bubble have positioned its fate in the hands of the world. And its vulnerable role in the New Economy threatens to erode its empire status. Already, the effects of America s decline have registered. Declining competitiveness and reliance on foreign debt can be seen by noting the weakness of the dollar. As foreign nations lose interest in financing Washington s deficits, interest rates will soar. Soon, America will face the economic burden of 76 million aging boomers. Beginning in 2011, expenditures for Medicare, Medicaid and Social Security will start to grow rapidly. During this same period it is likely that peak oil will have been reached; this alone promises to cause worldwide devastation. In summary, I have presented what I feel to be a strong case for America s declining economic position and weakened competitive landscape by addressing the major issues at hand the trade imbalance and federal debt, free trade, healthcare, Social Security, pensions, the real estate bubble, the war in Iraq, tensions in the Middle East, the global oil shortage, and the effect baby boomers will have as they enter what they expect to be their Golden Years. See why Stathis has been censored by the media. They don t want you to know the truth. Stathis is the only credible expert who is on YOUR side. He's not trying to sell you gold or promoting a brokerage firm or fund. He tried to warn the public of this catastrophe before it happened, but the media shut him out. You should ask yourself why.