Billionaire Donald Trump says the U.S. economy is poised for "massive
inflation" and is warning investors to take steps now to protect
themselves.
In the gripping CNBC interview, Trump also told investors they should not trust official government statistics.He even questioned the "official unemployment" numbers. "It's over 20 percent. It's not 8.3 percent," Trump said.
Trump also thinks skyrocketing oil prices will cripple the U.S. economy.
"Right now, [oil] is at an all-time record for this time of the year, in the summer they predict $5 gasoline, maybe $6."
But Trump isn't the only expert warning the U.S. economy may go off the
cliff. Robert Wiedemer, author of the New York Times best-selling book
Aftershock, stated in a recent interview, "The data is clear, 50%
unemployment, a 90% stock market drop, and 100% annual inflation . . .
starting in 2012."
This wasn't the first time Wiedemer's predictions hit a nerve. In 2006,
he and his team of economists accurately predicted the four-bubble
meltdown in the housing, stock, private debt, and consumer-spending markets that almost sank America.
Regardless of his warnings and survival advice, Bernanke and Greenspan were not about to support Wiedemer publicly, nor were the mainstream media.
The question Americans need to ask themselves is this: Even if half of Trump and Wiedemer's predictions come true, ARE YOU PREPARED?
Read more: Massive Inflation Coming, Warns Donald Trump
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