Mini-Me: 15+ Potentially Massive Threats to US Economy

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Who? Mini-Me?

Huh?  Here are Mini-Me’s post-November 2012 nightmare events:

01  End of all federal grants to all universities

02  By law, all option years on all federal contracts eliminated.

03  30% federal employee Reduction in Force (RIF)

04  Industrial chemical accident of historic proportions (e.g. the really really big rusted chlorine tank above the NJ Turnpike right outside NYC blows)

05  One of NYC’s two 1920’s water mains blows, followed by a firestorm

06  Our own biological agent used (Forced Population Reduction) across the poorest sectors of the south (“useless eaters” according to Henry Kissinger).

07  Radiological event (dirty bomb) closes down a major transit hub for the next 20 years.  Having fun yet?

15 Potentially Massive Threats To The U.S. Economy Over The Next 12 Months

We live in a world that is becoming increasingly unstable, and the potential for an event that could cause “sudden change” to the U.S. economy is greater than ever.

There are dozens of potentially massive threats that could easily push the U.S. economy over the edge during the next 12 months.  A war in the Middle East, a financial collapse in Europe, a major derivatives crisis or a horrific natural disaster could all change our economic situation very rapidly.

In the list below, you will find some “sudden change” events that are somewhat likely and some that are quite unlikely.  I have tried to include a broad range of potential “black swan events”, but there are certainly dozens more massive threats that could potentially be listed. (List only — links and text at the article.

01  War with Syria
02  War with Iran
03  Disorderly Greek Debt Default
04  Economic Collapse in Spain
05  Price of Gasoline
06  Student Loan Debt Bubble
07  State and Local Debt Crisis
08  Collapse of a Major US Bank
09  Derivatives Crisis (Credit Swaps Collapse)
10  Fall of the Japanese Economy (and government)
11  A Solar Megastorm (1 in 8 chance)
12  Major West Coast Earthquake and/or Volcanic Eruption
13  Tornado Damage to Major US Cities
14  Severe Drought in the United States
15  Asteroid Strike in February 2013