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Financially Painful Enough to Move Reps or Dems to 3rd Party Status

Austrian economist, John Williams, has updated his hyperinflation report a number of times. I took a day to read the whole thing and the words that always stayed with me were that the times may become financially painful enough to encourage a third party to move the Republicans or Democrats to third-party status in the 2012 election. I was hoping he was right and I believe he may very well have been. Would definitely explain why the establishment is trying so hard to keep the economy propped up now.

This is a long read but definitely worth it. Tells exactly what he predicts is coming and how it may play out. He also gives plenty of statistics to back up his claims.

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From John Williams' Hyperinflation Special Report 2012 #414

"As noted in the 2011 report, “A wide variety of possibilities would follow or coincide politically with a hyperinflationary great depression, but the political status quo likely would not continue. Times would be financially painful enough to encourage the development of a third party that could move the Republicans or Democrats to third-party status in the 2012 presidential and congressional elections.”

That circumstance remains true, given current and likely deteriorating economic conditions, irrespective of the hyperinflation’s timing.

Where I always endeavor to keep my political persuasions separate from my analyses, for purposes of full disclosure, my background is as a conservative Republican with a libertarian bent."

http://www.shadowstats.com/article/no-414-hyperinflation-spe...