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Crisis 12: Is The US Headed Toward Financial Armageddon?

Submitted by on December 29, 2011 – 10:45 am53 Comments

By now, you’ve probably heard of or seen ads about a video that is sure to foretell America’s financial future. These ads urge all who want to be prepared for the next supposed phase of financial meltdown in the nation to visit crisis12.com. Since then, Crisis 12 has been mentioned all over Twitter, Google, Yahoo Answers, and so on as people try to figure out what’s coming next and what they can do about it.

If you’re one of those people, fear not. DrJays.com Live has you covered, maybe. While we are not endorsing Crisis 12 by any means, here’s one view of it.

The Crisis 12 video is a long-form viral video advertisement, the likes of which are used to sell all types of books, products, and subscriptions. There is typically no way to rewind or fast forward this video, in which words and images are shown onscreen as a narrator slowly makes his pitch to the customer.

In this particular one, the narrator is one Dr. Martin D. Weiss of Weiss Research, widely regarded as one of the most reputable financial analysis providers in the world. Weiss tells all about his work and about how his company correctly predicted many financial crises and failures that occurred within the next few months to a year.

Weiss begins to build his point, laboriously repeating rhetoric that has been heard over and over again from pundits, reporters, and politicians: America has taken on too much debt. We’re over $14.5 trillion in the hole, and unlike the past, most of our debt is owned by foreign creditors instead of citizens (most of whom are too broke themselves to buy US debt). He makes this point over and over again, speaking of former crises in Russia and Brazil.

After countless minutes of beating the dead horse, Weiss tells us what he believes the next phase of financial meltdown is: when investors are no longer willing to lend money to the US government. At this point, when US debt is rejected by foreign investors, there would be no more money for the government to borrow, forcing this country to cut costs dramatically across the board while attempting to raise the money to pay off the accumulated debt.

Seems a long way off if even possible, right? Wrong, according to the video; it claims that several countries around the world are decreasing investments in the US treasury and are instead purchasing gold and silver. Thus, it suggests that our country is running out of time.

Furthermore, the video predicts that the government will attempt to seize property, take away rights, and cut essential governmental services leading to period of great unrest, riots, crime, and poverty in our nation.

What should you do?

Weiss wants you to subscribe to a publication, Safe Money Report, that will fill you in on how our economy is doing, making you eligible for free e-books that should have you ready for for the monetary Hell or high water that is said to be on its way.

That’s right, at the end of the day this is about you spending money – which doesn’t necessarily mean that the info is fraudulent or untrue.

Is the information credible or is it all just a sales pitch?  You can judge for yourself.

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