Geithner Warns - 'We're almost out of runway.'

A Newsmax Early Warning… Are We Barreling Uncontrollably Toward the Crash of the American Economy? "We're almost out of runway." — Timothy Geithner, Treasury Secretary Dear Concerned Citizen, I rarely give any credit to Tim Geithner, a man who has failed at just about every stop he's made over the course of his career. But his words above correctly sum up the situation America is in right now regarding this debt ceiling debacle. A failure to reach a resolution will result in an aggressive hike to interest rates. And the real estate and stock markets will collapse. Even if we do figure out a solution, the credit agencies still may downgrade America's rating. This will make it more expensive for us to borrow money in the future. Plus, foreign countries will feel less inclined to invest in our economy. At this moment, the "best-case scenario" is not bright. We have a Capitol Hill standoff with no end in sight and an Aug. 2 deadline bearing down quickly. You need to know how to stay safe from what lies ahead. Recently, one million Americans united online for a groundbreaking event. The goal was simple. To come up with solutions for protecting the individual prosperity of average folks on Main Street. The event was called the Aftershock Survival Summit. It was led by Robert Wiedemer. An esteemed economist, he was one of the few voices who accurately predicted and warned of the four-bubble meltdown that struck America and caused the recession. He also foretold this current debt fiasco and the continued death of the dollar. But the crisis he sees starting in 2012 could be the worst of them all. Imagine 50% unemployment, a 90% plunge in the stock market, and a real estate collapse even worse than our previous one. This debt ceiling catastrophe could be just the first stage of this coming epidemic. Fortunately, on the Aftershock Survival Summit you will be provided with the real story and action-ready guidance for safeguarding your investments, retirement savings, life insurance, personal finance, and even your job. If you haven't yet watched this powerful broadcast, I suggest you click here now to launch a 100% FREE private airing. Stay Safe, Aaron DeHoog Financial Publisher Newsmax and Moneynews This e-mail is never sent unsolicited. You have received this Newsmax e-mail because you subscribed to it or someone forwarded it to you. To opt out, see the links below. TO ADVERTISE For information on advertising, please contact Newsmax Advertising Sales via e-mail. TO SUBSCRIBE If this e-mail has been forwarded to you and you would like to sign up, please click here. Remove your e-mail address from our list or modify your profile. We respect your right to privacy. View our policy. This e-mail was sent by: Newsmax.com 4152 West Blue Heron Blvd., Ste. 1114 Riviera Beach, FL 33404 USA 1221315 CAE8-1