WARNING
The mainstream media and government are communicating that the economy is on a positive track toward recovery while downplaying the likelihood of another economic catastrophe similar or worse than that experienced in the fourth quarter of 2008 and first quarter of 2009. In actuality, there is a significant chance that the U.S. will experience a severe economic collapse, beyond what has already been experienced, either this year or within the next few years. If there is a perceived, sustainable economic rebound before this happens, do not be fooled - the underlying economic problems still exist and will likely eventually surface in economic collapse.
This following analysis further explores this warning by describing:
1. The 4 key reasons an economic collapse is likely imminent
2. Why these 4 reasons make the economy vulnerable
3. Warning signs and triggers to monitor to foresee a collapse before it happens
4. What can result from an economic collapse
5. Ideas for preparation
The 4 Key Reasons an Economic Collapse is Likely Imminent
1. The U.S. has unprecedented, massive amounts of current and coming debt.
2. Foreign countries have experienced their own crises, and they cannot offer added levels of debt funding for the U.S. Even if they could, they are unlikely to do so.
3. Productivity is declining, and everything the government is doing is further hurting productivity.
4. The U.S. is printing unprecedented, massive amounts of money and no longer has an ability to control inflation and deflation.
1. The U.S. has unprecedented, massive amounts of current and coming debt.
1. Over $11.4 trillion in current debt and growing
2. $1.8 trillion deficit in current budget - $9.3 trillion over next decade (likely to be higher)
3. Outstanding future debt of $43 trillion to $102 trillion from entitlements
4. Debt Comparison to U.S. GDP
A. Over $11.4 trillion in current debt and growing
U.S. federal debt is now over $11.4 trillion. As this graph is slightly outdated, you can imagine how far off the graph the line will need to go to chart the increase.
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Since when could an imminent situation take place in a few years?
ReplyDeleteSince arbitraryvotes.com tried hedging their bets like they where making derivitaves contracts with Golden Sacks or Jew Penis Morganstein
ReplyDeleteWell, when I began reading this blog I used to think that some collapse is really imminent. But that was a few months ago. After writing for so long that collapse as being imminent, and yet everything seems to be going back to normal, I have lost any faith in this warning of collapse.
ReplyDeleteEconomy is better again. Even if it wasn't, the government and wall street oligarchs will do everything - fraud, that is - to make it look like everything is on the track again. And as a result, the sheeple which are never really aware of anything about whats happening behind the curtains, will get back to normal and start consuming things, thereby driving the economy with it.
Thank you.
While I respect your opinion I disagree that all is well again.
ReplyDeleteLook around. See more and more for lease signs going up. Feedback from companies on their sales and service revenue dying off. Spending more as a solution will not work any longer.
We can no longer monetize our debt. Foreigners are not playing that game anymore. They finally figured out that while they give us TVs and Cars we give them paper slips.
After printing trillions in dollars out of thin air the reality is inflation is coming soon. Probably this fall. It won't take hyperinflation to send this entire fake economy into a tailspin. Any significant increase will result in the collapse of the commercial real estate market and then the implosion of home prices. Then the bank failures and their nationalization as well as all key industries.
This is all planned out of course. Any informed person knows the banksters have a lockdown on our government right up to the President.
To believe all is well is foolish. We are near the cliffside. Inside of feeling complacent you should be parachute shopping.
The major banks are raising their credit cards fees next month. This is when they are getting essentially free month at -0- interest. Should be a gauge of just the kind of greed to expect in the months ahead.
ReplyDeleteGet ready to put a basket on your head, the US is going third world.
ReplyDeleteIn 1987 the US was actually a creditor nation with zero debt on the books. In just 22 years we went down the toilet financially. Now each household owes $550k or much worse if you believe the red banner above. People actually believe that is reversible in a country that pretty much makes nothing.
ReplyDeleteIn five years the US won't even exist, at least not the US your parents lived in that is for sure.
Canada is going to be the next revolution in world resources and Technology !! i hope anywase ,becasue we have everything here , exept for Industrial buildings , we have one of the biggest oil reserves in the world (albeit a little more expensive to extract) we have endless supply of forestry products), endless river and lakes and Fields to produce electricity in wich we supply 1/2 of the U.S with , we have food growing capacity , etc etc etc . Now we only need second and thrid industry to form and produce finish products . I hope to heck we Canadians wake up and learn of How great it can really be in Canada , but we must overthrow this fascist government and throw out the QUEEN of our affairs (through the Governeur Genereal , she represents the queen and has the last rubberstamping word on the issues that get passed in the house of commons and the senate) Throw the catholic church out on their asses also.
ReplyDeleteCanada de Grootse land van de werelde !!
You can't look at the massive budget shortfalls in the states and all the empty real estate and actually, rationally conclude that things are getting better. Anybody who says so is being foolish and/or isn't paying attention. Yes there are many opredictions of collapse and just because we don't fall off a cliff all at once doesn't mean it isn't going to happen tioday, tomorrow or next month. We are currently in a collapse, it just isn't something sudden like you would think you would see on television....though it can accelerate at any time.
ReplyDeleteThe economy is NOT getting back to normal. You need to turn off your TV dude. My business is DEAD (I sell nationwide)! The last few months have continually declined, almost to zero. Small to Medium businesses have stopped spending ANY money. We are in a rapid decline now.
ReplyDeleteI don't know how many more months I can pay my bills. My business was very successful a year ago.
The government knows full well that the rate of economic collapse is accelerating.
ReplyDeleteAll of the statistics and other crap are doctored to make things look better on the TV, but in the street things are getting worse day by day. That's how you know there is now a total disconnect between TV and reality.
TV is just a propaganda tool of the NWO.
Watch this clip about market manipulation:
http://market-ticker.denninger.net/
I sense that sensing all is lost anyway, this dude from Chicago decided to be the first patriot to blow the whistle publicly.
Let's hope everyone steps up to the plate now.
I know what is said by the tiredness of hearing about an imminent collapse.
ReplyDeleteWe've all been hearing about it for so long - However, I believe this is the whole point concerning the mainstream media. (enemy)
Cry wolf, so you can put your guard down.
It's like anything else that will explode. It must first build pressure.
Sit tight and you will eventually see this whole system blow. Just be ready when it does.
Anonymous said...
ReplyDeleteSince arbitraryvotes.com tried hedging their bets like they where making derivitaves contracts with Golden Sacks or Jew Penis Morganstein
This whole situation is like Science class when you boil a frog. It can adapt tho the new tempature and continue to live even though it is slowly dying. That is our society right now. If it was something imminent it would be akin to raising the temaperature so high at one time that the frog explodes. That isn't happening here folks. And noone knows when it will happen so to this blog that I have reading for several months about imminent which should mean seconds...hours...days...perhaps weeks...not months or years..That's my point. I'm not saying the collapse isn't going to happen however sometime don't the road...
My business is very slow, laid off 50 % earlier this year, and planning for more next week. Everyone I talked to is dead slow. Almost everyone I know in business is not making any money what so ever and their business is being kept afloat on the owners personal money.
ReplyDeleteA good percentage of my neighbours are either laid off, or working 3 or 4 days per week, or at the least have extender summer holidays.
I firmly believe in the very least, we are going to come out of this with a more leaner and frugal lifestyle, worst case, collapse, as it should have already, like, look at the levels of debt.
The only businesses that are surviving, it seems are the big chains, the bigger deep-pocket corporate entities. This is NOT a good thing.
ReplyDeleteIn fact, it's a bad thing for individual liberty, because when you apply for a job at a big chain, they make you tell them all of your public/private information. It's like a rape of sorts. You give them your SSN, and then they don't hire you anyway, most likely. But your SSN hangs out on paper or in their files just to make you even more vulnerable to ID theft. Just sucks!
ReplyDeleteIt will all be over before this winter if not sooner.
ReplyDeleteMy advice is to stock up on food, dried goods if possible, get out of the cities if you can, find source of fresh water, have a way to protect yourself. Good luck everyone, this is going to be bad.
ReplyDeletePresently the economy is on the upswing and all is beginning to look rosy. The Dow is bouncing around 10000 and gold is at 1100.00 per ounce. Please, do not be deceived, this is only the lull before the storm. The Dow at this point, with unemployment at 10.2%, should not be any higher than 5000 to 6000.
ReplyDeleteI cannot beleive for the life of me, that the American people are duped into believing that all is well or that we are on the upswing and housing prices are bottoming.
At Ft. Hood, we have our military leaders communing with terrorist and killing our soldiers (son/daughter) while this idiot stands by and does nothing. And people think it will get better? Get real.
The economy, crime, lack of leadership, health care, unemployment, we are in a state of chaos.
Prepare, it will hit the fan soon
Rosy indeed ! Far from it !!
ReplyDeleteThe "upswing" was just a transient blip on a downward economic slide and a result of the 3 Obama stimulus initiatives now expired. The stock market responded enthusiastically to the 3.5% jump UNTIL they woke up to the cause, and things went back down again...oops ...
The latest informed analyses suggest that the USA will enter stage 2 of its economic collapse, namely the commercial real estate sector, within months and given that 85% or more of commercial entities are under water financially now, this will push the USA into a depression FAR worse than the 1930s. The global flow-on effects will be frightening.
Little wonder ammunition sales in the past year hit 12 BILLION rounds - a sign of total citizen unrest and lack of trust in the clowns in government.
Yep, you'd better be self-sufficient for power and food or kiss your asses goodbye.
I'd say it'll all happen by June 2010 so not much time people...
My small business is dead too... If you want to get an unbiased forecast of things to come, listen to Gerald Celente (latest interviews: http://embedr.com/playlist/gerald-celente-returns-on-alex-jones-tv-federal-reserve-manipulation-in-washingt;
ReplyDeletehttp://www.shtfplan.com/forecasting/gerald-celente-terror-strikes-probable-in-2010_11162009).
Celente is an unbiased trends analyst, but most importantly he has never been wrong in his predictions of major events.
Our near future will be much worse than present. However I beleive that it's better to face reality of the coming collapse, no matter how unpleasant it is, to be prepared for coming hardship and to survive.
Hey Trex!
ReplyDeleteHows she goin there eh?
Private debt, government debt, consumption based economies, the growing population of the earth, the finite supply of oil, the clean water crisis,
ReplyDeleteworld growth and capacity build on credit consumption. All of these issues are unique to this time in human history. The tipping point was probably reached in the late 1980's.
Instead of reversing the unnatural behavior we accelerated it in the name of growth and greed.
We played a numbers game. We left reality behind. We could not stop as when we stop the reality of finite resources would have left the world's fast growing population without food and Jobs.
So we continued with the numbers game and drifted farther and farther away from shore and from reality.
Now we are doomed. Without credit based consumption the factories will close, millions will starve and the world economy which have been build on Public and Government debt (Money that does not exit) will collapse.
So what do they do?
They try to fix the debt problem with more debt.
The markets eventually bounce back as those people that has money in the markets has to believe that tomorrow will be better as if it is not what will happen to their lives savings.
In the second half of 2010 we will see another problem. Possibly either Spain or Portugal.
Either way by the end of 2010 and the first few months of 2011 there will be another upswing.
I believe that in the second half of 2011 the final world economic collapse will start.
The key to survival will be security, self reliance in food production and access to naturally clean and fresh water.
New and green technologies can help you to survive and live more comfortably that the rest.
Prepare to grow your own food. Invest in self sustaining green energy sources and invest in a safe natural environment. Cities will be very dangerous.
If the collapse happen you would be better off with all these preparations. If the collapse does not happen you will not be worse off. In fact you can only benefit from these preparations as it will save you money, make you more independent and increase your life quality.
A public service message from a caring human being.
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