Thursday, June 23, 2011

U.S. Horrific National Debt, Are You Prepared For The Coming Economic Collapse And The Next Great Depression?

By: Chris_Kitze

Michael Synder writes: It really is hard to find the words to describe the true horror of the national debt. The U.S. government has been on the greatest debt binge in all of human history, and a day of reckoning is coming that is going to be so painful that it is going to shock America to the core. We have lived so far above our means for so long that none of us really has any concept of what "normal" is like anymore. The United States has enjoyed the greatest party in the history of the world, but now this decades-old party is ending and the bills are coming due. It was Dick Cheney who famously said that "deficits don't matter". Well, try telling that to the nation of Greece right about now. The horror that Greece is just beginning to experience is a preview of what is going to happen to us as well. Only when it happens to us it is going to be so much worse, because when we go down we are going to bring the entire global financial system down with us.

More Here..


  1. The US is like an indebted company totally under water. Only chance to raise cash is to issue more shares (dollars). But they're running out of investors willing to participate in the placements. So they buy all the newly issued shares themselves by getting deeper into debt. Is this reason for a high share price?

  2. This story is nonsense. Have you forgotten who our leader is?

    We elected the smartest leader in the history of the world. Barack Obama has proven himself to be above reality and mathematics. There is no problem that he can't solve.

  3. Obama went to the Zimbabwe school of economics

  4. I will be a rich man in this coming Depression. Not a happy man. It will be difficult to be happy when so many are suffering and dying. Turning away friends that wouldn't listen NOW.

    The sane among us know what is coming but would rather not have it transpire for as long as possible. Hopefully our owners will delay its arrival.

  5. DoomsdayProphet says:
    Very soon it is going to be the end. These current times we live in now will seem like a walk in the park compared to the hell that is about to be unleashed on the world.
    Prepare both your minds and hearts.
    For many of you will become very poor, left homeless and in despair.
    You will not be able to turn and look away like you once did in the past. Great despair will be everywhere and on everyone faces. Very soon soon you will all witness the greatest depression the world has ever known.
    Your very own family will be the ones in trouble. For some it will be your own mothers and fathers thrown out onto the streets because of their small fixed incomes they cannot survive. Others will be your neighbors and friends who lost their jobs and unemployment has run out. Others sadly will be your very own children, young children scavenging for food through city dump yards.
    Yes things are going to be very bad for the everyday person. Some of you will break down mentally and not be able to survive. Others will turn to illegal trade. Others will turn to drugs. Others will kill themselves or others.
    Preparing does not mean stocking up on food and guns. It means getting your minds and hearts ready for the hell on earth you are about to witness.
    Pray for everyone and may God help all of us.

  6. Prayer is proven useless. A lucky charm is worth about the same. Mythology is not the answer. Our owners gave you that to pacify and control you.

    Preparing means preparing to stand and survive, and yes with all kinds of preps inc food, water, etc. A 'state of mind' doesn't mean jack shit when you are starving.

  7. Prayer is not proven useless - on the contrary
    my dear deluged Watson; the best and brightest minds this world has ever brought forth say/have enjoyed a relationship with the creator - so pound sand up your own ass; not everyone else's.
    A state of mind id EVERYTHING ! Back in the late 70's when I went thru the Army's SERE courses - I quickly learned that ATTITUDE aka
    STATE OF MIND is 90% of ANY situation.
    Think, Adapt and Overcome - you can put me anywhere in the Continential U.S. and I can survive indefinitly - so can alot of others -
    and I don't need 15 years worth of beanie wienies to see me thru either.

  8. DoomsdayProphet

    I can only partially agree with you. When the collapse comes, our money will have no value. That means the digits that represent what was once known a "dollars" in your bank account will have no value at all. People will not be evicted from their homes, for lack of paying the monthly rent/mortgage, for there will be no employees working at the Rental Office / Mortgage Company / Bank to receive the monthly payments.

    People will not turn to drugs, because once the pharmacies have been looted, there will be no more drugs, for lack of employees who work at the pharmaceutical companies.

    The Hospitals will have unlocked doors, but no one there to help.

    Police and Firemen will be at home with their families, trying to figure out how to survive the madness. They will no longer be available to "Protect and Serve".

    Name the commodity and the answer will be the same.

    People will still live in those apartments, but there will be no electricity, no gas, no water. Someone might try to bring home a few potatoes or an onion and attempt to eat it in their apartment, but more than likely, they will never make it to their apartment, before someone, bigger and stronger takes it from them.

    This was the way of life in Sarajevo from 1992-1996. It was not an economic collapse, but nonetheless, the effects were the same. Anyone who dared leave their apartment/shelter in search of food or water, stood a good chance of being killed.

    This IS the way it will be, Coast to Coast, live on CNN (but who will be watching?). All the countries we helped over the years will NOT help us.

    Many will die. Those who are prepared will survive.

  9. Prayer is useless, prepare and survive, no sky fairy will feed you, unless you prepare yourself, do it and be fine, do it not, and suffer the pain.

  10. I agree with 4:26 except the part about the CNN coverage. I say that MSM will still be lying about the situation. MSM negative news about the economy will be blacked out just like it is now. It will be a REAL news circus.

  11. I believe in Jesus:

    - I believe he is the Creator of the universe and all that is seen and unseen.

    - I believe Jesus is God and once upon a time, He became a man and lived as a man, so he could better understand the shit we have to deal with as mortal men, who are tempted CONSTANTLY by lusting over Steaming Hot girls in the 14-17 year old age range, who have NO BUSINESS dressing like sluts and whores, but yet mom, (dad would never allow it) thinks it's fine, because she dresses the same way...

    - I believe Jesus will someday come again.

    - I also follow Jesus' directive to sell my extra jacket (cloak) and buy a sword (the common weapon of the day). I actually have a sword and it will remove an arm or leg or foot or hand or head with one single swing. The good thing about a sword, it you don't have to clean it (unless you want to ) and you don't have to feed it (ammo). I also followed Jesus' directive and own a rifle, a shotgun, a .45 hand gun and many more weapons to protect me and my family.

    - Jesus once beat the dog shit out of a pack of IRS Agents who camped out at the Temple. He didn't even bother to "kick ass and take names", he simply kicked ass!

    I believe in prayer and my AR-15.

  12. I believe that jesus will come, all men come, but I dont believe in religion, I only believe in beatles.

  13. Democrats don't believe in Jesus. They believe that all power emanates from the Federal Government. Their false messiah Barack will deliver federal cheese to them and all will rejoice.

  14. Who is a Democrat? I know many dems, and most believe that power is derived from within themselves, only a small amount see the president as a messiah, that term comes from right wing loons, who keep repeating the mantra so the braindead, mind controlled religious, eat it up!

  15. Whether or not you belive is your business; however, as one poster notes - the wisest men
    and women this country ever produced - pretty
    much had one thing in common; a kinship with the divine creator. So; for someone to just state out of hand some obliguatory statement
    like prayer is useless and the sky fairy will not feed you; tells you many things.

    One of the many is that this individual is NOT
    in the same mental category as James Madison,
    Thomas Jefferson and Benjamin Franklin or
    Albert Einstien.

    You may make your own mind; but I know who's word I'll take !

    People love to stir things up & most time it's not really that difficult to separate the wheat from the chaffe - no different here either.

  16. Einstein was a Scientist, he did not believe in a sky fairy, to be in politics as the above men were, you have to say you believe, even if you dont, otherwise you are unelectable, those are the facts, so I look at it like that. I don't believe in make believe, I believe in what I can see and what I see is that religion is a system of mass control and distraction. Those who fall for it are fools!!

  17. Religious people are weak minded, otherwise they would just believe in themselves, rather than a fairy tale like Sante Clause and the Tooth Fairy.

  18. Wow - what a great discussion on ----------
    So; I might as well throw my 2 cents in as well

    There is absolutly no way that the greatest
    document ever written by human beings since the beginning of time; which led to the greatest
    human development ( for better or worse you can
    argue amongst yourselves) of all time; was done
    without divine intervention.

    When one reads this document; the conclusion is drawn rather quickly that they have done in four pages that in which man will never repeat
    in 4 millenium.

  19. Which document would that be? The Constitution? To me that is the Greatest Document ever! The Greatest Fiction of all time would be the bible!

  20. This country is Over, Read on Ron Paul's page about the 900 Foreign Chinese Free Trade Zones that will only employ chinese people and they are bringing their armies to protect these cities as well. Your children will Never earn a paycheck in their lives, their Lives are basically over and they dont even understand why, but they will. Every state in the Nation has at least one, but some places like Florida and Texas have Massive amounts of them, they are being built now.

  21. All the whining doomsayers and religious crusaders here do not understand capitalist economics 101

    The recovery is blasting off.

    All of the losses of the TBTF were socialised and a supply of interest free money arranged for the bankers to save their system
    Capitalism with state planning to utilise the ability of governments to create a bigger national debt via money printing is working out very well for the financial movers and the groovers.
    Just as planned.
    The UK Guardian reports with the details of the good news here :

    “The globe's richest have now recouped the losses they suffered after the 2008 banking crisis. They are richer than ever, and there are more of them – nearly 11 million – than before the recession struck.”

    Wait a decade or two in austerity, tighten your belt a notch or two and the trickle own effect will be sure to reach you soon as it always does, keep the faith an keep waioting just as religious Ronnie told us long ago.

  22. It was so wonderful of GAWD, the creator of the
    entire Multi-verse, to have a son with a virgin
    and send him to live here on our puny planet,
    amongst us mere mortals. With so much going on,
    what with stars burning and black holes forming
    and what-not, I just don't know how he found
    time to meddle in our monkey affairs. I'm sure
    that the genetically modified man-monkeys are
    the HIGHEST form of life anywhere and we are
    just so important and all, thank you god for
    intervening in our afterlife. I just couldn't
    go on knowing that when I die, the atoms and
    molecules that make up my body, mostly H2O,
    will simply dissipate into the atmosphere,
    and I'll be, dang, DEAD, and all, and, like,
    dude, it's OVER! Unless you're gonna clone me
    and send me to live on another planet, where
    the flowers all bloom and it'll be like,
    heaven, you knowhamsayin? Like Eden. Just be
    sure to upload all my good memories, I don't
    wanna remember all the bad stuff.

  23. The solar savior myth has been repeated many times. Jesus/Horus is just the current one in the age of Pisces. The new testament story is nothing more than the sun's circular trek through the Zodiac and Jesus is the personification of that story.

    Watch Zeitgeist, grow a pair and stop clutching to your delusion. Jesus is a myth and if you could think rationally you would see that, however, christians put rationality aside.

    "The christian religion is a parody on the worship of the Sun, in which they put a man whom they call Christ, in the place of the Sun, and pay him the same adoration which was originally paid to the Sun." - Thomas Payne

  24. The whole point of this blog is to help people prepare for the plunge into economic catastrophe. Fairy tales don't really need to be a part of that at all.

  25. Sounds like they forgot about COMPOUND INTEREST which is the source of the debt. Strange article.

  26. eienstein did beleive in god get your history right.the odds are a planet getting created for life form is 00000.000000.9000000 to infintiy

    jesus is real and youll meet him soon enough.

    the market we buy all our own treasuries
    ppt team in every morning pumpuing it up

    obama released the oil reserves
    why to drive down the fake prices before election
    when he will stick it in your azzz deeper with more wars and more inflation

    shovel ready hahahahh werent so shovel ready
    what a joke america is doomed we dont need alquadia
    our own goverment has destroyed us and the stupid fight or die slaves helped them


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