Thursday, November 3, 2011

How to Survive a Economic Depression

For many years we have been warning of a coming economic crash in America, and since 2006 we have been warning specifically of the HOUSING crisis, and the recession and depression that would follow. You will notice that everything we have been predicting is now coming true. In fact, a number of the most respected economists now state that the USA is already in Recession - beginning in December 2007. Sadly it is going to get much worse. Despite the economy’s continuing downward spiral, all is not lost. There is still time to learn how to survive an economic depression.

What we are witnessing is the ever-growing incompetence and impotence of the world’s politicians as they attempt to defy the laws of economics. Trouble is, it cannot be done. Nothing a government can do will stop the readjustment required to drive bad debt out of the global economy. Trying to halt the flood of business failures, job losses, bankruptcies and all the nastiest that go with a major depression is akin to the legendary little Dutch boy putting his finger in the dyke. You plug one hole only to find five more bursting out. Read more....

1 comment:

  1. Its always the same, the rich get richer, and the poor, poorer. The human race needs a different system to survive other then the money system we have now. The money system is the root of all evil. If people weren't so greedy and selfish and helped one another, things probably wouldn't be the way they are today. The rich act like they are going to take their money with them when they die. I am tired of being a "slave" to the rich. The government robs the taxpayers to help out their rich friends. Time for a revolution.


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