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 Economic collapse

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masterindisguise
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PostSubject: Economic collapse   Thu Jun 16, 2011 10:24 am

I don't want to be a fear monger, I am just putting this information out there for those who might find it useful.



The Coming Economic Hell For American Families (June 8, 2011)
http://members.beforeitsnews.com/story/697/651/The_Coming_Economic_Hell_For_American_Families.html
Tens of millions of American families are about to go through economic hell and most of them don't even realize it. Most Americans don't spend a whole lot of time thinking about things like "monetary policy" or "economic cycles". The vast majority of people just want to be able to get up in the morning, go to work and provide for their families. Most Americans realize that things seem "harder" these days, but most of them also have faith that things will eventually get better. Unfortunately, things aren't going to get any better. The number of good jobs continues to decline, the number of Americans losing their homes continues to go up, people are having a much more difficult time paying their bills and our federal government is drowning in debt. Sadly, this is only just the beginning. Since the financial collapse of 2008, the Federal Reserve and the U.S. government have taken unprecedented steps to stimulate the economy. But even with all of those efforts, we are still living in an economic wasteland. So what is going to happen when the next wave of the economic crisis hits? During one recent interview, Peter Schiff made the following statement... If you look at the economic relapse that's going on right now, look at Friday's abysmal job numbers, look at the housing numbers, understand that all of this is taking place with record monetary and fiscal stimulus. What happens if we remove those supports?At the end of June, the Federal Reserve's quantitative easing program is slated to end. The U.S. Congress and state legislatures from coast to coast are talking about budget cuts. The amount of borrowing and spending that has been going on is clearly unsustainable, but will the U.S. economy start shrinking again once the current "financial sugar high" has worn off?Already, all sorts of bad economic news has been coming out and all kinds of economic indicators are turning south. The American people are becoming increasingly restless. One new poll has found that 59 percent of the American people disapprove of Barack Obama's handling of the economy (which is a new high). According to another recent poll, 63% of Americans say that they feel "not good" or "bad" about how the U.S. economy is performing. If most Americans had good jobs, could afford their mortgages and could pay their bills, the economy would not be such a big issue. Unfortunately, times are really tough for American families right now and they are about to get a lot tougher.

(...) Recently, James Carville warned that we could literally see rioting in the streets if the economic situation does not turn around soon. Just check out the last part of the video below....The truth is that America is in decline. Just like with all of the great empires of the past, our empire is starting to crumble too.A recent article in the Guardian touched on some of the reasons for America's decline....The experience of both Rome and Britain suggests that it is hard to stop the rot once it has set in, so here are the a few of the warning signs of trouble ahead: military overstretch, a widening gulf between rich and poor, a hollowed-out economy, citizens using debt to live beyond their means, and once-effective policies no longer working. The high levels of violent crime, epidemic of obesity, addiction to pornography and excessive use of energy may be telling us something: the US is in an advanced state of cultural decadence.The economic news is only part of the puzzle. This country has rejected the ancient wisdom that was passed down to us and we have rejected the principles of our founding fathers.We have piled up the biggest mountain of debt in the history of the world and yet somehow we expected that everything would turn out okay.Well, everything is not going to turn out okay. All of this debt is going to come down on us like a ton of bricks and the U.S. economy is going to continue to fall apart. Millions of American families are going to lose their jobs and their homes.Economic hell is coming.You better get ready.

7 Steps To Survive The Coming Economic Collapse From Water Shortage to Cannibalism (June 10, 2011)
http://members.beforeitsnews.com/story/705/243/7_Steps_To_Survive_The_Coming_Economic_Collapse_From_Water_Shortage_to_Cannibalism.html
You may deny it all you want just like the mainstream media and the government is doing. The truth is with the mounting national debt and annual deficit rising it is mathematically impossible for the US to not head for a collapse. The 7 deadliest sins the US has done are to blame for the coming collapse. These are "sins" that the government committed which the people now has to suffer from.Many economists and successful international investors are warning the people that the worst is yet to come. Even though the stock market has shown an increase and the gold price has dropped to below the US$1,200 an ounce level, investors such as Jim Rogers and Marc Faber do not easily buy the good news. The have not changed their opinion. The ultimate economic collapse IS still coming. Forecasters such as Gerald Celente has been warning the people and urged them to forget about hope and change and immediately switch into survival mode. What you can do now is to dream on and hope that the government is going to save you or anticipate for the worst and prepare for your family's survival through the coming economic storm.If you think it is wise to prepare for survival, read on. Below are 7 steps for you to take:
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Economic collapse

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