The Beginning Of The End
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10 Scenes From The Economic Collapse That Is Sweeping Across The Planet

Earth From SpaceWhen is the economic collapse going to happen?  Just open up your eyes and take a look around the globe.  The next wave of the economic collapse may not have reached Wall Street yet, but it is already deeply affecting billions of lives all over the planet.  Much of Europe has already descended into a deep economic depression, very disturbing economic data is coming out of the second and third largest economies on the globe (China and Japan), and in most of the world economic inequality is growing even though 80 percent of the global population already lives on less than $10 a day.  Just because the Dow has been setting brand new all-time records lately does not mean that everything is okay.  Remember, a bubble is always the biggest right before it bursts.  The next major wave of the economic collapse is already sweeping across Europe and Asia and it is going to devastate the United States as well.  I hope that you are ready.

The following are 10 scenes from the economic collapse that is sweeping across the planet...

#1 27 Percent Unemployment/60 Percent Youth Unemployment In Greece

The economic depression in Europe just continues to get worse with each passing month.  According to the Daily Mail, the unemployment rate in Greece has nearly tripled since 2009...

Greek youth unemployment rose above 60 per cent for the first time in February, reflecting the pain caused by the country's crippling recession after years of austerity under its international bailout.

Greece's jobless rate has almost tripled since the country's debt crisis emerged in 2009 and was more than twice the euro zone's average unemployment reading of 12.1 percent in March.

While the overall unemployment rate rose to 27 per cent, according to statistics service data released on Thursday, joblessness among those aged between 15 and 24 jumped to 64.2 percent in February from 59.3 percent in January.

#2 Detroit, Michigan Is Insolvent And Is Rapidly Running Out Of Cash

I love to write about Detroit because it is a perfect example of where the rest of the country is headed.  They have just gotten there first.  At this point, Detroit is essentially bankrupt, and the new emergency financial manager is saying that Detroit may totally run out of cash next month...

Detroit may run out of cash next month and must cut long-term debt and retiree obligations, according to emergency financial manager Kevyn Orr’s preliminary plan to save Michigan’s largest city from bankruptcy.

Orr’s report says the cost of $9.4 billion in bond, pension and other long-term liabilities is sapping the ability to provide public safety and transportation. He listed cutting debt principal, retiree benefits and jobs among his options.

“No one should underestimate the severity of the financial crisis,” Orr said yesterday in a statement. He called his report “a sobering wake-up call about the dire financial straits the city of Detroit faces.”

#3 Economic Despair In France

France is going down the same path that Greece, Spain, Portugal and Italy have gone.  The following is an excerpt from a recent article in the Economist...

HELDER PEREIRA is a young man with no work and few prospects: a 21-year-old who failed to graduate from high school and lost his job on a building site four months ago. With his savings about to run out, he has come to his local employment centre in the Paris suburb of Sevran to sign on for benefits and to get help finding something to do. He’ll get the cash. Work is another matter. Youth unemployment in Sevran is over 40%.

#4 7,000 Abandoned Buildings In Dayton, Ohio

All over the upper Midwest, there are formerly great cities that are dealing with thousands of abandoned buildings.  Dayton, Ohio is one example...

Like many urban cities in recent years, Dayton still finds itself knee-deep in abandoned, dilapidated properties as the result of the foreclosure crisis and economic downturn five years ago.

Boarded up buildings that appear to be on their last legs litter the city as it attempts to recover.

Kevin Powell, the city’s acting manager of housing inspection, says officials plan to use $5.2 million — half from the state’s Moving Ohio Forward program and a matching grant from the city’s general fund — to raze 475 abandoned properties by the end of September.

That will scratch the surface of an estimated 7,000 abandoned property problem that is growing.

#5 Overwhelmed By Squatters In Spain

In Spain, unemployment is rampant and people have become incredibly desperate.  In fact, in some Spanish cities you can now find entire apartment buildings that are being overwhelmed by squatters...

A 285-unit apartment complex in Parla, less than half an hour’s drive from Madrid, should be an ideal target for investors seeking cheap property in Spain. Unfortunately, two thirds of the building generates zero revenue because it’s overrun by squatters.

“This is happening all over the country,” said Jose Maria Fraile, the town’s mayor, who estimates only 100 apartments in the block built for the council have rental contracts, and not all of those tenants are paying either. “People lost their jobs, they can’t pay mortgages or rent so they lost their homes and this has produced a tide of squatters.”

#6 The Collapse Of Chinese Power Consumption

Energy consumption tends to closely mirror economic activity.  That is why the recent collapse of Chinese power consumption is so alarming.  The following is from Zero Hedge...

According to CLSA's Chris Wood using NEA data, China's monthly power consumption (the most accurate proxy for underlying economic strength according to the current premier) growth slowed from 5.5% YoY in Jan-Feb 2013 to 1.9% YoY in March, the slowest growth rate since May 2009 (as discussed in-depth here).

#7 Horrible Economic Data Coming Out Of The Second Largest Economy On The Planet

The economic data that has been coming out of the second largest economy on the globe has been quite alarming recently...

For starters, China’s recent economic data, as massaged as it is to the upside, is downright awful. China’s PMI numbers were the worst in two years. Staffing levels in the Chinese service sector decreased for the first time since January 2009 (remember that year).

China’s LEI also shows no sign of recovery. If anything, it indicates China is heading towards an economic slowdown on par with that of 2008. And if you account for the rampant debt fueling China’s economy you could easily argue that China is posting 0% GDP growth today.

#8 One Out Of Every Five U.S. Households On Food Stamps

Back in the 1970s, about one out of every 50 Americans was on food stamps.  Today, even though we are supposedly in the midst of an "economic recovery", food stamp enrollment continues to soar to new highs.  The following is from CNS News...

The most recent Supplemental Assistance Nutrition Program (SNAP) statistics of the number of households receiving food stamps shows that 23,087,886 households participated in January 2013 - an increase of 889,154 families from January 2012 when the number of households totaled 22,188,732.

The most recent statistics from the United States Census Bureau-- from December 2012-- puts the number of households in the United States at 115,310,000. If you divide 115,310,000 by 23,087,866, that equals one out of every five households now receiving food stamps.

#9 Child Hunger In America

Those that work for the big banks on Wall Street may have no problems feeding their children, but overall there is a rapidly growing child hunger crisis in America today.  Just check out the following statistics from one of my previous articles...

*For the first time ever, more than a million public school students in the United States are homeless.  That number has risen by 57 percent since the 2006-2007 school year.

*In Miami, 45 percent of all children are living in poverty.

*In Cleveland, more than 50 percent of all children are living in poverty.

*According to a recently released report, 60 percent of all children in the city of Detroit are living in poverty.

#10 The Tremendous Suffering Of Hundreds Of Millions Of Desperately Poor People That We Never Hear About

There are billions of people around the globe that are deeply suffering but that do not have a voice.  We usually never hear about the desperate poverty that these people are living in, but that doesn't mean that they don't exist.  The following statistics that Stephen Lendman recently compiled should shock and alarm you...

At least 80% live on less than $10 a day. Over three billion people live on less than $2.50 a day. More than 80% live in countries where income disparity is increasing.

The poorest 40% of world population has 5% of global income. The bottom fifth has $1.5%. The top 20% has 75%.

According to UNICEF, 22,000 impoverished children die daily. They "die quietly in some of the poorest villages on earth, far removed from the scrutiny and the conscience of the world. Being meek and weak in life makes these dying multitudes even more invisible in death."

An estimated 28% of children in developing countries are underweight, malnourished and/or stunted.

How can so many people be living like that in a world with such wealth?

Sadly, things are going to get much worse.  The economic and financial systems of the world are rapidly breaking down, and in a few years these are going to look like "the good old days".

And a growing number of people are starting to realize the direction that things are headed.  For example, according to a survey that has just been released, 48 percent of all Americans believe that the best days of America are now behind us.

So what do you think?

Are our best days behind us, or are they still ahead of us?

Please feel free to post a comment with your thoughts below...

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  • Jim Fields

    The best days for this country are BEHIND us. I wouldn’t feel this way if I believed that anyone in WDC had a ounce of a clue. Everyone there has sold our Birthright for a Buck. It’s too late, batten down the hatches!

    • markthetruth

      Too Pessimistic ! If the world doesn’t end and your alive there is always a way to Survive but you need a will to survive ,only the weak will die. The preppers have the Will and Believe they will come out on top.

      the end…

      • smallergovnow

        Truth, on a long enough timeline everyone dies…

        • markthetruth

          Well, as far as Science goes ,,,, ” everything ” Living or Moving in the Universe will die at sometime . Even Non-Living natural thing will die(aka. a star).

          the end…

          • Squashpants

            Man(kind) is so consumed with itself, we think we will always be around. The truth is that we are just as expendable as our fellow creatures. There is nothing to say that our species will always be here. Nor that the planet would not be able to get along just fine without us. And it may just do that…

          • Captain Ron

            Funny thing about life… no one gets out alive.

        • Orange Jean

          I totally agree… I used to work with death data (about 15 yrs); and I always say “die once, from something”

    • Andromeda Star

      Been here 60 yrs and I agree- I see it all around me- govt taking more and more- freedoms being eroded!!

  • Syrin

    The common theme? Socialist or state run economies. Funny how the pattern always repeats itself, and the idiots we call liberals/no information voters volunteer for more of the same. What a shock to learn that our tyrannical gov’t has weaponized the IRS, phone tapped the press, let people die in Benghazi, militarized the police and DHS, and took over a sixth of the economy then destroyed it. Our founding fathers were 1000 fold smarter than today’s average voter, the same voter who mocks them, and they warned us the gov’t was a force to be feared. Anyone capable of walking and chewing gum at the same time could see this coming YEARS ago.

    • Rodster

      Amen !

    • markthetruth

      Wrong ! The human brain Cannot multitask it is not evolved for multitasking. It’s the people chewing gum that are Distracted from what’s going on. If your reading this you just missed something happening around you .

      the end…

    • Catalin

      Well, I couldn’t because I was TOO BUSY DOING DRUGS and wasting my brain away with people that I haven’t talked in years now because they were never my friends to begin with; the perfect example of “misery loves company”, that’s most of your “cool” friends, young people.

      But you know what? God is my friend, He showed me what my “friends” could not. He took me to a few websites, read a little here and there and most importantly, opened my heart to receive the awful truth; now I can see the plan and the plan is this:
      “- KILL EVERYONE!
      - What about those that are with us, you know, our allies?
      - What about them? Did they do their part?
      - Yes.
      - Kill them all and then shoot yourself!”
      This is what they have planned for a long time, this is what their father the devil is telling them to do, “…but first make them fear.”, for nothing is more wonderful to him than a shaking, cowering man begging for his life to the false god Satan.

      Praise Him, all His saints, for the fear of the Lord is the beginning of wisdom (Proverbs 9:10)!

    • BeenThere

      But wait, the USA is and always was anything but socialist and look at what a mess it is in

    • HOTCHICK

      All aboarrrrrrrrd! HA! HA! HA!HA!

    • Chris

      The USA is not a socialist country! It is a corporatist i.e fascist country. Money is being taken away from the people to line the pockets of the bankers and corporations. You could call that corporate socialism i suppose but i’d say nearer fascism.

      • Hammerstrike

        No, the US would be better off if it was just run by Corporations, they generally do not have any interest in where things are going today either.
        The cartel of banks that the federal reserve is.

        • Angry American

          Only if corporations were chartered and not protected by the laws bestowing personhood on an artificial entity.

          • Hammerstrike

            Corporation have none of the power of the federal reserve and cultural freudo-marxism.

            A Corporation can earn 200 millions in profits.
            A bank part of the fed can just print 500 billions in profit.

            Corporations can corrupte state officals.

            The central banks lends ALL the money which the western governements spend, taxes just goes into their pockets and gets lended to the governements.

            Buying votes and building a career around that means that there is a constant hunt for new revenues, especially as the population is becoming poorer.
            So corporations are the targets in the name of Social Justice, system is not.

        • Gay Veteran

          yeah, the same corporations that would engage in unlimited pollution if they could

          • Hammerstrike

            Now they do it in China instead of the US, how is that working exactly?

        • 1tinsoldier

          America IS a corporation. Look it up………

          • Hammerstrike

            Incorrect, private companies just doesn´t that survive long if they are as mismanaged as the US federal gov and fed reserve.

      • seth datta

        These guys invented communism and fascism. Its like the Eastasia and Oceania of 1984. Invent competition to keep the masses fighting each other, instead of hunting the real criminals down.

      • Angry American

        Chris, Socialism/Communism/Fascism/Statism/Corporatism/Oligarchy….what ever you want to call it….all have a common theme. They’re all the same. Power and wealth is concentrated in a ruling class. Among the rest of the population that is tolerated there is no personal responsibility. No personal motivation. No innovation. No freedom. The artificial constructs that are programmed into those prone to suggestion is simply to keep people arguing and fighting amongst themselves while ignoring those truly responsible. You yourself said “bankers and corporations”. Just exactly who are these “bankers and corporations”? You’ve been programmed to identify nameless, faceless groups, but not individuals. You see? There goes personal responsibility. Have you looked to see who the people are personally responsible for policies and decisions that led us here? There goes personal motivation.

        I’m not saying this to trash you or your comment, but you need to look deeper and make a list of those responsible and their families.

        When the war starts, make house calls and chop down their family trees.

        • HHH

          I agree. In Vietnam, communist party members own banks and factories.

      • Hammerstrike

        It is a bankster country.
        At least if industrial Corporations where running the show, there wouldn´t be decaying infrastructures and economic shizz.

    • Hammerstrike

      I want ur welf…. I want ur stuff…. gimme…. GIMMIE MOAR!!!

    • otter1111

      Right you are Syrin.

    • http://www.facebook.com/douglas.m.green.1 Douglas M. Green

      Excellent post. Socialist/crony capitalist failure. When 50% pay no federal income taxes, and you have to earn $65 k to make welfare pay less than working, while the median family income is $52 k, you know we’re headed to collapse at breakneck speed. For those who work and pay federal income taxes, they face higher taxes and more regulations. Unfortunately, I think we’re beyond the point where a majority can vote themselves other people’s money, so Hillary will likely win in ’16.

      • Retired and Vexed

        It takes considerably LESS to qualify for food stamps and other gov’t helps. I’m on social security retirement, and my wife is disabled. But we receive too much of *our money* back–about 50 dollars a day– to get assistance, so we live from day to day, for the most part.

        We paid into the pool for over 67 years between us, yet there are millions of people who paid in nothing, and get more than we, plus free housing, and free medical care. Something is dreadfully inequitable when the system works like that.

        • Angry American

          Retired, this pisses me off as well. Sadly, with this new crop of Democrat Voters In Waiting that this crowd of traitors want to give amnesty to will cut your income even further.

          I’m beginning to think acts of random violence against institutions and individuals promoting this crap is a good idea.

          • Andromeda Star

            The scary thing is a lot of people are talking revolt- wouldn’t surprise me if it happened!!!

      • jaxon64

        good point and in response to “retired and vexed” also I have another example of how the frugal, savers and hard workers are punished in comparison to the do nothing/have nothings. ( and I’m not lumping all who have nothing together as lazy or leaches–just a few facts)…
        When seniors become older and have no family to care for them, need extensive nursing care that family can’t provide or medical issues that require constant monitoring–well a skilled nursing facility, assisted living facility or skilled retirement community will be needed.
        Usually what happens is that people who have saved, own homes, have retirement accounts, bank accounts etc….these people essentially sign over their assets to cover their care. If they pass away before funds are used up then the family/estate will get the remainder.
        However if a man was a drunken letch, or a women with 5 babies from 5 different men and none of the kids will care for her, or someone who never held a job for more than a few weeks, or people who simply never put a nickel away in savings or never sacrificed to put money away ( and of course some who were born with disabilities or have had accidents that limited their ability to care for themselves)–they also get to stay at the nursing facility or retirement home–they just don’t have to pay and the facility bills the govt.
        Think about it again for a moment and let it sink in—same care for those who have worked their whole life and responsibly saved to pay for their retirement and then the same care, service and medical treatments for those who lived beyond their means, or as if there was no tomorrow and never sacrificed, did without, produced much or put away for their later years– the govt just pays for them–and in a nutshell, we pay for these people from a literal cradle to grave…..

        • Andromeda Star

          That is so wrong

      • Andromeda Star

        That us so grim Douglas

      • j6j6321

        Nobody should pay taxes. It’s legalized theft.

    • dontmakemelaugh

      …the founding fathers myth: “Don’t make me laugh!”… Brad Pit at Killing them softly

    • Gay Veteran

      as if conservative/no information voters are any better
      Democrats and Republicans are 2 sides of the same coin

    • teargarden20

      The COMMON THEME is luciferian banking cartel families control the world.

    • Hammerstrike

      Then why does the Democrat party have the richest backers?
      Don´t back up the liberal lie that the Republican Party is the party of the rich and that the dems are backing the little guy, the opposite is true!
      The real spending is over 15 times higher, real US debt is over 211 trillion (google it) and the european debt is prolly even larger.

  • Barterninja

    I enjoyed my childhood and I am currently working on skills so if I ever had kids, at least I can make it hopefully okay for them. I see the best days are behind us and there will be new best days… But not for a while with this government. Hence I am stacking phyzz, saving up to put down my student debt for when I get out of college to where it will easier for me to pay off as I expect no bail outs for students, and I am soon going to start my own food supply to add to the food supply my parents, aunt and uncle, and brother’s family has which is better than more people since we live out in the country, but not good enough for if everything goes downhill for long term. I also will be planting the rest of my seeds for this year(with the crazy winter, hard to plant stuff even down South) and look into ordering more heirloom seeds… Though, I will have to make sure I have no GMOs with Monsanto winning the patent case in supreme court.

    • Orange Jean

      I agree with you on the “crazy winter, hard to plant stuff even down South” comment. For reasons unknown, the seedlings I started in the house (mostly organic seeds too, and fresh for this year)… are failing to thrive. They germinated, grew to about 2″… and have stayed that wake for weeks now. These are tomatoes, peppers, chilis and eggplants… easy to raise from seeds.

      I also got NO germination for the new, fresh snap pea seeds a planted a few months ago and almost no germination for the lettuce.

      I live on a farm, which is not owned by me and they lease the farm out… the person who does grow things “sprays” with God knows what and I fear that’s finally creeped over to my garden somehow.

      Any ideas on this?? It is creeping me out!!

      • K

        Perhaps an idea or two. 1. Is the guy growing crops, using GMO seeds. If so he might be spraying Roundup. If he has been doing that for a few seasons, it has most likely spread. Nothing but GMO will survive in that stuff. 2. Something is eating at the roots, bugs or grubs. Perhaps sacrifice one or two plants, and take a close look at the root structure. A normal plant would have a decent amount of roots by now.

  • Murphy

    The good days are behind us. The American empire has become a paranoid, elitist, corrupt and immoral empire. Once people lose their jobs and livelihoods, they end up terrible, depressed and unable to make families. The rich can say they are OK but the rest of underemployed, unemployed and students who are looking for work will end up finding out the truth that the rich has deceived the masses.
    The prelude to another World War 3 occurred when planes hit the WTC and George Bush instigated the invasion of Iraq and Afghanistan. The masses were distracted with the revolution of social media, easy access mortgages and media. Until, 2008 came in and brought reality to many Americans and also worldwide.
    The government is pushing the masses to fight another war in the Middle East. Iran and Israel might be involved at loggerheads, and it isn’t a good thing to imagine since Nuclear warfare would be the outcome.
    History repeats itself, to my knowledge, Germany was in an economic depression after the Worldwide Great Depression of 1929. In 1930s a war started.

    In 2008-2009 the American stock market had a huge collapse.
    Maybe the global war might be coming in 2015-2018.

    • Andromeda Star

      Interesting

  • markthetruth

    LOOK UP !!! The Government is more worried about an “ASTEROID” Crashing to the earth !

    t
    – h
    — e

    – – e
    —- n
    —– d…

  • Rodster

    In my business dealing with customers i’m noticing a trend which is that they are realizing where we are headed and it’s a complete global collapse.

    • markthetruth

      The Business Motto !

      THE CUSTOMER IS ALWAYS RIGHT !

      the end…

      • http://www.facebook.com/sherri.l.morris Sherri Morris

        The customer isn’t always right, but the customer IS the customer. This is our stores new motto.

    • Squashpants

      There is a ray of hope, then. Not that we will avoid this collapse. But the more people will end up prepared for it. Just maybe.

  • markthetruth

    What about Brazil . they copied us and now they are suffering the consequences.

    the end

  • markthetruth

    What i see are people Driving on a Dangerous Road with a Cliff at the End, and they Have no Breaks.

    the end

  • DownWithLibs

    Anyone else fee like they went to bed one night and woke up in Crazy Town? Or is it just me?

    • markthetruth

      Welcome to the Twilight Zone .

      the end…

      • oh no you didnt

        YOU PARANOID PEOPLE… THERE IS NOTHING WRONG, ECONOMY IS GETTING BETTER AND EVERYTHING IS FINE… YOU CRAZIES

        • Andromeda Star

          How!? How is it better?? Unemployment hasn’t changed and more are collecting!!!

    • cateye

      The descent is most certainly picking up speed. We have been a slow swirl down the drain for years now and we are just about at the bottom. As Jim said just above, batten down the hatches. Prep like you only have a few weeks left to do so.

      • Makati1

        I don’t think we are even seeing the bottom yet. If you are an average American, you are using twice the energy of a European, 5 times the energy of the world average and 20 times the energy, per capita, of the Philippines, where I now live. Does that tell you how far away the ‘bottom’ really is?

        • Mryuri

          How long have you lived in the Philippines? Like it? Recommend it? Are you working or retired or unemployed? Tell us your story how you chose and ended up in the Phillipines.

        • Andromeda Star

          Energy is good!!

    • jokyjo

      That is the feeling I get everyday.

    • TX4Life

      Every morning I feel like I woke up in the sequel to the movie “Idiocracy”.

      • Jeremy

        Haha. I have felt this way a long time.

    • Jodi

      Yes, it feels like it happened really fast. Just in past few mos since Obama was reselected at prez things have really changed. Just look at all of the scandals unfolding.

    • Handog

      I feel like Im Mcmurphy on a fishing trip in
      One Flew Over The CooCoos Nest.

    • Orange Jean

      I’ve been feeling that way for years now… so NO, it’s not just you

    • http://khanneasunztu.wordpress.com/ KhanneaSuntzu

      All my life

    • Lois

      It’s like the federal government is at war with us or something. Why else would they keep assaulting us financially and culturally?

  • Stezie

    In the words of Mark Twain:

    “History does not repeat itself, but it does often rhyme.”

    Too true, I’m afraid.

    • markthetruth

      Those are not his words They are hearsay, what he did write though is :,

      “It is not worth while to try to keep
      history from repeating itself, for man’s character will always make the
      preventing of the repetitions impossible.”

      the end…

  • roonster

    “we all saw it coming but we still bought it”
    and somewhere in the white house there is a phone ringing and ringing…

  • jokyjo

    Actually, I think we have a few more good days ahead of us./sarc Bernanke will continue to prop up the market for as long as he possibly can and the masses will continue to follow blindly to their demise. The press will continue to bathe the Obama administration and our big government with praises and accolades. Our police state will continue to infringe on our rights and the masses will chant USA!, USA!, USA!.

    It just depends on who you ask. If you talk to someone who is still sleeping then yes, everything is great. If you talk to someone who is awake then no, we are screwed and you better prepare. And then there are those that are about half awake. They know that something is wrong but they just don’t think things will be that bad.

    There is no way this all ends well. With all of the corruption occurring in governments and big business worldwide we the people are in for a rough ride. It is all just a matter of when.

    • DownWithLibs

      I hate how the “police” handled the search for the Boston bomber, doing unlawful door-to-door searches…and they managed to come out looking like heroes. Unbelievable!!!

      • 007

        The real bad news is the police just think this tactic up on a whim. They had obviously practiced. The fact they could corden off 1,000,000 people and proceed with a search and destroy mission should scare everyone.

        • seth datta

          i loved the pictures of officers acting out their gi joe fantasies. anyone see pictures of the nyc raid where a swat officer had his tactical sight on backward?

      • markthetruth

        Can you Put your mind to picture what happened before Video camera’s and video phones came in to play what went on that we never
        witnessed and was gotten away with (aka. Rodney King) the officer’s would of never been caught.

        the end…

    • http://www.facebook.com/DirtyLapDog Cold Shot

      Yep

    • Andromeda Star

      Perfectly stated- the 3 groups- true!!

  • Paul

    Take this as an example: My uncle who is a very strong liberal when asked his opinion on Benghazi. He had absolutely no clue on what Benghazi even was. Sadly most people have no clue what is going on outside their little life circle. Things are about to get a whole lot worse and most of these people will be clueless when it does.

    • AFreeThinkingHuman

      The German citizenry, the gentiles or liberals, however you want to phrase it, had no clue in 1938 of what was going on behind the scenes in their country or around the world, or what would ensue in a years time, just like in 1944, the citizens of Hiroshima and Nagasaki had no clue what would happen to them either. Those who neglect history are doomed to repeat it.

    • JAH666

      You’re quite right, Paul. The majority of the US citizenry have no clue what is going on. Those of us that read the articles at this site, ZeroHedge and other like-minded sites are better informed. I don’t know about you, but I gave up trying to wake people that I know up to the ongoing collapse over two years ago.

      • Andromeda Star

        Yes they think we are crazy!!

    • Orange Jean

      What really surprises me about this too is… didn’t that ambassador happen to be gay? Aren’t the liberals supposedly all fired concerned about gays??? But they ignore this?

      • Andromeda Star

        Right?? I think that is why they raped him- so horrible:/

      • Andromeda Star

        But if you are a basketball player it is all good – Bo has your back then!!

  • jokyjo

    I have a question for those of you who are awake. Do you find it difficult to discuss the current situation of our country and the world with other people? Or do you find people receptive to discussions of the economic collapse?

    • http://www.facebook.com/people/Shmeggle-Marxist/100001597489122 Shmeggle Marxist

      unreceptive. they think I am joking, they don’t believe facts, they don’t think there will be any type of collapse, they think these things yet they don’t think

      • jokyjo

        I think a lot of people just haven’t taken the time to connect all the dots and see the seriousness of our current situation. I was asleep for a long time and I just kept feeling like something wasn’t right. Like how can we be 16 trillion dollars in debt and “no big deal”. Once I started doing some research and found blogs like this one, then I woke up and realized that were done.

    • Frank DidIt

      Very Hard to discuss. The other day I asked my neighbor lady, A single mom with 3 kids and a Bachelors degree if she would change anything in her life if she knew that in a year from now her 100k job would be gone and hyperinflation had set in and her cash/savings was worthless and no food available. Her reply was: you can’t deal with something until it happens. And that when it’s our time to go there is nothing we can do about it? Her son just got done with his chemo treatments to save his life. I just don’t get it. A person will subject their child to chemo and all its side effects to save their child’s life but won’t even store away an extra can of beans for just in case. I said to her, you voted for Obama didn’t you? Of course she replied…

    • DownWithLibs

      A mix. Some see it but want to continue denying. Some look at me like I have 2 heads.

    • Ayn Rand

      Sometimes. Some people really like to believe in the establishment lies, others are accepting of what I say, but do not truly understand it. Others understand and agree. I get more and more people understanding and agreeing, but they are outnumbered greatly by the sheep.

    • Johnny

      Your problem is you have no hope. Even if good news stared you in the face. You shun it. You are too brainwashed by the doom and gloomers. You don’t want to hear good news. Of ourselves you don’t believe good news anyway.

      • Ayn Rand

        YOUR BRAINWASHED! you call us brainwashed? Yeah right. I disagree with Michael sometimes. On the previous article I somewhat disagreed with him on closing those payday loans places down. I think for myself. I study history. I just use this site as information, and to argue with people like you.

      • Man

        Thank you for chiming in!
        Can I ask you a question?
        How much money did obama pay you and your 3,574 friends to be cyber warriors and troll these sites?

        • http://www.facebook.com/jon.hempstead Jon Hempstead

          He does have a point. It’s very easy to fall into the same brainwashing effect as corporate media. I at least recognize the ‘sheep’ as a part of society that helps to lift us all up in their own way. If 100% of the people were doom and gloomers, ‘prepping’ wouldn’t exist. It would already be pure chaos. And really, who wants that? Surely there is another way. Surely, there are some think tanks out there that have a better plan. Restoring liberty and a truely free market would be a great start. Do we really WANT it to collapse completely for a long length of time in order to achieve this? I’m partial to the intellectual revolution.

      • TX4Life

        Point out some good news for us to consider.

    • AS55423

      Yeah people don’t want to hear it normalcy bias comes to mind.

    • Jeremy

      Actually, I think they are pretty receptive. I live and work in China with a small group of westerners.

      I began warning people in the late 1990s about moral decay in America, that a generation like my parents generation could not lead a great nation. Of that group, older people agreed, my parents agreed, and most young people laughed at me.

      I warned about Obama and federal government while in college, and was able to swing about 30% of our graduating class away from belief in big government, socialism, corporatism, etc.

      Today I speak with the small pack of westerners and many of the Chinese about the global economic problems. For example, my lecture today was on the role of government manipulation and undisclosed danger of financial instruments in the 2008 global financial crash. I also speak on the un-mooring of the federal government from the US Constitution, massive growth of the administrative state, unemployment, economic policies ranging from state-run to free market capitalism, and the Founding Fathers. People listen. On Saturday one teacher asked me if I thought the creation of these economic problems was part of a larger plan.

      From my observation, people are waking up.

    • Orange Jean

      Very, very few people I can talk with about this. Mostly only older people, like myself (although certainly there are older liberals).

    • Andromeda Star

      It all depends- when I am with conservatives they are much more open- liberals no way they think I am crazy- but I am running into more and more preppers who come out and say so as soon as you bring it up!!

  • Johnny

    You people are Unreal. The greatest country in the world. You don’t see positives in anything. You all agree with the bad news info but the good news is fake to you. Glad I am not so gloomy. Even when things are tough one finds ways to persevere but instead it’s the end of the world to you. Blame this one. Cry. Bitch and complain. All you people do is focus on negative news. Never any of the positives. Never mind that more people employed. Home prices stabilizing. Record number of people in medical school. Low interest rates. Car manufacturing in usa rebounding. No major war going on. The usa is still the worlds biggest manufacturer. Google it. Even europe will eventually turn around in the right direction. The growing middle class tanks to emerging economies? I can go on and on with positives but I may depress you.

    • Tim

      Oh man. You’re hopeless.

      • Johnny

        You guys are hopeless. And yes more stocks that’s for sure. Keep crying losers. Sickos. Hoping for collapse. Ain’t happening. Gold under 1400 this week

        • Ayn Rand

          Paper gold, not physical. Physical gold will cost you an arm and a leg.
          Actually read Michael’s articles. You just might learn something.

          • Johnny

            What will gold do for you? People are waking up. Even in your worse case scenarios.

          • jokyjo

            Gold and silver will always be a medium of exchange when paper currency fails.

    • jokyjo

      You should go back to watching CNN and buy some stocks. Nothing to see here, just move along.

      • Johnny

        Keep buying your survival kits.

        • jokyjo

          I don’t need a kit to survive. I’m an Army Veteran who will be just fine. Thank you.

          • ian

            Ooooh. You were in the Army. I forgot. That instantly makes one a perfect human with no flaws. Give me a break.

        • http://www.facebook.com/people/Shmeggle-Marxist/100001597489122 Shmeggle Marxist

          tell us how the govt printing 85B/month to buy previous fiat currency debt is good, please tell us, we will listen

      • ian

        you should go back to watching Fox Newsand the idiots who swore at the beginning of the Obama admin ” to do anything to get obama out of office” even to the point of orchestrating and falsifying an economic collapse. Think long and hard about that one.

        • Ayn Rand

          Fox News is a bunch of establishment lies. I don’t watch that garbage. Of course they are orchestrating the collapse. They all are.

          • ian

            with a name like Ayn Rand, you should love FOx news. They love that woman.

          • Ayn Rand

            They do not follow her Ideals. They are fascists and totalitarian animals who are part of the false left right paradigm.

    • http://www.facebook.com/people/Shmeggle-Marxist/100001597489122 Shmeggle Marxist

      LMAO

    • DownWithLibs

      You will want to be sure and shut your eyes really tight as you burrow your head deeper into the sand. Trust me. ;-)

      • Johnny

        Been hearing this since 2007. You hide. I was never scared like you. Optimistic even in late 2007.

    • jsmith

      Well Johnny, of course all those people that still have jobs have no problems. You can still buy an 50″ LCD television and eat. But those who do not have a job will only be added to those getting food stamps. They got to eat you know, otherwise they will riot.

      The Fed keeps printing more Dollars and getting us deeper into debt as a cure for getting us out of debt. Now there’s a concept:
      Getting out of debt by getting further into debt!
      Anybody here tried that? Did it work?

      • Thompson

        Spend 2-5 years in college and go in $40,000+ debt to compete for a minimum wage job at Mc Donalds.

    • Ayn Rand

      I am now going to disprove most of your positives.

      Employment: If you check REAL statistics, the ACTUAL employment has stayed exactly the same for nearly 4 years.

      Home prices: fueled by banks and rich. Michael even had an article on it.

      Low interests are a bad thing. You can’t keep up with inflation in the banks anymore.

      War: The way Syria, Iran, and Israel are at it, we will be in another war soon.
      Anyone else care to join in?

      • Johnny

        So what if interest rates are what helps real estate. I think it’s jobs. More jobs created the better. Obama not a war monger like the bushes. Michael lies. He said gambling down and less home improvements. False. Google it.

        • Ayn Rand

          More people are employed? Yeah right. Load of BULL CRAP right there. As for real estate, the common man still has nothing. Real estate is a bad indicator with the way it bubbles and busts anyway. Sure Obama ain’t a warmonger, sending drones to go kill children and people at wedding parties. I tried googling it. Couldn’t find it. Post me a link.

        • TX4Life

          If the jobs being created pay significantly less than the jobs that were lost, are the newly employed better off, the same, or worse off than they were in their lives during their previous jobs? With interest rates so low, how well is the newly retired person doing who relies heavily on income from their savings? Real estate is stabilizing only because of low interest rates and the bankers are returning to their previous ways of handing out loans to high risk buyers that created the housing crash. The bankers can do this again because the bad debt is being removed from their books due to bailout from the taxpayer. Do you deny that more people are added to the food stamp and welfare roles each month? It’s these facts collectively that point to a seriously negative climate in the U.S.

        • goldminer

          Johnny. I don’t know where you are getting your info but it must be very dark up there.
          I live in Nevada .Over all Clark County (Las Vegas) revenues dropped 13% to $802 million in the January year over year comparison. Statewide, Nevada gaming revenue decreased 12.5% in January 2013 vs January 2012.
          Gaming Revenue has also dropped like a rock in Alantic city NJ. Down 10.5 % in March.
          IDN about home improvements. But I sure don’t have any money for any big remodel projects.

        • John

          This is hilarious! Google it? Since when do normal people just automatically assume that Googling something makes it a legitimate fact? Try researching actual news maybe? And when I say news, I’m not talking about the media in this country partnered with the government like CNN, Fox, MSNBC, ABC, CBS, or all of the major news papers.

          And Obama is not a war monger like the Bushes? I will be the first to admit that Bush and Cheney lied to the American public about Iraq and should have been tried for war crimes. On that same note, Obama took the U.S. and NATO into Libya in 2011 for absolutely NO reason whatsoever. Libya, which finally came out of its ‘pariah state’ and opened up to tourism and oil trade and Americans could finally travel there for vacation, was deliberately destroyed by Obama’s war mongering of military intervention supposedly to stop an armed conflict with Gaddafi’s government, even though it was confirmed by all of the intelligence communities in NATO that the rebel fighters were affiliated with al-Qaeda.

          So no, Obama is a war monger. He’s waged an illegal and undeclared war in Libya killing thousands of innocent civilians simply to privatize oil trade, just like what Bush did in Iraq and similarly, what Clinton did in 1999 in his illegal undeclared war on the Former Yugoslavia. And Clinton helped Islamic terrorists there as well.

          I mean at least Bush lied to Congress about Iraq and WMD’s… Obama didn’t even ask Congress or the UN Security Council for a war against Libya, he just held a press conference saying we’re going to war against Libya until Gaddafi is gone, in clear violation of the Constitution and the War Powers Act. Thanks, another country in the Middle East destabilized and overrun with terrorists.

          And now Obama has been spewing comments about going to war against Iran and Syria for well over a year. This isn’t war mongering in your opinion Johnny? Seriously, where have you been?

    • Scott

      Thanks for the laugh. And how about those record numbers on food stamps, employment participation at 1979 levels.

    • BonusGift

      To paraphrase Ayn Rand:

      “You can ignore reality, but you cannot ignore the consequences of ignoring reality”; and you are obviously in for a very large wake up call.

      Firstly, fewer people are employed (see, e.g., the employment ratio has declined), as well as more and more are part-time employed at lower real wages. Secondly, low interest rates are a symptom of a problem, not a good thing. The Fed continues to keep rates artificially low because otherwise the house of cards would fall, literally. Thirdly, “no major wars going on”; are you insane? The U.S. is now involved in about half a dozen wars (Afghanastan, Iraq, Syria, Libya, etc.) and supports or backs about 60 or 70 other countries and their conflicts or potential conflicts/wars (and, e.g., we have bases and/or agreements that would automatically involve us in potential wars in places like the island dispute between Japan and China, etc., etc.). Hardly the not getting involved in ‘foreign entanglements’ our founder fathers advised. About half of Europe is in full blown depression (Spain, Greece, Ireland, Portugal, Slovenia, soon to be France and Italy, etc.) and the rest is not an island of economic stability. The growing middle class in other places reflects the shrinking of the middle class in the U.S. (i.e., it is a kind of zero sum game that your overlords have subjected you to without your consent). In short, you are not just wrong on every item you listed, but scarily so; what should be termed delusional.

    • John

      I’d sure like to know what world you live on Johnny. How do you come up with the idea that more people are employed? Did you miss the headlines that over 100 million working age Americans do not even have a job, and this was confirmed by the U.S. Bureau of Labor Statistics? Do you even know how to read the unemployment figures? Do you know why the unemployment rate is declining? Its because money is running out to service people in this country that are legitimately unemployed and receiving benefits. In California, unemployment benefits have actually been reduced.

      So if you’re no longer receiving benefits and yet you still don’t have a job, you’re no longer counted in the real unemployment statistics. How can unemployment be 7.6% and yet over 100 million Americans don’t have a job? Its because they’re not counted for real unemployment. There are roughly 316 million people living in this country and yet if 100 million don’t have a job and receive no benefits then that leaves the real unemployment ratio at about 31.6%

      And then you say things in Europe will turn around? Yet people are rioting, killing themselves, abandoning their families, unemployment in some countries is higher than 30% and youth unemployment more than 60% and this is all confirmed by their corrupt government and you are actually trying to say its not true? You may as well be a Holocaust denier.

      And the US dollar as a reserve currency is not going to last forever. When this derivatives bubble bursts, there will not be enough money on the planet to bail out everyone. Russia, China, Brazil, South Africa and India are trying to get out of the US dollar and replace in with a basket of currencies in the BRICS Initiative. When that happens, the typical American way of life that we’ve been accustomed to since the end of World War II will come to an end.

      Johnny, unfortunately, you are one of the many Americans that can’t understand facts and you suffer from the normalcy bias. You want to believe that Obama will help you, and yet he’s no different than Bush, or any of the Republicans and Democrats in Congress. He’s just one small part of the huge problem.

    • seth datta

      grade a trolling

    • Gay Veteran

      “…The usa is still the worlds biggest manufacturer….”
      and how many people employed in manufacturing compared to 30 years ago?!?!?

    • Orange Jean

      And why, exactly, would you read a blog called Economic COLLAPSE and expect to find positive things on it?? Just wondering…

  • K

    I am sorry to say, the best times are behind us. You can not expect a Country to be great, if most of the population are living in their own little world. I have done what I can to prepare. I will leave the rest with the Lord.

  • ian

    Sorry to play the naysayer again, but just returned from Europe and i have family there. The economy is doing just fine over there and most of them have no clue what i am talking about when i mention ‘economic collapse’. Who to believe?

    • jokyjo

      It all depends on where in Europe you were. Some of the northern countries in Europe are doing ok. Just like here in the US, some states are doing better than others. The area where I live in Texas is doing ok but there are many parts of the US that are not ok. We have to look at the big picture to understand what is happening.

      My wife has family in Europe and they are struggling. The unemployment rate in the southern countries in Europe is 20+% in some countries like Greece and Spain. I’m sure if you went to some of these countries you would not see prosperity as you would see in other areas.

      The overall picture for the western economies is bleak at best. Even France and Germany have seen massive drops in car sales YoY which is a large part of their economies.

      The world will not collapse tomorrow, however, if we continue on the path we have laid before us it will collapse eventually. We must educate ourselves to what is occurring.

    • Johnny

      They are brainwashed to hope for Armageddon by Michael. He will be proven a fraud. His articles just like his new book. Fiction.

      • Ayn Rand

        How are his articles fiction? Convince me. SHOW ME THE FACTS!

      • http://www.facebook.com/people/Shmeggle-Marxist/100001597489122 Shmeggle Marxist

        yes, the USA economy is great, LOLOLOLOLOLOLOLOLOL. obamacare will save us $, LOLOLOLOLOLOLOLOL

      • 007

        Hey Johnny are you being paid by Obama or Bernanke? Just curious.

    • TX4Life

      During an interview, a serial killer said that you can kidnap a person in broad daylight because people don’t know or realize what they are witnessing. He said they can witness 2 people having an argument but it’s a natural tendency to assume the best and ignore it. Makes his job easy.

  • 2Gary2

    sorry conservatives corporations are in no way overtaxed.

    In the past 20 years corporate profits have quadrupled while the corporate tax % has dropped by 1/2.

    Tax corporations and redistribute the wealth.

    • http://www.facebook.com/people/Shmeggle-Marxist/100001597489122 Shmeggle Marxist

      how about liberal orgs like general electric.

      • 2Gary2

        yep tax them harder. They should know better.

    • Syrin

      Explain to us why we even need to be taxed GARY. The gov’t collects a little over half of what is spends and it just creates the rest. So why tax at all? Why not just create the whole shootin’ match?

      Guess what happens when you tax the corporations to the level you so stupidly desire? They move overseas, go bankrupt, or lay people off. Brilliant economic policy there Spanky.

      • 2Gary2

        corp paid a lot higher % of taxes and everything was fine way back when.

        The corp can move but we can also tariff the heck out of their crap products.

      • 2Gary2

        I forgot–If you have to even ask why we need to be taxed you will not be able to understand any answer you are given. You have already drawn your own conclusions and your “mind” is closed to any new information. When you judge something you are closed to new info.

        • Syrin

          Wow, you are too stupid to comprehend your own irony. I ask a VERY basic question, one you cannot answer, so you tell me that my mind is closed while being so closed minded you can’t even ATTEMPT to answer the question. Project much? Please, keep posting. It shows the shallowness of your intellectual pool.

          • 2Gary2

            if you have to ask the question you are not capable of understanding the answer. Just go back to listening to the tea bag nut ted nugent. That is your pace.

            What are you gonna do when Hilary is the next president? There is no repube who can beat her.

          • Squeenix

            Who’s Bad? You Syrin and Gary2 are Clowns!

        • Robert (qslv)

          2gary2:
          From 1783 to 1911 the Federal government was funded by tarriffs. No other tax was necessary. War debt and expanding government started a 100 year slide into tyranny and a 2 class population of the governors (rich) and the governed (slaves). The rich ARE the government. how can it tax itself? Answer!

      • Mryuri

        The higher taxed corps will either become inefficient and go bankrupt or pass on the costs to consumers in higher product costs. Either way, the consumer loses out.

        • Boo-urns

          So we just let them continue to utilize their tax loopholes and offshore tax havens to pay less tax (in terms of %) than the average citizen, and in some cases no tax at all?

          I’m not in favor of raising anyone’s tax rate. However, I am in favor of eliminating ALL loopholes and deductions. Simplify the tax code, devise a taxation scale that makes sense for all taxpayers private and corporate.

  • Colin

    I am reading Aristotle’s Politics, a work from Classical Antiquity. He wrote “…poverty produces factional conflict and crime.”

    Though people may criticize efforts made by the left to correct the imbalance in the past, I think it is prudent to acknowledge that they understood that poverty can imperil a country’s national security. I think we need to address poverty as a danger to this security, and work to alleviate its deleterious effects on our society. Poverty will never go, but we can lessen it.

    • 007

      By all means lets eliminate poverty by creating more public debt. I bet that will work if we just do it a little more.

  • Librado

    Things will, by one measure get worse…if you don’t make some radical changes right now, life will be much worse. Get real…get out of debt by whatever means you have to, get more food independent with intensive growing, get a few hens that will supply high quality protein, learn a marketable skill or product, make friends who are good natured and into a frugal life, ditch keeping up with the Jones. Love the people you are with. Your life will be richer than you can imagine.

    • TX4Life

      Words of wisdom.

    • Squashpants

      Excellent advice. My wife and I are doing just that!

  • dicky

    Wow you american people are really tapped!

    • Makati1

      As are also the Japanese, the Europeans and all of those who depend on the West for their financial existence.

    • Handog

      You mean screwed.

  • cannuck21

    Perhaps now is the time to take a moment an quietly say a prayer to whatever God you may follow and ask for his guidance and protection – for all people.

  • potlucky

    Look all I know is what I witness on a day to day basis. People seem to go through life in a daily sleep walking trance. Most don’t do their jobs well anymore, lack of hustle , lack of caring even the lack making sure they do it to do it RIGHT. We all just seem too go through the motions. We’ve turned into human Robots . Which seems to be what our Gov. wants ! Next thing you know they will be putting us against each other…The rich are running up the stock market: making the people that have been on sidelines , think we’re missing the boat? As soon as the sell us their stocks they’ve run up .. they’ll crash the market down on us. Taking all they can and never looking back! Buy PHYSICAL SILVER/GOLD. Stock up on extra food/water for you and your loved ones…Look it can’t hurt to be Prepared for anything! If anything does happen : At least you won’t be in panic mode, like everyone else will be….We could be on are own for anywhere from 3days to 3 months. First 72 hours Police/Fireman/ First responders will help whom they can. How long would you help other people ? If you know this is more than anyone expected. Won’t they go home and start looking for and helping their own, when they figure out things are really worse then they have even prepare for! I bet they both Police/Fire have a worst case plan for themselves in place.. SO I ASK : Why shouldn’t you/me an everyone else plan ahead…Just Think About It?

  • Ralfine

    #6 is just stupid statistics.

    power consumption grows by heating, cooling and production.

    January/February is chinese new year, so before the long holidays, there is frenzied production. and there is winter.

    In March not much happens, and there is no winter. In April is tradefair, so not much production either. production starts in may/june for christmas.

  • Blackhawk

    Michael, you’re advocating here on this website a slow economic collapse but I must say that a collapse is a quite rapidly moving event rather than a slow crumbling that we are witnessing now. I would be more inclined to say that we are in a transformation from a partially free society to a nightmarish Orwellian system.

    A total collapse in the true meaning of the word, although painful for most of us, may save the day on the long term, but this phenomenon of slow crumbling of liberties, freedom, wealth and specially mental health is only detrimental for all of “We the People”

    • WarriorClass III

      And it will not get any better until we get rid of this occupying government.

  • aliceinwonder

    But OweBombA will save us! He will replace the U.S. Constitution with sharia law asap and wipe out any pesky Chrsitians/Jews that refuse to convert and become slaves to “true” Muslims. And of course more wars will help. If someone has something you want, make them your enemy and take it. It will be interesting to see how quickly the U.S. implodes once the new banking system (BRICS) starts up in 2014 and dumps the U.S. dollar and trades only in the Yen (plus gold and silver). Amazingly, Australia has joined in that venture. So little time left, so many sheeple to wake…………

    • Boo-urns

      Why do so many people think that making up these stupid alternative names for Obama (who I despise BTW) makes them look smarter?

      Heads up: it makes you look like a 12-year-old. Not only that, it completely undermines whatever point you’re trying to make.

      • aliceinwonder

        Obama

        Owe mega taxes

        Bomb with endless wars

        While he disgraces himself quite well without any help from me, I personally could care less what you think about my rendition of his name. You sound like a troll to me.

        • Boo-urns

          Just makes you look like the retard.

          • jaded

            Then you should be spelling Charles Montgomery “Monty” Burns correct, Boo-urns.

          • aliceinwonder

            Boo-urns. What kind of name is Boo-urns? Kind of reminds me of OweBombA. You’re a troll. Total troll. Go eat more GMO troll food.

          • Orange Jean

            … you do have a point there!

        • Kascha K.

          When you think, do you actually end up seeing the smoke too, or just smelling it?

      • Kelly

        Good point!

  • http://www.facebook.com/bryan.neideffer Bryan Neideffer

    i see my last comment didn’t make it :-(

  • http://www.facebook.com/openyourmind Benjamin Stewart

    The best days are ahead. Before we reach the amazing wellness that mother earth can offer, humans need to learn that Love is the answer. Loving and giving is the answer. Earth gives us all that we need, the sun gives us all that we need. Life on earth is endless until the earth and sun die. We have developed intelligence but we are dumb. We have created answers but won’t use them. We rely 100% on financial instead of giving what we already have and receiving in return. The thing that we rely on will die, the human race will almost die and only then will we realise that we have the answers to endless prosperity and wealth, already inside us. Peace Love and Energy from the human mind

    • Handog

      One flew east, one flew west, one flew over the cuckoo’s nest . . .

    • Hammerstrike

      Hatred is the Emperor´s greatest gift to the human specie.

    • ian

      i agree.

    • La2

      I agree that love is the answer, but good luck convincing most people – especially those in charge. I believe there is much abundance in the world, but it is being controlled and hoarded.

  • NadePaulKuciGravMcKi

    golden country your face is so red..
    with all of your money your poor can be fed
    you strut around and you flirt with disaster
    never really carin’ just what comes after

  • JAH666

    Michael, I’m seeing more and more desperation and anxiety in the comments on your articles and on the articles I read at ZH and other sites. The fear growing in people that believe that things are getting worse world-wide and that the Central Bank created bubbles MUST eventually burst is reaching a fever-pitch. I was part of a thread on a financial site (not ZH) and the common theme was: “Come on, someone please pull the trigger and get it over with! I can’t stand the waiting any more!”

  • jrex918

    this pisses me off man! how is it that we live in such a tecnologically advanced society and yet we still got people living impoverished and poor lives! this is beyond absurd! we shouldnt even be living like this anymore with the amount of technology we have! the primitive way of life shouldnt be lived anymore! we are far more advanced than this! its time to completely leave the past behind us and move on to a society that is sustainable and ensures the well being of the human population, hence THE VENUS PROJECT!

    • Blackhawk

      Before jumping to any conclusions, take a deeper look at the Venus Project. Do not let yourself be deceived by the futuristic aspect and fancy technology.
      Everything comes with a price and usually the price we pay for our ignorance and superficiality is our freedom.
      Food for thought!

  • sharonsj

    The garment factory workers who died in Bangladesh earned $2 a day. That’s why manufacturers are moving out of China and going to places that are so poor that people will work for pennies–and that’s why the U.S. worker (and other countries) cannot compete.

    Our system needs a complete overhaul. Sorry to tell you right-wingers out there that Capitalism is failing us and there is no free market. If we had worker co-ops in the U.S., then manufacturers wouldn’t be moving away and they certainly wouldn’t pay their CEO 600 times what a regular worker earns.

    Until you wake up to the theft our our money and resources by corporations and politicians, the U.S. will continue to slide into third-worldom.

    • WhatWillYouDoWithoutFreedom

      Capitalism works just fine until gov decides on the winners and losers.
      Example to big to fail, tax laws that don’t affect everyone, gov
      subsidies like ethanol, wind power. When the market is in control it
      creates wealth and opportunity for all and because of that we are the
      most charitable nation in the world. You are right about sliding into a third-world status, but it is not from capitalism but a lack of it. The bottom line is it’s all by design.

  • piccadillybabe

    Michael: Good to hear you quote Stephen Lendman. He’s been around for a long time and is a truth seeker, calls it the way he sees it and is usually right on target. All the people on progressive radio have a lot to share about what is going on today. In order to be prepared for what is to come, people have to stop listening to mainstream media as most if not all of it is a bunch of crap meant for amusement and nothing else. We need to bury our partisan beliefs and realize all (the Washington crowd) of them are going to lead us astray as most if not all of what they have to offer are lies, deception and corruption.

  • Alan Vallis

    It’s blowing in the wind alright. In my part of the world Australia, who did well through the meltdown thanks to China, are also starting to go into economic decline. When that happens, we in New Zealand will be in danger of following right along.

  • WarriorClass III

    The US immigration policy is so liberal that immigrants are literally pouring into the country taking jobs from American workers or going on welfare. At a time when unemployment is at an all time high, “Conservative” Ted Cruz wants to expand legal immigration, most of who will vote Democrat once they get here. US tax policy and NAFTA have forced ever more companies to move from the US with the resulting job losses. We are betrayed by even the most “conservative tea party” politicians the minute they get into office. 99% of the economic problems in the US are caused by the Federal government.

    If there was ever time for a revolution in this country it is now!

    • Handog

      Agreed. It cannot be done by force though. The jack boots in Boston shows how prepared they are.

      I read an article that said the US can now call in Canadian troops to help squash any uprising and vise versa.

      • WarriorClass III

        There are 100 million gun owners in the US. In war, quantity has a quality all it’s own.

        • Handog

          You assume all gun owners are wiling to fight for their rights. Roughly 15% would.

          Since 1776 there has been growing pusification of men in America.

  • smallergovnow

    test

  • hvfpaints

    the problem with socialism is that sooner or later, you run out of other people’s money. We are there now.

    • La2

      Give me a break with this. Republicans helped out on this one. Corporations get welfare all the time. Corporate socialism. Everyone has their hand out for something. We all did this.

  • seth datta

    The US givernment. It is a socialist order owned by the monarchy and banking families/dynasties. They are the terr0r1sts and criminals of the world. They manipulate and control others’, act like God and wish to turn the planet into our prison.

  • http://www.facebook.com/thefulishbastid Jason Franks

    lol, it’s always some “ism”‘s fault, or those dumb liberal/conservative’s fault. Never our fault, or my fault.
    Not to say I’m any less guilty than anyone else…
    But, lets try something really crazy, like say, some personal responsibility, accept we aren’t the great and wonderful people we think we are, and maybe do something useful for a change.

    Just sayin…

  • Gay Veteran

    you do know that bacteria are evolving every single day because of their short life spans?

  • TX4Life

    Thank you for sharing this. This sort of thing is going on everywhere but we aren’t hearing about the smaller areas, just the largest cities with financial problems make the nightly news.

  • Fed Up!

    It’s hard being human isn’t it? Nobody wanted any of this awful stuff, but we’re here, it’s here and by just being alive we’re automatically responsible to varying degrees. You can’t win, even if you run off and live in a cave yoiu still have a level of guilt by default. You just cannot do anything right while you’re breathing!!

  • rat28

    What global collapse? DJ, S&P, DAX are hitting record high.. even Nikkei has climbed above 15,000, up by more than 70%. Bernanke is right , QE is the right solution.. Japan follow his recipe and today they forecasting a 2.9% growth (first time above 2 % in the last decade). Once the Germany govt come to their senses and print unlimited money, Euro zone economy will be booming in no time!

  • PanzerMeyer

    If 48 percent of of all Americans believe that the best days of America are now behind us – it didn’t stop them to vote for Obama for another 4 yrs. They got what they deserved!

    • La2

      Yes we did! Still, won’t vote for either party in the next election – they are ALL responsible for what we are seeing now. We are even responsible for what is going on now.

      • PanzerMeyer

        Totally agree with you that both parties are to blame. They just wear different outfits.

  • http://www.facebook.com/carolyn.helgesson Carolyn Helgesson

    Yes, I feel you are right. I have a friend who is 80 years old, I feel his life is valueable. He has no family that takes the time to check on him. I go over two or three times aweek, to clean and be company to him.
    It is sad, it does not take much to love and help others; even, if it is just in some small way.
    We cannot look the other way when people need our help. My prayer everyday, is to help someone in some way. We do live in the me generation. We should care. I cannot change what others will do, I can only change my self.
    Sad, the bible says a piece of bread will buy a bag of gold. No wonder gold at some point will be cankered.
    We have lost balance in our society. Not even the rich at some point are going to survive what is about to come on this planet. There will be three and half years of false peace at some point. While they are saying all is well peace and safety, then sudden destruction. Things are falling apart, while our government is saying peace and safety around the world. The rich won’t see it. until it is to late.

    • Robert (qslv)

      Bless you, Carol.

  • Zadok

    Whatever we want to call this elite group of people who control the world economy is irreverent. The systems of this world have intentionally been sabotaged to bring in a one world government.
    The reset button will have already been pushed before anybody realizes what has happened.
    Not only cash and the current monetary system we have today will be done away with but multitudes of lives will be lost as well .

  • Thompson

    Grow more food and make your own community currency…oh wait..both are under government regulation am i rite?

  • MW

    I believe we are going to experience times in America we have never seen before.I mean to the negative. However, it will “cleanse us from our filth” and on the other side perhaps, we can once again build on sound principles.

  • Robert (qslv)

    Let’s put aside the silly Socialism/Fascism argument. Which would you rather have? In Socialism, the government controls the Corporations. In Fascism, the Corporations control the Government. It really makes no difference to the People, who become slaves in both systems.
    In the U.S. today, we have the “best” of both systems, where the Government and the Corporations are co-equal partners in control. The people are expendable workers and drones, both on the losing side of the equation.

  • http://www.facebook.com/people/George-Wells/100003159286630 George Wells

    Africa
    for Africans, Asia for Asians, White Countries for Everybody
    Annihilation by Assimilation
    Every
    white country on earth is supposed to become multicultural and multiracial.
    EVERY white country is expected to end its own race and end its own culture. No
    one asks that of ANY non-white country.
    The
    Netherlands is more crowded than Japan, Belgium is more crowded than Taiwan,
    but nobody says Japan or Taiwan will solve the RACE problem by bringing in
    millions of third-worlders and assimilating and intermarrying with them.
    Everybody
    says the final solution to the RACE problem is for EVERY white country and ONLY
    white countries to bring in the third world and assimilate with them.
    Immigration,
    tolerance, and especially assimilation are being used against the white race.
    All
    this immigration and intermarriage is for EVERY white country and ONLY white
    countries.
    Anti-white
    is called anti-racist, but it leads to the disappearance of one race and only
    one race, the white race. The real aim of anti-racism is to wipe out the white
    race or make it a minority anywhere it exists.
    It is genocide.

    • Kascha K.

      Hey dumdum? You’re right. No non-White country is ever “asked” to become multicultural or multiracial. Asking someone something implies their answer makes a difference.
      Quit while you’re behind.

  • RealityBetraysUs

    So we are in am economic depression like the 1930″s but this time the government refuse to create any federal jobs programs to put people back to work,they refuse to isolate and protect American jobs and workers by continuing to support worthless Nafta and Cafta trade treaties, they have stuck their heads in the sand like the proverbial ostrich, and refuse to anything that would allow and promote job creation in this country both republicants and democants refuse to anything to create jobs in the USA.

  • RealityBetraysUs

    why is there no edit mode to correct online comments submitted?

  • Andromeda Star

    WAIT TILL AMNESTY HITS!!!!

  • http://www.facebook.com/timothy.samuel3 Timothy Samuel

    The bible say you can only choice one God, God or money. The world have chosen money and these are the results and like Michael say its only going to get worst. Satan rules this world so he is behind this bad money system. We the people must turn to God if we continue to turn to money things will only get worst because Satan the god of money. There is no logical reason for poverty, starvation and all the other things that come along with not having money. There are to few people with to much money and to many people with not enough money. Why in the world would we live in a system like this. Its evil, satanic and all the bad things that comes with loving money rather than loving God.

    • TheOvadox

      Timothy, the only problem with your argument is that the God, and for that matter the Satan you talk about do not exist. They’re characters in a book. Money is just a means of exchange and market capitalism is neither good or bad. If you live in a market system and have extra you money you can spend it on things that will bring about good or bring about evil. Our current economic system is very good at delivering what people are willing to pay for. Blaming it on Satan is a cop-out, an excuse so you don’t have to take any personal blame. If you see evil out there it’s because collectively we bought and paid for it ourselves. Money and markets will always be around so if you want to fight evil educate yourself before you go shopping.

      • orpickaname?

        And you know this how? Prove to me they don’t exist…provide a “link”.

  • Rogoraeck

    Our “free” western “democratic” society is a decaying corpse, in the last stage of putrefaction!

  • http://khanneasunztu.wordpress.com/ KhanneaSuntzu

    The end result will be positively lethal for the 1%

  • carol.geiger

    Yea folks, like it or not but we are in the End Times of the society as we know. Some are saved some are going through even worse times as we are now. It unfolds as Jesus said in Matt. 24 about the signs of the end of the age. Laugh or not, you got only the rest of your life……….Think about it.

  • windship

    “Sometimes you’re the windshield, sometimes you’re the bug….”

    The Keeling Curve is still going up up up. We just can’t stop setting fire to everything, even if we’re broke. We are so far into planetary overshoot now I don’t know how any politician or economist can keep a straight face.

  • A Mosley

    Anyone who still believes America will survive this collapse has been strongly misguided. At this point, that’s just wishful thinking.

  • http://twitter.com/javoten Javi

    I think your best days are behind you, as our best days (of EU) are behind us… The time of America and Europe is over. Now we are just part of History books.

  • Sorcha The Dark Eyed Elf

    Number 10 does not seem that bad. 2.50 can buy a lot more in some countries than it possibly can here.

  • DavisGarvey

    Interesting read here, especially the “squatters” story in Spain. Wonder how many of these interlopers are actually N African Muslim intent on recapturing Spain.

  • Syrin 2

    Everything will be OK if you Lowly Gary people would take a job. Slave up your taxes to your Holy Masonic Government!

  • La2

    I think our (America) best days are behind us. We used to hoard all the best for ourselves – we lived well while others around-the-globe lived poorly. Now the elite have figured out how to hoard the best even from the US. They used to need the US – not anymore. Sad part is we let them do it while we were all sleepwalking. So many things I know I would have done differently. God help us all. Good luck.

  • Refrax

    D**n you all, I TOLD you so……..

  • Harry Berry

    I’ve been sending out the Economic disaster. Nobody listened. I told people to prepare. Nobody listened. I told about the economic depression. Nobody listened. Our household is operating on $500 a month for food. I told people to get ready. Still nobody listened. What to do. Get out of the stock market immediately, buy food and ammo before it is illegal to do so. Learn improvised weaponry and other survival skills and pray.

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