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20 Early Warning Signs That We Are Approaching A Global Economic Meltdown

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Earth From SpaceHave you been paying attention to what has been happening in Argentina, Venezuela, Brazil, Ukraine, Turkey and China?  If you are like most Americans, you have not been.  Most Americans don’t seem to really care too much about what is happening in the rest of the world, but they should.  In major cities all over the globe right now, there is looting, violence, shortages of basic supplies, and runs on the banks.  We are not at a “global crisis” stage yet, but things are getting worse with each passing day.  For a while, I have felt that 2014 would turn out to be a major “turning point” for the global economy, and so far that is exactly what it is turning out to be.  The following are 20 early warning signs that we are rapidly approaching a global economic meltdown…

#1 The looting, violence and economic chaos that is happening in Argentina right now is a perfect example of what can happen when you print too much money

For Dominga Kanaza, it wasn’t just the soaring inflation or the weeklong blackouts or even the looting that frayed her nerves.

It was all of them combined.

At one point last month, the 37-year-old shop owner refused to open the metal shutters protecting her corner grocery in downtown Buenos Aires more than a few inches — just enough to sell soda to passersby on a sweltering summer day.

#2 The value of the Argentine Peso is absolutely collapsing.

#3 Widespread shortages, looting and accelerating inflation are also causing huge problems in Venezuela

Economic mismanagement in Venezuela has reached such a level that it risks inciting a violent popular reaction. Venezuela is experiencing declining export revenues, accelerating inflation and widespread shortages of basic consumer goods. At the same time, the Maduro administration has foreclosed peaceful options for Venezuelans to bring about a change in its current policies.

President Maduro, who came to power in a highly-contested election last April, has reacted to the economic crisis with interventionist and increasingly authoritarian measures. His recent orders to slash prices of goods sold in private businesses resulted in episodes of looting, which suggests a latent potential for violence. He has put the armed forces on the street to enforce his economic decrees, exposing them to popular discontent.

#4 In a stunning decision, the Venezuelan government has just announced that it has devalued the Bolivar by more than 40 percent.

#5 Brazilian stocks declined sharply on Thursday.  There is a tremendous amount of concern that the economic meltdown that is happening in Argentina is going to spill over into Brazil.

#6 Ukraine is rapidly coming apart at the seams

A tense ceasefire was announced in Kiev on the fifth day of violence, with radical protesters and riot police holding their position. Opposition leaders are negotiating with the government, but doubts remain that they will be able to stop the rioters.

#7 It appears that a bank run has begun in China

As China’s CNR reports, depositors in some of Yancheng City’s largest farmers’ co-operative mutual fund societies (“banks”) have been unable to withdraw “hundreds of millions” in deposits in the last few weeks. “Everyone wants to borrow and no one wants to save,” warned one ‘salesperson’, “and loan repayments are difficult to recover.” There is “no money” and the doors are locked.

#8 Art Cashin of UBS is warning that credit markets in China “may be broken“.  For much more on this, please see my recent article entitled “The $23 Trillion Credit Bubble In China Is Starting To Collapse – Global Financial Crisis Next?

#9 News that China’s manufacturing sector is contracting shook up financial markets on Thursday…

Wall Street was rattled by a key reading on China’s manufacturing which dropped below the key 50 level in January, according to HSBC. A reading below 50 on the HSBC flash manufacturing PMI suggests economic contraction.

#10 Japanese stocks experienced their biggest drop in 7 months on Thursday.

#11 The value of the Turkish Lira is absolutely collapsing.

#12 The unemployment rate in France has risen for 9 quarters in a row and recently soared to a new 16 year high.

#13 In Italy, the unemployment rate has soared to a brand new all-time record high of 12.7 percent.

#14 The unemployment rate in Spain is sitting at an all-time record high of 26.7 percent.

#15 This year, the Baltic Dry Index experienced the largest two week post-holiday decline that we have ever seen.

#16 Chipmaker Intel recently announced that it plans to eliminate 5,000 jobs over the coming year.

#17 CNBC is reporting that U.S. retailers just experienced “the worst holiday season since 2008“.

#18 A recent CNBC article stated that U.S. consumers should expect a “tsunami” of store closings in the retail industry…

Get ready for the next era in retail—one that will be characterized by far fewer shops and smaller stores.

On Tuesday, Sears said that it will shutter its flagship store in downtown Chicago in April. It’s the latest of about 300 store closures in the U.S. that Sears has made since 2010. The news follows announcements earlier this month of multiple store closings from major department stores J.C. Penney and Macy’s.

Further signs of cuts in the industry came Wednesday, when Target said that it will eliminate 475 jobs worldwide, including some at its Minnesota headquarters, and not fill 700 empty positions.

#19 The U.S. Congress is facing another deadline to raise the debt ceiling in February.

#20 The Dow fell by more than 170 points on Thursday.  It is becoming increasingly likely that “the peak of the market” is now in the rear view mirror.

And I have not even mentioned the extreme drought that has caused the U.S. cattle herd to drop to a 61 year low or the nuclear radiation from Fukushima that is washing up on the west coast.

In light of everything above, is there anyone out there that still wants to claim that “everything is going to be okay” for the global economy?

Sadly, most Americans are not even aware of most of these things.

All over the country today, the number one news headline is about Justin Bieber.  The mainstream media is absolutely obsessed with celebrity scandals, and so is a very large percentage of the U.S. population.

A great economic storm is rapidly approaching, and most people don’t even seem to notice the storm clouds that are gathering on the horizon.

In the end, perhaps we will get what we deserve as a nation.

  • A Dodgy Bloke

    In regards to the last part of your article, any dimwit still paying attention to the MSN, is not only part of the problem, but deserves the bad things that are going to happen to them. I think we are out of time, or real close.

    • Bad Kitty Cat

      I partially disagree… we should not believe MSM, but rather keep an eye open to what they are saying, as well as other sources, and think for ourselves! Of course, I think the “thinking” part is what you are getting at…

  • chris

    I am experiencing the same problem with the sheeple up here in Canada- they don’t care about what is happening outside their little bubble. I went for a walk today and everybody was talking about Bieber’s arrest. WHO CARES!! But this is the way the powers that be want them to behave– easier to control. Can’t have them thinking now, can we.
    Hot money is leaving South America, therefore a collapse is in order for those countries. China has the power to bring the global economy to a standstill; and I will not be surprised if they start liquidating their T-bills.
    I also predict that the Fed will un-taper sometime during the middle of the year.
    2014 is shaping up to be a hell of a year.

    • Bullwinkle

      Chris, as a Cdn, I certainly concur. I have been arguing with my mainstream fin advisor who while very good, is certainly spouting the mainstream financial community line. I am sure he shakes his head as I start transferring assets to physical PMs. And now our loonie is winning the race to the bottom, based on the “strength” of the US economy ?!

      • Chris

        Bullwinkle- people like you and I are a rarity up here in Canada. Canadian’s are financially illiterate. They think because they have a million dollar house that they the best thing since sliced bread. “Strength of the US economy” HA! Don’t make me laugh. Every time somebody tells me that I ask them, “If the US economy is so strong, why not end QE?” No answer and a blank stare. The loonie still has a long way to go, my friend. When the housing bubble pops, the loonie will take another dive. I have transferred my wealth as well into gold (don’t forget to add some jewelry), silver and copper. I’ve also started accumulating some miners that I think will payoff handsomely. I am also starting to short the TSX; I just don’t see any upside left.
        Harper said he was going to change Canada, and by golly he has passed with flying colors on that promise.

        • JustTheFactx

          Obongo is changing the US too… at least Harper has a birth certificate and is not a muslim.

        • MrsBulldoggy .

          “Canadian’s are financially illiterate.”
          Um, so are most Americans. I am an American and to converse with an average American regarding politics, the economy, money and finance is a joke. The same “deer in headlights” look is down here as well. Personally, I don’t even think most people care as long as they have their television and the latest, mindless gossip. Scary, in my book.

  • erheault

    as in all things including life it is a cycle and all things end so we are entering the decline of the world power and sadly have not learned a thing about handling our selves or handling a great Nation. But cheer up soon another cycle will start what part we will play in it is not known but it will be interesting to watch.

    • Rodster

      That’s what Davos 2014 is for so don’t think it’s all peaches and ice cream if this whole thing collapses. TPTB want more control and wealth over the world.

  • Rodster

    I know i’m beating the proverbial dead horse but this is what you get with Central Planning and Central Banking. Thomas Jefferson tried to warn us of this but we did not listen. This same scenario is benign applied the world over.

    • Mondobeyondo

      Yes! Keep on spanking Secretariat!

      (boy, do I need some humor right now)

      • davidmpark

        Here ya go: did you hear about the guy who ran naked through the church? They caught him by the organ. (rim shot)

        • Mondobeyondo

          That’s good! Thanks!

          • davidmpark

            Here’s another: An older woman asleep upstairs hears a burglar in her downstairs living room. She, being a religious woman, shouts downstairs the scripture “Acts 2:38!” (which reads: “Then Peter said unto them, Repent, and be baptized every one of you in the name of Jesus Christ for the remission of sins, and ye shall receive the gift of the Holy Ghost.”)

            The burglar dropped his crowbar and shouted upstairs, “Call the police – I give up!”

            When the police come and arrest him, the officer in charge was so inspired by the woman’s account and the burglar’s actions that he had to talk to thief. “I am very inspired. She shouted out a scripture reference, and you had a great change of heart!”

            “What!?” said the burglar. “She shouted she had an axe and two .38’s!”

    • seth datta

      Its worse than you think. The NSA doesn’t spy on Congress – it threatens them (and many citizens too). They threaten Congress with torture and use advanced military grade technology to project audio 24/7 to selected targets. This is what Aaron Alexis (navy yard shooter) was alluding to when he wrote ‘my ELF weapon’. The banker-run NSA can now use 24/7 audio projection to remotely torture people and brainwash/hypnotise them, in a rudimentary form of ‘mind control’.

      • Karie

        and what is this technology called?

        • JustTheFactx

          Barry Manilow recordings?

      • Nicnak

        It s called Netflix….

  • goldminer

    So the economy is going down the crapper!
    Hey! Sum stupid star got arrested for DUI and the super bowl is next weekend. I got more important things to worry about than some chicken little predictions of a global economic collapse.
    As long as I have my big screen TV. Everything is OK! Or so I am told…………….

    • she didn’t know i was a midget

      It’s insane how many people think like this. Something has to give, or everything for that matter.

    • Mondobeyondo

      Seattle Seahawks 28, Denver Broncos 13 in the Super Bowl.

      • Bernie

        That’s all that matters.

  • K

    I think we know all these things and more are coming here. Add to this the weather extremes, the propane shortage, and yes I believe they caused it to up the price. I have lived in my current location for over a decade. Yet two weeks ago my well froze for the first time. Now again tonight it will probably freeze yet again for a longer time. In so many ways it is getting harder, week by week. Yet most people do not even see that anything is changing. Lord willing, I will get through these things, as I have gotten through so many times before. For this is a time of trial. However it goes, may the Lord be with all of you.

    • Kim

      It seems that folks intuitively know something is wrong, broken, unhinged. That’s why people have gone bat-sh*t crazy. We live in critical times and folks experience these critical hardships daily, but they don’t know why it’s happening. People are angry and desperate, looking for someone to blame. But this whole system is crooked.

      K, what do u do when your well freezes? How do u get water? Today a tree fell on our neighbors house. It’s been windy and dry for so long, with no relief in sight.

      • Glenn54321

        A tree fell on your neighbors house. That made it onto your “indications something is wrong/broken/unhinged list?”

        Maybe a tree just fell over and that’s all it means. A tree fell over.

        • Kim


        • Ch0mpUoff

          That’s cute. Troll.


            If the opposite of being a troll here is believing in lunatic connections between unconnected and meaningless events, then troll it is I suppose. Anyway, why waste time commenting — Don’t you have a falling sky to hide from?


        Just checking in Kim — has the global economy collapsed yet?

    • MeMadMax

      Ukraine can not be included in this. It is an engineered takeover just like we have seen in the middle east, especially syria, get ready for a war in ukraine…

      • GSOB

        Money talks

      • KaD

        And it’s not an ‘engineered takeover/collapse’ in the US?

    • tom

      Home heating oil on Long Island, NY is over $4.20/gallon right now. Inventories are low too

      • Gregge K Johnson

        $4.89 a gallon in Minnesota ,and we are rationed to 200 gallons. And it’s minus -35 below.

        • davidmpark

          Ah man! You doing okay?

        • KatRos

          research alternative ways of heating. Find out about rocket stoves. I also saw a post about someone heating a room with 4 candles and clay pots. Try to help others to stay warm, too.

        • Glenn54321

          if it’s minus-minus 35 (below zero?)… that makes it +67? Nice! Grab some shorts, You don’t need any oil!

        • DoNotWorry

          I sold my propane tank last year and made a solar heater in a west window. I now have two. I cut my heating bill. It is like an upended solar oven. No tech. A piece of aluminum covered bubble wrap creates about 100 degrees of heat. One inch at bottom pulls in cold air, 24 inches of aluminum heats it, 4 inches at top lets out heated air. I now have oil radiator for backup. It works.

      • Jim Davis

        That sounds bad but being in Florida, I don’t know anything about home heating oil. How many gallons will you use this month?

    • Mondobeyondo

      Best of luck to you, K. We’ll pull through this.

      • Glenn54321

        Don’t worry. K is just upset that a tree fell over. It happens. She’ll get over the memories some day.

    • peace angel

      For the past two decades since Global Warming became a “thing” I have listened to some weather scientists from different countries around the world on Michael Reagan’s radio show who ALL were saying that by 2016-2020 that the entire continent north of Kansas will be under 14 foot of ice.

      They never changed their prediction over the whole two decades that we were moving into an ice age. AND they agreed that we would experience global warming for these two decades leading up to this mini-ice age.

      Not sure how burying the globe north of Kansas under ice is a mini ice age, but because I have followed these guys it has looked very much each and every year like they are right. THEY said we would see rivers dry up and a huge drought before the mold, rain, snow and ice come.

      THIS is a time of great trial. I just had to listen to a bazillion more lies from the mouth of our POTUS but I don’t think GOD can help us now. America is over.

      • webding

        no, God MAY not help us now. God CAN do anything. HE has left us to our free will. and we’ve been a bunch of pains.

    • Silverman

      Put a heat lamp or 60 -100 watt light bulb in your well and cover the well head with straw hay insulation or blanket with tarps. Leave your taps trickling a bit and you should be good to go. Compact fluorescent doesn’t work. Stupid bastards that abolished regular lamps want us to freeze in the dark.

      • Avril111

        My Uncle James recently got a new black Mazda MAZDASPEED3
        Hatchback by working at home online. you can try here B­u­z­z­3­2­.­ℂ­o­m

        • GSOB


  • Covington

    And the fracking boom going on in many parts of the US? Does this not count for a more robust economy not to mention all the truck driving jobs available going unfilled.

    • Kim

      Fracking boom? Hardly. With a 5:1 return on investment, I’d hardly call that a boom. And the steep depletion rates on these wells make what is called “cluster drills” necessary. Six, seven, sometimes 12 drills are necessary for a single fracking operation. Drilling a well for fracking is super expensive. Fracking is not economically viable. It’s not even legal in many Texas counties anymore, it’s not legal in Massachusetts, and many other states will soon proscribe fracking because of the extreme environmental hazard.

    • Citizen X19

      The fracking “boom” is a joke. The muddy booted hillybillys show up in pickup trucks with TX and OK plates, destroy the countryside putting up their giant erector sets–and go onto the next site. There is no long term employment going–just short term construction. They rape the countryside, poison your water in the process, and move on to the next site to repeat the process.

      • Kim

        So true. It’s a very temporary boom for small towns at best, but the devistation it leaves behind – these towns would have been better off if these fracking companies never existed. Are the even recovering any tight oil at all? The production cost is enormous. I read that some fracking companies are eyeing central California. The terraine is difficult and some of these tight oil wells lie along fault lines. Geniuses. It’ll never happen.

  • Mondobeyondo

    Yes, we’re in trouble!
    Right here in River City!
    With a capital T, and that rhymes with G,
    And that stands for…
    Good Lord, help us all..

  • Mondobeyondo

    Just in case you want to dismiss my posts as just missives from a crazy lunatic in the desert…

    No, you’re wrong. I do live in the desert. But. I’m telling the truth.

  • Mondobeyondo

    Off topic once again –
    But – you’re not being told the truth.

    Google “Animals on Mars”. Go ahead, do it. I dare you
    You will be intrigued, to say the least.

    You are not being told the truth.

    • Mondobeyondo

      Triple dog dare me? I quadruple dog dare you. Prove me wrong.

  • Tim

    And we’ve only begun to the see negative effects of Obamacare. It’s going to get much, much worse.

    • Jeffrey B Rosenstein

      much much much, much much worse. Millions more shoved into part time 100 million to lose employer coverage Rates up 300% Doctors herewill demand cash up frot and you pay dif of what ACA pays and Docs charge

    • Syrin

      Our group of 70+ MDs grew 26% last year and LOST $2 million as a group, and this year things are forecasted to be be far worse. We employee 500+ people, but by the end of this year, that number will be closer to 400 with everyone working harder. I will be shocked if the group decides to pay for health care next year as the employer mandate kicks in. Taxes went up across the board, and GARY has yet to figure out that’s a financial disincentive and may cost more people their jobs. EVERY physician group I know is cutting across the board. I know of at least a half dozen MD groups in my specialty that are 5-8 MDs in size that will likely not be able to stay afloat by the end of this year.

      The gov’t nationalized a sixth of the economy then destroyed it. A sixth of the largest economy the world has ever seen vaporized. Quality and access are going to drop precipitously. Wait times for some specialties will be measured in months, and the number of MDs still practicing medicine will be cut dramatically. That’s only the beginning. As bad you think it might be, it will be substantially worse. That’s what happens when the no information parasite class is allowed to vote for more blood from the host.

      • Rodster

        The left doesn’t care because it’s always about the means to the end. It doesn’t matter to them if more people are hurt by their ideology. To them it’s a religion. Look at all those Obamacare supporters who were shocked when their rates went up or their coverage was dropped. They cried foul because it was supposed to only affect the greedy. They were now lumped in with the rich and the greedy.

        • Bernie

          I believe Karl Marx talked about this….
          I believe the term was “useful idiots.”

      • alan

        My friend is bailing out too. He said good luck with your new Pakistani doctor.

      • sharonsj

        You don’t explain how you expanded yet lost money. Aren’t the health insurance companies paying their bills? Are most people unable to pay the difference or just don’t come in because they can’t pay at all? And are those taxes state and/or federal? The only federal tax hikes were on the wealthy, but the states (who have to have balanced budgets) are raising taxes on everything.

      • DoNotWorry

        Perhaps physicians and drug companies ars a parasite. They certainly cause as much harm as they fix; however, what they do best is milk their patients. Want healthy citizens? Stop toxins.

    • Rodster

      Greg Hunter had quite a bit to say on the effects of Obamacare on his Weekly News Wrap up.

      “Obama Care is in big trouble, and it might take down some big insurance companies. Moody’s is downgrading the outlook for the health insurance industry because of Obama Care.”

      • Rob W

        Hmm. The main problem with the health care system is the insuance industry. Obamacare won’t fix it because the insurance companies wrote the ACA. It won’t bother me to see the insurance industry circle the bowl…

        • Rodster

          And the insurance companies were borne from Govt bureaucracy. There sole existence is to deal with Govt billing and red tape and to be an interface between the Govt and the Doctor.

          • Rob W

            I’ve had medical insurance for decades, and I can’t ever remember seeing the govt billing anything for anything. The bills went from the provider to the ins. co., with a copy mailed to me. ???

          • Rodster

            They handle the billing in the sense that they dictate what they will and won’t pay for which the federal govt dictates. They act as the middleman for the US Govt. That’s what I meant by they handle the billing.

            The federal govt thanks to their bureaucracy created an industry and villain all rolled into one. So in essence they keep bashing the monster they helped create.

          • Rob W

            “They handle the billing in the sense that they dictate what they will and won’t pay for which the federal govt dictates.” – Rodster
            What does this mean?
            How did the fed gov’t create the insurance industry, again?

          • Rodster

            The Insurance Industry came about because it was easier for doctors to do what doctors are supposed to do, take care of the sick. If the insurance industry did not exist they would have had to deal directly with a federal govt agency which would have handled that.

            So that’s where the insurance industry comes in. It’s the middle man between the doctors and the govt and the patient and the govt.

            If we go to single payer which this was the plan all along, the insurance industry would be eliminated.

          • DoNotWorry

            Prior to insurance companies, doctors dealt directly with their patients. They were not wealthy. With the advent of insurance, doctors got rich bilking insurance. Government had zero to do with that. Faux news tell you it was Obamacare?

          • k

            Thats what those big insurance companies want you to believe…that everything is only the govt’s fault.

            Infact its the fault of both.

          • Rodster

            I don’t take sides with either of them. The medical system is broke. My point is the Govt was the catalyst for the problems we see today.

          • k

            How was it the ‘catalyst’?

          • Rodster

            The Govt red tape and bureaucracy wrt healthcare i.e. medicare and medicaid required an intermediary to deal with all the Govt rules regulations and what the Govt would pay and not pay it’s beneficiaries. That’s where insurance companies come in.

          • k

            Medicaid and medicare rules exist to prevent everybody from exploiting them and for the benefits go to only those target. Granted the aid/benefits also leak out others who dont deserve it, but it is stil better to have some rules which ensure as much as possible they reach the right persons.

            And insurance companies also exist in countries where there is no such thing like medicare and medicare. So saying they only came into existence because of that, isnt accurate.

          • kkk

            excuse the spelling errors 🙂

            The comment box is too small.

          • Gay Veteran

            the entire medical field is exempt from anti-monopoly laws, THAT is the problem (see Karl Denninger)

          • DoNotWorry

            Insurance companies were born from the slough of get rich quick schemes. Doctors’ sense of entitlement to great wealth was born from the slough of defrauding insurance companies and patients. Let them go down.

  • Westcoastliberal

    Have any of you noticed that in our current setting EVERYTHING is a CRISIS? And we keep electing the same people since they’re doing such a great job!

    • Douglas M. Green

      That’s what happens when the road that the can has been kicked down comes to an end. One crisis after another. I agree with the poster above about 2015. IMO there will be more widespread recognition that there was no recovery this year, but the collapse picks up steam next year.

    • Malcolm Reynolds

      That’s used to manipulate the plebs. And it works. every.single.time.

    • John

      We are given no choice. The Globalist Bankers control both candidates in every election. Unless the American people wake up and vote for someone not anointed by the Bankers we are doomed.

      • MrJones

        One way I’m fighting back is cashing in dollars for hard assets. Even cashed in my 401k and paid the 30% fine. Figure better to pay 30% now then loose 100% later. Bitcoin is a nice alternative to the dollar too.

  • Rodster

    There is a noter risk and that is growing tensions between China and Japan which could lead to war.

    CNN’s website got hacked and basically said “that China dumped all US Bonds because a continued military threat in S. China. It was bogus and CNN fixed it but it just goes to show how volatile things are today.

    • Malcolm Reynolds

      That, on top of the stories Mike has talked about with the Chinese farmer co-op banks failing and the coming ‘mega default’ should make your backside pucker like a snare drum. Totally scary stuff.

  • 2Gary2

    Another one bites the dust! ha ha ha ha

    Dinesh D’Souza, a
    conservative commentator and best-selling author, has been indicted
    by a federal grand jury for arranging excessive campaign
    contributions to a candidate for the U.S. Senate. According to an
    indictment made public on Thursday in federal court in Manhattan,
    D’Souza around August 2012 reimbursed people who he had directed to
    contribute $20,000 to the candidate’s campaign.

    • tuna fish

      doesn’t sound as bad as kennedy who killed a woman

    • tuna fish

      obama’s GPA in college was 2.01. prove me wrong, give us a link to his transcript

    • tuna fish

      keep trying, maybe one day you will “get” someone who we have heard of, bwahahaaaaaaaaaaaaaaaaaaaaaaaaaaaa.

      I’ve heard of kennedy, he “only” killed a woman

      • davidmpark

        One that we know of. Wouldn’t be surprised if there was more.

    • tuna fish

      your wife left you because she realized you were an effeminate little humanoid.

      • Vlad Lenin

        Humanoid, really? That’s too nice. How about cockroach.

    • tuna fish

      can you help us understand how obamacare will not destroy the economy? is it simply because your god obama says so?

      • 2Gary2

        we really need single payer like all other first world countries.

        Obama care was designed to fail so we can get single payer. There are no cost controls on purpose.

        • Syrin

          Let’s all get a good laugh and see why you think a single payer system fixes ANYTHING. Explain to us step by step. The only justification you give is that we should be like other bankrupt socialist nations which LITERALLY pay MDs to kill the elderly. You libs just love killing kids and the old. Do you know what price fixing in any industry does? I love how you libs think monopolies are bad unless it’s a gov’t monopoly which is the worst kind history has ever seen. Please enlighten the world to how your “mind” works.

          • davidmpark

            And they also love killing the disabled; let’s not forget.

          • Malcolm Reynolds

            Every time Gary comes around, you can just smell the leftist hero George Bernard Shaw all over him.

            “ I don’t want to punish anybody, but there are an extraordinary number of people who I might want to kill…I think it would be a good thing to make everybody come before a properly appointed board just as he might come before the income tax commissioner and say every 5 years or every 7 years…just put them there and say , ‘Sir or madam will you be kind enough to justify your existence…if you’re not producing as much as you consume or perhaps a little bit more then clearly we cannot use the big organization of our society for the purpose of keeping you alive. Because your life does not benefit us and it can’t be of very much use to yourself.”

          • davidmpark

            See, this is one of two reasons I pound the Left. The other has to do with the scars and internal damage on my God-given body.

            They go for the severely disabled. That is lowest of low. People who can’t defend themselves, people who are just as human, just as awesome as the rest of us. People who deserve our empathy and protection; and Mr. Shaw would gladly, maybe even with giddiness, pass a death sentence upon them. At this point, I don’t care what his motive was – he advocated for their murder; and many worldwide, even in the US, carried it out.

            The disabled were the first victims of every holocaust. If one comes here again, I will lay down my life if necessary to defend my precious wife. That is my honor and privilege. Of course, I’ve made arrangements for the kids; just in case.

            Mal, keep it up. Love your posts!

          • 2Gary2

            gov people can be voted out. Corporations can not be.

          • tuna fish

            hi retard

        • tuna fish

          you are truly mentally ill

    • tuna fish

      how many maig’s have been arrested? is the count at 28?

    • ItIsWell

      What’s the point your trying to make? If their in politics than they are likely currupt. The point of this article is aimed toward the global economic disasters created by past and present world leaders including Obama and Bush. If your trying to take aim at general conservatives than you have failed. I think it would be wise to stick to the subject as your comments are laughable.

    • Spook89

      Must be drafty living in your mom’s basement, except when she comes downstairs to use the clothes dryer.

    • davidmpark

      Innocent ’til PROVEN guilty. An indictment anywhere in New York State has little validity now, seeing as the Governor down to the dog catcher are not obeying the law anymore – only their will’s and passions.

      Additionally, you really need to learn how to type, Gary. Cut-and-paste without sourcing is plagiarism. Who did you steal this one from?

  • K

    Kim for some reason, I seem to be unable to respond to you directly. The answer to what I do when my wello freezes. I keep about 1 hundred gallons of water in storage. For toilet flushing and such, I melt snow. That is what I meant when I said we will see if my preps are any good or not.

  • davidmpark

    Well, that’s it. Not really much else to say.

    Fun while it lasted.

    Oh well, this collapse/reset will be interesting. Too bad, though. This civilization could’ve been saved earlier on, but no.

    God be with you.

    • jaded

      We’re all DEVO.

  • El Pollo de Oro

    One need only read the history books to know that widespread economic suffering leads to major bloodbaths. This global depression is shaping up to be much worse than the 1930s, so it stands to reason that World War III will be much bloodier than the two previous world wars.

    Welcome to The Greatest Depression.

    Welcome to World War III.

    Welcome to hell.

    • tom

      The Fourth Turning rolls on….

      • El Pollo de Oro

        Tom: Indeed it does. I remember all the Great Depression horror stories Abuelita told me when I was growing up, but at least we had a strong manufacturing base in the ’30s. Now, the only thing The Banana Republic of America manufactures is bubbles.

        • Sher

          We also had more people able to take care of themselves as so many at that time were on the farm or ranch. That has changed to our detriment. Now, they control most of our food production!

      • JustanOguy

        Highly suggested reading… Came across that back in 2006 and planned accordingly.

        Keeping up with the Financial markets? I no longer care or really need to except for entertainment purposes and acting accordingly.

        No debt and minimal expenses will change your life.

        On the flip side, There’s still a ton of waste going on in the U.S. so it’s not going to get really bad for awhile.

      • Mondobeyondo

        Indeed it does.

    • Reid

      Good day, I would Like to add that the coming WOrld WAR 3 is also planned. So much as the 2 previous wars were. insight on this can be found on Mason planning world wars to have a one world government under thier “god” (the devil).

    • king and slave

      There’s no recovering from this one. All is vanity.

    • Lee Nerf

      @ Chicken of Gold: If one can give a start date to this all, the threashold was 9/11/01.
      We know the inception was much earlier. The Snow Ball is growing and gaining momentum.

  • DJohn1

    The problem is Keynesian Economics simply does not work. And every country mentioned is using this formula for economic success. They are all spending more than they bring in. They are all printing money with nothing to back it up.
    It works for a little while. Then you have a boom. The bubble bursts. Then you have a depression until the governments produce more money and more inflation as more and more money chases fewer and fewer goods.
    The only thing that works in the long run is a form of economics based on real goods having value in real money. But then you cannot cheat.
    The other thing is flooding markets with incredibly cheap retail goods. The problem being the money always goes out of the country instead of circulating in the country. That is India. That is China. The temptation is to buy those goods rather than local goods which cannot compete with the price.
    Then the local jobs disappear and the depression begins. This is economic warfare. And governments and people fall for it. In theory, it will all equal out. In practice, you end up with no jobs and no economy.
    The only way the government can protect itself is to disallow these goods into the economy. To protect jobs of the people under their control. It means telling business that if you do this you cannot do business here.
    It is called protecting the people that pay your salary and pay taxes in your country. In the greed of both government and business, everyone has forgotten these basics. Now they are going to pay the piper for the tune they have wrought.

    • k

      ….and more and more people chasing fewer and fewer jobs.

    • MrJones

      This isn’t Keynesian Economics, not even close. Keynesian Economics is about printing money to give directly to labor. Keynesian Economics create the CCC, it built damns, created our national parks, went to teachers and schools to educate the young. Keynesian Economics created demand. This round of money printing is going directly to the central banks, wall street and the 1%, and those that are connected. Don’t confuse the two.

      • Malcolm Reynolds

        That’s an incredibly lopsided view of Keynesianism.
        Where’s your description that the debt doesn’t matter, the massive spending, the govt control thru public policy over private businesses, control over business cycles, and the concepts of ‘excessive savings’.
        And all of that most definitely describes today and Keynesianism.

      • Oldphartbsa

        Did you ever actually ‘study’ economics, or are you just parroting what you’ve been taught by propaganda?

        • DoNotWorry

          No room for personal attacks. If you have information, set it down.

          • Oldphartbsa

            My information would fill books.
            But I’m not inclined to spend a couple months writing it down for you.
            My question was if the commentor had ever actually had any education in economics, in any form. I suggest Henry Hazlet’s Economics in One Lesson to everyone.

    • Mondobeyondo

      I prefer the Ludwig von Mises economic model myself. But that’s just me.

    • Tom

      Very well stated. It makes perfect sense.

    • DoNotWorry

      No. The people will pay the piper.

  • Man Alive

    The only mistake we can make is not to cooperate when it all falls down. Our corporate masters have conditioned us to believe in an economic model based on hedonism and self-love. After it crashes, the dog eat dog attitude will no longer be the primary paradigm but will give way to social well being for all. Let love rule.

    • don’t shoot, i’m a man

      Social concern is what we need, indeed.

    • Drud

      Absolutely, Man. We need a change in values. I read a pithy quote the other day, can’t remember who by, but it went something like this: “We do work that we detest, to earn money we don’t want, to buy things we don’t need, to impress people we don’t like.” Sad commentary on American life. But most people are simply good. I really believe that and I see it everyday. We have just been brainwashed over decades to believe in what advertising tells us life is all about. Time and energy/work are the things that really drive a sound economy and love, laughter, passion, friendship and creativity are what really drive a happy life. We just need to remember that and I believe that we will, it is just the transition phase that will be very painful for us all.

  • BlackDog

    I’d bet those 475 employees Target is shedding in Mpls are their network and security weenies — nice job, fellas! — and the 700 unfilled positions are from as-yet unopened additional target stores.
    The sign of the times that I’ve noticed is the overall anger in my fellow citizens. Everybody is on edge, irritated, angry, enraged — and the violence is just seething below the surface.

    • xander cross

      I noticed this as well. A lot of penned up frustration with people lately. Especially those who think that they’re “entitled” to everything for free.

  • Liberty One

    A wise old economist professor( who lived in Germany under Hitlerr) once told our class in 1969..”If you learn nothing from this class, remember this….ANY COUNTRY THAT CONSISTENTLY IMPORTS MORE THAN IT EXPORTS, is eventually doomed”. We have become a nation of selfish consumers( 70% of our GDP is based on it), we manufacture squat. The chickens have come home to roost!

    • JustanOguy

      The U.S. mainly imports garbage that’s not needed and has a surplus of exporting goods (Agriculture/Food) that is needed.

      In other words, the countries thriving off of exporting garbage are going to feel it first when it eventually does end.

      Think about what you really need and live life / plan accordingly.

      • MrsBulldoggy .

        My husband and I only purchase an item if we can afford to pay cash for it. NO credit cards, all have been cut up.

  • ism

    Capitalism starting to collapse. Too many billionaires, too many rich parasites.

    Beginning of the end…

    • El Pollo de Oro

      “This isn’t capitalism. In capitalism, no one is too big to fail. This is fascism, the merger of state and corporate power.”—Gerald Celente

    • Drud

      Our economic system is not capitalism and has not been for decades. Every time anyone makes such a statement they are propagating the lie. “If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” -Paul Joseph Goebbels

  • Mondobeyondo

    Ladies and gentlemen, fasten your seat belts. Major turbulence ahead… it’s going to be a bumpy ride.

  • Priszilla

    #21 My tablet always crashes when i visit this site.

  • Priszilla

    what happens in china, stays in china.
    the rmb isnt traded all over the world.
    you wont be able to buy shares in the savings cooperative in ny. if it goes bust, no pension fund outside of china is affected.

    this uncontrolled borrowing is still a result of the credit crunch of the asia crisis in 1997. banks tightened their grop and were ordererd by the government to keep more and more reserves. people needing money got it wherever they could.

  • Priszilla

    just read in a german forum

    america going bad? so what? cant remember having anything at home that says made in usa.
    if they spend all their money on guns and missiles, they shouldnt be surprised when it is gone some day.

    • Anonymous

      Germans are saying that? I think Germany should look in the mirror. Perhaps my History is rusty, but didn’t Germany start WW1 and WW2, and they are talking about America spending money on the military? Also, I have heard some reports that say 1 in 5 Americans have German heritage. Perhaps that explains America’s appetite for military?

      • dadelaw

        No, actually, they didn’t. Great Britain started both.

      • Priszilla

        Because of that history Germany didn’t send troops to Iraq.

        The adventures of the German army in Afghanistan and Africa are not very well received in the population.

        To add to your hearsay: Some hundred years ago, the Duke of Hesse sold German soldiers to England to fight against America.
        Look for Hessian in wikipedia.

      • jonno

        Incorrect. England started both world wars by declaring war on Germany.
        The USA only entered WW2 after Pearl Harbour was bombed. Europe had been fighting for years before America entered the fray. Jewish interests had been trying to start WW2 for years and there were LESS than 6 million jews in Europe at that time so the ^ mill killed by Germany is a myth as are most of everything the world believes.

  • Priszilla

    just watched the news

    economic recovery in uk and us.

  • Alan

    Things I would watch for here in the US to let you know things are about to get nasty..
    Major changes in 401k’s.
    Bank bail ins..
    States needing bail outs.
    Another war distraction…
    Major changes in the top leadership of the military.
    Most of whats reported in the media is just noise, look out another boogieman under your bed non sense. Mean while the major problems are not covered. Stock up, be ready and stay safe!

  • klgmac

    Capitalism and free markets create prosperity.

    • Malcolm Reynolds

      Shhh, you’ll scare a leftist to death.
      Or else they’ll see the words ‘free markets’ and ask where he can some.

  • AJD

    The Fundamentals are terrible, no denying it – I personally don’t think that the USA/World is going to hell in a cart, I think there will be major problems but not devastation as many are expecting – I fully understand the options, I too have also researched. So far what we have seen around the world are the typical traits found in Deflationary Depressions of which happen at regular intervals in time. I’d be completely shocked if the stock markets plunged massively past the March 2009 Lows – I know on paper they should be flat-lining, but the stock market does not do logic – a decent fall this year is expected, but I can only assess it week by week.

  • Selaretus

    Michael, I truly appreciate your blog; a clearing house of meaningful and honest data, unlike the financial media presstitutes who are always hyping Oboob’s ‘recovery.’ I also closely follow Dr. Paul Craig Roberts and James Kunstler. Thank you!

    • El Pollo de Oro

      Dr. Paul Craig Roberts is an excellent source of information, as are Gerald Celente, Alex Jones, Justin Raimondo and Max Keiser.

      “When you offshore so many middle class, high-productivity, high-value-added jobs, you are essentially giving away your own gross domestic product. You’re giving away your tax base, and you are also giving away the consumer economy because people no longer have the incomes to support a consumption-driven economy. At the same time, you are launching all these multi-trillion-dollar wars and have no way to finance them.” —Dr. Paul Craig Roberts

      • xander cross

        So, who exactly are sending the jobs to china in the first place? Crag Roberts worked for the Reagan Administration band is known as the co-founder of “reaganomics” so he is guilty as well.

  • justsayin

    The cost of basics such as food. water, energy, housing continue to rise steadily and consume more and more of family budgets. So less money for “stuff/entertainment” which is what the US economy is buit on….consumerism. More people laid off more store closings more people on unemployment. The U.S. will reach a tipping point ….when is the question but when it happens things will change radically and quickly.

  • Malcolm Reynolds

    ” The comments on zerohedge are usually trashy and not worth reading ”
    Yikes, ain’t that the truth. It usually seems to start with the boobs that have this slavish devotion to bitcoin too.
    I learned everything I need to know about bitcoin reading an article that was pro-bitcoin and then in the very last sentences admitted, yea there have been problems with selling bitcoins and there’s no guarantee that your bitcoins haven’t been sold more than once.

    • ItIsWell

      I skip the bitcoin articles. Just another worthless currency 🙂

  • Tim

    Is the Federal Reserve really tapering? The 10-year yield is down to 2.76%. That’s more than 30 basis points lower than its recent high of 3.06%. Nothing makes sense anymore. Every market is rigged. I’m sick of it.

  • Not paying taxes

    That’s the point indeed: the sheeple will get what they deserve.
    We will all suffer in a collapse, but we will be better prepared than 99% of the sheeple.

  • Jodi

    Enough of Justin Bieber he is a has been. Even the Drudge was picking up the story yesterday as his main headline. Don’t get me wrong, I love the Drudge but I can’t understand it when there are much worse things going on out there.

    Back to reality, keep electing the same people over & over again, this is what we get. Buckle up & be prepared for anything.

    • king and slave

      What is the Drudge?

  • El Pollo de Oro

    “Those made-in-China American flags will be flying again because when all else fails, the politicians take you to war.”—Gerald Celente

    • davidmpark

      Celente’s right! I think we’ll sew our own.

      • El Pollo de Oro

        Another good source of information is Justin Raimondo’s, which is the libertarian/paleoconservative site that neocons love to hate. Dr. Paul Craig Roberts and Patrick Buchanan are both contributors.

  • Karen

    Along with all of this China and Japan aren’t to happy with each other, and the WEATHER!!! Nothing like I have seen I live in Northern Florida it’s been wild, I’m 61 years old and have not seen it like this, I feel bad for folks up north. If summer is like winter heat wise, whew!!! The heat index here last summer was 11 off the chart. My daughters garden was fried!!!! And this is why all the surveillance from NSA is about it is not about your privacy it’s about up coming violence food skyrocketing water shortages. Science is saying a mini ice age I rather agree on that one. There was a mini ice age in 1600 crops froze in the ground, ships could not dock with supplies. And this H1N1 is spreading like wild fire. I seen an article where beef is going to skyrocket and dairy foods. People need to go back to the land grow your own food can food raise your own meat and eggs live with nature.

    • alyce

      So. Calif here, weirdest I’ve ever seen. It’s summer every day, I know sounds nice. But’s it’s confusing, it’s January.

  • k

    1)Online sales should also be included in the statistic about retail sales, as they are retail too but done online.

    2) There are thousands of co-ops in china, not all of them are not as connected to each other so as to drag each other down. So even if one fails it doesnt mean the entIre banking industry is in danger. Co-ops fail periodically in developing countries.

    ‘Bank run’ is a very big word and should not be used lightly.

    4) And huge one day drops in stock markets arent a big deal…they happen all the time everywhere. It usually happens when they are reacting to some temporary event. Only if the drop continues for several days…is it indicative of a ‘meltdown’.

    The rest of the points…i agree….are indicative of a slowdown!

  • Karen

    Sorry on my post I talked about the heat index my bad I meant the UV rays where 11.

  • Brazil Researcher

    “#5 Brazilian stocks declined sharply on Thursday. There is a tremendous amount of concern that the economic meltdown that is happening in Argentina is going to spill over into Brazil.”

    For the uneducated monkies who even claim to be educated there in the United States who want to overhype the end of the world because of “TAPERING QE”, should travel more: The ghosts of the economic meltdown in Argentina, 2001, has to do with it’s failed neo-liberal (crony capitalism) economics and did not spilled to Brazil which is a far more protected regulated nation with a warchest of billions in Reserve. The concern is again from ignorants who don’t do their homework but quack with pleasure the fear of it’s the end of the world..out of their mouth. So what stocks declined sharply, the majority of the stocks on the Bovespa are Brazilian companies who are internationally active while the domestic brazilian companies are growing but complain about lack of qualified workers and must have to look for overseas. Brazil’s inflation 5.97% (still lower than official CPI number in El estados Onidos = USA) is caused by not investing enough in infrastructure and not enough qualified workers. Wages are going up because the people who are qualified demand higher salaries (which make sense).

    The black outs in Argentina are caused by money junkies who refuse to invest more and demand more “free gifts” from it’s corrupt friends in the Argentine Government. It is the people who are paying for this, and continue to pay for this so long they keep arguing about the fake left vs right (peron) nonsensical theory. Sounds familiar for you clowns there in the US????No? Go back to sleep.
    The so called riots in the Ukraine is not economical but pure ochestrated by the so called west, whatever that is, who needs more victims in their ponzi scheme. Ukraine government says no, which is good for the people.
    The real crisis is in the US and EU that are fading away and QE really stops (which won’t, because it will be the end of the big US and EU zombie banks), it will affect the rest, but eventually will move on while the US will continue to sink, unless they allow the zombie banks just

  • blackciti_fo5

    Our government is corrupt because our society is corrupt. Our society is corrupt because our government is corrupt. When Justin Bieber becomes headline news more than more serious matters across the world then you know the inevitable is about to happen. America is doomed. Come Lord Jesus.

  • Tim

    I agree with you about the comments on ZH.

  • brtanner

    “In the end, perhaps we will get what we deserve as a nation.” – Michael, I truly value the information you share, but I don’t think this moralizing is helping. One prominent strain of spiritual philosophy would hold that we ALWAYS get “what we deserve.” Life is always waiting patiently by to give us the experiences we need to get our attention, and we always ignore it at our peril. Doesn’t even the bible say the Lord said “judgement is mine?”

  • Son of Light

    And my company just laid six off from my team an hour ago… number will increase from other teams.

  • Bubba Johnson

    Keep your ammo dry, if you have any. Good Luck

  • Trailer Park Investor

    Been seeing this sign all my life, I use to joke about it and even make fun of these sign toting bums, but NOW I finally believe them.
    The End Is Near, Prepare for the END!

    • Mondobeyondo

      Or just listen to “The End” by The Doors.

  • Delio

    You forgot to mention this is all caused by the zionist/jfreemason bankers. Yes, the ones that control Israel and the west. The ones you clearly defended last week. Hypocrate….be a man a say the truth.

    • xander cross

      You know that he will defend anything that Israel does.

  • zip

    The Hot Air that has sustained the bubble since the 1960’s was perpetrated by a generation which is no longer in charge of anything vital. The Smoke and Mirrors just ain’t doing it anymore. Watch for a series of distractions in every media. They produce excitement: Sports, distorted depictions of reality [media], and baseless enthusiasm to sustain purposeless practices. These are the Roman Spectacles which kept the citizenry absorbed. Adjust accordingly.

    • Joe Shmo

      Oh, and don’t forget to legalize marijuana! Even the prez says it’s no worse than alcohol! And it keeps the sheeple even more docile. Win/Win!

  • okiefrommuskogee

    One point #6, the link to the video about Ukraine shows something very disturbing. If you are short on time go to about 7:20 (the video is about 16 minutes long). Shows riot police beating one of the protestors. Sadly I realize one day that will come to the cities here.

  • Mondobeyondo

    If North Korea can put a man on the sun, surely we should be able to fix our economic issues…

  • JustanOguy

    When millions of people are dying in the streets of 3rd world countries because they don’t have food, then you can start to worry.

    For now.. Americans are still spending a ton of money on junk and still throwing away tons of food.

  • Armel

    #15 on that list is quite chilling and forboding….thank you for the article!

  • today now

    Maybe. If the dow drops 10,000 points over a 2 month period then I will get nervous. 200 points in nothing.

    • Tuco_the_Ugly

      *318 points
      Fixed that for you.
      And it’s only been a day since that drop. Anything could happen over the course of the coming weeks compadre. Who’s to say that it’s done dropping?

  • Commander Z

    The cause of all you bitch and moan about is JEWS and Israel. Those who do not name the enemy by name are either Jews or their suckups.

  • dewey olsen

    End-time “Egypt”—A Superpower in

    by Avraham
    Gileadi Ph.D.

    Isaiah’s use of types of ancient world
    powers that foreshadow end-time ones extends to the great superpower Egypt.
    As with all nations and persons who appear in the Book of Isaiah, their true
    identity emerges when we observe how Isaiah characterizes them, not
    when we apply historical or archaeological data, though at times that may
    help. In searching the world today for a nation that matches Isaiah’s
    description of “Egypt,” the sole candidate is America. That connection is
    further strengthened by the fact that God’s people anciently dwelt in Egypt,
    that Joseph ruled Egypt, and that the birthright tribe of Ephraim sprang from
    Joseph and Asenath, an Egyptian woman.

    Isaiah’s “Egypt,” however, is a
    superpower in decline: “The ministers of Zoan have been foolish, the
    officials of Noph deluded; the heads of state have led Egypt astray. Jehovah
    has permeated them with a spirit of confusion; they have misled Egypt in all
    that it does, causing it to stagger like a drunkard into his vomit. . . .
    Manufacturers of combed linen and weavers of fine fabrics will be dismayed.
    The textile workers will know despair, and all who work for wages suffer
    distress. . . . I will stir up the Egyptians against the Egyptians; they will
    fight brother against brother and neighbor against neighbor, city against
    city and state against state” (Isaiah 19:2,

  • dewey olsen

    The Struggle within America—Isaiah
    Saw It All!

    by Avraham
    Gileadi Ph.D.

    Many regard
    Isaiah’s prophecy as a sealed book. Who does it address, only people in the
    past? A key to this mystery exists in the linear and synchronous structures
    that govern the Book of Isaiah. These enable us to read it as a prophecy
    about the past but also as a prediction of the future. The Book of Isaiah, in
    other words, serves a twofold purpose. Without taking anything away from what
    happened in the past, it uses the past as an allegory of the future. In that
    case, persons and nations of Isaiah’s day typify ones who perform similar
    roles at the end of the world. The names of past persons and nations function
    as codenames for their endtime counterparts.

    The importance of understanding Isaiah’s
    message increases daily as world events line up like planets for the
    fulfillment of his prophecy. Under the codename “Egypt”—the great superpower
    of Isaiah’s day—America is predicted to suffer spiritual decline, political
    ineptitude, economic collapse, internal anarchy, and invasion by a foreign
    military world power from the North—a latter-day “Assyria.” On the other
    hand, a community of covenanters in “Egypt” will turn back to Jehovah, who
    will send them a savior and deliver them. In the end, at the commencement of
    the millennial age, America will again become “my people”—a covenant people
    of God (Isaiah 19).

    5. 20. 2010

    • Mondobeyondo

      Prophecies in the Bible are coded, and they have a duality to them. They were meant for the people of the prophet’s day (for example, ancient Israel, etc) – and for far in the future (for example, 2014).

      • Mondobeyondo

        A side note: Much of today’s popular music also has a duality to it. That’s why, when you’re, say, tripping out on LSD or whatever, the song that was jibberish starts to make sense. “Lucy in the Sky with Diamonds” is famous for that. “Lucy” is an allegory for Lucifer. “Diamonds” refer to Lucifer’s former archangel status. Why do you think Rihanna sings about “diamonds in the sky”?!!

        • GSOB

          Revelation has no less than a 130 separate references to Ezekiel.

          The first half of both books leads up to the destruction of the earthly Jerusalem; in the second, they describe a new and holy Jerusalem.

      • dewey olsen

        End-time “Assyria”—A Militaristic Alliance
        by Avraham Gileadi Ph.D.

        Featuring prominently in the Book of Isaiah is a militaristic superpower that seeks to conquer the world. Indeed, God commissions its king figure—an end-time archtyrant—to punish God’s people when they turn to evil and apostatize: “Hail the Assyrian, the rod of my anger! He is a staff—my wrath in their hand. I will commission him against a godless nation, appoint him over the people [deserving] of my vengeance, to pillage for plunder, to spoliate for spoil, to tread underfoot like mud in the streets. Nevertheless, it shall not seem so to him; this shall not be what he has in mind. His purpose shall be to annihilate and to exterminate nations not a few” (Isaiah 10:5–7).

        Following the pattern of ancient Assyria, this ruthless world power and its alliance of nations will commit genocide on a world scale: “Hark! A tumult on the mountains, as of a vast multitude. Hark! An uproar among kingdoms, as of nations assembling: Jehovah of Hosts is marshaling an army for war. They come from a distant land beyond the horizon—Jehovah and the instruments of his wrath—to cause destruction throughout the earth. Lament, for the Day of Jehovah is near; it shall come as a violent blow from the Almighty” (Isaiah 13:4–6). Although all nations in their wicked state suffer destruction, it is the apostasy of God’s covenant people that is the catalyst.

        11. 23. 2011

      • GSOB

        “The dualism of Israel and the church is, in fact, the deeper dualism determining when and where the hermeneutical dualism of ‘literal’ and ‘spiritual’ is applied.”

    • Mondobeyondo

      Ephraim = Great Britain and current/ former colonies
      Manasseh = the USA
      Dan = Denmark
      Reuben = France

      But wait, there’s more! For only $19,95, I’ll…
      Nope. Not gonna go there,

      • dewey olsen

        An “Assyrian” Identity for the Ten Lost Tribes
        by Avraham Gileadi Ph.D.

        Isaiah predicts that three branches of God’s people will live into a millennial age of peace: “In that day Israel shall be the third party to Egypt and to Assyria, a blessing in the midst of the earth. Jehovah of Hosts will bless them, saying, ‘Blessed be Egypt my people, Assyria the work of my hands, and Israel my inheritance’” (Isaiah 19:24–25). Five cities-states in the land of “Egypt,” moreover, will swear loyalty to God and covenant with him by sacrifice. These appear to be the sole survivors when God “smites Egypt” with a civil war and a foreign (Assyrian) invasion. God sends these covenanters a “savior” and, in the end, “heals” Egypt (Isaiah 19:2–22).

        When Israel’s ten tribes of the Northern Kingdom went captive into Assyria in 722 B.C. (2 Kings 15:29; 17:6), they disappeared from known historical records. The emergence of an end-time people of God called “Assyria”—which parallels the similar emergence of an end-time people of God called “Egypt”—thus implies that those of end-time Assyria who survive God’s Day of Judgment consist of the descendants of those who were taken captive into ancient Assyria. While the Assyrian armies who conquer the world ultimately perish (Isaiah 10:16–18, 24–26; 14:24–27; 30:30–32; 31:8–9), some “Assyrians,” whose names are recorded, survive (Isaiah 10:19).

        9. 13. 2012

        • GSOB

          Revelation 10:9-10

          Then he said to me,

          ‘Blessed are those who are invited to the marriage supper of the Lamb.’

          And he said to me,
          “These are true words of God.”

          Then I fell at his feet to worship him. But he said to me, “Do not do that; I am a fellow servant of yours and your brethren who hold the testimony of Jesus; worship God. For the testimony of Jesus is the spirit of prophecy.”


          “…the testimony of Jesus is the spirit of prophecy.”

          • dewey olsen

            Two Wives—The Deserted One and the Espoused
            by Avraham Gileadi Ph.D.

            Isaiah compares God’s covenant relationship with his people to a marriage in which they are the wife and he is the husband. When they keep the terms of the covenant, Isaiah depicts them as a faithful wife, but when they break the covenant, as an adulterous wife. When their unfaithfulness becomes resolute, God divorces her and casts her off. Or, rather, she and her children cast themselves off by alienating themselves from him: “Thus says Jehovah: ‘Where is your mother’s bill of divorce with which I cast her out? Or to which of my creditors did I sell you? Surely, by sinning you sold yourselves; because of your crimes was your mother an outcast’” (Isaiah 50:1).

            In reality, God marries two wives: (1) an end-time wife, who turns adulterous, who is the one cast off; and (2) his first wife, whom he remarries: “‘Sing, O barren woman who did not give birth; break into jubilant song, you who were not in labor: the children of the deserted wife shall outnumber those of the espoused,’ says Jehovah. . . . ‘Jehovah calls you back as a spouse forsaken and forlorn, a wife married in youth only to be rejected,’ says your God. ‘I forsook you indeed momentarily, but with loving compassion I will gather you up. In a fleeting surge of anger I hid my face from you, but with everlasting charity I will have compassion on you’” (Isaiah 54:1, 6–8).

            1. 11. 2012

      • dewey olsen

        The End-time Gathering of Israel’s Outcasts
        by Avraham Gileadi Ph.D.

        A hard fact of Isaiah’s end-time scenario is that it is not those who appear to be God’s people whom God saves in the end but those who are rejected by the majority. These “outcasts” suffer “reproach” and “ridicule,” are “excluded” from God’s people, and, like God’s servant who gathers them, are “despised” and “abhorred” until God reverses their circumstances (Isaiah 49:7–8; 51:7; 60:15–16; 61:7, 9; 66:5–8). In the end, those who are excluded, or who fear they will be excluded, are gathered with God’s righteous remnant: “Thus says my Lord Jehovah, who gathers up the outcasts of Israel: ‘I will gather others to those already gathered’” (Isaiah 56:8; cf. v 3).

        God answers the loyalty of his people’s outcasts by uniting them with other outcasts who return from dispersion in an exodus to Zion or Jerusalem: “In that day a loud trumpet shall sound, and they who were lost in the land of Assyria and they who were outcasts in the land of Egypt shall come and bow down to Jehovah in the holy mountain at Jerusalem” (Isaiah 27:13). Those who gather are surprised to learn of others besides them: “From a sector of the earth we hear singing: ‘Glorious are the righteous!’ Whereas I thought, ‘I am wasting away; I am weakening: woe is me; the traitors have been treacherous, the turncoats have deceitfully betrayed!’” (Isaiah 24:16).

        7. 5. 2012

    • GSOB

      “The major passage setting forth the spiritual conception of the change wrought by Christ in history is Isaiah 65:17-25.

      “See, I will create new heavens and a new earth. The former things will not be remembered, nor will they come to mind.

      But be glad and rejoice forever in what I will create, for I will create Jerusalem to be a delight and its people a joy.

      I will rejoice over Jerusalem and take delight in my people;the sound of weeping and of crying will be heard in it no more.
      “Never again will there be in it
      an infant who lives but a few days,
      or an old man who does not live out his years;the one who dies at a hundred
      will be thought a mere child;the one who fails to reach a hundred will be considered accursed.
      They will build houses and dwell in them;
      they will plant vineyards and eat their fruit.
      No longer will they build houses and others live in them, or plant and others eat. For as the days of a tree,
      so will be the days of my people;
      my chosen ones will long enjoy
      the work of their hands.
      They will not labor in vain, nor will they bear children doomed to misfortune;
      for they will be a people blessed by the Lord, they and their descendants with them.
      Before they call I will answer;while they are still speaking I will hear.
      The wolf and the lamb will feed together,
      and the lion will eat straw like the ox,
      and dust will be the serpent’s food.
      They will neither harm nor destroy
      on all my holy mountain,” says the Lord.”

      This Isaianic vision is in the background of Paul’s statement in 2 Corinthians 5:17, which refers to contemporary spiritual realities: “Therefore, if anyone is in Christ, he is a new creation;old things have passed away; behold, all things have become new”.

      Calvin viewed Isaiah 65:17-25 as a New Covenant blessing that resulted from a change in covenantal administration..

      The transformational effect of the gospel kingdom is such that those who are newly born of its power are thereby constituted ‘new creatures’ so that ‘in Christ Jesus neither circumcision nor uncircumcision avails anything, but a new creation (Gal. 6:15)

      The transforming power of the gospel creates a ‘new man’ of two warring factions, Jew and Gentiles
      (Eph. 2:15-18).

      • Dewey Olsen

        65:17 See, I create new heavens and a new earth;
        former events shall not be remembered
        or recalled to mind.

        We are at a different level now, there’s a higher vibration here than before. The earth was jarred out of place in chapter 13, and then set in place in chapter 51, so when you look up in the sky there’s a different configuration of stars, I guess. A new earth because it’s a paradisiacal state. The way Isaiah prophecies is to prophecy new versions of ancient events, and one of the ancient events was paradise. former events shall not be remembered or recalled to mind. Because everything is new now. When Isaiah ascended the seven levels into the presence of God, in The Ascension of Isaiah, a document that was translated in about 6 ancient languages, at some point in his ascension he says the remembrance of that world where he came from was no longer there, it was forgotten. It means that this world will go up to one of those higher levels where the remembrance of this present earth that we live in now will no longer be remembered. It won’t be worth remembering, except maybe as a lesson or something that taught us something that got us to where we are now on this higher level.

        65:18 Rejoice, then, and be glad forever in what I create.
        See, I create Jerusalem to be a delight
        and its people a joy.

        This creation motif here is a link to the creation of Jerusalem, to the creation of a people. This is the level we’re talking about. We’re not talking about the present world or the Israel/Jacob level. We are talking about the Zion/Jerusalem level. He creates Jerusalem to be a delight and its people a joy. On that level there is only delight and joy, there is no more sadness, there is no more pain, there is no more tribulations and afflictions and oppression and bondage and deception and darkness. All those things are gone forever. Won’t that be nice. The thing is to get to that point. …be glad forever… It’s an everlasting happiness.
        65:19I will delight in Jerusalem, rejoice in my people;
        no more shall be heard there
        the sound of weeping or the cry of distress.

        As there has been. In this world there is weeping going on everywhere. There’s distress, there’s violence, and wickedness.
        65:20No more shall there be infants alive but a few days,
        or the aged who do not live out their years;
        those who die young shall be a hundred years old,
        and those who fail to reach a hundred shall be accursed.

        Everything will be different. It will be like the time of the ancients, from Adam to Noah or Methuselah. The people lived almost a thousand years, and that’s what we’ll do again. That will be a new version of an ancient event. The dying of infants alive but a few days is a covenant curse. It comes upon the sins and iniquities of the people. …the aged who do not live out their years… If you die young you will be a hundred years old; but dying, as Paul tells us, is not going to be like dying now, disintegration of the body. It will be changing to a different state in the twinkling of an eye. …those who fail to reach a hundred shall be accursed. There may still be a cursed condition, or covenant curses, following some individuals; but you can see that if that is, in fact, the case it’s the opposite of what it is today when the majority of the people are in a sinful condition and are under covenant curse. Only a few are righteous and under covenant blessings. In this case that situation will be turned around, at least that.
        65:21When men build houses, they will dwell in them;
        when they plant vineyards, they will eat their fruit. 65:22They shall not build so that others may dwell,
        or plant so that others may eat. …

        Not like they have done now, or they are doing now. People build houses and other people live in them. They have to sell their own house for one reason or another, financial difficulties. Or a contractor builds a house, and someone else lives in it. Or you build your house yourself, and you can’t finish it because you run out of money. Or you work in someone’s vineyard or orchard, and it’s not your own, it’s someone else’s. Other people eat the fruit, mass production like today. It won’t be like that. They shall not build so that others may dwell, or plant so that others may eat. Whatever you build or plan will be your own, belong to you and your family. And you will see people, your own families eating those things and you’ll get satisfaction from your labors. If you work for someone else, or if you are an hireling, or if you are in a difficult condition, you get no satisfaction, there is no spirit there, it’s without soul. So, you’re just part of the big assembly line, you don’t know where the products are going, and who eats them, you don’t see the satisfaction on their faces when they eat the fruits of your labors.
        The lifetime of my people shall be as the lifetime of a tree;
        my chosen ones shall outlast the work of their hands.

        These chosen ones, who are they? The servants, verse 9. Verse 9 parallels the chosen ones with the servants in a synonymous parallelism. The work of their hands is the servants work. Their outlasting the work of their hands is not just referring to the planting of vineyards and building of houses. The works of their hands was also the ministry that they had to those on a lower level on a spiritual ladder, and they will outlast them because they are the higher vibration, the higher spiritual level, themselves.
        65:23They shall not exert themselves in vain,
        or bear children doomed for calamity.
        For they are of the lineage of those Jehovah has blessed,
        and their posterity with them.

        Again, talking about literal children, but they could also be spiritual children. Like the sons of the prophets, or not literally their sons, but they were disciples. Sometimes when you taught people, the prophets taught, was in vain. At any rate, there is both the literal interpretation that we can easily identify with, and also more of an esoteric interpretation. Doomed for calamity? Calamity was always a consequence of covenant transgressions. It was a curse, its evil, the result of covenant breaking, which often made the efforts of the righteous people administering to them, vain because the people just wouldn’t respond they harden their hearts, they rejected the truth, they mock the things of God, or they forgot about God. People administering to that category were administering in vain, but they did anyway because everyone was given the chance to repent. They are of the lineage of those blessed by the Lord and their posterity with them. Posterity means covenant blessing and comes to us the covenant curse, children doomed for calamity. And there was a special lineage involved here, a lineage like a dynasty that goes on and on and on down the generations, all the way through the Millennium. It’s like the lineage of Abraham, Isaac, and Jacob, and Joseph, the lineage of King David, and of the prophets and apostles. Those ones, who come through and prove themselves to be saviors or servants and sons of God in that day, they are especially blessed, more especially blessed than the rest, they and their children or their posterity with them. Their blessing occurs upon the heads of their children. In this case it is not the iniquities of the fathers upon the heads of the children to the third and fourth generation, but the blessings of the fathers on the heads of the children down the generations.
        65:24Before they call I will reply;
        while they are yet speaking I will respond.

        In contrast to the others who called too late, or didn’t call with sufficient faith, or called when they were not worthy or whatever. In this case they call, and the Lord answers them immediately. The group that we just were talking about a little while ago, they are calling and they are not getting immediate answers, because they still needed to go through more repentance, through more refining, and when you finally get through that process, then you call and He will answer just that quick. There is nothing to prevent the Lord at that point, from answering you immediately.
        65:25The wolf and the lamb will graze alike,
        and the lion will eat straw like the ox;
        as for the serpent, dust shall be its food:
        there shall be no harm or injury done
        throughout my holy mountain, says Jehovah.

        These are some word links to chapter 11 verses 6 through 9 which is looking forward to the millennial age of peace. With what’s happening in that millennial age, the wolf is an unclean animal and the lamb is a clean animal, and they will graze alike. While the wolf has been eating meat, now he is going to graze. Same with the lion eating straw like the ox. The unclean lion becoming clean like the ox, a clean animal. Which implies on an esoteric, metaphorical or allegorical level that these animals, the unclean will become like the clean, or in other words, those who are not the covenant people now will become the covenant people of the Lord. They will all become this covenant people. The clean representing this covenant people, the unclean representing the heathen.

        As for the serpent, dust shall be its food. I’m not sure how to interpret that one. In Isaiah you have two serpent types. You have the good serpent representing the messiah, symbolizing the messiah as we have seen in chapter 14. The brazen serpent that Moses held up in the wilderness, that was an antidote to the fiery flying serpents that killed the people. Well this implies that the serpent that was harmful is going to be reduced to an innocent state, or an innocuous or harmless condition. It is not going to bite people; it’s going to eat dust. Dust meaning chaos, dust is a chaos motif. It’s reduced to a harmless condition like a worm. There shall be no harm or injury done throughout my holy mountain, or throughout the Promised Land, or His holy nation. It is a holy nation now, not just my mountain period, but my holy mountain because all who live there will be holy, or sanctified says the Lord. As in chapter 35 where it says the way of return will be called the way of holiness, and we have returned to Zion, the whole land will become holy, because the people who dwell there will be holy.

  • Jane Bobsky

    Jeeze. Soon just saying such things will become illegal. Nothing but the party line allowed. ANIMAL Farm come true. Utopia is at hand! Rejoice!

  • douglas gray

    The Catholic visionary in Brazil, Pedro Regis (who has correctly predicted many events, (such as the Gulf Disaster, the last big quake in Chile, the Japanese Quake) was told by Mary that at this time, conditions are even worse than they were before the Great Flood, so there are bound to be consequences. An economic meltdown is just the beginning

  • Mondobeyondo

    With each passing day, the oncoming apocalypse is getting closer and closer.

    Is there any way out of it?


    We’ve already crossed the Rubicon.

    “Turning and turning in the widening gyre

    The falcon cannot hear the falconer;

    Things fall apart; the centre cannot hold;

    Mere anarchy is loosed upon the world..”

    — Yeats, “The Second Coming”

    • jonno

      What has the Rubicon, a small river or stream in Italy have to do with apocalypse?
      The saying comes from the time when Roman legions were not allowed in the vicinity of Rome but when Julius C. returned from Gaul he did cross the Rubicon and therefore broke Roman law and was declared an outlaw by Pompey.
      On another note, if American, Israel loving christians could just shut up for a few days and appreciate the plight of those whose land israel has stolen it’s possible the Middle East crisis could be solved.

  • jim

    It’s exactly what jesus spoke about that will happen in the latter days, like I always say, we are truly living in the last days, these are the birth pangs. What the world is going through right now is exactly what a woman go’s through just before she gives birth, jesus is knocking on the door, are you ready to receive him. Jesus said that all of these things will happen just before he returns, so what’s happening in the world today is not going to get any better, so get ready, things are going to get a lot worse and world war 3 is just around the corner.


    thanks for staying on top of the news Michael, most news reporters have abandoned the warning calls, you seem to be the only one left, and its only going to get worse.

  • Mondobeyondo

    Human beings are creatures of habit. We like our lives cozy and comfortable.

    [sound of vinyl record scratching]

    That’s about to change. Very fast and very soon.

  • Gregge K Johnson

    Michael. Your last words were :we will get what we deserve as a Nation. You sound like Abraham Lincoln

  • El Pollo de Oro

    Dr. G: When you have World War 3 combined with The Greatest Depression combined with a civil war in The Banana Republic of America, that is a very toxic brew. It’s a combination of the worst of the 1930s/early 1940s internationally with the worst of the 1860s nationally. But as you say, the technology has changed considerably since the 1860s. Back then, Americans were still getting around on horseback.

    I’ve spoken to preppers who think the BRA will be Ground Zero in the hellstorm and want to move to another country. But this meltdown is global, as Michael Snyder says in his article.

  • KOLO

    Errr no it’s not …Nuclear radiation from Fukushima that is washing up on the west coast.

  • Mondobeyondo

    #20.7: The Dow fell by some 300 points today.

    The canary in the coal mine is starting to chir — oh wait, its feet may be in the air! Uh-oh.

    A bit overdramatic? Maybe. Time will tell.

  • cherylmeril

    My notary business had the worst week ever since 2009!

  • Hector Cabrera

    Your information about Venezuela is manipulated not by you, but by the same mainstream media that has conspired against the working people of this country. Let’s be honest, the government of Venezuela is attacked just for doing what is right for the majority of the people, not the minority that controlled the wealth of the nation for more than 200 years and never did anything for the people.

    • xander cross

      They always manipulate information about Venezuela. It’s what’s best for business that they continue to lie about it.

  • RUSS, CA.

    Maggie Thatcher tried to warn the whole world what would happen along the way to global socialism but the sheeples wpuldn;t listen on their way to global collapse and so now what?

  • Mondobeyondo

    We are headed for…. something which I won’t discuss right now. Suffice it to say – it will be Bad.,Bad, BAD.

    1. God will not be mocked.
    2. It is a fearful thing to be in the hands of the living

    When the Great Tribulation occurs (aka the Time of Jacob’s Trouble) takes place….

    Satan will pour out his wrath upon the earth.
    Then God will pour out His wrath.

    Look. Out.

    • Mondobeyondo

      “But I didn’t sign up for this gig! All I ever wanted was world peace!”

      Oh honey – the only way there’ll EVER be world peace, is when Jesus Christ returns to this earth.

      Well, in a sense, you DID sign up for this gig. You were born. Enough said. Romans 3:23. Research the rest on your own, as it’s not the primary focus of this blog.

      Now – Fix your bent antennae, tune it in and then I’m gonna….**

      ** = Eminem, “Without Me”

  • TtT Engine

    The Federal Government is financially and morally bankrupt. It’s all about robbing income streams. The insurance industry is a huge income stream. The U.S. government will have the entire income stream soon. They being delusional utopians, forget that the government runs everything in the RED, at a loss, in A BIG way. This will collapse the U.S. government much faster. Their insatiable desire to kill God and to control us dictates everything. Collapse is not to be feared when world governance is their god. God will have the last word. May He spare the faithful. Christi Fidelis !

  • halmic

    You can discern the weather by the clouds but you are not wise enough to see the signs of the times.
    -Jesus, talking about the religious leader’s ignorance of his Person and purpose.

    • Mondobeyondo

      You don’t need a weatherman
      To know which way the wind blows”

  • joe_bob_gonzales

    desserts are always just

  • Nicnak

    Don’t worry guys, Russia will wipe out usa in no time. Your problem will be solved…

  • Mondobeyondo

    There was a time, in October of last year, when literally everything was shut off (water, gas, electricity, etc) – and I was down to my last $1.15. A dollar bill, a dime and a nickel. That’s it. Things are a lot better now.

    Under such circumstances, you quickly learn to not take ANYTHING for granted.

  • Chocolatini

    yay globalism!

  • wrstprzevr

    “If you like your economic meltdown, you can keep your economic meltdown”

  • Mondobeyondo

    “This is the end, my faithful friend
    This is the end, my only friend, the end
    Of all our hopes and plans, the end
    Of everything that stands, the end
    No safety or surprise, the end
    I’ll never look into your eyes again… the end”**
    Don’t take THAT route.
    Yeah, things are tough right now, but that is NOT the answer.

    Bob Dylan, Jim Morrison and Kurt Cobain were three of the greatest poets of the Gen X/Gen Y generation. At least we still have Dylan…

    ** -Jim Morrison

  • Mondobeyondo

    Something’s going to happen, and I think it will be soon. I don’t know what, and I don’t know how.

    But, just like December 7, 1941, November 22, 1963 and September 11, 2001, it will be one of those “before and after” moments. One of those “Where were you when…” moments. There will be the world before… and the world after.

    I was not alive on November 22, 1963. But that day rocked our world. EVERYTHING changed. The people. The music. Yes, some of it was already brewing. But that date… um, it let the lions loose.

    • tuna fish

      5/23/14. all of the pieces add up to 5. then add them together and you get 15 which is Gary’s IQ

  • Dan

    Cue the ominous funeral march.

  • Jean Bush

    I live in Los Angeles and those of us trapped in cities will have it the worst. Once trucks stop delivering goods, we have no way, unless we have stocked up, to eat or have water. Those in more rural areas, especially in Europe, are better at coping with shortages as many have farms/gardens and chickens. However, we all depend on electricity and gasoline. When those fail will we be back to horses and walking???

    Anyone who wants to get a glimpse of what could happen should a shutdown occur, should watch: “American Blackout” on Youtube, a movie by National Geographic.

    • king and slave

      Everybody’ll be FUBARed.

  • majorx

    This is happening because we have trusted the Global Banking system and the Global financiers and politicians that work with them to properly steward the economies of the World. Instead they have been lining their pockets while corrupting the World economies. Its time to see these elitists for what they are and remove them from power. They all belong in the deepest and darkest hole we can find.

  • 68Impala

    Wonder what Monday will bring to this bloated market?

    • tuna fish

      maybe a 1968 Chevrolet Impala

      • 68Impala

        Hopefully. I love that car!

  • tuna fish


    • Boo-urns

      Only if Republicans lose, too. They are just as awful and evil.

  • JahRW

    The super rich and the corporation is pulling a fast one. They’re distraction the people from the real issue. They pit the races against each other, when we’re all in the same boat. So instead of revolting against the current system, they want us to be happy with all the distractions that make it seem like our lives are good. Prices of goods are rising, while pay is staying the same. It will take a collapse of some sort for people to wake up. Obama is trying to expand the powers of American corporations globally, when he should be reeling them in to create jobs here in America. The coporation only care about profits, rather than the people. This what happens when you deregulate and don’t spread the wealth of the nation.

  • Mike

    I guess with all that is happening around globally in all sectors i believe one should most certainly maintain low debt levels this desire to borrow and live beyond our means has to stop.I place most of the blame on financial institutions and there loose borrowing terms.They need to wise up

  • Mondobeyondo

    We send coded messages everywhere.
    For example…

    Dude: “Wanna go to the movies after dinner tonight?” [Let’s make out tonight]
    Chick: “I have to go to the bathroom” [get away from me, you loser]

    The Bible is also a coded book. So are many pop songs (Satan’s version of coding). A lot of songs are written in what’s called “witch language”, and this is not the forum to discuss this. I digress.
    What worries me about the California drought – well, several things.
    Much of the winter produce in the U.S. is grown in California. As the drought continues, there’s going to be less iceberg lettuce, tomatoes, and other stuff such as. You’re going to pay more for that salad. Your favorite fast food restaurant may stop putting tomatoes and lettuce on your Big Beef Burger ™.

    The beautiful, warm sunny weather is a curse in disguise. Reservoirs are drying up. If it doesn’t rain, there’ll be no water. The farmers will be hit first. No water for their crops. Then YOU’LL be hit. No water for your lawn, petunias and roses. You may still have water to drink… (Watermill Express. 25 cents a gallon. Yep, been there, done that.)

    I’ll stop for now. “Saturday Night Live” is coming on soon…

  • Mondobeyondo

    Dorothy: “How are you able to talk if you haven’t got a brain?”

    Scarecrow: “I don’t know. But a lot of people with no brains, do an awful lot of talking.”

  • Guest

    Testing… one two three

  • Anita Railing

    Relax folks , the dollar will not make it through this decade but we will, it’s how you act and react that will define it, if you surround yourself with panicky people look out, if you live next to the dumps get out

  • Justin

    what the writer of this website drastically underestimates is the brute control that the ruling class has on the world’s economies. the fact that all nations are globalized gives them even more authority over what happens.

    in other words: just because the numbers don’t add up such as the USA’s national debt, the deficit, interest rates, ect., doesn’t mean that we are faced with an imminent collapse.

    the reason why the US can run trillion dollar deficits and not break a sweat is because of this exact reason. the oligarchs have complete control of the world’s monetary system and nobody can undermine it, not even China, because the oligarchs are also in control of the deadliest military in the world.

    the current system as it is will persist for decades.

    • xander cross

      Who are the oligarchs? They’re white men that continue to control this world while all of you blame everything on “black” people. This is the truth that all of you are afraid to speak about. You know full well that white men control the world’s economy.

      • Road Less Traveled

        Yes, in general and historically at least for the last 500 years, but as social mobility has changed, especially in the West, I think that there are plenty of individuals from other races perfectly willing to “play ball” if it helps them climb further.

  • Mondobeyondo

    “A bullet from the back of a bush took Medgar Evers’ blood
    A finger fired the trigger to his name
    A handle hid out in the dark
    A hand set the spark
    Two eyes took the aim
    Behind a man’s brain
    But he can’t be blamed
    He’s only a pawn in their game….”

    – “Pawns in Their Game”, Bob Dylan, 1963
    Yes, we are all just pawns in the game of the one percent. Dylan knew about it 51 years ago. It took a long while for me to get it. A lot more people are starting to catch on to what’s really going on.

    • Bill

      Would it not be ” the great turn around” if the imposter’s words of lies are rejected on Tuesday?

  • Bill

    Is it not an an amazing coincidence that ben’s last fed meeting is this coming week just as the stuff is hitting the fan?

  • Mondobeyondo

    2014. The ship’s about to come in, folks.

    Bob Dylan saw it coming 50 years ago.

    Wednesday, August 28th, 1963

  • DJohn1

    I am sitting here on this computer watching out the window as more and more snow accumulates on my drive and yard. The forecast is for 25 below zero later this week. Today it might reach 30 above so that the snow might accumulate a little more. The winds are going to be high. Probably 10-30 miles per hour. Lord only knows how high the utility bills will go this month and next. And we are below the 40th parallel!
    The normal temperature here is about 20 degrees fahrenheit in winter. The snow is powdery and tends to blow in huge whiteouts. So even with a snowblower it accumulates back in the drive.
    I mention this because the weather seems to reflect the economic climate we are in.
    I expect heat bills to range around $350 this month if not more. This is an all electric house which is scary in itself when you consider the high winds. A lot of houses here are heated with natural gas.
    Meanwhile Social Security decided we needed a raise. It was 1 1/2 percent. That translates here to $6 a week. I am not sure why they bothered . . .
    Loretta Lynn said it best with her songs about poverty and wives staying at home and raising the kids with all the minor catastrophes that involves.
    If the stock market collapses so do all the pensions that people are on. So hope and pray it doesn’t happen.
    If there are 20 houses on a small street here, likely 4 of them are in foreclosure. The bank has to sell the house for 2/3rds of the remaining mortgage according to federal guidelines and insurance. So many of these houses are great bargains for a fixer-upper. Problem is the market is depressed by too many people out of work. Even at these depressed values the qualified people for a loan are few between. And that is one key to the breakdown of the banking system. They have lost a lot of money in what is normally a decent market with a decent profit for a bank.
    Mortgages are basically payed back at 95% interest to 5% principal. The actual interest rate can be as low as 3-5%. It maxed under Reagan at around 18-20%. A house with an assumable mortgage actually went for $5,000 over the market price of other homes in the area.
    I mention this because in the past the mortgage market has been the bread and butter of banks.
    Right now it is not profitable to own a house. The overhead of taxes is too high. Most local schools and government is financed by real estate taxes. When the property values went down the county governments everywhere have less money to work with. A $100,000 house in this area is now worth about $90,000.
    That means that the taxable real estate is 10% less than a couple of years ago. Real estate sales in this area depend on a 7% commission. So a lot of people owe more than the house is worth. I am a licensed Real Estate Agent though I haven’t used that license since the mid 80s.
    That is why when people go unemployed they walk away from a house instead of trying to keep it.
    These mortgages are sold in package deals. They have gone bad in record numbers. This means the buyers of these packages lose money.
    Unless someone wakes up soon and comes up with a plan to put this economy back together, you are right Mike, the entire house of cards world wide is going to come down.
    You want to know how bad it is. Funny enough, just check the length of a woman’s skirt. The lower the hemline on the skirt, the worst the economic circumstances. Have no idea why that is so, but it is a common rule of thumb over the ages. (grin)

  • Mondobeyondo

    One Chopin “Funeral March”, coming up!

    By the way — you want fries with that?!?!

    • RealityBetraysUs

      Neither both Coke and Pepsi contain phosphoric acid that can dissolve a nail if left in the soda long enough, no I’d rather have a healthy Mountain Dew with concentrated orange juice and citric acid which my body can deal with without dissolving my bones!

  • Mondobeyondo

    If you are among the multitudes of depressed people out there (and yes, you are out there – no need to lie about it)

    You must, you MUST break out of it.
    Otherwise, it will consume you.
    It’s extremely hard. My goodness, is it ever hard.
    But it can be done.
    I’m still trying myself.

  • Boo-urns

    And what does this have to do with the article? Nothing? And what does it matter? Not at all.

    • GSOB

      Separation of church and state.

  • Mondobeyondo

    “Oh the time will come up
    When the winds will stop
    And the breeze will cease to be breathin’
    Like the stillness in the wind
    ‘Fore the hurricane begins
    The hours when the ship comes in…..

    Oh the foes will rise
    With the sleep in their eyes
    And they’ll jerk from their beds and think they’re dreamin’
    But they’ll pinch themselves and squeal
    And know that it’s for real
    The hour that the ship comes in.

    Then they’ll raise their hands
    Sayin’ we’ll meet all your demands
    But we’ll shout from the bow your days are numbered
    And like Pharaoh’s tribe
    They’ll be drowned in the tide
    And like Goliath, they’ll be conquered..”

    “When the Ship Come In”, Bob Dylan, 1963

  • Ian Todd

    I agree that Americans are obsessing over the Bieber kid, but it is deliberately manipulated by the mainstream media as a distraction from the important news such as in your report.

    • Mondobeyondo

      Bingo! You got it.

    • king and slave

      Who is this Bieber (sp?) idiot anyway?

  • nicthstic

    It all starts with greed. Not the greed that drives innovation, but the greed to control markets with inferior goods, services, technology. Why aren’t we at a stage where alternative energy (free energy) has come into being–its been 100 years since the concept was demonstrated. The PTB won’t let it because it will negatively affect their financial positions in the market. The Tesla energy model will limit profits. Innovators in the new energy forms
    have been bought out, pushed out or rubbed out. Meanwhile we sit here hostage to the manipulations of the energy commodities market, to false shortages, etc. The name sheeple applies to all of us who shrug and accept our fate as serfs to the oligarchs.

  • Lincoln Paradox

    Look for the next stimulus package and a readjustment of the price of gold. One that happens, it’s 1929 again.

  • FounderChurch

    Entertainment rules the world…of idiots….by FounderChurch… This site is mostly all about entertainment. Yes, the facts on it by the author are true, and even some of the posts have bits of truth in them, but the sad fact is, these facts, such as they are, serve totally as entertainment, not as enlightenment.

    No one here as best as I can tell, care about anything, but only about being entertained, which is totally satanic, and the functioning spear point of demonism.

    Only the truly Godly, are even half sane, and I see little or none of that here. Sorry…

    • Justin Case

      You are the most annoying person on the internet. Because of your kind I can see that the people in the church are exactly what I have always detested and the reason I do not go. You people are a pretentious people and worth so very little as you do so very little to help this world. Christians are not the salt of the world, they are foul and bitter. Go to Hell.

      • FounderChurch

        I feel complimented by your ignorant hateful remarks. You can’t stand strong doctrine the same way the roach fears the light. Your bigotry toward a whole group of a billion people shows your totalitarian mind set.

      • X3Charlie

        But you are judging an entire group of people based on this one person’s comments?

        • Justin Case

          To keep a very long story short I will just say that growing up in church and religious school we were told lie after lie and were taught how to ridicule others who have a different set of beliefs regardless if they are religious or secular. This guy is 100% the kind of people that I grew up seeing. After spending a couple decades away from the church only to find a person like this to remind me of how awful their type can be just makes me sick. I consider my self to be an spiritual person (kinda sorta) but would never want to be labeled a “Christian” because of how offensive they are.

          Not all sharks are man eaters but would you let your children swim with any of them? Perhaps the kids can play with the nice wolves. Heck, not all bears have attacked people, hows about letting them join the bar-b-que?

  • Guest

    As long as there is “GREED” in people for Money, Power all problems will continue.

  • db

    about 200 gallons a month for heating a average home with LP gas in these extreme weather conditions. so approx. $900 for one month compared to approx. $300 a year ago. talk about hyperinflation.

    • RealityBetraysUs

      Take a hint, my relatives live back east in Pennsylvania. They told me they used to buy coal then that went up in price, so they switched to oil which over time also went up in price. Some now use propane which also is going up in price. My nephew figured it out, he heats his home with wood that he cuts down every summer on his own land for merely the cost of doing the labor to cut it and pile it up for winter. His home has a big basement family room with fireplace and only uses electricity to circulate the air through the fireplace so technically his basement -family room heats the whole house. Seems to me the same thing the early settlers were doing using wood to heat their homes …one of the only renewable low cost fuel alternatives…

  • Donald Wilson

    Michael I could care less about all these celebrity scandals. They could all take a long walk off a short pier. The end…

    Bravo Two Zero out…

  • Gankfest

    Take an English class sometime and learn to write… I don’t know where to start with your atrocious composition, grammar, and poor word usage.

  • Wartface

    The meltdown of the world banking system was expected when Bernake did what he said he would never do… Print money and flooded the world with fake money. This is just a current day version of the Weimar Republic, American style.

    Our government planned for it. They have FEMA camps for 50,000,000 of us. Bless their hearts for planning ahead. They even bought 1.8 billion rounds of ammunition to protect us against the looters. Boy the fore site and planning was remarkable, how could they have known so far in advance?

  • Noital

    Read “Revelation 18 and the fate of America.”

  • mrhuehls

    The meteoric rise of the stock market looks to be driven by the artificial 85 billion a month being printed for the FED to buy 85 billion on bonds. Printing money not generated in the economy is always bad news. Personally I’m looking for the DJIA to cross under 10,00, and that would be a good time to buy equity especially if it pays dividends.

  • funjumper

    The President has told us for the last 4 years that his plans are working and that we will all be ok, I do not understand why you people argue against that and do not believe him and in his abilities. You all are just a bunch of racists. He is leading us to economic prosperity, and you just do not want to admit it. Praise him, and get out of his way. Thank God he is going to start doing more on his own and not let Congress get in his way in saving us. I wish he could be president forever and ever.

    • tuna fish

      yes comrade

  • michelleinky

    “Have you been paying attention to what has been happening in Argentina, Venezuela, Brazil, Ukraine, Turkey and China?” uh, no I haven’t, but only because our media hasn’t said one word about it. I had not heard anything until this article.

  • morbid_realities

    I think Americans deserve this. We are so oblivious its maddening. Gone are the days of civic duty, gone are the days we work together to build a nation.

    We need a good smack in the face, to snap us back to reality. We are living in the midst of a crisis and few, if any, are acknowledging it for what it is. Sure, intellectually, we get it.

    That is not enough.

    We have to act. We have to move. We have to work together and see past our petty differences. We have to work as if our very lives are on the line. What will it take? There are strategies, better and sound methods to tackling these problems and they should be pursued.

    But in all honesty?

    It is only just we receive retubrution for our hubris. We grew lazy, we let them tell us what to think, we played with their shiny toys and mindless distractions. We were the sheep fooled by wolves, and we deserve the consequences of our stupidity.

    I hope the entire world collapses. Not because I dont love this world with every fiber of my being, because I do. No, the world needs to collapse so that we finally learn. We created this mess, we deserve to own it.

    We need to find our humanity. You won’t find it in money.

  • brenda

    You all of little faith, we all are coming out of it , not going it to it .

  • BrotherTim

    If people don’t wake up its their own fault, I stop watching the main stream news long time ago. Today I plant my own food, I cut my cost of living, I save silver, I store food, I trust in GOD and not in man. There is major signs for people to wake up, I truly believe GOD is trying to warn people just like in Noah’s time but people wont listen and just like in Noah’s time people will die because they wont listen. Go ahead watch the Superbowl game and pay lots of money on food and drinks. The days are coming when people will wish they would have used that money to store food or buy silver. I pray for all but I know most wont pay attention until its to late.

    • Dromedaren79

      l don`t belive in GOD but l aggre that something bad is going to happened. When economy collapse we going to see war. Is easy to blame others, rather than itself.

  • Glenn54321


    #1 – 8,000 banner ads with a combined surface area so large that the content is smooshed into a slim central region of the page.

    …Come on. There have been “200 SIGNS COLLAPSE WILL HAPPEN ANY DAY NOW” for years. Someone is lying.

  • Gray

    I knew something like this was going to happen… I think I might stop by the surplus store soon. I don’t have much things stocked, but I do know how to live off the land. A collapse is coming… and the population doesn’t even know it.

  • anna miller

    The reason most Americans are not informed is because most Americans still watch TV, which is corporate owned and controlled. Our newspapers and magazines are also corporate owned and controlled by just 6 corporationsWhy do you think big money continues to make power grabs
    over internet freedom?

  • Shannon Hardesty Giallombardo

    i think people should quit breeding theres not enough jobs, not enough of anything anymore im sick of seeing everyones precious new baby look at the world you are subjecting it too, stop already

  • Thomss

    Even if all of this is true you all have to remember to focus on the good in life rather than the bad.

  • Becky Taylor

    People are putting their trust into things like gold and silver. While it might not be a bad thing to have I think it is more important to own land. With land you can survive the storm. Sadly I am to poor to even begin to think about a move or purchasing land.

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