The Beginning Of The End
The Beginning Of The End By Michael T. Snyder - Kindle Version

The Prepper's Blueprint

Don't Buy Survival Food Until You Read This - If you stockpile the wrong foods, you could be setting your family up to starve. It sounds harsh, but the truth is too many people with good intentions are making critical mistakes with their food stockpiles. Watch this video now >>
The End of Obama? Approaching Obama scandal could change the White House Administration and our country overnight... Click Here
Gold Buying Guide: Golden Eagle Coins

Archives

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

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.

Be Sociable, Share!
  • 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

    DEMOCRATS LOSING BIG TIME IN NOVEMBER. I LOVE IT, DON’T YOU GARY?

    • 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.

    http://www.youtube.com/watch?v=WLwHnNybADo

    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

    TOP 1 SIGN YOU’RE READING A LIST ON A SITE DESIGNED TO SCARE YOU INTO BUYING STUFF

    #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.

Emergency Essentials/BePrepared
Agora Financial
Thrive Life
FEMA Hates This

Austin Coins
Family Survival Plan - Check This Out!
The End Of America?
MHAdNew_125x125 copy(1)
End Game Economics
FINCA BAYANO
Survive After Collapse
cheaper to burn dollars than paper
Facebook Twitter More...