The Beginning Of The End
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20 Signs That All Point To The Exact Same Thing – Can You Guess What That Is?

The U.S. economy is in a massive amount of trouble.  There aren't enough jobs.  There isn't enough money to go around.  Business activity is slowing down again.  Household wealth has been falling.  Food prices have been rising.  Many state and local governments all over the country are flat broke and are drowning in debt.  The federal government has been rolling up unprecedented amounts of debt in an attempt to keep things going, but everyone knows that kind of borrowing is simply unsustainable.  So where do we go from here?  We consume far more than we produce and we use debt to make up the difference.  40 years ago the total amount of debt in America (government, business and consumer) was less than 2 trillion dollars.  Today it is nearly 55 trillion dollars.  How in the world did we let the total amount of debt in the United States grow more than 27 times larger over the past 40 years?  Our economic system is fundamentally broken, but most Americans don't realize it yet because times are still relatively good.

However, the next great economic crisis is going to wake a whole lot of Americans up.

And when they realize what has happened to our future, they are going to be really, really angry.

Enjoy the good times while they last.  The next recession is rapidly approaching, and it will not be pleasant.

The following are 20 signs that all point to the exact same thing....

#1 The unemployment rate in the U.S. has been above 8 percent for 40 months in a row, and 42 percent of all unemployed Americans have been out of work for at least half a year.  As I wrote about recently, there are never going to be enough jobs in America ever again.  As bad as things are right now, they are about to get even worse.  So what is our country going to look like once the unemployment rate starts shooting up rapidly once again?

#2 35 percent of all unemployed workers have had to dip into retirement savings in order to make ends meet over the past year.

#3 Since 2008, the U.S. economy has lost 1.3 million jobs while at the same time 3.6 million more Americans have been added to Social Security's disability insurance program.

#4 A recent survey conducted by the National Association for Business Economics found that only 23 percent of all U.S. companies plan to hire more workers over the next 6 months.  When the same question was asked a few months ago that number was at 39 percent.

#5 An important measure of U.S. manufacturing activity has fallen to its lowest level since June 2009.

#6 Hundreds of thousands of federal jobs at civilian agencies will likely be lost if Congress allows the automatic federal budget cuts to go into effect next year.  The following is from a recent article posted on federalnewsradio.com....

A report released Tuesday suggests that several hundred thousand federal jobs at civilian agencies would be on the chopping block within the next year if Congress lets the automatic budget cutting process known as sequestration go into effect.

The study, authored by George Mason University professor Stephen Fuller, adds a new dimension to a budget debate that's so far been centered on sequestration's effects on the military.

#7 The teen unemployment rate in Washington D.C. right now is 51.7 percent.

#8 Gallup's U.S. Economic Confidence Index is now the lowest that it has been since January.

#9 The median net worth of U.S. households in 2007 was $126,400.  By 2010, it had fallen to just $77,300.

#10 Pensions at S&P 500 companies are more under-funded than they have ever been before.

#11 According to the New York Times, state and local governments across America "shortchanged their pension plans by more than $50 billion" between 2007 and 2011.

#12 The city of Compton, California is evaluating whether or not it should declare bankruptcy.  If it did, it would become the fourth California city to declare bankruptcy this year.

#13 The percentage of U.S. households that are spending more than half their incomes on housing is at an all-time high.

#14 For the first time in modern history, Canadian households are wealthier than American households are.

#15 One recent poll found that 42 percent of all Americans believe that China is the leading economic power in the world while only 36 percent believe that the U.S. is still the leading economic power in the world.

#16 According to the federal government, the price of food rose much faster than the general rate of inflation did during 2011.  Just check out these rates of food inflation for 2011....

  • Beef: +10.2%
  • Pork: +8.5%
  • Fish: +7.1%
  • Eggs: +9.2%
  • Dairy: +6.8%
  • Oils and Fats: +9.3%

If that happened during a somewhat "normal year", what will food prices look like after we are done with the drought of 2012?

#17 The price of a bushel of corn has risen by 54 percent since mid-June.

#18 According to one survey, 42 percent of all American workers are living paycheck to paycheck.

#19 A different survey found that 28 percent of all Americans have absolutely no emergency savings at all right now.

#20 Federal Reserve Chairman Ben Bernanke made the following statement to Congress on Tuesday: "At this point we don't see a double dip recession. We see continued moderate growth."

Do you remember that old Seinfeld episode when George Costanza decided that he would "do the opposite" of everything that his instincts were telling him to do and everything started working out great for him?

Well, when it comes to Federal Reserve Chairman Ben Bernanke, the key is to "believe the opposite" of everything that he says.

And since Bernanke does not believe that a double dip recession is going to happen, that probably means that we are about to hit another recession.

If you doubt this theory about Bernanke, just go back and check out his track record.

Okay, so if our economy is in big trouble shouldn't our leaders be doing something about it?

Well, it is election season now so I wouldn't expect too much from Barack Obama.  He is too busy raising money in France and in China.

I wouldn't expect too much from Obama's economic advisers either.  In fact, Obama's much-ballyhooed "jobs council" has not even met in six months.

Not that the "jobs council" was ever going to do anything substantive anyway.

The truth is that it was just for show and most of the CEOs on the council have been sending jobs overseas anyway.

Well, what about the SEC?

Shouldn't they be doing something to fix the financial system?

No, they are too busy investigating the Amish.

It looks like we are on our own.

Soon, even more parts of the country will start looking like Detroit or Baltimore or Cleveland.

This country is rapidly falling apart, and the federal government is not going to save us.

That is why we need to focus on preparing to weather the coming storm on a family and community level.

There is hope in being prepared.  The coming economic crisis will wipe out many Americans because they will never even see it coming.  But that does not have to happen to you.

If you work really hard right now to prepare your family for the storm that is on the horizon, then you will have a much better chance of making it through to the other side.

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  • Gary2

    The share of the nation’s wealth held by the less affluent half of American households dropped precipitously after the financial crisis, to 1.1 percent, according to new calculations by Congress’s nonpartisan research service.

    TAX THE ************ RICH HARD AND SPREAD THE WEALTH

    • GaryToo

      gary you would get more wealth redistribution from them to you if you just went begging directly, chanting that will never make it happen.

  • joseph

    MAN SO MUCH DRAMA WITH THE END OF AMERICA. LOOK IF AMERICA FALLS THE WHOLE WORLD WILL FALL TO, IN THE DECK OF CARDS CALLED “THE ECONOMICAL MELT DOWN” LEAVING THE DOOR OPEN FOR THE NEW SAVIOR OF THE WORLD WHO IS KNOWN AND HAS BIN PREACHED ABOUT BY MANY CHRISTIANS THAT DEDICATE THERE TIME READING THE SCRIPTURES, (ANTICHRIST) THE MAN WHO WILL SAVE THE WORLD OF THIS ECONOMICAL MELTDOWN ONLY TO DECEIVE THE WORLD THAT HE IS THE CHRIST AND LEAD MANY TO THERE DESTRUCTION. TRUE CHRISTIANS THAT READ THE SCRIPTURE WORN OTHERS WITH LOVE SO THEY WONT BE LEFT BEHIND WHEN THE BE-LEAVER IS RAPTURED IN TO HEAVEN TO BE WITH THE LORD FOR EVER AND EVER THAT INCLUDES IN HIS RETURN TO RULE THE WORLD AS KING OF THE WORLD YES AND IF YOU READ THE BIBLE IT TELLS US THAT IN THAT TIME PEOPLE WILL SAY HE IS TRULY THE PRINCE OF PEACE, WONDERFUL COUNCILOR, GOD WITH US, ETC ETC. FOR THE BE-LEAVER GOOD NEWS FOR THE ONE WHO DOES NOT BE-LEAVE NOT SO GOOD FOR YOU SORRY MAN YOUR IN DEEP TROUBLE CUZ YOUR TROUBLES ARE JUST BEGINNING. MY ADVICE TAKE THE TIME TO READ THE BIBLE AND GET TO KNOW WHO GOD IS AND WHAT HE REALLY WANTS FOR YOU. THE BIBLE SAYS THAT GOD DOES NOT WANT ANYONE TO PERISH BUT ALL TO COME TO REPENT OF THERE SINS. SIN MEANS YOU ARE A LAW BREAKER OF GOODS COMMANDMENTS AND A LAW BREAKER MUST BE JUDGED AND PAY FOR THOSE ACTIONS. BUT IF YOU REPENT OF THOSE SINS AND ASK JESUS TO FORGIVE YOU OF THOSE SINS HE WILL BECAUSE IN HIM AND HIM ONLY COMES SALVATION. ITS EASY JUST BOW YOUR HEAD AND PRAY TO JESUS FOR FORGIVENESS AND MEAN IT TO FROM THE HEART AND THAT’S IT YOUR SAVE NOW ALL YOU HAVE TO DO IS READ THE BIBLE FOR MORE INSTRUCTIONS TO GROW IN CHRIST. GOOD LUCK AND GOD BLESS =-).

  • Beata

    Everyone by now should be concerned with spreading the gospel and storing treasure in heaven. No matter what you do at the moment, we must accept the fact that the Bible must come to fulfilment. The end is near, ARE YOU SAVED?

  • http://theeconomiccollapseblog.com Dennis Knight

    In my opinion, this mess signals the return of the Lord Jesus Christ in power and glory just as He foretold in Matthew 24. God has never brought judgement on the wicked without first issuing many warnings which tell the wicked to repent before His judgement comes. Any sane, thinking person should repent while there is still time. God is longsuffering and not willing that any should perish who will heed His warnings and seek His forgiveness and mercy offered thru the Lord Jesus Christ.

  • NorthernCanuck

    I’m not usually in the habit of plugging books, but I’d REALLY recommend finding and buying an inexpensive used copy of Carla Emory’s superb “Encyclopedia Of Country Living”. It’s almost the size of a small telephone book and it tells you you how to do almost everything for yourself! It’s one of the few books I wouldn’t want to be without in an economic depression. Try Amazon for used copies. If you want to get really serious, add a copy of ’5 Acres and Independence’.

    Anyone else have any favourites to recommend?

    • NorthernCanuck

      …and I should have added “The SAS Survival Handbook”, “The SAS Urban Survival Handbook” and “SAS Self-Defence”, as well.

      When it’s written by a survival instructor for the famed British Special Air Service regiment you can be sure that a book has been well and truly road-tested :) !

      • NorthernCanuck

        …you can also, of course, find online and download a copy of the superb US Army Survival Field Manual (FM 21-76), and I believe that Amazon may still stock the excellent “Royal Marines Commandos Fitness And Survival Skills”, by John Watney. It’s well worth the money!

        Two older favourites of mine, harder to find now, are Bradford Angier’s “One Acre And Security” and John Muston’s “Survival Training And Techniques”. I like Muston’s book: he was for 30 years an expedrienced and highly-skilled officer in the British Army and his book is a treasure-trove on survival. At one point this very tough and capable soldier writes: “Suddenly I knew that we should commit the whole problem to God in prayer and I bowed my head and prayed for a few seconds. My mind cleared and without any shadow of doubt I knew what we needed to do, to take and so on.” It’s interesting that he and David Stirling, the founder of the SAS regiment, both of them fearless and brave men, were also such strong Christians…

  • http://booksbyoliver.com MountainHome

    “–People who are hungry and out of a job are the stuff of which dictatorships are made.” Franklin D. Roosevelt

    Even this democrat knew what would happen if people are out of a job.

    “The U.S. economy is in a massive amount of trouble” is so accurate. I recommend a book out about Americans finally taking a stand against federal tyranny cause it’s so real & about each of us. It’s that good. http://www.booksbyoliver.com

    A few days ago there were massive demonstrations in Spain, before Italy & Greece. It will eventually cross the Atlantic as our unemployment continues to rise. Great list of signs again.

  • McGee

    This isn’t funny anymore. But yet we all just sit at home and let them do what they are doing to us. It is our fault as much as Americans don’t like to hear that. Other countries riot and protest. We have Occupy but we need something bigger. This all makes me want to cry. I don’t even want to read about it anymore.

  • Gary2

    James Holmes Identified As Alleged Aurora, Colorado Theater Shooter That Left 12 Dead (PHOTOS, LIVEBLOG)

    Time to repeal the second amendment. We need to heavily restrict guns in this country. yes people kill people but they also use guns.

    Time to be like the rest of the civilized world and restrict them heavily.

    • Col. Wilson

      The facts show the more repressive a city &/or county is toward the 2nd amendment the higher the crime rates rise. This has been proven over & over again in the U.S. time & time again.

      The problem is that criminals DO NOT CARE ABOUT GUN LAWS or the BANNING OF GUNS!

      As usual you live in a fairy tale world = so sad because there will probably be a time when you will need a gun for protection & you won’t be able to get one. Then it will be too late.

      ;)

  • Dement Horizon

    Michael,

    He is sign #21

    One of the signs of the demise of an empire is the territories in the border collapse first and eventually and inevitably the centre collapses. Eg: The collapse of the Soviet Union (and soviet style communism) started with Poland.

    Contrast that with what is happening right now in Greece and Europe. The outliers are falling, and eventually the center will fall. The end of “western” capitalism. You are right when you say the epicenter of this collapse will be Europe.

    This probably is a post by itself. Someone more eloquent and bwtter informed that I am should take it on :)

  • Reality

    Hey Gary2, check this out!

    http://www.cnbc.com/id/48257611

  • SMASH THE CONTROL MACHINE

    HEY JOE WHERE ARE YOU GOING WITH THAT GUN IN YOUR HANDS????GIVE UP REVENGE BITTERNESS AND TURN TO JESUS!!!http://www.youtube.com/watch?v=yzkvWWMacyY

  • Antonio Gonzalez

    #20 Federal Reserve Chairman Ben Bernanke made the following statement to Congress on Tuesday: “At this point we don’t see a double dip recession. We see continued moderate growth.”

    Bernanke never saw nothing, only the bank account.

  • Jerry Parker

    Tell that filthy, snivelling Uncle Sam who is pointing to the reader at the end of this text to tuck tail and to “beat it” to the horizon before honest Americans grab their shot guns and take deadly aim at his carcass! The whole U.S. system is lies, hogwash, and mounting poverty and destitution.

  • Washington

    MICHELLE OBAMA’S MIRROR REFLECTIONS FROM MOTUS: THE MIRROR OF THE UNITED STATES

    http://www.michellesmirror.com/2012/07/saturday-week-in-review.html

  • Pingback: Sunday SHTF Survival Summary Week 9 | The Home For Survival

  • http://www.wearescrewed.com whitewash

    OK ladies & gentlemen get ready for SHTF party time.. . TEOTWAWKI..,coming to a city & town,or any place where you live, (later this year)
    ….GOD help us all. Amen…

  • Jimmy

    I just bought a Whopper Jr. at Burger King today. Last year it was $0.99, six months ago it was $1.29, 3 months ago it was $1.49 and today, $1.79!

    Same damn thing. An 80% increase in less than one year!

  • http://www.welcomebeach.com/ Vern Urquidez

    Love it!!!!! This video captures the personality of Greenwood.

  • French guy of Reunion island

    May be armaggedon is en route ! Some people enjoy themselves wherever they are, wherever I am, if its my destiny to become rich, I will. One thing is sure : we just live here for a while, and wherever I am, I know the promise land is not here. Jesus surrendered his will to His Father’s. Well, it’s hard to me to follow his path. But He knows I’m a bad child hoping His divine mercy.

  • http://malaysiandemocracy.wordpress.com/ AgreeToDisagree

    Nonsense. USA could simply distribute all unused land , and tell the people to grow their own crops and build their own houses, raise their own livestock, make their own leather or fur goods, compost their own sewage, collect their own rainwater or dig their own wells. End of problem, everyone gets a few acres. BTW there is no such thing as money. There is no such thing as economy or collapse. Too bad for the plutocracy or corporatocracy though! Even if education was free now, citizens will return to 1400s settler-era America! Citizens please elect ONLY a President or Governor with the above intent. Executive Order 0 (Zero) for land distribution will be that reset button America needs.

    BTW there is no such thing as poor people, jobs, concept of money or a Global Financial System or a recession or depression.

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