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20 Signs That The U.S. Economy Is Heading For Big Trouble In The Months Ahead

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20 Signs That The U.S. Economy Is Heading For Big Trouble In The Months Ahead - Photo by Frank KovalchekIs the U.S. economy about to experience a major downturn?  Unfortunately, there are a whole bunch of signs that economic activity in the United States is really slowing down right now.  Freight volumes and freight expenditures are way down, consumer confidence has declined sharply, major retail chains all over America are closing hundreds of stores, and the “sequester” threatens to give the American people their first significant opportunity to experience what “austerity” tastes like.  Gas prices are going up rapidly, corporate insiders are dumping massive amounts of stock and there are high profile corporate bankruptcies in the news almost every single day now.  In many ways, what we are going through right now feels very similar to 2008 before the crash happened.  Back then the warning signs of economic trouble were very obvious, but our politicians and the mainstream media insisted that everything was just fine, and the stock market was very much detached from reality.  When the stock market did finally catch up with reality, it happened very, very rapidly.  Sadly, most people do not appear to have learned any lessons from the crisis of 2008.  Americans continue to rack up staggering amounts of debt, and Wall Street is more reckless than ever.  As a society, we seem to have concluded that 2008 was just a temporary malfunction rather than an indication that our entire system was fundamentally flawed.  In the end, we will pay a great price for our overconfidence and our recklessness.

So what will the rest of 2013 bring?

Hopefully the economy will remain stable for as long as possible, but right now things do not look particularly promising.

The following are 20 signs that the U.S. economy is heading for big trouble in the months ahead…

#1 Freight shipment volumes have hit their lowest level in two years, and freight expenditures have gone negative for the first time since the last recession.

#2 The average price of a gallon of gasoline has risen by more than 50 cents over the past two months.  This is making things tougher on our economy, because nearly every form of economic activity involves moving people or goods around.

#3 Reader’s Digest, once one of the most popular magazines in the world, has filed for bankruptcy.

#4 Atlantic City’s newest casino, Revel, has just filed for bankruptcy.  It had been hoped that Revel would help lead a turnaround for Atlantic City.

#5 A state-appointed review board has determined that there is “no satisfactory plan” to solve Detroit’s financial emergency, and many believe that bankruptcy is imminent.  If Detroit does declare bankruptcy, it will be the largest municipal bankruptcy in U.S. history.

#6 David Gallagher, the CEO of Town Sports International, recently said that his company is struggling right now because consumers simply do not have as much disposable income anymore…

“As we moved into January membership trends were tracking to expectations in the first half of the month, but fell off track and did not meet our expectations in the second half of the month. We believe the driver of this was the rapid decline in consumer sentiment that has been reported and is connected to the reduction in net pay consumers earn given the changes in tax rates that went into effect in January.

#7 According to the Conference Board, consumer confidence in the U.S. has hit its lowest level in more than a year.

#8 Sales of the Apple iPhone have been slower than projected, and as a result Chinese manufacturing giant FoxConn has instituted a hiring freeze.  The following is from a CNET report that was posted on Wednesday…

The Financial Times noted that it was the first time since a 2009 downturn that the company opted to halt hiring in all of its facilities across the country. The publication talked to multiple recruiters.

The actions taken by Foxconn fuel the concern over the perceived weakened demand for the iPhone 5 and slumping sentiment around Apple in general, with production activity a leading indicator of interest in the product.

#9 In 2012, global cell phone sales posted their first decline since the end of the last recession.

#10 We appear to be in the midst of a “retail apocalypse“.  It is being projected that Sears, J.C. Penney, Best Buy and RadioShack will also close hundreds of stores by the end of 2013.

#11 An internal memo authored by a Wal-Mart executive that was recently leaked to the press said that February sales were a “total disaster” and that the beginning of February was the “worst start to a month I have seen in my ~7 years with the company.”

#12 If Congress does not do anything and “sequestration” goes into effect on March 1st, the Pentagon says that approximately 800,000 civilian employees will be facing mandatory furloughs.

#13 Barack Obama is admitting that the “sequester” could have a crippling impact on the U.S. economy.  The following is from a recent CNBC article

Obama cautioned that if the $85 billion in immediate cuts — known as the sequester — occur, the full range of government would feel the effects. Among those he listed: furloughed FBI agents, reductions in spending for communities to pay police and fire personnel and teachers, and decreased ability to respond to threats around the world.

He said the consequences would be felt across the economy.

“People will lose their jobs,” he said. “The unemployment rate might tick up again.”

#14 If the “sequester” is allowed to go into effect, the CBO is projecting that it will cause U.S. GDP growth to go down by at least 0.6 percent and that it will “reduce job growth by 750,000 jobs“.

#15 According to a recent Gallup survey, 65 percent of all Americans believe that 2013 will be a year of “economic difficulty“, and 50 percent of all Americans believe that the “best days” of America are now in the past.

#16 U.S. GDP actually contracted at an annual rate of 0.1 percent during the fourth quarter of 2012.  This was the first GDP contraction that the official numbers have shown in more than three years.

#17 For the entire year of 2012, U.S. GDP growth was only about 1.5 percent.  According to Art Cashin, every time GDP growth has fallen this low for an entire year, the U.S. economy has always ended up going into a recession.

#18 The global economy overall is really starting to slow down

The world’s richest countries saw their economies contract for the first time in almost four years during the final three months of 2012, the Organisation for Economic Co-operation and Development said.

The Paris-based thinktank said gross domestic product across its 34 member states fell by 0.2% – breaking a period of rising activity stretching back to a 2.3% slump in output in the first quarter of 2009.

All the major economies of the OECD – the US, Japan, Germany, France, Italy and the UK – have already reported falls in output at the end of 2012, with the thinktank noting that the steepest declines had been seen in the European Union, where GDP fell by 0.5%. Canada is the only member of the G7 currently on course to register an increase in national output.

#19 Corporate insiders are dumping enormous amounts of stock right now.  Do they know something that we don’t?

#20 Even some of the biggest names on Wall Street are warning that we are heading for an economic collapse.  For example, Seth Klarman, one of the most respected investors on Wall Street, said in his year-end letter that the collapse of the U.S. financial system could happen at any time

“Investing today may well be harder than it has been at any time in our three decades of existence,” writes Seth Klarman in his year-end letter. The Fed’s “relentless interventions and manipulations” have left few purchase targets for Baupost, he laments. “(The) underpinnings of our economy and financial system are so precarious that the un-abating risks of collapse dwarf all other factors.”

So what do you think is going to happen to the U.S. economy in the months ahead?

Please feel free to express your opinion by leaving a comment below…

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  • The “sequester” will not hurt the economy nearly as much as the lying pols claim. Since when are local cops and firemen paid with federal money? The sequester should be the start of cutting spending, and since Obama won’t do it on his own, let it happen.

    • Orange Jean

      Well in my area (Hampton Roads, VA) they have already said there will be 10,000 people laid off from the shipyards. Plus in total, # of DOD civilians to get furloughed (20% cut in wages) is in the 800,000 mark. Plus there will be a lot of other lay offs, and where are people going to find work? Oh, and I believe unemployment will be cut significantly as well. Other Federal agencies also affected. It also will have a big impact in some locations more than others (and not just DC).

      Another example I’ve heard is 2 weeks with no meat inspectors. In the town I live in the biggest employer is Smithfield Foods (that is, home of the ham) … want to bet they do lay offs because of this? And who would get laid off? Working people in the lowest wage categories…

      Even so, I’m not saying we don’t need cuts (I think we need to do cuts and big ones). AND I agree that neither Obama nor his buddies appear to be willing to cut spending and the sequestration will force that, which is better than nothing.But it would be far better if the cuts were prioritized – cut the “wants” not the needs. For example, why are we sending money to foreign countries… especially those which hate our guts? Why are women who cross our border illegally and have babies then eligible for benefits like welfare, free medical, etc.?

      And while local taxes do pay for a lot of things at the state and local level, Federal grants also do. For example, the State of North Carolina’s public health department is 60% funded by Federal grants.

      You may or may not feel that any of these things are needed, or that we need to pay for them as taxpayers… but I do think the impact will be noticeable to us all. But maybe that’s a good thing…

      • K

        Wow, I would hate to own a small business, in that area. That is going to have a very significant impact.

        • Orange Jean

          They are saying sequestration will hit Virginia the worse of all the states… because so much of our base is defense (in the Hampton Roads area) or other Federal government in the north, where many people who work in DC and commute from VA or MD where housing is cheaper.

          Parts of NC, SC, CA & TX will also be hit hard… probably others as well, but those are the first places that come to mind.

          • Orange Jean

            … and you are right about it hitting small businesses. Big time!

          • K

            No doubt your state will be hit the worst. You can add FL to your list. There is more bases in that state, than most people know.

          • 2Gary2

            i thought you conservatives hated gov and all the gov employees. Looks like gov does create jobs.

          • smallergovnow

            Gary, you are fixated on the R vs D BS. Get a grip. Big Govt at all levels is the problem. we need freedom and liberty and personal responsibility…

          • As long as everyone buys into the divisive diversion of Left vs right, or Dems vs Reps, they have us right where they want us.
            Remember when grandparents use to say “it doesn’t matter who gets elected as president, they are just a figurehead”? Guess what.. They were right then, and still right now.
            The division the government and the lackey media creates, keeps everyone fighting among ourselves, while the agenda continues without notice.

      • rat28

        They could have spend less money purchasing F-35 fighter and M1 tanks. They could have closed 30% of 100+ overseas bases. They could have cut foreign aid… Alas, the military industrial complex are too big to touch.. They decided to sacrifice the rank and file.

        • arizonadiane

          They also could have cut lots of waste and stupid policies/regulations, departments, excessive programs in WA.

  • rat28

    Won’t be surprised that the sequestration will be used by the Obama administration to engineer a stock market free fall and at the same time put up a continuing campaign effort designed to paint the opposition as uncaring, despicable individuals in order to achieve victory in the midterm elections of 2014.

    • Mondobeyondo

      I agree.

      • Colin

        There is a slide show presentation by Speaker Boehner in the summer of 2011 which revealed the extent of his party’s responsibility in the creation of the sequester. One of the points of the Speaker’s show was,

        “Sequestration process is designed to to guarantee that Congress acts on the Joint Committee’s legislation to cut spending.”

        The Republican Party is set on creating a budget where there there are 100% spending cuts and no revenue. They are set on undermining our government. “Starve the Beast”

        A weakness in the Democratic Party (not the Democrat Party) is that we too often become accomplices to those who are set on inflicting self-injuries on this nation. This is President Obama’s greatest weakness as a leader – he has allowed the Republican Party to goad him into doing what they want.

        And, for the record, unlike previous administrations during recess, the Obama administration has shrunk the number of government jobs. The statistics are at the Bureau of Labor.

        • arizonadiane

          By the way – I just read an article that Congress pay will not be affected by the sequester. Every fed dept and other employees will get the 2% cut except them… and probably Obama and his crew of 100’s.

          • J-Julie

            This makes me so angry!! While Obama takes no responsibility and does a lot of finger pointing at congress, that fireman, teachers etc. will lose their jobs, gov. including Obama, will not take a pay cut too!! Aren’t they there to serve the people??

            Also sequestration is an Obama creation and he said in 2011 he would veto any effort by congress to get around it or prevent the sequester from kicking in. He is a hypocrite and an imposter as he takes a golfing vacation with Tiger Woods while too many of the people he is supposed to serve are living out of cars, tents or literally off the streets!!!

            America is dying, people are suffering, chn. are living in poverty and on tax payer money he plays golf!!! Ahhhhhh :{

          • arizonadiane

            Exactly. It is despicable what he has done to this country in the last 4 years. And when anyone calls him on it (the republicans), it is turned around to constantly be their fault. The other despicable thing is …. the stupid uninformed population believes him.

        • stuart91

          Apologies (and no disrespect to you intended), but Mr. Obama’s greatest weakness is a combination of his utter moral corruption (and his longstanding alliance with a terrorist organization, the Weathermen), his total disregard for the U.S. Constitution, and his apparent deeply-rooted contempt for untold millions of responsible, conservative, Christian, middle Americans. And if Mr. Obama is shrinking government, exactly WHAT is he spending 16 trillion dollars on? Office supplies?

          • 2Gary2

            this is why you conservatives are thought of as so out of reality.

          • By who? You?
            I really don’t consider myself as “conservative” or “liberal”. I refuse to be labeled. However, “out of reality” is an agenda perception to make certain anyone who points out the true reality, gets ignored.
            The fact that you are posting on an article that is pointing out “big trouble in the months ahead” but see no big trouble, tells me you are either deflecting the reality as a troll, or it is you that is out of touch with reality.

          • Robert (qslv)

            Keep on drinking that green Bubble Up and eating that rainbow stew.

          • afchief

            And you are why liberalism truly is a mental disorder!

          • well it’s nice to see that you are an “equal opportunity insulter.”

        • DRNV R

          That’s actually false. Federal employment grew 13% — 250,000 jobs — from the recession’s start in December 2007 to a peak last September 2012. During that time, private employment fell 5% and state and local governments cut staffs by 2%.

    • markthetruth

      Let the Feds QE $85billion a month go to pay for it. instead of the stock market.

      the end…

    • arizonadiane

      rat28 – I agree with you on this. What is more concerning is what he will do in 2016 if the next 4 years are in the dumps. We certainly don’t need him to stay. In fact, we need to kick out EVERYONE in WA and start over!

    • 2Gary2

      its the repubes who voted on this not Obama.

      • I think by creating the sequestration (it was Obama’s idea), encouraging congress to vote on it, and signing it into law,, indicates some involvement by Obama.. No?
        Is signing a bill into law, not some sort of a vote (along with creating it to begin with) as well?

  • Mondobeyondo

    Yes. We are doomed.

    I am not a pessimistic person by nature. But it’s hard not to deny the extent of the colossal Mess this country is in. Perhaps if our politicians, business leaders, teachers, and people such as, actually gave a Hoover Dam, the situation could be turned around.

    But nobody’s even TRYING to fix it! At least TRY, man!! Stop kicking the can down the road, the avenue, the freeway..!!

    And now, yet another fiscal cliff looms. Looks like the government will run out of money by March 1st Maybe we’ll get out of this dilemma too, just like all the others. But…one day, we are going to push our luck one too many times. We’ll go over the cliff, and then we will be Officially Screwed.

    “If it ain’t broke – fix it until it breaks!”

    • Orange Jean

      Technically speaking there are 3 significant dates in March:

      * March 1 – sequestration kicks in if it is not stopped
      * mid-March (I forget the exact date) – we hit the deficit limit
      * March 27 – Federal government runs out of money (yet again), if no continuing resolution or other plan… we shut down

      • Willing And Ready

        And March 19th-22nd… Why you ask? Because historically speaking on those dates during the “Spring Equinox” (like this Spring) we started wars in Iraq, Lybia and Afghanistan. Could the next war start this March during that time frame in the Spring Equinox? We’ll soon find out.

  • Mondobeyondo

    For those who have finally gotten enough, and are totally fed up — here’s where you can find some of the people in charge. You can try sending them a letter, but remember, the U.S. Postal Service is eliminating Saturday delivery (Why? Because they’re broke, duh!) So send your letters to these people by Monday evening, to ensure timely delivery.

    President Obama – golf course on Maui, Hawaii

    Vice President Biden – golf course on Maui, Hawaii

    Nancy Pelosi – drinking coffee in the White House Tea Room

    Supreme Court – they’re going on vacation in May, better file your case in the next few months

    Internal Revenue Service – no need to find them. They’ll find you first

    Senator John McCain – yep, he’s still in Arizona

    Sarah Palin – who is she??

    George W. Bush – barbecue at ranch in Texas

    Marco Rubio – golf course at Miami, Florida

    Well, there ya go. Is it totally hopeless? No, it is now.

    I meant NOT. NOT, not now.

    No, it is not. Freudian slip…

    • Tim

      Jesse Jackson, Jr. – Federal Bureau of Prisons

      • MeMadMax

        Yea, in the yard havin’ a tea party with the other “guests”…

      • Hambone

        DC found its next mayor…

    • Hambone

      Bill Clinton — Mustang Ranch

      • Jodi

        Good one!

    • Jodi

      Great list! Hillary Clinton ~ out somewhere getting drunk on wine.

    • 2Gary2

      that’s pretty funny–good post

  • Mondobeyondo

    Has anyone checked the Baltic Dry Index lately? I haven’t – and I’m sure if I want to really. Maybe I should though. It’s a better indicator of world commerce than the Dow Jones or Nasdaq is. Most Americans have never even heard of it.

    Lower demand for basic raw goods, means higher prices and major pain for retailers. That’s why many retailers, including Wal Mart, are suffering.

    “Wal Mart suffering?”, you say? Yes, Wal Mart.
    “But.. they are the mightiest of the mighty retailers! Wal Mart is invincible! They can’t possibly be hurting!”
    Um, yes they are.

    Can you see where we’re headed now?

    • Mondobeyondo

      “and I’m NOT sure if I want to really…”


    • Orange Jean

      You’re darn right that I never heard of it. Baltic Dry Index sounds like some kind of wine.

      • Mondobeyondo

        I wish it were wine!!

      • Ralfine

        Shipping. But not including oil.

        en. wikipedia. org/ wiki/ Baltic_Dry_Index

    • bilejones

      “Lower demand for basic raw goods, means higher prices”

      Thanks for the laugh, imbecile.

      • Mondobeyondo

        It’s okay. I do make mistakes every once in awhile.
        Even Babe Ruth didn’t have a perfect batting average.

        • markthetruth

          I don’t think your in the same league as The Babe.

          the end…

          • Mondobeyondo

            No, not quite. But if I can get my batting average up, I might be the next Mickey Mantle. Ha!

      • Mondobeyondo

        And while you’re at it, you can tell Hurricane Sandy to just blow me….

    • smallergovnow

      bdi remains at decade lows, bouncing off the bottom (barely)….

  • __

    one can only hope that Gary will lose his job from sequestration. oh wait, he collects SSI and lives in his mommies basement. he is another typical white woman, LMAO. Who said that first? LOLOLOLOL

    • Big Uncut

      And where are you living? Your daddies attic?

      • 2Gary2

        He lives in his daddies attic prying apart the stuck together pages of his daddies playboy magazines from the 1970’s, trying desperately not to ruin the pictures.

        • Roger Smith

          Gary, now don’t you dis’ on my Barbi Benton. Ha ha!

  • Traffix

    Sequester needs to happen, there will never be a “good” time to reduce government spending. Sticking a pin in the bloated government is a good start towards personal responsibility.

    • rat28

      The Sequestration is definitely a good place to start with fiscal responsibility. However, the sequestration will be used by Obama as a continuing campaign effort designed to paint the opposition as uncaring, despicable
      individuals in order to achieve victory in the midterm elections of 2014. We already see the last few day how the propaganda machines aka MSM have been fear mongering with absurd claims that the sky is falling. If we look at the cut involved , it is really a drop in a bucket.

      1) We are talking about $85B on a $3.5T budget!

      2) We just spent $60B for Hurricane Sandy…. just to put things in perspective.

      3) The Fed is “printing” about $85B a month, just for the record.

      4) HALF of the cuts are devoted to DEFENSE.

      5) That leaves about $42.5 in purported social cuts which will supposedly result in the entire federal government coming to a grinding
      halt & the loss of 750,000 jobs???

      6) Police, Firemen, Teachers and 1st responders are not on the Federal payroll…. so this is yet another red herring.

      Perhaps someday,President Obama may decide to actually start to govern and stop this endless campaigning. I
      But meantime, the American public will continue to endure crisis after crisis and an economy teetering on the brink of another recession all so that he can achieve his ultimate goal of eliminating the opposition Party.

      When will the American people (now 5 years into a presidency) finally wake up and begin to hold this President accountable for something?
      Even if it is just the proposals that he himself put forward!……..The sequestration was President Obama’s idea in the 1st place (see page 356 Woodward book)

      • TtT Engine

        Hey you stoned out lefties and you Judas Catholics who voted for this “fundamental transformer”. Will see how far the thirty pieces of silver gets you. Wait to you see what’s coming. You aint seen nothing yet. Cling tight to you Bibles and your 2nd Amendment. You going to need them. Christi Fidelis !

        • 2Gary2

          again–this makes you conservatives look like wacked out nuts to the majority of people.

          You need to loose the Judas/30 pieces of silver nonsense. You will never be seen as anything but a buffoonish nut,

          • TtT Engine

            If your God is Governmentos and Environmentos and you’ve declared war on the God of Abraham, the Holy Bible, the Ten Commandments and our founding Judaio-Christian value system then yes, we R/W/B conservatives would fit your left wing definition of buffoonish nuts. You lefties, if you even believe in God, do so exclusively on your terms, have made up your own rules and have bs’d many lost souls into buying into it. Yes, that includes all the Judas Catholics that have voted left since the days of the father of abortion, Teddie Ken Eddie. Judas turned over Christ for 30 pieces of silver and the modern Judas Catholics did the same with their abortion death vote and sentencing. “Whatever you do to the least of my brethren [the unborn], you do unto me”. The SILENT MAJORITY still believe and live by our founding principles. I highly doubt our election process is valid any longer. George Soros got his demonic hands on the process. I would love a peaceful separation from you all on the left that have destroyed this once great nation since 8+15+1969. We have unreconciliable differences. In 10 years when the cess pool of your work and value system implodes on you, those of you that are still standing, may see the light that we R/W/B constitutional conservatives have never lost sight of. I wish you well. Christi Fidelis !

          • k1mbr0

            What sets Christians apart mainly though is our love, not only for fellow Christians, but our enemies as well. Not to mention our sincere humility in admitting and understanding that we all fall short of the glory of the almighty God.

          • TheScienceEnthusiast1130


            STOP using religious/politically conservative propaganda to support the ignorant agenda of the politicians (*cough* The “Pope” *cough* “Barack Obama” *cough*).

          • 2Gary2

            Have you ever read the Gospel of Judas?

          • 2Gary2

            oh yea does R/W/B mean Redneck/White/Bisexual?

          • TheScienceEnthusiast1130

            Agreed. 🙂

      • Hambone

        I have no doubt he will use this to his political advantage and probably secure his third term.

        That’s great perspective… and I agree. When I saw that $85M figure, I figured that was a drop in the fical bucket.

        What I can’t figure out is why such a large portion of the population believes this clown.

        • 2Gary2

          Yes Obama has been and continues to be a huge disappointment, however, he is WAY better than ANY of the republican running against him. Obama is a moderate republican and you can deny this all you want but simply look at the facts.

          The problem is that we do not have someone who truly represents us. We have a choice between bad (obama) and terrible(republicans)

        • Roger Smith

          Totally! If I squint my eyes when I look at this guy, I can almost see Jim Jones….all his followers chugging the Kool-aid.

      • Obama was created to campaign. No one bothered to think about the fact that when he was a freshman senator, he voted either Present or was absent.
        It’s never been about leading. It’s all been about following the agenda and doing as he is told. He’s an actor, saying what’s been handed in notes or on a teleprompter.
        Of course Romney would have been no different.
        Americans prefer the warm solace of glossy rhetoric over the cold bite of reality and the truth. Americans vote for the best liars.

      • Stupid college kids voted in Obama. A lot of Christians would not vote for Romney, due to his Mormon faith. We are stuck. Come, Lord Jesus, come quickly!

        • Guest

          Grow up… you all have the mentality of children. We are not stuck, the only people who are stuck are those who refuse to accept facts… the economy will survive. Your job on the other hand probably won’t… robotics is taking over and I only wish it would move faster. For those that depend on jobs I would highly recommend learning how to invest and stop wishing the world would end. You are part of the problem when you wish for the end. Those of us who don’t always have to clean up the messes you make.

          • Terry

            I predict you are going to get shot while trying to loot somone’s food.
            How can you even think that any country can borrow and borrow and print and print money and NEVER reep the consequences? If this TRICK actually worked NO civilization would ever have fallen.,,, yet they all have failed when the governments got so big and irresponsible the citizens were crushed.

        • TheScienceEnthusiast1130

          “Jesus” does NOT exist. Only the religious/politically conservative people, such as the politicians and so on, would tell you that to deceive you.

    • Obama wants the sequester. It will allow him to blame the Republicans and get total control in 2014. Then he can finish us off.

  • Philip Gossett

    The sky is falling

    • yaridanjo

      It will be soon enough.


    • markthetruth

      It just fell in Russia !

      the end…

    • Chris

      Philip is NOT your real name, I hope.

  • WM

    I am seeing things deteriorating. I am on my 4th job since 2009, with almost 2 years of being unemployed in the midst of that. All becasue of economic slowdown. My company closed In December, and I was fortunate to find another pretty quickly, but, today everyone was standing around…and we ended up cleaning the machines, and it looks like there is VERY little work coming, so I may be out again, as I am the new guy.

    I am seeing more and more stores and building becoming vacant and companies closing. Sure there are areas in this nation that seem to be doing better economically, but the USA is nationally sick and in very bad economic trouble.

    Most of us who come here are pretty much likeminded, yeah, we have our disagreements, but we are all aware of whats going on, unlike the blind sheeple who believe the lies of the media and the government, and refuse to take a hard look at what is really going on.

    I fear that this nation is too far gone, too broken for any repair, morally, politically, economically.

    Peace and grace to you all, stay strong and fasten your seatbelts, I think really rough times are coming. Prepare while there still is time.

    • Tim

      “…but, today everyone was standing around…and we ended up cleaning the machines, and it looks like there is VERY little work coming…”

      Do you work in manufacturing?

      • markthetruth

        The Sad thing is the only thing we manufacture in this country is bubbles that burst.

        the end

      • WM

        Yes. I am a CNC machinist.

        • snallergovnow

          wm, thanks for your original post. best of luck my fellow man….

    • El Pollo de Oro

      WM: I feel the same way and agree that “the USA is nationally sick and in very bad economic trouble.” I look at the evidence, and a mountain of cold, hard evidence indicates that The Banana Republic of America has passed the point of no return and crossed over to the dark side. The situation is also quite daunting over in Europe. These are dark, dark times we’re living in.

    • Mondobeyondo

      You’ve had 4 jobs since 2009? Good for you! I’ve been unemployed longer than Michael Jackson’s been dead. I got laid off one week before MJ passed away.

      • DiscouragedOne

        I have too (4 jobs I mean), but I am a contract worker most of the time, and that is how it goes. And here I sit with insomnia when I have to go to work tomorrow…ugh…stress!

      • Alasha

        you are absolutely amazing!!

    • Mondobeyondo

      Crash and Burn.

      Don’t know how the crashing part is going… but we’re burning pretty good. Hate to tell you this, but it’s only going to get worse. Sorry. You had to hear it from someone. It might as well be me.

      Jesus Christ is the way out. The ONLY way out.

      • markthetruth

        If everyone was following his ways, we wouldn’t need a way out.

        the end…

      • Michael

        If you dare to investigate the entire story regarding what we are going to face, details about the Mayans and other cultures, answers to mysteries etc. …. an excellently written book with stellar research showing undeniable truth – read Steven Quayle’s ‘Angel Wars’. It’s a blockbuster, sure you will never be the same after connecting the dots.
        Many biblical references and ancient texts which correlate with each other.

      • Lars

        That’s the way that got you in this place to begin with. The Bible’s doctrine negates life and growth. It’s a formula of war against life, even against Jesus’ own will. Almost all of the epic stories of the Bible are also copies of previous myths in ancient times, stolen, to gain power upon- and control the resentful masses. The “Gilgamesh flood myth” for example, just to pick one.

        Jesus’ doctrine was a way of life lived with love and humbleness, not an instruction of war against the sufferings of life. This corruption caused by the Bible’s doctrine is nearing it’s end.

        “In truth, there was only one Christian, and he died on the cross.” -Friedrich Nietzsche

      • TheScienceEnthusiast1130

        Religious/Politically conservative people (*cough* YOU *cough*) are the ones responsible for all of the issues at “United States of America”.


    • Ralfine

      That’s why it is so important not to spend as if the money supply is indefinite.

      Save where you can and always pay credit card debts before interest is incurred.

      Forget fashion. Buy practical, long-life clothing, and mend it before putting into the washer.

      Where possible buy locally made goods, if they are good.

      And if you have the time, do something useful.

      I helped the Park Rangers yesterday to lay a hedge the traditional English way (unpaid). I learned something and they got the help.
      And it is cheaper than gym membership.

      • t

        Pay off my credit cards?

        Hate to break it to you but if you see an imminent banking collapse this is the time to max them out on the things you need to survive.

        We bailed out the banks and got kicked out of our houses for it. When they come to repo my survival supplies they can have the empty cans.

        • Ralfine

          Yes, that’s the other way to go.

          Either live totally debt and interest free or don’t care about bancruptcy and repossession.

          I myself have too many possessions I care about, including a house. So I try to avoid any unnecessary costs to repay that loan.

        • Dash

          YOUR mentality is what got us into this mess. If you continue this way, we are SURE to collapse. Be the bigger the bigger person and learn to live within your means.

          • Terry

            Obviously you don’t think we are passed the tipping point. I would agree with you if I weren’t convinced that we are on a steep glideslope to economic disaster.

        • Terry

          I have been pointing out the same thing for a long time. Finally someone else sees the same point.

      • jaxon64

        this is an excellent point ralfine…I recently arranged with a local peach grower/orchard to allow me to follow them around and work for free this spring for a few weekends–the reason?
        I have 2 nice paddocks and stables that I had been allowing the local horse recue people to use and I got a tax break for it non property tax and as charitable. To cut it short, new regs and taxes have made it not worth the extra cost in homeowner’s insurance so I’ve decided to plant fruit trees in those fields.
        I know nothing about fruit trees but I seem to have a naturally green thumb judging by my booming vegetable gardens every year.
        So..some “free” labor for my local neighbor’s orchard ( peaches and apples) and a nice internship for me to learn a new skill….win/win.

    • markthetruth

      Confucius Says:

      Distant water won’t help to put out a fire close at hand.

      the end…

      • 2Gary2

        ha–that’s so true. The fact that people in third world are getting out of poverty does nothing to h help put food on my table.

        • Robert (qslv)

          Who puts food on your table?

          • TheScienceEnthusiast1130



    • programmer

      I’m in my 3rd job, this is not surprising at all. And my current boss is pissed at me, so very well might have to look for a 4th one soon.

    • Alasha

      Godspeed!! You are in my prayers WM – please knw you are not alone

    • Michael

      The International Banking cartel of central bankers/fractional banking/derivatives/stealing through the FED and laws omitting the favored… have long planned to pump this bubble, get bailed out and prop up other economies. The ruling classes want to destroy our freedom and liberties and form a transhumanism style society under the Agenda 21/I.C.L.E.I. – Hunger Games type scenario. seriously happening as everything that is healthy is being demonized (Monsanto and Big Pharma) Drugs are being handed out like freakin’ candy, and they want our self protection taken away? Anyone who survived the Nazis or Stalin or the commies elsewhere are shaking in their boots. They recognize the playbook big time!

  • VegasBob

    Today we saw a foretaste of what is coming. The stock market had a hissy fit upon the release of the January FOMC (Federal Open Market Committee) minutes, which indicated that resistance on the committee is building to Bernanke’s nonstop printing of counterfeit electronic dollars. Currently, the Fed is printing $85 billion per month of counterfeit electronic dollars, a run rate equal to over $3,000 per year of counterfeit dollars for each man, woman and child in the US.

    It is not a coincidence that the stock market stopped falling and started rising in March 2009, just as Bernanke revved up his printing presses and began flooding the US economy with counterfeit electronic dollars.

    The US economy is like a brain-dead patient in the intensive care ward, being kept alive only through continuous injections of Bernanke’s counterfeit electronic dollars. When Bernanke is finally forced to shut down his electronic printing presses, the stock market is going to plummet, and the resulting economic depression is going to make 1929-1937 look like a walk in the park.

    • 007

      Good analogy, the US economy is on life support but kept alive by a cocktail of injections by Bernanke, government spending and the life blood of the few remaining productive working citizens. Thousands of these blood donors die every day to feed the beast.

      • VegasBob

        Yes 007, there is no doubt that the productive members of our society are being overwhelmed by the armies of mendicants lining up for government handouts.

        And I don’t think any of Bernanke’s counterfeit dollars are winding up in my pocket. Instead, my food and energy costs are going through the roof.

        I have some news for Mr. Bernanke. $4 for a gallon of gasoline and $5 for a pound of ground beef is NOT economic recovery. It is INFLATION that has resulted from Bernanke’s money-printing.

        • Jagrick

          There isn’t enough jobs for those out of work so you people that continue to basically degrade people who are on food stamps and other forms are living in glass houses and I for one want you to fail so you can get off your high horse and know what it is like to bleed.

          • 2Gary2

            Yes conservatives are very hypocritical. They have the mindset of I got mine screw you as they pull the ladder of opportunity up after them by not investing in the future.

        • arizonadiane

          Totally agree!! It has been very noticeable since Jan 1. Oh, yes, and gas has gone up 50 cents in just as few months. Obama’s response was…use less oil. Wait until his EPA shuts down more power plants, which they plan on doing where I live very shortly. I know it was getting bad when Bush was in, but nothing like it is now in just the short (really long) time since President jerk has been in.

    • MeMadMax

      Now, if it had been left alone, as in no bailouts, no tarp, no cash for clunks, no anything, we would actually be on a real recovery, if even a recession even started.
      The big banks would have been wiped out, nuked, smashed to dust and blown away, YES! But, almost immediately, 20 or more banks would have taken their place and the financial industry would have a… pause… so to speak, like the tech bubble burst before. But in the end, it would have been out with the old, few, and in with the new, lots, and lots, of competition, between the new… But no, the old order of banks grabbed the gov by the balls and forced it to keep it alive… oh well, economics is like mother nature, it will find a way, eventually!

  • JW

    We have faced arguments for the beginning of a new dark age in the first years of the 21st century since God knows when. At least since about 1950. Any number of arguments, first, based on esoteric theories and historical considerations, and, later, butressed with more practical and obvious arguments discussing developing failure and refusal to confront the obvious. This is truly a ho hum discussion to all who cared to look.

    There is likely no final outrage in history. We may be about to take the next step down in the next few months. Whatever you care to call disaster surely it will come. It already has for many. If you are still looking forward to it maybe the next step down will toll for you.

  • markthetruth

    While where buying electronic junk. CHINA is buying up all the WHEAT from around the world. While we will have a water shortage , we are fracking polluting the ground water. We need to right our priorities.

    the end…

    • PB

      Something about Honey Boo Boo and her revolting lard-arsed mother that sums things up so well. While you were watching the butter-monster freakshow, eyes agog, the pick-pockets moved through. Now they are ringing you with steel in the form of militarized, accountability-free police and drones, and disarming you. America, its resources and weaponry are the prime target of their larceny.

    • Ralfine

      Yes, they have their own food problems.

      All of their rivers are so polluted that the water cannnot be used for agriculture. 60% are beyond hope.

      Lots of farmland is changed into concrete jungles. Factories, housing, shopping malls, parking lots, streets, etc.

      Flooding destroys crops. The population is still rising.

      They can’t afford food riots. And since they have trillions in foreign reserves, they buy anything they can.

  • Daveyl

    According to our local media, everything is fine with the economy. One television station broadcast the upturn of shopping at a local retailer as evidence of Obama’s economic programs benefitting businesses. Housing, also, is supposedly on the rebound. We’re going to see housing sales increase, and prices rising in the real estate market, according to recent media reports. I’ll have to take each of these developments with a grain of salt. With sloganism bouncing around our economic news, including terms like “Fiscal Cliff” and “Sequester” marking some pending economic downturn, it would seem we’re being being kept in the dark about our future prospects.

    • Tim

      Some areas of the country are doing really well. And real estate prices in some areas are rising.

      • __

        detroit RE is available for pennies, go gary go

        • 2Gary2

          I do not want to live by you

          • DiscouragedOne

            Good, there are already way too many like you in that area, we don’t need more!

        • DiscouragedOne

          But in the burbs where I live (not everywhere but where I live) prices are going up, well they went up then went down a little, we will see what happens next.

  • yaridanjo

    A financial catastrophe is preceding an apocalyptic catastrophe by a few year.


    The last Pope (Peter the Roman) will be soon elected,

  • bilejones

    “Reader’s Digest, once one of the most popular magazines in the world, has filed for bankruptcy.”

    For the second time in 4 years. That a CIA house organ dies is not bad news.

    ” If Congress does not do anything and “sequestration” goes into effect on March 1st, the Pentagon says that approximately 800,000 civilian employees will be facing mandatory furloughs.”

    This is great news, the world will be a safer place and the taxpayer less raped.

    • Orange Jean

      Sorry, I’m a DOD civilian… would get furloughed… and I AM a taxpayer (both Federal and state), same as anyone else. My income tax rates are in the highest category for my salary, because I am single, no dependents, no house (therefore not enough to be worth itemizing). I paid about 35% of my income last year in combined Fed & state income taxes.

      Oh, and I can’t imagine why anyone would think me losing my job would make the world a safer place (what I mostly do is keep track of certain types of injuries, like TBI, for the Navy & Marine Corps).

      And I have never “raped” anyone, in any way (sexually or otherwise).

      This does not mean I don’t think we need to make significant cuts in government spending – I think we do, but we ought to prioritize where the cuts are that are cutting “wants” not “needs”.

      • Ralfine

        So you are a tax payer? But your salary comes from the taxpayer in the first place.

        The taxpayer doesn’t have a choice whether he can pay your salary or not.

        That’s what’s called “rape” above.

        You take more from the system than you can give back. From that POV there is no difference between you and a welfare recipient. You probably get even more than one of them.

        And as part of the US Army/Navy you contribute to collateral damage, killed civilians, the hate towards America around the world and support indirectly terrorism.

        Which in turn leads to more government spending of taxpayers money that lands in the pockets of the owners of that huge military-industrial-complex.

        And even more debts and job cuts in police and health care.

        • Orange Jean

          I find your comment that there is no difference between me and a welfare recipient offensive… and I do not take more from the system than I can give back.

          If you are only talking about exchanges of money, that would be true. But unlike a welfare recipient I do not get paid for nothing… I get paid for WORKING hard for 40 hours a week, at highly skilled work.

          I have chosen to use my God given brain and analytical abilities to work for a living.

          That’s why I get paid what I do … and by the way, it’s in support of health care. Sounds like it’s people you think deserve health care, but I think they do.

          • Orange Jean

            That last sentence needs revising to “sounds like it’s people you think don’t deserve health care, but I think they do.”

          • Ralfine

            As I said, all you get is coming from the taxpayer.

            In return you repair soldiers to go back overseas killing parents and brothers and sisters and children of future terrorists.

            (It’s all fine on a micro-level of humanity for every single person receiving that health care. )

            The welfare recipient was probably a former taxpayer that didn’t create terrorists.
            Who knows?

          • K

            Jean to the loonies, all Government employees are bad. No matter what function you perform. Those truly in power, have stirred them up.Soon all Government employees will not be safe.

          • Orange Jean

            Well, at least today was a good day… I actually found Ralphie’s negative comments backfired… because it made me reflect and remember exactly why I am doing my job.

            I feel it’s an honor and privilege to do the work I do. At lunchtime I was reminded just who I work for, when I saw a few guys in the food court… 2 with broken legs, one with one leg missing. None of them were whining and complaining either. They are the reason I do the work I do now.

            The thing about all Government employees not being safe is plausible, but not sure there’s anything I could do about it. At least if that’s the case being here maybe still my best bet, since the vast majority of people working in this area are in the same boat.

            Other than worrying about it (which I doubt helps)… got any specific ideas?

          • 2Gary2

            orange–when you play with fire you will get burned, Conservatives are not your friend any more than you thinking you will be one of the 1% someday if you keep shilling for their interests.

            As a gov employee you are their enemy.

            You should really be a progressive.

          • Orange Jean

            I don’t find your attitudes “progressive”… mostly I think they are very naive.

            And I am pretty conservative myself (at least fiscally conservative). And I used to be liberal, until I grew up.

            Very few, if any, of your posts make it sound like you are a happy or content guy….

        • arizonadiane

          Good grief!! Orange Jean has a government job, so does a lot of people, but they are not the problem. WA is the problem. You are being very very stupid with your comment! I for one am grateful for our military. I am disgusted though with the way Washington politicians choose to deal with them.

          No one wants wars, but the military is forced to do the bidding of WA. If I had my way, all of our military would stay in the US and protect US CITIZENS. But I am not an overpaid, bribed Washington politician.

          If you are going to put people down, go to the ones who are actually ruining this country.

          • Ralfine

            The motivation of the government employee might be fine, but he is still a recipient of taxpayers money.
            No matter how much tax he or she pays.

            And since the Nuremberg Trials it should be clear that “just following orders” is no valid excuse.

            People have a brain and if they don’t like going to war they should stay home.

            And actually, where actually did the American military protect America since the end of WW II?

          • arizonadiane

            what?????? point missed I guess.

          • Ralfine

            Exactly where did the American military protect America against foreign attack or invasion?

            9/11 was a huge failure.
            Vietnam was in the process of attacking America?

            So, the American military is consuming trillions of american taxpayers money and just making more enemies around the world by “accidentally” killing their families.

            Oh yes, American business interests are protected. Businesses that ship jobs to China and profit to the Cayman Islands.

          • Orange Jean

            Thanks for the kind words.

            Well, old Raphine is from England you know…. I don’t really know why someone from another country would be so focused on the topic. And Gary is living in his own fantasy world I think.

            I found all the negative comments backfired. Reflecting on them, I felt totally energized today at work and I am grateful to have the opportunity to serve in this capacity. I know the work I do helps our wounded warriors, because the docs who I provide data to tell me it helps them do their job better. I want to help them because I feel like they are helping to protect me and my family. And I do wish they could do more to help our own citizens, rather than focusing so much on other countries.

          • arizonadiane

            Jean – you ARE doing good work. And I personally want to thank you for what you do!

            It is very sad that our military puts their lives in danger for people who apparently now could care less. I am sure Gary and Raphain and many others wouldn’t even have the courage to even thank them for their selflessness. I’m sure those two would turn and run if they were faced with what our military does every day.

            This is certainly a different population than our parents who stood by their military in WWII. But it is the “me” generation now unfortunately. What can Obama give me while we taxpayers pay for their free stuff.

            However, I do hate that we have put our military in so many places countries that hate us, and feel it is time to re think all of this. AND QUIT GIVING these countries OUR MONEY.

            But we have people in Washington who most have been there WAY past their prime who are not working for us, the taxpayers. That is why we are in the mess we are in now. NOT because of the military, because of the people in Washington who are living the high life on our money. The Washington people who are taking bribes from lobbyists and work for them, not us. And it includes Obama and his big government.

            We need to kick them ALL out. But how do we do that?!!

          • Orange Jean

            Thank you!

    • DiscouragedOne

      Honestly, I used to love Reader’s Digest, but it has been going downhill for years, that is why I stopped reading it many years ago, and I am not the only one.

    • 2Gary2

      Yea the readers digest has really gone down hill. It used to be good in the 1990’s but now it is trash.

  • Orange Jean

    I do think we need to cut government spending, big time. However, the sequestration plan is cutting everything equally, no priorities set. SO… to give you an example of what this might mean at the household level.

    Supposing you current have the following monthly payments in your budget (I’m trying to go for something like a typical family might have): rent/mortgage, food, heat or AC (depending on where you live), electricity, phone, car payment, gasoline, clothing, health care/insurance/co-pays, TV/cable/internet, babysitter/day care, entertainment, vacations. Now suppose you lost your job, but were fortunate at least to be able to get 1/2 your former salary in unemployment. Would you cut the following in half?

    * rent/morgage (opps… there goes the house)
    * food (maybe, hope you like vegetarian or Ramen noodles)
    * heat or AC (well in some places you could do fine cutting way back… but you’d freeze your butt off in NH in the winter, fry up in Phoenix or Florida in the summer)
    * electricity (you probably could cut back, but many not by 1/2)
    * car payment in 1/2? loose the car

    ** but the other things you could probably cut way down on or eliminate. Not necessarily fun, but a lot more fun than losing your house!

    Sequestration is like cutting your rent the same % as your entertainment & vacation costs….

    • __

      bologna, it will amount to 44 billion in cuts to a 3+ trillion dollar budget

      • Orange Jean

        I’m not saying its a big enough cut, it’s not.

        We need cuts and we need bigger cuts than that… but they need to be well thought out and cutting what we don’t need to be paying for in the first place.

    • Ralfine

      Car payment? Why not pay the car in cash in the first place? Then there is no interest to pay.

      And second hand cars shouldn’t be that expensive. In England you can have one for a few thousand pounds. You can even go for a much cheaper one if you are local and know the garages.

      Same for the house. Americans didn’t have a war on their soil for centuries. All housing should now be paid off by their grandparents. Unless they took out a mortgage that was way over their head (borrowing that money from you in fact).

      If you have a reasonably small house (25sqm/person) and insulate it properly, you don’t need much to heat or cool it. Low energy houses use about 50kWh/sqm and year. And if it’s your own property there are so many choices how to do this.

      All that “green” stuff being preached on for years and years and years – it saves a lot of operating costs.

      In Winter we usually heat only 1 room, if the temperature is around zero celsius. 2 Rooms if it drops below. Kitchen and bathroom are not heated. The kitchen heats while cooking, and a cold bathroom cuts the time needed for shower and other activities. Bedrooms are never heated, or maybe when the temperature drops below minus 15 celsius outside.

      But we have heating blankets; which use only 15W. With a good down quilt you are covered.

  • We are living at the end of time, the Bible says, “And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.” (Revelation 13:16-18) no man might buy or sell, a plannned collapse of the world economic system, so that a new system can be implemented by “the merchants of the earth” or “the great men of the earth” (see Revelation 18:3&23). The “great men” are playing with the lives of the rest of us. But God sees and knows all, he hears the cry of the little man, and He will answer, very shortly”…the end is come…” (Ezekiel 7:2)

    • __


      • Fact is that Jesus Christ is coming anytime is because there are so terrible in this world, not only economics but other issues too…like earthquakes, war, faminie and disease…Read Matthew 24. There will be worse than what people can say. Keep preach His gospel to others before it’s too late…Thank you and God bless!

    • 2Gary2

      you better stop coveting your neighbors oxen or magog will get you

      • k1mbr0

        Your comment actually makes no sense.

  • Steve

    My wife works for Fedex in Southern California. She is at a “station” where the trucks come in, unload, sort, reload and off to LAX for transit. She is saying that since early January nightly volumes have declined sharply and have stayed low.
    In 17 years of working for Fedex she says that she has never seen it this slow on a continuous basis.

    • It is all about to hit the fan get ready.

    • MeMadMax

      Shut down because small business puckered its rearend over obamacare and the banking reform crap that all kicked in this year.

  • Moconserv

    Here in the midwest – just seems like everyone is “on edge” and verrrrry cautious with everything.

  • Barterninja

    My area is one of the areas seeing businesses coming in, but I would not be surprise when the bubble burst… Well, the recovery we been seeing will go bye-bye. Upside for my area, though, is we have lots of farms as it goes from small city to rural country side the latter I live deeply in. We still have lots of woods, farm land, and hunting leases, so food(for those who know how to get it) won’t be too bad. I am stocking up on seeds and physical. We have a good deal of food between the three households of my family lives in as we hunt and I am planning to add more with my paycheck.

  • timeaus

    everyone here. Lets get to the root of the problem. Its the fractional reserve banking system where all money issued by the Fed is issued as DEBT. Watch the youtube movie Money Masters or Zeitgiest . Learn about the root problem, first.

  • Makati1

    Time for another false flag that starts a war somewhere. Gotta have a big distraction and reason to print more Charmin dollars. WW3 here we come!

  • One part of Item #13 is good. We won’t be able to be the “policeman of the world”. I don’t like spending money to protect other countries. They have been around for many years and haven’t even tried to set up their own police force or military for their own protection. Instead they grew too dependent on the U.S. and the taxpayers to provide protection.. Time they stand on their two feet.

  • drbuzzsaw

    In the future Food and safe water may well be worth more than gold, something to think about. Food, Water, Water Filters, ammo, guns first then Gold and silver

  • mleblanc138

    How long until 2Gary2 claims that this can all be solved by “taxing the rich?” Said rich can just pack up and move elsewhere, just like “the rich” in France are doing as a result of France’s “tax the rich” policies.

    • 2Gary2

      other than the actor people are not leaving. People do not move just for taxes. That is a right wing lie–one of many

      • __

        libs are a disgusting joke, you are a no information voter and live in mommies basement

  • 2Gary2

    Tax the rich and corporations (both have record profits) and spread the wealth. People will have money to spend which creates jobs.

    • afchief

      This guy proves that liberalism truly is a mental disorder!

      • Ralfine


        In the rest of the world liberalism is understood as “as little government control as possible”.

        Which isn’t really true as the military-industrial complex couldn’t survive without the government giving them all that taxpayers money and getting all that tax and making more debts.

        And it’s all those wars that make America hated all over the world.

        • __

          why do you suck the liberal marxist penis?

          • Ralfine

            It’s fun how you can control people by just using tongue, lips and breath.

  • kinky

    Hmm… why don’t ya start paying your taxes directly to Israel, instead of giving aids? Why not invade Iran instead of supporting Al-Qaeda in Syria and take a short cut for kissing Israel’s bottom? Why not kick on Hagel’s butt and outsource Defence Secratery post to Israel’s Benjamin Netanyahu? Why don’t you realize that absolute submission to Israel is the only way out of this mess. You want to get back on your feet, make sure each American is tweaked to the Program.

    • HerrinSchadenfreude

      Watching the Republicans throw such fits over Hagel calling them out as AIPAC shills rather than actually debunking his claims and handling it that way is comedy gold. I must tell you.

  • Syrin

    We will default, our currency will collapse. The liberals like GARY have spent every last dime we don’t have for their own greedy needy purposes. There is no mathematical means to recover. Prepare for the collapse. The gov’t is, and it involves lots of bullets, assault rifles, armored vehicles, and shooting targets depicting pregnant women.

    • Hambone

      I saw that article about the shooting targets with pregnant women and little kids. Wasn’t the product line called “no hesitation” or something like that?

      Shocking… you know that was for the government.

    • 2Gary2

      Syrin–us progressives have not even started to remake this country into a more equal society like the Scandinavian countries.

      We have just begun to tax the rich and spread the wealth.

  • Mondobeyondo

    Sears will not be here in 2018. Not in its present form.

    Neither will K-Mart (Sears is their parent company).

    Neither will J.C. Penney.

    It’s truly sad, because these are companies that have survived world wars and depressions. Okay, maybe not K-Mart.

    There was a time when you’d receive the Sears “Big Book” in the mailbox, and you’d start making your wish list for Christmas 1948, or Christmas 1955, or Christmas 1977, or whenever. No longer.

    Times change, we’re all aware of that. But — and this is a casual observation – we’re throwing away our legacy. Tossing it right out the window. Pan Am used to be a huge airline. One of the largest in the world. Now you can read about it on Wikipedia. Just like the Titanic, and the Lusitania. Same with TWA. And Eastern. US Airways, join the crowd.

    Montgomery Ward used to be the place to go. I bought my very first camcorder at Wards. My mom bought a TV set for my bedroom, at Wards in 1974 for Christmas. But you can’t go there anymore. It doesn’t exist today.

    For those of a certain age (no, I don’t mean under eighteen!) – you could go to Sears and get quality tools. Craftsman brand tools and wrenches – the best. I miss the old Sears. The Kenmore refrigerators, washing machines and dryers that wouldn’t break down the moment you plugged them in. Today… Sears is a second rate department store. Even Wally World has better quality products, and that is saying a lot.

    And so it goes…..

    • HerrinSchadenfreude

      How can you mention all these stores and leave out both TSS and Gimbels?! The injustice! The

      • arizonadiane

        Woolworths! (was always fun)

  • Mondobeyondo

    “I see a bad moon a-rising
    I see trouble everywhere”*

    You’re not the only one. Dan Fogerty.
    Yes, folks, there’s gonna be Trouble. With a capital T, and that rhymes.. okay, enough of that.

    Hurricane Camille demolished the U.S. Gulf Coast in August 1969.Yes, the famous Woodstock festival was held that very same weekend in upstate New York, that Camille struck the Gulf coast. Camille was not just bad. It was Bad, Bad, Horrifically, Awfully BAD. From what I can remember – not from first hand experience, as I was 3 years old at the time – nearly 270 people died in that storm. Not many people seem to remember that, except those who live on the Gulf (NOT GOLF!! Gulf!) Coast. Louisiana, Mississippi, Alabama.

    People thought it couldn’t possibly get any worse than Camille .But it could, and it did. Along came Tropical Storm Agnes in 1972. Andrew in south Florida in 1992. Then came Katrina in August 2005…
    * Creedence Clearwater Revival, “Bad Moon Rising, 1969

    • DiscouragedOne

      I do believe John wrote Bad Moon Rising, not Dan.

      I grew up hearing about Camille, it hit a lot of the country hard, the gulf states the worst.

      • Chris

        It doesn’t matter who wrote it: the song sucks. If I had written it, I certainly wouldn’t admit to such.

  • the joker

    Why is this so obvious to us, and not to everyone else? Is it because we don’t watch MSM? Is it because we take some time out of our day to hear the truth? Is it that people don’t want to hear the truth?

    The real thing is, how can Obama think there is any possible way to not let the sequester come to pass? The cuts from the sequester are a joke. We need to cut the NSA! We need to eliminate social security immediately! Slash war funding in half! Inflation is getting ridiculous. The gold price has been manipulated down recently along with this sham stock market that has been juiced for the

    We need to hire, I say hire, I mean elect, buy, however this country decides on its leaders; the US needs someone who understands the importance of dollars and cents and a balanced budget. I’d welcome a Peter Schiff in the White House. I didn’t vote the last 8 years because I knew Obummer was going to win anyway.

    None of this will happen though.

    The market needs to crash, is the only solution, in my view. So many different possible triggers. China announcing a gold backed RMB would be fun. They’re just as bubblicious as the US, but, at least they aren’t in debt like we are.

    I hope it comes soon. Max Keiser talks about the bondpocalypse. I don’t see the stock market holding on to these gains for long at all given that the entire global economy is in panic mode. You’re seeing guys on TV now talking about going short with the profits they made on the ride up. Not a good sign. Also, the fact that the market went immediately down based on some Fed minute notes from a committee mentioning the possibility of ending QE, not a good sign.

    Good luck everyone.

    • Ralfine

      Really a joker.

      If you cut social security, you have civil war immediately.

      • Stephanie S

        Ha! Adult kids will be getting calls from mom and dad that they now don’t have enough to live on, and will need to move in or will need them to send a monthly check. Civil war indeed! This could increase the divorce rate too.

  • Big Uncut

    This country needs to crash and burn. Unless liberty is the goal and purpose of the people and it’s representatives, there is NO reason to continue with the tyrannical nonsense that is the status quo. Our military spending is NOT “defense” related. It is offense related. So many are quick to point the finger at the people receiving food stamps and welfare. However, many of you asshats will be in line with those poor folks before you know it. I bet your fat mouths will be tightly shut when that happens. God knows, America is a sick nation of degenerates. From the boot-lickers that worship police and military to the imbeciles that believe we are free, this herd of self-righteous, sanctimonious turds NEED to be thinned. That will happen and it’s right around the corner.

  • peaceangel

    Two words: Operation Thunderdome

    • Orange Jean

      I’ve read some of the things you posted on this topic. I suspect some of our posters could be from that group. Would you agree?

  • Ralfine

    England seems to be getting along.

    Sure, there are companies like HMV or Blockbuster Video closing or soldiers made redundant.

    But I also see construction everywhere. Houses getting insulated. Houses getting extended. Side streets repaired, main roads getting a whole new cover, new shops opened, broadband cables laid. And that’s just in the poor neighbourhood I’m living in.

    So, while factories might be losing out, construction could win. And construction is still a wealth producing and wealth preserving business, as opposed to financial services.

    Putting your savings into concrete is good prepping.

  • I need to look no further than 4 dollar gas in Feb. Or 6 plus orange juice to know things are not going so well… I re-blog this post. Thank you!

  • Mondobeyondo

    So, if all of this sequestering goes down like anticipated, we won’t even be able to defend ourselves? (due to military cuts)
    This is not good. Even a 3 year old can tell you this.
    :”Daddy, that no good! Who protect us?”
    Well honey – Canada will protect us. (fingers crossed)

    • K

      Mondo, I would not worry about our ability to defend ourselves. Maybe our ability to maintain bases, all over the world. And that might be a good thing. But we could defend ourselves with a fraction of our current forces. Unless of course, the general public was disarmed. Yamamoto was a very smart man. A rifle behind every blade of grass. Perhaps why the Chinese, are in favor of American gun control?

  • `(o_O)

    I live in a quiet New England town. Over the past 2 years, the house to the right of me has been for sale (the starting price was $129,000. Today, it’s listed for under $59,000), the house to my left sits empty because the woman that lived there couldn’t afford her mortgage and just left, and the house across the street from me is empty, the family packed up one night and just left.

    Housing prices are down…by a lot (30 to 60%). On my ride into work (about 45 miles, mostly back roads), I pass no less than 2 dozen houses for sale, some that have been for sale for over 6 years. One house was built before the housing bubble and to this day has never seen an occupant.

    People are moving out of rural areas into cities and suburbs to be closer to the jobs. While that may work nowadays, when the economy fails us, life in the city will get hard…fast.
    I’m putting up a fence on my property to hopefully discourage people for trespassing. I really feel bad to people that aren’t preparing. But I’m not going to lose what I’ve been saving up because someone wanted to buy the newest iPhone, instead of food or supplies.

    • K

      Have to tell you, fences are little discouragement nowadays. Fences with large dog behind it, that is a discouragement.

  • Then what makes me laugh so much is that people are spending and wasting all there money on fast food junk, phones, and cars they don’t realize the crap is going to hit the fan. I hope it does it might wake up these idiots.

  • Jodi

    Everyday that passes, I feel like my job is on the line. I was the last one hired & I could be the first one to be fired. It’s not a good feeling. I’m just hoping for the best!

  • Jeremy


    Great article, but I have a little ray of sunshine.

    I posted two years ago that I could not find a job out of law school. After working all the jobs I could (cashier, tutor, legal assistant), I found a job as a teaching assistant at a university in China.

    After two months of work at this university I was promoted to assistant professor. So I sit here now, ready to start the next semester. I will teach Business Ethics and Business Law.

    I cannot help but weep, though, for what I am seeing in both countries. Inflation is absolutely ravaging the poor (which is most of the country) here in China, and it really is getting to a point where the people cannot endure here must longer. The sad truth I know is that most of my students will graduate in one year, and have very few options when they leave. My approach in courses therefore has been to arm them with as many skills as possible, so they can create a path to build a life when they graduate.

    In the US most of our people simply ignore the reality in front of their eyes. We are in an early state of collapse, and there is almost no optimism. Strange, isn’t it, as they ignore reality (as the figures suggest in your article), but at the same time have little optimism. When I returned to the states over Christmas break, it seems like the energy and vitality of our great nation is being drained.

    It is sad, too, because the people I am around in China look to the US as a an example of hope, and that if you work hard, you will succeed.

    • markthetruth

      One thing is true is that no how bad thing are, if you work harder and harder you will succeed . One who gives up will be left behind.

      the end…

    • 2Gary2

      isn’t “Business Ethics” a oxymoron?

      • Jeremy

        Shutup malcontent.

    • arizonadiane

      Thank you for sharing this with us Jeremy. It is good to see what is happening inside of China from someone who is there. It is sad though that people are finding it so hard to get jobs in the US have to go to other countries. But that is apparently not going to change any time soon.

  • Colin

    I saw this article at Cracked. The author discussed the four things that many politicians will never understand about poverty in our country. Number One is that politicians don’t understand what it means to be poor as many of them haven’t been poor. I liked the article, and I hope some of your readers will like it too.

    The article’s title is “4 Things Politicians Will Never Understand About Poor People”. It’s on the Cracked website.

  • Ralfine

    Walmarts “total disaster” probably means they only make 2 billion in profit instead of the hoped 5 billion.

  • WashingtomusPrime

    What I wonder is if the coming collapse will be enough to wake people up. It clear to reasonable thinking people that we cannot continue on this path. Will the collapse lead to actual reform, or the creation of an even bigger bubble?

  • Steve Smith

    It is so obvious to all of us that the economy is slowly imploding. The Government sponsored Main Stream Media (AP News, Reuters etc) is still playing sweet fiddle keeping us in electronic delusion for the sheepeople who will be fleeced and then slaughtered. Look at Greece and the rioting for food and jobs there. Our Leaders are fully aware, and one thinks this is engineered to cause a economic collapse to gain Dictatorship and remove your Rights under Marshal Law. Resistance like the Tea Party will be ruthlessly suppressed. If you can leave this country to a safe haven.

  • Ainos3

    That ‘s is no new, we knew that…. since Obama was reelected, so Americans and non americans were looking for a caos

  • El Wino

    Who’s the confounded rascal that stole the cork from my lunch???

  • MichaelfromTheEconomicCollapse
  • 2Gary2

    I still can’t understand why so many (probably lower income working class) are so dead set against taxing the rich and spreading the wealth. I think the following make a strong argument for taxing the rich hard.

    States should levy surcharges on Walmart for employees who need state subsidies to survive on their lousy Walmart wages. Why should tax dollars be used to subsidize WalMart profits?

    Wal-Mart reported that the idle rich Walton family members are still quite comfortable with their $25B per person wealth … although they hope to add to their Greedy Fortune by cutting hours and benefits for as
    many minimum wage workers as possible.

    • The concept of Tax the Rich More,, is a 2 sided blade. The upper income who own businesses, do pay. To continue to pound them will only slow business and hiring down.
      Then there’s the true financial elite, who own and control most of the wealth. They are never taxed, and never will. Simply because they own and control most of the wealth. That also allows them to control and own the governments of the world. They run the central banks and manipulate everything. They are the problem.

      • 2Gary2

        thanks for the clarification–you are correct in your assessment.

        • __

          you are a piece of basura

  • The problem is the fiat/phony/manipulated monetary system. At the heart of it is central banks, especially the Federal Reserve. A monetary system based solely on debt and dependent on ever increasing spending (people and nations alike) has an eventual end.

    Auditing the Fed would reveal reality, but too many are afraid of reality (and the general public is being herded like sheep to avoid it).

    Getting our own nation, first and foremost, back to sound money,, would go a long way to fixing the monetary system. The rest could follow. It would be a painful change, but not as painful as a global crash and reset to some new system.

    It’s been suggested that the world go to the UN’s SDR’s, but that’s just another fiat/manipulated currency scheme, that would just continue the same agenda. Simply a. scheme to drain wealth from the huge bottom tier of humans to a tiny top tier. It’s simply a method of creating a global serfdom…

  • 2Gary2

    The DPDDTT is coming soon. The rich will be taxed one way or another.

    • El Pollo de Oro

      2Gary2: The DPDDTT is definitely on its way to the BRA, and when it arrives, it will arrive with a vengeance.

      Earlier this week, I had a conversation about the DPDDTT with a woman I know who recently visited Bogotá, Colombia’s largest city. She commented on how the northern part of Bogotá (where the rich live) was “muy elegante” (very elegant) but full of barbed wire, armed guards and guard dogs. I said, “Yes, that’s because the affluent colombianos who live in the nice part of Bogotá are trying to avoid paying The Desperate People Doing Desperate Things Tax, which is aggressively collected by the dirt-poor colombianos who live in the shantytown slums and ghettoes in the southern part of Bogotá. But the DPDDTT collectors are desperate and determined. So all the barbed wire and attack dogs you saw aren’t always a deterrent. And what you saw in Bogotá is a sneak preview of what awaits us in the BRA.”

  • Mondobeyondo

    When the New World Order finally gets their way (but not without a fight!) – they are going to make “Trampled Underfoot” by Led Zeppelin the new national anthem of the former U.S. (which is actually a pretty cool song. Although the song is about cars, not economics or finances.).

    Because that’s exactly what we’ll be. Sheep, trampled underfoot. It’s coming. By the time the masses “get it”, it will be too late. Gotcha! Sheeple, prepare to be sheared. There is much wool to gather, and many lamb chops to bake.

    Wake up NOW! While there is still time.

  • Not Worried

    Gotta have a plan “b”. If you don’t DO something about your own situation, you’ll slide away with the economy. College is a lie, the only way to make any long term income is to be in business for yourself, unfortunately the risks are too high, unless you can find the right thing. Which thankfully we did, and now our income is rising rather than falling, and now we don’t have to worry about losing our jobs, because the income is there. Anyone else ambitious enough for a plan “b”, or do you just want to complain and live in fear?

    • DiscouragedOne

      You sound like you are trying to sell something.

  • Mondobeyondo

    Well Paul, maybe things are fine for you. But, believe me, it’s not the case for everyone. No economic hardship in this country? How far have you travelled? Ever been to a food bank?

    It’s everywhere, just open your eyes and look. Farmers are struggling. Businessmen are struggling. The stock market is false wealth, just as it was in 1929. Things are not as all as they seem on the surface.

  • Bob56

    I see a future economic collapse coming. And I think it’ll be sooner rather than later. I don’t care what the “useful idiots” in the news media or the “elected morons” in DC tell you. Our nation is in the biggest financial trouble it’s been in since the Great Depression. My construction business has been going down due to not only getting work but cutting my prices & profits down to ZILCH to compete with “illegal” contractors. Plus there are appear to be NO jobs available in the corporate world. I’ve had friends and acquaintances in the IT industry lose their jobs which was something unthinkable a few short years back. I firmly believe that massive unemployment is getting ready to hit our nation hard and soon as well. What really scares me is, what are people going to do when they can no longer feed their families or keep a roof over their heads?? I think we all know that massive civil unrest will occur and probably on a massive scale. All I can say is that need to “repent and turn back to God” and do it REAL soon or WE all are going to be in very BIG trouble.

  • Father of two Veterans

    This country is not sick, the people who voted for Obama are sick. How can people be mesmerized by a Muslim Socialist so much so that they put him in the White House. His only goal is to ruin this country as we know it and unfortunately he is doing an excellent job.

    • TtT Engine

      Thanks for your service to the U.S.A. This is an infiltration, a cancer against the R/W/B that metastisized starting on 8+15+1969. We shipped all our jobs overseas while putting God and our Judaio-Christian values in the closet. Christi Fidelis !

  • Diana

    I feel like we’re just drowning. I can’t see any way out of this, especially when those making the decisions fail to admit that their “solutions” ARE NOT WORKING!!! Get ready folks…. This, I’m afraid, is only the beginning. I hope I’m wrong, but I feel it’s not ever going to get better for the US.

  • jaxon64

    I believe that that the “collapse” will continue to be a slow, downhill slide with occasional bigger disruptive events. One of the bigger plunges will probably occur within the next 6 months but I figure things will just get more unruly and more desperate bit by bit.
    Until refunds stop coming, monthly checks or credits stop coming or banks disallow withdrawls–things will slowly decay and the public will be told everything is fine.

  • programmer

    I’m a programmer by profession and its getting really rough. I started freelancing to complement my income but its just hard to work until 4 in the night and then go to office at 9 in the mroning. It’s just taking a toll on my body but I just don’t know what to do. I feel like I have no other option. I’m actually thinking of leaving this country and going somewhere else but don’t know where.

    • DiscouragedOne

      All of the programmers I know make good money and don’t need 2 jobs, maybe it is the type of programming you are doing, or maybe you should move to an area with better prospects.

    • Orange Jean

      I hope you don’t take this wrong but I think I have some idea of why it’s harder to get programming jobs. At least in my field (health data analysis and epidemiology), we rarely have the funds to hire programmers much – and everyone is expected to learn to do their own programming.

      In my department we do have a few programmers, but they get to do mostly the less interesting work (mostly pulling subsets of data from very large databases). Because of this, you are likely to hate the fact that although I have had very little formal training in programming – about 80% of my day in the work I’ve done in the past 20 yrs has been programming (mostly in SAS). Right now I’m also teaching a few short classes (at work) to teach the programmers we have who know SQL, how to do similar work in SAS.

  • __

    LMAO, you are so funny

  • Phil

    The Lord is sorting out wimps and Christians….Phillipians 4:6 …My God shall supply all your needs(not wants). There are people who go to church and there are people who know Jesus Christ. Now the time will tell.

  • Brian

    am better off dead no body likes me anyway ill be 46 in 2 months never married never had any childeren never had a real job what is the point of keep on living

    • DiscouragedOne

      As long as you are alive, there is hope to turn it around, but you have to do the work.

  • Orange Jean

    Thanks for the comment K. I kind of understand that in that the media has definitely been working to demonize the rank and file government employee. It’s also obvious from some of the comments on this particular blog posting.

    Unfortunately at 62 during a depression with having worked for government for almost 20 yrs (most of which I did not have any kind of pension plan) it’s not easy to find anything else.

    The two alternative most likely places to find work that would use my skills are either drug companies (which I do not like in the least) or possibly a hospital, if they do research.

    Age discrimination is a big issue for me, especially since I also have some health issues that show up (bad arthritis so I have to use a cane), making me look like a liability… more than I actually would be.

    Plus there are a lot of things I like about my job… it’s challenging and I know the work I do helps people. I’ve got to stick it out and hope for the best for now.

    • K

      I understand your situation. All you can really do, is be aware of the situation. If things get worse, be ready to not broadcast what you do for a living. Do you know what common item, most often gives away a Government employee? The parking decal. A friend of mine worked out a way to temporally cover it, using magnets and a metal sports decal.

      • Orange Jean

        K, Thanks for that interesting suggestion (magnets), I’ll have to experiment with something like that.

        On the other hand, maybe because of where I work… our parking stickers aren’t particularly noticable (don’t have any name on it, and get put in a certain location).

        I think I’ll also pay extra special attention this month when I go through my annual refresh of “anti-terrorism” training (online) – what it basically does is teach us how to maintain a very low profile, at home or when out and about or traveling… so as to try to keep the bad guys from knowing we might be a potential “target” of more value than others.

        It’s also probably a plus that I have always had kind of an odd “chameleon” like quality in my appearance. I am one of those short, plump, getting older ladies with Plain Jane looks that tends to be invisible (good in the context you mention). I’m 1/2 Portuguese ancestry and with brown hair, brown eyes, and light olive skin color — I have been mistaken in the past as belonging to various groups of people I was not part of. I’ve been mistaken for a Native American (at a pow wow or 2), mistaken for middle eastern (by several types of middle easterners), mistaken for Jewish (at a Hebrew class I once took), and mistaken for a Latina (when living in a primarily Hispanic neighborhood), and mistaken for being 20 yrs younger than I am by people who were 20 yrs younger than me. If I keep my trap shut, I’m pretty good for that.

        • K

          Good to hear they fixed the parking sticker problem. Yes I would say the Gray principle, is your best bet. Basically it states to dress, act and move in such a way. That you could pass through a large crowd without notice. Sound like you have given it some thought already. Well done, you do important work..

  • James Whitten

    Obama wants the economy to collapse. Under the UN Agenda 21 Obama has signed a treaty to disarm US citizens. For years now UN forces have been training with US forces on Martial Law drills right here in this country. The only way to gain complete control of the the people of the USA and there guns is to have the economy collapse. Then there will be civil unrest, food riots, and is would allow the President to enact Marshal Law with the UN troops to boot to help in house to house searches to disarm every citizen. Under Agenda 21 it is the UN’s goal to disarm every citizen of every nation. This would allow them to start population control. That’s right population control. That means elimination of a percentage of the population of every country. Do you think that it is just a coincident that Obama wants to use drones to kill American citizens? The Collapse of the economy is a part of an even more sinister plan.

    • Jugears McGhetto Jr

      yea and we ‘radical conservatives’ are the ONLY THING standing between freedom and tyranny and these Obots better come to their senses, realize the mistake they made and get on the right side of history

      Or, they’re gonna go down with the Tyrannical government because there’s 200 million armed Americans to the hilt waiting for this to happen with 400 million firearms YES with limited AMMO but it only takes one bullet per tyrant, sometimes 2 for a double tap. They still have a chance to change this, otherwise they’re cooked either way because the O regime will send them into the service to fight and they can’t beat their own meat the half of them. They’re all done in a one night battle in each city.

    • Got that right.

  • Shelly

    I am getting very concerned. I am a cabaret performer and I am seeing the costs of cold cream and diva gowns rise by over forty percent over the past year, yet I get fewer booking and make less money even though noone glams and vamps quite like me. This can’t keep going on…..

  • Alasha

    I am in the NYC metro area and see lots of vacant spots to lease or rent -even in the Time Square areA. It is all just a joke

  • Jugears McGhetto Jr

    People seem to think that growth is an infinite thing, it’s not. We could very well collapse into nothing as quickly as anything. This world in my opinion has reached it’s saturation point of useful people. Period, and that doesn’t mean I’m any more useful than anyone else, it just means we have too many people in an expensive world doing jack diddle squat for their ‘keep’

    For instance, back in the days of yore, those lazy %^&* would have starved or frozen to death or what not..and sadly, even the disabled would have been outta luck in many ways… and I’m crippled from MS yet I work for a living, where many on the dole are FINE AND DON’T DO SHIIITE!!!!

    Yet today we keep these slugs alive and feel sorry for their pathetic lives and their addictions to this and their ocd and OPP and IDD and wtf …all because Bromomma and Brodaddy for the past 30 years have popped out kids like crack rocks and left em all over the landscape to fend for themselves which means US or US…

    in other words it means they’re in jail, and we pay, or they’re on welfare and we pay and they bitch.

    Enough, there’s no more blood in the turnip. And that goes for everyone out here including me and frankly I’m set for life but not anymore…all because of this LOOTER!!! And here on out, the rich are only gonna get so rich, and the poor and gonna get shiite. 🙁 UNLESS we weed out the third worlders (sic) and send em all pre paid postage paid back to the shiiitehole from whence they came.

    Tell em they won the Kenyan lotto and send em home with 1000 bucks each, they’ll jump on that like stink on a monkey.

    We can’t do that, boo hoo, so we feed em and they breed em and its an endless cycle to the point we have to print money because we spend it on these deadbeats quicker than it can be printed!!!!! HOLY SHIITE BATMAN!! It’s over.

    • HerrinSchadenfreude

      So in other words, you’re just another bozo who didn’t have the guts to succinctly blame poor Blacks for making better decisions so that the efforts of a private organization formed by an act back in 1913 to leverage the country to the hilt and convert its populace, including those same Blacks, to wage slaves who are in debt before they are in swaddling cloths, would be in vain.

      Thanks for the newsflash.

  • Ralfine

    I guess I’m a bit older. I started paying into the “retirement fund” more than 30 years ago. Some went to national schemes, some to private schemes, most to personal savings accounts. At some times I exchanged that money for goods and services, like books, a house, university, furniture, acupuncture, etc. No car yet. So no hassle with repair, license, insurance, fuel price, loss of value, break down, parking, tickets, etc.

    Most of the time private cars are unused anyway. And when I go on holiday to New Zealand I can’t bring my car, but can rent one over there.

    • K

      Most of the time private cars are unused? Maybe if you live in NYC or some where like that, here in the sticks of Ohio, the nearest grocery store is 10-15 min away, we couldn’t survive without a car. Since there is no public transportation to rely on. (also don’t have the concern of parking or tickets here)

  • DiscouragedOne

    I would not be thrilled to live in China, there has to be better solutions than that.

  • arizonadiane

    you are one sick puppy. and probably a very unhappy one.

  • William Ripskull

    We never came out of the last recession/depression. It was all massive amounts of money printing and eliminating generally accepted accounting practices, combined with distorted government economic statistics (i.e. lies) and a socialist-loving press cheer leading the whole thing. You can pump all the fresh blood you want thru a corpse, and guess what, its not coming back to life.

  • Michael

    In my dream this morning, I overheard one individual tell another that ” the dollar will be no more after March 31.”
    Time will tell…but it would be no surprise.

  • Island Girl

    That kitty is really cute..:) the rest is just sad

  • USMarine0321

    An indication of where we are headed… read the latest coming out of Spain this weekend. We aren’t far behind them.

  • Grow up people… you all have the mentality of children. We are not stuck or about to fail, the only people who are stuck are those who refuse to accept facts… the economy will survive. Your job on the other hand probably won’t… robotics is taking over and I only wish it would move faster. For those that depend on jobs I would highly recommend learning how to invest and stop wishing the world would end. You are part of the problem when you wish for the end. Those of us who don’t, always have to clean up the messes you make.

    • Very well said! Get busy living or get busy dying. I see people everyday waiting around for a job to come their way, I tell them there are no jobs, in the mean time learn how to make something that you can sell or create a service for those that do have money.

  • That’s the fastest I think I’ve ever seen a post deleted… enjoy your lives. I’ll still be here making money long after you give up on waiting for the end to come.

  • Mark

    With the terminal decline of the US dollar and the pending budget sequestration what would be a difference between a 20% pay reduction and work reduction now for a furlough federal employee compared to eventual 20% pay reduction with 0% work reduction as a result of inflation?

  • Jonah

    Everything is being set for the Star Nibiru coming. All the Governments know its coming and the trouble we are going to face. All these things should start around early next year but most surely by 2015. Why do think of whats going on is really going to matter. Better start getting prepaired with food and as many different supplies as possible. We are all going to see things very soon never seen in many lifetimes.

  • Jilson Deavers

    The PTB have been perfectly consistent in the dismantling of the economy. The only conclusion that can be drawn is that it is intentional. Why would they intentionally do this? We have their plan in Agenda 21, which anyone can read if they like, or go to Youtube and watch any number of videos on the subject. In order to get from point A (where we are) to point B (fully implemented Agenda 21) the economy must be dismanted and destroyed. Sorry to be so negative, but we must face up to the facts before we can do anything about it.

  • Shawn

    I don’t like what’s happening but I take comfort knowing its part of God’s plan, He is in control and those who trust in Him will be saved. The bottom line, revelation is unfolding before our eyes. Luckily, money isn’t real but eternity is. All we can do now is pray.

  • I am seeing the same deterioration in my own home town. My relative’s husband had been bucked down from a riverboat steward to deck hand. Very little work can be found in Huntington West Virginia. I am praying that someone drills for oil on our farm before our household economy collapses.

  • just an observer

    Millions of Americans without health insurance, pension, social security, job security etc… the american dream has turned into an american nightmare!

  • master5hake

    I wanted to stop reading after #2, especially since gas was at its lowest prices going into the rescission. But I kept on to #4 and had to stop. Reader’s Digest is part of your proof that the economy is doomed. Lol. Print media is dead; mainly because the same information is readily available thanks to the internet. Reader’s Digest is going bankrupt because they like many other from of print media failed to see this and adapt. Newsweek is no longer in the business of print media. Why? Because their print media was sucking on the teet of their online media, which is a thriving business.

  • me

    come on down with us poor folks we already here

  • Now I know why so many on the right are living a life of doom and gloom, exactly what you get if you follow too many far right fear mongering sites like this. Stand up, go for a walk, breath in, breath out and say to yourself “life is still OK, it’s just unfolding and I have every right to be here just as much as anyone else”. Maybe we’re just at a crossroad with humanity and evolution, “life is a journey, enjoy the ride.”

  • Bill Brasky

    good I hope it all burns.

  • ffghsf

    good …it should have a great fall down …..

  • Bob fox

    CHRIST has nothing to do with this problem!!!!!! This problem us yes us an our wonderful GOVERMENT an FEDERAL TREAURE playing around with our money.

    Dragon rider

  • BrooklynBrains

    is this really gonna happen? im only 16 and I want to enjoy my long life 🙁

  • TheScienceEnthusiast1130

    I DOUBT that religious/politically conservative people even care about this, instead they start killing, deceiving (*cough* Mother Teresa *cough*), censoring, and more…


  • Peter

    Sure zerohour, lets rely on man, since that’s what put us in this mess. We are the number 1 country.. why? because we were built on truth, the Word of God. Now since we are pushing God out, what do we have, financial crisis, violence in schools and work place, more suicides, disorder etc. God is a God of order and this is not order.

Finca Bayano

Panama Relocation Tours



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