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There Is Hope In Understanding That A Great Economic Collapse Is Coming

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Hope Despair - Public DomainIf you were about to take a final exam, would you have more hope or more fear if you didn’t understand any of the questions and you had not prepared for the test at all?  I think that virtually all of us have had dreams where we show up for an exam that we have not studied for.  Those dreams can be pretty terrifying.  And of course if you were ever in such a situation in real life, you probably did very, very poorly on that test.  The reason I have brought up this hypothetical is to make a point.  My point is that there is hope in understanding what is ahead of us, and there is hope in getting prepared.  Since I started The Economic Collapse Blog back in 2009, there have always been a few people that have accused me of spreading fear.  That frustrates me, because what I am actually doing is the exact opposite of that.  When a hurricane is approaching, is it “spreading fear” to tell people to board up their windows?  Of course not.  In fact, you just might save someone’s life.  Or if you were walking down the street one day and you saw someone that wasn’t looking and was about to step out into the road in front of a bus, what would the rational thing to do be?  Anyone that has any sense of compassion would yell out and warn that other person to stay back.  Yes, that other individual may be startled for a moment, but in the end you will be thanked warmly for saving that person from major injury or worse.  Well, as a nation we are about to be slammed by the hardest times that any of us have ever experienced.  If we care about those around us, we should be sounding the alarm.

Since 2009, I have published 1,211 articles on the coming economic collapse on my website.  Some people assume that I must be filled with worry, bitterness and fear because I am constantly dealing with such deeply disturbing issues.

But that is not the case at all.

There is nothing that I lose sleep over, and I don’t spend my time worrying about anything.  Yes, my analysis of the global financial system has completely convinced me that an absolutely horrific economic collapse is in our future.  But understanding what is happening helps me to calmly make plans for the years ahead, and working hard to prepare for what is coming gives me hope that my family and I will be able to weather the storm.

I do not believe in living my life in a state of fear, and I do not want anything that I write to ever cause fear in my readers.  The ancient Hebrew greeting “Shalom” is roughly translated as “peace” or “completeness”, and that is what we are constantly pursuing in my household.  My wife and I know that incredibly challenging times are coming, but we also know who we are, what our purpose is, and where we are headed.  We also believe that the greatest chapters of our lives are ahead even in the midst of all the chaos that is coming.

When times are the darkest, that is when light is needed the most.  Just think about it.  When you look back over history, what heroes do you admire the most?  If you truly think about it, almost all of those heroes arose during times of great adversity and conflict.

The years ahead can be a time of great adventure for you, or they can seem like hell on Earth.  It all depends on how you respond to your circumstances.

Do you want to know who is going to respond to the years ahead with fear, panic and depression?

The millions of people that have absolutely no idea what is coming and have made absolutely no preparations are going to be absolutely blindsided by the coming economic collapse.  Just like the 1930s, we are going to see people jumping out of windows and jumping in front of trains.  Others will sink into a state of despair so deep that nobody will ever be able to shake them out of it.

It doesn’t have to be that way.

Over the past five years I have spent thousands of hours studying the coming economic collapse.  In my articles you can find tens of thousands of facts and statistics that prove that the U.S. economy is hurtling toward oblivion.

It is not always the most pleasant thing to write about, but it is the truth.  And that is what matters.  If you believe that I am wrong, prove it to me.  I work very hard to put out the most accurate information that I possibly can.  So if you can prove that I am wrong, I will change my mind.

But of course that is not going to happen.  As I have stated previously, anyone with half a brain should be able to see that we are living in the greatest debt bubble in human history.  Anyone with half a brain should be able to see that the “too big to fail” banks are being extraordinarily reckless (derivatives, etc.).  Anyone with half a brain should be able to see that our formerly great manufacturing cities are being transformed into crime-infested hellholes.  Anyone with half a brain should be able to see that the middle class is dying.  Anyone with half a brain should be able to see that the exact same patterns that led up to the great financial crisis of 2008 are happening again.  Anyone with half a brain should be able to see that we simply cannot consume far more wealth than we produce as a nation indefinitely.  Anyone with half a brain should be able to see that the incredibly foolish decisions that our politicians have been making for decades have placed us on a road to utter disaster.

So it doesn’t take anyone special to do what I am doing.  I am just a “watchman on the wall” sounding the alarm the best that I can.  And there are lots of others that are doing the same thing.  We are deeply concerned about where this nation is heading, and we have been pleading with our leaders to do something about it for a long time but they have not listened to us.

Since our leaders just continue doing “business as usual”, there is not going to be a solution to our problems on the national level.

So that is why I am encouraging people to get prepared for the hard times that are coming on a family level and a community level.

Unfortunately, it seems like some people always have an excuse for not getting prepared.  In fact, a few have even gone so far as to accuse me of being “anti-faith” for suggesting that people actually get off their couches and do something to help their families deal with the nightmare on the horizon.  They seem to have the attitude that we should all just sit back and wait for God to do everything for us.

So I am not quite sure why those people get up in the morning and go to work, since they should just “trust God” to deposit paychecks into their banks.  And I am not quite sure why they ever fill up the tanks of their vehicles with gasoline, because they should be able to “trust God” to put more gas there when they need it.

I covered all of this in much more detail in my previous article entitled “Is It ‘Anti-Faith’ To Prepare For The Coming Economic Collapse?

For now, let me just state that what those people are suggesting is the exact opposite of what the Bible teaches.  Trusting God is not about sitting back and doing nothing.  In the Scriptures, we are told that faith is about stepping out and taking action on what God has revealed to us.  That includes working hard, being wise and providing for our families.  For example, just check out Proverbs 6:6-11…

Go to the ant, you sluggard! Consider her ways and be wise. Which, having no guide, overseer, or ruler, provides her bread in the summer, and gathers her food in the harvest.

How long will you sleep, O sluggard? When will you arise out of your sleep? Yet a little sleep, a little slumber, a little folding of the hands to sleep— so will your poverty come upon you like a stalker, and your need as an armed man.

In the end, each one of us needs to make the decisions that we feel are best for our own families.

So that is why it is so incredibly important not to let someone else do your thinking for you.

In America today, the average person watches 153 hours of television a month.  In addition to that, we also spend countless hours watching movies, playing video games, listening to music, reading books and surfing the Internet.

What most Americans don’t realize is that there are just six giant corporations that control almost all of that content, and that makes them immensely powerful.

These giant media corporations are constantly manipulating our attitudes, opinions and beliefs.  And at this point most Americans seem quite content to remain “plugged into the matrix” and to allow corrupt corporate executives somewhere to do their thinking for them.

I urge you to break free from that system.

Do your own research and do your own thinking.

Don’t take what I say or what anyone else says as truth without critically examining it yourself.  This can be difficult at first, because in this nation our young people are no longer trained to think critically.  Instead, we are trained to just blindly accept whatever information the system feeds us.

George Orwell once said that “during times of universal deceit, telling the truth becomes a revolutionary act“.

That perfectly describes the era that we are currently living in.

The truth does not bring fear and despair.

Rather, the truth brings hope and it sets people free.

Share the truth with as many people as you can, because we live in a world that desperately needs it.

  • VigilanteCaregiver

    Mike… this is the article I’ve been waiting for. There is hope in knowing what one faces. To look at the oncoming storm with brutal honesty and know exactly what it can do, what to prepare for, and how to rebuild afterwards.

    If I may: For the last 5 hours I’ve been in the hospital with the wife. She finally developed another kind of epilepsy and it hit yesterday and we went to the ER. The doctors; our Neurologist and Brain Injury Specialist both warned us months before that this was a huge possibility with post-traumatic epilepsy. We came up with a comprehensive plan for when it hit (always think 3 times before acting and have 3 alternatives). I acted on that plan and got her help when it counted.

    Was it difficult to accept a bad situation heading our way? Yes! But it had to be accepted and understood, or face something much worse later on.

    • Bill

      You are a sign of hope. Bless you both.

    • K

      First off, I am so sorry to hears this VigilanteCaregiver. Your family will be in my prayers.

      • MichaelfromTheEconomicCollapse

        You will be in our prayers too VigilanteCaregiver. I can’t imagine how much pain that you have been through. Thank you for sharing your heart with us. I do not take it lightly.

        Michael

        • VigilanteCaregiver

          It was at first. Got more education (most of it outside of the system), mourned for a while, and consult often with experienced doctors; it’s not so hard now.

          That’s probably the lesson of this article: it’s gonna be very painful at first, but eventually – with hard work and experience – things will work out.

          I really appreciate it Mike, K, Bill, and everyone who up voted. :)

  • Bill

    I bet millions of people saw hope today with what happened to the stock market and relations with Cuba. Some know different.

  • T.

    Thanks Michael for your labor and your effort all these years now in trying to bring “Awareness” of the certain economic storm heading directly at U.S.

  • K

    Michael, you ask when will they see. There is none so blind, as he who will not see. That being said, you have done an outstanding job here. Time is running short. Food shortages, are starting to show up. Food prices are rising above affordability for many. Russia is becoming desperate, and that is never a good thing. Might I suggest during the bad times, you keep a journal. Using it you may write the modern version, of the Grapes of Wrath. You never know.

    • Easy guess

      A few have and will heed the warnings, prepare. It would not be surprising if it was more than a few thousands.

      The majority? When they go hungry, of course. No electricity, the ATMs and credit cards doesn’t work, the stores are completely empty.

      When the police forces competes with street gangs in relieving the citizenry of their meagre, remaining possessions and always comes in force when the latter are sent fleeing by private firearms.

      Slowly, they’ll start asking themselves, how can this happen? Who would have thought? This is inconceivable!

      The whores and the politicians turns to the sky, pray for salvation but still, they will attack anyone who they even suspect is prepared.

      Feral animals that can speak, to order you to feed them and blindly attack if you cannot comply, will rat you out as a dissident for some meager rations.

  • Chris Webb

    Good article, though I wish you would quit calling the politicians ‘leaders’. They aren’t leaders, they are rulers. Leaders are people who have a voluntary following; rulers use violence and coercion to force compliance. It’s a big distinction that most overlook.

    • Jizzy

      Of course really they are not supposed to be leaders but representatives instead. Force them to represent the will of the people rather than leading us like sheep or ruling over us like feudal serfs. Representatives is what their title is supposed to say so let’s not kid ourselves.

      • Chris Webb

        How can it ever be possible to have a representative government? We are such a diverse people that there is no way that a 1 person could ever represent 2 people, let alone 1000’s. “Representative”, in the political sense, is just a euphemism designed to mask their real job duties, which is to assert control over the people via laws.

    • Gnoll110

      Arrr, the paradox of politics.
      When to lead and when to follow.

      When to be a leader and set a new policy direction when it’s apparent to you that the old is/will fail.
      When to follow the desires of the population you lead.

      Part of the reason ‘democracies’ have problems with crisis; the divergence between what the population wants and what needs to be done.

    • tejbear

      Sorry, they are neither our leaders or rulers, but little more than puppets for the Rothschilds criminal syndicate. And the Rothschilds guys have evil intentions, VERY evil…

  • chilller

    I view Michael as the shepard and we are his flock. He looks to the sky and sees a massive storm coming this way. Knowing the rivers will breach their banks and flood the valleys, he guides his flock to the high country. We may get wet and cold, but at least we won’t drown or be swept away by the torrent brought on by the coming storm.
    For this selfless act of compassion toward your fellow man, I Thank You Michael.
    (TYM!)

    • Preparequickly

      I agree totally i read these articles and the comments some people make with all the evidence. I don’t see how any one with half a brain would argue that the economy and every thing in it is fine and will be fine.

    • Shima

      Mm mmm mm
      Barack Hussein Obama

      He said that all might lend a hand
      To make this country strong again

      Mm mmm mm
      Barack Hussein Obama

      He said we must be fair today
      Equal work means equal pay

      He said all are equal, he said we all get a chance, he said..
      That song is sung by American school children. And then YOU come off with the whole Shepard/Flock mentality. You are the epitome of what is wrong with America.
      And you get a A+ on the test.

    • MichaelfromTheEconomicCollapse

      Thank you for those very kind words chiller. I am just trying to do the best that I can with the platform that I have been given.

      And as a follow up to this article, I hope that people will check out my latest piece entitled “Get Prepared: 122 Of The Best Prepper Websites On The Internet”…

      http://endoftheamericandream.com/archives/get-prepared-122-of-the-best-prepper-websites-on-the-internet

      Michael

      • Aubryn

        Thank you Michael for your hard work. In case you know anyone who is looking for land: 2.5 acres in W WA saltwater access, fresh nearby, mild weather, forest, hunt, fish, good growing weather, sloped land half cleared, very pvt, 2A friendly, left alone by county, small one room cabin not yet permitted as domicile (no one cares), awesome neighbors with skills(us)! $25k prob neg. This is not our land, it borders us. It’s located on a peninsula on the Puget Sound in W Wa. We are trying to find a like minded neighbor. We will help establish for the right neighbor.

        • roberto

          I’m definitely interested! Please fill me in.

          Roberto in Florida.

          • Aubryn

            Will answer any questions you have except specific location until we know more about you. What would you like to know? You said ‘fill you in’ -my description was fairly comprehensive so I’m unsure what you mean.

    • trednut

      I am no ones flock.
      How about more like Paul Revere.

  • Priszilla

    I’d have neither hope nor fear if I didn’t expect an exam.

  • Priszilla

    Just today I got an enquiry from a head hunter if I’d like to work in that large company somewhere in Europe…
    Very unlikely. In England I can marry my partner. In eastern Europe I can’t.

  • Mike Garland

    Michael,

    I could not agree more. You have hit the nail on the head as they say! I have spent the past fifteen years working in Saudi Arabia. It was a difficult decision to make; leaving the US that is in early 2000 to work here in the Middle East, but I made it and I am a better man for it! My family is far better off as well because of the very respectable income I make here. The job is a real blessing! Yes the job didn’t come without great sacrifice. I spend far more time here in Saudi than at home, but frankly I could never make the same money at home. I do what is necessary for the greater good. I am unwilling to sit around waiting on a check to arrive each month. I am in charge of my destiny. I guess I could have sat around waiting for the good Lord to take care of everything, but I knew if I did I’d still be waiting an awful long time. God gave me brains and I use them. I got myself properly trained and took the steps necessary to improve my situation and the situation of those around me. I thank God each and every day for this opportunity. The point is, the opportunity was presented to me by my Lord and I took it. It was up to me to grasp it and I did with both hands. I am not interested in a handout from our useless Government! I understand there are many who need the help
    and that’s fine, but there are a greater number who are simply gaming the system and in my opinion those who do, should be ashamed! I know a number of individuals who believe that God is going to take care of all their needs; who think if they just pray enough everything will be OK! Wrong! If your families hungry, you can’t just sit down and pray for a pizza and then expect Domino’s
    show up; for goodness sake you’re going to need to pick up the phone and order one! Keep it up Michael. I certainly appreciate it! Regards!

  • Teodoro Cervantes-Leon

    Michael, there are many who have benefitted from your many years of hard work. I’m not sure if others will really ever see. It is not uncommon during crises for those who are totally unprepared to be angry and resentful towards those who are were prepared. Hopefully those who have taken steps for that day can help the communities around them regroup. But for now it is frustrating. There are only two of us in my church who will consider preparing. I am the only one n my family. For years I have had to prepare against opposition, and it has greatly limited what I have been able to do. But how much worse would it be if I did not have some understanding of the predicament. And much of that has come from people like yourself. Godspeed!

  • linda

    detroit is recovering. you wrote about detroit a lot. but not on the recovery

    • Joel

      Hmmmm… Linda, the crisis is not really about Detroit, it’s about the US and the World on a larger scale. As far as I remember the article of Michael about Detroit it was just used as an example of what a bankrupt country could be looking like. It was a case to underline a bigger issue.

      Also, you must support your claim with real facts and number on the recovery. We may feel there is a recovery when in fact the reality is just the opposite.

    • Mondobeyondo

      Detroit may be recovering, in a sense. But there is a long, long, long way to go, before it becomes the Motown of the mid-20th century Chances are very good that Detroit will never regain that status and prosperity again. The climb out of the sewer is a long and difficult one.

      • Ace

        A lot of outside resources have been poured in and I have no doubt that the bankruptcy process experienced a fair amount of body English. The underlying pathologies are alive and well in Detroit and a miraculous social and political transformation would have to occur for Detroit to achieve minimal functioning. The unwillingness of the “local populace” to pay for water and their view of it as a human right is a good indicator of where the base line is. Only outside intervention will raise that line but it will be at huge cost, inefficient, and pointless.

  • Christina

    Fantastic article! Well done and do please keep it up!

    • Hot Rain

      Not much of a critical thinker are you?

  • Christina

    Do you have suggestions of things that we (the enlightened) can try to do prior to the coming collapse?

    • Jack

      Follow the G”s Guns, Gold, a Garden, Good water, a generator, gasoline, and God for wisdom

  • BoardWalk

    I’m sorry, I have heard numerous people cry wolf since 1990. It’s not going to happen.

    • sue p

      agree! stocks back up. oil climbing.
      detroit recovering. even if its all false tptb
      can be false forever. period! move on!
      corrupt? yes!!!collapse? NO!

      • victorstock86 .

        It happened in a big way in 2008 very few saw it coming, remember there was a market surge before that too (did you forget the mortgage bubble?) Very few people saw the last great depression coming remember the “roaring 20’s”? Argentina was one of the worlds top 10 economies in the early-mid nineties and now look at it: two collapses in 14 years! What makes you think the US is immune? All Empires bite the dust at some point! The average lifespan for fiat currency is 27-40 years, history has shown this pattern.

        Question: if you are both soo convinced of it never going to happen why are you even on this site?

    • victorstock86 .

      It happened in a big way in 2008 very few saw it coming, remember there was a market surge before that too (did you forget the mortgage bubble?) Very few people saw the last great depression coming remember the “roaring 20’s”? Question: if you are both soo convinced of it never going to happen why are even on this site?

  • victorstock86 .

    Hi Michael there I really appreciate your research and articles! Thankyou, I have been following your posts since mid 2013. I know great calamity is coming real soon…yet it is almost impossible for me to get this through to any of my family and friends, let alone get people to prepare! I have had ppl say to me “God will provide” etc. when I have insisted on having emergency supplies and food. Most are too complacent or trust in their superannuation and bank savings…we all know how unreliable that is….

    I live in Adelaide, Australia in the CBD in a small apartment with 3 other ppl and have virtually no room for storage. There are very few decent jobs in my city and we have the highest unemployment rate in 12 years (our youth unemployment is around 19%) My friend was among a dozen or so people that got a job in an insurance company which 600 people applied for!!! This is why I live in the business district as there are more opportunities so I cant really move elsewhere. In terms of preparation what could I possibly do?! I have nowhere to store any thing at all and very little income, there is no back up plan or safe haven for me, my Mum owns a small two person unit, my Dad is in a rental property. Sorry to waffle on but its easy to say “prepare” but how does one prepare when you don’t have a solid income or your own home or storage space…we aren’t even allowed to own guns in Australia unless we have a safe bolted to the floor (not possible in a rental) so self defense options are very limited! I find much of the advice on prepper sites both unrealistic and unobtainable for people such as myself, seems only the well off and can commit to serious “prepping”…do you have any simple idea on how low income people with no permanent residence can prepare?!? All some us can do is ‘trust God’ it seems….

    • K

      Preparation, is not only things you can buy. In your case, learning how to live in the Bush, might be your best preparation. That and a plan, of how to get out of the city. Very few of us can afford the perfect survival plan. That does not mean we should not make any plans, or not try to gain knowledge that might help us survive.

    • T.

      V86 – How far is your Mum from you? Could both of you store some can goods and dried food products at her place? Does she live outside of town? Do you have friends or relatives in small towns or outside of town that would be interested in prepping together with you? Just trying to help give you some ideas. God bless

    • Ninja Flex

      One can also prepare one’s self with knowledge. Given the awesomeness of the internet, it’s now free to gain a variety of skills which might be marketable in an uncertain future. There is no knowledge that is not power. -Reptile (MK3)

  • FortuneSeek3rz

    The only collapse that is a remote possibility is the threat of nuclear world war. Other than that the economy is humming along nicely. There are simply too many forms of wealth within the borders of the U.S. for the economy to “collapse”. Sure there will be recessions, but they are nothing but buying opportunities.

    Get out and enjoy the prosperity you have. Prior generations would be embarrassed as to the sheer significance of our riches if we could show them.

    • victorstock86 .

      You must be living in a fantasy world or have a strong capacity for denial: 46 million of your citizens on food stamps and over half your population on benefits of some kind, entire cities going bankrupt with tens of thousands without access to water (Detroit) Your too big to fail banks have a total of $40 trillion in derivative exposures….

      Your national debt is: $18 trillion. Your GDP is: $17 trillion that is a problem in itself…(debt to GDP ratio is 104%) On a simplistic level: how can you say your economy is fine when you owe more than you earn?

      Not to mention total US unfunded liabilities: $115 TRILLION good luck with that! As for for ‘other forms of wealth’ within your borders…name them?!? How can people buy when they don’t have the revenue and the middle class is dying? And as for enjoying prosperity…well you gotta be prosperous first right and 46 million of your fellow citizens aren’t (probably way more considering minimum wage and the amount of ppl who can only find part time work)

      Such statements can only mean three things: you are deluded, rich or a paid government shill on here to play down the obvious…..

      • FortuneSeek3rz

        This narrative is two hundred and twenty nine years old and has been circulating around the world since the Revolutionary War. The U.S. is still the most innovative country in the world, has massive natural resources and significant intellectual property. Keep typing if it makes you feel better!

        • victorstock86 .

          Not going to bother…your wake up call is going to hit hard. Good luck.

          • FortuneSeek3rz

            I don’t need luck. You do.

          • Daddyotis

            No you do

        • jakartaman

          Read history my friend

        • LOL!

          “The U.S. is still the most innovative country in the world,”
          It is, in your mind and you know it.

      • Hot Rain

        You get a Gold Star..

    • dan

      Do YOU assume that ‘wealth’ is fiat money inside this country and what it ‘buys’……or do you KNOW that this same ‘fiat money’ is actually a DEBT….and has NO real Value…just ask’in

      • FortuneSeek3rz

        The only intrinsic value that rectangular pieces of paper have is the BTU’s released when they are set on fire. The other side of this coin (no pun intended) is that what US Dollar represents is a promise that value will be exchanged by its use. And that promise is revered around the world enough so that there is a very large demand for the USD. In fact, the last time I checked the dollar was still the world’s reserve currency.

        • Daddyotis

          When you’re starving and the hordes are at your door looking to tear you apart, you’ll remember back to this foolish thread you are standing behind. At the same time, when many here on this forum are safe, fed, and protected, we’ll wonder about you briefly before quickly getting back to tending to our families. Arrogance is your downfall.

          • FortuneSeek3rz

            I choose education and rationality. This is not the Walking Dead. In the real world population is increasing year over year and in my country there is plenty of food to go around.

        • Gay Veteran

          “…In fact, the last time I checked the dollar was still the world’s reserve currency.”

          that is changing rapidly as more and more countries refuse to use the dollar

          • FortuneSeek3rz

            Yet today’s yield on the 10 yr is 2.21%. Nowhere close to the vicinity of desperation or lack of buyers.

          • Gay Veteran

            ROFLOL, and yet the use of dollars continue to decline.
            and what does 2.21% have to do with the continuing destruction of the American middle class? our savings earn pennies while our costs go up

          • FortuneSeek3rz

            It has to do with U.S. dollars and Treasury Bonds still being in great demand throughout the world. In Venezuela, Argentina and Egypt among others, there are black markets for U.S. dollars. The world recognizes the ability of the US to honor debt contracts.

          • Gay Veteran

            I see you avoided the point I made:

            and yet the use of dollars continue to decline.

          • FortuneSeek3rz

            Still far and away the largest holding of diversified currency reserves among central banks. Yes it has been reduced but the effect of Fed Reserve monetary policy ripples throughout all of the major economies abroad. USD is king for the foreseeable future.

          • Gay Veteran

            “…the effect of Fed Reserve monetary policy ripples throughout all of the major economies abroad….”

            hey Einstein, why don’t you stop and think about the Fed’s zero interest rate policy s*rewing over the savers in THIS country for the benefit of the banksters. The only reason for ZIRP and QE was to prop up the Big Banks while Main Street rots!

            USD is king until it isn’t, and that day is growing closer and closer.

        • Most dollars are not even issued by our government, but exist as “checkbook money” created by banks as they make out loans. These loans must be paid back with interest, requiring in turn more loans to be taken out. In other words, we are required to borrow money from banks in order to maintain a stable money supply and avoid suffocation by deflation. As a consequence, total debts outstanding are up to $68 trillion – an amount that, by design, can never be repaid.

          We need a sovereign money system with money issued in an amount set by an independent board within the Treasury. Money would be backed not by debt, but by its usability in productive enterprise, and would be spent into circulation as pay for government workers or expenditure on operations.

    • Mondobeyondo

      Prosperity? Huh? Are you living in 1964?
      This country is prosperous in name only.
      The reality is, the U.S. is flat broke.

  • jakartaman

    Michael, Anyone with a modicum amount of intelligence knows what you are doing and really appreciates your work. It is inconceivable to me that more people are not preppers – However, It is also inconceivable to me that Obama got elected TWICE. Those that think this ponzi scheme is going to go on forever deserve what is coming – just like America has gotten with the American hater Obama

    • Gay Veteran

      why are you surprised??? Bush the stoopid got elected twice (well, probably not the first time, but still)

      • jakartaman

        You are like a virus and STD
        You and your ilk are a big part of America’s problem. I wonder why Gays like Barry???

        • Gay Veteran

          typical, can’t defend your position so you automatically turn to name calling. utterly pathetic.

          • tihseraslarebil

            your position is up the hershey highway, no?

          • Gay Veteran

            still talking into a mirror, eh

        • Few people here “like” Barack Obama, the corporate kiss-ass whose biggest achievement has been record highs in the stock market combined with record low labor market participation. In other words, he has been a president of the rich.

          • tihseraslarebil

            LMAO, so now obama controls the fed? bwahahahhahhahahahahaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

          • Obama doesn’t control the Fed but definitely has influence over it to a large degree. Obama, in turn, bends over backwards for the big banks.

      • tihseraslarebil

        would you rather blow obama or bush?

        • Gay Veteran

          neither.
          are you still beating your wife? or is it a goat?

          • tihseraslarebil

            would you rather blow obama or bush?

          • Gay Veteran

            guess you hear “baaaaaaa” a lot, but at least it’s a female goat

          • tihseraslarebil

            taking a dump in your open mouth

          • Gay Veteran

            guess you hear “baaaaaaa” a lot, but at least it’s a female goat

          • tihseraslarebil

            you are a teabagger

          • Gay Veteran

            no, but your dad and mom are

          • tihseraslarebil

            your parents must be so sad to have a gay son

          • Gay Veteran

            your parents must be so sad to have a retarded son

          • tihseraslarebil

            gotcha, your parents are crying every day about their gayboy son

          • Gay Veteran

            poor pathetic delusional troll, I truly feel sorry for you

          • tihseraslarebil

            your parents pray every day for their gay son

          • Gay Veteran

            your parents pray every day for their pathetic troll

          • tihseraslarebil

            your parents wonder where they went wrong, did they raise you as a homo?

          • Gay Veteran

            your parents wonder where they went wrong, did they breed a retard?

          • tihseraslarebil

            ** I WIN AGAIN AND AGAIN AND AGAIN **

          • Gay Veteran

            oh my, the monkey is eating its own poo again

          • tihseraslarebil

            complete slaughter, lmao

          • Gay Veteran

            indeed, of you

          • tihseraslarebil

            your parent are crying for the gay son

          • Gay Veteran

            your parents are crying for their troll son

          • tihseraslarebil

            clearly, I am superior to you

          • Gay Veteran

            sad, so very sad, your parents must be heart broken at having raised such a troll

          • tihseraslarebil

            you lick mens testicles, what more needs be said

            ** * I WIN * **

          • Gay Veteran

            poor pathetic delusional troll, I feel sorry for you

          • tihseraslarebil

            you continue to lick mens testicles, ** * I WIN AGAIN * **

          • Gay Veteran

            poor pathetic delusional troll, I really feel sorry for you

          • tihseraslarebil

            your parents are crying,”why is my son a freak?”

          • Gay Veteran

            your parents are crying,”why is my son a freak?”

          • tihseraslarebil

            ** I WIN AGAIN **

          • Gay Veteran

            oh my, truly delusional.
            now go change your diapers

  • DJohn1

    The problem is that no matter what anyone does, the situation will be the same.
    Short term, make sure you have a year’s worth of food in storage.
    Make sure the gas cans are filled and ready when the stations are closed down.
    Make sure you are a small target. That means keep it all secret what you are doing and how you are doing it because the same government will confiscate anything you have if they know about it. Remember the meek will inherit the Earth.
    Guns are not a good answer. The government will have you out-classed in weapons no matter what you do. If they are at your doorstep you have all ready lost. So be respectful. Be polite. Speak only in a normal voice. Obey the swat teams in anything they command. Maybe, just maybe, you might even live to see another day. That is the only way to survive under those circumstances. Afterwards, your lawyer will have a field day with them.
    Do not volunteer anything. Simply answer yes or no to direct questions. If it becomes necessary, the less you speak the less you will be in trouble with these thugs.
    Request a lawyer right away when it becomes apparent these people want to do you harm.
    Then shut up.
    Never ever say anything on the Internet that you would not wish the entire world to hear.
    WE are a society of people of all walks of life in this country. One of the best things I ever did was befriend a man from the poor side of our society. He had a trade. He was a auto body man.
    But he also had a fascinating history of belonging to the U.S. Marine Corp. early in life.
    He came with baggage. He was a drunk. He was divorced. He had no driver’s license because of lack of payments to child support. Eventually that drunk behavior killed him.
    He was also one of the best repair people I have ever known. He knew more ways to fix a broken car than anyone I have ever known.
    He knew how to repair plumbing. He worked with cement.
    He helped us put a fence up.
    All for $20 here, or $20 there.
    I miss this guy. Even today.
    Instead of condemning this person for everything that was wrong in his life, we befriended him.
    Where all of us are going, is to that poor side of town when the SHTF.
    I suspect the best survival manual out there will be Jesus.
    The principals that he taught us to live by are the real rules of life and survival.
    I have gone through rough times before. I will miss the good times. But I also get on my knees and thank God. I follow where he leads, meaning Jesus leads in the name of his father.
    That has nothing to do with the churches. It is good to find a church you like and attend services. The messages from the ministers of those churches will help guide you.
    Because nothing else in this life will guide you through the rough times to come.
    Volunteer at church for helping other people.
    It will come back to reward you when you least expect it.
    Follow Christ in everything.

    • victorstock86 .

      Thank you very encouraging and to the point, I know guns aren’t the answer & it really all does come down to knowing Jesus huh? I think I need to get to know him more!
      Sorry about your friend btw :(
      Peace.

      • Shug

        “He was also one of the best repair people I have ever known. He knew
        more ways to fix a broken car than anyone I have ever known. He knew how to repair plumbing. He worked with cement. He helped us put a fence up. All for $20 here, or $20 there.”

        One could argue that you took advantage of this man and his skills by paying him a worthless amount of money. Perhaps you should have taught him that his skills were valuable and that he could ask and get more money for his work. Instilling a sense of purpose and self worth in an addict can go a long way to cure their illness. This is a fact.

        If you are really going by what Jesus said he tells the rich man to give up everything he owns and follow him. Will you be willing to give up what you own when the shtf and give everything to strangers? Probably not because you will say that you are supposed to take care of your own family first (of course this is nowhere in the bible and is a philosophy that only exists in the minds of men).

        • victorstock86 .

          Jesus spoke specifically to one rich man who was bound by his possessions, it was not a universal commandment, don’t take it out of context; notice he never said anything like that to anyone else not even his own disciples. One of Jesus female followers Joanna of the House of Chuza was a custodian of Herods household and had the means support Jesus and the disciples (Luke 8:3) Clearly she was wealthy yet Jesus never told her to give away all she had; and yes I will and have helped people in need…and taking care of family is in the bible, it is a VERY important principle:

          “But if anyone does not provide for his own, and especially for those of his household, he has denied the faith and is worse than an unbeliever.” – 1 Timothy 5:8

    • K

      John 22:36 He said to them, “But now if you have a purse, take it, and also a bag; and if you don’t have a sword, sell your cloak and buy one. Sometimes resisting evil, is more important, than living another day. This is the only point I disagree on. I have had the privilege, in the past to talk to Jewish death camp survivors. The one thing they all agreed on. They wish they had resisted, when they came for them.

      • T.

        Yes. You are right about that K. Guns are good for protection of family and property. It is the American way going back to 1776. Also. Aleksandr Solzhenitsyn made the same statement – That if they had guns (they did not) it would have made the police think twice before coming to take them to the gulags.

  • RBurns

    Prepare! Prepare? How much fuel can you store? Water? Food? What use is gold? I would not give you a pound of rice in exchange for a ton of gold in starvation times. How much insulin can you store up if you are diabetic? Americans are on endless amounts of meds for all sorts of health issues. Cut off the meds alone and millions will die. Just how realistic is preparation in a technological culture? How many candles can you store and even if you know how to make candles how much material can you store? Perhaps a very few living in a communal culture can sustain for a period of time but not many. The collapse scenario still relies on things still working at some sophisticated level. But let’s suppose you do go off the grid and you are skilled at survival. You can actually feed yourself and family with a bow and arrow. You know how to garden etc. But you whack your foot or leg one day while chopping wood. So what now? What do you do about that infection that is resistant to antibiotics orally and what you need is IV antibiotics. This survival business is hogwash mostly. Yes, a few can pull it off but most cannot in a true collapse. I do think this blog is valuable and interesting, but it is unrealistic in too many ways. I am not saying that collapse cannot occur. There are scenarios for all sorts of potential events. The extreme ones though will not respond to “preparations” that the average person might attempt.

    For my part, I have made limited preparations but with the assumption that a collapse will not be total and recovery impossible. I cannot be an Alamo at my age though I can afford to do more. I choose not to. I look for a cyber attack which will bring down utilities for a time and perhaps disrupt banking. Those can be restored with time. The question becomes how much time. I can go six months as long as water keeps flowing and it might not all things considered. Unfortunately, I no longer live in proximity to a swamp which provides, in my opinion, the best opportunities for extended survival if one can hunt and fish and use outdoor survival skills.

    Perhaps most do not prepare because they do not see the point. I think many do not prepare because they simply cannot.

    • victorstock86 .

      Exactly!!! You can prepare all you want but there is still the unknown and unseen…and the government could pass some law against hoarding in a crisis and bam: SWAT turns up and takes everything, perhaps even your freedom…I think many ‘extreme’ survivalists are painting a big target on themselves personally…especially if you belong to militia or the like. Thanks for you insight.

      • Hot Rain

        The gangs, criminally minded (aka thugs) will overrun this country. Normal people will become violent trying to survive. Cops and/or troops will be hunted. Another thought, Chi-Com troops. These are the most brutal forces on earth. The UN will put them on the streets to stop total anarchy.
        If you can get out, go. Prepping is useless.

      • III

        Who is going to come through miles and miles of forest or sewer systems? It just won´t be worth the effort.

        “Soft” preppers near or n the big and medium cities, the best they have is a few civilian rifles, the cost-benefice could be worth it.

    • Ian Beattie

      True. A lot of excuses why not to prepare. I would stock up on whatever I can. It’s better to be a little prepared than not at all. Especially if you have a family like I do. Then who can you blame? Don’t forget, there is still time to learn a skilled trade, which is also a valuable tool.

    • Survival Diva

      RBurns,

      You’re correct. . . storing enough fuel and water and food to get through a protracted crisis is impossible.

      It’s impossible for a reason that few have faced. When preppers run out to purchase all the bells and whistles like generators and chainsaws, it reflects that they have not accepted the fact that life as we know it will have changed
      drastically. If we plan to survive, that chainsaw needs to be a tree-felling ax, and a generator can wait until the basics like food storage and preparedness goods are set aside, for it will be useless once the fuel supply runs out. Better to watch a few westerns and take from it that fact that there were no power tools for the simple reason there was no power, just as it is likely to be in a protracted crisis. It doesn’t take an EMP or a CME to unplug the nation. . .
      all it will take is a complete economic meltdown that empties bank accounts, making it impossible to pay the electric bill.

      So, back to solutions. . . forget fuel. Bikes will offer transportation. Tools should be manual. Accepting
      the fact that modern conveniences will just be dust collectors in a protracted crisis is key to survival. It takes approximately 60 gallons of water per person per month to get by. Storing enough water for a protracted crisis will be impossible, but finding a water source, and having a Berkey and replacement filters will get you by (always assume an open body of water is contaminated after a societal breakdown). Food storage is important, and a one year supply will see you through, but only for those who grow a garden–heirloom seed is best, as they can be saved for the next season’s crop, unlike hybrid seed. And as you mentioned, hunting (and fishing) will supplement nutritional needs. BUT do not depend upon hunting as a
      main source of food, as there isn’t enough wildlife to support the populace.

      Meds are a problem that will sadly lead to the death of many, however there are work-arounds. Did you know
      that fish antibiotics are the same as what is prescribed for humans? Check it out on YouTube.

      Lighting is something else you mentioned, and eventually the solution will be what our forefathers did: go to bed at sunset, and get up with the dawn. Today, we have
      solar lighting that will provide light. Actually, most of the
      solutions people seek are answered by how our forefathers lived, such as how to store eggs,unrefrigerated, for months. The problem is, we’ve forgotten what our forefathers knew, but the information is out there if we’re willing to do the research.

      You mentioned that some do not prepare because they simply cannot. I did on an incredibly punishing budget,
      but it required giving up dinners out, and movie night, and walking away from consumerism, of which I was once guilty of. The funny thing is, once I simplified my life, I was finally able to relax, get out of debt, and face what’s coming.

      In the end, it all depends upon whether a person is willing to face a lifestyle of simplicity, or if that reality is too much to bear. It is doable, but it won’t be easy!

      • Ace

        Lucid advice.

    • Gay Veteran

      do not assume that a “collapse” means a Mad Max world, more like Argentina

    • iguana one

      In a collapse, one must have some of everything including gold. Food, water, a gun or two, ammo and a plan for sustaining your way of life. Try and obtain all things real. Not forever. Just for a time. But do not cry because you have no gold. Just get some.

    • tihseraslarebil

      I will eat my food and then take yours

      • ron17571

        Then get shot trying.

  • Phil from Germany

    Said it before, say it again, those who will not listen are condemend. Problem is Michael, the majority is not listening. You can do , write, or whatever you want, the voice of reason will not be listend to. However my friend , there are some who listen

    • Ace

      “Experience keeps a dear school, but fools will learn in no other.” — Ben Franklin.

  • Nick

    Great article. I forwarded it to a couple family members who believe all will be fine “that won’t happen”.

  • Mondobeyondo

    The future has me concerned, but not fearful. I know who holds the future, and it’s not anyone on this planet.

    What is going to happen is inevitable. The die has already been cast. There is nothing that can be done to undo it. Our quality of life – the life that we know and enjoy now, such as it is – is about to hit a brick wall. It WILL happen. WHEN it will happen is the real question, which nobody can predict.

  • Mondobeyondo

    A vague observation:

    There are four dates in modern U.S. history which are major defining points:

    October 29, 1929
    December 7, 1941
    November 22, 1963
    September 11, 2001

    And there may be another one coming up very soon.
    As I’ve said several times, the 1960’s did not begin on January 1, 1960. They began on November 22, 1963. The world changed. So much revolves around that awful day in Dallas… right up even until this present day.

  • Mr. Don

    No compliment on the quality of your thoughts. A rehash of a rehash and past time for you and other young writers discover original thinking instead of spewing fear and threats that, like many people these days, lack any real substance or context.

    I agree, the Boogy Man is coming but never a picture of what the Reaper brings to the youngsters dumbed down to prepare for it, or more importantly, to ask why?, and no insight into the mentality of the hands-on workers who installed a Matrix of Doom into them.

    It’s quite an amusing show for oldster’s who have done well with life and deservedly live on the gravy of that building, but every winner knows what losers look like, and why. And that’s a question the last 4 generations need to examine closely.

    The worst of our society has done their best to reduce many to the lowest common denominator and then to convince them that no one is responsible. Hog wash, but easy to see the divide between young and old, and realize that the coming future is well deserved.

  • guest

    Proverbs 21 3 (and similar in Proverbs 27 12)
    A prudent man foreseeth the evil,
    and hideth himself: but the simple pass on,
    and are punished

    Shall we Hide?
    Zephaniah 2:3
    Seek ye the LORD, all ye meek of the earth,
    which have wrought his judgment;
    seek righteousness, seek meekness:
    it may be ye shall be hid in the day of the LORD’S anger.

    Shall we Flee?
    Deuteronomy 17:16
    Isaiah 31:1, 36:6, 30:7, 30:2, 20:5
    Jeremiah 43:7, 46:24, 42:19, 44:13, 44:14
    Joel 3:19
    Exekiel 30:4, 23:3
    Hosea 11:5
    Joshua 5:9

  • FortuneSeek3rz

    Another point that needs to be made is: don’t put too much emphasis on what a country’s stock market is doing when gauging economic health. The US indexes could lose or gain 5% tomorrow, and in and of itself, it doesn’t mean much for the economy as a whole. Especially now that equities ownership is at the lowest level since records were first kept in 1959. More important indicators are: employment statistics, the dollar value of total national assets, mean household income, GDP, debt to GDP ratio, and also how these numbers compare to the other world economies.

  • Megalon

    Another great article Michael.

    “George Orwell once said that “during times of universal deceit, telling the truth becomes a revolutionary act“.

    We are there. If that doesn’t sum up the times we are living in I don’t know what does.

  • alan

    There’s no waiting and wondering, we’re living it now.

  • Gay Veteran

    Excellent article.
    In regards to our endless wars, see Occupy Peace being sponsored by Gerald Celente: bring the troops home, seal the borders, rebuild America

  • guest

    ” They seem to have the attitude that we should all just sit back and wait for God to do everything for us.”
    God made worms for birds, but He doesn’t throw them down their throats.
    Don’t let the railers and critics get you down. What do they do besides rail and criticize ? Do they make an effort to help the brethren, or just complain because you try to ?
    I appreciate what you do Michael, as do many others. Thank you for being a watchman and doing your best to ‘see’ what enemy is approaching and from what direction.

  • Hot Rain

    I have often wondered why the US has it’s nose in Russian matters. Does it have anything to do with Putin being the 3rd richest man in the world?
    After all, ‘our’ government is based on materialism. And maybe they are envious..

  • Dale Graley

    AWESOME Article! With alot of truth behind it. Thank you. We need to see an article like this EVERY week from you!

  • Bob332

    Unfortunately, the world and this country will have to be humbled BEFORE we all change our way’s. The dark day’s, which are surely coming, will only be diminished and/or eliminated, when the light of TRUTH and a return to God are achieved.

  • Schizzo

    No leaders but on
    Y representatives. Call it what it is supposed to be and force these so called rulers out. Leaders lead the ignorant and rulers control sheep. Representatives serve the will of the people. Believe it!

  • frank1569

    A lot of people don’t want to hear about what’s coming, because there’s nothing they can do about it, and there’s little they can do to prepare, seeing as how they’re living paycheck-to-paycheck with no safety net. So, naturally, feeling hopeless and helpless, they turn to their God – what’s the other choice? Suicide?

  • The watchman

    That is the best article to me that I have read here, thank you.

  • colt triarii

    Superb article.
    I have reached a similar conclusion, that this is primarily a spiritual battle.

    • Prepare yourself spiritually but do be aware that the consequences when collapse does happen will be real, physical, immediate, and worldwide. Do realize that life will indeed continue and that we still need to plan for the future. Brooding on the “end times” endlessly deprives us of the mental will to create a future.

  • Mondobeyondo

    “I Hope You Dance”, by LeeAnn Womack.

    (The late Maya Angelou said this song was one of her favorites.)

    Listen to it. It will give you hope.

  • RICH99

    But when a hurricane is approaching its a real thing , this economic collapse is very obscure and they have many many tricks up their sleeves as we have seen the past 6 Years and it’s like a hurricane in the Indian ocean and they are predicting its gonna hit Florida , they REALLY DONT KNOW ……same with this economic crap

  • Spence

    My question is this, what does it take to wake the sheeple up? I’ve been beating the same drum for the last six years and although, I’ve had a few wake up and listen the majority are quite content to live their lives in total oblivion to the facts that are all around us…………

  • The UN has no power of any sort and the John Birch Society is a tool of the rich and powerful. What we need in the end of all this chaos is a democratic, federal world government, so that the international bankers and industrialists can once and for all be controlled by a uniform set of regulations to stop their cruelty.

  • TimeHasCome

    Great article . I will hold a large family meeting and it will be based on Proverbs 6-6-11

  • larrythelogger

    Actually, the verse we believe is more pertinent is Proverbs 22:3.

    A prudent man foresees evil and hides himself,
    But the simple pass on and are punished. (NKJV)

    I believe the verses in chapter 6 apply all the time, regardless of economics, leadership, politics, etc. but are nonetheless wonderful and good to apply now as always. We just used our life savings to buy a productive ten acres, far from the Free S*** Army. It has a small house, finished metal barn and really good land for farming and raising animals. We’re in the process of moving there as calmly and as wisely as we can. God answered much prayer and we are grateful for His provision and for preparation. However, our sites are on our eternal future. That’s where the peace and calm come from and it sounds like yours does too. BTW, thanks for this site. It’s been most helpful.

  • richzb

    Michael,

    A friend forwarded this article to me this morning.

    He knows that I have been preaching a similar outcome for many years. Prior to 2000, I told people I worked with that we were approaching a top in the stock market – they laughed. Similarly, in 2005 and 2006 I was warning people in South Florida, where I lived at the time, to expect a collapse in real estate; I was laughed at and told I didn’t know what I was talking about.

    I used a similar argument as you – if you understand what is coming, then you can prepare. But I think what is coming will be much worse than most people can or will ever imagine.

    I look forward to reading many more great articles. Thanks for the blog.

  • ron17571

    The problem is that our so called leaders represent,Bankers and wall street and the military/industrial complex. The people? No.
    An economic collapse is coming.Nobody will be prepared.Even if you think you are. Sad but interesting times ahead,bring popcorn!
    Two years of listening to Hillery? That cackle/laugh.

  • Guest

    Love the article

  • Covington

    Great points brought up here. I would strongly agree with the article that you would have tp be a fool not to see decay and collapse of our cities. I live in Tampa. Fl. Lots of decay but new infrastructure works would make one think otherwise. Problem is the projects never seem to get finished.
    I also haul gasoline. Work is slow even with low prices.

  • Don White

    I quote “Since I started The Economic Collapse Blog back in 2009, there have always been a few people that have accused me of spreading fear.”
    Well, what would you call it? This IS what you do . . . you try to make people fear something that FOR FIVE YEARS you have been grotesquely wrong about.
    Clearly . . . you DO NOT understand the world economy or else your predictions would have come true. Clearly, your claims of a collapse are based on incomplete data. You’re obviously missing something. I suspect that you were a B+ student in high school and college. Intelligent? Sure. But never digging too deeply into the work and never achieving true mastery of it.
    While I don’t visit here very often (why would I?) I suspect that the damage that you (and others like you who profit from fear mongering) have done is incalculable when you consider the amount of money people could have made in the stock market and elsewhere.
    You may eventually, like a stopped clock, see some of your nit-wittery come true. But you’ll undoubtedly over-estimate, over-assume and generally over-kill the situation, causing even more fear and panic.
    All that being said . . . should people avoid this site? No, not at all. I think any person who starts with your articles and then builds on their exact opposite would probably do well for themselves.

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