The Beginning Of The End
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If The Economy Is Improving….

Everywhere you turn these days, someone is proclaiming that the economy is improving.  Barack Obama is endlessly touting the "improvement" in the economy, the mainstream media is constantly talking about "the economic recovery" and an increasing number of Americans seem to be buying into this line of thinking.  A new NBC/Wall Street Journal poll found that 37 percent of Americans believe that the economy will improve over the next year, while only 17 percent of Americans believe that it will get worse.  But is the economy actually improving?  Not really.  At the moment things are relatively stable.  Some economic statistics are improving slightly and some continue to get even worse.  However, it is very important to keep in mind that one of the biggest reasons why things have stabilized is because the federal government is pumping more than a trillion dollars a year into the economy that it does not have.  The Obama administration is engaging in a debt binge unlike anything America has ever seen before, and yet many economic indicators are still in decline.  So what is going to happen when the federal government stops injecting gigantic waves of borrowed money into the economy?  That is a frightening thing to think about.  The best efforts of our "leaders" in Washington D.C. are not accomplishing a whole lot.  The Federal Reserve has pushed interest rates as low as they can go and the federal government is spending unprecedented amounts of money.  But even with the federal government and the Federal Reserve pushing the accelerator all the way to the floor, the economy is still not improving much at all.  Millions upon millions of Americans out there are anticipating some sort of a "great economic recovery", and they are going to be bitterly disappointed.

But right now there are some "bright spots" in the economy, and you are bound to run into family and friends that will repeat to you the nonsense that they are hearing on the television about how the economy is recovering.

When they try to convince you that the economy is getting better, ask them these questions....

If the economy is getting better, then why did new home sales in the United States hit a brand new all-time record low during 2011?

If the economy is getting better, then why are there 6 million less jobs in America today than there were before the recession started?

If the economy is getting better, then why is the average duration of unemployment in this country close to an all-time record high?

If the economy is getting better, then why has the number of homeless female veterans more than doubled?

If the economy is getting better, then why has the number of Americans on food stamps increased by 3 million since this time last year and by more than 14 million since Barack Obama entered the White House?

If the economy is getting better, then why has the number of children living in poverty in America risen for four years in a row?

If the economy is getting better, then why is the percentage of Americans living in "extreme poverty" at an all-time high?

If the economy is getting better, then why is the Federal Housing Administration on the verge of a financial collapse?

If the economy is getting better, then why do only 23 percent of American companies plan to hire more employees in 2012?

If the economy is getting better, then why has the number of self-employed Americans fallen by more than 2 million since 2006?

If the economy is getting better, then why did an all-time record low percentage of U.S. teens have a job last summer?

If the economy is getting better, then why does median household income keep declining?  Overall, median household income in the United States has declined by a total of 6.8% since December 2007 once you account for inflation.

If the economy is getting better, then why has the number of Americans living below the poverty line increased by 10 million since 2006?

If the economy is getting better, then why is the average age of a vehicle in America now sitting at an all-time high?

If the economy is getting better, then why are 18 percent of all homes in the state of Florida currently sitting vacant?

If the economy is getting better, then why are 19 percent of all American men between the ages of 25 and 34 living with their parents?

If the economy is getting better, then why does the number of "long-term unemployed workers" stay so high?  When Barack Obama first took office, the number of "long-term unemployed workers" in the United States was approximately 2.6 million.  Today, that number is sitting at 5.6 million.

But there is some good news.

When Barack Obama first took office, an ounce of gold was going for about $850.  Today, the price of an ounce of gold is over $1700.

The era of great prosperity that America has enjoyed for so long is coming to an end.

In fact, our long-term economic decline is about to accelerate.

So enjoy this "bubble of hope" while you can, because it won't last long.

As I have written about previously, many are warning that Europe is on the verge of a nightmarish financial crisis that could potentially plunge us into a global recession even worse than 2008.

So let us hope for the best, but let us also prepare for the worst.

Just because the economy is about to go through hard times does not mean that you have to go through hard times personally.

Right now, you can decide to make an investment or start a business that will thrive in a tough economic environment.

Victory often goes to the most prepared.  So don't just sit there while the storm clouds gather.  Instead, this should be a time when you are gathering resources and developing a gameplan for the coming economic chaos.

Those that choose to have blind faith in "the system" are going to be tremendously disappointed in the years ahead.  Just because you have a job right now does not mean that it is always going to be there.  Just because your stock portfolio is doing well right now does not mean that will always be the case.

Hopefully we all learned some important lessons from 2008.  The global financial situation can turn on a dime.  When markets fall apart, they tend to do so very rapidly.

Ultimately, the debate about whether the economy is improving or not is going to be ended very emphatically.  When the next wave of the financial crisis hits, there will be no doubt about what direction things are going.

Don't let the next wave catch you by surprise.

Now is the time to prepare.

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  • Harry

    I went through the recession in the 1970s. I was a fool and entered the university to earn a degree, but then the whole job market began to collapse. First Allied Chemical moved to Iran in 1976. Then Armco the steel plant began to close its operations. Now we have assembly jobs called fast food joints. Sure I have a job, but it requires a backgroud check every year and being fingerprinted every year. First thing I would do is dump all my stocks which I own none. Buy gold, silver and food because these things will become scarce in an economic crisis. We had a power outage that lasted for four days and ice became very scarce. Generators was scarce and even toilet paper became scarce.

  • Iseethruyou

    The collapse of the economy has been pre planned since the 60′s. The reason our gov’t has been running us into debt by the trillions it because it’s all part of the same plan. When everything falls apart, the mega banks will step in and offer to take away our debt for land. As in all the land in the U.S. They will make this offer to all other countries which will collapse. Hence, the U.N. will have total control globally. This is their master plan. For more info read the book ” Iron Mountain, Blue Print for Tyranny”. Or just search it on youtube.

  • jerryo

    this is an excellent posting. The government continues to make it look like we are getting better. You would think people would wise up to the lies they keep hearing. Oh well, if you keep telling a lie long enough, people are eventually going to accept it as fact. Boy are they in a for a rude awakening.

    I am so glad that I found some really great advise from a millionaire.

    He has a free webinar that explains just how it is and how we can prepare for it.

    http://theelevationgroup.net/presentation/register.php?a_aid=160667&a_bid=e6b01db8&chan=y

    Most people are going to be left out in the cold when the collapse happens. Make sure you do something now to prepare yourself for it.

  • A. Veteran

    What most of the people fail to realize is that the first mistake was when Nixon took us off of the gold standard and buffalo’d the nation into thinking that trust in the government and the economy is more valuable than gold. Didn’t he make a deal with Red China before our withdrawl from Viet Nam declairing them the most favored trade nation? Didn’t he pardon Jimmy Hoffa? What happened to the gold that’s supposed to be in Fort Knox? Trust, Nixon? Ok so he escaped the firing squad and resigned rather than be impeached. What were the following prresidents supposed to do with the mess they inherited? Viet Nam, Watergate, Iran, Reganomics?
    We need for the gross national product to exceed the amount of money we spend on forign (Chinese) imports and reinvest on our infrastructure. If we don’t Socialism may be the only realistic solution. Money that is spent in America stays in America. Spending so much money in forign markets that we owe money to is like shopping at the company store.

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