Is the world about to experience an absolutely crippling economic collapse? That is the conclusion that we have come to after years of research. The truth is that the world economic system is essentially a mountain of debt based on paper money that is backed up by nothing. History has shown that any economy based on debt and paper money will always fall apart in the end - especially when greed and corruption are huge factors in the equation as they are today.
In particular, the United States finds itself in a massive economic mess. It was once the greatest creditor nation on earth, but now it is the biggest debtor in the history of the world. It blows the mind to think that the "richest nation in the world" has become the nation with the most debt in the history of the planet in just one short generation.
But rather than learning the lessons of the past, this current administration is making the long-term economic problems far worse by spending American taxpayer dollars as if they were monopoly money. In an effort to "stimulate the economy" and "bail out" troubled financial institutions, the current administration has put future generations in so much debt that it is basically mathematically impossible for them to ever get out of it.
Not that U.S. corporations and financial institutions are doing any better. They have created a financial black hole known as "derivatives" that threatens to destroy the entire financial system at any moment. Most large U.S. corporations are either so highly leveraged or have so much exposure to derivatives (or both) that even a slight shift in the economic winds can capsize many of them.
Of course we all know about how much of a mess American consumers find themselves in. Credit card debt has absolutely exploded this decade and the majority of Americans now find themselves living month to month. Personal bankruptcies and mortgage defaults continue to set all-time record after all-time record. Millions of Americans are losing their jobs and millions of Americans are losing their homes as the economy continues to implode.
So is there hope for the future?
No.
The U.S. government continues to go into debt so fast that it is absolutely mind blowing. Pension funds from coast to coast are broke. Banks are failing at a frightening rate. Millions of good jobs have been shipped overseas for decades and they simply are not coming back. Without good jobs, the American middle class cannot support the bizarre debt spiral that has kept the U.S. economy going for so long.
What is ultimately going to happen is that the financial authorities will flood the money supply with tons of cash in an effort to "print" our way out of the economic crisis. But all that will do is cause hyperinflation and will absolutely destroy the value of the dollar. All of the accumulated wealth of the American people will disintegrate before their eyes as their dollars quickly become worthless.
So, no, the future is not pretty.
And that is what we will be documenting on this website.
A global economic collapse is coming and it is going to rip the world apart.
You better get ready.
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I’ve been awake since July 2006 and I’ve done quite a bit of research into how the world really spins. I found out that the world and all its sheeple (most people on the planet) are spinning around the sun in an elliptical orbit. The scientific fact that the earth indeed does orbit the sun in an elliptical orbit is certainly not in question, but not so for the sheeple of the earth. So, what’s the question about the sheeple? Easy answer. They may end up screwing all of us. Just read the article on this blog titled, “It’s Official: A Majority Of Americans Would Give Up Liberty In Order To Be Safe From Terrorism.” Specifically, the article states that a Mclatchey-Ipsos poll indicates that 51% of Amerikans (yes that’s a k) believe that it is necessary to give up some civil liberties in order to make the country safe from this bogus farce called the “war on terrorism.” God help us. Better yet, the article also states that a USA Today/Gallup poll indicates that 78 percent of Americans approve of the new full body scanners and that the U.S. government wants to install these zapper machines in all U.S. airports. If these two polls are really true, then I can safely say the rest of us (those who are awake) may be really screwed. I say “may”, because I have a little bit of hope that perhaps these polls are a total farce. Let’s hope that is the case. On the other hand I continue to do my part in trying to wake up people that have their heads totally shoved up their ***. Unfortunately, I have a co-worker in the office who says, “I don’t want to know”, – while holding his hands up to the side of his eyes as if he’s wearing blinders. The fool just doesn’t want to see. He is a willful idiot and his 24 year old son was recently accepted to the Army OCS (Officer Training School). His son graduates from college in December of this year, but starts the OCS in May of this year. They already told his son to get ready to go to Afghanistan. It’s sad. After over three years of studying hell on earth, I have come to the conclusion that all we can do is keep getting the word out. I’m hopeful, because of what happened in Copenhagen and what is currently going on with the Health Care bill; however, we must never ever become complacent, even after we could stand up and say we won. We must continue to fight the elitists of the world.