The Beginning Of The End
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Just Open Up Your Eyes And Look – 65 Signs That The Economic Collapse Is Already Happening

Do you want to know when the “economic collapse” is going to happen?  Just open up your eyes and take a look.  The “economic collapse” is already happening all around us.  So many people talk about the coming economic collapse as if it is some massively hyped event that they will be able to point to on the calendar, and a lot of writers spend a lot of time speculating about exactly when it will happen.  But as I have written about before, the economic collapse is not a single event.  The economic collapse has been happening, it is happening right now, and it will be getting a lot worse.  Yes, there will be moments of great crisis.  We saw one of those “waves” back in 2008 and another “wave” is rapidly approaching.  But all of the waves are part of a process that is continually unfolding.  Over the past 40 years, the United States and Europe have piled up the greatest mountain of debt in the history of the world, and now a tremendous amount of pain is heading our way.  Economic conditions in the United States and Europe have already deteriorated badly and they are going to continue to deteriorate.  Nothing is going to stop what is coming.

But many people are still in denial about our economic decline.  Some people still believe that everything is going to be just fine.  Way too often I get comments on my site that go something like this….

“I just don’t know what you are talking about.  Where I live everything is just fine.  The malls are packed, the restaurants are full and everybody I know is going on vacation this summer.  Personally, I am doing great.  I just bought a 60 inch television and a new boat.  Every year all the ‘doom and gloom’ types such as yourself proclaim that an economic collapse is right around the corner but it never happens.  And you know what?  It is not going to happen.  Those in charge know what they are doing and America has the greatest economy on earth.  We have overcome challenges before and we will be able to handle whatever comes this time.  Your lack of faith in America and in the American people astounds me.  Everything is going to be just fine, so why don’t you just *************************************.”

You get the idea.

I definitely understand that most Americans are terribly self-involved these days, but when I read comments like this I am once again amazed at just how delusional some people can be.

Why can’t people just open their eyes and look at the evidence of economic collapse that is all around us?

Yes, there are wealthy enclaves all over the country where things may seem better than ever, but that is not the reality for most Americans.

All over the country, our infrastructure is in shambles.

All over the country, our once proud cities are being transformed into hellholes.

All over the country, formerly middle class families are living in their cars.

There are dozens and dozens of economic statistics that clearly show that we are in the midst of a long-term economic decline.  I have listed 65 of them below, but I could have easily doubled or tripled the size of the list.

I simply do not understand how anyone can believe that things are “great” or that the U.S. economy is going to be “just fine”.

We are living through a complete and total economic nightmare, and hopefully we can get more Americans to wake up from their entertainment-induced comas so that they can begin to understand exactly what is happening to this country.

The following are 65 signs that the economic collapse is already happening all around us….

1. Since Barack Obama entered the White House, the number of long-term unemployed Americans has doubled from 2.7 million to 5.4 million.

2. The average duration of unemployment in the United States is nearly three times as long as it was back in the year 2000.

3. The unemployment rate in the U.S. has been above 8 percent for 40 months in a row, and 42 percent of all unemployed Americans have been out of work for at least half a year.

4. Unemployment in the eurozone has hit another brand new record high.  It is now sitting at 11.2 percent.  It has risen for 14 months in a row.

5. The U.S. economy lost more than 220,000 small businesses during the recent recession.

6. The percentage of Americans that are self-employed fell by more than 20 percent between 1991 and 2010.

7. Overall, the number of “new entrepreneurs and business owners” dropped by a staggering 53 percent between 1977 and 2010.

8. The unemployment rate in Spain is now up to 24.6 percent.

9. Morgan Stanley is projecting that the unemployment rate in Greece will exceed 25 percent in 2013.

10. Since Barack Obama became president, the price of a gallon of gasoline has risen from $1.85 to $3.49.

11. The average American household spent approximately $4,155 on gasoline during 2011, and electricity bills in the U.S. have risen faster than the overall rate of inflation for five years in a row.

12. About three times as many new homes were sold in the United States in 2005 as will be sold in 2012.

13. While Barack Obama has been in the White House, home values in the United States have declined by 12 percent.

14. According to AARP, 600,000 American homeowners that are 50 years of age or older are currently in foreclosure.

15. Right now there are now 20.2 million Americans that spend more than half of their incomes on housing.  That represents a 46 percent increase from 2001.

16. According to Gallup, the current level of homeownership in the United States is the lowest that they have ever measured.

17. Federal housing assistance increased by a whopping 42 percent between 2006 and 2010.

18. In some areas of Detroit, Michigan you can buy a three bedroom home for just $500.

19. All around us our cities are crumbling.  According to the American Society of Civil Engineers, 2.2 trillion dollars is needed just to repair critical infrastructure in the United States.

20. The unemployment rate in New York City is now back up to 10 percent.  That equals the peak unemployment rate in New York City during the last recession.

21. Back in 1950, more than 80 percent of all men in the United States had jobs.  Today, less than 65 percent of all men in the United States have jobs.

22. The U.S. Postal Service is about to default on a 5.5 billion dollar payment for future retiree health benefits.

23. According to Graham Summers, “when we account for all the backdoor schemes Germany has engaged in to prop up the EU, Germany’s REAL Debt to GDP is closer to 300%.”

24. According to the Federal Reserve, the median net worth of families in the United States declined “from $126,400 in 2007 to $77,300 in 2010“.

25. The U.S. trade deficit with China during 2011 was 28 times larger than it was back in 1990.

26. The United States has lost more than 56,000 manufacturing facilities since 2001.

27. During 2010 alone, an average of 23 manufacturing facilities permanently shut down in the United States every single day.

28. The U.S. government says that the number of Americans “not in the labor force” rose by 17.9 million between 2000 and 2011.  During the entire decade of the 1980s, the number of Americans “not in the labor force” rose by only 1.7 million.

29. Eight million Americans have “left the labor force” since the recession supposedly ended.  If those Americans were added back into the unemployment figures, the unemployment rate would be somewhere up around 12 percent.

30. Approximately 53 percent of all U.S. college graduates under the age of 25 were either unemployed or underemployed last year.

31. At this point, one out of every four American workers has a job that pays $10 an hour or less.  If that sounds like a high figure, that is because it is.  Today, the United States actually has a higher percentage of workers doing low wage work than any other major industrialized nation does.

32. Back in 1980, less than 30% of all jobs in the United States were low income jobs.  Today, more than 40% of all jobs in the United States are low income jobs.

33. According to one study, between 1969 and 2009 the median wages earned by American men between the ages of 30 and 50 declined by 27 percent after you account for inflation.

34. In 2007, the unemployment rate for the 20 to 29 age bracket was about 6.5 percent.  Today, the unemployment rate for that same age group is about 13 percent.

35. According to the Bureau of Economic Analysis, health care costs accounted for just 9.5% of all personal consumption back in 1980.  Today they account for approximately 16.3%.

36. Medicare spending increased by 138 percent between 1999 and 2010.

37. Over the next 75 years, Medicare is facing unfunded liabilities of more than 38 trillion dollars.  That comes to $328,404 for each and every household in the United States.

38. Back in 1990, the federal government accounted for 32 percent of all health care spending in America.  Today, that figure is up to 45 percent and it is projected to surpass 50 percent very shortly.

39. Back in 1965, only one out of every 50 Americans was on Medicaid.  Today, one out of every 6 Americans is on Medicaid, and things are about to get a whole lot worse.  It is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.

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

41. Since Barack Obama entered the White House, the number of Americans living in poverty has risen by 6.4 million.

42. The number of Americans on food stamps has risen from 32 million to 46 million since Barack Obama became president.

43. Right now the poverty rate for children living in the United States is 22 percent, and approximately one-fourth of all American children are enrolled in the food stamp program at this point.

44. The number of children living in poverty in the state of California has increased by 30 percent since 2007.

45. Child homelessness in the United States has risen by 33 percent since 2007.

46. According to the National Center for Children in Poverty, 36.4 percent of all children that live in Philadelphia are living in poverty, 40.1 percent of all children that live in Atlanta are living in poverty, 52.6 percent of all children that live in Cleveland are living in poverty and 53.6 percent of all children that live in Detroit are living in poverty.

47. Approximately 57 percent of all children in the United States are living in homes that are either considered to be either “low income” or impoverished.

48. According to the U.S. Census Bureau, the percentage of Americans living in “extreme poverty” is now sitting at an all-time high.

49. In the United States today, somewhere around 100 million Americans are considered to be either “poor” or “near poor”.

50. It is now being projected that about half of all American adults will spend at least some time living below the poverty line before they turn 65.

51. Total home mortgage debt in the United States is now about 5 times larger than it was just 20 years ago.

52. Total consumer debt in the United States has risen by 1700 percent since 1971.

53. Recently it was announced that total student loan debt in the United States has passed the one trillion dollar mark.

54. According to one recent survey, approximately one-third of all Americans are not paying their bills on time at this point.

55. In 1983, the bottom 95 percent of all income earners in the United States had 62 cents of debt for ever dollar that they earned.  Today, the bottom 95 percent of all income earners in the United States have $1.48 of debt for every dollar that they earn.

56. The United States was once ranked #1 in the world in GDP per capita.  Today we have slipped to #12.

57. According to the U.S. Census Bureau, 49 percent of all Americans live in a home where at least one person receives benefits from the federal government.  Back in 1983, that number was below 30 percent.

58. Incredibly, 37 percent of all U.S. households that are led by someone under the age of 35 have a net worth of zero or less than zero.

59. Today there are approximately 25 million American adults that are living with their parents.

60. The U.S. dollar has lost more than 96 percent of its value since 1900.  You can thank the Federal Reserve system for that.

61. During the Obama administration, the U.S. government has accumulated more debt than it did from the time that George Washington took office to the time that Bill Clinton took office.

62. Overall, the U.S. national debt has grown by nearly 10 trillion dollars over the past decade.

63. The U.S. national debt is now more than 22 times larger than it was when Jimmy Carter became president.

64. 40 years ago the total amount of debt in America (government, business and consumer) was less than 2 trillion dollars.  Today it is nearly 55 trillion dollars.

65. As Financial Armageddon recently point out, so many homeless people are pooping on the escalators at San Francisco’s Civic Center Station at night that the escalators are breaking down and repair teams have been called in to clean up the mess.  As the economy gets even worse, will scenes like this start playing out in all of our cities?

  • Washington

    This week, the House of Representatives will take up a tax extenders package to prevent the Bush tax cuts of ’01 and ’03 from expiring at the end of the year.

    Earlier this month,the House Ways & Means Committee to include full repeal of the estate tax (AKA – the death tax) in their tax package.

    Unfortunately, Speaker Boehner and House Leadership have signaled the package will simply be an extension of the current rates – for the death tax, that means keeping the rate at 35% for those with an estate valued at over $5 million.

    Now, compared to the 55% tax on estates valued over $1 million, which the death tax would fall back to if the current rates aren’t extended, that doesn’t sound too bad.

    But when compared with H.R. 1259, the Death Tax Repeal Permanency Act, such a continuation of the status quo falls flat on its face.

    The Death Tax Repeal Permanency Act is a bill Campaign for Liberty has been supporting alongside a coalition of family businesses and outside organizations committed to lower taxes and limited government.

    Some may reply that “their families can afford it,” or “they’re just paying their fair share.”

    But let’s be honest.

    Aside from the hidden inflation tax, the death tax is one of the most insidious, immoral taxes forced on some Americans. Death should not be a taxable event, especially not on wealth that has already been taxed by the government throughout the individual’s life.

    And as our out-of-control government grows deeper in debt every day, what’s to stop them from lowering the threshold to require more Americans to pay up?

    Simply put – “No taxation without respiration!”

    Directory of Representatives

    • Gay Veteran

      gee, you sound like a tool of the billionaires who run this country

      “…Death should not be a taxable event, especially not on wealth that has already been taxed by the government throughout the individual’s life….”

      capital gains are not taxed until the asset is sold

      massive inherited wealth perpepuates the new aristocracy running this country

  • Barn cat

    U-6 unemployment is 15%. The real unemployment rate as calculated by is about 23%.

    One of the last and most important events in the collapse will be the collapse of the dollar. That will lead to a complete collapse of the economy, the loss of electricity, and mass starvation in America. I think that’s coming this fall.

    • BFH

      I’m most sure it is not coming this fall but, it is coming!

  • cerisa

    I think this is article is a good summary our current condition. Don’t bother to circle a date. I do my research, but, in the past few years, I only have to look at my own community to see it eroding. When denial no longer serves its purpose, and ‘circling the wagons’ isn’t working, there is a painfully long fall to what is and has been going on. At least it may allow people to have their delayed moment of righteous indignation. They can be the first on their block to wonder how this could possibly have happened to them? All I can say is, that in the end, we will only have our faith and whatever values we feel define us. No one here, walking on this earth,holds the script for where this is going. I believe when ‘it’s up close and personal’ for each of us, we will have ample opportunity to meet our ‘real selves’. Let us all hope it is a meeting we are relatively “OK” with….

    • BFH

      There is a silver lining to an economic collapse,
      and that is that it will put most of us in the same boat. As it is right now the economy is picking us off in small groups. As indicated by your post. Sadly it will continue that way for some undetermined period of time. However, at some point the straw that broke the camels back will be true. There will come a time that the so called slow collapse will go supersonic into a full blown total collapse.

  • Martin Zehr

    A perfect storm has hit us and we cannot escape. Our best intentions have produced the worst of consequences. Our schools have failed, our industrial capacity has moved overseas, our young people are self-indulgent, our cities are filled with below minimum wage workers, our resources have been pushed beyond their carrying capacity, our politicians have “kicked the can down the road” on everything, our debt grows on the individual and governmental level, our President has failed to lead and we have failed to roll up OUR sleeves to rebuild the mess left from the financial collapse of 2008. Blame him, blame her, blame them, blame me. (Oops, don’t blame me! I was out of town at the time!) Good intentions aren’t enough. We are stuck with the fact that we are not going to like the medicine we have to take. Suck it up, America. Stop whining and get to work!

  • bill


    • mike Beale

      Fool me onc, shame on you. Fool me twice, shame on me.
      It’s sad that obummer can and may win again.

    • Eric

      Until people stop acting like sheep, not much will change. I direct people to sites like this so they can find out the real truth, not the lies spread by politicans.

    • Ron

      While im not an Obama supporter.I blame congress for a lot of our problems.Yet i hear liitle talk about this special class of aholes who have no term limits like kings.They are so out of touch! I wouldnt have let them go on break.At least other presidents shake some hands and make deals.I read Obama just leaves it all to Harry Reid and many of congress have never even met the president.I see no change no matter who is president with this congress.Prepare.

      • sk

        Thank you for seeing this! No matter who is the President, congress has the real power, they know that who ever only has 8 years and the can stone wall and filibuster til they get some idiot who will do what they want. I think all politicians should have a 2 term limit. Our founding fathers never intended people to be career politicians, they intended that people would do their service and go back home to their real jobs.

  • Louise in MO

    My earliest of recollections are that of being poor. I didn’t know we were poo. I thought everyone ate bread and mustard or bread and ketchup for a snack. Potato soup and navy been soup was our daily food. Sunday, was special because it was meatloaf.

    We went on to better places, better food and my family survived.

    So, poverty is a time in my past; And, I suppose it will for me be a return to my roots.

    It’s been nice to have “things” but I know by experience that your family is the most important thing you need and together you can live through anything!

    • Optimistic Pessimist

      You’ve just reminded me of a childhood memory. My parents used to lift share with a kid down the next street from us when I was 7-10 years old. Whenever I went round his after school his Mum made ketchup sandwiches. I wasn’t particularly fond off them, feeling that there should have been something extra in the sandwich but ate them out of politeness, I remember he and his sister loved them. It never occurred to me at the time that they might not have had a lot of money – doesn’t really occur to you at that age.

      I wonder how the children now will remember all of this in ten years time.


  • Antonio Gonzalez

    64- 40 years ago the total amount of debt in America (government, business and consumer) was less than 2 trillion dollars. Today it is nearly 55 trillion dollars.

    But some few people own millions and millions of dollars.

  • http://googlecrome sequoia

    Orange Jean:
    My family and I moved to San Diego in 1994,and in 1995,we mved to Baja California,Mexico.Since then I have noticed more and more Americans,moving to Tijuana and surrounding areas.Since the year 2008,is when I really noticed more people from the USA,living down there,and commuting over the border to San Diego,to work and go to school.
    There have always been homeless people in San Diego,but now I have noticed many more than before.
    Chula Vista used to be nice,but now the crime has gone up,and there are Narco kidnappings there,more violence and homeless people there,than back in 1994.

    • Orange Jean

      Thanks! I was having a hard time putting the dates on those comments, but I did not live in San Diego until a lot later. I only knew one guy who lived in TJ, but he was from there but had gone to school in San Diego and had a small business (trucking) where he’d cross the border daily.

  • Washington

    Court Demands TSA Explain Why It Is Defying ‘Nude’ Body Scanner Order BY DAVID KRAVETS 08.01.12

  • doctor blue

    well when you are sitting around the camp fire to keep warm, eating rat meat on a stick and drinking water from a nearby stream you can joke with your friends about “the good ole days” (today that is!) You will talk about your SUV getting 12 miles to the gallon, your 60 inch Plasma TV, your 5 bedroom house with the pool. Today is as good as it’s going to get and tomorrow will be worse than today, you can bet.
    Prep Hard – prep Fast, Time is very SHORT!
    What is coming, is HELL ON EARTH!

  • Jonno

    Ok, your all going down the tube because you let a mob of mass murderers run your country for 8 years, Bush and Co. that is. The entire world hates the USA, I think you even hate yourselves now that many of you know what your baby killing military has been up to. Well what to do? Get off your arses and buy a ticket to somewhere the economy is great, the weather beautiful, the food delicious, jobs everywhere, the air and sea is clean and most people are happy and relaxed. You will be welcomed to Australia if you can just shut the f up and work at becoming one of us. Oh yes, the wine and beer are damn great too!!

    • Kevin2


      If Kerry won in 2004 Free Trade would have been reversed, jobs brought back to the US and the troops brought home.

      Oh, John Kerry voted for Nafta and China Free Trade and the war. Oops.

      We went down the tubes because the government through both party’s has handed over control to the power elite. It did not happen yesterday either. The “Saviors of the Working Man” Democrats marched lockstep with the Republicans and 80% of these Democrats in US Senate voted for China Free Trade which was ever so slightly behind the 83% Republican vote.

    • Doug

      @ Jonno. I live in the best country in the world… Canada. Sad, but our neighbours to the south are the Americans. When they say “jump”, our leaders say “how high”. I have an Aussy friend, she keeps saying for me to come down, im really thinking of it now….

    • Federalist45

      If you understood the United States, you would understand that in none of those 8 years of the Bush Presidency did the President enjoy, as Obama did for two years, a supermajority House and Senate. Indeed, Bush lost any control of Congress in 2006. While Bush’s was, pardon the expression, merely a pale imitation of Obama’s Statism, it was, neverthless, Statism. It certainly damaged the future of the U.S. over the first six years of his Presidency. But it was nothing–nothing–compared to either the last two years, under a Democrat Congress, or the years since 2008, when Obama has done all he can to sink the nation.

      By the way, you exist, of course, because of the sacrifice of hundreds of thousands of American sailors, soliders, and marines in WWII. If even alive, you would be speaking Japanese and working at a Mitsubishi plant today. I would suggest you and the rest of the Western World take a hard look at your history in the 20th C, then talk to us in the U.S. about how hated we are and why.

      Mostly, why don’t you read the Declaration of Independence, the U.S. Constitution, and a little U.S. history before spouting off like some dumb Crocodile Dundee imitation.

      • Kevin2


        Yep great country but bad leadership.

        I totally agree regarding WWII. It’s also the last justified war, military action, conflict, police action, dispute, altercation or whatever it’s called. That action in which the military is used. Well we did right, contributed greatly in saving the world with that one.

      • Gay Veteran

        Obama has built on the foundation laid by George W. Bush and previous presidents

        • Louise in MO

          GAY VETERAN

          IF Obama has built anything at all, it’s filled with quicksand and he’s more than willing to kick us in it!

      • John W.

        Sad how things have changed. In 1967 I made a Med Cruise on the Carrier America.Every port where the ship visited and offered tours we were mobed by people wanting to see the ship and meet the crew. That would never happen now. The general attitude was friendly even though there was some resentment as to the Vietnam war. People still looked up to and admired the US and remembered the help we extended after WW2.

  • ralph nomad

    Comming economic colaps of course.If you want to know more read about the rothchilds they designed the system. Prepare now there is not much time thats true. But prepare for what? Prepare for Jesus’s return. If your not familure with the new testament read it.Jesus says money will fail. There is a time he calls the great tribulation in which he will return the bible writes. he says in those days the kingdom of heaven will be like ten virgins five wise five foolish. the wise braught extra oil to keep there lamps burning the foolish did not. The foolish had to return to the towns to buy oil in the mean time the bridegroom returned and let the wise in and closed the gates. When the foolish returned it was too late for them the gates were closed. It is written that Jesus said the lamp of the body is the eyes.Jesus says I come like a thief in the night at an hour you do not expect and then tells us to be on gaurd and watch for him less he comes at a time in which we are not looking for him and he leaves us to the fate of the world.So when the great tribulation starts our whole mission in life has to be watch the skies for Jesus day and night but be wise and bring enough oil (food and supplies) to keep your eyes watching.I do not know if he will return before or after money fails.We all need to be prepared not only with supplies but spirtually. be baptised and we need to confess our sins to a person all of your sins. It does not matter to who but not in a dark pullpit as the catholic church but in the light. Its hard but it is cleansing and will bring your sins from darkness to light. Then consider taking the lords supper after you have clensed your self. And stop sinning. do all you can to stop. Keep not only the ten commandments but also Jesus’s commandments. I believe its a good idea to prepare a place out side the cities and towns to wait. If you see a new jewish temple built in the place the old one stood thousands of years ago and a false leader on its throne leave the cities and towns immediately.But thats my own thinking. Jesus says when you see the abomination that makes desolate standing in a place it ought not be leave and dont return to your house for anything.I believe Jesus put this information in parables so it would not be changed and when the time came people would know. If you dont go with Jesus dont try to survive. It only leads to being inslaved to a computer and the devil when people recieve its mark on there right hand and forhead in order to buy and sell I believe.Will they give life to the computer? I believe so but worship the Holy Father not the Image of the beast which I believe is the living computer.The sad thing is this horable thing has been planed by the ones that own and control the central banks of the world.They have betrayed mankind and worked for the devil in order to enslave us. Yes this sounds crazy but its true.Find the truth for Yourself Reserch who owns our Federal reserve. These people who call themselves jews but are not.They can create money out of thin air then we pay them intrest on money that they have created.Find the truth for yourself. The wars we are about to start are not for good its only to give these bankers more control. Please don’t believe the lies we have been fed.find out for yourself. The truth seemes crazyer than any movie. Bless You and good luck.

    • GL

      My shopping list: total … $35,676.65 Dollars used for required toilet paper.

    • mohican

      god grants wisdom to thoose whom seek it i also see this is truth. I deny the rothshild, illuminait or whatever society that is behind these works. i know there works and they are the work of lucifier

    • Alan

      I wouldn’t worry about Jehovah showing up, but armed hungry people most definitely.

  • Joseph E Fasciani

    What are you thinking? Everything has played out purr-fect-lee for the ruling class. The USSA [not a typo] has achieved what Gerhard Schroeder said it would do, some thirty years ago, when he famously remarked [my German’s rusty] that the USA would be the first nation in history to go from First World status to Third World w/o passing through a transformational middle way. I say “Good JOB! Well Done, corporatist fascists!”

  • Attila the Fun

    Steps to recovery:

    1) Undo anything Woodrow Wilson did;
    2) renounce free trade and reinstate the tariffs;
    3) pass Glass-Steagall (and renounce TARP);
    4) vote 99% of the rascalions out of office (change their retirement to SSI, get rid of their Cadillac health plan and put them on Medicare);
    5) pass the Tobin Tax;
    6) Get rid of ZeroCare;
    7) Bring back the production jobs from overseas and;
    8) Shut off the television and read a book.

    • GL

      will YOU ALL do this? nope…so game over.

  • Gary2

    tea bikllies defending the bush tax cuts for the rich–what a bunch of foolish dolts.

  • Eric

    I love reading articles like this and then seeing President Obama stand in front of a crowd and tell them his policies have turned the economy around. I think to myself is Obama living in Oz? Our economy has not turned around and the lamestream media refuse to actually report the facts. People need to wake up and see the truth.

  • Insane

    In 1999 to 2001 my wife and I opened 4 successful business. By 2011 we had shut them all down due souly to State and government regulations. The only reason it wasn’t devistating was because I’ve watched and studied the economy for years and seen this coming along time ago. You have to be deaf, dumb and blind not to see what’s coming.

  • lee

    CONGRATS on being picked up by shtf site for this story !

    I looked at many prepper sites months ago and they are the best IMO.

    zerohedge and drudge will pick you up soon enough, you’re ahead of the curve on this economic collapse era !

    • Michael


      Thank you for saying that. I am always so honored when other sites consider these articles to be valuable enough to share on their own sites.


    • mondobeyondo

      Thumbs up on my behalf! :)

  • liberal

    “So many people talk about the coming economic collapse as if it is some massively hyped event that they will be able to point to on the calendar, and a lot of writers spend a lot of time speculating about exactly when it will happen.” So coming is the kingdom of God.
    Luke 17:20 And when he was demanded of the Pharisees, when the kingdom of God should come, he answered them and said, The kingdom of God cometh not with observation:
    Neither shall they say, Lo here! or, lo there! for, behold, the kingdom of God is among you.

    • Alan

      Its a slow motion train wreck that will play out over the next several years. These things happen over and over throughout history. There is nothing magical about it.

  • maria

    i think that this site is just over-ly pessimistic….

    yes there is a crisis and an economic meltdown…. but with the right attitude you can find solutions … the important is that you have a strong family and friends network so that you can help each other … single mother with a baby to feed and cannot find a job? where are your parents and friends that can host you while you seek employment? cannot pay bills? again where are your parents and friends? do we all need an expensive car or eat outside? biking and cultivating vegetables will do …. cannot afford a house? a camper can do too…
    it is all about perspective and making sure that you have solid values to start with …

  • DeDannan

    An interesting report! However, I would remind that this crisis has started in 1989 after the break up of the USSR and is affecting most of the world,not only the US of A. There was already a preview in 1991, even if it did not do such damage as in 2008. But countries worldwide felt the pinch. and the slide started… Already then, people lost jobs and companies went bankrupt. But, debt was not as deep as now, and governments were able to hold on. In the 90’s, we were hearing about tens of billions. Now, it is by tens of trillions. Sorry to say, but it will get much worst and for some time before it starts to get a bit better.

  • Federalist45

    Jonno, You wrote: “Ok, your all going down the tube because you let a mob of mass murderers run your country for 8 years, Bush and Co. that is. The entire world hates the USA, I think you even hate yourselves now that many of you know what your baby killing military has been up to.” How something this vicious, hateful, and means-spirited can make its way through the moderators on this website is an interesting question, but more importantly, I am compelled to point out that my own uncle, and hundreds of thousands of other U.S. soldiers, sailors, and marines died to save Australia from the Japanese back in 1942. Hundreds of thousands of others died to save Europe twice. And much of the current debt of this country is the direct result of defending the entire world against the threat of totalitarianism of the Left, whether Fascism or Communism, since 1914. Has America lost her way? Yes, because Statists such as Bush and Obama insist on imitating the idiocy of the “liberal democracies” of Europe. But I never want to hear any of you–from Australia to France to Russia call Americans “mass murderers” or any such thing. Next time you get yourselves into a fine fix and face extinction, don’t ask us to die to save you.

    • Louise in MO


      You got it right! Amen!

  • David

    Let the whole thing collapse! There is no solution here but a new start . .. . Stop fooling ourselves with these get-around solutions . . .

    This fall, the whole Global Financial System will come to its knees and crash and that will be the new beginning for our civilization. The battle of Good and Evil is about to come to their final confrontation . . . .The Greed of the Rich, who are unwilling to distribute the money to the rest of the world, it finally would come to end soon. The Good should prevail . . .

    There is no way this could be sustainable and for those who are living in the fantasy land, it is about time for them to wake up and get a grip of reality . . . . ..because the party is about to be over. I know some people may be moaning about my comment . . . ., but hey, I am speaking the truth . I am sure time will tell . . .Whatever may come out of this crisis may be unpleasant at the glance but eventually it is necessary to reset itself, and the time is near.

  • GL

    Yes you guys in the USA scare crap out of me. I am from there but have been gone for the past 15 years and have just watched the circus from afar. The way things are ran there is the reason that I left in the first place. If you cannot fix it then forget it! Unfortunately I have kids and grandkids there. So now, after all of this time, I must return to PREPARE for what is coming. I am really sorry to be a part of the end of life as you all knew it. It will not be bad, it will, for sure, be VERY bad. I suppose we may be some of the lucky few that have resources to actually prepare for the depression days. I have calculated it will cost around 35,000 dollars to “be ready” in order to make it. I am aware this is a HUGE amount for the average Joe to come up with. Most owe that much on “cards” My father told me when I was a kid ( I am 53 ) that he would not live to see it but it would happen in my lifetime. He said that we ( now you ) would revolt and would go there and ************ those in control from every light post in DC. Dad was not wrong very often. Prayer is all I can offer…

  • stevefraser

    All according to Obama’s plan.

  • BFH

    Out of thousands of facts that are available none is more convincing of economic collapse than the fact that we are in debt thus far 15.9 Trillion and will reach the 16.4 trillion ceiling about election time. Then it WILL get approved to God knows what. We can NOT pay that back. I guess ignorant people think it just doesn’t matter. The masses will NOT wake up until it get REAL bad. Then we will have chaos in the streets. I suspect that when the cheeseburger breath goes to the wayside it will be replaced with utterances of revolution and growling stomachs.

  • Jonno


    Most Australians feel great warmth and friendship towards Americans and are very thankfull for the sacrifices your troops made in WW2. Most of our troops were in Europe helping the English keep their country. But please remember Australians were with you in Vietnam,Iraq and Afghanistan and have died for the same lies as your guys have. When I visited the USA in the early seventies I was amazed at the love everyone had for their country, so different to Australia back then, and how friendly and kind everyone I met was to me, once again so different to home. Now Australians love and are thankfull to be Australians living in this paradise and Americans have been deluded to believe they live in the greatest country in the world, but are now waking up to the inescapable fact that hell lies just around the corner. On another point, CANADA!!!

    • John W.

      When she was still in commission the old USS Coral Sea used to be on hand at the yearly Battle of The Coral Sea Celebration that your people used to hold. I have heard from sailors that were lucky enough to attend that it was one of the best times they ever had. We visited Sydney and I think you crazy Aussies are great.

  • cerisa

    I suppose we all define prosperity according to what we have. Our jobs, our lifestyles.
    Any and all of our possessions can be gone in the blink of an eye. All it takes is one more crisis to set the dominoes on a roll. Any of us. regardless of our current situation, can be sure that at any given time our ‘things’ can become just ‘things’. This situation we are facing is by no means an American issue. The problem is global. As the power brokers play “One Flew Over the Cukoos Nest”. with our national debt, gross misappropriations of the taxpayers funds, and exhorbitant parties, we need to remember that our government is passing the buck to us. We aren’t going to get back to being the most innovative country on the planet. The set-up for the demise of our paychecks,families, basic security. pensions and, above all. our peace of mind, is and has been insidiously taken from us. One problem is that as crises escalate, the more a population resorts to becoming increasingly self-absorbed. I think that’s a typical human response. It’s the response to stave off fear. loss or threat. I would like to think that our family unit would band together to care for those loved ones that are struggling. All we have to do is read the myriad of articles about the increasing interest in the “I” factor. Our family may be spread across the distances, but the ties are so much weaker. Our society has taught us to be the “me generation” or, “better you than me” attitude.The activities that used to draw family and friends together in disasters, has gotten frayed.How does it happen? We are lacking compassion and selflessness. Oh sure…we say we have those chracterisitics, but the very near future will present us with just how much we’ve actually retained.It is said “that when the going gets tough, the tough get going”. The jury isn’t in on that one. By the way…I am not tooting my own horn…I share equally in this as much as anyone.Once again…not doom and gloom….just some of the hard core issues we’ll be facing. God Bless, (or for my athiest friends….you’re blessed too whether you like it or not. :) Thanks again Michael. for this opportunity…..

    • Michael

      You are welcome cerisa.

      I enjoy reading your comments.


  • mondobeyondo

    Q. Is the United States doomed?

    A. [Quick review of quadratic equation (a squared plus b squared equals c squared), and… oops, forget the rest. Let’s just stick to quadratic equations and stuff.]

    I hereby submit my final analysis:

    No, we are not doomed.
    Life is hard for countless millions of people.
    Most people do not care about anyone except themselves or their families.

  • Sarah Ringelberg

    I just want to point out that Barak Obama is not the cause of the economic problems in this country. It is WELL documented that the recession began while President Bush was still in office. The economic mess took many many years to get into.

    • Louise in MO


      Barack Obama may not have started the mess, but he certainly has added MUCH fuel to the fire!

      I would rather believe he was and is inept than to believe he did this all on purpose.

      Now that is scary!

  • James Nelson

    I’ve been reading this blog off and on. While I thought it was somewhat informative, it always seemed a bit simplistic to me. This is the first time I have ever read any of the comments. I am amazed. I didn’t think there were this many clueless people who could actually read. Some of the posters here apparently couldn’t get a clue if they were taken to a clue farm and followed the free clue signs.
    Not having a critical thinking module in your head is a great handicap. What is worse is if it isn’t there, regular ignorance turns into belligerent ignorance. I suspect you couldn’t dumb this stuff down enough these people to get it. Anyway, I now understand the writing style.
    As we trundle along the pathway of our ongoing disaster we will a number of those who won’t pay attention sitting along side of the road crying and begging for someone to rescue them and demanding to know why them. Stupidity really is it’s own reward.

  • Nick

    “Since Barack Obama became president…”
    “Since Barack Obama became president…”
    “Since Barack Obama became president…”

    This refrain is humorous considering G.W.B accumulated a mountain of debt himself. I am Canadian and care little about the Democrats or RepubliCONS, but blind American political partisanship is a source of consternation to foreigners. Lets be clear, all the political parties have betrayed the American working class. The economic issues are about class warfare, and nothing else. And know I am not a communist.

    • Louise in MO


      You may not be a commuist but you aren’t an American either.

      As such, you aren’t in a good place to make statements about our political parties.

      It all seems “so clear” to those who aren’t where we are.

  • EnlightenedIllumination

    I deliver pizza for Pizza Hut. And let me tell you, I’ve noticed the decline. I have delivered to families who livr in hotels. At first I didn’t think anything of it. Until month aster month I delivered to the same families in the same rooms… Its really sad that the decline is all around us yet ppl refuse to accept reality. Still connected to the matrix

  • Washington

    Court Upholds Domestic Drone Use in Arrest of American Citizen A motion to dismiss charges based on the use of a Predator drone was denied Wednesday By JASON KOEBLER August 2, 2012

  • VinnyTheBlade

    Whoever said that Obama hasn’t acomplished anything in his first term?


    First President to apply for college aid as a foreign student, then deny he was a foreigner.
    First President to have a social security number from a state he has never lived in.
    First President to preside over a cut to the credit-rating of the United States.
    First President to violate the War Powers Act.
    First President to be held in contempt of court for illegally obstructing oil drilling in the Gulf of Mexico.
    First President to defy a Federal Judge’s court order to cease implementing the Health Care Reform Law.
    First President to require all Americans to purchase a product from a third party, a violation of the U.S. Constitution.
    First President to spend a trillion dollars on ‘shovel-ready’ jobs when there was no such thing as ‘shovel-ready’ jobs.
    First President to recommend changing our National Anthem as it portrays and promotes violence and is warlike in its theme.
    First President to cancel the National Day of Prayer Breakfast and activities.
    First President to initiate a Cash for Clunkers Program to clean up exhaust that adds to global warming, then extended it because it was so popular — wasting hundreds of millions of taxpayer dollars.
    First President to abrogate bankruptcy law to turn over control of companies to his union supporters.
    First President to bypass Congress and implement the Dream Act through executive fiat.
    First President to order a secret amnesty program that stopped the deportation of illegal immigrants across the U.S., including those with criminal convictions.
    First President to demand a company hand over $20 billion to one of his political appointees.
    First President to terminate America’s ability to put a man in space.
    First President to have a law signed by an auto-pen without being present.
    First President to arbitrarily declare an existing law unconstitutional and refuse to enforce it.
    First President to threaten insurance companies if they publicly spoke out on the reasons for their rate increases.
    First President to tell a major manufacturing company which state they are allowed to locate a factory in.
    First President to file lawsuits against the states he swore an oath to protect (AZ, WI, OH, IN).
    First President to withdraw an existing coal permit that had been properly issued years ago.
    First President to fire an inspector general of Americorps for catching one of his friends in a corruption case.
    First President to appoint 45 czars to replace elected officials in his office.
    First President to golf 73 separate times in his first two and a half years in office, 104 to date.
    First President to pledge complete transparency while campaigning, then hide his medical, educational,and travel records.
    First President to win a Nobel Peace Prize for doing NOTHING to earn it.
    First President to go on multiple global ‘apology tours’.
    First President to go on 17 lavish vacations, including date nights and Wednesday evening White House parties for his friends; paid for by the taxpayer.
    First President to have 22 personal servants (taxpayer funded) for his wife.
    First President to keep a dog trainer on retainer for $102,000 a year at taxpayer expense.
    First President to repeat the Holy Qur’an and tells us that the early morning Islamic call to worship is the most beautiful sound on earth.

    Now it is up to us Freedom-loving Americans to see to it that he is voted out after his FIRST term. May God bless America again.

    • Joe

      and…..All Verifiable!

    • A.S.

      And it seems out of half of them, each item on its own would justify to impeach him asap. But the American people are stupid and Congress is too bribed by him to act.

  • Ivy Jones

    Jesus taught in the Loaves and Fishes story that all we have to do is to share. It is that simple. Fear drives people to hoard, whether it is food, money (profit), resources. Control and greed come from fear of not having. How much is enough? Its time we the people started challenging the status quo. Too many people fear change. Its time for a change, a big one. We need to demand openness in government, honesty in banking, and loyalty to America. No more jobs outsourced. We need to demand that taxes go first to help us in our daily lives like the Scandanavian countries. We need to get out the vote and promote every day people to run for office instead of voting for the same person with a different face at every level. Maybe a collapse is really a chance for change. The Indigenous people lived on Turtle Island for 10,000 years by living in harmony with the land. This is a philosophy of living we should look at. Community and not taking more than you need.

  • Daniel

    Why the collapse of US economy, and all American just want to focus on a scape goat – Obama, no one want to seat up and evaluate their own spending habit. Why US products is no longer consider as high values or off the right values in the global market. American failed to vote themselves on their own life stewardship – and leave their life for their leaders to help them.

  • Danielle Alexandra

    I took an economics (micro and macro) class in college, the teacher proceeded in ranting profusely like everyone in these comments. He was a big supporter of the upper 1% of the economic class, he claimed it would be detrimental to society to tax the higher income individuals because they are the reason the economy stays afloat in America.

    That seems wrong to me, why should anyone who’s richer be in charge of my well-being? I’m in charge of my health and safety, not the government, not Obama, not the Federal Reserve.

    How much do we really need, America? Why are our children spending money on clothes that say ‘SWAG’ and iPhones that break (or need to be upgraded) in a year? Why are there Americans who own four houses across the nation and only live in one? Why are there families of two or three living in a 8 bedroom home with six cars? Why did they assume they needed all that material and that they could continue to just pay it off for the rest of their lives? Why are there Gold Plated Cars roaming the streets in New York?
    Why are we spending our money buying that flat screen and not a solar powered generator? Why don’t more people have gardens?

    Sure, the statistics have been listed; but how static are those numbers? And where did they come from?

    Blame the government… blame the taxes… I blame myself and I’m going to work to create community and happiness around me, regardless of ‘economic speculation’. That’s what America is all about.

  • T

    The best explanation I’ve seen thus far is in Jerome Corsi’s “America for Sale.”

  • jon

    These 65 reasons that are supposed to put us into another recession are rubbish. We are and have been in a recession for quite some time. We are slowly coming out of it but will take a long time. The president no matter who is in office is not going to change the speed of the recovery. This information is biased since it mentions statistics that are bad specifically with Obama’s name on it, but fails to mention Bush’s name with the bad statistics during his administration which most of these problems on the list originated from. Bush destroyed the Clinton surplus and we have been going downhill since until Obama has “leveled off” the recession. Recessions take a long time to recover from, no president is going to change that in 1 or even 2 terms no matter who they are. Mitt the twit policies will just put us back in trouble.

  • Craig

    The partisan rhetoric is getting old .There are real problems in this country that neither party is addressing .We need a flat tax whether it is a sale tax or an income tax .We need true regulation of the banking and financial industries .We need strict and enforceable immigration policies .We need tariffs on cheap foreign goods being dumped into our markets .We need a strong military that imposes our presence worldwide .We need to make a living wage .We need to have affordable health insurance ,and everyone ,including dependent family members should have health insurance when we work and contribute .Our retirees deserve health insurance and social security ,and if they are getting a pension that should not be taken away by anyone .Lastly we need an economic environment that allows both American businesses and workers to thrive .
    This is not that c

    • stacie

      You should run for office ! I would vote for you!

  • Lou

    This is the first time I’ve been to this website, linked from
    I’ve read the article and most of the comments and find myself more enlightened as to what is really happening all around us. I will stay off the political nature side of things and just give my brief story.
    My husband and I are perfect examples of a crumbling economy. Just 10 years ago, we had a nice middle class home in the suburbs, hubby worked in the auto retail sales business and I for a major food corporation and things were good. That was when we blindly thought our ‘retirement nest egg’ was in real estate so, bought a vacation rental condo, then a few years later, bought another house for my business ‘rental’ after taking an early retirement to be a new business owner. Helped support and encourage five kids into adulthood, some with college and some into the workplace (where all are doing well to this day.) Things were good so we sold the condo and bought a house on the lake. Things went downhill from there. Hubby’s good paying job was gone as the car industry was one of the first ones hit by the economy, and then lost the business house (and of course, the business – my source of income) to foreclosure. Then we couldn’t keep both houses we were in and as parents were living at the lake house and not wanting to uproot them, sold our home of 19 years and moved to the lake house, too. Those lucrative jobs like we had are non-existent in this area so we now have no savings, no 401ks, no nice cars, and have been fighting foreclosure off and on for a few years, and burdened with business debt. But to this day we are very thankful that we still have a home, food from the garden and money where we can make it, working 4 part time jobs, selling what we don’t need, and hubby working on commission. We’ve again realized that what we once had and thought was normal – 2 nice cars, multiple homes, good savings, 401ks, stuff, (which all comes with a lot of debt) … is NOT necessary to survival and happiness. The facts that we have each other, family, wonderful church friends, good health, and the ingenuity to live on a lot less, makes us very grateful to the Lord for His blessings in our lives including a 10+ year old car that runs and a home that we hope we can stay in.
    My way of thinking has reverted back to when I was a single mom barely making ends meet and am thankful that I know how to cut corners and ‘make-do’. I believe that we’ve been blessed with these struggles as a personal warning so we can begin to prep and purge what is not really needed.
    Our country is in really bad shape, as is most of the rest of the world, because of greed for wealth and power, apathy, and uncaring hearts.
    Thanks to you and others with real issue websites for waking us up to what’s really going on and helping us to prepare for the inevitable. It will not get better, it will get worse but this Bible verse is hope for all who struggle and believe it: Philippians 4:19 “But my God shall supply all your need according to his riches in glory by Christ Jesus”.

    • Vicky

      Lou, I enjoyed reading your story and agree with you wholeheartedly! I loved your point of view and consider you to be ‘spot on’ with your views of this economy and how we all should be grateful for what we have! These are definitely tough times for most hard working Americans and the sloth and apathy of a lot of people is absolutely draining this country. The old phrase “You can draw a horse to water, but you can’t make it drink” comes to mind when we see how many people sit and wait for entitlements to come their way, instead of earning their own, is upsetting. I’m only speaking of the lazy individuals that don’t ‘want’ to work, not those diligently trying to find work. My husband has been layed off three times since ’06 due to the lack of work in his field of Drafting/Design from both Engineering and Architechtural firms. He always finds work again, either in his field or outside of it as he has the willpower to persevere. I pray that he will be able to do so again, as it’s been two month’s since his employer was forced to make budget cuts due to the lack of new business. I pray for all of America that things will get better, instead of the bleak future that appears to be inevitable. Thanks for posting your story, as it is refreshing to read positive feedback from what seems to be reality these days. I wish you Godspeed and all others reading this, as we will prevail if we do as you suggest and rethink our priorities and try to appreciate what we have instead of focusing on what we “used to have”. I just don’t understand how we as a free speech nation have become so full of judgement and “social class warfare” when we ALL are given an equal opportunity to thrive and have religious freedom to excel in our pursuit of happiness. Instead, we seem to have become more of an ‘intolerent’ nation that punishes good behavior: i.e., being successful, making money honestly (and paying taxes on it), or professing your religion (which is your right) just to name a few. I am proud to be an American and have worked consistently for 30 years of my life since the age of 18 and I will, no doubt, continue to work to “make ends meet” just as many others do, for a ;long time to come, (Lord willing). I pray for our Nation every day, as I hope God will take mercy on our souls and forgive us for our many sins. I am not a religious zealot, just a simple person trying to make sense of the world around me. I refer to the Bible for this quote: “Let no corrupt communication proceed out of your mouth, but that which is good to the use of edifying, that it may minister grace unto the hearers.” EPHESIANS 5:29

  • Coral

    This country was founded on the right to prosper. Being rich is not a crime! If you think the so-called “rich” folks are going to give up their lifestyle because they have additional taxes to pay, you are sadly mistaken. Business does not operate that way. A percentage of profit is controlled by expenses. If the profit is decreased, so are the expenses which translates into raising the price of the product or cutting overhead, the largest being payroll. The government is so big, the right had doesn’t know what the left hand is doing. The milking of our nation comes from many directions and until it is controlled, we will continue to spin out of control until it all crashes. Our spoiled nation thinks they are entitled and many use welfare as a way of life. We need to earn what we receive and if that means being poor, so be it. But don’t blame the rich for creating poor folks. Now, if a crime is committed, punishment is in order! By the way, I was raised middle-class and remain middle-class with a small business that is getting harder to run because of taxes, directly or indirectly….they drive the cost of everything up.

  • michael

    this man displays his extreme bias up front by pegging all our problems to the date Obama took office, knowing full well that most of this began well before that and was really accearated during the disasterous Bush years.

  • Virginia Nightengale

    I believe that you are correct. The USA will undergo an economic collapse within the next 1 to 4 years. It is absolutely inevitable because of the massive debt the government is creating and because of all the people who are jumping on the “entitlement bandwagon”. These two things, along with our dwindling job market is making our economy unsustainable, pure and simple. Which is why Obama MUST win this coming election! The last thing we want is for the collapse to happen under a conservative Republican or Independant Party president. I never thought I would ever say this, but if economic collapse IS coming (which it is), why not let it happen under the party that was mostly responsible for causing it? Then, maybe, everyone will remember, at least for the next 20 years or so.

  • Roger

    The signs of the times are all around us. The bible is more up to date than tomorrows news papers. Prophecy is being fulfilled right before our eyes. We are headed towards a one world government, one world monetary system, and one world military.

    The greatest thing you can do is to give your life to Christ 100%. Things are only going to get worse. Without HIM you and I are without hope. Your money, education, and college degrees will not get you into heaven.

    Give your life to Jesus before it is too late.

    • Dan

      Roger, I think your assessment is right on…I have to stop worrying so much about this, that and the other thing and wrap my arms around the fact that Christ said that he would never leave us or forsdake us..Are we headed into more bad times ?…I could see that from twenty miles away. We are paying the piper, so to speak, for decades of ignoring basic rules of finance and debt that our ancestors knew and followed without chipping their teeth about a new truck, a newer house, or the latest gadget coming down the pike.If there is anything I have learned in 56 years on this planet, is that we can not break God’s laws, they are fixed an immutable, we merely break ourselves against them…Kinda roiugh to predict what the country and society will look like after the ”re-set” that is no doubt on the way…Time to clear the decks with Jesus and get your head and heart where they need to be……

  • bas akkerman

    In my opinion this video says it all…

  • DailyObserver

    You cannot issue in the New World Order until you level all of the world’s economy. This is what is currently happening. We will soon be enjoying the same living standard as Mexico. Is there anyone left in America that gives enough of a damn to do something about it. The citizens of Iceland took back their nation from the global banksters and corporate oligarchs. Why can’t we? Is it time yet to say RIP America?

  • Gayle Davis

    I appreciate all of your points and I share your concern. However, I question your use of the phrase “Since Barack Obama took office…” in many items, which seems to imply that Obama is responsible. You could just as easily have started each of those sentences with “Following the Bush administration…” without changing your point. In fact, implying that Bush is responsible would actually be closer to the truth, since the economic collapse that became evident at the beginning of the current administration was rooted in events that were well under way as a result of bad management during at least the previous two administrations.

    • Liz

      Can you not see how badly things have gotten since Obama took office??!! I’m sorry but I find it crazy when people can’t see that! He is responsible for more debt than bush and the other presidents combined and he’s not done yet. Since he’s been in office it’s constant gloom and doom all over. Why? Because since him we’ve started losing more rights, acquired more debt, more small terrorist attacks, Chris over sees and he isn’t helping one bit not do I think he knows how! Yes I blame him along with the other dens and even some republicans that are allowing this to happen! I have never felt more uneasy about our country til now, it’s on fast forward with him in office. Westher it’s him, the ones pulling the strings, or both?? I don’t care, it’s since he took office!

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  • k

    Blaming only obama(by conservatives) and blaming only bush(by liberals) is unfair.

    Both democrats and republicans took turns screwing the economy.But they want you to believe that its the other side and not them, who is responsible.

    And everything is getting worse since the last one year because america is reaping the consequence of that effect.

  • Johnny Shiloh

    And yet our leaders keep right on spending like there is no tomorrow. Why? And why do the American people not demand fiscal sanity of their law makers? Are they do deluded that they think they will not be left holding the bag, that they will not have to face the consequences of such gross mismanagement of the economy? It’s all a mystery to me. A nation of 300 million just stand by and watch as their politicians dismember their once greatest of nations?

  • AgreeToDisagree

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

  • Steven

    I hate those types of people as well. “oh tra la la everythings all peachy keen in my little world, so its the same way for everyone”. They really piss me off. I am in with the 25 million adult Americans living at home with their parents. Sad to say I have since I graduated high school in 2003. The economy has been a mess alot longer than Obama or Bush has been in office. I know I was out searching for job when Bush was in office. Nothing but low paying service jobs and low paying construction jobs. This was back in 2003. Its no better now, same low paying jobs. No one wants to hire, if they do they use some lame excuse about experience and so on. I get sick of it. People told me to stay in high school and get my diploma because if I don’t I won’t get a good job, now all I can get is the jobs high school drop outs would get. Pushing carts at walmart. The same low paying depression jobs I was faced with in 2003. Its very disgusting how things are.

    But to touch base on something someone else said, no we don’t need a huge massive strong military to enforce our presence around the world. That is part of what has gotten us into this mess. We need a small military, like a small territorial defense force and to end the empire, bring all our troops home and close all the bases around the world. We need to deal with the illgal immigration problem and secure our borders because we can’t afford our own poor people, we can’t afford Mexicos as well. Its not so much as we can’t afford them but our countries government doesn’t seem to want to do anything for our own poor. Also we need to end the foreign aid, we give 3-4 billion to China, 2-3 billion or more to Pakistan, it was said we give 3 million to Israel then it came out that we actually give them 6-7 billion a year in foreign aid. This has to stop. We can not and should not find the zionist jews in Israel. They now want us to fight a war in Iran for them and expend even more money. Its insane! Also we have a wage crisis in the US. Wages have become extremely stagnant. We need to raise the minimum wage to $14-$15 an hour at least $14.50. Wages have not kept up with inflation. The president could easily do this with an executive order and then make it the legal minimum wage in all 50 states with a federal mandate. They should use their power to help us, not hurt us. Of course I am a Ron Paul supporter and was all for his ideas, but we won’t be getting Ron Paul. So we all have to work with the system we are cursed with. We won’t be getting the cut in taxes and the regulations that would spur on the massive insourcing which would cause competition for employment and wage increases. Raising the minimum wage would raise wages across the board.

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  • Muzz

    Here in Australia a friend waved me down as I pulled into my driveway and as a kind justure advised me that if my car needs filling up it’s going for $1:35 a litre so get it while it’s cheap. After thanking him I was amazed at how conditioned we all were. Once it was “hey get for a dollar a litre” and soon we will be saying get it for a $1:90 a litre before it goes up again. This goes hand in hand with our ignorance in thinking life will just go on. So what will it take to believe in the coming financial collaps. Perhaps a complete meltdown which will be too late for many.Main stream media are controlled as we all suspect. What I do like about the web is sites like this that try to inform us dummies about the world outside. I guess we were warned.

  • Bob Dickow

    It’s pretty obvious that there is an Obama ‘blame game’ subtext on this site. Obama can not be behind all the problems in Italy, Spain, Greece, Iceland, etc. And he can’t fix it or even be expected to fix it nor can we think he should have fixed it when 99% of his administration’s legislative measures were stonewalled in Congress by conservatives who did so just to sabotage the system and make the Obama administration look like poop. Get real, people. Put on your thinking caps and see things the way there are.

  • jess

    gay gay gay.

  • Anonymous

    The account of Jesus with the loaves and fishes is actually about God Supernaturally Multiplying what we need. If all they did was “share” and “redistribute wealth”, the food would not have gone very far. This is about making wise choices. Depend on God and his Word and Follow His Ways. Defend the Constitution and Freedom. (Oh, and by the way, that means that people you don’t like will also have freedom. Grow up and live with it) Spend less than you have coming in. Don’t favor the rich by devising policies that kill the small business because the rich don’t want competition. Socialism is killing the goose that laid the golden egg.

  • obbop

    The USA is in the throes of class warfare.

    BIG government and BIG business are in an unholy alliance to skim immense amounts of wealth from the common folks, you and me and everybody we know, that create the wealth and send that wealth ever-upwards.

    Those atop the socio-economic hierarchy pay off their lackeys; politicians and others, who assist the elites in the class war.

    Voting at the federal level is a farce. The elite- and corporate-owned federal government can not be changed within the present system.

    Only a full-scale military coup by a patriotic officer corps can re-create the present systems used to enslave We, the People.

    The old must be destroyed to allow us to start anew.

    If not done we remain economic slaves to the ruling masters until the USA is a true oligarchy.

  • Jihaddosenotmeanholywar

    Obama is not in power. His administration and his campaign contributors are. Obama is a front man or “puppet” if you will. I believe Obama was very sincere during his campaign of all the things he promised, but then realized will serving in office that he really is not in control. Obama has three opposing sides to him – 1. Congress (still racists) still don’t like the fact that a black man is in the President seat, even though majority of them know that he is just a front man. Yes, America is still racists and your blind if you think otherwise. 2. His administration that I am sure he though was on his side, but later turned on him and started telling him what to do and there are rumors that they have threaten him. 3. His campaign founders – Obama is in debt himself to some very powerful corporations, indeed, so powerful they have what it takes to change birth certificates amongst other things. Keep in mind that the United States Government has been bought and sold by the banks/corporations and has been this way since Andrew Jackson when the Federal Reserve was put back in power over the financial system. Andrew Jackson was the Federal Reserve.

  • Katerina Meramveliotaki

    George W Bush started printing money and that was continued by Obama. Now it is difficult to stop without causing serious problems.

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