The Beginning Of The End
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People Of Earth: Prepare For Economic Disaster

It is not just the United States that is headed for an economic collapse.  The truth is that the entire world is heading for a massive economic meltdown and the people of earth need to be warned about the coming economic disaster that is going to sweep the globe.  The current world financial system is based on debt, and there are alarming signs that the gigantic global debt bubble is getting ready to burst.  In addition, global prices for the key resources that the major economies of the planet depend on are rising very rapidly.  Despite all of our advanced technology, the truth is that human civilization simply cannot function without oil and food.  But now the price of oil and the price of food are both increasing dramatically.  So how is the current global economy supposed to keep functioning properly if it soon costs much more to ship products between continents?  How are the billions of people that are just barely surviving today supposed to feed themselves if the price of food goes up another 30 or 40 percent?  For decades, most of the major economies around the globe have been able to take for granted that massive amounts of cheap oil and massive amounts of cheap food will always be there.  So what happens when that paradigm changes?

At last check, the price of U.S. crude was over 104 dollars a barrel and the price of Brent crude was over 115 dollars a barrel.  Many analysts fear that if the crisis in Libya escalates or if the chaos in the Middle East spreads that we could see the all-time record of 147 dollars a barrel broken by the end of the year.  That would be absolutely disastrous for the global economy.

But it isn’t just the chaos in the Middle East that is driving oil prices.  The truth is that oil prices have been moving upwards for months.  The recent revolutions in the Middle East have only accelerated the trend.

Let’s just hope that the “day of rage” being called for in Saudi Arabia later this month does not turn into a full-blown revolution like we have seen in other Middle Eastern countries.  The Saudis keep a pretty tight grip on their people, but at this point anything is possible.  A true revolution in Saudi Arabia would send oil prices into unprecedented territory very quickly.

But even without all of the trouble in the Middle East the world was already heading for an oil crunch.  The global demand for oil is rising at a very vigorous pace.  For example, last year Chinese demand for oil increased by almost 1 million barrels per day.  That is absolutely staggering.  The Chinese are now buying more new cars every year than Americans are, and so Chinese demand for oil is only going to continue to increase.

Much could be done to increase the global supply of oil, but so far our politicians and the major oil company executives are sitting on their hands.  They seem to like the increasing oil prices.

So for now it looks like oil prices will continue to rise and this is going to result in much higher prices at the gas pump.

Already, ABC News is reporting that regular unleaded gasoline is going for $5.29 a gallon at one gas station in Orlando, Florida.

The U.S. economy in particular is vulnerable to rising oil prices because our entire economic system is designed around cheap gasoline.  If the price of gas goes up to 5 or 6 dollars a gallon and it stays there it is going to have a catastrophic effect on the U.S. economy.

Just remember what happened back in 2008.  The price of oil hit an all-time high of $147 a barrel and then a few months later the entire financial system had a major meltdown.

Well, as the price of oil rises it is going to create a whole lot of imbalances in the global financial system once again.

This is definitely a situation that we should all be watching.

But it is not just the price of oil that could cause a global economic disaster.

The global price of food could potentially be even more concerning.  As you read this, there are about 3 billion people around the globe that live on the equivalent of 2 dollars a day or less.  Those people cannot afford for food prices to go up much.

But global food prices are rising.  According to the United Nations, the global price of food has risen for 8 consecutive months.  Last month, the global price of food set a brand new all-time record high.  Many are starting to fear that we could actually be in the early stages of a major global food crisis.

The price of just about every major agricultural commodity has been absolutely soaring during the past year….

*The price of corn has doubled over the last six months.

*The price of wheat has more than doubled over the past year.

*The price of soybeans is up about 50% since last June.

*The price of cotton has more than doubled over the past year.

*The commodity price of orange juice has doubled since 2009.

*The price of sugar is the highest it has been in 30 years.

Unfortunately, the production of food in most countries around the world is very highly dependent on oil, so as oil goes up in price this is going to make the food crisis even worse.

Hold on to your hats folks.

Also, as I have written about previously, the world is facing some very serious problems when it comes to water.  Due to the greed of the global elite, there is not nearly enough fresh water to go around.  The following are some very disturbing facts about the global water situation….

*Worldwide demand for fresh water tripled during the last century, and is now doubling every 21 years.

*According to USAID, one-third of all humans will face severe or chronic water shortages by the year 2025.

*Of the 60 million people added to the world’s cities every year, the vast majority of them live in impoverished slums and shanty-towns with no sanitation facilities whatsoever.

*It is estimated that 75 percent of India’s surface water is now contaminated by human and agricultural waste.

*Not only that, but according to a UN study on sanitation, far more people in India have access to a mobile phone than to a toilet.

*In northern China, the water table is dropping one meter per year due to overpumping.

These days, one of the trendy things to do is to call water “the oil of the 21st century”, but unfortunately that is not a completely inaccurate statement.  Fresh, clean water is something that we all need, but right now world supplies are getting tight.

Our politicians and the global elite could be doing something about this if they really wanted to, but right now they seem perfectly fine with what is happening.

On top of everything else, the sovereign debt crisis is worse than it has ever been before.

All of the major global central banks have been feverishly printing money in an attempt to “paper over” this crisis, but it is not going to work.

Most Americans don’t realize it, but right now the continent of Europe is a financial basket case.  Greece and Ireland would have imploded already if they had not been bailed out, and now Portugal is on the verge of collapse.  The interest rate on Portugal’s 10-year notes has now been above 7% for about 3 weeks, and most analysts believe that it is only a matter of time before they are forced to accept a bailout.

Sadly, if the entire global economy experiences a slowdown because of rising oil prices, we could see half a dozen European nations default on their debts if they are not bailed out.

For now the Germans seem fine with bailing out the weak sisters that are all around them, but that isn’t going to last forever.

A day or reckoning is coming for Europe, and when it arrives the reverberations are going to be felt all across the face of the earth.  The euro is on very shaky ground already, and whether or not it can survive the coming crisis is an open question.

Of course there are some very serious concerns about Asia as well.  The national debt of Japan is now well over 200% of GDP and nobody seems to have a solution for their problems.  Up to this point, Japan has been able to borrow massive amounts of money at extremely low interest rates from their own people, but that isn’t going to last forever either.

As I have written about so many times before, the biggest debt problem of all is the United States.  Barack Obama is projecting that the federal budget deficit for this fiscal year will be a new all-time record 1.65 trillion dollars.  It is expected that the total U.S. national debt will surpass the 15 trillion dollar mark by the end of the fiscal year.

Shouldn’t we have some sort of celebration when that happens?

15 trillion dollars is quite an achievement.

Most Americans cannot even conceive of a debt that large.  If the federal government began right at this moment to repay the U.S. national debt at a rate of one dollar per second, it would take over 440,000 years to pay off the national debt.

But the United States is not alone.  The truth is that wherever you look, there is a sea of red ink covering the planet.

The current global financial system is entirely based on debt.  If the total amount of debt does not continually expand, the system will crash.  If somehow a way was found to keep this system going perpetually (which is impossible), the size of global debt would keep on increasing infinitely.

Now the World Economic Forum says that we need to grow the total amount of debt by another 100 trillion dollars over the next ten years to “support” the anticipated amount of “economic growth” around the world that they expect to see.

The entire global financial system is a gigantic Ponzi scheme.  It is designed to keep everyone enslaved to perpetual debt.  If at some point the debt spiral gets interrupted in some significant way, we are going to witness an economic disaster that is going to make what happened in 2008 look like a Sunday picnic.

The more research that one does on the current global economic situation, the more clear it becomes that we are absolutely doomed.

So people of earth you had better get ready.

An economic disaster is coming.

  • Trader

    Excellent. But how do I short sell Earth?

  • JohnT

    “Due to the greed of the global elite, there is not nearly enough fresh water to go around.”

    Those greedy rich people are drinking all my water! Revolution now!!! (ROFL) Yeah, riiight.

  • Mike Johnson

    I think you are a little light here.
    The listed US deficit is just an adjusted figure and you want to know how much CASH the US will require above revenues.
    I thought this might be 2 but It could go above 5 trilllion depending on debt maturities and SocSec, etc.

  • gregge johnson

    Every time a person goes on food stamps, JP Morgan Chase gets $15,000.00 dollars deposited into its bank by The Department of Agricuture. The more people on food stamps the more money thet can control…..Get use to it>>>>

  • mondobeyondo

    Oil + food + water crises = one heck of a conundrum.

    Yes, we are living in interesting times.

    The average American is unaware of just how perilous the situation is. We drive around town in our SUV’s, fully equipped with air conditioning and heating. We gorge ourselves with Big Macs and Quarter Pounders and fries. And water? Just turn on the tap, there’s plenty enough! We Americans are cozy and comfortable in our nice little bubble. However, even this bubble is bound to pop eventually. Just like housing, stocks, and so forth.

    Perhaps we are “the last best hope for mankind”, as Abraham Lincoln said. We aren’t acting like it though. For the past few decades, the U.S. government has been more about helping itself than helping mankind in general. America, from the government level down to the individual, is too deep in debt, too divided, too self-centered in far too many ways, and too many of its people are too narcissistic.

    We once helped save Europe from the tyranny of a despotic German dictator. I fear we won’t be able to do the same in the future. I fear that soon, we won’t be able to save ourselves from each other.

  • Lugnut

    One world currency . . . one world government . . . one world religion . . . —> 666

    Romans 3:23
    Romans 5:12
    John 3:16
    Romans 5:8
    Romans 10:9
    Romans 10:10
    Romans 10:13

    Time is exceeding short.

    Eternity is upon us all.

  • D rumsfeld

    Excellent article.

  • Davidm

    One question bothers me. What is to stop the Fed and the central banks of the world from printing and buying the world governments debt until they are buying all the debt? It seem like as long as they keep the money generally out of the hands of the ordinary citizen, people will continue to respect the currency and struggle and toil to acquire it. Seems that is what has been going on for a long time. What will stop it from continuing?

  • zippity doo dah

    I just put together a video i thought some of you might be interested in…

    video part one : /watch?v=hSZcc1-msYg
    video part two : /watch?v=1otqPvDCxs0

    V for Victory, the answer to 1984 = 1776 Wake up cattle! mooooooooo!

  • impeachRonPaul

    After losing two wars and bankcrupting America, Republicans insist on increased military spending. We can’t afford it. They want to police the whole world. Republicans want to protect their corporate friends interests not ours.

    With everything going on, did the GOP really need to demand tax cuts for billionaires? Really?

  • Davidm

    I can hardly wait to see what queer minded rambling insanity that
    Impeachronpaul and Gary2
    Come up with this time, the wife and I get a laugh from just how dumb they sound everytime they “contribute”. Come on guys don’t let me down

  • Phrygian cap, aka Michael2

    The blog moderator notes, “A day of reckoning is coming for Europe”. . .

    It’s funny how the MSM blasts the news of the Middle East, Africa, etc. but rarely if ever is anything heard about Europe’s meltdown issues. As the author notes there is a serious backlash building momentum in Europe. And there are at least a couple of things for certain about Europe. Europeans know how to conduct true and proper Revolutions and Dark Ages.

    “so far our politicians and the major oil company executives are sitting on their hands”.

    “Due to the greed of the global elite”. . .

    “Our politicians and the global elite could be doing something”. . .

    “The current global financial system is entirely based on debt”.

    “The entire global financial system is a gigantic Ponzi scheme. It is designed to keep everyone enslaved to perpetual debt”.

    The above quotes are very telling opinions by the author about the true nature of the problems facing humanity. It is scary to realize that most of these issues have been within human grasp to stop or mitigate decades ago. In some cases, like the problem of usury was fixed centuries ago. What is even more disconcerting than those is the incompetence in some of the elite and out right evil in some others. It also has been ALLEGED that some of these elite who masquerade as humans, really believe they can contain and control what clearly is shaping up to maybe be the first global wide Revolution and bring about a new world order from the chaos and destruction. It seems the elite are so committed to a New World Oder that really reestablishes the darkness of the Old World Order, that they are willing to die trying. Because rather they realize it or not, many of them probably will not live to see whatever shape the Next Age takes either. How megalomaniacal is that? Power must truly be thee most intoxicating high humans can be on. Being power drunk, now there’s a crime that should be on the books.

    Now Michael if you start naming the names of the global elite (if you have not before), you’ll be moving up to true Brave Heart journalism status. Not that you don’t have big cojones now, I’ll give you your props.

    Why will no one uncover or make public who truly owns the Federal Reserve?

  • The Unicorn

    Do your own research.Before the Baku–Tbilisi–Ceyhan pipeline that connects the Caspian Sea oil to the Mediterranean was completed I researched it and found that to be profitable oil would need to be at about 80$ a barrel.The Caspain Sea is a wild card theres alot of oil there but its hard to pin down how much there actually is.

  • Phrygian cap, aka Michael2

    Oh, mercy mercy me
    Oh, things ain’t what they used to be
    No, no
    Where did all the blue sky go?
    Poison is the wind that blows
    From the north, east, south, and sea
    Oh, mercy mercy me
    Oh, things ain’t what they used to be
    No, no
    Oil wasted on the oceans and upon our seas
    Fish full of mercury
    Oh, mercy mercy me
    Oh, things ain’t what they used to be
    No, no
    Radiation in the ground and in the sky
    Animals and birds who live nearby are dying
    Oh, mercy mercy me
    Oh, things ain’t what they used to be
    What about this overcrowded land?
    How much more abuse from man can you stand?
    My sweet Lord
    My sweet Lord
    My sweet Lord

    http://www.youtube.com/watch?v=0WxgeYXCjM8

  • Phrygian cap, aka Michael2

    Utah Pushes To Accept Gold, Silver As Alternative Currency

    http://www.zerohedge.com/article/utah-pushes-accept-gold-silver-alternative-currency

    We do not need the Federal Reserve, Global economy, World Bank, IMF, fiat money, usury, interst rates, credit ratings/cards, Wall Street, Stocks/Bonds, Walmart, etc.

    Wait until the elite realize what a horrible mistake they have made in over playing their hand. They should have stuck with seducing us into their schemes, instead of this rapid escalation of chaos.

    Their time really is short.

  • Phrygian cap, aka Michael2

    Eventually the book was published by two of Pound’s disciples, John Kasper and David Horton, under the title Mullins on the Federal Reserve.

    In Mullins on the Federal Reserve (1952), (the updated edition published in 1983 was called Secrets of the Federal Reserve) Mullins argued that there was a conspiracy among Paul Warburg, Edward Mandell House, Woodrow Wilson, J.P. Morgan, Benjamin Strong, Otto Kahn, the Rockefeller family, the Rothschild family, and other European and American bankers which resulted in the founding of the U.S. Federal Reserve System. He argued that the Federal Reserve Act of 1913 defies Article 1, Section 8, Paragraph 5 of the United States Constitution by creating a “central bank of issue” for the United States. Mullins went on to claim that World War I, the Agricultural Depression of 1920, the Great Depression of 1929 were brought about by international banking interests in order to profit from conflict and economic instability. Mullins also cited Thomas Jefferson’s staunch opposition to the establishment of a central bank in the United States.http://en.wikipedia.org/wiki/Eustace_Mullins

  • Sundar

    The ultimate extinguisher of debt needs to get back to its role in the monetary system: gold. The ponzi scheme are run by some very powerful people, so it would take a revolution to change the paradigm. You are absolutely right – it is of paramount importance to prepare oneself for what’s coming.

  • Maria

    The World Economic Forum says over the next ten years we need another 100 trillion in debt!

    What we are really talking about is interest.

    What are they really saying?

    They only need another 10 trillion to “legally” create the other 90 trillion in interest accruing debt. What they want is the interest on the 90 trillion COUNTERFEIT dollars.

    People of the world, we once lived in sovereign nations. Our forefathers made the mistake of allowing the central banks to control our economies. We made the mistake of letting them continue. Fiat currency became their goal…and their tool in creating this massive false economy.

    The central banks are secret elite banks and partner corporations. They are cannibalizing all the wealth and resources of our nations under the guise of false debt.

    Our nations will never be free until we eliminate the stranglehold of the central banks with all of their secret partners.

    The economic pain we are experiencing now is nothing compared to what we will experience if we let them finish us off by drowning us with ANOTHER 90 TRILLION of their COUNTERFEIT debt.

    Stop the tyranny!

  • JustanOguy

    At the end of the day… when there is a major earthquake or Tsunami… the realization is going to be that’s just the way it’s supposed to be and the weak are destined to die.

    The fact of the way it is Mr. Doomsday… is that too many people that should have gone extinct through the laws of nature have been kept alive and allowed to multiply through the acts of generosity from those that have extra resources.

    Do I need Oil? Yeah.. it makes life a lot easier. But even without it… I’ll figure out how to grow my Vegetables and raise my cows on my big ranch with all of my water rights and if some sand shark wants to eat… then they are going to have to pay me 5x more then what a barrel of oil costs me.

    Let’s see how that works out. Sure… it will suck for the people who don’t understand how the world really works and who think their jobs based on non-essential services is really a useful service… but they’ll adapt.

    The U.S. Produces Food which I hope you realize that is what keeps people alive. The Middle East B.S. can only offer Oil… that’s it and as far as I’m concerned… charge them the same amount for grain that they charge us for oil and more then half of the problems will be solved.

    Cut off the oil? Go ahead… I’ll have people lined up to work my fields by hand for a good meal at the end of the day and the people who only exist because of oil… will end up ceasing to exist.

    People survived for centuries with just land that could produce food and water… and people will survive for centuries more with those two basic requirements.

    The countries that only have Oil will really have nothing when it ends up coming down to it.

    Because right now… many of us who do own producing land and know what is going on…will not sell it… no matter what the price is.

    I’ll live without Oil… or gold.. or silver. Hope the rest of you can say the same and if not… then you better figure it out.

    Either that… or just get it over with and take care of the people that only exist because of Oil. Because quite frankly… the only reason they have the populations they do is because of selling oil. Other then that… their populations would NEVER have become so large if they had to live off of the land.

    Sure thing… hold on to your hats if you have not figured out the basic essentials yet. If the country would have figured it out… we would shut off all of the money going to these worthless regions long ago and told them the only way they’ll have food is play along or starve.

    Personally… I have the opinion that they should starve for manipulating the oil market with their little OPEC Monopoly… but that’s just me.

    Starve off and rid the world of half the problems… come in and take over the Oil Reserves. It’ll require a little sacrifice but it’s better then the fricken nonsense we keep going through with these clowns.

  • David

    Get ready for KALIMA in Hell! That is all I can say!

  • adp

    Thank you for all you do. I am trying to prepare and spread the word.

  • WhiteRose

    “…we are absolutely doomed” were your last words in the article. That sums it all up.

    The Middle East revolutions will spread throughout the world & America will catch this virus with the rising of fuel & unemployment. Economic, not political philosophy ignites revolutions.

    In fact, just read a book out about Revolution coming to America. It’s a must read cause it’s going to be a long, hot summer. It’s a thriller that will touch each of us. Maybe, history is now showing us our true destiny in our lives.
    http://www.booksbyoliver.com

    Great article!! “we are absolutely doomed”

  • http://moneyedpoliticians.net Jack Lohman

    If all of these farm prices have doubled, it stands to reason that we no longer need farm subsidies… or, uh…

  • http://guymcpherson.com Guy McPherson

    You make economic collapse seem like a bad thing. In fact, it’s the only hope for people from non-industrial cultures, the only hope for non-human species, and increasingly the only hope of squeezing our own species through the global-change bottleneck. What’s not to like?

  • http://www.zenithminds.com Anthony

    I agree 100%

  • Phrygian cap, aka Michael2

    Utah Pushes To Accept Gold, Silver As Alternative Currency

    “The legislation, which has 12 co-sponsors, would let Utahans pay their taxes with gold and also calls for a committee to study alternative currencies for the state.
    http://www.zerohedge.com/article/utah-pushes-accept-gold-silver-alternative-currency

    What is called disaster, I call the possible beginging of liberation. We don’t need the Federal Reserve or the IRS or the World Bank or the IMF, credit ratings or credit cards or usury, interest rates or stocks/bonds or any other of the hocus pocus financial trickery that is more like a giant spider web, than the American Dream.

  • http://www.danielrevelationbiblestudies.com Robert Stout

    Another very good article on preparation of Economic Disaster!!! On many of the reply’s that I written, many may think I’m very pessimistic in nature, but that’s far from the truth, I’m extremely positive of life and helping others learn about Christ!!! I’m just a realist and know what the TRUTH is!!! Because I have deeply studied the books of Daniel and Revelation, the whole world is going to be tested very soon with God’s 14 events that will not happen in random order nor will they be random manifestations of nature. Jesus told His disciples, “I have told you before it happens, so that when it does happen you will believe. (John 14:20) Because the Bible gives the order of coming events in 14 steps, it is possible to identify and anticipate each phase of the Great Tribulation. If knowing the order of events is important, knowing the purpose of each step is even more important. Each person needs to know what God has deliberately and purposefully designed the Great Tribulation to accomplish several strategic objectives. The Bible indicates that God initiates the Great Tribulation, God controls the 14 steps of the Great Tribulation, and God terminates the Great Tribulation. God is Sovereign and He has several marvelous objectives that He will achieve during the Great Tribulation. For example, God has predetermined that the Great Tribulation will be a time of confrontation. A sovereign and righteous God plans to confront a world of many religions, cultures and languages with three simple truths. The 144,000 will present Bible truth which will confront thousands of errors. People who love God and seek to now His truth will submit to God’s truth and receive eternal life. Many people who know nothing about God will turn to Him during Earth’s last hours and be saved! Others who hate God’s authority and His truth will defy the authority of God and rebel against God’s laws. Even though there are about 7 billion people living in more than 220 nations on Earth, God has a very clever plan that will test everyone in every religion in the same way! (Revelation 3:10) According to Revelation, this is the process:
    The first four trumpet judgments will overwhelm and startle everyone on Earth. The amount of destruction and the loss of life will put the whole world in a state of shock. The fear of God will be a literal reality. The survivors of the first four judgments will intellectually and emotionally react. God will use His redemptive wrath and man’s reaction to His judgments to set up a very important test throughout the world. God wants His laws to stand in direct opposition to the laws of man. this juxtaposition will put every person in a difficult situation because rebelling against God will have severe consequences and rebelling against the laws of man will also have severe consequences. By setting up a global situation where there are only two options – obey the laws of God and suffer the wrath of man, or obey the laws of man and suffer the wrath of God – the innermost allegiance of every human being will be revealed.
    God will set a situation in motion in every nation that will reveal who is willing to obey Him, even if it puts people at odds with their family, their religion and the laws of the government. By doing this, God will determine who loves Him and His truth above everything else. God has designed the Great Tribulation to be a great controversy and the Bible reveals how the controversy will end. There will be enormous casualties on both sides of the controversy, but God will triumph in the end because He is omnipotent. He has power of resurrection! (Revelation 19:20,21; 1:18) Friends, please take a serious look, you will be eternally glad you did! Many people simply do not understand now, but TRUTH will have its day, and that day is coming very soon!!!!!!!

  • Scott Johnson

    There are some examples of collapse on american soil that can be studied. Detroit for example, but even more dramatic, Iron City, Tennessee.

    It was boomtown that collapsed abruptly into a lawless hellhole after the iron mines closed up. There’s a documentary about it called “Iron City Blues”.

  • mondobeyondo

    I’m waiting for the one true sign that will prove the end is near:

    Charlie Sheen announcing his 2012 presidential bid.

    It won’t be a circus – we’ve gone beyond circus territory. We would be headed for the insane asylum.

    The presidential debates would be hilarious – the self proclaimed “rock star from Mars” with “tiger blood”, a woman from Alaska who said she could “see Russia from my house” (not true – Tina Fey of Saturday Night Live said that), and of course the Messiah, the one and only Barack H. Obama! Although he isn’t the true Messiah. Maybe you thought he was back in ’08, but it turns out he just chopped off the last three letters of the word, and left us with a Mess. And that is what the world will be in by 2013, assuming those ancient Mayans got it all wrong.

    Yes, the world is in trouble indeed.

  • mondobeyondo

    Economy Department ledger sheet:

    Oil = in the black
    Blood = in the red

  • http://freefood2gocoop.com/ Free Food 2 Go

    Where there is Crisis, there is Opportunity. People need to having access to clean water and enough food to see them through the crisis.

    Prepare now before it’s too late. You DON’T want to compete with your neighbors at the grocery store.

    David
    Free Food 2 Go

  • http://erectuswalksamongstus.com Max Hardwood

    Planet Earth is reeling from the weight of all
    the masses of people. If it’s one thing humans
    know how to do, it’s reproduce! Our oceans are
    depleted and polluted, our lands are arid and
    unfertile from decades of overuse. Where will we
    get all this food?

    You young men and ladies out there, good luck!
    The men will not live through the meat-grinder
    war coming up…ladies, better get a banking
    job!

    I can only imagine the world of 2300…all
    humanity will be one ‘brown’ race, everyone
    will be living under sharia law, there will
    only be peasants serving the ultra-rich, food
    will be your wages; I just don’t see how it
    will ever be better than it was the last 100
    years. Earth, 2300? FUHGEDABOUDIT!

  • http://moneycrisisgameplan.com Buy silver bullion

    Food and fuel prices going up… Real estate values are still going down… Insiders are selling in the stock market and it’s only being inflated by the Fed’s QE2 spending.

    Meanwhile silver keeps rising and is poised to skyrocket as US Banks will be unable to cover their silver positions later this month.

    Buy silver bullion while it’s still cheap and available.

  • http://isncoinsreviews.com David

    This year the food and gas inflation will cause people to wake up and realize that their Dollars are losing value. And when they lose faith in the currency, hyperinflation occurs.

    Start buying silver now to protect your wealth and leverage the greatest transfer of wealth in the history of mankind, as people move from paper assets to precious metals.

    David
    ISN Coins

  • Spencer

    man you’re getting more and more alarmist by the day.

    Throughout history, there have been countless financial disasters, depressions, recessions, hyperinflations. They all come to an end. They suck for the citizens at the time, but we move forward. Alarmists and prophets of eternal doom have countless times been proven wrong.

    There have always been doomsday’ers like you who have no hope for anything, who see no hope on the horizon. You’re the people who never get ahead because you fail to factor in human ambition, will and resolve. We’re a very adept specifies, and you don’t give us the credit we deserve.

    A day of reckoning is surely coming, but like every storm there’s a sunshiny day on the other side. But you are not hopeful for that sunny day, you’re hopeful for the storm. You want to be like Noah, you want everyone around to go “hey look, Michael was right, oh how we should have listened to him”. It’s vanity pure and simple.

    The truth is the world financial system may be a mess, but it will get fixed. people and governments will learn their lessons, life will go on, and 1000 years from now some new Michael Snyder will come around and say that THIS TIME it’s really all coming to an end.

    You fill a niche role in society, I wouldn’t say a pleasant one, one Paul Ehrlich has been playing for 45 years. As his predictions failed to factor in human ingenuitity and have and been blown away, so will yours.

  • http://cherylkicksass.blogspot.com Cheryl M.

    Actually, water is more crucial then oil or food since the human body will perish without it within 3-5 days.

  • http://cherylkicksass.blogspot.com Cheryl M.

    So here are some solutions: Get an EcoloBlue water generator that takes water from humidity. Get an Aerogrow hypoponic vegetable grower to grow your own lettuce, tomatoes, herbs and vegetables. Get Mountain House #10 cans that store delicious meals for 25 years (out of stock in many places, do it fast). Keep disaster supplies restocked, get he 5 year packs of emergency water. Get some gold buillion and silver for when dollar collapses and develop a barter system. Dump things you don’t need on Craigslist to get some quick cash and convert it into things you really need in the new economy.

  • Peter

    In other words, abortions are not so bad after all.

    But then again, Republicans care more about babies before they are born than after they are born.

  • Liberte

    Monolithic usury predetermines failure.
    [Can anyone disprove this?]

    Options are:

    1. Hyperinflationary depression
    2. Deflationary depression
    3. Jubilee (http://en.wikipedia.org/wiki/Jubilee_(biblical)

    Revelations 2:9

  • CountryHick

    Did you see they are now warning us to get used to high gas prices?

    It May Be Time to Get Used to Costly Gas Prices

    See full article from DailyFinance: http://srph.it/giQ10U

    Yes people of earth get used to the high prices and people of America thanks to the Banksters get used to being as poor and downtrodden as the citizens in other third world hell holes that was really the plan all along thanks to the financial terrorists.

    The US Financial Crisis Was Caused By Terrorist Banksters!

    http://www.allvoices.com/contributed-news/8382679-the-us-financial-crisis-was-caused-by-terrorist-banksters

  • GoneWithTheWind

    The question is; will it be a long depression or worse? Will it end in up causing a world war? It’s not to late to prepare. Do something.

  • http://TheEconomicCollapse Dave

    It would be good to remind us again how to store food in a wise way. I do not even know where do I start. Do I store whole grains or freeze-dried meals ready to eat? Do I store in bags or nitrogen packed large cans? Help!

  • Johnny

    Do not worry all the third world people flooding into America will fix everything using their IQ’s of 80.
    Look how amazing their 3rd world countries are.

  • Gary2

    Public Says: Give Public Employees Their Rights, Tax the Rich

    Americans have strong views on who should pay to fix the federal deficit: They say the rich should do so. By far, the most popular solutions for dealing with the deficit included placing a surtax on federal income taxes for those who make more than $1 million per year (81 percent),

    Public Opinion Snapshot: Public Says Tax the Rich,

    Over 60 percent of Minnesotans favor Dayton’s plan to raise taxes on top earners.”

    Most Americans think the United States should raise taxes for the rich to balance the budget, according to a 60 Minutes/Vanity Fair poll

    Most Americans say tax rich to balance budget: poll

    TAX THE RICH AND SPREAD (redistribute) THE WEALTH NOW!-MORE and MORE PEOPLE AGREE

  • http://www.1913intel.com Matt

    With these kinds of problems, things are not going to proceed smoothly. Sort of like cooling water, then all of sudden it turns into ice. This is a phase (state) change where everything you know changes in a flash.

    How financial terrorism set off the crisis in 2008:

    Financial Terrorism Suspected in 2008 Economic Crash

    Was it terrorism, or an act of war?

  • Eric V. Encina

    IS THE SYSTEM COLLAPSING FOR THE BETTER?

    by Eric Verzo Encina

    “There are risks and costs to A PROGRAM OF ACTION, but they are far less than the long-range risks and costs of comfortable inaction”. – Former US President John F. Kennedy

    The present gripping crisis all over the world such as disasters like the present Gulf oil spill, EU financial crisis and global financial crisis side by side that bombard us everyday is a fact that we are heading off to an approaching demise of the present system. There is hope after a flood of despair. It is interesting that it has been reported as prognosticated by some great men and women that in more or less 1 to 2 years time this false reality or false system will crumble. In the interim what we need to see now is more esoteric evidence of change for the better after the collapse of the system.

    WE READ, AND SEE NUMEROUS TRAGEDIES IN THE WORLD TODAY THAT ARE NIGHMARISH AND HEART-BREAKING AND AS WE SEE CHANGE FROM WHATEVER PERSPECTIVES, AND WE HAVE REACHED THE BOTTOM LINE BUT THERE IS NO REASON TO TOTAL DESPAIR SINCE ALL THESE THINGS MUST COME TO HAPPEN TO HAVE A NEW WORLD. IF ANYONE WOULD BE ASKED ABOUT: WOULD THERE ONLY BE ONE DIRECTION OF THE FUTURE CAN TAKE? SHALL IT BE FOR THE BETTER OR FOR WORSE? IT IS EVERY DIFFICULT TO PROGNOSTICATE OTHER THAN SPECULATE. BUT THERE IS HOPE AT HAND. THE FUTURE IS IN OUR HANDS IF WE PUT OUR FUTURE IN THE HANDS OF GOD.

    THERE IS SEEMED TO BE EVIDENT IN MANY EVENTS THAT ARE GOING ON AROUND THE WORLD AS REPORTED THAT FOR INSTANCE, DEUTSCHE BANK AND BANK OF AMERICA WERE TAKEN OVER LAST WEEK, BY THE GOOD GUYS, BASICALLY REMOVING THE EVIL NEOCONS THAT WERE PARTICIPATING IN THE RUTHLESS TYRANNICAL DICTATORSHIP TAKEOVER OF THE WORLD. ONE BY ONE, BY CIRCUMSTANCES EVIL MEN IN THE POLITICAL, BANKING, FINANCIAL AND POWERS ARE REMOVED. THE JUDGMENT IS COMING UPON THE EARTH. IT IS GOING TO BE BRUTAL IN THE COMING YEARS OF JUDGMENT, AND WOE TO THOSE WHO DO EVILS.

    ALSO WITH MIXED UNDERSTANDING AND AMBIGUOUS REPORTING AND ASSESSMENTS ABOUT THE VATICAN IS UNDER CONSTANT ATTACK BECAUSE OF THE SCANDALS INVOLVING SEX ABUSE, THEFT, PROSTITUTION ETC… WHICH IS VERY DIFFICULT TO JUDGE IN VIEW OF THE HIGH PROFILE ISSUES INVOLVING THE CHURCH HIERARCHY WHICH, BY PRUDENCE, IT WOULD BE BETTER TO LEAVE IT TO THE HOLY FATHER. THE MEDIANIZATION OF THE SEX SCANDALS IN THE CHURCH IS NOT HELPFUL BUT ONLY AGGRAVATING THE PROBLEMS. THE ISSUES OF SEX SCANDAL IS AN INTERNAL MATTER OF THE CHURCH AND IT IS USUALLY RESOLVED WITHIN THE CHURCH ACCORDING TO CHURCH LAWS–SUPPOSED TO BE NOT COVERED BY THE CIVIL LAW. HOWEVER, WHAT I AM VERY CONCERNED ABOUT THE ROLE OR SYSTEM OF THE VATICAN ABOUT ITS INVOLVEMENT ON DEBT FINANCE WITH THE INTERNATIONAL BANKERS SO FAR AS ECONOMIC, FINANCE AND WEALTH AS A WHOLE IS CONCERNED IS THE ONE THAT IS VERY SIGNIFICANT RATHER THAN ON SEX ABUSES. BESIDES, SEX ABUSE EXISTS WITH DIFFERENT RELIGIONS , NOT ONLY IN THE CATHOLIC CHURCH WHICH IS BEING SINGLED OUT BY THE BIASED FACTION OF THE MEDIA ONLY FOR PROFIT AND FOR DESTROYING THE FAITH AND MORALITY OF THE CHRISTIAN POPULACE. AND AS THESE ISSUES, NO DOUBT, ARE EXTREMELY DELICATE, WHAT WE NEED IS PRAYER AND VIGILANCE.

    ANOTHER QUESTION IS: DO WE HAVE THE POWER TO CHANGE THE SYSTEM?

    If the system is really belonged to us, and was or is ours, we would have the ability and power to change it. But, alas, the system belongs to “The-Powers-That-Be. So the question then becomes: If the system is theirs, how can we change it? And so if we had any control over the system, we would have the power and ability to make changes for the benefit of the people without going through a futile struggle? Another thing is that in addition to most peoples’ lack of level of awareness, and understanding and or people’s complacency, and not just put peoples off, most people just can’t see beyond the smoke and mirrors of what is happening, and who is behind and why it is happening, and very few are mobilized to take a united stand and action to change the system and build or rebuild a clean slate.

    Another perplexing problem that is very endemic now is that rather than work together in cooperative spirit, toward a common purpose and noble ends, people tend to work at cross purposes and encroachment, even when they mean well. They fail both consciously or unconsciously to see the bigger picture, and end up fighting each other instead, and worse of all discouraging each other. Human fallen nature is indeed proven to be unpredictable at best, especially when big egos get in the way and or when pride is in opposing paradox.

    But by being compelled by truths and noble-mindedness, we are still required to thinking outside the box until there is a way for solutions for all humanity otherwise, death is coming.

    The pangs of death is coming in not too distant future. Life is nothing else, but a swift running to death. The only truth is that there is life beyond the grave.

    “The important thing is not to stop questioning. Curiosity has
    its own reason for existing. One cannot help but be in awe
    when he contemplates the mysteries of eternity, of life, of
    the marvelous structure of reality. It is enough if one tries
    merely to comprehend a little of this mystery every day. Never
    lose a holy curiosity.”

    — Albert Einstein

    Eric V. Encina

    Filipino Social Crediter/ Monetary Reformer

  • http://www.youtube.com/watch?v=QlUbg3rUGrU Smash the Control Machine

    The sparks of the tempest rage a hundred years on
    The voice of the dreamer screams, the cause of the pawn
    The King and the Queen are gone, each piece is the same
    The difference between us is a part of the game

    Darkness is spreading like a spot on the sun
    The dead are the living in the age of the gun
    While everyone clamors for the justice they seek
    The world is corrupted and the strong take the weak

    They mold you and shape you, they watch what you do
    The sparks of the tempest are burnin’ you through
    Spreading like wildfire, fallin’ like rain
    Though they may promise, they only bring pain

    The future is managed, and your freedom’s a joke
    You don’t know the difference as you put on the yoke
    The less that you know the more you fall into place
    A cog in the wheel, there is no soul in your face

    Run for the cover, Millennium’s here
    Bearing the standard of confusion and fear
    Spreading like wildfire, fallin’ like rain
    Though they may promise, they only bring pain

    Blood in the sand, a cry in the street
    Now the cycle is nearly complete
    Ten thousand years, and nothing was learned
    No turning back, now the wheel has turned

    Big Brother is watching and he likes what he sees
    A world for the taking, when he’s ready to squeeze
    The King and the Queen are gone, each piece is the same
    The difference between us is a part of the game

    Soothsayer saying now tell me no lies
    What is this madness that is filling the skies
    Spreading like wildfire, fallin’ like rain
    Though they may promise, they only bring pain

    PERFECT!!!!!PERFECT!!!OH SO PERFECT!!

  • Clay Hutchison, Sr.

    RIGHT on the money! I am impressed! I am a petroleum Geologist, and I can tell you that your assesment of the world oil situation is actually a bit soft. But when you included the shortage of fresh water, it reenforced everything you were saying 200%. Good job!

  • http://www.suburban-self-reliance.com Jerry

    SWEEEEET!

    I can’t wait!

  • David

    Pleas read on this report from CNN.
    If you thought you had less than three perfectly healthy months to live, what would you do? Would you travel? Spend time with loved ones? Appreciate the joy life has given you?
    Or would you ditch your kids and grandkids, join strangers in a caravan of RVs and travel the country warning people about the end of the world? May 21st 2011

    http://edition.cnn.com/2011/LIVING/03/06/judgment.day.caravan/index.html?hpt=C2

  • Roderick Beck

    More fear mongering by somebody who clearly does understand finance. Debt has existed in all societies. And debt is not a ponzi scheme.

  • Steve D

    It’s sad to say there are so many that think we are just fine. I don’t think the world will end but I think that the 50% to 70% will suffer so bad due to there day to day, paycheck to paycheck living. it will be Catrina like….The Gov. is not coming. So,don’t panic just get ready slowly. No different than if you lose your power for a week. Get your head out of the sand
    God will have your butt in the end!!!

  • Jonesy

    Peoples of the Earth: read what marx has to say on the role of debt in the capitalist system. Read. Study. Use your brains. Educate yourselves.
    http://praxisblog.wordpress.com/2008/11/18/marx-on-debt/

  • flat broke world

    hey as long as they don’t cut my social security, food stamps, medicaid, sec8,disability and cable service the rest is just yesterdays news

  • i agree

    the question is why isn’t there a government program to pay for my internet and cable service, i really hate spendin my own money

  • http://www.g-repair.com Boudewijn De Graeve

    Correct analysis, it seems. However, i think or I hope, there is a solution-system, which implies a radical shift of the society model itself. With the logistic and intellectual support of a number of friends in a dozen countries, mainly yes in Portugal, I have compiled an inventory of the proposed solution, we call Global e-Society Complex. The key-file can be download from the top of the page. It is a complex system indeed and it needs vision to grasp it. Welcome to join !

  • Jasper

    Let it crash and burn, then and only then will logic make sense.

  • Patriot Alice

    It seems like China is causing all types of trouble, unintentionally!. They will vastly increase consumption of all commodities, increase global warming, basically “Eat out of house and home”. This is actually funny if it wasn’t so serious. Wait until India comes aboard!

  • Stephen

    The world leaders need to ask for a debt jubilee. We should immedately ask reinstate the pre-Reagan tax level systems and repeal all of these tax cuts for the richest. I would also cut corporate tax breaks for the biggest corporations (companies like Wal*Mart, Exxon Mobil, etc should not be able to get away without a federal tax bill). I would also cut the war budget and increase the food subsidies for low income people so they don’t starve. I would also investigate the Ponzi scheme economics and punish the people responsible for creating it and transform the economic system to one that handle declining environmental resources without a major collapse.

    I would then cut defense some, cut social security for those who are wealthy and have large pensions and savings already, reduce the amount of litigation in health care, create low income clinics to reduce hospital visits for the uninsured for things that would be an office visit for the insured, make prescription drugs cost what they do in other countries, and the like.

    I would then run a national campaign of local gardening, and get stores to accept food grown in backyards and create local farms and farmers markets, similar to what Cuba did in the “special period”. Finally, I would work to get goods assembled close to home again instead of shipping them from China, Taiwan, Bangledesh, Mexico, Guatemala, Houndouras, and other third world labor countries. I would enact an import tax per item that is far higher than the US cost of labor to assemble the item in this country and give a tax break to assembling the item within 50 miles from where it is going to be sold in the stores. This would make US labor cheaper than Chinese labor.

    I would also create research grants to work on alternative fuels that have these characteristics:

    * Ability to scale (e.g. sustainability produce over 4 million barrels per year)

    * Ability to work in existing devices that rely on gasoline, diesel, or another fuel reliability with little or no modification to the existing device

    * Have a very high EROEI (greater than 600% or more)

    * Use little or no fossil fuel inputs or minerals that are in decline to create and scale

    * Be enviornmentally friendly to create

    If an energy source doesn’t meet these guidelines it probably cannot have much relevance post-peak oil.

    * Educate the public on a low energy lifestyle looks like and how to get used to it and prepare for it. Teach the skills that are long lost to the current generation

    * Enact a carbon tax

    Lastly, we need to put quality of life over GDP growth as a national priority and make it so one doesn’t lose their possesions, assets, and quality of life when a job loss or layoff occurs. If we change the value of matter, rethink that every person needs to work 9-5 (and replace it with pay by productivity over hours), free property from debt trap liens, and revive things like local arts, social etiquette, civility, and community recreation programs, and school based extracurricular and hands-on classes, as well as a sense of community where people know their neighbors and do things together again we should be able to acheive this one.

    Over time we need to rethink the corporate profits at all costs economic policy and investigate the ratio between worker pay and CEO pay is so high. Additionally, the bankers that committed the subprime loan scandal should have not gotten bonuses but instead should have gone to jail for what they did.

  • JLouise

    Let’s talk about WHAT to do to get ready. Other than stocking food (short-term solution) and seeds (farming is a bit more difficult than most people think) what seriously do you do? For one, locate to a COMMUNITY of intelligent, thought-provoking, forward-thinking people who are pooling brains, manpower, and collective money to get a functional community going that supports local commerce.

  • DMyers

    We certainly face a hard intersection of emergent crises, worldwide. Oil and water are of major and immediate concern. Comfortable resource buffers, spare capacity as it is sometimes called, are going or gone. All that stands between us and the merciless retort of the Nature we have conquered, defiled, and leveraged as a one to forty fractional reserve requirement is a non-stop lifeline of fiat currency.

    Fiat currencies are issues of faith. The Dollar, world reserve currency that it is, has special though not exclusive importance in the realm of fiat currency religion. The question really comes down to questioning that faith itself. What sustains it? How would it be broken?

    Institutionalized

    I note that the Dollar has become institutionalized. All kinds of institutions, with at least apparent legitimacy, have grown up around it and serve as facades of legitimacy for its perpetuation. The banks, the Fed, all government entities that have issued dollar denominated debt instruments, insurance companies, these institutions have come to appear as the impervious foundation of Dollar value. To lose faith in the Dollar would be to lose faith in these very institutions, which have come to appear as guarantors of the world currency, as much as they are the indispensable executors of our socioeconomic existence.

    Vested Interests

    As there is an excellent, current article from The Automatic Earth web site regarding this phenomenon, I will only brush upon it. All the above mentioned entities and institution clearly have an interest in sustaining Dollar Faith, but in addition to those, foreign nations hold huge sums of dollars and therefore have a patently vested interest in sustaining Dollar Faith.

    Faith Defies Facts

    The phenomenon of faith, in general, is an adherence to or trust in something, which abides even against hard evidence to its contrary. The stronger the faith, the more it is enured by reasonable opposition. Dollar Faith would have this same obduracy.

    Surely, a stunning example of the faith/facts dichotomy is found in what I’ll call the Dollar Faith Stretch (DFS). DFS is represented by the difference between the basic dollar unit (one) and any of the indices of extreme dollar debt aggregation (e.g. National Debt, Annual Budget Deficit, Annual Interest on U.S. Debt, etc.). DFS is often illustrated as time or distance, such as the 440,000 years at a dollar a second mentioned in the principal article, or the often cited galactic distances spanned by trillions of dollars stacked or placed end to end.

    DFS weighs in palpably against the value of the basic unit as nothing else can. The basic unit is absurd in relation to the target aggregates. The totality of images and symbols on the dollar bill amount to a caricature. If any collateral whatsoever were behind that paper, any substance, commodity, capacity, or product, there would not be room on earth to accommodate the collateral necessary for the corresponding quantity of paper or numerical equivalents of digital entries.

    Propaganda

    Propaganda no doubt plays a big role in the Dollar Faith. That is such a huge and complicated subject, which has received such extensive discussion on the internet, that I would not dare touch it here, except to acknowledge it as an indispensable feature of Dollar Faith perpetuation.

    Dollar Faith is the key to the fiat currency mystery on which our world turns. Dollar Faith is the stand or fall factor. With so much resting on blind emotional attachment to a symbol from the past, even considering all the active intervention of those interested in keeping the faith, I would be inclined to agree with the article’s conclusions.

  • http://captstamp@aol.com Gary Muller

    Yes the country is in this shape
    because(44) fourty four Million AMERICANS shop at WALMART – NOT MADE IN AMERICA – stuff
    THINK ABOUT IT

  • Eric V.Encina

    THE REVIVAL OR THE DEATH OF HOPE

    By Eric V. Encina

    I shall see in this article who is for good, and who is not.

    We know already the real problems, the root-causes of the problems of peoples, of nations and of the world.

    Diagnosis is now completely done. Everything is already diagnosed. What we need now is medicine for cure. Further diagnosis of diseases of the world, of talks of the problems are futile.

    We are already completely overwhelmed and shackled, and extremely bombarded, by the millstone of news of nasty-muddy things and of all evils in this world, of endless documents, evidences and burden of proof both printed and online that shackle and add up miseries and get us debilitated. Peoples focus on problems than solutions.

    No more heavy reading. No more hard talks. More information and knowledge do not solve problems but only complicate things. The more we dig up evils, the more evils inflict upon us.

    We have to choose right now!

    The revival of hope? Or the death hope?

    Is there a way of the revival of hope for all people?

    Or hope is dying? Is total despair coming?

    To have hope, let us get out from pride, hypocrisy, egoism, bureaucracy and arrogance.

    To have hope for all, let us get out from the darkness of sins, of wickedness, of crimes, of lies, of deceptions, of injustice, of greed, of selfishness, of avarice.

    To have hope, let us get out from the darkness of politics, of economics and of finance.

    To have hope, let us cancel all debts, and cease usury and interest in the world.

    To have hope, let us make the world resources available for all people without discrimination.

    To have hope, let there be restoration of things we have stolen from peoples and nations.

    To have hope, let there be peace in the hearts of all men.

    To have hope, all must people must have unity in diversity.

    To have hope, all must people have charity and solidarity to each other as brothers and sisters.

    To have hope, all people must forgive one another.

    To have hope, all people must repent and be good.

    The greatest self-interest is the interest for all.

    To have hope, let there be debt-free money for all people.

    To have hope, let there be provision by right, equality and justice of financial security guaranteed to every man, woman and child in the form of “dividend” to everyone.

    To have hope, all people must acknowledge our Creator, our God, our Maker, The Author of Life and Owner of All Wealth in the Universe. We are all nothing before God. All these things come from God.

    To have hope, all must love God above all and love our neighbors.

    To have hope, we must inscribe God laws in our hearts.

    Anyone who does agree is the agent of hope.

    Anyone who does not agree is the agent of darkness and despair.

    If all these pathways to hope are not heeded for revival by all people, hope is dying indeed. And we shall be ruled forever by despair.

    Any kind of respond is welcome, and might show anyone’s reflection. This is not about judgment but about knowing peoples for good or not.

    Thank you with gratitude.

    Eric V. Encina

    • Deb

      excellent, well thought out, and amazing truths. may God bless those that read your post. Amen

  • The Beast

    The Arabian Peninsula is in a brink of major change. The Saud dynasty’s reign is in peril. If there are two things you can be sure of, these would be that: 1) The sun is going to rise from the east tomorrow morning; 2) The Saud dynasty is seeing its last days with its demise coming in soon, very soon.
    And the thing about the fall of Saudi Arabia, its effect would not be limited to the price of oil going through the roof. As one president in the Middle East put it: Recent happenings in the Middle East are signs of a change on a global scale. The Change that was prophesied by ancient prophets.

  • Your Future

    Cars are doomed first – along with the ridiculously inefficient airline industry. Watch as these two former titans fall like the piles of murderous polluting crap they always were into the dustbin of history.

  • Kevin

    The US has two things in it’s favor. One it is self sufficient with food; two it has more recoverable natural gas in BTU value (which is the only accurate measure) then Saudi Arabia has in oil. Having food and energy beats not having food and energy.

    The world might go through a but kicking but I’ll take that while living in the US. Now some places in the US will not be desirable but some places may fare better then most expect. If an area has farmland and natural gas that will be ideally X marks the spot.

  • http://www.osixs.org morpheus

    People are starting realize we are in big trouble. But most of our energy is being wasted because we don’t know what to do. We’ve become flustered and discouraged.

    Don’t give up, we have a choice. Just keep going.

    JOIN THE REVOLUTION
    Read “Common Sense 3.1” at ( http://www.revolution2.osixs.org )

    We don’t have to live like this anymore. “Spread the News”

  • Gary2

    America is not broke. Not by a long shot. The country is awash in wealth and cash. It’s just that it’s not in your hands. It has been transferred, in the greatest heist in history, from the workers and consumers to the banks and the portfolios of the uber-rich.

    Today just 400 Americans have more wealth than half of all Americans combined.

  • mondobeyondo

    People of Earth…

    If you put your faith and trust in Jesus Christ, you will be saved.

    If you instead decide to listen to Judas Priest… well, you’ve got Another Thing Coming.

    *sigh* Anyway…America’s standard of living as we know it now is unsustainable. Petroleum trees do not exist, so you can’t plant oil. Science has made incredible progress in increasing food yields worldwide. We think science has all the answers. But Mother Nature always has the upper hand. Don’t play poker with Mother Nature – she wins every time. We’ve even tried to fool Mother Nature by “seeding” clouds to produce rain. Guess it didn’t work.

    The paradigm is shifting. The price of oil is rising. And so Americans, from the common citizen right up to the federal governent, stays awake at night with worry. America runs on oil. It is the easiest way for a foreign government to hold us hostage. Higher oil means higher transport costs, to deliver your fruits, veggies, iPods and big screen TV’s (Point: They’re all going up in price).

    Farming would be severely impacted (much fertilizer is petroleum based). You need fertilizer to grow corn, which is used for animal feed, and to grow other stuff like strawberries, wheat, alfalfa, lettuce, tomatoes, etc. And after those chickens, pigs and cows are slaughtered and cut, those McChickens, McRibs and T-bone steaks have to be transported to your supermarket. (Diesel trucks, trains, and so forth..all using oil.) Yup, meat’s going up a LOT. Gas and electricity would be severely curtailed. Money makes the world go round, but oil keeps the gears lubricated.

    No oil = no more American superpower. No wonder we fight so hard to control/dominate the supply of oil.

  • http://www.planorperish.com/ Gutter Economist

    Ref: Dave, March 5th, 2011 at 11:27 pm

    It would be good to remind us again how to store food in a wise way. I do not even know where do I start. Do I store whole grains or freeze-dried meals ready to eat? Do I store in bags or nitrogen packed large cans? Help!

    Reply: http://www.planorperish.com/

  • mondobeyondo

    Fear mongering? Ha ha ha hee hee ho ho.

    I’ve been through reality. And after going through the real world, nothing scares me.

  • http://www.pathtoasia.com rhea

    The Greed of Corporate America is what has brought down America. At this point, whether planned or accidental, I don’t see how this country (or the world, for that matter) can avoid a meltdown so catastrophic that it hurtles us back into the dark ages. I wonder how many countries will we take with us…

    “Retire or work in Asia – we can help. http://www.pathtoasia.com/

  • BigM

    I have the answer! Just hit the reset button. Cancel all debt and just start over. Besides,if one just pays close attention it seems the elite know we’re heading for a cliff and they seem more than happy to let it happen. Da Bums!

  • http://leibowitzsociety.blogspot.com Leibowitz Society

    People don’t remember, but the Great Depression was a worldwide event. The big difference between then and now was that much more of the world’s population (which was far smaller) lived closer to the land and we were not as reliant then on technology and machinery for our daily live. There was also not the insane levels of debt we have now, which will just complicate any attempt at “fixing” things. In short, we’re headed for a new Dark Age.

    Visit http://leibowitzsociety.blogspot.com for discussions of the coming collapse, as well as thoughts on individual preparedness and — most importantly — saving our precious knowledge for future generations.

  • http://johnbestjr.blogspot.com John Best

    The obvious solution is to vote the Rothschilds out of our government and end the price fixing and the debt they created for us. http://www.youtube.com/watch?v=1li1w3-3mNk

  • Don Levit

    DMyers brings up some fascinating thoughts regarding what is behind the full faith and credit of the U.S. Government?
    When I think of faith, I think of God.
    Whether there is a God or not, at least we have some evidence that He created the world.
    With the dollar, what is sustaining our faith, as DMyers asks?
    What could break it?
    On another web site, econospeak.blogspot.com, in the current article, the author wonders why we should ever pay back our debt, since other countries don’t do so.
    One commenter wonders why we should even pay back interest on the debt when the debt itself was “created” by the government.
    People who support MMT, as I understand it, we do not need debt to pay our bills as the government has the ability to create money out of thin air, by using keystrokes.
    This reminds me of God creating the world by simply talking it into existence.
    It seems to me the full faith and credit of the U.S. Government will not be determined by the special interests DMyers cited.
    Instead. it will be determined by you and I, the masses.
    And, while many people say the U.S. Government is not like a business or household, the average person can see the federal government only as if it were such.
    It’s like we can understand God only as if he was a human. Maybe that’s why Jesus Christ was introduced.
    It seems to me we, the masses, are being asked to base our faith on our glorious past, and the dollar being the world’s currency.
    In addition, our faith is to be based on keystrokes and fraudulent government accounting.
    Accounting, like on the econospeak web site, in which assets are recognized immediately to pay off current expenses, and the corresponding liabilities can be rolled over, and ignored, forever.
    Personally, I have more faith in a God than I do the U.S. Government.
    There is more evidence that God exists than our dollar is backed by real assets (other than goodwill).
    Don Levit

  • ray

    Lindsey Williams said on youtube that the ‘elite’ want oil at 150 to 200 dollars a barrel within a year. He said in October 2010 that the ‘elite’ told him they were going to cause a crisis in the Middle East in 3 or 4 months. It happened almost to the day. Also David Icke in his book ‘The Biggest Secret’ talks about the coming new world order.

  • C. Jackson

    There’s plenty of food and there’s plenty of oil, but there’s never enough profit.

  • http://www.metacafe.com/watch/1378480/december_21_2012_the_end/ Terry Yonka
  • Dan McDonald

    I do foresee potentially hard times. But I don’t see oil as necessary. It is certainly advantageous in the present as it has been in the past one hundred years. But the reality is that the universe is as full of energy as matter.

    How will that energy be harnessed? It will be harnessed as the need for harnessing such energy is required. This is the history of energy. Britain stripped itself of its forests, leading to use of coal and electricity. Lighting done in America by the use of whale oil was replaced by kerosene and petroleum oil.

    There are various ways of obtaining electricity from nature including wind, solar, geothermal, hydroelectric, and is there reason to believe we have full knowledge of how to produce and deliver electricity at the present. We should be prepared for hard times, but I think we ought to keep optimistic in our search for answers to present dilemmas. Still it is important to recognize the challenges to our societies and ways of life and this article does a good job of that.

  • schwartzer

    End the fed, end the problems

  • http://www.phantomreport.com DSRehder

    A world conflict is coming close to bursting out of it’s seams. Oil is the economy and world powers know the strategic importance oil. Clean water is the next key strategic importance. Read ‘committee on foreign relations document about water wars’
    Read >> http://www.phantomreport.com/?p=604

  • grünschild

    You crazy americans _hit on the world since ages, but now as the _hit comes back you start to complain like babies.
    The end of the american empire has come, because you have nothing usefull to the world to give. RIP

    • Deb

      Don’t be fooled. If America goes down, the rest of the world will feel the effects, including wherever your from. The bigger picture is that the entire world is going down. Your only hope is by turning your trust over to God through faith and repentence to Him by his only begotten Son, JESUS.

  • Really people?

    When are people going to realize that it wasn’t federal and state programs that got us into this mess? It was greed.

  • http://paradigms.bz Baruch

    Good article. The piece that is left out is that we, humanity, have borrowed from the Earth. All our debt is essentially based on exploitation of the planet, as evidenced by the damage we have done and are doing to the biosphere. Unless and until we make things right in our relationship with nature, we will continue on this destructive path until we have made ourselves extinct or nearly so.

  • Phil

    to the idiots who are complaining about Americans on s.s disability, don’t complain, you might get there some day yourself and then what are you going to do. I agree in part with you, all these services are over the top, but lets start cutting all the scam money that is flowing into the pockets of people who are not even citizens, and this runs into the hundreds of billions of dollars to curry favor with groups and minority groups for fraudulent votes.

  • http://facebook/nwsurvivaltribe k rae

    if you are in the northwest, join with others who want to survive!!! check us out on facebook: nw survival tribe

  • James

    Alcohol is a huge part of the answer to the daily energy needs of average people. Did you know that cars originally were able to run on alcohol?

    I wonder why people aren’t mentioning that you can grow beets or potatoes on one or two acres for distilling enough alcohol to run your cars and home for the year.

    The story is that the Rockerfellers got a whole bunch of people beat up and thrown in jail to prevent that from happening back about 90 or 100 years ago…so here we are.

    Check out David Blume:

    http://en.wikipedia.org/wiki/David_Blume

  • suzwms

    @Roderick Beck>>>>Are you a moron? “More fear mongering by somebody who clearly does understand finance. Debt has existed in all societies. And debt is not a ponzi scheme.”

    Clearly, you are the one who does not understand. Just because debt has been in all societies doesn’t make it 1. Viable or 2. in OUR best interest. Especially, when you consider that something of “value” (i.e. your gold, silver, life) is traded for a piece of paper that came out of my daughter’s pretend cash register. This isn’t “make believe” and it isn’t “fear mongering”. It’s fact.

    Maybe your fear of accepting reality..and your ability to cognitively discern fact from fiction is the real problem.

    That’s O.K. buddy. You keep on thinking what you want. Turn back on your T.V. and watch “American Idol” and don’t forget to eat your GMO “Hamburger happy meal”.

    It’s allllll gooood. enjoy.

  • Eric V.Encina

    The Most Desperate Prayers To God

    By Eric V. Encina

    Lord, we believe You, the Creator of Heaven and Earth and Universe, our Creator, the seen and unseen, we humbly beseech thee, to manifest Your Godly presence to us in the midst of our man-made tribulations and chastisements.

    Lord, it is better to die than to sin.

    Lord, give us hope before we resort to despair.

    But Lord, how can we avoid sins when we are all born in sin except Your Begotten Son Jesus Christ?

    Lord, hear our prayers before we sin that we do not actually to sin. Forgive us, Oh Lord, if we commit sin, by defects and circumstances, before You answer our prayers.

    Lord, unto Your Hands, we wish, as You wish, to end our earthly lives, than to end our poor lives from the hands of the wicked men. Men who are apart from you and belong to other cruel gods.

    Lord, strike us with Your lightings and thunders and the punishing powers of Heaven than to be stricken by bombs, biological weapons and all weapons of mass destructions created by wicked men belong to other evil gods. Lord, it is better to die in Your Hands than to die in the hands of the wicked ones.

    Lord, strike us of Your natural diseases than to be stricken by the man-made diseases created by multinational drug, vaccine companies and those who create diseases for monetary profits. Lord, It is better to die in Your hands than to die in the hands of the wicked ones.

    Lord, strike us with your famine, than to suffer hunger in the Age of Plenty when money is made to be too scarce.

    Lord, give and lend us Your store of wealth, before the bankers lend us their poisonous money with the virus of interest.

    Lord, strike us with natural calamities than to be stricken by the man-made technological calamities made by wicked men for lucrative profits.

    Lord, we beseech thee to end our lives here on earth before we terminate own lives and kill each other.

    Lord, end the lives of the innocent unborn in the wombs before they fall into savage cruelty of abortion.

    Lord, end the lives of children in hunger, starvation, malnutrition and poverty before they die with open eyes and before they are sold for wicked slavery for profits and pleasures unto the hands of the wicked ones.

    Lord, end the lives of the poor families in whatever ways according to Your will before these families destroy themselves by suicide, by selling their children and become beggars roaming around without dignity in the countryside.

    Lord, end this earthly world before wicked men end it.

    Lord, come now before other evil gods come to take over us.

    Lord, show us that You are God and Father of your good children and creatures.

    Lord, hear our prayers to bring us to the next world where You reign forever and ever.

    Amen.

  • Kevin

    James

    It’s called ethanol and ADM has been doing it for some time. The energy input in farming equipment (tractors and the like) coupled with the heat needed for distillation makes it a net looser requiring it being subsidized by government.

    If oil can climb and stay high it’s biggest rival is Natural Gas.

  • Eric V.Encina

    MAJOR COMPELLING REASONS WHY GET RID THE BANKING CARTEL IN THE 21ST CENTURY.

    By Eric V. Encina

    1. Chains of Debts. Billions of people are chained up to vicious cycles of debt in 100 nations on earth with hundreds of billions to trillions of dollars and other currencies of lucrative profits alone annually for the banking and financial institutions from lending money at interest to individuals, families, homeowners, communities and companies. – Billions For The Bankers – Debts For The People The Real …,

    2. Chains of Debts of Nations. More than 94 nations on earth addictively and horrendously chained up to vicious cycles of irredeemable debts at compounding interest payments with hundreds of billions to trillions of dollars and other currencies of mega-profits annually for the commercial, private, foreign and international banking and financial institutions. – TRILLIONS FOR THE BANKERS AS BANKING ARITHMETIC OF…, List of sovereign states by public debt – Wikipedia, the free …, List of countries by external debt – Wikipedia, the free …, The World’s Biggest Debtor Nations – CNBC, List of National Debt by Country — Economics Blog. These countries are under debt borrowings at interest addicts ~ List of countries by external debt – Wikipedia, the free encyclopedia,en.wikipedia.org/wiki/List_of_countries_by_external_debt, CIA – The World Factbook — Country Comparison :: Debt – external, https://www.cia.gov/library/…/the-world…/2079rank.html, The Scale of theDebt Crisis — Global Issues, http://www.globalissues.org/article/30/the-scale-of-the-debt-crisis, Global Debt and Third World Development,www.mtholyoke.edu/acad/intrel/globdebt.htm. However, there are only 5 nations on earth that are debt-free-based economy. – China, Taiwan, Hong Kong, Singapore and Brunei. – THE LIST OF DEBT-FREE NATIONS ON EARTH by Eric V. …
    In the United States of America, the American people are grappling to tackle the sheer insanity of huge indebtedness of the American Government.U.S. Debt From $13T to $14T in 6 Months, Hugely indebted nation-addicts are being led by the United States of America- U.S. National Debt Clock, US$53 TRILLION American Total Debt: US$2.5 Billion…. CAN WE SURVIVE THE AFTERMATH OF DEBT FINANCE DISASTER CAPITALISM?

    http://www.youtube.com/user/Darealbruce#p/a/f/1/1gKX9TWRyfs

    http://www.usdebtclock.org/about.html

    http://www.usdebtclock.org/index.html

    http://www.usdebtclock.org/money-history/money-timeline1100-1791.html

    3. The viral mutation of usury and interest as a secondary weapon of mass destruction. UNIVERSAL DEBT & USURY HOLOCAUST, Usury is the outcome of debt-based money creation out of nothing. The very nature of usury is addictively compounding interest payments. Its nature is analogous to leeching and sucking bloods until the hosts are dead. Billions of people across the planet are chained up in usury up 30 to 100 times more than the amounts they have borrowed from the financial and banking institutions.- Interest – Wikipedia, the free encyclopedia,Usury – Wikipedia, the free encyclopedia, The money being lent on usury or at interest that is presently beyond logical and morality by the money lenders, and the inevitable willingness of the borrowers are inter-twining manifestation or indication of money addiction. It is said that nothing is more shameful than usury. But likewise nothing is also shameful than to borrow money at usury. Under the present money-poisoning environment, it is unfortunate that both the lender and the borrower are debt-money-addict. And this borrowing-lending at usury is perpetuated by the system of debt finance that mainly causes money addiction. It is not a figment of imagination when we think billions, to hundreds of billions to trillions of money are paid as interest to the system of debt finance. In USA alone, the interest payments are mentally-defying and mind-boggling, please take a look United States public debt – Wikipedia, the free encyclopedia, debtCrisis.html. All wealth is now sucked out and siphoned off by the very nature of usury arising from debt finance money system. The philosophy of charging interest or usury to loans is also shaping the new generations to create criminal bands of modern merciless usurers in the 21st century. The debt and usury finance brainwashes, mind-conditions and trains the young generations to become highly professional usurers without any regards to human life. History repeats itself. Any civilization collapses through usury.
    3. Taxes. Citizens of the world are skinned alive to death by all kinds of taxes. Taxes are a legalized robbery being perpetuated under debt finance and usury system and policies. Increasing taxes by legislation is the result of debt finance and usury of many nations. In the Philippines, we have so many kinds of over-burdening taxes being imposed more frequently : – List of Taxes in the Philippines:

    Capital Gains Tax
    Donor’s Tax
    Income Tax
    Value Added Tax (VAT)
    Expanded Withholding Tax
    Withholding Tax on Government Money Payments
    Documentary Stamp Tax
    Estate Tax
    Percentage Tax
    Withholding Tax on Compensation
    Final Withholding Tax

    In the United States of America, as we can see below are worse of taxation. Americans are enslaved by so many over-burdening taxes of the following below: Taxation in the United States – Wikipedia, the free encyclopedia

    Building Permit Tax
    CDL License Tax
    Cigarette Tax
    Corporate Income ! Tax
    Dog License Tax
    Federal Income Tax (Fed)
    Federal Unemployment Tax (FU TA)
    Fishing License Tax
    Food License Tax
    Fuel Permit Tax
    Gasoline Tax
    Hunting License Tax
    Inheritance Tax
    Inventory Tax
    IRS Interest Charges (tax on top of tax)
    IRS Penalties(tax on top of tax)
    Liquor Tax
    Luxury Tax
    Marriage License Tax
    Medicare Tax
    Property Tax
    Real Estate Tax
    Service charge taxes
    Social Security Tax
    Road Usage Tax (Truckers)
    Sales Taxes
    Recreational Vehicle Tax
    School Tax
    State Income Tax
    State Unemployment Tax (SUTA)
    Telephone Federal Excise Tax
    Telephone Federal Universal Service Fee Tax
    Telephone Federal, State and Local Surcharge Tax
    Telephone Minimum Usage Surcharge Tax
    Telephone Recurring and Non-recurring Charges Tax
    Telephone State and Local Tax
    Telephone Usage Charge Tax
    Utility Tax
    Vehicle License Registration Tax
    Vehicle Sales Tax
    Watercraft Registration Tax
    Well Permit Tax
    Workers Compensation Tax

    DEATH TAX. We have to pay taxes when death comes around. Do we need to pay it in advance or after?

    SUICIDE TAX. Anyone who contemplates or commits suicide must pay taxes before the commission of self-termination.

    The Tax rates around the world – Wikipedia, the free encyclopedia – are adroitly orchestrated and maneuvered by the global bankers and usurers. 40% to 60% of taxes all over the world are going to pay compounded usury rates interest to bankers.

    Another Global Super Tax is one the way orchestrated by the global mega bankers.

    Proposed Global Taxes as per below: – United Nations Proposes Global Taxes, The WHO Global Tax Proposals

    1. E-mail tax. Global taxation zealots smell a powerful opportunity in the Internet. Under their plan, e-mail users would pay a tax of about $.01 for each megabyte of data that they send, generating up to $150 billion per year. While advocates admit that such a tax would discourage the use of e-mail, interfere with the least-regulated communications forum and economic marketplace in the world and be “complex and technically difficult” to administer, they are unable to resist raiding what they see as an untapped pot of gold. The tax, they say, would “raise funds that would be spent to narrow the ‘digital divide’ between rich and poor” nations.

    2. A tax on fossil fuels like gasoline, coal, oil and natural gas. This plan, usually called a Carbon Tax, would drive up the price of gas for cars and trucks, home heating fuels, plastics, and countless other products. Proponents argue that such a tax would combat global warming by discouraging the use of fossil fuels while the revenue from such a tax could be redistributed to poorer nations. One U.N. paper suggested that such a tax would yield $125 billion per year with U.S. taxpayers stuck for more than $25 billion of that tab. But even supporters acknowledge that the modest tax that they would initially propose would not reduce greenhouse gasses or even slow the use of fossil fuels. In order to achieve that policy goal, the tax rate would have to be very high — enough to generate $750 billion per year, of which U.S. taxpayers would pay more $150 billion.

    3. Currency transaction tax (CTT). Each year, nearly $300 trillion is exchanged on open markets around the world. Dollars are sold for British Pounds. Japanese Yen are converted to Euros. Major international banks, many of them based in the United States, Great Britain and the Far East, conduct and manage these transactions. Advocates of the CTT, which was originally devised by a French economist, want to impose a tax of around .1% on each transaction. According to the United Nations, such a tax would generate up to $264 billion per year. Proponents also want the tax plan to mandate that the proceeds go to a global fund which “would redistribute tax revenue away from financial center countries in favor of low-income nations.” In order to make the tax more palatable at first, a U.N. paper suggests that the tax might start at “an extremely low rate” and be increased incrementally over time. The CTT would likely increase the cost of nearly every good shipped or traded internationally — including just about every consumer product in today’s economy: cars, toys, electronics, food and more. It would also hamper the free exchange of currency on world markets and possibly spawn a “black market” for money trading.

    3. International air transport tax. Under this scheme, a new tax would be levied on all international cargo and passenger flights to be paid by airlines. Supporters say “air transport of passengers and cargo [is] a key source of environmental pollution due to emissions and noise.” This tax, they believe, would force the airlines (ultimately, their passengers and shippers) to pay for polluting the skies while providing money to the United Nations. According to one estimate, an international transport tax would generate $2.2 billion per year. Though supporters concede that the tax would have a harmful effect on tourism and the world economy at-large, the benefits to the environment and the cash it would generate, outweigh those negative consequences, they say. They don’t address the proposal’s inherent contradiction. Namely, that by increasing the cost of international air transport, whether of goods or passengers, this tax proposal discourages the kind of globalization that the tax is meant to spur.

    4. Aviation Fuel Tax. Very similar to the air transport tax, this plan would place a levy on airline fuel costs and would yield around $12.5 billion per year. In addition to having the same harmful effects as the air transport tax, this scheme would also jeopardize the already vulnerable airline industry and add at least 5 percent to the cost of airline tickets. Proponents, however, see this proposal as an important step to get the global taxation movement started. One supporting organization writes, the tax “might be a low-profile precedent for later, more ambitious tax plans.”

    Possible total global annual tax collections all over the world of more than 100 nations on earth are around $400 Trillion in value equivalent. Higher percentage of these taxes are paid as interest payments and or bailed out to the private and international bankers in general.

    4. Scam – Racketeering – Ponzi Scheme in any of this type is also the creation of the bankers. The Present Banking System is the mother and synthesis of all scams, racketeering and ponzi schemes in the world today. THE CONTROL OF MONEY AND SCAM. This is usually and oftentimes a financial scam that is a ploy, a trick and or a fraudulent business operations for financial gains. The governments of today are engaged in Ponzi scheme. World-known American Wall Street swindler Bernard Madoffsaid that the US Government’s regulatory reform enacted following the National Crisis is laughable, and the whole Federal Government is a Ponzi Scheme. Madoff calls U.S. government a Ponzi scheme in new interview, Bernie Madoff: ‘I am a good person’

    There are different types of scams.

    Here are some of the largest and most successful investment scams: – Investment Scams:Different Types Of Scams

    · Ponzi Scheme – A type of pyramid scheme, this is where money from new investors is used to provide a return to previous investors. The scheme collapses when money owed to previous investors is greater than the money that can be raised from new ones. Ponzi schemes always collapse eventually.

    · Pump and Dump – A highly illegal practice where a small group of informed people buy a stock before they recommend it to thousands of investors. The result is a quick spike in stock price followed by an equally fast downfall. The perpetrators who bought the stock early sell off when the price peaks at a huge profit. Most pump and dump schemes recommend companies that are over-the-counter bulletin board (OTCBB) and have a smallfloat. Small companies are more volatile and it’s easier to manipulate a stock when there’s little or no information available about the company. There is also a variation of this scam called the “short and distort.” Instead of spreading positive news, fraudsters use a smear campaign and attempt to drive the stock price down. Profit is then made by short selling.

    · Off Shore Investing – These are becoming one of the more popular scams to trap U.S. and Canadian investors. Conflicting time zones, differing currencies, and the high costs of international telephone calls made it difficult for fraudsters to prey on North American residents. The Internet has eroded these barriers. Be all the more cautious when considering an investment opportunity originating in another country. It’s extremely difficult for your local law enforcement agencies to investigate and prosecute foreign nationals.

    · Prime Bank – This term usually describes the top 50 banks (or thereabouts) in the world. Prime banks trade high quality and low risk instruments such as world paper, International Monetary Fund bonds, and Federal Reserve notes. You should be very wary when you hear this term–it is often used by fraudsters looking to lend legitimacy to their cause. Prime bank programs often claim investors’ funds will be used to purchase and trade “prime bank” financial instruments for huge gains. Unfortunately these “prime bank” instruments often never exist and people lose all of their money.

    Federal Reserve banking system scam

    The Secret Banking System Scam – Secret Banking System Scam by the
    The fractional reserve banking system scam – Discussion and …
    Fractional Reserve Banking System Is A Fraud | Daily News Blog
    THE BIGGEST SCAM IN HISTORY

    Racketeering is almost synonymous in operation. Racketeering is the act of operating an illegal business or scheme in order to make a profit, perpetrated by a structured group. It is a broad category of criminal acts that includes bribery, sexual exploitation of children, and illegal gambling, among many others. Racketeering is closely associated with organized crime, since both are conducted by groups. Scammers and Racketeers who practice and are engaged in these criminal activities are addicted to money and wealth obtained by immoral and illegal routes.

    “I SHALL PASS THROUGH THIS WORLD BUT ONCE. ANY GOOD THEREFORE THAT I CAN DO OR ANY KINDNESS THAT I CAN SHOW, LET ME DO IT NOW. LET ME NOT DEFER OR NEGLECT IT FOR I SHALL NOT PASS THIS WAY AGAIN.”

    Eric V. Encina

  • Michael

    The following is a comment that was submitted by a reader named T. Major….

    When I was a kid in the1970′s, fresh on the heels of nixon putting the final nail in the coffin of a value backed currency, I kept asking why the gov’t was borrowing money when there was nothing to borrow. The dollar is a (faith valued) non-convertible fiat currency. In fact that is why the U.S. gov’t designed it, so they wouldn’t have to borrow from anyone!

    Please step outside of the box for a moment and view it like I did as a child. With an asset backed currency there must be physical gold in place to back currency. With a non-convertible fiat currency (which simply means the currency has nothing of physical value supporting it) the value consists of people (here and abroad) believing it has value. So if you compare the difference between the two should be easy to understand that the U.S. gov’t is not borrowing money from anyone because there’s nothing to borrow. It is ink and paper, that is it!

    The US government is a monopoly of its currency. If they don’t print it there is no money. They tax us to control population, spending power, and who gets the money. The gov’t must run a defecit in order to allow economy to run smoothly. When they don’t inject enough money into economy we end up with a lot of unemployment. Excessive gov’t spending contributes to the hyperinflation we have here now where Americans pay from 100-5000% more for products, service, and health care.

    The gov’t will never go broke, and they do not rely on tax revenues nor do they borrow money from china or any other country to finance this country! In short, they offer bonds to anyone to drain excess reserves and to control the overnight loan interest rates. Technically, the only reason this is done is because it is a law that has absolutely no merit and if china (or any investors) was to stop purchasing the securities the gov’t would simply abolish the law

    The value of US currency is determined by what the gov’t demands private sector must do or sell to obtain it. The more unemployed (welfare, forced involuntary unemployment, etc.), the less value the dollar has. Unemployment equals less output. The true debt, we and future generations will have to pay, is the lost output and depreciated human capital!

    The reason America imports more than they export is because exports are real cost (output and labor) and imports are pure benefit for the system. Basically for the cost of the ink and paper to make dollars, America’s elite can purchase the rest of the worlds products (their output and labor). And they keep printing and printing all they want! The down side to this is the taxpayer’s here obviously don’t enjoy receiving products from all over the world for the price of ink and paper, and the loss of millions of good paying manufacturing jobs. When the US gov’t started forcing outsourcing in the 1960′s they knew this and they lied and said other equally compensating jobs would definitely replace lost jobs! That has never happened!

    Since my childhood I have spoke to a couple economists who are 100% aware of how our U.S. monetary system works. I have asked them why they believe the U.S. gov’t continues to lie to us. They seem to believe that the majority of the gov’t really believes the whole borrowing system to be fact. As for the thousands of economists who also believe the borrowing theory, I suppose they have so much schooling, money, and time invested in the borrowing theory that they have put on blinders and refuse to look at it as a child did!

    I don’t see how one can’t see the truth when you simply understand that there is absolutely nothing to borrow!

    Sincerely yours,

    T. Major

  • http://leveltwo.weebly.com/ Tom

    Please Follow My Blogs and pass the links on to your friends.

    http://americascomingeconomiccrisis.weebly.com/

    http://leveltwo.weebly.com/

    Thanks

  • Dale

    CA WILL FALL AFTER NY. VERY CLOSE TOGETHER BUT NY WILL FALL VERY VERY QUICKLY JUST BEFORE CA GOES UNDER. MASSIVE MIGRATIONS WITHIN THE UNITED STATES WILL OCCUR THIS WINTER AS A UNIMAGINABLE HORRIFIC FAILURE OF THE GRID SYSTEM IN THE NEW ENGLAND AREA. FAR WORSE THAN LAST YEAR. MILLIONS WILL FREEZE IN THEIR CARS, LOG JAMED IN TRAFFIC AS THEIR VEHICHLE SLOWLY RUNS OUT OF GAS AND THE LIFE SUSTAINING HEATER GOES OFF. THIS WILL HAPPEN. I KNOW NOT WHAT THE FALSE FLAG ALERT WILL BE THAT STRIKES NY SO FAST, BUT WHAT I SEE IS A COMPLETE FAILURE OF COMMUNICATIONS, DISTRIBUTION LOGISTICS AND MILITARY STYLE INVASION UNDER SOME FALSE PRETENSES. THE DEADLY WINTER WILL CONTRIBUTE TO THE PANIC. FOREIGN ASSISTANCE WILL BE SOUGHT AND PROVIDED BY THE U.N. CHINA WILL PROBABLY PLAY THE ROLL OF SAVING NY AND REBUILDING BUT IN REALITY THEY WILL OWN IT.
    THE DESTRUCTION AND EVACUATION OF CA WILL BE LESS ORDERLY AND MORE VIOLENT.
    A SORT OF CONTROLLED SPANISH AMERICAN MEXICAN REBELLION. HERE THE CATASTROPHE WILL CENTER AROUND A FOOD AND WATER SHORTAGE. THE WACKO LIBERALS WILL TORCH EVERYTHING IN SIGHT. MIDDLE CLASS AND UPPER CLASS PROPERTIES BOTH RESIDENTIAL AND CORPORATE WILL BE TARGETED.
    THESE ARE MY VIEWS AND OPINIONS BASED ON VISION AND INTUITIVE REASOING.

  • WILLIAM SOWLES

    If I wern’t pushing 70, and sure I could make it through basic, alive, I’d get my commission and join the US Army.

  • WILLIAM SOWLES

    Does Michael Moore tell you that out of his so-called transfer of wealth to the top 400, is false. There has been no transfer of wealth. There has been a creation of wealth. These so-called 400 with their wealth have created the private sector jobs that American workers enjoy. Does Moore tell you that out of the entire US workforce that only 10% are unions? Does Moore tell you that out of that 10%, 90% are government worker unions? Does Moore tell you that most of the ‘big-corporations’ are share-holder owned? That most of those ‘shareholders’ is the government(s) and their pension funds? Has Moore transfered any of his $20,000,000.00 salary to the poor? Soon Moore will discover the 95% tax bracket, like R. Reagan and many others experienced in the 1950’s. Does Moore tell you that out of the 400 most are liberal democrats? Does Moore tell you that the democrat party is the party of the super-rich? Does Moore tell you in France, Germany, Britian, et al, that the rich are the socialists? Does Moore tell you that in the former USSR the rich were the communists? Just because, Moore declares it to be, it does not make it so. And so it goes. Lies only beget more lies. Signed the ‘counter-revolutionary.’

  • European View

    Nothing, absolutely nothing will stop the coming hard years for humankind. For those who survive the huge changes, two significant alterations could prevent similar situations in the future:

    1. Stop breeding like rabbits! We are just too many. Nobody should have the right to have more than two children. We don’t need a growing world population! And don’t listen to rabid preachers and religions who tell you otherwise.

    2. Dump interest and compound interest, or find a viable alternative to halt the need for continuous and exponential growth!

    Making sure that these two fundamentals are adhered to on a global scale, should reduce occurences of war, poverty, hunger and strife to a significant degree.

    Actually, these two fundamentals should be blindingly obvious for everybody. But without a violent and bloody worldwide shakeup people are simply not willing to change their ways.

    We so deserve what’s coming for us because -as a whole, not as individuals- we are just too bloody stupid.

  • http://www.youtube.com/watch?v=wBy_1Dm6e0Y George Delany

    Watch and excerpt from Dance With Destiny called THE ARK
    http://www.youtube.com/watch?v=wBy_1Dm6e0Y

  • http://google julia

    We need to get out of the wars we are invested in first We need to tax the rich as they are not paying their dues like the rest of us. The gasoline powered cars have got to go. We have the natural gas in this country to power gas powered vehicles (providing the oil and car companies don’t prevent this with lobbyists). We have other types of vehicles that use other power sources as well that have already been invented. We may be back to the bartering system before long that was used during the depressions my grandmother spoke of. That would also force the people living off the system to actually work to have something to barter with. The farmers need more moral support- after all we don’t eat without them. The people of the earth are demolishing this planet and quickly. And finally the deficit has got to go. Get some advice from Bill Clinton- he reduced our debt while in office. Our forefathers would roll over in their graves if they could see the U.S.’s condition right now. We could see revolts against our own government if the prices keep rising like they are. I don’t want this and hope the government gets it’s act together before it’s too late. God bless America.

  • Vincent

    I don’t believe it. No one seems to have mentioned the fact that FREE ENERGY is available for everyone who wants it. For example we can run our cars on water giving our vehicles more power than fossil fuels and no polution. We can also have free electricity as well so why doesn’t the Government allow for this to happen? The answer is simple it’s because of the mighty dollar. If we have free energy then there is no money to be be made by the oil companies and the power compsnies. There are people currently using FREE ENERGY but they have been told to keep their mouths shut or risk being bumped off. So there you have it. Free energy has always been available on earth but the mighty dollar just won’t allow it to happen. What we need is a revolution so we can all have it for FREE!

    • tawney

      your a joke ! idiot

    • Yorwos

      This is STUPID. I CANT BELIEVE I HAVE WASTED SO MUCH TIME LOOKING FOR FREE ENERGY CONCEPTS. ITS NOT EXISTING ANYWHERE BUT OUR FANTASIES YET

  • Jon

    Free energy my ass it’s like saying free money. Energy is abundant in the universe infact it is everywhere but it will take some great minds more time. If you are referring to a fuel cell as a savior you are mistaken. Look up the law of conservation. So you take two parts hydrogen one part oxygen and whamm H20 ie water that is really hot and energy is extracted but at a loss. There is always a loss look at your pay stub. Where did the hydrogen and water come from in any quantity? From water in an electrified electrical loss. Get it you get something at the cost of a bigger something. I hate conspiracy theorist. Half baked scientists.

  • Virginia

    People are not free thinkers in this world. They live according to the way they are told to live even if it totally irresponsible. They do not question authority for fear of reprisal and being abandoned. Most people are puppets and therefore have little control over their destiny. Until we start respecting and encouraging individual thought and action, we are doomed.

  • http://lorraineroth.wordpress.com Lorraine Roth

    I really believe things HAVE to get much worse before they will get better.

    Be prepared for hard times folks !

    • tawney

      you are exactly correct…..but things are going to get really bad to horrible really soon.

  • Mohunch

    I have been telling people for at least two years that they needed to stock up on non-perishable food, water and metals. Those metals are gold, silver and lead. The lead needs to be propelled by gunpowder so you can protect the gold, silver, food and water.

  • HAbook

    Mohunch very funny. Where to invest gold hell. Buy 10000 cans of tuna today and in a year in a half you will triple your money. Oh you might want that food for your self. Dont let Obama know becasue he wants to take everything from you including the OIL companies. Government wants it all. The liberal progressives are evil and dumb.

  • Mark R

    Why would I want to invest in gold? Who’s going to buy it? Rich people? Hardly. There’s only so much jewelery the wealthy can want.

    We can’t eat gold. It’s worthless if we’re all living in shanty towns and tent cities.

  • Mootball

    With all of our ” Intellectual capacity”, It amazes me why the human species could not address this many years, if not decades ago. Now we get to. Silly animal, wanting to burn out like a colony in a petri dish. Yea, what does anyone have to say, Doh! Complacency has brought us to this edge, now how do we deal with the plunge? I have been waiting for this for 20, maybe 30 years? Now everyone gets to follow the same formula that was FORCED down my throat many years ago. Where is your fiat strength now, America? You sold my worth of labor down the river long ago, How will YOU like it when people like me start to make the rules? Because I will. You sold your right to have a say, but I did not. No credit card debt, YOU can LEARN from ME how to survive. Or perish. I do not approve of the corruption that YOU have brought to the fiat currency, I work way too hard, for literally nothing, so I call the play, not anyone else, cause I have NOTHING left to lose.

  • TeZ

    Mohunch: lmfao, I got everything but the gold

  • http://www.angeloffaith@yahoo.com Donna Rogers

    We are in the book of revelation folks. Please see the tab titled Tribulation Chart at my website at http://www.angeloffaith777.com. The world economic collapse is the 3rd seal.

  • http://sicb.info Wake Up American

    Wake Up America before its too late. Judgement day is coming closer each and every day. If anyone wants to know what is truly going on in the world pick up yourself a bible while you are still able to have one. Because there is going to be a time we will not be able to have one.

    God wrote to you everything you will need to know while on our journey on earth. All the answers are in that bible written by Almight God, Creator of Heaven & Earth.

    Its your responsibilty to search for your purpose of what you are doing on this earth. Meanwhile all the answers are in the holy bible from God that is His love letter to you.

    That is who God communicates to the people of earth from His word. God loves each and every person on this earth and does not want anyone to perish.

    God wants to talk with you and you with Him. My prayer is that you will want to have a personal relationship with your Creator who made you now while He is still able to be found. My prayer is that you come to know your Lord Jesus Christ and Almighty God.

    • http://twitter.com/LeafsNation1212 The Beard

      LMAO

  • RDM

    I don’t understand one fact, for centuries currencies were printed and distributed, so the net amount of money that is being held should be constantly increasing. Cash flows from country to country, but it should not be vanishing! Somebody is greedily accumulating all the money without spending, which is stupid, once the money they hold looses value, their savings also loose value. Wait this is a ploy to bring down world currencies equal to their low value currencies, hence they could gain monopoly over global trade and possibly own the entire globe. Wake up, find out where all the money went, whether for cheap products from China or petrol to middle east, that money is with them and they are not spending on purpose, which is intended to destroy world’s giant economies. Reduce the trade traffic, and they will come back to you, then make a deal with them to pay back the accumulated money back to us through trade.

  • http://www.mirandalambertlove.info Miranda Lambert

    It’s coming! I hope you are all prepared. It might be wise to invest in some gold, but honestly food will be a hotter commodity.

  • AnonymousTeenPrepper

    I have seen gas prices rise and fall, it’s a scary thing. I’m doing my best to educate myself and learn how to prep properly.

    The economic collapse and peak oil are inevitable.

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