The Beginning Of The End
The Beginning Of The End By Michael T. Snyder - Kindle Version

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Don't Buy Survival Food Until You Read This - If you stockpile the wrong foods, you could be setting your family up to starve. It sounds harsh, but the truth is too many people with good intentions are making critical mistakes with their food stockpiles. Watch this video now >>
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Wake Up! 11 Facts That Show That Europe Is Heading Into An Economic Depression

Europe is not just heading into another recession.  The truth is that Europe is heading into a full-blown depression.  The economy of the EU is actually larger than the U.S. economy, and we are watching it melt down right in front of our eyes.  Things just continue to get worse in Europe, and yet somehow the authorities over in Europe just keep insisting that everything is going to be "just fine".  Well, everything is not "just fine" over in Europe right now.  Unemployment in the eurozone has just hit another brand new record high.  In some nations in Europe, the unemployment rate is already significantly higher than anything the United States experienced during the Great Depression of the 1930s.  Europe is a continent that is collapsing under the weight of its own debt, and this is just the beginning.  A lot more pain is on the way.  Officials over in Europe are trying to hold the European financial system together with duct tape and prayers, but it could literally fall apart at any moment.  Europe has a much larger banking system than the United States does, so when a financial collapse happens in Europe, it is going to be very significant for the entire globe.  Sadly, most Americans do not even pay attention to much of anything that is happening in Europe.  They tend to think that the United States is the center of the universe and that as long as we are fine that everything will be okay.  Well, all of those people who are not paying attention need to wake up.  First of all, the U.S. economy is most definitely in decline.  Secondly, the European economy is imploding right in front of our eyes and Europe is going to end up dragging the entire globe down with it. (Read More....)

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Oh Crud! 19 Reasons Why It Is Time To Start Freaking Out About The Global Economy

Yes, it is officially time to start freaking out about the global economy.  The European financial system is falling apart and it is going to go down hard.  If Europe was going to be saved it would have happened by now.  The big money insiders have already pulled their funds from vulnerable positions and they are ready to ride the coming chaos out.   Over the next few months the slow motion train wreck currently unfolding in Europe will continue to play out and things will likely really start really heating up in the fall once summer vacations are over.  Most Americans greatly underestimate how much Europe can affect the global economy.  Europe actually has a larger population than the United States does.  Europe also has a significantly larger economy and a much larger banking system.  The world is more interconnected today than ever before, and a collapse of the financial system in Europe will cause a massive global recession.  Once the global economy slides into another major recession, it is going to take years to recover.  The pain is going to be immense.  Yes, that is going to include the United States.  Sadly, we never recovered from the last recession, and it is frightening to think about how much farther this next recession is going to knock us down. (Read More....)

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27 Statistics About The European Economic Crisis That Are Almost Too Crazy To Believe

The economic crisis in Europe continues to get worse and eventually it is going to unravel into a complete economic nightmare.  All over Europe, national governments have piled up debts that are completely unsustainable.  But whenever they start significantly cutting government spending it results in an economic slowdown.  So politicians in Europe are really caught between a rock and a hard place.  They can't keep racking up these unsustainable debts, but if they continue to cut government spending it is going to push their economies into deep recession and their populations will riot.  Greece is a perfect example of this.  Greece has been going down the austerity road for several years now and they are experiencing a full-blown economic depression, riots have become a way of life in that country and their national budget is still not anywhere close to balanced.  Americans should pay close attention to what is going on in Europe, because this is what it looks like when a debt party ends.  Most of the nations in the eurozone have just started implementing austerity, and yet unemployment in the eurozone is already the highest it has been since the euro was introduced.  It has risen for 10 months in a row and is now up to 10.8 percent.  Sadly, it is going to go even higher.  As economies across Europe slide into recession, that is going to put even more pressure on the European financial system.  Most Americans do not realize this, but the European banking system is absolutely enormous.  It is nearly four times the size that the U.S. banking system is.  When the European banking system crashes (and it will) it is going to reverberate around the globe.  The epicenter of the next great financial crisis is going to be in Europe, and it is getting closer with each passing day. (Read More....)

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