The Beginning Of The End
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Americans Are Literally Being Worked To Death

Are you constantly tired and do you feel incredibly stressed almost all the time?  Well, that means that there is a really good chance that you are a typical American worker.  Even though our incomes are going down, Americans are spending more time at work than ever before.  In fact, U.S. workers spend more time at work than anyone else in the world.  But it was not always this way.  Back in 1970, the average work week for an American worker was about 35 hours.  Today, it is up to 46 hours.  But there are other major economies around the globe that are doing just fine without burning their workers out.  For example, the average American worker spends 378 more hours working per year than the average German worker does.  Sadly, for many Americans work is not even finished once they leave the office.  According to one recent survey, the average American worker spends an extra seven hours per week on work tasks such as checking emails and answering phone calls after normal work hours have finished.  Other Americans are juggling two or three jobs in a desperate attempt to make ends meet.  Americans are busier than ever and work is often pushing the other areas of our lives on to the back burner.  What this also means is that "family vacations" are becoming increasingly rare in the United States.  In fact, Americans spend less days on vacation than anyone else in the industrialized world.  While some would applaud our "work ethic", the truth is that the fact that we are being overworked is having some very serious consequences.  In fact, as you will see below, Americans are literally being worked to death. (Read More....)

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Ack! They Are Actually Going To Let Greece Default!

I wish that I had an "aha moment" to share with you today, but instead all I have is an "ack moment" to share.  As I was analyzing all of the info coming out of Europe in recent days, I came to the following realization: "Ack! They are actually going to let Greece default!"  The only question is whether it is going to be an orderly default or a disorderly default.  Of course the EU (led by Germany) could save Greece financially if it wanted to.  But Germany has decided against that course of action.  Many in the German government are sick and tired of pouring bailouts into Greece and then watching Greek politicians fail to fully implement the austerity measures that were agreed upon.  At this point a lot of German politicians are talking as if a Greek default is a foregone conclusion.   For example, Michael Fuchs, the deputy leader of Angela Merkel's political party, recently made the following statement: "I don't think that Greece, in its current condition, can be saved."  But that is not entirely accurate.  Greece could be saved, but the Germans don't want to make the deep financial sacrifices necessary to save Greece.  So instead they are going to let Greece default. (Read More....)

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2012 Will Be More Difficult Than 2011

Do you believe that 2012 will be more difficult for the global economy than 2011 was?  Well, that is what German Chancellor Angela Merkel believes.  The woman that has become the most important politician in Europe recently declared that 2012 "will no doubt be more difficult than 2011".  The funny thing is that she has generally been one of the most optimistic public figures in Europe throughout this debt crisis.  But now even Merkel is openly admitting that 2012 is going to be a really, really bad year.  Sadly, most Americans simply do not understand how important Europe is or how interconnected the global financial system has become.  The United States actually has a smaller population and a smaller economy than the EU does.  In fact, the EU has an economy that is nearly as large as the economies of the United States and China combined.  The EU also is home to more Fortune 500 companies that the U.S. is, and the European banking system is far larger than the U.S. banking system.  Anyone that does not believe that a financial collapse in Europe will have a devastating impact on the U.S. economy is living in a fantasy world.  Americans better start paying attention to what is going on over there, because we are about to be broadsided by a massive financial tsunami originating out of Europe. (Read More....)

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North Korea: The Most Bizarre Country On Earth Is Now Even More Unstable

A new era has arrived for North Korea and nobody in the western world really knows exactly what is going to happen next.  Kim Jong-Il is dead, and now control over the most bizarre country on earth has been handed over to 29-year-old Kim Jong-Un.  Many believe that he is even younger than that.  North Korea was already quite unstable while Kim Jong-Il was leading it, and now we have a young man that is going to be eager to "prove himself" to the North Korean hierarchy.  Unfortunately, a lot of young men under the age of 30 don't handle fame and fortune too well, and a lot of them tend to be hot-headed.  Hopefully Kim Jong-Un will turn out to be a reformer that will open up the doors of North Korea, but he could also end up being worse than his father.  We just do not know at this point.  We know that Kim Jong-Un was educated in Switzerland as a boy, we know that he speaks French, English and German, and we know that he is reportedly a fan of the NBA.  Other than that, we just don't know a whole lot about him.  What we do know is that Kim Jong-Un is a product of a totalitarian society that is absolutely obsessed with destroying the United States, and that is a very frightening thing. (Read More....)

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The Coming European Superstate That Germany Plans To Cram Down The Throats Of The Rest Of Europe

A lot of people were puzzled about what German Chancellor Angela Merkel meant when she recently stated that the ultimate solution to the financial crisis in the EU would "mean more Europe, not less Europe".  Well, now we are finding out.  A leaked internal German government memo entitled "The Future of the EU: Required Integration Policy Improvements for the Creation of a Stability Union" actually proposes the creation of a "European Monetary Fund" which would be given the power to run the economies of troubled European nations.  This "stability union" would be quickly followed by the creation of a full-fledged "political union".  Essentially, this leaked memo proposes the creation of a "European Superstate" which will be crammed down the throats of the rest of Europe whether they like it or not.  National sovereignty would be a thing of the past and European bureaucrats would run everything.  Of course this will never be accepted by the people of Europe until they feel the bitter pain of the coming financial collapse, but we are starting to see that there is already a clear plan for what the Germans wish to implement in the aftermath of the coming crisis. (Read More....)

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