Have you ever been so poor that you had to live in your car? Have you ever been so low on funds that the only place you could afford to live was a rat-infested motel? Have you ever spent a night living in a tent city or sleeping in the streets? If not, you should consider yourself to be very fortunate. As the recent Black Friday madness demonstrated, there are still lots of Americans that are doing well enough to go on wild shopping sprees, but the reality is that there are also millions of American families that are falling through the "safety net" to a place of total desperation. In a previous article I talked about the fact that the U.S. Census Bureau recently announced that a higher percentage of Americans is living in extreme poverty than has ever been measured before. Not only that, 2.6 million more Americans fell into poverty last year. That was also a new all-time record. As you read this, one out of every seven Americans is on food stamps and one out of every four U.S. children is on food stamps. Tens of millions of American families are living on the edge of desperation. In many communities across the United States, there is so much despair in the air that it is almost tangible. When you look into the eyes of many Americans these days, it almost seems as if all the hope has been sucked right out of their hearts. Economic despair is at epidemic levels, and unfortunately the economy is about to get a whole lot worse.
Did you see the report on families that are living in their cars that Scott Pelley did for 60 Minutes the other night?
If you have not seen it yet, I highly recommend that you take a few minutes to check it out.
At one school in Florida alone, Pelley met 15 children who had been living in their cars.
The following is a brief excerpt from Pelley's report....
This is the home of the Metzger family. Arielle,15. Her brother Austin, 13. Their mother died when they were very young. Their dad, Tom, is a carpenter. And, he's been looking for work ever since Florida's construction industry collapsed. When foreclosure took their house, he bought the truck on Craigslist with his last thousand dollars. Tom's a little camera shy - thought we ought to talk to the kids - and it didn't take long to see why.
Pelley: How long have you been living in this truck?
Arielle Metzger: About five months.
Pelley: What's that like?
Arielle Metzger: It's an adventure.
Austin Metzger: That's how we see it.
Pelley: When kids at school ask you where you live, what do you tell 'em?
Austin Metzger: When they see the truck they ask me if I live in it, and when I hesitate they kinda realize. And they say they won't tell anybody.
You can view the entire 60 Minutes report below....
Did you ever think that this would happen to America?
What makes things even sadder is that there are millions upon millions of empty homes right now in the United States.
Millions of American families have been foreclosed upon in recent years and home prices keep falling with no end in sight.
In fact, today it was reported that home prices are now the lowest that they have been in eight years.
So why aren't people renting or buying more homes?
Well, the truth is that you can't afford a mortgage payment or a rent payment if you don't have a decent job.
When someone can't find a good job, then none of the other economic statistics that many of us love to talk about so much really matter.
That is why I write about what is happening to American jobs so often. Today, big corporations are shipping as many jobs as they can out of the country. An average of 23 manufacturing facilities were shut down every single day in the United States last year. Even though our population is rapidly increasing, there are 10 percent fewer middle income jobs in the U.S. today than there were a decade ago. Until this trend gets reversed, the number of American families living in their vehicles is only going to increase.
Unfortunately, the U.S. economy is about to get even worse.
Today, it was announced that American Airlines has filed for bankruptcy. Sadly, there will be many more companies filing for bankruptcy during the upcoming economic downturn.
As I wrote about yesterday, we really are on the verge of a major league collapse of the financial system in Europe.
Jim Cramer of CNBC says that because of what is happening in Europe, the global financial system is at "DEFCON 3, two stages from a financial collapse that is so huge it's hard to get your mind around."
Unfortunately, Jim Cramer is not exaggerating. The global economy is heading for a massive amount of trouble if something dramatic is not done immediately.
This is not a drill. Bert Van Roosebeke, an economist with the Center for European Policy, recently made the following statement about the cold, hard reality now facing Europe....
"We're actually really running out of money"
Back during the early 1930s, the flow of credit was greatly restricted and that was one of the primary causes of the Great Depression. Back in 2008, another massive credit crunch just about brought the financial world to its knees.
Well, now it is starting to happen again. A nightmarish credit crunch has already begun in Europe, and nobody seems to have any answers about how to stop it.
The following comes from an article in the New York Times....
From global airlines and shipping giants to small manufacturers, all kinds of companies are feeling the strain as European banks pull back on lending in an effort to hoard capital and shore up their balance sheets.
The result is a credit squeeze for companies from Berlin to Beijing, edging the world economy toward another slump.
When there is a credit crunch of this magnitude, it causes the money supply to start to shrink. This is already happening all over Europe as a recent article in the Telegraph noted....
All key measures of the money supply in the eurozone contracted in October with drastic falls across parts of southern Europe, raising the risk of severe recession over coming months.
Right now, we are seeing the money supply in each of the "PIIGS" nations fall at a staggering rate. The following comes from the same Telegraph article referenced above....
Simon Ward from Henderson Global Investors said "narrow" M1 money – which includes cash and overnight deposits, and signals short-term spending plans – shows an alarming split between North and South.
While real M1 deposits are still holding up in the German bloc, the rate of fall over the last six months (annualised) has been 20.7pc in Greece, 16.3pc in Portugal, 11.8pc in Ireland, and 8.1pc in Spain, and 6.7pc in Italy. The pace of decline in Italy has been accelerating, partly due to capital flight. "This rate of contraction is greater than in early 2008 and implies an even deeper recession, both for Italy and the whole periphery," said Mr Ward.
Those numbers are really, really bad.
But instead of doing something to prepare for the coming economic crisis, members of the U.S. Congress are focused on stripping even more of our liberties and freedoms away from us.
As I wrote about yesterday, a new law (S. 1867) is being pushed through the U.S. Senate that is extremely frightening.
If this bill becomes a law, the United States of America would officially become part of the "battlefield" in the war on terror, and any American citizen could easily be flagged as a "potential terrorist".
Once identified as a "potential terrorist", the U.S. military would be able to arrest you, take you to a foreign prison and detain you for the rest of your life without ever having to charge you with anything.
What in the world is happening to America?
Unfortunately, as the economy gets even worse civil unrest in this country is going to intensify and the thin veneer of civilization that we all take for granted is going to start to disappear.
In response to the coming civil unrest, the U.S. Congress will try to pass laws that will be even more repressive than S. 1867.
Our nation has entered a downward spiral and things are going to become very frightening if this thing is not turned around.
So what do all of you see happening as we get ready to enter 2012? Please feel free to leave a comment with your opinion below....
Throw in the fact that the party not ‘in power’ now practices total obstruction (virtual treason) and yes, we are in a very dangerous place.
http://inflation.us/images/nialogo.jpg>
The Federal Reserve along with the European Central Bank, Bank of Canada, Bank of Japan, Bank of England, and the Swiss National Bank are all lowering their U.S. dollar swap rates by 50 basis points! This is going to create massive worldwide monetary inflation and flood the world with U.S. dollars!
The Fed claims that these coordinated actions will enhance their capacity to provide liquidity support to the global financial system in order to “ease strains in financial markets and thereby mitigate the effects of such strains on the supply of credit to households and businesses and so help foster economic activity.”
It was also announced this morning that arrangements have been made to establish temporary bilateral liquidity swap arrangements so that liquidity can be provided in each jurisdiction in any of their currencies should market conditions so warrant. Although the Fed said, “there is no need to offer liquidity in non-domestic currencies other than the U.S. dollar” at this time, the stage is now set to create massive worldwide monetary inflation in other fiat currencies as well. The whole entire global fiat currency system could soon come to an end. The only solution to the upcoming hyperinflationary crisis will be a global digital gold backed currency.
NIA believes China will soon announce that they have dramatically increased their gold holdings to backup their rapidly growing foreign currency reserves, which have now reached $3.2 trillion. China’s central bank just announced this morning that they are lowering their reserve requirement ratio by 50 basis points to 21% from 21.5%!
NIA
I think you’re right about the upcoming hyper-inflationary crisis.
A sudden economic collapse can only happen when the law is obeyed and markets are free.
Hyper-inflation is the only thing that can’t be gotten around by breaking the law so it is the only thing that can cause an economic collapse. Debt can easily be transferred to innocent suckers and there are billions of them who will continue to work and pay and suffer for as long as they can.
folks really need to research hyperinflation, for example prices of foods will sky rocket just say a loaf of bread will be 10.00 and the dollar is now worth 50 cents or less, each day or hour the dollar will flux, but lower, usually. You will have to carry a bundle of money to pay for a loaf of bread, just like in the Great Depression, a wheel barrel full of money to buy a loaf of bread.
liberranter
Your comments are very harsh, but disturbingly true. These will be the same type of people that will be knocking on our doors with those sad, puppy dog eyes looking for hand outs. While I do believe we should help people when the collapse happens, I believe there is going to be a large amount of sheeple who will have their hands out, people who were oblivious to what was going on, didn’t care, and just kept living irresponsibly. I agree, that too many people are consuming too much material, chines made junk and not being responsible with their resources(money) and are living the credit lifestyle. I have said it before and it is worth repeating. I believe these type of people are the ones that will quickly turn to violence to get whatever they need without a second thought when the credit runs out and they have no money to buy food. I hear many people on websites talk about the zombies after the financial collapse. Well, these may in fact be those zombies that they are speaking of, along with all those who feel they are entitled to government help, and then there are those who have not prepared, but say they have guns and will take whatever they need.
I pray that we never see a Mad Max scenario in this nation, but I do believe the big cities will experience a Mad Max scenario. Let us not forget the LA riots, and all those who felt “entitled” to loot and burn down buildings and harm anyone that crossed their path with ABSOULUTELY no regard whatsoever for the law, both Gods law and the state law. Picture the LA riots, but in every large city across America. I beleieve this is what we are to expect should the US economy falter, hyperinflation, no food, no water, no gas, no electricity, etc. One reason, as Michael has pointed out in his articles, the huge amount of people recieving government assistance. What would happen if that all of a sudden just stop?
Without intending to sound presumptuous the plain fact of the entire matter is that the rich have declared war, not only on the poor, but all the rest of us. Of course, this war has always been present throughout history; however, the current expanse of the wealthy’s attack on everyone has surpassed any of their previous efforts throughout history. It’s a logical step when one understands the global resource situation – there just isn’t as much left of anything as there was say, one hundred years ago. So far, the wealthy are winning and winning big. The results of their continuing assaults are truly breathtaking: Real estate, one of the few reliable areas of assets for regular folks, has been gutted and rendered worthless. The stock market and bonds are subjected to the repeated onslaughts of the financial terrorists and if you aren’t ‘one of the boys’ you stand a much more than even chance of losing anything you have invested there. Banks have become a joke. Led by insiders like Hank the Yank Paulson, our banks have managed to steal almost half of our wealth and the cynical part of this fact is they want MORE. It is not safe to place your money in any of them save for perhaps, credit unions. But be warned – ANYWHERE we place our remaining wealth will be assaulted by the elites. That they want us impoverished and subsequently more desperate pliable is an understatement. They have set up the global chessboard in their favor and thus far, most of their moves have been effective with far reaching consequences. The law? Does anyone trust the rule of law anymore? Thinking about starting a business? Think again. Beginning with Reagan, enhanced by Clinton and implemented by Bunnypants Bush, small businesses have been under concerted assault by not only the government, but by the zillionaires as well. Mom and Pops (businesses of fifty people or less) are one of their greatest fears and biggest targets. War? Oh, we’ll definitely get more of that. It’s a big distraction initially and the creation of enemies is crucial to the elites implementing their policies. They take our kids, sisters, brothers, moms and dads and send them somewhere over the rainbow to kill people just like us. America does retain one significant industrial capacity – it creates global damage on a global scale. I could go on; but the truth of the matter is that they’ve infested almost every aspect of our lives with their brutality, lust and greed. In case you haven’t noticed yet – it hasn’t been capitalism for a long time now. It’s something, but definitely NOT capitalism. It’s become more like a smash hard, grab and retreat behind the walls of “The Law” kind of practice and the only thing capital is involved in is the process of theft. When they run their larcenous scams on you, they invariably end the process with, “Go ahead. Sue us.” Yeah, right. I don’t know where it’s going, but I have a good vision of where I’d like it to go. Stay aware – Greed NEVER sleeps! show less
There are $238,000,000,000 in church buildings in this nation. They sit empty 164 out of 168 hours a week, and are called, “God’s House”. I can assure you that is not what God calls them.
Yup. Totally agree.
Hi there. You clearly don’t live next door to a church. Most churches are used throughout the week for a wide array of programs and events.
OK
What does God call them?
I live across the street from a church and your claim that the buidlings are unused the vast majority of the time is nonsense.
They have many activities for at risk children of all ages. These involve sports, recreation and bible study along with a good meal at every event in case the kids don’t eat well at home.
They are always looking for ways to help the community and have a garden and orchard to provide nutritional food for the poorest congregationalists, a used clothing exchange, food distribution to ANY hungry people they find anywhere in the neighborhood, donated gifts sent around the world for Christmas and etc etc.
They are reaching out and helping on every level.
I have to agree most of the churches are used daily.
Things will not get any better. We are simply running out of resources, all over the world. When I read Limits to Growth in the early 1970′s, it seemed reasonable and logical, but our leaders all these years completely ignored the truth that this book told us……….that the earth and its resources are finite, and we are growing population numbers exponentially, and at some point we will get to the point of collapse as our economy will have to contract. And so we now face what some communities, in some regions, faced throughout history, but this time it will be worldwide and there are no other places to run to.
Sorry but you’re just plain wrong. Don’t believe everything you hear and read. Some people have agendas and lie believe it or not.
The Earth and it’s resources are not finite – ever heard of seed, water evaporation and precipitation? How about domestication of cattle, poultry, pigs, etc.? Even oil is not finite – not many people know that. The Earth fabricates oil. Oil companies now know that to be true after the BP Gulf of Mexico disaster although of course they will never admit it.
Running out of land? Get a grip. Go for an airplane ride and get a window seat.
Commodity speculation, governmental tyranny, Central Banker crime, etc. are finite though – one day all of that will come to a bloody end.
@Lennie.. Do you ride around on unicorns in your fantasy land too?
Does oil precipitate after it is burned? Oil Rain to replenish the oil streams? No? What does the earth make oil out of? Is the earth then shrinking since it is making oil out of non renewable materials?
Did you know that there is a difference between arable land and non arable? Do you think we need more land simply for people to stand around on, or to produce food?
As you drool and gaze out the window of your airplane, ask yourself how you might get the unicorns to sprinkle magic water dust on all that empty land out there..
To correct your thinking on non-arable land – go for an airplane ride over Israel’s arid land and don’t forget to ask for a window seat.
Even if it were impossible to turn non-arable land into arable land, (there are very effective desalinization methods now) technology exists to sufficiently increase the level of the production of food on existing arable land to easily feed the World’s population even if it were to double, triple, quadruple or more. That technology is not used because economic freedom does not exist for billions of people the world over to earn enough to pay for the amount, type, and quality of food that they would prefer. If these people could afford to buy the food, food producers would already have doubled, tripled, or whatever their food production to serve their customers.
The point being that just about all of the “shortages” in the World are political – caused by selfishness and fear of losing the position of abuser and becoming the abused.
Haiti is the perfect example. With all of the aid that has been sent there, the situation of the people has remained pretty much the same and will until the political situation changes.
Also, undoubtedly there will be new technological discoveries in the future that will put an end to any concerns of feeding the World’s population no matter how large it becomes.
And don’t forget that the population numbers of many countries are shrinking – it is not a foregone conclusion as many automatically believe due to past history, that the population of the World will continue to grow.
As far as you believing the claim I made about the Earth producing oil – you would either have to either be introduced to the people in the oil industry that I know, or wait until it becomes public knowledge – it is a new discovery and there is not much I can tell you that will convince you. I will say that it doesn’t occur everywhere – obviously some oil wells have been pumped dry. I can only assure you that I do not make factual statements and claims that are not true.
At one time, most people thought the world was flat. If I had been alive then, I would not have been one of those people unless that claim could have been proven to me – how bout you?
Don’t forget to fly over Israel. I would do it soon while that opportunity still exists.
I wish I had a car to live in – this cardboard box under the freeway overpass really sucks!
You’re under a freeway overpass?? I’m out here in the open. Wish I had your life.
Regardless of the cause for these situations it’s not the childrens fault. Whether parents have to clean up after their kids, (or show up in court for their actions), there is always going to be situations where the more mature have to step up to the mistakes of others. Taking out frustrations on the poor is never the right action.
And yet the stock market roars higher….This doom talk is just that, talk
you can thank
georgesblogforum.wordpress.com/2011/11/02/the-daily-climb-2/
for humping yer stuff, the truth..if they read it, and still don’t believe whats to come, they aren’t human, or just totally void of empathy…i hope ya get a million reads..gud peace
Buy a Crossbow. Practice daily. Learn how to make a fire without a match. Learn how to hunt, fish, garden, and trap.
When the coming collapse hits, drive your car into the mountains until you run out of gas. Establish your perimeter. Plant a garden. Find a water supply. Protect your “property”. it will be all you will ever have.
As times gets worse, the new laws become more And more frightening. yet, “these things must take place.” I keep wondering what will be the catalysts that create the event that changes mankind forever. Political. Economic. Natural disasters. We live in unpresidented times. Something is coming? I say it’s almost here.
Dear Horhey,
This is a link to John Paul Jackson on You Tube. He is saying what you are saying. You should check it out.
America is facing “The Perfect Storm”
http://www.youtube.com/watch?v=5sNnKVl3jAs
This could be completely unrelated to this articles, but I thought to put it up here since this article is the most recent one that coincides with a very peculiar thing: the Dow Jones for the past four hours (going towards five full hours) was relatively unchanged; just barely under 1200, but no major lines up or down. I have never seen this in my life! Someone is manipulating the stock market and preventing it from having any substantial fluctuation. What are the chances that it is an almost straight line for four hours?
The Federal Reserve (and other central banks) have pledged to make dollars more available to banks worldwide. More heroin for the heroin addicts on Wall Street. That’s why there was an almost 400 point rise in the Dow.
“The global economy is heading for a massive amount of trouble if something dramatic is not done immediately.” Tell me what we can do?!
These kids look very healthy, clean, and fed. I bet their relationships are better since they are not watching TV all day and playing video games. I bet they love reading and doing outdoor activities. I bet they appreciate each other more. Let’s see, anything else that normal kids should be doing? Let’s start a list.
Syrin, Boeing and the Union have apparently kissed and made-up! Today, Boeing has announced a tentative agreement with the union out in Puget Sound which,if approved by the members, will assure the new 737 MAX will be produced beside the 737 NextGen at Renton. Furthermore, the union will drop its suit against Boeing for building its’ new 787 Plant in SC. The Union honcho out in Puget Sound is apparently elated with the agreement! Go to Boeing.com to read the news release, or to the Seattle Times to read their article.
amerikaka = junk food ^ junk jobs ^ junk politics ^ junk medical HAHAHA UUURRR THE LAUGHING STOCK OF THE WORLD
Well, Thank you genuis. I am so glad you set us straight.
I would rather be a laughing stock… then a laughing idiot as yourself.
Compare the current state of affairs with this:
http://www.youtube.com/watch?v=644XtsFKqLo&feature=related
Now fast forward to the 21th century. People would not have believed you in the 50s when you told them today’s situation.
I would like to see an organized effort to identify the Homeless and then try to recruit on volunteer basis 30 families who are employed willing to donate 25 dollars a month to maintain
this family. This would save them and they could
do chores for these supporters. $750.00 is better then zero, this repeated over and over
could take a lot of the homeless families out of total futility. It would take a committee to iron out the details to make this work but it could be done with charitable hearts. Churches could get involved and prove their worth.
I kinda like that idea
Truely sad.
The quest for a quick fix to this problem will not be forthcoming, however. The Government is not capable of creating jobs unless it directly in indirectly steals from others to pay someone’s wages. This is a zero net sum solution — less government inefficiencies, of course.
“Back during the early 1930s, the flow of credit was greatly restricted and that was one of the primary causes of the Great Depression.” Unfortunately, this misunderstanding still prevails. What never seems to be understood is that the creation of elastic (non-commodity money — gold) money in the early 1900′s through fiat money and fractional-reserve banking practices thereafter. As a result of a decade of money and debt creation it left our economy overloaded with debt. That debt came to a boiling point that caused the ’29 crash and depression of the ’30′s. Not “not enough money”.
Money does not create demand — people do. Money only sits there and gets moldy. Demand is only there when people can and want to spend money on something. If people think they need to save or pay down debt then they don’t purchase. When they don’t spend, other people get laid-off. When these people don’t have money, they don’t spend and the debt structure starts to collapse and it needs to find a bottom where debt is finally settled.
This process is caused by fiat currencies (now worldwide) and fractional-reserve banking. Both of these practices were totally unconstitutional for 150 years. Fractional reserve banking was practiced to varying degrees, but was still technically illegal. This practice of bankers to use fractional reserves caused very small versions of the things we call depressions today. They called these panics then. They were small and shortlived by comparison.
Not having enough M1 is simply not the problem. You could double or triple M1 and all you would get are prices that are double or triple higher. This is called inflation and it is caused by printing fiat currency or fractional-reserve banking money expansion.
Want a fix? Give up on Government money and government banking and government politics and non self-actualizing debt (house and car loans). It is all there for the 1% — not you!
Re: “Micheal, in this one short sentence, you have summed up the biggest threat to American civil liberties in recorded history. Make no mistake, these “laws” are being introduced on the very real premise of civil-unrest that is just around the corner. According to the Southern Poverty Law Center, anti-government paramilitary groups, more commonly known as “militias”, jumped from 43 in 2007 to over 300 in 2010…”
FYI, BenjiK, the SPLC is a far-left propaganda mill, and should not be trusted as an honest broker. So-called militia paramilitary groups are mostly a figment of their fevered imaginations and paranoia; most preppers are peaceful and seek only to protect themselves and their families. The real danger to our liberties, livelihoods and indeed our very lives, comes from the govvernment and its corrupt cohorts.
Michael,
Hey love the website, all the info you provide. I’m a prep’er but I also work for a fortune 200 company, and study finacials though I work in a highly technical biological field.
I agree with your assessment of the situation, I think we are toast, however, Michael; why is it that you never mention the articles and stories on businesses coming back to people’s republic of Amerika?
I’m heading for China next week to help put a manufactuing line in the country to make products to sell in the Asia Pacific region. We currently make those in the USA but it costs to much in transportation to send and sell in China. We are NOT going to make products in China to sell in the US because again, the high cost of energy.
Also, you don’t mention the growing labor costs in China due to the growing middle class. In my field in particular, you cannot hire and keep a person in China unless you pay big time. So my company is producing products close to the market.
Many other companies are beginning to do this, have you not read the “micro factories” articles. I apologize that I did not provide all the links
Makka:
You make some very good points. They are some businesses that have come back, but they are a very small minority. However, any indication that people are still willing to do business inside the United States is a good sign.
Michael
” … you cannot hire and keep a person in China unless you pay big time.”
Also in Europe there are stories on businesses coming back. An international company is relocating production of electronics from China back to Europe.
Reason: continuous quality problems, after months of training of the Chinese employees these skilled workers left for Chinese owned companies to get more money. So they had to hire new workers, leading to a drop in quality. And again the expenses for training. And when these workers where producing at western quality and efficiency levels, they left as well for greener pastures. This happened to every cohort of workers hired so quality never became stable. And paying higher salaries for the Chinese was not an option as this would destroy the business case for off-shoring to China. Also long transportation lines to Europe meant large inventory costs and obsolete inventories due to technological advancement.
My experience is that quality of Chinese products is below standard. Ultimately this destroys value and the environment. I preferably buy German or Japanese (durable) goods. They last a life time. One of my cars is from 1991 and it still works fine. Same for out television from 1992. I guess, if everybody would do the same, maintain their stuff and repair it instead of buying new, the economy would probably shrink with at least 25%. But for the environment it would be a big plus.
Watching the “60 Minutes” report on homeless children in The Banana Republic of America (the collapsing Third World hellhole that used to be the United States), I felt like I was watching a report on the lives of the underclass in Latin America or the Caribbean. But no, those weren’t families in Bolivia, Guatemala, Jamaica or Paraguay—they were families right here in the BRA. And there are no bailouts for these American families, only hopelessness and bonecrushing poverty. Bailouts are reserved for the criminal banksters, fascists and pseudo-capitalists who caused all of this misery and suffering. But the more desperate the poverty becomes in the BRA, the more violent and crime-plagued the country will become. The prison/industry complex will welcome all this new slave labor, and The White Shoe Boys will live in gated compounds with armed bodyguards…….unless, of course, they want to take a ride on the secuestro express. And as anyone who knows about the kidnapping epidemic in Third World countries can tell you, Third World kidnapper gangs don’t play around with their victims. They’ll cut off a finger or torture the kidnappee in a minute if they think it will speed up the collection process. That doesn’t sound like much fun, does it? But that’s how things are when you live in a Third World hellhole where a tiny minority of pseudo-capitalist fatcats and oligarchs rig the game while the majority barely survive.
“When people lose everything and have nothing left to lose, they lose it.”—Gerald Celente
“When the money stops flowing down to the man on the street, the blood begins to flow in the streets—and the money is not flowing down.”—Gerald Celente
“Fascism has come to America. I’ve said it over and over again: the merger of state and corporate power is called fascism.”—Gerald Celente
Fascism is not capitalism or “rugged individualism” or “free enterprise”; in fact, it is just the opposite, and it crushes its victims without mercy.
Bienvenido al infierno. Bienvenido a La República Banana de América, donde ya no existe la esperanza—solo sufrimiento, lágrimas y dolor. Que dios nos ayude.
American Airlines filing for Bankruptcy? Good! Let every airline fry for not protesting on our behalf all the atrocities perpetrated by TSA. Once all of them are bankrupt then TSA will be out of business (or maybe not if they start handling our highways, ports, train stations, etc.)…
So maybe every American needs to endure the TSA just once more: fly out of America to another less oppressive country asap! I heard Russia is less oppressive. Maybe cross the border into Canada. They still have AAA rating. If you are single, it should not be so hard. If you have a family, sell everything, buy tickets, and get out!!! Senate bill 1867 will become law!
Trying my best to avoid, in the words of the late comedian Chris Farley, “living in a van down by the river!”
I have been lacking with my preps but Still I believe
I’m doing far more than the majority.
I have enough food to feed myself for about 6 months.
Clothing old and new in plenty.
Ability to heat the house with wood & light the house as needed.
Seeds for a limited garden.
Horses for transportation if need be.
Sheep for food if need be.
Dogs for alarm.
guns for protection.
Books for amusement
I realize a collapse would not be the best thing but don’t we need to finally hit bottom before real change can begin?
“This thing is collapsing. You better get ready for the big crash. It’s coming, and it’s going to wipe out a lot of people. There’s no salvaging this Ponzi scheme.”—Gerald Celente
But America don’t have killer drone and all the others.
Why are people living in trucks, in the open spaces?. They can get assistance…. there are thousands of churches, temples, agencies, charities to assist. The government employs hundreds of thousands in this effort and Congress appropriates more and more every year just to take of this burgeoning population, people who cannot take care of themselves.
A man, woman is unemployed…that means they are not working for someone but they can work for themselves. One man had a thousand dollars and bought a truck, what for? Didn’t he have a plan? He had children, doesn’t he have an extended family? No one to help him? I don’t buy these stories.
The USA has sold the world on a continuing bachanalia. Do your own thing, have a snort, dance in the streets, have sex, act like animals. If you have kids, treat them like pets: they can follow after you! We have run our financial affairs just to accomodate this kind of citizen. That is why we are in such difficulty now!
Remember the old tale of the ant and the cricket. The ant, busy building the nest, working to provide for it and then the cricket, chirping, eating until all is gone, doing nothing for other crickets. The ant lives long but the cricket dies in one season!
Most societies believe in charity but we have made it our main business and it is not sustainable. You cannot misappropriate monies for the care of people who do not care and still have wealth to continue life for all. Like all civilizations that tried this, we are going down to defeat with it
At the root of this is trade agreements in which the people making goods cannot afford to consume the goods. The more people in slave neighbor nations that manufacture the less people in the developed world that can afford to purchase these goods without going in debt. The money to supply the debt first comes from the slave labor government that can repress the wages of it’s citizens. The second source is just fiat money creation. In the end the debt cannot be serviced because of insufficient wages remaining in the developed world and insufficient wages from it’s inception in the developing world.
Henry Ford figured it out in the 1920s when he doubled the wages of his employees. He said, “If my workers cannot afford to buy my cars then who can”?
This is not rocket science. Every worker needs a consumer and vice versa.
Karan Bread in the Great Depression was I believe .10 cent a loaf. Please do some research before you post. That was Germany in the 20′s that took a wheelbarrel of money to buy bread not in the USA.
I’ve already decided to leave and move to a particular country in Asia. This was not an easy decision to make.
The US truly is on it’s way down. All empires in history suffered this fate and America cannot escape from history.
Yep I”m also leaving and taking mom with me to Asia.
The economies in that part of the world are doing very well. USA Today just reported that the Middle Class is rising rapidly in all the Nations in Asia. Can’t say the same for America where the middle class is declining rapidly.
Wish the best to you all who’re gonna stick around for the coming Dark Ages in America.
To answer your initial questions. Yes, I spent years living in a number of vans. I’ve slept on the street, and on a few rat infested boats(I could never afford the luxury of a rat infested motel). I count myself very fortunate to have had these experiences. The people who I think are unfortunate are those people running around on black friday spending their money on stuff they really don’t need. They’re going to be in for a very rude awakening when their money won’t buy them a loaf of bread. The deal on the latest x-box game will be the last thing on their minds. Unless of course all of these FEMA camps come equipped with these games, the internet, HD cable, etc.
Our standard of living is so high, I don’t think most people really care whats going on right now, and as long as they can watch their 350 channels of cable narcotics, I really don’t think most will care if they’re watching it from a cell in some detention center either.
@Kris–Doesn’t sound silly at all. I’ve advised my teenage son to learn a profession he can go anywhere in the world to do. I’ve accepted the fact that there might not be anything for him in Amerika. Thank you for your suggestion!
We’re saved! The Dow was up 490 points today! The world’s central bankers have rescued Europe and protected us from the contagion. The talking heads are in rally mode today. Yesterday it was defcon 3. Wonder if they’ll be talking about a depression tomorrow or tremendous global growth. Guess they’ll have to watch the Dow to figure out which hat to wear.
Seriously folks, 490 means nothing.
10/13/’08 Dow up 936
10/15/’08 Dow down 733
10/28/’08 Dow up 889
12/1/ ’08 Dow down 679
The only lasting change due to the Central Bankers’ actions is a permanently weaker dollar.
On an anecdotally personal note, I paid over $21 for 3 pounds of deck screws at Home Depot today.
Dow record gains and losses chart:
http://online.wsj.com/mdc/public/page/2_3047-djia_alltime.html
Oh yes, I have run the gauntlet of economic despair. I lived in my car for about 2 months and the ******* hotels and anyone who has been a regular to this site knows my story so Im not going to bother to go into it all. That time seems like a different world to me now. I have gone to the exact extreme of that now. There is still hope in America. Its a fools hope but theres still a faint glimmer there. Hey did you hear? The bulls were roaring on Wall Street today! Yep 490 points! Oh wait that was just alot of money printing bull****** hoorah! My point is I have been in the hard spots in life. God has blessed me with an awesome job a truck and a chance to pay off bills and debt. Its hard to believe that a year ago I was struggling to find a place to go for the winter besides a seedy hotel and my old beat up car. I sincerely hope that all who are struggling will find a reason to keep on fighting and never give up. Try honestly praying for help from God He will hear you, trust me. Im living proof of second chances. Yes the economy is tough. Yes people are eating out of dumpsters. Yes there are kids living in cars. Hope and despair are two ends of the spectrum. Make your choice people for life is short and the pain is long, but we were put on this earth to help one another. Good luck and God Bless my friends.
Being broke can sometime be the best thing for the soul. It makes you appreciate and become more efficient. Survival is embedded in us and your genetics will kick over. You just need to make sure you have trained your mind. Thats what turned me to SIGMA 3 Survival School Survival School and I’ve been chasing living on the edge since. Being broke will set you free, try it sometime!
Re S.1867 — Strange to see Sen Carl Levin reveal himself to be a fascist. I suppose he’s a dual citizen and can leave the country after he and *************** finish destroying this country.
53% er Your heartless ********************* prick. The same thing is going to happen to you. even if you saved $150 million, because it’s going to be absolutely worthless. Hope your ready for the real meaning of life. It has nothing to do with your career and everything to do with your soul. Get ready to starve to death. I am.
the 53% are fools. They think they will be rich someday. Simple minded dolts and typical conservative selfish pigs. They want to bring people down to their level instead of finding ways to bring everyone up to an acceptable level of living and not just surviving. The private sector is sitting on trillions and record profits. they can easily afford to pay better wages.
I support the OWS 99%
******************************************
your couch potato moment your black Friday sales
I paid for you long enough just keep walking dont look back
Its the money system. A debt and credit based system is subject to the whims of the controllers, those who either lend or print the stuff into existence. Though the “real money” gold and silver system would take some getting used to, it is still the official monetary system of the Constitution and the only viable answer. As long as our wealth is no more than an entry on a on someone’s ledger book, then it is virtual. Many countries are clamoring to buy up as much gold as they can, China and India being some of the greater ones. Why? because of tradition, as Bernanke says? or because they know it is the only genuine storage of wealth. This is the solution and the medicine we must take is to go cold turkey off the addiction of easy money and credit.
Now will be really capitalism, no more soap opera.
Come see us in Ecuador: http://JourneymanJack.com/
Quito is the Capital, right on the Equator, at 9,350 ft. (1.77 miles) above sea level in the heart of the Andes Mountains, where the weather is 50′s in the evening, and 70′s during the day all year round. Valley of Eternal Sprintime! Do not hesitate to contact me for your relocation or exploration needs!
Are you invite us ?
Ecuador is beautiful country, but so far away from us.
Thank you for your invitation.
Come see us in Ecuador:http://JourneymanJack.com/
Quito is the Capital, right on the Equator, at 9,350 ft. (1.77 miles) above sea level in the heart of the Andes Mountains, where the weather is 50′s in the evening, and 70′s during the day all year round. Valley of Eternal Sprintime! Do not hesitate to contact me for your relocation or exploration needs!
i have wrapped my mind around this, now for 4 yrs.i am only speaking for America, the rest of you can hold your leaders feet to the fire, every passport should be relinquished till we find the individuals who caused this, collapse.They should be brought to justice. Absolutely no one is above the LAW,without some laws we would be thrown back to fuel times and killing will be the order of the day.BS we are civilized now,money is nothing more than a rate of exchange.Gold and Silver,all precious stones are WORTH.uNTIL the creator arrives we have to stand FIRM, he hates cowards,only FORETHOUGHT& Kindness will save the human race,OUR CHILDREN ARE WATCHING WE CAN NOT FAIL,GOD HELP US ALL
Find people who are accustomed to being poor and figure out what you can add to their lives with local resources. If you think that anything about the modern world of forever-on electricity, refrigerated houses, or automobiles and stable currency will be maintained when Rome collapses, you are deluded. Gold can’t buy food that isn’t there.
Get your money out of the banks and buy tools, seeds, shoes, medicine and canning supplies.
Soylent Green is people. Just make sure you pickle it well enough to break down the mad cow prions.
USA Has:
Caused Drought – Now they have drought.
Starved Millions – Now millions are starving.
Caused Floods – Now they have floods.
Destroyed Millions of Homes – Now Homes are being destroyed.
Destroyed the Infra-structure
of Many nations. – Now theirs are being destroyed.
Killed Millions – Now they are being killed.
Plundered Nations – Now they are being plundered.
Tortured Millions – Yet to happen in a big way.
Enslaved Millions – Yet to happen in a big way.
God Is Not Mocked
http://www.peterjamesx.com/docs/God%20Is%20Not%20Mocked.htm
You have a typo here:
”
Americans is on food stamps and one our of every four U.S. children is on food stamps”
Our should be Out. Great article, thanks for the work you do.
Thank you for catching that. I try very hard to catch all the mistakes, but obviously I still miss some.
Michael
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there are “secret organizations”that have us right where they put us.not just the U.S.,but the entire globe.think about it,they have us blaming political parties,to divide us,when we all know they are all in bed together.the real movers and shakers are way behind the scenes,mostly,and trust me,their plan is just about to culminate into global government and yes,it really is going to get a whole lot worse real,real soon.but,i have read the end of the Book,and it is happening exactly as fortold.people,what matters now ,is getting right with our creator.every knee will bow,every tounge confess,Jesus Christ is Lord.Merry Christmas to all.
In the CBS piece with the kids living in their father’s truck–I noticed that the dad was able to afford fancy colorful tattoos up his arms and neck–they are expensive indulgences that a responsible person with kids to take care of might have foregone in favor of saving for a “rainy day”.
Most of the people in line in front of me in the grocery store using SNAP/EBT cards also are sporting expensive tattoos, as the use taxpayer money to buy pricey meats and crab and junk foods that I can’t afford, as I pay for my own–and theirs too.
this so called credit crunch comes with interest rates so low that ones loses investing at the place of todays low rates can never be made back to break even..seems just a rip off…compounding to rip off and more rip off….
Amen nnelsosj! I hate it when people like curmy are judgmental about people based on assumptions! Who knows how old the guys tatoos are? He could have gotten them when he was making 80,000.00 dollars a year or more during Florida’s construction boom. Conservatives make me sick! Instead of being concerned about other people, they always want to look at how someone caused their own plight. Perhaps the reason they do this is so they can feel better about not lifting a fingure to help anyone unless it puts money in their own pockets!!! In the end they are self centered.
“thin veneer of civilization will start to disappear”, my my, how proactive of you. That’s probably nonsense lifted out of your active imagination. People will still always be civil with one another, even in times of trouble. What, you think everyone will just lose it all of a sudden & turn on one another? Is this what you’re hoping for? well sorry, but that isn’t going to happen. Instead of pure fear-mongering why don’t you try “being productive” on for size? Or doesn’t it fit?
know what, I won’t just leave you hanging – I’ll show you an example of what it means to be productive. I predict that people will begin to turn to eachother more, for support and comfort, rather than just sit & stare at the T.V. In fact, more & more people can no longer afford cable – that in and of itself will likely lead to more connected urban communities. I see exactly the opposite of what you have so gleefully predicted in your stupid little piece here. who’s right? We shall see.
I predict we will see a big rise in lawlessness. Homeless families will probably “squat” in vacant homes and land.
STOCK UP NOW
When your economy collapses, don’t come to Canada.
I don’t want you losers ********************* up my country.