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The Triumph Of Materialism: The Average American Will Spend 830 Dollars On Christmas In 2015

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Christmas Gift - Public DomainHas there ever been a major holiday more focused on materialism than the modern American Christmas?  This year, Americans are planning to spend an average of 830 dollars on Christmas gifts, which represents a jump of 110 dollars over the average of 720 dollars last year.  But have our incomes gone up accordingly?  Of course not.  In fact, real median household income in the United States has been experiencing a steady long-term decline.  So in order to fund all of our Christmas spending, we have got to go into even more debt.  We love to pull out our credit cards and spend money that we do not have on lots of cheap, useless stuff made on the other side of the world by workers making slave labor wages.  We do the same thing year after year, and most of us have grown accustomed to the endless cycle of growing debt.  In fact, one Pew survey found that approximately 70 percent of all Americans believe that “debt is a necessity in their lives”.  But then we have to work our fingers to the bone to try to make the payments on all of that debt, not realizing that debt systematically impoverishes us.  It may be hard to believe, but if you have a single dollar in your pocket and no debt, you have a greater net worth than 25 percent of all Americans.  I know that sounds crazy, but it is true.

Overall, when you add up all forms of debt (consumer, business, local government, state government and federal government), Americans are more than 60 trillion dollars in debt.

Let that sink in for a bit.

40 years ago, that number was sitting at about 3 trillion dollars.

We have been on the greatest debt binge in the history of the world.  Even though we were “the wealthiest, most prosperous nation on the entire planet”, we always had to have more.  We just kept on borrowing and borrowing and borrowing from the future until we completely destroyed it.

And we still haven’t learned anything.  Instead, this Christmas season we will be partying like it’s 2007

Americans are planning on celebrating Christmas like it’s 2007.

A November survey by Gallup found that US adults are planning on spending about $830 on average on Christmas gifts this year.

That’s a huge jump from last year’s $720 average.

Notably, American consumers haven’t suggested a number that high since November 2007, when they were planning on spending $866 on average.

Sadly, our incomes simply do not justify this kind of extravagance.  As Zero Hedge has pointed out, household incomes “actually peaked at least 15 years ago in 81% of U.S. counties.”

So why can’t we adjust our lifestyles to match?

Why must we always have more?

Here are more details on our declining incomes from the Visual Capitalist

  • Income peaked one year ago for many of the counties that are a part of the shale boom. This includes much of North and South Dakota, as well as parts of Texas, Nebraska, and Oklahoma. Income in Washington, D.C. and neighboring Arlington County also peaked then.
  • In 1999, a total of 1,623 counties had their households reach peak income. The majority of these counties are in the Midwest and Southeast.
  • The most southern part of California and parts of New England both peaked around 25 years ago.
  • Many states along the Rocky Mountains such as Wyoming and Montana had counties that peaked roughly 35 years ago.
  • Household income peaked in upstate New York, the northern tip of California, and southern Nevada at the same time that humans were first landing on the moon in 1969.

But you won’t hear this reported on the mainstream news, will you?

They want us to think that happy days are here again.

The following chart comes from the Federal Reserve, and it shows that real median household income in the United States has been trending down since 1999…

Real Median Household Income - Federal Reserve

Americans should be having smaller Christmases instead of bigger ones, but that doesn’t fit the image of who we still think that we are.

Recently, I published an article entitled “Goodbye Middle Class: 51 Percent Of All American Workers Make Less Than 30,000 Dollars A Year” that was shared more than 44,000 times on Facebook.  In that article, I included brand new figures that were just released by the Social Security Administration.  As you can see, the quality of our jobs is not great…

-38 percent of all American workers made less than $20,000 last year.

-51 percent of all American workers made less than $30,000 last year.

-62 percent of all American workers made less than $40,000 last year.

-71 percent of all American workers made less than $50,000 last year.

Without a doubt, most American families should not be spending hundreds of dollars a year on Christmas gifts.

At these income levels, most American families are just barely surviving.

But once again this year, millions upon millions of Americans will flock to the malls and big box stores in a desperate attempt to make themselves happy.

Sadly, those efforts will be in vain.  In fact, in a previous article I highlighted the fact that Christmas is the unhappiest season of the year.  The suicide rate spikes to the highest level of the year during “the holidays”, and 45 percent of all Americans report that they dread the Christmas season.  The following is an excerpt from a Psychology Today article

We are told that Christmas, for Christians, should be the happiest time of year, an opportunity to be joyful and grateful with family, friends and colleagues. Yet, according to the National Institute of Health, Christmas is the time of year that people experience the highest incidence of depression. Hospitals and police forces report the highest incidences of suicide and attempted suicide. Psychiatrists, psychologists and other mental health professionals report a significant increase in patients complaining about depression. One North American survey reported that 45% of respondents dreaded the festive season.

In recent years, an increasing number of Americans have given up the tradition of Christmas gifts entirely, and many of them that I know seem quite happy to have done so.

Of course most people are still quite satisfied with the status quo, and there are many that will get very angry with you if you dare to suggest that the way that Americans celebrate Christmas has gotten way out of hand.

But shouldn’t it alarm us that for most Americans the biggest holiday of the year is all about the “stuff” they are going to buy, the “stuff” they are going to give and the “stuff” they are going to get?

As a society, we are obsessed with things, but those things are never going to make us happy.

Perhaps we should all take some time to reflect on the traditions that we choose to participate in and what they really mean to us during this “holiday season”…

  • cal

    I am joyous that Jesus Christ came to us more than 2,000 years ago to save us and reconcile God with man. Even better his SECOND COMING, first the Rapture followed by his physical presence. At last 1,000 years of true peace, prosperity and justice. Call on the name of the Lord and you shall be saved. Praise The Lord! No more Federal Reserve Bank…now that is something to be joyous about.

    • Guest

      And the Bible states that the saints will rule and reign with Christ on the earth in His kingdom! Wow! That is so amazing. Maranatha!

      • GSOB

        This is happening now and growing.

        • rivercity

          Some “churches” teach that – they insert Christians into verses willy nilly. It’s pretty simple – at present there is no King ruling from Jerusalem. No King – No Kingdom.

          • GSOB

            Nilly willy huh?
            You are born of great ignorance.

            Galatians 4:24, 26

            This is allegorically speaking, for these women are two covenants: one proceeding from Mount Sinai bearing children who are to be slaves; she is Hagar. Now this Hagar is Mount Sinai in Arabia and corresponds to the present Jerusalem, for she is in slavery with her children.

    • GSOB

      We are in the millennial kingdom now, that is, if you are born again. If not, then just of the flesh in this world.

      • Bill G Wilminton NC

        Sorry we are not in the Millennial Kingdom yet

        • GSOB

          I am.

          • Bill G Wilminton NC

            Please explain what is your basis for believing we are in the Millennial Kingdom…..plse scripturally show me what happened to the Tribulation and Christ s return to bring peace. Where did the four horsemen go. It is obvious that you are not Scriptural , what are you using for your basis. Thanks

          • GSOB

            Read
            Colossians 1:13
            Ephesians 5:5

          • Bill G Wilminton NC

            We are still in the dominion of darkness butwe have access to redemption thru the blood of Jesus….if this the Millennium where did the Tribulation go ?

          • GSOB

            The Spirit Himself testifies with our spirit that we are children of God, and if children, heirs also, heirs of God and fellow heirs with Christ, if indeed we suffer with Him so that we may also be glorified with Him.

    • Bill G Wilminton NC

      Well said Brother Cal………….Thanks

    • rivercity

      Correct. The mindless followers of “tradition” loves the “baby Jesus” – but are apparently fully oblivious to His soon return in power and might to establish His Kingdom.

  • recovery

    Nonsense. Americans will be spending thousands and thousands of dollars this Christmas because the economy has recovered. There are plenty of Americans who are making 6 figure income salaries, who are spending more than ever before this Christmas.

    This Christmas and retail spending will show you how much thriving our economy truly is. Americans make more money than any other country and our future is bright.

    • Mike Smithy

      Poly want a cracker?????

      • recovery

        Get out there and make money!!!

  • recovery

    Americans make 6 figure salaries. Listen to all the talk shows and radio shows, where the most common statement is “I make six figures and life is great.” Indeed it is great. Americans are making more money than ever before. Even the stock market is indicating this and the job recovery is better than ever before.

    So people need to stop whining and complaining. Job recovery, 6 figure salaries= America winning!

    • Mike Smithy

      Poly want a cracker????

      • recovery

        Get out there and make money!

        • Mike Smithy

          Go back to your plantation owners at Media Matters.

          • recovery

            Lazy American. Plenty of people are making 6 figures and you make excuses.

            Pathetic. Lazy American.

          • Mike Smithy

            Why should I or anyone bother. President Zero has welfare for all.

          • recovery

            The economy is doing great. Get out there and start hitting the pavements. In America, anyone can make big money.

            So can you.

          • Mike Smithy

            Who want to pay draconian style taxes. Everyone should just quit their job and live on the Gubmint plantation for free. Let some other fool pay his taxes so I can get free stuff.

          • alan

            Selling crack has a down side, long prison terms and bad sex.

    • kenfrombayside

      Can I send you my resume? I’m itching to get back to work after being laid off. The company believed it was more cost effective to send the work to $2/HR employees in the Phillipines.

    • jhowell882

      this must be the GOP troll for this site. so how much you get paid for trolling. 25 cents a post?

      • Mike Smithy

        Nope. I suspect that he works for Media Matters or is a White House propagandist whom has been tasked with selling the narrative that President Zero’s economy hasn’t been a total disaster.

        • samurai sword

          If people would just ignore this witless troll (“recovery”), he would eventually go away. Any response, even ridicule, only encourages him.

      • lmaoLMAOlmaoLMAOlmao

        GOP troll? you are a clueless dolt

        • Clueless liberal

          The democrats are the ones who are clueless

    • MaxRockatansky33

      Internet bot? Where’s that cheap hooker in your avatar?

  • recovery

    America truly is the land of opportunity. In all my life, I have never seen this many people happy and earning 6 figure salaries. I was driving by and seeing the happy smiles on peoples’ faces in the street, I actually had to stop and cry in my car. Beautiful, absolutely beautiful.

    The economy is propering and shining bright than ever before. Americans are making more money than ever before and I am happy that our economy is recovering and soon going to see interest rates rise.

    America- land of golden honey and opportunity.

    • Mike Smithy

      Poly want a cracker??????

      • recovery

        Get out there and make money!!

        • Uncle Scam

          4/10

        • Mike Smithy

          I’m tired of pimping out your mother and sister at the Ho-house. Nobody wants to buy what they are selling.

    • aldownunder

      what a classic
      your hilarious

    • jaxon64

      you need a life

      • Guest

        That’s for sure.

        • jhowell882

          i second that one and he needs to stop doing drugs

          • Guest

            He’s a troll, and he’s just doing it to get a rise out of the readers here.

    • Uncle Scam

      land of the taxed to death debt slaves.

    • winrob

      I and a few friends are equally happy, but watch out for what’s coming! Prepare. Ignore the nasty critics. They will never be happy.

    • Green tip

      What is your story man? Your always talking about 6 figure salaries. I like jazz and alwaystomorrow who are positive. I like them partly because I can tell they are genuine. But you seem like your being paid to say what you say. Your fake and it shows.

      • SunnyFlaSnotress

        Hi! My name is Cindy Ward, and I’m a stay-at-home Christian mom AND Internet TROLL in Greenville, South Carolina. I’ve discovered how to make a great part-time income using my computer from home! I work about 15 hours a week and bring in an extra $1,300/week on average. I can stay home with my three wonderful kids and still make money, and anybody can do it!

        • Alwaystomorrow

          Looks like idenity theft to me. I wonder who is next..

          Looks like the work of “watchman” to me.

    • Bill G Wilminton NC

      Certain areas are prospering due to the affects of the markets. NY NJ and Conneticut are loaded with people working in the financial markets and benefit immensely by the funny money fueling the markets.
      But the backbone of the USA , the middle class are hurting, and sinking.

    • afchief

      More proof that liberalism truly is a mental disorder!

    • K2

      I wish you were right, but sadly most americans arent making more money than before. The gallup poll in this article is a bogus poll…..designed to lure manufacturers to manufacture more stuff and to lure retailers to stock up more. Remember last years prediction?, i dont remember if it was a blackfriday or christmas poll. But at the end americans spent less than surveys predicted.

    • MaxRockatansky33

      Sounds like a spam. Meanwhile go back to sleep, baaaaa!

    • Bill G Wilminton NC

      Dont look to close you may notice the people sleeping in the alcoves…….the economy is fake …….all borrowed forward.

  • old geezer

    BLACK FRIDAY: Because only in America, do people trample others for sales exactly one day after being thankful for what they already have!

    • SunnyFlaSnotress

      In my old area.. to death.. but we already sold the house and I moved to warm sunny Florida.

      • none

        I wonder why the newspapers haven’t started a
        “black Friday” is racist campaign yet?
        Then refused to carry any “black Friday” advertisements?

        • Fed up with PC

          They used to call it kkk Friday then negro Friday but now Black Friday works for most Americans. God love the politically correct always keeping us on our toes. We live them and the global climate change nuts

        • Hammerstrike

          Dindu Friday.

          Yoo mahn hoenor, dat store video beez photochopped an sheet, I dindunuffin!

    • New Geezer

      That saying is as old as you! Have anything orginal interesting or relevant to add? Nope, didn’t think so!

      • old geezer

        Chill out ,it has 19 up votes. How many do you think your reply will get?

    • Evil_shadow

      but i dont get it; why? whats with all that craze about pre Christmas shopping and hoarding lots and lots of (mostly) useless gifts for family that get together maybe once a year?

      • I ‘m finally getting 95 Dollars an hr,….It’s time to take some action and you can join it too.It is ea sy way to get rich.Three weeks from now you will wish you have started today….

        ==========>>> Go to my account for WEB ADDRESS

    • Hammerstrike

      Tom Clancy´s The Division, coming soon near you.

  • James Hixson

    Christmas in our house consists of family getting together, eating good food, and praising God for his gift of love to the world.

  • Sam

    People should enjoy themselves and have a balance. People need to learn to live within their means. It’s human nature to want more, but that is where people need to exercise discipline. There are so many people suffering who will not be able to enjoy Thanksgiving or any other holiday. Help them out. Give in charity. Volunteer to help the needy. When you help others, the Lord will help you as well.

  • stroea

    Perhaps all the sadness of the season isn’t because of what we’re celebrating, but how or when we’re celebrating. We know, for example, that 12/25 is not the real birthday of Jesus, but we do have the means to calculate it more closely. 12/25 is the day that pagans used to celebrate the winter solstice.
    Why not have two holidays? One on 12/25 and one a lot closer (the Bible doesn’t give an actual date) to Jesus’s actual birthday. We could leave the “Christmas” traditions in place for 12/25 and make the other more somber to reflect what we’re celebrating.

    • Guest

      Actually, the date of the birth of Jesus Christ can be determined from the Bible. It’s a bit complicated so I won’t go into it here. But it occurred on the Jewish Feast of Tabernacles. And that makes perfect sense. In John chapter 1, verse 14 we read: “And the Word was made flesh, and dwelt among us, (and we beheld his glory, the glory as of the only begotten of the Father,) full of grace and truth.”

      In the King James Version of the Bible, the word “dwelt” in John 1:14 translates the Greek word skēnóō. Per Thayer’s Greek Lexicon, the definition of this word is “to fix one’s tabernacle, have one’s tabernacle, abide (or live) in a tabernacle (or tent)…”

      • stroea

        I guess the key here is when you sat the date “can be determined”. The Bible doesn’t give the exact date. There is also the prophecy in Daniel of the seventy weeks of years that is helpful in determining the date.

        • GSOB

          The key to the history of civilizations is judgment. God evaluates our response to His commands and He answers back with curse and blessing.
          World history is a series of judgments leading to the final judgment.

        • Bill G Wilminton NC

          The reason why Yeshua ( Jesus ) does not reveal the birthdate is because HE came to Die for our sins. The date of when He gave up the spirit is Passover and that is the all significant date.

          • GSOB

            He died and rose again.

          • Bill G Wilminton NC

            Yes but not on Dec 25 but Passover as He was the lamb………

      • GSOB

        Correct. God put on the tent of humanity. He tabernacled among us.

        Now, square John 14:2

        with

        Acts 17:24

        &

        Revelation 21:22

        So you have it. No need for a rebuilt temple. It is not necessary.

        • GSOB

          Now the Lord is the Spirit, and where the Spirit of the Lord is, there is liberty. But we all, with unveiled face, beholding as in a mirror the glory of the Lord, are being transformed into the same image from glory to glory, just as from the Lord, the Spirit.

          2 COR. 3:17, 18

          • victor

            I keep that scripture posted on my refrigerator. love it….

    • GSOB

      What was the purpose of the incarnation of God the Son?

      • GSOB

        John 17:23

        • GSOB

          Yep…. ultimately.
          Revelation 22:17

          • aldownunder

            uh oh who let the goose out of the cage

          • GSOB

            2 Corinthians 5:19, 20

  • jsmith

    Recovery: I want you to put your mouth where your recovery is, and go to at least 4 or 5 Starbucks and pep up those college grads that are baristas because the economy is great, and because the jobs are out there, and I guess those milenialls need the prodding because gee, maybe they are to lazy to find those good jobs, but then they were not lazy to find work at Starbucks. But then maybe I’m repeating myself. What the hell do I know. Did I get millenials spelled right?

  • God is forgotten . Greed is good. Dollar dies, hell that was never in the US history, will start.

  • GSOB

    Let the refugees in. Put yourself in their shoes.

    • Uncle Scam

      I have when dealing with dindus

    • Jazz

      Nah I’m with Trump. Build a wall and keep em’ out! We don’t need any more disguised jihadists in our country. Thank you very much!

      • GSOB

        Matthew 25:31-46

        • Jazz

          We have plenty of sick and poor already in our country. Let us help the millions of sick and poor already here before we invite more in, especially those pretending to be refugees who seek to harm our country!

          • Bill G Wilminton NC

            You got it …………we have got millions of real needy living on the streets and in tents.

          • GSOB

            Let us.

      • Bill G Wilminton NC

        You got it…………..

    • Bill G Wilminton NC

      We are not dealing with immigration but a planned invasion…………..read the Koran, infidels are to be converted or killed. They are in Jihad. Forget the moderates, in Germany there were moderates but moderates never determine an outcome.

      • GSOB

        Fear is your master.

        • Bill G Wilminton NC

          Yeshua is my master…….and he says be as gentle as a dove and as wise as a serpent Mathew 10 16….

          Islam is not a religion but an IDEOLOGY…….ask the Jews who have had to leave France because of the persecution from the religion of peace…….peace as in pieces as that is how THEY leave people.

          • GSOB

            Remember the Exodus?

            The parting of the sea?

            Remember Noah’s ark?

            Remember Moses….

            Endure hardship as discipline; God is treating you as his children. For what children are not disciplined by their father?
            If you are not disciplined—and everyone undergoes discipline—then you are not legitimate, not true sons and daughters at all.
            Moreover, we have all had human fathers who disciplined us and we respected them for it. How much more should we submit to the Father of spirits and live!

          • Bill G Wilminton NC

            Hi Mr GSOB,
            Yes I am familiar with the Great Events of The Bible and I submit to Abba Father…….and I truly enjoy sharing with my Christian brothers and sisters……but still and all I believe The Millennium is yet to come……God Is Good

  • GSOB

    Hillary and Hickenlooper?
    Is that what’s coming?

    • rentslave

      No.It’ll be Booker.They know that they have to get the element into the voting booth.

  • Jazz

    Is that $830 per person? For example if you have 2 kids you spend $830 per kid? Or the average person spends $830 in total on all gifts? If so that seems REALLY low. I easily spend thousands on Christmas gifts per year.

    • Alwaystomorrow

      So if someone makes $75,000 a year, you are suppose to give 10% ($7,500) to the church, but giving $830 to the people you love at Christmas is considered excess?

      It seems somewhat low to me also.

      • Jazz

        Yeah I’m definitely closer to giving $7500 in gifts than $830 though I make substantially more than $75k so I guess it’s all relative.

        • Alwaystomorrow

          If it is within your means and you enjoy it I think you should do it.

          I enjoy reading your posts because it is nice to see someone who is doing well for themselves and enjoying themselves.

          Not everyone is doing poorly on the verge of financial despair.

          As you may be able to tell from some of my posts, I like your confident attitude posting what you believe.

          • Jazz

            I appreciate that! I enjoy your posts because you too look at the positives in our economy and lives. I see the glass as half full and life is what you make of it. Most people fail to realize just as MANY millionaires are made during the bad times as during the good. If you always seek opportunity you will always be finding it!

  • MichaelfromTheEconomicCollapse

    Warning: If You Live Anywhere Near Chicago, Brace Yourself For Massive Rioting…

    http://endoftheamericandream.com/archives/warning-if-you-live-anywhere-near-chicago-brace-yourself-for-massive-rioting

    Michael

    • Alwaystomorrow

      Alwaystomorrow reporting LIVE from 50 miles to the southeast of Chicago, it is 100% quiet white.

      • Jazz

        Lol. I watched the video. The kid was high on pcp, destroyed police vehicles, was robbing and threatening people. The policeman did fire excessively but when a person refuses to put down a weapon and heads toward officers, they have essentially said shoot me. The kid had a death wish. The protest should be for the people in Chicago unable to arm and defend themselves with guns from thugs like this kid who was shot.

  • Celebrating christmas is like attempting to worship God at a pagan alter. Mark 7:1-13

    • GSOB

      That is true if it’s the way of the world.

  • Alwaystomorrow

    The Economic Collapse Blog Has Issued A RED ALERT For The Last Six Months Of 2015.

    Published 6/25/2015.

    37 days until 12/31/2015.

    Lets do a count down until the end of 2015 and see just what happens.

    ——————————————————————————

    By Michael S, on July 31st, 2015.

    “And I kind of appreciate the countdown. It reminds people of my warning, and perhaps it will give some readers a renewed sense of urgency.”

    • aldownunder

      a bit late today nate

      • Alwaystomorrow

        Yes. As they say “Better late than never”

    • Jazz

      Looks like we are heading to new highs. Today is a PERFECT example. On a day when the market should have been sharply down we get rallying. This is a clear indication that the markets want to go up. Imagine the rally when we get good news. Stay long my friends! Dow 20k is not to far away :)

      • Green tip

        Hey Jazz why do you think the market did not drop today? It would seem the potential for WW3 breaking out would put a damper on the markets wouldn’t you think? Just curious on your take cause you seem to know what your talking about compared to a lot of others here.

        • Jazz

          Yes the US market should have gone down today and it didn’t. There was more than enough bad news to take us down. That tells me the US markets will continue to go up. A market that refuses to go down on bearish events or data is not a bear market.

          It’s all about capital flow. Lots of institutional and foreign money continues to flood into the US markets. Notice how Europe sold off today? There isn’t much money flowing there because of the sovereign debt situation.

          All that money has to go somewhere. The Euro and Yen have been slipping and US dollar, bonds, and stocks keep going up. It is a flight to safety right now and for better or worse, the US markets are seen as a safe haven. Pick your poison and the world is choosing the US in this time of uncertainty.

          • Green tip

            Thank you for your reply and your perspective. I’m trying to learn as much about the markets as I can so I figure ask the smartest guys in class.

          • Bill G Wilminton NC

            But the dollar volume is way down and it does not take too much to move them up.

          • Jazz

            True and you have a very small number of stocks driving the markets higher such as Facebook, Apple, Microsoft, Google, Amazon, Netflix etc. It is truly stock pickers market like 2011 which I have been saying for months. That was why I didn’t panic in August.

          • MaxRockatansky33

            More like dot com bubble not 2011.

          • Jazz

            Not true. Valuations were sky high in those days and most dot coms had little to no earnings. Today’s market though a little expensive from a historical perspective is not overly pricey like 1999-2000. Learn history and you will see how foolish your comments are.

          • Mike Smithy

            The only ones buying is the PPT.

          • Mike Smithy

            It’s all about manipulation and lining up the unsuspecting bag holders.

          • Jazz

            Hey if they manipulate the prices of my stocks higher, who am I to argue? I set my profit targets – in and out. Make money – wash, rinse, repeat! Cha ching!

          • samurai sword

            Your “ride the bull” meme reminds me of certain opportunists (Larry Edelson of Weiss Research comes to mind) who predict a 20K or higher Dow based on an analysis of business cycles that shows panicked investors yanking their money out of crashing European markets and stampeding into the perceived safety of U.S. stocks and bonds. This, it is argued, will present savvy investors with the chance to make a fortune IF they have the patience to weather present uncertainties.

            It is a move fraught with risk. For one thing, highly manipulated markets such as the Dow are not subject to cycles but rather to the aims of their controllers. This makes them behave in highly unusual (and unpredictable) ways, as you recognize.

            Second, any implosion in Europe spells doom for U.S. banks that hold billions in debt and untold trillions in derivative contracts. If you think you will be allowed to profit following a sovereign debt crisis or the failure of one of more large European banks, you haven’t been paying attention. What happened at MF Global is but a preview of the upcoming liquidity crisis that will see confiscation of supposedly secure funds on a massive scale.

            Finally, the view that the markets are poised to reach new highs completely ignores the potential for black swan events, false flags, or other government-initiated catastrophes that could crash the markets overnight and issue in a new paradigm that would render your dollar-denominated assets worthless. In fact, given current immigration trends, a mass-casualty event on U.S. soil (similar to 9/11 but far more deadly) is a near certainty…certainly far more likely than new highs in the markets.

            But go ahead and keep talking up the next big rally. I appreciate your optimism even though I don’t share it.

          • Jazz

            A terrorist attack on US soil is far more likely than a 2-3% rise in the markets from current levels? Yeah ok. Lol. I’m not buying that. If the terrorists wanted to or could attack America again it would have happened LONG ago.

            Who is Larry Edelson? I have heard of Weiss but not Larry. I follow a lot of Martin Armstrong’s analysis and have studied the markets for over 30 years. I watch capital flows. I agree with some of your analysis but don’t agree with your pessimism.

            I see the markets melting up to 20k+ on the Dow and 2500 on the S&P because mutual funds, pensions, and money managers have to place money somewhere. Institutional and foreign money continues to pour into the US dollar, bonds, and stocks. Until we see a change in investor sentiment the trend is clearly up not down.

            Yes a black swan event could happen at any time just like an earth quake could too but I don’t live in fear waiting for the earth to shake. I have done quite well buying stocks and options in this type of market.

          • samurai sword

            Who said anything about living in fear? I’m talking about balancing prudence with risk. Current demographic trends spell trouble, and there is a reason we are importing refugees with questionable backgrounds in spite of clear opposition by the public. It ain’t to take the jobs Americans won’t do.

            Conspiracy theory? Tell that to the families of the victims of the Paris attacks. No doubt they thought it would have happened LONG ago too.

            Investor sentiment is ultimately shaped by confidence, which right now is in extremely short supply given our dismal economic fundamentals. To say the “trend is clearly up” is to assume a host of favorable conditions that simply are not there or are subject to manipulation for reasons that have less to do with instilling confidence than with gaining an advantage and, ultimately, stealing you blind. The Fed is not your friend.

            As I said, go ahead and play the markets, with all the risks that entails. Just make sure you have your exit strategy planned out well in advance.

          • Jazz

            Don’t fight the fed! I have been happy with how my portfolio has performed the past 10 years with an accomodative fed. Fed juicing the markets has been at the price of the poor and middle class. That is the true crime.

          • Bill G Wilminton NC

            Yes but have you noticed that China is buying up the worlds gold ……I believe 400 tons this year….and have set up The Shanghai Gold Exchange. Security in Stock Market I think not……..What Say You………

      • Bill G Wilminton NC

        The stock market does not reflect main street and main street reflects the middle class. 100 million not in work force and 46 million on food stamps. The markets are pushed up by easy money, 0 percent interest rates, stock buybacks, PPT, etc etc and I agree before the collapse the markets could hit 20k. But I have a foreboding feeling in my stomach that something big and bad is lurking.

        • Jazz

          Yeah that’s the real tragedy! The fed is killing the poor and middle class while us in the upper class get the benefit of easy money and stocks that keep going up.

          I agree the shoe COULD drop at any moment but at the same time the markets could and probably keep going much higher for at least a few more years. The Fed keeps juicing the markets and they know that’s the only way to keep the music playing.

          • Bill G Wilminton NC

            Hey Jazz, making a 6 figure salary is making good money but compared to the people who run the world ” The Elites “. That doesnt even make it on the radar screen compared to the 1 percent of the 1 percent and when the house of CARDS falls unfortunately you will be gone or forced to take the number. and exist in a world gone mad controlled by The Beast.

      • MaxRockatansky33

        You sound like a broken record. I don’t see any euphoria on the markets. But I see more terror attacks and WW3 brewing thanks to Turkey shooting down a Russian fighter jet.

    • Richard

      It is coming and really soon.

      • Jazz

        Maybe by 2020 if that’s considered really soon.

      • Alwaystomorrow

        As long as you do not define “it”, you can’t be wrong.

        • Jazz

          Well technically “It” already came. It recently was the 25 year anniversary of Stephen King’s “It” mini series. It aired as a two-part series on November 18 and November 20, 1990.

          • Alwaystomorrow

            I must have missed it. I spend to much time on here. :-)

          • Paul Patriot

            Yes you missed “it” spending too much time here pasting Michael’s predictions, throwing it in his face to try to mock him that he may be wrong, that a total collapse has not occurred yet. The collapse has already begun.

          • Alwaystomorrow

            For you.

    • Pony Express

      What happened to Bo Plony’s November stock market crash prediction? He only has three trading days left to be right.

      • Jazz

        That is the issue with people putting a timeline on a crash prediction. They are either right or eat crow. Stock market crashes are very rare and thus difficult to predict. It’s not about timing the market but rather “time in the market”. I stick to my guns and hold quality stocks long term and then do some trading when I see short term opportunities.

      • Alwaystomorrow

        November of 2019.

        • Jazz

          No that was the Harold Camping method of predicting the end of the world, just keep pushing the dates out!

          • Alwaystomorrow

            If you push it out far enough into the future initially, you only will have to do it once.

      • samurai sword

        Markets in which banks and their proxies are allowed to intervene are impossible to predict. Plony should know this, as should other financial seers whose mathematical models all assume an absence of central bank manipulation.

        The only thing we can be certain of is continued collusion between the Fed, Wall Street and the Treasury Department. The confidence game will go on until external factors overwhelm it, at which point the house will take their winnings and the Grand Casino will close.

        • Jazz

          Very well said and that has been my exact train of thought! I have been saying for months that the markets will resume their bullishness because of the central banks all colluding together to keep the system propped up.

          I don’t know who this Bo is but he was way off. No market crash coming anytime soon!

          People have been predicting market crashes since 2011 failing to recognize the markets can go higher despite common sense and reason. Manipulation can cover all sins. The markets will continue to melt up until as you stated the casinos all decide to cash in their chips.

          Until then, why not make some money playing the game!

          • samurai sword

            Market bulls are as difficult to predict as bears in the current environment. For all we know, TPTB may prefer a stationary market for now in order to allay investors’ fears. That, in fact, appears to be what is happening. Too much movement upward in defiance of deflationary trends would arouse suspicions that there is indeed a man behind behind the curtain. That cannot be allowed to occur.

            If you wish to risk your money in a rigged market, be my guest. I prefer to prepare for the inevitable paradigm shift by stocking up on hard assets that don’t need a bull market to keep their value.

          • Jazz

            Tell that to the gold bugs who bought gold at $1900/oz.

          • samurai sword

            You didn’t panic during the August dip. So why should gold bugs be concerned when the bullion banks hammer the price of the metal into the floor? Just makes it a better buying opportunity.

            Some of us are preparing for life after the dollar goes the way of the dodo, and not necessarily by purchasing gold. Your fiat scrip, and any paper assets denominated in it, will revert to its proper use as toilet paper. It’s a matter of when, not if.

            You can’t say you weren’t warned.

          • Jazz

            Lol. I guess being able to buy something 50% off is a good deal. Now or soon would have been the better the t buy. I admit I did buy some bullion at 1,100 and will buy some more when it goes under 1,000 an ounce. The dollar will not die for a long while though. It’s the only game in town right now. Us fiat would be an issue but this is the first time in history you have nearly every currency in the same boat. Dollar is still world reserve currency and it will take years for that game to be over. I have made a killing the past year being long the dollar and short the euro. I

          • samurai sword

            So the folks predicting an imminent crash were foolish to do so, but here you are assuring the rest of us that the dollar will be around for “years.”

            Lol.

            The dollar is dead currency walking, and while it MAY be around for years, prudent people are hedging their bets and preparing for its demise sooner rather than later. They are not skipping carelessly around the markets bragging about their profitable portfolios.

            Better to cash out “years” too soon than a day too late. We dumped our stocks years ago and have never looked back. We are now well prepared to weather the storm.

            The question is, are you?

          • Jazz

            Sold stocks years ago and bought gold at the top of the market. That sounds like a prudent plan to me lol. No wonder all of you are having an economic collapse. Lol. It is all about having a solid plan. I own stocks, metals, options, currencies, and have exposure to commodities. I think I will weather the storm better than most.

          • Former Gold Bug

            There’s a difference between a dip and a crash. Stocks dipped in Aug. Gold crashed and will continue to go down.

          • samurai sword

            Gold’s “crash” is the consequence of the Fed’s proxies shorting the metal in the futures markets and then settling contracts in cash. This drives the price of gold down even while demand for the metal has skyrocketed.

            Now why would the darlings at the Fed want to manipulate the gold market? Wouldn’t be distract investors from an alternative to dollar structured assets, now, would it?

            There has been no crash in gold. Only central bank manipulation. Gold will reassert itself (as will silver and other commodities) as the currency crisis unfolds.

            Better get it while the price is right.

      • The voice

        you mean blo pony

      • Callin out the swindlers

        Bo is a fraud. He hocks metals and uses end of the world mantra to get people to buy his newsletter and sell them gold at severely marked up prices

    • Porkallah Mohammed Ben Kalb

      Already begun.

  • BenguluruHuduga

    Skip the shopping for next 2 months.. You get better deals by end of Jan.

  • Disenchanted

    I dest the use of averages because it skews the information. If one person in 1000 gave expensive gifts then the average for the other 999 is raised.

    Unfortunately what was supposed to be a family holiday in the US has been ruined by the socialist media.

  • Bad Kitty Cat

    I believe these surveys are NOT trustworthy! Over the past couple years, I have noted these surveys on spending for the holidays are not based on reliable data (OK, they say “can’t be assigned a margin of error”, which is essentially the same thing). I can’t begin to express how distressing it is to pick at surveys and see the lack of scientific method! I wonder if these “predictions” are made to pressure people to spend. Everyone I know (myself included) are cutting back this Christmas, and I personally don’t see alot of spending either.

    Alternately, people might be lying on these surveys… thanks to fears of what info is being collected on whom.

  • GSOB

    2 Corinthians 4:4
    The god of this age has blinded the minds of unbelievers, so that they cannot see the light of the gospel that displays the glory of Christ, who is the image of God.

    • GSOB

      2 Corinthians 4:6
      For God, who said, “Let light shine out of darkness,” made his light shine in our hearts to give us the light of the knowledge of God’s glory displayed in the face of Christ.

      • Jazz

        We as Christians are called to be salt and light in this world. Yet many who claim to know Christ on this blog are pessimistic, fearful, and downright negative. The only way non believers see Him is through His people and with all the negativity what kind of witness is that?

        I am blessed to know the true King of Kings but for the non believer coming here where is the hope? He is the One who can provide the only refuge during an economic collapse. Let us find our true security in the only One who really matters.

        • Bill G Wilminton NC

          Well said……but this once great country has turned its back on God…..and without God we are finished.

          • Jazz

            I agree yet we may leave God but He never leaves us. He may remove our blessings but He is still here for us. He never promised life would be easy on this earth. In fact He said if we followed Him there would be many trials and struggles. That is why we need to put our faith in Him and not in money or possessions. Live each day like you mean it and do not be fearful. Fear only the Lord.

          • Bill G Wilminton NC

            Well said………………thanks

          • grinch

            NOT TRUE AT ALL. THIS NATION WAS NEVER OF ANYTHING BUT LIES AND DECEIT.

          • Bill G Wilminton NC

            Mr Grinch this is a fallen world and those that read/study the Bible are waiting for Jesus. America spread the word of The Gospel around the entire Globe and we acted as a beacon of light to the World. Afar cry from America of today.

  • Fed up with these jokers

    Do ya’ll keep seeing travel warning advisories for this thanksgiving? What a joke! Are gov officials really that stupid?

    The terrorists strike when you don’t expect them to not on holidays and when people are on guard.

    By communicating these so called “warnings” it only further advances the terrorists’ goals – terrorize and create a sense of panic.

    Our gov will never learn though it’s exactly what they want – to take away more freedoms and make us more dependent on their failed policies.

  • Annette Smith

    Went to Walmart tonight to get a few needed things. We stuck to our budget, too, and that made me glad. The store was pretty empty and it was unnaturally quiet. I remarked at how empty the store felt and right before a major holiday. That eerie feeling tells me more than any news story could. There are few people that have money to blow on the holidays. I looked for families, and they were there…just subdued…this is not like all the other times that I can remember…

    • Scott Comin

      I work in a high end hotel in new york. It has never never been this slow thi we long. The city is a ghost town compared to other holiday years.

  • Truthseeker

    If every Christian in America would inform themselves of the origins of Christmas, a lot fewer people might be going into debt.

    • stroea

      Originally “Christmas was celebrated by pagans to mark the Winter solstice, the “rebirth” of the sun. But as I said below, we ought to have two holidays: one a lot closer to the actual birthday of Jesus to commemorate his birth, an one to celebrate the solstice (who created the solstice after all?)

      • Mike Smithy

        Right you are.

  • HeyAHuman

    Q4 earnings reports ought to usher in a not-so-happy New Year. Then the subsequent Q1 earnings… yikes.

  • DJohn1

    The way to have a good Christmas is to remember the reason for the season.
    What we did was start a Christmas fund in January and put a few dollars back each week to have a little money to spend on each other at Christmas. I think we should limit Christmas spending to what we can afford without going into debt to do it.
    Birthdays are the same way.
    My experience is the poorer people are the more likely they will go into debt over Christmas.
    I always compute it that if you have a 7% loan then you are paying
    for things with a dollar that is worth 93 cents.
    Retail cards are more like 18% interest. Good if you pay them off each month. But your money is now worth 82 cents on the dollar.
    It is worse than that. Because that 18% is collected on whatever you still owe each month. Meaning that 18 cents per dollar is collected every month you owe it.
    So you are actually spending your money at less than 50 cents on the dollar if you add all the interest on the loan until it is paid back.
    At paying it back in 3 months it could amount to your money is valued at 46 cents on the dollar.
    And that is how bankers steal your money. Whether it is a car loan or a house mortgage, they collect, collect, and then collect again.
    Bankers do not loan you their money. Their money is matched dollar for dollar so in theory they can never go bankrupt.
    That is what government does to get in bed with your banker.
    Every account on all of us is reported to the Federal Government in one form or another.
    So Christmas as we know it is the Devil’s playground enthusiastically participated in by most Americans.
    I still remember as a child though waking up to moderately expensive toys. And Mom and Dad enjoying the looks on me and my brother’s faces. It is not all bad.
    But if it gets completely out of hand . . .
    Then we have a perpectual debt that no one can pay off.

  • William Lutz

    Thanks for discussing this topic Mike. I also notice that Christmas has been too commercialized and most Americans tend to take the holiday season for granted. Oh well! Let’s wait until we can no longer afford Christmas.

    • SunnyFlaSnotress

      Hey.. Did you know that the prisons are overcrowded?!?!?

      • William Lutz

        Yes I know that prisons are overcrowded. What does that have to do with this article?

  • victor

    I wonder what kind of Christmas gift Putin will give to Turkey? Will he go all out in his giving?
    It’s getting a little more interesting globally.
    Wonder what’s next?

    • At least Putin will have Turkey for Christmas… 😉

      • Grumpy Pete

        Your attempt at humor fell flat like your personality. Go back to clown school and take better notes. The good news is your half way there

  • William Lutz

    Furthermore, the retail traffic during Christmas time is bad enough, but Black Friday is a lot worse. It is a really chaotic holiday where people would nearly kill each other for stupid electronics.

  • alan

    $830 is about a months wages in the Confederate States. I think we must be dragging down the average by a lot.

  • El mico

    Society says we are measured not by the good we do but by the trinkets we accumulate.
    We are or own worst enemy because we care too much what others see on our outside rather than just being a good person that goes unrewarded or noticed.
    Until we learn that life is not about how much we accumulate, only then can we learn to live within our means.
    Until then, we will continue to consume every last resource on this planet.

    • kringle

      Excellent! This is the truth.

    • Black

      Rental Storage facilities are sprouting up all over for people to store all the garbage that wont fit in their particle board mcmansions

    • Grumpy Pete

      Stop writing us all the fortune cookies you have ever read. Think an original thought and get back with us. I have a feeling we will be waiting a long time

      • El mico

        Others seem to agree with me.
        You don’t have to live up to your name all the time.

        • Grumpy Pete

          Oh good for you. A bunch of know trolls on the Internet “agree with you”. Here’s a badge of honor for you now get a life

          • El mico

            First post deleted.
            Your comments say your the troll
            Go back to bed.

  • Evil_shadow

    “-38 percent of all American workers made less than $20,000 last year.

    -51 percent of all American workers made less than $30,000 last year.

    -62 percent of all American workers made less than $40,000 last year.

    -71 percent of all American workers made less than $50,000 last year.”

    WOW, just WOW. Most workers(private sector at least) can only dreaming about 20K $$ per year.With prices of gasoline quite high and food prices rising… what is poverty line in US? 15K more? here in my country its 710€ euros per month and yet at least 35% of workers dont get payed that much…

  • Black

    I want one of those fancy cars that can spin around in circles on the ice with all the other cool cars spinning around in circles on the ice. Awesome

    • Grumpy Pete

      Well go get a job save some money and when you have enough buy one. Until then you have a pipe dream so pipe down!

  • Cyber Revengeance

    too many failed predictions by this blog.

    • GSOB

      You get what you pay for.

  • Richard O. Mann

    The history of Christmas is a sorted one. It was not celebrated by many of the early Puritans. They viewed Christmas as a pagan holiday and had nothing to do with it. It did not become a Federal holiday until some time during the 1800s. The push for celebration of Christmas in the US came mostly from merchants, who saw how much their fellow merchants in Europe made during the Christmas season. So, with a little help from the merchants, many of the churches of the time bought into the birth of Christ for the Christmas story, and the giving of gifts to celebrate said birth. It is so well in grained, that many churches today will get hostile if you attack the Christmas holiday. So, today it is no surprise to see Americans running out to buy, buy, buy, even though they are broke. We have been programed by years of hearing the story of the birth of Christ during this time, and the programing by the merchants to celebrate this time of year with the buying and giving of gifts to our loved ones. Crank in todays massive blitz of movies, music, and way before Thanksgiving kick off of the season and you have the makings of a holiday that cases frustration, anger, depression, and suicide.

    • grinch

      Are these the same puritans that thought it was OK to rob the graves if Indians and take their land?

      • megrinchtoo

        Or maybe it was the ones who called women witches and burned them at the stake.

        • Germs are our friends

          There are bad characters during every point In history. Your focus on one group in one part of the country makes you look like an imbecile. You lack IQ points

    • Bill G Wilminton NC

      I have not celebrated Christmas in 20 years since I was born again as a Christian. It is not Yeshua ( Jesus ) birthday and it is totally pagan in origin. Tell me what does putting a tree in your house have to do with Yeshua. And with lights and tinsel. He was born in the fall and was crucified at Passover not Easter which is another pagan holiday.

    • Grumpy Pete

      Thank you for the history of Christmas. Now can I have those 30 seconds of my life back?

  • Priszilla

    We still have some gifts leftover from last year’s “Secret Santa”. They’ll get a new packing and find a new household. There’ll be no parcels to send and no flights to book this year. Phone calls and handwritten Christmas Cards will do. We are off sweets and alcohol. So I estimate £150 this year for miscellaneous items, and £400 to replace my 8 year old laptop.

    • Santa’s Helper

      & a lump of coal for you too for your lameness

      • Priszilla

        Make it charcoal. Goes into the box in the shed for bbq next year.

        • Santa’s Helper

          You are not worthy of charcoal. you bore Santa to death with your prudishness

    • Grumpy Pete

      You are tacky and twisted. May Santa give you all the unwanted gifts

      • Priszilla

        Do you realise that unwanted gifts are given by “pro-active” people? Those guyswho do not listen to customers and start providing before a wish was uttered.
        Pro-active people are faster than reactive people, but wrong.

        • Grumpy Pete

          Well go put a pound of makeup on you are a new kind of ugly. All I wish for Christmas is to not see your face

  • purrsun

    Visited large Catholic thrift store and found amazing collection of Everything Christmas and Hanukah. Expensive collectible villages, Santas and crèche sets, aplenty. Bags of like-new decor for $.75. Why take on long-term debt for One day?? Made suggestion to couple shoppers in mainstream store, and they looked at me like I was crazy!! Consumerism has truly overcome many minds.

    • Grumpy Pete

      Stop making suggestions to strangers. You are crazy now go get a life and leave people alone.

  • carson

    overheard this TV commercial yesterday..they said- Happy thanks getting…along with something about how good it is to get…
    another sign of the times.

    • Grumpy Pete

      Thanks for passing that along. Go watch “gone with the wind” and follow the title’s directions

  • Pete Brewster

    Actually, what this chart tells me is that wages haven’t grown a bit since 1999 (at the latest), before the Internet bubble burst.

    Yeah, it’s higher during credit booms than during busts. Long-term, though, Christmas spending (all consumption, actually) can only grow at the same rate as wages. If consumption hasn’t grown even in dollar terms, it probably means wages haven’t grown either.

    • Lolly Brewster – Pete’s mom

      Pete I told you to take out the trash and get back on your meds. Your father and I love you. You need tonstopmspewing that ridiculous gibberish. Get a clue son and take your pills

  • Larson E Whipshade

    I peaked in 2004 but with my faith in Allah, I am as happy as a birdin Florida in winter

    • Secret Sauce

      Please don’t suicide bomb anyone

      • Grumpy Pete

        He can bomb himself to get the 72 virgins if he chooses to do so

    • Charlie’s Angels

      Another Trojan horse refugee ready to harm America. They should put all you Muslims on an island somewhere then you can harm each other

      • HeyAHuman

        That’s awful. This is a prefect indication of how the Lamestream media increases hate in simple minded sheeple.

        • Grumpy Pete

          Well stop watching CNN and all your liberal brainwashing shows and you will seeall the terrorists are muslims. Charlie has a grand idea

          • HeyAHuman

            I don’t watch any of those networks. I’m just not justifying slamming a random person who says “thank Allah”, you stupid backwater bigot. And who are you, anyway?

  • Mondobeyondo

    We’ve come a long way since gold, frankincense and myrrh, and not for the better. Christmas long ago stopped being about the birth of Christ and morphed into an orgy of materialism. Gotta have the latest, greatest thing right now, with all the bells and whistles. And people are willing to stand in line for hours at night to get what they want.

    And as a popular Facebook meme goes, “Black Friday… because if you don’t pay your electric bill, next Friday will be black too”…

  • rentslave

    Just now on his radio show,Hal Turner predicted that the collapse will begin Friday with very little being spent.

    • Charlie

      Ok guess the market crashes on Friday then. This guy must know all

    • Grumpy Pete

      Wow! I love the gullible ones. I have a set of rare coins to sell you.

    • James

      Hal Turner is a violent racist who advocates violence to achieve one’s mission. Now that’s a reliable source for a prediction.

  • Bill G Wilminton NC

    Greatness has many measuring sticks . Americas greatness was in bringing the message of the Gospel to the world.

  • HeyAHuman

    Black Friday Matters.

    • Grumpy Pete

      Glad it matters but trolls like you don’t matter at all. Make like an old guy and get out of hair

  • Squashed GoldBug

    Harry Dent just said gold is going to $250 an ounce. Think of how many gold bars we can buy with that $830 next year

    • Whoop There It IS

      I would expect gold to go down below $1000 but not below $500

  • yippie

    Every so called holiday is materialism. Haven’t you noticed? Halloween starts in August. Christmas starts way before Thanksgiving. I have wanted to bail out of this BS for a long time and this year I may finally get my wish. My narcissistic wife left me and now I don’t have to spend more like 2000.00 on this bogus holiday!

    • Grumpy Pete

      I see why your wife left you. Women don’t like men who are whine and can’t man up. Grow up and act like a gentleman

  • ready to depart

    It’s sick to think that one day or a time in a season should be more special or better than any other day. WTF is wrong with our culture?! Everyday is a day that we must turn our lives to God. I have been researching personality disorders lately and our country is fricking sick. I know because I have dealt with my family dysfunctional past and continue to do so daily. I had anti-social disorder and I don’t mean not wanting to have tea with my friends. I mean doing things against myself and society as a whole. America needs a major mental health overhaul first and foremost. God help us. We are more concerned about anything and everything but our own country. people and well being.

    • Grumpy Pete

      You should be first in line for the mental health overhaul. Go commit yourself and start a movement

  • Yeaaaaah we have a new imbecile in town – I present to you the new troling ha**ole “Grumpy Pete”.
    Watchman I think you have a new one to deal with here :-)

    • Grumpy Pete

      Just because you have to mate with a sheep because your wife doesn’t satisfy you don’t take it out on me. I come to speak the truth!

      • It’s what I meant… an imbecile… aaahlalalala… those trolls… at least I mate with something my dear son :-)

        • Grumpy Pete

          Well your mama is so fat when she left the house in high heels she came home later with flip flops.

          • That’s a really funny one :-)
            But the way you answered me tend to demonstrate a total childish behaviour. Wonder if you are even an adult… probably a teenager – at least in mind, if not in age…

  • Steeve Girard

    Lol, you people see people, and think sale… that is the old paradigme. Now, when you see people, and think thieves and lookers (which will most likely buy on the web from cheap competitors or the direct producer)… that is the new paradigme. Stores are losing lots of money when people trample stores in masses. That way of selling can become a death sentence.

    • Grumpy Pete

      You make no sense. Go take a communication class and learn how to get your point across. You probably dropped out of high school. It’s never too late to go get your GED

      • Steeve Girard

        Nope… you just do not get it. You have not gone through the collapse yourself, in the Michael C Ruppert way/definition. And you will not get it, until it’s your turn. And also I have a GED and more. I did not fake and forget it, like most people do. There are lessons that no amount of parrot repeating will teach, we have to experience it to understand.

        • Grumpy Pete

          I knew you lacked smarts. I have a good radar for those who don’t know what they are talking about. You seem to be dillusional. My question to you is – do you see dead people?

          • Steeve Girard

            Nope, no dead people. But I do see suicidal people, doing stupid decisions every day of my life. Heck I was even one of them until I fell miserably. Do you know what is worst about suicidals? They do not know they are until they find it out for themselves. They cannot have real help because the next person they will encounter is most likely exactly like them. No amount of love, forgiveness, hard work, life status or obedience can ever repair a shattered person. The only thing I did and some other people on this blog did, is to wake up, and know that this world we are in, is a faery tale.

      • HeyAHuman

        …Because you look so intelligent just popping in to hurl a few insults rather than to actually make a point lol. Get a life.

  • Grumpy Pete

    Oh no here we go again! When I was a kid I walked to school uphill both ways. Stop exaggerating and reminiscing about the good ole days. Buck up partner welcome to the 2000s.

  • MaxRockatansky33

    Friday is very liked by the islamist. So Black Friday could mean something different this time. Expect some terror attacks in this day. Hope that nothing happens.

    • No Winners

      Terrorists never strike when people are expecting. You are just spreading false fear and helping the terrorists win

      • MaxRockatansky33

        Blame Mainstream Media, not me.

  • Heinrich van Rooi

    We can clearly see this morning how a black swan event can create pressure on the markets. Michael has already point out how many times this can impact on the markets. We can clearly see an example about Russia tightens food imports control against turkey. Much of the eastern markets are in the red. So expect volatile tensions to be with usand this is so true as China an Russia just signed a deal to bypass the dollar. In fact a believe the dollar can only get stronger.

    • Grumpy Pete

      No black swan today magoo. You keep waiting for the end of the world. Go make your card board sign and sit by the side of a busy road. Then you will maybe get the attention you seek.

  • Michael Qualls

    not spending a dime on Christmas this year…We are going to celebrate Chanuka instead, and just enjoy time as a family without the non biblical tree and made up holiday. Christ was not born in the Winter as Shepherds were still in the field. So even if you wanted to celebrate Christs birth which is not biblical at all then your doing it wrong… and you are hanging an evergreen in your home like the pagans did and the Bible forbid.

  • Queen Lula the Ginihog

    really? geez. Some people…..

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