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

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12 Charts That Show The Permanent Damage That Has Been Done To The U.S. Economy

12 - Public DomainMost people that discuss the "economic collapse" focus on what is coming in the future.  And without a doubt, we are on the verge of some incredibly hard times.  But what often gets neglected is the immense permanent damage that has been done to the U.S. economy by the long-term economic collapse that we are already experiencing.  In this article I am going to share with you 12 economic charts that show that we are in much, much worse shape than we were five or ten years ago.  The long-term problems that are eating away at the foundations of our economy like cancer have not been fixed.  In fact, many of them continue to get even worse year after year.  But because unprecedented levels of government debt and reckless money printing by the Federal Reserve have bought us a very short window of relative stability, most Americans don't seem too concerned about our long-term problems.  They seem to have faith that our "leaders" will be able to find a way to muddle through whatever challenges are ahead.  Hopefully this article will be a wake up call.  The last major wave of the economic collapse did a colossal amount of damage to our economic foundations, and now the next major wave of the economic collapse is rapidly approaching. (Read More....)

Serious Financial Trouble Is Erupting In Germany And Japan

Stock Market Collapse - Public DomainThere are some who believe that the next great financial crash will not begin in the United States.  Instead, they are convinced that a financial crisis that begins in Europe or in Japan (or both) will end up spreading across the globe and take down the U.S. too.  Time will tell if they are ultimately correct, but even now there are signs that financial trouble is already starting to erupt in both Germany and Japan.  German stocks have declined 10 percent since July, and that puts them in "correction" territory.  In Japan, the economy is a total mess right now.  According to figures that were just released, Japanese GDP contracted at a 7.1 percent annualized rate during the second quarter and private consumption contracted at a 19 percent annualized rate.  Could a financial collapse in either of those nations be the catalyst that sets off financial dominoes all over the planet? (Read More....)

There Will Be Pestilences: Why Are So Many Deadly Diseases Breaking Out All Over The Globe Right Now?

Earth - Our World - Public DomainEbola, Marburg, Enterovirus and Chikungunya - these diseases were not even on the radar of most people coming into 2014, but now each one of them is making headline news.  So why is this happening?  Why are so many deadly diseases breaking out all over the world right now?  Is there some kind of a connection, or is the fact that so many horrible diseases are arising all at once just a giant coincidence?  And this could be just the beginning.  For example, there are now more than a million cases of Chikungunya in Central and South America, and authorities are projecting that there will be millions more in 2015.  The number of Ebola cases continues to grow at an exponential rate, and now an even deadlier virus (Marburg) has broken out in Uganda.  We have gone decades without experiencing a major worldwide pandemic, and many people believed that it could never happen in our day and time.  But now we could potentially see several absolutely devastating diseases all racing across the planet at the same time. (Read More....)

Why Won’t Obama Ban Air Travel From Countries Where Ebola Is Out Of Control?

Plane Landing - Public DomainWhy does Barack Obama refuse to take even the most basic steps to protect Americans from Ebola?  Even though it has already been demonstrated that Ebola can be brought over to the United States by a passenger on an airplane, Obama refuses to do anything that would even restrict air travel from nations where Ebola is spiraling out of control.  Back in September, Obama said that it was "unlikely" that any individual with Ebola could get through the "extensive screening" at our airports and pose a threat to the general population.  But he was wrong.  That has already happened.  And yet the official White House position is that there is "no consideration of a travel ban" at this point.  What possible explanation is there for such gross negligence? (Read More....)

During An Ebola Pandemic All Of Your Rights Would Essentially Be Meaningless

Prison Fence - Public DomainIf there is a major Ebola pandemic in America, all of the liberties and the freedoms that you currently enjoy would be gone.  If government officials believe that you have the virus, federal law allows them to round you up and detain you "for such time and in such manner as may be reasonably necessary."  In addition, the CDC already has the authority to quarantine healthy Americans if they reasonably believe that they may become sick.  During an outbreak, the government can force you to remain isolated in your own home, or the government may forcibly take you to a treatment facility, a tent city, a sports stadium, an old military base or a camp.  You would not have any choice in the matter.  And you would be forced to endure any medical procedure mandated by the government.  That includes shots, vaccines and the drawing of blood.  During such a scenario, you can scream about your "rights" all that you want, but it won't do any good. (Read More....)

The Economic Implications Of A Potential Ebola Pandemic In The United States

Fear Of Ebola - Public DomainFor the moment, our top public health officials are quite adamant that there absolutely will not be a major Ebola outbreak in the United States.  But what if they are wrong?  Or what would happen if terrorists released a form of weaponized Ebola or weaponized smallpox in one of our major cities?  What would such an event do to our economy?  I think that we can get some clues by looking at the economic collapses that are taking place in Liberia, Guinea and Sierra Leone right now.  When an extremely deadly virus like Ebola starts spreading like wildfire, the fear that it creates can be even worse for a society than the disease.  All of a sudden people don't want to go to work, people don't want to go to school and people definitely don't want to go shopping.  There are very few things that can shut down the economy of a nation faster.  Considering the fact that our big banks are being more reckless than ever, we better hope that we don't see a "black swan event" such as a major Ebola outbreak come along and upset the apple cart.  Because if that does happen, our Ponzi scheme of an economy could implode really quick. (Read More....)

Ebola In America: The Confirmed Case In Dallas, Texas Could Change Everything

United States Map On A Globe - Public DomainThe day that many of us hoped would never arrive is here.  Ebola has come to America.  Air travel between the United States and the countries of Liberia, Guinea and Sierra Leone should have been totally shut down except for absolutely essential personnel but it wasn't.  And now our nation may end up paying a great price as a result.  On Tuesday, the CDC announced that there is a confirmed case of Ebola in Dallas, Texas.  We know that this individual is a male and that he traveled by air from Liberia to Texas on September 19th.  At that time, he was not exhibiting any symptoms.  It is being reported that he started developing symptoms on September 24th and that he sought out treatment two days later.  Incredibly, he was turned away and sent home.  Then on September 28th he went to a hospital again and this time he was admitted for treatment.  That means that he could have potentially been spreading Ebola to others for at least four full days before finally getting treated at a hospital.  Now he is in intensive care at Texas Health Presbyterian Hospital in Dallas.  The CDC says that "there is no doubt that we will stop it here" and is promising that "it will not spread widely in this country".  The CDC better be right on both counts. (Read More....)

The U.S. Government Is Borrowing About 8 Trillion Dollars A Year

National Debt - Public DomainI know that headline sounds completely outrageous.  But it is actually true.  The U.S. government is borrowing about 8 trillion dollars a year, and you are about to see the hard numbers that prove this.  When discussing the national debt, most people tend to only focus on the amount that it increases each 12 months.  And as I wrote about recently, the U.S. national debt has increased by more than a trillion dollars in fiscal year 2014.  But that does not count the huge amounts of U.S. Treasury securities that the federal government must redeem each year.  When these debt instruments hit their maturity date, the U.S. government must pay them off.  This is done by borrowing more money to pay off the previous debts.  In fiscal year 2013, redemptions of U.S. Treasury securities totaled $7,546,726,000,000 and new debt totaling $8,323,949,000,000 was issued.  The final numbers for fiscal year 2014 are likely to be significantly higher than that. (Read More....)

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