Do not ever give up. That is one of the secrets to life. Almost everyone comes to a moment in life when things look absolutely hopeless. But those that have come through those moments know that there is always a way to turn things around. When times get tough, the tough get a backbone. Yes, a horrific economic collapse is coming and the world is going to become incredibly unstable. But the purpose of waking people up and getting them to realize what is about to happen is not so that they can shiver in fear. When a military unit gets intel that indicates that the enemy arrayed against them is far more powerful than previously thought, do they give up all hope and run away like little girls? Of course not. Instead, they use that intel to prepare for the coming battle. Only cowards give up. When you totally give up, you lose everything and the enemy wins. Our life does not consist of what we own anyway. If every single thing that you own was taken away from you, would your life be over? No! When we leave this world, we will not be remembered for what we owned. Rather, we will be remembered for how we lived. (Read More...)
2012 Will Be More Difficult Than 2011
Do you believe that 2012 will be more difficult for the global economy than 2011 was? Well, that is what German Chancellor Angela Merkel believes. The woman that has become the most important politician in Europe recently declared that 2012 “will no doubt be more difficult than 2011”. The funny thing is that she has generally been one of the most optimistic public figures in Europe throughout this debt crisis. But now even Merkel is openly admitting that 2012 is going to be a really, really bad year. Sadly, most Americans simply do not understand how important Europe is or how interconnected the global financial system has become. The United States actually has a smaller population and a smaller economy than the EU does. In fact, the EU has an economy that is nearly as large as the economies of the United States and China combined. The EU also is home to more Fortune 500 companies that the U.S. is, and the European banking system is far larger than the U.S. banking system. Anyone that does not believe that a financial collapse in Europe will have a devastating impact on the U.S. economy is living in a fantasy world. Americans better start paying attention to what is going on over there, because we are about to be broadsided by a massive financial tsunami originating out of Europe. (Read More...)
30 Statistics That Show That The Middle Class Is Dying Right In Front Of Our Eyes As We Enter 2012
Once upon a time, the United States had the largest and most vibrant middle class that the world has ever seen. Unfortunately, that is rapidly changing. The statistics that you are about to read prove beyond a reasonable doubt that the U.S. middle class is dying right in front of our eyes as we enter 2012. The decline of the middle class is not something that has happened all of a sudden. Rather, there has been a relentless grinding down of the middle class over the last several decades. Millions of our jobs have been shipped overseas, the rate of inflation has far outpaced the rate that our wages have grown, and overwhelming debt has choked the financial life out of millions of American families. Every single day, more Americans fall out of the middle class and into poverty. In fact, more Americans fell into poverty last year than has ever been recorded before. The number of middle class jobs and middle class neighborhoods continues to decline at a staggering pace. As I have written about previously, America as a whole is getting poorer as a nation, and as this happens wealth is becoming increasingly concentrated at the very top of the income scale. This is not how capitalism is supposed to work, and it is not good for America. (Read More...)
The Number One Catastrophic Event That Americans Worry About: Economic Collapse
Can you guess what the number one catastrophic event that Americans worry about is? There are certainly many to choose from. Many Americans are deathly afraid of a major terrorist attack. Others live in constant fear of natural disasters such as earthquakes, volcanoes and hurricanes. Still others are incredibly concerned that a massive pandemic will break out at any time or that World War III will erupt in the Middle East. Yes, there are certainly a lot of potential catastrophic events that one can worry about in the times in which we live, but the number one catastrophic event that Americans worry about is actually “economic collapse”. At least that is what a recent survey conducted by Leiflin Inc. for the EcoHealth Alliance found. But this goes along with what so many other polls have found over the past few years. Over and over again, opinion polls have found that the number one issue that American voters are concerned about is the economy. The truth is that average Americans are deeply, deeply concerned about unemployment, debt, the housing crash and the steady decline in the standard of living. It has been years since the U.S. economy has operated at a “normal” level, and many Americans are afraid that things could soon get a whole lot worse. (Read More...)
40 Hard Questions That The American People Should Be Asking Right Now
If you spend much time watching the mainstream news, then you know how incredibly vapid it can be. It is amazing how they can spend so much time saying next to nothing. There seems to be a huge reluctance to tackle the tough issues and the hard questions. Perhaps I should be thankful for this, because if the mainstream media was doing their job properly, there would not be a need for the alternative media. Once upon a time, the mainstream media had a virtual monopoly on the dissemination of news in the United States, but that has changed. Thankfully, the Internet in the United States is free and open (at least for now) and people that are hungry for the truth can go searching for it. Today, an increasing number of Americans want to understand why our economy is dying and why our national debt is skyrocketing. An increasing number of Americans are deeply frustrated with what is going on in Washington D.C. and they are alarmed that we seem to get closer to becoming a totalitarian police state with each passing year. People want real answers about our foreign policy, about our corrupt politicians, about our corrupt financial system, about our shocking moral decline and about the increasing instability that we are seeing all over the world, and they are not getting those answers from the mainstream media. (Read More...)
The Obama Nation: Even More Debt And Even More Store Closings
Well, it is time to raise the debt ceiling again. Right now we are about to hit the current limit of $15.194 trillion and the Obama administration is going to ask that it be raised by another 1.2 trillion dollars. Unfortunately, Congress has already promised not to stand in the way, and so soon the debt limit will be raised to a staggering $16.394 trillion. Considering how much debt we have already placed on the backs of future generations, what is another 1.2 trillion dollars? After all, if we are going to sell our children and our grandchildren into debt slavery, we might as well go all the way, right? Such is the thinking in “the Obama Nation”. During “the Obama Nation”, the federal government has already accumulated more debt than it did from the time that George Washington took office to the time that Bill Clinton took office. Of course the Bush administration was nearly as bad at piling up government debt. Between Bush and Obama (with a big helping hand from the Federal Reserve), they have done a pretty good job of wiping out the financial future of the United States. If there are future generations of Americans, they will look back and curse those that did this to them. It is absolutely immoral to steal trillions of dollars from future generations. Unfortunately, there are very, very few members of Congress that are even objecting to this madness. (Read More...)
The Worst Time Of The Year?
For a lot of Americans, this is the worst time of the year. If you don’t have any money, it can be really hard to hear others go on and on about how good “Santa Claus” was to them this year. For many, there is simply not much to be cheerful about as the year ends. There are millions of people in this country that do not have a “happy family” to spend the holidays with, there are millions of people in this country that do not have any money to spend on gifts, and there are millions of people that are either already sleeping in the streets or that are in imminent danger of losing their homes. It can be really difficult to feel “holiday cheer” when you are freezing cold and you don’t have any food in your stomach. The realization that you are not going to enjoy any of the good things that other people get to enjoy this time of the year is enough to push many people over the edge. Yes, for most of the country this time of the year is filled with food, family and fun but for millions of others this time of the year tends to magnify despair, depression and thoughts of suicide. If you are blessed as we get ready to enter 2012, please remember those out there that are really hurting. If someone does not help them, they might not make it to 2013. (Read More...)
A Very Scary Christmas And An Incredibly Frightening New Year
Can you hear that? It almost sounds like a little bit of peace and quiet. This year, the holiday season has been fairly uneventful, and for that we should be very grateful. But it isn’t going to last long. 2012 is going to be a much more difficult year for the U.S. economy and the global financial system than 2011 has been. So if things are going well for you right now, enjoy this little bubble of peace and tranquility while you can. Because while things may look calm on the surface right now, the truth is that this is a very scary Christmas for financial professionals and world leaders. Most of them know how fragile the global financial system is at the moment. Most of them know that we are living in the greatest bubble of debt, leverage and financial risk that the world has ever seen. As I wrote about the other day, world leaders would not be throwing huge bailouts around like crazy if everything was going to be just fine. The truth is that we are rapidly approaching another financial crisis that may end up being even worse than the horrific crash of 2008. (Read More...)