Global leaders have tried just about everything that they can think of, but the coming global financial catastrophe continues to march steadily toward us. We have seen “stimulus packages”, quantitative easing, bond buying, interest rate cuts, emergency economic summits, bailout packages for banks, bailout packages for entire nations, “Operation Twist”, unprecedented government intervention in business and massive amounts of new government debt and yet nothing seems to revive the global economy. In fact, it looks like we are rapidly heading into the second dip of a “double dip recession”. Unfortunately, many believe that this next dip will be more like a full-blown depression. All over the world, top economic experts are warning that we are facing an unprecedented crisis of debt and insolvency that will result in a global financial catastrophe. The eurozone is drowning in debt, the U.S. government is drowning in debt and major banks all over the globe are drowning in debt. Global authorities have been trying to patch the system together and keep it going, but the incredible damage that all of this debt has done is now becoming apparent to everyone. The global debt bubble that has fueled prosperity in the western world for the last several decades is getting ready to burst, and when that happens the chaos that will result will be absolutely horrifying. (Read More...)
Crisis
The Beatings Will Continue Until Morale Improves: 10 Ways That Obama Is Killing Jobs In America
Have you ever heard the old saying “the beatings will continue until morale improves”? According to Wikipedia, that phrase is often “used sarcastically to indicate the counterproductive nature of such punishment or excessive control over subordinates such as staff in the workplace or children living at home.” Well, apparently Barack Obama believes that the more punishment that he inflicts on the U.S. economy the more we will like him. What other explanation is there for his insane economic policies? The truth is that Barack Obama is killing jobs in America. His regulations are absolutely crippling our businesses, he has been heavily promoting new job killing “free trade” agreements, Obamacare has the potential to be the most job killing law of all time, and he is running up debt that will crush job creation in this country for ages to come. Obama will likely go down as the most anti-business president in U.S. history. He has presided over the worst “recovery” from a recession in post-World War II history, and under his leadership a whole host of economic statistics have steadily gotten worse. The percentage of working age Americans that have jobs has not bounced back since the end of the last recession, and now the next major economic crisis is rapidly approaching. (Read More...)
18 Statistics That Prove That The Economy Has Not Improved Since Barack Obama Became President
Has the economy improved since Barack Obama became the president of the United States? Of course not. Despite what you may be hearing in the mainstream media, the truth is that when you compare the U.S. economy on the day that Barack Obama was inaugurated to the U.S. economy today, there is really no comparison. The unemployment crisis is worse than it was then, home values have fallen, the cost of health insurance is up, the cost of gas is way up, the number of Americans living in poverty has soared and the size of our national debt has absolutely exploded. Anyone that believes that things are better than they were when Barack Obama was elected is simply being delusional. Yes, things have stabilized somewhat and our economy is not in free fall mode at this point. But don’t be fooled. This bubble of false hope will be short-lived. The problems we are seeing develop in Europe will erupt into another full-fledged global financial crisis and economic conditions in the United States will get even worse. When that happens, what possible ” economic solutions” will Barack Obama have for us? We never even came close to recovering from the last great financial crisis, and now something potentially even worse is staring us in the face. This is not a great time to have a total lack of leadership in Washington. (Read More...)
Major Earth Changes Coming? Earthquakes Are Becoming Much More Frequent And Much More Powerful
Are earthquakes becoming more frequent and more powerful? With only two months to go, we are on pace to have more earthquakes of magnitude-5.0 or greater this year than we have had during any other year over the past decade by far. In fact, as you will see in this article, since the year 2000 there has been a very clear upward trend in the number of major earthquakes. So is this an indication that major earth changes are coming? Is our planet becoming increasingly unstable? We are currently witnessing tremendous political, social and financial upheaval all over the globe. Every week the economic crisis in the United States and elsewhere seems to get even worse. So what is going to happen if the shaking of the earth becomes even more intense and major cities all over the planet start getting leveled? For most of human history we have seriously underestimated the awesome destructive power of natural disasters, and the fact that the number of earthquakes around the world seems to be going up consistently should be a huge wake up call for all of us. (Read More...)
Things Are So Bad In America That Now Even Sesame Street Muppets Are Poverty-Stricken And Hungry
Big Bird, Elmo, Cookie Monster, Bert and Ernie are about to get a new friend. This new character comes from a family that is poverty-stricken and that struggles to get enough food. She is going to teach the other residents of Sesame Street the facts about hunger in America. Her name is Lily, and she will be appearing on a special one hour primetime special of Sesame Street that will focus on the plight of hungry children all over the nation. You can see video of this new Sesame Street character right here. This is yet another sign that things are so bad in America that nobody can really deny the reality of what is happening anymore. When you have more than one out of every five children living in poverty and one out of every four children on food stamps, it would be an injustice to call it anything less than a national crisis. Our economy is dying because of our foolishness and our children are paying the price. (Read More...)