The Federal Reserve Is Not Going To Save Us From The Great Depression That Is Coming

Federal Reserve Chairman Ben Bernanke delivered his annual address to Congress on Tuesday, and he did very little to give lawmakers much confidence about where the U.S. economy is heading.  Bernanke told members of Congress that recent economic data points “suggest further weakness ahead” and that the Federal Reserve is projecting that the U.S. unemployment rate will remain at 7 percent or above all the way through the end of 2014.  Now, it is important to keep in mind that Federal Reserve forecasts are almost always way too optimistic.  The actual numbers almost always end up being much worse than what the Fed says they will be.  So if Bernanke is saying that the U.S. unemployment rate will be 7 percent or higher until the end of 2014, then what will the real numbers end up looking like?  During his testimony, Bernanke seemed unusually gloomy about the direction of the U.S. economy.  He seemed resigned to the fact that there really isn’t that much more that the Federal Reserve can do to stimulate the U.S. economy.  Yes, the Federal Reserve could try another round of quantitative easing, but the first two rounds did not really do that much to help.  The truth is that the United States is absolutely drowning in debt, and when that debt bubble finally bursts the Federal Reserve is simply not going to be able to save us from the Great Depression that will happen as a result. (Read More...)

19 Warnings About A Coming Global Financial Catastrophe

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...)

120 Powerful Pieces Of Advice For Preppers

Our world is becoming increasingly unstable, and millions of Americans are feverishly preparing for what they consider to be “the end of the world as we know it”.  In fact, it is estimated that there are now approximately 3 million “preppers” in the United States.  But for people that have never done much prepping before, getting started can be both confusing and intimidating.  In fact, I get more questions about prepping than anything else.  People are constantly asking me how they can prepare for the difficult times that are coming.  Well, in this article I have compiled 120 powerful pieces of advice for preppers.  No two situations are exactly the same, and almost every prepper approaches preparation differently, but there are some basic principles that apply to almost everyone.  And without a doubt, a lot of people that are not preparing now are going to regret it in the years ahead.  The global financial system is falling apart, the United States and Europe are absolutely drowning in debt, earthquakes and volcanic eruptions are becoming more frequent, signs of social decay are everywhere and war could erupt in the Middle East at any time.  Actually, it is absolutely amazing that there are so many people out there that still believe that “prepping” is not necessary. (Read More...)

Are They Insane? 58 Percent Of Americans Believe Economic Conditions In The United States Will Be Good A Year From Now

There is nothing wrong with being optimistic, but there is something wrong with having blind faith that things are going to get better when all of the evidence is screaming at you that things are going to get worse.  According to a brand new USA TODAY/Gallup Poll, 71 percent of all Americans consider economic conditions  in the United States to be poor right now, but an astounding 58 percent of them believe that economic conditions in the United States will be good a year from now.  So what can account for this?  Are they insane?  Are they hopelessly optimistic?  Do they not want to believe the facts that are staring them right in the face?  Well, a lot of it probably has to do with the upcoming election.  Most Republicans are convinced that things will be “better” somehow if Romney wins in November.  Most Democrats are convinced that things will “continue to improve” if Obama wins in November.  But the truth is that the economy has been declining steadily in recent years no matter which party has been in power.  Today, the American Dream is out of reach for huge numbers of formerly middle class families.  Millions of jobs continue to leave the United States, poverty is absolutely exploding and our nation is absolutely drowning in debt.  Sadly, nothing is being done to reverse the long-term economic trends that are destroying us.  So, a year from now things are not going to be any better.  In fact, many analysts are absolutely convinced that things are going to be a whole lot worse by then. (Read More...)

Have You Ever….

Have you ever wondered what our world is going to look like five or ten years down the road?  Well, today our world is changing at a pace that is faster than ever before, and the decisions that we all make right now are going to have a dramatic affect on the years ahead.  In many ways, 2012 represents a huge turning point for America.  There will be a presidential election, 33 seats in the U.S. Senate will be contested and every single seat in the U.S. House of Representatives will be up for grabs.  But the changes that are happening in America go much deeper than politics.  Anger and frustration are growing to frightening levels, and we have become a deeply divided nation.  Our affluence is rapidly crumbling and our national values are being transformed at a staggering pace.  America is drowning in debt, addicted to entertainment and full of people that think they know it all.  America is arrogant, cocky, smug, brash and full of pride.  But if we continue down the road that we are currently on, we will be greatly humbled someday.  It is just a matter of time. (Read More...)

20 Signs That Europe Is Plunging Into A Full-Blown Economic Depression

An economic nightmare is descending on Europe.  With each passing month, the economic numbers across Europe get even worse.  At this point it is becoming extremely difficult for anyone to deny that Europe is plunging into a full-blown economic depression.  In fact, some parts of Europe are already there.  In Spain the overall unemployment rate is over 22 percent, and in Greece one out of every five retail establishments has already been closed down.  All over Europe, economic activity is rapidly slowing down, unemployment is skyrocketing and bad debts are unraveling.  It isn’t even going to take a default by a nation such as Greece or a collapse of the euro to push Europe into an economic depression.  All Europe has to do is to stay on the exact path that it is on right now and it will get there.  Normally, European governments would respond to an economic slowdown by increasing government spending.  But this time most of them are already drowning in debt.  Instead of increasing government spending, most governments in Europe are actually cutting back.  All over Europe, national governments are being encouraged to implement even more tax increases and even more budget cuts.  The hope is that all of this austerity will help solve the nightmarish sovereign debt crisis that Europe is facing.  But unfortunately, all of these tax increases and budget cuts are also going to involve a tremendous amount of economic pain. (Read More...)

12 Very Disturbing Examples Of Radical Social Engineering By The U.S. Government

The control freaks that run the U.S. government are busy imposing their values on all the rest of us, and most Americans have absolutely no idea what is happening.  The Obama administration and members of Congress are engaged in radical social engineering, and they are trying to reshape America so that it conforms to their own twisted vision of “morality”.  Instead of focusing on fixing the economy and administering the government, these sick control freaks actually want to fundamentally alter what Americans believe to be right and wrong.  There is no denying that the U.S. government has a “morality agenda”, it is just not the kind of “morality agenda” that we are all used to thinking of.  Sadly, our leaders are spending huge amounts of money and going into lots more debt in an attempt to impose a certain code of morality on the American people and the rest of the world.  At a time when this nation is drowning in debt, it seems quite foolish to be spending so much money on radical social engineering programs.  But that is exactly what is happening. (Read More...)

1 Through 30 – The Coming U.S. Financial Crisis By The Numbers

The United States is drowning in a sea of red ink from coast to coast and most Americans have absolutely no idea what is about to happen.  Hopefully you have started to prepare for the coming U.S. financial crisis.  If not, hopefully this article will be a wake up call for you.  Right now, governments all over Europe are on the verge of financial implosion.  Most Americans aren’t paying much attention to that, but they should be, because what is happening to Greece and Italy right now will eventually be happening here.  Just recently, the U.S. national debt passed the 15 trillion dollar mark.  State and local government debt is also at record levels.  Tens of millions of American families are in debt up to their eyeballs, and millions more Americans fell into poverty last year.  Meanwhile, the “too big to fail” banks just keep getting larger and the Federal Reserve continues to inflate the debt bubble.  At some point this debt bubble is going to burst, and when it does it is going to unleash financial hell all over America. (Read More...)