This article was written by Michael Snyder and originally published at his Economic Collapse blog.
Editor’s Comment: Collapse will ultimately mean riots, civil unrest, hungry people, FEMA centers to deal with the crisis, and humanity eroded away, dignity a rare premium. If any or all of these nexus points in the global economy fall, they will inevitably see a police state rise up over night, and the populations will take a haircut, and take a chance at completely bottoming out.
Although SHTF has written about the coming economic collapse, it never clear when it may become a reality. Likely it is gradual, and comes in stages. The nation’s finances have been a game of music chairs orchestrated by the Fed; the politics a sham of choosing which dictator to turn the country into debased mess of mobs, anger and hate.
Independently, there is a chance of withdrawing from society and re-establishing on the basis of communities and areas with respect for people, but there many layers to fight with local, state and federal “authorities.” But self-reliance offers a form of stability that is not easily done away with, and those who build up and buy into their own independence help to better the conditions in general as well, and could influence more to tend towards freedom.
Economic Collapse Is Erupting All Over The Planet As Global Leaders Begin To Panic
by Michael Snyder
Mainstream news outlets are already starting to use the phrase “economic collapse” to describe what is going on in some areas of our world right now. For many Americans this may seem a bit strange, but the truth is that the worldwide economic slowdown that began during the second half of last year is starting to get a lot worse. In this article, we are going to examine evidence of this from South America, Europe, Asia and North America. Once we are done, it should be obvious that there is absolutely no reason to be optimistic about the direction of the global economy right now. The warnings of so many prominent experts are now becoming a reality, and what we have witnessed so far are just the early chapters of a crushing economic crisis that will affect every man, woman and child in the entire world.
Let’s start with Brazil. It has the 7th largest economy on the entire planet, and it is already enduring its worst recession in 25 years. In fact, at the end of last year Goldman Sachs said that what was going on down there was actually a “depression“.
But now the crisis in Brazil has escalated significantly.
I want to share with you an excerpt from a recent article entitled “Brazil: Economic collapse worse than feared“. I know, that title sounds like it comes directly from The Economic Collapse Blog, but I didn’t write it.
It actually comes from CNN…
Amid political chaos, Brazil’s economic collapse is worse than its government once believed.
In the midst of rising calls to impeach President Dilma Rousseff, Brazil’s central bank announced Thursday that it now expects the country’s economy to shrink 3.5% this year.
That’s worse than the central bank’s previous estimate for a 1.9% contraction. The darker forecast matches what the International Monetary Fund projected for Brazil — Latin America’s largest country — and what many independent economists have suspected.
It is one thing for Michael Snyder to tell you that Brazil is in the midst of “economic collapse”, but it is another thing entirely for CNN to say it.
And of course I have been warning about the crisis down in Brazil for quite some time now. For much more on this, please see my previous article entitled “The Economic Collapse Of South America Is Well Underway“.
Meanwhile, things are actually much worse in Venezuela than they are in Brazil. Food and basic supplies are in short supply, the inflation rate has hit 720 percent, and crime is completely out of control.
The following is from an article in the Independent entitled “Venezuela is on the brink of complete economic collapse“…
The only question now is whether Venezuela’s government or economy will completely collapse first.
The key word there is “completely.” Both are well into their death throes. Indeed, Venezuela’s ruling party just lost congressional elections that gave the opposition a veto-proof majority, and it’s hard to see that getting any better for them any time soon — or ever.
Incumbents, after all, don’t tend to do too well when, according to the International Monetary Fund, their economy shrinks 10 percent one year, an additional 6 percent the next, and inflation explodes to 720 percent. It’s no wonder, then, that markets expect Venezuela to default on its debt in the very near future. The country is basically bankrupt.
Once again we see a very respected mainstream publication using the phrase “economic collapse” to describe what is happening in South America.
You can find some stunning video of the “economic Armageddon” that is taking place in Venezuela right here. I would encourage you to watch that video, because what is happening down there will eventually be happening here.
Meanwhile, over in Europe the collapse of the Italian banking system has entered a disturbing new chapter. Italy’s finance minister has called a meeting in Rome for Monday that will be focusing on a “last resort” bailout plan for the troubled banks…
Finance minister Pier Carlo Padoan has called a meeting in Rome on Monday with executives from Italy’s largest financial institutions to agree final details of a “last resort” bailout plan.
Yet on the eve of that gathering, concerns remain as to whether the plan will be sufficient to ringfence the weakest of Italy’s large banks, Monte dei Paschi di Siena, from contagion, according to people involved in the talks.
Italian bank shares have lost almost half their value so far this year amid investor worries over a €360bn pile of non-performing loans — equivalent to about a fifth of GDP. Lenders’ profitability has been hit by a crippling three-year recession.
As Italy descends into financial chaos, the rest of the continent better be paying attention.
Do you remember how hard it was for the rest of Europe to rescue Greece?
Well, Greece has the 44th largest economy on the planet.
Italy has the 8th.
It would be hard to overstate the seriousness of what is going on over in Europe, and it is not just Italy we are talking about. All over the continent major banks are in deep trouble, and the chairman of France’s second largest retail bank recently told reporters that “I am much more worried than I was in 2009“.
And there is very good reason for concern. On Sunday, we learned that a major “bail-in” had just been announced for one of Austria’s most prominent banks. The following comes from Zero Hedge…
And then today, following a decision by the Austrian Banking Regulator, the Finanzmarktaufsicht or Financial Market Authority, Austria officially became the first European country to use a new law under the framework imposed by Bank the European Recovery and Resolution Directive to share losses of a failed bank with senior creditors as it slashed the value of debt owed by Heta Asset Resolution AG.
The highlights from the announcement:
Today, the Austrian Financial Market Authority (FMA) in its function as the resolution authority pursuant to the Bank Recovery and Resolution Act (BaSAG – Bundesgesetz über die Sanierung und Abwicklung von Banken) has issued the key features for the further steps for the resolution of HETA ASSET RESOLUTION AG. The most significant measures are:
- a 100% bail-in for all subordinated liabilities,
- a 53.98% bail-in, resulting in a 46.02% quota, for all eligible preferential liabilities,
- the cancellation of all interest payments from 01.03.2015, when HETA was placed into resolution pursuant to BaSAG,
- as well as a harmonisation of the maturities of all eligible liabilities to 31.12.2023.
According to the current resolution plan for HETA, the wind-down process should be concluded by 2020, although the repayment of all claims as well as the legally binding conclusion of all currently outstanding legal disputes will realistically only be concluded by the end of 2023. Only at that point will it be possible to finally distribute the assets and to liquidate the company.
The dominoes are starting to fall in Europe, and I would expect even bigger announcements in the weeks and months to come.
Over in Asia, economic chaos is beginning to prevail as well.
In China, the stock market is already down more than 40 percent from the peak, Chinese exports were down 25.4 percent on a year over year basis in February, and Chinese economic numbers overall have not been this poor since the depths of the last global recession.
At the same time, the Japanese economy is really struggling right now. As I wrote about the other day, Japanese GDP has shrunk for two out of the last three quarters, we just saw Japanese industrial production experience the biggest one month decline that we have witnessed since the tsunami of 2011, and business sentiment has fallen to a three year low. The Nikkei has dropped by about 5,000 points from where it was last summer, and some analysts believe that Japanese markets “are being destroyed” due to massive intervention by the Bank of Japan.
Here in the United States, we haven’t been hit quite as hard as the rest of the world just yet, but there are lots of very disturbing warning signs all around us.
At the end of last week, we learned that it is being projected that U.S. GDP will have grown by just 0.1 or 0.2 percent during the first quarter of 2016. And on Monday corporate earnings reporting season begins, and it is expected to be a very, very bad one. The following comes from Business Insider…
We are about to get confirmation that earnings growth for America’s biggest companies was negative in the first quarter, compared to the same period a year ago.
When aluminum giant Alcoa releases its results on Monday, it will mark the unofficial start of the heaviest reporting season for S&P 500 companies.
The final scoreboard is expected to show a 9.1% earnings drop for the quarter, according to FactSet senior earnings analyst John Butters.
If these projections turn out to be accurate, it will be the fourth quarter in a row of earnings declines. This is something that we never see outside of a recession.
And for a whole bunch more numbers which indicate that the U.S. economy is in very serious trouble, please see my previous article entitled “19 Facts That Prove Things In America Are Worse Than They Were Six Months Ago“.
Of course I am just another voice in the crowd when it comes to predicting that the U.S. economy is headed for rough times. For example, just check out what Societe Generale economist Albert Edwards is saying…
A tidal wave is coming to the US economy, according to Albert Edwards, and when it crashes it’s going to throw the economy into recession.
…the profit recession facing American corporations is going to lead to a collapse in corporate credit.
“Despite risk assets enjoying a few weeks in the sun our fail-safe recession indicator has stopped flashing amber and turned to red”
Whole economy profits never normally fall this deeply without a recession unfolding. And with the US corporate sector up to its eyes in debt, the one asset class to be avoided — even more so than the ridiculously overvalued equity market — is US corporate debt. The economy will surely be swept away by a tidal wave of corporate default.
As you can see, it isn’t just one nation or one region of the world that we need to be concerned about.
Economic chaos is erupting literally all over the planet, and global leaders are starting to panic.
Unfortunately, they have had seven years to try to fix things since the last global recession, and they didn’t get the job done. Anyone that believes that by some miracle they will be able to pull us out of the fire this time and that everything will somehow be okay is simply engaged in wishful thinking.
*About the author: Michael Snyder is the founder and publisher of The Economic Collapse Blog. Michael’s controversial new book about Bible prophecy entitled “The Rapture Verdict” is available in paperback and for the Kindle on Amazon.com.*
Michael T. Snyder is a graduate of the University of Florida law school and he worked as an attorney in the heart of Washington D.C. for a number of years.
Today, Michael is best known for his work as the publisher of The Economic Collapse Blog and The American Dream.
If you want to know what is coming and what you can do to prepare, read his latest book Get Prepared Now!: Why A Great Crisis Is Coming & How You Can Survive It
The world has a case of dysentery and the USA is feeling an upset stomach.
The Economic numbers will be massaged until they mean nothing.
They already mean nothing,,
Havent for a while now
It is time let it happen so we can get started rebuilding it.
Let’s get it over with…
Same shit, new day.
Sarge, when it’s rebuilt it will be into the New World Horror. Individual rights are dying; behold the collective. Resistance is futile. We will be assimilated.
Justice: you nailed it. This all about the collectivist, communist BS. I just watched the movie, “Insurgent.” What am I? One of the divergent that will never fully comply. An outrider. A wildcard. Living on the edge. I don’t care what people call me but I will never submit to anyone and that makes me dangerous.
I will not assimiliate. Kill me first. I refuse.
Not every country will bow to the NWO. The dumbed down masses will succumb, but there will rise up a resistance by those fed up enough to fight back.
How can Alcoa be in trouble? The assholes spray us with aluminum more than ever I’m sure they are one of the biggest users (mil/spooks). Maybe because russia won’t allow their death spray over there so the market shrunk? Or maybe Alcoa doesn’t supply them hmmmm. There will be no rebuilding by us as long as the military is around with all it’s yes man, no brain asslickers. Doesn’t matter if a bunch of them defect, the rest will control all the hardware and they will seek and destroy you.
Maybe the safest way to illegally dump toxic waste . Is to spread it out by air?
Or through the local water supply (i.e. fluoride a byproduct of aluminum production).
LIARS CAN FIGURE & FIGURES CAN LIE — AND DO IN D.C.
This nation deserves every bit of suffering it’s experiencing, because it’s SO RACIST, STUPID & COWARDLY !
Only when citizens of the 99% hold their nose, unite & turn their
380 MILLION LICENSED GUNS on the WEALTHY .1% will we LIVE.
I hear your frustration, but the solution you espoused has been used many times in history.with little improvement, just a new set of one percent steps in. If the United States has any chance it is for the people to quit playing the Big game… not hope for “good” Bigs. It is not in human nature to be a good “Big”.
The solution is for the rest of us to create self-sufficiency and sneer at the made in China baubles offered by the Bigs to ensnare you in their system. They can’t play without our cooperation. Period. It was ever so… it is because we buy into some perceived bauble that is worth the loss of freedom. Problem is, the bauble is an illusion every time. Get your behind in gear and work toward self-sufficiency in whatever way works for you.
The larger percentage of people who are self-sufficent, the more resilient our country is. I suggest you read Tipping Point, an awesome book.
The Bigs want you to believe they are the only option. They are the 62 and they live out of our labor. Give your labor to yourself and your family.
I watched “Animal House” on TV last weekend. Remember that scene towards the end of the movie, where Kevin Bacon, dressed in a ROTC uniform, is waving his hands and yells to the crowd, “Don’t worry – all is well”. A minute later, the crowd tramples him.
In the current analogy, Kevin Bacon’s character represents the Fed and our (US) economy.
E71: guess who is meeting with the head of the Fed. today? Yep. Janet Yellen is meeting, privately, with Obama and Biden.
Quote from above article: “As of this moment the world wonders, rightfully so, why Obama has to meet with Janet Yellen in private and just what information is so important that it can only be said behind closed doors. Perhaps sensing this confusion, White House spokesman Josh Earnest apologetically noted that President Obama “cares deeply about preserving both the appearance of and the fact of the independence of both the Federal Reserve” and Fed Chair Janet Yellen, White House Press Sec. Josh Earnest tells reporters in briefing; he added that he wouldn’t anticipate “even in a confidential setting” that Obama “would have a conversation” with Yellen “that would undermine” the ability to make “critical financial decisions independently.”
Makes me go “hmmm.”
I see that Steve Quayle is reporting that China is going to announce a gold backed yuan on the 19th. Who knows, if it’s true then look out willis! I could write a book on the ramifications of it and none of it is good for us. A new doom date… WOOOOT!
Genius: no comment on Quayle.
Ya I know lol, just sayin’
Copy that. Thanks for the intel!
Interesting link Philo, thanks for posting.
I can just envision young Josh Earnest up there on the stage doing his spin. His tap-dancing would put Fred Astaire to shame.
E71: yes, that is a nice way to describe him.
I have posted the link to an Animal House scene several times on this BB of Otter telling Founder, after destroying his brothers Lincoln, “Flounder, you can’t go around crying over what happened”, ‘Ya fucked up”, “You trusted us”.
The above dramatizes the relationship the US citizenry has had with its government for at least 75 years, maybe more.
Great movie, a classic.
“Do the Bluto.”
Neidermeyer: [to Flounder] Redo those buttons! Dress that belt buckle! Straighten that cap! And goddamn it, tuck up those pajamas! Attention! Eyes front! What’s that on your chest, mister?
Flounder: It’s a pledge pin, sir.
Neidermeyer: A PLEDGE PIN?!?! … On your UNIFORM?!! Just tell me, mister, what fraternity would pledge a man like you?
Flounder: It’s a Delta pin, sir.
Boon: [Niedermyer is abusing Flounder in ROTC] Vicious mother, isn’t he?
Otter: He can’t do that to our pledges!
Boon: Only we can do that to our pledges.
Two words: Gordon – Brown. The former British prime minister was the architect of the global bailouts (“I saved the global economy”. He set all this up. The question is: why? Why QE? Why record wealth inequality? Only he can tell us, but, being British, he does not feel he has to answer the public for his actions.
I believe Tony Blair sold the United Kingdoms gold when it was at or below $300 an oz to the banksters. Shortly thereafter it took off in value. Like Clinton, a charming demeanor and nice smile carry’s more weight with the electorate than actions they actually perform. There are many former highly paid Industrial workers that love Bill Clinton. You can’t reason with people incapable of reasoning.
Frank Thoughts – no one believes you. You have still to prove whereabouts you were when frisked by Border guards wearing hijabs. There’s still $1,000 on the table if you can prove that.
Gordon Brown, being British, doesn’t feel the need to answer to the public – neither do you! As usual you spout nonsense.
None of this will happen here. Hellory and Slanders will save us. Just ask the folks that are voting for them.
Feel the Bern!!!!! It will be more like feel the BURN!!!!!
Talk to a gun dealer today when I went to pick up some more P.M’s, 45 Cal and 223 Cal. P.M.’s. He told me that the distributers he gets his AR’s from told him to stock up now because if Hellory or The Bern gets into office the prices will more than likely triple. He also told him to stock now on mags over 10 rounds. Also talked to a guy I picked up an 18″ upper from (he manufactures them),. That he was told and has already seen a increase in prices on the parts he gets to build the uppers.
Collapse It may come no matter who is in the White House. So If you are waiting to get an AR better do it now!!!!!!!!!!!!!!
Why would anyone wait?
Guess everyone has their reasons
My GF doesnt get it,,
Her family overwhelmingly are democrats, typical over here,,
Shell get it when hitlery gets elected and tries to pull an Australia confiscation.
I love her but i dont care enough about anyone to give up any of my hardware, i would rather die in a firefight than simply hand over my AR platform and mag fed rifles to make someone feel like im doing the right thing within the law. Im tired of the push push push poke poke poke, one day somebody is gonna pull back a stump
She needs to go to the range with you. You need to make her go to the range. If she won’t go send her on her way because that relationship won’t last anyway.
No need to send her on her way. You would loose more than you gain. Especially if you known her for a long time and you have something together. Trust!
I would buy her, her own baseball bat, Metal baton, hatchet, sword, knife or something of the sort. Then say that is what you have to defend yourself with. She will probably set it in a corner or a place where she would know where it is.
Continue on with life. After the first bad encounter she may change her mind.
Kula, get her on Ginko Biloba herb asap 🙂
Kula – my ex is the same way. He’s a lifelong dem too. Though he is a gun owner, it is hard to say what he’ll do if an attempted confiscation comes around. He also believes that the government will take care of him and his new family if – not when – something happens. He doesn’t believe anything bad is going to happen because the government says so. I’m still wondering how I survived 36 years with him.
Kula- Can you interest her in skeet shooting or archery? I got interested in target sports through archery. I still consider it a pure sport.
This is why we have a sex position called Anal Sex.
Free Trade and a de-regulated Financial Sector have contributed greatly to our economic ills, actually its the leading causes. You can’t lump Sanders in with Hillary, or Cruz or Rubio either as Sanders has spoke greatly about it.
K2: I agree. This is turning into a battle between the globalists and the nationalists. I think both Sanders and Trump are nationalists with opposing views. With regard to Hilliary and Cruz, I consider both of them to be globalists with basically the same point of view. Exploit everyone and everything so that your family continues as part of the oligarchic structure and increases its wealth. At this point I think the globablists are winning. I also think they are arrogant which makes them vulnerable.
I see Trump and Sanders having more in common with each other, Trade, use of the US Military / relations with Russia then either have with their respective party opposition. The Republican v Democrat is designed to have the dog chase his tail and accomplish as much. Both feed off of the same source.
The fact that “The Establishment” is hindering both speaks volumes.
K2: We are in agreement.
Relax Sgt. The whole country has been buying all the guns and ammo the world can get to us for 8 years now. I don’t think it’s possible for most of use to store any more stuff. With a few exceptions, mostly 22, and even that’s getting back on the shelves, even the gun stores are loaded to the gills with guns and ammo. I just spent 2 months going around the country and there are more Bass Pro’s, Cabellas and Sportsman’s Warehouses than ever before. It’s incredible the amount of ammo and guns they have..
Isn’t Obullshit and Blowden having a big meeting with Shoutten today? What are they planning with the economy? Negative interest rates??????
Sgt, I posted links but they are in “moderation.”
So far nothing in the MSM about this meeting.
Given past actions the powers that be will continue to be protected. They will also continue to kill the middle class and seize assets. Wait, it isn’t called confiscation in the USSA, it is called an orderly transfer of unproductive assets into the hands of those that are considered most capable of transforming what was an unproductive asset into a productive asset. What is the end goal? For every centralized government the end goal is control. What is the easiest way to control people? To control their access to money and their access to food.
I think these bastards want to implode the entire f*cking economy so they will have an excuse to enact a cashless society where you either comply or you live off the grid, off the system.
Once again, I hope I am wrong.
I was wondering if it was you that posted this yesterday. Your thunder you get the credit. I’ve been busy find out how much The Feds are going to rape me this year on taxes. I also found out I have to pay $235.00 a pay for taxes. What a frigging scam.
Again thanks for you info. I’ll be looking for the link.
I posted links from Zerohedge about Obama and Biden’s meeting with Janet Yellen.
Heads up. There are a number of cities that are going to end up insolvent which will affect public employee pensions. This is a hidden time bomb and the only place I have seen that posts information about this, on a regular basis, is Zerohedge.
People that belong to public employees unions and are part of a pension plan need to know that those invested funds are being exploited and while some people are making bank (now) the people that expect to receive payments in retirement may wake up to find those payments cut in half without much notice.
When the US economy implodes and goes belly up, who is going to rescue the US? No one. Most of the world would cheer and I think that Obama and his crowd would cheer as well. The lefty commies think we are all rich and deserve to starve, freeze, or die. According to them, anyone that lives or was born in the US “is” the one percent.
About taxes I am thinking you have me mixed up with someone else. No worries and keep up the good fight!
“Most of the world would cheer and I think that Obama and his crowd would cheer as well.
From the economic perspective, the world can rock the US economy. Conversely the US falls it takes the entire world economy with it. No sane person, regardless how jealous with the US unique “privilege” of literally making its own money, would relish chaos and poverty just to see the empire collapse.
Many look domestically at the ramifications of such global economic disorder, “How does it effect us”?That might be the least of concerns as the liable outcome is extreme global intergovernmental tensions with catastrophic results. A poor decision or two made here and there, against them and them, coupled with alliances, have a high probability of kick starting a world war. Once started they take on a life, better said death, of their own. No one would be the victor, all losers, those that survive of course.
Obama plans nothing as he is not in charge. Say it ain’t so Joe exists to protect Obama. Never put a successor in line to the throne that the master thinks highly of.
The person whoa has most recently screwed you becomes The Last of the BOHICANS.
The main cause of the upcoming collapse is caused by corporate greed. No? Or is it too many people? Or too many greedy people.
Specifically Free Trade and Financial Section de-regulation. Of course you follow the money so its goes up to the bankers.
Kunstler: The Mystery Revealed
must read column by Kunstler
he nails it but good
I liked this article better.
CLUSTERFUCK NATION – BLOGMarch 28, 2016
The Great Nausea
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“Historians of the future, roasting rat kabobs over their campfires, will look back at the year 2016 and marvel at the death throes of the zombie republic that died eating its own brains. This grotesque Deep State lumbers from one misadventure of governance to the next consuming its prospects for a plausible future in a fugue of autophagy, inducing the great nausea that now settles over the land.
President Trump — really? We would be lucky if it only resulted in a revolt of the generals, and there goes 200-plus years of institutional heritage. Yet it cannot be denied that the Deep State needs to be kicked to the curb, stomped, water-boarded, and hung out to dry. The sad part is that the job might have been done by men of character, but incredibly the long-vaunted baby boomer generation did not manage to produce any, nor the so-called Gen-X now coming into its own power. And if such hypothetical figures do exist, why are they hiding in the thickets of public life?
Well, there is Bernie, after all. Credit must be given to this lone crusader for at least opposing the avatar of the Deep State, she whose “turn” must not be denied in the rotating management of rackets-and-grift that our politics have sunk to. He thrashed her roundly in the three primary contests over the weekend — so badly in the vote count that she may be suffering an existential hangover as I write. The fabled Democratic Party super-delegates may also be going through a dark night of the soul as they study the intractable anti-charisma of Hillary. Much as I admire Bernie’s chutzpah, his particular Old Left theories of wealth redistribution do not convince me — though the management of our dwindling capital surely lies at the heart of our problems. His nomination would go down in the Ripley’s Believe-It-Or-Not annals of the world’s greatest improbabilities.
Otherwise, the latest meme spreading across the web wires is how deeply the voters divide by sex: men flocking around Trump (or Machine Gun Ted Cruz), and the ladies standing at each mighty column of Hillary’s azure pant-suit. Yes, a national war of the sexes. Just what we need with all our shit falling apart. This sorry diversion results not from the triumph of feminism, as widely believed, but actually from the failure of American manhood. Proof of that, of course, is the ascendance of Trump, this punch-line of a political leader with all the gravitas of a hood ornament. History repeats itself, first as tragedy, second as farce — thank you, Karl Marx, O peevish mischief-maker squirming upon your fabled boils!
Finally, what will take the Deep State down is not some lance-wielding armored savior on a white horse but the awful undertow of financial implosion that awaits as the seasons of 2016 turn. When faith in our money and the instruments represented in it goes, look out below. There are so many rifts in the international banking system that the vista begins to look like the spring ice break-up on the Lake of Nations. When the grifters can’t cash their checks — or move their pixels into the accounts receivable column — they will be immobilized. Of course, if that happens, so will everything else, including your ability to buy any more frozen pizzas.
Trump, Cruz, Hillary, and Bernie are signs that this poor paralyzed country needs to go through a convulsion to flush out all the toxic idiocy of this historical moment. Trigger warning: it may be the messiest revolution in history when it finally comes, there is so much dross to clear out of the system. Trump and Hillary are like two giant fistulas obstructing the national bowel. Of course, a lot of sentient Americans do not want their nation dying on the toilet like Elvis. The indignity of it! In the name of the founding fathers, please, someone, fetch the enema bag.
Events still lie hidden like bear traps on the path to “Decision 2016” as they like to say on the cable networks. Somewhere in London, Singapore, Shanghai, or New York, a 25-year-old coked-out Forex trader is going to tap the untoward keystroke that brings down a derivatives avalanche… or two brothers of Allah in some Berlin row-house will go forth one bright morning in vests of Semtex… and finally enough will be enough.”
Former CO GOP Chair: Message We’re Sending Is “Your Vote Doesn’t Matter And Your Voice Doesn’t Count”
I can’t say I’m a big fan of Trump
but this sort of thing is DIRTY politics to the max
the RNC will lie cheat and steal to keep Trump from being the Republican presidential candidate
who was it who said something to he effect that if voting really mattered they wouldn’t let us do it ?
Nicole Foss Interview on Peak Oil, Financial Crisis, Resilience, and More
Dude looks like a lady.
Looks like Rod Stewarts evil twin.
this is part of why I am simplifying now. Everything designed for a simpler life. Sustainable. Unless you tech guys figure out a whole new cheap energy. Tptb and stealing all assets for themselves, though.
I think the whole system busted in 2008, this is just the wind down.
Running as fast as I can to a simpler life.
Don’t forget Snyder’s RED ALERT! Guaranteed to collapse before 2015 is over!
just a heads up
Surveillance cameras sold on Amazon infected with malware
I look at America as being in a soft collapse. The only thing that separates us from other collapsing shit holes is we are still eating due to ebt. A lady was telling my wife that she has family in Greece she said people are eating out of the garbage. The only reason it isn’t ugly is because people are living on programs and credit for now. The facade is holding up for now. That’s all it is. Americans are broke. We do not have the stats on who is under water the gov certainly does and lies telling the public that there is slow growth. Whutta crock I see people at the hock shop all the time and new hock shops pop up all over. Pawn shops are predators on a community. People are selling their stuff to pay another bill put gas in the car. Lived around here all my life there was only one pawn shop a gun smith who was a dealer too. Now there is about 10 pawn shops 5 good gun dealers and casinos. $ goes where $ is. The economy is good for those with $ to take advantage. There used to be a lot of honest jobs not no more. If your ass has a job you can’t even take a chance of jumping to a better one for fear of losing both. Guy I worked with left to go work at a better paying job after a few months he go laid off. He would still be working if he stayed. He don’t have kids so he will be ok but what if he did like me. Forget about the rest of the world. Worry about your families. People need to wake up put the pipe down and you will see what’s going on be honest with yourselves. The gov wants to legalize marilwana so people can get burned up and not care that the are being fucking ass raped out of their $. Cars outside the dispensary are BMW land rovers all rich cars. Fucking legal drug dealers all they gotta do is give the state their cut. Bums begging on the side of the road more than ever before. People hooked on opiates to the point there is an epidemic of deaths due to overdoses. Cops gotta give narcan to passed out addicts laying in pools of their own piss. City’s pushing to legislate places for addicts to go and do their drugs calling it a safe haven. I can go on and on.
But Iceland is going strong. No immigration. 86th the bank. Economy humming.
B from CA – Iceland is a con trick. The only real industry it has is fishing, followed a long way behind by tourism.
The total population of Iceland is less than that of a medium sized western city. When you can shrug off your debts and renege on them, like they have done, of course you’re doing well!
Not having to worry about a standing army, navy of air force also helps your prosperity.
Of course it has no immigration – apart from the beautiful women, give me one reason why anyone would want to live in a frozen, actively volcanic, wasteland.
Is this of Biblical proportions? Can we wish for a collapse in order to get to the reset? We have been in the last days ever since Jesus came the first time. But the end times? (the last 7 of the book of Daniel) How can we know when this is taking place, because as bad as conditions might be, they can always get worse. No one will KNOW until it’s too late. It’s designed like a trap set to spring shut on everyone in that time period in order to test that they really would never believe in the Son. Or maybe a few might.