economic collapse

US and Global Economic Collapse Warning

http://www.newamerica-now.blogspot.com

http://www.thewatchmen.fm

Duration : 0:8:26

Read more…

Why are People Blaming Bush for the Economic Collapse?

Why are people this misinformed about the economic collapse. Bush with the help of congress put this country in debt but that is all he did.

The Housing Market Collapse was the cause of the economic collapse. The housing market collapse can be traced back to Clinton. Clinton had the banks provide mortgages and loans to people with bad credit.

Didn’t Bush try to put regulation back into Fannie Mae and Freddy Mac but was denied by House Democrats? Multiple times.
It is true. Many things a President has to deal with is from the previous President.

Just like Obama has to finish up both Wars that Bush started.
Bisquedog
… The National Debt didn’t cause the economic collapse. I guess you can’t remember but this country was in debt for over 40 years and was no where near this.
DIppity dipshit…

Can you say Halliburton doesn’t determine the price of oil. OPEC determines the price of Middle Eastern Oil…
Big Bob… Could you not read the title.. I guess you are illiterate fucking idiot.

It happened on his watch. He had 6 years of Republican majority in the Congress. Seems to me he could have done something.

What happens during an economic collapse exactly?

I’ve heard some alarmists say that it means there will be a total breakdown of society…meaning no law, no food, and no work. I’ve also heard that that is not exactly right, there would still be some structure but it just wouldn’t work as well.
Let me say this Dark Diva…I have in fact studied MY history of the 1929 market crash and following depression. BUT, this is a different time and a different WORLD as it was then. People were much more self-sufficient then. More people were gardeners and people were not in debt as we are now.

It would be like 1929…at first. However it is as you have added. People don’t know nowdays how to survive…to make do and do ‘without’.
We could adapt back to learning to take care of ourselves, but I really think that some sort of Mad Max scenerio will more likely(at least in the cities).
1929 was a world where people respected one another…nowdays…lol.
I am sure a collapse would start as it is…with high fuel. Fuel is the base for the price of everything,(if you haven’t already noticed this in the stores) and so begins inflation. I am really curious as to how perpetual this is, and how far one will drive the other.
As everyone is tightening their spending, I have been watching business after business close their doors in my area. Lots of restraunts, and small businesses have closed. So once all the small buisness is gone(as it’s going) what happens when Walmart pulls out?
The car lots are filling up with pick-ups which have lost almost half of their value in just six months( A new Ram 1500 QC 4×4 $34,000 sticker was $27,000 on promo 6 months ago…now selling for $15,000). This overnight has made everyone who owns newer a pick-up $10,000 less richer,(and upside down) as trade in values fall right off along with the new stuff.
I have watched the housing market all of my life, and never have seen the market stall(and in some areas really go backwards) as it has. This is a big sign to me that we are on the edge of something major.
One other major difference between 1929, and now is that our government is out of money, surviving on borrowed money, and wont be able to bail us out with more borrowed money. They(we) owe too much.
The only ‘New deal’ I can forsee is a raw deal as I believe this whole crises is artificial, and has been created by the world bank(fed) with the intent of breaking America. If they can break America, they can install a one world government. Were in the final stages of them setting up the New World Order. Will it work? I think not! One thing is for certain…We have a rough road ahead.
Long Live USA!

Do you believe the economic collapse we just experienced is over?

Do you think another worse collapse is imminent. Is the 15million dollar per second interest payout on our loans to China, Saudi Arabia going to sustain forever? Is the frivilous printing of money by Obamonomics going to hold our heads above water for long. Are
you optomistics or are we in trouble?

This is a debt-collapse Depression (aka balance sheet depression). It is caused by too many people spending money they did not have – taking on debt. Epitomized by a government spending money it does not have and its taxpayers do not have.

Depressions unfold in phases and stages. We have only seen the first leg down, and the first bear market rally. We have a long way to go. It will continue deteriorating until the debts are paid off and the balance sheets rebuilt. BO & Company have done exactly the wrong things, and are making matters worse, and prolonging the pain. They have more than doubled the US’s total liabilities from about $54 Trillion to $110-120 Trillion since 1/20/09, just 6+ months ago.

From the 1929 Crash until the stock market returned to its previous record in 1954, it took 25 years. The Depression itself lasted from 1930 until 1946, after the war ended. This is the Greater Depression since there is so much more debt involved.

And those "green shoots" are just some reused piece of Astroturf flung out the window in front of the sheeple in hopes they will "believe" in the "change." But nobody who is paying the slightest bit of attention to what is going on believes these "changes" are of the slightest benefit to anyone but BO’s campaign contributors.

Economic Collapse Farmers Harvest Crops to Burn (Christianity Destroyed)

Aaron finds a large tree farm in Oregon with every tree lying on the ground. One man says the market the past few years on Christmas trees was non existent. That called for the need to cut the trees down because they got to large to ship for future celebrations. Is this the end of the Christmas tree in the celebration of Jesus Christs Birthday?

Duration : 0:1:54

Read more…

How can I prepare myself for economic collapse?

I see the recession is in full fledge and I think this quarter won’t be much better. Leaving us in uncertainty til the summer. By that time we could be suffering hyperinflation and with a lame duck president that never cared about people to begin with won’t move an inch. I know we may catch a tax break but thats going to add to debt and the government is going to raise taxes. So consider the tax cut canceled out already.

So I ask, as a person with modest savings, do to protect myself in case an economic disaster hits the country?

To prepare for Hyperinflation borrow all you can at fixed interest rates and buy tangible assets (gold not stocks or bonds) that you can sell later at inflated prices. I don’t think this would be a wise coarse of action because I think hyperinflation is unlikely.

For a severe economic melt down the more probable result is deflation. In this case the best action is to have as much cash as possible so you can buy what you need at lower prices later.

For just run of the mill recession planning buy stocks at their recession lows weighted heavily with banks with a safe loan portfolios and consumer cyclicals. With the low interest rate that a recession bring they will increase in value when the economy recovers. With the fall in the markets today I would start buying now and continue to buy on dips over the next several months.

To protect against all possibilities you can do a little of each.