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Economic collapse is inevitable, here’s why…

Striker 2012/08/20 01:44:14
Related Topics: Collapse, Economic
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A rather long article from a site I've never seen before, but it makes much sense.

So I'll just throw it out there for those who might care. That ought to be everyone, but we know that'll never happen!

Enjoy

Read More: http://www.crisishq.com/why-prepare/economic-colla...

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  • ☆stillthe12c☆ 2012/08/22 23:35:56
    Inevitable
    ☆stillthe12c☆
    They are trying on purpose to crash America. I let you guess why!
  • Striker ☆stillt... 2012/08/23 00:09:16 (edited)
    Striker
    +1
    We hear that often, but "on purpose" is never explained or documented.

    The failed Keynesian agenda has prevailed for a very long time. Whether it's on purpose or plain ignorant, hard to tell. America has continued to slide toward the abyss while allowing irrational economics and manipulation to not only continue, but made far worse by them using the same irrationality in the guise of "fixing it". It's a disease or plague which has spread around the planet. Don't mess with Mother Nature.
  • ☆stillt... Striker 2012/08/23 00:21:54 (edited)
    ☆stillthe12c☆
    Okay how about throwing a half a trillion dollars at a failing company knowing that they have been called a bad risk. How about shutting down all off shore deep hole drilling until all the rigs have gone. How about not giving out permits when you know that we need more oil to keep dollars here. How about allowing the EPA shut down 33 generating plants know that we already have blackout and brown out with them. How about not letting two refineries that closed to reopen when part of our high fuel prices is not enough gasoline and still let refineries produce and excess of diesel. How about letting the EPA add new regulation when companies are having problems already meeting regulation. How about having a car company make cars that no one wants. There is lots more.
  • Striker ☆stillt... 2012/08/23 00:39:05
    Striker
    +1
    How about NOT being governed and forced? How about NOT forcing fiat money and central banking on everyone? How about NOT allowing Government Force?

    Everything question you ask has an answer in the basics. Always look for the Cause.
  • ☆stillt... Striker 2012/08/23 01:58:36
    ☆stillthe12c☆
    Getting rid of the central bank would be very helpful to America. We did it before. Yes, they are trying to crash the economy. They can not be making all these foolish moves without knowing what it is going to do.
  • Windy 2012/08/22 06:33:52
    Well, maybe; I think...
    Windy
    +1
    If Ron Paul takes the nomination (if nominated I fully believe he would win the election) we might be able to avoid it. If Romney gets the nomination, it is inevitable.
  • Striker Windy 2012/08/22 16:39:29
    Striker
    Paul or Gary Johnson are the only candidates standing on Principle. Unfortunately, Amerika is beyond saving, and being global, all governments will fall. What happens during that global collapse will become an opportunity for true Liberty, or may otherwise see humanity choosing to self-destruct.
  • T A 2012/08/21 05:51:47 (edited)
    Inevitable
    T A
  • *K'eim*h3reg' *Peh2u *Meg' 2012/08/21 05:06:58
    Inevitable
    *K'eim*h3reg' *Peh2u *Meg'
    +2
    Its been put off too many times already. Each time it becomes more risky, more likely, and more destructive.
  • WhereIsAmerica? ~PWCM~JLA 2012/08/20 22:24:12
    Inevitable
    WhereIsAmerica? ~PWCM~JLA
    +1
    Probably can't be helped but that does not mean we have to make it worse or make it happen faster...yes OBAMA I am talking to YOU!
  • 9th of 9 2012/08/20 12:23:07
    Inevitable
    9th of 9
    +3
    Funny how everyone knows about it but the ones who vote the very people into office hell bent on seeing it happen.
  • mrdog 2012/08/20 10:47:05
    Well, maybe; I think...
    mrdog
    +2
    No need to read anymore info on econ.... just need adults in charge that walk the walk...not just talk the talk,,,,,,, clearly...Obama is a loser...bark
  • brian.southworth.921 2012/08/20 08:07:53
    Inevitable
    brian.southworth.921
    +6
    It's a cycle. But eventually the band aids we use to patch the holes in the dyke won't work anymore.
  • Striker brian.s... 2012/08/20 17:10:05
    Striker
    +5
    TheFed is now having to "eat" 61% of the t-debt it "buys to resell". That's a real squeeze play! Big Big repercussions are coming
  • brian.s... Striker 2012/08/20 17:15:57
    brian.southworth.921
    +4
    Im already prepping for it. Moving away from big cities soon and getting a stockpile of coinage saved up at home. Paper will be useless. Id buy gold, but cant afford that. Learning how to produce and preserve my own food as well. I see the warning signs, well really I just see patterns repeating. Different names and factions, but the variables are the same.
  • Striker brian.s... 2012/08/20 17:17:58
    Striker
    +2
    Anything one does along those lines will help, and probably essential. Good for you!
  • Steve ☮ R ☮ P ☮ 2012 ☮ 2012/08/20 05:19:46
    Inevitable
    Steve ☮ R ☮ P ☮ 2012 ☮
    +5
    We're rapidly approaching the point where nobody will lend America any more money because they know they will never get it back. Then the Fed will be forced to act as the lender of last resort causing hyperinflation. Then we're all sunk. And no matter how many countries the US military invades, it'll be too late to stop the crash.
  • Striker Steve ☮... 2012/08/20 17:19:33
    Striker
    +2
    FedRes is already acting as you say, 61% of the tdebt bought for resale is unsold. We are ON that path!
  • T A Steve ☮... 2012/08/20 20:12:36
    T A
    +3
    Military aggression in other countries actually speeds up the process immensely. All these invasions are just wealth grabs by the government/MIC because they know how little time is left to loot the treasury and the taxpayers.
  • Striker T A 2012/08/20 20:16:38
    Striker
    It would always depend on how long the war takes!
  • T A Striker 2012/08/20 21:49:08
    T A
    +2
    I think he was referring to the broken window fallacy. Damn public schools should stop spouting that homicidal myth.
  • Steve ☮... T A 2012/08/20 20:29:02
    Steve ☮ R ☮ P ☮ 2012 ☮
    +3
    Agreed.
  • ★Calliope★ 2012/08/20 05:18:54
    Inevitable
    ★Calliope★
    +6
    “All truth passes through three stages.

    First, it is ridiculed.
    Second, it is violently opposed.
    Third, it is accepted as being self-evident.”

    – Arthur Schopenhauer

    It's been evident for a while now. Became crushingly apparent when we were downgraded. No way we can get out of this without serious hurt. We'll stumble along for a while, but without dramatic change, we will burn.

    We'll make Greece look like a picnic.
  • historian ★Calliope★ 2012/08/20 17:12:47
    historian
    +5
    "... Became crushingly apparent when we were downgraded."- to some, but remember the calls to arrest those who downgraded the U.S.? Insane.
  • Striker historian 2012/08/20 17:16:00
    Striker
    +4
    The downgraders were WAY too kind!
  • Striker ★Calliope★ 2012/08/20 17:14:57
    Striker
    +4
    That downgrade, by their own standards, should have been about CC+, AA- was playing pussyfoot.
  • ★Calliope★ Striker 2012/08/21 01:24:54
    ★Calliope★
    +2
    I agree.
  • Ken 2012/08/20 02:24:20
    Inevitable
    Ken
    +5
    I have been telling friends and family much of the same things. Of course most don't think it will ever happen.
  • Striker Ken 2012/08/20 02:28:03
    Striker
    +6
    You may find quite a lineup of F&F at your door! Ouch!
  • historian Ken 2012/08/20 17:15:07
    historian
    +5
    Do you get the glazed over look like they're thinking of something far away, then a nod, and walk away, or is it the uh huh, yeaaaah, craaaazy, nodding and sighs? I usually get one of the two, but sometimes get an agreement, but then back to unprepared life as usual after the discussion.
  • Ken historian 2012/08/21 00:37:04
    Ken
    +3
    Lately I have been receiving more discusssion, I think they are beginning to think it may not be too far fetched afterall.
  • wtw 2012/08/20 01:58:06
    Inevitable
    wtw
    +3
    The problem is we can make it lighter if people would quit sticking their heads in the ground!
  • Striker wtw 2012/08/20 02:00:01
    Striker
    +1
    That'd be great, but how? How many can pay taxes of 100% for generations?
  • wtw Striker 2012/08/20 02:15:38
    wtw
    But we can cut spending and we can raise more taxes! We can move in the right direction!
  • Striker wtw 2012/08/20 02:21:27
    Striker
    +2
    Okay, and how long before the collapse?
    I am a non-taxpayer, because I didn't make this debt and I'm not gonna pay Gov claims which none of us ever signed for.
  • wtw Striker 2012/08/20 02:24:10
    wtw
    You are correct but if you don't grab you share of water to throw over the side we sink that much faster!
  • Striker wtw 2012/08/20 02:26:55
    Striker
    +2
    That's why we fix the boat!... or burn it.
  • Ken wtw 2012/08/20 02:47:42
    Ken
    +2
    Using 300 million as the population, our payment for every man, woman and child would be $53,333.33 to pay off $16 trillion in debt. That doesn't include the $54 trillion in unfunded debt.
  • Striker Ken 2012/08/20 02:55:06
    Striker
    +4
    If one can rely on usdebtclock, the unfunded is $120 trillion, and the debt per taxpayer is over $1 million. Impossible!
  • T A Striker 2012/08/20 20:15:54
    T A
    A large agora would be the best way to deal with it I think.

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