Why We Are Heading Towards An Economic Collapse And The Steps You Need To Take To Survive
Posted by: Off Grid Survival
While the political morons in Washington would like you to believe our countries on the road to recovery, a new survey from the Associated Press suggests the complete opposite.
According to their study, four out of every five Americans struggle with joblessness, near poverty or reliance on welfare for at least parts of their lives. Considering that we currently have over 101 million people, a stunning third of the U.S. Population, receiving subsidized food assistance from the federal government, these numbers should be a huge wakeup call for anyone who bought into the scam of a recovering economy.
When the number of people receiving government food assistance (101,000,000) surpasses the number of full-time private sector workers in the U.S. (97,180,000) we have some serious trouble brewing.
We are nowhere near Out of the Woods, I believe the collapse is still coming.
Many times in the past I’ve warned people about this threat; I believe the collapse of our economy is one of the biggest and most likely threats that we will face in the coming years.
Our country currently sits at over $16.8 TRILLION in debt. While that number seems absolutely incalculable, it’s sadly only a small fraction of what this country actually owes. You see, when you add in the unfunded liabilities that the government conveniently leaves out of its debt calculations that number soars to over $120 trillion. YEP, $120 TRILLION!
When you add in costs like Social Security, Medicare, Obamacare and federal employees’ future retirement benefits, the numbers point to only one possible outcome: ECONOMIC COLLAPSE
In my opinion, there simply is not a way out of this mess. The government has built our economy on top of a Ponzi scheme, in which they have to keep adding debt just to keep up the illusion of an economy. Over the last couple of weeks politicians have been up in arms about the possibility of Detroit going bankrupt; what they should really be concerned with is the fact that WE ARE DETROIT.
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Whistler Blowers, Insiders
Collapse coming next month and next month oh next year now. This has been going on for years.
That is the way it always works. What you don’t understand that it eventually happens and it happens like this – SUDDENLY!
And when you least expect it!
And….. you only realize it AFTER!
Doesn’t matter, it’s swiping folks’ money in any way they can until there’s nothing left to swipe. It’s a slo-mo demolition. Not sure where people get their numbers but they do have a demoralizing effect. Chance favors the prepared.
as long as they can print the money they delay the time of reckoning.
They cannot print $ forever
time is ruining out so get ready wile you still can.
every fiat currency has failed the $ will fail also.
Through out history every currency has gone down to zero every hard asset remains the same.