THE NEXT GREAT DEPRESSION: OBVIOUS SIGNS FOR AN INCOMING 25-YEAR FINANCIAL APOCALYPSE!

The signs are grim and evident. Those who are familiar with the economics area and have been watching the media closely, undoubtedly recognize Jim Rickards’ face and prophecies. Being the Asymmetric Warfare Advisor (for both CIA and the Pentagon), Rickards predicted that the upcoming New Great Depression that’s about to start in late 2015 is bound to last for about 25 years. Based on hard evidence, other experts can’t help but agree that there’s an upcoming financial apocalypse. So let’s meet the Four Horsemen of the financial apocalypse:

The name of the first Horseman of the financial apocalypse is: Unemployment

Despite the optimistic news the media is constantly feeding about an ever-improving employment scenario in the US, the harsh reality of everyday life is nothing but disturbing. Today’s employment situation is comparable to the one in early 2007, when the recession hit. Before the 2007 recession hit, around 63% of employable Americans had a job, a steady income. As things got gradually worse, the number dropped to below 57%, and it stayed that way for quite some time before things got better. Even though the unemployment percentage dropped a bit in recent years, the rate at which things improved was far too slow to actually be considered an improvement. Jim Rickards claims that the REAL unemployment rate today is nowhere near the official 5.5%, but closer to 25%!

Daily routine at an unemployment office in Jersey City

The name of the second Horseman of the financial apocalypse is: National Debt

The national debt in the US is a major issue that doesn’t seem to worry almost anybody. The mainstream media as well as many officials seem to think that this is not a main concern for neither the authorities, nor the general public. While nobody bothers in tackling the problem, the national debt continues to grow at an alarming rate: it grew by over $1 TRILLION in the last financial year only! According to Rickards, the US is about $17.5 TRILLION in national debt. The idea of boosting the local economy through incoming credits is clearly backfiring, and soon we’ll end up owing more then we can manage.

The name of the third Horseman of the financial apocalypse is: Money Flow

The strength of an economy does not consist only in the amounts of money, but rather on their flow through the system. The greater the flow, the stronger the economy. But the money flow in the US is low right now. Large quantities of bills are printed daily, but despite this, people aren’t eager to borrow or spend it. In fact, experts agree that the velocity of flow for M2 money (cash and equivalents easily convertible into cash, short-term deposits, 24-hour money market funds) is at its lowest. This are issues of major concern to Jim Rickards and other economist, which most of us chose to willingly ignore. But when things start to collapse in late 2015, we’ll have no chance but to look back in regret.

The name of the fourth Horseman of the financial apocalypse is: Outsourcing

Big business has slowly but steadily outsourced manufacturing jobs. Big names have all but abolished what little was left of the working man’s safe haven. It was an opportunity in past years for working men and women to find decent, steady jobs in the manufacturing area, but things have spun out of control. The big manufacturing cities in the US face a daily struggle to maintain the financial income and their basic infrastructure. Losing the manufacturing jobs had a more brutal impact on the US economy than anyone could have ever predicted. And the authorities neglect didn’t nothing more but to worsen the situation. This too will undoubtedly weigh heavily in the future economic collapse, says to Jim Rickards.

These are the most defining factors for the upcoming 25-year depression. Others may not be as worrying, but can easily be read as signs. For example, the low numbers in home sales could be considered as well as an omen of what’s to come. Again, the media will have you know that this too is an area that is improving, but the reality of the matter is that the housing market numbers are nowhere near the pre-recession figures. Home sales are currently at about 5.000.000 mark, which is comparable to the amount at the turn of the century.

The signs for the upcoming depression are visible and crystal clear. If we’re struck, best be prepared. Make sure you have taken all the necessary precautions and taken all the right decision you yourself and for those close to you. Hard times are coming, and we must face them. Be informed, be smart and act quickly. Invest wisely before the economy collapses, before you reach the point of no return.

By Alec Deacon

Source: www.MyFamilySurvivalPlan.com

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