Notice: This website may or may not use or set cookies used by Google Ad-sense or other third party companies. If you do not wish to have cookies downloaded to your computer, please disable cookie use in your browser. Thank You.

Sunday, May 6, 2012

There are many of us out there preparing for a economic collapse within the United States. I am convinced that many of us could not really articulate the factors of an economic SHFT, or why this collapse is likely to occur. The video below is very sobering and a fairly non-partisan explanation of the Federal financial problem. It serves two purposes: 1 – to articulate the “why” of a probable collapse, 2 – scare the hell out of you that the problem(s) are not solvable therefore the economic collapse probable. The video explains that the U.S. debt is 32 times greater than Greece. While the U.S. obviously has much more means to re-pay debt, we also have much more discretionary obligations, read entitlements, that Greece doesn’t have. Without a dynamic course change the U.S. will see a substantial if not catastrophic economic collapse like Greece,......but the riots will not be like Greece. They will be much more wide spread and violent. While the economic problems in Greece did lead to a short duration food and commodities shortage, the shortage we’ll see here in the U.S. will be substantial. Like the video states, It’s when, not if, the U.S. will collapse from this soaring debt.

1 comment:

  1. The only thing an individual can do is attempt to keep a supply of goods(food,cash,trade supplies) on hand, and network barter groups either offering skills, or goods in for needed skills or goods. Using the power of the vote wisely is expected, but not required. Learn the issues, and look behind the soundbites life is more than a 30 second filmshot. Take care of your financial well being, and that is the only item you may be able to directly influence.