Note: I wrote the below from an article by Bernie Suarez before the news came out on the current administration's use of the IRS to target Tea Party and other conservative groups. It remains to be discovered just how high in the governmental chain of command that that the IRS targeting order came from. Additionally, since I initially wrote the below there was a mass shooting in New Orleans, albeit of a suspected gang related type and not necessarily a terrorist, home grown or not. Some remarked to me that they suspect some type of government engineered shooting or bombing in the near future which would give the government the popular support necessary to crack down on gun owners and that means preppers. I hope to God this never happens but it seems my faith in government is declining on a daily basis. I have had that faith in the scores of loyal government workers that work the machinery and not the politicians or the political appointed, but sometimes it seems like the politicians are winning.
The article below, an amazingly good read published with the title "The Art of Catching Government False Flags in Real Time", by Bernie Suarez and posted on the International Forecaster is really all about Government trust to do the right thing. Just like individual people, high ranking government elected or appointed people can easily fall into the trap of doing unethical or illegal things justified by the end result.
I am not really into Government conspiracies, and it is not a conspiracy if it is an overt act by the Government like moving towards more gun control, however I have seen enough to know, to absolutely know, that innocent people can be caught up, either intentionally or unintentionally, by a government agency.
What this means to preppers is a planned event by the government, or elements in the government, to effect an agenda that is based on control,...controlling the population, the wealth, and/or firearms. This is a good article, I hope everyone takes the time to read it.
The Art of Catching Government False Flags in Real Time
With the topic of government false-flag operations being discussed throughout the country with the recent slow but progressive mass awakening to such events occurring in America it seems like good timing to ruminate on the issue and discuss just how the average person can develop the skills required to skillfully predict and catch government false-flag attacks in real-time and awaken others around you to these events and the political motives behind them.
I use the word ‘art’ because I believe being right about such high-level events deserves attention for the cognitive and intellectual skills required and the ‘delivery of truth’ skills required to share these truths with receptive (intellectually honest) members of society. Truth is always vindicated and victory goes to the opponent that is willing to deal with ALL the facts openly and transparently, as truth seekers in the information war have done for a very long time in America. The establishment government, however, always plays the same hand with these events. Today these longstanding similarities that follow false-flag operations have naturally rendered some clear patterns to recognize for those of us seeking truth.
Step 1 – Clear your mind
The art of catching government false-flags in real time begins with altering your belief system to disconnect your mind from the influence the mainstream media has on it. This ‘connection’ is very real, and understanding how important it is to disconnect your mind from mainstream media lies cannot be understated. Many Hollywood movies and almost all TV shows play a huge roll in reinforcing the government narrative, as does the public school curriculum, so you will also have to be aware of the connection between these as well. However, since the mainstream media breaking news story of the next false-flag attack is the very thing you’ll be judging, it is paramount to distance oneself from this entity. This is the most important step that will make catching your first realtime false-flag very easy.
Armed with a clear mind and now thinking on your own, considering all logic and reason, you are now prepared to clearly see your first false-flag event. Your mind is prepared to see what is right in front of you now that you have removed the signal that was blurring your understanding. A free person with a clear mind free of government engineered propaganda and marketing is a powerful tool with potential that is unlimited. The magic of living in a world where a controlled media and government does not even play a role in your life and your thinking process is a magic you cannot imagine until you cross that bridge. With that said let’s explore the next step.
Step 2 - Understand the stakes at hand
Are you aware of the stakes at hand? Consider history and what the end result of too much government control really means. Consider what freedom for humanity really means and those who have given their lives for these beliefs in the past. Apply the process of critical thinking to these ideas and see what you discover. First, approach the process of thinking with the purpose of being the best. Exercise what I call Intellectual Karate. Realize that you are about to go into an arena where the battle is for reason, truth, justice, logic, wisdom and cognitive conquering. Think for a minute, if man-kind is truly the superior animal on the planet because of its cognitive abilities and its abilities to apply a form of higher brain intelligence that allows us to conquer all other animals, then shouldn’t we care which form of mankind-thinking (meaning which paradigm) will ultimately control the destiny of the species?
This I believe is the core meaning of the information war we fight; a competitive battle of cognitive expressions of truth versus lies, each side representing a specific agenda -- that being selfishness versus altruism, or personal greed and thirst for power versus selfless concern for the future experience of humans. I believe that this war is possibly spiritual and it (this battle of consciousness) defines who we are as a whole and will determine where humanity is headed.
Step 3 - Arm your mind with facts and reason
We owe it to ourselves to research history and see how governments have used false-flag operations for political gain in the past. The fact of the matter is that false-flag operations have been a commonly used tactic of past governments to justify an attack on an enemy. See and understand the logic that makes planned attacks on a selected enemy nearly impossible without an engineered and carefully timed false-flag attack. Become aware that false-flag operations and tactics that incite the enemy are officially part of military strategy. Realize that documented U.S. government plans for false-flags date back at least 50 years. Consider also that if governments have determined falseflag tactics to be an effective option 50 years ago then that is more than enough reason to suspect false-flags to be a reasonable explanation for any potentially engineered bombing or attack we see today.
Step 4 - Search, pin down, and recognize the beneficiaries
We can all see where false-flags of the past have worked very well for the perpetrators. This information is difficult to hide. Throughout history the beneficiaries of false-flag operations are not debatable. This is knowledge and power for truth seekers. Beneficiaries stand naked in the eyes of history; alone they stand hoping that humanity will look the other way, not notice, or chalk up their improbable luck to coincidence. When government stands alone as the prime beneficiary of a false-flag, that should bother your sense of truth, trigger your intellectual integrity and set off your truth meter.
Side with reason and common sense before you blindly believe that governments luckily accept the results of apparent false-flag events and conveniently and impulsively change legislation to increase their power and take away the power from the people.
Step 5 - Analyze the event and look for common trends
Government false-flags almost always have a patsy designed to take the blame. This patsy seems to always have a connection/relationship/history of interaction with the U.S. government (military, FBI, CIA). This relationship with government entities is always ignored or downplayed by the controlled government mouthpiece mainstream media.
They always act as though the relationship is not real or not relevant. Amazingly, the patsy’s history always leads back to government. The patsy always denies doing it or tells the world they are being set up. Patsies are always eventually murdered, silenced, tortured or all of the above. We all know that dead men tell no tales and tortured people will tell any tell you want them to. This is why torture and murder is and always will be illegal even when committed by a temporary criminal government.
Government agents and entities always stage a massive presence at the event or scene of the crime well in advance, and always just prior to the event. It never fails, yet many in America chalk this up to coincidence, where there is no such thing when it comes to politically motivated events. The mainstream media is key to understanding false-flags. Look for huge overplayed ‘Breaking News’. This type of news is extremely sensational and is ongoing. Stories are repeated and told by various mouthpieces in almost exactly the same way.
Early on, the controlled mainstream media finds itself in a battle for laying out the initial narrative. They (the media) find themselves making gross errors, but government steps in and declares the changing narratives within the first few days even if the story is contradictory to what was being said the first day. During this early period it is common to hear large segments of truth coming especially from local media networks struggling to figure out what is happening but having to depend on the highest level (government controlled) sources.
During the coverage of the event, look for media to sensationalize the emotional trauma portion of the event in a manner that engages the public and invokes a mass emotional response. Nowadays they specifically target the emotions of the masses to open them up to accepting a soon-to-be-delivered solution (Problem-Reaction-Solution) to the false-flag attack.
The media coverage of this specific event will supersede coverage of any other tragedy or event. No matter what else is happening, government does not allow other events to get in the way of their planned false-flags. Too much has been invested to get the reaction and subsequent politically motivated solution to come. This is an important observation to make in identifying government false-flags.
The controlled mainstream media will always ignore huge facts, testimonies, and figures surrounding the event. Look for the ‘ignore reality and facts’ mode the media goes into when working with a false-flag event. Questions are very vague and not too challenging to the official story. In this phase look for politicians, police chiefs, mayors and media running from the real questions.
Note that in some cases you’ll be able to observe other huge (9/11 size) coincidences, but not all false-flags will be as easy to diagnose as the September 11th global government terrorist attacks. Many will be smaller scale and the scene of the crime will be limited to one instead of three.
Step 6 - Convince yourself and look for the evidence
Challenge yourself by telling yourself that you are willing to believe the government-mainstream media version of the story. Tell yourself that as long as the media version of the story is provable you are willing to believe only their version of the story. Then set out to prove the government-media claims. Get focused and go to work. Pick up every claim and set out to actually prove their claims. You’ll quickly find out that media and government actually never submit or put out any proof for their claims. Stay focused and prove this to yourself. Notice how they run from truth, reason and actual proof. You will hopefully finally distinguish between a claim and actual factual proof.
Once you see this reality you’ll never go back. You are now ready to take on the establishment and become a ninja for truth.
Step 7 - Cementing the lies
Finally, after the false-flag is over and time begins to pass, the government media complex will settle on one story. Facts and figures detrimental to their version of the story are never raised again, and those who question their version of the story are demonized and ridiculed. After this initial phase, Hollywood picks up the baton and reinforces the government-media version of the story from this point on.
Step 8 - Get ready to catch your first real-time false-flag
Beware, handle with care, and proceed slowly. The experience of catching your first government false-flag in real-time can be very distressing yet very liberating at the same time. My first real-time false-flag was the Bin Laden death hoax of May 1st 2011 and it felt very troubling yet very liberating. It was like a mental jolt, an awakening years after already being awakened.
This topic deserves a lot of attention and in this article we’ve discussed a sequence of factors that come into play for identifying government false-flags. Realizing the magnitude of what is at stake, the power of the mainstream media, the improbability of government and media claims and coincidences including governments connection to their patsies are all part of the government false-flag blueprint.
Will you allow this pattern of deception to work on you again? Or will you be prepared to call out the government on the next bombing false-flag? Are you still connected to the mainstream media poison? Is all of this a challenge to your paradigm? These are the fundamental questions you have to resolve before you can stand tall and know that you’ve caught your first government false-flag. Good luck, and remember: the greatest mind altering drug is the truth.
Sunday, May 19, 2013
Friday, May 17, 2013
Survival Group Leadership and Control Issues
Jerod, not his real name but he will recognize his question, wrote to UrbanSurvivalSkills asking about leadership and control of a survival group. Apparently he is in a group with too many Chiefs and not enough Indians. He said there are six full time "preppers in his neighborhood which Jerod considers the "group", plus a couple guys he calls gun freaks, plus a couple of friends and relatives, with most of them having sat around and discussed what a collapse may look like and how to be prepared.
While this group individually purchases equipment and material, Jerod says there are some issues with what types of food, equipment, material that some of the more vocal members "highly suggest" buying. Jerod said there are some disagreements with an outline on what they first steps should be following a collapse, mostly around providing security around their neighborhood. He said about 1/3 of the group wants to determine a military type chain of command. One of the guys wants everyone to make a list of what and how much they have and Jerod keeps blowing that off, concerned about exposing everything to everyone.
UrbanMan replies: Jerod, I appreciate you giving me permission to use your e- mail, however I took your rather long e-mail and condensed it down. We agree that living and surviving by yourself or with just your family is worst case because of the lack of support, but this is a two edged sword as a larger group will create leadership and control issues.....as you have found out.
I understand your survival group (in my words) to be several individuals and in some cases families, living on different properties who are loosely prepping together and are prepared to provide support to each other, but who are not planning on moving or bugging out to a central location when the collapse hits.
If you are planning on joint support for all and from all, particularly in response to time sensitive events, I hope you are all located close enough and have a tested communications system or a general plan in order to access support from each other.
Leadership in a group, especially of Type A individuals, can be very difficult as many of these people may be thinking with their ego's and their feelings as opposed to applying critical thinking skills for the benefit of the group. This can be further made difficult due to these individuals being concerned about the safety of their love ones, therefore reluctant to accept a differing point of view or decision. And legitimately there can be a difference of opinion, among honest men, on how to proceed.
It's pretty simple if you own a house or a Bug Out retreat and a bunch of people show up to survive with you,....it's your way or the highway. Much different if you are one of many households occupying a neighborhood street and know you must organize to survive but disagree on how to do so.
American para-military forces or militia, certainly during the French and Indian Wars, and the Revolutionary War used to elect their leaders. Now, while that sounds a valid like a way to go, it can also split the team based on personal loyalties. Think about this: If the leader made a decision that, you thought, placed your family at risk, would you not do something about it?
At some point a survival group will need to have a decision making process, especially facing dire circumstances like security, disease control, water and food procurement, refugee control or visitor vetting. Be it a linear chain of command, a committee or whatever. This has to be a timely process as well.
I am of the mind that a small committee is generally the best method of decision making within a grouping of independents elements. Maybe your core individuals get together and everyone has a say to what they admire or desire in a leader. This will help each person mentally evaluate the others as potential leaders or decision makers. Then the group votes on establishing, say a three person committee to make necessary decisions. If this is succesful, then the group votes by ballot on those three people.
Another thing you may be able to do is to have each group member write one or two key issues (in a tactful way) as topics for discussion. Group members who are not respect nor reasonable in this process will expose themselves as the same. If the group cannot be reasonable as a group then it may be time for you to disassociate yourself from the group. This may bring hard feelings and it would best be resolved with you moving before a collapse every started.
I hope I gave you some things to think about. Good luck in any case.
While this group individually purchases equipment and material, Jerod says there are some issues with what types of food, equipment, material that some of the more vocal members "highly suggest" buying. Jerod said there are some disagreements with an outline on what they first steps should be following a collapse, mostly around providing security around their neighborhood. He said about 1/3 of the group wants to determine a military type chain of command. One of the guys wants everyone to make a list of what and how much they have and Jerod keeps blowing that off, concerned about exposing everything to everyone.
UrbanMan replies: Jerod, I appreciate you giving me permission to use your e- mail, however I took your rather long e-mail and condensed it down. We agree that living and surviving by yourself or with just your family is worst case because of the lack of support, but this is a two edged sword as a larger group will create leadership and control issues.....as you have found out.
I understand your survival group (in my words) to be several individuals and in some cases families, living on different properties who are loosely prepping together and are prepared to provide support to each other, but who are not planning on moving or bugging out to a central location when the collapse hits.
If you are planning on joint support for all and from all, particularly in response to time sensitive events, I hope you are all located close enough and have a tested communications system or a general plan in order to access support from each other.
Leadership in a group, especially of Type A individuals, can be very difficult as many of these people may be thinking with their ego's and their feelings as opposed to applying critical thinking skills for the benefit of the group. This can be further made difficult due to these individuals being concerned about the safety of their love ones, therefore reluctant to accept a differing point of view or decision. And legitimately there can be a difference of opinion, among honest men, on how to proceed.
It's pretty simple if you own a house or a Bug Out retreat and a bunch of people show up to survive with you,....it's your way or the highway. Much different if you are one of many households occupying a neighborhood street and know you must organize to survive but disagree on how to do so.
American para-military forces or militia, certainly during the French and Indian Wars, and the Revolutionary War used to elect their leaders. Now, while that sounds a valid like a way to go, it can also split the team based on personal loyalties. Think about this: If the leader made a decision that, you thought, placed your family at risk, would you not do something about it?
At some point a survival group will need to have a decision making process, especially facing dire circumstances like security, disease control, water and food procurement, refugee control or visitor vetting. Be it a linear chain of command, a committee or whatever. This has to be a timely process as well.
I am of the mind that a small committee is generally the best method of decision making within a grouping of independents elements. Maybe your core individuals get together and everyone has a say to what they admire or desire in a leader. This will help each person mentally evaluate the others as potential leaders or decision makers. Then the group votes on establishing, say a three person committee to make necessary decisions. If this is succesful, then the group votes by ballot on those three people.
Another thing you may be able to do is to have each group member write one or two key issues (in a tactful way) as topics for discussion. Group members who are not respect nor reasonable in this process will expose themselves as the same. If the group cannot be reasonable as a group then it may be time for you to disassociate yourself from the group. This may bring hard feelings and it would best be resolved with you moving before a collapse every started.
I hope I gave you some things to think about. Good luck in any case.
Wednesday, May 15, 2013
Crying Wolf on the Coming Collapse?
We received the following comments from Phil: "I've been reading the archives on this site and since 2009 there have been dire warnings of imminent collapse and yet we still muddle on, better some days worse others. How do you (meaning all of us) justify constant preparations and increased vigilance when the threat level remains constant. Once conditions have remained the same for a period of time it becomes the "new normal" and as I am sure you are aware, once you train to a fine edge you either deploy or stand down and after a period of R&R, begin training once again for the next deployment. The military can do business that way but many "preppers" cannot. After all, life is what happens to you while you are making plans for the future. While I realize the need for being prepared,you can begin to sound like the boy who cried wolf and people around you begin to waiver and act as if the crisis has passed. What do you do to keep your family's motivation current? TTFN Phil"
UrbanMan's reply: Very good thought provoking question from Phil. And Phil is right - a razor sharp edge cannot be maintained. I think the answers in maintaining vigiliance are as different as is the different categories of preppers. For some people preparation for the collapse is a fulltime endeavor. For others it is a part time deal and yet others it is a spare time affair. The differences between part time and spare time in my book is the amount of committment (dedicating time and resources) to get measurably better in a given period.
The full time preppers probably don't need any outside motivation, which is usually in the form of dire warnings of the impending collapse.
The spare time and part time preppers are the ones who dedication wanes from time to time as the "new normal" as Phil calls it just becomes "normal".
I would consider myself a part time prepper. I suspect that for me and the vast majority of preppers, life just gets in the way. Add that to the basic human nature of having faith in things getting better or at least the possibility of things getting better and the likely trait of not dwelling on bad news all the time,......well, this all just provides a rationalization not to go into the full time prepper mode or otherwise dedicate a lot of resources towards this goal.
There will be some people out there who will argue that the collapse has already begun, albeit slowly. Others will argue that an economic collapse is only being postponed - the Fed's printing of fiat currency and floating that into the market is one of the factors keeping the collapse at bay - but that this postponement will only make the effects of the collapse stronger and just that much more difficult to rise out of.
But I don't think the threat has remained constant. I am of the mind that the collapse has begun, very slowly and the major effects or the tipping point, where the effects of the collapse pick up speed, are being postponed. Additionally, there are more threats streams we are facing, and to be sure some of them may not occur. As of these additional threats, I am thinking of the potential of a terrorist action such as a nuclear device detonated in the U.S. or a substantial attack on a nuclear or chemical plant that causing extensive contamination and undoubtably a severe US Government response with population controls and possible martial law; the possibility of natural disaster or the continuation of a historic drought being a catalyst or just perhaps adding to the economic burden and food shortage.
I think the whole essence of prepping is that we are preparing for a contingency. Just like when we carried long guns for a living, we also carried a handgun. Even though we may have never had a history of using that handgun and could rationalize not carrying it, but we realized that there were circumstances where it could save our lives. ..... remember the phrase: "I would rather have it and not need it, then need it and not have it"?
The bottom line on the way I maintain some focus on prepping, with really no credit to myself, is through the constant media barrage on indicators,...some mild and subtle, others big. Everything from the out of control spending of this government, to the drastic elimination of gun rights in many states and the bent of the Federal Government on gun control.....BTW President Obama was on television recently apologizing to the Mexicans that the U.S. is to blame for most of the violence in Mexico due the American export of guns across the border........and who can forget about inflation and taxation decreasing our standard of living. And then the facts of almost 50 million people on welfare with no end in sight and the possibility of concentrated small armies of hungry, pissed off people means civil chaos.....................Well, I have plenty of reasons to keep prepping.
UrbanMan's reply: Very good thought provoking question from Phil. And Phil is right - a razor sharp edge cannot be maintained. I think the answers in maintaining vigiliance are as different as is the different categories of preppers. For some people preparation for the collapse is a fulltime endeavor. For others it is a part time deal and yet others it is a spare time affair. The differences between part time and spare time in my book is the amount of committment (dedicating time and resources) to get measurably better in a given period.
The full time preppers probably don't need any outside motivation, which is usually in the form of dire warnings of the impending collapse.
The spare time and part time preppers are the ones who dedication wanes from time to time as the "new normal" as Phil calls it just becomes "normal".
I would consider myself a part time prepper. I suspect that for me and the vast majority of preppers, life just gets in the way. Add that to the basic human nature of having faith in things getting better or at least the possibility of things getting better and the likely trait of not dwelling on bad news all the time,......well, this all just provides a rationalization not to go into the full time prepper mode or otherwise dedicate a lot of resources towards this goal.
There will be some people out there who will argue that the collapse has already begun, albeit slowly. Others will argue that an economic collapse is only being postponed - the Fed's printing of fiat currency and floating that into the market is one of the factors keeping the collapse at bay - but that this postponement will only make the effects of the collapse stronger and just that much more difficult to rise out of.
But I don't think the threat has remained constant. I am of the mind that the collapse has begun, very slowly and the major effects or the tipping point, where the effects of the collapse pick up speed, are being postponed. Additionally, there are more threats streams we are facing, and to be sure some of them may not occur. As of these additional threats, I am thinking of the potential of a terrorist action such as a nuclear device detonated in the U.S. or a substantial attack on a nuclear or chemical plant that causing extensive contamination and undoubtably a severe US Government response with population controls and possible martial law; the possibility of natural disaster or the continuation of a historic drought being a catalyst or just perhaps adding to the economic burden and food shortage.
I think the whole essence of prepping is that we are preparing for a contingency. Just like when we carried long guns for a living, we also carried a handgun. Even though we may have never had a history of using that handgun and could rationalize not carrying it, but we realized that there were circumstances where it could save our lives. ..... remember the phrase: "I would rather have it and not need it, then need it and not have it"?
The bottom line on the way I maintain some focus on prepping, with really no credit to myself, is through the constant media barrage on indicators,...some mild and subtle, others big. Everything from the out of control spending of this government, to the drastic elimination of gun rights in many states and the bent of the Federal Government on gun control.....BTW President Obama was on television recently apologizing to the Mexicans that the U.S. is to blame for most of the violence in Mexico due the American export of guns across the border........and who can forget about inflation and taxation decreasing our standard of living. And then the facts of almost 50 million people on welfare with no end in sight and the possibility of concentrated small armies of hungry, pissed off people means civil chaos.....................Well, I have plenty of reasons to keep prepping.
Sunday, May 12, 2013
Another Great Depression Coming to America
If you need any motivation for prepping then read this article by Michael Synder, "20 Signs That The Next Great Economic Depression Has Already Started In Europe", published on the International Forecaster, which is really an arguement stating that economic depression is already begining in Europe, and in this world economy whatever happens in Europe also will happen in America, especially since America now looks and acts like Europe.
By Michael Snyder
The next Great Depression is already happening - it just hasn't reached the United States yet. Things in Europe just continue to get worse and worse, and yet most people in the United States still don't get it. All the time I have people ask me when the "economic collapse" is going to happen. Well, for ages I have been warning that the next major wave of the ongoing economic collapse would begin in Europe, and that is exactly what is happening. In fact, both Greece and Spain already have levels of unemployment that are greater than anything the U.S. experienced during the Great Depression of the 1930s. Pay close attention to what is happening over there, because it is coming here too. You see, the truth is that Europe is a lot like the United States. We are both drowning in unprecedented levels of debt, and we both have overleveraged banking systems that resemble a house of cards. The reason why the U.S. does not look like Europe yet is because we have thrown all caution to the wind.
The Federal Reserve is printing money as if there is no tomorrow and the U.S. government is savagely destroying the future that our children and our grandchildren were supposed to have by stealing more than 100 million dollars from them every single hour of every single day. We have gone "all in" on kicking the can down the road even though it means destroying the future of America. But the alternative scares the living daylights out of our politicians. When nations such as Greece, Spain, Portugal and Italy tried to slow down the rate at which their debts were rising, the results were absolutely devastating. A full-blown economic depression is raging across southern Europe and it is rapidly spreading into northern Europe. Eventually it will spread to the rest of the globe as well. The following are 20 signs that the next Great Depression has already started in Europe...
#1 The unemployment rate in France has surged to 10.6 percent, and the number of jobless claims in that country recently set a new all-time record.
#2 Unemployment in the eurozone as a whole is sitting at an all-time record of 12 percent.
#3 Two years ago, Portugal's unemployment rate was about 12 percent. Today, it is about 17
#4 The unemployment rate in Spain has set a new all-time record of 27 percent. Even during the Great Depression of the 1930s the United States never had unemployment that high.
#5 The unemployment rate among those under the age of 25 in Spain is an astounding 57.2 percent.
#6 The unemployment rate in Greece has set a new all-time record of 27.2 percent. Even during the Great Depression of the 1930s the United States never had unemployment that high.
#7 The unemployment rate among those under the age of 25 in Greece is a whopping 59.3 percent.
#8 French car sales in March were 16 percent lower than they were one year earlier.
#9 German car sales in March were 17 percent lower than they were one year earlier.
#10 In the Netherlands, consumer debt is now up to about 250 percent of available income.
#11 Industrial production in Italy has fallen by an astounding 25 percent over the past five ears.
#12 The number of Spanish firms filing for bankruptcy is 45 percent higher than it was a year ago.
#13 Since 2007, the value of non-performing loans in Europe has increased by 150 percent.
#14 Bank withdrawals in Cyprus during the month of March were double what they were in February even though the banks were closed for half the month.
#15 Due to an absolutely crippling housing crash, there are approximately 3 million vacant homes in Spain today.
#16 Things have gotten so bad in Spain that entire apartment buildings are being overwhelmed by squatters......A 285-unit apartment complex in Parla, less than half an hour’s drive from Madrid, should be an ideal target for investors seeking cheap property in Spain. Unfortunately, two thirds of the building generates zero revenue because it’s overrun by squatters. “This is happening all over the country,” said Jose Maria Fraile, the town’s mayor, who estimates only 100 apartments in the block built for the council have rental contracts, and not all of those tenants are paying either. “People lost their jobs, they can’t pay mortgages or rent so they lost their homes and this has produced a tide of squatters.”
#17 As I wrote about the other day, child hunger has become so rampant in Greece that teachers are reporting that hungry children are begging their classmates for food.
#18 The debt to GDP ratio in Italy is now up to 136 percent.
#19 25 percent of all banking assets in the UK are in banks that are leveraged at least 40 to 1.
#20 German banking giant Deutsche Bank has more than 55 trillion euros (which is more than 72 trillion dollars) of exposure to derivatives. But the GDP of Germany for an entire year is only about 2.7 trillion euros.
Yes, U.S. stocks have been doing great so far this year, but the truth is that the stock market has become completely and totally divorced from economic reality. When it does catch up with the economic fundamentals, it will probably happen very rapidly like we saw back in 2008.
Our politicians can try to kick the can down the road for as long as they can, but at some point the consequences of our foolish decisions will hunt us down and overtake us. The following is what Peter Schiff had to say about this coming crisis the other day.....
"The crisis is imminent," Schiff said. "I don't think Obama is going to finish his second term without the bottom dropping out. And stock market investors are oblivious to the problems." "We're broke, Schiff added. "We owe trillions. Look at our budget deficit; look at the debt to GDP ratio, the unfunded liabilities. If we were in the Eurozone, they would kick us out."
Schiff points out that the market gains experienced recently, with the Dow first topping 14,000 on its way to setting record highs, are giving investors a false sense of security. "It's not that the stock market is gaining value... it's that our money is losing value. And so if you have a debased currency... a devalued currency, the price of everything goes up. Stocks are no exception," he said.
"The Fed knows that the U.S. economy is not recovering," he noted. "It simply is being kept from collapse by artificially low interest rates and quantitative easing. As that support goes, the economy will implode."
So please don't think that we are any different from Europe. If the United States government started only spending the money that it brings in, we would descend into an economic depression tomorrow. The only way that we can continue to live out the economic fantasy that we see all around us is by financially abusing our children and our grandchildren.
The U.S. economy has become a miserable junkie that is completely and totally addicted to reckless money printing and gigantic mountains of debt. If we stop printing money and going into unprecedented amounts of debt we are finished. If we continue printing money and going into unprecedented amounts of debt we are finished. Either way, this is all going to end very, very badly.
By Michael Snyder
The next Great Depression is already happening - it just hasn't reached the United States yet. Things in Europe just continue to get worse and worse, and yet most people in the United States still don't get it. All the time I have people ask me when the "economic collapse" is going to happen. Well, for ages I have been warning that the next major wave of the ongoing economic collapse would begin in Europe, and that is exactly what is happening. In fact, both Greece and Spain already have levels of unemployment that are greater than anything the U.S. experienced during the Great Depression of the 1930s. Pay close attention to what is happening over there, because it is coming here too. You see, the truth is that Europe is a lot like the United States. We are both drowning in unprecedented levels of debt, and we both have overleveraged banking systems that resemble a house of cards. The reason why the U.S. does not look like Europe yet is because we have thrown all caution to the wind.
The Federal Reserve is printing money as if there is no tomorrow and the U.S. government is savagely destroying the future that our children and our grandchildren were supposed to have by stealing more than 100 million dollars from them every single hour of every single day. We have gone "all in" on kicking the can down the road even though it means destroying the future of America. But the alternative scares the living daylights out of our politicians. When nations such as Greece, Spain, Portugal and Italy tried to slow down the rate at which their debts were rising, the results were absolutely devastating. A full-blown economic depression is raging across southern Europe and it is rapidly spreading into northern Europe. Eventually it will spread to the rest of the globe as well. The following are 20 signs that the next Great Depression has already started in Europe...
#1 The unemployment rate in France has surged to 10.6 percent, and the number of jobless claims in that country recently set a new all-time record.
#2 Unemployment in the eurozone as a whole is sitting at an all-time record of 12 percent.
#3 Two years ago, Portugal's unemployment rate was about 12 percent. Today, it is about 17
#4 The unemployment rate in Spain has set a new all-time record of 27 percent. Even during the Great Depression of the 1930s the United States never had unemployment that high.
#5 The unemployment rate among those under the age of 25 in Spain is an astounding 57.2 percent.
#6 The unemployment rate in Greece has set a new all-time record of 27.2 percent. Even during the Great Depression of the 1930s the United States never had unemployment that high.
#7 The unemployment rate among those under the age of 25 in Greece is a whopping 59.3 percent.
#8 French car sales in March were 16 percent lower than they were one year earlier.
#9 German car sales in March were 17 percent lower than they were one year earlier.
#10 In the Netherlands, consumer debt is now up to about 250 percent of available income.
#11 Industrial production in Italy has fallen by an astounding 25 percent over the past five ears.
#12 The number of Spanish firms filing for bankruptcy is 45 percent higher than it was a year ago.
#13 Since 2007, the value of non-performing loans in Europe has increased by 150 percent.
#14 Bank withdrawals in Cyprus during the month of March were double what they were in February even though the banks were closed for half the month.
#15 Due to an absolutely crippling housing crash, there are approximately 3 million vacant homes in Spain today.
#16 Things have gotten so bad in Spain that entire apartment buildings are being overwhelmed by squatters......A 285-unit apartment complex in Parla, less than half an hour’s drive from Madrid, should be an ideal target for investors seeking cheap property in Spain. Unfortunately, two thirds of the building generates zero revenue because it’s overrun by squatters. “This is happening all over the country,” said Jose Maria Fraile, the town’s mayor, who estimates only 100 apartments in the block built for the council have rental contracts, and not all of those tenants are paying either. “People lost their jobs, they can’t pay mortgages or rent so they lost their homes and this has produced a tide of squatters.”
#17 As I wrote about the other day, child hunger has become so rampant in Greece that teachers are reporting that hungry children are begging their classmates for food.
#18 The debt to GDP ratio in Italy is now up to 136 percent.
#19 25 percent of all banking assets in the UK are in banks that are leveraged at least 40 to 1.
#20 German banking giant Deutsche Bank has more than 55 trillion euros (which is more than 72 trillion dollars) of exposure to derivatives. But the GDP of Germany for an entire year is only about 2.7 trillion euros.
Yes, U.S. stocks have been doing great so far this year, but the truth is that the stock market has become completely and totally divorced from economic reality. When it does catch up with the economic fundamentals, it will probably happen very rapidly like we saw back in 2008.
Our politicians can try to kick the can down the road for as long as they can, but at some point the consequences of our foolish decisions will hunt us down and overtake us. The following is what Peter Schiff had to say about this coming crisis the other day.....
"The crisis is imminent," Schiff said. "I don't think Obama is going to finish his second term without the bottom dropping out. And stock market investors are oblivious to the problems." "We're broke, Schiff added. "We owe trillions. Look at our budget deficit; look at the debt to GDP ratio, the unfunded liabilities. If we were in the Eurozone, they would kick us out."
Schiff points out that the market gains experienced recently, with the Dow first topping 14,000 on its way to setting record highs, are giving investors a false sense of security. "It's not that the stock market is gaining value... it's that our money is losing value. And so if you have a debased currency... a devalued currency, the price of everything goes up. Stocks are no exception," he said.
"The Fed knows that the U.S. economy is not recovering," he noted. "It simply is being kept from collapse by artificially low interest rates and quantitative easing. As that support goes, the economy will implode."
So please don't think that we are any different from Europe. If the United States government started only spending the money that it brings in, we would descend into an economic depression tomorrow. The only way that we can continue to live out the economic fantasy that we see all around us is by financially abusing our children and our grandchildren.
The U.S. economy has become a miserable junkie that is completely and totally addicted to reckless money printing and gigantic mountains of debt. If we stop printing money and going into unprecedented amounts of debt we are finished. If we continue printing money and going into unprecedented amounts of debt we are finished. Either way, this is all going to end very, very badly.
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