Keyword: economiccollapse
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What is the best place to live in the United States? I get asked that question all the time. My answer can be summed up in two words: it depends. The truth is that the answer is going to be different for each person. All of us have different goals and different needs. If you have a very strong network of family and friends where you live right now, you might want to think twice before moving hundreds or thousands of miles away. If you have a great job where you live right now, you might want to hold...
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In case you haven't noticed, the world is on the verge of a horrific global food crisis. At some point, this crisis will affect you and your family. It may not be today, and it may not be tomorrow, but it is going to happen. Crazy weather and horrifying natural disasters have played havoc with agricultural production in many areas of the globe over the past couple of years. Meanwhile, the price of oil has begun to skyrocket. The entire global economy is predicated on the ability to use massive amounts of inexpensive oil to cheaply produce food and...
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The discussions and facts concerning an impending economic collapse have been an ongoing source of contention since the last presidential election. I am cognizant of the facts and the Cloward-Piven Strategy as well as the lack of leadership in the political arena to address the necessary measures to return to a responsible fiscal policy. The issue that I want to address is one with “We the People”. How many conversations have you had concerning your personal finances in respect to credit cards? Have you considered running up multiple credit card balances since the dollar will collapse or hyperinflation will make...
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Click the link. It's devastating to Obama.
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In response to my ongoing discussion of a deflationary depression versus an inflationary depression, readers often ask me if a “soft landing” is possible. I guess the answer to that question depends on how you define soft landing. If by soft landing, you mean we will somehow muddle through, things will calm down on their own, and we will not experience a great deal of pain, the answer is no. But if your definition of soft landing is an economy that declines slowly, without violent revolution, I would say such a scenario is possible. There are a number of complex...
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It was during that conversation with Ray a few days ago that he nailed me with that question. We had been talking for about an hour about how things went down here in Argentina, the similarities, inflation, how “shopping carts” keep getting more and more expensive, how crime affects your lifestyle. But what to do? The person now gets it, the person not only understands the wisdom in preparing for disasters large and small but comprehends that due to the current economic situation, life in general is going to change from now on, unemployment, inflation, loss of life quality in...
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WHEREAS, the present monetary and banking systems of the United States, centered around the Federal Reserve System, have come under ever-increasing strain during the last several years, and will be exposed to ever-increasing and predictably debilitating strain in the years to come. WHEREAS, many widely recognized experts predict the inevitable destruction of the Federal Reserve System’s currency through hyperinflation in the foreseeable future. WHEREAS, in the event of hyperinflation, depression, or other economic calamity related to the breakdown of the Federal Reserve System, for which the Commonwealth is not prepared, the Commonwealth’s governmental finances and Virginia’s private economy will be...
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In the lead up to the 2008 Presidential election college campuses fairly crackled with excitement and anticipation. The oh-so-much-more enlightened “Youth vote” was ready to explode and “show” the older generations who was the smartest most compassionate and most politically correct generation in American history. They intended to elect America’s first Black president, and they did. Now two years later those 18 to 24 year olds look like the dumbest group of people ever to walk into a polling place. The most recent USA TODAY analysis of the employment picture reveals the startling fact that, as a group, those aged...
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Unlike Zimbabwe, the U.S. can easily get the currency it needs without being beholden to anyone. But wouldn't that dilute the value of the currency? No... ...If the Fed were to follow the lead of Japan and hold federal debt equal to the country’s gross domestic product, the Fed would be holding $14.75 trillion in federal securities, enough to refinance the ENTIRE U.S. federal debt of $13.8 trillion virtually interest-free. The federal debt hasn’t been paid off since the 1830s under President Andrew Jackson. It is just rolled over from year to year. An interest-free debt rolled over indefinitely is...
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Is the beast of deflation crouching outside our door? Could this be the real reason behind the Federal Reserve's recent injection of $600 billion into the economy? Despite the logic of much of the criticism being aimed at the Fed, it may be doing what it has to do to keep the country from spiraling down into a deeper recession. In the midst of what amounts to a virtual economic war with some of our trading partners, it's important for us to understand exactly what is at risk and what the Fed is up to. First, the risk: Deflation is...
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Even if IÂ’m wrong, and my old rival Paul Krugman is rightÂ… and that is possible. I donÂ’t rule that out. Even if heÂ’s right and the interest rate is low, the bond market is in a coma, and the vigilante go off and take up some other activities. Recurrent deficits year after year, never much less than 5 percent of GDP even on the administrationÂ’s optimistic forecasts, plus debt accumulation as a result mean inevitably that interest payments will consume a rising proportion of tax revenue. The process I have described you is independent of any bond market panic....
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http://www.youtube.com/watch?v=po6HhQ1ZRxE&feature=player_embedded Subscribe Free http://www.inflation.us Must See! End of Liberty http://www.inflation.us/videos
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The rapper, who gave the world the hit single "Ice Ice Baby" in the early '90s, is showcasing his little-known talent for flipping homes in his new DIY Network show "The Vanilla Ice Project." Robert Van Winkle, a.k.a Vanilla Ice, chats about remodeling houses for 15 years and his new album. Video at site.
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.... a must-see interview on Democracy Now where he says a second, more catastrophic crisis is unavoidable because our economic model is "dramatically poisonous." ..."Greed is the dominant value today in the world and as long as that persists, we're done!" But he doesn't just mean done economically, he means done as a species. Snip ... "next crisis is coming, and it will be twice as much as this one (referring to financial collapse of 2008)." Only for this one, "there will not be enough money anymore -- so that will be it!" Even more frightening are his views that...
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Investing For Mexico’s Social And Economic Collapse Politics / Mexico Aug 13, 2010 - 08:05 AM By: Sean Brodrick There is a war next door, and our neighbor may be losing. I’m talking about Mexico’s ongoing battle with violent drug gangs. The northern parts of Mexico are becoming lawless, and the drug gangs are taking steps to set themselves up as de facto governments. This could have big implications for Mexico and for its oil production. And Mexico is our number 2 supplier of imported oil. Does the fallout from Mexico’s collapse extend beyond oil? Heck, yeah! The U.S. share...
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Democracy could ‘collapse’ in Greece, Spain and Portugal unless urgent action is taken to tackle the debt crisis, the head of the European Commission has warned. In an extraordinary briefing to trade union chiefs last week, Commission President Jose Manuel Barroso set out an ‘apocalyptic’ vision in which crisis-hit countries in southern Europe could fall victim to military coups or popular uprisings as interest rates soar and public services collapse because their governments run out of money.
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Is this finally the economic collapse? By Keith R. McCullough, contributorAugust 11, 2010: 2:07 PM ET FORTUNE -- The Great Depression. Wall Street in 1987. Japan in 1997. Points of economic collapse are generally crystal clear in the rear-view mirror. Professional politicians in Japan have been telling stories for 20 years as to why they can prevent economic stagnation. In the US, the storytelling started in 2007. All the while, stock market and real-estate prices have repeatedly rallied to lower-highs, then collapsed again, to lower-lows. Despite the many differences between Japan and the US, there is one similarity that continues...
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This video provides shocking details about the future of America's economy. It's a MUST WATCH.
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Dr. Ron Paul explains why income tax and the FED are contradictory to individualist freedom. Most freepers disagree w/ Dr. Paul on foreign policy and I do too but this video is worth listening to.
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GLENDALE, Ariz. – Sen. John McCain hasn't always talked tough on immigration. That haunted his presidential ambitions, and now his political survival hinges on whether he can show that his conversion is genuine. It hasn't been easy. Boycotts, vigils and a legal fight over the state's attempted crackdown on illegal immigrants have kept voters attuned to each nuance in his run for re-election. "Since 2007, I've said we have to secure the border first. I said it in 2008 and 2009 and 2010," McCain told 120 people at a town hall meeting in suburban Phoenix. Leaning against the back wall...
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