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Not Prepared: 17 Signs That Most Americans Will Be Wiped Out By The Coming Economic Collapse
TheEconomicCollapseBlog ^ | 6/25/13 | By Michael

Posted on 06/25/2013 3:02:39 PM PDT by Kartographer

#1 According to a survey that was just released, 76 percent of all Americans are living paycheck to paycheck. But most Americans are acting as if their jobs will always be there. But the truth is that mass layoffs can occur at any time. In fact, it just happened at one of the largest law firms in New York City.

#2 27 percent of all Americans do not have even a single pennysaved up.

#3 46 percent of all Americans have $800 or less saved up.

#4 Less than one out of every four Americans has enough money stored away to cover six months of expenses.

#5 Wages continue to fall even as the cost of living continues to go up. Today, the average income for the bottom 90 percent of all income earners in America is just $31,244. An increasing percentage of American families are just trying to find a way to survive from month to month.

#6 62 percent of all middle class Americans say that they have had to reduce household spending over the past year.

#7 Small business is becoming an endangered species in America. In fact, only about 7 percent of all non-farm workers in the United States are self-employed at this point. That means that the vast majority of Americans are depending on someone else to provide them with an income. But what is going to happen as those jobs disappear?

#8 In 1989, the debt to income ratio of the average American family was about 58 percent. Today it is up to 154 percent.

(Excerpt) Read more at theeconomiccollapseblog.com ...


TOPICS: Business/Economy; Sports
KEYWORDS: cwii; doommonger; preparedness; preppers; uscrisis
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To: 3Fingas
some_text
41 posted on 06/25/2013 3:40:27 PM PDT by 3Fingas (Sons and Daughters of Freedom, Committee of Correspondence)
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To: Kartographer

If I’m going to eat a hog, I want to pretty much know what goes in it. And a parasite is off my menu.


42 posted on 06/25/2013 3:41:06 PM PDT by fwdude ( You cannot compromise with that which you must defeat.)
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To: fwdude
people is easy. vehicles is harder
43 posted on 06/25/2013 3:41:15 PM PDT by BlueDragon
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To: JRandomFreeper

Sorry to hear that you are having any problems. I hope that things improve for you soon.


44 posted on 06/25/2013 3:43:39 PM PDT by 3Fingas (Sons and Daughters of Freedom, Committee of Correspondence)
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To: fwdude

It’s a real problem if you don’t have any fuel for the backhoe. I’m thinking scarecrows. A little twine and a couple of crossbeams and you could have a marionette show for the kiddies. Some strings of lights and you have tasteful holiday decorations. After that, it’s tough.


45 posted on 06/25/2013 3:45:07 PM PDT by Billthedrill
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To: fwdude

Use the dead bodies to keep the zombies at bay.


46 posted on 06/25/2013 3:45:36 PM PDT by VerySadAmerican
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To: Billthedrill

Seriously, I’ve thought of hot composting, but you need a lot of “hot” manure, like chicken.

I once buried a freshly dead skunk in the middle of my compost heap, and at 165 F, it was un-findable after a couple of weeks. No bones or anything.

Just adjust for scale, and I can see this as viable.


47 posted on 06/25/2013 3:47:41 PM PDT by fwdude ( You cannot compromise with that which you must defeat.)
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To: Billthedrill; fwdude; VerySadAmerican

I was told one time that the Turks use to hang bodies of dead thieves in trees around their supply depots in Korean and after which they didn’t have to worry much about other thieves from then on out.


48 posted on 06/25/2013 3:49:49 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: Billthedrill
You are a sick and twisted person.

I knew there was a reason I liked you. ;)

/johnny

49 posted on 06/25/2013 3:50:23 PM PDT by JRandomFreeper (Gone Galt)
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To: fwdude

Anybody in the neighborhood own a backhoe?


50 posted on 06/25/2013 3:52:54 PM PDT by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: JRandomFreeper; Billthedrill

I say feed them to the hogs or anyway other way to completely get rid of the body otherwise they will keep voting ‘DemomRATS’!


51 posted on 06/25/2013 3:53:00 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: Kartographer

When it falls, game on.

Time to get basic.

No electric. Check.
No fuel. Check.
No food. Check.
No Water. Check.

Bic lighters. Check. Tires for necklaces. Check.


52 posted on 06/25/2013 3:53:31 PM PDT by hadaclueonce (dont worry about Mexico, put the fence around kalifornia.)
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To: hadaclueonce

Snow tries for ballistic protection. check


53 posted on 06/25/2013 3:54:29 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: 3Fingas
Life just is. I'm blessed to be prepared for things. My garden is going great, and I eat out of it every day. I'll be canning tomatoes in a few weeks that should get me through winter, along with the fall tomato crop. My tobacco is as tall as I am. Plenty of onions to take me through till next spring, even without the fall crop. I've got enough cantaloupes that I'll be bartering with those when they come into harvest.

I have the tools and the skills and faith in God. It just don't work without those things.

/johnny

54 posted on 06/25/2013 3:55:01 PM PDT by JRandomFreeper (Gone Galt)
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To: JRandomFreeper

two cases of the cheapest whiskey in half pints will make you rich.


55 posted on 06/25/2013 3:55:14 PM PDT by hadaclueonce (dont worry about Mexico, put the fence around kalifornia.)
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To: miliantnutcase

Add half pints of liquor and tampons to that list. Sounds funny but both those items will trade easily.


56 posted on 06/25/2013 3:56:59 PM PDT by muir_redwoods (Don't fire until you see the blue of their helmets)
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To: hadaclueonce
If it goes completely feral, I can make my own, just like I grow my own tobacco now. But the gooberment certainly frowns on making who-hit-john without the paperwork and the taxes, so that's out for now. ;)

/johnny

57 posted on 06/25/2013 3:58:04 PM PDT by JRandomFreeper (Gone Galt)
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To: Kartographer

Item #1 contradicts item #3.

If 75% of Americans live paycheck-to-paycheck then their effective rate of savings is zero. Then how can 46% save less than $800 because then at least that 46% is not living paycheck-to-paycheck.


58 posted on 06/25/2013 4:03:05 PM PDT by MeganC (A gun is like a parachute. If you need one, and don't have one, you'll never need one again.)
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To: MeganC

If you have $800.00 in the bank and your next paycheck is say $1200.00 but your bills dues when you get that check are $1500.00. What would you call that?


59 posted on 06/25/2013 4:07:43 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: JRandomFreeper; Kartographer

You have tobacco, I have cases and cases of wine (along with all our other Prepper supplies)

They will both be very valuable for bartering. I recently had a neighbor who traded me five free-range chickens for two bottles of wine. I froze the chickens, they got drunk. Guess who was happier the next day?


60 posted on 06/25/2013 4:08:05 PM PDT by Rushmore Rocks
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