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Around 2007 I argued that this could get as bad or worse than the Great Depression. At the time, I thought I was being a bit of an alarmist, but it now has, according to some statistics, actually gotten WORSE than the Great Depression. It is why I now call the Great Depression “World Depression I” (WDI) and I now call this one WDII.

Around 2007 I said this would probably start recovering from bottom in 2011 or 2012. I thought there was a remote possibility that it could go “apocalyptic”. I now FIRMLY believe it will go apocalyptic. As the title says, this is one hell of a cliff. When all is said and done, it will be the biggest socioeconomic collapse in the history of mankind.

In 2007 I said this could, as with WDI, end with a world war. I now have little doubt that it will. And it will be much worse and much more global (e.g. fighting on US soil) than WWII.

But in that last one is a caveat: I believe that for it to be that bad we will be talking Ezekiel 39, Daniel and Revelation. This means the “Beast” will amaze the “non-elect” with his solution to a problem that appears to have no solution. It means we may soon see this person rise to power.

There is no human solution to our problem. We will fall all the way to the bottom before the phoenix can even begin to rise. It’s gonna leave a mark. Pray for your children and grandchildren.

All TARP and the bailouts did was delay the inevitable, and make it much worse in the end.

I agree. I've been a student of eschatology for 30 years. One of the things that always eluded me was the mechanisms by which it happens. My brain works that way. I accept the word of God as truth...but there is that part of my brain that loves to try to figure out "OK...how did we get to 'X'."

I always wondered what would be the mechanism that would FORCE all the countries to give up their currency. Well...now I can honestly see how we get there. Even secular "prepper" types are warning that this is probably the only solution: A world wide "reset."

Around 2007 I said this would probably start recovering from bottom in 2011 or 2012. I thought there was a remote possibility that it could go “apocalyptic”. I now FIRMLY believe it will go apocalyptic.

From 2011 to 2012 our vendors experienced a 40 % drop in sales for an event in Texas. If the economy is now even slowing in Texas, the Fat Lady is singing. Back in 2006-2007 time frame, it was common for our vendors to deal with large $50 and $100 bills during a sales event. This year in California, $20 bills were the large bills. Heck, we were even having people pay with $1 bills.

The only people surviving this are those that cut, cut, and cut their costs and prepare for the slowdown. Coincidentally, that is the exact opposite of what the US government is doing.

So you’re predicting the Rapture is imminent?