Is a Major Financial Collapse Coming in 2012?
It seems that lately everyone is heralding the recovery of our economic fortunes. From the mainstream media trumpeting the Dow closing over 13,000 for the first time since 2008, to the White House claiming a strong economic recovery is in progress.
But are we really in recovery mode, or is the country in worse shape than we are being told?
For months now the Mainstream Media has been reporting how the Unemployment numbers keep dropping. In fact, this month they say it’s all the way down to 8.3%. But when you look at the real numbers of those who are unemployed the numbers tell an entirely different story.
88 Million Americans! - That’s the real number of people who are not employed and have stopped actively looking for a job. The number is at its highest levels since 1983, and completely debunks the 8.3% unemployment rate that the Government keeps repeating. When we look at the percentage of American Men who have left the workplace the numbers are even more alarming.
Dependence on the .Gov to Survive
Food Stamps – U.S. food-stamp use has hit an all time record high, according to the most recent numbers over 46.5 million Americans are now dependent on food stamps. The number of those on food stamps has jumped almost 50% since Obama became president and is expected to easily top 50 million by years end.
Government Dependence – It’s not just food stamps, according to a recent study by the Heritage Foundation, 67.3 million Americans now depend on Federal assistance in some way.
Growing Number of States Preparing for Collapse of the U.S. Federal Government
From States who have tried to pass legislation in preparation for a collapse of the federal government, to the 13 states that are looking into offering an alternative currency, the writing seems to be on the wall….
Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, lawmakers from 13 states, including Minnesota, Tennessee, Iowa, South Carolina and Georgia, are seeking approval from their state governments to either issue their own alternative currency or explore it as an option. Just three years ago, only three states had similar proposals in place. CNN
Are you prepping for a Financial Collapse?
A number of prominent Financial Analysts are warning people to plan for an economic 9/11
A number of analysts, many of whom predicted the 2008 crisis, are starting to warn Americans to prepare for another financial crash. Trend forecaster Gerald Celente is advising people to buy a guns, gold and prepare for major riots in the next year. While, I don’t think anyone can predict exactly what’s to come, one thing seems almost inevitable. This country seems to be teetering on the edge of a major financial crisis like nothing we have seen before.
None of the problems that caused the crash of 2008 have been resolved, and since 2008 the country has only added to the problem. With the U.S. Debt clock quickly approaching $15.5 trillion in debt, I don’t see how any rational person can not see that there is major trouble ahead.