Today in a nation of 317 Million people, some 109,631,000 Americans now live in a household that receives government welfare. The number, which is likely much higher, comes from the latest Census Bureau data from the fourth quarter of 2012.
According to the Census Bureau’s 2012 data, the number of people on welfare now outnumbers the number of full-time workers in this country by 6,544,000.
The Coming Collapse:
I believe we’ve reached a point in this country where there’s no longer a way to dig ourselves out of the hole. While the mainstream media and the federal government continues to ignore the problem, the reality of the situation is this country is heading towards not only an economic collapse, but a collapse of society as well.
Over the last 10 days we’ve seen a large segment of the community in Ferguson, Missouri take to the streets violently looting, attacking and even shooting other protestors. The social unrest in this country has reached a boiling point, and it’s not going to take much for this chaos to spread to other areas of the country.
What we’re seeing happen in Ferguson is only the tip of the iceberg; once the printing presses in D.C. stop running, and once we reach the point where the government can no longer continue to fund these welfare programs, the chaos in Ferguson is going to seem like Child’s play.
The Forgotten Collapse:
Unfortunately, most of the country seems to have forgotten how close we came to a complete meltdown of the entire financial system back in 2008. Even more troubling is how the problems that created the 2008 meltdown have been exacerbated in the years following that crisis.
While many in this country continue to buy into the recovery myth, the fact is, our economy is in much worse shape than it was in 2008.
- According to a Bankrate.com report, 26% of Americans have no emergency savings, and two-thirds of people in the U.S. don’t have the recommended six months of emergency expenses put away.
- The labor force participation rate for Americans ages 25 to 29 has fallen to an all-time record low.
- During the first quarter of 2014, earnings by the top U.S. retailers missed estimates by the biggest margin in 13 years.
- 52% of Americans can’t afford their current house payments.
- Total consumer credit has increased by 22 percent over the past three years.
What can you do to prepare for the collapse?
Start an Emergency Fund & Get out of Debt: Starting an emergency fund is one of the best things you can do to protect yourself and your family from not only large-scale disasters, but those events in life that can feel like the end of the world when you’re in the middle of the situation. During any type of economic collapse, those in debt and those without savings are going to immediately feel the pain.
During the 2008 economic meltdown, millions of people lost their homes, lost their jobs, and were unable to pay for even basic necessities because they lacked adequate savings to see them through the disaster. During an economic collapse the possibility of losing your home to debt collectors becomes a real possibility. If you can get out of debt, you limit your risk and put yourself far ahead of most Americans.
Invest in Long-term Consumables: Start stocking up on things that you know you’ll need and use in the future. Emergency supplies, a long-term food pantry, and everyday household goods are all things that you’ll need and will continue to hold their value after the collapse.
Take a serious look at your Defense: If the collapse happens, one of the biggest threats you’re going to face is from people looking to take advantage of the situation. The chaos we are witnessing this week in Ferguson, Missouri is going to pale in comparison to what we’ll see during a full-scale economic collapse.
- Start looking into ways to secure and fortify your home.
- Learn the basics of self-defense, and consider learning how to use a firearm.
- Watch for signs of social unrest, and stay alert to what’s going on around you and in your neighborhood.
Invest in a Bugout Bag, and have an evacuation plan: Having an emergency evacuation plan is an important part of being prepared for any type of disaster. If things start going really bad, there may be a need to temporarily evacuate your immediate area. In cases where evacuation becomes necessary, you need to have a bag full of emergency supplies that are ready to go at a moment’s notice.