Sunday, March 08, 2015
Wake up American’s, your going foreward into rough waters in the next few months. Exactly when is not easy to judge with the Government setting road blocks as well as fake news of un-truths. Oh hell with it, lie’s from the President himself daily. For some reason this guy that is suppose to be clever as well as smart, has to lie even when people know what the truth is.
Roughly 75% of Americans are living paycheck to paycheck, with essentially zero savings, according to a recent study by Bankrate. That means you pay out every penny you make on things in daily life just to survive. Not asingle person has anything to save for the future. Notice 75% if not much higher even.
How can things really be “normal” in America, when the number of people on food stamps has basically doubled since Barack Obama took office… and when HALF of all children born today will be on food stamps at some point in their life? That is if we can even afford that. We are already cutting back on the amount per family as well as singles that have no jobs or means of support. Over 50% of those even working are also receiving food stamps. Oh yes, and it’s no longer called food stamps, but S.N.A.P.
Can our country really be back to “normal” when, according to the most recent numbers from the Census Bureau, an incredible 50% of Americans are receiving benefits from at least one government program EVERY SINGLE month? Ever think of these programs in which as a working person you pay into? Better start thinking after all, it’s also going to take even more of your cash as we go down this HOT path of being broke.
52% of all American workers make less than $30,000 a year? Did you even know this. That is what the very least that you can make in order to pay for your home. Either renting or a housing payment. You have the utilities as well, and never mind about the break downs that may affect your life style, as there going to be carried on a credit card if your lucky enough to afford one let alone even have one. Get thirty days behind on that credit card and your going to pay 25-29 percent on the balance. Extra twenty-five dollars for every hundred carried over to the following month. How in the world can you get out of that debt?
Can things really be “normal” in America when at one point, a single U.S. government-controlled agency (the Federal Reserve) was purchasing up to 70% of the bonds issued by the U.S. Treasury – simply by creating money out of thin air? The government has a printing press that has not stopped printing in order to buy back the bonds that people around this country are turning in to survive. Other countries bonds that they bought malso cashing in now. Our government has 18 Trillion dollars in debt, so we have no choice but to print paper to buy back our own bonds that are worth less as the paper money today even!.
Our country’s money supply has increased by 400% since 2006 – all just printed out of thin air. Look at this chart below… it should scare the hell out of you…Notice I said 2006, just over nine years and how much longer will other countries depend on the failing American dollar? Think about it!
Like I said, no one can tell you when exactly the next crisis is coming. Not me… not anyone else. But I assure you, what’s going on today sure as hell isn’t “normal.”
And it’s guaranteed to end in a disaster.
he next big crisis in America is NOT going to be a “banking crisis” like we had in 2007.
It’s going to be a currency crisis that’s much bigger… and government bailouts aren’t going to do a damn thing to help.
Over the past 100 years, many other governments around the globe have tried to do exactly what our government is doing today…
That is: Print money in massive quantities to pay growing, insurmountable debts.
In just the past 100 years, for example, we’ve seen this scenario play out in Germany, Russia, Austria, Argentina, Brazil, Chile, Poland, the Ukraine, Japan, and China, just to name a few.
And it has a perfect track record…
In every case, in every instance, printing and borrowing money on such levels has ALWAYS led to financial and economic crisis.
Today, that process is well underway in the United States.
Today, we as a nation owe more money to more people than any nation in history. We owe more money than all of the European Union combined. And U.S. debt per person is more than twice as much as in the E.U.
Now our politicians will tell you that everything’s OK. They point to a rising stock market, recovering real estate prices, and declining unemployment and say, hey… we’re back on the right track. We’ll be fine.
Our government would have you believe (without any proof whatsoever), that it can order the Federal Reserve to prevent interest rates from ever rising to a level that would cost the American people or the government anything.
Our politicians believe (again, without any proof whatsoever) that they can stimulate the economy by even more deficit spending, so that it grows faster, allowing tax revenues to produce a surplus.
But you know better, my friend. You must know better. If you don’t then your in for a real shocker very soon!
I believe the dollar could lose its status as the world’s reserve currency and medium of exchange, something that would lead to a huge decline in the standard of living for U.S. citizens like nothing we’ve seen in nearly a century.
I will be surprised if gold does not reach $5,000 an ounce or $6,000 an ounce in the next few years.
I know, most people reading this will do nothing. They’ll say to themselves: “I’ll deal with that when the time comes.”
Many of my friends, colleagues, and family members are still in serious denial about a major currency crisis in the United States. But this is natural…
In the world of psychology, they call this the “normalcy bias.”
You see, the normalcy bias actually refers to our natural reactions when facing a crisis.
It causes smart people to underestimate the possibility of a disaster and its effects. People believe that because something has never happened before… it never will. We are all guilty of it… it’s just human nature.
What’s scary is the normalcy bias often results in making disastrous situations much worse than they would otherwise be. For example, think about the Jewish populations of World War II…
By the end of 1935, 100,000 Jews had left Germany, but 450,000 still [remained]. Wealthy Jewish families… kept thinking and hoping that the worst was over…
People “almost always are too complacent, because they cherish the illusion that when things start to go bad, they will have time to extricate themselves… It never works that way. Events move much faster than anyone expects… History usually doesn’t evolve in a slow and orderly way; often it leaps forward in disorderly, chaotic jumps.
Continue to listen to your music, as if there is nothing to be concerned about, but keep in mind that if you don’t wake up soon, it may be too late for you as well as those that count on you.