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Economic Collapse In Process: This Process Will Have Some Surprises, It Won’t Be A Total Fast Shut Down, Things Will Look A Little Like The 2008 Crisis, With Only Half Of People Paying Attention

When Hyperinflation begins…that’s when most folks will start to pay attention. I think we’ll be seeing huge chaotic signals in the markets by the end of 2014 (Q3 to Q4) but we might not see the actual hyperinflation begin until next year…

Is the Global Economy Slowly Falling Apart?

It’s conventional wisdom that the U.S. economy is steadily recovering from the recession, even if progress is slow and disappointing. But there’s also a widespread sense that long-term economic prospects are deteriorating all around the world. Young people can’t find jobs. Budgets keep being cut in both the public and the private sectors. And the projected increase in debt over the next decade figures to be a huge burden for the most highly developed economies. Political systems seem unable to cope with problems that ought to be fairly easy to solve, or at least contain. As the recent crisis in Cyprus demonstrates, a minor dislocation can become a threat to the entire global financial system overnight.

The U.S. is deeply troubled too. Deficits remain enormous, and the checks and balances of the political system have turned into a logjam.  When the latest bubble pops, there will be nothing to stop the collapse.”

This view may be extreme, but there’s hard evidence to substantiate the idea that the global economy is becoming more rickety. Although the developed world today is considerably richer overall than it was when Stockman worked in the Reagan Administration, creditworthiness has been steadily declining. The global supply of AAA-rated government bonds has shrunk by more than 60% since the financial crisis began. And while dozens of big U.S. corporations had top bond ratings 30 years ago, today that group has dwindled to four: Automatic Data Processing, Exxon Mobil, Johnson & Johnson and Microsoft….

  • Economic Reality Finally Cracks Market Fervor
    As evidence mounts that a midyear slowdown is taking place in the world economy, the next few days will offer a clearer glimpse of how that will impinge on policymaking and buoyant financial markets.

Systemic crisis 2014: with record stock exchange highs, the planet’s imminent plunge into recession

Despite a feeling of relative calm given by both the media and the American and Japanese financial markets going from record to record, the world economy is slowing down badly and a widespread recession is looming. The various players are fully aware of it and, in the face of the challenges of an imminent collapse, countries or regions are putting various strategies in place to try and limit the consequences. Whilst some seem dictated by desperation or last chance solutions, others on the contrary bear witness to a real adaptation to the world’s current changes. And it’s no surprise that, in the first category, we find the “powers of the world before” which no longer have any real options.

Layout of the full article :
1. World recession in sight
2. The banks’ doubtful business
3. Tax haven all hell
4. Neo-protectionism between regional blocs
5. Emerging nations’ strategy in gold
6. The Fed’s last bullets
7. Euroland : national unity governments and the ECB to the rescue
8. High risk strategies

40 Statistics About The Fall Of The U.S. Economy That Are Almost Too Crazy To Believe

If you know someone that actually believes that the U.S. economy is in good shape, just show them the statistics in this article.

The following are 40 statistics about the fall of the U.S. economy that are almost too crazy to believe…

#1 Back in 1980, the U.S.national debt was less than one trillion dollars.  Today, it is rapidly approaching 17 trillion dollars…

#2 During Obama’s first term, the federal government accumulated more debt than it did under the first 42 U.S presidents combined.

#3 The U.S. national debt is now more than 23 times larger than it was when Jimmy Carter became president.

#4 If you started paying off just the new debt that the U.S. has accumulated during the Obama administration at the rate of one dollar per second, it would take more than 184,000 years to pay it off.

#5 The federal government is stealing more than 100 million dollars from our children and our grandchildren every single hour of every single day.

#6 Back in 1970, the total amount of debt in the United States (government debt + business debt + consumer debt, etc.) was less than 2 trillion dollars.  Today it is over 56 trillion dollars…

#7 According to the World Bank, U.S. GDP accounted for 31.8 percentof all global economic activity in 2001.  That number dropped to 21.6 percent in 2011.

#8 The United States has fallen in the global economic competitiveness rankings compiled by the World Economic Forum for four years in a row.

#9 According to The Economist, the United States was the best place in the world to be born into back in 1988.  Today, the United States is only tied for 16th place.

#10 Incredibly, more than 56,000 manufacturing facilities in the United States have been permanently shut down since 2001.

#11 There are less Americans working in manufacturing today than there was in 1950 even though the population of the country has more than doubled since then.

#12 According to the New York Times, there are now approximately 70,000 abandoned buildings in Detroit.

#13 When NAFTA was pushed through Congress in 1993, the United States had a trade surplus with Mexico of 1.6 billion dollars.  By 2010, we had a trade deficit with Mexico of 61.6 billion dollars.

#14 Back in 1985, our trade deficit with China was approximately 6million dollars (million with a little “m”) for the entire year.  In 2012, our trade deficit with China was 315 billion dollars.  That was the largest trade deficit that one nation has had with another nation in the history of the world.

#15 Overall, the United States has run a trade deficit of more than 8 trillion dollars with the rest of the world since 1975.

#16 According to the Economic Policy Institute, the United States is losing half a million jobs to China every single year.

#17 Back in 1950, more than 80 percent of all men in the United States had jobs.  Today, less than 65 percent of all men in the United States have jobs.

Check out this incredible way of becoming food independent on Backyard Liberty, and find out more about off-grid survival on Conquering the Coming Collapse.

#18 At this point, an astounding 53 percent of all American workers make less than $30,000 a year.

#19 Small business is rapidly dying in America.  At this point, only about 7 percent of all non-farm workers in the United States are self-employed.  That is an all-time record low.

#20 Back in 1983, the bottom 95 percent of all income earners in the United States had 62 cents of debt for every dollar that they earned.  By 2007, that figure had soared to $1.48.

Japan QE Suprise!  GLOBAL DEPRESSION “Trigger Mechanism”: Collapse of Japanese Govt Bonds – 10-Year Now at 1%!!! Japanese BOND Market Closed – Nikkei DOWN over 1000 POINTS!!! Start of Reflation Bubble Bust?!?!

  • Japanese Stocks Extend Overnight Plunge – Down Over 14% From Highs

Christine Hughes, President and Chief Investment Strategist, discusses details of Japan’s radical monetary policy.

the key part of the video, for ease of viewing:

No easy way out of easy money for the U.S. or Japan: Dallara

Perhaps worries about the Fed’s quantitative-easing exit, which have triggered sharp losses for Japan stocks andbroke a four-week winning streak for Wall Street, aren’t exactly being overplayed.

“We’re expecting too much of the Federal Reserve, and Bank of Japan, and I’m growing increasingly concerned that we’re not going to find an easy and smooth exit out of QE in the U.S. or for that matter in Japan.”

That was Charles Dallara, the former managing director of the Institute of International Finance, a major lobby group for financial institutions, speaking to CNBC on Monday. Dallara was lead negotiator for private bondholders in talks to restructure Greek debt last year during the height of the European debt crisis.

Dallara, now chairman of the Americas at investment management company Partners Group, says he was a firm supporter of quantitative easing in 2009, 2010 and 2011, but now says the question must be asked as to whether that easy money has gone on too long and if the seeds are being sown for a “sharp correction not just in bond markets, but in stock markets.

“We’re running out of room for the Fed to be a dominant part of the solution of our recovery…in many ways it’s been the only game in town as the U.S. has struggled to get a handle on our fiscal deficit…frankly, I think we have a growing risk of a severe correction in the bond and stock markets.”

China Leaders Signal Tolerance for Slowdown; Policy Shift Planned

China’s President Xi Jinping signaled a tolerance for slower expansion to avoid environmental degradation as policy makers outlined plans for the private sector to take a bigger role in boosting growth.

The country won’t sacrifice the environment to ensure short-term growth, Xi said during a study session of the Communist Party’s top leadership on Friday. His comments followed a statement issued on the same day that the State Council, which is chaired by Premier Li Keqiang, approved measures including tax reform to revamp the economy.

Xi and Li, who took over respectively as president and premier in March, are laying the groundwork to cut the government’s role in the economy, open state-dominated industries to private investment and revamp the household registration system that’s hampering urbanization. Some changes are already being trialed, while others will be decided at a meeting of the Communist Party’s leadership later this year.

“Reforms are more pressing now; growth is running out of space, there’s more pressure on the labor markets and local governments have too much debt,” said Jean-Pierre Cabestan, head of the department of government and international studies at Hong Kong Baptist University who has studied Chinese politics for three decades. “They need to boost the economy but they can’t do it with another stimulus or some form of quantitative easing.”

21 Stock Market Warning Signs Giving Global Investors Cold Sweats

This past week saw the stock market sell-off a bit.With markets near all-time highs, is it possible we’ve seen the top?”They come and go,” said Jack Bogle, warning that the market is probably due for a 25-50% sell-off. “I went through one in 1973-1974, I went through one in 2001, 2002, 2003; I went through another one 2008-2009. They’re kind of scary — often terrifying — but it’s typical.”

Indeed, the bears seem to have an overwhelming number of reasons to be worried.

We’ve compiled 21 big warning signals that are keeping the stock market’s bulls on edge and its bears on the sidelines.

First, there are signs that the latest buyers are buying recklessly.

Also, there is a lot of proof that the outlook for demand is deteriorating, profits are falling, and profit margins are too optimistic.

And it’s not just a single company or industry sending warning signals. The breadth of warnings is both historic and startling.

If you’re an investor thinking about making a move in the stock market, then you should probably consider these warning signals.

Other useful resources:

Blackout USA (EMP survival and preparedness)

Conquering the coming collapse (Financial advice and preparedness )

Liberty Generator (Build and make your own energy source)

Backyard Liberty (Easy and cheap DIY Aquaponic system to grow your organic and living food bank)

 

Source: prepperfortress.com

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