The American Apocalypse - An Interesting View.

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ghulam muhammed
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Re: The American Apocalypse - An Interesting View.

#31

Unread post by ghulam muhammed » Fri Feb 22, 2013 6:01 pm

US Economy....Brilliant comment !

Dr. Marc Faber, the investment guru, concluded his monthly bulletin with the following comments! :

"The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China . If we spend it on gasoline it goes to the Arabs. If we buy a computer, it will go to India . If we purchase fruits and vegetables it will go to Mexico , Honduras and Guatemala . If we purchase a good car, it will go to Germany and Japan . If we purchase useless crap, it will go to Taiwan . In short, none of it will help the American economy.
The only way to keep that money here at home is to spend it on Guns, Prostitutes, and Beer, since these are the only products still produced in the US . I've been doing my bit!



ghulam muhammed
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Re: The American Apocalypse - An Interesting View.

#32

Unread post by ghulam muhammed » Tue Apr 09, 2013 4:53 pm

A Note from the Night Watchman


Once upon a time the government had a vast scrap yard in the middle of a desert.

Congress said, "Someone may steal from it at night."

So they created a night watchman position and hired a person for the job.

Then Congress said, "How does the watchman do his job without instruction?"

So they created a planning department and hired two people, one person to write the instructions, and one person to do time studies.

Then Congress said, "How will we know the night watchman is doing the tasks correctly?"

So they created a Quality Control department and hired two people. One was to do the studies and one was to write the reports.

Then Congress said, "How are these people going to get paid?"

So they created two positions: a time keeper and a payroll officer then hired two people.

Then Congress said, "Who will be accountable for all of these people?"

So they created an administrative section and hired three people, an Administrative Officer, Assistant Administrative Officer, and a Legal Secretary.

Then Congress said, "We have had this command in operation for one year and we are $918,000 over budget, we must cut back."

So they laid off the night watchman.

NOW slowly, let it sink in.

Quietly, we go like sheep to slaughter. Does anybody remember the reason given for the establishment of the DEPARTMENT OF ENERGY during the Carter administration?

Anybody?

Anything?

No?

Didn't think so!

Bottom line is, we've spent several hundred billion dollars in support of an agency, the reason for which very few people who read this can remember!

Ready??

It was very simple... and at the time, everybody thought it very appropriate.

The Department of Energy was instituted on 8/04/1977 TO LESSEN OUR DEPENDENCE ON FOREIGN OIL.

Hey, pretty efficient, huh???

AND NOW IT'S 2013-- 36 YEARS LATER -- AND THE BUDGET FOR THIS "NECESSARY" DEPARTMENT IS AT $24.2 BILLION A YEAR. IT HAS 16,000 FEDERAL EMPLOYEES AND APPROXIMATELY 100,000 CONTRACT EMPLOYEES; AND LOOK AT THE JOB IT HAS DONE!

(THIS IS WHERE YOU SLAP YOUR FOREHEAD AND SAY, "WHAT WERE THEY THINKING?")
36 years ago 30% of our oil consumption was foreign imports. Today 70% of our oil consumption is foreign imports.

Ah, yes -- good old Federal bureaucracy.

NOW, WE HAVE TURNED OVER THE BANKING SYSTEM, HEALTH CARE, AND THE AUTO INDUSTRY TO THE SAME GOVERNMENT?

Hello!! Anybody Home?

Signed....The Night Watchman



ghulam muhammed
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Re: The American Apocalypse - An Interesting View.

#33

Unread post by ghulam muhammed » Sat Apr 20, 2013 5:47 pm

Why Is The World Economy Doomed? The Global Financial Pyramid Scheme By The Numbers

Why is the global economy in so much trouble? How can so many people be so absolutely certain that the world financial system is going to crash? Well, the truth is that when you take a look at the cold, hard numbers it is not difficult to see why the global financial pyramid scheme is destined to fail. In the United States today, there is approximately 56 trillion dollars of total debt in our financial system, but there is only about 9 trillion dollars in our bank accounts. So you could take every single penny out of the banks, multiply it by six, and you still would not have enough money to pay off all of our debts. Overall, there is about 190 trillion dollars of total debt on the planet. But global GDP is only about 70 trillion dollars. And the total notional value of all derivatives around the globe is somewhere between 600 trillion and 1500 trillion dollars. So we have a gigantic problem on our hands. The global financial system is a very shaky house of cards that has been constructed on a foundation of debt, leverage and incredibly risky derivatives. We are living in the greatest financial bubble in world history, and it isn't going to take much to topple the entire thing. And when it falls, it is going to be the largest financial disaster in the history of the planet.

The global financial system is more interconnected today than ever before, and a crisis at one major bank or in one area of the world can spread at lightning speed. As I wrote about yesterday, the entire European banking system is leveraged 26 to 1 at this point. A decline in asset values of just 4 percent would totally wipe out the equity of many of those banks, and once a financial panic begins we could potentially see major financial institutions start to go down like dominoes.

We got a small taste of what that is like back in 2008, and it is inevitable that it will happen again.

Anyone that would tell you that the current global financial system is sustainable does not know what they are talking about. Just look at the numbers that I have posted below.

Every single day, the total amount of debt will continue to grow faster than the total amount of money until the day that this bubble bursts.

What we witnessed back in 2008 was just a little "hiccup" in the system. It caused the worst economic downturn since the Great Depression, but global financial authorities were able to get things stabilized.

Next time it won't be so easy.

The dominoes are starting to tumble, and the United States won't be immune. In fact, the greatest financial problems that the United States has ever seen are on the horizon.

But you can just have faith that Ben Bernanke, Barack Obama and the U.S. Congress know exactly what they are doing and will be able to save us from the coming financial collapse if you want.

The mainstream media will provide you with all of the positive economic news that you could possibly want. They are giddy about the fact that the Dow keeps hitting all-time highs and they would have us all believe that we are in the midst of a robust economic recovery. You can listen to them if you want to.

But when you are tempted to believe that everything is going to be "okay" somehow, just go back and look at the numbers there were posted above one more time.

There is no way that the global financial pyramid scheme is going to be able to hold up for too much longer. At some point it is going to totally collapse. When that happens, will you be ready?

http://theeconomiccollapseblog.com/arch ... he-numbers



shapur
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Re: The American Apocalypse - An Interesting View.

#34

Unread post by shapur » Sun Apr 21, 2013 1:10 am

Another interesting article forecasting the impending doom on the lines of "global warming","nuclear war","cultural degeneration",etc.
Its always the way to go when motivated,surreptitious,dubiously-focussed man-made systems gain popularity and replace God-ordained and God-given blue-prints and roadmaps. So much so, it leads one to conclude that:-
Democracy is actually Demon cracy.
Freedom is actually Free doom.
Capitalism is actually cap-it-all- ism ( sub ko topi pehnaao).



ghulam muhammed
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Re: The American Apocalypse - An Interesting View.

#35

Unread post by ghulam muhammed » Wed May 01, 2013 5:28 pm

When Your Boss Steals Your Wages – The Invisible Epidemic That’s Sweeping America

Imagine you’ve just landed a job with a big-time retailer. Your task is to load and unload boxes from trucks and containers. It’s back-breaking work. You toil 12 to 16 hours a day, often without a lunch break. Sweat drenches your clothes in the 90-degree heat, but you keep going: your kids need their dinner. One day, your supervisor tells you that instead of being paid an hourly wage, you will now get paid for the number of containers you load or unload. This will be great for you, your supervisor says: More money! But you open your next paycheck to find it shrunken to the point that you are no longer even making minimum wage. You complain to your supervisor, who promptly sends you home without pay for the day. If you pipe up again, you’ll be looking for another job.

Everardo Carrillo says that's just what happened to him and other low-wage employees who worked at a Southern California warehouse run by a Walmart contractor. Carrillo and his fellow workers have launched a multi-class-action lawsuit for massive wage theft (Everardo Carrillo et al. v. Schneider Logistics) in a case that’s finally bringing national attention to an invisible epidemic. (Walmart, despite its claims that it has no responsibility for what its contractors do, has been named a defendant.)

What happened to Carrillo happens every day in America. And it could happen to you.

A conservative estimate of unpaid overtime alone shows that it costs workers at least $19 billion per year.

The laws protecting workers are grossly inadequate, and wage thieves go unpunished. For giant companies like Walmart, Citigroup and UPS, getting fined is just the cost of doing business. You could even say that they're incentivized to cheat because punishment is so unlikely, and when it happens, so light.

A survey of over 4,000 workers in Chicago, L.A. and New York found that minimum and overtime violations were rife, and any attempt to complain or organize was swiftly met with punishment. Among the revelations:
•26 percent of low-wage workers got paid less than the minimum wage.
•76 percent of workers toiling over 40 hours were denied overtime.
•Workers lose an average of $2,634 a year due to these and other workplace violations.

Women, minorities, immigrants, and workers at the bottom of the wage scale are hardest hit, but wage theft is thriving across the employment spectrum.

People hired for jobs like yard work and domestic services in which the employer pays cash are denied social insurance like Social Security, and often what’s paid doesn’t add up to minimum wage.

Another common form of theft is the “last paycheck” scam in which a worker is either fired or quits and finds that her final wages are withheld.

Low-wage tip workers are frequently the victims of theft in which the boss illegally keeps tips or makes you pay for your uniform or a ride to the job site.

Then there’s the payroll fraud scam. Misclassifying workers as independent contractors means the business doesn’t pay overtime, employer contributions to Social Security and Medicare, or unemployment insurance.

You might think that joining the managerial ranks would protect you from wage theft. You would be wrong. Some people are given titles as managers so they can be forced to work overtime without extra pay.

Walmart has engaged in so many of these practices that researcher Susan Miloser of Washington & Lee Law School refers to retail wage theft as a result of managerial strain the “Walmart Pinch.”

The Department of Labor is supposed to enforce fair labor practices, but budget cutting at the insistence of Big Business has had the desired effect. Currently, there are only 1,000 enforcement officers protecting 135 million workers. That would be enough to cover, say, the city of Chicago. Maybe!

http://www.nakedcapitalism.com/2013/04/ ... erica.html



ghulam muhammed
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Re: The American Apocalypse - An Interesting View.

#36

Unread post by ghulam muhammed » Thu May 30, 2013 6:38 pm

World Bank Insider Blows Whistle on Corruption, Federal Reserve

A former insider at the World Bank, ex-Senior Counsel Karen Hudes, says the global financial system is dominated by a small group of corrupt, power-hungry figures centered around the privately owned U.S. Federal Reserve. The network has seized control of the media to cover up its crimes, too, she explained. In an interview with The New American, Hudes said that when she tried to blow the whistle on multiple problems at the World Bank, she was fired for her efforts. Now, along with a network of fellow whistleblowers, Hudes is determined to expose and end the corruption. And she is confident of success.

“I realized we were now dealing with something known as state capture, which is where the institutions of government are co-opted by the group that’s corrupt, The pillars of the U.S. government — some of them — are dysfunctional because of state capture; this is a big story, this is a big cover up.”

At the heart of the network, Hudes said, are 147 financial institutions and central banks — especially the Federal Reserve, which was created by Congress but is owned by essentially a cartel of private banks.

The Fed in particular is at the very center of the network and the coverup, Hudes continued, citing a policy and oversight body that includes top government and Fed officials. Central bankers have also been manipulating gold prices.

“So the Federal Reserve secretly dominated the world economy using secret, interlocking corporate directorates, and terrorizing anybody who managed to figure out that they were having any kind of role, and putting people in very important positions so that they could get a free pass.”

“Now, are people going to want interest on their country’s debts to continue to be paid to that group when they find out the secret tricks that that group has been doing? Don’t forget how they’ve enriched themselves extraordinarily and how they’ve taken taxpayer money for the bailout.

The World Bank whistleblower also said that contrary to official claims, she did not believe there was any gold being held in Fort Knox. Even congressmen and foreign governments have tried to find out if the precious metals were still there, but they met with little success. Hudes, however, believes the scam will eventually come undone.

“This is like crooks trying to figure out where they can go hide. It’s a mafia, These culprits that have grabbed all this economic power have succeeded in infiltrating both sides of the issue, so you will find people who are supposedly trying to fight corruption who are just there to spread disinformation and as a placeholder to trip up anybody who manages to get their act together.… Those thugs think that if they can keep the world ignorant, they can bleed it longer.”

"The powers of financial capitalism had a far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole, This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations."

While Hudes sounded upbeat, she recognizes that the world is facing serious danger right now — there are even plans in place to impose martial law in the United States, she said. The next steps will be critical for humanity. As such, Hudes argues, it is crucial that the people of the world find out about the lawlessness, corruption, and thievery that are going on at the highest levels — and put a stop to it once and for all. The consequences of inaction would be disastrous.

http://www.thenewamerican.com/economy/e ... al-reserve



ghulam muhammed
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Re: The American Apocalypse - An Interesting View.

#37

Unread post by ghulam muhammed » Sun Nov 10, 2013 5:07 pm

What the Shutdown Cost

The White House has issued a report on the costs of the October shutdown, the second longest since 1980. Readers will recall that Republicans refused to fund the government because…well actually it was a little unclear. Something to do with stopping the Affordable Care Act, or maybe just putting “points on the board.”

At any rate, it was harmful. Here are some highlights, cribbed directly from the report. What follows isn’t comprehensive, but should give a sense of the damage.

The shutdown:
Disrupted private-sector lending to individuals and small businesses. During the shutdown, banks and other lenders could not access government income and Social Security Number verification services. Two weeks into the shutdown, the Internal Revenue Service (IRS) had an inventory of 1.2 million verification requests that could not be processed, potentially delaying approval of mortgages and other loans.
Halted Federal loans to small businesses, homeowners, and housing and healthcare facility developers. The Small Business Administration (SBA) was unable to process about 700 applications for $140 million in small business loans, and the Federal Housing Administration (FHA) was unable to process over 500 applications for loans to develop, rehabilitate, or refinance around 80,000 multifamily rental units.
Delayed almost $4 billion in tax refunds and will delay the start of the 2014 tax filing season by up to two weeks.
Forced Head Start grantees serving nearly 6,300 children to close their centers for up to nine days (before re-opening with the help of private philanthropists or their state).


Meanwhile:
Fees went uncollected. For example, the National Park Service estimates that it lost about $7 million in revenue as a result of the shutdown, while the Smithsonian lost an additional $4 million in revenue.
The IRS was unable to conduct most enforcement activities during the shutdown, which normally collect about $1 billion per week.

Some forecasts for how the shutdown affected GDP growth in the fourth quarter:
Goldman Sachs projected that the shutdown would reduce GDP growth by 0.14 percentage points per week, even after most furloughed Department of Defense employees returned to work.
Mark Zandi, Moody’s: “The 16-day Federal shutdown and political brinksmanship around the Treasury debt really hurt the economy. The hit to fourth quarter real GDP is estimated at …half a percentage point of growth.”

Not mentioned in the report: Damage to the Republican brand.

http://takingnote.blogs.nytimes.com/201 ... ef=opinion



ghulam muhammed
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Re: The American Apocalypse - An Interesting View.

#38

Unread post by ghulam muhammed » Fri May 30, 2014 7:18 pm

US economy a house of cards

The US economy is a house of cards. Every aspect of it is fraudulent, and the illusion of recovery is created with fraudulent statistics.

American capitalism itself is an illusion. All financial markets are rigged. Massive liquidity poured into financial markets by the Federal Reserve’s Quantitative Easing inflates stock and bond prices and drives interest rates, which are supposed to be a measure of the cost of capital, to zero or negative, with the implication that capital is so abundant that its cost is zero and can be had for free. Large enterprises, such as mega-banks and auto manufacturers, which go bankrupt are not permitted to fail. Instead, public debt and money creation are used to cover private losses and keep corporations “too big to fail” afloat at the expense not of shareholders but of people who do not own the shares of the corporations.

Capitalism has been transformed by powerful private interests whose control over governments, courts, and regulatory agencies has turned capitalism into a looting mechanism. Wall Street no longer performs any positive function. Wall Street is a looting mechanism, a deadweight loss to society. Wall Street makes profits by front-running trades with fast computers, by selling fraudulent financial instruments that it is betting against as investment grade securities, by leveraging equity to unprecedented heights, making bets that cannot be covered, and by rigging all commodity markets.


The Federal Reserve and the US Treasury’s “Plunge Protection Team” aid the looting by supporting the stock market with purchases of stock futures, and protect the dollar from the extraordinary money-printing by selling naked shorts into the Comex gold futures market.


The US economy is based on manipulation of prices, speculative control of commodities, support of the dollar by Washington’s puppet states, manipulated and falsified official statistics, propaganda from the financial media, and inertia by countries, such as Russia and China, who are directly harmed, both economically and politically, by the dollar payments system.

Now that the mega-rich have even more disproportionate shares of the income and wealth, what happens to an economy based on selling imports and off-shored production of goods and services to a domestic consumer market? How do the vast majority of Americans purchase more when their incomes have not grown for years and have even declined and they are too impoverished to borrow more from banks that won’t lend?

Americans are an amazingly insouciant people. By now any other people would have burnt Wall Street to the ground.

Washington has unique subjects. Americans will take endless abuse and blame some outside government for their predicament–Iraq, Afghanistan, Libya, China, Russia. Such an insouciant and passive people are ideal targets for looting, and their economy, hollowed-out by looting, is a house of cards.

http://www.presstv.ir/detail/2014/05/01 ... -of-cards/



ghulam muhammed
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Re: The American Apocalypse - An Interesting View.

#39

Unread post by ghulam muhammed » Tue Feb 24, 2015 7:03 pm

One-third of America on the brink of financial disaster – survey

Thirty-seven percent of Americans have credit card debt that equals or is greater than their emergency savings, according to a new survey, leaving them “teetering on the edge of financial disaster.”

A poll of more than 1,000 adults in the United States by Bankrate.com found that about 24 percent of Americans have more credit card debt than emergency savings, while another 13 percent have neither credit card debt nor emergency savings.

“Not only do most of them not have enough savings, they’ve all used up some portion of their available credit — they are running out of options,” said Greg McBride, Bankrate.com’s chief financial analyst.

With effects of the Great Recession still lingering for many, and with decades of stagnant wage growth in several key work sectors, Bankrate’s McBride said that putting a priority on saving has not been “a high enough priority for American households."

"It's difficult for people to really move the needle on savings when their income hasn't grown," he said.

The Federal Reserve Bank of New York, meanwhile, reported last week that the quantity of student loans in the US overdue by 90 days or more has risen to 11.3 percent, its highest point in a year.

In 2013, Americans ages 25 or younger held nearly $150 billion in student loan debt, the Government Accountability Office (GAO) found, while those between the ages of 25 and 49 carried about $700 billion in student debt. Those between the ages of 65 and 74 had around $150 billion in student debt.

Overall, debts in the US went up in the fourth quarter of 2014 – rising $117 billion from October through December to a total of $11.8 trillion, the New York Fed reported.

http://rt.com/usa/234811-american-finan ... edit-debt/



ghulam muhammed
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Re: The American Apocalypse - An Interesting View.

#40

Unread post by ghulam muhammed » Sun Jun 28, 2015 6:06 pm

US home ownership rate hits lowest level in two decades

The economic recession that began with the collapse of the housing market in 2007 officially came to an end in June 2009—more than six years ago. But by most indications, American households are significantly worse off than they were at the depth of the downturn. Despite the drop in the official unemployment rate, household incomes have fallen, wages have stagnated and student loan debt has soared.

A study by Harvard University’s Joint Center For Housing Studies released on Wednesday points to another sign of the widespread economic distress affecting broad sections of the US population: the persistent fall in the share of households who are able to achieve the “American Dream” of homeownership.

According to “The State of the Nation’s Housing 2015,” the share of American households who owned their own home fell to 64.5 percent last year, the lowest level in two decades, based US Census data. This was down from a homeownership rate of over 69 percent in 2004, and was unchanged from the homeownership rate in 1985, three decades ago.

The report attributed the continuous decline in homeownership to falling incomes, persistent long-term unemployment and a significant tightening of credit.

As the report notes, “Despite steady job growth since 2010 and a drop in unemployment to less than 6 percent, the labor market recovery has yet to generate meaningful income gains. At last measure in 2013, median household income was $51,900—still 8 percent below the 2007 level in real terms and equivalent to 1995 levels.”

In fact, the “steady job growth” is largely fictional, with the official drop in unemployment due mainly to the departure of hundreds of thousands of people from the labor force. This is itself a significant factor in the persistence of low wages and the decline in household income.

Even as household incomes have been eroded, banks have severely tightened credit, particularly to those households who need it most. One survey covering the period between 2001 and 2013 found a 37 percent drop in home loans issued to borrowers with poor credit scores, compared with a 9 percent decrease among borrowers with higher scores.

Between 2000 and 2008, Wall Street banks made billions of dollars suckering families into taking on mortgages for homes they could not afford, then selling off the worthless mortgages in the form of mortgage-backed securities. When this Ponzi scheme collapsed, the federal government handed the banks hundreds of billions in bailout funds.

For working families, there was no bailout, and after more than 10 million foreclosures, about 13 percent of homes remain “underwater,” with owners paying mortgages for more than their homes are presently worth.

Meanwhile, at the top of society, there is money to burn. The Wall Street Journal noted in a report published Wednesday that CEOs at top US corporations saw their median pay increase by 13.5 percent this year, to an average of about $13.6 million. Billionaire shareholders did even better, with the values of their shares, combined with dividend payments, appreciating 16.6 percent over the past year.

After six years of the Obama “recovery” it is clear that there has been no improvement in the living conditions of the great majority of the US population. The so-called recovery has been for the corporate and financial aristocracy, whose wealth has soared amid a surging stock market fueled by virtually unlimited free money from the US Federal Reserve.

FOR MORE :-

http://www.wsws.org/en/articles/2015/06 ... s-j25.html



ghulam muhammed
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Re: The American Apocalypse - An Interesting View.

#41

Unread post by ghulam muhammed » Thu Aug 27, 2015 6:54 pm

Surviving the Coming Currency Collapse

Do you believe America's financial problems from 2008 have been fixed?

Do you think we'll have another banking crisis in the next few years, or a problem with our currency?

If you are concerned about these possibilities, you are not alone.

After all: What we are witnessing in America today is unprecedented
.

Our government has embarked on a gross, out-of-control experiment, expanding the money supply 400% in just six years, and more than doubling our national debt since 2006.

It took our nation 216 years to rack up the first $8.5 trillion in debt... then just 8 more years to double that amount.

And this is precisely why so many questions about the economy and our future remain. For example...

Why has there been very little inflation thus far? How will we possibly pay back all this debt?

And of course, perhaps the most important question of all: Why has nothing "bad" happened after our government printed more than $4 trillion new dollars out of thin air and borrowed $9.4 trillion more?

America is in for some major changes to our economy, our country, and our very way of life over the next five years.

The way you live, work, travel, retire, invest... everything is going to change. Some of it in ways most people would never expect.

Some time in the next few years, we will experience a "new" crisis of epic proportions.

We're going to have a major stock market crash - and it will be worse than the one we experienced seven years ago.

We're going to have a currency crisis too - because investors and governments around the world will realize the U.S. dollar is not the safe haven it once was.

Sooner than most people think, we'll see the U.S. dollar lose it's "reserve currency" status, and this will make it much harder for our government to borrow money, and have our military stationed in more than 150 countries.

"If the currency collapses, everything else goes with it... stocks, bonds, commodities, derivatives and other investments are all priced in a nation's currency. If you destroy the currency, you destroy all markets and the nation."

We're going to have massive changes to our retirement system and Social Security. We're likely to see huge tax increases and even a "wealth tax," which levies a fee on all your savings and any assets of value.

We're going to see all kinds of new laws and rules about what you can do with your money, just like House of Representatives bill H.R. 2847, which went into effect July 1, 2014. This law made it extremely difficult, if not impossible, for the average American to get some of his money out of U.S. dollars, and into more stable currencies via foreign banks. In the months and years to come we're going to see more and more of these "capital controls" placed on our personal savings... We're going to have a massive inflation - when the trillions and trillions of newly printed dollars begin making their way into the economy.

We'll also witness major changes to the very fabric of our society. Destroying a nations' money in this manner wrecks businesses, friendships, and families, who simply don't understand and aren't prepared for what will happen.

Believe me, I don't take these predictions lightly - and I have no interest in trying to scare you.

I'm simply following my research to its logical conclusion.

I did the same thing when I was one of the first analysts to accurately predict the collapse of the world's largest mortgage bankers - Fannie Mae and Freddie Mac.

I did the same when I dug into the finances of GM and realized this once great American institution would soon go bankrupt as well. I did the same General Growth Properties (the biggest owner of mall property in America).

When I first presented my case and exposed the facts about these institutions at economic conferences, people got angry.

They couldn't refute my research... but they weren't ready to accept the enormity of the conclusions either.

And now, the same financial problems I've been tracking from bank to bank... and from company to company for the last decade have found their way into the U.S. Treasury.

The next phase of this crisis will threaten our very way of life.

The savings of millions will be wiped out. This disaster will change your business and your work. It will dramatically affect your savings accounts, investments, and retirement.

It will change everything about your normal way of life: Where you vacation... where you send your kids or grandkids to school... how and where you shop... the way you protect your family and home.

Look...

I know many people see the recovered stock market, the rebound in real estate prices, and want to believe everything is "back to normal."

But I promise you, nothing is "normal" about what is happening in America today. It is all smoke and mirrors - the result of an out-of-control government experiment with our money supply.

After all, how can it be "normal" when...

Roughly 75% of Americans are living paycheck to paycheck, with essentially zero savings, according to a recent study by Bankrate.

The "labor force participation rate" (basically the percentage of able-bodied people who are actually working) has fallen every year since 2007 and is at its lowest level since the 1970s. (Source: The U.S. Bureau of Labor Statistics)

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? Yes, you read that correctly: Roughly 50% of all children born in America today will be on food stamps at some point in their lifetime. Does that sound "normal" to you?

Can our country really be back to "normal" when, according to the most recent numbers from the Census Bureau, an incredible 49% of Americans are receiving benefits from at least one government program EVERY SINGLE month?

Or when 52% of all American workers make less than $30,000 a year?

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?

Or when the "too-big-to-fail-banks" that got bailed out in 2007 are actually 37% larger than they were back then?

And how can things be normal when 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...

It shows that what has taken place over the past few years with the U.S. dollar is something straight out of Weimar Germany... or the last 20 years in Zimbabwe.

https://orders.cloudsna.com/chain?cid=M ... ##AST16233



dawedaar
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Re: The American Apocalypse - An Interesting View.

#42

Unread post by dawedaar » Fri Aug 28, 2015 12:04 am

Wishful thinking. The link you have posted doesn't look legit and looks like a clickbait website! (https://en.wikipedia.org/wiki/Clickbait)
ghulam muhammed wrote:Surviving the Coming Currency Collapse

Do you believe America's financial problems from 2008 have been fixed?

Do you think we'll have another banking crisis in the next few years, or a problem with our currency?

If you are concerned about these possibilities, you are not alone.

After all: What we are witnessing in America today is unprecedented
.

Our government has embarked on a gross, out-of-control experiment, expanding the money supply 400% in just six years, and more than doubling our national debt since 2006.

It took our nation 216 years to rack up the first $8.5 trillion in debt... then just 8 more years to double that amount.

And this is precisely why so many questions about the economy and our future remain. For example...

Why has there been very little inflation thus far? How will we possibly pay back all this debt?

And of course, perhaps the most important question of all: Why has nothing "bad" happened after our government printed more than $4 trillion new dollars out of thin air and borrowed $9.4 trillion more?

America is in for some major changes to our economy, our country, and our very way of life over the next five years.

The way you live, work, travel, retire, invest... everything is going to change. Some of it in ways most people would never expect.

Some time in the next few years, we will experience a "new" crisis of epic proportions.

We're going to have a major stock market crash - and it will be worse than the one we experienced seven years ago.

We're going to have a currency crisis too - because investors and governments around the world will realize the U.S. dollar is not the safe haven it once was.

Sooner than most people think, we'll see the U.S. dollar lose it's "reserve currency" status, and this will make it much harder for our government to borrow money, and have our military stationed in more than 150 countries.

"If the currency collapses, everything else goes with it... stocks, bonds, commodities, derivatives and other investments are all priced in a nation's currency. If you destroy the currency, you destroy all markets and the nation."

We're going to have massive changes to our retirement system and Social Security. We're likely to see huge tax increases and even a "wealth tax," which levies a fee on all your savings and any assets of value.

We're going to see all kinds of new laws and rules about what you can do with your money, just like House of Representatives bill H.R. 2847, which went into effect July 1, 2014. This law made it extremely difficult, if not impossible, for the average American to get some of his money out of U.S. dollars, and into more stable currencies via foreign banks. In the months and years to come we're going to see more and more of these "capital controls" placed on our personal savings... We're going to have a massive inflation - when the trillions and trillions of newly printed dollars begin making their way into the economy.

We'll also witness major changes to the very fabric of our society. Destroying a nations' money in this manner wrecks businesses, friendships, and families, who simply don't understand and aren't prepared for what will happen.

Believe me, I don't take these predictions lightly - and I have no interest in trying to scare you.

I'm simply following my research to its logical conclusion.

I did the same thing when I was one of the first analysts to accurately predict the collapse of the world's largest mortgage bankers - Fannie Mae and Freddie Mac.

I did the same when I dug into the finances of GM and realized this once great American institution would soon go bankrupt as well. I did the same General Growth Properties (the biggest owner of mall property in America).

When I first presented my case and exposed the facts about these institutions at economic conferences, people got angry.

They couldn't refute my research... but they weren't ready to accept the enormity of the conclusions either.

And now, the same financial problems I've been tracking from bank to bank... and from company to company for the last decade have found their way into the U.S. Treasury.

The next phase of this crisis will threaten our very way of life.

The savings of millions will be wiped out. This disaster will change your business and your work. It will dramatically affect your savings accounts, investments, and retirement.

It will change everything about your normal way of life: Where you vacation... where you send your kids or grandkids to school... how and where you shop... the way you protect your family and home.

Look...

I know many people see the recovered stock market, the rebound in real estate prices, and want to believe everything is "back to normal."

But I promise you, nothing is "normal" about what is happening in America today. It is all smoke and mirrors - the result of an out-of-control government experiment with our money supply.

After all, how can it be "normal" when...

Roughly 75% of Americans are living paycheck to paycheck, with essentially zero savings, according to a recent study by Bankrate.

The "labor force participation rate" (basically the percentage of able-bodied people who are actually working) has fallen every year since 2007 and is at its lowest level since the 1970s. (Source: The U.S. Bureau of Labor Statistics)

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? Yes, you read that correctly: Roughly 50% of all children born in America today will be on food stamps at some point in their lifetime. Does that sound "normal" to you?

Can our country really be back to "normal" when, according to the most recent numbers from the Census Bureau, an incredible 49% of Americans are receiving benefits from at least one government program EVERY SINGLE month?

Or when 52% of all American workers make less than $30,000 a year?

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?

Or when the "too-big-to-fail-banks" that got bailed out in 2007 are actually 37% larger than they were back then?

And how can things be normal when 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...

It shows that what has taken place over the past few years with the U.S. dollar is something straight out of Weimar Germany... or the last 20 years in Zimbabwe.

https://orders.cloudsna.com/chain?cid=M ... ##AST16233



ghulam muhammed
Posts: 11653
Joined: Tue Oct 07, 2008 5:34 pm

Re: The American Apocalypse - An Interesting View.

#43

Unread post by ghulam muhammed » Mon Sep 12, 2016 6:27 pm

Visualizing The (Massive) Size Of The US National Debt

When numbers get into the billions or trillions, they start to lose context. As Visual Capitalist's Jeff Desjardins notes, the U.S. national debt is one of those numbers. It currently sits at $19.5 trillion, which is actually such a large number that it is truly difficult for the average person to comprehend.

How big is the U.S. National Debt?

The best way to understand these large numbers? We believe it is to represent them visually, by plotting the data with comparable numbers that are easier to grasp.


1. The U.S. national debt is larger than the 500 largest public companies in America.
The S&P 500 is a stock market index that tracks the value of the 500 largest U.S. companies by market capitalization. It includes giant companies like Apple, Exxon Mobil, Microsoft, Alphabet, Facebook, Johnson & Johnson, and many others. In summer of 2016, the value of all of these 500 companies together added to $19.1 trillion – just short of the debt total.

2. The U.S. national debt is larger than all assets managed by the world’s top seven money managers.
The world’s largest money managers – companies like Blackrock, Vanguard, or Fidelity – manage trillions of investor assets in stocks, bonds, mutual funds, ETFs, and more. However, if we take the top seven of these companies and add all of their assets under management (AUM) together, it adds up to only $18.9 trillion.

3. The U.S. national debt is 25x larger than all global oil exports in 2015.
Yes, countries such as Saudi Arabia, Kuwait, and Russia make a killing off of selling their oil around the world. However, the numbers behind these exports are paltry in comparison to the debt. For example, you’d need the Saudis to donate the next 146 years of revenue from their oil exports to fully pay down the debt.

4. The U.S. national debt is 155x larger than all gold mined globally in a year.
Gold has symbolized money and wealth for a long time – but even the world’s annual production of roughly 3,000 tonnes (96 million oz) of the yellow metal barely puts a dent in the debt total. At market prices today, you’d need to somehow mine 155 years worth of gold at today’s rate to equal the debt.

5. In fact, the national debt is larger than all of the world’s physical currency, gold, silver, and bitcoin combined.
That’s right, if you rounded up every single dollar, euro, yen, pound, yuan, and any other global physical currency note or coin in existence, it only amounts to a measly $5 trillion. Adding the world’s physical gold ($7.7 trillion), silver ($20 billion), and cryptocurrencies ($11 billion) on top of that, you get to a total of $12.73 trillion. That’s equal to about 65% of the U.S. national debt.

http://www.zerohedge.com/news/2016-09-1 ... ional-debt



ghulam muhammed
Posts: 11653
Joined: Tue Oct 07, 2008 5:34 pm

Re: The American Apocalypse - An Interesting View.

#44

Unread post by ghulam muhammed » Mon Oct 03, 2016 6:24 pm

Astonishing List of 72 Top Bankers Dead and No Natural Causes!

I’ve recently stumbled across a list of top bankers that have been killed in cold blood, died in “accidents” or have allegedly committed suicide.

In some of the cases, their deaths are so suspicious that the ‘suicide’ verdict is simply ridiculous, as you will see.

While searching for news reports documenting their deaths, I’ve managed to find a lot more cases of high ranking bankers that have been found dead in suspect circumstances. I’ve added the cases to the list and included the appropriate reference links.

The fact that none of them died of natural causes is absolutely stunning. Before proceeding to the list, I suggest you reading the following piece: ‘Suiciding’ the Bankers and Billionaires — Do You Know Why?


READ THE FULL LIST OF BANKERS :-

https://politicalvelcraft.org/2016/09/3 ... al-causes/



ghulam muhammed
Posts: 11653
Joined: Tue Oct 07, 2008 5:34 pm

Re: The American Apocalypse - An Interesting View.

#45

Unread post by ghulam muhammed » Thu Oct 20, 2016 6:16 pm

IS THE U.S. DOLLAR GOING TO COLLAPSE?

If one were to turn on the television right now, the mainstream media would be painting the picture of an economy that is in a recovery and a U.S. dollar that is strong as ever. Yet there is a strong contingency of people on the Internet declaring the U.S. dollar is heading for a major collapse of proportions not yet seen before. The obvious question to ask is: how can there be two radically different ideas on the state of the U.S. dollar at the same point in time? Logically, one would have to concede that they both can’t be right. The mainstream media, which continues to influence the majority of society, paints the pretty picture of a strong economic recovery based on low unemployment, high stock markets, and increased credit availability. On the contrary, a case could be made for an imminent U.S. dollar collapse. Let’s dive deep into the rumors, the facts and everything in between.

http://www.thelastamericanvagabond.com/ ... -collapse/