12 votes

Why does it feel like the economy is going to collapse soon?

To me it feels like this year or next year, things will go to hell. Just by the events going on, and how bad everything is now, economy wise. People are going to start rioting soon, aren't they?

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Interest rates are

rising and this fake economy can't continue in that environment. Housing will crumble, banks will collapse, government will default, etc. It will come, it's just a matter of when since they are doing nothing to fix it.

"Endless money forms the sinews of war." - Cicero, www.freedomshift.blogspot.com

Financial, economic, political and social collapse are likely,

but the time frame is long relative to our lives, and it is happening unevenly around the world. It is happening in fits and starts, with the last fit being 2008. It is driven by a number of factors including (1)the natural inclination of government to grow and destroy a society via subjugation (more and more laws), (2)the faulty monetary system which is based on debt used as money, which grows at an unsustainable exponential rate, and (3)the inherent fatal flaw in the industrial age relating to ever increasing cost to acquire limited resources based on the "low hanging fruit" principle.

If you have a view of the future that foresees collapse and the ugly consequences, it turns out to be like waiting for water to boil for you; for those unaware it will all come as a big surprise. There is no exact timetable, but it will unfold as natural forces command. Those in power will struggle to remain in power and keep the ruler / serf system operating as long as they can; while they will ultimately fail we can't discount their efforts as totally ineffective to get them just one more dance.

I just look at a few markets and I think gold, silver, and bonds (bond interest to increase) are in downtrends that will end in the spring of summer of 2014, while the stock market will have a big run between now and then before falling back to where it is now. I don't think we will see the violent part of the current developing revolution for a few more years. Starvation is probably a few years away.

"Bend over and grab your ankles" should be etched in stone at the entrance to every government building and every government office.

I really don't think it will

I really don't think it will take that long. Unemployment (real figures) is around 20%. People are already complaing about the government. I just can't see my self doing the same thing for a few more years when many others are in the same situation. Jim Rogers said that riots will begin to break out here in the U.S. by the end of this year or next year, when the next correction happens.

I bought

48 more cans of beans yesterday.

Because it Is!!

Get ready to R-U-M-B-L-E!!

agree

get ready

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ecorob's picture

Because you are awake...

and you know that this charade can not go on.

We are a paper tiger...and the paper is wet.

its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!
9/11 Truth.

I notice that the people who

I notice that the people who are not awake are the ones who are on entitlements and supported Obama. They still think Obama is god. They are going to get hit hard when the money dries up, and when it all collapses.

ecorob's picture

Yes, they will.

It will not be a pretty sight; waiting on the army trucks for their cheese, water, and bread.

I am sure, at that time, they will still praise him and blame bush.

ps
i hate bush, too!

its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!
9/11 Truth.

So the place to be is the

So the place to be is the countryside? I know that's the safest place, but most of the jobs are in the cities.

The poster is discussing it here because

this is the people who pay attention to the important things. Most people can't imagine an economy where the money is devalued suddenly even though it has happened all over the world it has never happened here. It may be difficult to find people who do believe that it could and will happen if we don't reign in our Government.

We are like a family who earns 100k a year and spends 200k. Borrowing from Visa to pay Master card. Borrow from Discover card to pay Visa. After years of this it has to end. The only inheritance the kids will get is a big fat bill and terrible credit.

We are out of credit cards. We are now pawning stuff to make the minimum payment. But we're still gonna take that vacation and get the new Iphone 6, dangit!

Maybe because you have good intuition?

Who knows exactly when, but economies around the world are not looking too good....

9-11 Media Fakery: Did anyone die on 9-11?
http://www.cluesforum.info/

http://www.septemberclues.info/

9-11 Actors:
http://www.youtube.com/watch?v=6aPvJSQtmoE

Pysops.. media.. actors.. propagandists... disinfo agents.. fake videos.. fake photos

next year? We may be lucky

next year? We may be lucky to make it through this week...

http://www.dailypaul.com/290380/the-great-unwind-has-finally...

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

The TV never shows graphs that expose the crashes.

http://pricedingold.com/charts/DJIA-1900.pdf
Crash 1929, 1970, 2000.

http://pricedingold.com/charts/Ag-1700.pdf
Crash 1929, 1970

http://pricedingold.com/charts/Copper-1900.pdf
Crash 1929, 1970

Crash in wages, priced in gold.
http://pricedingold.com/charts/wages-1965.pdf
Crash 1929, 1970, 2000

In 1971 I made the equivalent of 1 gram of gold per hour. (1.25/hr)

To make the same 1 gram of gold per hour would mean a wage of $42/hr in 2013.

What these charts demonstrate are economic swindles blessed by Congress and implemented by the Federal reserve.

Free includes debt-free!

2007 felt worse than now

2007 felt worse than now. I dont think we are there yet, we may be going through some shit but we are not at the shit mound yet

might be because

it's already begun

egapele's picture

LOL! No wonder you're in such bad shape

Don't you have someone else besides a forum of complete strangers to discuss this stuff with?

I thank God for the complete

I thank God for the complete and total economic collapse. It's the only thing that will stop the maniac government employees, when the money no longer works for them too. Do you think they'll still go to work when their paychecks stop coming? Economic collapse solves a lot of our problems.

Disagreement

If a viable model is not introduced as a replacement, the political cycle of oppression continues indefinitely

PS that is why I am advocating a 'Dignitarian' philosophy which argues for the prerogative of individual choice concerning public domain, and the right to withdraw from institutional abuse (inc. all taxation)

http://www.facebook.com/FreeDominionPoliticalParty
http://www.facebook.com/pages/Michael-Galganski/595972723749410

You got a taste of it back in 2008

so maybe you are re-experiencing those signs that led up to it.

maybe because prices keep climbing (especially food)--

and 'wages' remain the same or drop--

and most of the college graduates *I* know are struggling to find work--

many of the youth are very cynical--

it's hard to be awake; it's easier to dream--

Yes, I am one of those kids.

Yes, I am one of those kids. Have a degree, but working in a low paying dead end job. Would be out on the street if it weren't for my parents. I do admit that my depression has turned into anger being 28, and not able to get my life going, even though I did well in school, which doesn't appear to have amount to much.

egapele's picture

I know right?

What freedoms do we have to attack us for anymore?

Get up on your own two feet - find your own personal talent. You'd be amazed at what you can accomplish.

ecorob's picture

But for the grace of God, go I.

You should repeat that to yourself about 10 million friggin times...jerk!

its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!
9/11 Truth.

Get some manners

-1

Lord Acton, Lord Chief Justice of England, 1875 - "The issue which has swept down the centuries and which will have to be fought sooner or later is the People v. The Banks."