Wednesday , 25 December 2024

Economic Collapse of Governments and Societies is Inevitable – Here’s Why

“Follow the munKNEE via Facebook or Register to receive articles via our Intelligence Report newsletter (Recipients restricted to only 1,000 active subscribers)

It is hard for me to disagree with the strong, some might think outrageous, global_economic_crisisstatements made by Jeff Berwick in this video regarding the inevitable economic collapse of governments and societies alike. What he says is what this website has been saying, less directly, for the last three years or so. The time is now short and young turks like Berwick do a service for the rest of us by being so blunt.

So writes “Monty Pelerin” (www.economicnoise.com) as an introduction to Berwick’s video interview which he has posted under the title Take Your Choice: Zimbabwe or the USSR and is presented compliments of www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (Your Key to Making Money!) (Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.)

Pelerin goes on to say:

Mr. Berwick briefly touches on some of the problems and emphasizes the impossibility of solving them. This fascinating video, with which I am in nearly complete agreement, should be watched by anyone who believes that an economic recovery is possible, no less underway. Sadly there are millions who do and are being led to a financial slaughterhouse.

Things will get messy and nasty, sooner rather than later. Protect yourself and your family by preparing for a complete and utter economic collapse that will also collapse governments and societies. Predatory government will be stealing assets from anyone who has them.

Editor’s Note: The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.

*http://www.economicnoise.com/2013/03/14/take-your-choice-zimbabwe-or-the-ussr/

Advertisement

China Calling!

We can establish your products there – we’ve already done it for others
Chinese market is 4x bigger than those of the U.S. and Canada combined
MAJOR need for:
– pollution treatment/prevention equipment (water & air),
– disease detection/treatments (diabetes & cancers),
– green energy products (heating & power).
Visit Global Linkages and then contact us to discuss opportunities
We’re off to Beijing & Shanghai again this month
Contact us today

Related Articles:

1. For Simple-Minded Keynesians: The Global Endgame in 14 Points

earth150

For those who haven’t yet grasped the uselessness of government policy, please read Charles Hugh Smith’s simple fourteen point explanation below. It details the steps government has taken, why they are failing, why the middle and poorer classes must get poorer and suggests that we are close to the end of the Ponzi scheme that has provided the myth that our economy has been strong for the last couple of decades.

2. 50 Reasons to Seriously Consider Becoming a Prepper – Financially or Otherwise

Financial_Armageddon_3

[While] I am not a prepper in the traditional sense of stockpiling food, guns and the like, I have always considered myself a financial prepper…For anyone not familiar with how dicey matters are becoming, [however,] I suggest they read the 50 questions below. Words: 1323

3. Continued Money Debasement Means More Unintended Consequences, Social Disorder & Further Debasement of Society – Here’s Why

money printing

< noscript>”money

< noscript>”money

< noscript>”money

< noscript>”money

< noscript>”money

< noscript>”money

< noscript>”money

< noscript>”money

< noscript>”money

< noscript>”money

< noscript>”money

< noscript>”money

< noscript>”moneyI keep wondering to myself, do our money-printing central banks and their cheerleaders understand the full consequences of the monetary debasement they continue to engineer? [Below is what I think awaits us.] Words: 1013

4. If You Are Not Preparing For a US Debt Collapse, NOW Is the Time to Do So! Here’s Why

us-collapse1

< noscript>”us-collapse1″

< noscript>”us-collapse1″

< noscript>”us-collapse1″

< noscript>”us-collapse1″Timing the U.S. debt implosion in advance is virtually impossible. Thus far, we’ve managed to [avoid such an event], however, this will not always be the case. If the U.S. does not deal with its debt problems now, we’re guaranteed to go the way of the PIIGS, along with an episode of hyperinflation. That is THE issue for the U.S., as this situation would affect every man woman and child living in this country. [Let me explain further.] Words: 495

5. The “Great Crisis” Is Well On Its Way and Will Make 2008 Look Like a Joke!

crisis

< noscript>”crisis”

< noscript>”crisis”

< noscript>”crisis”

< noscript>”crisis”For over two years now, I’ve been warning that the 2008 Crash was just a warm up and that the REAL Crisis would occur when the stock market realized that the Central Banks, lead by the US Federal  Reserve could NOT actually hold the financial system together. Well, the Crisis I’ve been warning about is here. [Let me explain.] Words: 306

6. World Debt 101

debt-mountain-cartoon

< noscript>”debt-mountain-cartoon”“World Debt 101″ examines some of the world’s largest economies and illustrates just how much they have borrowed and what measures many of their  governments are now taking to curb spending and narrow those deficits.

7. Monty Pelerin: Economic Collapse Coming to U.S. & Other Industrialized Nations of the World!  Here’s Why

economic-train-wreck

Those dependent on the welfare state are unaware that their benefits are not sustainable. Most believe tomorrow will be like today and the checks will keep coming from Mother Government. Political power was gained based on promising these benefits. No politician will risk his position by trying to reduce them. No democratic society has ever rolled them back via peaceful political means. [At worst,] the economy and society could end up in ashes [and, at best,] the world is in for a long period of stagnation, retrogression and conflict. [Let me explain more fully.] Words: 1115

< noscript>”crisis”

< noscript>”crisis”8. Are Preparations Being Made For Worldwide Financial Collapse?

global_economic_crisis

< noscript>”global_economic_crisis”Something really strange appears to be happening. All over the globe, governments and big banks are acting as if they are anticipating an imminent financial collapse. Here’s some of what is being said and is apparently happening. Words: 1200

Capture(74)

Governments everywhere are becoming more distressed and desperate as economic realities dominate the political doublespeak. The world is at a dangerous point. Much of what we thought we knew and assumed regarding governmental behavior and economics is beginning to be reassessed. Governments of the world are out of money and out of ideas. The ponzi scam that has been perpetrated for over fifty years is collapsing under its own weight. There are not enough suckers and capital left to sustain the fraud. [Let me explain further.] Words: 999

10. Government Can’t Prevent the Next Financial Diaster – Here’s Why

economy2

< noscript>”economy2″

11. Martin Weiss: You Are Being Forewarned – Again – About an Imminent Financial Megashock!

economy2

< noscript>”economy2″

12. Finally! Someone With the Balls to Face Reality and Outline the Probable Outcome & Utter Hopelessness of America’s Debt Problems

Debt-130x90

Many articles are being written these days that more or less scope the dire financial circumstances the U.S. is in. That being said, I had not been able to find one “analyst” – even one – who had the guts to outline the probable outcome and general hopelessness of the situation and to offer any meaningful prescription for investors to survive this coming catastrophe – until now. Words: 710

13. What is Financial Repression? Why It Will Fail

inflationprinting-money-300x199

Financial repression occurs when governments channel funds into their own sovereign bonds in order to reduce debt levels through mechanisms such as directed lending, caps on interest rates, capital controls, debt monetization, or by other means. The promise of financial repression is that it will hold down government borrowing costs and reduce government debt levels, but critics argue that financial repression merely targets the producers of society, i.e., the middle class, and therefore harms the economy. Let’s take a look at financial repression ands its supposed pros and cons. Words: 1486

14. Video: What Could Happen in the First 12 Hours of a US Dollar Collapse

economic-collapse

This is the scenario nobody thinks is possible but really at the end of the day, it’s not like the US can print money and live on debt forever right so when something cannot go on forever what happens when it stops?

15. We Can Ignore Economic Reality but We Can NOT Ignore the Consequences of Ignoring Such Reality! Here They Are

economy-financial-black-hol

As Ayn Rand said “We can ignore reality, but we cannot ignore the consequences of ignoring reality” so, with apologies to Ayn Rand, let’s explore some examples of ignoring reality. (Words: 1132; Charts: 1)

16. We Are On the Precipice of Enormous Financial & Economic Change

dollar_slide

We are on the precipice of enormous financial and economic change. It is not change for the good, especially for the United States. Excesses and mis-allocated resources of several generations are about to be exposed as modern industrial nations sink deeper into the economic hole they have dug for themselves. The purging of these economic mistakes will be painful, could create new wars as politicians attempt to deflect blame and may end up changing the political form of government in some countries. (Words: 364; Charts: 1)

17. U.S. On An Unsustainable Path That Guarantees An Eventual Catastrophic Financial Melt-down – Here’s How to Get Prepared

economy-down

Although our supposed leaders are presumably highly intelligent, educated, and knowledgeable, they act largely “brain-dead” as they lead the United States down an unsustainable path that guarantees eventual catastrophic financial destruction. Do you own enough gold and silver that you would feel safe in a such a financial melt-down? If not, why not? Words: 817

18. Coming Currency Superstorm Will Be Absolutely Catastrophic for U.S. Economy

economic-collapse

What would happen if someday the rest of the world decides to reject the U.S. dollar and that process suddenly reversed and a tsunami of U.S. dollars come flooding back to this country? It is frightening to think about. Just take a moment and think of the worst superstorm that you can possibly imagine, and then replace every drop of rain with a dollar bill.  The giant currency superstorm that will eventually hit this nation will be far worse than that.

19. U.S.’s Runaway Financial Train is About to Destroy the Status Quo

economic-train-wreck

People riding a runaway train can party and remain oblivious to the fact that the train is about to crash into a huge obstacle. Our runaway financial train is about to destroy the status quo as it crashes into the obstacle of mathematical consequences – the inevitable financial train wreck. “If something cannot go on forever, it will stop.” [Let me explain.] Words: 974

20. Take Note: Don’t Say You Weren’t Forewarned!

economic-train-wreck

It is relatively easy to predict further commodity price inflation as a result of the massive money printing going on worldwide and that hard assets, not paper assets, will help protect purchasing power but it is much more difficult to project where else this money printing leads and to what extent a crash is inevitable. What is the endgame? Will it be another financial crash such as in 2008 or will it be a more destructive financial and economic crash that causes a severe but temporary disruption in the delivery of goods and services? Words: 1470

21. A Must Watch Video On Why America Is In A “Death Spiral”

warning3

The video*  below is one of the best overviews of what is going on and one of the best explanations of what lies ahead that I have heard. As such, in my opinion, it is A Must Watch!

22.  These 25 Videos Warn of Impending Economic Collapse & Chaos

economic Armageddon

The internet is awash (drowning?) in hundreds of doom and gloom videos providing dire warnings of coming world depression, food shortages,  rioting in the streets, rampant (hyper) inflation, deepening banking crisis, economic apocalypse, financial Armageddon, the demise of America – well, you get the idea. Below is a small sample of such videos with a hyperlink to each.

23. Is TEOTWAWKI Imminent – Or Will It Be Deferred?

crisis

For those who didn’t get the memo, TEOTWAWKI stands for “the end of the world as we know it” and that is what David Korowicz predicts – a disaster of unprecedented proportions sometime this decade – an “ultimate” crash that will be irreversible – that will be TEOTWAWKI! Words: 1395

24. Don’t Ignore the Coming Financial Storm – It IS Coming and Here’s How to Get Prepared

head-in-the-sand

Many people refer to me as a “doom and gloomer” because I run a website called “The Economic Collapse”. [Just because] I am constantly pointing out that the entire world is heading for a complete and total financial nightmare, [however,] I don’t think that it does any good to stick your head in the sand. I believe that there is hope in understanding what is happening and I believe that there is hope in getting prepared. [This article does just that.] Words: 2432

25. The Ultimate Fear Mongering Video – or the Ultimate in Insights, Forecasting & Sound Advice? You Be the Judge

global-financial-crisis

Warning: New evidence points toward an imminent financial collapse and the destruction of American wealth. Income, investments, retirement, and even personal safety are now at severe risk. In this new video I lay it all out for you. Words: 515

26. U.S Likely to Hit the Financial Wall by 2017! Here’s Why

3b4cb322448cb9ca543ce1064c56

The deficits aren’t going to stop anytime soon. The debt mountain will keep growing…Obviously, the debt can’t keep growing faster than the economy forever, but the people in charge do seem determined to find out just how far they can push things….The only way for the politicians to buy time will be through price inflation, to reduce the real burden of the debt, and whether they admit it or not, inflation is what they will be praying for….[and] the Federal Reserve will hear their prayer. When will the economy reach the wall toward which it is headed? Not soon, I believe, but in the meantime there will be plenty of excitement. [Let me explain what I expect to unfold.] Words: 1833

27. This Will NOT End Well – Enjoy It While It Lasts – Here’s Why

Capture(74)

…The US Government and its catastrophic fiscal morass are now viewed by the world as a ‘safe haven’. This would easily qualify for a comedy shtick if it weren’t so serious….[but] the establishment is thrilled with these developments because it helps maintain the status quo of the dollar standard era. However, there are some serious ramifications that few are paying attention to and are getting almost zero coverage from traditional media. [Let me explain what they are.] Words: 1150

One comment

  1. Considering all possibilities is the sign of a savvy investor…