The Economic Collapse


fuhr52

New member
Politicians are great at creating issues that are small into issues that are huge, with the willing help of the main stream media. Their main solution is always throw money at it. Next election cycle same issue that the elected class was going to fix, still an issue so throw more money at it. Do we the people hold these elected representatives accountable? Course not, re-elect them, for the other side of the isle must have gotten in the way. So throw even more money at the issue. Next election cycle same issue not fixed, no problem, re-elect and throw even more money. The cycle goes on and on. So who is really to blame if we keep re-hiring all these great problem solvers?
 

BluesStringer

Les Brers

And on a related note:

Barnhardt.biz - Commodity Brokerage

Ninety Miles An Hour Down a Dead End Street

Posted by Ann Barnhardt - July 12, AD 2012 11:39 AM MST

People are emailing asking what firm I recommend.

NONE.

GET OUT.
GET OUT.
GET OUT.
GET OUT.
GET OUT.
GET OUT.
GET OUT.
GET OUT.
GET OUT.

The ENTIRE SYSTEM is totally, completely corrupt and therefore NO FIRM IS SAFE. Don't be stupid. Don't be obtuse. Snap yourself out of the Stockholm Syndrome that you are clearly stuck in. Get ALL MONEY out of the ENTIRE FINANCIAL SYSTEM, including stocks, bonds, retirement accounts, futures, EVERYTHING.

But what about . . .

What part of EVERYTHING are you not comprehending?

One. More. Time.

If you can't touch it, if it isn't physically on your property such that you can stand in front of it with an assault rifle and PHYSICALLY defend it, you don't own it, and it could be confiscated/stolen from you at any time, if it ever actually existed at all.

"Warning signs are flashing by us, but we pay no heed
'Stead of slowing down the pace, we keep picking up the speed
Disaster's getting closer every time we meet
Doing ninety miles an hour down a dead-end street

Blues
 

longslide10

New member
Politicians are great at creating issues that are small into issues that are huge, with the willing help of the main stream media. Their main solution is always throw money at it. Next election cycle same issue that the elected class was going to fix, still an issue so throw more money at it. Do we the people hold these elected representatives accountable? Course not, re-elect them, for the other side of the isle must have gotten in the way. So throw even more money at the issue. Next election cycle same issue not fixed, no problem, re-elect and throw even more money. The cycle goes on and on. So who is really to blame if we keep re-hiring all these great problem solvers?

People are waking up albeit late. Is it too late to stop the damage that has been done though?
 

longslide10

New member
I feel optimistic about having to live in the woods and forage for food like a wild animal............but a free one.
 

NotTwoShure

New member
Hum, paranoia, just as the Visigoths were entering Rome. Denial, denial, denial. Gen. George Custer, “I think there are friendly Indians over here”. Confederate State of America, “This will be over in a few weeks, why take two pair of socks”. Just to name a few folks that thought they too were invincible. Not that I think we are in the poopers – not that I know much of anything, just a post to see what others think. As they said to the last American fabric manufacture, will the last one out turn off the lights before they leave?
 

Treo

Bullet Proof
I used to have a supervisor who was a big Coast to Coast AM fan and he’d take every opportunity he had to warn us all that we had better be stocking up on gold because the economy was going to collapse and only gold would be worth anything.

He used to get so pissed off when I’d ask him (in front of everyone else) “What are you going to do when the economy does collapse and the very first thing the government does is outlaw all gold transactions?” His response invariably was “There will always be a black market and people will always accept gold.” To which I’d ask “so, you’re willing to trust criminals to give you fair value for your gold?’

Long story short it pissed him off every time he opened his mouth.

IMO our money has been worthless for a long time and I’d rather save things that have some intrinsic value (commodities, medical supplies, toilet paper) that waste time investing in an economic system that is headed off a cliff
 

NotTwoShure

New member
I used to have a supervisor who was a big Coast to Coast AM fan and he’d take every opportunity he had to warn us all that we had better be stocking up on gold because the economy was going to collapse and only gold would be worth anything.

He used to get so pissed off when I’d ask him (in front of everyone else) “What are you going to do when the economy does collapse and the very first thing the government does is outlaw all gold transactions?” His response invariably was “There will always be a black market and people will always accept gold.” To which I’d ask “so, you’re willing to trust criminals to give you fair value for your gold?’

Long story short it pissed him off every time he opened his mouth.

IMO our money has been worthless for a long time and I’d rather save things that have some intrinsic value (commodities, medical supplies, toilet paper) that waste time investing in an economic system that is headed off a cliff

Yup, I do not think gold is easy to chew, nor will it work for T/P. Food - Tools to keep food- family and not be in a big city, in the air, or far away from home. I really do not wish to fly any more. Last time we did I was able to check my carry GUN.
 

longslide10

New member
I the paranoia is strong in this one.

Economists warned us of a market crash in the 80's, they warned us of the housing bubble 20 years later and they are warning us now more than ever that this next bubble burst will be one to make the great depression look like a picnic in the park. Ya just can't keep borrowing and paying debt with more debt. Taxes go up as does inflation driving businesses under putting more people out of work which drives the need for more taxes putting more businesses under and people out of work. This is what happens when you have a privately owned centralized bank (federal reserve) using a fiat / fractional reserve system owned by a few wealthy individuals, they control the money supply, inflation (another word for tax) and the country's governmental policies. We wouldn't be in this predicament if govt printed it's own money against a gold or silver standard instead of borrowing as much as they want whenever they want and expecting the citizens to pay the interest and principal.

Every empire falls and our time has come. We have followed the same footsteps as ancient Rome. Over-expansion of military, over-spending and over-taxation to a point it can no longer be sustained. It may take a couple more years until the SHTF or it could happen in a few months from now but it WILL happen. I believe the bible also mentions an economic disaster of epic proportions in the last days in which we are living.
 

BC1

,
Home equity loans be damned. To survive economic meltdown I have always maintained that the best investment is the asset you can live in. People need to consider this carefully. In economic meltdown the bank will still want payment. No payment, no home. Do your best to pay off that mortgage as early as possible.
 

Dennis1209

New member
I used to have a supervisor who was a big Coast to Coast AM fan and he’d take every opportunity he had to warn us all that we had better be stocking up on gold because the economy was going to collapse and only gold would be worth anything.

He used to get so pissed off when I’d ask him (in front of everyone else) “What are you going to do when the economy does collapse and the very first thing the government does is outlaw all gold transactions?” His response invariably was “There will always be a black market and people will always accept gold.” To which I’d ask “so, you’re willing to trust criminals to give you fair value for your gold?’

Long story short it pissed him off every time he opened his mouth.

IMO our money has been worthless for a long time and I’d rather save things that have some intrinsic value (commodities, medical supplies, toilet paper) that waste time investing in an economic system that is headed off a cliff

It worked well for me, except it was silver.

In 2001 I took everything I had in my 401K, thrift savings plan and borrowed against my TSP account. Bought a bunch of boxes of Silver Eagles and put them in my safe. In 2009 I sold them all and more than tripled my investment. Paid off my house, bought my daughter a new car, bought my country retirement home, walked into the boss's office with a pair of birds, then retired to God's country.

All with poor mans gold.
 

Treo

Bullet Proof
It worked well for me, except it was silver.

In 2001 I took everything I had in my 401K, thrift savings plan and borrowed against my TSP account. Bought a bunch of boxes of Silver Eagles and put them in my safe. In 2009 I sold them all and more than tripled my investment. Paid off my house, bought my daughter a new car, bought my country retirement home, walked into the boss's office with a pair of birds, then retired to God's country.

All with poor mans gold.

I'm happy that your investments worked out for you but that wasn't what I was talking about and I think you know that.

How much would your Silver Eagles have been worth if the economy had totally collapsed, the dollar became absolutely worthless and the Federal Government take the emergency measure of making all silver transactions illegal?
 

Ringo

A WATCHMAN
Every empire falls and our time has come. We have followed the same footsteps as ancient Rome. Over-expansion of military, over-spending and over-taxation to a point it can no longer be sustained. It may take a couple more years until the SHTF or it could happen in a few months from now but it WILL happen. I believe the bible also mentions an economic disaster of epic proportions in the last days in which we are living.
Standing In The Way- Article by Jack Kelley​

There are lots of news reports, articles, and even books devoted to the deteriorating state of America and speculating on the likely outcome. Reading them has brought several things to my mind.

As an example, I remembered something Hal Lindsey said 20 years ago about the then current world situation. He said he had been wondering how God was going to fulfill end times prophecy while the Soviet Union was standing in the way of the revived Roman Empire taking its prophesied place in the end times.

The term “revived Roman Empire” comes from Daniel’s interpretation of Nebuchadnezzar’s dream as a prophecy of “Gentile Dominion”, the time during which Gentile Empires would rule the world. (Daniel 2:31-43).

In the dream Nebuchadnezzar saw a large poly-metallic statue, and Daniel interpreted it to represent four Kingdoms. Many scholars believe the head of gold stood for Babylon, the chest and arms of silver symbolized Media Persia, who conquered Babylon. The belly and thighs of bronze pointed to Greece who defeated the Persians. The legs of iron represented Rome who replaced the Greeks.

Finally came the feet and toes, part of the legs and made partly of iron like the legs, but different in that they were also composed partly of baked clay. Daniel called them a divided kingdom, partly strong and partly weak (Daniel 2:41-42).

The Roman Empire was never completely conquered. Instead it split into eastern and western legs, versions of which have always been visible on the world scene. Since the feet and toes are the last phase of Gentile Dominion before the God of Heaven will set up a Kingdom of His own (Daniel 2:44) and since the statue only represents four kingdoms, scholars call them the revived Roman Empire.

How Will This Happen?

OK. Let’s go back to Hal’s question. Remember, before its fall in the early 1990s all of Eastern Europe including half of Germany was under Soviet control. This was a significant portion of the old Roman Empire. He wondered how the USSR would be defeated so the end times version of the Roman Empire could emerge.

Then we all received the answer loud and clear when for all intents and purposes the Soviet Union suddenly ceased to exist. It wasn’t defeated by an external enemy, but crumbled from within under a crippling burden of debt. The debt was the result of a combination of problems, including a disastrous war in Afghanistan, an unsustainable arms race with the US, and the inability to support the resulting increase in government spending in a declining Soviet economy.

Remembering Hal’s comment made me think how similar the world situation is today, only now it’s the US standing in the way of end times prophecy. Israel can’t experience the utter abandonment that will leave God as its only hope against powerful, hate filled enemies until the US has been neutralized. Like the Soviet Union, we could crumble from within for the same reasons they did. A catastrophic natural disaster, a coordinated series of terrorist attacks, or the rapture of the Church would also get the US out of God’s way. But something will have to happen to clear the way for the next phase of the end times, because just as the USSR was not part of Nebuchadnezzar’s statue, neither is the USA.

We’re All In This Together

Another thing that struck me was the “inter-dependency” of the world today. For example, news reports abound on the extent to which Europe’s economic difficulties are hindering America’s recovery.
And now we’re being told that China’s exports are dropping at an alarming rate due to the world wide lack of demand. China is the world’s number one exporter and currently new orders are not sufficient to sustain its massive manufacturing capacity. Some experts are warning that China’s economy could be in the early stages of implosion. If so this could also carry worldwide implications. And China is one of America’s major creditors. How would the decline of their economy affect the US? Oil prices also fluctuate in response to changing worldwide demand. It seems like all the world’s economies depend to a growing extent on each other. These and other trends make me wonder how God would go about healing America without also healing the rest of the world.

In the days of Ruth and Boaz, escape from the famine in Bethlehem was as simple as walking across the Jordan River valley into Moab. And Nineveh was powerful during a time when nations could exist independently, and where God treated them individually. Remember, He only had Jonah warn Nineveh of the coming judgment. No other city was warned because the judgment was against Nineveh alone. Even within the last century isolationism was considered to be a viable strategy for the US. But we now live in an age where nations are interdependent and where God is in the process of bringing judgment upon the whole world. It’s a whole different set of conditions.

Who Are You Looking For?

Then I realized how our view of the end times affects our view of current events. If you’re one of those scoffers who laugh when people talk about the end times and think that everything will go on as it has since the beginning of creation (2 Peter 3:3-4) then I can understand why you want to pray for God to protect your way of life. It’s the natural thing to do. In Matt. 24:37-41 Jesus spoke about the time just before His coming. In effect, He said even then people would be trying their best to live a normal life, thinking the terrible times would have to end sooner or later and things would go back to being the way they’ve always been. They will have no idea that the world as they know it is about to end.

But if you believe we’re the generation that will see the Lord’s return for His Church then you see the decline of the US as a major sign that God is bringing things to a close, just as the fall of the Soviet Union was a major sign 20 years ago, and the re-birth of Israel was a major sign before that.
And although that means things could get even more uncomfortable soon, you long for the Lord’s appearing, since you know the Lord has promised to rescue us from the coming wrath (1 Thes. 1:10) and will award a crown to all who’ve been longing for Him to do so (2 Tim. 4:8).

Personally, I believe the signs that show we’re well into the End times are becoming almost impossible to ignore. Israel is back in the land. The Middle East is a tinder box one spark away from erupting in flames, and all the participants in Psalm 83, Isaiah 17, and Ezekiel 38 are now in place. The weather is unpredictable and becoming more extreme. Natural disasters are on the rise. The economic problems we face are worldwide in scope and require the kind of solutions only a one world government can implement and enforce. This means a leader will have to be found who can quickly gain worldwide popularity. The quote attributed to Paul Henri-Spaak, former Prime minister of Belgium, is becoming timelier by the hour. “What we want is a man of sufficient stature to hold the alliances of all people and to lift us out of the economic morass into which we are sinking. Send us such a man, and be he god or devil, we will receive him.”

Thy Kingdom Come

It doesn’t matter whether you favor the western leg of the Old Roman Empire or the eastern leg, they’re both in the advanced stages of preparation to become the last Gentile empire before the Lord comes to establish His Kingdom. This is an urgent sign because the revived Roman Empire will have a short duration, perhaps as little as 7 years, and then the Lord will come to establish a kingdom that will never be destroyed or given to another (Daniel 2:44).

As has been the case in the past, this kingdom will exist in three components, Jews, Gentiles and the Church. The main difference, at least at the outset, is that all will be believers. The Jews will dwell with God in Israel, which will be expanded to include all the land He originally gave to Abraham. Believing Gentiles who survive the Great Tribulation will repopulate the rest of Earth, and the Church will inhabit the New Jerusalem.

Most of what the Bible contains in relation to the Kingdom Age on Earth is found in the Old Testament and is limited to descriptions of Israel, which will be the headquarters of the Kingdom on Earth. From them we can see glimpses of a creation liberated from its bondage to decay (Romans 8:18-21), with fields so fertile the farmer can barely complete the harvest of one crop before it’s time to plant the next one (Amos 9:13), of people living in peace and joy to an age well beyond what man currently experiences (Isaiah 65:20), of children no longer doomed to misfortune playing safely in the streets while the elderly look on happily (Zech. 8:4-5).

We can only assume that life in the nations will also be a much improved version of what we currently experience, but it seems clear to me that Israel will be the most favored nation on Earth.

Life in the New Jerusalem is even more sparingly described. But what is there is mostly contained in Rev. 21. From there we can see obvious differences. There’s no mention of fields, crops, or other earthly endeavors because after the rapture the Church will consist of immortals of the royal class, and royals don’t work in the sense that you and I do.

1 John 3:2 says, “Dear friends, now we are children of God, and what we will be has not yet been made known. But we know that when he appears, we shall be like him, for we shall see him as he is.”

John’s statement means it’s impossible to know in any detail the kind of life we’ll be living after the rapture. All we know for sure is that it’s beyond our imagining. Paul said, “No eye has seen, no ear has heard, and no mind has conceived what God has prepared for those who love Him” (1 Cor. 2:9).

So if you’ve heard stories about us sitting on clouds playing harps all day, or having to endure an endless worship service, or looking with envy on another person’s mansion and wishing we’d worked harder in life, you know those things can’t be true. Those ideas were conceived by human minds, and are not supported in Scripture.

Just as you have the faith to believe you are saved, you also have the faith to believe your next life will surpass your current one to an extent you can’t imagine. You only have to step outside the boundaries of your earthly perspective to exercise it.

End Times prophecies tell us God is working to bring His Kingdom to pass.
These prophecies say this will be accomplished in several steps. First He will remove His Church from Earth to the place He’s prepared for us (John 14:2-3). Then He will turn His attention to Israel for the seven remaining years He promised them (Daniel 9:24-27, Acts 15:13-18). During those seven years He will accomplish three things in preparation for the Kingdom. Through the End Times judgments, He will 1) completely destroy the nations among which His people have been scattered, 2) discipline Israel (Jeremiah 30:11), and 3) bring about the restoration of His creation (Acts 3:21, Rev. 21:1). Then the Lord Jesus, having established His Heavenly Kingdom in the New Jerusalem seven years earlier, will return to establish His Earthly Kingdom, headquartered in Israel.

This is God’s plan for us, and I believe the signs tell us He’s already well into the final stages of implementation. You can almost hear the footsteps of the Messiah.
 

fstroupe

New member
I used to have a supervisor who was a big Coast to Coast AM fan and he’d take every opportunity he had to warn us all that we had better be stocking up on gold because the economy was going to collapse and only gold would be worth anything.

He used to get so pissed off when I’d ask him (in front of everyone else) “What are you going to do when the economy does collapse and the very first thing the government does is outlaw all gold transactions?” His response invariably was “There will always be a black market and people will always accept gold.” To which I’d ask “so, you’re willing to trust criminals to give you fair value for your gold?’

Long story short it pissed him off every time he opened his mouth.

IMO our money has been worthless for a long time and I’d rather save things that have some intrinsic value (commodities, medical supplies, toilet paper) that waste time investing in an economic system that is headed off a cliff
I think that many investors in gold do not quite understand why they are investing in it in preparation for an economic collapse. It is not to have it during the crisis, but after it is over when it will be worth the most.

It is not only criminals I wouldn't trust to sell to, in a collapse NO ONE will pay you what the gold is really worth and you will end up giving it away.

Home equity loans be damned. To survive economic meltdown I have always maintained that the best investment is the asset you can live in. People need to consider this carefully. In economic meltdown the bank will still want payment. No payment, no home. Do your best to pay off that mortgage as early as possible.

I agree totally, the best thing you can do other than buy a sustenance farm in the middle of the wilderness is to pay off your mortgage on a single-family home. Even if you have to use candles for light, get wood for cooking, and find somewhere to get water from and haul it home, as long as you can pay your real estate taxes you have a roof over your head.

I may have to get light by hanging a bare car headlight from the ceiling hooked to a battery, but Lord willing I will have my house paid for in less than 2.5 years.
 

buckey01

New member
The only ones who do not see the comming economic collapse are are either delusional or ignorant. We have several examples in Europe of the results of the economic course we have chosen. Of course the exact results of this country's stupidity can't be completely charted. We are the largest debtor nation in the history of the world; so no one can know the scope of the comming calamity, only that it is inescapable.

Gold and silver may be important during a recovery if the government doesn't call in all precious metals as they did in 1932. To me it would seem that a place of relative safety, food and the knowledge of how to produce food, and the ability and means of self protection would be of ultimate importance.

The government and certain contributors to this forum can make jokes about " tinfoil hats" but nothing is going to ameliorate the disaster heading this way. Those who are totally unaware of our serious problems are going to be in the most desperate and untenable situation.
 

kwimby

Banned
...no one can know the scope of the comming calamity, only that it is inescapable.
Can I quote you on that? I mean, as long as we are prognosticating on things we cannot know, I'd like to make a note on my calendar and revisit this thread on this date every year for awhile to compare how it works out to the gloom and doom being predicted.

Is that OK with you Mr. doom and gloom?
 

New Threads

Members online

No members online now.

Forum statistics

Threads
49,385
Messages
622,985
Members
74,199
Latest member
jerpar69
Top