The Economic Armageddon and You

Wondering about the American economy? This animated video explains inflation, stagflation, recession and more, all in 5 minutes.

A global economic collapse has happened before in 1345 when the Bardi and Perruzi banks went under. "The result was a disaster for the human population, which fell worldwide by something like 25 percent between 1300 and 1450 (in Europe, by somewhere between 35 percent and 50 percent from the 1340’s collapse to the 1440’s)." - How Venice Rigged The First, and Worst, Global Financial Collapse by Paul B. Gallagher for Fidelio Magazine (available online on the website of the Schiller institute).

Lindsey Williams ~ The Fiscal Cliff is just a Distraction !

Lindsey Williams ~ Radio Liberty 12-07-12 : Pastor Lindsey Williams www.LindseyWilliams101.blogspot.com Reveals some very startling information on the Federal Reserve's moves to devalue the US dollar, foreclose on all remaining US mortgages and rent all homes back to their owners.The elite do not want the financial collapse yet , they want to force debt on Americans and they will tax the middle class into oblivion says Lindsey Williams .the Fiscal Cliff is just a Distraction he added it is nothing but a hype the middle class in America will be destroyed by taxes ....

Lindsey Williams, who has been an ordained Baptist minister for 28 years, went to Alaska in 1971 as a missionary. The Transalaska oil pipeline began its construction phase in 1974, and because of Mr. Williams' love for his country and concern for the spiritual welfare of the "pipeliners,&quot ; he volunteered to serve as Chaplain on the pipeline, with the subsequent full support of the Alyeska Pipeline Company. Because of the executive status accorded to him as Chaplain, he was given access to information documented in his eye opening book, The Energy Non-Crisis.
After numerous public speaking engagements in the western states, certain government officials and concerned individuals urged Mr. Williams to put into print what he saw and heard, stating that they felt this information was vital to national security. Mr. Williams firmly believes that whoever controls energy controls the economy. Thus, The Energy Non-Crisis.

The Great Depression Boom and Bust in America

The recession started because the market was saying NO, we must stop consuming our wealth and stop borrowing what we cannot repay. I do think governments managed to stop a worldwide depression in 2008. However, only by continuing to consume the little real wealth that we have left. Thus, in some years the problem is going to be many times worse, and it already is. Let's hope it's only our children who have to deal with that, eh.