If the U.S. economy is improving, then why is child poverty in America absolutely exploding? If we are experiencing "economic growth", then why are more than half of all children in major U.S. cities like Cleveland and Detroit living in poverty? If we are the "greatest economy on earth", then why are one out of every four American children on food stamps? The shocking statistics that you are about to read below should absolutely break your heart. Tonight, millions of precious American children will go to bed without any dinner. Tonight, millions of American children will shiver as they try to go to sleep because their families cannot afford any heat. How bad does child poverty have to get before we all finally admit that our economic system is completely failing many of the most vulnerable members of our society? If you want someone to blame, you can blame Congress, the Obama administration, the Bush administration and the corrupt Wall Street bankers. But most of all, blame the Federal Reserve and the debt-based monetary system that the Fed administers. Our economy is in the midst of a long-term decline and is slowly but surely dying. Many of those that are suffering the most from this decline are children.
(Read More....) 
What happens when you attempt a cold shutdown of one of the biggest debt spirals that the world has ever seen? Well, we are about to find out. The politicians in Europe have decided that they are going to "take their medicine" and put strict limits on budget deficits. They have also decided that the European Central Bank is not going to engage in reckless money printing to "paper over" the debts of troubled nations. This may all sound wonderful to many of you, but the reality is that there is always a tremendous amount of pain whenever a massive debt spiral is interrupted. Just look at what happened to Greece. Greece was forced to raise taxes and implement brutal austerity measures. That caused the economy to slow down and tax revenues to decline and so government debt figures did not improve as much as anticipated. So Greece was forced to implement even more brutal austerity measures. Well, that caused the economy to slow down even more and tax revenues declined again. In Greece this cycle has been repeated several times and now Greece is experiencing a full-blown economic depression. 100,000 businesses have closed and a third of the population is living in poverty. But now Germany and France intend to impose the "Greek solution" on the rest of Europe. This is going to create the conditions needed for a "perfect storm" to develop and it means that the European financial system is heading for an implosion of historic proportions.
(Read More....) 
Never in the history of the NFL has there ever been anything like this. Today, Tim Tebow engineered yet
another miraculous 4th quarter comeback. Almost everyone has been expecting this unprecedented string of comebacks to come to an end, yet Tebow just keeps pulling off miracle after miracle. It seems like nearly every week now we are talking about another unbelievable Tim Tebow comeback. It is truly a great story, and what is wonderful about Tebow is that he is not out to glorify himself. He is very humble, he always recognizes his teammates and he is a terrific role model for a generation of American youth that is in desperate need of one. Unfortunately, there is not going to be a similar comeback story for the U.S. economy. It is late in the 4th quarter, we have accumulated
over 50 trillion dollars of total debt as a nation, and our economic guts
are being ripped out at a rate that is almost impossible to believe. The game is essentially over and we are headed for an incredible amount of economic pain as a nation.
(Read More....) 
How do you decide whether you are wealthy or not? Do you determine that by how much money you spend at the stores? Of course not. You can tell if you are wealthy or not by comparing your assets (the money in your bank account, equity in your home, etc.) to your liabilities (your mortgage, credit card debt, student loan debt, etc.). Well, a lot of Americans seem to believe that just because a lot of money is circulating in our economy that it must mean that we are a wealthy nation. But that is simply not true. To tell whether or not America is a wealthy nation, you need to look at the balance sheet numbers. And when you look at the balance sheet numbers, a very sobering story emerges. Over the past three decades, government debt, business debt and household debt have absolutely exploded, but our assets have not. That means that we are getting poorer as a nation. Hopefully the shocking charts and statistics in this article will help a lot of Americans to wake up. Yes, we once were the wealthiest nation on earth, but today America is no longer a wealthy nation.
(Read More....) 
Millions of American citizens have already left the United States in search of a better life. As the economy continues to crumble and as our society slowly falls apart, millions of others are thinking about it. But moving to another country is not something to be done lightly. The reality is that there are a vast array of social, cultural, economic and safety issues to be considered. If you have never traveled outside of North America, then you have no idea how incredibly different life in other parts of the world can be. For those that are unfamiliar with international travel, it can be quite a shock to suddenly be immersed in a foreign culture. In fact, no matter how experienced you are, choosing to relocate to a new country is never easy. But things have gone downhill so dramatically in the United States that picking up and moving to a foreign nation is being increasingly viewed as a viable alternative by millions of Americans. A lot of people have decided that they simply do not want to be in the United States when the excrement hits the fan. So what is the best country in the world for Americans to relocate to in order to avoid the coming economic collapse?
(Read More....)
No comments:
Post a Comment