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U.S. House Prices Analysis and Trend Forecast 2019 to 2021

In the Midst of the Big Bang of 2008, Economic Collapse Has Already Occurred

Economics / Financial Crash Feb 11, 2011 - 12:36 PM GMT

By: Mac_Slavo

Economics

Best Financial Markets Analysis ArticleIn the 1930’s Georges Lemaître presented the theory that our universe started with a Big Bang. For the better part of the 20th century, it was assumed that the Big Bang event took place in a matter of a few seconds and sent the necessary elements for everything from magnetism to stars to life flying throughout the universe.


In the 1990’s, two Bell Labs researchers, Arno Penzias and Robert Wilson, were experimenting with a radio wave antenna to improve telecommunications when they happened across a faint, but constant ‘noise’ surrounding the planet. They weren’t sure exactly what it was. At first, they thought their antenna wasn’t working properly. A short time later, after scientists from Princeton University searching for remnants of the Big Bang learned of Penzias’ and Wilson’s discovery, they realized that the noise was actually cosmic microwave radiation believed to be ‘left over’ from the Big Bang.

What they found was evidence, not only of the theoretical bang, but evidence that suggested we are still within the explosion itself. The universe is expanding, say scientists, and by default, that suggests the original explosion has not yet dissipated.

The most intriguing part, at least to this author, is that during all this time, we had no idea that we are actually living within the explosion as it continues to further expand the universe. There are, of course, alternate theories to the Big Bang, as well as the reasons for why our universe continues to expand at an ever increasing rate of speed, but hopefully this analogy will help some to grasp the following concepts as they relate to our economy and global events.

We often discuss “collapse” in terms of an event that has yet to occur - a scenario that will unfold at some point in the future. The reality, however, is that we are already within the collapse. Most people have simply not realized it yet because they haven’t been told by those in control of our information infrastructure.

Charlie McGrath explains:

I’m not coming out here telling you “get ready there’s a pending crash coming” or “get ready collapse is coming.” I’m telling you straight to your face - collapse has occurred in this country. Crisis is upon us, right here, right now. Not a year from now. Not ten years from now. We are in the midst of it as I speak to you.

This crisis, this collapse, occurred in 2008. Make no mistakes about it. Look at the world between today’s date and backtracking to 2008. Is it a peaceful place where citizens are getting along because their governments and central bankers have figured out a way to save the economy?

If I look between 2008 and right now, if I look at the history in this short period of time, I see anarchy around the world. I see citizens pushing back. I see protests in every region of the world. Almost every week a new hot spot is popping up. I’m not making that up. This isn’t crisis in the future. This is crisis now - here and now.

Open your mind. Open your eyes. Pull yourself out of the mainstream for a minute. Pull yourself out of the propaganda machine just for a minute and do an inventory of what’s happened on this planet in the last two years since the collapse of 2008.

Facts are facts, and these data clearly demonstrate the ongoing disaster and that the watershed event has already occurred. The reality is, no one in any position of influence has done anything to reverse the trend - globally.

Just as our universe is believed to be expanding at an ever increasing rate with no end in sight, even though the Big Bang happened 20 billion years ago, so too are the effects of the economic collapse gaining momentum :

  • There will be more unemployed - not statistically the way our government likes to count - but realistically on the ground. Millions who are without work are not being counted.
  • There are over 4 million homes in the shadow inventory right now, just waiting to be foreclosed on in 2011, plus the millions of others that just started defaulting on payments.
  • The US Government and Europe are taking on trillions in debt. Just in the US, the stimulus and bailouts have been estimated at over $23 trillion. And, this doesn’t include the future liabilities amounting to some $200 trillion in debt. $23 trillion and nothing to show for it except for worse economic news than in 2008.
  • Our economy, contrary to the government’s estimates, is not growing. It is contracting. While the mainstream tells us growth is near 3%, the Shadowstats alternative data from economist John Williams suggest it is -2%.
  • The cost of everything, except debt based goods like homes, is rising at an alarming rate. Two years ago we (alternative media) warned of coming inflation, and even hyperinflation. The media would have none of it. But the writing is on the wall, with many essential commodities up nearly 100% from two years ago. Even today, right now, Ben Bernanke continues to argue that inflation is under control at 2%. Soon, it will be clear that this is and was a lie. When retail food costs are double what they were in 2008, the rest of America may start waking up to what the Egyptians and Tunisians have been rioting about.
  • As people lose jobs, credit, and everything that they value, they will have no choice but to take to the streets. They’ll either do this in the form of protests, riots or violent crime. What choice will they have when they can’t feed their families. Sound impossible? Then you haven’t seen this chart of food stamp participation increases over the last 2 years. It’s on the verge of doubling from 26 million in 2007 to over 50 million sometime in the next 18 months.

This, ladies and gentlemen, is what a collapse looks like.

If history and science are any guide, there are a lot more elements from the Big Bang of 2008 that have yet to be discovered. Like cosmic microwave radiation, just because we haven’t seen it yet, doesn’t mean it isn’t all around us ready to change the world as we know it today.

By Mac Slavo
http://www.shtfplan.com/

Mac Slavo is a small business owner and independent investor focusing on global strategies to protect, preserve and increase wealth during times of economic distress and uncertainty. To read our commentary, news reports and strategies, please visit www.SHTFplan.com

© 2011 Copyright Mac Slavo - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

gAnton
11 Feb 11, 18:10
The Size Of US Hunger

I'm a little confused. I think that if the head of a family of five is a "participant" in a food stamp program, than five persons rather than one are probably "dependent" on food stamps. If this is correct, I would be interested in knowing what is the percent of the US population is currently dependent on food stamps--I have heard figures like "greater than 50%". Also, what effect will wildly escalating world wide food prices have on the US hunger problem--will the value of food stamps be increased to keep up with the raising cost of food?


Charles
12 Feb 11, 00:12
America's Collapse

A main turning point for America was the forced use of "mark to market" accounting by the IMF. Another was the violation of their oath to the Constitution by Congress in approving McCain (not eligible) and the deliberate acceptance of Obama, though they all knew he was not eligible. The biggest event was the closed session of Congress on March 12, 2008 when they were bullied into believing the economic collapse, government finances collapse, the NAU (Amero) planned, etc. by Soros, Bilderbergs, etc. and the PTB who run the financial world was about to take place. All were either bought off, bribed with cushy jobs, or scared to talk, even now. As a result, Obama was illegally nominated, Bush/Paulson had the TARP ready, and a run on the banks happened in Oct. 2008 just before the election. We were betrayed by our own.


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