Survive and thrive during the coming economic crisis

Online Since 1995      

 
Economic Depression 2010

Updated: 7-9-08

Don't look now but the U.S. economy is collapsing. Here are 21 reasons why our nation will soon tumble into a severe economic depression the likes of which we haven't seen since the last Great Depression of the 1930s:

1. Big Banks are failing. The federal government has been forced to bail out some of the largest banks in the country.

2. The U.S. dollar, once as good as gold, has lost more than half it's value over the past six years!

3. Oil and energy prices are soaring to all-time record levels. The oil producing countries are pumping flat out yet the world is screaming for more! Our entire economy is based on the easy availability of cheap oil but what happens now that all the cheap oil is gone?

4. Foreclosure rates are high and rapidly increasing. In May '08 foreclosures surged 49% when compared to the same month last year.

5. Consumer spending - a major part of our economy - is rapidly declining. American consumers are tapped out, broke and maxed out on their credit cards. Soon we will enter a deep and lasting consumer driven recession.

6. House values have fallen to levels not seen since the last Great Depression! Where will American consumers go for money now that they can no longer borrow against their rapidly increasing house value?

7. We're wasting over a trillion badly needed dollars on an illegal war in Iraq. Before it's over we'll blow more than three trillion in total.

8. Our American health care system is collapsing. Hospitals are closing their doors all over the country while health insurance premiums are skyrocketing.

9. The mortgage meltdown is threatening to destroy the pensions millions of Americans depend on.

10. Millions of high-paying manufacturing jobs continue to leave the U.S. headed for China, India and Mexico.

11. Hundreds of banks will soon fail. Chairman of the Federal Reserve System Ben Bernanke has admitted that he's hiring hundreds of new bank examiners in preparation for this new wave of bank failures.

12. Food prices are soaring. If present price trends continue, soon over a billion people living in the poorer countries will no longer be able to afford to buy food. What hapens then?

13. Global warming is destroying crops. The increased cost of oil-based fertilizers, pesticides, fungicides and herbicides along with the increasingly unpredictable natural of our weather is making the planting of crops a high risky business. Look for food prices to continue their upward swing for decades to come.

14. Inflation in the U.S. stands at 7.5%. When corporations begin to pass along the massive increases in energy costs, inflation will quickly climb to double-digit levels.

15. Labor strikes will soon cripple our entire economy. Disgruntled employees who have suffered widespread layoffs, salary reductions, the slashing or even elimination of their pensions, huge increases in medical insurance premiums and the elimination of overtime will fight back with the only tool they have - they'll go on strike demanding much higher wage rates in an effort to keep up with the escalating level of inflation.

16. Our government is forced to borrow $3.1 billion from the Chinese and Japanese every single day! They then hand a third of it over to the Arabs for oil. This level of foolish borrowing can't go on forever!

17. Soon our 78 million baby boomers will retire. Over the next 25 years they will extract over 100 trillion dollars from the social security, Medicare and Medicaid systems. Read my lips - the money isn't there. (And these figures don't include Bush's new 18 trillion dollar Medicare prescription drugs benefit.)

18. City, county, state, corporate and federal debt loads are at or very near record levels. We are literally floating in a sea of debt. Will all this debt ever be repaid. It doesn't seem likely!

19. The U.S. auto industry is shutting down No one wants our big American gas-hogs with gas prices soaring toward five bucks. And remember this - one in six Americans makes their living directly or indirectly off the auto industry. Massive unemployment can't be far away.

 20. Consumer debt is out of control! Back in 1980 it hovered around $100 billion. By 1990 it had doubled to around $200 billion. Now it's over 2.7 trillion dollars and still growing! We are truly a nation living on our credit cards! Will all this debt ever be repaid?

21. Massive new federal spending The Bush administration has increased overall federal spending a whopping one trillion dollars and that has increased our federal debt $3.7 trillion to an incredible $9.3 trillion dollars. That's over $31,000 for each man, woman and child in America!

Soon a wave of bank failures will sweep through our economy. Even Ben Bernanke the Chairman of the Federal Reserve system has openly admitted it! Labor strikes will paralyze our airline, movie and other industries. 

This from the June 16, 2008 issue of the Financial Times:

"Home prices have fallen by 16 percent since 2006 and 15 million Americans could soon have negative equity in their homes."

"Such large loses could jeopardize bank balance sheets. There are 6,700 U.S. banks with less than $1 billion of assets. It is possible that several hundred banks could fail during the the year ahead."

'If they (the White House and the Congress) fail to act, they may soon have to consider legislation mandating the government to assist in the recapitalization of the U.S. banking system with public money - for the first time since the 1930s."

The government recently announced that 49,000 jobs were lost in May. This is the biggest monthly job loss figure in 22 years!

The U.S. economy is tumbling into very hard times, the like of which haven't been seen since the Great Depression of the 1930s. Those who educate themselves now and take the right steps will live like kings and accumulate great wealth in the hard inflationary years to come.

While those who ignore the gathering clouds will suffer terribly. Which group will you belong to?

So I have one question for you:

What Will You Do When the
New Economic Depression Hits?

Are we going into a recession? No - we are not! We're going into a full-blown economic depression. A recession is a temporary decline in economic activity while an economic depression is caused by factors that take years or even decades to recover from. The U.S. economy didn't recover from the economic depression of the 1930s until the 1950s.

I hope and pray I'm wrong about all this but the hard facts are sobering - today we face a long list of unprecedented dangers - dangers we've never had to deal with before. If present trends continue one or more of them will soon conspire to throw is into a painful wave of stagflation. . 

What you probably didn’t know is that this unavoidable inflation is going to get worse – a lot worse. It will eventually cripple our entire economy and throw us into an economic tailspin.

According to the FED inflation is under control. But the facts tell a far different story.

Oil sold for $20 a barrel on 9/11, now that same barrel goes for over $120! A whopping 500% increase! And oil is still going up - over 25% this year alone.

Uranium prices are up from $9 per pound on 9/11, to a current prices of $125. That's over a 1,800% increase!

Copper prices went up 40% in 2006. Some are now referring to copper as "red gold".

Soybeans are up 27% so far this year.

And ounce of gold which sold for a paltry $43 in 1971, now sells for over $850! Since 9/11 gold has soared over 190%!

The leading indicator of 23 widely-traded commodities is up a whopping 30% this year alone.

Inflation is under control? Don't make me laugh!

Now I’m not predicting a sudden stock market crash. Instead you’ll see a slow gradual decline – followed by the massive unemployment usually associated with a deep economic depression, but time we'll have high levels of inflation at the same time.   

What’s worse than an
all-out economic depression?
Inflation - By a mile!

Back in the 1970s we had a so-called oil crisis. But back then there was plenty of oil. The crisis was only a political one. Today prices are being driven up by something completely different - a genuine lack of supply.

And new oil discoveries have been few and far between. During the 1990s new oil finds brought in only 7 billion barrels a year while world demand exploded by more than three times that much!

Both China and India are rapidly industrializing which is increasing world oil demand by leaps and bounds. 

As the price of all forms of energy explodes, you’ll be forced to adjust your lifestyle to adapt to the new reality of living in a world with less and less oil.

On July 9, 2008 in the Wall Street Journal legendary oil man T. Boone Pickens said:

"I've been an oil man for almost 60 years and I've never been as worried about our energy security as I am now."

"Now our country faces what I believe is the most serious situation since World War II."

Never before have we faced anything like the risks we now face. One thing is crystal clear - perilous times lie ahead! What will you do when inflation hits double digit levels and your job is relocated to China? How will you survive? How will you feed and care for your family?

For over five years I’ve been studying past periods of inflation. I’ve read countless books on the subject and have also interviewed scores of people who lived through the last great depression in the 1930s.

I’ve talked with people who lived through the hyper-inflation that hit Argentina in the 1980s. I even found a woman who could recount her mother’s first-hand experiences with the hyper-inflation in Germany in the 1920s.

From my research I’ve collected secret tactics and strategies insiders used to survive and thrive during past economic depressions and periods of hyper-inflation. These approaches worked then and they’ll work now for one simple reason – human nature doesn’t change!  

This is information you won’t find anywhere else. You may find one or two of these tactics mentioned here and there in financial books, but my new e-book entitled “How to Make a Million Dollars Off the Coming Economic Collapse” is the only publication that brings all these hidden tactics together and puts everything right at your fingertips.

You’ll learn how to protect yourself and your family from the coming inflationary economic meltdown - but that’s not all. You’ll also learn how to make money faster and easier than you ever dreamed possible - while your friends go hungry and bankrupt.

You’ll discover how to: 

Buy up valuable assets like cars, jewelry, art, coins, even houses for pennies on the dollar! 

Easily provide financial help to friends and family

Make easy money off either inflation or deflation!

Find the best paying jobs and careers (and avoid the worst)

Buy up cheap land in areas where it will skyrocket in value!

Locate the safest places to live

Move your money offshore where it will be safe from US courts, the US government and even the IRS. This tactic is 100% legal under both US law and IRS regulations!

Protect your safety deposit box entirely – even from the IRS!

Stash money in little-known bonds that will skyrocket in value when inflation peaks – and they’re 100% guaranteed by the federal government!

Buy gold anonymously – not even Uncle Sam will know you have it!

And these are just a handful of the hidden wealth secrets I reveal in this incredible eBook that will have you raking in the money...when all those about you are losing theirs!

As you can see, this isn’t the kind of information you read about in magazines. This is real insider information you won’t find anywhere else.   

You don’t have to suffer. You don’t have to fear the coming economic depression. If you act now - before it's too late!

And the best part is – you don’t need money to make a fortune. I’ll show you how to turn $100 into thousands or even tens of thousands. I’ll show you how you can buy up valuable assets like cars, houses, jewelry or electronics for mere pennies on the dollar. 

How Can You Cash In on all of This?

Let me be perfectly clear.  You want this book.  And you want it now, to be ideally positioned to cash in big during the coming economic collapse. (And if you haven't noticed, it's already starting to happen!)

Opportunities like this don’t come along very often! It doesn’t matter how old you are, what your background is, who you know, how much money you have or where you live. Simply stated this is a once-in-a-lifetime opportunity – one you won’t see again.

You can’t afford to let this opportunity pass you by! Don't wait! The economy is tumbling and if you wait too long, you may miss out and suffer terribly! Order today!

Sincerely,

Disclaimer: We are not in the business of providing financial advice or services of any kind. Always consult with your personal financial and legal advisors before attempting to use any of the tactics discussed on this site or on our publications. Do not break the law. Nothing on this site is intended to in any way encourage illegal acts either now or at any time in the future. This information is for informational and entertainment purposes only.

Entire Site is © Copyright 2007, Ariza Research, All rights reserved - ABP - www.hardtimesgazette.com