America On The Road To Ruin! Long Term Economic Collapse, Worse Than The Great Depression !!

Examining the economy through what’s going on with the so-called regular American’s life, we’re still going downhill. However, you wouldn’t be able to tell that by only looking at the stocks. Of course not, they wouldn’t tell us the truth, since lying about the economy is what guarantees their means to continue thriving while Main Street – the real economy – is crumbling down.
All sorts of false narratives are being fed to spook away any suspicion that these exuberant numbers are just posing as a facade and will not hold up long-term. In this channel, we have heavily discussed in previous videos how a V-shape economic recovery actually means… no recovery at all. It marks the immediate stage after a big crash, namely, the reaction to the health crisis’ consequences, which is still unfolding and it does not seem to be leaving us as soon as we thought. Therefore, there are many other stages to follow, and this alleged economic “recuperation” was not magic or result of a colossal amount of effort, as CEOs and investors are trying to imply so that they look like they are helping to boost this “miraculous” upturn. In fact, it was expected. We have announced that this was exactly what it was going to happen, you can check our previous videos and you’ll find it. Many economic experts had alerted this response would be coming, and it wouldn’t necessarily mean that anything would be coming back to normal. At this point, there is no normal anymore.
To give you further proof, we’re going to start by analyzing the ambiguities on the statement of a renowned stock advisor in an attempt to discredit the IHS Markit survey, in which it has been disclosed that the services sector of the economy is not improving but has merely leveled out. That is to say, the survey shows that the business economy is neither falling any further nor is it recovering.

Read MoreAmerica On The Road To Ruin! Long Term Economic Collapse, Worse Than The Great Depression !!

The Collapse Of America: Some Parts Of The U.S. Are Feeling Societal Collapse Far More Than Others

This year has shown just how unprepared the world was for a large scale disaster, and the United States is no exception. In fact, while countries across Europe begin to reopen, even allowing travel within some zones, the US is battling a severe second wave of the pandemic as it continues to cause an economic collapse.

However, the health crisis has not affected all parts of the country equally, and some have been feeling the strain of the times much more than others. For rural zones, civil unrest is seen only on TV screens, and the images of overflowing hospitals and rising case count reports seem far away. In fact, life may not feel much different than the same time last year.

But in urban areas, the protests seem virtually endless, and streets that once held countless commuter cars are now packed with angry mobs. Meanwhile, the case counts in these tightly packed areas are surging, and the few glimpses of normalcy that locals caught in June have quickly disappeared under rolled back reopening plans. For city dwellers, life today looks nothing like it did in 2019. And, unfortunately, these conditions will likely only continue to get worse.

In this video, we’re going to discuss how the health crisis has taken a disproportionate toll across the United States, hitting urban centers much harder than rural areas. We’ll tell you what that means for many of our major cities, and how some may never fully recover. We are also going to give you the larger picture of where the country is heading.

Why Every American Should Prepare For The Imminent Economic Collapse 2020 Stock Market CRASH !!

In this video we will discuss why everyone in America should be prepared for the coming economic collapse:

It is very clear that a lot is happening in the world today. It seems that every single day the economic situation in America is getting from bad to worse; the outbreak is yet to be contained, millions of people have lost their jobs and civil unrest is becoming the new normal in the society.
The future does not look good and everyone in America should gear up and prepare for a terrible economic collapse.

When we look at history, before the First World War, the US dollar was fully supported by the gold standard and that meant that every one dollar note had an equivalent amount of gold. Because of this, one could go in the bank and exchange dollars for an equivalent amount of gold. A few year late the dollar was debased from the gold standard and this lead to the creation of the Bretton wood system that enabled most of the currencies to be pegged against the dollar and the dollar itself would be pegged against the gold. The exchange rates were fixed and this resulted to a lot of economic progress in the US. This system later collapsed a few years later when the US government begun printing excessive amounts of dollars to fund the Vietnam War. This lead to the collapse of the unsustainable Bretton Wood system and this is what gave birth to the current monetary system.
At the moment the economic system that we have is very unsustainable; it depends on debt and unlimited printing of money by the Federal Reserve and as a result, at one point everything will just have to fall into an abyss of economic disaster. We are at tipping point and there is not turn around. A reset of the current economic system will have to happen. The biggest losers will be the average middle class that is made up of working Americans and this is the reason why you should prepare yourself.
Each time there is a market crash, the Federal Reserve is always forced step in by pumping more money into the economy. For example during the 2008 stock market crash, it took 400 percent increase in the base currency to bring things back to normal. Each time this is done, the power of the money that was injected into the economy is always diminished and this means whenever the next market crash will come, more cash will have to be pumped into the system to bring another economic pop. During the 2008 financial crisis, it took a 400 percent increase in the money that was injected into the system. This is the exact thing that is repeating itself at the moment and the grave danger of this is that more cash will have to be injected for any subsequent economic downturns.

If the next stock market crash comes, it will be horrific because the FED will have to avert it by printing more money. However, there is a very big downside to this because it will create a hyperinflation and this will have a permanent impact to our economy. This is nothing other than legalized theft because the government, the banks and the few powerful people at the top will use this as a means of wealth transfer. They will take away from the pockets of average people and at the end of the day, the elites will win while everyone else loses.
As usual, history is the best teacher and what we can learnt is that the trajectory that the current system has taken will end up in a bad way. It cannot be sustained in the long run and at one point this bubble will have to burst. There has been zero success in doing this because fiat currencies cannot sustain this; the ancient kingdoms of Rome, Chinese and Indians have proved that that doesn’t work. Even at the moment, most of the western currencies like the dollar, Euro and the British Pound have been continuously losing their value.
We are at a point where the global monetary system is at the verge of a collapse especially because of the economic impact of the current outbreak and this means that very soon we might see a very big shift of the system. We have to be prepared for big changes that will be coming our way. For many year the middle class are always the biggest losers whenever there is an economic crisis or a system reset and even this time, many will lose and this is why you should be prepared in case the worse happens.

Alert Experts Warn Of A Sudden Economic Collapse: Be Ready

The United States is going through a very big health crisis and the whole economy has been severely hit. The outlook of the US economy does not look impressive and now economists are predicting that the US economy might plunge into an economic crisis. We have had a historic economic expansion for the last 10 years and this has come to an end because of the current global economic meltdown and panic. The hit on the American economy has been so big and now this is being reflected in the real GDP, employment, consumer consumption and in the industrial production. It is projected that the united states GDP will falter in the first quarter of the year and probably throughout the year. Firms like the Deutsche Bank, JPMorgan, Goldman Sachs and the Bank of America all expecting the US economy to have the worst year in many decades. If the health crisis continues, we will end up in an economic crisis that will be bigger than what we had in 2008. Right now many companies are suspending their operations and this is being reflected in the labor market where the jobless claims are skyrocketing every day.

Read MoreAlert Experts Warn Of A Sudden Economic Collapse: Be Ready