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It is easy to interpret the signals of our economy from afar when we see people driving cars everywhere and we tend to think that our economy is not that bad.
However, the fact remains that 40 years ago Americans owned those cars that we see them driving. Today, we are renting them as 40% of us are leasing our vehicles.
As we drive up and down our neighborhoods, we see people living in houses and we lie to ourselves as use this as a false barometer to convince ourselves that everything is OK. However, many of these homes we see people living in, have lost all of their equity.
The logical answer to the question “When will we have a depression”, should be answered by stating “We have an $19 trillion dollar annual deficit and that is the good news. We have $240 trillion dollars of debt from unfunded liabilities and we have a stunning $1.5 quadrillion dollar debt.
So, you better grab all the food, water, guns and ammunition that you can run for the hills”! But as long we see people driving in cars and living in houses, most Americans are gong to deny the truth. And the last thing that I wanted to do on the first day of a new year, was to be the harbinger of doom and gloom.
Yet, I feel compelled to speak the truth because I might be able to get one more person to take the steps necessary to help increase the odds of their survival in response to what is coming. History shows that one can count on four things occurring following the collapse of the dollar.
The Last Great American Garage Sale
On multiple occasions in this column, I have thoroughly documented the following facts which demonstrate that the banksters are stealing our assets in preparation for them to economically survive what is coming:
1. The Seventh Circuit Court of Appeals ruled that when you put money into the bank, you have transferred ownership of that money to the bank. This ruling represents government sponsored theft in the highest order, yet most of us are unaware that this happened.
2. The G20 nations declared the money in your bank account to not be money. Therefore, the FDIC insurance for your savings.
3. The MERS mortgage fraud is ongoing and homeowners are still having their homes stolen without legal justification.
4. The Federal Reserve, in 2012, began to print money to the tune of $40 billion dollars a month in order to purchase mortgage backed securities.
5. The banksters have practiced stealing the secured accounts of American in the MF Global (MFG) scandal, resulting in the loss of $6.3 billion dollars of secured investment funds. Nobody went to jail.
6. In April of 2013, the banksters are manipulating the price of gold as evidenced by the actions of “Goldman Sachs who told their clients earlier that they recommend initiating a short COMEX gold position.” After investors were duped into panic selling, the banksters bought up massive sums of gold. The banksters were buying gold while getting out the American Stock Market and the megabanks. Why? Because the dollar is on the verge of collapse.