Well here we sit, Spring 2012. The American economy is in cardiac arrest, and waiting for a doctor to shock it back to life. However it appears the doctor has decided it best to head to the golf course and spend time improving his own game rather than concern himself with helping the dying patient. As the final breaths of life wheeze out of the patient, America, those assigned to providing life saving services have done anything but, in fact, most argue it was the final dose of rat poisoning that the doctor put into the intervenes drip that caused the cardiac arrest. All the nurses heard the doctor as he headed out of the hospital say, “don’t worry everything is okay, the patient has never been more healthy thanks to my great leadership and skills”.
It was about one year ago that I officially declared the American economic collapse had begun, in fact it was April 25th 2011. At that time I showed 14 different statistics, charts, graphs, and data to back up my assertion. I did not place any time frame on how long this collapse would be, or what the end would look like, however I did say clearly nothing will reverse this collapse, and in fact I predicted things would get much worse, with ultimate overall collapse of America bringing in a fascist, oligarchy totalitarian state ruled by a few global elite. In the past year do you think that predication is coming true?
I want to look at three critical economic areas today, and make comparisons to last year, and longer trends; inflation, housing market, and debt.
In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation also reflects an erosion in the purchasing power of money – a loss of real value in the internal medium of exchange and unit of account in the economy.
Using that as the definition of inflation, do you think that over the past year inflation has gone up, down or held level? By every measure of logic and sanity we are experiencing tremendous inflation over the past year. Fill up your car with gas, buy some groceries, try to get a discounted airline ticket, how about rent, insurance, banking fees, taxes, has any of these items GONE DOWN? Of course not all have been skyrocketing up.
What causes inflation? Economists generally agree that high rates of inflation and hyperinflation are caused by an excessive growth of the money supply. If more money is printed then you have more money in circulation. This means it will TAKE MORE of that money to purchase the same amount of goods then before the money printing. This is called supply and demand. Now what has our government been doing over the past year, heck over the past four years, PRINTING MONEY, in the trillions of dollars, out of thin air, backed up by nothing. How about some charts:
I am just giving you a sample of what inflation looks like in charts and graphs. What should be most shocking is that we have a government and a VERY willing media that continue to tell you there is NO or LITTLE INFLATION. This is what the government states is the current inflation via their monthly CPI and PPI reports.
I want you to really look at that chart, which is why I expanded the size of this. OUR GOVERNMENT and MEDIA wants you to believe that over the past twelve months there has been 2.9% inflation. They means your cost of living has only gone up 2.9%! Think about that. If in 2010 your years expenses were $30,000.00, they expect you to believe that if in 2011 you went out to purchase the exact same quantities of gas, food, housing, insurance, etc, that your total expenses would have been $30,870.00.
THINK ABOUT THAT, I am sure you spent more than $870.00 on gasoline increases ALONE over the past 12 months, but yet our government every day, with a willing media that never questions government reports is telling you that inflation is only 2.9%!
Housing is recovering, housing has hit a bottom, housing is turning around, what a great time to own a home! I imagine you have heard those statements maybe 100,000 times over the past four years, from real estate agents, banks, friends whom own homes, politicians, political pundits, newspapers, CNBC, MSNBC, Fox news, and just about everyone whom works for the SYSTEM. THEY ARE LYING TO YOU, with every breath, and every statement. The facts show clearly the housing market is continuing to fall like a rock off a cliff, hurdling toward a bottom that will be so low the rock will shatter into a million pieces when it finally hits.
The following came from Yahoo News March 27th 2012, yes it is so bad that even some news sources are starting to at least run stories on facts:
The housing market started off the new year with a thud. Home prices dropped for the fifth consecutive month in January, reaching their lowest point since the end of 2002.
The average home sold in that month lost 0.8% of its value, compared with a month earlier, and prices were down 3.8% from 12 months earlier, according to the S&P/Case-Shiller home price index of 20 major markets.
Home prices have fallen a whopping 34.4% from the peak set in July, 2006.
Here are some charts that you most likely have not been shown.
Perhaps I don’t even provide analysis and I just let this chart below say it all.
If I wanted to help you undertand the gravity of the economic collapse, perhaps two more charts, your average median income.
MARK MY WORDS, this does not end well, we are staring at economic armageddon. Those in power holding the purse strings, could keep printing money, inflating the dollar and destroying your way of life for 3, 6, 12 months or longer, but eventually they will have to stop. They may be able to keep distorting truth, feeding out propaganda, and lying to you daily, but eventually enough will wake up. Soon a new “event” will need to take place to “stimulate the economy”. Soon a new “enemy” will be needed to rally the American people behind its government. Soon, very soon, the world will look for something else besides the dollar to trade commodities in. Soon, very, very soon, people will be on the streets, what happens then, only God knows, but I could guess. Let me save that for a future article.
- Inflation and its impact on you (cmaankur.wordpress.com)
- Inflation : Is All Well or Is All Hell About to Break Loose? (citizentom.com)
Filed under: Economic Collapse, Future, National Blog · Tags: economic collapse, economic recovery, economy, fed, federal reserve, home prices, housing market, inflation, money printing, obama, presidential election