More Signs Of The Coming Economic Collapse

This article points to quite a bit of information that makes it obvious a collapse is coming soon. Watch for news like this to become more and more frequent as the weeks pass.

Wal-Mart CEO H. Lee Scott Jr. says customers are "running out of money."

Earlier this week, consumer juggernauts Home Depot and Wal-Mart reported softer than expected earnings.

Penned the New York Times, "the sober forecasts reverberated across Wall Street, sending the Dow Jones industrial average and the Standard & Poor’s 500-stock index down by nearly 2 percent, with the Dow dropping more than 200 points. Shares of both Wal-Mart and Home Depot fell around 5 percent.

"Economists said the sluggish performance of the chains — Wal-Mart missed its profit forecast and Home Depot’s earnings dropped — could signal broader troubles in the economy."

Buried in the article was a sobering remark indeed: “Many customers are running out of money at the end of the month,” said H. Lee Scott Jr., the chief executive of Wal-Mart.

In Los Angeles, economic concerns hit close to home.

Anxious customers of Countrywide Bank jammed its phone lines, branches and website after the nation's largest mortgage lender -- which owns the bank -- announced it was facing problems from a credit meltdown.

"Countrywide Financial Corp., the biggest home-loan company in the nation, sought Thursday to assure depositors and the financial industry that both it and its bank were fiscally stable," wrote the LA Times Friday. "And federal regulators said they weren't alarmed by the volume of withdrawals from the bank."

"The rush to withdraw money -- by depositors that included a former Los Angeles Kings star hockey player and an executive of a rival home-loan company -- came a day after fears arose that Countrywide Financial could file for bankruptcy protection because of a worsening credit crunch stemming from the sub-prime mortgage meltdown," the paper continued.

Economic Collapse Imminent

You cannot go one day without seeing plenty of news about the coming financial meltdown of the United States. I have been calling this for years, and its finally becoming apparent to everyone else.

This article from Signs Of The Times goes over quite a bit of the recent news on the subject.

The sharp drop in stock prices toward the end of last week coming on the heels of the sell-off of the week before last indicates a growing sense of panic.

The people saying that the bursting of the housing bubble can be contained are getting fewer and fewer. Those who see it as the beginnings of much wider and deeper economic trouble were once on the fringe, but are now the mainstream. The lack of confidence in mortgage debt is leading to questioning of all sorts of debt, including the hyperdebt of derivatives and hedge funds.

China Threatens To Cause American Dollar Collapse

Almost every day there is some news that points to the coming Chinese rise to power. Do not forget that the same people who are setting the U.S. up to fail today, are the same people who will be controlling China tomorrow.

Everything that happens on the world stage, is part of the "Big Show" they are putting on to herd the sheeple of the planet into mental prisons.

The Chinese government has begun a concerted campaign of economic threats against the United States, hinting that it may liquidate its vast holding of US treasuries if Washington imposes trade sanctions to force a yuan revaluation.

Two officials at leading Communist Party bodies have given interviews in recent days warning - for the first time - that Beijing may use its $1.33 trillion (£658bn) of foreign reserves as a political weapon to counter pressure from the US Congress.

Full Article @ The Telegraph

Want To See The Ocean? Give Us Money!

Visitors will wear wristbands that automatically debit their bank accounts or credit cards to pay for beach access, food and parking. Garbage cans will send e-mail to cleanup crews when they’re ready to be emptied.

And people won’t even think about trying to sneak in: Beach checkers could scan the sands with handheld devices and instantly know who didn’t pay.

This southern New Jersey city plans to deliver a variety of public services and Internet access using radio-frequency identification chips and Wi-Fi wireless technology. The $3 million project is expected to be finished by next summer.

Full Article @ Worcester Telegram & Gazette

The Dollar Is On Its Way Out

Over the past few months, I've constantly seen news articles all over stating that the dollar was in decline. Things like "Dollar Hits New Lows Vs. Euro, Pound" and "Traders ask how low can the dollar go" have become commonplace over the past few years (however, this been in the works for quite some time longer).

However, lately I have seen it even more frequently.

Just a few days ago I saw an article that said "Canadian dollar equal to US dollar in value"...and the next day, another article said "Canadian dollar surpasses US dollar".

Where is this all going?

Perhaps this article entitled: It’s Official: The Crash of the U.S. Economy has begun can shed a bit more light on the subject.

If you do not know how the money system came to be, you should take a look at some of the videos & information I have posted on the subject in the past.

The New World Order folks have been working to control the financial systems (money making) in every corner of the planet. By centralizing the banking, they have been slowly moving closer to a one world currency. Money started off as a way to exchange goods and services without having to provide the good or services at the time of exchange. It allowed people to, in theory, "save up" their energy (which they trade for other peoples energy so they do not have to do everything and can specialize in certain things & have free time). At the same time, people were slowly moving towards relying on external forces for their well-being.

This can work, in theory. However, if you have a group of global conquistadors striving after world domination, this can be used to gain control of everyone by controlling their means to purchase things necessary to live (water, food, etc).

In the next few years, prepare for a great economic crash and ensuing chaos in the U.S. After the financial system collapses, how do you think you are going to get your food and water? Do you think if there is no money to pay them, the truck drivers are going to continue to bring food to your grocery stores? Do you think the water company is going to continue to pump holy water to your door so you can survive if they can no longer make a profit from it? This is also why the NWO people have been trying to make everyone reliant on non-local foods and goods. When is the last time you got food that did not travel hundreds of miles to get to your mouth?

This chaos will be used as a way for the United Nations (what does UN mean in Spanish?) to come in and say "We told you, this is what happens when you give the PEOPLE the freedom to do what they please". They will then present some plan for "world peace" which boils down to all economic, military and political issues being run by the United Nations, and effectively starts the complete centralization of power.

Now, zoom forward in time 20 years or so (perhaps less), and imagine where this can go:

A world government, that controls all of the resources, and forces you to live the way they want, or else they simply revoke your right to purchase food and water. If they control the money systems around the world, they can implement an electronic money system, where you no longer hold the money, but it is represented on a chip in your body or a card you carry.

Mark my words, some day the United Nations will come to the supposed rescue, and it will be the beginning of the end of individual thought.

Zeitgeist

How is 9/11, Ancient Civilizations, Solar Worship and Money all related?

Money As Debt

This is a great documentary on how the banking & money systems of the world came about. Good way to get started seeing how this system was created just to make us all slaves to debt.

Here and here you can find other sources of information on the subject.