Top 5 Doomsday Signs Of Economic Collapse – Wait Till You See Number 5

If you don’t think economic collapse is coming and coming soon, you haven’t been paying attention to what the Fed has done over the last 5 years and what President Obama is doing.

When economic collapse finally hits, and it will, more than 50 percent of Americans will be completely wiped out in just a few weeks. And then what do you think will happen.

So what are the 5 signs we are heading for economic collapse or economic doomsday like the world has never seen?

1. Almost one quarter of all Americans have amassed more credit card debt than they have in emergency savings. That means when massive layoffs start happening, people will only have a few weeks of savings before they are wiped out and won’t even be able to afford groceries. And they will still have to pay their credit cards, all the while draining their almost non existent savings.

It gets worse…

2. A full 62 percent of Americans are living paycheck to paycheck and when they lose their jobs, they can’t buy groceries, they can’t pay their bills, they can’t put gas in their cars and so on. Only 38% percent of people surveyed can cover a $500 repair bill, much less keep things going for even a couple of weeks with no pay.

3. Stocks are facing an absolutely monumental crash – Corporate debt is back to 2007 PEAK levels. Margin debt which is money borrowed to buy stocks is at 2007 PEAK levels. China’s GDP numbers are a total fiction. China’s rail freight volume is at a 24 year low. We are in a global economy that when investors see the full impact and the market starts to slide, it will be a huge sinkhole of wealth destruction.

Next…

4. The Economic disaster Greece is facing – How Greece has managed to hold on without total collapse is anyone guess, but there is a looming disaster just waiting to happen in Europe over Greece. They can’t pay their bills and have agreed to a 4 month extension of loan guarantees from the European Union while on the other hand their new Socialist government under Price Minister Alexis Tsipras has already said he will not pay Greek debt to the EU, but the EU just loaned him even more money.

A protest group called ANTARSYA has called for defaulting on Greece’s debt, and nationalization without compensation of major industries, banning of lay-offs, the disarmament of the police, full political and social rights for immigrants. Sure, please tell us what fantasy land that can happen in. Nothing like good old Socialism with no means of financial support to ruin an economy.

Of course it gets worse, you didn’t think we were done yet, did you?

This is a good one and just what you’ve been waiting for. Get this…

5. The US Treasury is spending billions of dollars they won’t even account to Congress for. It’s hard to believe we have come to the point in this country where Congress asks the United States Treasury to account for 3 billion in Obamacare payments and they flat out tell Congress, NO!

Astoundingly Rep Paul Ryan has asked the treasury to explain why $3 billion in payments were made to health insurers even though Congress never authorized the spending through annual appropriations and the Treasury Department told him flat out, they would not comply.

If the treasury under the Obama administration cannot and will not account for this kind of money, $3 Billion, what else are they up to at the orders of Barack Hussein Obama?

There you go, economic collapse is looming and our government from the Congress to the Treasury, to the Federal Reserve to President Obama knows it and it is as if they want it to happen because no one is doing anything about it.

Check out the links in the video description below for references on these 5 signs.

Living on the financial edge:
http://www.cnbc.com/id/102442205

Americans are living paycheck to paycheck:

On The Verge Of The Next Economic Crisis, 62 Percent Of Americans Are Living Paycheck To Paycheck

Greek protests ready for disaster:
http://www.zerohedge.com/news/2015-02-26/full-circle-first-anti-government-protest-greece-turns-ugly

Treasury Dept refuses to comply with Congressional request:
http://www.washingtonexaminer.com/treasury-wont-explain-decision-to-make-3-billion-in-obamacare-payments/article/2560739

The Data Shows economic collapse is coming soon:
http://www.zerohedge.com/news/2015-02-26/data-shows-real-economy-imploding%E2%80%A6is-crash-next

Comments

  1. LoW TimPle
    LoW TimPle 24 June, 2016, 14:10

    Literally Not Going To Happen. Nothing About This is Going To Happen… Think people. Think..

    Reply this comment
  2. Daisy Duke
    Daisy Duke 24 June, 2016, 14:10

    It will collapse when Trump is elected.

    Reply this comment
  3. kim wasserman
    kim wasserman 24 June, 2016, 14:10

    What about the trillion dollars we have given Israel already

    Reply this comment
  4. Margret Sanz
    Margret Sanz 24 June, 2016, 14:10

    Obama is not the patsie!

    Reply this comment
  5. Sean McCaffrey
    Sean McCaffrey 24 June, 2016, 14:10

    I can't wait until this moment comes, all the women I have wanted to fuck will be in line waiting to suck me off for an apple. lol. Talk about the REAL "hunger games" hahaha

    Reply this comment
  6. Charles in seattle
    Charles in seattle 24 June, 2016, 14:10

    you published this video feb 26 2015 paul ryan wasn't the speaker until oct 2015 was it just a luck of the draw you knowing paul ryan would be speaker of the house?

    Reply this comment
  7. vistagraphsnet
    vistagraphsnet 24 June, 2016, 14:10

    The benefits of a global collapse:
    1. The greedy corporations get to lose their ill-gotten gains.
    2. ISIS dollars will not longer buy death and destruction.
    3. Global warming will be suspended and then reversed.
    4. Republicans get to start another war.
    5. Due to shortages of everything from gas to food, the survival of the fittest (best prepared) will be tested.
    6. Law and order will be revised- law enforcement will shrivel.
    7. Gun control will be halted and everyone will be responsible for their own security.
    8. The wealthy will get a taste of poverty.
    9. Unemployed will take what they need from those who have it.
    10. Oil is $29 a barrel today. It will no longer be needed and the middle east crisis will be resolved.
    11.Writ of Habeus Corpus will be suspended and allow President Obama to have a third term ( under martial law).

    Add what you believe will be a benefit and post this as a comment to allthe doomsayers claiming the collapse will be in February 2016.

    Reply this comment
  8. RockRiff888
    RockRiff888 24 June, 2016, 14:10

    Sounds like its time to close my USD account and buy gold.. Good luck with that
    Sharkilla903_2 and your braindead pals… This all makes perfect sense….Kiss your
    welfare cheques goodbye. And hello martial law.. Lol…

    Reply this comment
  9. GWEwrestling
    GWEwrestling 24 June, 2016, 14:10

    if trump is president we will not hav economic collapse

    Reply this comment
  10. Sean McPherson
    Sean McPherson 24 June, 2016, 14:10

    All the people who speak about the "end of the dollar", and the "global economic collapse", they forget to say that money is not a natural resource. Is not finite resource like fossil oil, or gold. Money is our invention. We can create the same amount of food, and distribute it, in the same way that we did the day before of the "end of the dollar" .

    We have to change some rule, like for example: banks can not create money like before, or there is not interest for a loan that you ask to the banks, or every 50 years we erase all the debt public and private.

    What i mean with this is that money is our invention, and we can understand the mistake we did before, and create a new system. Is not the end of civilization, is just make some correction.

    Reply this comment
  11. Ruby Honey
    Ruby Honey 24 June, 2016, 14:10

    Thanks for posting

    Common Sense is not so common…………………….Voltaire

    Reply this comment
  12. Remi Caron
    Remi Caron 24 June, 2016, 14:10

    Grease didn't goes into chaos because their not all armed with guns but when America goes down you lunatics will start shouting each other faster than your police can. If you had any brains you would demand for your government to take care of it's citizens but your so brain washed that you all want to starve and shout each other before you except that a modern society has to be socialized or else you will crumble. Good bye America I hope you all stay on your side of the fence. Can't be civilized in a barbarian society.

    Reply this comment
  13. mkmason2002
    mkmason2002 24 June, 2016, 14:10

    Tribulation's coming! Prepare for spiritual war.

    Reply this comment
  14. David Nikulka
    David Nikulka 24 June, 2016, 14:10

    Walmart is collapsing and you can count on all their supplies going underground to the military industial complex dumbs.

    Reply this comment
  15. Dreeko D
    Dreeko D 24 June, 2016, 14:10

    Why is everyone losing their job all of a sudden?? haha cheer up bud

    Reply this comment
  16. Disco Tex
    Disco Tex 24 June, 2016, 14:10

    If you don't like Obama's philosophy toward government then fine. But to blame our economic collapse on him is ridiculous. This is a monster created by an elite club and Obama's not in the club. (The Bushs, for example, are definitely in the club)

    Reply this comment
  17. sharkilla903_2
    sharkilla903_2 24 June, 2016, 14:10

    this guy is definitely one of those crazy people that think aliens are real.

    Reply this comment
  18. Todd Lavigne
    Todd Lavigne 24 June, 2016, 14:10

    Greece is doing what people are good at. They are surviving.
    If things get really bad, in life, you die. It's that simple. Why don't people get this.
    The normacly bias leads us to believe life will be good. Generally, life hasn't been good
    for humans on this planet.

    Reply this comment
  19. snoozester joe
    snoozester joe 24 June, 2016, 14:10

    Those 7 trillion missing is probably what they are building their underground bunkers with..

    Reply this comment
  20. Brett Jacobs
    Brett Jacobs 24 June, 2016, 14:10

    Financial issues are the least of the USA's problems. The Globalists will inform us mid-Sept. 2015 that there is a meteor/asteroid approaching USA & they must use Nuclear Weapons to minimize damage. Yet the asteroid/meteor story is a complete lie! Nuclear weapons will trigger a massive tsunami on the East and West Coast, which will be 100% man made. The event is a False Flag to usher in Marshal Law. Financial topics are irrelevant if we allow them to Nuke the USA. 

    Reply this comment
  21. David Stanley
    David Stanley 24 June, 2016, 14:10

    #4 Greece  already has a ruined economy brought to them by the democratic free market ,how would socialists ruin it?
    makes no sense

    Reply this comment
  22. David Stanley
    David Stanley 24 June, 2016, 14:10

    Gold will be well below 800$ before the collapse happens

    Reply this comment
  23. Salvador Servillon
    Salvador Servillon 24 June, 2016, 14:10

    @Conservative News:  I thank you for the info, it is greatly appreciated.

    From:  Retired Filipino-American citizens here with my wife and son.  God Bless You.

    Reply this comment
  24. Angela Sachs
    Angela Sachs 24 June, 2016, 14:10

    They do want it……Fema camps……….martial law………..We the People become slaves.

    Reply this comment
  25. Angela Sachs
    Angela Sachs 24 June, 2016, 14:10

    Obama should be arrested and held accountable for this alone with the treasury and the IRS.

    Reply this comment

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