The Phaserl


There Is Hope In Understanding That A Great Economic Collapse Is Coming

by Michael Snyder, The Economic Collapse Blog:

If you were about to take a final exam, would you have more hope or more fear if you didn’t understand any of the questions and you had not prepared for the test at all?  I think that virtually all of us have had dreams where we show up for an exam that we have not studied for.  Those dreams can be pretty terrifying.  And of course if you were ever in such a situation in real life, you probably did very, very poorly on that test.  The reason I have brought up this hypothetical is to make a point.  My point is that there is hope in understanding what is ahead of us, and there is hope in getting prepared.  Since I started The Economic Collapse Blog back in 2009, there have always been a few people that have accused me of spreading fear.  That frustrates me, because what I am actually doing is the exact opposite of that.  When a hurricane is approaching, is it “spreading fear” to tell people to board up their windows?  Of course not.  In fact, you just might save someone’s life.  Or if you were walking down the street one day and you saw someone that wasn’t looking and was about to step out into the road in front of a bus, what would the rational thing to do be?  Anyone that has any sense of compassion would yell out and warn that other person to stay back.  Yes, that other individual may be startled for a moment, but in the end you will be thanked warmly for saving that person from major injury or worse.  Well, as a nation we are about to be slammed by the hardest times that any of us have ever experienced.  If we care about those around us, we should be sounding the alarm.

Since 2009, I have published 1,211 articles on the coming economic collapse on my website.  Some people assume that I must be filled with worry, bitterness and fear because I am constantly dealing with such deeply disturbing issues.

But that is not the case at all.

There is nothing that I lose sleep over, and I don’t spend my time worrying about anything.  Yes, my analysis of the global financial system has completely convinced me that an absolutely horrific economic collapse is in our future.  But understanding what is happening helps me to calmly make plans for the years ahead, and working hard to prepare for what is coming gives me hope that my family and I will be able to weather the storm.

I do not believe in living my life in a state of fear, and I do not want anything that I write to ever cause fear in my readers.  The ancient Hebrew greeting “Shalom” is roughly translated as “peace” or “completeness”, and that is what we are constantly pursuing in my household.  My wife and I know that incredibly challenging times are coming, but we also know who we are, what our purpose is, and where we are headed.  We also believe that the greatest chapters of our lives are ahead even in the midst of all the chaos that is coming.

When times are the darkest, that is when light is needed the most.  Just think about it.  When you look back over history, what heroes do you admire the most?  If you truly think about it, almost all of those heroes arose during times of great adversity and conflict.

The years ahead can be a time of great adventure for you, or they can seem like hell on Earth.  It all depends on how you respond to your circumstances.

Do you want to know who is going to respond to the years ahead with fear, panic and depression?

The millions of people that have absolutely no idea what is coming and have made absolutely no preparations are going to be absolutely blindsided by the coming economic collapse.  Just like the 1930s, we are going to see people jumping out of windows and jumping in front of trains.  Others will sink into a state of despair so deep that nobody will ever be able to shake them out of it.

It doesn’t have to be that way.

Over the past five years I have spent thousands of hours studying the coming economic collapse.  In my articles you can find tens of thousands of facts and statistics that prove that the U.S. economy is hurtling toward oblivion.

It is not always the most pleasant thing to write about, but it is the truth.  And that is what matters.  If you believe that I am wrong, prove it to me.  I work very hard to put out the most accurate information that I possibly can.  So if you can prove that I am wrong, I will change my mind.

But of course that is not going to happen.  As I have stated previously, anyone with half a brain should be able to see that we are living in the greatest debt bubble in human history.  Anyone with half a brain should be able to see that the “too big to fail” banks are being extraordinarily reckless (derivatives, etc.).  Anyone with half a brain should be able to see that our formerly great manufacturing cities are being transformed into crime-infested hellholes.  Anyone with half a brain should be able to see that the middle class is dying.  Anyone with half a brain should be able to see that the exact same patterns that led up to the great financial crisis of 2008 are happening again.  Anyone with half a brain should be able to see that we simply cannot consume far more wealth than we produce as a nation indefinitely.  Anyone with half a brain should be able to see that the incredibly foolish decisions that our politicians have been making for decades have placed us on a road to utter disaster.

So it doesn’t take anyone special to do what I am doing.  I am just a “watchman on the wall” sounding the alarm the best that I can.  And there are lots of others that are doing the same thing.  We are deeply concerned about where this nation is heading, and we have been pleading with our leaders to do something about it for a long time but they have not listened to us.

Since our leaders just continue doing “business as usual”, there is not going to be a solution to our problems on the national level.

So that is why I am encouraging people to get prepared for the hard times that are coming on a family level and a community level.

Unfortunately, it seems like some people always have an excuse for not getting prepared.  In fact, a few have even gone so far as to accuse me of being “anti-faith” for suggesting that people actually get off their couches and do something to help their families deal with the nightmare on the horizon.  They seem to have the attitude that we should all just sit back and wait for God to do everything for us.

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17 comments to There Is Hope In Understanding That A Great Economic Collapse Is Coming

  • Rodster

    “there have always been a few people that have accused me of “PROFITING” from fear. That frustrates me, because what I am actually doing is the exact opposite of that.”

    There fixed

    • Guest

      Why shouldn’t Michael be compensated for his work? Do you work for free? I wish I were smart enough to make a living online. Then I wouldn’t have to deal with coworkers and the stress of my job.

  • Gnostic

    VIRTUAL 9-11: Will the US & Israel Hack The US Banking System Computers and Falsely Blame It On Iran (or Syria or Russia or China)?

    Read more:

  • Gnostic

    I hope they do it before my rent is due. 5 oz silver/1 month rent?

  • Reverend Galileo

    WE are the “God” we are waiting for. No more time left to “wait.” Either we become the masters of our own lives or we will meet our demise. Knowledge is power.

  • mark s mann

    The economic collapse is NOT “Coming”….It already happened. We have 1 in 5 people being sustained by government assistance programs. That’s at least 20% of the population. Real unemployment is double digits. Just because we don’t have 50% + unemployment and hyperinflation does not mean a “collapse” has not occurred.

    • Gnostic

      Very true Mark, we are just waiting for the announcement, much like we are already in WW3.

    • Ed_B

      My thought is that an economic collapse, like many great moments in history, is not an event but a process that works its way out over time. They say that Rome was not built in a day but neither did it collapse in a day. It took time. Quite a lot of time, actually. So will the US collapse, IMO. Yes, there will be events within the process that occur quickly and some will be tempted to call these events “the collapse”. But, make no mistake, there are MANY contributing factors in the coming collapse and the fact that we cannot nail its “arrival” down to a specific moment in time does not mean that it is not happening. Additionally, like all collapses, a rebirth is likely to occur soon after… and birth is ALWAYS a difficult process that involves great pain but also great reward.

  • Fran

    To SGT Report, no one seems to be talking about the obvious.
    Here the Senate and Congress pass a budget that lasts until Sept 2015. The chatter is, oh boner and the rinos are traitors, etc.
    But historically, in the last 6 years, the budget only went month to month at this time every year and finally they got something together, even when the lefties tried to make a budget.
    Here a budget is made, and historically, it has always been delayed, yet here they got together and pushed it thru, no obola got some money for obolacare, and the IRS got cut, it was a mediocre budget where everyone got something of what they wanted, but no great change.
    Why? In 30 days, the conservative control the house and senate, they can easily get what they want. So, Why??? The obvious, Why? The only reason I can think of is, that these people know that a collapse is emminent, and that their plans are to hi tail it out of here. And with a budget passed, it can all seem hunky dory, because money is allotted, but in reality, the collapse will be here soon.
    So, what about this talk of Nibiru…… It seems actual photos are coming out daily, and more people are geting into the picture. Yes, the hacks and disinformation specialists are out there in full force, but there are photos, and they look real, so, if all this is the case, we should be seeing this Nibiru all by ourselves up in the sky, in another few weeks.
    And thus, now the extreme storms, the multi earth quakes and the highest amount of volcanos that we have ever had in history.
    The OBVIOUS, they passed the budget so that these traitors could high tail it out of here, Something is coming down and it is going to shut down the government.

  • Scott

    1200 articles about the same damn issue….Collapse, is in my opinion fear mongering! WTF already, we know the USA is slowly becoming a cess pool. This slow death could take many many decades to unfold. The effects (and fear) of the past two decades alone is enough to drive any decent human being insane: Y2K scare, DotCom bust, Sept. 11th, Lehman Brothers bankruptcy, The Mortgage crash, Terriorism and the boogeyman around every corner. Frankly I’m emotionally fatigued by all this and would welcome a gamma ray burst!! Drink up!

  • Rancher

    One sure way to bring around the collapse of this house of cards nation of ours is…. a well planned and executed cyber attack from countless locations domestic, out of country, other nations, from old camouflaged ocean going fishing boata, submarines, airplanes etc, to shut down, then self imp-load our national grid. We do not have the parts to rebuild it, nuke plants would go hot, public utilities would shut down, cell towers would die off, water supplies would collapse, security systems would collapse and once that became known massive riots and stealing would begin.

    Our entire way of consumerism would crash and what we based our economic strengths on would cease. Do it in the very coldest of winter cold snaps dropping down across our nation and the effects would be ruinious. Repair crews would never be able to get around and what could they do…so the devestating effects would go un-checked all winter and the spring would reveal a massive die off with years of slow regional rebuilding. I sense some areas would be so radio active nothing would ever live there again. The center and eastern part of this nation with so many nuke reactors and highly dependent population densities would suffer the most.

    The bright side is living out west in the northern Rockies west side would be protected by the jet stream so Michael and myself would be OK. Thing is I do not know what else he could write about. Me…. I am independently wealthy so I do not need to work 🙂

    • NaySayer

      The Northern Rockies sounds good until you realize it is way too close to the supervolcano under Yellowstone park.

      That supervolcano is due to blow about now and I wouldn’t want to be that close to it.

  • chairmanwow

    Are any other site users here experiencing rapid redirects from c mobpartners ?

  • Anon

    The economy MAY be the LEAST of our concerns: Go here:

    U.S. Population in 2013? 316 Million
    U.S. Population in 2025? 69 Million projected.

    A reduction of fully 247 Million. Question: Is that a typo? Or, is there something “they” know, that we do NOT know?

    Source: Episode 187 of Caravan to Midnight

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