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11,604 bytes removed, 15 June
/* Economic collapse */
*[ Wealth distribution in the developed world]
== Economic collapse ==
*[ Vox Day on the economy]
*[ The Return Of The Great Depression] - Vox Day and Sean Hannity
Resources on how to prepare:
*America 2020: The Survival Blueprint, Updated Edition[][][]
*[ Ron Paul Last WARNING for America !]
*[ Ron Paul's warning]
Hard core survivalist material:
*[ How to Survive the End of the World as We Know It: Tactics, Techniques, and Technologies for Uncertain Times]
*[*Version*=1&*entries*=0 The Prepper's Guide to Surviving the End of the World, as We Know It: Gear, Skills, and Related Know-How]
Other info:
*[ News related to an economic collapse predicted by various Austrian economists and investors/economists who have Austrian economics leanings]
*[ Correct Predictions by the Austrian Economists]
*[ Austrian predictions].
*[ How to Survive the End of the World as We Know It: Tactics, Techniques, and Technologies for Uncertain Times] by James Wesley Rawles
Vox Day indicates that debt fueled GDP growth will ultimately lead to a [[Great Depression]] 2.0 that will last for a decade or more.[][]
Vox Day predicts an economic collapse in 2033.[]
Vox Day was one of the few that predicted the 2007 financial crisis. [[Gerald Celente]] argues that debt and a reduced productive capacity will also lead to a severe economic depression. Austrian economists are generally better at predicting recessions/depressions due to financial bubbles bursting which are the result of governmental policies or other factors.[]
Predicting when the Great Depression 2.0 in the short term is very difficult due to the band aids the central banks are putting on the Western economies. Jim Rogers is an excellent investor but lousy trader and often financial analysts have problems predicting the short term.
Historical guide of when a big downturn will hit by Jeremy Grantham: "We do think the market is going to go higher because the Fed hasn't ended its game, and it won't stop playing until we are in old-fashioned bubble territory and it bursts, which usually happens at two standard deviations from the market's mean. That would take us to 2,350 on the S&P 500, or roughly 25% from where we are now."[] Grantham predicts 7 years of negative returns for the stock market once the bubble burst.[]
*[ This is a bubble and it will burst] - No underlying value being created and it is just quantitative easing distortion of the market
*[^gspc+interactive S&P 500 chart]
If stock market gets out of its current stall, based on recent anemic growth of S&P 500, an economic crash could happen in the first/second quarter of 2015. Americans are dispirited though and ObamaCare isn't going to make things any better so downturn could happen in 2014 (Even Soros is betting against the S&P 500 and is exercising put options.[][]).
Predicting a market crash by the consensus opinion is foolhardy and you will never see it coming. [] 2014 will see a lot of volatility.[]
Hedging your bets in case of a stock market crash.[]
=== When countries go bankrupt ===
*[ When countries go bankrupt]
==== Is the USA bankrupt and postponing the inevitable? ====
*[ Is American bankrupt?]
==== U.S. Debt crisis ====
*[ The US debt crisis that will never happen]
==== The problem with over printing money ====
*[ The problem with over printing money]
=== Economic effects of war ===
*[ Economic effects of war]
=== Economic collapse and related ===
*[ US government intelligence agencies see possible economic collapse, resource wars, the potential fall of America by 2030]
US federal govt debt as a percentage of GDP:
*[ America will Collapse - Jim Rogers,Gerald Celente,Max Wolf,David Walker,David Vickers,Jack Cafferty]
*Expected Congressional gridlock and Federal Reserve Quantitative Easing policy will not work and stock market could take an abrupt downturn in about 6 months or less.[][][]
Effects of global financial collapse:
*[ The greatest financial collapse in history]
*[ Expert Explains In Detail How The Next Shock Will Shatter The Global Economy]
*[ Club Orlav]
*[ Peak empire]
*[ Free advice] - economist Robert Murphy's blog
*[ The 5 stages of collapse]
*[ Stages of collapse revised]
*[ A black hole of debt]
*[ U.S. commercial property recovery spares economy]
*[ Are The Wild Teacher Protests In Wisconsin A Prelude To The Economic Riots That Are Coming Soon To America?]
Potential economic collapse:
*[ Aftershock survival summit - video]
*[ Aftershock survival summit - order]
*[ Elevation Group]
*[ Some 2011 Economic collapse scenarios]
*[ Beck: Economic dominoes]
*[ Beck: Mr. Doom and Gloom]
*[ 27 facts about the US economy]
*50 facts every American should know about the U.S. economy heading in a downward spiral.[]
*20 questions to ask someone who believes the U.S. financial crises is over.[]
*[ How the middle class is shrinking]
*[ Shrinking middle class in America]
=== Comparison of current crises to the 17 century economic problems ===
'''The leading investment expert Harry Schultz writes:''' “Roughly speaking, the mess we are in is the worst since 17th century financial collapse. Comparisons with the 1930’s are ludicrous. We’ve gone far beyond that. And, alas, the courage & political will to recognize the mess & act wisely to reverse gears, is absent in U.S. leadership, where the problems were hatched & where the rot is by far the deepest.”[]
Some articles on the 17th century "General Crises" can be read [ HERE] and [ HERE] and [ HERE]
=== Recessions after fiscal crises take much longer to recover historically ===
*[ Recessions after fiscal crises take much longer to recover historically - Keynesian economics source]
*[ Recessions after fiscal crises - Free markets source]
=== Eurocrises ===
*[ The eurozone crisis explained in 5 simple graphs]
*[ Germany and the birthrate problem]
*[ What's really behind Europe's decline? It's the birthrates - Forbes]
=== Oil ===
*[ Post oil - CSM]
== Recession/depression proof businesses/jobs ==