It's true, that I miscalculated some things before the so-called "Y2K" -- happening, year 2000.... but I didn't lose much money and made good use of the things I bought and invested in, such as toilet paper and Beef Stew, etc. The smart guys at work with me at Chrysler in Kenosha, WI., pretty much fell into the same category. I changed my investments long before the "dot com" "Tech Stocks" got whacked in the Market, and also came out of that smelling pretty, and landing on my two feet, like a cat. I am not saying that I am super smart, but I had a fine, well studied back ground in Investments and Finance, also being Federally Security Licensed, with PFS Investments. Right now, things are a bit different because we can match bible prophecy with current world events, as 'one hand washes the other.' So, I thank the Lord God, that I am doing well, IMHO, and making new friends every week, paying my bills, giving some to the new church, with a few new folks that actually care for me and help me. And I am also interested in helping others and building bridges.
The web site below that I have 'cut and pasted' shows how deceptive our current Gov't and Administration IS !! And we just cannot be advancing and doing well as a Nation, when our super DEBT and economy is tanking --- in a 'death spiral.' We are like a 'shot up aircraft doing a slow burn, on the way down to crash and burn.' Time to 'bail out, and hit the silk.' Parachute ! The very first thing a person needs, is to evaluate and make a list to Prioritize ! What do we need the most to survive --- if the economy tanks/ capsizes ? Food, Shelter, Clothing, clean water, and something to protect your goods and family.... to start with. This is when the KNOWLEDGE OF REAL, PURE HISTORY is so important. Just ask yourself: "What has already happened to other countries who have gone bankrupt and have to start all over again? Well, what happens to a married couple, or single person who is forced to go bankrupt ? I can tell you; There is a lot of emotional and physical pain and embarrassment.... to face [or hide from] all your 'so-called friends', neighbors and relatives and you lose many things that you once loved and cherished. But there is also an important "education" of LIFE's realities concerning the priorities of one's life, and life style !! It's not all that fun, and too many tears and hard lessons will visit you and your loved ones. I have been though some very rough times in my life, and that has really, honestly shaped the way I think and act, forever ! ! Because you don't ever want to repeat that kind of mistake again in your LIFE ! Proverbs 26: 11, "As a dog returneth to his vomit, so a fool returneth to his folly." And so, when you rebuild your life again from the ashes, you pick out things you buy and invest in with a new, measured kind of wisdom...'needs instead of wants.' And perhaps you are not so generous to others anymore, unless the Holy Spirit moves you to help them. But you have a lot more discretion in the future, and you learn how to 'judge people' because you now have a new found "instinct" and fore knowledge about human 'Character.'
When you are with the 'wrong kind of woman' who doesn't even know or care anything about the Bible or true Christianity, it's like pulling with all your strength AGAINST a strong team of work / draft horses... the opposite way, and you get no where. Proverbs 25: 24, "It is better to dwell in the corner of a housetop, then with a brawling woman and in a wide house." Stupid as it seems, many people just cannot figure out that you have to have money in the checking account BEFORE you can write out checks, and pay the bills ! ! And some women and wives think that they should have the same good lifestyle that they had with their parents, without thinking that it took their parents most of their lives to get and buy all the furniture, house, property and new cars !! Pride is NOT a good thing to have, nor is a nagging wife who is never there for her husband, unless she is looking for another hand out. And some women won't even have sex with their husbands unless they get some money FIRST ! Proverbs 27: 20 says, "Hell and destruction are never full, so the eyes of a man are never satisfied."
Well, everything comes out in the wash at the end of the cycle... LOL. And I guess that total INDEPENDENCE is much more important that trying to live with a husband who wants to travel the road outlined by the KJV Bible as best he can. Ha! It used to be my job to sit at the kitchen table and teach a married couple all kinds of neat things to learn about good Finance, saving and investing money/ wealth, and freeing up money the couple never knew they had ! That gave me a good feeling inside, almost like sharing the Gospel with them.
Well, I don't pretend to know it all, and admit that I have a long way to go -- learning all the right stuff, and not being too rigid and myopic. I try to be open minded, but we all are set in our ways to some extent. The Bible is my guide, and Jesus is my Lord and Savior. PTL.
We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like. (Read More....)
The biggest and most important bank in the biggest and most important country in Europe continues to implode right in front of our eyes. If you follow my work regularly, you probably already know that I issued a major alarm about Deutsche Bank last September. Subsequently, Deutsche Bank stock hit an all-time low. Then I sounded the alarm about Deutsche Bank again back in May, and once again that was followed by another all-time low for Deutsche Bank. And then I warned about Deutsche Bank again in early June, and you can probably imagine what happened after that. Over the past year, this German banking giant has literally been coming apart at the seams, and in so many ways it is paralleling exactly what happened to Lehman Brothers back in 2008. (Read More....)
Terror attacks and mass killings are happening so rapidly now that it is really difficult to keep up with them all. In fact, as you will see below, so far there have been several this week alone. This latest attack in France during which radical Islamic terrorists slit the throat of a Catholic priest was particularly disturbing. Just a few days ago I warned that churches in the western world would be targeted, and now it is happening. According to thereligionofpeace.com, there have been 1274 Islamic terror attacks in 2016. These attacks have been spread across 50 different nations, and as a result of these attacks more than 11,000 people have been killed and more than 14,000 people have been injured. When are we going to finally wake up and understand how serious this threat really is? (Read More....)
Michael Moore is a radical leftist that is trying to destroy everything that America once stood for, but for once he is making sense. In his recent article entitled “5 Reasons Why Trump Will Win“, he makes a compelling case for why Donald Trump could win the election in November. I can’t remember the last time I actually agreed with Michael Moore about something, but in this instance I do. The American people are very angry and very frustrated, and they want someone that is going to shake things up in Washington. Needless to say, that is not going to be Hillary Clinton. According to Real Clear Politics, Trump has won five of the last six major national polls, and top Democrats are starting to understand that they could actually lose to the New York billionaire. (Read More....)
The big credit card companies don’t make much money off of those that pay their bills on time, and so they often specifically target less educated and less sophisticated consumers that don’t really understand the dangers of credit card debt. The goal is to find people that will carry credit card balances from month to month, because that is where the real money can be made. The average U.S. household that carries balances from month to month has approximately $15,310 in credit card debt right now. At an average interest rate of about 15 percent, the profits pile up very quickly for the big credit card companies. After all these years, so many of us still have not learned the truth about credit cards, and so credit card debt is absolutely crippling tens of millions of American families. (Read More....)
America is in decline. There are some that still attempt to deny this, but the reason why Donald Trump’s campaign slogan has so strongly resonated with the American people is because deep inside most of us realize that America is not as great as it used to be. Our economy is a mess, we are 19 trillion dollars in debt, our infrastructure is crumbling, crime is on the rise, moral decay is all around us, other countries don’t respect us as much anymore, and our nation is the most divided that it has been in decades. Anyone that believes that America is better than it has ever been in 2016 is either completely delusional or simply has not been paying attention. (Read More....)
Barack Obama’s “friend” in Turkey is a deeply corrupt radical Islamist dictator that has just staged a coup to consolidate his grip on power. As I have reported previously, 1,845 “journalists, writers and critics” have been arrested for “insulting” President Erdogan over just the past two years, and a couple of years ago he had a monstrous 1,100 room presidential palace built for himself that is 30 times larger than the White House. With each passing day, more evidence emerges which seems to indicate that the recent “coup” was a staged event meant to enable Erdogan and his allies to eliminate their enemies and solidify their stranglehold over the nation. At this point the number of victims of “Erdogan’s purge” has hit 50,000, but the final number will not be known for quite some time. (Read More....)
| Copyright © 2016 The Economic Collapse - May all of you be blessed with good work, health and peace - If you came here looking for hope, you just found it. The materials on this site are for educational purposes only. Please consult a licensed financial professional before making investment decisions.|
Powered by WordPress