Economic collapse, News

4 signs the US is very close to a major economic collapse

America-Future-–-The-Worst-Economic-Collapse-Ever-–-Prepare-2014

 

Economic turbulence has been the new normal in the world economy for the last several years, and despite what US mainstream news would have you believe, America is no outsider to this. In fact, we will likely end up being one of the countries hardest hit by the ongoing global economic reset. There are many signs of the USA’s impending financial and economic turmoil, and these are just a few:

1. High demand for physical precious metals is starting to cause a break from paper markets by way of sky-rocketing premiums

Zero Hedge: Robust demand causing delays and rising premiums: http://www.zerohedge.com/news/2015-09-18/gold-and-silver-bullion-demand-very-robust-delays-and-premiums-rising-0

Gold Core: Premiums rise and delivery delays increase: http://www.goldcore.com/us/gold-blog/premiums-rise-and-delivery-delays-increase-on-silver-coins-and-bars/

SGT Report: Unprecedented Demand: https://www.youtube.com/watch?v=F7woy5l2TAY

 

2. Outrageous number of Americans not counted in labor force 

Breitbart: Record number not in labor force: http://www.breitbart.com/big-government/2015/10/02/record-94610000-americans-not-labor-force/

Money GPS: Unemployment hits 5% while 95 million not in labor force: https://www.youtube.com/watch?v=hFyNFeW6-LA

SHTF Plan: Unemployment compared to the Great Depression: http://www.shtfplan.com/headline-news/the-shocking-reality-this-chart-shows-just-how-bad-unemployment-is-today-compared-to-the-great-depression_10032015

 

3. More and more major organizations and entities are admitting the global economy is in serious trouble

The Economic Collapse Blog: http://theeconomiccollapseblog.com/archives/why-are-the-imf-the-un-the-bis-and-citibank-all-warning-that-an-economic-crisis-could-be-imminent

The Guardian: IMF warns of increased risk of financial crash: http://www.theguardian.com/business/2015/oct/07/risk-global-financial-crash-increased-imf-emerging-economies-eurozone-stability-report

USA Today: Billionaire Icahn warns of economic danger: http://www.usatoday.com/videos/money/markets/2015/09/28/72961074/

Bloomberg: Norway PM warns of threat of currency instability: http://www.bloomberg.com/news/articles/2015-10-03/weak-norwegian-krone-only-offers-short-term-help-solberg-says

 

4. The US dollar is quickly losing its dominance as the global reserve currency

Peter Shiff: China calls for new Global reserve currency: http://schiffgold.com/key-gold-news/china-calls-for-new-global-reserve-currency-to-replace-dollar/?utm_medium=social&utm_source=facebook&utm_campaign=gold-news

Wealth Watchman: The Chinese Yuan just got an enormous nitr-boost: https://www.youtube.com/watch?v=zVH8ikpyl58

AMTV: US dollar to lose reserve currency status within 2 years:

Author Since: Aug 14, 2014

The Lord Humungus rules the wasteland