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A frequent mistake that many people make when considering the concept of social or economic collapse is to imagine how people and groups will behave tomorrow based on how people behave today. It is, though, extremely difficult to predict human behavior in the face of terminal chaos. What we might expect, or what Hollywood fantasy might showcase for entertainment purposes, may not be what actually happens when society breaks down.

It is also important to note that social and economic destabilization is usually a process, not an immediate event. This actually works in the favor of liberty activists and the preparedness minded. As a system moves through the stages of a breakdown, certain signals in the psychology of the population can be observed, and this gives us a warning as to how far down the rabbit hole we have actually gone.

Except in the case of a nuclear or EMP (electromagnetic pulse) event (which unfortunately are concerns because of the powder keg situation in Syria), vigilant liberty proponents could have considerably more time than the average person to preposition themselves safely. That said, there will be a host of expanding problems of a psychological nature we will have to deal with before, during and after the final leg down in the unfolding mess that internationalists often refer to as the “great global reset.”

The following list is based on social behavior patterns commonly seen during systemic crashes through modern history (the past 100 years). These are some of the stupid things people do as they begin to realize, at least subconsciously, that a SHTF scenario is in progress.

…click on the above link to read the rest of the article…

This Is How Government Dealt With Dissent And Revolt In Collapsing Venezuela – “Soldiers Shooting Civilians In The Streets, Paramilitaries Roaming Neighborhoods”

February 27, 2016

This Is How Government Dealt With Dissent And Revolt In Collapsing Venezuela – “Soldiers Shooting Civilians In The Streets, Paramilitaries Roaming Neighborhoods”

Editor’ Note: The initial report about this incident was printed in error. While the videos and images below were believed to be recently recorded, several readers contacted us to report that these incidents occurred in February 2014 and not February 2016.

We have modified portions of this article but have left the majority of this report intact. In terms of possible responses and consequences of economic collapse in the United States, Europe and elsewhere, the events in Venezuela could happen anywhere when governments lose control of the populace.

Venezuela is in complete chaos as a result of their economic collapse.

And as a result, state-rationed food and groceries have run out, prices are hyper-inflated and millions of people are waiting in huge lines for any goods that are available. Black markets have gone boom, with neighbors making necessities available to other neighbors, but they must avoid crackdown from a jealous State that is desperate to hang onto power.

The free-fall of oil prices on the global stage has snapped the South American socialist nation into sudden and harsh disaster. Venezuela has slightly more oil than Saudi Arabia, and trades the second largest volume, after OPEC, and was even more vulnerable than Russia to the economic warfare that has taken place in the last few years.

Things are very bad now, and they were already falling apart. Nicolas Maduro took over after Hugo Chavez’ death in 2013, but without the force of Chavez’ cult of personality, he has been unable to hold an already unrealistic economy together any longer – and the people are on the verge of complete revolt.

*Editor’s Note: The following reports were taken in 2014 but are as relevant to the conversation today as they were then*

…click on the above link to read the rest of the article…

Think Another Crash Is “Impossible”? Think Again

February 19, 2016

Think Another Crash Is “Impossible”? Think Again

The confidence that risk can be quantified and mitigated is misplaced.

If there are limits on what we can know of the future–and clearly there are–this sets limits on our ability to quantify and mitigate risk. Longtime correspondent Lew G. submitted this thought-provoking riff on the system’s intrinsic capacity for cascading decisions (for example, selling everything not nailed down) that upend our understanding of risk.

Here is Lew’s commentary on risk:

There is a tradeoff of importance, detail and distance into the future, sort of a Heisenberg’s uncertainty principle. The cost of certainty and detail at any future time goes up as the economic importance goes up because so many more people are trying to understand and control that small part of the future. This introduces more variables and more uncertainty because many of those variables will be linked in unknown ways. (emphasis added by CHS)

Estimating risk is inherently a matter of dealing with those links. The number of paths through a net which must be evaluated to determine risk is exponential, as cascades can start from anywhere and rapidly take down connected nodes in the network.

One would expect that a bank’s internal risk analysis programs will try to do some of this, but they can only know the bank’s point of view, not the exposure of any other financial nodes in the network, or the fantasy level of their accounting.

Because everyone is super-optimistic in a boom, crashes are inevitable, and the size of the crash is proportional to the fuzz/misinformation in information flows, e.g. mark-to-fantasy entries in banks’ assets, details of all the outstanding derivatives, swaps and contracts, etc.

…click on the above link to read the rest of the article…

Venezuela Is Out of Food: Here’s What an Economic Collapse Really Looks Like

February 13, 2016

Venezuela Is Out of Food: Here’s What an Economic Collapse Really Looks Like

Venezuela is out of food.

After several years of long lines, rationing, and shortages, the socialist country does not have enough food to feed its population, and the opposition government has declared a “nutritional emergency.” This is just the most recent nail in the beleaguered country’s slow, painful economic collapse.

Many people expect an economic collapse to be shocking, instant, and dramatic, but really, it’s far more gradual than that. It looks like empty shelves, long lines, desperate government officials trying to cover their tushes, and hungry people. For the past two years, I’ve been following the situation in Venezuela as each shocking event has unfolded. Americans who feel that our country would be better served by a socialist government would be wise to take note of this timeline of the collapse.

A quick review: Why Venezuela Is Out of Food

In 2013, many began to suspect that the outlook for Venezuela was grim when prepping became illegal. The Attorney General of Venezuela, Luisa Ortega Díaz, called on prosecutors to target people who are “hoarding” basic staples with serious sanctions.

Shortly thereafter, grocery stores instituted a fingerprint registry to purchase food and supplies. Families had to register and were allotted a certain amount of supplies to prevent “hoarding.”

Then, just over a year ago, it became even more apparent that the country was falling. when long lines for basic necessities such as laundry soap, diapers, and food became the norm rather than the exception. Thousands of people were standing in line for 5-6 hours in the hopes that they would be able to purchase a few much-needed items.

…click on the above link to read the rest of the article…

Brandon Smith: The Controlled Demolition of Our Economy

February 12, 2016

Brandon Smith: The Controlled Demolition of Our Economy

People need to ask an important question – Why would the Fed hike interest rates in the first place when no one ask them to do it? Why would they do that? ~Brandon Smith, The Daily Coin

I wanted to sit down with Brandon Smith, Alt-Market, for a very specific reason. Brandon is one of very few people that stuck to his analysis and said the Federal Reserve would in fact raise interest rates in December 2015. Not only did he say that the interest rate rise would happen, he predicted almost the exact date. Brandon made this prediction in August 2015 based on his analysis of what the global banksters have published, have said publicly and proven time and again through their actions they do what they say when they say they are going to do it.

This was an important interest rate adjustment, at a very important time. Our world is floating on an ocean of debt. The global economy is either in a recession or full blown depression. It is not in recovery nor will it be in recovery ever again. The dollars days are numbered and the American economic and financial systems days are numbered. Are you prepared for the transition into a new currency, a new economic system and a new way of life?

This is not me being overly dramatic. If you have been following “alternative” news, the liberty movement and preparedness news, this is exactly what we have been discussing for the past several years. It is here and it is happening right now. Are you prepared for a new way of life? Are you prepared for widespread panic, widespread civil unrest and widespread rioting in your neighborhood?

…click on the above link to read the rest of the article…

When The Economy Collapses The Government Will Implode : “The Support Mechanisms On Which We Depend Will Break Down”

February 1, 2016

When The Economy Collapses The Government Will Implode : “The Support Mechanisms On Which We Depend Will Break Down”

For twenty years Micheal Rivero of What Really Happened has been exposing the lies and corruption emanating from the Federal government, Wall street bankers, and big business.

In his latest interview with Crush The Street he sounds one of his most dire warnings yet:

“When the economy implodes here in the United States it’s probably going to take the Federal government with it.”

The implications, as Rivero notes in the following must-see video, are such that the entire system upon which we depend for essential services will completely fall apart. That means access to food, basic supplies and even your bank account will become next to impossible:

(Watch at Youtube)

The Federal government has become trapped by its own web of mendacity. They have been lying to the American people so long they have to go on lying.

They can’t stand up there and say “Alright, you caught us… we lied about the economy, we lied about the true scale of unemployment, we lied about 9/11, we lied about torpedoes in the Gulf of Tonkin, we lied about the assassination of John F. Kennedy… because the first time they admit openly that they’ve lied to the American people, the entire web of deceptions going back the last century is going to unravel completely and the government will fall.

While a nearly unfathomable thought for most Americans, a complete breakdown of the Federal government and the services tens of millions of Americans depend on is a real possibility and one that has been proven time and again throughout history, especially during times of economic, financial and monetary disruption.

Rivero urges vigilance and contingency planning because like we saw when the Soviet Union fell, such a breakdown could last many months:

…click on the above link to read the rest of the article…

Every Economic Indicator Says We Are In Economic Free Fall

January 26, 2016

Every Economic Indicator Says We Are In Economic Free Fall

Things are much worse that they appear. We are entering a time of unparalleled peril. Economic collapse is here and is underway in many parts of the economy.

“Europe is on the verge of collapse”
George Soros

Look who Soros, the architect of national destruction supports for President.

The architect of the Arab Spring has made a stunning proclamation. In an exclusive interview with a German magazine, George Soros recently stated that the European Union will soon be no more. The EU is imploding before our very eyes. This proclamation comes on the heels of Germany’s answer to President Obama, Angela Merkel, correctly predicted that the EU would be crushed under the weight of Middle Eastern immigration. Merkel, at the same time, has declared de facto martial law in Germany.

In Germany, people have been evicted from their apartments to make way for the rush of immigrants. In Germany, if people speak out against Muslim immigration on venues, like Facebook, they are subject to fines and arrest.

In contrast, in the United States, Attorney General, Loretta Lynch told journalists from the Independent Media that they would be subject to fines and arrest for discussing Muslim extremism one day after the San Bernardino massacre. As Steve Quayle says, we might have defeated Germany in World War II, but the reality is that the Nazi’s now run both countries, and they are running both countries into the ground.

This is the face of a domestic terrorist. She will jail all talk show hosts who speak out against Muslim extremism in the form of ISIS coming into the U.S and carry out acts of terror (eg San Bernardino), but she won’t prosecute those who make threats against Presidential Candidates who are not in line with her version of unscreened Muslim immigrants being let into the country.

…click on the above link to read the rest of the article…

The U.S. Is At The Center Of The Global Economic Meltdown

January 20, 2016

The U.S. Is At The Center Of The Global Economic Meltdown

While the economic implosion progresses this year, there will be considerable misdirection and disinformation as to the true nature of what is taking place. As I have outlined in the past, the masses were so ill informed by the mainstream media during the Great Depression that most people had no idea they were actually in the midst of an “official” depression until years after it began. The chorus of economic journalists of the day made sure to argue consistently that recovery was “right around the corner.” Our current depression has been no different, but something is about to change.

Unlike the Great Depression, social crisis will eventually eclipse economic crisis in the U.S. That is to say, our society today is so unequipped to deal with a financial collapse that the event will inevitably trigger cultural upheaval and violent internal conflict. In the 1930s, nearly 50% of the American population was rural. Farmers made up 21% of the labor force. Today, only 20% of the population is rural. Less than 2% work in farming and agriculture. That’s a rather dramatic shift from a more independent and knowledgeable land-utilizing society to a far more helpless and hapless consumer-based system.

What’s the bottom line? About 80% of the current population in the U.S. is more than likely inexperienced in any meaningful form of food production and self-reliance.

The rationale for lying to the public is certainly there. Economic and political officials could argue that to reveal the truth of our fiscal situation would result in utter panic and immediate social breakdown. When 80% of the citizenry is completely unprepared for a decline in the mainstream grid, a loss of savings through falling equities and a loss of buying power through currency destruction, their first response to such dangers would be predictably uncivilized.

…click on the above link to read the rest of the article…

2016 Economic Predictions: Year of the Epocalypse

January 13, 2016

2016 Economic Predictions: Year of the Epocalypse

Afe tower demolition as symbol of economic collapse

An economic apocalypse upon us. My 2016 economic predictions provide the full explanation as to why 2016 will be the year of the Epocalypse — a word that encompasses the roots “economic, epoch, collapse” and “apocalypse.” I needed a word big enough to describe all that is about to befall the world in 2016. When you see the towering forces that are prevailing against failing global economic architecture and the pit of debt beneath that structure, as laid out here, I think you’ll recognize that the Epocalypse is here, and it is everywhere. The Great Collapse has already begun.

What follows are the megatrends that will increasingly gang up in the first part of 2016 to stomp the deeply flawed global economy down into its own hole of debt. The economic collapse that is already developing includes the US economy and the US stock market that is now collapsing from the external forces and internal vacuum that I’ve been writing about for a few years here.

Nations deep in the hole

Fire in the hole. Brazil is already burning and has been declared by Bank of America and others to be in a recession deeper than the Great Depression — its worst since 1901. Brazil is struggling to combat runaway inflation at the same time. That’s is an impossible combination to battle.

It ain’t Zimbabwe yet, but it’s looking like a place where Mugabe might want to run for president. Only a couple of years ago, Brazil was a nation of rising glory — the shining light of South America, one of the brightest of emerging markets. Now, as the US starts raising interest, its problems will grow worse as its debt, in a time of deep national crisis, is made impossible to manage.

…click on the above link to read the rest of the article…

2016 Is “Terminal Phase of Most Destructive Ponzi Scheme” in History

December 30, 2015

2016 Is “Terminal Phase of Most Destructive Ponzi Scheme” in History

This article was written by SGT and was first published at SGTreport.com.

Editor’s Comment: Most anyone who follows the economic news already knows that the signs of collapse are all over the wall, but what numbers and statistics on paper can’t convey is the pain that ordinary people are going to feel as a result of the financial decisions being made by central banks, and the actions being taken by indifferent Wall Street players.

The consequences of the 2008 economic collapse have been bad enough, though for the most part they have been subtle and hidden from view. However, the next round may well be bad enough that no one can turn away from the suffering and displacement that more economic chaos will bring. It is obvious enough who has sown the next wave, and even more plain to see who will be paying the price.

2016 Will Be Economically Devastating For Millions of Americans

by SGT Report

As Andy Hoffman from Miles Franklin recently noted there isn’t enough time in a day to cover the runaway train, snowballing avalanche, out-of-control pandemic that is the “terminal phase” of history’s largest, most destructive fiat Ponzi scheme. But we’ll try in this 2015 recap as 2016 comes barreling at us like a freight train Andy says, it will be an economically devastating year for millions of Americans.

37 Facts About How Cruel This Economy Has Been To Millions Of Desperate American Families

December 23, 2015

37 Facts About How Cruel This Economy Has Been To Millions Of Desperate American Families

Have you ever laid in bed awake at night with a knot in your stomach because you didn’t know how your family was possibly going to make it through the next month financially? Have you ever felt the desperation of not being able to provide the basic necessities for your family even though you tried as hard as you could? All over America tonight, there are millions of desperate families that are being ripped apart by this economy. There aren’t nearly enough jobs, and millions of Americans that actually do have jobs aren’t making enough to even provide the basics for their families.

When you have tried everything that you can think of and nothing works, it can be absolutely soul crushing. Today, one of my regular readers explained that he was not going to be online for a while because his power had been turned off. He has been out of work for quite a while, and eventually the money runs out. Have you ever been there? If you have ever experienced that moment, you know that it stays with you for the rest of your life. If you are single that is bad enough, but when you have to look into the eyes of your children and explain to them why there won’t be any dinner tonight or why they have to move into a homeless shelter it can feel like someone has driven a stake into your heart. In this article you will find a lot of very shocking economic statistics. But please remember that behind each statistic are the tragic stories of millions of desperately hurting American families.

…click on the above link to read the rest of the article…

The Federal Reserve Is Engineering The Economic Collapse: Peter Schiff

December 15, 2015

The Federal Reserve Is Engineering The Economic Collapse: Peter Schiff

Epocalypse Soon: The Great Economic Collapse is Happening

December 15, 2015

Epocalypse Soon: The Great Economic Collapse is Happening

I use the term “epocalypse” to name the last days of the global economy as we know it — a global economic collapse of biblical proportion. It is economic, epochal, an apocalypse that will change the world and a collapse … all in one word that sounds the right size for what I’m talking about. Call it the “Great Collapse” or the “Epocalypse.” Whatever you call it, it’s about to change the world.

I am referring to an economic crisis so big that the global economy will be forever different after those days. This economic collapse has already begun throughout the world, but I am holding off on using the title “Epocalypse Now” until the US stock market joins the crash. That’s the point at which we’re all in (i.e., at a level where everyone knows it and denial that it is happening falls apart). I anticipate making that call in a matter of days now. Here is where we stand at present:

Economic collapse is already global

Open your eyes to a wider scope than just the US stock market, and it’s as if a fog lifts all around you to reveal a war-ravaged landscape. It may not be like the landscape described in the New Testament book, The Apocalypse (The Revelation), but it’s moving in that kind of direction. Let me describe what is already unfolding in case you haven’t caught the big picture.

The energy crash is certain to worsen. The news last week that OPEC is not going to lower output, makes it clear that OPEC is in the energy price war for the duration. Driven by the Saudis, OPEC nations will assure oversupply until they see several major oil companies in the US collapse.

…click on the above link to read the rest of the article…

This Is What A Financial Crisis Looks Like

December 15, 2015

This Is What A Financial Crisis Looks Like

Just within the past few days, three major high yield funds have completely imploded, and panic is spreading rapidly on Wall Street. Funds run by Third Avenue Management and Stone Lion Capital Partners have suspended payments to investors, and a fund run by Lucidus Capital Partners has liquidated its entire portfolio. We are witnessing a race for the exits unlike anything that we have seen since the great financial crash of 2008, and many of those that choose to hesitate are going to end up getting totally wiped out. In case you are wondering, this is what a financial crisis looks like. In 2008, other global stock markets started to tumble, then junk bonds began to crash, and finally U.S. stocks followed. The exact same pattern is playing out again, and the carnage that we have seen so far is just the tip of the iceberg.

Since the end of 2009, a high yield bond ETF that I watch very closely known as JNK has been trading in a range between 36 and 42. I have been waiting all this time for it to dip below 35, because I knew that would be a sign that the next major financial crisis was imminent.

In September, it closed as low as 35.33 at one point, but that was not the signal that I was looking for. Finally, early last week JNK broke below 35 for the very first time since the last financial crisis, and since then it has just kept on falling. As I write this, JNK has plummeted all the way to 33.42, and Bloomberg is reporting that many bond managers “are predicting more carnage for high-yield investors”…

Top bond managers are predicting more carnage for high-yield investors amid a market rout that forced at least three credit funds in the past week to wind down.

…click on the above link to read the rest of the article…

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