There Will Be No Economic Recovery. Prepare Yourself Accordingly.

[EE_]

We all know where society is headed...the same place as all societies have gone throughout history.

To think we can save society from being the next in line for collapse is futile at best.
So many people are fretting about what is coming, thinking we must survive and live forever...it just doesn't work that way.

Life goes on until it doesn't.

[Horn]

Staggering statistic;

U.S. 32% of global GDP in 2001 to 22% in 2011.

That's a percent of GDP per year, man the Boomers really F'ed that place over.

[mamboni]

Staggering statistic;

U.S. 32% of global GDP in 2001 to 22% in 2011.

That's a percent of GDP per year, man the boomers really F'ed that place over.

US GDP was 50% of the world in 1950. It took 50 years to decline 36%.
It has taken only 10 years for US GDP as percent of world GDP to decline 32%.

[Horn]

US GDP was 50% of the world in 1950. It took 50 years to decline 36%.
It has taken only 10 years for US GDP as percent of world GDP to decline 32%.

I'm reminded of statements back on GIM in 2005,

when someone said the illegal alien exodus from U.S. to Mexico is coming next.

[vacuum]

This was a really ominous prognosis of the state of the economy.

I saw plenty of exponential-shaped graphs that were near vertical. Knowing what I know about mathematics, something has to change very very soon, because they can't continue to follow their trajectories.

[General of Darkness]

The truth is very sad.

[EE_]

But there are complete economic recoveries in selected cities. Anyone can move to one of these.

Silicon Valley/San Fran, CA
NY City/Wall Street
Washington DC (never had a recession)
South Florida
Austin, TX
Houston/Dallas Corridor
Phoenix, AZ
Charlotte, Raleigh NC
Los Angelos, CA
North Dakota
South Dakota
Cape Cod
Chicago, IL

I'm sure there are more

[Twisted Titan]

This was a really ominous prognosis of the state of the economy.

I saw plenty of exponential-shaped graphs that were near vertical. Knowing what I know about mathematics, something has to change very very soon, because they can't continue to follow their trajectories.

i agree.

when something goes parabolic. ....it is almost like " my eyes glaze over" because your abilty to quantify goes poof.

The only thing you can grasp is the end will NOT be a progressive slide.

it will bee a abrupt end comes with the boom of a Thunderclap and the speed of a eye blinking.

it can make you paranoid

[JDRock]

REMEMBER ammo....and how the "shortage" developed into a crisis, then became a permanent shortage, orchestrated aided and abetted by your zio overlords......now, consider this- food and water are next. prepare.

[gunDriller]

i've just been listening to the Financial Sense webcast for March 30.

they are wierd, sort of bi-polar. they go into medium detail on all the Doom-related subjects like cascading bank failures, Cyprus, the cooking of US economic numbers, the skillful channeling of QE to pump up the US stock market.

but then they "talk up" investing in the US stock market as if it were a low-risk scenario. pointing out that it has risen about 100% since the lows in 2009, and ridiculing those who stayed out of the stock market. (meanwhile, Gold has gone up 100% and Silver about 150% since the lows of 2009 - and those gains are much lower risk than investing in the US stock market.)

it makes for a wierd concoction of webcast. in the past Financial Sense has been useful, it helps me figure out the economy.


getting back to the subject of the thread - it's a 110% government-financed pseudo-recovery. Everything is cooked & manipulated. The stock market is goosed UP. unemployment numbers are goosed DOWN. Precious metal prices are manipulated DOWN. etc. etc. Health care stocks are up 6% this year - Jeez, I wonder why ?

i like honest webcasts. at least on King World News, the advertisers are the people Eric King interviews, e.g. Sinclair's company. their shtick is simple - buy PM's, long term, they're going up.


while the motivations of MSM economic journalists are obvious (e.g. Cramer), i have to wonder about some of the 'intermediate media'. Puplava is pushing Puplava Financial Services more & more. but if they just admitted the truth - that markets are highly manipulated, and that going all-in into precious metals at these recent lows makes for a sound financial strategy ... well, what do we need PFS for ?

perhaps, to remind us of the merits of diversification, to discuss different types of diversification.


but, getting back to the subject of the thread ... while the US economy continues to contract, the stock market is marking all time nominal, highs, and the Zio-media is in full-on "Rah Rah" mode - unless the subject is Gold.

so we have to go to Zero Hedge and here at G-S.us to find out some deeper truth, e.g. MOPE (Management of Perception Economics.)