What Do They Say Is Coming In 2014? Top Financial Prognosticators Speak Out

Freedom Outpost ^ | December 13, 2013 | Michael Snyder

[Tolerance Sucks Rocks]

Comments section in original.

We are so screwed.

[Tolerance Sucks Rocks]

PING!

[Tolerance Sucks Rocks]

BING!

[Paladin2]

Feh, Bammy sayz things are GREAT!

[old curmudgeon]

Boner and McConnel are more interested in destroying the Tea Party than worrying about this little stuff.

That alone tells you that we are in real trouble and that fixing the problems is not a priority.

So we are screwed.

[thesearethetimes...]

BookMark

[driftdiver]

I’m ok I have all my money in a 401k. The rest is insured by FDIC.

yes /s

[ChildOfThe60s]

Not much to laugh about, is there?

[Bluestocking]

Government statistics measuring unemployment, inflation, and GDP have been so doctored to appear better than they really are, we might already be in a depression without even knowing it.

On the other hand, the price/earnings ratios of the Dow Jones and S&P 500 averages are very stable, in the 16-18 range, so major financial collapses of the type being prophesied don’t seem imminent.

[who_would_fardels_bear]

If the crisis is going to be based on derivatives as Slim suggests, then we will hear absolutely nothing until the risk has been fully transferred to the taxpayers.

Just like last time.

[Graewoulf]

Did I miss it? I saw no mention of the economic effect of OSHIT, (Obama Socialized Health Insurance Tax)?

[neefer]

The cities, located throughout 18 states, saw requests for emergency food aid rise by an average of seven percent

I've been volunteering at the Salvation Army food pantry and things are certainly looking bad. The manager said their requests are noticeably higher this year. Today a guy came in and was very embarrassed to ask for food, explaining that he did have a job and worked. "....But the kids keep complaining there's no food in the house."

[Ghost of SVR4]

I have been seriously prepping for about a year now as best I can to keep my family going in case of a "shock event". I have some more to do for the short haul (i.e., make it through a winter) but now shifting my prep's for the long haul when there are no more grocery markets. Beyond that, a lot of us would do well to start stocking up on common things that will be worth lots down the road. If you live in the north east, how much would you pay for a single bic or zippo lighter or What about a hatchet? How about some anti-biotics today or maybe some shoe laces? Now, imagine these simple things that can be had within 45 minutes pretty much wherever you are today not existing in five years? How much would they be worth then?
Beyond being self sufficient, think about what will be useful in trade.

[Ghost of SVR4]

I’ve shifted my thoughts on them (and quite a few others for that matter). I think they know what is coming down the pike and are angling to make their lives as comfortable as possible (i.e., keep on keeping on when everything else outside is burning to the ground). Lets face it, when everything collapses, realistically, what are these guys gonna do in a world filled with chaos and war?

[tsomer]

shtf scenario

[headstamp 2]

“Boner and McConnel are more interested in destroying the Tea Party than worrying about this little stuff.”

DC is in its own little bubble. They simply don’t have time to be concerned with things like the economy or the middle class.

[VRWC For Truth]

There is no leadership in DC. Don’t look to them for answers.

[Georgia Girl 2]

“Bammy sayz things are GREAT”

Thats when you know you are screwed, blued and tatooed. :-)

[Tolerance Sucks Rocks]

You got that right!