The potential for a truly devastating economic collapse has been real for some time.
And it is coming to America.
Though most Americans are accustomed to having shelves full of food and goods, and enough money to keep going, this sense of security is quite false.
The real economy is bottoming out, and the experts have been warning about the extreme stress in the system for some time.
Job growth has stagnated, personal and institution debt is teetering on edge and the central bank policies of the Federal Reserve have been widening the gap between artificially-boosted corporate interests… and all the rest who have been stymied by low-interest cash flowing to the top of the pyramid at zero interest (and failing to trickle down).
While the United States seems miles apart from the implosion taking place in Venezuela, looks can be deceiving. Even former Federal Reserve chairman Alan Greenspan is admitting it.
As Anarcho-Capitalist market analyst Jeff Berwick of The Dollar Vigilante warns:
It seems barely a day passes now without some big name person warning of imminent collapse. The latest is Alan Greenspan.
In an interview on Thursday [Alan Greenspan] told Fox News that Venezuela is now under martial law and that “America is next.” He said that what was happening in Venezuela was inevitably going to take place in the US.
I agree with this. In fact, we said this exact thing just last week with our article, “Venezuela Descends Into Chaos… Europe and US Next.”
But while we agree with Greenspan that crisis is coming to the US, that’s where our agreement ends. We say it is coming to the US because the conditions in the US are not that much different than Venezuela – and the globalist plan is to turn the entire world into Venezuela.
Greenspan, on the other hand… explained that the reason the US would end up like Venezuela involved a “global problem of a shortage of productivity growth.”
The warning isn’t just that oil prices are rendering socialist economies vulnerable, but that too much power in the hands a central government and a central bank creates an inevitably unstable situation.
All the dollars and all the paper money in the world can’t hold things together once things reach a certain point.
Things are so far gone, that even the iconic faces of Federal Reserve are addressing the problem, and redirecting blame for what is coming to most of the people of the world.
As Berwick explains:
Things aren’t growing at all in Venezuela. In fact they are imploding at a rate I’ve never personally witnessed before. But that isn’t the root cause of the problem. The reason why Venezuela’s economy isn’t growing is BECAUSE of the government and the central bank!
The main cause of ruin over time is central bank money debasement – not some mysterious missing “growth.” And government generally makes things worse via regulations, taxation and debt.
Things are not going to get any better in 2016, only worse.
What is in the news today in Venezuela are the events of the slow-motion long term collapse that is coming globally, and will not spare the United States or its dependent population of serfs.
What is happening will reach every part of the global economy… be ready.
Article reposted with permission fro SHTF Plan
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