Warning to All - The American Economy is Not Back - Prepare for the Coming Depression

[Turtleo0]

How much does it cost for an American wife?

[NewAmericaNow]

@Turtleo0 Too damn much...LMAO Hold on I'm about to get hit with a frying pan while I laugh. That will be one arm and one leg and two testicles please.

[MrGchiasson]

Now the idiots at Fannie Mae are offering new loan assistance to sub prime mortagages...get a new loan without the need of a credit rating! That's the same garbage that started this mess! They keep trying to cover their butts and cover up the scam that they've been running for decades.

[MrGchiasson]

The unemployment numbers are 'fuzzy math'..lies! We are closer to 12% unemployment. the jobs are gone. We have been in a consistent recession/ mini-depression for the last five years..and it started years before that. The sub-prime loan SCAM has destroyed our economy:

a perfect storm of a corrupt & inept Washington and a thieving Wall Street. Everybody made money...at the expense of the taxpayer. We have been scammed and robbed And now Washington is still in the way of recovery.

[JanHuniche]

Is that a chemtrail behind the speaker at 0:43... ???.

[dlparker1975]

So true. American consumer not maker of anything. Every segment of our industrial power has been sold to another country. What a shame and truthful this video is. There is no power in buying. Millionaires never become millionaires without saving. Building wealth comes from manufacturing and saving. Not spending and service industry.

[Pitbuller956]

What happens anyway?

[SuperPeoplearestupid]

Great video... potent reminder. Knowing that this slide into the abyss is inevitable, it's becoming absurdly entertaining. I remember my Pops and my uncles discussing the collapse of U.S. Steel and American Bridge back in the late 70's, because of Nixon,s collaboration with the Chinese; and interests in Japan saw our steel and manufacturing muscle go East. I worked Dutch Harbor for 2 years- entire fishing industry owned by Japanese, run by Koreans, and workers American, Russian, African.

[GemHudson]

You're right.

[avionicswirenut]

Nothing to see here, move along....The sheeple are happy as long as they have the big screens, cell phones, football and video games......That is alright sheeple, the wolf is guarding your pen.....And it is almost dinner time.....

[bestkeylar]

Suburbanites, stock up on a few months of whole wheat and freeze dried food if you can.

Vote Ron Paul 2012

[AngelikavonDeutschla]

Why are we so envolved with this subject? Dont we have better things to do? If you really so concerned stop and do your partM! I do not use credir cards, i use debit cards.i have CD,s and save money.I have an organic veggie garden and I do can!plus my supply room is filled with canned goods and food!

[squattingwolf92]

Feeding the cattle for the slaughter.

[Lion21Black]

right to the point

[MorpheusX001]

WAKE THE HELL UP AMERICA! --- Join the Revolution

-

Read “Common Sense 3.1” at ( revolution2.osixs.org )

-

We don’t have to live like this anymore. "Spread the News"

[freevideos051]

true

[conimahoni]

blah blah b;lah,thats why america will invade libya,next iran.mostly all the middleeast ...suck the oil out

[Umishiru]

America is set up to fail ever since we adopted the use of credit cards. Note we have never had more than 10 years of growth after world war 1.

[opsychic]

yeah i agree - using Credit Cards and getting into debt to go "spend some more" with money they do not have and worse yet - are borrowing from places like China (talk about how China and India are raking us over the coals - not just with our debt but also by stealing our jobs)... These people are the problem with this country - they just do not care. Let's see what they think of the coming collapse and FEMA camps. Bet they're not ready

[NewAmericaNow]

@opsychic Most Americans don't realize that the majority of Chinese workers are making the equivalent of $50 a week. It is obvious that the people of the world are getting ripped off and the Corporations are getting rich from the profits and the fact they they pay little to no tax.

[Daydream2142]

@opsychic they didn't steal your jobs in American. those jobs were shipped to poor countries by YOUR corporations. It's called 'globalization'.

[opsychic]

yeah i agree - these sheeple are part of the problem with this country - using Credit Cards and getting into debt to go "spend some more" with money they do not have and worse yet - are borrowing from places like China (talk about how China and India are raking us over the coals - not just with our debt but also by stealing our jobs)... These people are the problem with this country - they just do not care. Let's see what they think of the coming collapse and FEMA camps. Bet they're not ready

[opsychic]

yeah i agree - these sheeple are part of the problem with this country - using Credit Cards and getting into debt to go "spend some more" with money they do not have and worse yet - are borrowing from places like China (talk about how China and India are raking us over the coals - not just with our debt but also by stealing our jobs)....

These people are the problem with this country - they just do not care. Let's see what they think of the coming collapse and FEMA camps. Bet theyre not ready

[se7ensnakes]

"The Congress shall have Power To coin Money and regulate the Value thereof." is that not straight forward simple? But some argue that congress can charter this task to other committees. But the truth of the matter is that congress is altogether taken out of the equation. and the president elects people to the Federal Open Market Committee from a list handed to him. Representatives are not allowed to attend meetings. They are not even allowed to ask certain questions.

[se7ensnakes]

"The Congress shall have Power To coin Money and regulate the Value thereof." is that not straight forward simple? But some argue that congress can charter this task to other committees. But the truth of the matter is that congress is altogether taken out of the equation. and the president elects people to the Federal Open Market Committee from a list handed to him. Representatives are not allowed to attend meetings. They are not even allowed to ask just any questions.

[boxa888]

@pigybnksbtr DO SOMETHING THEN!spread organic heirloom food seed far and wide, its called"johnny appleseed economics"or"gorrila gardens",spread more organic food. wake up everyone,do your part!!?IF YOU ARE angry,get seed and make a organic revolution your way.SPREAD THE ORGANIC SEED EVERYWHERE TELL OTHERS! INCREASE THE FOOD SUPPLY RIGHT NOW WHILE WE GOT TIME!! GROW VERTICAL GARDENS IF YOU DONT HAVE THE SPACE! START NOW!SOLAR ENERGY, HAM RADIO, WATER!

tell 10 OTHER PEOPLE RIGHT NOW!

[Aztec9ism]

I could never understand how anyone could possibly be brainwashed into thinking the Friday after Thanksgiving was the designated day to go out and shop with a million under people to be trampled, pawed, knocked down, and fighting for parking spots and spending money you didn't have was FUN. Great video!

[taipei0791]

It goes to show that you cannot borrow and spend your way to prosperity. America will have to have a paradigm shift in economic thought by manufacturing, saving and spending less than they earn. In other words earn money by creating actual physical products that people need, not worthless paper assets based on debt and leverage. Simple economics is it not?

[albc1964]

@taipei0791 I like your comment; You state a real deal truth without the smoke / mumbo-jumbo that comes fiancial schools / new stations. I seriously doubt you and this YouTube user named RantingRusty are twin brothers but watch this video titled Rusty Rants 8 - Credit Cards . I belive you will agreee with his words concering credit . Tell me what do you think ? ...about this video.

[gerw0007]

SICK, SICK, SICK ....

What is most scary...is the picture I get in my head of these same people, after not having eaten for 4 or 5 days...making their "mad dash" for the last rations of water or food at the local supermarket...

That would TRULY be a BLACK FRIDAY....

I am, and will be ready for the coming smack down that is approaching.

I know it will sound bad to many...but we, as a society deserve a total collapse...we are lazy, ignorant and selfish...three very dangerous traits

[boxa888]

@gerw0007 DO SOMETHING THEN!spread organic heirloom food seed far and wide, its called"johnny appleseed economics"or"gorrila gardens",spread more organic food. wake up everyone,do your part!!?IF YOU ARE angry,get seed and make a organic revolution your way.SPREAD THE ORGANIC SEED EVERYWHERE TELL OTHERS! INCREASE THE FOOD SUPPLY RIGHT NOW WHILE WE GOT TIME!! GROW VERTICAL GARDENS IF YOU DONT HAVE THE SPACE! START NOW!SOLAR ENERGY, HAM RADIO, WATER!

tell 10 OTHER PEOPLE RIGHT NOW!

[albc1964]

@gerw0007 I liked your comment especially since you took what would many news articles / books etc and basically boiled it to a simple real deal commentary about the American Joe / Jane / Jr public. I belive that can also be applied to other peoples around the world, Later

[AffinityNetNews]

You can't have a viable real growth economy without a manufacturing base to build from. Period. End of story.

If you want to know who is a fault? Look in the mirror. We all are. Freedom isn't free, and the cost is eternal awareness and NEVER turing your back on those in power.

Apathy, complacency, willful ignorance and the worst SILENCE.

[DillonDee1]

There have always been Doomsday prophets around - they've been w/ us for centuries.

[TorontoBoi]

Seeing Americans crawling over one another for cheap, plastic crap made from Chinese slave labor is disgusting.  It is nothing more than fattening up the turkeys (no shortage of them in America) before the SLAUGHTER (hyper-inflation).

[2009zigi]

@pigybnksbtr America was rich. And the wolrd is not the US and the third world. There are also countries that are at least as rich as america.

[BishiSab]

America is Finished....:-( Yes it is throu if the people of any country are not QUICK enough to see the harm and destruction by some Greedy Satanistic Power which has devestated the world in the last 500 years, THEN THEY DESERVE WHAT THEY GET. Just like what they did to IRAN. They came throu Religion and cheated the SHEEPS into Submition. Now your Turn has Come, and for you they have Decided the Satanisem and Materialisem. And offcourse your Food!!? The same thing they did in East Europe...!!?

[alfabravo98]

most american people are blind possession whores i want i want i want... something new something better something YOU DONT FUCKING NEED!!! WE DONT NEED ALL THIS SHIT THAT IS JUST CLUTTERING OUR LIVES... USELESS CRAP THAT GIVES THE PROFITS TO COMMUNIST COUNTRIES... im not saying dont buy something if you need it im saying why put yourself in debt for stuff you dont... thats just my rant thank you for the video and for your time

[elfil76]

nice!!!

[XjhonnieX]

whats up americaaaaaaaaaaaaaaaaaaa?????

[dmhappy2777]

America as as we knew it is gone for ever nothing good can come from what is happening. Seeing all these sheeple fighting over stuff that is worthless in the realm of the real world is at least very disconcerting. O boy do we have a harsh reality ahead of us. Sadly enough we will get what we deserve. If all those folks that are storming the stores to buy there entertainment Would have stormed the FEDERAL RESERVE and the White house and or congress then we may have had a chance So sad

[barnett1129]

Thanks wise words hope a few of those that were out there Friday see this....

[71twimom1918]

Cash customers are exsinct. This country is going to hell in a handcart quick, fast and in a hurry!

[okieprepper]

This is an excellent video, GREAT JOB!! ★★★★★

[wiseroldowl]

Not to mention the hoggish behaviour of humans trampling each other to grab Chinese made toys that fall apart in a week... >.<

[BITARTEN2]

Honolulu... hahaha

[DC180]

The footage from Honohulu looks pretty crazy... crazy!

[jenniferashley99]

The only thing I bought was a bread maker for 40 bucks (cash) I'm learning to make bread-and also going to learn how to make bread on a grill (for when the power goes out)

[OBXSOLWIND]

YOU COULD NOT BE MORE CORRECT !!!!!!!!

[NWOIS666]

Excellent rant newamericanow ! A sick way of thinking......charge it....I'm rich ! lol

[THEUSSLIBERTY67]

Guess the taxpayers have to pay-off the FED governments China debt or

the interest on the debt. These purchases use to come from the US!

[stayingawake20]

Listened to that Vlog as well. I'll dismiss Peter's minuet discretions, and take in his general message.. thanks man! Great vid!

[hotrodjp]

GREAT VID! I DON'T TRUST THE FAT CATS. LET ALONE WITH MY MONEY! NEVER HAVE,NEVER WILL!!. GET READY PEOPLE, GET READY!. IT"S COMMING FASTER THAN YOU THINK. LOOK REAL CLOSE.

[IronicallyVague]

"Imagine how they view us in Europe?"

for my intire life I've always wondered how history would view us & I always knew it'll be as a joke, a bad joke...

Wasn't all this obvious 25 years ago it was going to happen?

[albie071]

@IronicallyVague Don't worry. UK is not that far behind US. We're all going to get flushed down the tubes if we don't make a stand.

[eredy]

dont be fooled this isnt main street in the news. hi .and nj states are what they show there showing high tax states . other states wall mart still has there black fri items waiting to be bought. its lies people are not buying much of anything .

[jjaayypp963]

Great point ! This is f---in crazy ! That video game or automatic can opener is not going to be worth a crap, when it hits the fan ! It's a sad day, when people will fight each other over a bunch of chinese CRAP ! Buy Real supplies, like guns, ammo, food , soaps, shampoos, medical items, and water! The clock is ticking !

[romeoneverdies]

i think shiff meant to save money ( real one if possible) what he says is start saving

i think its better if its not in a dollar denomination in other words to buy goods / money that will keep its value well .

[ironhead41]

great vid.......

[dixiegirl999]

I didn't get out Black Friday. Tight Christmas this yr. I'd rather keep stocking up than spend our money on junk. The crash is still coming.

[999manman]

Good point! The economy of China is doing great1!!!

[sacredappleseed]

Selfish is as selfish does. These people have no idea how to care for each other with full bellies; how will they behave when genuine desperation and hunger pangs are the norm? BlesSings.

[stealinator]

Great vid, though I did not agree with Shiff, in that Vlog saying savers need to put $ in the bank. Hell, I took most mine out, dont trust the financial sector. 80% of mine is now parked in physical metal, mostly silver.

[NewAmericaNow]

@stealinator I thought the same thing. If our currency was controlled by the people as is Constitutionally required I would say yes, but not to fatten the Bankers. I also took most of my money out of these financial institution. It's no longer safe for them to keep your money for you. Thanks for the input.

[tirmen8er]

@NewAmericaNow

if this money goes into community banks and credit unions and out of BofA and the like... its a start.

[bloodandwinearered]

@NewAmericaNow What happened in America was was entirely preventable. NOT ONE BANK IN CANADA FAILED. Mind you, we have regulations to prevent bankers from stealing our retirement savings. We also have regulation on big oil so our shores and seas are safe for fishing and swimming, unlike the Gulf of Mexico. If regulations are bad, why is the Canadian dollar worth more than the American dollar? Something is terribly wrong in America.

[albc1964]

@bloodandwinearered I liked your comment !! I didn,t know that about Canada; I belive also too that the Canadian public have access to large wilderness areas to escape if things get real bad in there urban areas. So , in a way, are you also syaing that one should consider opening a bank account in Canada ? This would be for the sole purpose of having access to cash while I / others head up North . Canada ; Fascinating country

[bloodandwinearered]

@albc1964 Considering American banks failed and Canadian banks did not, it is correct to asume your money is safer in a Canadian bank.

[jonah70757]

Black Friday....a very appropriate name

[kaihoosi1]

so true and so so sad

[ilovety65]

sooo true!