Economic Update: U.S. & The Euro sitting in a tree.

[flwalt]

Thanks for summarizing the BAD news. This is like medicine we were given as children. It tasted bad but helped you get better. Some parts of prepping are initially distasteful like diverting money we enjoyed spending on non-essential but good things to stores of essential supplies but as time goes on we are individually getting better when it comes to surviving the next great depression. Thanks for the updates.

[EastTennesseePrepper]

@macfin88 You may be right. Too bad it is easier to get people to call and write. Noone wants to take pepper spray to the face even if it mean losing their freedom.

[mdr8088]

Your right, it's comming to the end....

[EastTennesseePrepper]

@mdr8088 I'd rather be wrong lol.

[kamalalovely]

Btw, I agree with you completely about how the financial people complicate things on purpose to confuse everyone! Sneaky bastards.

[EastTennesseePrepper]

@kamalalovely Oldest tactic, dates wayyyyyyy back. We see it all the time. Thats why a bill presented to congress isn't just on one subject, soooo many amendments. Example, last I saw the defense bill passed by the senate had like 351 amendments. Too bad half half have not been made for public viewing!

[kamalalovely]

Kinda grim, isn't it. Prep & pray, prep & pray. Thanks for the update video ETP :)

[EastTennesseePrepper]

@kamalalovely Thank ya!

[blockme73]

im feelin ya

[EastTennesseePrepper]

@blockme73 We in it together

[wcd47]

I understand "Responsability" but when is th Accountability going to come into play...When everything goes to poop lets watch all the roaches scatter.

[vtpaladin]

Dude, the intro was like story time with Dr. Seuss. "I do like debt Sam I AM. I will spend on money on a box, I will spend money like a fox. I will spend money like its rain, I will spend money with no brain."

[EastTennesseePrepper]

@vtpaladin I'm having you write my into's for now on!

[vtpaladin]

@EastTennesseePrepper LOL, thanks for the complement.

[threefortea1]

Thanks



[EastTennesseePrepper]

@threefortea1 Thank you

[katzcradul]

@PREPAREFORTHEKING It sounds like you're describing the symptom and not the problem. The problem is that a majority of politicians are members of the NWO through the CFR. It is the PLAN to bring the US to it's knees through creating a welfare state and crashing the dollar through the bogus Federal Reserve. From this viewpoint, the politicians work very hard and are very successful at destroying America on behalf of the elites.

[Aluminumati]

Great video. I think you understand where this is all going. You just don't want to talk about it for fear of being labeled a doom & gloomer. But, there are only 2 types of people who sleep well at night; the ignorant and the prepared.

[EastTennesseePrepper]

@Aluminumati Sometimes...the prepared don't sleep lol.

[Aluminumati]

Like Ernest P. Worrell said, "The bankers promise you a great rate, but they book-keep you right out of it. Know what I mean?"

[EastTennesseePrepper]

@Aluminumati good quote.

[didntseeanything101]

Thanks for your posts. You help peeps understand things - you are a true teacher. I worry about my family and friends that seem to have their eyes closed to what is going on. Hang in there all and stay united.

[EastTennesseePrepper]

@didntseeanything101 I dunno about a teacher lol. Maybe one who is trying to lift the veil.

[wyattoneable]

You have a good handle on the economics of our union. I enjoy your comments, thanks for sharing.

[EastTennesseePrepper]

@wyattoneable Long time no see bud, how ya doing?

[TheSheChef]

they sittin' in a tree k-i-l-l-i-n-g. Great post friend

[EastTennesseePrepper]

@TheSheChef lol, I actually almost went that route.

[mojopin12]

Always a good job brother. Thank you.

[EastTennesseePrepper]

@mojopin12 Thank you bud!

[Prepper7]

Well done.

[EastTennesseePrepper]

@Prepper7 Thank you bud

[1023471965]

Good video. There is too much debt owed too many different people. It can't be paid back & the people committing the fraud are NOT going to jail. =The politicians & their cronies are all in cahoots.

The collapse could happen today or in a few years. Some folks think the ruling class is working at putting off the collapse as long as they can as their heads are literally on the chopping block. Also many folks think the USA will be the last domino to fall as it is a safe haven for the rich.

[EastTennesseePrepper]

@1023471965 I honestly don't think we will be the last to fall. Maybe the last of the major to fall. But knowing our luck that idiot running brazil will keep on going.

[1023471965]

@EastTennesseePrepper -- you're probably right about some of the other countries getting through the collapse better than the USA. I just believe> The rich & their money will move to the USA as a safe haven, as this country is relatively stable compared to other industrialized countries. Also the USA is so large with so many immigrants, the wealthy arriving here can 'hide' in the USA in relative anonymity.

[Woodsygirl62]

Poetry, Family Feud, very good :) hey some sheeple might hear that and listen..wish you were on cable. Now there would be technology folks.."The YouTubeChannel now offered on your basic cable!" I get cable if they would do that. For now, I'll just come here. Good videos as always.

[EastTennesseePrepper]

@Woodsygirl62 OMG cable LOL.

[Woodsygirl62]

Talk about crooks and greed, they call themselves responsible managers...yeah right. those numbers are scary..glad I buckled before I watched this..I fear we are going to get a late Christmas present, collapse..so keep your powder dry and at the ready, becuz after New Year's..its that close, what am I saying..maybe even an early Christmas present. God help us all.. prep, pray, and prep some more.

[0304angie]

Thank you much for the information. My family has thought I was crazy. I have known for some time that something wicked comes this way. Now my family doesn't think I'm so crazy. By the way, love your coal-oil lamps. I have some just like it.

[EastTennesseePrepper]

@0304angie Lamps are worth their weight in gold I think.

[EastTennesseePrepper]

@0304angie and they always think we are crazy lol.

[ssamorgan2044]

I appreciate the work you do making your videos and researching the information you present. I nominate you ETP as the poet laureate of the prepper community. : )

[EastTennesseePrepper]

@ssamorgan2044 LOL!! Thank you

[goosearrow]

How can we expect common Americans to understand when they aren't even required to learn the basics of money management in school? They aren't taught about basic loans, checking/savings accounts, etc. Yet learning Shakespeare is required.

[Woodsygirl62]

@goosearrow when I was in school..many yrs ago lol.. we learned this stuff in Beginning Bookkeeping. today they don't teach a LOT of things..complete..US history. but in some places, they do not even teach history, they teach..Popular Culture grrr..they don't do this because they are making sheeple out of our youth! dumbing them down. And in some cases, even in the colleges. God help us all...

[EastTennesseePrepper]

@goosearrow I think....that maybe we should teach it instead. Do we really want someone grown in the system that is broken to teach this to the future generation? But yea, I agree with the sentiment. If we had some responsible awake instructors.

[goosearrow]

@EastTennesseePrepper I agree, we should teach it ourselves. But what I meant was why isn't this taught as a requirement? It is more practical than most of the garbage they teach. Of course, they don't want Americans to be smart enough to figure out their debt or the govt's either.

[Drone1njj]

Thanks for the update brother. Be safe

[EastTennesseePrepper]

@Drone1njj Thank you

[mammysinthekitchen]

Thanks for sharing.....my husband has been preaching this to anyone who would listen over the last twenty plus years. There are so many people who have not believed him and continued to live with the ostrich syndrome (their heads buried in the sand) that I'm afraid they forgot to cover their asses.

[EastTennesseePrepper]

@mammysinthekitchen LOL Great! Tell him to keep it up, if he reaches one person then he did more than expected.

[rdnkrfnk]

we r past the point of them being able to fix this i think the longer they delay whats coming the worse and longer it will take to fix this

dont worry it prolly wont be long youll be able to trade that 22 rifle for more than the $200000 home is worth

all it seems they want to do is make it last through the next election cycle im wondering what theyve got up their sleeve stay vigilant in keep us informed on what ya know

[EastTennesseePrepper]

@rdnkrfnk Yup, a few of us have discussed this several times, every vote, every decision to be made has stipulations that it won't take effect until after the election. And both sides of the political insanity agree to it.

[rdnkrfnk]

@EastTennesseePrepper this is why i think that by the time the election rolls round everyone better have their ducks in a row no later than january when the next swearing in is done

[NorthGeorgiaPrepper]

Thanks for keeping us informed ETP...time to buy more rice lol

[EastTennesseePrepper]

@NorthGeorgiaPrepper Lol...about the only affordable thing left to buy huh?

[teska365]

Haha, great vid as always man. Thanks. It's funny how before ppl use to get mad because of bailouts in the millions and then billions, now we talk about trillions like nothing. These banks now have trillions of dollar in debt, how the hell are they going to get out of it?? They can't pay it back, hell no one can.

[EastTennesseePrepper]

@teska365 Or we fuss for three or four days then go back to sleep. Frustrating.

[TheWoodsmenJoe]

it is just the begining of the mark of the beast trying to set up

[Iam1uglyguy]

Great vid.

[EastTennesseePrepper]

@Iam1uglyguy Thank ya bud!

[minbound]

I've said it before and I'll say it again, they have two choices here. Step on the gas and let it crash as fast as possible or two, slow it down as much as they possibly can but the outcome will remain the same. Keep doing what you can folks.

[EastTennesseePrepper]

@minbound They don't even gotta stap on the gas. Let them stop for less than a week and see what happens. I'm dreading it either way. However, rebuild is slow, so if it happens anyway, would we not rather see it fixed for at least our children. You're spot on bud.

[RockyMountainPrepper]

@minbound I dig it. Should be interesting.

[minbound]

@RockyMountainPrepper Well I see them driving it into a bridge abutment but that's just me, hehe.

[modoc42]

The only thing that surprises me, is how it's (appeared) stayed above water for this long. Nothing can keep it afloat for much longer, though.

[EastTennesseePrepper]

@modoc42 Oh I so agree. I honestly can say, I have no idea how it can be fixed under the current structure, so we need a new one which requires a tearing down of old and transitioning to a new...that requires all the currently involved...to go away and stay out of the next picture.

[modoc42]

@EastTennesseePrepper Yes, indeed, the current structure does need to go away, but I fear even more for what will replace it--a currency system that we 'must' accept or we won't be able to buy or sell. Hmm, where have I heard that phrase before? :/

[out2gtme]

have you seen this?

.youtube.com/watch?v=OSHD8GAx6­8Q&feature=g-all

[EastTennesseePrepper]

@out2gtme RT video about tinned, gold etc?

[out2gtme]

@EastTennesseePrepper even the zombie lords are saying grab some canned goods, small cal arms and prepare for the worse.

[Aluminumati]

@out2gtme I read that.  I never understood why he specified small caliber. What's wrong with putting big holes in things?

[out2gtme]

Your right on the money. same thing I'm seeing, except I have to hear others say it before I believe myself. Thanks.

[EastTennesseePrepper]

@out2gtme Don't second guess yourself lol. Seems to me the "educated" powers to be, need us to tell them.

[ilovety65]

words of wisdom,thanx!

[EastTennesseePrepper]

@ilovety65 Your welcome and thank you as always1

[BonnieBlue2A]

Nothing about the foundation of our debt has been fixed and unless the GOP bill passes to prevent the American taxpayer from 17% of the cost of the IMF's EuroBank bailout we'll be screwed just like we were in TARP with publicized debts and privatized profits. American's need to understand that the IMF is not bailing out Europe but the banks.

So the release of gold reserves by the Eurobanks is increasing market supply and temporarily driving the cost of gold down again, is this correct?

[EastTennesseePrepper]

@BonnieBlue2A I'm not so sure about market supply, the gold is released to the banks that they are borrowing U.S. treasuries from. I woud have to imagine that gold will not be readily availible to anyone but the lending institution. Now that the news is coming out about gold being accepted as collateral, I would expect the value of gold per dollar value to start going up. Contrary to what Bernie said. IMF is just doing that, bank bailouts, IMF funded by...Fed reserve.

[BonnieBlue2A]

@EastTennesseePrepper Thanks, just trying to understand today's dip as financial talking heads predict $1500/oz before it bottoms this swing.

The toxic derivatives dumped into BOA by Merrill Lynch for FDIC insurance is extremely troubling escpecially if other investment banks are doing same.

Thanks for your updates and prepper poetry!

[kastnmagic]

Thanks for the info and your devotion!

[EastTennesseePrepper]

@kastnmagic Thank you!

[bossduff]

crazy mess we are all facing.

[EastTennesseePrepper]

@bossduff Pfff..we are the only ones facing it. The citizens, the high hats are still wearing blinders and in denial lol.