Why There Will be Worldwide Financial Mayhem

by Shane White

I have read over many different articles from a large variety of sources and have come to the conclusion that the monetary systems of the world are teetering on failure. While I am not claiming to be a financial genius or anything like that, from what I have read and seen, what I am stating in this article is pretty obvious and will happen in the near future.

Where are we now? There are many countries now in the world who are using various types of currency that are basically based on nothing more than debt. The more we owe, the better the worlds banks are because they are the ones who print and control this money. This is where consumer confidence comes in to play. The more confident you are in the financial system, the more comfortable you are and the more likely you are to borrow money to buy things.

Now the banks print more money whenever they feel like they need it, but that makes the value of the money they have already printed worth less. This works out great for governments because they can pay off their debts with money that is worth less than it was when they borrowed it. This means that they are basically paying off their debts for less that what the original debt is worth.

One problem with all of this is that everyone has to borrow more and more money to make this whole system work. This is obviously not sustainable. http://www.usdebtclock.org/ at the time I wrote this shows the federal government is now over $15.6 trillion dollars in debt and the average family in the US owed over $600,000! How is this sustainable in the long run? There will come a point where this whole farcical system will break.

The fact is, it is already showing signs of failing. If you read the news, there are many countries that do not owe anywhere close to the amount of money that the United States does, but they are nearing default, or are listed as basically in default. Look at the financial situation of Greece, Portugal, Italy, and China to name a few. Do some research and see for yourself.

There are several countries using the Euro that are in desperate need of rescue right now. This is putting the Euro itself in jeopardy. There have been many predictions recently that have claimed that this currency is close to failing. This is so alarming that many nations are throwing money at this problem to try to avert catastrophe. The problem is, China’s economy is based on cheating, and the dollar itself is getting weaker. What you could buy for one dollar today would cost you around 3 cents 100 years ago.

I am not saying that there will be a global financial collapse tomorrow, or in a month, in a year, or even ten years. Signs are pointing to bad consequences of the way we run our monetary system. What I am saying is that you should be ready. Stock food and supplies that you might not be able to buy if your dollar is suddenly worth nothing and make sure that you have something of value to trade with. History shows that precious metals like gold and silver have held their value through the ages. Consider these.

More to come on this topic…

For more information start your research here…




15 thoughts on “Why There Will be Worldwide Financial Mayhem

  • August 3, 2014 at 11:13 am

    Outstanding post however , I was wondering
    if you could write a litte more on this topic? I'd be very grateful if you could elaborate a little bit more.
    Many thanks!

    my web-site … hosting lightning Fast

  • June 17, 2014 at 4:28 pm

    My brother recommended I might like this web site.
    He was entirely right. This post actually made my day. You can not imagine simply how much time
    I had spent for this info! Thanks!

    Stop by my blog post: How To Buy A Firearm Online

  • June 14, 2014 at 12:41 am

    Marketplace of directly on Willamette Casual а ǥreat
    assembly sparte space ɑlong with lodged this class for qսite a while.
    Indeeԁ, in acϲordance with researchers, docctors ɑnd psychiatrists
    ƅut iit is risk-free foг lߋnger-expression apply.

    Тhey might meet upp ɑlοng wkth οther town kids аlong witҺ ride models, geet checking out,
    gߋ swimming or perҺaps enjoy oսt oof doors games suсh ɑs
    hide and seeek as ѡell aѕ deep freeze level.

    Ѕtop by mƴ blog post; Scrabble download

  • March 2, 2013 at 10:12 am

    I've loaded your website in 3 totally different browsers and I must say your blog loads a lot faster then most. Would you mind e-mailing me the name of your hosting company? I will sign up through your own affiliate link if you would like. Cheers

    Here is my blog post: Offshore Company

  • February 24, 2013 at 3:26 am

    Very good blog you have here, but I was curious
    if you knew of any message boards that cover the same topics discussed in this article?

    I'd really love to be a part of online community where I can get feed-back from other knowledgeable people that share the same interest. If you have any recommendations, please let me know.

    Also visit my web page – http://Offshore-Company.co/UK-Pensions/QROPS/
    Also see my websiteoffshore-company.co

  • February 24, 2013 at 2:49 am

    Excellent blog! Do you have any tips and hints for aspiring
    writers? I'm hoping to start my own blog soon but I'm a little
    lost on everything. Would you propose starting with a free platform like WordPress or go for a paid option?

    There are so many options out there that I'm totally overwhelmed .. Any tips? Thanks!

    Here is my homepage offshore-company.co

  • February 23, 2013 at 10:15 pm

    Hey there.
    I just wanted to ask if you ever have any trouble with hackers?
    My last blog (wordpress) was hacked and I ended up losing several
    weeks of hard work due to no data backup. Do you have any methods to protect against hackers?

    Also visit my homepage – QROPS

  • February 23, 2013 at 4:27 am

    Outstanding info once again..
    I am looking forward for your next post!

    my weblog: Inheritance Tax UK

  • February 23, 2013 at 2:15 am

    Hi there!
    Would you mind if I share your blog with my zynga group?
    There's a lot of people that I think would really appreciate your content. Please let me know. Thank you

    Also visit my site Offshore Banking
    my page: Offshore Banking

  • February 23, 2013 at 1:40 am

    Using this blog post you go through a couple of the
    most important opinions..
    Fast to read through & full of invaluable details!

    Thanks a lot for sharing Blogger: Doomsday Moose.

    my blog post … Offshore Investment

  • February 23, 2013 at 1:37 am

    I'm at work browsing your blog from my iphone 4s! Just wanted to say I love reading your blog and look forward to all your posts!

    Here is my blog post … QNUPS

  • February 22, 2013 at 2:09 am

    It appears as though we both have a passion for the same thing.
    Your blog, "Blogger: Doomsday Moose" and mine are very similar.
    Have you ever thought of authoring a guest post for a related blog?
    It will unquestionably help gain exposure to your blog (my website receives a lot of visitors).

    If you are interested, contact me. Thank you so

    My site; UK Pensions

  • February 16, 2013 at 5:24 pm

    You really make it appear so easy along with your presentation but I find this matter to be
    really one thing that I think I might by no means understand.
    It kind of feels too complex and extremely broad for me.

    I am taking a look ahead in your next submit, I'll attempt to get the grasp of it!

    Also visit my website: extreme coupons

  • November 20, 2012 at 12:28 am

    I really like what you guys are up too. This sort of clever
    work and reporting keeps me reading! Keep up the terrific work.
    I've added you guys to my own blogroll.
    Here is my weblogTransfer UK Pension


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: