The Economic Collapse Of 2016 Starts Today

AMERICANS, SO OVERBURDENED WITH CONSUMER DEBT HAVE LOST ALL RESILIENCY AND THE CHRISTMAS SHOPPING SEASON WILL BE A BIG DUD DESPITE THE HOPES AND WISHES OF THE RETAIL MERCHANTS.IF YOU OWN RETAIL STOCKS DUMP THEM NOW. ANY SMART AMERICAN IS STOCKING WEAPONS, AMMO,FOOD AND WATER AND ANCILLARY SUPPLIES FOR WHAT LOOKS TO BE A LONG SIEGE IN AMERICA. THE TRUE UNEMPLOYMENT RATE IN EXCESS OF 20%, O'BAMA SCREWING SOCIAL SECURITY RECIPIENTS OUT OF A COST OF LIVING ALLOWANCE FOR THE 3RD TIME IN 7 YEARS DESPITE THE PRICES OF EVERYTHING GOING HAYWIRE AND PROPERTY AND OTHER TAXES GOING UP, WELL, THIS IS A RECIPE FOR DISASTER. ADD IN A NEARLY 20 TRILLION NATIONAL DEBT, 8 BILLION OF WHICH WAS ADDED UNDER 7 YEARS OF O'BAMA AND ALL OF IT BORROWED BY THE WAY WELL YOU CAN SEE THAT THE US HAS TURNED INTO A PUPPET OF THE ANCIENT JEWISH BANKING HOUSES OF EUROPE AND THE FEDERAL RESERVE, THE JEWS OWN PRIVATE BANK, THAT PRINTS THE AMERICAN CURRENCY.

WHERE WILL THIS ENDS UP? WHO KNOWS! WE ARE IN UNCHARTED TERRITORY. BUT I CAN TELL YOU ONE THING, THE CONSUMER HAS HAD IT. BLED DRY BY DOUBLE DIGIT INTEREST RATES ON BIG BALANCE CREDIT CARDS, 84 MONTH CAR LOANS, MORTGAGES THAT ARE STILL UPSIDE DOWN AND HOMES WITH ZERO EQUITY DESPITE PAYING ON THE MORTGAGES FOR 12-15 YEARS+, WELL, IT JUST CAN'T GET MUCH WORSE THAN THAT OR COULD IT?

THE BANKRUPTCY COURTS ACROSS THE COUNTRY WILL SEE A HUGE WAVE OF FILINGS IN 2016 AS CONSUMERS WAVE THE WHITE FLAG OF SURRENDER AND SEEK TO LIQUIDATE THEIR DEBTS IN CHAPTER 7. MY ONLY REGRET IS CONGRESS HAS NOT ACTED TO INCLUDE STUDENT LOANS IN THESE FILINGS. WHEN THEY DO, YOU WILL SEE THE BANKRUPTCY COURTS WITH A 3 YEAR BACKLOG AS STUDENT LOAN SERFS SEEK TO FREE THEMSELVES FROM LIFETIME DEBT SERVITUDE TO THE STUDENT LOAN BANDITS.

IS IT MORAL TO STIFF YOUR CREDITORS? WELL, THAT'S NOT THE QUESTION HERE. THE QUESTION IS WHETHER YOU USE YOUR MONEY TO FEED YOURSELF AND YOUR FAMILY, CLOTHE AND HOUSE THEM OF BE BROKE AND HAVE NOTHING EXCEPT THE HANDOUTS FROM OTHERS. NOW THAT IS THE MORAL QUESTION.