TheEconomicCollapseBlog.com (excerpts):  19 Signs of Very Serious Economic Trouble:

#1    According to one new survey (reported by The Herald-News), one-third of all Americans are not paying their bills on time.

#2    The US housing industry is bracing for another huge wave of foreclosures in 2012.  The following is from a recent Reuters article: "We are right back to where we were two years ago. I would put money on 2012 being a bigger year for foreclosures than 2010," said Mark Seifert executive director of Empowering & Strengthening Ohio's People (ESOP), a counseling group with 10 offices in Ohio.

#3    The Citigroup Economic Surprise Index, a key indicator watched by many economists, is on the verge of heading into negative territory. 

#4    We are supposed to be in the middle of an economic recovery in the United States, but bad news just keeps pouring in from major companies.  For example, Yahoo is firing thousands of workers and Best Buy is closing dozens of stores.

5#    Richard Russell (author of The Dow Theory Letters) says that the "big money" is starting to quickly exit the financial markets..."My guess is that this is the big money that has been holding off as long as it decently can -- and then dumping their goods just before the close.  I don't think the big money likes this market and I think they have been slowly exiting this market as quietly as they can." 

#6    Goldman Sachs is projecting that the S&P 500 will fall by about 11 percent by the end of 2012.

#7    All over the country, local governments are going into default and we have not even entered the next recession yet.

#8    The US government will add more to the national debt in 2012 than it did from the time that George Washington became president to the time that Ronald Reagan became president (thanks to Obama!).

#9    The Federal Reserve is desperately trying to control interest rates.  The Fed purchased approximately 61 percent of all government debt issued by the US Treasury Department in 2011 (because that's were the money is - they aren't stupid - it's all planned!).  This is also the only thing that is keeping interest rates in the United States from soaring dramatically.

#10   German industrial production is falling at a pace that is far faster than expected. 

#11   Italy's debt-to-GDP ratio is now up to 120 percent. 

#12   The Spanish government admitted on Tuesday that Spain's debt-to-GDP ratio will rise by more than 11 percent this year alone.

#13   Yields on Spanish bonds are at dangerous levels.

#14   The Spanish government is projecting that the unemployment rate in Spain will exceed 24 percent by the end of the year. 

#15   Unemployment in the eurozone as a whole has risen for 10 months in a row and is now at a 15-year high.

#16   In the aftermath of a 77-year-old retiree killing himself in front of the Greek parliament in protest over pension cuts, the economic rioting in Greece has flared back up dramatically.

#17   At this point, Greece is experiencing an economic depression with no end in sight.  Some of the statistics coming out of Greece are really hard to believe.  For example, one port town in Greece now has an unemployment rate of approximately 60%. 

#18   The IMF is asking the United States to contribute more money for European bailouts.

#19   At this point, even some of our top scientists are projecting economic trouble.  For example, researchers at MIT are projecting a "global economic collapse" by the year 2030 if current trends continue. 

It seems the projected date of 2030 is way too optimistic, probably on purpose.  The Bible says, "For when they say, 'Peace and safety,' then sudden destruction will come upon them, as travail upon a woman with child, and they will not escape" 1 Thessalonians 5:3.  Why do UN officials and elitists want to take everyone by surprise?  Unless there is chaos, the people will organize and fight back.  It is very difficult to control people who are organized and strong; they must be made weak before they can be controlled. 

Why do you suppose there isn't much talk of all of this collapse within the ranks of top government officials in this administration?  Yes, it is time to campaign, but they also don't want you to be alarmed at what's going on.  Just as the Great Depression was planned and carried out in 1929, there is planning going on at a much bigger - massive - scale, in fact, a worldwide scale. 

The ancient prophets of the Bible foretold the economic collapse and the power-grab by a world dictator.  UN leaders, of course, are among those planning the world collapse to bring in a world government.  Why do you think all of these major nations are collapsing at the same time?  Coincidence?  My, oh my, some are still very naive.  Let's give you the remainder of the year to come around to reality.  The Bible says (speaking of the Antichrist), "He will enter in peaceably, even upon the fattest places of the province (the US?), and he shall do that which his fathers have not done, nor his father's fathers (become the first black president?); he will scatter among them the prey, and spoil and riches (scatter the wealth - like in "redistribution of wealth?"); yes, and he shall forecast his devices against the strongholds, even for a time" Daniel 11:24.  I'm not insinuating that Obama is the Antichrist.  If he isn't, nevertheless, he is a very good prototype.  Get ready, people.  If you aren't ready for what's coming, please visit the How Can I Be Saved page of this website.  God bless you
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