The Wake Up Project

Do you want to know when the "economic collapse" is going to happen?  Just open up your eyes and take a look.  The "economic collapse" is already happening all around us.   So many people talk about the coming economic collapse as if it is some massively hyped event that they will be able to point to on the calendar, and a lot of writers spend a lot of time speculating about exactly when it will happen.  But as I have written about before, the economic collapse is not a single event .  The economic collapse has been happening, it is happening right now, and it will be getting a lot worse.  Yes, there will be moments of great crisis.  We saw one of those "waves" back in 2008 and another "wave" is rapidly approaching.  But all of the waves are part of a process that is continually unfolding.  Over the past 40 years, the United States and Europe have piled up the greatest mountain of debt in the history of the world, and n...

Nick Lowder The U.S.A. is a non-profit RELIGIOUS Corporation The IRS, CIA, Federal Reserve and Social Security are also corporations Urban Survival.com 11-28-4 Editor's Note: This was emailed to us. I have yet to work out who is the author. However, read on and you will see that other's have verified this story. "Still think you're free? Still think all you have to do is vote the incumbent out of office and everything will automatically return to 'normal.' It's too late. Protesting, voting, or - laughably - letters to the editor won't change anything. Look at the corporate info I found at the Delaware Secretary of State website: INTERNAL REVENUE TAX AND AUDIT SERVICE (IRS) For Profit General Delaware Corporation Incorporation Date 7/12/33 File No. 0325720 FEDERAL RESERVE ASSOCIATION (Federal Reserve) Non-profit Delaware Corporation Incorporation Date 9/13/14 File No. 0042817 CENTRAL INTELLIGENCE AUTHORITY INC. (CIA...

When Quantitative Easing Has Run Its Course and Fails by Matthias Chang Readers of my articles will recall that I have warned as far back as December 2006, that the global banks will collapse when the Financial Tsunami hits the global economy in 2007. And as they say, the rest is history. Quantitative Easing (QE I) spearheaded by the Chairman of Federal Reserve, Ben Bernanke delayed the inevitable demise of the fiat shadow money banking system slightly over 18 months. That is why in November of 2009, I was so confident to warn my readers that by the end of the first quarter of 2010 at the earliest or by the second quarter of 2010 at the latest, the global economy will go into a tailspin. The recent alarm that the US economy has slowed down and in the words of Bernanke “the recent pace of growth is less vigorous than we expected” has all but vindicated my analysis. He warned that the outlook is uncertain and the economy “remains vulnerable to unexpected developments”. Obviously, Bernank...

Unemployment numbers belie the announced recovery, credit card interest still killing consumers, market changes the balance over manipulation, economic recovery not possible without a manufacturing base, dollar abandoned worldwide, a second downturn is forecast This past week the BLS released the September unemployment statistics and they worsened as usual, as America enjoys its recovery. * Those unemployed 15 weeks or longer, as a percent of the civilian labor force was 5.4%. * Job losers and persons who completed temporary jobs, as a percent of the labor force was 6.8%. * Total unemployed, as a percentage of the civilian labor force, the official unemployment rate, 9.8%. * Discouraged workers 10.2%. * Total unemployed plus discharged workers, plus marginally attached workers 11.1%. * Total unemployed as a percent of the civilian labor force 17%. If the birth/death ratio is removed, U-6 is in reality 21.3% total US unemployment. The estimate is that 824,000, more jobs m...

Titanic Derivatives What are derivatives? Some investors describe them as “dormant economic weapons of mass destruction”. They essentially are large leveraged bets on top of stocks, bonds and commodities. Money can be made within months or seconds by betting if a stock will go up, down or even remain the same. With no credit rating you can place a bet worth double your account balance. Big time investors get greater leverage with these instantaneous loans. The New York Times, Oct 8th 2008: “The derivatives market is $531 trillion, up from $106 trillion in 2002″. This market is setup with odds similar to a racetrack. Trillions are won and lost (transferred) every second. But unlike a racetrack the big players have ultimate control. Their trillions can make stocks move. A 4% up swing in a stock can cause a derivative bet to rise more than 100% in value or vice versa. A low performing stock that rises only 6% a year could actually have many 3, 6 or 9 percent swings weekly or monthly (some...

The Federal Reserve argued yesterday that identifying the financial institutions that benefited from its emergency loans would harm the companies and render the central bank’s planned appeal of a court ruling moot. The Fed’s board of governors asked Manhattan Chief U.S. District Judge Loretta Preska to delay enforcement of her Aug. 24 decision that the identities of borrowers in 11 lending programs must be made public by Aug. 31. The central bank wants Preska to stay her order until the U.S. Court of Appeals in New York can hear the case. “The immediate release of these documents will destroy the board’s claims of exemption and right of appellate review,” the motion said. “The institutions whose names and information would be disclosed will also suffer irreparable harm.” The Fed’s “ability to effectively manage the current, and any future, financial crisis” would be impaired, according to the motion. It said “significant harms” could befall the U.S. economy as well. The central bank di...

by Bill Sardi America is just a few days away from a possible day of reckoning. I again call attention to this day, August 25, when the Federal Deposit Insurance Corporation issues its 2nd Quarter report for 2009 on the state of health of American banks. It has not particularly alarmed Americans that its growth and prosperity have been built upon debt. The American public is a bit desensitized, particularly since the Y2K threat fizzled. We must wait and see how Americans respond to the upcoming FDIC report. The following charts tell the story. There are roughly 8400 American banks that set aside a small portion of their profits to aggregately insure bank depositors should their local bank fail. A plethora of bank failures has depleted the FDIC reserve fund from $52.8 billion in 2008 to $13 billion in the 1st Quarter of 2009. (See chart below) Alison Vekshin, writing for Bloomberg, indicates "The failure of 77 banks this year is draining the fund, prompting the agency in May to...