2009 Map of Poverty in the United StatesAfter my oldest daughter finished her BS Degree Studies, married and got established, she noticed that the world around her was falling apart. She asked me how did this happen and why is she doing so well when everyone else is doing so poorly. I told her that I planned for the hard times while everyone else lived in denial.
In the 1960s, my older brother William J. Williams III went to Juniata College in Central Pennsylvania. One weekend when he came home, I read one of his books that showed how the United States was wasting its money from 1950 to 1965. The wealth of the nation was leaving this country. This wasting of money could not be sustained. This fact along with the fact that oil production in the United States peaked in 1970, was my first clue that many affluent Americans and their families will be counted among America’s poor in the future.
I had a radio program on WAMO in Pittsburgh Pa. in the 1970s and early 1980s. I also had a cable TV show on Cable TV in Monroeville, Pa. In these programs I talked about the coming economic disaster and how to invest to smooth over the waters as we pass through them. Some people actually paid attention while others called me names like “money lover”, "Mr. Money", or "miser".
A family living out of their car in America. The husband cannot find work.Thirty years later, many of the people who made fun of me found that their children are homeless, very poor, and have no source of income. The people that made fun of me have little retirement money.
Below is the introductions to a three part series on why we are in one of the largest and most in depth depressions in the Post World War II period. The program also give evidence that the world is moving toward economic collapse. It does not matter if you live in the richest country or the poorest country, the hammer of economic collapse will be upon you.
Women living in the streets with no home or food in America.Addicted to Money: Part 1.
This report is the program for anyone who wants to know how the financial crisis came about, what it means for us now, and what we can do to create a sustainable economy. This three‐part series is a survival guide for the New Economy, presented with wit, charm, and incisive appeal by David McWilliams, a young economist who talks just as candidly to the most influential and powerful players in the global economy as he does to ordinary people.
Addicted to Money: Part 2.
David McWilliams reveals how Australia and many other nations have become one‐trick economies, vulnerable to the inevitable sudden shocks that are a by‐product of a fragile, globalized economy. In Australia's case, they have become totally dependent on Chinese resource demand, putting their future in the hands of a ("Communist") party‐state dictatorship with a very big check book says McWilliams. China in turn has marched itself up an economic cul‐de‐sac, becoming overwhelmingly dependent on demand for its exports and in the process accumulating masses of potentially volatile US dollars.
Addicted to Money: Part 3.
In the final episode of Addicted to Money, David McWilliams argues that the convulsions of the financial crisis are small compared to the imminent threats ahead. We are facing severe shortages of the key resources that fuel the global economy. What makes our civilization possible: oil, water, and food. Ultimately, these are all energy issues, and until the energy dilemma is seriously addressed here, there can be little optimism for sustainable long term growth. We have reached "The Great Disruption", the moment where our old economic model can no longer be sustained.
When I was born, Earth only had 6 billion people. Today Earth has over 8 Billion people. Food production around the world must keep pace with the world population growth. Any disruption in food production could cause a serious spike in food prices. These disruptions can take the form of weather related disasters such as floods, hurricanes, and droughts. If you have noticed, we had such problems in 2011. In my local area restaurants, food prices have gone up an average of 36.53% in 2012. Keep in mind with all this water around the planet, only 10% of it is drinkable. If society does not manage this water, the people and animals on this planet could be in serious trouble.
This all means that you and your family better start thinking "outside the box" and planning for the future to sustain you and your family. That means that you can no longer afford to buy and do things to please the masses. If you do, you or your family may end up like the people above.
No comments:
Post a Comment