Did you receive America’s wakeup call?

Most people cannot see danger unless it is right in front of them. The Roman Empire never lost a war. If that is the case then why did the Roman Empire dissolve into several different nations?  It was said about Great Britain only 100 years ago that the sun never sets on the British Empire. By 1945, it was disintegrating.  The USSR had one of the best military machines in the world. Their empire ran from the Baltic nations in Europe to the Pacific, taking up all of Northern Asia and part of Eastern Europe. That empire imploded only 45 years after defeating the best land forces Europe ever produced.  All three of these empires collapsed from within. The common denominator was its debt and its ability to raise taxes to pay its debt. Most empires sooner or later have this problem and the United States is next.

Just because your country has nuclear weapons does not mean that you are economically powerful. The USSR had nuclear weapons and they disintegrated. Nuclear weapons are good for threatening other nations but a nation cannot use them. If you destroy another nation with these weapons then who is going to pay for the war? You killed the people and you contaminated the land. So you can’t use them and expect the victims to pay your country for the cost of the war and give your country free labor, land, and goods. Plus the fall out for these weapons will fall over your country and kill your own people, contaminate your land, and cost your country more money in cleanup cost.  

   
What does this mean to you? This means nothing if you have your head in the sand. If you believe that the United States economy is still growing and that your best days are ahead of you then no matter what I say here, you will disagree with. But if you see the writing on the wall, you must start to prepare yourself and your family for what is just ahead of you.   

http://www.usdebtclock.org/ 

How much debt do you think we are in?

At the end of the twentieth century, the United States had a $5 Trillion surplus. The problem, to keep your standard of living, your empire must continue to grow. The United States started on the East Coast of the United States in 1776. It bought the rights to take over part of the land west of the Mississippi. It fought the Mexicans and took over the western part of North America. It bought the right to take over Alaska from Russia. The US went to war against Spain and won the right to control the Caribbean and the Pacific. The Kingdom of Hawaii was the next target.  Then we had WW I and WW II. WW II gave us the opportunity to move into and control Europe and Japan.  At this point, 1945 to 1965, the United States was the riches nation on Earth. It came out of the war twice as rich as what it was at the beginning of WW II.

But that was not good enough. In order for the United States and its empire to continue to increase its standard of living for its people, the nation must continue to expand its control. This is why the United States moved into the Eastern Asian nations in the med and late twentieth century. This is why they moved into the oil rich Arab countries in the twenty first century.  The United States must control natural resources including the world’s oil supply in order to keep the wheels of industry turning.  This is why the United States invaded Iraq and Afghanistan.  But maintaining an emperor that must grow in order to maintain itself can’t be done. One day, that empire will run out of money just like the empires before it.  Here is why the United States had a $5 Trillion surplus 12 years ago that has now turned into a $16 Trillion debt.

If you are old enough, you notice that the standard of living of people in 1968 was better than the standard of living of people in 2008. Have you noticed recently from the way congress is acting that the strategy of spending and giving citizens a tax cut is not working? In 2013, individual taxes will go up regardless of the tax cut congress gave people. Congress is having problems funding disaster recovery projects in this country. Roads, bridges, sewer/water systems, and infrastructure in America are falling down. That is because we have no money but the government still wants to act like we do.  Just because you can borrow money does not mean you can pay for something. One day, the money you borrow will have to be paid back. 

Rome did the same type of business transactions just before people destroyed the place because their needs were not being met. Shortly after that, Rome no longer existed. The provinces governed themselves. You know them as Britain, France, Spain, and Italy to name just a few.

http://www.usdebtclock.org/world-debt-clock.html 

See what countries have higher personal public debt then see what they are saying in the news about these countries. It is not good news. 

This is why I tell you that you must change your way of thinking when dealing with finances. If you do not, you will depend on the government for your medical benefits, living expenses, and food supply.

Open a self directed IRA and buy individual high yield bonds. Save at least 10% of your income for retirement. If you have property, plant your own food. Find ways to cut back on expenses. You do not need the latest junk that you see on TV.

One day and one day soon, the government will not be able to deliver. How congress treated the Northeastern United States the week of New Year should be your wake up call.