A group of influential economic experts has discovered what they call a” frightening pattern” that they say will be unlike anything ever seen. They have presented their findings to the U.N. and a long list of world governments and indicate that this collapse could happen before the November elections in the U.S.
One member of the team, Chris Martenson, stated, “We found an identical pattern in our debt, total credit market, and money supply that guarantees they’re going to fail. This pattern is nearly the same as in any pyramid scheme, one that escalates exponentially fast before it collapses. Governments around the globe are chiefly responsible.”
“And what’s really disturbing about these findings is that the pattern isn’t limited to our economy. We found the same catastrophic pattern in our energy, food, and water systems as well. For 30 years – from the 1940s through the 1970s – our total credit market debt was moderate and entirely reasonable,” he says. “But then in seven years, from 1970 to 1977, it quickly doubled. And then it doubled again in seven more years. Then five years to double a third time. And then it doubled two more times after that. Where we were sitting at a total credit market debt that was 158% larger than our GDP in the early 1940s… By 2011 that figure was 357%.”
“Most frightening of all is how this exact same pattern keeps appearing in virtually every system critical to our society and way of life,” Dr. Moors stated. “It’s a pattern that’s hard to see unless you understand the way a catastrophe like this gains traction. At first, it’s almost impossible to perceive. Everything looks fine, just like in every pyramid scheme. Yet the insidious growth of the virus keeps doubling in size, over and over again – in shorter and shorter periods of time – until it hits unsustainable levels. And it collapses the system.”
Fitz-Gerald says, “If our research is right, Americans will have to make some tough choices on how they’ll go about surviving when basic necessities become nearly unaffordable and the economy becomes dangerously unstable. People need to begin to make preparations with their investments, retirement savings, and personal finances before it’s too late”.
This is only one aspect of a complete collapse and does not even get into the lack of heat for warmth and cooking, water, power, and security issues that will be prevalent everywhere. While a collapse will stretch your coping ability to new limits, it will be far worse if it happens in the colder months of the year. The lack of preparations by a majority of the population will be nothing short of catastrophic because those people have simply refused to listen to the warnings up to now. For those that have prepared it will be difficult to have sympathy for those that ignored the warnings and continued life as usual.
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