There Is Hope In Understanding That A Great Economic Collapse Is Coming

By Michael Snyder.

Hope Despair - Public DomainIf you were about to take a final exam, would you have more hope or more fear if you didn’t understand any of the questions and you had not prepared for the test at all?  I think that virtually all of us have had dreams where we show up for an exam that we have not studied for.  Those dreams can be pretty terrifying.  And of course if you were ever in such a situation in real life, you probably did very, very poorly on that test.  The reason I have brought up this hypothetical is to make a point.  My point is that there is hope in understanding what is ahead of us, and there is hope in getting prepared.  Since I started The Economic Collapse Blog back in 2009, there have always been a few people that have accused me of spreading fear.  That frustrates me, because what I am actually doing is the exact opposite of that.  When a hurricane is approaching, is it “spreading fear” to tell people to board up their windows?  Of course not.  In fact, you just might save someone’s life.  Or if you were walking down the street one day and you saw someone that wasn’t looking and was about to step out into the road in front of a bus, what would the rational thing to do be?  Anyone that has any sense of compassion would yell out and warn that other person to stay back.  Yes, that other individual may be startled for a moment, but in the end you will be thanked warmly for saving that person from major injury or worse.  Well, as a nation we are about to be slammed by the hardest times that any of us have ever experienced.  If we care about those around us, we should be sounding the alarm.

Since 2009, I have published 1,211 articles on the coming economic collapse on my website.  Some people assume that I must be filled with worry, bitterness and fear because I am constantly dealing with such deeply disturbing issues.

But that is not the case at all.

There is nothing that I lose sleep over, and I don’t spend my time worrying about anything.  Yes, my analysis of the global financial system has completely convinced me that an absolutely horrific economic collapse is in our future.  But understanding what is happening helps me to calmly make plans for the years ahead, and working hard to prepare for what is coming gives me hope that my family and I will be able to weather the storm.

I do not believe in living my life in a state of fear, and I do not want anything that I write to ever cause fear in my readers.  The ancient Hebrew greeting “Shalom” is roughly translated as “peace” or “completeness”, and that is what we are constantly pursuing in my household.  My wife and I know that incredibly challenging times are coming, but we also know who we are, what our purpose is, and where we are headed.  We also believe that the greatest chapters of our lives are ahead even in the midst of all the chaos that is coming.

When times are the darkest, that is when light is needed the most.  Just think about it.  When you look back over history, what heroes do you admire the most?  If you truly think about it, almost all of those heroes arose during times of great adversity and conflict.

The years ahead can be a time of great adventure for you, or they can seem like hell on Earth.  It all depends on how you respond to your circumstances.

Do you want to know who is going to respond to the years ahead with fear, panic and depression?

The millions of people that have absolutely no idea what is coming and have made absolutely no preparations are going to be absolutely blindsided by the coming economic collapse.  Just like the 1930s, we are going to see people jumping out of windows and jumping in front of trains.  Others will sink into a state of despair so deep that nobody will ever be able to shake them out of it.

It doesn’t have to be that way.

Over the past five years I have spent thousands of hours studying the coming economic collapse.  In my articles you can find tens of thousands of facts and statistics that prove that the U.S. economy is hurtling toward oblivion.

It is not always the most pleasant thing to write about, but it is the truth.  And that is what matters.  If you believe that I am wrong, prove it to me.  I work very hard to put out the most accurate information that I possibly can.  So if you can prove that I am wrong, I will change my mind.

But of course that is not going to happen.  As I have stated previously, anyone with half a brain should be able to see that we are living in the greatest debt bubble in human history.  Anyone with half a brain should be able to see that the “too big to fail” banks are being extraordinarily reckless (derivatives, etc.).  Anyone with half a brain should be able to see that our formerly great manufacturing cities are being transformed into crime-infested hellholes.  Anyone with half a brain should be able to see that the middle class is dying.  Anyone with half a brain should be able to see that the exact same patterns that led up to the great financial crisis of 2008 are happening again.  Anyone with half a brain should be able to see that we simply cannot consume far more wealth than we produce as a nation indefinitely.  Anyone with half a brain should be able to see that the incredibly foolish decisions that our politicians have been making for decades have placed us on a road to utter disaster.

So it doesn’t take anyone special to do what I am doing.  I am just a “watchman on the wall” sounding the alarm the best that I can.  And there are lots of others that are doing the same thing.  We are deeply concerned about where this nation is heading, and we have been pleading with our leaders to do something about it for a long time but they have not listened to us.

Since our leaders just continue doing “business as usual”, there is not going to be a solution to our problems on the national level.

So that is why I am encouraging people to get prepared for the hard times that are coming on a family level and a community level.

Unfortunately, it seems like some people always have an excuse for not getting prepared.  In fact, a few have even gone so far as to accuse me of being “anti-faith” for suggesting that people actually get off their couches and do something to help their families deal with the nightmare on the horizon.  They seem to have the attitude that we should all just sit back and wait for God to do everything for us.

So I am not quite sure why those people get up in the morning and go to work, since they should just “trust God” to deposit paychecks into their banks.  And I am not quite sure why they ever fill up the tanks of their vehicles with gasoline, because they should be able to “trust God” to put more gas there when they need it.

I covered all of this in much more detail in my previous article entitled “Is It ‘Anti-Faith’ To Prepare For The Coming Economic Collapse?

For now, let me just state that what those people are suggesting is the exact opposite of what the Bible teaches.  Trusting God is not about sitting back and doing nothing.  In the Scriptures, we are told that faith is about stepping out and taking action on what God has revealed to us.  That includes working hard, being wise and providing for our families.  For example, just check out Proverbs 6:6-11…

Go to the ant, you sluggard! Consider her ways and be wise. Which, having no guide, overseer, or ruler, provides her bread in the summer, and gathers her food in the harvest.

How long will you sleep, O sluggard? When will you arise out of your sleep? Yet a little sleep, a little slumber, a little folding of the hands to sleep— so will your poverty come upon you like a stalker, and your need as an armed man.

In the end, each one of us needs to make the decisions that we feel are best for our own families.

So that is why it is so incredibly important not to let someone else do your thinking for you.

In America today, the average person watches 153 hours of television a month.  In addition to that, we also spend countless hours watching movies, playing video games, listening to music, reading books and surfing the Internet.

What most Americans don’t realize is that there are just six giant corporations that control almost all of that content, and that makes them immensely powerful.

These giant media corporations are constantly manipulating our attitudes, opinions and beliefs.  And at this point most Americans seem quite content to remain “plugged into the matrix” and to allow corrupt corporate executives somewhere to do their thinking for them.

I urge you to break free from that system.

Do your own research and do your own thinking.

Don’t take what I say or what anyone else says as truth without critically examining it yourself.  This can be difficult at first, because in this nation our young people are no longer trained to think critically.  Instead, we are trained to just blindly accept whatever information the system feeds us.

George Orwell once said that “during times of universal deceit, telling the truth becomes a revolutionary act“.

That perfectly describes the era that we are currently living in.

The truth does not bring fear and despair.

Rather, the truth brings hope and it sets people free.

Share the truth with as many people as you can, because we live in a world that desperately needs it.

A former Washington, D.C., attorney, Michael Snyder runs a number of websites, including:

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  • jadan

    You’re a prepper, Michael. A prepper is some one who withdraws into a private cocoon of security out of fear that the social institutions that support people ( usually called “government”) will fail. You don’t have any solution for the problems you endlessly complain about, so you withdraw with your family and others of your own ilk. You’re frightened. You’re living in fear of a dystopian vision of societal collapse. This is no mere economic downturn, not a mood swing in the bipolar business cycle. No sir! This is the Big One. It’s Mad Max time! You have no interest in saving the world; you just want to save yourself and others you care about. You don’t care about society. Your doom & gloom doesn’t come from your concern for others. You have judged others and found them wanting. You’re living in your own private Old Testament reality and there’s an angry god out there who’s mightily pissed off. That’s you, an angry prophet, walking away from Sodom & Gomorrah. So, to save yourself you have to come up with a solution that will save society. You have to save the world! There are ways to solve the debt problem and to fix the financial system. There are ways to revitalize cities and create employment. But no one of us is going to save the world solo. The world may not be salvageable. But each of us has to have a vision of a future in which all of us live in peace & prosperity. My personal view is that billions of people will probably die in the near future. The economy is the least of our problems. Do you really think that people don’t know what’s happening and they need you to scare the shit out of them for their own good? They know and they don’t need you to remind them of the obvious. They need help! You aren’t helping when you kick them around pretend like you give a damn.

    • kimyo

      out of fear that the social institutions that support people ( usually called “government”) will fail.

      perhaps you weren’t paying attention: katrina, superstorm sandy, 9/11, among many others, fully demonstrate the government’s complete failure to support people.

      it isn’t ‘fear’, it’s the brutal reality. the most likely outcome: the government will fail to support you in your time of greatest need.

      stop it with the fear card, you’re the only here talking fear. stop it with the armchair psychology, or why not just take it over to facebook where you’ll find a ready audience? the people here are much more sensible.

      • O’Chamberlain LordO’PinkLines

        Don’t waste your breath, the individual that wrote this, is possibly angry at being so dependent upon a bankrupted system that one day may not be able to support her/him, so they do what comes best, lash out at those who prepare.

        It’s astonishing reading the rant.

    • O’Chamberlain LordO’PinkLines

      Wow so you think the solution to all this is to attack a fellow human being for wanting to protect his/her family who by your own admission may be afraid but actually trying to do something about it to soothe that fear?

      Who needs friends like you?

      What a disgrace of a human being.

  • Truthbetold

    I am not what you call a prepper, but I have a personal plan and some additional safeguards that will protect me. Jaden, there is no other solution for people than for them to become financially independent. That is the solution…Don’t bash Michael because he has a plan….make on for yourself

    • jadan

      He’s not talking financial independence and Poor Richard’s Almanac, he’s talking End Times. A plan for personal survival is no guarantee under those circumstances, as a bomb shelter was no real protection from a nuclear war. Our best protection is a functioning government and a law abiding society. We should be working assiduously to that end. Snyder isn’t doing that. What hope do you find in this article? “Get out while the gettings good” is not hope.

      • Truthbetold

        We should be doing that always…however, the majority has lost faith in our political leaders….It still doesn’t hurt you to align yourself with folks that could sustain a colony…For example, my family and extended family all have skills that would be beneficial in a SHTF scenario…That is what gives us hope! We have the tools to survive and probably help others as well just in case….Even businesses have crisis plans, why wouldn’t families? It is only smart…it doesn’t mean that you don’t hope for the best…but being prepared also gives comfort

        • jadan

          Hard to argue with a common sense approach, but I will! When Snyder’s breakdown happens we will more than likely lose the republic to an endless state of emergency. The government will show a face we’ve only seen in war time. There will be no place to run or hide from the oversight and control of the neo-fascist state. Government will seize your gold and put everyone to work. No exceptions.No more protests, no secession. What personal liberty we have will be sacrificed. Preppers think when the system fails they’ll go out and built a new world in their own private Idaho. If this government fails, a worse will spring up to take its place, which is why we have to work to make choices now that will be denied to us in Snyder’s future….

          • Truthbetold

            I have no gold except for the little bit of jewelry that I own…I don’t care about rebuilding the country….That isn’t the first priority…Priority number one is to get to the farm and survive…the rest will come later

          • jadan

            Good luck to you!

  • Mistokus

    Though I left High School in the 9th grade, many years ago, I love languages, composition, technical writing, etc. I’d like to suggest and think you will benefit from using the word, “that” less often. Often, you can lave the word out and the sentence will still be complete and correct. For example, you write,
    “That perfectly describes the era that we are currently living in.”
    when you could write,
    “That perfectly describes the era we are currently living in.”
    Remove it from some of your other sentences and you’ll see what I mean, I think.
    Anyway, decent article, thanks for writing to educate people. Glad to see someone else who aims to inform people, rather than spit out random blather to boost their ego, or whatnot.

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