Michael Snyder
The Economic Collapse
September 5, 2012
Most people just assume that since things have always been a certain
way that they will always be that way in the future. Most people just
have blind faith that the people running our government and our
financial system know exactly what they are doing and that they are
doing their best to take care of us. In fact, once upon a time I was
fully convinced of that. When I was a kid I quickly realized that my elementary school teachers
really didn’t have the answers, but I had total faith that those
running society at the highest levels were “experts” that were looking
out for our best interests. As time went on I kept progressing in my
education, and by the time I was finished with law school I came to
understand that none of our “experts” really know what they are doing,
and they are definitely not looking out for our best interests. The
blind are leading the blind and we all need to finally admit that the
emperor is not wearing any clothes. Unfortunately, most Americans will
repeat the mantra of “if that was true I would have heard about it on
the news” until it is way too late. Most people are waiting for the
“authorities” to tell them what to do instead of thinking for
themselves. Sadly, time is rapidly running out and a lot of people are
going to end up getting totally blindsided by what is coming.
The man in charge of our financial system, Federal Reserve Chairman
Ben Bernanke, is not going to save our economy. He didn’t see the last
financial crisis coming, and even after things started falling apart he
continued to insist that housing prices would not go down and that we would not have a recession.
Well, it turned out that we had the worst housing crash and the worst recession since the Great Depression of the 1930s.
But still millions of Americans are trusting him to save us this time around.
It isn’t going to happen.
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