The Greater Depression...

Courtesy of The Coming Depression Blog:


It is necessary to provide only a short list of economic problems to see the critical condition we are in:


Virtually everything you look at is broken and unfixable, from both a mathematical and political standpoint. All democratic welfare states are insolvent and incapable of meeting their obligations. Sovereign defaults are likely and will likely occur in domino fashion.

Insane economic policies and regulations are making matters worse. Businesses are not hiring or investing because of the uncertainty that has been imposed on the country. Wealth, intellect, and corporations will flee this country.

More than half of the states are likely to default on their obligations. Most major municipalities have pension obligations that will be unable to be met.

Individuals are still over their heads in debt with no hope in sight. The housing market has farther to go on the downside.

Foreclosures will accelerate. Commercial real estate is a disaster that has not yet hit full force. Joblessness is not improving and will get worse. Infrastructure has deteriorated. There are no funds available upgrade it to proper standards.

Private pensions and union pensions are grossly underfunded and likely to become worse when financial markets tank. The welfare system is unsustainable and has to be dismantled.
Generations have grown accustomed to entitlements and will not take kindly to the necessary reductions and eliminations. Education has deteriorated to levels such that many graduates are literally unemployable at a minimum wage, or at any wage.

The banking system is insolvent, with many banks unlikely to survive. Social Security and Medicare are unsustainable programs that will collapse or have benefits so reduced as to make them virtually unrecognizable.

Government guarantees of Fannie, Freddie, FHA, and a host of other programs will likely require $2 trillion-plus to honor at taxpayer expense.

Anything the government touches, it destroys, be it social programs, the post office, Amtrak, education, or (soon to be) the entire credit system, General Motors, student loans, etc. -- and finally, the entire economy.

The FDIC is in a deep hole from which there is no escape other than additional taxpayer bailouts.
This economic list is off the cuff and not comprehensive. Geopolitical risks, if considered, would produce another frightening list.

The world is headed for a Depression much greater than the 1930s. That is unavoidable at this point. An Economic Dark Age is about to descend on the civilized world. Every welfare state, to avoid failure, will have to cut entitlements and benefits. These solutions will be met with resistance and probably violence. The government model known as democratic socialism is dead. It will be dismantled one way or another. The power elite will not give up their roles willingly.

A World Going Mad...

"There is no doubt that the world is "globalizing," there is no doubt that we are seeing a new world order coalesce before our eyes, and there is no doubt that this can be supremely (and spiritually) dangerous.

There is also no doubt that fear of being monitored by government agencies is a legitimate concern. There has been an explosion in fingerprint scanners, street police cameras, eye recognition devices, identification cards, airport tracking, passport technologies, satellite watchfulness, and highway speed cameras. There is also a strong push toward "micro-chipping" -- inserting devices that have private information about a person or allow for satellite tracking right under the skin of people (via that tiny microchip), a scenario that once seemed fanciful.

Monitoring the population means more governmental control which can mean loss of liberty and down the road could turn into loss of ability to worship freely under the leadership of a nefarious force." - Michael Brown, Catholic author.

The coming civil unrest....

Our Lady to Fr. Stephano Gobbi,
November 15, 1990,
Malvern PA


"I announce to you that the hour of the great trial is on the point of arriving. The great trial has arrived for your country. How many times, as a concerned and sorrowing mother, have I endeavored to urge my children to follow the path of conversion and of return to the Lord. I have not been listened to. You have continued to walk along the way of rejection of God, and of His law of love. Sins of impurity have become ever more widespread, and immorality has spread like a sea which has submerged all things.

Homosexuality, a sin of impurity which is against nature, has been justified; recourse to the means of preventing life have become commonplace, while abortions - these killings of innocent children, that cry for vengeance before the face of God - have spread and are performed in every part of your homeland. The moment of divine justice and of great mercy has now arrived.

You will know the hour of weakness and of poverty; the hour of suffering and defeat; the purifying hour of the great chastisement. The great trial has arrived for your Church. How great is your responsibility, O Pastors of the Holy Church of God! You continue along the path of division from the Pope and of the rejection of his Magisterium; indeed, in a hidden way, there is in preparation a true schism which could soon become open and proclaimed...And then, there will remain only a small faithful remnant, over which I will keep watch in the garden of my Immaculate Heart.The great trial has arrived for all humanity. The chastisement, predicted by me at Fatima and contained in that part of the secret which has not yet been revealed, is about to take place. The great moment of divine justice and of mercy has come upon the world."

I have warned about the coming unrest and what Our Lady has foretold in numerous posts. See here, here and here for example.

Related reading here.

What exactly are police departments preparing for?

"Financially the U.S. is not an independent country..the U.S. is bankrupt." (Paul Craig Roberts, former Treasury official).

Lee Bellinger, the Publisher of Independent Living, believes that disaster is just around the corner. Read his article here. And my previous Blog post detailing what Our Lady told Father Stefano Gobbi back in 1990 here.