US on the Brink of the Greatest Depression Ever via Fox News

Photo credit: Mike Licht

Everywhere from FoxNews.com to CNBC.com, I suddenly see commentators warning of pending doom, economic collapse, and a new Great Depression. Welcome to my club. Perhaps America’s politicians and economists should have paid attention to an entrepreneur and small businessman that has been warning of economic collapse and a new Great Depression publicly for over two years.

More importantly, none of the current commentaries mention the “why’s” of this slow motion economic collapse…beyond the obvious — mountains of deficit and debt. None of them mention the dysfunctional structure of the current U.S. economy and the massive changes in the work ethic and mindset of the average American.

I am a successful small businessman and a patriot who loves America and always sees its greatness. I am also an optimistic, positive thinker who always sees the glass half full. But not this time.

This time we are in such deep trouble, the only solution is a radical restructuring of the politicians, the economy, and the way we view personal responsibility versus government handouts. If those changes don’t come then we are facing a long decline and the eventual end of America.

This time the results are going to be dramatically worse than 1929. This time we are facing The Greatest Depression ever.

Read more from this story HERE.

  • m123s

    The wrong turn in the road started in 1913 with the Unfederal Reserve taking charge over Our currency, and the Federal Collection Agency,aka I.R.S.. Made matters worse with the Dictator F.D.R. and his New Deal Colation/Fifth Party System, and Britton Woods Agreement; That agreement made the U.S. a consumption/debt Nation.Wealth has been re-directed around the world via military bases, and the spread of Democracy, which is a cute word Socialism, and violates Article 4, Section 4, U.S.Constitution. Oh yeh, political parties-there has Not been but one party since 1913. Bumping Our bottoms, on the bottom is not a surprise or new. It took years to get to this point, especially breaking the RULES. 1Sam.8:7-19 is in play. Our Creator is not happy with Communism, or its little Sister Socialism, which by the way, have never been successful.

  • CSN

    A Great Depression would be very depressing….Jesus will come a second time, and he promised Elias will come and restore all things…that is what I hope for.