Hear is a good article on our coming future. I would ask all the forum members to pray their rosaries often. Many of us may not survive the coming crash but we can all pray for a good death.

Editor's Note #2: Summary of where things are heading over 2009-2010



This was posted to the Market Ticker Forum a few days ago. In my estimation, with the exception of the prognostication of oil going back to $20/barrel, it's probably about as good a summary as you're going to find of where things are going in the short-to-medium term:
Breaking News: Friday October 10th, 2008



Subscribe to the Free LATOC Breaking News Email List




Great survival and disaster preparedness books:











ccc















































Now is the time to invest in micro-solar equipment:











ccc











































In the era when I was born, commentators used to liken the economy to a casino. A few folks were making trillions of dollars, euros, and yen trading in currencies, companies, and commodity futures. None of these people were actually doing anything useful; they were just laying down their bets and, in many cases, raking in colossal winnings. If you followed the economic food chain, you'd see that all of that money was coming out of ordinary people's pockets . . . but that's another story. Anyway, all of that economic activity depended on energy, on global transportation and communication, and on faith in the currencies.



Early in the twenty-first century, the global casino went bankrupt. Gradually, a new metaphor became operational. We went from global casino to village flea market. Stores were empty. People were out of work. How were they to survive? The only way they could do so was by endlessly recycling all the used stuff that had been made before the crisis. At first, after the initial economic shock waves, people were selling their stuff on internet auctions - when there was electricity. Then, when it became clear that lack of reliable transportation made delivery of the goods problematic, people started selling stuff on street corners so they could pay their rents and mortgages and buy food. But, after the currency collapse, that didn't make sense either, so people began trading stuff, refurbishing it, using it however they could to get by. Source
I must caution everyone - if you are not prepared for six months to two years of unemployment, you need to be.  If you are dependent on credit to survive (that is, if you couldn't make it without your credit cards) you need to fix that now.



Like today now.



Oil will collapse in price to $20/bbl.  Unfortunately nobody will have any money to buy gasoline, or a car, so it won't matter.  As in The Depression millions of automobiles will be scrapped after being abandoned by their owners for lack of insurance and registration fee money.  Cheap scooters will become the dominant form of transportation for those with jobs, as they will be all most people can afford.



As credit collapses distribution of food and other essentials will break down.  Unable to access credit, trucking companies will be unable to get goods to market.  The current distribution system for food requires travel of over 500 miles from production to consumption; this is untenable in a market where stable credit is unavailable.  Food distribution will be severely impacted and in some areas may break down below critical levels.



Unemployment will reach 25% within two years.  Median income will fall by 30% nationally.  Foreclosures will reach 20 million homes.  The government will step in with HOLC-style remediation but it won't matter - the unemployed won't be able to pay irrespective of the price.



House prices will fall to well under $100,000 nationally on a median basis but with lending all but non-existent you'll need 50% down.  A few people will make out like bandits near the bottom, being able to buy up homes for $10,000 each in blocks of 10 at a time - for cash. 60% of America will be renters; nearly half of all homeowners will ultimately lose their homes to foreclosure.



Civil unrest will break out in major cities when incomes fall but the cost of food and essential services fail to come down materially, leaving millions of Americans hungry, broke and homeless.  Unlike in the 1930s America will not quietly stand in soup lines - instead they will riot, loot and burn. The National Guard will be called up but will find it impossible to exert meaningful control without shutting down all commerce in the affected areas. The decision will be made to cordon off the cities and deny entry to anyone who does not live in that specific neighborhood, essentially shutting down commercial activity. GDP will fall by 30%.



The S&P 500 will fall to 150 and flatline, a 90% loss. CNBC and Bloomberg will cease broadcasting. Volume will fall to 10% of former levels. Source
http://www.lifeaftertheoilcrash.net/BreakingNews.html

Many will be decieved and accept the doctrine of the Kaballah, this plan is already in place.  The elite controllers of planet are unconscienably well organized.  Compared to now it will seem they've made the earth a paradise because right now they're purposely spirutally supressing the entire people of the world, this is the purpose of all they do right now domestically but the doctrine of the Kaballah will give people breating room spiritually.  This is truly the time of the anti-Christ and the funny thing is compared to now the people of this planet may find the reign of the anti-Christ to be blissfull when he unites the world in this doctrine.  People really will find spiritual breath.  It would be probably be funner to your senses to go along with it but that is obviously impossible.  

And you'll tell them the law of God and word of God and they'll mock you and hate you and kill you and deliver you up their syngaouges and say your intolerant and fascist and stupid.  And what traidtional Catholics suffer now from the world all Catholics may suffer in the coming years because hopefully impart the gnostic unfaithful doctrine in the Church will be elimated by the next Pope.  

And in military regimentation there's certainty and purpose and order there are none of these things in wider general society.  Without Catholic doctrine there's no certainty, purpse, order except survivalism, sɛҳuąƖism, sensory things, rationalsm it makes you very weak.