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A Global Economic Collapse Approaching




Since 2008, the situation of the global economy has rather worsened than improved.

Austerity and stimulation measures haven't had the desired effect and, although the affected countries are struggling to revive their economies, the outlook is still grim. Many renowned experts are pessimistic about the recovery and are speaking about a global economic collapse, rather than just an economic downturn in the Western World.

Experts warn of a major economic collapse coming. The USA, the EU will be the first among the affected, but they will drag much of the rest of the World into the pit.

The economic crisis will occur due to the current financial crisis worsening. This might lead to further, humanitarian, political and potentially others crises.

Owning paper money will be a disadvantage, only precious metal holding can help you overcome great economic collapse. It is coming, the top experts of the World know it and they've been speaking about it more and more in the past 3 years.

This crisis will strongly affect the value of the Euro and the US dollar. Other currencies will be dragged down as well. Follow the news, watch CNN, Bloomberg, follow key economic indicators and most importantly: monitor the price of gold!

But why will the 2008 economic crisis lead to a financial collapse?

And why, how will this affect the whole World?

Let's see, step by step, by key issues...



How the 2008 Crisis is Becoming Global by 2012-2013...


Causes of the currently unwinding global economic crisis are various. The roots can be found in excessive spending and the irresponsible use of income obtained during the years of increase.

Nevertheless, economic prosperity could not be maintained forever. Nothing can grow forever.

As a paradox, experts say, economic growth attracts economic decline. The more a country earns, the more it starts investing and the more the expenses rise for future periods.

A good example is the fact that any nation experiencing growth quickly invests in developing or further modernizing its infrastructure. The construction industry booms, but when people build new buildings, they create more power lines, the poor move into modern homes, large shopping malls and luxury hotels start appearing. Thus, the consumption also increases. More buildings mean more power and maintenance-related expenditures. For that, more growth is necessary.

Endless economic growth is not possible.

Plus: we always measure a country's economic prosperity by looking at its GDP growth. And this growth is always compared to previous quarters, years.

Countries in the EU and the USA have suffered most due to the economic crisis, which started in 2008.

In the west, we have been living in a modern, 3rd sector-driven economy, dominated by speculative activities.

The Western market economy model is based on consumption, thus increasing the risk of debt.

Growth stimulates consumption, which drags along expenses, which requires more growth and so on. Eventually a bubble gets created, which will burst (the start of the crisis).

The accumulation of debt happened both on the side of the general population, on the side of companies and also in case of states. So much debt has accumulated and so many companies and states have overspent that some countries have sunk into deep budget deficits. Ireland, Iceland, Hungary, Italy, Spain, Greece and Portugal were among the first.

Hundreds of banks went bankrupt across the USA, the UK and various EU countries.

At strong signs of bankruptcy, people rushed to their banks to withdraw their savings, which is not only technically impossible, but has also sped up the crash. This is what is predicted to happen during the coming period.

The collapse will conjugated effect of multiple factors: the real estate bubble (which burst), the US mortgage and credit crises, the western countries' budget deficits (several countries are nearly bankrupt), the increase of the price of oil, the increase of joblessness, social security crisis (in the US, the retirement of the "baby boomer generation" is a known fact) etc.

Today, the gloomy outlook predicts further sinking into debt, instead of recovery. If there is recovery, it is local, limited to a few countries.

Greece is an example for what could happen in other countries in Europe and potentially in the USA. Are you prepared?



Inflation, Hyperinflation


Inflation is a high risk during this period. It will affect the US dollar and the euro by drastically reducing their value.

The money's value will decrease, prices will skyrocket and your salary, bank deposits will be a "joke" following a collapse. Paper money can lose much of its value from one day to another, while bank deposits aren't in your hand, they are pure digital holdings, also subject to crash.

Potentially, hyperinflation can happen, which could mean that you will be paying hundreds, thousands or billions of dollars just to buy a single bread!

It's not a horror story, it is bound to happen. Key economic indicators and experts are telling us, but most of us are not taking measures to ensure financial safety for ourselves and our loved ones.

The case of Weimar Germany during the period between the two World Wars, the case of Hungary after the Second World War or the recent cases of the Argentine economic crisis, the Iceland crisis are examples of what could happen to the USA and the whole of Europe.

Perhaps the best example is the hyperinflation in Zimbabwe. In 2007, they still had 1 dollar bills, but in 2008 they were already using trillion dollar bills!

Experts are warning that both the US dollar and both the European Union are threatened by hyperinflation.

Paper money, bank accounts won't have the same value in 1-5 years from now. It's a certainty, it's only a matter of time until your paper money's value gets closer to the value of toilet paper.

The only solution against paper money risk, loss of bank deposits (due to bank crash) is to hold precious metals.





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