Will The US Economy Collapse In 2016? Predictions And Preparations
By Eric Blair
ActivistPost.com
JANUARY 1, 2016
Is 2016 the year our financial system fully collapses?
It seems like the alternative media always predicts that an economic collapse is coming. In many ways we’ve been right, but in many ways we’ve been wrong. Sure, mathematically, the debt-based monetary system is headed for disaster, and clearly certain parts of the economy are already experiencing major declines. However, we have to admit that our breathless annual predictions of a major economic collapse have been wrong.
I guess it all depends how you define economic collapse. The oil industry is currently experiencing a collapse. Brick and mortar retail is in collapse. Fast food is also hemorrhaging. And financial institutions are shedding jobs faster than ever. If you’re in one of these fields, you probably feel like the collapse is happening all around you.
Yet the value of the dollar remains relatively stable (for now) and parts of the US economy continue to grow. For example, Amazon’s revenue grew 23% in the last quarter, Star Wars is setting global records in theaters and with licensed merchandise, organic food is crushing it, and services like Uber and Airbnb are exploding. And of course the businesses of medicine, war, and policing always seem to be booming.
My point is that the economy always has winners and losers. Collapse or no collapse, there will be some industries that are contracting while others are expanding. Our duty is to identify the pitfalls and opportunities in the current climate to position ourselves to survive and thrive.
Economic Prediction for 2016
The Rest…HERE
