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83 Numbers From 2013 That Are Almost Too Crazy To Believe

Tyler Durden's picture





 

Submitted by Michael Snyder of The Economic Collapse blog,

During 2013, America continued to steadily march down a self-destructive path toward oblivion.  As a society, our debt levels are completely and totally out of control.  Our financial system has been transformed into the largest casino on the entire planet and our big banks are behaving even more recklessly than they did just before the last financial crisis.  We continue to see thousands of businesses and millions of jobs get shipped out of the United States, and the middle class is being absolutely eviscerated.  Due to the lack of decent jobs, poverty is absolutely exploding.  Government dependence is at an all-time high and crime is rising.  Evidence of social and moral decay is seemingly everywhere, and our government appears to be going insane.  If we are going to have any hope of solving these problems, the American people need to take a long, hard look in the mirror and finally admit how bad things have actually become.

If we all just blindly have faith that "everything is going to be okay", the consequences of decades of incredibly foolish decisions are going to absolutely blindside us and we will be absolutely devastated by the great crisis that is rapidly approaching.  The United States is in a massive amount of trouble, and it is time that we all started facing the truth.  The following are 83 numbers from 2013 that are almost too crazy to believe...

#1 Most people that hear this statistic do not believe that it is actually true, but right now an all-time record 102 million working age Americans do not have a job.  That number has risen by about 27 million since the year 2000.

#2 Because of the lack of jobs, poverty is spreading like wildfire in the United States.  According to the most recent numbers from the U.S. Census Bureau, an all-time record 49.2 percent of all Americans are receiving benefits from at least one government program each month.

#3 As society breaks down, the government feels a greater need than ever before to watch, monitor and track the population.  For example, every single day the NSA intercepts and permanently stores close to 2 billion emails and phone calls in addition to a whole host of other data.

#4 The Bank for International Settlements says that total public and private debt levels around the globe are now 30 percent higher than they were back during the financial crisis of 2008.

#5 According to a recent World Bank report, private domestic debt in China has grown from 9 trillion dollars in 2008 to 23 trillion dollars today.

#6 In 1985, there were more than 18,000 banks in the United States.  Today, there are only 6,891 left.

#7 The six largest banks in the United States (JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley) have collectively gotten 37 percent larger over the past five years.

#8 The U.S. banking system has 14.4 trillion dollars in total assets.  The six largest banks now account for 67 percent of those assets and all of the other banks account for only 33 percent of those assets.

#9 JPMorgan Chase is roughly the size of the entire British economy.

#10 The five largest banks now account for 42 percent of all loans in the United States.

#11 Right now, four of the "too big to fail" banks each have total exposure to derivatives that is well in excess of 40 trillion dollars.

#12 The total exposure that Goldman Sachs has to derivatives contracts is more than 381 times greater than their total assets.

#13 According to the Bank for International Settlements, the global financial system has a total of 441 trillion dollars worth of exposure to interest rate derivatives.

#14 Through the end of November, approximately 365,000 Americans had signed up for Obamacare but approximately 4 million Americans had already lost their current health insurance policies because of Obamacare.

#15 It is being projected that up to 100 million more Americans could have their health insurance policies canceled by the time Obamacare is fully rolled out.

#16 At this point, 82.4 million Americans live in a home where at least one person is enrolled in the Medicaid program.

#17 It is has been estimated that Obamacare will add 21 million more Americans to the Medicaid rolls.

#18 It is being projected that health insurance premiums for healthy 30-year-old men will rise by an average of 260 percent under Obamacare.

#19 One couple down in Texas received a letter from their health insurance company that informed them that they were being hit with a 539 percent rate increase because of Obamacare.

#20 Back in 1999, 64.1 percent of all Americans were covered by employment-based health insurance.  Today, only 54.9 percent of all Americans are covered by employment-based health insurance.

#21 The U.S. government has spent an astounding 3.7 trillion dollars on welfare programs over the past five years.

#22 Incredibly, 74 percent of all the wealth in the United States is owned by the wealthiest 10 percent of all Americans.

#23 According to Consumer Reports, the number of children in the United States taking antipsychotic drugs has nearly tripled over the past 15 years.

#24 The marriage rate in the United States has fallen to an all-time low.  Right now it is sitting at a yearly rate of just 6.8 marriages per 1000 people.

#25 According to a shocking new study, the average American that turned 65 this year will receive $327,500 more in federal benefits than they paid in taxes over the course of their lifetimes.

#26 In just one week in December, a combined total of more than 2000 new cold temperature and snowfall records were set in the United States.

#27 According to the U.S. Census Bureau, median household income in the United States has fallen for five years in a row.

#28 The rate of homeownership in the United States has fallen for eight years in a row.

#29 Only 47 percent of all adults in America have a full-time job at this point.

#30 The unemployment rate in the eurozone recently hit a new all-time high of 12.2 percent.

#31 If you assume that the labor force participation rate in the U.S. is at the long-term average, the unemployment rate in the United States would actually be 11.5 percent instead of 7 percent.

#32 In November 2000, 64.3 percent of all working age Americans had a job.  When Barack Obama first entered the White House, 60.6 percent of all working age Americans had a job.  Today, only 58.6 percent of all working age Americans have a job.

#33 There are 1,148,000 fewer Americans working today than there was in November 2006.  Meanwhile, our population has grown by more than 16 million people during that time frame.

#34 Only 19 percent of all Americans believe that the job market is better than it was a year ago.

#35 Just 14 percent of all Americans believe that the stock market will rise next year.

#36 According to CNBC, Pinterest is currently valued at more than 3 billion dollars even though it has never earned a profit.

#37 Twitter is a seven-year-old company that has never made a profit.  It actually lost 64.6 million dollars last quarter.  But according to the financial markets it is currently worth about 22 billion dollars.

#38 Right now, Facebook is trading at a valuation that is equivalent to approximately 100 years of earnings, and it is currently supposedly worth about 115 billion dollars.

#39 Total consumer credit has risen by a whopping 22 percent over the past three years.

#40 Student loans are up by an astounding 61 percent over the past three years.

#41 At this moment, there are 6 million Americans in the 16 to 24-year-old age group that are neither in school or working.

#42 The "inactivity rate" for men in their prime working years (25 to 54) has just hit a brand new all-time record high.

#43 It is hard to believe, but in America today one out of every ten jobs is now filled by a temp agency.

#44 Middle-wage jobs accounted for 60 percent of the jobs lost during the last recession, but they have accounted for only 22 percent of the jobs created since then.

#45 According to the Social Security Administration, 40 percent of all U.S. workers make less than $20,000 a year.

#46 Approximately one out of every four part-time workers in America is living below the poverty line.

#47 After accounting for inflation, 40 percent of all U.S. workers are making less than what a full-time minimum wage worker made back in 1968.

#48 When Barack Obama took office, the average duration of unemployment in this country was 19.8 weeks.  Today, it is 37.2 weeks.

#49 Investors pulled an astounding 72 billion dollars out of bond mutual funds in 2013.  It was the worst year for bond funds ever.

#50 Small business is rapidly dying in America.  At this point, only about 7 percent of all non-farm workers in the United States are self-employed.  That is an all-time record low.

#51 The six heirs of Wal-Mart founder Sam Walton have as much wealth as the bottom one-third of all Americans combined.

#52 Once January 1st hits, it will officially be illegal to manufacture or import traditional incandescent light bulbs in the United States.  It is being projected that millions of Americans will attempt to stock up on the old light bulbs before they are totally gone from store shelves.

#53 The Japanese government has estimated that approximately 300 tons of highly radioactive water is being released into the Pacific Ocean from the destroyed Fukushima nuclear facility every single day.

#54 Back in 1967, the U.S. military had more than 31,000 strategic nuclear warheads.  That number is already being cut down to 1,550, and now Barack Obama wants to reduce it to only about 1,000.

#55 As you read this, 60 percent of all children in Detroit are living in poverty and there are approximately 78,000 abandoned homes in the city.

#56 Wal-Mart recently opened up two new stores in Washington D.C., and more than 23,000 people applied for just 600 positions.  That means that only about 2.6 percent of the applicants were ultimately hired.  In comparison, Harvard offers admission to 6.1 percent of their applicants.

#57 At this point, almost half of all public school students in America come from low income homes.

#58 Tragically, there are 1.2 million students that attend public schools in the United States that are homeless.  That number has risen by 72 percent since the start of the last recession.

#59 According to a Gallup poll that was recently released, 20.0 percent of all Americans did not have enough money to buy food that they or their families needed at some point over the past year.  That is just under the all-time record of 20.4 percent that was set back in November 2008.

#60 The number of Americans on food stamps has grown from 17 million in the year 2000 to more than 47 million today.

#61 Right now, one out of every five households in the United States is on food stamps.

#62 The U.S. economy loses approximately 9,000 jobs for every 1 billion dollars of goods that are imported from overseas.

#63 Back in 1950, more than 80 percent of all men in the United States had jobs.  Today, less than 65 percent of all men in the United States have jobs.

#64 According to one survey, approximately 75 percent of all American women do not have any interest in dating unemployed men.

#65 China exports 4 billion pounds of food to the United States every year.

#66 Overall, the United States has run a trade deficit of more than 8 trillion dollars with the rest of the world since 1975.

#67 The number of Americans on Social Security Disability now exceeds the entire population of Greece, and the number of Americans on food stamps now exceeds the entire population of Spain.

#68 It is being projected that the number of Americans on Social Security will rise from 57 million today to more than 100 million in 25 years.

#69 Back in 1970, the total amount of debt in the United States (government debt + business debt + consumer debt, etc.) was less than 2 trillion dollars.  Today it is over 56 trillion dollars.

#70 Back on September 30th, 2012 our national debt was sitting at a total of 16.1 trillion dollars.  Today, it is up to 17.2 trillion dollars.

#71 The U.S. government "rolled over" more than 7.5 trillion dollars of existing debt in fiscal 2013.

#72 If the U.S. national debt was reduced to a stack of one dollar bills it would circle the earth at the equator 45 times.

#73 When Barack Obama was first elected, the U.S. debt to GDP ratio was under 70 percent.  Today, it is up to 101 percent.

#74 The U.S. national debt is on pace to more than double during the eight years of the Obama administration.  In other words, under Barack Obama the U.S. government will accumulate more debt than it did under all of the other presidents in U.S. history combined.

#75 The federal government is borrowing (stealing) roughly 100 million dollars from our children and our grandchildren every single hour of every single day.

#76 At this point, the U.S. already has more government debt per capita than Greece, Portugal, Italy, Ireland or Spain.

#77 Japan now has a debt to GDP ratio of more than 211 percent.

#78 As of December 5th, 83 volcanic eruptions had been recorded around the planet so far this year.  That is a new all-time record high.

#79 53 percent of all Americans do not have a 3 day supply of nonperishable food and water in their homes.

#80 Violent crime in the United States was up 15 percent last year.

#81 According to a very surprising survey that was recently conducted, 68 percent of all Americans believe that the country is currently on the wrong track.

#82 Back in 1972, 46 percent of all Americans believed that "most people can be trusted".  Today, only 32 percent of all Americans believe that "most people can be trusted".

#83 According to a recent Pew Research survey, only 19 percent of all Americans trust the government.   Back in 1958, 73 percent of all Americans trusted the government.

So do you have any numbers from 2013 that you would add to this list?

 


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Tue, 12/17/2013 - 21:29 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

#84 We ain't seen nuttin' yet when it comes to the manipulation of economic numbers.

<Sadly I wish this weren't true. If you think it's bad, it most likely is much worse.>

Tue, 12/17/2013 - 22:08 | Link to Comment Renewable Life
Renewable Life's picture

Good luck with that "man in the mirror" concept, that might have made a nifty jingle for MJ back in the day, but it runs 100% contrary to human nature and especially American culture!

Interspection.......are you fucking serious, we have a better chance with Krugman's alien invasion theory (the non-human type), then that shit!

Look around this holiday season as you sit at the app table grazing away, and tell me how many of those "coworkers" and family members are ready to take a fucking "look in the mirror" and admit a fucking thing about themselves or the "situation" were all in????? LMFAO

Tue, 12/17/2013 - 22:26 | Link to Comment chubbar
chubbar's picture

Damn tootin! +1

Wed, 12/18/2013 - 07:02 | Link to Comment negative rates
negative rates's picture

We have met the enemy, and it is us.

Wed, 12/18/2013 - 01:31 | Link to Comment HardAssets
HardAssets's picture

Damned right !  Not only do they not look in the mirror - - -they get damned pissed off when you try to hold the mirror up to them.

I actually dread the upcoming holiday family get together this year. Its painful being around so may 'adults' who insist on 'thinking' like children. They don't know what's going on in their country . . . and they don't want to know.

Bring up NFL football . . . and then you'll get their attention.

Wed, 12/18/2013 - 12:42 | Link to Comment Hayabusa
Hayabusa's picture

HardAssets is RIGHT!  We reside in a society of dumb-downed ostriches who prefer to stick their heads in the sand, are obsessed with sports and "reality TV" and in general don't have a friggen clue about what's really going on in their country... and don't want to know.  Our "leaders" have it figured out... give them bread and circuses as a distraction and they won't feel inclined to dig in, ask questions and collectively put a halt to QE, war mongering, the entitlement mentality/spending, etc.

Wed, 12/18/2013 - 01:14 | Link to Comment Lost My Shorts
Lost My Shorts's picture

Speaking of manipulation ... bloggers are not immune who make their living from promoting pessimism and doom.  For example, this one.

"right now an all-time record 102 million working age Americans do not have a job"  Not.  Mr. Snyder makes what you might call a rookie mistake if he were a rookie -- including retirees in the category of "working age Americans."  The number he cites (see for your self, follow the links) includes Americans age 16 and over who are not employed.  Which obviously includes retirees.

Of course, it is worrisome that 91 million people age 16+ are classified as not in the labor force, vs. 155 million who officially are.  The latter have a heavy load to carry.  And yes, some of the 91 million are really in the labor force, but just not counted because they gave up looking for jobs.  But most of the 91 million are still retirees,

Wed, 12/18/2013 - 01:25 | Link to Comment Savyindallas
Savyindallas's picture

most of these "retirees" would be working if they could find a job that paid more than their social security. As a labor lawyer, I see how older people get involuntarily retired  -not withstanding the Age Discrimination in Employment Act.

Wed, 12/18/2013 - 11:21 | Link to Comment Cleveland Steamer
Cleveland Steamer's picture

Yes, they are retiring with the huge amounts of $ the boomers saved for retirement. The older people are doing so well, I can't believe any of them are still working.

 

http://www.usatoday.com/story/money/columnist/brooks/2013/01/28/retire-debt-crisis-retirement-boomers/1840225/

 

Wed, 12/18/2013 - 12:48 | Link to Comment luigi1111
luigi1111's picture

I don't think #22 is impressive at all. 10% hold 74% of wealth? I would have guessed things would be far more skewed than that, like 5% hold 90%.

 

This isn't even far from the 80/20 rule.

Tue, 12/17/2013 - 21:29 | Link to Comment socalbeach
socalbeach's picture

0

Number of Michael Snyder articles that begin without a number.

Tue, 12/17/2013 - 21:29 | Link to Comment fonzannoon
fonzannoon's picture

#2 Because of the lack of jobs, poverty is spreading like wildfire in the United States.  According to the most recent numbers from the U.S. Census Bureau, an all-time record 49.2 percent of all Americans are receiving benefits from at least one government program each month.

 

This stat does not equate to poverty. I see these people around me every day in every way. Most of them are doing pretty decent.

Wed, 12/18/2013 - 01:16 | Link to Comment PrecipiceWatching
PrecipiceWatching's picture

Yeah, that one caught my eye as well.

 

Generations past would laugh uproariously at the 2013 American defintion of "poverty".

Sure, some of these lazy parasites would  experience true poverty if the criminal, thieving government wasn't supporting their useless, attitude-filled asses with our money.

 

Tue, 12/17/2013 - 21:30 | Link to Comment thomasincincy
thomasincincy's picture

In Cuba, you get one egg per week to eat

Tue, 12/17/2013 - 22:08 | Link to Comment nobodyimportant
nobodyimportant's picture

I wonder what politicians taste like?

Tue, 12/17/2013 - 22:46 | Link to Comment WillyGroper
WillyGroper's picture

Chicken.

Tue, 12/17/2013 - 23:47 | Link to Comment GeezerGeek
GeezerGeek's picture

With the occasional chicken hawk thrown in.

Wed, 12/18/2013 - 01:37 | Link to Comment Jam Akin
Jam Akin's picture

Heard a reliable word that they taste like shit.

Wed, 12/18/2013 - 01:24 | Link to Comment Savyindallas
Savyindallas's picture

My dog would enjoy them. She'll eat anything. I don't think I could let my dog kiss me after that though.

Tue, 12/17/2013 - 21:31 | Link to Comment vegas
vegas's picture

Number 84; that President Goebbels still has a 37% favorable rating. WTF is wrong with you? Daffy Duck could do a better job.

 

http://vegasxau.blogspot.com

Tue, 12/17/2013 - 22:12 | Link to Comment Zero Point
Zero Point's picture

Daffy's even black, so he'd actually be a half PC step ahead of the present cartoon POTUS.

Wed, 12/18/2013 - 07:19 | Link to Comment Snoopy the Economist
Snoopy the Economist's picture

O could fix things if it were his goal - obviously it's not his goal.

Tue, 12/17/2013 - 21:35 | Link to Comment Incubus
Incubus's picture

burn motherfucker, burn!

Tue, 12/17/2013 - 21:33 | Link to Comment bobert
bobert's picture

POTUS should appoint a new government commission to study this matter.

Tue, 12/17/2013 - 22:45 | Link to Comment Ralph Spoilsport
Ralph Spoilsport's picture

#85:

91% - percentage of ZH readers already fed up with end-of-year number lists and it's not even Christmas yet.

Tue, 12/17/2013 - 21:39 | Link to Comment JamesBond
JamesBond's picture

Reading yet another 'list' article almost makes me yern for a bitcoin post....

 

 

jb

Tue, 12/17/2013 - 21:39 | Link to Comment yabyum
yabyum's picture

How much (if any ) of that 49.2% is social security?

Tue, 12/17/2013 - 21:47 | Link to Comment Matt1973
Matt1973's picture

Define the poverty cited here...what just one SUV? 

Tue, 12/17/2013 - 22:08 | Link to Comment Matt1973
Matt1973's picture

How many are just lazy?...whoa, just went way over 49M.  Garbage,

Tue, 12/17/2013 - 21:54 | Link to Comment Occams_Chainsaw
Occams_Chainsaw's picture

I just saved $100 dollars with Geico....

 

Oh sorry....All your (whatever the fuck you own) are belong to us.......

Tue, 12/17/2013 - 22:06 | Link to Comment WTFUD
WTFUD's picture

Smartass comments have no place here. Living in denial is a luxury we can't afford.

Tue, 12/17/2013 - 22:14 | Link to Comment Radical Marijuana
Radical Marijuana's picture

As usual with a Snyder article, I agree with the view that "our government appears to be going insane," BUT, I disagree with the view that is due to "the consequences of decades of incredibly foolish decisions." The driving mechanisms behind the government apparently "going insane" was that the methods of organized crime have been successfully applied to take control over the government.

These things did NOT happen due to "incredibly foolish decisions." Actually, there were brilliantly executed, persistent applications of the methods of organized crime, in order to covertly take control of the powers of government, and for that then to runaway to automatically become more complete. Just as there NEVER was any point in previous American history, during the last Century or so, when the American people could actually stop their government from being taken over by the triumphant application of the methods of organized crime, which automatically became a positive feedback loop, where the profits from legalized frauds could then be reinvested in more frauds, through the political processes, so that the final results of that are such as those 83 points listed above, there are still NO real ways that the American people can stop that runaway triumph of organized crime operating through their government.

Furthermore, I would emphasize that the kind of superficial perception of those problems, presented by people like Snyder, are one of the reasons why the American people can not cope with their government having been taken over by organized crime. What has really happened is that the powers of government are themselves based on the history of organized crime on a large scale, which is called warfare. The history of warfare created states which assert the power to rob, (tax) and the power to kill, (law enforcement.) That history continued to play through as the best organized gang of criminals, the international bankers, who are appropriately called the banksters, because they are the biggest gangsters, were able systematically take control over the public money supply, and then to leverage that up to take control of the funding of pretty well all social institutions, such as the public school system, and the mass media.

Therefore, most of these 83 points trace back to the ways that the power to rob, and the power to kill to back up that robbery, have been privatized. The banksters, and the corporations that grew up around them, have taken over the powers of government, which are supposed to be based on We the People, in ways that have enabled those powers to rob the People blind. However, there are no genuine solutions to those problems to be found in any of the old-fashioned false fundamental dichotomies, and related impossible ideals. As long as there continues to be a false fundamental dichotomy between government versus organized crime, then that is the wrong way to think about these problems. As long as the solutions proposed are still based on those false fundamental dichotomies, as expressed through impossible ideals, then those are guaranteed to continue to backfire, and actually make the opposite happen in the real world!

I totally agree with Snyder that "If we are going to have any hope of solving these problems, the American people need to take a long, hard look in the mirror and finally admit how bad things have actually become."

However, the most important thing to understand when looking into that Bizarro Mirror World is that everything one sees in a mirror is proportionately BACKWARDS. The degree to which we perceive the world BACKWARDS, but do not understand that, goes deep into the philosophy of science, as well as runs throughout political science.  Most of the progress that was made in other sciences, and their related technologies, came from profound paradigm shifts, which perceived unitary mechanisms, to replace the previous false categorization into false dichotomies. We should develop similar kinds of thinking using unitary mechanisms within political processes.

NONE OF AMERICA'S PROBLEMS COULD BE BETTER RESOLVED UNLESS ENOUGH AMERICANS WERE TO ACCEPT GOING THROUGH THE LOOKING GLASS MIRROR, AND FINALLY ADMIT THAT GOVERNMENT IS ORGANIZED CRIME, CONTROLLED BY THE BEST ORGANIZED GANG OF CRIMINALS. Nothing about the monetary system could be improved unless enough Americans were to understand and accept that money is measurement backed by murder, and that it is not possible for money to ever be anything else.

THINGS ARE WAY, WAY WORSE THAT GUYS LIKE SNYDER ADMIT! Indeed, our real problems are actually trillions of times worse than anything I have ever read about in one of Snyder's articles, because he keeps on presenting the apparent runaway insanity of the government as being due to foolish decisions, rather than due to the covert triumph of organized crime.  Paradoxically, what guys like Snyder are doing is NOT fully accepting that things "Are Almost Too Crazy To Believe." IN FACT, THEY ARE REALLY MUCH, MUCH MORE CRAZY THAN THAT!

FURTHERMORE, THE ONLY RESOLUTIONS OF THOSE KINDS OF PROBLEMS, ONE WAY OR ANOTHER, SOONER OR LATER, WILL REQUIRE GOING BEYOND THE FRAME OF REFERENCE OF THE DOMINATE POLITICAL PARADIGMS THAT CREATED THOSE PROBLEMS IN THE FIRST PLACE!

Tue, 12/17/2013 - 22:15 | Link to Comment Matt1973
Matt1973's picture

Nice cut & paste

Tue, 12/17/2013 - 22:25 | Link to Comment bobert
bobert's picture

And "organized crime" is a tool in the hand of.....?

Wed, 12/18/2013 - 01:19 | Link to Comment Savyindallas
Savyindallas's picture

Nice article  -now who is "organized crime"? Until we are honest about who these gangsters are-there is no solution to getting rid of them.

Tue, 12/17/2013 - 22:12 | Link to Comment rwe2late
rwe2late's picture

Job loss. Outsourcing. So, what's the solution?

Well, the corporatocracy has a plan:

put NAFTA on Steroids,

with three “Secret” Concurrent “Free Trade” Deals:

the TPP, the TTIP and CETA

http://www.globalresearch.ca/nafta-on-steroids-can-the-tpp-and-the-ceta-...

Tue, 12/17/2013 - 22:23 | Link to Comment starfcker
starfcker's picture

pat buchanan for president

Tue, 12/17/2013 - 22:39 | Link to Comment nobodyimportant
nobodyimportant's picture

Ugh!  Rather have Putin.

Wed, 12/18/2013 - 01:12 | Link to Comment Savyindallas
Savyindallas's picture

I like pat Buchanann  and Putin  -  I also like Ralph Nader, Cynthia mcKinney, Chuck baldwin   - or any third party candidate not owned by the establishment. I also love Ron paul  -and will support rand

Tue, 12/17/2013 - 22:18 | Link to Comment TheRideNeverEnds
TheRideNeverEnds's picture

So do you have any numbers from 2013 that you would add to this list?

 

Days JPM lost money trading in 2013: Zero (0)

Tue, 12/17/2013 - 22:27 | Link to Comment Matt1973
Matt1973's picture

Snyder writes about economic collapse...but buy his book, so he makes $ just in case it does happen

>>>> U people r easy to scam

 

Tue, 12/17/2013 - 22:35 | Link to Comment Jack Burton
Jack Burton's picture

A small point, but a number of these facts are dead wrong, and a number of others are really just meaningless given the numbers used or the comparisons made. That said, there are enough real hard figures to show how  fucked the real economy is.

I would like to know the day the USA military deployed 31,000 strategic nuclear warheads for an example. Even adding tactical nuclear weapons that figure is over the top. Too many others make false or dubious comparisons and sets numbers into time frams designed to change perceptions. This is nothing new in America, as figures are the new lie. Any figures can be crafted to give certain impressions.

It would have been more honest to stick with maybe ten clearly true and serious numbers that show the death of main street America.

Tue, 12/17/2013 - 23:30 | Link to Comment acetinker
acetinker's picture

Yeah Jack, lies, damn lies and statistics.  That said, it kinda frosts my balls that Snyder et. al keep pointing out how much worse things have gotten under Obama.  Don't get me wrong, Obama's an elite tool, and I have my own theories on how seemingly well-meaning doofuses turn out to be usurpers- but that ain't why I replied to you.

The now hyperbolic increase in the national debt was baked in the cake almost exactly 100 years ago.  It is disingenuous at best, and deliberately misleading at worst, to lay the blame solely at the feet of the current puppet in the oval office.

What say you?

Wed, 12/18/2013 - 01:10 | Link to Comment drendebe10
drendebe10's picture

I say the responsibility of our country always is on the back of the man @ the top twhich today is a pathological lyung, arrogant nnarcissistic illegal alien muslim who plays golf while the country economy burns. Regardless of the past, the guy in charge has the responsibility to protect and defend the constitution and the responsibilities that go along with that to protect the country ftom all enemies, foreign and domestic. Any leader who doesnt should be impeached. On second thought, skin sandpapered off and buried in salt sounds more appropriate. 

Wed, 12/18/2013 - 02:00 | Link to Comment acetinker
acetinker's picture

I don't normally pull rank, but you've been here for 11 weeks?  You're gonna find a very kind and nurturing community here.  I did.

That said, your reply indicates you're going to require a shitload of kind nurturing.  Additionally, you're gonna get your ass handed to you by members who are only slightly more informed than you.  Settle in, relax and most of all, realize that that there have been many who have tread this path before you.  You are not a Pioneer.

I too, am merely following the path of those who went before me.

Just show some respect.  That is all.

Tue, 12/17/2013 - 22:38 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

Number of ZH'ers that will stand up to do something - zero.

They're all waiting for the world to burn...

Tue, 12/17/2013 - 22:38 | Link to Comment Matt1973
Matt1973's picture

I'm watching War of the Worlds on HBO...can't tell the difference from this article

Tue, 12/17/2013 - 22:45 | Link to Comment Jack Burton
Jack Burton's picture

Oh, given that we are giving out serious numbers, I would offer up the latest figures coming out of the arctic far north and tundra regions. Methane readings, CO2 readings, ice volumes, water temperatures, land temperatures and perma fronst melt rates are now so off the scales as to shock the fuck out of me, and I am not afraid to claim that I have taken a worst case scenario as the most likley case for climate change.

A recent fly over of the Canadian Tundra in the far north was producing methane and CO2 concentrations that would be measured if the aircraft made a fly over of Bejing, New York or London. This thousands of miles from an urban center. The Russian measurements of methane plumes off their Siberian coast are just off the scale. From near background 4 years ago they have exploded. And right now the entire Siberian north is in a record heat wave.

As I know the response to climate science here on ZH, I will just say I am not afraid of my opinions, nor to make them public. I can only say that if you look up the new measurements, and google can do this for you, you will see what I refer to.

As for calling me a liberal fuck head, be my guest. I don't go in for name calling when I post, so feel free to just let the worst of the worst throw shit at me. In the long run, I no longer have any doubts about the fate of climate, fuck, these new numbers are beyond anything I thought I would see in my life time.

 

Tue, 12/17/2013 - 22:54 | Link to Comment A Lunatic
A Lunatic's picture

Jack, I've always wanted to say this but the timing was never right until now (even though it still seems akward) I just love what you have done with your hair. There, I said it. I feel better now......

Wed, 12/18/2013 - 01:15 | Link to Comment shutdown
shutdown's picture

It's expanding because it's winter. Sheesh. 

Wed, 12/18/2013 - 05:21 | Link to Comment Incubus
Tue, 12/17/2013 - 22:58 | Link to Comment Ralph Spoilsport
Ralph Spoilsport's picture

Wish you were right. The sun is fizzling out and we're headed into another mini-ice age. Brrrr.

http://www.nasa.gov/topics/solarsystem/features/solar_minimum09.html

http://www.newscientist.com/article/dn24512-solar-activity-heads-for-low...

Wed, 12/18/2013 - 07:24 | Link to Comment negative rates
negative rates's picture

That's an easy fix, just move the Earth closer to the sun, and once you get to mercury and the torch fades, just pack up the plantation and move to the nearest star and begin the search for utopia all over again. Yes people, you have been bad for a very, very long time. Which is why we know exactly where we are in current human history, going to hell in a hand basket.

Tue, 12/17/2013 - 23:08 | Link to Comment TheRideNeverEnds
TheRideNeverEnds's picture

I dont think anyone with knowlege of the subject disputes the fact that the climate is changing.  Thinking the climate and the planet is a static thing is downright foolish.  They dispute whether or not giving Al Gore and the like millions of dollars, milking the plebes for their wealth and doing things like taxing carbon / banning regular lightbulbs will stop events that have been occuring regularly for millions and millions of years, even prior to the existence of the first known life on this planet.

 

Its is a fact that the earth is fast approaching  (on a geological time scale) another extinction level event.  

 

The lack of space colonization tells me that the elite are planning to rely on their arctic seed banks and underground cities to ride it out while the rest die off.  

Thu, 12/19/2013 - 07:58 | Link to Comment Incubus
Incubus's picture

space colonization starts in the next cycle.

 

We didn't get lucky.  We get mad max on ice instead of Star Trek.

Wed, 12/18/2013 - 01:12 | Link to Comment PrecipiceWatching
PrecipiceWatching's picture

I'm having a weekend backyard tire fire in honor of your propagandizing, self-serving "climate science" bullshit.

Wed, 12/18/2013 - 02:19 | Link to Comment acetinker
acetinker's picture

Jack, I used to think you rational.  The east coast of N. America is gettin' hammered by an alberta clipper just now.  Siberia is warm, huh?  Whyn't move there then Jack?  And IF, even IF, the global average temp is increasing, it is beyond presumptuous of you and your ilk to assert that humans are causing it.  Idiot.

Tue, 12/17/2013 - 22:47 | Link to Comment GeezerGeek
GeezerGeek's picture

83 numbers.

100 charts.

12 days of Christmas.

How about just ONE of something?

Can someone please give me just ONE stock that is guaranteed to double my money in 2014?

One! Is that too much to ask?

Wed, 12/18/2013 - 05:41 | Link to Comment CHX
CHX's picture

There is no "guaranteed" for anthing but eventual death. Buy a can of sardines now, and one in January, and your stock of sardines will have grown 100% by the end of next year (assuming you have none now, and that you don't eat any and just "sit tight and be right", and survive 2014, of course). That should do the trick.

Tue, 12/17/2013 - 22:47 | Link to Comment A Lunatic
A Lunatic's picture

I looked in the mirror. I saw what I had become; an honest, hardworking, respectful, family and community oriented guy dedicated to a lifetime pursuit and defense of Life, Liberty, and Happiness both for myself and others. Maybe I'm un-American or something..........

Tue, 12/17/2013 - 22:56 | Link to Comment Goldilocks
Goldilocks's picture

...and perhaps a terrorist to boot (sort-a-speak)

Tue, 12/17/2013 - 22:58 | Link to Comment Matt1973
Matt1973's picture

Then you have no business on this site, sir

Tue, 12/17/2013 - 23:06 | Link to Comment stormsailor
stormsailor's picture

me too, boy are we screwed...........

Wed, 12/18/2013 - 10:57 | Link to Comment TuPhat
TuPhat's picture

I looked in the mirror and I just looked older.  Someone else will have to be the true patriot and save the country.  I thought I could help in '71 and joined the Army.  How wrong that was.  The mirror is not kind to me.

Thu, 12/19/2013 - 02:01 | Link to Comment Kprime
Kprime's picture

damm oobbummer is goood.  Only took a digger 8 years to do what it took crackers 210 years to do. Them kenyan diggers are better than those born in detroit or camdem.  8+ trillion, Thass a lotta choclate milk.

 

Diggers, "those who shuvle shit".  Odumba may be bending the debt curve exponentially, but he hasn't twerked the bell curve in the least.

Tue, 12/17/2013 - 22:59 | Link to Comment PFO
PFO's picture

Hey Dawgs,

Boy the corrupter/nuttier it gets the more these guys seem to be on the right track:

www.mej.com

Regards,

PFO

Tue, 12/17/2013 - 23:09 | Link to Comment are we there yet
are we there yet's picture

It will take more than Monica Lowinski to fix this corrupt DC circus.

Wed, 12/18/2013 - 05:34 | Link to Comment CHX
CHX's picture

True that. In time you'll have a lot of people swalling.

Tue, 12/17/2013 - 23:41 | Link to Comment Manic by Proxy
Manic by Proxy's picture

87% of Murkins have no working knowledge of statistics and the other half simply don't care.

Tue, 12/17/2013 - 23:52 | Link to Comment stormsailor
stormsailor's picture

when you come to a fork in the road, take it

Wed, 12/18/2013 - 00:14 | Link to Comment honestann
honestann's picture

But don't run over it, cuz you might get a flat tire!

Wed, 12/18/2013 - 00:07 | Link to Comment The Wisp
The Wisp's picture

So I guess it's Just a little too Late to Put a Buy American  Bumper sticker on my car..

  Just Saying......  Sarc\

Wed, 12/18/2013 - 00:53 | Link to Comment neidermeyer
neidermeyer's picture

It's not too late for a "WIN" sticker...

Wed, 12/18/2013 - 03:38 | Link to Comment damicol
damicol's picture

Bollox obummers dick is actually only 2 and a half inched fully erect

Wed, 12/18/2013 - 08:19 | Link to Comment eddiebe
eddiebe's picture

Thanks, now I really feel like shit!

Wed, 12/18/2013 - 09:42 | Link to Comment d edwards
d edwards's picture

Several of these articles have a common theme: that the real economy is shit but "everyone wants to believe things will be OK" (to paraphrase.)

 

Sounds like a massive state of denial.

Wed, 12/18/2013 - 09:39 | Link to Comment ncdirtdigger
ncdirtdigger's picture

is it so unthinkable that a family that employes the most number of americans, has more wealth that the 35% that have lived their entire life in section 8 housing, waiting for the SNAP card to get refilled?

Wed, 12/18/2013 - 14:23 | Link to Comment drdolittle
drdolittle's picture

It is if the taxpayers subsidize their businesses, roads, snap cards, welfare money for their workers, freeway exits right there, tax breaks to run mom and pop IGA type businesses out of town. Yep, it is

Wed, 12/18/2013 - 09:58 | Link to Comment insanelysane
insanelysane's picture

#43 It is hard to believe, but in America today one out of every ten jobs is now filled by a temp agency.

It seems to me that this number is low.  I would have guessed 2 or 3 in 10 are temp.

Wed, 12/18/2013 - 10:01 | Link to Comment Inspector Bird
Inspector Bird's picture

#84.  100% of all list articles are just cobbling together information in an attempt to pass along 'information' but are missing the mark entirely because they lack any kind of deeper analysis.  

Wed, 12/18/2013 - 10:59 | Link to Comment 22winmag
22winmag's picture

That is the definition of "news aggregator".

 

The Economic Collapse Blog is a third rate news aggregator (virtually no original material or editorial content) while ZH is a first rate news aggregator.

Wed, 12/18/2013 - 11:03 | Link to Comment TuPhat
TuPhat's picture

#85 Reading the comments is more interesting than reading 100% of all list articles.

Wed, 12/18/2013 - 12:08 | Link to Comment kenezen
kenezen's picture

Very GOOD!

Wed, 12/18/2013 - 14:16 | Link to Comment Sufiy
Sufiy's picture


For us here the Number Too Crazy to Believe is on the chart above, when Bitcoin has reached parity with heavily manipulated Gold. Now, while Central Banks around the world are busy busting Bitcoin Bubble, trying to kill the idea of any competition, it is very important to look at the big economic picture.    Why Bitcoin was spreading like a wildfire even before it was hijacked by speculators and Pump and Dump crowd? Central planners can not pretend for much longer, that have have found the solution for internal youth by just printing more money. Everybody will be running for the hills in the end and China buying record amount of Gold this year and building its escape route from the dollar monopoly is the most important outcome of Currency Wars this year. U.S. is already busy warming up the Cold War style diplomacy between Japan and China. Bitcoin Bubble will be busted into the ground, but the idea will survive and System will be challenged again. We hope that the next step will be the New Currency backed by Gold.  http://sufiy.blogspot.co.uk/2013/12/michael-snyder-83-numbers-from-2013....

Wed, 12/18/2013 - 20:03 | Link to Comment Youri Carma
Youri Carma's picture

"#6 In 1985, there were more than 18,000 banks in the United States. Today, there are only 6,891 left."

Last year (2012) 51 banks failed, compared with 92 in 2011, 157 in 2010 and 140 in 2009.

24th Bank Failure For 2013 - FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

2013 on track to see fewest bank failures since 2007
16 December 2013, by Ruth Mantell (MarketWatch)
http://blogs.marketwatch.com/capitolreport/2013/12/16/2013-on-track-to-s...

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