Mark Levin Warns Economy is on the Brink if Spending Isn't Brought Under Control "There's No Way Out"

The Great One said clear as day there is no way out of this mess. Levin prefaces this warning that we need to get control over spending, borrowing, entitlements which you know there is no will to do in DC. Why? Because the big govt junkies and statists who are spending and borrowing like "drunken Marxists" do not care about those who will be left holding the bag. You see these elites are building their wealth at an accelerated rate, loading their coffers so when SHTF they will be okay while the rest of us have to fight for the last loaf of bread!

Don't take my or Levin's word on this, do your homework and you will see many in DC wealth has skyrocketed along with the grip on power. The elites are buying a lot of property and hard assets instead of holding onto cash. They know it's all going to come apart and the system will collapse. I just posted a video of economist and author of "The Death of Money" James Rickards more or less said the same thing. Rickard's says many within the financial sector know the global economy is going to come apart at the seams. Watch what they do, where they put their money and who they are buddying up with. Hey Soros is a bad guy but if you have the means to do what he does with your money you have a heck of a good chance for success!

You have to be wise with your money right now. Buy what you need, save a little longer and buy the better quality item vs the one that is a little cheaper. If you can invest in precious metals, stones and other hard assets, but honestly you're better off investing in brass! You can't eat gold but a cartridge of brass may put some food in your belly!! Prepping isn't just for the hicks in the hills, smart people prepare. Having food stores is not crazy, it's smart because anything can happen. Storms, power outages, massive terror attacks or banks closing could happen tomorrow.

When the money runs out what will you do?

Economist & Author of "The Death of Money" Confirms 'We Are in a Depression'

Economist & Author of "The Death of Money" Confirms 'We Are in a Depression'

Finally an economist who tells the truth! James Rickards is no conspiracy nut or basement blogger, he is a portfolio manager at the West Shore Group, an advisor to the Department of Defense and US intelligence community on international economics and financial threats and he part of the first financial war game at the Pentagon. Rickards appeared on the Glenn Beck Radio Show May 3rd to break down the inevitable economic collapse we are headed for. As you know STR has been arguing for years the US is not in a recovery, never came out of it and has been in a stealth depression. While going over options to avoid economic catastrophe (that just won't happen because of the power elite) Rickards flat out confirmed everything I have been saying and that 'we are in a depression'.

So what?

Well this is just another confirmation of my theories on the state of our economy and the lies being shoveled to the American people on a daily basis.

Many economists have warned when SHTF it will not be anything like the 1930's... it will be much worse! Look at the panic when major storms hit (snow, tornadoes, hurricanes), where store shelves are emptied. If we go to the extreme remember back during Katrina where people had signs asking for help because they were so unprepared. Natural events be it storms, tsunamis or earthquakes have given us plenty of red flags that food, water, fuel, medical aid etc will not be available. In general people should have some preps because anything can happen.

This confirmation should be an alert to Americans to hope for the best but more importantly plan for the worst. Does that mean you clean out your bank account build a bunker, loading it up with survival food and gear? No, but it doesn't mean not to make preparations. In other words be more careful on what you buy and make sure it's what you need and things of quality. Buy an extra can of soup or bottle of water when they are on sale. If you can afford to buy food storage for 3 or 6+ mos then make it happen. Yes, buy a gun (if you don't own one already) get proper instruction and extra ammo because when SHTF the cops will not be there when you need them. Progs don't like this kind of advice but they are the same ones who live in their ivory towers surrounded by a large walls/ fences and have armed security!

Consider James Rickards "testimony" and this post one more warning to the countless ones you have heard that trouble is coming. When? No one knows but isn't it better to be prepared than not?