Is the economy getting better ? Well, that's the trillion dollar question.
And if you think that the world economy suffered in 2011, it behooves you to know that the coming year of 2012 will suffer just as much, if not more.
Both Europe and the United States are now dealing with unprecedented problems in debt, there are more wild fires in the finance markets than ever, serious welfare programs are being implemented worldwide, and basic commodities like food and gas have skyrocketed prices as a whole.
Perhaps most importantly consumers are growing more and more wary as they speculate what more can happen to make things worse.
Unfortunately our fears may become validated in short order.
Analysts fear that there is a "perfect storm," so to speak, on the horizons.
The once unlikely fear that 2012 could be the infamous economic apocalypse is starting to look more and more like a possibility each day.
However still, no matter how ill-advised, many are nursing the hope that somehow the world economy will make a miraculous recovery.
Citizens from all over the globe still harbor the hope that our leaders can do something to prevent the world economy from crumbling in the coming year.
Unfortunately the hallmark of these types of conversations are speculation and conjecture.
For the time being we have more practical concerns, and straight forward questions that demand straight forward answers.
Is the economy getting better? The truth is that for now, things are not looking good.
It seems we are following, almost to a "T", the pattern that past economies have followed before their imminent collapse.
For brief periods the economy becomes relatively stable, and then it starts to become unglued once more; this pattern repeats for some time until, alas, we can no longer put humptey-dumptey back together again.
Soon following these fruitless efforts another financial crises shortly ensues.
Sad to say, though, in the event that 2012 becomes an economic catastrophe, it will not be the rich who will suffer most.
The harshest of pain will be felt by the poor, homeless, unemployed and those who are suffering already.
These are the people in our nation who are the most ill-prepared for such a disaster.
Although many fear it, there are actually many signs the economy is not getting better and that we are heading for the much heralded financial doomsday of 2012.
Here are some of the key factors influencing the meltdown.
• In 2008, the world witnessed major rioting because of the hike in food prices.
This time, it is happening once again.
Last July, global food costs were 33% higher compared to how they were a year ago.
• "Misery Index" or inflation plus unemployment of the United States just hit 28-year high and majority believes that this will continue to go higher.
• There is an alarming disappearance of the rate of the United States' jobs for the working class.
In 1967, about 97% of men who have a degree in high school ages 30 to 50 had their jobs.
As of now, 97% became 76% • The consumer confidence in the United States is now in its lowest level within 30 years.
• A recent survey has revealed that 9 of 10 workers in the United States are not expecting their wages to be able to carry on the increasing prices of all basic like gasoline and food in the next coming year.
• At this time, an unsurpassed record of 45.
8 million United States citizens are using food stamps.
It just too unimaginable to think that the world's biggest economy has a lot of individuals who depend on their government just so they can eat.
The bottom line is that weather we are headed for a double dip recession or a wholesale economic meltdown you need to be prepared.
While you may ask yourself is the economy getting better, perhaps a better question is, are you prepared?
And if you think that the world economy suffered in 2011, it behooves you to know that the coming year of 2012 will suffer just as much, if not more.
Both Europe and the United States are now dealing with unprecedented problems in debt, there are more wild fires in the finance markets than ever, serious welfare programs are being implemented worldwide, and basic commodities like food and gas have skyrocketed prices as a whole.
Perhaps most importantly consumers are growing more and more wary as they speculate what more can happen to make things worse.
Unfortunately our fears may become validated in short order.
Analysts fear that there is a "perfect storm," so to speak, on the horizons.
The once unlikely fear that 2012 could be the infamous economic apocalypse is starting to look more and more like a possibility each day.
However still, no matter how ill-advised, many are nursing the hope that somehow the world economy will make a miraculous recovery.
Citizens from all over the globe still harbor the hope that our leaders can do something to prevent the world economy from crumbling in the coming year.
Unfortunately the hallmark of these types of conversations are speculation and conjecture.
For the time being we have more practical concerns, and straight forward questions that demand straight forward answers.
Is the economy getting better? The truth is that for now, things are not looking good.
It seems we are following, almost to a "T", the pattern that past economies have followed before their imminent collapse.
For brief periods the economy becomes relatively stable, and then it starts to become unglued once more; this pattern repeats for some time until, alas, we can no longer put humptey-dumptey back together again.
Soon following these fruitless efforts another financial crises shortly ensues.
Sad to say, though, in the event that 2012 becomes an economic catastrophe, it will not be the rich who will suffer most.
The harshest of pain will be felt by the poor, homeless, unemployed and those who are suffering already.
These are the people in our nation who are the most ill-prepared for such a disaster.
Although many fear it, there are actually many signs the economy is not getting better and that we are heading for the much heralded financial doomsday of 2012.
Here are some of the key factors influencing the meltdown.
• In 2008, the world witnessed major rioting because of the hike in food prices.
This time, it is happening once again.
Last July, global food costs were 33% higher compared to how they were a year ago.
• "Misery Index" or inflation plus unemployment of the United States just hit 28-year high and majority believes that this will continue to go higher.
• There is an alarming disappearance of the rate of the United States' jobs for the working class.
In 1967, about 97% of men who have a degree in high school ages 30 to 50 had their jobs.
As of now, 97% became 76% • The consumer confidence in the United States is now in its lowest level within 30 years.
• A recent survey has revealed that 9 of 10 workers in the United States are not expecting their wages to be able to carry on the increasing prices of all basic like gasoline and food in the next coming year.
• At this time, an unsurpassed record of 45.
8 million United States citizens are using food stamps.
It just too unimaginable to think that the world's biggest economy has a lot of individuals who depend on their government just so they can eat.
The bottom line is that weather we are headed for a double dip recession or a wholesale economic meltdown you need to be prepared.
While you may ask yourself is the economy getting better, perhaps a better question is, are you prepared?