A huge storm is coming, and it will encapsulate all of the world's democracies, that are currently involved in printing fiat money.
We must all heighten our awareness to world events, and we must all be diligent to start planning and protect our own personal wealth, before big brother takes it from us! This looming financial storm I refer to is on the horizon, and this crisis is going be catastrophic for those who fail to plan for an eminent worldwide banking collapse.
Greece is now experiencing social anarchy, with violence occurring on their streets daily, we saw glimpses of this in England last year.
Unemployment worldwide is also on the rise.
and why is the Oil market starting to prepare for War with Iran? Barack Obama has been attempting to convince his people that he has his country under control, but American's are now realizing that he has lost touch with reality.
Ron Paul has been jumping up and down saying that America needs to cut its spending Now!, but does Obama listen? Nope.
America has to be completely broke, before he would concede that Ron Paul was right! and America is only 14 Billion dollars away from that now! Unemployment is on the rise, and despite most Government's fudging their employment figures, we can all see that employment statistics are starting to turn sour worldwide.
Unemployment has been low in Australia for many years, but that is now changing, and rapidly.
Globalization has been lowering average wages in most Western countries for some time now, and this is starting to take effect in Australia as well.
And it's not just blue-collar jobs, that are being axed either! On Monday 13th February, ANZ gave 492 workers their marching orders.
ANZ also announced it would lay off a total of 1,000 middle managers and back office support staff by the end of September.
Toyota has already laid off 350 people this month, and Alcoa is ranting they expect to lay off 600 people in Geelong.
Qantas only yesterday announced they were shedding 500 people effective immediately.
It is estimated the Australian banking sector could shed close to 7,000 jobs by the end of this year.
Some Union leaders are predicting over 10,000 jobs could be gone within the next 18 months, and many other Manufacturers, Retailers, and of cause the other big Banks are lining up to join this nasty trend.
The common thread to all these job layoffs is the end of double-digit credit expansion within the Australian economy.
Credit growth has been expanding, at double-digit rates for almost 10 years.
It is obvious that the first sector to be hit by slower credit growth, would be in banking.
If the banking system is creating less credit in the economy, then they need fewer people to run that same business.
This should tell you that the banking sector is going to be tightening its books, and will be constantly looking for ways to increase their revenue, to maintain the record high profit margins, they are annoyingly accustomed to achieve for their shareholders.
Layoffs in the manufacturing sector are also related to the end of double-digit credit growth.
Expanding credit leads to more consumer spending, and more consumer spending leads to companies taking their manufacturing jobs overseas.
The global credit expansion has been responsible for most of the jobs created in the developing world, and now with the decline in expansion unemployment is the consequence within our now developed world.
The high Aussie dollar up against a worthless greenback, is also starting to put the bite on many Australian industries.
Recent job losses in the Australian Retail Sector, can also be related back to this higher Aussie dollar.
It's now significantly cheaper for Aussies to buy goods online from America, rather than buy them from Retail Stores in Australia.
As yet no one has ever connected high retail prices in Australia with the property boom we have just experienced.
But the two are joined at the hip.
Unemployment will continue to rise in the Retail sector, as increasing rents from wealthy Landlords, continue to erode into their profits! On another subject, is U.
S President Barack Obama an Australian? well maybe! you've probably heard all the innuendo that suggested he was born in Kenya and not in Hawaii.
But all you have to do is listen to the man and you'll realize that he must be a fair dinkum Aussie.
Obama unveiled his 2013 budget speech this week.
And he proposed raising the tax on dividend income from 15% to 39.
6%, which is the top marginal tax rate American's now pay.
In Australia, dividends are already taxed at the same rate as ordinary income.
So Obama will now tax American's, similar to the way taxes are administered in Australia! He also noted that anyone who makes more than $1 million dollars, should pay no less tax than 30%.
And channelling his inner Aussie, Obama said, "We don't begrudge success in America, but we do expect everyone to pay their fair share in the process.
" In Australia "fair dinkum" is recognized as a unique part of the Aussie culture, in everyday language.
Australian's have always had a strong sense for fairness.
But why are government's now telling someone, how much money they can earn? This wouldn't be an issue if people believed the world was a fair place, and hard work should always be rewarded.
This doesn't seem to be possible anymore.
We can all see Corporate CEOs, Politicians, and Public Sector Workers, all making huge salaries, and those appear to be way out of total proportion for the work they do! People can now sense the system of today is becoming more corrupt, and if you play by the rules, you're just a fool.
The only people that seem to be getting ahead today, are those who are cheating the system.
When our society excepts this theory and that playing by the rules doesn't pay anymore, then you can expect social unrest to escalate, as the middle and lower classes start to revolt against that corrupt system.
Of course we don't really know what people think, or what they're sensing.
We're just guessing at the social mood, based on what we are shown in the media.
We do know however that confidence in a system can be a very fragile thing.
And when confidence is lost, the language of fairness gains much strength, as political currency! Obama's appeal to fairness is a complete fraud, and raising taxes on dividend income won't plug any holes in their Federal Budget.
America does need to plug a gaping wound though, which is their defence spending.
They need to immediately pull out of Wars, they continue to justify on an almost daily basis.
America could then knuckle down and start getting their financial chaos back into some resemblance of order.
America can then slow down the already overheated printing presses, that have been printing the paper money to finance those highly questionable Wars.
That policy alone has been progressively eroding into America's wealth, for years! 65% of the President's $3.
55 trillion budget is locked in as mandatory, non-discretionary spending.
These "entitlements" were promises made to the American people out of a sense of fairness; benefits of citizenship they were all entitled to at birth.
If you are an American, What is your price for a Fair Social Democracy? If Obama was fair dinkum about fairness, he'd ask the Congress to quit spending money it no longer has, and stop deferring that legacy into their future.
And if Congress was fair dinkum also, it would go back and fulfill its Constitutional obligations, by guarding America's purse strings with great vigor.
Just for the record, America is spending $693 billion on its "defence spending", which presumably also includes those Wars.
If America's Congress was fair dinkum, it would accept the fact that defence spending in America is way out of proportion and must be cut immediately, their nation must start to learn to live within it own means, and begin healing it's bullet damaged finances.
It appears to me from afar, that no one in America is fair dinkum about their nation's financial destiny.
And what will happen to America when they are totally broke? Hopefully American's soon start to question the propaganda their politicians keep dumping on them, that a powerful military is what makes America so great! If and when the American people finally do wake up, hopefully their once great country won't be on its knees, and be totally subservient to an ever growing Chinese take over.
For China has been buying up America's Wealth for years, and from right under their own noses.
Maybe it is already too late to reverse that cycle? Hopefully not!