Although I cannot now find the article, I recently read that the total wealth of all the countries on Earth today is approximately $60 trillion. I believe this might be the figure the World Bank works off of (if you don't know what the World Bank or Central Bank(s) do, you owe yourself to find out). Based on the world's population, if you split this wealth up equally giving each man, woman, and child alive today a share, each person would get about $9500. That doesn't seem like a very large amount to me, especially since the US debt, as declared by the Obama administration, is $9 trillion. If these amounts are correct, however, America and the rest of the world's countries are under serious threat of financial collapse.
This is an extremely serious situation, not just for America but for the entire world. If the financial system collapses, life as we know it is over. This is why I suggested in this post that readers sell off valuables while there is still a market for goods and metals, then stock the kitchen pantry. It is always a wise thing to keep a back-up supply of essentials on hand for lean times and disasters.
I spent countless hours taking FEMA courses and many years working toward disaster preparedness for a non-profit organization. I learned early on to use discernment regarding impending disasters--to gather facts and to look for tangible signs. While I no longer directly work in that arena, I did come away with valuable lessons that can be applied toward other aspects of life such as this issue. The signs regarding the health of this nation are visible and tangible for anyone who takes the time to look. Forget the health care reformation, focus needs to be on financial reformation, but not the kind that is being dished out in Washington DC today that is intent on redefining every aspect of our lives.
Tuesday, August 25, 2009
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