Every day I wake up and I listen the news and every company is laying off people and many stores are closing down. This really seems to be a dominoes effect and the effects should me much greater when these businesses (See below) shut down after Christmas. It is a false optimism to think 2009 is a recovery when there is all this bad news going on.
The Mayan Calendar (which predicted everything correctly) predicted this would happen, and yet it shows the closed mindedness many have when they still do not respect what this calendar says. Yet believe either ignore this or believe the lies that this calendar is that of doom (which it is not, it is that of love and joy long term.) Should we be taking this seriously if they have called everything correct?
Enough of the Mayans, I want to get to my point in that the economy is collapsing. Now, Peter Schiff whom has called this well says that we have to let this recession take it’s course and that it will be painful, but we have no choice. Americans have consumed for so long and have put themselves in serious debt. I HAVE ACCEPTED THAT. I wish the government would accept this. Peter also says that every time we try and fix this problem by printing more money, we make the problems much worse. After watching Money As Debt we can see how this can be a problem. Peter also says that because we consume too much, we have to start saving as Americans are only about being a consumer driven economy.
Also, when you accept this to be true, then would it not be true that you can make decisions in your life? This is based on the fact that the economy has to fail, and that we will have to go through a severe recession or depression like the 1930s. The stock market is showing very similar results that the 30s shown with 8% up and down days, which only happens on terrible markets.
How have you accepted this collapse and worked to adjust to this situation? What are some good things we can say to others to help others adjust to this collapse? What are some great ways to prepare for this collapse? Do you think gold and silver is good? Do you think that we should buy more food and stock up for hard times? Is this a good time to start planting your own food and then get equipment and supplies needed for that? How about energy, is there any way to prepare for this?
How do we accept this and move forward and adjust to what the truth is.
Stores Closing – Source YOUTUBE – SUPAFAITH
Circuit City – Filed Chapter 11
Ann Taylor – 117 stores nationwide closing
Lane Brayant – Closing 150 stores nationwide
Fashion Bug – Closing 150 stores nationwide
Cathenies – Closing 150 stores nationwide
Eddie Bauer – To close 27 stores and more after January
Cache – Will close all store
Talbots – Closing specialty stores
J.Jill ( owned by Talbots ) – Closing all stores
Pacific Sunwear ( owned by Talbots ) – Closing all stores
Gap – Closing 85 stores
Foot locker – Closing 140 stores, more after January
Wicks Furniture – Closing all stores
Levits – Closing remaining stores
Bombay – Closing remaining stores
Zales – Closing 82 stores and 105 more after January
Whitehall Jewlers – Closing all stores
Piercing Pagoda – Closing all stores
Disney Store – Closing 98 stores
Home Depot – Closing 15 stores
Macys – Closing 9 stores January
Linens and Things – Closing all stores
Movie Gallery – Closing all stores
Pep Boys – Closing 33 stores
Sprint/Nextel – Closing 133 stores
JC Pennys – Closing many stores after January
Ethan Allen – Closing 12 stores
Wilson Leather – Closing all stores
Sharper Image – Closing all stores
KB Toys – Closing 356 stores
Lowes – Closing some stores
Dillards – Closing some stores
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