Why the Upcoming Economic Collapse is Being Hidden in Plain Sight

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This is not a conspiracy theory. This isn’t an alarmist perspective, either. Go to your local economy professor or banking expert to verify that there will be a worldwide economic collapse in the near future. At this point it would take a miracle to keep it from happening in the short term and nothing can stop it from happening in the long term.

We won’t dive into the details too much about how the economic collapse is shaping up, what effects it will have on individuals around the world, or even how it can be prevented. There are plenty of sources that go in-depth on these topics. Here, we’re going to discuss how and more importantly why the powers that be are hiding the upcoming economic collapse. Hopefully, those who have read my posts in the past realize that I’m not an alarmist nor am I one who blames everything on “the man.” In this case, however, there are alarm bells that plenty of people are ringing and it’s my responsibility to chime in with a slightly different perspective, one that doesn’t require a degree in economics to understand.

And yes, this time we truly can look to “the man” when it comes to the upcoming troubles, but only because they really have no other choice (at least from their limited perspective).

First, “hidden” in plain sight is not the right way to put it. There really is very little hidden other than some preparations likely being made by the economic elite in the world. Rather than calling it hidden, the proper way to categorize it is that it’s been made more complex than it really is. To use an appropriate analogy, let’s compare the current and future state of the world economy to an under-powered car going up a steep hill.

Imagine that the “CentralBankCar” driving the economy has already taken on a tremendous amount of weight, more than the engine can handle. This is, of course, representative of the burdens the CentralBankCar took on after the 2008-2009 collapse-avoidance maneuvers. It’s now a car with more weight than the engine can really handle.

To keep things going forward, they’ve put their foot all the way down on the gas. This represents the current state of interest rates. They’ve floored it and they have no way to make it go any lower. Unfortunately, there’s still not enough power to keep it going at a good pace so they’ve actually gotten out of the car and started pushing it as well. This is quantitative easing, producing power that the engine really doesn’t have to keep it running.

So, we have a car with too much burden trying to make it up the steep hill of global economic needs with the passengers now out of the car pushing it up the hill to try to supplement the power that’s coming from a gas peddle pushed all the way to the floor.

Eventually, the car’s going to run out of gas. It will roll back over the people that are currently pushing it and careen back down the hill of the world economic condition. It will crash. We’ve exhausted all possible solutions.

Before the CentralBankCar runs out of gas, the powers that be will have to do something drastic. Or they won’t. The problem that we’re all unwittingly faced with requires a different analogy that I’ll bring up below. First, let’s look at the ugly solution that may or may not occur. To keep the CentralBankCar from rolling backwards to an utter crash, they would have to jettison some of the cargo. They’d have to reduce weight. Unfortunately for the average person who doesn’t realize what’s happening, we’re the weight. Our credit, our properties, even the money in our wallets represent portions of the weight that must be jettisoned. To do this would require drastic actions that most governments will avoid at all costs… at least we’d hope.

The question that governments and bankers, powers and principalities face today is whether to let the crash happen and hope to recover relatively quickly or prevent the crash by taking control of all debt and therefore most property. As insane as it sounds, those are the real options that they have before them. They could dramatically cut expenses to the point that they will likely no longer be able to operate. They could raise taxes to the point that people will no longer be able to operate. They could do both. Even if they do, there’s no guarantee that it would save the world economy because of the repercussions that such actions would have on other parts of our economy.

Trying to explain all of this in a blog post is difficult and that’s the very reason why the coming economic collapse is hidden in plain sight. It’s an extremely complex issue that makes most people glaze over. They have to count on that fact. They realize that a huge component in the success of an economy is perception. If the people believe the economy is collapsing, they’ll unwittingly contribute to making it collapse more quickly. As much as I’d love to say that it’s the evil bankers and politicians who are hiding these things from us, they’re not. It’s all right there for everyone to see as it should be, but it’s veiled in enough confusion and doubletalk to prevent it from becoming a self-fulfilling prophecy.

Economic Collapse

Now, for the unfortunate analogy that represents our reality. The ship is sinking and there aren’t enough lifeboats for everyone. There are millions, even billions of people who will drown in the waters of economic collapse. The question is whether they will start pushing people off the boat or wait until it starts rapidly sinking. Either way, they’re getting on the lifeboats and many of us will not be given that option.

It’s not my intention to scare people to the point of acting inappropriately. Things are simply out of our hands. Personally, I’m not worried because I have faith, not in the economy but in God’s plan. Now is the time to be fully prepared for what’s to come.

Soshable

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Economic Times’ Employee Social Media Contract Negates the Right to Speech!

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“Restriction of free thought and free speech is the most dangerous of all subversions” – William O. Douglas.

Compulsion and Control have always been seen in a negative light. For a company of Bennett & Coleman’s stature to take over the identities of their employees and use it as the company’s sole property through social media is perhaps one of the most ridiculous actions within the backdrop of corporate responsibilities of an employee.

Since the dawn of Social Media, the freedom to speech has been seen in a new light. Creating earned media, blogging, self-publishing, viral news have all been a part of exercising the role of a citizen journalist. This freedom is the one reason that the world has been attracted to the most social form of media and relied on it for voicing opinions which they have otherwise been restricted to do through other forms of media. This has sometimes been wrongly put to use considering the disruptive human mind but has mostly been a great tool.

I make a firm point about the freedom of speech particularly in this story because this is now being violated by another media company, Economic Times, where employees are being forced to sign a contract with the company which states:

“Recognizing the growing importance of social media, you and the company are mutually desirous of creating a user account by the name of “The Economic Times/ET” on the Facebook/Twitter/Google+ websites/mobile platforms (the ‘user account’). It is understood that you shall make regular posts on the user account which will involve various material and works created by you, while in contract with the company.”

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The word ‘Desirous’ is simply outrageous considering it is a forceful contract and journalists have been vary of signing it. One of them who spoke to us off the record said,

“The policy is suffocating, and I didn’t realize they would have the right to publish anything via my account.”

Stealing Identities and Opinions?

This is a strong case of stealing an identity of an individual and using it as company property in order to garner more reach for the brand. On moral ground this is strictly not acceptable.

Social Media is simply the art of connecting and building relationships online between brands and consumers, publications and readers and among various communities. If this is treated as a vehicle to take over employee accounts and use it for brand benefits, the sole purpose of expressing individual opinions through social media stands questionable.

However, this is probably not a one of a kind employee contract in the world.

We also spoke to a lawyer who has shed light on legal grounds. Dushyant K Mahant, Founding Partner, Mahant & Mahant Advocates said,

“A company is well within its rights to secure the content originating from their employees while using resources of company. At the end of the day, user is a face of the Company online. There have been instances when after an employee leaves, the Company claimed right and title to the twitter id which the user made and used while employed with the Company. The id also had initials of the Company.

In any industry, however, there cannot be a blanket ban from posting some content which the user wants to share. If an associate of mine finds some interesting article from other law firm’s blog, I will encourage her to circulate it. This is healthy interaction. After 1947, India has become a free Country, last I checked.

A policy restraining Journalists from posting content from a rival publication can be only termed as absurd and gross non application of mind. Moreover, when the Company reserves the right to post anything from user’s account, it only means that Company will be spamming us. I will not follow any such user who behaves like a bot online.

All this cannot be termed as healthy as it is completely one sided favoring the Company.”

The fact that sharing content on Facebook and Twitter is inevitably a part of human nature (users share what interests them the most), be it in form of a news, picture or video, being restricted by the company, leaves me to a conclusion that this is the only thing that can be worse than a hash-tag contest to gain eyeballs on Twitter and Facebook.

We will keep updating this story as we continue to get quotes and news updates.


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