US at Center of Global Economic Meltdown

Written By: Brandon Smith  |  Posted: Saturday, January 30th, 2016

As the economic implosion progresses, there will be considerable misdirection and disinformation as to the true nature of what is taking place. As I have outlined in the past, the masses were so ill informed by the mainstream media during the Great Depression that most people had no idea they were actually in the midst of an "official" depression until years after it began. The chorus of economic journalists of the day made sure to argue consistently that recovery was "right around the corner." Our current depression has been no different, but something is about to change.

Unlike the Great Depression, social crisis will eventually eclipse economic crisis in the U.S. That is to say, our society today is so unequipped to deal with a financial collapse that the event will inevitably trigger cultural upheaval and violent internal conflict. In the 1930s, nearly 50 percent of the American population was rural. Farmers made up 21 percent of the labor force. Today, only 20 percent of the population is rural. Less than 2 percent work in farming and agriculture. That's a rather dramatic shift from a more independent and knowledgeable land-using society to a far more helpless and hapless consumer-based system.

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