EconomicCrisis.US

Is America Moving Closer to Total Economic Collapse?

If someone had said twenty or thirty years ago that the American financial system would collapse in 2008, few would have believed it. But it did indeed happen. Two years later, the United States is still in serious economic trouble.

Since the implosion of our financial system, significant legislation to prevent the repeat of another collapse has not been implemented. Consequently, the United States may be in danger of complete collapse, much like what happened to the former Soviet Union.

In The Five Stages of Collapse, Russian engineer, Dmitry Orlov said, AI watched the Soviet Union collapse, and since I am also familiar with the details of the situation in the United States, I can make comparisons between these two failed superpowers.”

There is evidence to suggest that some elements of all 5 stages of economic collapse have already arrived in America. People are losing faith in the government, businesses and each other.

Orlov’s 5 Stages of Economic Collapse are:

Stage 1- Financial Collapse

Stage 2- Commercial Collapse

Stage 3-Political Collapse

Stage 4-Social Collapse

Stage 5-Cultural Collapse

We have already established substantial evidence that Stage 1-Financial Collapse, has already taken place: It was the collapse of the United States financial system in 2008.

What led to our financial crisis was, in part, the removal of government regulations as it relates to lending practices and the sale of mortgages as investment securities.

There is debate among those who have been following Orlov’s correlation between the economic collapse of America and what happened in the former Soviet Union, as to what stage the United States is entering; Each stage involves the loss of faith or trust in some key components of the status quo.

Many Americans agree that United States has past stage 1 financial collapse. Some believe stage 5 cultural collapse has begun. Regardless of where an individual is on the economic ladder, there is no denying the United States remains under the very real threat of total economic collapse, similiar to the fate of the former Soviet Union.
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