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America's Economic Extinction: The Scariest Non-Fiction Book You Will Ever Read
America's Economic Extinction: The Scariest Non-Fiction Book You Will Ever Read
America's Economic Extinction: The Scariest Non-Fiction Book You Will Ever Read
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America's Economic Extinction: The Scariest Non-Fiction Book You Will Ever Read

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"Paleontologists, archaeologists and others have studied Extinction Level Events or Mass Extinctions sometimes called or nicknamed ELEs (Extinction Level Event(s)). ELEs are events where either almost all or all species on the planet can become extinct. There have been several ELEs in the history of the Earth, as can be seen in the fossil records and sedimentary rocks layers.

Well an Economic Extinction Level Event or EELE is getting ready to happen. Just like the environmental Extinction Level Event (ELEs) were a combination of disastrous events, so to our pending Economic Extinction Level Event (EELE) will be a combination of disastrous events, but economic instead of environmental.

However, unlike environmental Extinction Level Events, which cannot be predicted or forecasted, we can definitely predict and forecast America’s Economic Extinction Level Event(s) (EELE)!
"
LanguageEnglish
PublisherBookBaby
Release dateFeb 12, 2014
ISBN9781939389237
America's Economic Extinction: The Scariest Non-Fiction Book You Will Ever Read

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    Book preview

    America's Economic Extinction - Andrew Moleff

    (EELE)!

    Prologue

    I want you to imagine what it would be like in our country and then around the world when the following happens.

    A letter is sent our by the Federal Government stating that your social security payment will be reduced by half, indefinitely, effective immediately, and will most likely be reduced again.

    Attached to that letter is another that states the federal government will no longer make Medicare or Medicaid payments and that the program is bankrupt.

    At the same time all 47 million households (100+ million people) on food assistance receive a similar letter, but it states that there will no longer be any funds for food assistance and the program ends.

    All federal administered health programs and services and offices close with no warning.

    The stock market crashes and almost 100% of the value of all pension plans, 401(k)s, IRAs and other retirement plans are completely wiped out.

    Banks and Investment firms close within days and shut their doors. Everyone receives notice that their accounts are now worth almost nothing and they are not allowed to cash in their stocks, bonds, mutual funds, etc.

    You hurry to the ATM and they all are depleted and will not be refilled.

    Food and fuel prices surge. Gasoline goes over $20, $40 or even $60+ a gallon or more. Milk is no longer subsidized by the government and jumps to over $20 a gallon.

    Food becomes scarce throughout the metropolitan areas of the U.S. You go to the grocery store and it is empty, but not because of a storm, and the grocer does not expect food of any quantity to come for some time or even ever.

    Pharmacies close and there is no availability of prescription drugs and if there is, it is full payment, cash only, no government payments through the prescription drug program or government health care services and all the health insurance companies have closed. When the pharmacies run out they run out with no refills or replacements.

    Everyone on your block or in your building receives notices that their employer has closed and they are out of business and do not expect to ever re-open, that is, if any notice is even sent.

    No food, no fuel, no employment, no cash, the dollar is worthless, no Government checks of any kind, and all this happens within a few months of each other, a complete Economic Extinction Level Event (EELE).

    The biggest problem that we have right now is that we do not believe an Economic Extinction Level Event (EELE) will or even could ever happen.

    Well, an EELE will happen and we the people have allowed it to happen, because the pending Economic Extinction Level Event is self-made. It does not have to happen, but the foundation of the Economic Extinction Level Event (EELE) has already been laid.

    It will happen and it will probably be worse than what I describe.

    I almost cannot imagine what would happen if everyone over the age 65 gets a letter from the Government stating that they will no longer receive their Social Security check or that they all drop in half, for everyone, at the same time or over a short time period.

    What will these people, our parents and grandparents, do for food, fuel, heating, housing, mortgage payments, etc.?

    How will that affect the economy? How will that affect you?

    Stop right now. Don’t go any further. I want you to take a few minutes or even some while before you read further and just stop and think about what I have written, because this Economic Extinction Level Event WILL happen.

    What will happen to all 40 Million people CURRENTLY on Social Security and all 100+ Million people that WILL BE on Social Security, and the 100+ Million people already on Disability, Medicaid, Medicare, Food Stamps, Patient Protection and Affordable Care Act, Baby Your Baby, WIC, Unemployment, Welfare Assistance, etc., what will happen when all these people received a letter stating that their benefit or assistance payments will either be cut in half or cancelled all together?

    What would happen? Really think about it, if your Grandma or aging parents called to say they only got half of their Social Security payment this month and they also received a letter stating their Medicare/Medicaid/Health Care benefits ended.

    How would that affect you?

    How would that affect your family, community, the country and the economy?

    Then, what if you received a call the next month and your Grandma or elderly parent(s) said their pension payments were either cut in half or their account was depleted all together, that they couldn’t make their mortgage payment and they had no food?

    Please stop and think about this for a little while before you read further, because this is what is going to happen, in just a few short years.

    American Economic Extinction Level Event - EELE

    The U.S. Economy as we know it has less than 15 years left, because the U.S. will experience an Economic Extinction Level Event (EELE) within the next 15 years, if not much, much sooner, but it will happen!

    1. There will be greater unemployment than during the great depression, probably higher than 50% or 75% possible total unemployment nationwide.

    2. There will be hyperinflation greater than 100% a year and maybe even 100% or greater every month, week, or day.

    3. There will be a collapse of all government sponsored social programs; i.e., Medicare, Medicaid, Social Security, Prescription Drug Benefit, Patient Protection and Affordable Care Act, Welfare, Food Stamps, WIC, Baby Your Baby, and Unemployment Benefits, to name a few.

    4. There will be extremely high tax rates for everyone, prior to the EELE.

    5. There will be geographic food and fuel shortages, or even no supply at all.

    6. The stock market will lose 80-90% of its value and will collapse all together.

    This is what will happen. The underlying causes to make all this happen is occurring right now and unless there are some dramatic changes made by the American People and the Federal and State governments within the next 12 to 24 months the U.S. economy will collapse within

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