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Some Of The Really Bad Things That Could Happen If You Do Not Prepare For The Coming Economic Collapse


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Some Of The Really Bad Things That Could Happen If You Do Not Prepare For The Coming Economic Collapse

September 5, 2012

Most people just assume that since things have always been a certain way that they will always be that way in the future.

Most people just have blind faith that the people running our government and our financial system know exactly what they are doing and that they are doing their best to take care of us.

In fact, once upon a time I was fully convinced of that.

When I was a kid I quickly realized that my elementary school teachers really didn’t have the answers, but I had total faith that those running society at the highest levels were “experts” that were looking out for our best interests.

As time went on I kept progressing in my education, and by the time I was finished with law school I came to understand that none of our “experts” really know what they are doing, and they are definitely not looking out for our best interests.

The blind are leading the blind and we all need to finally admit that the emperor is not wearing any clothes. Unfortunately, most Americans will repeat the mantra of “if that was true I would have heard about it on the news” until it is way too late.

Most people are waiting for the “authorities” to tell them what to do instead of thinking for themselves. Sadly, time is rapidly running out and a lot of people are going to end up getting totally blindsided by what is coming.

The man in charge of our financial system, Federal Reserve Chairman Ben Bernanke, is not going to save our economy.

He didn’t see the last financial crisis coming, and even after things started falling apart he continued to insist that housing prices would not go down and that we would not have a recession.

Well, it turned out that we had the worst housing crash and the worst recession since the Great Depression of the 1930s.

But still millions of Americans are trusting him to save us this time around.

It isn’t going to happen.

The truth is that the design of the Federal Reserve system itself is fundamentally flawed.

The biggest reason why the U.S. government is 16 trillion dollars in debt is because the system is designed to create gigantic amounts of government debt.

Yes, without a doubt the vast majority of our politicians are corrupt and/or incompetent, but even if we replaced every single one of them our economic problems would still persist until the underlying structural problems were addressed.

Most Americans are pinning their hopes for an economic turnaround on the upcoming election, but the truth is that neither Obama or Romney has a plan that will fix things. That statement is going to upset a lot of people on both sides of the political spectrum, but it is true.

Over the past 40 years the total amount of all debt in the United States has gone from less than 2 trillion dollars to almost 55 trillion dollars. This bubble is going to burst no matter which political party is in power.

Obama and the Democrats have tried to kick the can down the road and extend the party by spending 5.3 trillion borrowed dollars over the past 4 years, but by doing so they have made our long-term problems far worse.

The next wave of the economic crisis is fast approaching and people need to get prepared.

So what do I mean by that?

Well, “preparation” is going to look different for each family, but there are some general principles that apply to almost everyone.

For example, during an economic collapse hard assets are preferable to paper assets.

Also, during an economic collapse necessities become much more important and luxuries become much less important.

For many more tips, please see this article.

For the moment, I want to focus on some of the really bad things that could happen to you if you choose not to prepare for the coming economic collapse….

You Could Find Yourself On The Wrong End Of A Banking Crisis

During a major financial crisis the banking world can change very rapidly.

You could wake up one day and discover that the bank holding all of your money has failed.

You could wake up one day and discover that because Ben Bernanke has printed trillions upon trillions of new dollars to “fix” the financial system your life savings have been devalued by 50 percent.

You could wake up one day and discover that your bank account has been converted over to a new currency that is worth far less than the one you thought you were holding.

Such a scenario may sound unthinkable in the United States (at least for now), but this is the kind of thing that millions of Europeans are extremely worried about right now.

Just check out what is happening in Spain….

After working six years as a senior executive for a multinational payroll-processing company in Barcelona, Spain, Mr. Vildosola is cutting his professional and financial ties with his troubled homeland.

He has moved his family to a village near Cambridge, England, where he will take the reins at a small software company, and he has transferred his savings from Spanish banks to British banks.

“The macro situation in Spain is getting worse and worse,” Mr. Vildosola, 38, said last week just hours before boarding a plane to London with his wife and two small children. “There is just too much risk. Spain is going to be next after Greece, and I just don’t want to end up holding devalued pesetas.”

During the month of July alone, 94 billion dollars was pulled out of the Spanish banking system.

So that means that the equivalent of 7 percent of Spain’s GDP was withdrawn from Spanish banks during July.

That is a full-blown bank run, and Spain’s problems are just getting started.

Eventually these kinds of problems will show up in the United States as well.

You Could End Up Losing All Of Your Investments

But at least U.S. bank accounts are federally insured (for whatever that is worth).

When it comes to investments, you better be very sure that the firms you have your money with are not going to collapse on you.

For example, many of you have already heard about how Gerald Celente had losses in the six figure range when MF Global went bankrupt.

He has been warning about the coming economic collapse for years and he still got victimized. The following is what he told one interviewer about what he learned from this incident….

“What’s the take away from this? It’s to make sure you have every penny in your pocket. Because just like MF (Global), screwed everybody else. Your also gonna get the shaft, I don’t care who it is. What’s gonna happen when you get a message from your brokerage, from Fidelity or somebody… yeah infidelity. Or how about Raymond James, I don’t care who they are! You have ETFs? Oh, there’s a little error over here, we don’t have your money. We don’t have your positions.“

“I went to a meeting… and the speaker said ETFs of GLD are supposed to be held by HSBC in a vault in Hong Kong or England some place, and HSBC, this guy said, is the biggest shorter of gold. Well you figure it out! They are the ones that are holding it and they’re shorting it? So the takeaway is to make sure you have every penny in your possession.“

If the funds that you are relying on for your financial future are being held by a brokerage or by an insurance company the truth is that you could potentially lose every single penny during the coming collapse.

The financial institution that you are depending on could suddenly go “poof” and your money could be gone just like that.

Recent legal rulings have made brokerage accounts much more vulnerable. Jim Willie explained why this is true in a recent article….

The critical jump might occur in account thefts from futures brokerage to stock brokerage, which began in November 2011 with MFGlobal, then appeared in July with Peregrine Financial Group (PFG-Best).

All private accounts from MFG and PFG have been pilfered, with a blessing of the theft by the courts, seen in the Sentinel Mgmt Group ruling. The federal Appellate court’s August ruling (CLICK HERE) sets precedent for future private segregated account thefts, which were once considered sacred and untouchable. No more in the United States, not in the unfolding of criminality that stretches from USGovt offices to top corporate offices, with blessings sprinkled by the courts. The jump would be a major extension of the Fascist Business Model that nobody talks about.

The major financial firms can rely upon this appellate court ruling as precedent, so as to protect their legal right to re-hypothecate client funds in their high risk leveraged positions and loans. It sure would be nice to use my neighbor’s house and car to firm up my casino weekends. Stay tuned to the ongoing Morgan Stanley implosion, which could force the vanishing act of 50 to 100 thousand private stock accounts. The firm is the largest stock brokerage firm in the land. The dreadful impact will be nasty and might awaken the US masses. MFGlobal and PFG-Best surely did not.

Your financial advisers will swear up and down that your investments are safe.

But look at what happened to the clients of MF Global and PFG-Best.

Their investments disappeared like dust in the wind.

This isn’t meant to scare you. It is just important that you understand that the landscape has totally changed.

You Could Lose Your House

During the last recession, millions of Americans lost their homes.

Some of them had poured hundreds of thousands of dollars into their homes and they lost it all.

Why did this happen?

Well, the number one reason is because so many American families are living on the edge. They purchased homes that they could not afford and they just kept living paycheck to paycheck as if nothing bad would ever happen.

But when many of those people lost their jobs, suddenly they could not make their mortgage payments and they lost their homes as well.

Sadly, we appear not to have learned much.

Today, 77 percent of all Americans are living paycheck to paycheck at least some of the time.

You Could Lose Access To Electricity

Why don’t more Americans have a backup source of power?

Most Americans are totally dependent on the grid, and that works well until the grid goes down.

Just look at what is happening down in Louisiana. The hurricane that just roared through was not even that strong, and yet more than 100,000 people are still without power.

The following is from a recent Huffington Post article….

Tens of thousands of customers remained in the dark Monday in Louisiana and Mississippi, nearly a week after Isaac inundated the Gulf Coast with a deluge that still has some low-lying areas under water.

Most of those were in Louisiana, where utilities reported more than 100,000 people without power. Thousands also were without power in Mississippi and Arkansas.

So what would you do if there was a major national crisis of some sort and the grid went down for an extended period of time during the winter?

When Thieves Get Desperate They Will Steal Just About Anything

Over and over it has been proven that when people cannot feed their families they will steal to get what they need.

When things hit the fan here in the United States, we will see widespread looting and robbing. In fact, we are already seeing it happen in Europe. Just check out what is happening in Spain right now….

Unemployed fieldworkers and other members of the union went to two supermarkets, one in Ecija (Sevilla) and one in Arcos de la Frontera (Cadiz) and loaded up trolleys with basic necessities. They said that the people were being expropriated and they planned to “expropriate the expropriators”.

The foodstuffs, including milk, sugar, chickpeas, pasta and rice, have been given to charities to distribute, who say they are unable to cope with all the requests for help they receive. Unemployment in the Sierra de Cadiz is now 40%.

And already crime is rising in many areas of the United States. In some communities thieves are stealing just about anything that is not bolted down.

Just recently, 49 cows that were stolen from a farm in Massachusetts were discovered at an auction in Pennsylvania.

Who would be desperate enough to steal cows?

In other areas of the country thieves are stealing air conditioning units from churches and they are stripping copper wiring out of city street lights.

Are you prepared to defend your property when desperate thieves come knocking?

Shortages Can Happen

During an economic collapse shortages can happen very rapidly. Thanks to the popularity of the “just in time inventory” philosophy, most stores do not have much stuff sitting around in their back rooms. When things go bad, you may not be able to get the things that you need.

Just look at what is happening in Greece. Right now, medicine shortages have become a major problem. The following is from a recent Bloomberg article….

Mina Mavrou, who runs a pharmacy in a middle-class Athens suburb, spends hours each day pleading with drugmakers, wholesalers and colleagues to hunt down medicines for clients. Life-saving drugs such as Sanofi (SAN)’s blood-thinner Clexane and GlaxoSmithKline Plc (GSK)’s asthma inhaler Flixotide often appear as lines of crimson data on pharmacists’ computer screens, meaning the products aren’t in stock or that pharmacists can’t order as many units as they need.

“When we see red, we want to cry,” Mavrou said. “The situation is worsening day by day.”

The 12,000 pharmacies that dot almost every street corner in Greek cities are the damaged capillaries of a complex system for getting treatment to patients. The Panhellenic Association of Pharmacists reports shortages of almost half the country’s 500 most-used medicines. Even when drugs are available, pharmacists often must foot the bill up front, or patients simply do without.

You Could End Up Dependent On The Government

Don’t think that it can’t happen.

Today, 46.7 million Americans are on food stamps and more than half of all Americans are at least partially financially dependent on the U.S. government.

That may be hard to believe, but it is actually true.

During the month of June, the number of Americans added to the food stamp rolls was three times greater than the number of jobs added to the economy.

What a great “recovery”, eh?

If you do not work very hard to prepare for what is ahead right now, you could also end up dependent on the government.

You Could Lose Your Life

Whenever there is a major economic crisis there is a spike in suicides.

And these days Americans are more wrapped up in materialism than ever before. When the coming crisis strikes there are going to be millions upon millions of extremely depressed people.

Suicide is about the most stupid thing that you can possibly do, but when people lose all hope of things turning around a lot of them are going to take their own lives.

It is foolish beyond belief, but a lot of people are going to make that choice. We are already seeing a significant spike in suicides over in Europe due to the economy. The following is from a recent CNBC article….

A growing number of global and European health bodies are warning that the introduction and intensification of austerity measures has led to a sharp rise in mental health problems with suicide rates, alcohol abuse and requests for anti-depressants increasing as people struggle with the psychological cost of living through a European-wide recession.

“No one should be surprised that factors such as unemployment, debt and relationship breakdowns can cause bouts of mental illness and may push people who are already vulnerable to take their own lives,” Richard Colwill, of the British mental health charity Sane, told CNBC.

“There does appear to be a connection between unemployment rates and suicide for example,” he said, referring to a recent study in the British Medical Journal that stated that more than 1,000 people in the U.K. may have killed themselves because of the impacts of the recession. “This research reflects other work showing similar rises in suicides across Europe.”

This is why I stress that preparation is not just about physical things like money and food.

We all need to get mentally, emotionally and spiritually prepared for what is ahead.

If we understand what is happening and we come up with a plan to go through it, we will be in far, far better position to endure the coming crisis than people that are totally blindsided by it.

A recent article on shtfplan.com entitled “How Horrific Will It Be For The Non-Prepper” explored some of these ideas more fully. I encourage people to go check it out.

For the moment, most people will just go on with their lives as if nothing is wrong because times are still quite good.

But time is running out. In fact, we might not have much time left at all before the next major downturn.

A recent CNBC article entitled “It’s Coming: One Pro Sees Big Stock Selloff in 10 Days” detailed how some analysts are warning of a major stock market decline later this month….

An equity strategist for Goldman Sachs is predicting a September selloff that happens so rapidly he is telling clients to protect themselves before Sept. 14.

The reason: Market disappointment over key meetings of the European Central Bank and Federal Reserve—all within the next 10 days.

September may turn out to be a bad month for stocks or it might end up being just fine.

But one thing is for sure.

Time is running out.

Are you ready?

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INDIA AND THE DOLLAR

September 6th, 2012

By Joseph P. Farrell

I’ve noted in recent blogs that there is a quiet move afoot away from the dollar as a reserve currency. Already China and Russia have concluded bilateral talks to avoid the dollar as a reserve currency and make their currencies directly convertible. Japan and China recently concluded a similar agreement. Now, India has joined the ranks of the burgeoning Asian economies to do so:

India Joins Asian Dollar Exclusion Zone, Will Transact With Iran In Rupees [LunaticOutPost - Forum]

India Joins Asian Dollar Exclusion Zone, Will Transact With Iran In Rupees

The central importance here is the following paragraph:

To summarize: Japan, China, Russia, India and Iran: the countries which together account for the bulk of the world’s productivity and combined are among the biggest explorers and producers of energy. And now they all have partial bilateral arrangements, and all of which will very likely expand their bilateral arrangements to multilateral, courtesy of Obama’s foreign relations stance which by pushing the countries into a corner has forced them to find alternative, USD-exclusive, arrangements.

The geopolitical consequences, in other words, are that the West’s bellicosity toward Iran (and the Middle East as a whole) are increasingly being met by two things: (1) the Asian powers dumping the dollar as a reserve currency and entering into bilateral currency and trade agreements and (2) a greater geopolitical cohesion among those nations.

In short, India, China, Japan, and Russia are simply not afraid of the ability of the US and European militaries and their ability to prop up the dollar. So what does this portend? if current western policies continue on the course that they are embarked upon, we will see more and more countries in Asia – Malaysia, Thailand, Indonesia and so on, with the probable exception of Australia and New Zealand – joining in similar arrangements as the West works feverishly to keep the remaining Islamic crescent subdued, divided, and in thrall to backward Islamicist regimes. With the recent US assurances to Australia, we can expect the Asian bloc to harden.

…and remember, all those fake bearer bond stories have one thing in common: they’re all coming out of Asia.

http://abousa.net/news/

G-20 Demands German Gold To Keep Eurozone Intact; German Central Bank Tells G-20 Where To Stick It

September 6th, 2012

Going back to the annals of brokeback Europe, we learn that gold after all is money, after the G-20 demanded that EFSF (of €1 trillion “stability fund” yet can’t raise €3 billion fame) be backstopped by none other than German gold. Per Reuters, “The Frankfurter Allgemeine Sonntagszeitung (FAS) reported that Bundesbank reserves — including foreign currency and gold — would be used to increase Germany’s contribution to the crisis fund, the European Financial Stability Facility (EFSF) by more than 15 billion euros ($20 billion).” And who would be the recipient of said transfer? Why none other than the most insolvent of global hedge funds, the European Central Bank.

Also, in addition to gold, the ECB had set its eyes on that other “fake” currency that DSK had succeded in protecting throughout his tenure, all his other undoings aside, “The Welt am Sonntag newspaper, citing similar plans, said 15 billion euros would come from special drawing rights (SDR) that the Bundesbank holds.” Naturally, these discoveries prompted a prompt and furious rebuttal from the very top of German authorities: “Germany’s gold and foreign exchange reserves, which the Bundesbank administers, were not at any point up for discussion at the G20 summit in Cannes,” government spokesman Steffen Seibert said. The WSJ adds, “A plan to have the International Monetary Fund issue its special currency as a powerful weapon in Europe’s efforts to contain the widening euro-zone debt crisis was blocked by German Chancellor Angela Merkel, according to a report in a German newspaper.”

There are three observations to be made here: i) when it comes to rescuing insolvent countries, Germany is delighted to sacrifice euros at the altar of the 50-some year old PIIGS retirement age; ask for its gold however, and things get ugly; ii) the Eurozone, the ECB and the EFSF are dead broke, insolvent and/or have zero credibility in the capital markets, and they know it and iii) due to the joint and several nature of the ECB’s capital calls, while Germany may have had enough leverage to tell G-20 to shove it, the next countries in line, especially those which are already insolvent and will rely on the EFSF for their existence once the ECB’s SMP program is finished, may not be that lucky, and in exchange for remaining in the eurozone, the forfeit could well be their gold.

WSJ brings details on how German SDRs would be used as a temporary (temporary as in European financial short selling ban, and temporary reduction of initial margin to maintenance for everyone to appease MF Global clients) backstop for Europe:

The idea of using SDRs to fight financial contagion isn’t new. When the collapse of Lehman Brothers in 2008 unleashed a financial crisis, the G-20 in 2009 approved a $250 billion SDR allocation to help backstop efforts to fight the spread of the crisis.

The European Central Bank has been buying euro-zone bonds in an effort to keep borrowing costs of weakened members from exploding. But the ECB’s efforts are considered by some experts to be outside of its central mandate to maintain price stability. And the ECB has said that its special measures – buying euro-zone debt — should be temporary and limited in scope. That is another reason why some people are advocating the IMF play a greater role in propping up weakened euro-zone members and become the lender of last resort.

Speaking to reporters at the close of the Cannes summit, Merkel indicated that G-20 leaders agreed in principle that the IMF and EFSF could work together, but the summit could not agree on any specifics.

“We have an interesting process ahead of us and the discussion is not yet concluded,” she said.

Reuters brings more on the the logical German reaction to the EFSF and ECB’s extortion attempts:

“We know this plan and we reject it,” a Bundesbank spokesman said.

Seibert said several partners had raised the question in Cannes whether SDRs could be used to strengthen the EFSF but Germany had rejected this plan and discussions at Monday’s Eurogroup on Monday would not discuss this topic.

The newspapers had said the issue was taken off the agenda at the G20 following Bundesbank opposition but that it would be debated on Monday at a Eurogroup meeting of euro zone finance ministers.

Why will it be debated? Because when at first you don’t succeed, try, try again. Germany may be crossed off the list, but here is who is next in order of appearance. Sooner or later, Europe will stumble on that one “leader” whose gold is less valuable than their political stability, because after all, a “united”, “EMUed” Europe has the biggest MAD trump card of all.

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Very interesting read and I cannot disagree with a single word of "what could happen" You could get hit by a bus walking the dog. Do we stop walking the dog? You could get mugged. Do you stay inside for the rest of your lives. You could go down in a plane. Do you never take a vacation again. You good choke to death on a piece of beef. Do you never eat a steak again. I mean the list would go on and on and on of "what could happen" Are these post meant to help? or are they meant to instill fear. I was taught that you walk through this world without fear. You face your worst fears and by conquering them you become stronger. Very interesting read granted. But I see no value in these doom and gloom post meant to scare the populist. For what purpose ? To gain what ? enlightenment ?

Sorry just don't get it

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Very interesting read and I cannot disagree with a single word of "what could happen" You could get hit by a bus walking the dog. Do we stop walking the dog? You could get mugged. Do you stay inside for the rest of your lives. You could go down in a plane. Do you never take a vacation again. You good choke to death on a piece of beef. Do you never eat a steak again. I mean the list would go on and on and on of "what could happen" Are these post meant to help? or are they meant to instill fear. I was taught that you walk through this world without fear. You face your worst fears and by conquering them you become stronger. Very interesting read granted. But I see no value in these doom and gloom post meant to scare the populist. For what purpose ? To gain what ? enlightenment ?

Sorry just don't get it

Without fear means facing it head on (at least this is what i believe). Knowing what that fear is and embracing it. See my own personal fear obviously from all my posts is a financial collapse. It is just a matter of "when" to me. I have prepared for the worst and i keep hoping for the best. I guess you would first have to believe that financial turmoil is ahead, to truly gain anything from the post.

Just wrap your mind around this staggering fact...

1 trillion dollars = if we were to take 1 dollar for every second, how many years would equal a trillion dolllars....wait for it....33,000 years!!!

Most people can't wrap there mind around this, our debt just his 16 trillion...this is not counting unfunded liabilities like medicaid and social security. The only thing propping up the dollar right now is the fact that it is the worlds global reserve currency. that is currently changing.

and charlies post caveats the point of the global reserve currency being changed.

Which floods our economy with more dollars which in turn devalues the money in your pocket.

QE1, QE2, this is stimulus which creates even more US Dollars which continues to devalue the dollar in your pocket.

The world is catching on and their ate up, we should listen to their warnings, because they are in fact taking action.

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Thanks brandy for the DD! I understand why you post this type of information and appreciate the fact that you do. It's a wake up call! I have been reading these 'doom and gloom" as Dog53 likes to call them, since 2007. Much of what was forecast to happen back then has happened and I believe we are all in for a shock when it actually does happen, no matter how prepared you are. Fact is, when it does happen, and if your not prepared...you will be forced to become a "scavenger" like the many millions that did not heed the warning. You need to ask yourself if you are physically fit enough, if you have the skill levels, and the determination to compete in a post apocalyptic world where dog eats dog.

I've been reading the facts are worse than what is officially published for our consumption, that the world's real derivatives bubble is actually 600 trillion dollars. That's more than the total world GDP many times over.

The Banksters have sold us out so they could profit, their short term vision may cause the death of billions of our species in the long run. They did not care about anyone but themselves.

I noticed your article says that Romney and Obama will not save us from what's going to happen and I agree. I don't believe there is anyone on earth that can prevent what is about to happen even if they wanted to. The reason Obama and Romney don't even talk about our situation is not because they don't know about it, it's because they both work for the New World Order and they follow the instructions closely...The people are not to know what is going to happen under any circumstances, and the opposite view must be maintained to keep the masses under control..

Interesting article followed your Brandy by charles, shows the Bric nations are poised to take over where the New World Order has failed. World power has shifted to them, and ironically, these are the same nations we have all been brainwashed throughout the years to hate and fear.....? Carlos

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Thanks brandy for the DD! I understand why you post this type of information and appreciate the fact that you do. It's a wake up call! I have been reading these 'doom and gloom" as Dog53 likes to call them, since 2007. Much of what was forecast to happen back then has happened and I believe we are all in for a shock when it actually does happen, no matter how prepared you are. Fact is, when it does happen, and if your not prepared...you will be forced to become a "scavenger" like the many millions that did not heed the warning. You need to ask yourself if you are physically fit enough, if you have the skill levels, and the determination to compete in a post apocalyptic world where dog eats dog.

I've been reading the facts are worse than what is officially published for our consumption, that the world's real derivatives bubble is actually 600 trillion dollars. That's more than the total world GDP many times over.

The Banksters have sold us out so they could profit, their short term vision may cause the death of billions of our species in the long run. They did not care about anyone but themselves.

I noticed your article says that Romney and Obama will not save us from what's going to happen and I agree. I don't believe there is anyone on earth that can prevent what is about to happen even if they wanted to. The reason Obama and Romney don't even talk about our situation is not because they don't know about it, it's because they both work for the New World Order and they follow the instructions closely...The people are not to know what is going to happen under any circumstances, and the opposite view must be maintained to keep the masses under control..

Interesting article followed your Brandy by charles, shows the Bric nations are poised to take over where the New World Order has failed. World power has shifted to them, and ironically, these are the same nations we have all been brainwashed throughout the years to hate and fear.....? Carlos

HEAR, HEAR!

Carlos I've been following as long as you have, seems were of the same caste. There is really no explaining to someone who already watches world politics and global economics ;) If people would just step outside of our media and see what the world is saying and look at our own numbers. You would already be prepared. Thanks Carlos!

This is why we need/ed Ron Paul he understands what is happening. A collapse would happen but it would have been a smoother transition. Robama is gonna let it come as a surprise and chaos will ensue.

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Without fear means facing it head on (at least this is what i believe). Knowing what that fear is and embracing it. See my own personal fear obviously from all my posts is a financial collapse. It is just a matter of "when" to me. I have prepared for the worst and i keep hoping for the best. I guess you would first have to believe that financial turmoil is ahead, to truly gain anything from the post.

Just wrap your mind around this staggering fact...

1 trillion dollars = if we were to take 1 dollar for every second, how many years would equal a trillion dolllars....wait for it....33,000 years!!!

Most people can't wrap there mind around this, our debt just his 16 trillion...this is not counting unfunded liabilities like medicaid and social security. The only thing propping up the dollar right now is the fact that it is the worlds global reserve currency. that is currently changing.

and charlies post caveats the point of the global reserve currency being changed.

Which floods our economy with more dollars which in turn devalues the money in your pocket.

QE1, QE2, this is stimulus which creates even more US Dollars which continues to devalue the dollar in your pocket.

The world is catching on and their ate up, we should listen to their warnings, because they are in fact taking action.

I also think its just a matter of when ( financial collapse) Brandy. I think its your duty to your family to be prepared and ready for the day when you no longer can just go to the store and buy what you need. But I have seen this coming for 25 years and have had ample time to prepare. There`s way to many folks out there that the blinders have just now been lifted. Its these folks that I refer to. City dweller`s who will be hard pressed just for the ability to catch a rat to eat. If you do not have any skills by now or have not prepared at all by now. These post for that sector of this great nation are meaningless. Unforunitly They will become the zombies of tomorrow. Jmho

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Great Thread!!! Thank You For Your Posts!

Dog it is good to see you are coming around...

The warnings that Brandy, Carlos and others are putting out will help more of the masses to prepare,

even if it is only a little more than they would have...

before it is too late!

Yes Dog, this has been building for the past 25 years or more, but it is coming into it's fruition now.

The status quo is not going to remain much longer.

Edited by Maggie123
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I also think its just a matter of when ( financial collapse) Brandy. I think its your duty to your family to be prepared and ready for the day when you no longer can just go to the store and buy what you need. But I have seen this coming for 25 years and have had ample time to prepare. There`s way to many folks out there that the blinders have just now been lifted. Its these folks that I refer to. City dweller`s who will be hard pressed just for the ability to catch a rat to eat. If you do not have any skills by now or have not prepared at all by now. These post for that sector of this great nation are meaningless. Unforunitly They will become the zombies of tomorrow. Jmho

I took up farming earlier this year cuz i realized i lack real skills, just bought a pressure cooker so i can learn to can food. you would probably enjoy looking at my "how to" library...so many things in there, i've even covered how to make my own beer! i dream this. i want to make sure every base is covered. i also surround myself with people who are already doing what i'm doing. there is hope people don't let it paralyze you with fear of the unknown. KNOW YOUR FEAR HAHAHA SERIOUSLY KNOW YOUR FEAR!

Great Thread!!! Thank You For Your Posts!

Dog it is good to see you are coming around...

The warnings that Brandy, Carlos and others are putting out will help more of the masses to prepare,

even if it is only a little more than they would have...

before it is too late!

Yes Dog, this has been building for the past 25 years or more, but it is coming into it's fruition now.

The status quo is not going to remain much longer.

Good times, don't let your heart be heavy. NETWORK NETWORK NETWORK.

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Good times, don't let your heart be heavy. NETWORK NETWORK NETWORK.

Brandy, I agree wholeheartedly about NETWORKING...

That has been tough in my world, since most people around me don't seem to have a clue.

I am doing my best to give gentle forewarnings to wake them up. They would reject the whole truth, if I tried to give it to them all at once...

As for "Good Times"? Yes the sooner this collapse happens, the sooner we can move forward from there... until then we will not be seeing better times. IMHO

My heart is heavy for the suffering that is going to happen for the people that didn't see it coming.

I have been preparing the best I can for the past year, still am. I'm not going to ever feel fully prepared as there is always something else that we may need that I hadn't thought of.

So I'm not feeling too cocky about ever being totally "ready". At least I will know what is happening though...

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Brandy, I agree wholeheartedly about NETWORKING...

That has been tough in my world, since most people around me don't seem to have a clue.

I am doing my best to give gentle forewarnings to wake them up. They would reject the whole truth, if I tried to give it to them all at once...

As for "Good Times"? Yes the sooner this collapse happens, the sooner we can move forward from there... until then we will not be seeing better times. IMHO

My heart is heavy for the suffering that is going to happen for the people that didn't see it coming.

I have been preparing the best I can for the past year, still am. I'm not going to ever feel fully prepared as there is always something else that we may need that I hadn't thought of.

So I'm not feeling too cocky about ever being totally "ready". At least I will know what is happening though...

I think for a prepper we never feel 100% ready...hope i wasn't so brazen as to suggest that.

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I think for a prepper we never feel 100% ready...hope i wasn't so brazen as to suggest that.

No Problem Brandy smile.gif I was just trying to clearify where I was coming from.

I honestly do appreciate everything you have been bringing in... It has greatly increased dialog on things we need to be talking about.

Thank You smile.gif

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