Posted on 02/03/2016 11:12:17 AM PST by Perseverando
The Baltic Dry Index continues to plummet. America’s debt ratio, with regard to credit card debt, student loan debt, the Federal Reserve’s inability to pay even the interest on the derivatives debt and the coming negative interest rates, spells disaster. I implore you to act now, and I mean today!
The only thing left to do is for the banksters to steal your bank accounts. The correct “crisis†will bring about the collapse of the dollar now that the wealth transfer has largely been accomplished.
What America Will Look Like Following the Collapse of the Dollar
The aftermath of an economic collapse can take different forms, however, history demonstrates that there are some universal things you can count on:
People will lose their jobs and ultimately will be evicted from their homes and America will see a dramatic spike in the rate of homelessness. During the Great Depression (1929-1941),the growing number of homeless people in America began to live in communities with cardboard boxes as their only shelter. The communities took on the name “Hooverilles†in reference to the President that most Americans blamed for the Great Depression.
Today, as the economy collapses, a new homeless class will be created and they will come from the former middle class. A large number of Americans own property. This will shift to a large amount of properties that will subsequently be owned by the few and America will witness the introduction of feudalism to our country. This is why the Federal reserve has been buying $40 billion dollars of mortgage backed securities every month.
Because of “Just In Time†deliveries, the American food industry operates on quick and multiple deliveries and
(Excerpt) Read more at shtfplan.com ...
Or I could be wrong, maybe Obama, the demo'rats and the GOPe really aren't trying to destroy America by wrecking the economy by ignoring the Constitution, the rule of law, basic economic principles, national sovereignty, the medical systems, etc, etc. </sarc>
‘Cloward & Piven’ strategy to overwhelm the system. We’re in the midst of it!
The powers that be will make sure to wait until zero leaves office before they allow the collapse to begin.
The homeless towns will be called Cruzvilles.
the dollar died today.
EUR/USD and AUD/USD soared. I never saw a 300 pip move before in FOREX in a few hours.
i think today is a day to write down guys. i wish it wasn’t.
I see this as an advantage for living in the north.
When it becomes serious work to keep warm in winter, the entitlement army will march south.
that might go a bunch higher.
243 pips at the max. Don’t want to exaggerate.
we shall see the rest of the week if the dollar’s major decline today was a fluke or for real.
i KNEW the PMI was going to be bad. but didn’t go all in till the number came out.
have stops in
What, paying to stay in your house?
That is SOOOOOOOOO last-century. The food shortages may be real, but swarms of Liberal lawyers will ensure that everyone gets to stay in their house...whether they’re paying for it or not.
ping
Homeless are only noticed during a Republican administration.
We need to stick to provable facts & figures and not rumors or wild theories. And that is a major problem I am seeing in the Prepper Community is falling for spreading fear & causing problems. And falling for these causes more problems than they are worth.
Just a practical observation for you prepper-folk.
I am going through a SHTF situation in my personal life, and I am eating reserve food, and am almost out of that.
SAMPLE YOUR FOOD STASH. I have had to throw all kinds of food away because it didn’t last as long as I thought it would, or because I didn’t actively manage it for expiration dates.
Stuff that held up well: Mountain House freeze dried backpacker food. I’m sodium sensitive and it’s a bit much for me, but if that’s what you have, you eat it. Canned Campbell’s soups. Dried rice.
Stuff that held up OK enough to use, but tasted a bit funky: Kraft brand Mac and Cheese in a bulk pack, with individual plastic-wrapped servings, marketed as ‘Easy Mac’. Store brand canned peaches. Edible, but kind of mushy.
Stuff that polluted the whole kitchen trying to prepare it and got thrown away: Store brand instant mashed potatoes. Store brand Mac & cheese, some off-brand freeze dried soups. Some civvie-copy MREs. Never again. If you’re preparing something and it looks a bit more orange than it should, it’s probably bad.
When the smoke clears in my life and I am building a reserve again, no off-brand anything. Packaging is important. Rotate and manage. Common sense stuff to be sure, but sometimes life gets in your face and there are bigger things to deal with than fiddling around in the cabinet. Until you need it, that is.
Bookmark.
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