His belief that a collapse will take time to occur, could prove fatal for some. He may be right, but I suggest getting your preparations finalized now, while there is time and the things you need are still available and somewhat affordable.
I agree with you, disagree with the author.
He states that things take time to occur. He is correct in this statement. What he neglects is that these smaller steps have already happened, and have been happening for a very long time.
He is looking at the situation as “The process is going to begin shortly”. And then calls those who can see, Blind.
It’s already begun. Any doubter has been quickly enlightened by first understanding the numbers we’re dealing with. Next time someone expresses this doubt, it’s helpful to demonstrate what a “Trillion” looks like.
It’s a very large number. In fact, it’s an “Astronomical” number. Trillion is something that we simply can’t recover from. There are factoids out there about “$70,000 or so” debt being owned by every single American. This is a conservative figure.
China owns a lot of our debt. Not all, but a good chunk of it. And we are already seeing a tyrant simply take a company (GM) and hand over the labor and profits to China. That right there was big enough to make people take to the streets in riots.