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To: steve0
First, great question.

Second, thanks for posting the links to other posts and articles.

It was about September 15th. Here's the facts, and we don't even talk about these things. On Thursday at about 11:00 in the morning, the Federal Reserve noticed a tremendous drawdown of money market accounts in the United States to the tune of $550 billion was being drawn out in a matter of an hour or two. The Treasury opened up its window to help. They pumped $105 billion in the system and quickly realized that they could not stem the tide. We were having an electronic run on the banks. They decided to close the operation, close down the money accounts and announce a guarantee of $250,000 per account so there wouldn't be further panic out there and that's what actually happened. If they had not done that, their estimation was that by 2:00 that afternoon, $5 1/2 trillion would have been drown off the money market system of the United States, would have collapsed the entire economy of the United States and within 24 hours the world economy would have collapsed.

hmmmm, this guarantee of $250,000 is only good until September 2009. Perhaps that will be our end date.

Your #1 scenario - China quits buying our Treasuries - I'd say that's a sure end date. Without anyone buying our debt, we're toast. Nationalizing banks as well - then banks will not be able to make their own decisions on how to prosper. And there's already talks of this.

I think we all need to be prepared NOW. And then wait and see when it comes to pass. Get all the supplies you can now, perhaps some precious metals, guns and ammo for sure - and find a place to move to if you are not already in a rural setting. We're not moving (yet) and still need to move our supplies to our cabin. But, there's no point doing that until all the snow melts and we can put in a sea train. So, I just hope all remains stable until then, at least. And we'll stay in the city for now (where the work is), but plan to relocate at a moment's (or two) notice.

Do you have yourself stocked up with long-term storage food? And guns and ammo? And a place to move to (if needed)?

BTW, you're doing better than most just by asking these questions. My extended family refuse to consider that anythig bad might happen. They think I'm a tin-foil hat nutcase by trying to make them aware. I figure I've done my duty just by trying to tell them about the possibilities. What they do or don't do is on them now.

2,626 posted on 02/24/2009 3:58:30 PM PST by CottonBall
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To: CottonBall

Who here would volunteer to man a website that tracks some key measures to give us advance warning? I really want the help with information now so that I don’t have to beg for charity or money from Freepers later.

Here is a free medical resource. http://www.scribd.com/doc/3327856/Emergency-War-Surgery-

A neat website project would be to do for finances what http://www.raptureready.com/rap2.html has done for prophecy.


2,638 posted on 02/24/2009 5:10:57 PM PST by steve0 (My plan B: christianexodus.org/)
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