Posted on 08/04/2011 12:39:17 PM PDT by Kartographer
While it’s too early to tell whether or not the destruction in stock markets will continue as it did in 2008, one thing is for sure – when the bottom finally falls out of this economy it’s going to come as a surprise to tens of millions of people who have been bamboozled by their trusted politicians and corporate elite.
Today’s Dow Jones collapse of 350 points is but an indicator of the severe volatility and unmitigated destruction we can expect as this crisis enters the next phase. Former comptroller general of the Government Accountability Office (GAO) David Walker warns that it’s going to hurt:
(Excerpt) Read more at shtfplan.com ...
Wait! Aren't we in the Summer of Recovery II, or III?
/sarc
Take Back AMERICA! Restore The Constitution!
FUBO GTFO 2012 !
It’s 3:45 Thursday, 4 Aug. and the Dow is down 431 to 11,465
Thanks for the PDF.
Recover Summer II is looking a little weak.
Is Baraq on econ czar #4 or #5?
This debt ceiling deal has brought us closer to a collaspe.
FUBO GTFO 2012 !
Or another way of looking at it is when you’re job is no longer there and you don’t have one paycheck then there’s no way to live from day to day much less prep. If you’d just managed to take a few dollars from the one paycheck to prep, those stores might just get your family over the hump until another paycheck finds it’s way to you. Prepping isn’t just for TEOTWAWKI but also for times of unemployment, illness, natural disaster, or some other emergency.
Having read some stuff on Soros’ method of creating disruption and disorder, I wonder if he’s not deliberately making crisis after crisis to freak everyone out and empty a whole bunch of pockets. People will also then be willing to submit to a strong man in exchange for some bit of safety.
Good thing Jesus is going to come and clean up this mess one day.
Okay, that web site freaks me out.
When asked about the DOW today Timmy Turbo Tax replied:”Well that was unexpected.” ;-)
I actually had to look up TEOTWAWKI.
And Nerobama fiddles while Rome burns.
DJIA Close down 512.46
Sorry blam I lost my reading glasses is that the DOW chart or Bammy’s latest approval ratings? Its’ getting hard to tell them appart! ;-)
Why two filters?? Good plans by the way ;)
“If you’d just managed to take a few dollars from the one paycheck to prep, those stores might just get your family over the hump until another paycheck finds it’s way to you. “
Of course. However, the recommedation was to buy two of everything I normally buy.
Right now, I’m struggling to stock up on “house”. I have 5 acres with a stream, but no buildings on it. I’ve gotten through 4 of the 6 major obstacles toward building, working on #5. I have a design for a house that is basic enough that the main part should be able to go up in a day.
Prayers would help, as would any influence FReepers might have on the zoning board in that county ;)
(It’s in southern WI, but I’d rather not post more details than that)
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