Posted on 01/03/2012 6:08:02 PM PST by Kartographer
Who could have accurately predicted that governments would undertake the largest tax-payer funded bailout in history after the collapse of the financial system in 2008, further expanding the multi-trillion dollar global debt bubble, instead of letting it correct itself naturally? How many actually believed, amid protests from millions of Americans, that Congress would follow through with the passage of socialized health care in what it supposed to be the world’s bastion of free market capitalism? Who truly believed that American citizens would be, in one sweeping broad stroke, marked as persons-of-interest and domestic extremists for seemingly innocent behavior that can now land them in a detention facility for life without charge or trial? Did anyone foresee a complete collapse of the middle class, the wipe-out of trillions of dollars in retirement and pension savings through stock losses and inflation, the decimation of the domestic job market and wages, or the record levels of poverty stricken Americans requesting food assistance and unemployment insurance?
Actually, there were plenty of awake and aware Americans out there that saw it coming – many wrote about it on their blogs, spoke to us in videos, shared on their social media pages, or started discussions in community forums across the internet. Some of the forecasts may not have happened within a specified time frame or exactly how we may have expected, but many happened as predicted, and in some cases were much more extreme than we could have ever imagined.
(Excerpt) Read more at shtfplan.com ...
Prepper’s PING!
Dollar strengthens or collapses? I guess that’s one way to improve your odds of a correct prediction.
Thanks for posting the article, and Happy New Year. May it last more than 2 weeks.
Although each of these points is debatable, I do think the author came up with a very good list.
I’ve only got as far as point one, but, I was in MBA school, this was the hot topic. We had a guy in class from Germany. I recall discussing the Euro, this is was 1998ish. At that time, we all thought it would fail, even the European guy agreed. The US will bail out a state, but Denmark won’t bail out the Czech Republic, dog eat dog. Europe is going down, and the mussies are going to take over that continent.
mark
I wouldn’t count out the European nationalists using the chaos to move against the muslims,though.
Europeans are rushing into dollars and the US stock market now and out of Euros...this strengthens both but both are destined to collapse for another set of reasons.
Makes sense to me.
Buy precious metals now while they're cheap?
I'll give the author 90%. We can see all this coming because it's been comming for a while. Whether the big doom hits precisely on 12/21 or not is debateable, but we know 2012 is in a high speed downward spin. Why the troops are being brought home is also debateble be it Mr. Nobel Peace Prize is on the campaign trail, we finally realized it was a lose-lose situation, or those detention centers need filling or a combination of the above. All I know for certain is my dollar has bought less and less last year. Yesterday, the car insurance rose considerably and I noticed more smaller packaging of products at the same old price at the grocery store - 9 oz packages of cookies instead of pound packages at $2.50-$3.
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