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Is a global financial disaster inevitable?
Off Grid Survival ^

Posted on 05/31/2012 10:09:12 PM PDT by Kartographer

Let’s take a look at the stats: 88 Million Americans! – That’s the real number of people who are not employed and have stopped actively looking for a job. The number is at it’s highest levels since 1983, and completely debunks the 8.3% unemployment rate that the Government keeps repeating. 46.5 million Americans – That’s the number of Americans who are now relying on food stamps as their primary source of income to feed their family. U.S. food-stamp use has hit an all time record high, with the number of people receiving the benefit jumping by nearly 50% since the last election. The numbers are expected to top 50 million by years end. $15,749,262,802,345 – That’s how much debt this country has currently racked up. Well that’s actually the number when I started writing this paragraph. In the time it took to get to this word, the number has already increased by over 1 million dollars and is growing by the second. 15.7 million people – That’s the number of U.S. home owners who are currently underwater on their homes. According to the Zillow Negative Equity Report, nearly one in three homeowners with a mortgage owe more on their homes than their homes are worth. The average home owner owes $75,644 more than the value of their home. 53.6 percent – That’s the number of bachelor degree college graduates under the age of 25 that are either jobless or underemployed in this country.

(Excerpt) Read more at offgridsurvival.com ...


TOPICS: Business/Economy; Government; Society
KEYWORDS: prepparedness; preppers
I believe he's right it not a matter of if, but when.
1 posted on 05/31/2012 10:09:23 PM PDT by Kartographer
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To: Kartographer

I hope I am wrong and somehow the world’s economy does not crash and burns, but face it the piper will have to be paid! We might not fall as far or as hard as many countries, but I believe a fall of some kind is inevitable.

You either prepare and stand on your own beholden to no one or you become dependent on others to provide your basic needs and become thier‘serf’. Me I don’t want to be beholden to anyone for providing what is needed for me and mine. I certainly don’t want to have to kiss some ‘gubberment’ third class bureaucratic to try and coax some help from them, I don’t want some ‘jack booted’ thug herding me in line and telling me where to stand, sit, eat or sleep. And last but not least I don’t want to be shut up in with a bunch of ‘zombies’ and have to worry about not only trying to get basic necessities but having to fight to keep what I manage to get.

Now anyone thinking that prepping is foolish ask you what’s easier telling your children and loved ones why you prepared or explaining to them why you didn’t?

But if any provide not for his own, and especially for those of his own house, he has denied the faith, and is worse than an unbeliever. 1 Timothy 5:8

But then someone has to stand on the bridge waiting for FEMA to bring them a bottle of water, an MRE and a warm blanket so as to provide the Network Anchors their background ‘Money Shot’. I wonder how that will workout for them?

Face it we’ve kicked the financial can so far down the road that we are running out of road and the can which was once the size of a soda can is now the size of an oil drum (Try kicking that!)

For those who are just starting or are old hands at prepping you may find my Preparedness Manual helpfull. You can download it at:

http://tomeaker.com/kart/Preparedness1j.pdf

NOTE! THIS IS A FREE DOWNLOAD. I DO NOT MAKE ONE CENT OFF MY PREPAREDNESS MANUAL!

For those of you who haven’t started already it’s time to prepare almost past time maybe. You needed to be stocking up on food guns, ammo, basic household supplies like soap, papergoods, cleaning supplies, good sturdy clothes including extra socks, underwear and extra shoes and boots, a extra couple changes of oil and filters for your car, tools, things you buy everyday start buying two and put one up.

As the LDS say “When the emergency is upon us the time for preparedness has past.”

Or as the bible says: A prudent man sees danger and takes refuge, but the simple keep going and suffer for it.
NIV Proverbs 22:3

Lastly this for the doubters and the scoffers.

“There is no greater disaster than to underestimate danger.

Underestimation can be fatal.”


2 posted on 05/31/2012 10:20:04 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: Kartographer
Is a global financial disaster inevitable?

Yes.

3 posted on 06/01/2012 1:42:11 AM PDT by Mark17 (California, where English is a foreign language)
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