Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

We Have Blown The Largest Bubble In The History Of Mankind
SHTF Plan ^ | 5/17/13 | Mac Slavo

Posted on 05/17/2013 3:11:23 PM PDT by Kartographer

It’s a Catch 22. There’s no way out.

If the government acknowledges what is happening, confidence in the economy and financial markets will be lost and we’ll have a repeat of 2008 or worse.

If the Federal Reserve stops expanding the monetary base and puts an end to the monthly $85 billion in purchases, the entire house of cards will collapse in on itself.

So, their only option is to continue on this course. But it is a trajectory that will lead to a collapse so severe that our civilization may not be able to survive it.

The inflation we’re seeing in the price of our milk, our gas, our electricity and other good and services we depend on is a symptom of a much greater problem.

We have blown the largest bubble in the history of mankind.

One day we’re going to pay for it – not with money. But, rather, it will be paid with the collateral that was used to back the loans – our lives.

Our creditors will soon come for their pound of flesh.

The government of the United States is already preparing for the economic collapse and the civil unrest that will follow.

You should to

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


TOPICS: Business/Economy
KEYWORDS:
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061 next last
To: DuncanWaring

Basil plants help deter mosquitos. So does Avon’s skin so soft on your arms. Mosquito dunks keep mosquitos out of the bird bath. If you have some rain water in a bucket, that you will not be using for a while, you can float a little cooking oil or kerosene to keep critters from hatching. Depens entirely on what you are trying to keep the skeeters away from.


41 posted on 05/17/2013 8:45:22 PM PDT by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
[ Post Reply | Private Reply | To 27 | View Replies]

To: RHS Jr

I’m a 3G clinger: God, Guns, and Gardens


42 posted on 05/17/2013 8:47:08 PM PDT by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
[ Post Reply | Private Reply | To 31 | View Replies]

To: greeneyes

Harken back to what supplies the Mountain Men, and Covered Wagon “Pilgrims” carried with them in the 1800’s for a long 6 month crossing of what is now Flyover Country.

Hardtack keeps very well - - - .


43 posted on 05/17/2013 8:47:56 PM PDT by Graewoulf (Traitor John Roberts' Commune-Style Obama'care' violates U.S. Constitution AND Anti-Trust Law.)
[ Post Reply | Private Reply | To 39 | View Replies]

To: kevao

Rich puppeters like Soros will win. They know how to profit when everyone else is dying.


44 posted on 05/17/2013 8:49:13 PM PDT by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
[ Post Reply | Private Reply | To 38 | View Replies]

To: montag813

LOL! Then go right ahead. Happy days are certainly here again. no consequences hell maybe I should max out my credit cards cash in my 401K and sell a kidney.


45 posted on 05/17/2013 9:13:51 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
[ Post Reply | Private Reply | To 40 | View Replies]

To: kevao; montag813

Apparently we have the market fundamentals completely wrong you can borrow your way to riches. I say print print print we will all soon be rich!!


46 posted on 05/17/2013 9:16:23 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
[ Post Reply | Private Reply | To 38 | View Replies]

To: Kartographer
Apparently we have the market fundamentals completely wrong you can borrow your way to riches. I say print print print we will all soon be rich!!

Well, that was Keynes' argument. Borrow...spend...stimulate...prosperity! Debt doesn't matter -- "In the long-run, we're all dead."

Of course, as a homo, with no children, his concept of the "long-run" was different from those of us with progeny. We are now experiencing today -- in a very poignant way -- the "long-run" of all the dead Keynesian economists.

47 posted on 05/17/2013 9:27:04 PM PDT by kevao (Biblical Jesus: Give your money to the poor. Socialist Jesus: Give your neighbor's money to the poor)
[ Post Reply | Private Reply | To 46 | View Replies]

To: Kartographer
QE is accomplishing the debauchment of the US Dollar. The IRS takes in $2.5 Trillion and the Federal Budget spends $3.75Trillion per year.

Not only that, admitted public debt is now $18Trillion (off balance sheet debt is nearly $100Trillion), the interest alone on public debt is $2.5Trillion and Entitlements also are $2.5Trillion. The printing presses are printing up dollars to the tune of an extra trillion per year and it is not going into the economy, but into the Wall Street casino - none of it trickles down to the unemployed, huddled masses.

From Keynes' "The Economic Consequences of the Peace":

Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency.

By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security, but at confidence in the equity of the existing distribution of wealth. Those to whom the system brings windfalls, beyond their deserts and even beyond their expectations or desires, become 'profiteers,' who are the object of the hatred of the bourgeoisie, whom the inflationism has impoverished, not less than of the proletariat.

As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery.

Lenin was certainly right.
There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.

Can you say QE?
What do you think happens when you have $2.5Trillion in income, but budget $3.75Trillion and have $100Trillion in debt, pay $2.5Trillion in interest on that debt and must pay $2.5Trillion for entitlements.


More frightening is the fact that Obama's closest friend and advisor, William Ayers once said that some 25 million Americans would need to be murdered when the time came to finish their long planned revolution.


subject reinhardt rogoff money dies nightmare weimar collapse adam fergusson
These two books can give a good blueprint as to where we are headed.

You can get the second one for free here, I would recommend reading it. Get it now while you can...

When Money Dies

48 posted on 05/18/2013 12:15:22 AM PDT by Bon mots
[ Post Reply | Private Reply | To 1 | View Replies]

To: Stentor

“you know that they all have SKS and Mosins in their closets waiting for orders. “

ummm.....
we do too!


49 posted on 05/18/2013 6:14:45 AM PDT by vanilla swirl (searching for something meaningful to say)
[ Post Reply | Private Reply | To 22 | View Replies]

To: greeneyes

I already have five lime trees. They provide shade in my basement and help me prevent scurvy.


50 posted on 05/18/2013 6:16:46 AM PDT by Sawdring
[ Post Reply | Private Reply | To 37 | View Replies]

To: Kartographer; JRandomFreeper
“maybe I should max out my credit cards cash in my 401K and sell a kidney.”

Johnny would tell you not to sell a kidney. He lost one when he fell off a mountain cliff. Some of his insides were smashed and a kidney was one of them. That fall would have killed a “normal” person, but it was Johnny so he lived despite losing a large amount of blood. It took a long time in the hospital for all his “pieces” to mend.

So, don't sell your parts, you might need them.

51 posted on 05/18/2013 6:45:21 AM PDT by Marcella (Prepping can save your life today. Going Galt is freedom.)
[ Post Reply | Private Reply | To 45 | View Replies]

To: Sawdring

Well good. So why did you ask where can a guy buy a lime?


52 posted on 05/18/2013 8:32:50 AM PDT by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
[ Post Reply | Private Reply | To 50 | View Replies]

To: greeneyes

Because a lime is different than lime. I already have a lime covered but needed to find info about lime. Thanks for the help though.


53 posted on 05/18/2013 8:36:28 AM PDT by Sawdring
[ Post Reply | Private Reply | To 52 | View Replies]

To: nascarnation

I meant the House. Apologies.


54 posted on 05/18/2013 9:55:43 AM PDT by wac3rd (Somewhere in Hell, Ted Kennedy snickers....)
[ Post Reply | Private Reply | To 29 | View Replies]

To: Sawdring

I am so sorry. I misread your post. Our Walmart has pelletized lime for garden use. Lowes, Home Depot, the local feed store or concrete plant have other types of lime.


55 posted on 05/18/2013 10:02:10 AM PDT by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
[ Post Reply | Private Reply | To 53 | View Replies]

To: Kartographer
It occurred to me that I haven’t had a tetanus booster in quite a few decades and that maybe I should prepare by getting one. Does anyone have any other recommendations for medical upgrades while I’m at it? Thanks,
56 posted on 05/18/2013 12:05:00 PM PDT by running_dog_lackey
[ Post Reply | Private Reply | To 1 | View Replies]

To: JRandomFreeper
My daughter, on the other hand, has 3 small children under the age of 6, and lost power during the storms, and couldn't find a flashlight. She has a lot of them, but couldn't lay hands on one that worked for over an hour.

The advantage to being a midnight bookworm, I'm used to finding flashlights in the dark :)
57 posted on 05/19/2013 1:59:16 PM PDT by Ellendra ("Laws were most numerous when the Commonwealth was most corrupt." -Tacitus)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Ellendra
She's a reader, too, but her e-book reader is backlit. The problem seems to be children moving flashlights and running the batteries down.

I suggested either beatings all around, or flashlight brackets above every lightswitch near a door.

/johnny

58 posted on 05/19/2013 2:46:33 PM PDT by JRandomFreeper (Gone Galt)
[ Post Reply | Private Reply | To 57 | View Replies]

To: DuncanWaring

for mosquitoes - -get a small bottle of baby oil. Add oil of citronella and oil of of cedar, you can find them at bath shops and health food stores where they sell essential oils. The bottles are a few ounces each. Mix well. Works great, you do have to shake well before every use. We took it camping for many years.


59 posted on 05/19/2013 3:21:57 PM PDT by MomwithHope (Buy and read Ameritopia by Mark Levin!)
[ Post Reply | Private Reply | To 27 | View Replies]

Comment #60 Removed by Moderator


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson