Posted on 05/17/2013 3:11:23 PM PDT by Kartographer
Its a Catch 22. Theres no way out.
If the government acknowledges what is happening, confidence in the economy and financial markets will be lost and well 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 were 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 were 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 ...
Please consider this our weekly Preppers’ Thread to post progress, good buys, DIY projects, questions, advice and ideas....
Please consider this our weekly Preppers Thread to post progress, good buys, DIY projects, questions, advice and ideas....
So who are the creditors when the rest of the world is broke as well? Who can physically collect what is owed on the debt? An internationally agreed upon debt jubilee where all debt everywhere owed to everyone is summarily cancelled is probably the way to go! Unfortunately, a very evil person will probably be at the helm of it all and certain economic and biometric controls will be imposed on folks in order for anyone to take part in the debt relief revolution!
Everyone should see the movie, Too Big To Fail. Or read the book.
He also came across a casualty that was pretty 'horrific', as he put it. He wasn't mentally or emotionally prepared for a partially dismembered body.
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.
It was over 15 hours before we got word that all of the family that lives in/around Grandbury were safe.
Upshot: Have a go bag. Know where your stuff is, even in the dark. Be mentally/emotionally prepared for seeing really bad stuff. Have a plan for contacting family/friends.
/johnny
POP!
and we all fall down.
China is poised to be a global superpower if they can get their people in line. They’ll collect the debt with blood on our shores. I fear the next war will be fought on American soil.
Here is my fear, after 2014, even with the vote theft, the GOP holds the WH and Obama knows he is truly a termed out lame duck President.
When nothing else to grandstand for, in January 2015, the Fed stops buying UST bills and the whole party turns into Weimar, quickly.
This is when it hits b/c the elites are packing up and letting the Detroit, DC, Oakland, LA’s of the USA just eat their own. No more EBT, no SNAP, no Section 8...when the party ends, it will be ugly.
I think that if China attacked us, we would melt about 10 cities in a day with nukes.
So who are the creditors when the rest of the world is broke as well? Who can physically collect what is owed on the debt? An internationally agreed upon debt jubilee where all debt everywhere owed to everyone is summarily cancelled is probably the way to go! Unfortunately, a very evil person will probably be at the helm of it all and certain economic and biometric controls will be imposed on folks in order for anyone to take part in the debt relief revolution!
It will be a pyrrhic victory and China will not receive what it hoped to get. They owe us 1.5 trillion in terms of old debt and interest dating back to world war 2 and a case can be made for their robbery of our economy thru the 90’s by pegging their yuan artificially higher against our then strong dollar....until Bush allowed our currency to float against the currencies of the world. It shook China off our currency like a dolphin shakes off a lamprey.
Meanwhile we’ll probably pump more oil and gas into the world economy and begin to fill our bubble with some substance!
can you add me to your preppers list....I didn’t know you had a weekly thread...thx
China’s economy is slowing down too.
The creditors are the US taxpayers until the tree of liberty is refreshed.
Sams (online) has $300 off their Food Storage Kit. Item #484863. Offer good from May15 - June 9. If you’re a Sams Club member.
Pop goes the weasel-ers: i.e., the lion’s share of the Western worlds aristocrates. Unfortunately, the weasel-ees will (in general) pay more dearly for this MOOTA scam (Money-Out-Of-Thin-Air); the crime of world history...
Posts like this inspire me to buy more stocks. The market climbs a wall of worry.
Maybe Gorebull Warming will get us first (snort).
Bad decision.
http://silverdoctors.com/headed-towards-a-brick-wall/#more-26703
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