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20 Signs That The Global Economic Crisis Is Starting To Catch Fire
Freedom Outpost ^ | February 14, 2014 | Michael Snyder

Posted on 02/14/2014 7:46:25 PM PST by Tolerance Sucks Rocks

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1 posted on 02/14/2014 7:46:25 PM PST by Tolerance Sucks Rocks
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To: Kartographer; Marcella; blam; JRandomFreeper; null and void; Lazamataz

OH, SH*T!


2 posted on 02/14/2014 7:47:00 PM PST by Tolerance Sucks Rocks (Colorado: the Maryland of the Mountain West)
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To: Tolerance Sucks Rocks
Got a garden?

/johnny

3 posted on 02/14/2014 7:53:04 PM PST by JRandomFreeper (Gone Galt)
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To: Tolerance Sucks Rocks

It’s interesting that the state department has said NOTHING on the complete overthrow of democracy in Venezuela. Maduro has ordered all his opposition arrested and appointed himself dictator. Obama silent because he’s a fellow Marxist.


4 posted on 02/14/2014 7:56:33 PM PST by Viennacon
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To: Tolerance Sucks Rocks

Anybody else feel a nice big war coming? Last time this happened was the Depression, took a few years for it to start but now in a world run by machines it could come much faster. Time honored cure all for the problems caused by corrupt bankers and governments, wipe the slate clean and get a few tens of millions killed, just part of doing corrupt business.


5 posted on 02/14/2014 8:02:34 PM PST by Foundahardheadedwoman (God don't have a statute of limitations)
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To: Tolerance Sucks Rocks

It’s only SHTF for developed nations, and those emerging markets that rely on investment rather than production to fuel growth.

China is fine. Russia is fine. Chile and Uruguay are probably OK. Mexico is on the upswing. Iceland has exited the Bankstersphere and is doing well.

The Anglosphere is FUBAR. The EEU is FUBAR. Everywhere in South and Central America outside of Chile and Uruguay is FUBAR. India might be FUBAR. South Africa is FUBAR. The rest of Africa has been FUBAR since before Strom Thurmond took office, but parts of it might be looking up. The middle-east has always been, and will always be a special brand of FUBAR.

Did I miss anyone?


6 posted on 02/14/2014 8:05:09 PM PST by CowboyJay (Cruz'-ing in 2016!)
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To: Foundahardheadedwoman

“Last time this happened was the Depression”

Pretty much the same causes now. 1/2 of the labor force was rendered obsolete. If history has taught us anything, it should be that large masses of people with nothing but time on their hands tend to cause problems.


7 posted on 02/14/2014 8:07:38 PM PST by CowboyJay (Cruz'-ing in 2016!)
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To: Tolerance Sucks Rocks

Those banker deaths are fascinating.


8 posted on 02/14/2014 8:08:25 PM PST by MarMema ("If Americans really wanted Obamacare, you wouldn't need a law to make them buy it." Ted Cruz)
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To: Tolerance Sucks Rocks

So your new book will solve everything, or you just want to make some money before the world economy collapses?


9 posted on 02/14/2014 8:13:09 PM PST by Fungi
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To: Tolerance Sucks Rocks

Well, hell. Before I read this I was only slightly depressed.


10 posted on 02/14/2014 8:14:34 PM PST by ChildOfThe60s ((If you can remember the 60s.....you weren't really there)
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To: Foundahardheadedwoman
The problem is that we may be headed for a perfect repeat of the 1930's: severe economic malaise plus increased political extremism that only has one ugly result: a general world war. And we still have several thousand operational nuclear weapons, many of which will hit their targets within 30 minutes of the order to use these weapons.

Will we be living in a situation where we're getting economic growth from 2020 on under the shadow of 35-40% of the human race wiped out by world war?

11 posted on 02/14/2014 8:21:15 PM PST by RayChuang88 (FairTax: America's economic cure)
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To: Tolerance Sucks Rocks

Those 20 items are minor events.


12 posted on 02/14/2014 8:25:39 PM PST by Southack (The one thing preppers need from the 1st World? http://tinyurl.com/ktfwljc .)
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To: RayChuang88

Looks like the investment opportunity of the future might be in hazmat clean up. Anybody think this saber rattling is not a concerted effort by the corrupt that have put us in this situation to clean the slate with war? Anybody think these people are not capable of it?


13 posted on 02/14/2014 8:28:32 PM PST by Foundahardheadedwoman (God don't have a statute of limitations)
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To: CowboyJay

I would be careful, because there are off shore banking, swaps, derivatives and etc etc that is not on the books. Experts estimate the world has about $ 1.500 quadrillion (1000 trillions) of these invisible interlocking debts. If it implodes because other economies are imploding or US interest rates are increasing (rumor has it that the Feds must find a way to prevent the 10 year T bond yields to exceed 3 percent or it will unhinge the interest rate swaps that the US has with other banks in the world. Just to give you an idea of scale, the US economy is 17 trillion, add the world economy to the US economy it becomes 65 trillion. The US debt is 16 trillion, plus 70 trillion in unfunded liabilities plus 30 trillion in unseen deals made by the Fed Reserve with foreign banks, deals backed by the US Treasury (ala US taxpayers). Worst case US debt is about equal to the entire global GDP times 2. Off shore derivatives and other exotic vehicles is $ 1500 trillion. IMHO when the world interlocking scheme and attempt to preserve the world reserve currency (US dollar) falls apart the nations of the world will come up with a new world currency backed by a basket of hard assets. This is why China and Russia is buying gold even when the price of gold drops in US dollars. China is hedging her bets to cover potential loss in the $ 1 trillion worth of US T bonds she had invested in. China cannot dump the US T bills without injuring her economy, but she cannot sit by as the US gov keeps piling debt on debt till the dollar implodes. China and Russia has a plan, do we FR and Tea Party members have a plan for self and family when banks are closed and the Fed Gov is forced to reset the US dollar.


14 posted on 02/14/2014 8:33:29 PM PST by Fee ( Big Gov and Big Business are Enemies of America)
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To: Southack

China just outpaced India as the world’s largest buyer of gold. Oil just busted thru 100/bucks again. Iran has decided to help patrol our coastal waters. Don’t worry about the small stuff and its all small stuff, you think?


15 posted on 02/14/2014 8:33:37 PM PST by Foundahardheadedwoman (God don't have a statute of limitations)
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To: Tolerance Sucks Rocks

“OH, SH*T!”

Don’t get upset, buy another bag of died bean soup mix and a box of instant rice - repeat every time you go to the grocery. If you don’t have a Big Berky water purifier, get one. Then, don’t worry, be happy :o).


16 posted on 02/14/2014 8:56:36 PM PST by Marcella ((Prepping can save your life today. I am a Christian, not a Muslim.))
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To: JRandomFreeper

I’d have to spend a year breaking up all the rocks in my soil just to grow one.


17 posted on 02/14/2014 9:12:27 PM PST by Tolerance Sucks Rocks (Colorado: the Maryland of the Mountain West)
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To: MarMema

In a what-did-they-know-that-we-don’t sort of way.


18 posted on 02/14/2014 9:14:43 PM PST by Tolerance Sucks Rocks (Colorado: the Maryland of the Mountain West)
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To: Fungi

I only posted the article; I did not write it.


19 posted on 02/14/2014 9:15:07 PM PST by Tolerance Sucks Rocks (Colorado: the Maryland of the Mountain West)
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To: Tolerance Sucks Rocks

bkmk


20 posted on 02/14/2014 9:16:55 PM PST by AllAmericanGirl44
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