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Preparing for the Reality of Financial Collapse
https://noqreport.com ^ | June 13, 2022 | by Dr. Joseph Mercola

Posted on 06/13/2022 11:04:44 AM PDT by Red Badger

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1 posted on 06/13/2022 11:04:44 AM PDT by Red Badger
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To: Red Badger

“Fundamental Transformation”

Leaving the Constitution behind is bringing some painful lessons.


2 posted on 06/13/2022 11:09:19 AM PDT by Lurkinanloomin ( (Natural born citizens are born here of citizen parents)(Know Islam, No Peace-No Islam, Know Peace)
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To: Lurkinanloomin

It’s going to get worse. Much worse..........................


3 posted on 06/13/2022 11:10:30 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Lurkinanloomin

We’re headed for collapse and “Leaving the Constitution behind” is going to make it all much worse.


4 posted on 06/13/2022 11:12:13 AM PDT by laplata (They want each crisis to take the greatest toll possible.)
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To: Red Badger

It’s hard to make definitive recommendations, as your strategy will depend on your personal situation, so take some time to think things through.

If you do nothing to hedge your bets, you may one day find yourself left with nothing — which is precisely what the World Economic Forum has declared will be our lot.

Other key areas of basic preparation were listed in yesterday’s article, “Are You Prepared for the Coming Food Catastrophe?”


His solution, in this article, is to read his previous article. It’s behind a paywall, with given link....so, I found it, on the NOQ site.....

Here are the solutions, from his previous article....

Solutions
There are solutions, but we have to jump on them now. In my previous article, “Why Food Prices Are Expected to Skyrocket,” I review how biodynamic farming can help us out of these dilemmas, as it doesn’t use synthetic fertilizers and requires far less water. I also discuss new investment opportunities that can support regenerative agriculture projects. On an individual, more immediate basis, however, some key areas of basic preparation include:

Food — Grow some of your own food, make friends with local farmers, create or join a local CSA, and shore up your long-term food stores. (Rather than panic buying mass quantities all at once, consider spreading it out and just buy a little more than you need for the day or week each time you go shopping. You can build up a backup supply rather quickly that way)
Water — Identify sources of potable water and make sure you have one or more ways to purify questionable water supplies
Power — Consider how you might power some of the essentials in your home if there are rolling blackouts, or the electrical grid goes down altogether
Firearms training for self defense and hunting — Learn how to use, store, carry and clean a firearm and work on your marksmanship. Other forms of self-defense training can also be useful, if nothing else, to make you feel more competent and confident in potentially high-risk situations
Communications — Give some thought to how you will communicate with friends and family if cell towers and/or internet goes down
Medicine — Stock up on nutritional supplements, medications, how-to books on alternative home remedies and first-aid supplies
Money — Keep cash on hand, including smaller denominations. Both power grid and internet outages can eliminate your ability to buy without cash. For more long-term protection against inflation, consider buying physical precious metals such as gold and silver
Remember to consider and include analog devices and manual tools in your preparation. We’re so used to having unlimited electricity and continuous wireless communications, it can be difficult to imagine the restrictions you’ll face without them. If need be, turn off the breakers in your home for a day or two, ditch all wireless devices, and see what challenges come up. Then, figure out what you need to solve them.

Also, consider keeping hardcopies of useful books and important documents, such as your most recent bank statements, asset statements, the deed to your home or car and so on.

Entire books can, and have, been written on prepping, and some will take it to extremes. But while you probably won’t need an underground bunker stocked with a decade’s-worth of food, everyone, at this point, really ought to be preparing, to some degree, for food and energy shortages.

My list above is merely a summary of some of the key areas of focus. The details of how to go about each one, however, are manifold. As a community, we can help each other with this.

https://noqreport.com/2022/06/11/are-you-prepared-for-the-coming-food-catastrophe/


5 posted on 06/13/2022 11:12:49 AM PDT by Jane Long (What we were told was a “conspiracy theory” in 2020 is now fact. 🙏🏻 Ps 33:12)
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To: Roman_War_Criminal; metmom; Pollard; Tilted Irish Kilt

Ping!


6 posted on 06/13/2022 11:13:29 AM PDT by Jane Long (What we were told was a “conspiracy theory” in 2020 is now fact. 🙏🏻 Ps 33:12)
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To: Jane Long

Lots of pain ahead.

I imagine massive riots too…


7 posted on 06/13/2022 11:22:36 AM PDT by Roman_War_Criminal (Jesus + Something = Nothing ; Jesus + Nothing = Everything )
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To: Red Badger

What is happening is a correction.

People will base decisions more on reality than bovine matter.


8 posted on 06/13/2022 11:30:09 AM PDT by Brian Griffin
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To: Red Badger

9 posted on 06/13/2022 11:35:55 AM PDT by Signalman
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To: Red Badger

....and I feel fine.


10 posted on 06/13/2022 11:38:43 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Red Badger

There’s no doubt at this point that a financial collapse is coming, but their plans for a “great reset” is being stymied by Russia who has only a 20% debt to GDP and control of a significant part of the world’s natural resources, and no desire to be a part of that reset. They can bully and marginalize Russia only so far short of WW3 which nobody except the insane neocon/globalists want, so they are currently facing quite a dilemma. China knows if Russia goes down they are next, so they are maneuvering a realignment with Russia and non Western countries.

I’m expecting the European Union to begin to splinter soon, with several European countries following their own economic interests, causing them to ignore what the US wants and establishing their own economic deals with Russia and China to save themselves from economic ruin. Most people haven’t a clue as to what is transpiring, and are going to be shocked as to how this all plays out.


11 posted on 06/13/2022 11:46:42 AM PDT by jimwatx
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To: Jane Long; 4everontheRight; 4Liberty; 5thGenTexan; 45semi; 101stAirborneVet; 300winmag; ...
Prepper Ping - USA Financial and Inflationary Problems and the “Great RESET” by WEF (World Economic Forum), A/K/A – Davos Economic Conference
“ The Controlled Demolition of Food and Finance “ and Democracy by self-described "elites" who were elected by no one !

(From the article:) “ In short, the U.S. is well beyond bankruptcy
In 2020, the World Economic Forum formally announced that a Great Reset is in the works,
and this “reset” is basically how the globalist cabal intends to “fix” this situation.
It’s not a solution for the average person, however, because The Great Reset solves the problem by transferring wealth and power into the hands of the few and erasing democracy worldwide in one fell swoop

While many still refuse to believe it, financial experts and insiders have long warned that a collapse of the U.S. currency is a mathematical inevitability
..The most surprising thing, really, is that it has lasted this long.
The same can be said for the financial system of the world as a whole.

Collapse Predictions Go Back More Than a Decade In 2011, Business Insider warned “the dollar collapse will be the single largest event in human history,”
touching “every single living person in the world.”
..They also warned that “The collapse of currencies will lead to the collapse of ALL paper assets,”
and that “The repercussions to this will have incredible results worldwide.”

" Don’t Expect a ‘Soft Landing’
All of last year, even as inflation started rising before our eyes, authorities denied that things were as bad as they seemed.
Inflation is transitory, they said.
It wasn’t until May 2022 that Federal Reserve chair Jerome Powell finally admitted that executing a soft landing may be beyond the Federal Reserve’s control (see video above).“

“ May 31, 2022, Treasury secretary Janet Yellen finally also admitted.. she was wrong when,
in 2021, she said inflation would be a “small risk” that would be “manageable” and “not a problem.”
..Yellen claimed: “There have been unanticipated and large shocks to the economy that have boosted energy and food prices,
and supply bottlenecks that affected our economy badly that I didn’t, at the time, fully understand.”

"How the treasury secretary could be so ignorant of fiscal realities is hard to fathom.
But she’s not the only one trying to blame our financial situation on “unanticipated” events.
Participants at the World Economic Forum’s Davos meeting blame inflation on corporate greed,
which only proves they’re unqualified to manage anything, let alone a global economy. “

12 posted on 06/13/2022 11:57:47 AM PDT by Tilted Irish Kilt (Victory Loves Preparation - (movie) "The Mechanic")
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To: Red Badger

Did not read. This is stupid. It is too late to prepare.

Recession is here. The only questions are:

How long?
How deep?
How long to recover?

It took an S&P investor:

4 years to climb back to even from the Arab oil embargo of ‘73
2 years from the Arab-Israeli war of ‘77-’78
0 years from the crash of ‘87, it didn’t register for the year as a drop
7 years to climb back to even from the .com bust of 2000 and 9/11/2001
4 years to claw back up from 2008 so the market didn’t recover for long until 2012 and was mostly down for 12 years


13 posted on 06/13/2022 11:58:58 AM PDT by Sequoyah101 (Politicians are only marginally good at one thing, being politicians. Otherwise they are fools.)
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To: Red Badger

📌


14 posted on 06/13/2022 12:05:46 PM PDT by Varsity Flight ( "War by the prophesies set before you." I Timothy 1:18)
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To: jimwatx

📌


15 posted on 06/13/2022 12:08:02 PM PDT by Varsity Flight ( "War by the prophesies set before you." I Timothy 1:18)
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To: jimwatx

Good analysis.

Hopefully this puts the Great Reset into damage control mode and prevents them from taking advantage of what’s happening.

The WEF is going to have their hands full because many countries do not want any kind of reset.


16 posted on 06/13/2022 12:09:20 PM PDT by laplata (They want each crisis to take the greatest toll possible.)
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To: Red Badger

In well over half a century I have not seen the economic mood turn so bad so quickly.

We were warned by Ross Perot in 1992.

We should have taken 2008 as a wake up call and took the losses then.

We never should have had Covid lockdowns.

We never should have paid people not to work.

We never should have shuttered our domestic energy production.

This economy is dead. As Kimdotcom put it if we sold off everything in the United States, everything, we are still $66 trillion short.

To make matters worse the population in the United States is not as resilient as that in many parts of the world.

Most people do not grow their own food. Take a look at satellite images in Google maps. Very few people have gardens.

Most of what we grow is grass...to look at. An area about the size of the state of Georgia is turfgrass.

At least in Europe they grow food in almost every nook and cranny, that was one of the first things I noticed the very first time I went there.


17 posted on 06/13/2022 12:13:22 PM PDT by packagingguy
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To: Red Badger
Japan On Verge Of Systemic Collapse With “Dramatic, Unpredictable Non-Linearities” In Financial Markets, DB Warns
18 posted on 06/13/2022 12:15:07 PM PDT by blam
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To: Jane Long

Thanks.
BKMK


19 posted on 06/13/2022 12:23:15 PM PDT by Faith65 (Isaiah 40:31 )
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To: Brian Griffin

Yep, thanks to President Joe Butt-Head and his woke ESG corporate buddies ruining our economy. Nothing wrong with anticipating shortages of food and power in this economic climate.


20 posted on 06/13/2022 12:32:15 PM PDT by Tolerance Sucks Rocks (Bus No. 2525)
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