Just a ping — I know you’re expecting this global travesty but couldn’t help but try and elicit a comment or two.
bttt
Ping
ping
Ping.
Lets hope its wrong, though Europe does seem to be having a lot of bank runs lately....
Ping.
Lets hope its wrong, though Europe does seem to be having a lot of bank runs lately....
“•That is the end of the fractional reserve banking system and of fiat money.”
So, explain to us why this is so bad. The fractional reserve banking system is the root of all evil in today’s economies. Fiat Money is not worth the paper on which it is printed.
This is all gibberish to me. What would this mean to me as a person who does not invest? Price increases? Soaring food prices? Are we talking worse than the Great Depression type fiasco?
Zero sense hedgehog blog. Typical of their crap.
Silver seems to be a safe invest, but in a reset, nothing but seeds will be secure ........................................ FRegards
“The real problem is that the $70 trillion in G10 debt is the collateral for $700 trillion in derivatives…”
This is total and utter rubbish. Makes the rest of the statements suspect.
A big reset could be an ideal time for the Antichrist to show up on the scene. We would need ssomeone to save us. ;)
Except laying up supplies of freeze-dried food, beans and flour - along with enough ammo to hold of horrific mobs, and government troops - about all you can do is watch the implosion with the rest of us.
This is what they want - in order to bring about global government, one world currency, etc. etc.
But, hang on to your hat - that brings on the so called 'end times' - which is the best thing that could possibly happen to these global-government madmen. They lose, we win.
Bookmark for later.
http://www.trunews.com/Audio/5_11_12_friday_trunews2.mp3
http://www.trunews.com/Audio/m3u/5_11_12_friday_trunews2.m3u
I hope the fricken world blows itself to kingdom come tomorrow.
I hope he is right and we have another year or so, but like it or not the world’s economy is in for a fall and the piper will have to be paid! We might not fall as far or as hard as many countries, but I believe a fall 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.”
It’s going to happen one way or another.
With somewhere around $100 trillion in combined debt and unfunded liabilities there are really only two realistic outcomes - a collapse and default or inflate the dollar to the point it can all be paid off with what will amount to pennies on the dollar.
Politicians will elect to inflate the dollar if given a choice but they might not get to choose. Their one-world utopian economy has linked our destiny so closely with Europe that they might well drag us down.
From our vantage point the end effect on us and our children will be the same either way - TEOTWAWKI
Either the U.S. will become the stable safe haven the world needs monetarily, or President Obama will be re-elected...
At least it’s Friday.