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Coming Chaos: No Banks, No Public Facilities, No Food and Rampaging Gangs of Desperate People
The Market Oracle ^ | 7-5-2010 | Mac Salvo

Posted on 07/05/2010 3:22:21 PM PDT by blam

Coming Chaos: No Banks, No Public Facilities, No Food And Rampaging Gangs Of Desperate People

Politics / Social Issues
Jul 05, 2010 - 02:18 PM
By: Mac_Slavo

Bob Chapman, of The International Forecaster, says it’s time to prepare for the worst, comparing our impending economic crisis to that which was experienced at the onset of 1348 and the following century and a half.

Flashback to 1348:

The Black Death is estimated to have killed 30% to 60% of Europe’s population, reducing the world’s population from an estimated 450 million to between 350 and 375 million in 1400.
This has been seen as creating a series of religious, social and economic upheavals which had profound effects on the course of European history. It took 150 years for Europe’s population to recover. The plague returned at various times, resulting in a larger number of deaths, until it left Europe in the 19th century.

While Chapman does not suggest we will experience our own black plague pandemic, he predicts that the consequences of our economic collapse may lead to total destabilization and wars, much like post-plague Europe.

As you are now well aware Fannie and Freddie are going to punish people who have stopped paying their mortgages, who can pay them, and who are paying other bills instead.
This leaves lenders with foreclosures and much more inventory than they ever imagined. This additional problem will bring on the double dip that Wall Street and Washington so fear.
As a result of this and other failures we are about to experience the worst economic collapse sine 1348.
The stock market is topping out readying itself for its most disastrous fall in history. The fall will be followed by years of depression, all of which has been deliberately created to bring the world economically and financially to its knees in an attempt to bring about world government by Illuminists. Some market analysts understand where the market is headed, but most who do understand, write and talk about the mundane observable trappings and not what the situation is really all about.
We have several analysts talking about a market collapse. They do not talk about the real forces behind our misfortune.

There are always these lone voices in the wilderness, which at best – some 15% of the populace – listens too. You had better listen this time because it could well cost you not only your assets, but your life, especially when another war is being prepared for you to engage in. Nothing is really as it seems to be and there are no coincidences. You are about to enter a world of chaos from which few will survive unscathed.
A world of no banks, no public facilities, no food and rampaging gangs of desperate people. Unemployment of 50% and little law and order. Violence will be rife. This is not a pretty picture, but we have spared you the details. The world had better wake up fast so they’ll be prepared to deal with what is to come. If you were not aware of it the dark side really exists.

… We are now entering the next to last phase of our journey. The wanton creation of wealth, inflation and perhaps hyperinflation, which will rob you of your assets. A stealth attack on what you have left by the people who control your government.
Such monetary creation is the only way these people can keep the game going. They know it won’t last, but they proceed anyway. For awhile they’ll keep the multitudes at bay with extended unemployment and food stamps, but that will fade in time for lack of financial control, as the system begins to break down.

You already see all fiat currencies under fire, as is sovereign debt. Can it get any worse? Of course it can, and it will. Implosion is the word everyone is going to discover and understand.

The picture Bob Chapman paints is one that may lead to an initial reaction of, “What? No way that can happen.”

Perhaps it can’t happen. Perhaps, it really is different this time and our benevolent leaders and the powers that be are capable of managing this crisis. Perhaps they will restore jobs to pre-crash levels. Perhaps home prices will go back up to record 2006 levels because tens of thousands of buyers will appear in the market. Perhaps the Federal reserve will be able to sell of their toxic assets, not have to print more money to bail anyone out, and the world will demand that the dollar remain the reserve currency of choice.
Perhaps all of these people in delinquency on their mortgages will be able to catch up on those late payments. Perhaps governments will stop spending more than they take in and all of their debts will be paid off.
Perhaps the globe’s top financiers will figure out a way to deleverage the trillions of bad debt currently working it’s way through the system.

Or, perhaps they will not be able to reverse course.

Let’s assume that they can’t reverse course. How bad can it really get?

This is something that our elected officials and those at the Fed, Treasury and large institutions will not overtly discuss.

But clues have been dropped throughout the last several years. And, you need to look no further than those very same officials.

President Obama, during the green shoots recovery of 2009 and 2010, told the American people that a depression was avoided. Thus, we can assume that a depression is a strong possibility if we are in fact about to see another economic collapse.

In 2008 and 2009, former Secretary of Treasury Henry Paulson said that we were “on the brink,” in fact, after he left his position with Treasury, he wrote a book with this very title.
The brink, from what we can surmise, meant a complete collapse of our financial, economic and political systems. The result would have been martial law. Hard to believe? Yes. Impossible? No:

Many of us were told in private conversations that if we voted against this bill on Monday, that the sky would fall, the market would drop two or three thousands points the first day, another couple thousand the second day, and a few members were even told that there would be martial law in America if we voted no.

House Representative Brad Sherman (D-California) Debate on the House Floor, October 2, 2008 [video source]

If you are a prepper - someone who is planning on worst-case scenarios in order to preserve your life, liberty, and wealth - then you, like us, should assume that the worst case scenario has not been avoided.

We’ve discussed possible outcomes before, as well as ways to prepare if the worst does happen. The following articles may be of assistance with collapse scenarios, and ways to prepare and survive:

Hyperinflationary Depression - No Way of Avoiding Financial Armageddon

What is Money When the System Collapses?

If You Haven’t Acquired Self Defense Capabilities, the Time to Do So Was Yesterday

We realize that sometimes we sound like a broken record, but at the very least, make sure you have reserve food, water, self defense weapons, ammunition, and if possible, a way to get out of the city if you happen to live in one.

The worst of it is still ahead.


TOPICS: News/Current Events
KEYWORDS: depression; doom; emergencyprep; politics; preppers; recession; recovery
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To: djf

“Let me tell you something about humans, nephew: They’re a wonderful, friendly people - as long as their bellies are full and their holosuites are working.

“But take away their creature comforts, deprive them of food, sleep, sonic showers, put their lives in jeopardy over an extended period of time and those friendly, intelligent, wonderful people...will become as nasty and as violent as the most blood-thirsty klingon.”

Quark from: The Siege of AR-558 (#7.8)” (1998)

As quoted in my Preparedness Manual which you can download at:

http://www.mediafire.com/?tyoktknynnl


141 posted on 07/05/2010 8:56:44 PM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: snowrip

Same goes here. But make that 100 yards. Can’t be too careful.


142 posted on 07/05/2010 9:00:28 PM PDT by XenaLee (The only good commie is a dead commie.)
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To: Kartographer

Taking out your local mosque is a very simple task. No need for concern.


143 posted on 07/05/2010 9:01:48 PM PDT by B4Ranch (Remember, guys, the enemy is to the left.)
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To: Southack
"The whole concept of an inflationary depression is ludicrous."

With 'helicopter Ben?'

I have more respect for your opinion on this subject than my own.
So, where do we go from here?

Aren't we in a deflationary spiral?

144 posted on 07/05/2010 9:03:48 PM PDT by blam
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To: blam

Yup. Debt is deflationary, and we are awash in debt. Japan never did figure a way out.

Japan has been stuck in this deflationary spiral since 1989.


145 posted on 07/05/2010 9:08:45 PM PDT by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: headsonpikes
Chinese Premier Says Global Crisis More Serious Than Expected


146 posted on 07/05/2010 9:15:58 PM PDT by blam
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To: Southack
"Japan has been stuck in this deflationary spiral since 1989."

Yup. That was the year I quit drinking (LOL) and the Nikkei was 39,000.

So, are you saying that we'll just have 'lost decades' like the Japanese. Our multicultural/racial society won't weather it like the Japanese.

147 posted on 07/05/2010 9:18:53 PM PDT by blam
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To: blam
Our multicultural/racial society won't weather it like the Japanese.

Think Bosnia.

148 posted on 07/05/2010 9:22:00 PM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: Kartographer

Already got it! It’s pretty good!

Over the weekend, at a garage sale, I acquired 2 of these giant, polypropylene containers that some guy had been using when he went camping, etc. for water storage.

Easily 35 gallons each. I think in their former lives they were used to ship like Coke syrup...

I just have to find a place I can put them where they won’t freeze. Cause I sure ain’t gonna be moving them when they are full!!


149 posted on 07/05/2010 9:25:01 PM PDT by djf
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To: Lurker
"Think Bosnia."

Gulp...

150 posted on 07/05/2010 9:37:29 PM PDT by blam
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To: blam

Yep.


151 posted on 07/05/2010 9:41:40 PM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: Thunder90

Fallout shelters make great root cellars.


152 posted on 07/05/2010 10:22:42 PM PDT by Ellendra (I'll believe it's a crisis when the people who say it's a crisis, ACT like it's a crisis!)
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To: driftdiver

I checked it out and they’re good to go in my state.


153 posted on 07/06/2010 3:17:54 AM PDT by Recon Dad ( Don't sweat the petty things and don't pet the sweaty things)
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To: Slings and Arrows

Just remember that for every Conspiracy theorist who posits there is an adversarial group that thinks they can control more by secret conspiracy, there also exists a person who thinks they can get ahead by becoming complicit and encouraging such a conspiracy. Even if they both are nuts, a conspiracy will still form.


154 posted on 07/06/2010 3:40:33 AM PDT by Cvengr (Adversity in life and death is inevitable. Thru faith in Christ, stress is optional.)
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To: DTogo

“In such a situation Martial Law may not be a viable option as the Reserve/National Guard types, and many LEOs would be too pre-occupied protecting their own.”

You only need to read cop blogs to know that is precisely the plan. Look at the LA riots to see the plan in action. When the LA cops were confronted with mobs throwing bricks and bottles, they hopped in their cars and drove home. Same will happen in the military.

The only people who protected lives and property were the Korean businessmen sitting on their roofs with rifles.

Same scenario in the 1967-68 riots. When the inner-city idiots tried to take their message past the ghetto, they found citizens standing in their neighborhoods with rifles, shotguns and pistols. In Milwaukee, for example, citizens stood at barricades armed to the teeth at bridges connecting the ghetto to the middle class neighborhoods.

Anyone who thinks that obama voters will be rampaging through neighborhoods shooting people just doesn’t know history and what people will do to defend their families. Any rioters coming in will be going home in bodybags.

Be prepared.


155 posted on 07/06/2010 4:42:25 AM PDT by sergeantdave
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To: spokeshave
for the one and only sunspot this last week as the sun rotates once in 27 days.

Not only are there far fewer/smaller sunspots, the overall strength of the Sun's magnetic field has been decreasing for several decades.

It's been demonstrated in a lab that lower magnetic field => more gamma rays => more clouds.

Real science, not "computer models".

156 posted on 07/06/2010 5:08:36 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: blam

Like Phil Sheridan said’ “ the only good Illuminists, is a dead Illuminists


157 posted on 07/06/2010 5:25:58 AM PDT by bert (K.E. N.P. N.C. +12 ..... The winds of war are freshening)
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To: Kartographer
Good weapon but it will cost you a ‘grand’ easy.

I think they start at about half that at the CMP.

158 posted on 07/06/2010 5:31:01 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: DuncanWaring

Looks as if they do have a few Field grade models starting at $495. I got my new Bulgarian, 4 magazines plus 2160 rds of ammunition for $675. It’s all in what you want, the pluse side of the AK74 is my wife can easily pick it up, carry it and shoot it. You can’t stay awake 24/7.


159 posted on 07/06/2010 5:42:18 AM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: NeoCaveman

i LOLed when i saw your ping!


160 posted on 07/06/2010 7:11:44 AM PDT by xsmommy
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