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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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I'm on my way out for all-you-can-eat Chinese dinner.
1 posted on 07/05/2010 3:22:27 PM PDT by blam
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To: blam

Anyone planning on rampaging should not plan on doing it within 700 yards of my house.


2 posted on 07/05/2010 3:26:01 PM PDT by snowrip (Liberal? You are a socialist idiot with no rational argument.)
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To: snowrip

and if theres no wind make it 800 yards


3 posted on 07/05/2010 3:27:00 PM PDT by barmag25
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To: blam

Y2K?


4 posted on 07/05/2010 3:28:43 PM PDT by PAR35
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To: blam

You will never get out of there. I heard many are still hungry after eating Chinese food. So ever time you think you are done and get up to leave you will want to go back for more. Be Careful this could be a never ending cycle if they are open 24 hrs a day.


5 posted on 07/05/2010 3:29:41 PM PDT by ThomasThomas (Isn't enough always enough?)
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To: blam

Does this mean it is going to be a target-rich environment?


6 posted on 07/05/2010 3:29:51 PM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: PAR35

I don’t think it’s y2k, I think it’s more realistic than believing we’re going to come out of this unscathed.

I truly think Obama and the socialists would welcome such a dark scenario because they could use the chaos to take further control. It’s scary but then what isn’t scary in these times.


7 posted on 07/05/2010 3:31:17 PM PDT by Kenny
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To: blam
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

Not the Jews? Aww, man, there goes my futures investments... /s

8 posted on 07/05/2010 3:31:53 PM PDT by kingu (Favorite Sticker: Lost hope, and Obama took my change.)
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To: blam
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.

Oooo-kay.

9 posted on 07/05/2010 3:31:53 PM PDT by Slings and Arrows (You can't have IngSoc without an Emmanuel Goldstein.)
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To: blam

Jacques De Molay got his revenge. And then some.


10 posted on 07/05/2010 3:32:03 PM PDT by Jacquerie
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I have not read the book, but watched the movie The Road.
I thought I was "ready" for things. I still have a ways to go considering I have a family.
11 posted on 07/05/2010 3:32:05 PM PDT by Michael Barnes (Call me when the bullets start flying.)
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To: Slings and Arrows

Wow, same brain cell, apparently... :)


12 posted on 07/05/2010 3:32:43 PM PDT by kingu (Favorite Sticker: Lost hope, and Obama took my change.)
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To: blam

Chapman’s a big fade.

5/20/09


Some US embassies worldwide are being advised to purchase massive amounts of local currencies; enough to last them a year. Some embassies are being sent enormous amounts of US cash to purchase currencies from those govts, quietly. But not £’s. Inside the State Dept there is a sense of sadness & foreboding that ‘something’ is about to happen, unknown re a date—just that within 180 days, but could be 120-150 days.”

Bob quotes another source that “Panasonic has told their people to be back in Japan by Sept 09.”

Harry Schultz, dean of newsletter writers, has quoted the Chapman letter of May 30 regarding US embassies being sent large amounts of cash with which to buy local *currencies, to last them a year. Here is Harry’s remarkable take on the situation:

“My HSL suspicion is that the elite plan another FDR style “bank holiday” of indefinite length, perhaps very soon, to let the insiders sort-out the bank mess which is getting more out of their control every day.*Insiders want/need to impose new bank rules. Widespread nationalization could result, already under way. It could also lead to a formal US$ devaluation, as FDR did by revaluing gold (& then confiscating it).

Read more: http://thecomingdepression.blogspot.com/2009/06/bank-holiday-coming-prepare.html#ixzz0sqk1xIUM
Under Creative Commons License: Attribution...”

Does the word “dementia” ring a bell?


13 posted on 07/05/2010 3:33:25 PM PDT by OpusatFR
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To: blam

Watch out for the fish soup. Wonderful, but havoc when you have to sit in one place the next day.


14 posted on 07/05/2010 3:35:14 PM PDT by OpusatFR
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To: PAR35

If anyone does not provide for his relatives, and
especially for his immediate family, he has
denied the faith and is worse than an unbeliever.
1 Timothy 5:8


15 posted on 07/05/2010 3:35:35 PM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: blam
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

Just the start of the mini-ice age that lasted from 1350 to 1750.

Caused by lack of sunspots.

see

http://sohowww.nascom.nasa.gov/sunspots/

for the one and only sunspot this last week as the sun rotates once in 27 days.

bottom line...prepare for another mini ice age as well as that listed above.

16 posted on 07/05/2010 3:36:22 PM PDT by spokeshave (From The One to zero in just 18 months – the myth has ended.)
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To: snowrip

I am going to have to get something that reaches out further than my 12ga.


17 posted on 07/05/2010 3:37:44 PM PDT by Recon Dad ( Don't sweat the petty things and don't pet the sweaty things)
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To: Kenny
It’s scary but then what isn’t scary in these times.

If your think about it; most Americans are simply coasting through life under the protection of the U.S. Military by and large. Most have NEVER known REAL hardships or even seen real hardships outside some show they watched on discovery or history channel (if that didn't get in the way of American Idol).

I'd wager 70% of this country is only nine meals away from complete anarchy.

If the U.S. Government and command and control of the U.S. infrastructure were wholly taken out, we would lose 50% of our population to starvation within six weeks; that is of course if we are still the United States following such a melee.

18 posted on 07/05/2010 3:38:14 PM PDT by Michael Barnes (Call me when the bullets start flying.)
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To: blam

I went inside a local bank (in a nice area) on Friday to discover they had installed bullet proof glass from the teller counter to the ceiling along the entire length of the building.

I was shocked...how third world. They must know something is coming.


19 posted on 07/05/2010 3:38:18 PM PDT by Selene
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To: blam

Many of us believe that once the economy collapses, that a reinvigorated Soviet Union and China, and their allies, will attack in masse. If prepping, make sure you are ready for nuclear war (Fallout shelters)

http://www.freerepublic.com/focus/f-bloggers/2547352/posts


20 posted on 07/05/2010 3:38:33 PM PDT by Thunder90 (Fighting for truth and the American way... http://citizensfortruthandtheamericanway.blogspot.com/)
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