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.
The Wobblies, described in the first edition supplement Acute Paranoia. The Computer heard about this society and sent troubleshooters to spy on it. The problem was that it did not exist, and when the Troubleshooters returned with no information they were quickly executed for insubordination. A dozen or so teams later, one set of Troubleshooters got wise and founded the society solely so they could spy on it. The other societies sent spies to infiltrate this new group, and the end result is a group composed entirely of spies for other groups.
BOOKbump
Not to dis the main point of the article but...it’s little more than standard hysterical rhetoric. Novel premise about “never so bad since the 1300s” but there is no meaningful background and nothing supporting the overall hysteronics. Screaming about “worst economic crash evar! Rice! guns! Flee!” doesn’t help.
OTOH, no one in the government is doing anything to avoid an economic collapse. In fact, they are breaking their backs to make it happen. The Obammunist and his minions are doing everything to cause an economic/societal collapse, so they can replace our Republic with a Muslim/Communist society.
So preparations are not only a good idea, they're vital. Food, water, medical supplies, arms and ammo, reloading supplies, books and manuals, etc. Get in shape and be "fit to fight". Prepare to shelter and care for your family, too. Most of all, if it isn't already, get your relationship with God Almighty straightened out, 'cause in the end, it will be Him that will save us.
Scouts Out! Cavalry Ho!
"If Robert Prechter is right, one market analyst said, “we’ve basically got to go to the mountains with a gun and some soup cans.”
We’ve been in cash since the Dow was at 11,500. I’m not going back into the market for a while.
Do you own a rain barrel?
No.
I live in The Rainest City In The US. (population of 100,00 or greater)
I have a view of two lakes from my present position. I sometimes daydream looking out this window as the Osprey feed.
I am surrounded by water...water will not be a problem.
My question is?
Where are all these people/families going with there bug out backs from the cities if this comes to pass?
Apparently everyone will be 'Heading For The Hills".
That's why my rural neighbors and I have decided to make a stand right here in our neighborhood. We have a lot of resources here, why leave them?
There will be a lot of starving and dead people up there in the 'hills', IMO.
I think they will make there way down country roads with in a few days maybe a week - most will only have a few days of stuff with them while getting through to remote areas before the wild - pretty much ware I am.
Out to people that live in the country that have food supplies/generators/fuel and that have prepared for hard times just because. Its the way of life out where we live...
Then probably no Law enforcement, well there really isn’t right now - just me if things go bad these days.
Then what? I can give a few things but I think most these folks are going to be “very desperate” on their way trying to get some where.
Could be bad times... I hope not
Dang, just noticed that MRE’s are going for about $45/case. This is insane.
What are they normally?
After Hurricane Rita, and my preparations for the 2006 hurricane season, I and bought a couple of cases for I think was $26/ea. Luckily got to use them for Hurricane Ike.
I can understand that. We will be doing the same thing
Those are some good points, but a lot of modern civilization depends on law and order and respect for property rights.
Actually from the way they act, the Leftist imply that they would LIKE IT if we returned to ‘simpler time’ without those evil SUV’s ( or SUR’s for that matter), Air conditioning, Indoor plumbing, etc.
The far-left national socialists would like to return to the days when people lived off the land, blah .. blah
(Not them, of course, they are the Elite – they deserve to live better than the rest of us great unwashed)
But let's be realistic, people in past lived that way because they didn't know any better – even in the event that most of civilization were to be wiped out, some people would remember how to build engines and generators and other vestiges of civilization.
The big crux of the matter would be whether there would be the law and order infrastructure for people to rebuild.
That will be the linchpin in what happens.
The movie was an excellent adaptation of the book, and just as scary..
“I’ll try to make it over with a pizza...”
Loaded, with Italian hot sausage and lots of peppers.
I won’t have to worry about the heartburn afterwards!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.