The Economic Collapse

[Camilo]

Startling Evidence That Central Banks And Wall Street Insiders Are Rapidly Preparing For Something BIG

http://theeconomiccollapseblog.com/archives/startling-evidence-that-central-banks-and-wall-street-insiders-are-rapidly-preparing-for-something-big

[Arpheus]

Man these articles are so infused with fear it makes it very unpleasant ,i think we all know that something big is coming but why do people always have to paint the most violent disastrous scenario for the possible outcome,i mean seriously?I doubt that anyone can really foresee whats actually going to take place when the crap hits the fan's let try and remain positive about this as I am sure a positive outlook will help create a better end for us all !!

[jackovesk]

90% Probability the real 'Collapse' will transpire between now & next April 2013...

Max Keiser - 8/17/2012

:attention: Pay 'Attention' to where the 'Smart Money' is being invested...

You need not look any further than 'Top-Tier' Hedge-Fund Managers...:yes4:

The 'Smart Money' have a 'Huge-Weighting' of physical 'Gold & Silver' in their portfolio's...

PS - Another Tip: Also pay close attention to the 'Derivatives'...

i.e. JP Morgan has $90 Trillion worth of 'Derivatives' just waiting to be 'Dumped' onto the market aswell...:scared:

[ThePythonicCow]

Man these articles are so infused with fear it makes it very unpleasant ,i think we all know that something big is coming but why do people always have to paint the most violent disastrous scenario for the possible outcome,i mean seriously?I doubt that anyone can really foresee whats actually going to take place when the crap hits the fan's let try and remain positive about this as I am sure a positive outlook will help create a better end for us all !!
Some of us would rather try to figure out what is, figuring that gives us the best chance of doing as well as we can by it.

Apparently some of us would rather hear positive stories, true or not. I wonder if those people are figuring that personal action, arising from personal choice, grounded in personal awareness, is rather powerless, so their best chance is for "something nice to come down their way."

I'll choose plan A, thank-you. I look to see what is and what is likely to be, and then make the best I can of it. My preferences are more often used to guide the choices I make, than they are to passively describe what I anticipate will be imposed on me.

[jackovesk]

Man these articles are so infused with fear it makes it very unpleasant ,i think we all know that something big is coming but why do people always have to paint the most violent disastrous scenario for the possible outcome,i mean seriously?I doubt that anyone can really foresee whats actually going to take place when the crap hits the fan's let try and remain positive about this as I am sure a positive outlook will help create a better end for us all !!

Hello Arpheus..:)

I've got a Tip for you...

"However BAD you think the 'Real Collapse' will be..? Multiply it by 100 times and you may just get closer to just...What its actually going to be like..!" :yes4:

However, I must stipulate this...

Only for Some..:noidea: The rest have already prepared themselves accordingly...

Try to think of it as a 'Learning Experience', certainly you can take the positive out of that...:)

PS - Moral of the story...

Some prefer the cold hard 'Truth' and don't even think about the 'Fear' aspect because they have educated themselves for the inevitable...

Oh the 'Reality' of it all...:faint:

Maybe this bit of 'Advice' might help...


People's consciousness are kept in a continuous survival or fear mode. Deep down everyone is afraid of annihilation or not-existing, and this is part of the initial programming that was placed into humanity for control purposes..!

Now if you accept this and simply just discard the 'Fear' aspect...

See - Your feeling better already...:yes4:

[Arpheus]

My finances have never allowed me to prepare for anything,i live in such a tight budget there is simply absolutely no room for extra income in my life,i care less about material things for the most part,so then and i am sure i am not the only avalonian barely surviving in our economy as it is,an i agree with you jacko i know it will be ugly,but you know what i have ZERO fear,because my spirit is strong like a mountain and i know in my heart that whatever happens,i will prevail one way or another,so you know what i say bring it on,because i dont have a single can of food storaged,but i dont care cause i can go a long time without eating heh.

[ThePythonicCow]

"However BAD you think the 'Real Collapse' will be..? Multiply it by 100 times and you may just get closer to just...What its actually going to be like..!"

Yeah ... it's fixing to be a "biggie".

[gooty64]

Would someone on here summarize why they think economic collapse is imminent and going to be colossal.

I have a small business opportunity that I am considering but it would be a mistake when considering what is being exclaimed here.

[Camilo]

I guess the people writing this articles want to bring awareness to what's coming, so we won't get caught with our pants down, so to speak, but it's up to us to take it for what it is and remain positive and calmed down.

¤=[Post Update]=¤


Would someone on here summarize why they think economic collapse is imminent and going to be colossal.

I have a small business opportunity that I am considering but it would be a mistake when considering what is being exclaimed here.

Because it has been planned that way by TPTB, but follow your hearth regarding your business opportunity, not what anyone says. Small business are the way of the future.

[Referee]

Please watch this video Max and AJ break it down.

L_60KdxISCA

[ThePythonicCow]

Would someone on here summarize why they think economic collapse is imminent and going to be colossal.

The current world monetary, financial and economic system has gotten seriously out of whack and top heavy with unstable financial instruments (credit based monetary system, immense and growing debt, fraud and graft throughout the system, credit default swaps, interest rate and foreign exchange derivatives, ...)

Imagine the following house of cards, upside down, and only able to be kept from collapsing by adding more cards, at an increasingly rapid rate.


http://www.balcanicaucaso.org/var/obc/storage/images/regions-and-countries/bulgaria/like-a-house-of-cards-zhelyu-zhelev-and-the-bulgarian-1989/248864-3-eng-GB/Like-a-house-of-cards-Zhelyu-Zhelev-and-the-Bulgarian-1989_large.jpg
This is not going to end well.

[danceblackcatdance]

i'm curious about this gold scenario.. everyone keeps hyping it, september last year was potentially a bubble bursting...? this year looks like all rallies are being sold hard, obviously because of economic instability / uncertainty peeps are buying it, but the way the banks make money is by taking the herd so...

another thing that makes me wonder is that story of how much gold there actually is in the world, what was it 100,000 times more? i can't remember but if a commodity is of value because of its rarity and then its suddenly realised that there is sh*tloads more of it about than originally thought.. surely that devalues it....

maybe soros says he's buying but really he's selling :becky:

[gooty64]

Is silver edible?

Can I do a build-it-yourself spaceship/merkaba out of silver?

Seriously though, what good is silver in post economic collapse?

If dollars bills become worthless and I have a bunch of silver in my cabinet, how will the silver benefit me?

[ThePythonicCow]

i'm curious about this gold scenario.. everyone keeps hyping it,
I don't buy gold and silver like I have bought other investments in the past ... watching the price, hoping to sell higher than I bought.

I buy it like as I might sell my house to buy a travel trailer, if I saw a huge raging forest fire coming toward my town, seemingly certain to burn it all down.

I am figuring whatever I cannot physically lay my hands on, within walking distance of where I live, with no involvement of any government or bank, may be all that I have, soon enough.

¤=[Post Update]=¤


Is silver edible?

Well ... you can put silver coins in milk and such, to retard spoilage :).

¤=[Post Update]=¤


maybe soros says he's buying but really he's selling :becky:
Yup - could be.

[778 neighbour of some guy]

I am figuring whatever I cannot physically lay my hands on, within walking distance of where I live, with no involvement of any government or bank, may be all that I have, soon enough.


And we have a winner:bounce:

[778 neighbour of some guy]

Is silver edible?

Can I do a build-it-yourself spaceship/merkaba out of silver?

Seriously though, what good is silver in post economic collapse?

If dollars bills become worthless and I have a bunch of silver in my cabinet, how will the silver benefit me?

You shoot the werewolves that come to rob you out off your food with homemade silver bullets, they extend your lifespan.

[RunningDeer]

Well ... you can put silver coins in milk and such, to retard spoilage :)

"Oops, I deleted post."
"Wow," she reminded herself, "some things are not for forum discussion." http://emoticoner.com/files/emoticons/smileys/delete2-smiley.gif?1292867581

[bogeyman]

It seems in view of a potential collapse, a crime wave will sweep through many major cities, where people are desperate just to survive. Criminal elements will also take advantage of the current meltdown of law and order of course. The euro zone isn't going to be able to survive this surge, it is a accumulation of mistakes, and of an idea which has too many variables to succeed.

[modwiz]

I guess the people writing this articles want to bring awareness to what's coming, so we won't get caught with our pants down, so to speak, but it's up to us to take it for what it is and remain positive and calmed down.

¤=[Post Update]=¤


Would someone on here summarize why they think economic collapse is imminent and going to be colossal.

I have a small business opportunity that I am considering but it would be a mistake when considering what is being exclaimed here.

Because it has been planned that way by TPTB, but follow your hearth regarding your business opportunity, not what anyone says. Small business are the way of the future.

The bankers have had our pants down for awhile and they haven't just been looking at our asses either. They have been working them. No kisses either, just smacks in the face. Invest in rope and we won't need the metals.

[Kindred]

I'm going from memory now, but almost 6 months ago, maybe more, there was an article regarding what had happened in Bosnia, after the US attacks during the Balkan war. The economy completely collapsed, and this article was an interview of a 'survivor'.

Basically, everything came down to barter... money hardly mattered, much less gold or silver. You can't eat it, it doesn't heat your house or protect you from harm. In fact, if one has it, it becomes something to Take, for those that have 'outside' connections. Those that survived, did so in small groups, in enclaves in which everyone inside remained 'low'... hardly anyone ventured outside in daylight, and there was limited contact - generally only with other locals whom they knew and trusted. Nobody used vehicles, as they were easy targets, unless one had sufficient manpower and firepower, which many did not.

The most precious commodities were Food, Fuel, and it's attendant means of use (wicks, matches, lamps, etc), Ammunition, and Clothing, along with some sundry stuff like detergent/soaps. And, certainly, medicine - the kind for accidents, not the stuff for diabetes and the like, as anyone with a debilitating condition either 'got away' soon enough to get the care they needed... or they died. Hard news, yes... but realistic.

Food for thought.

In Unity, Peace and Love

[another bob]

Is silver edible?

Can I do a build-it-yourself spaceship/merkaba out of silver?

Seriously though, what good is silver in post economic collapse?

If dollars bills become worthless and I have a bunch of silver in my cabinet, how will the silver benefit me?

One important item for bartering in a post-collapse scenario, and one that is still pretty cheap to amass, is salt. Even if you are living on a tight budget, if you are able to set aside say, 20 lbs. or more of salt, you'll be able to trade for other commodities you may need to make it through. Everyone needs it, but few set aside more than a small cannister at any given time.

[ThePythonicCow]

Basically, everything came down to barter... money hardly mattered, much less gold or silver.
Yes, absolutely, that could happen.

What I am figuring that will happen is that what's valuable, what's worthless, and what's unavailable, will be an increasingly rapidly changing situation.

Those in Bosnia that had enough tins of food to eat, matches to light fires to stay warm, and a bit of luck, sufficient to survive it, and who also had some of their savings in gold and silver to reinvest later on, probably came out best.

But it will be a shifting scene ... like sailing in a storm, one cannot just set one's sails and take a nap. Stay alert, keep adapting, and bring a variety of things that might be useful, depending on the situation.

[gooty64]

scratches head...

Hi Bob,

Salt? really?

Can you explain why salt would be in demand? Sea salt or table salt or other kind?

What about ketchup?



Is silver edible?

Can I do a build-it-yourself spaceship/merkaba out of silver?

Seriously though, what good is silver in post economic collapse?

If dollars bills become worthless and I have a bunch of silver in my cabinet, how will the silver benefit me?

One important item for bartering in a post-collapse scenario, and one that is still pretty cheap to amass, is salt. Even if you are living on a tight budget, if you are able to set aside say, 20 lbs. or more of salt, you'll be able to trade for other commodities you may need to make it through. Everyone needs it, but few set aside more than a small cannister at any given time.

[bogeyman]

In the future, the very basics will be valuable. Water being one, housing, warmth, and food. When you haven't all or some of these other things do not seem to matter. Future problems will occur as the result of the lack of these basic things.

[another bob]

scratches head...

Hi Bob,

Salt? really?

Can you explain why salt would be in demand? Sea salt or table salt or other kind?

Essential to human survival, but most will not store enough. Besides critical food ingredient, can be used in salt licks to attract game.

See this list, btw: salt is #4

http://radicalsurvivalism.com/web/2012/05/31/top-9-mistakes-of-prepping-newbs/

[ThePythonicCow]

Can you explain why salt would be in demand? Sea salt or table salt or other kind?
Salt is an essential nutrient. Ketchup isn't :).

Quality salt, from the sea or the Himalayas, would be a luxury. I'll keep my stash of that for myself and good friends.

Industrially processed toxic table salt will do for the neighbors and to barter.

[another bob]

Here's a very useful preview we can (hopefully) learn from:

http://www.amazon.com/The-Modern-Survival-Manual-Surviving/dp/9870563457/ref=sr_1_1?ie=UTF8&qid=1345317503&sr=8-1&keywords=Argentine+collapse

The Modern Survival Manual is based on first hand experience of the 2001 Economic Collapse in Argentina. In it you will find a variety of subjects that the author considers essential if a person wants to be prepared for tougher times: -How to prepare your family, yourself, your home and your vehicle -How to prepare your finances so that you don't suffer what millions in my country went through -How to prepare your supplies for food shortages and power failures -How to correctly fight with a chair, gun, knife, pen or choke with your bare hands if required -Most important, how to reach a good awareness level so that you can avoid having to do all that These are just a few examples of what you will find in this book. It's about Attitude, and being a more capable person and get the politically correct wimp out of your system completely.


About the Author

Fernando "FerFAL" Aguirre is a father, husband and survivalist that has lived through the Argentine socio-economic collapse of 2001, and the consequences such collapse had in the years that followed. He's the author of numerous articles found on line and is recognized among the survival and preparedness community for his personal experience and no-nonsense approach to survivalism. He's also the publisher and owner of "Surviving in Argentina", a blog he keep up with updated articles, posts as well as reports of the situation in Argentina.

[Ron Mauer Sr]

I'm going from memory now, but almost 6 months ago, maybe more, there was an article regarding what had happened in Bosnia, after the US attacks during the Balkan war. The economy completely collapsed, and this article was an interview of a 'survivor'.

Basically, everything came down to barter... money hardly mattered, much less gold or silver. You can't eat it, it doesn't heat your house or protect you from harm. In fact, if one has it, it becomes something to Take, for those that have 'outside' connections. Those that survived, did so in small groups, in enclaves in which everyone inside remained 'low'... hardly anyone ventured outside in daylight, and there was limited contact - generally only with other locals whom they knew and trusted. Nobody used vehicles, as they were easy targets, unless one had sufficient manpower and firepower, which many did not.

The most precious commodities were Food, Fuel, and it's attendant means of use (wicks, matches, lamps, etc), Ammunition, and Clothing, along with some sundry stuff like detergent/soaps. And, certainly, medicine - the kind for accidents, not the stuff for diabetes and the like, as anyone with a debilitating condition either 'got away' soon enough to get the care they needed... or they died. Hard news, yes... but realistic.

Food for thought.

In Unity, Peace and Love

Hooray .... We have another winner! :thumb:

[Ron Mauer Sr]

Here's a very useful preview we can (hopefully) learn from:

http://www.amazon.com/The-Modern-Survival-Manual-Surviving/dp/9870563457/ref=sr_1_1?ie=UTF8&qid=1345317503&sr=8-1&keywords=Argentine+collapse

The Modern Survival Manual is based on first hand experience of the 2001 Economic Collapse in Argentina. In it you will find a variety of subjects that the author considers essential if a person wants to be prepared for tougher times: -How to prepare your family, yourself, your home and your vehicle -How to prepare your finances so that you don't suffer what millions in my country went through -How to prepare your supplies for food shortages and power failures -How to correctly fight with a chair, gun, knife, pen or choke with your bare hands if required -Most important, how to reach a good awareness level so that you can avoid having to do all that These are just a few examples of what you will find in this book. It's about Attitude, and being a more capable person and get the politically correct wimp out of your system completely.


About the Author

Fernando "FerFAL" Aguirre is a father, husband and survivalist that has lived through the Argentine socio-economic collapse of 2001, and the consequences such collapse had in the years that followed. He's the author of numerous articles found on line and is recognized among the survival and preparedness community for his personal experience and no-nonsense approach to survivalism. He's also the publisher and owner of "Surviving in Argentina", a blog he keep up with updated articles, posts as well as reports of the situation in Argentina.

Thanks for this Bob. I just placed an order with Amazon.

This book and the article about Bosnia are first hand experiences that could prove to be invaluable.

I'd also recommend the DVD The Power of Community: How Cuba Survived Peak Oil (http://www.amazon.com/The-Power-Community-Cuba-Survived/dp/0910420327/ref=sr_1_1?ie=UTF8&qid=1345325721&sr=8-1&keywords=how+cuba+survived+peak+oil). Sometimes this can be found on Youtube (http://www.youtube.com/watch?v=L2TzvnRo6_c) when searching for "Power of Community". The video shows how the Cubans adapted, formed communities, created gardens on vacant city lots and much more.

[another bob]

I'd also recommend the DVD The Power of Community: How Cuba Survived Peak Oil (http://www.amazon.com/The-Power-Community-Cuba-Survived/dp/0910420327/ref=sr_1_1?ie=UTF8&qid=1345325721&sr=8-1&keywords=how+cuba+survived+peak+oil).

Thanks!

Currently reading:

http://www.amazon.com/The-Coming-Famine-Global-Crisis/dp/0520271238/ref=sr_1_1?ie=UTF8&qid=1345326156&sr=8-1&keywords=the+coming+famine

In The Coming Famine, Julian Cribb lays out a vivid picture of impending planetary crisis--a global food shortage that threatens to hit by mid-century--that would dwarf any in our previous experience. Cribb's comprehensive assessment describes a dangerous confluence of shortages--of water, land, energy, technology, and knowledge--combined with the increased demand created by population and economic growth. Writing in brisk, accessible prose, Cribb explains how the food system interacts with the environment and with armed conflict, poverty, and other societal factors. He shows how high food prices and regional shortages are already sending shockwaves into the international community. But, far from outlining a doomsday scenario, The Coming Famine offers a strong and positive call to action, exploring the greatest issue of our age and providing practical suggestions for addressing each of the major challenges it raises.

[Ron Mauer Sr]

A variety of seasoning is very important to avoid food fatigue. This is especially important if stored food does not have a lot of variety. Seasoning purchased in bulk is not very expensive and a little can go a long way. Seasoning may also become a valuable barter item if one has more than one needs.

If we can learn to live as do poor Mexicans, we will not be so easily manipulated when TSHTF. The poor Mexicans have skills that most of us do not. Those skill sets, in book form and with a little hands on experience, might become a valuable asset.

If someone is going to make our way easier, that someone is us, only us.

[MorningSong]

Kindred, is this the article you mentioned? I posted it back mid-June here on the Fourm. I thought it was very important to think about and I still do.... preparing for the worst, yet praying for the best, obviously!

http://projectavalon.net/forum4/showthread.php?36971-Living-Through-SHTF-In-the-Middle-of-A-War-Zone

PS: Bosnia was attacked by Serbia... a civil war ensued which lasted for 3 years until Nato finally decided to intervene (US with them) against the Serbs for their crimes of genicide against the Bosniaks, muslim descendants of Ottoman lineage... the most horrific example of human behavior, IMO.

[Kindred]

PS: Bosnia was attacked by Serbia... a civil war ensued which lasted for 3 years until Nato finally decided to intervene (US with them) against the Serbs for their crimes of genicide against the Bosniaks, muslim descendants of Ottoman lineage... the most horrific example of human behavior, IMO.

Yes, MS... that was the article, but I seem to remember finding online somewhere... possibly through 'Before It's News"... or Vetran's Today.... just the same, I remembered it fairly well it seems.

Anyway, while I don't know all the specifics of 'who started it'... I'm certain it was much more complicated than what you have stated... as well as that Beren could fill us in on the details - what is very troublesome is that the US used DU ammunition across the spectrum, and this is a True Crime Against Humanity, IMO. It's toxic for the local population, as well as the combatants, even the ones loading it (US personnel). It was All a way to make a few people rich, at the expense of the many.

War Is A Racket

In Unity, Peace and Love

[9eagle9]

You are better off than people who store away 5ooo boxes of brownie mix...


My finances have never allowed me to prepare for anything,i live in such a tight budget there is simply absolutely no room for extra income in my life,i care less about material things for the most part,so then and i am sure i am not the only avalonian barely surviving in our economy as it is,an i agree with you jacko i know it will be ugly,but you know what i have ZERO fear,because my spirit is strong like a mountain and i know in my heart that whatever happens,i will prevail one way or another,so you know what i say bring it on,because i dont have a single can of food storaged,but i dont care cause i can go a long time without eating heh.

[Kindred]

All this fear of 'TSHF' stuff is truly of little concern to me now, although, at one time I too was Concerned.

I've come to realize that the Worst that will happen is that I will die... I will simply lose this body...

The Real Me - my Spirit - is Eternal, and No One can take it away from me, and I will simply begin a New Life...

Possibly somewhere a little more Advanced ;)

In Unity, Peace and Love

[9eagle9]

At least Soro sorta admits that we are in a Depression.

Sorta admits to it.

then again he has nothing to lose by saying that.



Startling Evidence That Central Banks And Wall Street Insiders Are Rapidly Preparing For Something BIG

http://theeconomiccollapseblog.com/archives/startling-evidence-that-central-banks-and-wall-street-insiders-are-rapidly-preparing-for-something-big

[Czarek]

Here's a very useful preview we can (hopefully) learn from:

http://www.amazon.com/The-Modern-Survival-Manual-Surviving/dp/9870563457/ref=sr_1_1?ie=UTF8&qid=1345317503&sr=8-1&keywords=Argentine+collapse

The Modern Survival Manual is based on first hand experience of the 2001 Economic Collapse in Argentina. In it you will find a variety of subjects that the author considers essential if a person wants to be prepared for tougher times: -How to prepare your family, yourself, your home and your vehicle -How to prepare your finances so that you don't suffer what millions in my country went through -How to prepare your supplies for food shortages and power failures -How to correctly fight with a chair, gun, knife, pen or choke with your bare hands if required -Most important, how to reach a good awareness level so that you can avoid having to do all that These are just a few examples of what you will find in this book. It's about Attitude, and being a more capable person and get the politically correct wimp out of your system completely.


About the Author

Fernando "FerFAL" Aguirre is a father, husband and survivalist that has lived through the Argentine socio-economic collapse of 2001, and the consequences such collapse had in the years that followed. He's the author of numerous articles found on line and is recognized among the survival and preparedness community for his personal experience and no-nonsense approach to survivalism. He's also the publisher and owner of "Surviving in Argentina", a blog he keep up with updated articles, posts as well as reports of the situation in Argentina.

Thank you for that book info. The interesting part of understanding economic collapses is that a collapse in one part of the world does not equal one in another part of the world. You have a culture here in N.America that grew up on image. There will be people that will be willing to give their last loaf of bread for a mercedes. Sad.

[seko]

A variety of seasoning is very important to avoid food fatigue. This is especially important if stored food does not have a lot of variety. Seasoning purchased in bulk is not very expensive and a little can go a long way. Seasoning may also become a valuable barter item if one has more than one needs.

If we can learn to live as do poor Mexicans, we will not be so easily manipulated when TSHTF. The poor Mexicans have skills that most of us do not. Those skill sets, in book form and with a little hands on experience, might become a valuable asset.

If someone is going to make our way easier, that someone is us, only us.

Good point rmauesr, Mexicans with low incomes tend to eat healthy food and very cheap.

Tortillas filled with avocados and accompanied with salsa(red, green... many types)

Salsa made with tomatoes, onion, chillies and sea salt preferably. A salsa can be made without a blender or any electricity. Just with a molcajete or stone tool, which has been used for hundreds of years in Mexico by ancient cultures like the mayans and aztecs.

http://en.wikipedia.org/wiki/Molcajete


I live by the sea, so I will explain my situation around the place where I live. We can fresh fish, tuna, dorados, mahi mahi, red snapper, lobster, oysters, muscles. etc etc. Local people that don't work, go to get their food form the sea and catch their fish, no need for money. Nature provides.


17872


17873




There are different types of fruit trees all around the city like Mango trees, oranges, limes, coconuts, guava and many more than I can't remember right now.

If we focus on our local area and see what's available from nature, will help a lot in the future.

[ghostrider]

I noticed today everyone at the quickstop was paying for their items with change, counting out nickels and dimes. The collapse of the economy might be a good thing, the system is broke and we desperately need a new one, every month I go deeper and deeper in the hole, last year I could tread water, this year .... stick a fork in it. we will be forced to try something new. To bring in the new age, the old one has to go.

[gripreaper]

What if all of this talk of economic collapse is just "fear porn" and Drake saves us all and the prosperity packages go out, Nesara is implemented, and we all get a fat check for one million dollars?

[gooty64]

What if all of this talk of economic collapse is just "fear porn" and Drake saves us all and the prosperity packages go out, Nesara is implemented, and we all get a fat check for one million dollars?

When that day happens the price of a loaf of bread will be ONE MILLION DOLLARS!
l91ISfcuzDw

[jackovesk]

Please watch this video Max and AJ break it down.

L_60KdxISCA

Great 'Clip' Referee...:clap2:

You know the funniest thing about this 'Clip' which outlays the PTW/OWO 'Playbook' as to HOW? the 'Collapse' will take place will be OVERLOOKED by at least 98% of all those who have visited this 'Thread'...:faint:


Is silver edible?

Can I do a build-it-yourself spaceship/merkaba out of silver?

Seriously though, what good is silver in post economic collapse?

If dollars bills become worthless and I have a bunch of silver in my cabinet, how will the silver benefit me?

G'day gooty64,

Think of any 'Gold or Silver' you buy as nothing more than a Orange, Pear, Apple, ect...

Just take out your 'Paring Knife' and slice off a little piece for 'Bartering/Payment' as you go in the aftermath of the 'Collapse'...:)

http://i.shopbot.com.au/n_12065/09/76/bf6af096257adf49af64fd58992a7609.jpghttp://www.kiwibullion.co.nz/uploads/93439/images-100x100/254928/35629_slab.jpg

The Keiser Report No. 329 -- 2012 Aug 18 SA

This time Max and Stacy discuss consumption-tration camps, savers subsidising fraud in the City of London and JP Morgan sacrificing their balance sheet and the US dollar. In the second half of the show, Max Keiser talks to the one and only silver guru, David Morgan of Silver-Investor.com, about shorting bonds and buying silver.

Keiser Report: Consumption-tration Camps (E329)


http://www.youtube.com/watch?v=dSCl5OAJK8Q&feature=player_embedded
http://www.youtube.com/watch?v=dSCl5OAJK8Q&feature=player_embedded

PS - Here is another 'Bartering Tip' that is IMHO worthwhile if you can't afford to buy Gold or Silver...

Take a leaf out of what Max's partner & soon 'Wife To Be' Stacy Herbet is doing to prepare herself once the SHTF...

She is buying 1,000s of these ready to 'Trade for Service' or 'Barter for Goods'...:thumb:

Collection of Miniature Alcohol Bottles

http://imgc.classistatic.com/cps/blnc/120803/484r1/1351jhh_20.jpeg

http://www.justaglass.co.uk/

PSS - See if you start to think laterally, there are plenty of good ideas out there that are accessible to most...:yo:

[Vitalux]

I hope this does not happen before Wednesday, I was hoping to get my hair cut and get my toe nails clipped.;)

[gooty64]

So Max Keiser is heavily promoting buying silver. But why is silver so valuable in a post economic collapse scenario? And what is the silver used for?
Do i have to research it or will someone please explain it to me simply?

PS

Take a leaf out of what Max's partner & soon 'Wife To Be' Stacy Herbet is doing to prepare herself once the SHTF...

She is buying 1,000s of these ready to 'Trade for Service' or 'Barter for Goods'...

Collection of Miniature Alcohol Bottles


PS Buying mini bottles of retail alcohol is ridiculously un-frugal, lazy and retarded! That chick must a have a lot of extra $dough.
Why wouldn't she buy the giant bottles of liquor by the case and save a filthy fortune on the alcohol?

[Dennis Leahy]

What if all of this talk of economic collapse is just "fear porn" and Drake saves us all and the prosperity packages go out, Nesara is implemented, and we all get a fat check for one million dollars?Pass that bong, brother. :~)

Dennis

[ThePythonicCow]

So Max Keiser is heavily promoting buying silver. But why is silver so valuable in a post economic collapse scenario? And what is the silver used for?
Do i have to research it or will someone please explain it to me simply?

There are two scenarios in which gold and silver could turn out to be worth getting at present:
If the US Dollar declines in value for what it will get on foreign markets (Dollar price of oil and most manufactured goods goes up sharply), then gold and silver will likely hold their value (how much oil and goods it will buy) better than US Dollars, and will likely be able to held across failures of major financial institutions better than US Dollars. This because other nations and people, outside the US, would still accept gold and silver as similar value (give or take a large factor) to what it is now, even if they really don't want much to do with the US Dollar anymore.
If the US Dollar becomes worthless (total collapse, like the Confederate Dollars of the Southern States in the US Civil War), then some sort of alternative currency will be needed. Most any civilization above and beyond a few thousand people with any liberty to engage in any sort of trade (even cigarettes in prison) depends on some sort of "currency" - some generic item which can be traded for other things. What that currency will end up being (likely after some instability) is not known to us now, but likely you could get some in exchange for gold or silver. Also, likely during the interim period of instability, there will be times and places, when things are not too disastrous, that you can trade gold or silver pieces for other stuff, using gold and silver pieces as an interim currency.

Or, looking at it historically, throughout most of history, and in most places with complex civilizations, gold and silver have had value in trade, and have often been the preferred means by which nations settled trade imbalances with other nations, preserving (partially at least) the value of their various national forms of currency. It is only in the last century, with the rise of the Federal Reserve, the dominance of the US and its Dollar after World War 2, and the severing of the linkage between the US Dollar and gold, that gold has ceased to have any particular recognized formal value in foreign trade and currency exchange markets.

This dominance of the US Dollar, backed by Treasury debt instead of gold or silver, seems to be coming to an end fairly soon. When it ends, it will not end well. In the resulting difficult times, either more reliable forms of currency backing such as gold will be sought, or else more tyrannical world government debt constructs will be imposed. If the former, the holders of gold and silver stand a good chance to preserve their savings across the interregnum. If the latter, the screws turn tighter, and I have no recommendations right now (perhaps those bottles of liquor would come in handy?)

In short, and in sum, when times get rough, and what has had value becomes scorned, people rush to whatever seems "safe". When currencies failed since World War 2, that has either been the US Dollar (when other currencies failed), or gold and silver (when the US Dollar fails.)

[jackovesk]

Is silver edible?

Can I do a build-it-yourself spaceship/merkaba out of silver?

Seriously though, what good is silver in post economic collapse?

If dollars bills become worthless and I have a bunch of silver in my cabinet, how will the silver benefit me?


So Max Keiser is heavily promoting buying silver. But why is silver so valuable in a post economic collapse scenario? And what is the silver used for?
Do i have to research it or will someone please explain it to me simply?

PS

Take a leaf out of what Max's partner & soon 'Wife To Be' Stacy Herbet is doing to prepare herself once the SHTF...

She is buying 1,000s of these ready to 'Trade for Service' or 'Barter for Goods'...

Collection of Miniature Alcohol Bottles


PS Buying mini bottles of retail alcohol is ridiculously un-frugal, lazy and retarded! That chick must a have a lot of extra $dough.
Why wouldn't she buy the giant bottles of liquor by the case and save a filthy fortune on the alcohol?

Sorry gooty64,

Your really not cut out for reality are you...:no:

That's the last time I'll be waisting my time on people like yourself...:faint:

My guess is you 'STILL' have'nt watched the video's either have you..?

Why do 'arm-chair' experts like yourself ask questions, you don't really want the answers too...:confused:

Responses like yours to people, who are generally trying to help others make some sense as to what may 'Confront' them in the near future, really 'Pisses Me Off' and the shear unadulterated 'Ignorance' is simply just poor-form and mind blowing to say the least...:yes4:

...and I wish I could 'Say What I Really Meant', but obviously the 'Forum Guidlines' do not permit...:)

[ThePythonicCow]

...and I wish I could 'Say What I Really Meant', but obviously the 'Forum Guidlines' do not permit...:)
Good ... I'm glad they don't permit :).

It's OK that different people amongst us have thought about different parts of all that affects us in different degrees and different ways. Welcome the chance to say something useful when you see a way to say something that someone else might learn from, and be grateful for those times when someone else offers an insight you're ready to hear.

[RunningDeer]

So Max Keiser is heavily promoting buying silver. But why is silver so valuable in a post economic collapse scenario? And what is the silver used for?
Do i have to research it or will someone please explain it to me simply?

PS

Take a leaf out of what Max's partner & soon 'Wife To Be' Stacy Herbet is doing to prepare herself once the SHTF...

She is buying 1,000s of these ready to 'Trade for Service' or 'Barter for Goods'...

Collection of Miniature Alcohol Bottles


PS Buying mini bottles of retail alcohol is ridiculously un-frugal, lazy and retarded! That chick must a have a lot of extra $dough.
Why wouldn't she buy the giant bottles of liquor by the case and save a filthy fortune on the alcohol?

In a word - BARTER. It's a brilliant move. It's legal. Small enough portions for the average person to 'purchase'. Easy to store or hide bottles. No glasses to wash because water will be another important trade item. Places people will raid early on are the package stores. Soon, no deliveries if the grid goes down or imposed martial law.

There'll be a lot of people that will turn to alcohol for stress reduction, to cope or for medicinal purposes, i.e., no access to prescription refills for heart condition(s), depression, pain control, etc. Add them to the list that already are physically dependent on alcohol. And those addicted to drugs, I imagine they'll be scarce on the streets, too. Hmmmm, maybe I should consider that as an investment.

[Ron Mauer Sr]

What if all of this talk of economic collapse is just "fear porn" and Drake saves us all and the prosperity packages go out, Nesara is implemented, and we all get a fat check for one million dollars?

If we all got a check for one million dollars the cost of goods and services would skyrocket. It would create hyperinflation. Maybe one could purchase a loaf of bread for a thousand dollars. Just think about the wages expected if everyone got that check. Who would go to work? Who would be willing to produce anything?

Giving everyone a check for one million dollars would be a disaster.

[Dennis Leahy]

Thanks, Camilo, for starting this thread - and for using a simple title. I started a thread trying to get evidence or a web site to send folks to that were asking me about economic collapse, but I think I was asking the wrong question. Thread: Need a reference source: Imminent Financial Collapse? Move money to? (http://projectavalon.net/forum4/showthread.php?47344-Need-a-reference-source-Imminent-Financial-Collapse-Move-money-to)

Thanks to those commenting on and supplying resources in this thread!

Dennis

[Dennis Leahy]

So Max Keiser is heavily promoting buying silver. But why is silver so valuable in a post economic collapse scenario? And what is the silver used for?
Do i have to research it or will someone please explain it to me simply?
Assuming imminent financial collapse...

If you have less than $500 to spend, I'd say you are in for one hell of a bumpy ride. Every penny should be very well thought-out.

If you only have $500 to $1000, you don't buy silver and gold. You buy what you and your family need to survive until you can get crops next year. Water filter, a way to stay warm, enough food in your pantry (a variety of good, non-perishable, organic, nutritious food), some sundries (TP, baking soda, white vinegar, hydrogen peroxide, etc.) organic seeds, first aid stuff, some would add guns and ammo... stuff along these lines.

If you have $5000, then you can stock your pantry easily, get a few propane tanks and a grill, a cord or two of wood and a wood stove, several water filters, working bicycles and tube repair kits, etc., and maybe buy a few hundred or a thousand dollars worth of silver coins - with the assumption that with a collapsed paper dollar, then anything you need to trade for might be traded for using silver coins. If things are so dire that no one will take the silver in trade, preferring only food for example, then the silver may not have the immediate value that you had planned for. But, that's why you do not take all $5 grand and put it in silver, just an amount that you feel is reasonable to risk being a good barter substance. It is easier to trade a one ounce silver coin (cost a bit under $30 right now, might be worth $60 when paper money is worthless) than $60 worth of firewood, or $60 worth of food. If your pantry is full, and your other necessities are covered, and you have some paper assets right now, it might be smart to swap the paper (which supposedly will be worthless) for silver coins (which supposedly will hold an intrinsic trading value, even with a collapsed paper dollar.)

If you have $50K to $500K then... well, I don't know what to do. The best advice I saw (in the thread I started) for someone with a lot of cash was to purchase - outright - an organic farm. But if someone has $50K to $100K invested in mutual funds or "T-bills" or some other invested cash, then my gut says pull the money out but I don't really know what would be a good thing to buy right now - while the paper dollars have value. Stocks generally lost about 40% in 2008, and I have seen guesses of losing between 90% and 100% of your money that is in some stocks (401K, mutual fund, whatever.) If the US dollar collapses, paper "money in the mattress" may lose all or most of its value too - not just the money that is merely a notation on a computer in a collapsed and closed bank.

Dennis

[ThePythonicCow]

If you have $50K to $500K then... well, I don't know what to do.
My guess is that if I had that "problem", I'd consider the following:

Move the rest to dollar denominated checking and savings accounts in one or a few medium to smaller banks that you figured had a good chance of being honest and solid. Stay inside the $250,000 FDIC deposit insurance limit (valid through December 31st, 2013.) For the short term (months at least), as some European countries and/or Japan run into trouble, the US Dollar may well benefit, as being the "safer" alternative. This means getting out of all stocks, bonds, futures, money market accounts, ... This means getting out of all the big banks (JPMorgan, Citi, Wells Fargo, HSBC, Bank of America, ...), which are deeply corrupt and bankrupt, and will steal what they can on their way down. This means cashing out of any whole life insurance policies. This means assuming that any anticipated pensions or retirement funds won't be forthcoming at anything like their present expected value, eventually even including Social Security I'm afraid.
Keep your eye open for anything you might want to spend that cash on that was real and physical. Anticipate any physical goods that are manufactured overseas, that you have room to store, and that you will most likely want to own over the next several years - get it now, before the trade value of the Dollar declines or collapses and international trade collapses.
Keep an eye out for good land or real estate opportunities, that may open up as crunch time hits.
Set aside enough cash to cover your taxes for the next several years, so the government won't have an excuse to possess any of your real property.
Pay off all debts, especially all secured debts (mortgage, car loans, ...), so no one else has an excuse to possess anything you own.
Move some more to gold/silver, that you physically possess within walking distance, accessible even if the bank is closed.
A few weeks cash on hand could be quite useful, during certain phases of the crisis.
Optimize your physical health. I'm getting some dental work done now, removing four root canal treated teeth that any conventional dentist would say are in fine shape, because root canal treatments produce a long term hidden toxic infection load.
Minimize your cash flow needs. Look to see where you regularly spend money, and look for ways to remove or make discretionary that expense, even if it costs a little more money now for some one-time expense.

[gooty64]

Thanks Dennis, sound advice there.

I started preparing in September 2011 for economic collapse and power outage, general shtf scenario. I got all of the stuff that you mentioned except for the spare bicycle tire tubes/repair kit.
I even bought an oak tree from craigslist for firewood -although I don't have a fireplace in my house. There is an old make shift wood stove in my garage that I could use in an emergency but, installing a wood stove in my little house would be a big job an expensive. Any suggestions for an inexpensive wood stove would be appreciated. The stoves I have found online are expensive and for bigger modern homes.

Silver was $38 an ounce last September 2011 and now it is $28 an ounce, it makes me wonder if silver has bottomed out or will be $18 an ounce next year. Mankind has spent tremendous amounts of precious energy and lifeforce focusing/worrying/obsessing/plotting/competing on and for paper with a-holes pictured on it -for centuries. Money is very divisive and draining-imho.

I also wonder if the economic collapse will get dragged out for years or even generations because is doesn't serve the PTB to collpase/shtf. PTB would rather continue long gradual trek towards complete enslavement, whereas shtf/collapse would wake-up the consumers/masses and potentially cause uprising/revolution.

Yes, I will be buying ~20 pounds of salt.

No I will not be buying expensively packaged tiny bottles of liquor for barter since I am in the less than $50,000 to spend bracket. Common sense says that liquor is a few notches down the priority list of necessities.

And here is something I found about the value of silver:



It is rare, It is pretty, it doesn't rust and most importantly silver is widely used in nano technology and super-computer production because silver is the best conductor of any known metal. There is also cultural phenomenon to desire silver for jewelry and coins. As population grows, desire for silver grows to keep up with population. LATELY SILVER PRICES HAVE BEEN GROWING RAPIDLY AND DEMAND HAS INCREASED DUE TO THE GLOBAL, INTERNATIONAL CAMPAIGN "CRASH JPMorgan - BUY SILVER!"

Silver is what Max Keiser is promoting in the video posted earlier in this thread.

PS1, Ham radios.
This is something that Bill Ryan has mentioned about a year ago. I would like to have one but, the cost is over $1,000 and you have to acquire a Ham radio license which puts you on the ptb's radar. Does Avalon have a network of Ham radio owners in place? And can you get a good Ham radio at a better price than I mentioned?

PS2 Weapons/guns
Personally and so far, I just can't get into weapons and that mentality. The scenario of protecting my small stash of food and supplies with guns doesn't seem worth it to me if it gets that bad. I don't have a family to protect and am not a hunter and besides wild game would disappear quickly.

[bogeyman]

Its quite simple, we are using up more resources than what this planet can produce, hence you will have those that have, have not, staving or will stave. It is now a question of which country can grab their slice of the resources before other countries do. Exploitation occurs frequently, exploit them before they exploit you. Unfortunately our species hasn't learnt to share equality, due to artificial boundaries, greed, power, and all other sorts or wrong doing. Economic's is just a man made concept to control resources, the paper (money) you have in your pocket is only a token to guarantee those resources. When the resources start to run out or are limited, then you will need more and more bits of paper to obtain the basics you need. Man's impact on his world is exponential out of proportion.

[Marsila]

Here's a very useful preview we can (hopefully) learn from:

http://www.amazon.com/The-Modern-Survival-Manual-Surviving/dp/9870563457/ref=sr_1_1?ie=UTF8&qid=1345317503&sr=8-1&keywords=Argentine+collapse

The Modern Survival Manual is based on first hand experience of the 2001 Economic Collapse in Argentina. In it you will find a variety of subjects that the author considers essential if a person wants to be prepared for tougher times: -How to prepare your family, yourself, your home and your vehicle -How to prepare your finances so that you don't suffer what millions in my country went through -How to prepare your supplies for food shortages and power failures -How to correctly fight with a chair, gun, knife, pen or choke with your bare hands if required -Most important, how to reach a good awareness level so that you can avoid having to do all that These are just a few examples of what you will find in this book. It's about Attitude, and being a more capable person and get the politically correct wimp out of your system completely.


About the Author

Fernando "FerFAL" Aguirre is a father, husband and survivalist that has lived through the Argentine socio-economic collapse of 2001, and the consequences such collapse had in the years that followed. He's the author of numerous articles found on line and is recognized among the survival and preparedness community for his personal experience and no-nonsense approach to survivalism. He's also the publisher and owner of "Surviving in Argentina", a blog he keep up with updated articles, posts as well as reports of the situation in Argentina.

Hi another bob! i like that Ferfal guy as he does clear a bit of the stereotypes with what the people really think, and yes the economic collapse in Argentina when it happened, affected people there in a much worst way than people can imagine....however i wouldn't take all what he writes as a gospel truth! people do tend to exaggerate at times, for their own personal reasons.

The one thing the people there were really trying to do when it happened, wasn't to survive but to 'get out'. they suddenly got interested in their countries of ancestry if it offered an escape from the country, or looked for transfers out of the country if they worked for multinationals.
Not what people want to hear, but this is how a lot of people will try to 'survive' when it really happens despite all plans!

[RunningDeer]

After all the important survival, financial and barter needs are filled look to simple ways to make your environment comfortable. The power of simplicity - lotta of freedom in that concept.

Stock up on products before they are scarce or over priced; pet food, paper products, soaps, toothpaste, cleaning products, over the counter medications, medical supplies. And find substitutions for electric tooth brush, clock, vacuum cleaners, fans, etc.

[RunningDeer]

Impatience is not the solution to assist ignorance. Just like my judgement is not the solution to assist impatience. http://emoticoner.com/files/emoticons/smileys/bubble-smiley.gif (http://emoticoner.com)


"...Responses like yours to people, who are generally trying to help others make some sense as to what may 'Confront' them in the near future, really 'Pisses Me Off' and the shear unadulterated 'Ignorance' is simply just poor-form and mind blowing to say the least...:yes4:.."

[9eagle9]

I'm going to have to say how much money does it cost to wander around collect nuts, berries, wood craft, collect wood etc. It doesn't. It takes know how as opposed to no how.

Unless someone is really dumb, its pretty hard to starve to death in a natural environment, its then a matter of how convenient your natural environment is. If you live in the arctic it may be wise to know how to catch a seal. If you live in the woods it may be wise to know how to collect berries and nuts.

It wasn't until the city folk started coming up to the barn for riding lessons that I realized how out of touch they are. One pointed at a sheep and asked if was a cow. So even the tv isn't educating them anymore. City or no city I can't comprehend how a person cannot know what a cow looks like in America.


People in population dense, industrial landscapes and cities are more than likely going to fare worse. Their environment doesn't provide for them unless they can digest bricks and no amount of money is going to change that once the immediate supplies are gone. Now for someone who is adept at urban commando guerrilla living (also known as thieving, garbage picking,etc) they may survive very well. People will survive based on how well they can adapt to what their environment is capable of giving to them and for those in the city that may mean adapting to garbage picking and theft. Or murder. Or even cannabilism who knows. Homeless people may fare better than people who have what we call the typical urban lifestyle.

People who are savvy to their environment are not going to be money dependent. Doesn't matter how much or how little money you have if you can make a fire from your environment and eat from the environment. I would be lost in a city right now, and unable to thrive or survive, because its not an environment that I am familiar with.

We are then still money dependent if we think our survival is dependent on money.

Money would only serve us now, before the collapse happens or perhaps a few days into it.

[another bob]

City or no city I can't comprehend how a person cannot know what a cow looks like in America.




http://i49.tinypic.com/t822o4.jpg

[gripreaper]

I found the answer, and it was right on Lady Dragon's website! Turn "debt" into free money! need 150K? You get it for free! need a million? No problem!! here it is !!!!!!

http://www.fcm2012.com/VIDEO/FCU.mp4

[Kindred]

The mind that thinks that money/gold and/or silver will be a 'solution', is mistaken... it is the Source of the Problem.

Until this is Reality is Recognized, humanity will continue to Fail.

(To keep doing the same thing, and expect a different result, is a sign of insanity)

In Unity, Peace and Love

[Ron Mauer Sr]

The smartest way to distribute ones wealth depends upon the depth of the economic failure. In a partial collapse, with hyperinflation and with grocery stores remaining open, precious metal could prove to be an excellent investment. If the grocery stores close, stored food becomes the better investment.

Someday the economic collapse will be over. The dollar will be useless or nearly so. Then precious metals that have been stored within walking distance could be very valuable indeed.

It seems to me that food, a water filter, manual garden tools, seeds, a wood stove for heat, a wood powered camp stove for cooking and a tiny house away from the cities would be the best investment of all. After prepping with all that, if there is money left over, then purchase precious metal that you can hold in your hand. If you cannot hold the metal in your hand the metal or paper asset will soon be owned by someone else.

The best investment of all is learning basic skills. The best assets of all are a self responsible life style, good intuition, a positive outlook and the ability to adapt to change. Change that leads to freedom and not slavery of the NWO.

[Czarek]

Not sure who Glenn Beck is or if his sources are correct but according to him, we have three months before fireworks begin.

8ab_5GoOs7I

[Nickolai]

Thank you, Czarek!

Intersting info and point explanations. Who's that guy? I have never seen him as well.
By the way, am I being over-suspicious for in the video a different from the talker voice says:
at 3.00-3.02 "New World Order"
at 4.01-4.05" The Euro is the buble and it will crash"

It makes no sense, since obviously the theme is discussed everywhere. But I just rewinded sevral times to listen again and again.
In my opinion. even the accent is different.

LOL

Nickolai

[bogeyman]

Every thought this crisis in the finance system is deliberate? A wider agenda?

[Ron Mauer Sr]

Every thought this crisis in the finance system is deliberate? A wider agenda?

The purpose of the deliberate economic collapse is to create enough suffering so people will willingly accept a solution that includes a one world economy and one world government.

I'm sure the perpetrators will sugar coat the details initially and I'm sure the hidden goal is slavery of us all and significant depopulation.

[pyrangello]

Lets just pretend all of us are hanging out in a tree stand watching the world like a board game, we see the players, the countries, the banksters, we watch all the moves they are making, here in the states we see the headlines, one day greece is broke -the next day there ok . Spain, Portugal and on and on. From the tree house we see money being thrown in the air over the volleyball net to the next country only to have the ball thrown back without any air with a note on it saying send more.

Oh wait there is our federal reserve who is going for the dive landing in the sand only to keep that deflated ball off the beach by an inch until oh wait here comes china with an auxillary air tank. The crowd roars in the tree house, give us another cocktail to watch the show. For the next days, weeks and months we have watched the act of just keep throwing more money at every country in hopes it's going to get better. Actually here in the states it only started showing some signs of improvement once the 1.2 trillion dollar stimulas was destributed and spent because at that point we were back on so called real money again being generated by real businesses that have real people producing something tangible.

Oh wait here comes another save by the federal reserve, 2 and a half summersalt, double twist and the ball is now on there pinky finger above the sand balancing so delicately. Oh no, were having an earthquake and the ball is wobbling, the crowd in the tree house is in a gasp. Will it fall this time or not.

Moral of this board game and for all of us spectators in the tree stand is you can only throw so many bandaids on a problem until it works no more and then it finally has to collapse in order to start over. Yes the drums are beating in all circles, news, media outlets, videos, blogs, It appears to me that the people who have given up and unemployed are now falling off the cliff, those who made it thru are struggling but are coming back and there is pockets of business really taking off in many areas. The private sector is poised for a huge comback.

2 problems hinged over the united states, a) obamacare, I'm just a little dinky business guy but in talking with a gentleman who owns 7 mcdonalds restaurants, he told me that he makes 150k a year on each restaurant profit, Thats after he invested far more and took the risks, after obamacare kicks in he figures it will cost him 140k a year to cover everyone. Yep you have it figured out, he's going to make $10,000 a year providing everyting goes right . I'm not against medical care for everyone, just a better well thought out plan, impliments in phases, not this crap we need to pass it to know whats in it stuff. . So thats hurdle #1. Hurdle #2 is and we have no control over are all the derivative deals that have already taken place in the hundreds of trillions of dollars and are on the edge of the cliff. It appears to me europe is in much worse shape than we are here in the states but everything rolls downhill.

So if you start seeing the fund managers or other big time investors start betting against the current monetary system, chances are the pendulum is about to start swinging. Is it a cause for fear, no , is it a cause for concern, sure , just do what you can and go live your life. Societies have been thru this before, some with better outcomes than others, it just appears to me that your comfort level will be getting distrupted and way of life for a while. But just keep telling your self your going to make it thru this no matter what, I know I lost everything 12 years ago, except for my ideas, and spirit. Just kept telling myself one day it will get better and it did . Just all in time.

One thing for sure , this volleyball game will have to end at some point so another may begin. :)`

[Deborah (ahamkara)]

According to Dimitri Orlov, during the Russian collapse, vodka was a fairly reliable currency (not talking airplane mini's here). In America, a box of 9 mm bullets is a good size barter- easy to carry/store. Take advantage of your neighborhood Goodwill or garage/yard sales to stock up on gently used hand tools. Seeds are also good barter. Talk to your neighbors, make friends with everyone - especially teenagers! During collapse or uncertainty the young are adaptable, energetic and most like to thrive. Orlov mentions that middle aged men fared the worse - many simply gave up and drank themselves to death. He also said that some people felt revitalized and energized by the challenge.... their life became richer, fuller and more purposeful. Peace.

[GlassSteagallfan]

Eurozone at Cliff's Edge

August 20, 2012 • 9:54AM

Will the financial crash of the trans-Atlantic system wait for European bankers and politicians to return from their August vacations? Don't count on it.

With Greece and Spain both hanging by a thread, Sunday's London Telegraph reported that Lord Rothschild himself has taken out a $200 million short position against the euro, "as fears continue to grow that the single currency will break up." The Telegraph put this news in the context of the report, from earlier ths week, that Finland's government is already preparing for the euro's break-up.

Just how bad is it? Last October, Paul Tucker, the deputy governor of the Bank of England, who recently gained notoriety for overseeing the rigging of the Libor rate by Barclays and other banks, met with the chief executives of Britain's largest banks and told them: "Gentlemen, you could all be out of business by Christmas," according to the Telegraph, citing three sources present at the meeting. Tucker was warning about the havoc that the collapse of the eurozone would wreak on the British financial system, which would be far greater than the Lehman bankruptcy. "The meeting led directly to the creation of working groups at banks to gauge the potential for a full-scale collapse of the financial system." Tucker, the Telegraph reports, is (still) "one of the front-runners to replace Sir Mervyn King as Governor of the Bank of England."

Source: http://larouchepac.com/node/23674

[jackovesk]

Not sure who Glenn Beck is or if his sources are correct but according to him, we have three months before fireworks begin.

8ab_5GoOs7I



http://www.globalmacroinvestor.com/images/work-3.jpg

Raoul's Background

Raoul Pal has previously co-managed the GLG Global Macro Fund in London for GLG Partners, one of the largest hedge fund groups in the world.

Raoul came to GLG from Goldman Sachs where he co-managed the hedge fund sales business in Equities and Equity Derivatives in Europe. Other stop-off points on the way were Natwest Markets and HSBC, although he began his career by training traders in technical analysis.

Raoul Pal retired from managing client money in 2004 at the age of 36 and now lives on the Valencian coast of Spain, from where he writes for The Global Macro Investor. In 2008, Raoul also helped design the TV programme Million Dollar Traders for the BBC, and trained the participants in investment and risk management strategy. His articles have appeared several times in the press and he has also taken part in TV interviews.

http://www.globalmacroinvestor.com/About.asp


Former Hedge Funder’s Fearful Forecast: We‘re Looking at ’The Biggest Economic Shock the World Has Ever Seen’ & There’s Nothing We Can Do to Stop It

June 2, 2012

Former co-manager of the GLG Global Macro Fund Raoul Pal has joined the growing chorus of economists who believe the global economy is headed in the absolute wrong direction.

What does the Goldman Sachs alumnus see on the horizon?

Mr. Pal, who writes for The Global Macro Investor, a research publication intended only for larger institutions, hedge funds, and family offices, believes that a global banking collapse and massive defaults will bring about “the biggest economic shock the world has ever seen” — and there’s nothing we can do to stop it.

Well, that’s pretty dire. Does he have anything to back up his claims?

We’re glad you asked. Without further explanation, here is “The End Game,” Pal’s impressively comprehensive (and grim) presentation on the current state of the global economy:

http://www.theblaze.com/stories/former-hedge-funders-fearful-forecast-were-looking-at-the-biggest-economic-shock-the-world-has-ever-seen-theres-nothing-we-can-do-to-stop-it/

Raoul Pals Presentation: Former Hedge Funder Presents A Terrifying Vision Of THE END GAME

http://www.scribd.com/embeds/95493792/content?start_page=1&view_mode=scroll



PDF - http://www.scribd.com/doc/95493792/The-End-Game

http://thebankwatch.com/2012/06/01/the-end-game-raoul-paul/

[crosby]

i just watched The Grapes of Wrath last night and thought about how terrible today's crisis will be for everyone. that movie depicts what it was like for a typical family struggling with the loss of everything - - i'm afraid that this collapse will make this movie look like a dream life. i just do not know what can be done to prevent the mass disruption. it will be very sad times indeed.
warmest regards, corson

[MorningSong]

The most revealing part of Mr. Pals' presentation, IMO, is this:


We have around 6 months (This was in May '12) left of trading in Western markets to protect ourselves or make (i.e. ransack, plunder, steal, take....) enough money (to buy up land, resources, tecnology, etc...) to offset future losses. Spend your time looking at the risks of custody, safekeeping, counterparty etc. (Now they are preppers, too! LMAO) Assume that no one and nothing is safe (That will be for sure, buddy!). After that……we put on our tin helmets (What else is coming down?) and hide (Yeah, you thieving rats!) until the new system emerges (Do you think....?).



I wish I could see another outcome with an equally high probability, but I can't……All we can do is hope that I am wrong, but either way, a new system will emerge and it will open up a whole new set of opportunities……but we will be going back 40 years in time……and 1500 years……and 3000 years……(Think about that timeline...hmmmmm)

[Nickolai]

According to Dimitri Orlov, during the Russian collapse, vodka was a fairly reliable currency (not talking airplane mini's here). In America, a box of 9 mm bullets is a good size barter- easy to carry/store. Take advantage of your neighborhood Goodwill or garage/yard sales to stock up on gently used hand tools. Seeds are also good barter. Talk to your neighbors, make friends with everyone - especially teenagers! During collapse or uncertainty the young are adaptable, energetic and most like to thrive. Orlov mentions that middle aged men fared the worse - many simply gave up and drank themselves to death. He also said that some people felt revitalized and energized by the challenge.... their life became richer, fuller and more purposeful. Peace.

Hello, Ahamkara,

I wonder what period of time he keeps in mind.
I just can not recall that at all. Huge Bullocks!

If we talk about vodka and crisis years, then I can say that that was impossible to find one. That's why people used to buy the bad quality alcohol called ROYAL, mix it with water and drink. Money always been money. In certain times you could afford to buy products, but none of them been in shops or were sold only if you had certain kind of ticket... Those tickets allowed you to buy certain amount of main products(butter, flower, meat and so on) a month. And indeed one could buy extra tickets quite expensively. Otherwise the shops were just empty. Also, since I am a heavy smoker, I remember problems with cigarrette suply. Bad times! But we have survived.

Nickolai