Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

[ThePythonicCow]

Posted by Paul (here)
Well, I'll be darned. South Korea was not the next holdout to take a more positive interest in the Asian Infrastructure Investment Bank (AIIB). South Korea and the US had been the last two major countries to be turning a cold shoulder toward the AIIB.

As reported at When the Dollar Dies, The World Will Go Down With It? ... NOPE (Prophezine.com), today was the last day to apply to join the AIIB as a founding member. In the last few days, Taiwan, South Korea, Denmark, and Australia have applied for founding memberships. 40 countries (60% of the world’s GDP) applied.

[ThePythonicCow]

Posted by Paul (here)
The new monetary system we are facing will have "Swiss gnomes" (whoever controls the Banksters that control SDR's) dictating the relative value of SDR's to all national currencies. No nation, not even the US or China, will have the "exorbitant privilege" of routinely issuing major debt in denominations of its own currency.

My phrase "Swiss gnomes" was a bit of a misleading euphemism.

What I meant was that the exchange values of the various national and regional currencies that are included in the SDR basket of currencies would supposedly be determined on the basis of something such as the trade balances or relative gross domestic products (GDPs) of those nations or regions. However, just as we see with the major economic statistics in the US today, such as inflation and unemployment, such statistics will be manipulated from behind the scenes for ulterior purposes.

Both the statisticians and accounts cranking the numbers to generate these statistics (the "Swiss gnomes", or the in the case of the US, employees of such government institutions as the Bureau of Labor and Statistics), and the results they produce, are controlled by covert (occult?) masters. The statistics are lies, through and through.

JC Collins spells out how this works, with a bit more detail and accurate naming, in his latest post: Hume’s Multilateral Adjustment Mechanism.

Such posts as this one of JC Collins will put most of us to sleep, most of the time.

However this particular post of his exposes, in more detail than we will usually see, a critical part of the inner workings of the "New World Monetary System" being imposed on humanity, to replace the US Reserve Dollar system, which is so "last century" (slang for "rapidly becoming obsolete.")

A fair (in my view) monetary system would have the key elements, such as exchange rates between various currencies, primarily determined by the collective action of many private individuals, each operating primarily in their own best interest.

The "New World Monetary System" mimics some aspects of such a fair system, but essential control is wielded by hidden masters, through control of critical parameters (such as the economic statistics that they choose to drive foreign exchange rates), as well as, of course, control over the major research, regulation, intelligence, military, police, and propaganda institutions.

What's in that SDR basket of recognized reserves, such as major currencies (Dollar, Renminbi, Euro, Pound, Yen, Ruble, ...), gold, energy and resource production, ... matters little, if the relative value of those items (in terms of a common denominator unit, such as the SDR) is determined by agencies controlled by covert powers.

We are witnessing world control shift from control via New York and Washington, to control via world monetary institutions (non-governmental organizations, NGO's).

Where the Vatican and the City of London fit into this I am not so clear on, but I doubt that they cease to have a major role.

[gripreaper]

Just got caught up on this thread, and I think Paul has a good grasp on what is going on relative to those who have their finger on the pulse. Let me put out some "high octane speculation" as Joseph Farrell calls it and write the script for the next two years.

In order to bring in the NGO (non government organization) global digital SDR (special drawing rights) system controlled by ____________ (you fill in the blank here), The Federal Reserve System needs to be the scapegoat and brought down in a massive fraud scandal. So, how does the Federal Reserve become the "Reichtag" fire and all nations buy into this new global system?

Well, I propose, in light of recent developments, that Rand Paul is the new potus puppet for this transition, just like George Bush was the potus puppet for 9-11. The presidential campaign between Hitlery Clinton and the neocon Jeb Bush is slated to be one of the nastiest campaigns ever witnessed, which will totally disgust the electorate as well as all people of all nations, and Rand Paul will be made to look like the new savior for America, who will expose the Federal Reserve and bring the house of cards down around the dollar, the current world reserve currency. He may, even though he is a Republican, jump out and become the moderate libertarian and usher in what appears to be a new party with new ideas and great hope.

The nations of the world, who are awakening to the demise of the dollar and the imperialistic nature of the "great satan" of America, will most likely embrace the new system with open arms, as most of them will not have any choice. The "reset" that will occur as a result of the Federal Reserve collapse and the new basket of SDR's will not eliminate debt, it will just reset the debt while stealing the rest of the wealth of nations and consolidate all assets and resources into the NGO in exchange for re-leveraging debt into future generations of debt slaves, with the promise of equitable exchange rates on currencies.

Then, these NGO's will manipulate the exchange rates to continue to create the booms and bust, the pump and dumps, the same game they have used for centuries to control all geopolitical skirmishes and human crowd control, and maintain their hegemony and power, from their centralized data centers. All transactions will be digital and all cash will be eliminated.

This system will make the current national systems of slavery seem like kindergarten playschool once it is fully implemented. There will not be ANY aspect of one's life which is NOT under full and complete surveillance and control, and all behaviors will be sanctioned and only very limited behaviors will be allowed, those which foster the confiscation and consolidation of wealth into the NGO's. All miscreants will be categorized and dealt with according to their level of resistance to this new system, and no aberrations will be allowed.

We have two years till this happens sometime in 2017.

[ThePythonicCow]

Posted by gripreaper (here)
Just got caught up on this thread, and I think Paul has a good grasp on what is going on relative to those who have their finger on the pulse. Let me put out some "high octane speculation" as Joseph Farrell calls it and write the script for the next two years.

Thanks for the kind words.

I agree with the first half of your scenario - Rand Paul will become President and take down the Federal Reserve.

To set us (Americans) up for this "radical" change, there will be a serious economic collapse in the US in 2016, beginning later this year, 2015. We will be ready for an "outsider" (well, at least someone who is not a Clinton or Bush) to provide some "real change" by the time the US Presidential elections are held November 2016. There will be plenty of news headlines of riots, empty store shelves, and heavy handed police and Dept of Homeland Security interventions to "help" us understand that this is not "business as usual." More of the "real truth" of events such as 9/11 and of corruption at the highest levels of the US Federal government and Wall Street Bankers will be given a wider hearing.

Perhaps the Rothschild family members themselves need have no fear of being homeless in this lifetime, however at least some of their more trustworthy fronts, such as the US Military and Intelligence agencies and the US Federal Reserve, will be in for some serious down sizing and some seriously bad press, with some actually on trial for major crimes. In my view, though I know not in your view, the Rothschilds are in the process of a major demotion.

However ... I don't expect overt Orwellian 1984 slavery anytime soon. Rather, the BRICS nations and leaders will be the "saviours" of us all, leading a new world monetary system, which the average American will welcome, after going through a year or two of really hard times. Rand Paul will actually downsize the US Federal government domestically, and pull back the American military and intelligence from their dreadfully overbearing presence abroad. Austerity will come to America, as pension plans, banks, stocks, bonds, investments, real estate markets and government social benefit programs all fail. The new tyrants in the coming years will be large corporations such as Apple, Google, Amazon, Facebook, and Paypal, not as much the government in Washington.

Of course, the ground work for "Full-spectrum dominance" of all our human activity will continue to be laid, at every opportunity, however it will be for the most part (unless you're in a targeted group that's being made an example) the soft glove of tyranny, for the next few decades, until (almost) all who would rebel have grown quite used to such, their entire lives. Old farts like me, who could actually send a stealthy, encrypted, data packet across the Internet, or actually stay below the constant surveillance if we chose, and weren't already on a special target list, will be dead or too senile to create a fuss, when, and if, the next major round of tightening of the thumb screws on humanity is attempted, in another two or three decades.

First yet another "new" monetary system will be imposed on human civilization, which will provide world-wide control over national and regional governments (though control of the monetary system underlying major international debt and trade) sufficient to allow more open use of the black ops physics and technology that has been under development in secret for the last century. Of course, the intended beneficiaries of this "new found" (well, finally disclosed) physics and technology will not be us ordinary humans, but the bastards in power and whatever occult forces are behind them ... an arena of hidden powers that is likely as tumultuous as anything we can see openly.

[Calz]

Posted by Paul (here)

Posted by gripreaper (here)
Just got caught up on this thread, and I think Paul has a good grasp on what is going on relative to those who have their finger on the pulse. Let me put out some "high octane speculation" as Joseph Farrell calls it and write the script for the next two years.

Thanks for the kind words.

I agree with the first half of your scenario - Rand Paul will become President and take down the Federal Reserve.

Hmmmm ...

__________________


Globalist Agenda Watch 2015: Update 20 – The Establishment strategy for electing Rand Paul


Now that Rand Paul, the chosen candidate of the Rockefeller/BRICS New World Order, has officially entered the race for President, both his campaign and the mainstream media have been offering previews of how the globalists will sell him to the public.

His campaign is presenting him as the anti-Establishment candidate. This is reflected in his campaign slogan…


http://redefininggod.com/2015/04/glo...ing-rand-paul/

[ThePythonicCow]

Posted by Calz (here)

Hmmmm ...

__________________


Globalist Agenda Watch 2015: Update 20 – The Establishment strategy for electing Rand Paul

Yup - Ken over at RedefiningGod.com has a similar forecast. I linked to the same report over here: Excellent interview of Jim Willie by Rick Wiles of Trunews (8 April 2015) -- Post #2.

[naste.de.lumina]

Meanwhile below the equator line, Obama tells jokes at the summit of the Americas puppets.



Translation:

In Brazil a woman had to come to power to begin cleaning up corruption. - Obama

Almost at the same time (04/12/2015) that Obama told the joke, hundreds of thousands of people in over 500 cities across the country went to the streets for empichemam precisely because corruption.

São Paulo City


Brasilia City


Rio de Janeiro City


With each new scandal, the billionaires values of corruption of the previous scandal seem amateur thing.

Detail: Dilma Rousseff has just been re-elected and is already on a knife edge.

[ThePythonicCow]

As always, recessions (in a debt-money system, such as ours) begin with the banks retracting credit. They lend more and pump things up; they lend less and things retract. This is the way of the Bankster ... their perhaps most powerful means of control.

From "There Are Big, Big Problems" - The Shocker Crushing The Economy Revealed (ZeroHedge):

=========

Of course, in a world in which the only economic growth comes as a result of new credit entering the economy (as opposed to Fed reserves being stuck in the S&P), the only thing that matters is how easy it is to get credit into the hands of those who need it. As it turns out it has never been more difficult to get credit.

No really!

According to the CMI, the Rejections of Credit Applications index just crashed the most ever, surpassing even the credit crunch at the peak of the Lehman crisis.

This can be seen on the chart below.

And without any new credit entering the economy, a recession is all but assured.

More details on what may be the most critical and completely underreported indicator for the US economy. The report continues, with such a dire narrative that one wonders how it passed through the US Ministry of Truth's propaganda meter:

By far the most disturbing is the rejection of credit applications as this has fallen from an already weak 48.1 to 42.9. This is credit crunch territory—unseen since the very start of the recession. Suddenly companies are having a very hard time getting credit. The accounts placed for collection reading slipped below 50 with a fall from 50.8 to 49.8 and that suggests that many companies are beyond slow pay and are faltering badly. The disputes category improved very slightly from 48.8 to 49, but is still below 50. This indicates that more companies are in such distress they are not bothering to dispute; they are just trying to survive. The dollar amount beyond terms slipped even deeper into contraction with a reading of 45.5 after a previous reading of 48.4. The dollar amount of customer deductions slipped out of the 50s as it went from 51.8 to 48.7. The only semi-bright spot was that filings for bankruptcies stayed almost the same—going from 55.0 to 55.1. This is the one and only category in the unfavorable list that did not fall into contraction territory and that suggests that there are big, big problems as far as the financial security of these companies are concerned.

=========

The next US recession has begun ... the US banks are pulling back credit. Less lending means less money in circulation, which creates more stress as borrowers cash flows (individuals, businesses and governments) can no longer service existing debt, causing more foreclosures, bankruptcies, repossessions, austerity, ...

[Bill Ryan]

... to Paul's post above: this event may be significant.

[ThePythonicCow]

From Brandon Smith's article One Last Look At The Real Economy Before It Implodes - Part 5 (Alt-Market.com):

The elites cannot simply kill the dollar and replace it outright. They need a magic trick, a smoke-and-mirrors hologram, a sexy assistant in a sequined bathing suit and fireworks galore while they pull their global basket reserve out of a top hat. The false East/West paradigm is the perfect distraction. What better way to destroy the dollar and conjure a new world reserve than to pit one block of nations you dominate against the other block of nations you dominate and blame the resulting economic catastrophe on the "barbarism of sovereign nationalism,” which you also plan to erase in due course?

My Post #248 above documents the trigger event that starts the economic catastrophe - the pulling back of bank credit.

Brandon's article explains how this fits into the larger scheme of things.

1. Set up an East versus West monetary conflict.
2. Crash the world's economies (the age old way - pull back bank credit).
3. Blame the resulting depression on the monetary conflict.
4. Throw up all manner of confusions along the way.
5. Fix the monetary conflict with a global SDR denominated monetary system.

[ThePythonicCow]

Brandon Smith (one sharp cookie) notes another aspect of this in the above mentioned article.

The elite are doing their usual of warning us of a crash, just before it happens, too late for most of us to do much about it.

===========

The elites are preparing for this event, and they are not content only to trigger it then sit back and watch it happen. They also hope to construct a new image for themselves as the prophets who tried to warn the world — the financial “sages” who would be our rescuers.

The criminals are coming into the light, and they are wearing the masks of saviors.

Alan Greenspan is now suddenly a staunch promoter of economic caution, warning that “something big … a significant market event …” is about to happen, and that gold is now a good investment as opposed to the dollar.

Janet Yellen has openly conceded that cash is not a convenient store of value.

Jamie Dimon is getting in on the prognosticator action, asserting that another financial crisis is coming.

The IMF now consistently warns of “shadow banking risks” bringing disaster to the economic environment.

The World Bank has been polite enough to warn the public that “now is the time to prepare for the next crisis.”

The BIS now produces statements on a regular basis predicting a possible “violent reversal of global markets,” just as it conveniently alerted the public to the possibility of credit collapse in 2007 right before the derivatives crisis.

Literally every elitist and his drunken uncle now publicly discuss the danger of another market crash. That’s a rather stark reversal from a few years ago when recovery was a mainstream absolute, Bernanke was being called a hero, and fiat stimulus was the fountain of youth. How would they know that such an event is coming? They built the conditions by which a collapse is inevitable, and now they want to purify themselves in the waters of Lake Minnetonka and absolve their institutions of all future ugliness.

I would like to point out, though, that banker warnings of volatility and crisis are generally given far too late for average people to act accordingly.

===========

Of course the elite bankers know of the coming crash. They just pulled the trigger on it, by contracting bank lending.

[gripreaper]

Brandon's article explains how this fits into the larger scheme of things.

1. Set up an East versus West monetary conflict.
2. Crash the world's economies (the age old way - pull back bank credit).
3. Blame the resulting depression on the monetary conflict.
4. Throw up all manner of confusions along the way.
5. Fix the monetary conflict with a global SDR denominated monetary system.

That's pretty much about it, although this next leg of the totalitarian tiptoe wont be a tiptoe at all, but a blindsided tsunami.

Here in Portland Oregon the construction business is booming and people are spending 200-300K on their houses because they don't like the countertops in their kitchens or the color of the tile in their bathrooms. Try to get a seat in a restaurant at peak hours too.

So, why is the downturn not reflected in the upper middle class yet? I know that half of us are feeling it, but when will the other half wake up?

[bearcow]

Posted by Paul (here)
As always, recessions (in a debt-money system, such as ours) begin with the banks retracting credit. They lend more and pump things up; they lend less and things retract. This is the way of the Bankster ... their perhaps most powerful means of control.

From "There Are Big, Big Problems" - The Shocker Crushing The Economy Revealed (ZeroHedge):

=========

Of course, in a world in which the only economic growth comes as a result of new credit entering the economy (as opposed to Fed reserves being stuck in the S&P), the only thing that matters is how easy it is to get credit into the hands of those who need it. As it turns out it has never been more difficult to get credit.

No really!

According to the CMI, the Rejections of Credit Applications index just crashed the most ever, surpassing even the credit crunch at the peak of the Lehman crisis.

This can be seen on the chart below.

And without any new credit entering the economy, a recession is all but assured.

More details on what may be the most critical and completely underreported indicator for the US economy. The report continues, with such a dire narrative that one wonders how it passed through the US Ministry of Truth's propaganda meter:

By far the most disturbing is the rejection of credit applications as this has fallen from an already weak 48.1 to 42.9. This is credit crunch territory—unseen since the very start of the recession. Suddenly companies are having a very hard time getting credit. The accounts placed for collection reading slipped below 50 with a fall from 50.8 to 49.8 and that suggests that many companies are beyond slow pay and are faltering badly. The disputes category improved very slightly from 48.8 to 49, but is still below 50. This indicates that more companies are in such distress they are not bothering to dispute; they are just trying to survive. The dollar amount beyond terms slipped even deeper into contraction with a reading of 45.5 after a previous reading of 48.4. The dollar amount of customer deductions slipped out of the 50s as it went from 51.8 to 48.7. The only semi-bright spot was that filings for bankruptcies stayed almost the same—going from 55.0 to 55.1. This is the one and only category in the unfavorable list that did not fall into contraction territory and that suggests that there are big, big problems as far as the financial security of these companies are concerned.

=========

The next US recession has begun ... the US banks are pulling back credit. Less lending means less money in circulation, which creates more stress as borrowers cash flows (individuals, businesses and governments) can no longer service existing debt, causing more foreclosures, bankruptcies, repossessions, austerity, ...

With QE ending in the USA last fall and currently starting in Europe, it is also possible Large American banks are moving capital into the Eurozone Markets, trying to stimulate growth there and create the same market conditions that allowed the US equity market to outperform from 20011 to the beginning of 2014. That outflow of captial could cause a credit crunch in the USA. I see this as a more likely scenario because it would seem tactically inept to crash the world markets the same time you are trying to artificially inflate economic growth in the Eurozone.

I dont see a crash coming in the USA, if it goes down it takes everyone else with it. In the end, QE is King, when that party stops is when the world economy will crash. However with Europe, China, and Japan all running some form of QE, I dont see that happening anytime soon.

I dont know if anyone here has noticed, but the Hang Seng Index has gone crazy lately. It is up over 10% in the last month and a half. The Chinese are pumping huge amounts of Capital into it. I dont know what the angle is, maybe they are trying to control the total money flow of the exchange, squeezing out British and American influence.

Time will tell.

[ThePythonicCow]

Posted by bearcow (here)
I dont see a crash coming in the USA, if it goes down it takes everyone else with it. In the end, QE is King, when that party stops is when the world economy will crash.

QE is the shell game being played with all the toxic paper ... debt paper that won't and can't be paid back. QE has very little to do with the real economy of shoes, loaves of bread and petro.

The time honored way, for centuries, to crash debt-money systems is to stop lending new money into existence. So it shall be again.

[awakeningmom]

Posted by Paul (here)
Brandon Smith (one sharp cookie) notes another aspect of this in the above mentioned article.

The elite are doing their usual of warning us of a crash, just before it happens, too late for most of us to do much about it.

===========

The elites are preparing for this event, and they are not content only to trigger it then sit back and watch it happen. They also hope to construct a new image for themselves as the prophets who tried to warn the world — the financial “sages” who would be our rescuers.

The criminals are coming into the light, and they are wearing the masks of saviors.

Alan Greenspan is now suddenly a staunch promoter of economic caution, warning that “something big … a significant market event …” is about to happen, and that gold is now a good investment as opposed to the dollar.

Janet Yellen has openly conceded that cash is not a convenient store of value.

Jamie Dimon is getting in on the prognosticator action, asserting that another financial crisis is coming.

The IMF now consistently warns of “shadow banking risks” bringing disaster to the economic environment.

The World Bank has been polite enough to warn the public that “now is the time to prepare for the next crisis.”

The BIS now produces statements on a regular basis predicting a possible “violent reversal of global markets,” just as it conveniently alerted the public to the possibility of credit collapse in 2007 right before the derivatives crisis.

Literally every elitist and his drunken uncle now publicly discuss the danger of another market crash. That’s a rather stark reversal from a few years ago when recovery was a mainstream absolute, Bernanke was being called a hero, and fiat stimulus was the fountain of youth. How would they know that such an event is coming? They built the conditions by which a collapse is inevitable, and now they want to purify themselves in the waters of Lake Minnetonka and absolve their institutions of all future ugliness.

I would like to point out, though, that banker warnings of volatility and crisis are generally given far too late for average people to act accordingly.

===========

Of course the elite bankers know of the coming crash. They just pulled the trigger on it, by contracting bank lending.

Paul, thank you for putting so much time and effort into trying to educate many of us on these important financial issues. I admit that although I am interested in so many things regarding what's really going on in the world, when it comes to trying to understand what's going on with the Fed, the economy, our fiat currency and the globalist plans for a new currency, etc. I start to shut down and tune out. Math has never been my strong point, and reading about economics/fiscal crises seems too complicated and too "materialistic," something I want desperately to pull away from. I also feel that reading what's happening to our country economically makes me feel incredibly helpless -- as you say, banker warnings of crisis are generally (and intentionally) given far too late for average people to act on it ....

So I guess my question is, what, if anything, can we all do with this information about the intentional ongoing financial collapse? Do we all become preppers? Do we start buying gold (if we can), do we put whatever "money" we have into something other than U.S. dollars? Do we start protests? Form independent communities? It feels like there's nothing to do except continue watching from the sidelines, helpless witnesses to the unfolding collapse of our world. If I'm wrong, please enlighten me.

[ThePythonicCow]

Posted by awakeningmom (here)
So I guess my question is, what, if anything, can we all do with this information about the intentional ongoing financial collapse?

The key thing I recommend is to minimize your cash flow needs.

Arrange your life as best you can so that you could get by on the least amount of regular income as practical.

The problem that many middle class Americans (and governments and businesses and other individuals, world wide) will have is the regular required payments for debt, mortgages and taxes don't go away, even if the income goes away or shrinks, or the cost of essentials goes up dramatically.

For example, being in a nice house with a big mortgage is fine, if you have a big income. Lose that big income, and it gets stressful.

That's why a key thing, for many, will be to get out of debt and to minimize required monthly payments such as rent and utilities.

Having something to eat and some way to stay warm (or, if in Texas, cool), even if there is a major crisis for a few months, can also help. Think through how you'd handle such events as ATM's shutting down, losing jobs, empty store shelves, gas stations closed down, and other such potential problems (whether caused by a riot or a hurricane ... either way.) Then from that, do what you can, in your situation, so that you could get by a little bit better. The essentials are not freezing to death and water. The rest is lower priority, but food gets to be a higher priority after a week or two. If you have particular serious medical conditions, then that adds another twist to think about.

But, as someone who has studied math, economics, accounting and finance for over half a century ... it's simply "reduce minimum cash flow requirements ... and have backup water sources."

Just having some idea what's going down, and knowing that "this too shall pass", will go a long way toward putting one in a better frame of mind.

This is not a one time effort. Keep plugging away at it. One doesn't know when or how things will go down. But down they will go, of that I'm pretty sure. Like leading a healthier life style or eating a healthier diet, keep looking for "the next thing" that one can improve, one thing at a time.

P.S. -- I also do my best to stay on good terms with my neighbors, and I indulge in my favorite hobby of buying foreign made electronic and computer gadgets, figuring that their price will someday go up dramatically, as priced in US Dollars.

[Alan]

Paul, thanks to all your effort on this, truly.

Any thoughts on how to redistribute funds in the 401K to weather the storm?

[ThePythonicCow]

Posted by Alan (here)
Any thoughts on how to redistribute funds in the 401K to weather the storm?

Well ... I took my 401K out, paying the penalties (moving to a state with no income tax to reduce the pain a little), and now own my home (well, cheap trailer, but at least the roof doesn't leak), car and all else I have, including a coin (maybe two) of silver.

Investing 401K's at present is not something I have good answers for. If you can get it into an IRA (might have to change employers) then you could put it in a self-directed IRA and invest in some gold funds, such as Central Fund of Canada (CEF). I did that for a while myself, but it's a long, draw out process. I doubt that most people would have time for that now, before some major changes occur.

[Ron Mauer Sr]

Posted by Paul (here)

Posted by awakeningmom (here)
So I guess my question is, what, if anything, can we all do with this information about the intentional ongoing financial collapse?

The key thing I recommend is to minimize your cash flow needs.

Arrange your life as best you can so that you could get by on the least amount of regular income as practical.

That is very wise advice Paul.

I would recommend having a plan to deal with intermittent electricity. Have a way to retrieve water without electricity. Clean water is critical.
If you have food and no water to flush, get a composting (sawdust) toilet.
Soap is inexpensive to stock up and can help keep you healthy.
Precious metals will probably be worth a lot after the "recovery" but do not expect a grocery store to accept it during the difficult times.
It takes very little room to grow a few veggies in grow bags.
There is a lot of practical information in my blog, Ideas For Self Reliant Living During Financially Turbulent Time (I sell nothing there).

[bearcow]

Posted by Paul (here)

Posted by Alan (here)
Any thoughts on how to redistribute funds in the 401K to weather the storm?

Well ... I took my 401K out, paying the penalties (moving to a state with no income tax to reduce the pain a little), and now own my home (well, cheap trailer, but at least the roof doesn't leak), car and all else I have, including a coin (maybe two) of silver.

Investing 401K's at present is not something I have good answers for. If you can get it into an IRA (might have to change employers) then you could put it in a self-directed IRA and invest in some gold funds, such as Central Fund of Canada (CEF). I did that for a while myself, but it's a long, draw out process. I doubt that most people would have time for that now, before some major changes occur.

Unless your employer is still doing a great job matching your contributions into a 401k, it is a bum deal. Fund Managers dont care about if they outperform the market, they are interested in collecting fees to skim off the top of your investments. Also most 401k's generally have sizable investments in companies that are cornerstones of the agenda most people here not interested in supporting, ie Halliburton, Lockheed Martin, Walmart, Monsanto etc.

Whatever you do, take responsibility for your finances and make your own choices.