The U.S. economy is dying and most American voters have no idea why it is happening. Unfortunately, the mainstream media and most of our politicians are not telling the truth about the collapse of the economy. This generation was handed the keys to the greatest economic machine that the world has ever seen, and we have completely wrecked it. Decades of incredibly foolish decisions have left us drowning in an ocean of corruption, greed and bad debt. Thousands of businesses and millions of jobs have left the country and poverty is exploding from coast to coast. We are literally becoming a joke to the rest of the world. It is absolutely imperative that we educate America about what is happening. Until the American people truly understand the problems that we are facing, they will not be willing to implement the solutions that are necessary.
If you have not been preparing for what is coming, you need to get off your sofa and you need to start prepping right now. Just remember what happened back in 2007. That crisis took most people totally by surprise. Millions of Americans lost their jobs, and because most of them were living paycheck to paycheck, all of a sudden most of them couldn’t pay the rent or the mortgage either. Large numbers of families that were once living a comfortable middle class lifestyle suddenly found themselves destitute. Well, this coming crisis is going to be even worse by the time it is all said and done, and it is not just going to be economic in nature. Over the past two trading days, the Dow has gone down more than a thousand points. The shaking that so many have warned about has begun. As this shaking plays out, you and your family will need cash, food, supplies and a whole bunch of other things. If you do not already have everything prepared, then you need to kick your prepping into overdrive because we are on a very compressed time frame now.
Josh Sigurdson talks with David Moadel of Portfolio Wealth Global about several things affecting the markets and the monetary system currently. David has great insight into a host of issues which he features regularly on his YouTube channel. First, David goes into the very real issue of market manipulation as we see banks and governments prop up or crash markets across the board.
Gold and silver have been extraordinarily manipulated most notably since 1933 at the confiscation of gold by FDR which was used to fund the ESF. David explains that this will end very badly for the old economy. David then explains what we are currently seeing with the yield curve as it shows clear signs of it inverting. Every time the yield curve inverts, it is soon followed by a recession. All fiat currencies eventually revert to their true value of zero, they always have, they always will going back to 1024 AD in China. With that, we talk about the extremely notable housing bubbles happening throughout the United States currently, very reminiscent of 2007, but this time even worse.
David talks about how interest rates are involved and how this will lead to the coming storm. He also talks about the future of cryptocurrencies as blockchain technology is used for good, but also the dangers of a centrally planned digital cashless society in the playbook for countries like China. Finally, David explains how individuals can make passive income and strive for success rather than being dependent on banks and government.
But I wonder why he is so concerned about people being able to live a month indoors. Does he know something that the rest of us do not?
Others are issuing similar ominous warnings. The following is an excerpt from a recent article by Chuck Baldwin that seemed to be written with an unusual sense of urgency…
I suggest you have a supply of food and water to last at least three months. Many survival experts insist that a six-month supply is the minimum. Personally, I can live a long time on tuna fish or peanut butter. You can purchase MREs from a variety of sources, as well as camp-style packaged food from many sporting goods stores. Of course, bottled water is available everywhere during normal times. Stock up! Distilled water will store longer than spring water. Plus, I suggest you have some water purification tablets or a Katadyn water filter on hand. And, if you are able, prepare to grow your own food. In cold weather climates such as we have here in Montana, people quickly learn how to construct and utilize greenhouses in which to grow food. Canning food is another very helpful hedge against deprivation. If your parents and grandparents lived through the Great Depression as mine did, this was standard operating procedure.
Get a generator. Keep a supply of fuel on hand. Stay stocked up on batteries, candles, portable lights, first aid supplies, and toiletries–especially toilet paper and toothpaste. I also suggest you never run out of lighters or matches. You never know when you’ll need to build a fire. If you live in a cold weather climate, you probably already have some sort of wood stove or fireplace.
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Similar sentiments were expressed in a recent piece by prepper extraordinaire Daisy Luther…
- Take your money out of the bank ASAP. If you still keep your money in the bank, go there and remove as much as you can while leaving in enough to pay your bills. Although it wasn’t a market collapse in Greece recently, the banks did close and limit ATM withdrawals. People went for quite some time without being able to access their money, but were able to have a sense of normalcy by transferring money online to pay bills or using their debit cards to make purchases. Get your cash out. You don’t want to be at the mercy of the banks.
- Stock up on supplies. Make sure you are prepped. If you’re behind on your preparedness efforts and need to do this quickly, you can order buckets of emergency food just to have some on hand. (Learn how to build an emergency food supply using freeze dried food HERE) Hit the grocery store or wholesale club and stock up there, too, on your way home.
- Load up on fuel. Fill up your gas tank and fill your extra cans also. Quite often, fuel prices skyrocket in the wake of a market crash.
- Be prepared for the potential of civil unrest. If the banks put a limit on withdrawals you can look for some panic to occur. If the stores dramatically increase prices or close..more panic. Be armed and be prepared to stay safely at home.
- Be prepared for the possibility of being unable to pay your bills. If things really go downhill, the middle class and those who are the working poor will be the most strongly affected, as they have been in Greece during that country’s ongoing financial crisis. This article talks about surviving if you are unable to pay all of your bills.
Every family is facing a different set of circumstances, so “prepping” is not going to look the same for everyone. What may make sense for you may not make sense for me. But the truth is that we all need to get prepared for what is coming, because time is running out.