THE lack of fear in markets means investors should be worried about another stock market crash, a global economic advisor at one of the world’s largest money managers has warned.
Will the US Economic Collapse Happen in 2018? The economic forecast for 2018 is more than bleak, and there is more than enough economic data out there to show there could be an economic collapse and stock market crash in 2018.
Despite constant reassurances from federal overseers, Americans are becoming increasingly aware of the economy’s frail nature.
While media pundits and analysts desperately push the failure of central planning and Keynesian economics, these experts continue to be proven right on the dangers of reckless spending and debt.
Here are renowned experts who warned of the now-present, slow-motion financial collapse. With currencies being rapidly devalued by their respective governments, the global economy in a slow-down, and tensions over resources heating up around the world, it’s time to start considering the endgame. If we all talk about the end game and a scenario of total collapse, I can see the governments telling everybody that your money is now worthless and the bonds you own are now worthless. You all have to take a haircut. The controlled media tells us that it is a symptom of corporate greed and an accidental occurrence. The truth is that recently released central bank cartel documents show that the entire global financial melt-down in a purposefully engineered consolidation. The following is a transcript of an interview with award-winning investigative journalist Greg Palast in which Palast blows the IMF World Bank program of slavery wide open.
The US government has run up trillions of dollars in debt, and given the recent debates over the country’s debt ceiling, we can rest assured that neither Congress or the President will act to curtail spending and balance the budget. We will continue adding trillions of dollars to the national debt clock until such time that our creditors no longer lend us money.
Trump's stock market booms but this analyst warns Dow Jones will lead to TERRIFYING crash
THE DOW Jones stock index hit the 25,000 level for the first time after strong global economic data but one analyst has warned of its collapse.
During Donald Trump’s time as President, the US stock market has boomed and the billionaire has been boosted by strong manufacturing and a general economic upturn for the world’s largest economy.
The Dow Jones Industrial Average broke 25,000 on Thursday following the release of stronger jobs data than expected.
But one analyst, Paul Gambles, struck a note of caution about the success of the stock market and warned about the dangers of a collapse.
Ron Paul prediction prepper total collapse coast to coast am sheep sheeple ghost town hyperinflationary environment developing major collapses in the bond and stock markets and possible sudden deflation (primarily of assets), followed by dramatic inflation, if not hyperinflation (primarily of commodities), followed by a crash of several major currencies, particularly the euro and the US dollar. Travel Restrictions. This will begin with restrictions on foreign travel, including suspension/removal of passports Confiscation of wealth. The EU has instituted the confiscation of bank accounts, which can be expected to become an international form of governmental theft. Food Shortages Riots. These will likely happen spontaneously due to the above conditions, but if not, governments will create them to justify their desire for greater control of the masses. Martial Law. The US has already prepared for this, with the passing of the 2012 National Defense Authorization Act (NDAA)
The only other times in our history when stock prices have been this high relative to earnings, a horrifying stock market crash and economic collapse has always followed. Will things be different for us this time? We shall see, but without a doubt this is what a pre-crash market looks like. This current bubble has been based on irrational euphoria that has been fueled by relentless central bank intervention, but now global central banks are removing the artificial life support in unison. Meanwhile, the real economy continues to stumble along very unevenly. This is the longest that the U.S. has ever gone without a year in which the economy grew by at least 3 percent, and many believe that the next recession is very close and economic collapse imminent. Stock prices cannot stay completely disconnected from economic reality forever, and once the bubble bursts the pain is going to be unlike anything that we have ever seen before.
If you think that these ridiculously absurd stock prices are sustainable, there is something that I would like for you to consider. The only times in our history when the cyclically-adjusted return on stocks has been lower, a nightmarish economic collapse and stock market crash happened soon thereafter…
Preparing for an economic collapse means preparing for the other crisis that follow. An economic collapse could mean job loss, rising crime rates and the suspension of our constitutional rights.
This is why I feel that preparing for an economic collapse encompasses all of prepping. Preparing for the coming collapse doesn’t just mean having food and water, it means being ready to handle the aftermath like a grid down event or Martial Law.
Learn survival skills
Survival skills like how to take care of wounds (minor and not so minor) as well as how to hunt, fish, build a shelter, tie a rope and build a fire are extremely important when things get bad.
You want to make sure that you can accomplish all of these tasks which may take a little more effort and a lot of training. Look for classes on survival skills or check out books that will help you learn. Programs like Girl Scouts and Boy Scouts are able to help you in many ways as well.
Even if an economic collapse is not a complete collapse we will probably revert back to some sort of bartering system. If money becomes worthless our skills and our supplies will become our currency. Good bartering items include first aid supplies, alcohol, clothing and even small items like lighters.
Bartering could also include your skills. If someone has no idea how to garden, and you do, that will be very valuable to that person and you could possibly take a portion of the harvest for teaching them. I have a couple of articles about valuable post collapse skills to have or learn.
Learn preservation techniques
Preserving foods is essential as well. You need to make sure that everything you purchase or everything you grow is going to stay useful for as long as possible. The best way to do this is to preserve it. Learn different types of preservation techniques and you’ll be able to store your food even longer. It will help you keep them healthy for your family as well. What you want to do is make sure that you’re keeping as much of the nutrients as possible when you preserve foods so look for ways that aren’t going to eliminate everything your body needs.
Food Storage and Survival Supplies
This might be a little obvious but still needs to be mentioned. If a loaf of bread costs $20 and if we lost our job because of a depression type event not having to worry about buying food on a daily basis will not only help us live through a collapse, it will give us think about something other than feeding the family…like security and survival.
Having long term food storage and survival supplies also means there will be no need to put yourself in danger by having to venture out into the chaos just to survive. The severity depends on the level of the collapse, but having the ability to bug in is always a good plan.
Have weapons for hunting/protection
In a lawless place you may also need to do your own hunting for food and you may need to protect yourself from people around you (depending on just how bad things get). In these instances you need to have weapons and methods of protection around.
Like it or not, self-defense is going to be very important. People are going to want what we have and if the only way to get it is through force they will justify it. During an economic collapse the crime rate will skyrocket, and who knows how much help the police will be.
Self-defense ranges from firearms, to non-lethal weapons, to physically being able to defend yourself. Some people are not comfortable owning firearms and I wrote this post about non-lethal weapons if that is the case for you. I personally believe that everyone should own and be educated about gun safety even if you never plan on using it.
Disaster preparation has received a lot of attention in the recent past. In fact, people who live in every corner of the world prepare for various disasters such as famine and war. Some of them even prepare for zombies. It is always better to prepare to face disasters as they can hit us at unexpected times. However, it should be done according to a plan. That’s where The Lost Ways comes into play. This guide follows a scientific approach to help people prepare for disasters. In fact, it would let people know about the secret methods followed by the ancestors to survive disasters. They include a variety of disasters such as droughts, diseases, financial crisis, wars, famines and everything else life threw at them. For More Information about The Lost Ways Survival Guide Click Here