Many researchers, including those here at Neithercorp, have projected that the third and final stage of the economic collapse will begin sometime in 2010. Barring some kind of financial miracle, or the complete dissolution of the Federal Reserve, a snowballing implosion should become visible by the end of this year. Data indicates that the dollar and the Dow are running on nothing but false promises and fiat bailouts, and that this game is slowly winding down. The Fed cannot sustain its current rate of liquidity injections without raising the ire of foreign nations heavily invested in U.S. debt, especially when banks have refused to loosen their lending practices as promised, thereby hoarding all bailout funds made available to them and stifling any chance of a credit market recovery.
Understandably, an important question has arisen among those people who are trying to prepare for the event; When EXACTLY will the collapse occur?
Of course, we aren’t psychic, and narrowing down the final trigger to the exact day, or even the exact month, would be extremely difficult. However, what we can do is explain what signs to look for, how to look for them, and what dangers they foretell. Economics gives the appearance of a complex and confusing science, but most economic indicators taught in business schools are really hollow background noise, designed to do nothing more than make television investment analysts seem more intelligent than they really are. All we need to know are the fundamentals, the unchangeable concrete factors that all economies operate on, and how to tell when they are beginning to falter. The following list is composed of signs anyone with a little work and a little vigilance can keep track of, giving them an even greater edge in knowing when the house of cards is really about to topple…
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I already said when. Oct 12th this year at 1:32 PM.
ReplyDeleteWhenever it is, at least I can say I made an actual effort to get ready for the nose dive. Talking about it and actually doing something are two different things.
I am the talker type. I had to force myself to get reserve food, to current a lot of my savings out of fiat dollars and into PMs, to buy seeds.
The hardest part of preparation is just deciding to do something. Anything. That first step. I have friends that know a lot, but the thought of storing food or taking their money out of a bank still doesn't sink in. By the time they decide to do anything it will probably be too late for them and all the shelves will be empty.
Noodles123-I have a friend make tons of $ on Ford and GM lately...I told him to pull his $ out and buy commodities because that's just imaginary $ if things get bad...But all he sees is the #'s on the trading site screen.
ReplyDeleteHe agrees with us but cannot seperate himself from the trap...To do what only 2%-4%of the population is doing is a HUGE Leap of Faith.
As for me I went through the same...But now I'm actually addicted to "Prepping."
Hahahaha it's all silver/guns/ammo and food...I feel like some white guy from Idaho...BUT to tell you the truth I do feel good and at least I can be prepared for awhile...If NOT I'm going to have a hella of a yard sale in a few years.
America is not an ordinary nation. These financial shenanigans can go on for quite a few years yet. People forget that the rest of the World needs USDs to buy oil. Also, it's not very easy to switch to another reserve currency for many nations. Sure, there's the Euro, but at the end of the day the largest navy on the planet will insist you use USDs to buy oil.
ReplyDeleteHyper-inflation would make the price of oil go up accordingly, and the demand for USDs would go the same way, unless the Syndicate decides otherwise.
It would probably take a bank holiday and unilateral action by the Syndicate to change the role of the USD. Outside that, it's not going to happen so long has oil is forcibly priced in USDs at gun point.
Now you silly Americans know why you pay $700+ billion on your military every year. Without it, you're dead. In fact, your economy would have died many years ago.
1:39
ReplyDeletetrue true
There are alot of things the 'end timers' and "skies are fallin" just don't get.
what you write above are just 2
I don't agree with 1:39pm or 4:20pm.
ReplyDeleteFirst, there's the fact that Iran and now quite a few other Opec nations are accepting or demanding payment in something other than USD.
Second, the US navy is quite aware that in an actual firefight situation in the middle east they're fucked because of the Soviet 'sunburn' missiles Iran and others are equipped with.
Go read for yourself about Soviet Sunburn anti-ship missiles. Phalanx cannot stop them.
Our ships are 100% vulnerable and our navy is quite aware of it.