Global Manufacturing Update Indicates 80% Of The World Is Now In Contraction
China’s PMI dropped from 50.1 to 49.2. In fact, 80 percent of the world’s manufacturing is in contraction. Of the countries tracked, only India, South Africa, Russia, and Ireland are still expanding. Everyone else is in a state of contraction.
What the Economic Crisis Really Means
This animated YouTube video illustrates the history of the current economic crisis, from its design for the start, or the fractional reserve banking system that fuels infinite money creation as debt in a world with finite resources like oil, to the current stupidity of trying to keep the current status quo coming out from banks and governments. There are alternatives of the current system, that has not eliminated poverty and where people work themselves to death as they deplete the world’s resources. Work less hours, grow your own food, without going back to the stone age. Sounds like a better plan than the one Central Bankers and politicians are putting out.
Critical Changes Impacting The Gold & Silver Markets
Egon von Gryerz believes that it is not worth listening to what Benji Bernanke says, but what he does and he will launch a form of QE3 when people do not expect it. There will only be smaller amounts of orderly money printing on a regular basis, but the real one will come when there is a panic situation. Right now, there is speculative inflow into gold… Meaning, they are seeing the writing on the wall that something big is coming down soon.
Silver Gives You More
Ted Butler remains convinced that silver’s multiplier effect will continue to make it one of the best investment assets as it has been overall for the past 10 years. He believes that it will have a much larger upside than gold in the next 10 years. When one can now buy about 50 times as much silver, which went above $32 an ounce, as gold, and silver is only coming out of the ground at 10 times the rate of gold, the case of supply and demand will rear its ugly head for those shorting the metal; therefore, after preparing, keep stacking physical.
Student Debt Mal-investment
In 2012, student debt hit the $1 trillion mark, yet college education is not reaping the rewards it once did. About 1.5 million, or 53.6 percent, of bachelor’s degree-holders under the age of 25 last year were jobless or underemployed, the highest share in at least 11 years. A crucial factor is that student debt isn’t like other debt — it cannot be discharged simply through bankruptcy. In getting ahead, it is more important to get the right education and not simply a formal education.
P2P Wireless Internet Network
Government censorship is a primary reason that many want use an alternative to the current internet structure. Using a peer-to-peer internet, like Netsukuku, the advantages are…
1. It is not resource intensive
2. It is private
3. It is fast.
4. It is open-source
Time to get started folks.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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BTW, you can also eliminate the Loaded Indicator ftantioncliuy (to make it smoother to operate) and you >can< make mags drop free very easily. It sucks you gotta change a few parts over to mk2 replacement parts, but for new guys wanting to add a ruger to their armory, buying new can be a lot easier depending on availability. At least with this, you can get the mk2 operation with a new pistol.