Where The World Is Going
According to Egon von Greyerz, we can just look at Argentina as an example of how things will evolve: Deficits leading to massive money printing, to problems in the financial system, to collapsing exchange rates, and eventually to exchange controls and protectionism. That will cause hyperinflation, in the West, and there will be massive suffering. In terms of financial protection, gold and silver stored outside the banking system may be the best protection.
Investor Sentiment Eroding Globally
While the S&P 500 has continued moving higher, over the past month there has been a huge increase in volatility and pullback in emerging market nations globally. There are signs that investors are beginning to panic and sell in emerging markets that are thin and illiquid. The divergence in investor sentiment between the S&P 500 and the emerging markets is a warning sign that investors should heed.
20 Examples of U.S. Demise
Here are a few…
1. Many members of the media have family members that work for the White House.
2. IRS agents are training with AR-15 rifles.
3. The U.S. has the highest rate of obesity on the planet by far.
Food Stamps to Be Slashed
Congress will slash food stamp funding in the midst of a deep economic recession, when more people rely on food stamps than ever before. The Senate passed a five-year farm bill that contained 4.1 billion dollars in cuts to the Food Stamp Program over ten years. In the House, the House Agriculture Committee passed a farm bill that will cut 20.5 billion dollars from the program. So, the cuts will between 4.1 and 20.5 billion dollars. Needless to say, with real inflation, this has the makings of some serious social problems folks.
Learn A Post-Collapse Trade
During a major crisis, barter will probably be the most accessible form of local industry. Here are a few ideas to keep yourself useful to others…
1. Have solar power banks to keep batteries charged because there will be a need.
2. Knowledge of how to make fresh water
3. Ammunition production for obvious reasons.
Termites Feast On Life Savings
A Chinese woman almost lost her life savings recently when termites invaded a wooden drawer; in which, she kept a plastic bag containing the equivalent of 65,000 U.S. dollars. Sure, she got most of it back; however, it goes to the point that currency is not money; in that, it does not having long term value.
As this video shows, if chemtrails are natural, how come they are being edited into scenes of old movies?
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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You can’t eat money. But termites can.