It’s the Global Economy, Stupid
While there may be some up days, according to Gerald Celente, the financial markets are at the beginning of a total market meltdown and global collapse. Omitted from the headline blame game as that U.S. equity markets had been trending down since late July. As things get worse, the 1992 Clinton campaign slogan will be updated to “It’s the global economy, stupid.”
Equities Bear Market
Many may not care about the equity market as the stock market has overall seen losses; however, it should be noted that states have invested their already unfunded pensions in this market.
According to Jim Sinclair, the Great Credit Unwind will see currencies of all sorts, take turns crashing. In addition, the gold and silver markets are really tight and if you want physical metal from the paper… good luck! He goes on to say that “Gold and silver will be your only lifeboats as they are no one’s liability in a world where everything including the money in your pocket is someone else’s liability.”
5 Barter Items
Here are, without the supporting reasons why, the five barter things to have for a financial collapse…
4. Do-It-Yourself resources like duct tape
5. Survival books
Migrating to Texas
Texas was the top destination for American taxpayers on the move from 2012 to 2013 as New York lost the largest number of taxpayers. Members of the Millennial generation, aged 18 to 34, were the most likely to pick up and move to a new state.
It is now legal for law enforcement in North Dakota to fly drones armed with everything from Tasers to tear gas. Not to be outdone, unreliable sources claim that the anti-gun California governor Jerry Brown want’s his state police to have drones armed with hollow points and flamethrowers. Speaking of flamethrowers….
While the anti-gun lobby is trying to attack semi-automatic and assault rifles, two companies are now selling the first commercially available flamethrowers. It will likely be the hot toy for Christmas! After all, if you were planning a Viking funeral but you’re not that good with a flaming arrow, then this will be a fine substitute. Or, just imagine the excitement when cooking dinner with one of these.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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