Trade War Is Coming! Prepare For The Imminent Economic Collapse 2018 Stock Market CRASH! It Has Already Begun, The Central Bank Begins To Defend It’s Actions

Economic Collapse

A trade war today would be much more damaging for the U.S. than the trade war of the 1930s, as exports today account for a greater proportion of U.S. gross domestic product than they did on the eve of Smoot-Hawley. At the global trading level history teaches us another thing: The more countries trade with each other, the less likely they are to end up at war, economic collapse and major stock market crash . So assuming global trade war breaks out, what is the worst case scenario? [Read more…]

Ron Paul Warns of Dollar Collapse In 13 September 2015

Dollar

Ron Paul Warns of Dollar Collapse In 13 September 2015

Why a complete economic collapse in the U.S. is unlikely even if the dollar loses 100% of its value.
Disclaimer: This article is opinion based with likely scenarios derived from logic based situations.
Discussion includes doomsayer fears, logical outcomes, and a good example of how currency value is subjective.
It is well known that the U.S. Federal Reserve continues to print money to pay down debts owed to countries such as China. It is also known that the Fed printed billions to “bail out” banks and create “stimulus” plans to boost the economy.

RELATED : GERALD CELENTE – The Collapse Has Already Begun. Watch Out For China!
There are a lot of doomsayers on the internet and in media that say this devalues the U.S. dollar both locally and globally. Technically their claim is correct: each dollar used to be backed by actual gold; that backing was removed in the 1970s and ever since then money could basically just be printed up.
But this is where the doomsayers logic ends. Their belief is that because money’s value is only as good as the economy’s belief in it, the value can disappear because there is no gold backing the paper money. Once confidence in the dollar is lost, many doomsayers say that the U.S. economy will completely collapse.

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Hyperinflation Brought Riots and Civil Unrest to This City! Will Yours Be Next?

Hyperinflation

Hyperinflation Brought Riots and Civil Unrest to This City! Will Yours Be Next?

 

DEFINITION of ‘Hyperinflation’

Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is a situation where the price increases are so out of control that the concept of inflation is meaningless.

EXPLAINS’Hyperinflation’

When associated with depressions, hyperinflation often occurs when there is a large increase in the money supply not supported by gross domestic product (GDP) growth, resulting in an imbalance in the supply and demand for the money. Left unchecked this causes prices to increase, as the currency loses its value.

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Why you need to prepare with Food for Hyperinflation! (VIDEO)

spiral0In economics, hyperinflation is inflation that is very high or “out of control”. While the real values of the specific economic items generally stay the same in terms of relatively stable foreign currencies.  In hyper-inflationary conditions the general price level within a specific economy increases rapidly as the functional or internal currency, as opposed to a foreign currency, loses its real value very quickly, normally at an accelerating rate.

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List of Countries that have Experienced Hyperinflation:

• Angola • Argentina • Austria • Belarus • Bolivia • Bosnia and Herzegovina • Brazil • Bulgaria • China • Free City of Danzig • Georgia • Germany • Greece • Hungary, 1922-1924 • Hungary, 1945-1946 • Israel • Krajina  • Mexico • Nicaragua • Peru • Philippines • Poland, 1921-1924 • Poland, 1989-1991 • Republika Srpska • Romania • Russian Federation • Taiwan • Ukraine • United States • Yugoslavia • Zaire (now the Democratic Republic of the Congo) • Zimbabwe

Last Hyperinflation in the USA

During the Revolutionary War, the Continental Congress authorized the printing of paper currency called continental currency. These notes depreciated rapidly, giving rise to the expression “not worth a continental.“

During the U.S. Civil War, between January 1861 and April 1865, the Lerner Commodity Price Index of leading cities in the eastern Confederacy states increased from 100 to over 9,000.  As the Civil War dragged on, the Confederate dollar had less and less value, until it was almost worthless by the last few months of the war.

Examples of Hyperinflation

Hyperinflation in the Wiemar Republic

Germany went through its worst inflation in 1923. In 1922, the highest denomination was 50,000 Mark. By 1923, the highest denomination was 100,000,000,000,000 Mark. In December 1923 the exchange rate was 4,200,000,000,000 Marks to 1 US dollar.[ In 1923, the rate of inflation hit 3.25 × 106 percent per month (prices double every two days). Beginning on 20 November 1923, 1,000,000,000,000 old Marks were exchanged for 1 Rentenmark so that 4.2 Rentenmarks were worth 1 US dollar, exactly the same rate the Mark had in 1914.

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Hyperinflation in Zimbabwe

During this period from 1999–2009, the country experienced a sharp drop in production in all sectors. Unemployment rose and life expectancy dropped.  Hyperinflation began early in the twenty-first century, reaching 624% in 2004. It fell back to low triple digits before surging to a new high of 1,730% in 2006. The Reserve Bank of Zimbabwe revalued on 1 August 2006 at a ratio of 1 000 ZWD to each second dollar (ZWN), but year-to-year inflation rose by June 2007 to 11,000% (versus an earlier estimate of 9,000%). Larger denominations were progressively issued.

The Value of the Dollar is decreasing, Fuel Prices are Rising, Food Prices are Rising, Food Packages and Contents are Smaller, your Employment income is FLAT and/or Decreasing!  This is what you should DO IMMEDIATELY!

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1. Keep excess cash in precious metals, in tangible assets not paper assets. Investing in precious metals will hedge the defilation of your dollar.  While the value of the dollar is going down, the value of the precious will go up.  So when a New Currency is implemented, you can sell your precious metals and get full value of the New Dollar.

2. Downsize, Downsize, Downsize, continuously downsize.  Move to a less expensive rental.  Find ways to reduce your monthly mortgage, Pay off your debt, Cut back on services, Stop spending on Luxuries.  Use the Money you save from Downsizing to pay off debt, start a home business to generate another income.  Use this money to buy long term food and precious metals.

3. You will need short term and long term supplies.  Stock up on Necessities like Food, Water, Medicine, Vitamins etc.. Food as a necessity.  Stock up on Food.  As Food Prices rise you will not be able to afford quality food.  Learn about long term foods .  The only alternative will be low quality processed, GMO food with less nutrition and vitamins.  Which in turn means, Weaker Immune system, sickness, disease and shorter life span.

4. Start your own business.  I don’t recommend depending on your employer for an income.  DO NOT DEPEND ON YOUR EMPLOYER!  Most employers are not giving raises so your salary will be FLAT and they may even try to take money away from you, charge more for benefits and charge more for retirement.

I also recommend an International Business so the world will be your market place and you can tap into all economies.  Since you will need Vitamins and Minerals I recommend a Vitamins and Juice Company.

Will you be able to afford food in the future?  What type of quality of food will you be able to afford?  During the recent disasters, there were food shortages and with a demand the prices will sky rocket!  Are you prepared for this and do you have a food supply in case of a disaster?  There is a way to provide food on your table monthly, provide food to save for a disaster and start a food business to create an income.

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If you are ready to help others and yourself get FOOD  while also building a passive income for yourself, then…

SOURCE : globalfoodprices.net

TSHTF Inflation: “What YOU Will Pay for What You Need to Survive”

JERICHO_NUKEthumb20 cans of Tuna? Check

100 MREs? Check.

20 bushels of Corn? Check.

2 rolls of pre-1964 ‘Junk’ Silver dimes? Check.

400 rounds .22 LR? Check.

500 rounds .223 ammo? Check.

Sounds like a nice stash of survivalist/prepper goods to start with doesn’t it? I could continue on with the list but it only begins to belie the myth that sadly so many members of the prepper community believe to be their ideal that they are 100% prepared for the collapse of America and perhaps Western civilization. How can I make such a statement and not back it up with facts? I shall provide my readers with one fact, the lowly Twinkie:

TWINKIES_BANKRUPTCY_EBAY_PRICEINFLATION2

 

$200,000 for one box of Twinkies? What the hell does that have to do with survival when the proverbial situation arises as TSHTF (look it up if you don’t know what it means)?

Everything.

This was the case last year when the Hostess Bakery filed for bankruptcy when the unions failed to find a reasonable deal with a corporation which had overpaid for their services for years yet nobody who worked their thought it was enough. In the end, the company filed Chapter 7 bankruptcy, the unions lost their jobs, and the thought of no more Twinkies ever being made ever again thus causing a Twinkie panic and prices to be driven out of reality as there was this belief that people were stupid enough to pay this much for a so-called piece of Americana junk food history.

But this is an isolate incident, right? Uh, no, there were literally hundreds upon hundreds of stupid eBay listings like this:

TWINKIES_BANKRUPTCY_EBAY_PRICEINFLATION

 

So what does a Twinkie have to do with TSHTF, inflation, and the fallacies of the survivalist community?

Once again, EVERYTHING.

To begin with, this article is neither to demean the starting prepper nor launch into my fellow bloggers and authors about their version of what being prepared for the worst case scenario might well be; even though the criticism is valid and should remind everyone of the old adage that NO ONE is totally prepared for a societal collapse.

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The theory that many of the Pollyanna view of the end of modern convenience then in the end civilization is that indeed, mankind would seek his brother out and be at his best working together to rebuild and save humanity and rebuild civilization. The other view is the darker perspective, the so-called “Jericho” scenario on steroids where no one can or should be trusted and if one works within a community structure the enemy, in often cases the new or what’s left of the existing government will either extinguish or work with other groups to seize control from any opposition to their way of thinking.

This brings me back to an old posting, a portion of my past where I pointed out the original barter spreadsheet, something most individuals have forgotten about:

(click on the thumbnail to enlarge to full size)

BARTER_PRICE_SS_102210jgfla

In 2010, I too thought that mankind would be somewhat, not totally, but somewhat reasonable in its assessment of civilization and how and what we would do to deal with each other. I published the spreadsheet based on current prices for 2010 and thought that this guide would provide anyone a basic price list for trade should TSHTF soon after that time.

I was wrong.

If you look the version updated on March 20, 2014 the prices have varied some, only because of the value of the dollar and deliberate efforts by yours truly to find the cheapest prices for commodities; however for meat like pork and beef the ratio has exploded beyond belief compared to the staples in the spreadsheet below:

(click on the thumbnail to enlarge to full size)

BARTER_PRICE_SS_032014jgfla

The problem with the spreadsheet above is that the current regime of pricing might well be extinct within the next 180 days as the world shifts from the petrodollar to a true, commodity based currency. I warned about this problem two weeks ago in the article:

Russia’s Financial Nuclear Option against America

yet only a few American financial outlets took the Russian threat seriously.   Fast forward to the news linked two sentences above, a conflict openly possibly involving NATO troops in a mode of retreat and protect, along with a Chinese government electing to engage its long time enemies as an aggressor. The US Dollar Index would collapse from its absurdly overvalued level of just over 80 as world governments abandon its potential future as the peg for their currencies:

USDX_03212014jgfla

 

Imagine the impact far beyond groceries of a US Dollar 50% lower than currently valued. There is a lot of insane analysis that in fact the American citizens will indeed behave in a “civilized” manner despite the initial premise that civilization is collapsing. Thus why the chart I present below, priced in only estimated gold and silver valuations might well wake some of my readers from their Pollyanna perspective that we will continue to exist as a normalized group of people despite every civilization’s collapse indicating otherwise:

TSHTF_BARTERPRICE03202014jgfla

 

The first question is why no comparisons to other commodities like the previous spreadsheets? That answer is easy:

Screw you, I’ll charge whatever the bleep I want.3bdfb4e7f3cf47e7a7649e404722bcd9

You have 100 bushels of corn. So what the hell up?

You have 50 bottles of Jack Daniels for trade? Great, find an alcoholic who is a surgeon to operate on your child who needs his or hers appendix removed.

You have 500 gallons of motor oil and diesel fuel? BFD. I have a gasoline powered vehicle, enough motor oil to make the trip to Mexico and back. and really don’t care if your wife has a disease and she needs my gold to buy her cure.

The reality is that all perceived norms of civilization are out the window once organized governments and currencies collapse. Inflation is the reality of the day as all items are in short supply. Does anyone really think the snipers in Croatia and Bosnia gave one rat’s ass about how many eggs your chicken could poop when they held the high ground, the ammo supply, and enough precious metals to reload until the freaking USMC showed upon the scene?

My friends, and enemies, everyone still thinks in the norm. The two spreadsheets about fair barter only apply in a semi-civilize society. In reality, TSHTF inflation occurs when those who have the most toys, the most gold and silver, get to dictate what YOU will pay for what you need to survive. If you do not have what it takes for barter, you will starve, your children may well die, or worse, you might get turned in to the new “authorities” of the upcoming DHS wet dream era.  It is time to dismiss the insane, insipid, and antiquated idea that America will continue to function as a “Christian” or “Judeo-Christian” society when it all collapses. The truth is that it will look more like the South in the 1865-1867 time period, or worse, the Balkans when Yugoslavia disintegrated.

At that point in time it is survival of the fittest and those who need goods had best have an ample supply of real currency, a 4000 year old plus monetary system, if they wish to survive. If you, my reader does not believe this, do like the 1939 Jew, get in line, get a number to exist and avoid freedom guaranteed with real money within a dictatorship, that of gold, silver, and cunning. As a merchant of life, I would not accept anything less for my family that what I would need in the future to trade or bribe my freedom out of a region for to survive. I need not a truckload of corn, wheat, or fuel. I need not 50,000 rounds of ammunition, three thousand pounds of steak, nor 5,000,000 Advil tablets.

I need what it shall take to move on foot or via transport, using real money to buy my freedom or maintain it behind enemy lines. The alternatives are quite real, quite stark, and quite accurate if anyone has witnessed a FEMA trailer assembly after a natural disaster.

Of course there are alternatives: One could  just move to Venezuela before we collapse here, which is duplicating the errors of humanity’s past:

VENEZUELA_NUMBERONARM_FOODjgfla

SOURCE : johngaltfla.com

Preparing for Economic Collapse(Video)

argentina-street-250x167WHAT SHOULD I DO?                                                    How can I prepare for an economic collapse? is one of the most common questions I get. It usually takes me a second to start to explain how complex such a question is. It’s like asking an auto mechanic, Say, how do you build a car? or asking a computer engineer, What’s all that stuff inside my laptop?

I do have some first-hand experience in this matter, though. The economy in my country, Argentina, has gone through various crises, but none as large as when the economy collapsed in 2001 after a decade of apparent prosperity. The currency devaluated, and Argentina defaulted on its USD$132 billion debt, the largest default ever. The middle class took to the streets after bank accounts were frozen, and the president was forced to resign, escaping the presidential building in a helicopter.

What I’ll do is provide five quick foundational steps, based on what I know, for you to follow so as to be better prepared if something like what happened in my country ever happens in yours.

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