Keiser : Prepare For The Systematic Economic Collapse – Predictions And Preparations (A down economy can stretch on for years. Is the U.S. economy on the brink of collapse? Just how bad will it get and how will you and your family survive a financial crisis?)
Is 2017 the year our financial system fully collapses?
It seems like the alternative media always predicts that an economic collapse is coming. In many ways we’ve been right, but in many ways we’ve been wrong. Sure, mathematically, the debt-based monetary system is headed for disaster, and clearly certain parts of the economy are already experiencing major declines. However, we have to admit that our breathless annual predictions of a major economic collapse have been wrong.
I guess it all depends how you define economic collapse. The oil industry is currently experiencing a collapse. Brick and mortar retail is in collapse. Fast food is also hemorrhaging. And financial institutions are shedding jobs faster than ever. If you’re in one of these fields, you probably feel like the collapse is happening all around you.
Yet the value of the dollar remains relatively stable (for now) and parts of the US economy continue to grow. For example, Amazon’s revenue grew 23% in the last quarter, Star Wars is setting global records in theaters and with licensed merchandise, organic food is crushing it, and services like Uber and Airbnb are exploding. And of course the businesses of medicine, war, and policing always seem to be booming.
My point is that the economy always has winners and losers. Collapse or no collapse, there will be some industries that are contracting while others are expanding. Our duty is to identify the pitfalls and opportunities in the current climate to position ourselves to survive and thrive.
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Economic Prediction for 2017
I think a dramatic economic collapse is possible but not probable in 2017. At minimum, however, the United States will likely experience a recession in 2017 even using the government’s phony numbers. This will be painful to a great many people and it will dramatically accelerate the timeline for systematic collapse. Yet I believe there are still enough sectors with abundance and consumer demand to delay widespread collapse. Also, the unbelievably low price for oil can subsidize the US consumer economy for years if it continues.
That said, the Overstock CEO is prepping for an economic zombie apocalypse with gold and food for his employees. If you read this website, Zero Hedge and many others, you probably understand all of the ways the system is doomed. High public debt and taxes; jobs being outsourced and automated; Wall Street swaps, derivatives and high-frequency trading; a Baby Boomer generation retires while their unemployed grandchildren are buried in college debt. Ominous clouds, indeed.
Michael Burry, the real-life market prophet from The Big Short, recently told New York Magazinethat a bigger crisis than 2008 is looming because too-big-to-fail banks have only gotten bigger and central banks have lost control of the economy’s risk pricing mechanism – interest rates.
Where do we stand now, economically?
Well, we are right back at it: trying to stimulate growth through easy money. It hasn’t worked, but it’s the only tool the Fed’s got. Meanwhile, the Fed’s policies widen the wealth gap, which feeds political extremism, forcing gridlock in Washington. It seems the world is headed toward negative real interest rates on a global scale. This is toxic. Interest rates are used to price risk, and so in the current environment, the risk-pricing mechanism is broken. That is not healthy for an economy. We are building up terrific stresses in the system, and any fault lines there will certainly harm the outlook.
What makes you most nervous about the future?
Debt. The idea that growth will remedy our debts is so addictive for politicians, but the citizens end up paying the price. The public sector has really stepped up as a consumer of debt. The Federal Reserve’s balance sheet is leveraged 77:1. Like I said, the absurdity, it just befuddles me.
“Toxic” Burry calls our situation. Agreed. It’s not a matter of if the economy will experience a major illness, it’s merely a matter ofwhen. The symptoms are already spreading.
But I think we’ve got at least another year before any large-scale breakdown of the economy. This is great news since it gives us plenty of time to adapt and prepare.
Preparations for a Declining Economy
We put together a detailed special report on how we plan to survive and thrive in current economic conditions. It covers tips and tactics to simplify your finances, to get healthier, to diversify your income, to produce and store food and much more. Additionally, we reveal the areas and opportunities that we believe have potential for growth in a bad economy.
We don’t want our readers to be victims of the coming collapse. We want you to survive and thrive.
The Lost Ways is a comprehensive book that teaches you a variety of ways that our forefathers used to deal with different situations. The program teaches you survival mechanisms that does not require money. The fact is that the modern survival equipment is unreliable and ineffective. In fact with the techniques in this book, you can survive solely in a catastrophe that kills everybody.
Eric Blair writes for ActivistPost.com. This article may be freely shared with author attribution and source link.
The economist told RT that we are now faced with the possibility of contagion, similar to the collapse of Lehman Brothers in 2008, which triggered a global credit crisis.
“We’ve seen markets sell off and we’ve seen marking down of assets on books, we haven’t yet seen the big margin selling that will come in soon, I’m sure there will be some hedge funds that will declare bankruptcy. There are going to be some add on effects that could start to gather some momentum.”
The question is: “Can the Central Banks once again ride to the rescue and save the global economy by printing money?”
Our grandfathers had more knowledge than any of us today and thrived even when modern conveniences were not available. They were able to produce and store their food for long periods of time. The Lost Ways is the most comprehensive book available. All the knowledge our grandfathers had, in one place.Here’s just a glimpse of what you’ll find in the book:
Table Of Contents:
Making Your Own Beverages: Beer to Stronger Stuff
Ginger Beer: Making Soda the Old Fashioned Way
How North American Indians and Early Pioneers Made Pemmican
Wild West Guns for SHTF and a Guide to Rolling Your Own Ammo
How Our Forefathers Built Their Sawmills, Grain Mills,and Stamping Mills
How Our Ancestors Made Herbal Poultice to Heal Their Wounds
What Our Ancestors Were Foraging For? or How to Wildcraft Your Table
How North California Native Americans Built Their Semi-subterranean Roundhouses
Our Ancestors’Guide to Root Cellars
Good Old Fashioned Cooking on an Open Flame
Learning from Our Ancestors How to Preserve Water
Learning from Our Ancestors How to Take Care of Our Hygiene When There Isn’t Anything to Buy
How and Why I Prefer to Make Soap with Modern Ingredients
Temporarily Installing a Wood-Burning Stove during Emergencies
Making Traditional and Survival Bark Bread…….
Trapping in Winter for Beaver and Muskrat Just like Our Forefathers Did
How to Make a Smokehouse and Smoke Fish
Survival Lessons From The Donner Party
Get your paperback copy HERE
Here’s just a glimpse of what you’ll find in The Lost Ways:
From Ruff Simons, an old west history expert and former deputy, you’ll learn the techniques and methods used by the wise sheriffs from the frontiers to defend an entire village despite being outnumbered and outgunned by gangs of robbers and bandits, and how you can use their wisdom to defend your home against looters when you’ll be surrounded.
Native American ERIK BAINBRIDGE – who took part in the reconstruction of the native village of Kule Loklo in California, will show you how Native Americans build the subterranean roundhouse, an underground house that today will serve you as a storm shelter, a perfectly camouflaged hideout, or a bunker. It can easily shelter three to four families, so how will you feel if, when all hell breaks loose, you’ll be able to call all your loved ones and offer them guidance and shelter? Besides that, the subterranean roundhouse makes an awesome root cellar where you can keep all your food and water reserves year-round.
From Shannon Azares you’ll learn how sailors from the XVII century preserved water in their ships for months on end, even years and how you can use this method to preserve clean water for your family cost-free.
Mike Searson – who is a Firearm and Old West history expert – will show you what to do when there is no more ammo to be had, how people who wandered the West managed to hunt eight deer with six bullets, and why their supply of ammo never ran out. Remember the panic buying in the first half of 2013? That was nothing compared to what’s going to precede the collapse.
From Susan Morrow, an ex-science teacher and chemist, you’ll master “The Art of Poultice.” She says, “If you really explore the ingredients from which our forefathers made poultices, you’ll be totally surprised by the similarities with modern medicines.” Well…how would you feel in a crisis to be the only one from the group knowledgeable about this lost skill? When there are no more antibiotics, people will turn to you to save their ill children’s lives.
If you liked our video tutorial on how to make Pemmican, then you’ll love this: I will show you how to make another superfood that our troops were using in the Independence war, and even George Washington ate on several occasions. This food never goes bad. And I’m not talking about honey or vinegar. I’m talking about real food! The awesome part is that you can make this food in just 10 minutes and I’m pretty sure that you already have the ingredients in your house right now.
Really, this is all just a peek.
The Lost Ways is a far–reaching book with chapters ranging from simple things like making tasty bark-bread-like people did when there was no food-to building a traditional backyard smokehouse… and many, many, many more!
The Lost Ways (Learn the long forgotten secrets that helped our forefathers survive famines,wars,economic crisis and anything else life threw at them)
Survival MD (Best Post Collapse First Aid Survival Guide Ever)
Conquering the coming collapse (Financial advice and preparedness )
Liberty Generator (Build and make your own energy source)
Backyard Liberty (Easy and cheap DIY Aquaponic system to grow your organic and living food bank)
Bullet Proof Home (A Prepper’s Guide in Safeguarding a Home )
Family Self Defense (Best Self Defense Strategies For You And Your Family)
Survive Any Crisis (Best Items To Hoard For A Long Term Crisis)
Survive The End Days (Biggest Cover Up Of Our President)