There is now nothing the USA can do to prevent the collapse of its currency, and its economy. It has no reserves to support its value, and has the most indebted country in the world, is dependant of the credit from America’s former enemies. Over the last couple of days, both Russia and China have said they will be switching their considerable dollar reserves into Euro. This will only hasten the lack of confidence in the dollar, creating a global lack of confidence in the currency, and setting into free-fall. It will soon bring about the total collapse of the dollar, and the American economy.
The collapse of the dollar will throw the world into a global depression. Those nations with large external debts will not be able to trade sufficiently to earn the income to service their debts, and will slide into bankruptcy. The economies of New Zealand, Australia, Canada and the UK will also totally collapse, as a result of their indebtedness and not being able to service their borrowings. It will result in the Anglo-Saxon nations facing abject poverty, our people facing starvation, and a total break-down in society. Crime will become rampant. Law and order will cease to exist. Disease will become widespread.
If such an event ever came to fruition, it could potentially paralyze this nation and bring the economy to a standstill. Subsequently, the grocery store shelves could be empty within two days and food riots would likely commence by sundown of the second day. All Americans would instantly be in danger. Local law enforcement would be overwhelmed. What would be your chances of survival? Yesterday, I wrote about the fact that FEMA has conducted research studies on America’s level of preparedness and the news is not good. FEMA concluded that 72% of all Americans are not prepared to survive what is coming In other words, when society begins to fragment, you and your fellow preppers are outnumbered by a 3 to 1 margin.
Are you prepared for 3 out of 4 of your neighbors climbing through your windows in search of life-saving supplies?
Former military intelligence officer and author of SurvivalBlog.com, James Wesley Rawles is back on the show today. Despite the manipulated rose-colored unemployment numbers, he says we are still headed for an economic crisis that could dwarf the the great depression. He gives us some fantastic tips on how to prepare .
Other useful resources:
Survive Attack to Our Power Grid System (Weapon That Can Instantly End Modern Life in America)
Survival MD (Best Post Collapse First Aid Survival Guide Ever)
Backyard Innovator (A Self Sustaining Source Of Fresh Meat,Vegetables And Clean Drinking Water)
Blackout USA (EMP survival and preparedness)
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)
Drought USA(Discover The Amazing Device That Turns Air Into Water)