It (The Economic Collapse)Will Happen Suddenly By Jeff Thomas March 10, 2014
As the Great Unravelling progresses, we shall be seeing many negative developments, some of them unprecedented. Only a year ago, the average person was still hanging on to the belief that the world is in a state of recovery, that, however tentative, the economy was on the mend. And this is understandable. After all, the media have been doing a bang-up job of explaining the situation in a way that treats recovery as a general assumption. The only point of discussion is the method applied to achieve the recovery, but the recovery itself is treated as a given. However, as thorough a distraction as the media (and the governments of the world) have provided, the average person has begun to recognise that something is fundamentally wrong. He now has a gut feeling that, even if he is not well-versed enough to describe in economic terms what is incorrect in the endless chatter he sees on his television, he now senses that the situation will not end well. I tend to liken his situation to someone who suddenly finds all the lights off in his house. He stumbles around in the dark, trying to feel his way. Although he can picture in his mind what the layout of his house is, he is having trouble navigating, often bumping into things. This is similar to the attempt to see through the media and government smokescreens during normal times. But soon, as his government undergoes collapse, he will be getting some bigger surprises. He will find that the furniture has inexplicably been moved around. Objects are not where they are supposed to be, and it is no longer possible to reason his way through the problem of navigating in the dark. Many of those who observe the daily news reports are beginning to figure out that they are being fed misinformation. Many are beginning to recognise that neither political party truly represents them or, for that matter, is even concerned for their welfare.
These folks are now navigating in the dark. But the bigger surprises have not yet occurred. There will be a certain amount of lead-up, plus a great deal of confusion, but the actual occurrences will be sudden. No one will be able to predict the dates on which they occur, except those very few people who control the triggers to these events.
Crashes in the Markets Major bull markets rarely end with a whimper. They end with a major upside spike. And, unfortunately, brokers and investors alike tend to think that, if the market has been up for the last week, the last month, or the last year, it can be expected to be up again tomorrow. This makes them prime pickings for governments who may choose to falsely inflate a given market, creating an upside spike to encourage investors to toss their last few coins into the pot, just before the bottom drops out. In previous eras, it could take time for people to sell, and even in panic times, the bloodletting was not instantaneous. However, with the Internet, all that is necessary is a major sell-off by one entity—one that goes through the stops of a large number of investors, and in a flash, the market goes though the floor. (Editor’s note: Stops are orders placed with a broker to sell a security when it reaches a certain price.) The average investor wakes in the morning to find that he has been wiped out.
Commitments by Governments Should there be a currency crash, as is expected in many countries, promises made by governments will be abandoned suddenly, as though they had never existed. Whilst millions of people will find themselves lost, unable to function without their entitlements, governments will evade their guilt through finger-pointing. Tories will blame Labour; Labour will blame the Tories. (The equivalent will take place in other countries.) The net result will be the disappearance of entitlements, either in part or in total. The public will take out its anger through increased hatred of whichever party it is that they already consider to be the evil one. They will fail to understand that collapse was unavoidable.
Assumed National Strengths Will Vanish International alliances will fall away. Former allies will suddenly not be at the side of the failing nation. Former friends will sign alliances with the other side. Trade agreements will suddenly cease. Wealth, initiative, and favour will flow to the new foremost country and its allies. All of the above will happen incrementally—not by any means on the same day—but in each case, the actual occurrence will be sudden.
Just as Julius Caesar was at his peak of power when his fellow members of the Senate drew their knives, a powerful nation is coddled right until the time of its fall. In this regard, the US will see the greatest abandonment of loyalties that any nation will experience. (The greater the empire, the greater the pretence of loyalty to it. And the greater the abandonment when the fall comes.) When an empire collapses, it dies slowly. Unless it comes to an end through conquest, it deteriorates in a series of sudden jolts. Its leaders grasp at anything that might cause a delay, even if this means a worse outcome in the end. The process may take years and even decades. However, it is in the first few years that the major events occur—the events that create the most significant damage. This occurs for two reasons. The first is that the leaders of the country, believing in their own power, believe that they can maintain control of their trade, their overseas control, their military, etc. and find that, when the crashes come, the rats desert the ship in every area. The second reason is that any empire builds its strength upon lies and exaggeration as much as it builds on its true attributes. After a crash, these lies and exaggerations fall away, and in a short time, it becomes clear that the empire was, in its latter stages, a house of cards. The warning signs are already taking place but are not heavily publicised. Even the US's greatest ally, Britain, has quietly undertaken an agreement with China regarding the yuan as the currency for future trade. The stage is set, and we are approaching the first major events. The victims in this play are, unfortunately, the average people, who simply hope to have a decent life. They will be caught unawares and unable to even understand what has occurred, let alone take action to save themselves. Those who have not spent the previous years educating themselves and preparing an alternative life will suffer most greatly. All who live in a country that is undergoing collapse will be negatively affected. Some will do better than others, but to live on this slim hope is much like being fortunate enough to live on the outskirts of Hiroshima in 1945. There is little comfort in being one of the least injured. Better to have been in another country altogether—both during the actual event and during the terrible time that is sure to follow.
Game Changer: It Will Be Shocking for the Average American: “Your Cost of Living Will Quadruple” Mac Slavo March 9th, 2014 SHTFplan.com It’s no secret that the U.S. government is in serious fiscal trouble. So much so that our Treasury Secretary recently noted that should the debt ceiling fail to be increased, the fall-out would be “catastrophic” and last for generations. Given that sobering report, consider that everything in America, from food to fuel, is subsidized in one way or another. Those subsidies are being paid with ever-increasing debt. It is inevitable that at some point the world’s reserve currency, the US dollar, will be wiped out. The trigger for such an event is irrelevant. What is relevant, is how average Americans will be affected when that day comes. In recent months working Americans have seen their health care costs triple. But this is just the beginning. When America’s debt problems come to a head the subsidies will be removed, and that will lead to cost of living increases that will leave those who never saw it coming in a state of confusion and bewilderment with no way out. Marin Katusa of Casey Research, who has met with business and political leaders in over one hundred countries and is one of the most successful contrarian investment analysts out there, has some thoughts on the matter. It will be shocking for the average American… if the petro dollar dies and the U.S. loses its reserve currency status in the world there will be no middle class. The middle class and the low class… wow… what a game changer. Your cost of living will quadruple. In the following must-watch interview with the Sound Money Campaign, Marin outlines the reasons for why our cost of living is going through the roof, the effects of geo-politics on our future, and ways to insulate yourself from what’s coming. Imagine this… take a country like Croatia… the average worker with a university degree makes about 1200 Euros a month. He spends a third of that, after tax, on keeping his house warm and filling up his gas tank to get to work and get back from work.
In North America, we don’t make $1200 a month, and we don’t spend a third of our paycheck on keeping our house warm and driving to work… so, the cost of living… food will triple… heat, electricity, everything subsidized by the government will triple overnight… and it will only get worse even if you can get the services. For the average citizen, they should be thinking, ‘I should store some gold here and there as insurance for all of this.’ Now, I don’t know when it will happen. But it will happen, because it’s happened to all currencies. I don’t think the people of Rome thought that Rome would ever fall as an empire… but it did. So, you have to be prepared and protect your family. That’s why you want leverage to things that have major upside when the dollar does collapse. And the best insurance for that is gold. As Marin notes, the assets you hold should be such that they maintain or increase their value as the Petrol dollar crashes and America’s debt bubble bursts. For those with retirement investments like 401k’s, IRA’s or cash, Marin suggests you look to healthy gold companies as insurance. Back in the Great Depression of the 1930′s, as stocks crashed and then stagnated, those with investments in gold mining companies were able to not only preserve wealth, but grow it. Those who prefer to keep their assets in physical holdings should look to gold and silver bullion, as well as those items that will become difficult to obtain when prices sky rocket. These core physical assets might mean long-term food stores, land with productive capacity, and personal energy production facilities that may include wind, solar or hydro. If there is one trend that has taken hold over the last decade it’s continued price rises for the basic necessities of modern life. Given that we are now in more debt as a nation and individuals than ever before, it’s not hard to see where this is headed. If you need a mainstream forecast to confirm what’s going to happen, then we point you to the words of President Barack Obama, who several years ago stated unequivocally that, “electricity rates will necessarily skyrocket.” He should know, because his policies are a significant contribution to what’s going to happen in the very near future. "There will be no American middle class" Marin Katusa, Top Investment Analyst VIDEO BELOW http://www.youtube.com/watch?v=_XQKfEr18jQ Fiat Empire: Why The Federal Reserve Violates The U.S.Constitution VIDEO BELOW http://www.youtube.com/watch?v=5K41O2QfpjA
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