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Old 04-13-2017, 02:04 PM
 
Location: Backwoods of Maine
7,488 posts, read 10,499,177 times
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What do you think? I think there is a possibility that this could be a big deal setting up, and that it could go nuclear. War has always been about money, even if in the form of land and resources. But mostly to cover up the tracks of liars and thieves. The people who lend money always finance both sides of the war, so you know it's about money. Too many countries are now on the brink of bankruptcy, if not in default, and war seems the only way to clear the air and return prosperity to some of the people.

None of us here can do anything to change the course of international events. All we can do is prepare ourselves and our families to survive it in relative comfort. Things simply can't continue the way they have been. Too much water under the bridge. The bankers have tried to artificially prop up the economy and lend enough money into circulation to cause a fake prosperity. They have failed.

IMO, having cash and food are good bets right about now. What else would you do?
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Old 04-13-2017, 02:56 PM
 
Location: Nebraska
2,234 posts, read 3,324,817 times
Reputation: 6682
Yes, it seems that war always follows economic trouble including high debt. Almost every first world country has record high debt right now and there is no way to pay it off. It's is just a matter of time before financial collapse occurs.

To get prepared, I would be paying off all the personal debt, buy as much food as you can, and not have to much cash still in financial tools and institution. Keep enough cash at home for a few months of expenses. When things get really bad I expect the banks and government to confiscate any money in their establishment and then allow you to only take a small amount out every month, remember Greece.

Over time, I'm not counting on the US dollar to survive except as a very depreciated currency. Real estate will crash for several years because no one will have money to buy. The stock market will decrease almost over night by 50% or more, the market have done this before and worse, I only see physical Gold and Silver retaining respectable value and maybe even make their owners the new rich.

I don't see much difference between a financial collapse and a world war this time because any war may start out slow but if it evolves into nuclear it will be over quick and there will only be the lucky and the prepared that are still be alive after the first month or two.
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Old 04-13-2017, 07:53 PM
 
1,767 posts, read 1,745,387 times
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Wow! Pretty extreme thoughts, I was just going to say it appears we are heading for a major conflict even though technically a war has already begun with middle east & north korea. It seems that things are about to get worse and we could face some tougher economic times ahead if some of the posturing is not corrected soon.
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Old 04-14-2017, 05:25 AM
 
7,687 posts, read 5,129,249 times
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The people in power will blast of an EMP and blame it on Korea or terrorists.

They will allow the power to be shut off for a year or maybe 2.

75 to 80% of the population will die.

Welfare recipients gone.
Sick people gone.
Old people gone.
Debt and pensions gone.

The great reset
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Old 04-14-2017, 08:31 AM
 
Location: Prepperland
19,029 posts, read 14,231,627 times
Reputation: 16762
Quote:
Originally Posted by Nor'Eastah View Post
What do you think? I think there is a possibility that this could be a big deal setting up, and that it could go nuclear. War has always been about money [and the opposite, too], even if in the form of land and resources. But mostly to cover up the tracks of liars and thieves. The people who lend money always finance both sides of the war, so you know it's about money. [true] Too many countries are now on the brink of bankruptcy, if not in default, and war seems the only way to clear the air and return prosperity to some of the people.

None of us here can do anything to change the course of international events. All we can do is prepare ourselves and our families to survive it in relative comfort. [agreed] Things simply can't continue the way they have been. Too much water under the bridge. The bankers have tried to artificially prop up the economy and lend enough money [actually, they didn't] into circulation to cause a fake prosperity. They have failed.

IMO, having cash and food are good bets right about now. What else would you do?
Wars are always a great excuse for deficits (debt spending), and that enriches the usurers who lend money or extend credit at usury (interest).
However, the idea of money, itself, is part of warfare - as in taking other people's property.

Consider this - the sum and value of all money tokens does not correlate with the value of all goods and services available. So people cannot buy and sell everything that is for sale because of money scarcity. And our current money drought refutes the classical eCONomics claim that inflation is "too much money chasing too few goods." With unmet need, unemployment / under employment, and closed production facilities, we should be facing DEFLATION (dropping prices).

Thanks to usury and tax shifting (where the tax migrates to the retail price of goods and services), we can suffer inflation while having insufficient money tokens. And to pay usury, we need an ever greater supply of money, or suffer defaults and lose pledged collateral.

And to authorize more dollar bills, CONgress must borrow them into existence, hence the perpetual deficits. (And the one time they miscalculated, during the dot com boom, it was followed with the dot com bust.)

So, we're stuck in a system plagued by parasites who skim prodigious wealth from the (m)asses, via usury, inflation, gambling, excessive taxation, and according to the law, it was all by our consent. [ouchie]

Those who do the bulk of the work, are not equitably compensated, due to the machinations of the money mad system. Thus the remedy is to extricate yourself as much as possible from it.
The more you don't need to use "their" money, the better off you will be.
  • Make it, raise it, do it yourself.
  • Trade / barter your surplus with others.
  • Avoid debts with usurers.
- - - -
- - - -

Evidence of money drought
http://www.federalreserve.gov/faqs/currency_12773.htm
● How much U.S. currency is in circulation?

● There was approximately $1.5 trillion in circulation as of February 22, 2017, of which $1.47 trillion was in Federal Reserve notes.
U.S. Population (2017) : 326,474,013
>>> $4,502.65 per capita <<<

Federal Budget (2017): $3.65 Trillion
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Old 04-14-2017, 06:20 PM
 
Location: Cody, WY
10,420 posts, read 14,616,591 times
Reputation: 22025
It's time to move on. Opportunity is elsewhere today. Both gold and securities markets are healthy Obama is history; we have an American president again. You've all made plenty in last ten years if you weren't asleep. You'll make more now. Charter a plane and go to New York or Paris. Buy the things you've always wanted.

Don't wait to get started either. While some guns are cheaper, collectible guns are moving up—again. It will be the same with all the rest of beautiful. Consider property in the South of France. The Muslim scourge will soon fall back.

Keep your pantry, of course, but you have enough food in it.
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Old 04-14-2017, 06:55 PM
 
Location: BNA
586 posts, read 555,782 times
Reputation: 1523
Quote:
Originally Posted by Nor'Eastah View Post
What do you think? I think there is a possibility that this could be a big deal setting up, and that it could go nuclear. War has always been about money, even if in the form of land and resources. But mostly to cover up the tracks of liars and thieves. The people who lend money always finance both sides of the war, so you know it's about money. Too many countries are now on the brink of bankruptcy, if not in default, and war seems the only way to clear the air and return prosperity to some of the people.

None of us here can do anything to change the course of international events. All we can do is prepare ourselves and our families to survive it in relative comfort. Things simply can't continue the way they have been. Too much water under the bridge. The bankers have tried to artificially prop up the economy and lend enough money into circulation to cause a fake prosperity. They have failed.

IMO, having cash and food are good bets right about now. What else would you do?
If there is a nuclear exchange of any kind—small or large—the global economy will immediately collapse. Money will become irrelevant.
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Old 04-14-2017, 07:39 PM
 
Location: Cody, WY
10,420 posts, read 14,616,591 times
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Quote:
Originally Posted by Xelfer View Post
If there is a nuclear exchange of any kind—small or large—the global economy will immediately collapse. Money will become irrelevant.
Just as it did during World War II.
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Old 04-14-2017, 09:00 PM
 
Location: Prepperland
19,029 posts, read 14,231,627 times
Reputation: 16762
Quote:
Originally Posted by Happy in Wyoming View Post
Just as it did during World War II.
When the "other shoe drops" it will be like the worst parts of the Great Depression added to the worst parts of World War II. . . scarcity, rationing, joblessness, civil unrest, and a growing demand for the government to "do something" about the mess. . . as if they could fix what they created.
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Old 04-14-2017, 10:09 PM
 
Location: Cody, WY
10,420 posts, read 14,616,591 times
Reputation: 22025
Quote:
Originally Posted by jetgraphics View Post
When the "other shoe drops" it will be like the worst parts of the Great Depression added to the worst parts of World War II. . . scarcity, rationing, joblessness, civil unrest, and a growing demand for the government to "do something" about the mess. . . as if they could fix what they created.
It will not happen because there is no reason for it to happen. There is a cause for everything that happens.

There is no other shoe. You're squealing your forlorn hope for vindication, nothing more.
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