Sunday, March 4, 2012

Financial Collapse Is Coming, The Question Is When?

I have been posting many videos of late, I think, because others are doing a better job than I, of clearly stating the issues that effect us financially on the earth today. I am finding it more and more difficult to find new ways to point out that we are headed over a cliff as a nation, without screaming, "wake up! Do the Math!" at anyone within howling distance. Yet, the MSM keeps pumping out lies and pablum that the government number crunchers design without asking why they don't add up. Most Americans only give the news a cursory glance or listen and rarely more than that unless an incident effects them directly. They get most or all of there news from the main stream media who aren't interested so much in being a governmental watchdog or following up on a story of merit. The numbers don't lie folks. We are headed for the abyss and one would think surely, the MSM can see the headlights of this fast approaching train, feeling the vibrations on the tracks, but their blinders keep them from seeing the light.

 It seems only a few German politicians and Central bankers are trying to point out that you can't fix the debt problems of Europe - The same problems here in the USA, only larger - with increasing debt loads and yet they do because they need to pay the interest on the old debt. So, they & we keep adding new debt loads to our children. In the USA today we have more than 15.5 trillion in debt that we keep kicking down the road and additional debt obligations to Social Security, Medicare, Military spending,  interest etc, we are looking at an additional 32 trillion. These are numbers that are so large that they are mind numbing and thus are ignored. Our continual myopia of our debt issues will cause our financial system to implode unless we act right now! This will be painful, but it must be done, but we won't. The government and the MSM pundits will say no one saw it coming, this monumental collapse. But they would be wrong. They don't want to see, hear or admit that their policies are expensive follies that can NOT be paid for. They have outsourced all of the jobs, hence, no money to pay additional taxes.

 So I remind you that you need to prepare for the coming financial breakdown as best you can. One needs to get out of personal debt as best you can and to arrange your financial affairs without relying on government assistance. These actions can be deliberate and focused. It is up to you to make this happen as best as you can. The harder issue is what to do with your after tax earnings, you can't get a positive interest rate and you can't trust the banks not to implode when this crisis hits. You should consider holding some physical gold and silver - not paper! You can look at APMEX and CNI as trustworthy dealers of precious metals, from whom I have successfully purchased metals recently. Metals are insurance for when the financial implosion happens. Look for real goods, items that can be stored and used barter or trade. What am I talking about? Food, water, clothing, alcohol, tobacco, personal hygiene products, toilet paper, etc. There is a list of 100 items that disappear in a crisis and you can see the list here.

 The collapse won't happen all at once, it will begin with a crisis and slowly build behind government promises to control the problem. They won't, but this should give you time to finalize your plans and make as many people as you can aware of what is happening. An interesting article on planning ahead is linked here.

 What if the collapse doesn't happen? I wish that was true, but with the US government continually raising the debt limit and refusing to make any substantial cut to the budget, the collapse will happen. It is just a matter of when. Will you be prepared? I hope so!

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