The United States, as the world’s preeminent economic and military power, is also, in many ways, the world’s most vulnerable society, for most of our citizens have grown accustomed to a higher standard of living than almost most every other nation.
China and other nations are positioning their currencies to rise with the fall of the petrodollar, the latter of which is based primarily on U.S. military hegemony the world over. But that is an empire of illusion that cannot sustain itself forever, and in fact is now being threatened by other great powers’ aggressiveness on the world stage. If the dollar were to somehow lose its status as the world’s reserve currency, being replaced by a basket of other currencies that may generally favor regional alliances millions of Americans who have yet to position themselves financially for such a downturn are going to suffer immensely.
The world in general seems afflicted on so many different fronts.
When you look at the list above, any rational person could easily see one or more of these scenarios occur within their lifetime.
Aside from the geophysical things that seem to be going haywire, and could be explained simply as the planet’s cycles, there are plenty of man-made catastrophes that loom on the horizon…
Never has the planet had as many people as it does now. With increased population numbers, there is increased pressure for resources.
This is a key point on why you want to stay invested in commodities of all kinds.
More countries seek nuclear devices than ever before and recent advancements in technology make this much easier than any time before in history.
Biological and chemical weapons are also much easier to manufacture — and are being stored by an increasing number of very scary countries.
Oil markets are tighter than ever as demand from countries like China and India increases, but new supply cannot keep up with the increasing demand.
The financial debacle of the world economies needs no introduction to my readers. In short, bad times — really bad times — for any number of reasons could and probably will be coming to a location near you. Unless you and your family take this possibility quite seriously, if and when something does happen, you could very well find yourself in some extremely difficult circumstances.
Have we so quickly forgotten how close we came to economic disaster in 2008? The coming crisis is really a result of what happened six years ago. Here is how Rep. Paul Kanjorski recalled the day of Sept. 18, 2008: “The Treasury opened up its window to help, and pumped $105 billion in the system, and quickly realized it could not stem the tide. We were having an electronic run on the banks. They decided to close down the operation, close down the money accounts. … If they had not done that, their estimation was that by 2:00 that afternoon $5.5 trillion would have been drawn out of the money market system of the U.S., and would have collapsed the entire economy of the U.S., and within 24 hours the world economy would have collapsed. We talked at that time about what would happen if that happened. It would have been the end of our economic system and our political system as we know it.”
You may have thought the financial collapse of 2008 was bad. That was just a warm-up.
Hope for the best, but prepare for the worst.
This is a good motto to live by, despite how you think about things.
Individuals can still hope for the best (that things can and will eventually work out), but what good is your prosperity going to do if you don’t have anything to eat or a safe place to hang out for an extended period of time?
Why not prepare while you still can — when things are readily available and can still be purchased at cheap prices? The coming hyper-inflation will make any such purchases beforehand look very intelligent…
To prepare for the worst, you need a plan. Why are most people so against doing basic preparations that could be the difference on how they survive — or whether they survive?
History shows time and again that those who prepare always fare better than those who did not. Having a plan and being determined to act on that plan will always be the best way to handle any contingencies, should they occur.
After disaster strikes, your mind is going to be racing around like a car on a race track. Pre-planning and having a written set of measures to take will make someone’s life go much smoother when the SHTF.
Your own personal plan is ONLY what best fits what you are going to do during and after a disaster.
People should also have back-up plans — Plans B and C, at least — because nothing ever seems to go as planned. Haphazard approaches to the aftermaths of catastrophes are kind of like a chicken running around without its head.
I hope this discussion on being prepared has been of some value to you, no matter how you feel about the potential for problems in our future.
For me, it has become a way of life — as my beliefs are very strong that a catastrophic financial derivative event is looming in our near future.
Since our junior mining shares are suffering at the moment, I thought the timing would be good to focus on the topic of preparedness while we await the next run to higher ground…
When you start to see bank runs and long lines at the banks as we are seeing in multiple countries…. this is a sign the endgame is near.