Question sent privately from a pretty new website junkie…
“Why do you keep writing about the economy, the stock market, banks, crypto and all of that junk?”
When I do threat assessments I look at “probability” and “severity” of an event. In extremely simple terms:
- How probable is an event going to happen and how soon?
- When/if it does occur, how severe will the impact be, including how widespread will the event effects be?
< click here to read more about threat/risk assessment and mitigation >
Right now the economy is the #1 threat our country (the USA) is facing…by far.
Why? The economy has been deteriorating for 120 years and will continue to fall apart until it is no longer a capitalist system but some ugly cousin run by authoritarians. Then you…as well as I…will be nothing more than serfs. There is no stopping it…at least not coming from us as individuals.
The other side of that coin is the economy’s ability to crash literally overnight. We could wake up any given morning and the economy is completely wrecked, crashed, destroyed, done…you get the idea. The economy of the US is nothing but a house of cards…a shell game of massive proportions…one small, unintentional or intentional, wrong move and it comes crashing down around us. And that crash will irrecoverably and irrevocably destroy anyone who is not prepared for it. And as goes the US economy, so goes the world.
And there in lies the third leg of this stool…we, as individuals and families, and to a lesser degree communities, can prepare for this inevitable event. We can take steps to prepare our financial houses to weather the storm…to one degree or another. I have written about how to prepare for this ad nauseam…hence your message to me. If you would like I can write more, but it sounds as if you are already tired of me giving specific information, issuing detailed warnings and outlining steps to take.
Out of all the articles I’ve written on the subject, if you only have time for two, I would suggest reading these two articles in this order:
If you still have any time left and want the big picture, read this article:
Then again, as a good start towards a clear picture, maybe you could just read all of the following:
- Danger Sign – Economy
- Danger Sign – FedNow is now active!
- Danger Sign – Stock Markets
- Critically Important SitRep
- The Fall of the U.S. Empire
- Some serious food for thought…the U.S. Empire
- Heads-Up…the Economy! – (12/10/2021)
- Head’s Up! : The Economy –
- Economic Situation… (9/26/2022)
- SitRep – Economy – 10/3/2022
- Warning Again : US Economy Continues to Fail (10/28/2022)
- De-Dollarization Accelerates
- ! WARNING ! Do you have your emergency cash fund? (3/12/2023)
- SVB – Banks – Failure – Update (3/13/2023)
- Another Bank Failure…more troubling signs… (3/14/2023)
- More on the bank failings… (3/17/2023)
- Banking Failures…the tip of the iceberg… (3/21/2023)
note: Remember, I an not a market expert, a stock broker, an economist, or any other kind of financial expert. I am simply passing along some information that I find interesting and influences me.
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I don’t think most realize how fragile the economy is, most don’t see the parallels between the the collapse of Rome and our modern world. and many have no clue about the several recent examples of hyperinflation. Preparedness needn’t be a “doomsday” thing, but rather it’s hedging against an inevitable, eventual collapse.
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You know…you read my article concerning the collapse of the US Empire you can see a direct correlation to EVERY previous empire collapse in the last 2000 years. The US is no different and we are collapsing…it is fact, the evidence is clear, history does repeat itself.
“Preparedness needn’t be a “doomsday” thing, but rather it’s hedging against an inevitable, eventual collapse.” is 100% spot on! If you prepare for that, then the smaller problems, emergencies & disasters, are already covered.
You are dialed in!
AH
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Yes! Those that don’t learn from history are bound to repeat it, and we are there. It’s unfortunate that “preppers” are often viewed as extremist because it’s also readiness for those smaller problems… thinking ahead has prepared me for power outages, the toilet paper shortage, water being shut off, an illness that prohibited leaving the home. I always enjoy encountering people who are on the same page.
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My question to him/her would be, then why are you here? Don’t let the screen door hitya where the good Lord splitya…..
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“…why are you here?” is a great question! I wonder why people visit ANY prepper website. What are they looking for?
AH
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