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Thread: Another economic collapse article

  1. #11
    Join Date
    Jun 2013
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    AZ
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    Quote Originally Posted by ckelly78z View Post
    ^^^^And this is why we prep. You are a darned fool to not have some cash on hand, spare fuel, extra food, and an alternative form of light/heat.
    Exactly correct.
    The banks close down, and it may as well be the same as the power shutting down.
    No big difference. The power shutting down for any extended period is TEOTWAWKI.
    The banks shutting down is at least at first a mere inconvenience. If the banks do ever shut down it will likely be only for a short time (like a few days). The gov can MAKE the banks re-open, can easily infuse cash into the banks, can even abandon the Dollar and make a new currency which they can distribute to the banks to keep them going (at least for awhile anyway).
    A likely scenario would be a reported 'hacker attack' that temporarily makes the banks close and gives our gov time to act to re-open them. Again at least temporarily.
    Something is very likely to pop with banking, the stock market, and/or the whole economy at some point in the relative near future. I assume that is why we are all here to help us learn what we need to survive when that happens.

  2. #12
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    Feb 2009
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    Wisconsin
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    We know its all bs, the whole econ is only "working" because they are printing money. Fiat is worthless and the state is killing any real growth on purpose through regs and taxes.

    I think they will crash it n purpose, try to turn whole world in to Venezuela. Broke desperate cold starving people are supposedly easier to control, and the state wants that control.

  3. #13

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    Quote Originally Posted by X-cop View Post
    We know its all bs, the whole econ is only "working" because they are printing money. Fiat is worthless and the state is killing any real growth on purpose through regs and taxes.

    I think they will crash it n purpose, try to turn whole world in to Venezuela. Broke desperate cold starving people are supposedly easier to control, and the state wants that control.
    Yep.....

  4. #14
    Join Date
    Jun 2008
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    TN mainly, on the road alot.
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    If we went back to gold backed currency would help stabilize world markets.

    There's a bunch of gold hidden away in places that supposed to belong to the people. Wonder what good, dragon families would do for the people?

  5. #15
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    Feb 2009
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    Wisconsin
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    The only metals i can afford to stock pile are lead brass and steel

  6. #16
    Join Date
    Aug 2011
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    N. Texas
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    That's the best kind XCop. Ammo will make for a much better trade when Shtf.
    "The First Gay President", L'dMAO!! "Peace can ONLY be achieved through SUPERIOR FIREPOWER, STOMPING LIBS and CARPETBOMBING"!!

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