Friday, September 7, 2012

Economic Collapse : Some Of The Really Bad Things That Could Happen

Some Of The Really Bad Things That Could Happen If You Do Not Prepare For The Coming Economic Collapse


Most people just assume that since things have always been a certain way that they will always be that way in the future. Most people just have blind faith that the people running our government and our financial system know exactly what they are doing and that they are doing their best to take care of us. In fact, once upon a time I was fully convinced of that. When I was a kid I quickly realized that my elementary school teachers really didn't have the answers, but I had total faith that those running society at the highest levels were "experts" that were looking out for our best interests. As time went on I kept progressing in my education, and by the time I was finished with law school I came to understand that none of our "experts" really know what they are doing, and they are definitely not looking out for our best interests. The blind are leading the blind and we all need to finally admit that the emperor is not wearing any clothes. Unfortunately, most Americans will repeat the mantra of "if that was true I would have heard about it on the news" until it is way too late. Most people are waiting for the "authorities" to tell them what to do instead of thinking for themselves. Sadly, time is rapidly running out and a lot of people are going to end up getting totally blindsided by what is coming.
The man in charge of our financial system, Federal Reserve Chairman Ben Bernanke, is not going to save our economy. He didn't see the last financial crisis coming, and even after things started falling apart he continued to insist that housing prices would not go down and that we would not have a recession.
Well, it turned out that we had the worst housing crash and the worst recession since the Great Depression of the 1930s.
But still millions of Americans are trusting him to save us this time around.
It isn't going to happen.
The truth is that the design of the Federal Reserve system itself is fundamentally flawed.
The biggest reason why the U.S. government is 16 trillion dollars in debt is because the system is designed to create gigantic amounts of government debt.........
For many more tips, please see this article.

For the moment, I want to focus on some of the really bad things that could happen to you if you choose not to prepare for the coming economic collapse....
1.You Could Find Yourself On The Wrong End Of A Banking Crisis
2.You Could End Up Losing All Of Your Investments
3.You Could Lose Your House
4.You Could Lose Access To Electricity
5.When Thieves Get Desperate They Will Steal Just About Anything
6.Shortages Can Happen
7.You Could End Up Dependent On The Government
8.You Could Lose Your Life

A recent CNBC article entitled "It's Coming: One Pro Sees Big Stock Selloff in 10 Days" detailed how some analysts are warning of a major stock market decline later this month....

An equity strategist for Goldman Sachs is predicting a September selloff that happens so rapidly he is telling clients to protect themselves before Sept. 14.
The reason: Market disappointment over key meetings of the European Central Bank and Federal Reserve—all within the next 10 days.

September may turn out to be a bad month for stocks or it might end up being just fine.

But one thing is for sure.

Time is running out.




Are you ready?
Read Full Article.......
http://theeconomiccollapseblog.com/archives/some-of-the-really-bad-things-that-could-happen-if-you-do-not-prepare-for-the-coming-economic-collapse