Oddcaliber
A True Doomsday Prepper
Couldn't have said it better!
Does anyone else see an economic crash coming?
- Thread starter Brent S
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poltiregist
A True Doomsday Prepper
More Americans are tapping into their 401(k) accounts, data shows --- Here we go , now it isn't just us crazy preppers saying an economic collapse is neigh . Desperate people are maxing out credit cards and drawing out their retirement in a desperate bid to financially not drown as gas and food prices devour their income . The thing is this isn't going to end until we get rational leadership over a country , so these desperate financially strapped individuals are now in a bind as preppers that foresaw the collapse watch their plight worsen .
Or maybe they're just cashing out because they know the likelihood of it being worth anything by retirement is not high and they figure they might as well get themselves in a better financial position while they still can.
poltiregist
A True Doomsday Prepper
TikTok - Two months after the above post and we still see the divided United States Government with no plan or seemingly no intention to stop the U.S. economy from crashing . My grandson that I am raising said last night , only half joking " after all the money and preparations you have put in for a Nuclear War or some other calamity " you will be disappointed , If it doesn't happen . - In a way , he was right . --- In an article that I read the Republicans are already drawing up a plan for an economic crash . They are looking at expenditures to drop and which things need financial priority when the economy collapses this summer .
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It already has crashed, we are experiencing artificial economic life support that will only end one way.
When you can create unlimited "money", and pass it out to your favorite companies to keep them afloat, you won't know what the real state of the national economy is until the thing that props it up goes away. That thing is the "petrodollar."
These dumbocrats don't seem to realize that without "fossil fuel" they can't spend unlimited money anymore.
Morons like this guy will suddenly have a "Come to Jesus Moment."
These dumbocrats don't seem to realize that without "fossil fuel" they can't spend unlimited money anymore.
Morons like this guy will suddenly have a "Come to Jesus Moment."
Nah, you'd pass it on to him if it didn't!
If I and mine are long gone (as I suspect we will be because of my personal views of prophecy), I hope my preps are found by someone decent.
My husband even bought a kit- I can't remember where it is from ... maybe from Serpents and Doves? Anyway, it is a kit to explain what is happening in the world in the event of a rapture.
bigpaul
A True Doomsday Prepper
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we have a cost of living crisis here so an economic crash is quite possible.
poltiregist
A True Doomsday Prepper
At this point it is an almost certainty that other countries will follow in the footsteps of countries that whose economy has already collapsed , such as Venezuela , Sri Lanka and for down the crapper South Africa . It actually appears nearly every country on the planet is teetering on economic disaster . About the only thing to prevent it , is if something even worse transpires before they economically collapse such as A World Wide Nuclear War . But to be optimistic and presume we do not enter a Global conflict and to see what is the future , simply bring up the plight of the people that once lived in the 3rd best economies on the planet " Venezuela " and study the squaller that they now live in . The plight of Venezuelans can be found on You Tube . Those that live in rural locations find their living conditions much better than those trapped in the gang run cities . --- In Sri Lanka fuel for their automobiles or fuel for transportation of food to a store is virtually non-existent from my last investigation . This is not something that will rebound in a year or so like recovering from a cat 5 hurricane but will be the new permanent lifestyle . -- Desperation is so acute that in some countries they can not keep electrical power because the people punch holes in the electrical transformers , drain out the oil and actually cook their food in that stuff . -- Indeed we are in the " beginning " stages of interesting times for preppers and catastrophic for those that didn't foresee these events and prepare .
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Helen Back
A True Doomsday Prepper
What caused Silicon Valley Bank to collapse and will customers get their money back? Second largest bank failure in US history rattles markets and raises fears of contagion
Dow closes down 345 points as stocks tumble after Silicon Valley Bank collapse - as Bank of America warns 'crashy vibes of March' set to worsen
SVB collapse will have 'major' impact on tech industry: Fears over mass layoffs and paycheck delays for thousands of employees at companies that do NOT bank with SVB - but use payroll providers that do
Collapse of SVB is largest bank failure in US since 2008 Washington Mutual closure: Customers with deposits OVER $250,000 brace for losses
Helen Back
A True Doomsday Prepper
https://www.reuters.com/markets/cur...tart-12-week-digital-dollar-pilot-2022-11-15/
Those 12 weeks are up, and according to them, a smashing success. It IS coming.
https://cryptonews.com/news/swift-r...test-continues-with-next-phase-of-testing.htm
https://decrypt.co/123112/tom-emmer-digital-dollar-financial-control
https://beincrypto.com/us-cbdc-vs-other-cryptocurrencies/
Those 12 weeks are up, and according to them, a smashing success. It IS coming.
https://cryptonews.com/news/swift-r...test-continues-with-next-phase-of-testing.htm
https://decrypt.co/123112/tom-emmer-digital-dollar-financial-control
https://beincrypto.com/us-cbdc-vs-other-cryptocurrencies/
No one that's been on this forum for the past year should be surprised or directly affected by any of this.
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R
ReAd that 97% of their customers had over $250k. Can't believe they didn't spread it to other banks so they would be covered.
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I knew something was up when I saw the gold market.
rainingcatzanddogs
A True Doomsday Prepper
The question is, what happens next? Will it be a cascading effect or will the gov step in like they did in '08 spend money they don't have to borrow time? My guess, too many people didn't notice. They need a catastrophe to hit a majority of the population to be able to usher in a digital dollar.
Joe won't do anything about it because Joe's mind is not working anymore and he has no interest in a USA and your history.
Joe will stick the rest of the money in the ### of the Ukrainian despot and destroy your country and your army completely, probably a plan of Klaus Schwab.
Interesting times as it looks, so probably for the U.S. and Europe, the population is divided and our industry destroyed, one destroys the middle class and takes a civil war in buy, the regime has only the police on your side the Bereitwillig the people beaten up....
Joe will stick the rest of the money in the ### of the Ukrainian despot and destroy your country and your army completely, probably a plan of Klaus Schwab.
Interesting times as it looks, so probably for the U.S. and Europe, the population is divided and our industry destroyed, one destroys the middle class and takes a civil war in buy, the regime has only the police on your side the Bereitwillig the people beaten up....
Would like suggestions please
poltiregist
A True Doomsday Prepper
--- " Warning this video is not suitable for the unprepared . " This video I could have put under several threads but it appears a " bank run " is potentially on the horizon " perhaps this coming Monday " . At the beginning of the video and a little past half way it presents the bank run possibility . I counted eleven banks that are on the list for collapsing . One statement I liked by Canadian Prepper - When SHTF some will have a plan to confront the crises and proceed to implement it - Some will simply panic and run about not knowing what to do - and finally some will simply freeze in a state of terror .
poltiregist
A True Doomsday Prepper
Actually thinking about it , the ATM machines may be drained over the weekend .
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