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Thursday, March 8, 2018

The Next Economic Collapse



It's inevitable. Economic collapse always happens. Here in the United States we haven't had a real collapse in most people's living memory. Sure, we've had downturns, but nothing like the Great Depression. Our little recessions, while tough on lots of people, hardly rises to the level of collapse.

Personally, I've been surprised we've gone this long. The oil shocks of the 70s could have done it. The stock market problems of '87 looked like the real thing. Later the tech collapse might have been the trigger. The 2008 real estate bubble looked like it could do it. One thing I've learned is to never underestimate the ability of the powers that be to kick the can down the road.

Eventually, collapse will happen. Right now it's all pretty much mathematically baked into the cake. One small example, the derivative market cannot be paid off with all the money in the world. It's highly unlikely that even something as simple as student loans can be made whole. Right now there's an increased risk of a trade war, and that could be a trigger. It doesn't help that regulations designed to keep financial institutions in check are being weakened and eliminated.

There are some tricks, like massive inflation, that can paper over the problems. However, at some point that becomes just another kind of collapse.

There are those who'll claim it will never happen. However, for the rest of us, it doesn't hurt to be prepared. No one can isolate themselves from the effects of full collapse. They can certainly reduce the negative effects. Focus on being able to provide for your basic needs: food, water, shelter, and security.

If you want some idea what collapse looks like, just check out the current situation in Venezuela. Collapse is here. It's just not evenly distributed . . . yet.

-Sixbears

12 comments:

  1. We may not agree completely on the causes, but we both know it will happen eventually. The Rothschilds will LOVE it, though.

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    1. There are those who know how to make money on just about anything, including economic collapse.

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  2. Long pork...the other white meat.

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    1. Come the real depression, I'd imagine many of those fat cat rich folks heads will be on the end of a pike. The poor starving masses will likely not let that food go to waste.
      I'll still be eating out of my buckets or foraging the woods !

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    2. I'd rather eat tree bark, bugs and rock tripe, but that's because I know how. It's healthier eating. :)

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  3. remember, thousands of americans pray every day for this nation to come under God's hand and stay there.
    only God can untangle human snarls.
    we cannot help getting tangled, it is in our fallen nature, no matter how well meaning we may be.
    i think it is God's help that has kept the ball rolling. politicians may be more surprised than we are that the kicked can has held up this long.
    it has held up in spite of them, not because of them, though they will claim the credit.

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    1. Could be. Who am I to say different?

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  4. Our place could keep us feed and watered for quite a long time. My son lives on the back of my place and has all kinds of livestock, including goats, chickens, ducks, etc.

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    1. You guys are in much better shape than most. I'm sure it's a good feeling.

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  5. For the people who say it will never happen, "never" = "not in my lifetime".... And hey, they may only be off by a couple weeks ;-)

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    1. Oh yeah. The first ones at the plane crash are those on the plane. They even beat the paramedics to the scene. :)

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