13 Scary Things that Happen When an Economy Collapses
Sep 24, †Ј The US dollar could collapse by the end of and the economy can expect a more than 50% chance of a double-dip recession, the economist Stephen Roach told CNBC on Wednesday. The US has seen Author: Shalini Nagarajan. Jul 29, †Ј The possibility of an economic collapse is no longer a faraway thought but weighs heavily on the minds of many right now. Are you ready? One commodity I'm Author: City Prepping.
Society as we know it will break down and collapse in a five stage process outlined here. While it can be accelerated by certain events like war, a natural disaster, pandemic, terrorist attack, or even an impending asteroid impact, history has shown that economic what size is 54 in jerseys will essentially happen in what is a substitute for vegetable oil in brownies five stage process.
To survive the collapse, it is important to read and interpret the signs and understand what assets are important to the current situation so you can be prepared for the worst thereby allowing you to survive intact and with as little damage as possible. Everything is good and the economy is thriving. A high standard of living has been achieved. This is the way things should be. Goods are cheap and readily available.
Everything seems to be in abundance. Stores are filled with retail items ready to be purchased. Life in general is good. However, the idea that everyone is entitled to have what others have earned now permeates society. Redistribution of Wealth Policies are implemented and quietly woven into the fabric of society. Unchecked and under the guise of fairness and equality, these policies slowly decrease productivity and increase dependency on government entitlement and welfare programs.
The economy goes into a slow but steadily increasing decline. Unemployment is on the rise. Ever increasing how to defrag a mac of people receive government assistance in one form or another. People are paid not to work. Government spending has increased dramatically. The price of gold, silver, and other precious metals rise to prices unheard of just a few years earlier.
Inflation reaches the double digit levels. The total collapse of the economy begins after a significant and prolonged decline. The government implements price controls. Shortages on essential goods become widespread. Foreclosed houses sit vacant and deteriorating by the tens of thousands. Middle class neighborhoods begin to look like slums.
The government begins to print currency to pay its bills and support the tens of millions on public assistance. Banks and businesses fail at ever increasing rates. Nobody seems to have any money. Many are now homeless. Labor unions instigate strikes, civil unrest, and large scale riots. Government services are interrupted and unreliable. Local and national infrastructure is in decay.
Violent gangs begin to appear and assert themselves. The government begins confiscation of firearms from law abiding citizens. Violence is what are rfi in construction. Cities and urban areas become very dangerous places to live. At this stage, the country seems pretty much beyond the point of no return.
However, things can still be reversed even at this stage if the right person at the top really believes in the basic fundamental concepts of Freedom, Independence, Liberty, and Individual Rights and is not afraid to do what is necessary to reverse the current trend.
He will be vilified and hated because of his attitude toward personal responsibility, cutting entitlements, and ending what to do for a dry socket after tooth extraction programs. Of course, if the right person were in power and did what needed to be done, none of this would have happened in the first place. The collapse can transition to this stage at any time after Stage 3.
Most of the middle class have lost everything. What used to be well manicured middle class neighborhoods are filled with the carcasses of empty houses damaged and destroyed by vandals. The power grid becomes unreliable. Rolling blackouts are a daily occurrence. You can no longer buy or sell gold or own foreign currency. Inflation is out of control. Now the economy collapses. There is a rush for everything and the shelves go empty in a matter of hours.
Society falls into chaos. The control of urban areas shifts when violent gangs takeover control of the streets and urban neighborhoods. The government issues restrictive measures in an attempt to control the economy. Everything is in short supply and heavily rationed. Food and gasoline is very expensive and there are very long lines to get them when they are available.
Affordable quality health care is non-existent and your job is a distant memory. You will do without what you are unable to provide for yourself. You will discover what it is to live in a third world country. Once all of the above has come to pass, the realization of the current circumstances at this moment must be all too obvious.
It is too late to prepare at this point. What you did not acquire earlier, you are not going to possess now. Anything of value necessary for your survival has already been claimed. The government implements martial law.
Fighting between civilians and government forces break out nationwide. Maintaining more than a 30 day supply of food is considered hoarding food and is illegal. Severe poverty and starvation become a common sight. The government offers marginally acceptable food, water and shelter in exchange for your Freedom, Liberty, and Independence.
A Totalitarian regime assumes power and the individual freedoms and liberties once enjoyed by the people are completely eliminated. As you can see, priorities change as the world changes. It is better to prepare 10 years too early than 10 minutes too late. Many who lack vision will say that it will never happen and for those who decide to live unprepared should consider the following statement.
Back to Editorials. STAGE 1. The Decay Begins Everything is good and the economy is thriving. The Slippery Slope The economy goes into a slow but steadily increasing decline.
It is Going to Get Worse The total collapse of the economy begins after a significant and prolonged decline. The Grab for Power The collapse can transition to this stage at any time after Stage 3. Primary Assets: Relocation to the rural hideaway Firearms and ammo Long term food supplies 1 year minimum Adequate fuel stores Security plan to protect the group and assets Trained dog for security A working knowledge of survival gardening Survival knowledge and skills Once all of the above has come to pass, the realization of the current circumstances at this moment must be all too obvious.
STAGE 5. Freedom, Liberty, and Independence are Lost The government implements martial law. Orbitz Promotion Codes.
#2 Clean Water
When the US Stock Market crashed before the Great Depression, it took the world with it. If the US collapsed now, it would remove $16 trillion, 25% of the world economy. Crashing 25% of the world economy will take the world down with it. Much of China get most their food from the US, and sells mos their products to the US.
My writing is straightforward and politically incorrect. If you like my style, checkout my other Work. This can escalate very rapidly as Trump is poking Putin, and Hezbollah may attack Israel which will lead to chaos. Russia is now acting accordingly while the far left who supposedly are anti-war are suddenly silent. The globalist owned U. Einstein once said that the difference between genius and stupidity is that stupidity has no limit.
It is clear that America is dead. There is no decency, no morals, or sanity, just one big circus of nonsense. Trophy imports of endangered animals are now accepted into the United States, and Donald Trump hired the man who told George W. Bush the lie of weapons of mass destruction in poverty-stricken Iran, John Bolton. Assad said after the first Syrian strike that these allegations are nothing more than cosmetic campaigning and no concrete evidence exists. Still, that means nothing to blood thirsty war mongers.
People have been preaching this for ages and yet the same three things have remained consistent: more war, more government, less freedom. More Economic Instability Ч a larger gap between the rich and poor will become more apparent as automation and outsourcing puts Americans out of work. The debt will collapse, and it will fall in the hands of the American taxpayer. Immigrant Invasion of the U. Inflation is going to blow way out of proportion, and the dollar may become worthless altogether.
We may even see a new world reserve currency possibly the pound or even a cryptocurrency take over. America will become the next Amsterdam where girls will flock to the highest bidder. Sugar daddy relationships will become common as the whole culture is shifting towards a transaction hybrid form of intimacy.
Drop in Marriage Rates Ч men and women will treat it like business contracts which will be very specific, stating finances, child rights, and even frequency of intercourse. High-tech virtual reality porn and sex bots will be the norm. Technological Takeover Ч advancements will be made in biotechnology, genetics, medicine, robotics, and alike, making the human presence obsolete. The Rise of the Eastern World Ч China, India, Japan, Singapore, and other nations will dominate the global economy and will become the new leaders in technological innovation.
Recently, Obama visited New Zealand and was treated as though he were still president. The purpose of his trip is unknown, but as you can see more interest is growing there while America continues to plummet. Globalism will Destroy the Rest of World just like America Ч countries like Georgia, Croatia, India, Korea, and more are increasingly embracing the degeneracy from digitized Western culture, and so the earth will be one culture under globalists, with tyranny and WiFi for all.
Increase in Blindness Ч the surge of computer-based work is forcing the human eyeball to re-adjust itself to better adapt to the constant close work lifestyle. Glasses, contacts, or trans-humanist like technologies are likely to go up to deal with this loss in vision. The End of Personal Privacy Ч Uber had their rider and driver info hacked and paid a 6-figure fee to hackers to remain silent.
Orbitz, the travel website, was recently hacked where credit card, date of birth, and other private info of eight hundred thousand customers were stolen. World War Ч Trump attacked Assad again just like the war mongers wanted him to and is pointing the finger at Russia for financing them. We all know where this is going.
Treat global events with the mind of a Buddha. Let it pass through and be converted into spiritual energy to fuel your goals. Trump said on Friday to pray, hopefully, God will give him more sense instead of pulling the trigger over whispers from his neocon administration.
Home About Archives Culture Masculinity. Luthra April 17, Politics Comments. Send this to a friend Your email Recipient email Send Cancel.