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Author Topic: Preparing for Financial Collapse  (Read 1166 times)

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Offline SeanJohnson

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Preparing for Financial Collapse
« on: June 13, 2022, 09:41:48 AM »
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  • STORY AT-A-GLANCE
    • Financial experts and insiders have, for well over a decade, warned that a collapse of the U.S. currency is a mathematical inevitability, and this collapse will have global ramifications, as the dollar is the world’s reserve currency
    • U.S. inflation is currently at 8.3%, but in some markets, it’s in the double digits. Used car sales, for example, have seen an inflation rate of 22.7% in the past 12 months. Globally, food prices increased by 29.8% between April 2021 and April 2022
    • In 2011, George Soros stated that economic collapse is “foreseen” and that authorities were simply buying time before the inevitable collapse. Now that we’re in the economy’s final death throes, those who have been aware of the trajectory for well over a decade cannot admit it, because then they’d have to explain why they didn’t act to stop it. Admission would also expose the central bank system as the fraud that it is
    • At the root of this collapse is money printing. In the last 50 years, the U.S. has had only four years during which it made a profit, and that profit wouldn’t even cover six months’ worth of the current annual deficit. In short, the U.S. is well beyond bankruptcy
    • In 2020, the World Economic Forum formally announced that a Great Reset is in the works, and this “reset” is basically how the globalist cabal intends to “fix” this situation. It’s not a solution for the average person, however, because The Great Reset solves the problem by transferring wealth and power into the hands of the few and erasing democracy worldwide in one fell swoop.

    https://articles.mercola.com/sites/articles/archive/2022/06/13/us-financial-collapse.aspx?ui=f24845a008a4f4d70c1883ded9cb8fe83a73756e100295f5e02b7a3c15c48f72&sd=20160916&cid_source=dnl&cid_medium=email&cid_content=art1HL&cid=20220613&mid=DM1189524&rid=1518785151 
    Rom 5: 20 - "But where sin increased, grace abounded all the more."


    Offline PAT317

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    Re: Preparing for Financial Collapse
    « Reply #1 on: June 13, 2022, 09:47:01 AM »
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  • Does he give tips on how to prepare for it? 


    Offline SeanJohnson

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    Re: Preparing for Financial Collapse
    « Reply #2 on: June 13, 2022, 09:54:23 AM »
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  • Does he give tips on how to prepare for it?

    Sure, I’ll do your reading for you:

    “Even if you don’t believe the worst-case scenarios are possible, I urge you to prepare for at least some measure of pain. Perhaps food shortages won’t turn into total famine conditions, but they might. At bare minimum, consider storing a few months of extra food for your family, as prices in the near future are only going to go up, and/or start growing some of your own food.
    Likewise, whether the economic crash ends up being hard or soft, prepare yourself for potential financial hardship. Buying physical precious metals could be one defensive strategy, as it can help protect against currency devaluation. Investing in real assets, such as land could be another.
    It’s hard to make definitive recommendations, as your strategy will depend on your personal situation, so take some time to think things through. If you do nothing to hedge your bets, you may one day find yourself left with nothing — which is precisely what the World Economic Forum has declared will be our lot. Other key areas of basic preparation were listed in yesterday’s article, “Are You Prepared for the Coming Food Catastrophe?
    Rom 5: 20 - "But where sin increased, grace abounded all the more."

    Offline Tradman

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    Re: Preparing for Financial Collapse
    « Reply #3 on: June 13, 2022, 11:17:01 AM »
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  • Sure, I’ll do your reading for you:

    “Even if you don’t believe the worst-case scenarios are possible, I urge you to prepare for at least some measure of pain. Perhaps food shortages won’t turn into total famine conditions, but they might. At bare minimum, consider storing a few months of extra food for your family, as prices in the near future are only going to go up, and/or start growing some of your own food.
    Likewise, whether the economic crash ends up being hard or soft, prepare yourself for potential financial hardship. Buying physical precious metals could be one defensive strategy, as it can help protect against currency devaluation. Investing in real assets, such as land could be another.
    It’s hard to make definitive recommendations, as your strategy will depend on your personal situation, so take some time to think things through. If you do nothing to hedge your bets, you may one day find yourself left with nothing — which is precisely what the World Economic Forum has declared will be our lot. Other key areas of basic preparation were listed in yesterday’s article, “Are You Prepared for the Coming Food Catastrophe?
    Excellent advice. My family and I have been preparing for some time but we know that as things worsen, we need to support those who didn't see this coming or bother to prepare.  It is foolish to think things won't get all that bad because lots of people have already lost everything. For now there are places to go for assistance, but I doubt the government will be passing out freebies for long.  People have to ask themselves, what was I capable of doing today, that would work in a long term grid down scenario tomorrow?  From many reports, long term "pain" is a real possibility.

    Offline PAT317

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    Re: Preparing for Financial Collapse
    « Reply #4 on: June 13, 2022, 04:23:50 PM »
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  • Sure,...:


    Thank you.  I do appreciate it.  [I didn't want to read the whole thing if he didn't have any advice.  Too often such things don't.]