Rourke: This article was originally published HERE over at The Economic Collapse blog.
By Michael Snyder, The Economic Collapse
We witnessed something truly historic happen on Friday. The Dow Jones Industrial Average plummeted 530 points, and that followed a 358 point crash on Thursday. When you add those two days together, the total two day stock market crash that we just witnessed comes to a grand total of 888 points, which is larger than
Continue reading This 2 Day Stock Market Crash Was Larger Than Any 1 Day Stock Market Crash In U.S. History
One of my favorite YouTube Channels belongs to theroadwarri0r. Although not active currently he still has some great content. Below is one of his video’s related to Economic Collapse preparation. He discusses the basic items needed to prepare in a simple no-nonsense manner.
Right now theroadwarri0r has over 9,000 subscribers and 75 video’s. Check ’em out.
Continue reading The roadwarri0r’s take on basic economic collapse preparedness
This video shows what the first 12 hours of a US Dollar collapse might look like.
Let’s hope not!!
A hedge fund manager who warned about the last financial crisis is seeing parallels of that run-up in the market today.
“I think it is a truly scary time,” Andy Redleaf, CEO of $4.2 billion hedge and mutual fund manager Whitebox Advisors, said in an internal memo Sunday night obtained by CNBC.com.
– the above comes from the article “Hedge fund manager says: It’s a truly scary time”
There is little doubt that compared to
Continue reading Economy – “It’s truly a scary time”
Gas prices now are about twice what they were in early 2008. People are so used to paying $3.50 for a gallon of gas that it has become the norm. I even had my wife say some about how “cheap” gas was when it dropped locally below $3.00 per gallon last year. Hmmm…..
With the continued unrest in the Middle East and the rest of the world it got me thinking: What if gas climbed
Continue reading What if gas suddenly went WAY up?
Please look at the graphic below which compares a period of time leading up to the 1929 Stock Market Crash, and recent market trends over the past few years. This information is circulating the Internet as a prediction that come this January the stock market will crash. Based on these trends Economic Collapse appears to be right around the corner. I have stared at those trends over and over again just wondering. Is this for
Continue reading Stock market crash of 1929 repeating?
You know…..the government taxes the living $#*% out of us and continues to spend more and more money while taking more and more. It is a never ending cycle of irresponsible fiscal policy that is happening right n front of the American people and there is hardly an uproar. Sure – there are some of us who speak the truth and there are groups (like the Tea Party) as well – but just look at
Continue reading Infographic: Foreign Aid Around the World
The following post was originally published over at WND.com. It can be seen in its original format HERE.
WASHINGTON – A retired Army general is calling for the “forced resignations” of President Obama, other administration officials and the leadership of Congress for the direction they’re taking the nation, his list of grievances including the systematic political purge of hundreds of senior military officers in the U.S. military.
Retired Maj. Gen. Paul E. Vallely told
Continue reading U.S. GENERAL: LET’S MAKE OBAMA RESIGN
I recently received the following email from a reader:
I would ask you to advise all your readers to watch “Death by China”, (it is on Netflix), well before the Christmas shopping season. You can also watch a preview on you tube.
The US has lost 57,000 manufacturing plants to China, since Clinton signed away the US economy with the World Trade Organization agreement.
Continue reading Death by China
Check out the following excerpt from WashingtonTimes.com article published on November 13th –
MOSCOW — Predicting the imminent collapse of the U.S. dollar, a Russian lawmaker submitted a bill to his country’s parliament Wednesday that would ban the use or possession of the American currency.
Mikhail Degtyarev, the lawmaker who proposed the bill, compared the dollar to a Ponzi scheme. He warned that the government would have to bail out Russians holding the U.S.
Continue reading Russian lawmaker wants to outlaw U.S. dollar…..
By Harriet, Editor At Large – SeasonedCitizenPrepper.com
As I look back over my own life and through the generations as far as our family is concerned, I think our biggest risk is not a collapse of the power grid, nor TEOTWAWKI, but financial hardship due to loss of employment, loss of a working partner, changing social circumstances or a slow, insidious reduction of buying power at a time when there is low income.
Continue reading When We Need to Prep for Economic Hardship
New Zealand Economic Collapse
By Harriet, SeasonedCitizenPrepper.com Editor-At-Large Australia
***This article originally appeared over at SeasonedCitizenPrepper.com. It can be found HERE.
Back in 1984 I lived in New Zeal and during the time the country’s economy collapsed. I was told by someone working very close to the incoming government that the country technically became bankrupt over the weekend after the 1984 elections. This meant the incoming government had no money in its coffers to
Continue reading New Zealand Economic Collapse
What do you think folks?
DON’T WAIT TO BARTER!
Everywhere you look there are references to bartering, and how it will be an asset when shtf.
But why not use bartering now before the shtf to help enable you to get prepared?
Bartering is, by definition a system of exchanging goods and services without the use of currency.
Let’s face it, when the shtf there won’t be many people with any money to get what
Continue reading Guest Post: DON’T WAIT TO BARTER!
The Essence of Money or Tools for Trade
I know. I know. What does this have to do with prepping?
After the survival phase of any catastrophe comes the rebuilding. What I mean is in the prepping world lots of time and energy is devoted to BOB’s, food storage, defense, shelter, water purifiers, etc. What’s not discussed is after everything comes apart, how do we put it back together,
Continue reading The Essence of Money or Tools for Trade
Man. What a question! Why prepare?
Well, let’s take a look at what could be an endless list:
unemployment disability inflation/hyperinflation house fire car accident car breakdown divorce alien invasion earthquake tornado hurricane winter storm power outage/black out economic collapse martial law EMP attack solar flare drought crime wave flood race war world war chemical spill nuclear accident supply chain interruption government collapse volcanic eruption/super volcano asteroid/meteor impact invasion
I am sure I left some
Continue reading Why prepare?
Yeah – old news, right? All that is needed is to pay a little attention to the decisions of our own government makes supposedly made in our best interest.
I am a big backer of law enforcement – BUT am I the only one that is seeing a strange correlation between an ever increasing use of drone technology and Skynet? I want law enforcement to have the tools needed to fight crime – but it
Continue reading Our government is out of control……
This post was originally published over at SeasonedCitizenPrepper.com. I have to be honest – I never knew that New Zealand had the economic troubles the author describes. After reading – I waned to share with the MSO family.
To view the article in its original format – see http://seasonedcitizenprepper.com/new-zealand-economic-collapse/.
New Zealand Economic Collapse
By Harriet, SeasonedCitizenPrepper.com Editor-At-Large Australia
Country-wide economic collapse. Do I have to bug out? One person’s
Continue reading NEW ZEALAND ECONOMIC COLLAPSE
We continue the multi-part series of Questions and Answers involving several websites who each take one simple question…..and answer it. This Q&A will continue through Friday.
The other participating sites are as follows:
SeasonedCitizenPrepper.com IfItHitsTheFan.com The Retreat reThinkSurvival.com DoomandBloom.net ApartmentPrepper.com
Today’s Question: What’s the most important thing people can do to prepare themselves in today’s troubled economy?
Continue reading Preparedness Website Q&A………question #3
Those who have hung around the halls here at ModernSurvivalOnline Institute for Preparedness Studies(M.I.P.S.) are likely familiar with the name….BadVooDooDaddy. This fine gentleman often comments on posts and engages in discussions providing his expert analysis and dazzles us with his vast knowledge.
OK – I am laying it on pretty thick.
BadVooDooDaddy is the owner of the website – The Retreat – Preparedness, Survival, and Just Plain Old Life. I have corresponded
Continue reading Interview: The Retreat’s BadVooDooDaddy……
HOUSE BILL NO. HB0085 was submitted in Wyoming this past week and has caused quite a stir. Basically the bill requests a study to be done by the state to determine what the state must do in case of the collapse of the Federal Government.
The bill starts off by stating the bills purpose:
AN ACT relating to governmental studies; providing for a task force to study governmental continuity in case of
Continue reading Wyoming bill introduced to study “what if” the Federal government collapses….
For years the unsettling violence and unpredictable nature of the Middle East has been concerning. Lately the tension between Israel and Iran has me concerned.
Though threatening words is nothing new – what is different now is the nuclear particulars. I am concerned that Iran will obtain a nuclear weapon. I am also concerned that Israel will strike in an effort to prevent Iran from having the capability of either developing the nuclear weapon –
Continue reading Is a war between Iran and Israel inevitable?