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20 Signs That The Global Economic Crisis Is Starting To Catch Fire
Freedom Outpost ^ | February 14, 2014 | Michael Snyder

Posted on 02/14/2014 7:46:25 PM PST by Tolerance Sucks Rocks

If you have been waiting for the "global economic crisis" to begin, just open up your eyes and look around. I know that most Americans tend to ignore what happens in the rest of the world because they consider it to be "irrelevant" to their daily lives, but the truth is that the massive economic problems that are currently sweeping across Europe, Asia and South America are going to be affecting all of us here in the U.S. very soon. Sadly, most of the big news organizations in this country seem to be more concerned about the fate of Justin Bieber's wax statue in Times Square than about the horrible financial nightmare that is gripping emerging markets all over the planet. After a brief period of relative calm, we are beginning to see signs of global financial instability that are unlike anything that we have witnessed since the financial crisis of 2008. As you will see below, the problems are not just isolated to a few countries. This is truly a global phenomenon.

Over the past few years, the Federal Reserve and other global central banks have inflated an unprecedented financial bubble with their reckless money printing. Much of this "hot money" poured into emerging markets all over the world. But now that the Federal Reserve has begun "tapering" quantitative easing, investors are taking this as a sign that the party is ending. Money is being pulled out of emerging markets all over the globe at a staggering pace and this is creating a tremendous amount of financial instability. In addition, the economic problems that have been steadily growing over the past few years in established economies throughout Europe and Asia just continue to escalate. The following are 20 signs that the global economic crisis is starting to catch fire...

#1 The unemployment rate in Greece has hit a brand new record high of 28 percent.

#2 The youth unemployment rate in Greece has hit a brand new record high of 64.1 percent.

#3 The percentage of bad loans in Italy is at an all-time record high.

#4 Italian industrial output declined again in December, and the Italian government is on the verge of collapse.

#5 The number of jobseekers in France has risen for 30 of the last 32 months, and at this point it has climbed to a new all-time record high.

#6 The total number of business failures in France in 2013 was even higher than in any year during the last financial crisis.

#7 It is being projected that housing prices in Spain will fall another 10 to 15 percent as their economic depression deepens.

#8 The economic and political turmoil in Turkey is spinning out of control. The government has resorted to blasting protesters with pepper spray and water cannons in a desperate attempt to restore order.

#9 It is being estimated that the inflation rate in Argentina is now over 40 percent, and the peso is absolutely collapsing.

#10 Gangs of armed bandits are roaming the streets in Venezuela as the economic chaos in that troubled nation continues to escalate.

#11 China appears to be very serious about deleveraging. The deflationary effects of this are going to be felt all over the planet. The following is an excerpt from Ambrose Evans-Pritchard's recent article entitled "World asleep as China tightens deflationary vice"...

China's Xi Jinping has cast the die. After weighing up the unappetising choice before him for a year, he has picked the lesser of two poisons.

The balance of evidence is that most powerful Chinese leader since Mao Zedong aims to prick China's $24 trillion credit bubble early in his 10-year term, rather than putting off the day of reckoning for yet another cycle.

This may be well-advised for China, but the rest of the world seems remarkably nonchalant over the implications.

#12 There was a significant debt default by a coal company in China last Friday...

A high-yield investment product backed by a loan to a debt-ridden coal company failed to repay investors when it matured last Friday, state media reported on Wednesday, in the latest sign of financial stress in China's shadow bank sector.

#13 Japan's Nikkei stock index has already fallen by 14 percent so far in 2014. That is a massive decline in just a month and a half.

#14 Ukraine continues to fall apart financially...

The worsening political and economic circumstances in Ukraine has prompted the Fitch Ratings agency to downgrade Ukrainian debt from B to a pre–default level CCC. This is lower than Greece, and Fitch warns of future financial instability.

#15 The unemployment rate in Australia has risen to the highest level in more than 10 years.

#16 The central bank of India is in a panic over the way that Federal Reserve tapering is effecting their financial system.

#17 The effects of Federal Reserve tapering are also being felt in Thailand...

In the wake of the US Federal Reserve tapering, emerging economies with deteriorating macroeconomic figures or visible political instability are being punished by skittish markets. Thailand is drifting towards both these tendencies.

#18 One of Ghana's most prominent economists says that the economy of Ghana will crash by June if something dramatic is not done.

#19 Yet another banker has mysteriously died during the prime years of his life. That makes five "suspicious banker deaths" in just the past two weeks alone.

#20 The behavior of the U.S. stock market continues to parallel the behavior of the U.S. stock market in 1929.

Yes, things don't look good right now, but it is important to keep in mind that this is just the beginning.

This is just the leading edge of the next great financial storm.

The next two years (2014 and 2015) are going to represent a major "turning point" for the global economy. By the end of 2015, things are going to look far different than they do today.

None of the problems that caused the last financial crisis have been fixed. Global debt levels have grown by 30 percent since the last financial crisis, and the too big to fail banks in the United States are 37 percent larger than they were back then and their behavior has become even more reckless than before.

As a result, we are going to get to go through another "2008-style crisis", but I believe that this next wave is going to be even worse than the previous one.

So hold on tight and get ready. We are going to be in for quite a bumpy ride.

Get my new book about the future of America: The Beginning of the End.


TOPICS: Business/Economy; Conspiracy; Government; Miscellaneous
KEYWORDS: collapse; debt; debtcrisis; default; globalcrisis; globaleconomy

1 posted on 02/14/2014 7:46:25 PM PST by Tolerance Sucks Rocks
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To: Kartographer; Marcella; blam; JRandomFreeper; null and void; Lazamataz

OH, SH*T!


2 posted on 02/14/2014 7:47:00 PM PST by Tolerance Sucks Rocks (Colorado: the Maryland of the Mountain West)
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To: Tolerance Sucks Rocks
Got a garden?

/johnny

3 posted on 02/14/2014 7:53:04 PM PST by JRandomFreeper (Gone Galt)
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To: Tolerance Sucks Rocks

It’s interesting that the state department has said NOTHING on the complete overthrow of democracy in Venezuela. Maduro has ordered all his opposition arrested and appointed himself dictator. Obama silent because he’s a fellow Marxist.


4 posted on 02/14/2014 7:56:33 PM PST by Viennacon
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To: Tolerance Sucks Rocks

Anybody else feel a nice big war coming? Last time this happened was the Depression, took a few years for it to start but now in a world run by machines it could come much faster. Time honored cure all for the problems caused by corrupt bankers and governments, wipe the slate clean and get a few tens of millions killed, just part of doing corrupt business.


5 posted on 02/14/2014 8:02:34 PM PST by Foundahardheadedwoman (God don't have a statute of limitations)
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To: Tolerance Sucks Rocks

It’s only SHTF for developed nations, and those emerging markets that rely on investment rather than production to fuel growth.

China is fine. Russia is fine. Chile and Uruguay are probably OK. Mexico is on the upswing. Iceland has exited the Bankstersphere and is doing well.

The Anglosphere is FUBAR. The EEU is FUBAR. Everywhere in South and Central America outside of Chile and Uruguay is FUBAR. India might be FUBAR. South Africa is FUBAR. The rest of Africa has been FUBAR since before Strom Thurmond took office, but parts of it might be looking up. The middle-east has always been, and will always be a special brand of FUBAR.

Did I miss anyone?


6 posted on 02/14/2014 8:05:09 PM PST by CowboyJay (Cruz'-ing in 2016!)
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To: Foundahardheadedwoman

“Last time this happened was the Depression”

Pretty much the same causes now. 1/2 of the labor force was rendered obsolete. If history has taught us anything, it should be that large masses of people with nothing but time on their hands tend to cause problems.


7 posted on 02/14/2014 8:07:38 PM PST by CowboyJay (Cruz'-ing in 2016!)
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To: Tolerance Sucks Rocks

Those banker deaths are fascinating.


8 posted on 02/14/2014 8:08:25 PM PST by MarMema ("If Americans really wanted Obamacare, you wouldn't need a law to make them buy it." Ted Cruz)
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To: Tolerance Sucks Rocks

So your new book will solve everything, or you just want to make some money before the world economy collapses?


9 posted on 02/14/2014 8:13:09 PM PST by Fungi
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To: Tolerance Sucks Rocks

Well, hell. Before I read this I was only slightly depressed.


10 posted on 02/14/2014 8:14:34 PM PST by ChildOfThe60s ((If you can remember the 60s.....you weren't really there)
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To: Foundahardheadedwoman
The problem is that we may be headed for a perfect repeat of the 1930's: severe economic malaise plus increased political extremism that only has one ugly result: a general world war. And we still have several thousand operational nuclear weapons, many of which will hit their targets within 30 minutes of the order to use these weapons.

Will we be living in a situation where we're getting economic growth from 2020 on under the shadow of 35-40% of the human race wiped out by world war?

11 posted on 02/14/2014 8:21:15 PM PST by RayChuang88 (FairTax: America's economic cure)
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To: Tolerance Sucks Rocks

Those 20 items are minor events.


12 posted on 02/14/2014 8:25:39 PM PST by Southack (The one thing preppers need from the 1st World? http://tinyurl.com/ktfwljc .)
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To: RayChuang88

Looks like the investment opportunity of the future might be in hazmat clean up. Anybody think this saber rattling is not a concerted effort by the corrupt that have put us in this situation to clean the slate with war? Anybody think these people are not capable of it?


13 posted on 02/14/2014 8:28:32 PM PST by Foundahardheadedwoman (God don't have a statute of limitations)
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To: CowboyJay

I would be careful, because there are off shore banking, swaps, derivatives and etc etc that is not on the books. Experts estimate the world has about $ 1.500 quadrillion (1000 trillions) of these invisible interlocking debts. If it implodes because other economies are imploding or US interest rates are increasing (rumor has it that the Feds must find a way to prevent the 10 year T bond yields to exceed 3 percent or it will unhinge the interest rate swaps that the US has with other banks in the world. Just to give you an idea of scale, the US economy is 17 trillion, add the world economy to the US economy it becomes 65 trillion. The US debt is 16 trillion, plus 70 trillion in unfunded liabilities plus 30 trillion in unseen deals made by the Fed Reserve with foreign banks, deals backed by the US Treasury (ala US taxpayers). Worst case US debt is about equal to the entire global GDP times 2. Off shore derivatives and other exotic vehicles is $ 1500 trillion. IMHO when the world interlocking scheme and attempt to preserve the world reserve currency (US dollar) falls apart the nations of the world will come up with a new world currency backed by a basket of hard assets. This is why China and Russia is buying gold even when the price of gold drops in US dollars. China is hedging her bets to cover potential loss in the $ 1 trillion worth of US T bonds she had invested in. China cannot dump the US T bills without injuring her economy, but she cannot sit by as the US gov keeps piling debt on debt till the dollar implodes. China and Russia has a plan, do we FR and Tea Party members have a plan for self and family when banks are closed and the Fed Gov is forced to reset the US dollar.


14 posted on 02/14/2014 8:33:29 PM PST by Fee ( Big Gov and Big Business are Enemies of America)
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To: Southack

China just outpaced India as the world’s largest buyer of gold. Oil just busted thru 100/bucks again. Iran has decided to help patrol our coastal waters. Don’t worry about the small stuff and its all small stuff, you think?


15 posted on 02/14/2014 8:33:37 PM PST by Foundahardheadedwoman (God don't have a statute of limitations)
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To: Tolerance Sucks Rocks

“OH, SH*T!”

Don’t get upset, buy another bag of died bean soup mix and a box of instant rice - repeat every time you go to the grocery. If you don’t have a Big Berky water purifier, get one. Then, don’t worry, be happy :o).


16 posted on 02/14/2014 8:56:36 PM PST by Marcella ((Prepping can save your life today. I am a Christian, not a Muslim.))
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To: JRandomFreeper

I’d have to spend a year breaking up all the rocks in my soil just to grow one.


17 posted on 02/14/2014 9:12:27 PM PST by Tolerance Sucks Rocks (Colorado: the Maryland of the Mountain West)
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To: MarMema

In a what-did-they-know-that-we-don’t sort of way.


18 posted on 02/14/2014 9:14:43 PM PST by Tolerance Sucks Rocks (Colorado: the Maryland of the Mountain West)
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To: Fungi

I only posted the article; I did not write it.


19 posted on 02/14/2014 9:15:07 PM PST by Tolerance Sucks Rocks (Colorado: the Maryland of the Mountain West)
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To: Tolerance Sucks Rocks

bkmk


20 posted on 02/14/2014 9:16:55 PM PST by AllAmericanGirl44
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To: Tolerance Sucks Rocks

OBAMA!!! YES WE CAN!!! Just tax the wealthiest. Just pass amnesty. Just take over the medical industry. Just end the wars. Just give a little more power to government. Just squeeze that turnip a little more. Obama will protect us and lead the world through the darkness brought by individual liberty and capitalism.

Doesn’t everyone take $4,000,000 vacations and wear $12,000 dresses?


21 posted on 02/14/2014 9:36:07 PM PST by Organic Panic
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To: Tolerance Sucks Rocks; appalachian_dweller; OldPossum; DuncanWaring; VirginiaMom; CodeToad; ...

Preppers’ PING!!


22 posted on 02/14/2014 9:41:41 PM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: Tolerance Sucks Rocks

One very needed preperation is to have a garden, and knowledge/experience on how to grow a complete diet for yourself and your family.

If things are as bad as everyone says, your food stocks will need replenishing long before this is over.


23 posted on 02/14/2014 9:56:45 PM PST by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: Fee

I can’t buy gold, but silver should work too. Main thing is to have shelter, water, food, medicine, ammo, barter items, and a garden.


24 posted on 02/14/2014 10:02:24 PM PST by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: Tolerance Sucks Rocks

Better get busy making some raised beds.


25 posted on 02/14/2014 10:03:35 PM PST by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: Organic Panic

Did the seas levels respond yet, or are they still the same?


26 posted on 02/14/2014 10:05:04 PM PST by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: Fee

I guess what I’m trying to say is that if there’s a major economic/currency reset, Russia will still have oil and gas, China will still have 1/2 of the world’s industrial capacity, and they’ll still get most of their copper from Chile.

Things might not exactly be comfortable in those places, but it’s going to be paradise compared to what would happen here. We barely even feed ourselves at this point.


27 posted on 02/14/2014 11:43:05 PM PST by CowboyJay (Cruz'-ing in 2016!)
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To: CowboyJay
You forget that the USA also has access--especially now with modern extraction technology--to huge reserves of oil and natural gas, too. And unlike Russia, we have the infrastructure in place to ship the oil and natural gas to refineries, thanks to the best freight railroad infrastructure on Earth.

And the USA is sitting on the world's largest known supply of thorium-232, a nuclear element that we now know can be used as a nuclear fuel for a new, very safe nuclear reactor called the molten salt reactor (MSR). We have enough to generate electricity via MSR's the equivalent to the entire electrical output of the USA for several thousand years.

28 posted on 02/15/2014 12:23:52 AM PST by RayChuang88 (FairTax: America's economic cure)
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To: Tolerance Sucks Rocks
"#17 The effects of Federal Reserve tapering are also being felt in Thailand..."

Thailand...?

29 posted on 02/15/2014 12:25:56 AM PST by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: Tolerance Sucks Rocks

A lot of people worldwide have been freed from job lock. Imagine the size of the global economic boom that will produce if Obama’s democrats are right for the first time in their lives.


30 posted on 02/15/2014 3:44:36 AM PST by Pollster1 ("Shall not be infringed" is unambiguous.)
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To: Tolerance Sucks Rocks

Notice that leaders of the decline are the countries with Socialis t governments. The result will be either a drastic cut back in entitlement spending or revolution....... or perhaps both


31 posted on 02/15/2014 3:56:22 AM PST by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: CowboyJay

“China is fine. Russia is fine”

Fine? Both of those countries are on the edge. China’s economy is a house of cards. If we quit spending they collapse.

Russia is dependent on oil, thats ALL they have. They’ll certainly go too.


32 posted on 02/15/2014 4:12:46 AM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Tolerance Sucks Rocks

A quick word about “economic collapse” disaster porn:

The collapse is baked in. Nothing can stop it now. Just as you could still go out to eat and catch a show in Berlin with the Red Army in East Prussia, so too can we pretend - but the die is cast.

What bugs me to no end is the “it’s the end of everything” rhetoric. Go watch “Downfall” and then grab a Google Earth view of the Potsdamer Platz in 2014.

It’s the end of a lot of things, for certain - but most of them are bad. What will be left are 1) Americans, and 2) A continent composed of arable land and abundant natural resources.

Cheer up. The best is yet to come.


33 posted on 02/15/2014 4:18:57 AM PST by Jim Noble (When strong, avoid them. Attack their weaknesses. Emerge to their surprise. E)
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To: Jim Noble

“What will be left are 1) Americans, and 2) A continent composed of arable land and abundant natural resources.

Cheer up. The best is yet to come.”

Agreed! Now, we just have to dispose of a lot of politicians and we’ll be just fine!

For as much as this stuff unnerves me, planning ahead and knowing the basics and knowing a few local Americans that can, and WILL, pull a plow is comforting. :)


34 posted on 02/15/2014 6:45:19 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: Marcella

I read a lot. A whole lot. Naysayers abound. I remember pre-Y2K. Some yahoo on the radio kept preaching doom and gloom situations. Of course he was selling all the items to overcome the doom and gloom situations. My DW was becoming too interested in what he was selling. I told her that most of the people who made those predictions had something to sell. She finally saw the light.
What I am reading now are simply opinions, and of course we know what opinions are like. I don’t have a lot of book learning, and there are many things I just do not understand. I wonder a lot, but......
We are pretty well set up here. I still need to get a couple of buckets and a set of Berkeys. I’m not worried. I’ve lived a good life. “Regrets, I have a few, but then again, too few to mention”, and my personal theme song by Hank Jr., “I can skin a buck, I can run a trot line, and a country boy will survive.”
Well, I just used my last K-cup. Gotta drive 14 miles to the store. Ya’ll have a good one.


35 posted on 02/15/2014 6:46:23 AM PST by Rannug
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To: Tolerance Sucks Rocks

Bkmk


36 posted on 02/15/2014 7:01:27 AM PST by Faith65 (Jesus Christ is my Lord and Savior!)
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To: greeneyes

Good luck with feeding yourself from a small garden. I have a bit of a green thumb. Planted 20 shallots in a grow box just for a test. Got 37 shallots back. At the rate wife uses shallots, I would have needed a dozen grow boxes.

I love having a few tomatoe and bell pepper plants, maybe an eggplant or two, a couple of squash, a scattering of lettuce for the few months it will grow withouth bolting. But anyone that thinks they can grow their own food without acreage available is nuts!

If you think the SWHTF, stock up on freeze dried, etc.
Plan on snacking on the occasional liberal or looter.


37 posted on 02/15/2014 7:32:15 AM PST by Gadsden1st
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To: Rannug; Kartographer; greeneyes

“What I am reading now are simply opinions, and of course we know what opinions are like...”

There are facts that banks are failing and countries are failing. It’s a fact this country cannot pay its debt, and is only paying the interest on this debt and this debt is over 70% of our GNP. Opinions are what this means in terms of will our country fail and if so, when. My opinion is we won’t recognize this country as it used to be by the end of this year. People are already saying the country is not like it was a few years ago and this will keep happening.

I believe most people have already had to adjust their standard of living downward bit by bit. Such as, “I can buy a cheaper cut of meat”, I can move the thermostat up some in summer so the electric bill isn’t so high”, “Maybe “x” isn’t so bad so I won’t go to the doctor about “x””, etc.. These adjustments keep happening as we slide further into the abyss.

I don’t let this disturb me because I made preparations, I call it insurance, to ensure I will still have most of my standard of living no matter what happens. I’m also learning to grow food plants from seed. The food I grow is pure food grown without chemicals, not handled by anyone else, not shipped across the country to get to me, and I grow what I want to eat, not what is left in the produce section of a grocery store if produce stops being delivered to the store.

A person right now can make choices to become independent so he/she doesn’t have to depend on others to live.


38 posted on 02/15/2014 7:32:41 AM PST by Marcella ((Prepping can save your life today. I am a Christian, not a Muslim.))
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To: Gadsden1st

“Good luck with feeding yourself from a small garden. But anyone that thinks they can grow their own food without acreage available is nuts!”

It’s not a choice between growing fresh food or buying stored long term food. Do both. A garden of any size is a fresh food addition to the stored long term food. Growing sprouts is another method of having fresh food to accompany long term stored food.


39 posted on 02/15/2014 7:41:28 AM PST by Marcella ((Prepping can save your life today. I am a Christian, not a Muslim.))
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To: Marcella

Heard a new term. Airponics knda like hydroponics but it without the soil. Simply spray the plant very frequently with water and fertilizer mix. Done right the growth rate is much faster then traditional soil.


40 posted on 02/15/2014 8:25:12 AM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Viennacon; Foundahardheadedwoman
just open up your eyes and look around. I know that most Americans tend to ignore what happens in the rest of the world because they consider it to be "irrelevant" to their daily lives

It's also interesting that none of this is being shown on the evening news. Even if eyes are open, many Americans are clueless when they leave their news in the hands of the biased msm. Yes, war is coming, that's another thing many Americans are in the dark about.

41 posted on 02/15/2014 8:50:12 AM PST by bgill
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To: Tolerance Sucks Rocks
People need to understand, Level of Industrial Automation - Unemployment - Recession _ Immigration _ Job Export, are all direct related.
Some informed in the Automation systems business estimate in in a few decades, only 20% of an able human being is needed to work due to Xfer of Tasks to the ""Machine"".
In the Press they call it chronic unemployment, better is perhaps, machine displaced, so go play tennis or drink a beer in the local bar, you will never have a Job again.
The old saying, that they have to get re-educated or get a College degree, and then they will find higher jobs to build or maintain or supervise the machine is obsolete. It takes only a hand full of people to do that Job.

There are a lot of Jobs left that automation can not do, but you don't need special qualification for that, Labor only, so now we understand cheap labor {import immigrants or export tasks to Countries with cheap Labor - same thing, different location)
The only resolution will be a drastic re-thinking of the Monetary distribution system.(Society as we know it}
Of course this sounds all Soci/Commi like, but this is not the intend here. As much as we like to hear it , History Does Not repeat itself.
42 posted on 02/15/2014 8:51:15 AM PST by Koracan
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To: Tolerance Sucks Rocks

Hydroponics/aqua-phonics are two methods that will over come rocks. Bales of hay will also serve as a growing medium for many plants, especially potatoes.


43 posted on 02/15/2014 8:55:16 AM PST by rw4site (Little men want Big Government!)
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To: Tolerance Sucks Rocks

Don’t worry about it. SHTF will give you more free time to write poetry and work on your music.


44 posted on 02/15/2014 8:59:34 AM PST by Starstruck (If my reply offends, you probably don't understand sarcasm or criticism...or do.)
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To: bgill

Without some basic idea of history a lot of people will never see it coming, sad thing is they don’t want to know. Might interfere with their football game.

I was in sales for to many years, had a customer who when asked a closing question, did not respond. I was baffled, this had gone on for an hour until I noticed he had broke into a sweat, veins on his head stood out, and he asked for an aspirin. While I went to get the aspirin it occurred to me that he could not answer, he could not make a decision. I gave him the aspirin and some water and gave him a minute and turned the papers and said, Sign here, here, and here. He did and was again the man I had started talking to.

I had never assumed a close before, it had never occurred to me that it could or would work. This was over twenty years ago and I have often wondered how many people are out there who are incapable of making any kind of decision and how did they become that way. This guy was otherwise sane, at least it appeared that way to me.

Maybe there a millions like him that cannot think for themselves, frozen when they even try to make a decision. Maybe the zombies are already here and I just didn’t know it. Maybe I am one of them cause I didn’t realize they were among us, I was waiting for somebody to tell me.


45 posted on 02/15/2014 9:28:20 AM PST by Foundahardheadedwoman (God don't have a statute of limitations)
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To: Starstruck

Yes, I know, that’s what the Democrats told me.


46 posted on 02/15/2014 7:07:04 PM PST by Tolerance Sucks Rocks (Colorado: the Maryland of the Mountain West)
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To: Tolerance Sucks Rocks

Did you hear that one of the bankers did “suicide” by nail gun? Shot himself about 8 times in the chest and 7 times in the head. With a nail gun.


47 posted on 02/15/2014 7:37:37 PM PST by SisterK (behold a pale horse)
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To: Foundahardheadedwoman

My dad is among those who can’t make a decision to save their lives. He truly believes that decisiveness is unthinkably rude. I have to work very hard sometimes not to fall back into that.

Once he told me about the restaurant he often stops at for lunch. They had a new person working at the counter. He ordered the number meal he wanted, and she started asking about which bread he wanted, which cheese he wanted, sauce or no sauce? Lettuce? Tomato? What flavor chips? . . . . He froze solid. Then the manager came out, dragged the new girl to the back, and he could hear the manager telling her “That’s (name)! You don’t ask what he wants, you just pick what you think he should eat and sell it to him!”


48 posted on 02/15/2014 11:26:05 PM PST by Ellendra ("Laws were most numerous when the Commonwealth was most corrupt." -Tacitus)
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To: Southack

A murder in Sarajevo in the summer of 1914 might have seemed a minor event, too.


49 posted on 02/16/2014 6:43:45 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: JRandomFreeper; All

I’ve got a small garden. But it’s not enough to feed my wife and I.

This guy mentions the 2008 dump and says nothing has been fixed. I’ve watched home prices go through the roof in Houston and the surrounding area. A neighborhood down the street that had new homes starting in the $180s are now in the $220s. The prices have gone up this much in the past two years. Another neighborhood that had homes starting at $220,000 has sold out in three years. The prices in the end were in the $340s.

New homes in my neighborhood have gone up about 15%. No builder seems to want to build anything under $150,000 and KB is not building many specs. They’re marketing a “build to order” campaign. Zillow shows the value of my home going up 8% since December. There is definitely a bubble being inflated that will burst.


50 posted on 02/16/2014 3:06:00 PM PST by VerySadAmerican (".....Barrack, and the horse Mohammed rode in on.")
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