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After the Collapse: Six Likely Events That Will Follow an Economic Crash
SHTFPlan ^ | January 20, 2014 | Mac Slavo

Posted on 01/21/2014 11:45:07 PM PST by 2ndDivisionVet

It’s not too difficult to understand that we are well on our way to a paradigm shift in America; in fact we’re in the midst of it right now. The writing is on the wall and can no longer be ignored.

The US government has run up trillions of dollars in debt, and given the recent debates over the country’s debt ceiling, we can rest assured that neither Congress or the President will act to curtail spending and balance the budget. We will continue adding trillions of dollars to the national debt clock until such time that our creditors no longer lend us money.

From the monetary side, the Federal Reserve’s response to this unprecedented crisis has been to simply “print” more money as is necessary. On top of the trillions in dollars already printed thus far, the Fed continues quantitative easing to the tune of about $80 billion per month. It’s the only arrow left in the Fed’s quiver, because failing to inject these billions into stock markets and banks will lead to an almost instant collapse of the U.S. financial system. Unfortunately, the current strategy is chock full of its own pitfalls, the least of which being the real possibility of a hyperinflationary environment developing over coming months and years.

On Main Street, average Americans have seen their wealth decimated. They’ve lost millions of jobs and homes over the course of the last five years. And if recent reports are any indication, the destruction of the middle class will continue unabated for years to come. The resulting effect is a vicious negative feedback loop that continues to build upon itself. Americans no longer have money (or credit) to spend to prop up the economy, thus more jobs will be lost, leading to more people requiring government assistance for everything from food to shelter.

We are, on every level, facing a collapse of unprecedented scale.

As noted by International Man Jeff Thomas of Casey Research, it’s not that difficult of an exercise to predict what’s coming next:

The number of people whose eyes have been opened seems to be growing, and many of them are asking what the collapse will look like as it unfolds. What will the symptoms be?

Well, the primary events are fairly predictable: they would include major collapses in the bond and stock markets and possible sudden deflation (primarily of assets), followed by dramatic inflation, if not hyperinflation (primarily of commodities), followed by a crash of several major currencies, particularly the euro and the US dollar.

We know a collapse is coming… If you’re paying attention you probably have the distinct feeling that we are in the middle of it right now. And guess what? The government and military know it’s coming too, as evidenced by large-scale simulations of exactly such an event and its fallout.

But the collapse of our financial system, or hyperinflation of our currency, or a meltdown in US Treasuries is only the beginning. We know some or all of these events are all but a foregone conclusion.

What we don’t know is the timing of the trigger event that causes the global panic to ensue and what will happen after these primary events take hold.

According to Jeff Thomas, while we can’t know for sure, the following “secondary events” are the most likely outcomes when the system as we have come to know it destabilizes.

The secondary events will be less certain, but likely: increased unemployment, currency controls, protective tariffs, severe depression, etc.

But, along the way, there will be numerous surprises—actions taken by governments that may be as unprecedented as they would be unlawful. Why? Because, again, such actions are the norm when a government finds itself losing its grip over the people it perceives as its minions. Here are a few:

◾Travel Restrictions. This will begin with restrictions on foreign travel, including suspension/removal of passports. (This has begun in a small way in both the EU and US.) Later, travel restrictions will be extended within the boundaries of countries (highway checkpoints, etc.)
◾Confiscation of wealth. The EU has instituted the confiscation of bank accounts, which can be expected to become an international form of governmental theft. This does not automatically mean that other assets, such as precious metals and real estate will also be confiscated, but it does mean that the barrier for confiscation has been eliminated. There is therefore no reason to assume that any asset is safe from any government that approves theft through bail-ins.
◾Food Shortages. The food industry operates on very small profit margins and survives only as a result of quick payment of invoices. With dramatic inflation, marginal businesses (suppliers, wholesalers, and retailers) will fall by the wayside. The percentage of failing businesses will be dependent upon the duration and severity of the inflationary trend.
◾Squatters Rebellions. A dramatic increase in the number of home and business foreclosures will result in homelessness for anyone whose debt exceeds his ability to pay—even those who presently appear to be well-off. As numbers rise significantly, a new homeless class will be created amongst the former middle class. As they become more numerous, large scale ownership of property may give way to large scale “possession” of property.
◾Riots. These will likely happen spontaneously due to the above conditions, but if not, governments will create them to justify their desire for greater control of the masses.
◾Martial Law. The US has already prepared for this, with the passing of the 2012 National Defense Authorization Act (NDAA), which many interpret as declaring the US to be a “battlefield.” The NDAA allows the suspension of habeas corpus, indefinite detention, and the assumption that any resident may be considered an enemy combatant. Similar legislation may be expected in other countries that perceive martial law as a solution to civil unrest.

The above list is purposely brief—a sampling of eventualities that, should they occur, will almost definitely come unannounced. As the decline unfolds, they will surely happen with greater frequency.

Full article at Casey Research via The Daily Crux.

We could go point by point on this list and provide a plethora of evidence to validate Jeff’s claims, but that would take pages upon pages of references.

The fact is that the US government, for the last decade, has been moving increasingly closer to what can only be described as a police state. With watch lists, militarized police departments, legislative actions, and executive orders the government has already set the stage for these secondary events.

When the system itself is no longer able to support the tens of millions of Americans receiving monthly government assistance, one hiccup could set the whole thing ablaze.

While it can’t be avoided on a national scale, there are advance preparations that individuals and their families can make to, at the very least, insulate themselves from the secondary event triggers. This includes storing essential physical goods and keeping them in your possession. Things like long-term food supplies, barterable goods, monetary goods, self defense armaments and having a well thought out preparedness plan will, if nothing else, provide you with the means necessary to stay out of the way it all hits the fan.


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Government
KEYWORDS: banglist; economiccollapse; economy; martiallaw; obama; prepping; prepppers; shtf
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1 posted on 01/21/2014 11:45:08 PM PST by 2ndDivisionVet
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To: 2ndDivisionVet

I think the search may still be broken. This was up earlier today along with the 37% story - I put up that story.

FYI


2 posted on 01/21/2014 11:50:44 PM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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To: F15Eagle
lol -
3 posted on 01/21/2014 11:52:44 PM PST by Liberty Valance (Keep a simple manner for a happy life :o)
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To: F15Eagle
Yep, 'cause you know I search titles before I post. It's part of my routine. If it had been some Muggles with a 2013 born-on date....
4 posted on 01/21/2014 11:53:24 PM PST by 2ndDivisionVet (Jealousy is when you count someone else's blessings instead of your own.)
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To: 2ndDivisionVet

Many good points, I know people who proclaim that Gold is the solution, or food stores for long term survival, etc. The bottom line is surviving intact is nearly impossible, ammo, firearms and food for the short run. Long term, who knows?


5 posted on 01/22/2014 12:15:20 AM PST by exnavy (Fish or cut bait ...Got ammo, Godspeed!)
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To: 2ndDivisionVet

In ref to the indefinite detention thing, I worked in a California prison for 25 years. I grew weary of seeing criminals get lots of good food, the best medical care money can buy and all brand name, expensive medications. If the government continues to give criminals the best, I can see where many people out there, starving to death on the streets, might rather be in prison. At least they will get food to eat. Now the other point. I hope, that when (not if) this all happens, I hope millions of people do that thing that Solzhenitsyn talked about, during the Soviet Communist era, that you like to post.


6 posted on 01/22/2014 12:16:11 AM PST by Mark17 (Chicago Blackhawks: Stanley Cup champions 2010, 2013. Vietnam Veteran, 70-71)
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To: Liberty Valance

uh oh ... lol


7 posted on 01/22/2014 12:25:14 AM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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To: 2ndDivisionVet

Yeah I figured


8 posted on 01/22/2014 12:26:00 AM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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To: 2ndDivisionVet

Question: has any other society as well armed as ours been pushed to SHTF?


9 posted on 01/22/2014 1:27:09 AM PST by 867V309 (I love potatoes-except, of course, Lena Dunham)
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To: 867V309

Not that I’m aware of.


10 posted on 01/22/2014 1:35:12 AM PST by 2ndDivisionVet (Jealousy is when you count someone else's blessings instead of your own.)
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To: 2ndDivisionVet
There's something in the air.
11 posted on 01/22/2014 1:59:44 AM PST by Bullish (America should yank Obama like a rotten tooth before he poisons the entire body)
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To: 867V309; F15Eagle; 2ndDivisionVet

I’m going to tend a garden and, hopefully, raise horses.

No way am I going to continue to live in a a housing association surrounded by Liberals. F*** them!


12 posted on 01/22/2014 2:00:01 AM PST by SatinDoll (A NATURAL BORN CITIZEN IS BORN IN THE USA OF USA CITIZEN PARENTS)
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To: 2ndDivisionVet

13 posted on 01/22/2014 2:05:00 AM PST by JoeProBono (SOME IMAGES MAY BE DISTURBING VIEWER DISCRETION IS ADVISED;-{)
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To: 2ndDivisionVet

It will not affect me until Social Security crashes, but other then that, I do not know what effect it will have on my life. If one lives in a country where they are depending on big stocks of guns and bullets, not to mention plenty of money, to save themselves and their family, it is all over but the shouting and shooting.
It is one thing to be at war with a foreign invader, but something entirely different to fight and shoot your fellow citizens.
I know that I would not want to be there without an escape plan with numerous options. One should make sure that they and every family member has a passport and travel/survival funds, even though they would be of no help if you wait too late to escape. Just ask survivors of the Holocaust.
That being said, America may survive the Obamination, but it will not likely return to be the America that we grew up in. GOD save America.


14 posted on 01/22/2014 2:19:17 AM PST by AlexW
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To: 2ndDivisionVet

When?


15 posted on 01/22/2014 2:24:30 AM PST by The_Media_never_lie (The media must be defeated any way it can be done.)
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To: The_Media_never_lie

That’s the $64,000 question, isn’t it?


16 posted on 01/22/2014 2:25:58 AM PST by 2ndDivisionVet (Jealousy is when you count someone else's blessings instead of your own.)
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To: 2ndDivisionVet

None of us will be unscathed by this.

But if we prepare ourselves with precious metals, food, water, medical supplies, back-up electricity generation and the means and will to defend our family and property - this will go a long way.

Assume that society is going to collapse in the next 30 days. Envisage it. Imagine it. Then prepare.

If society makes it to the end of the 30 days, bonus! You have more preparation time.


17 posted on 01/22/2014 3:13:27 AM PST by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
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To: 2ndDivisionVet

That puts us in uncharted territory.


18 posted on 01/22/2014 3:24:13 AM PST by 867V309 (I love potatoes-except, of course, Lena Dunham)
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To: The_Media_never_lie
When? ... Well, before the democrips criminal enterprise party loses power. The global oligarchs know that in America the people will tolerate just so much and then radical measures become attractive. The debt these democrips and republicants have accumulated TO THE PRIVATE BANKING GOONS known as 'the federal reserve' is now intolerable, looming over our grandchildren like a sharp guillotine blade, so the radical solution is to cancel the association with the fed and create a government backed economic system leaving the private banking bastards holding their promissory notes.

America can now sustain itself with fuel and food. The banking bastards cannot let that reality take hold in the peoples' psyche, so a reset will be instituted so that the bankers can finance the rebuilding after the riots, starvation, and chaos run their course. That's what the MRAPs stationed around the country are for, the restart.

19 posted on 01/22/2014 3:28:31 AM PST by MHGinTN (Being deceived can be cured.)
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To: exnavy

Never saw the need for gold. In the evnt the stated does happen a can of peas would be worth far more than an ounce of gold.


20 posted on 01/22/2014 3:36:24 AM PST by maddog55
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To: maddog55

Or an ounce of lead would be worth than a ton of peas. Who knows.


21 posted on 01/22/2014 3:40:52 AM PST by 867V309 (I love potatoes-except, of course, Lena Dunham)
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To: maddog55
Unless you possess every conceivable skill and resource (e.g. you are a midwife, plumber, electrician, doctor, gunsmith, farmer, butcher and hunter with many acres of arable land) you will at some stage need to trade for goods and services.

Money allows you to do that. Barter only allows you to do that if you have a coincidence of wants. Without the use of money this is a very rare thing.

22 posted on 01/22/2014 3:49:25 AM PST by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
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To: maddog55

Never saw the need for gold. In the evnt the stated does happen a can of peas would be worth far more than an ounce of gold.


Yes—concur 100%. At the end of the day, gold is an abstraction. Food is real.


23 posted on 01/22/2014 4:04:16 AM PST by rbg81
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To: 867V309

Ammo too.


24 posted on 01/22/2014 4:05:44 AM PST by rbg81
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To: maddog55
maddog55: here is an addendum to my previous post.

This is an attempt to explain why Gold and Silver are well worth buying to prepare for societal collapse. I use the example of an imaginary chicken farm.


Why is Money valuable? Because it allows for the "concidence of wants" without which trade is impossible.

Imagine that the dollar has finally collapsed and that we live in a Mad Max dystopian nightmare.

In the center of this brave new world you run a chicken farm (appropriately defended by traps, barbed wire and kick-ass FReepers with sniper rifles).

This month you have costs - you need to hire a guy to mend the generator and a midwife to help with your daughter's pregnancy. How are you going to pay them?

They have what you want - but do you have what they want?

Unless you have some money there is no "coincidence of wants".

The generator guy and the midwife have no use for a hundred chickens! They need to replace their working materials (bearings, WD 40, medical supplies, etc) and upkeep their cars by trading with people who live eighty miles away.

But if you have money you can trade with them.


Carrying on with the example of a chicken farm - it's market day. You have a hundred customers who want to buy what you've got - but do they have what you want?

Fifty of them have wheelbarrows of devalued fiat currency and bad attitudes. You don't want their bundles of useless scrip.

Forty of them will offer some form of barter: alcohol, batteries, hunks of homemade cheese, their young, nubile bodies, etc.

You are faced with the time and expense of evaluating forty different barter offers, many of which you will have absolutely no use for.

And ten customers offer you money: Gold and Silver. These are your favorite customers: their real money fulfills the requirement for a coincidence of wants. You can take what they offer you, and use it to buy the services of the midwife, the engineer, etc.


In summary: trade relies on the coincidence of wants, which itself relies on money.

At the moment we can still use fiat currencies for trade, because fiat still (sort of) works like money. But we won't be doing that when we've passed into Zimbabwe mode.

Hope this was helpful.

25 posted on 01/22/2014 4:12:12 AM PST by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
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To: F15Eagle

The government has been cooking the books Enron style. We know their figures off vecause we’re out here in the field and it sure doesnt look like only 6.7 employment. I know more people laid off or had their hours cut than peoplewho are employed andearning awage that actually allws them to be self-ufficient and live on their own. More people have moved in together just to survive than any other time I’veever known during my lifetime. I also have talked to a significant number of people tgat have had to burn through their savings because of lack of work and the price ofeverything going up; just talked to another one yesterday.


26 posted on 01/22/2014 4:19:03 AM PST by jsanders2001
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To: agere_contra

Disagree with all those on the gold/money if there is an economic collapse which in turn causes a societal collapse. People survived for thousands of years without money, people live in remote areas all over today without money. I can hunt, I can fish, I can build a shelter, keep my vehicle running, generator running both of which are useless without fuel which will eventually run out or be very scarce.

Money is good in a civilized world but not in a society that has collapsed. You barter and you trade services hopefully with armed support because when “they” have received what they need they don’t need you anymore.

Market Day? Really where are you planning on surviving? In a societal collapse there are no rules, there are no laws. If you live in a city if you offer gold for services, you’ll be shot and they’ll take your gold. You bring a chicken in where people are hungry, they’ll take it. People will kill for and take what they want.

After the collapse, if you happen to live through it and some communities start to emerge that have the means to protect themselves then money of some sort may start to mean something.

I’ll take my guns, fishing rods, food and know how up in the mountains over money any day in that scenario. A 5th of Jack Daniel’s would be worth more to many vice an ounce of gold.


27 posted on 01/22/2014 5:01:27 AM PST by maddog55
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To: SatinDoll

Lots of places in America you can do that too. Depending on what you’re looking for exurbia can be a very nice place to live.


28 posted on 01/22/2014 5:12:43 AM PST by MSF BU (n)
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To: maddog55

Your whole reply was belligerent and confused.

So ... you admit that if you can protect yourself (and your property) then money is important?

I made it perfectly clear that the chicken farm is defended. Did you miss that part?

Ah well: perhaps spending a month queuing up to buy chicken-meat with some dingy bottles of Jack Daniels will cure you of your uncomprehending bellicosity. You’ll be at the back of the queue, Maddog.


29 posted on 01/22/2014 5:20:26 AM PST by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
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To: agere_contra

belligerent and confused? Nah.. I have my shxt together and will survive just fine. We simply have different views.

Money is important in a civilized society and how much you have puts you in a certain class with other folks who have the same but it doesn’t matter in an uncivilized society where everyone is dependent upon their skills not their worth.

As for property it’s where you are at the moment in a collapsed society because you own nothing. If you create something good others will want it.

Protecting a Chicken farm is one thing but bringing them to a market in a collapsed society is suicide. I thought I made that clear. People will kill for food and that would happen in a matter of a few weeks once the stores are empty.

Sit on your gold and have fun with the chickens. In some societies I hear they have dual purpose.

I’ll take a deer steak any day with a good brook trout, potatoes or carrots and some ice cold spring water where ever I’m at.


30 posted on 01/22/2014 5:55:47 AM PST by maddog55
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To: JoeProBono

Man alive! Where kin I git me one o’ them thangs! I kin raise maybe two grand if I sell everthang I got, izzat enuff?


31 posted on 01/22/2014 6:18:04 AM PST by RipSawyer (The TREE currently falling on you actually IS worse than a Bush.)
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To: AlexW

The America that I grew up in was long gone before I ever heard of Saint Whozat of the untraceable origins. I knew it was over when I was in the big box store one day and noticed a young woman and paused to try to figure out what it was about her that I found so captivating. I suddenly realized that it was not her beauty, she was very nice looking but not a show stopper, what really struck me is that she looked like all young ladies used to look in public. Well dressed, well groomed with sensible, well coordinated clothes, NO TATTOOS, NO PIERCINGS, NONE OF THAT AWFUL STUFF THAT MAKES ME WANT TO SCREAM WHEN I SEE IT. I would have stopped her and told her how great she looked but I figured she would think I was a dirty old man even though I had showered an hour earlier8>)


32 posted on 01/22/2014 6:27:29 AM PST by RipSawyer (The TREE currently falling on you actually IS worse than a Bush.)
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To: RipSawyer

;-{)


33 posted on 01/22/2014 6:28:39 AM PST by JoeProBono (SOME IMAGES MAY BE DISTURBING VIEWER DISCRETION IS ADVISED;-{)
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To: AlexW

The America that I grew up in was long gone before I ever heard of Saint Whozat of the untraceable origins. I knew it was over when I was in the big box store one day and noticed a young woman and paused to try to figure out what it was about her that I found so captivating. I suddenly realized that it was not her beauty, she was very nice looking but not a show stopper, what really struck me is that she looked like all young ladies used to look in public. Well dressed, well groomed with sensible, well coordinated clothes, NO TATTOOS, NO PIERCINGS, NONE OF THAT AWFUL STUFF THAT MAKES ME WANT TO SCREAM WHEN I SEE IT. I would have stopped her and told her how great she looked but I figured she would think I was a dirty old man even though I had showered an hour earlier8>)


34 posted on 01/22/2014 6:32:06 AM PST by RipSawyer (The TREE currently falling on you actually IS worse than a Bush.)
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To: agere_contra

You are thinking in a civil manner when it comes to trade and gold. If we experience a real collapse soon, “precious metal” will become useless. I could get lots of gold for a simple bic lighter but that gold will be worthless to me so I will be trading for something else I can USE. I am certain you have read One Year In Hell; the author patently states “money” became worthless. No one is going to care about your gold but you. I think you are going to be very shocked when this goes down as their won’t be a “civilization” left to even consider what gold is worth at that point.


35 posted on 01/22/2014 6:55:21 AM PST by Ghost of SVR4 (So many are so hopelessly dependent on the government that they will fight to protect it.)
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To: maddog55
but bringing them to a market in a collapsed society is suicide.

Why would I be bringing chickens to market? This is a wholesale operation. The market is where the chickens are.

But for those who are trying to sell stuff retail: we have examples from recent history (Bosnia for instance) where society collapsed.

People traded like wildfire. You could get anything: guns, pianos, wedding dresses. Markets (and the approaches to them) became heavily defended, and anyone who tried even the smallest theft was killed without recourse to law.

That's the thing. We imagine a lawless society - but we forget that a society where people must trade to survive will enforce laws-of-property with a trigger-pull and a shovel.

Hope this was helpful.

36 posted on 01/22/2014 7:02:18 AM PST by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
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To: agere_contra

Outstanding job. Money’s been around for a long time for a reason. You nailed it.


37 posted on 01/22/2014 7:06:21 AM PST by RinaseaofDs
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To: Ghost of SVR4
The key lesson from One Year in Hell is that events in a city under seige are different from those in more general societal collapses.

We are headed for a societal collapse due to a collapse of fiat currency.

You could also imagine societal collapse due to a large-scale military seige (One Year in Hell), or tribal genocide (Rwanda), or meteor strike, plague etc.

But this will be the most enormous currency collapse in the history of the world.

It will be like Argentina, but world-wide AND (unlike Argentina) with Gold and Silver being recognized as the only true forms of money. For 6 billion people.

Sure - some people in inner cities will find themselves in scenes resembling a full-blown Zombie apocalypse.

But the general experience will be closer to Argentina. Lawlessness will rise, kidnapping will become endemic, no-one will go on unnecessary journeys - and Gold will be king.

Hope this was helpful.

38 posted on 01/22/2014 7:13:56 AM PST by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
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To: Ghost of SVR4

You and I are on the same page...

Bic lighter is a good example. Cold day and I’m sitting by a nice fire eating some nice deer steaks. I have several Bic lighters and this guy comes up and offers to buy a lighter and offers gold because he needs one and it’s cold out. If he’d offered a couple cords of wood or offered to collect some for me he’d get a lighter... probably to use or I’d let hit take some fire coals home to start a fire. I’d look around and I’d see no need for coins or a rock.

Stop by and we’ll enjoy a deer steak and reminisce about this guy we knew that froze to death while trying to eat gold.


39 posted on 01/22/2014 8:16:23 AM PST by maddog55
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To: maddog55
I don't think people will be trying to buy lighters off strangers in the woods.

Before they wander off into the woods without a fire-making tool they might stop and think about the dangers of exposure: then come and buy one of the hundreds of lighters I have in my prep store.

And perhaps one of my wire-saws and some PJ tinder. And - under the "one is none" rule when it comes to fire-making, a Swedish fire-steel.

If he stops to reminisce, I might tell him about the guy who's happy to trade lighters for wood while he's sitting in a deer forest.

40 posted on 01/22/2014 8:37:09 AM PST by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
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To: RinaseaofDs; agere_contra
I agree. There seems to be a great deal of dystopian fantasy in the anti-bullion crowd. Markets and trade will reform even in the worst case scenario. Barter may be important in the short term, but is impractical for even a minimum of societal recovery.

If someone contracts me to bring back up their power system, I am not going to take Bic Lighters or chickens. They better have gold and silver bullion at a minimum. The Dentist I go to afterwards will also laugh when I offer to pay in Bic Lighters and chickens. You can be assured gold and silver will get that tooth fixed.

I am also certain that Banks will also reopen with either local or regional script backed by gold and silver deposits. Let's hope this time, we are very unyielding on fractionalization of the new currency.
41 posted on 01/22/2014 9:24:21 AM PST by PA Engineer (Liberate America from the Occupation Media.)
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To: PA Engineer

Good post!

I suppose we could use debit cards that transfer the ownership of some decimal number of grams of Gold or Silver in our bullion account to our dentist’s account.

The technology is all there - but of course we’d still be relying on the integrity of the daily audit of the private vault(s) where we kept our stuff.


42 posted on 01/22/2014 9:42:22 AM PST by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
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To: 2ndDivisionVet
Confiscation of wealth. The EU has instituted the confiscation of bank accounts, which can be expected to become an international form of governmental theft. This does not automatically mean that other assets, such as precious metals and real estate will also be confiscated, but it does mean that the barrier for confiscation has been eliminated. There is therefore no reason to assume that any asset is safe from any government that approves theft through bail-ins.

They’ve already signaled this:

IMF Paper: Debt-Ridden Western Nations May Resort to ‘Financial Repression’
http://www.cnsnews.com/news/article/barbara-hollingsworth/imf-paper-debt-ridden-western-nations-may-resort-financial
(CNSNews.com) – The highest debt-to-GDP levels in 200 years could force advanced Western nations to adopt “financial repression” measures typically reserved for economically unstable debtor nations, including mass write-offs and a tax on savings, warns a working paper published last week by the International Monetary Fund (IMF).

43 posted on 01/22/2014 10:07:14 AM PST by Voice of Reason88 ( Freedom is never lost all at once - Edmund Burke)
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To: Voice of Reason88

The lesson of Cyprus is that - as far as possible - nothing whatever should be left in any bank.

The most vicious enemy we’ll face as we pass into this new world will be the increasingly lawless and desperate Government.

And at least half of the population will always be on the Government’s side - eager to take whatever ‘the rich people’ have.


44 posted on 01/22/2014 10:19:09 AM PST by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
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To: 867V309

The Nation will swing left—to the point of Communism, then violence, maybe Civil War, and then head right—with a charismatic Leader of some sort. One Left wing think tank had Glen Beck as the supream Leader of a Facisit State—We would be lucky to have him. I hope for a franco or Peron rather than a Hitler. It will be fifty years before Democracy is re-established in America. People will flee to Mexico and Cuba for political freedom. 2018 is my guess.


45 posted on 01/22/2014 11:15:19 AM PST by Forward the Light Brigade (Into the Jaws of H*ll)
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To: Forward the Light Brigade
One Left wing think tank had Glen Beck as the supreme Leader of a Facist State

Do they know that the Fascists (under Mussolini), the National Socialists (Hitler), the Peronists and the Soviets were all left wing?

The Left wing is all about totalitarian state control of wealth and wealth production - and the primacy of collective (and so-called minority) rights.

The Right wing is about having as small a state apparatus as possible. The Right wing champions the primacy of individual rights (this is the only true form of minority rights as individuals are the smallest minority of all.)

Don't fall for the Left wing's definition of fascism. If the Government controls the means of wealth production, then it is a fascist state.

Your Government is printing 75B a month and giving massive transfer payments to its political clients, while using the IRS and EPA to punish opponents of the regime.

Which is another way of saying: you are in a fascist state right now, right this minute.

46 posted on 01/22/2014 11:36:31 AM PST by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
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To: agere_contra

(and before I get letters; I don’t believe that the UK is doing any better)


47 posted on 01/22/2014 11:37:49 AM PST by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
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To: agere_contra
The handwriting is on the wall – and at the top of the list are the words Cloward-Piven.

Recall that this is a regime that came into being on the back of a crisis – a “Serious Crisis” that they used to full advantage.

Is there any doubt they won’t try that again?

Two themes have been forefront the past few weeks – one the supposed wealth inequality BS and the Dear Liar’s threats to use executive orders to get what he wants.

BTW, I’ve been meaning to post a similar thread on these issues – thank you for doing it for me.

Everyone needs to spread the word on this very real possibility to lessen it’s effects and to dampen the regime’s use of it.

48 posted on 01/22/2014 12:38:08 PM PST by Voice of Reason88 ( Freedom is never lost all at once - Edmund Burke)
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To: Voice of Reason88
Agreed!

The Left relies on 'Hurt and Rescue' tactics.

Clinton created the conditions for Too Big to Fail: and they blossomed into 'necessary' Government intervention at the end of 2008, then QE1, QE2 etc. The US has yet to feel the full force of that debacle - when the dollar finally loses reserve status.

Now the Left are hurting healthcare in order to 'rescue' it with single payer.

I'm not sure that income inequality will be their weapon: I think its just a distraction from the ongoing healthcare fiasco.

But I could certainly be wrong - Obama is just crazy enough to try raising the minimum wage by fiat, or to try unconstitutionally imposing the forms of financial repression that have crashed and burned in France or Venezuela.


It's getting late. Good night all.

49 posted on 01/22/2014 1:01:51 PM PST by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
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To: agere_contra
I think that the wealth inequality BS has several facets to it.

1) Of course is a distraction from the rest of the regime’s total screw-ups – that’s a given.
2) But it also a ‘populist’ theme that tells the Low info voters – hey, vote for us and we’ll steal from those evil rich folks and give you some of the loot.

And most importantly:

3) It set’s the ground work for a massive wealth redistribution effort in form of write-off from loans – like student loans - and the seizing of savings.

50 posted on 01/22/2014 1:32:16 PM PST by Voice of Reason88 ( Freedom is never lost all at once - Edmund Burke)
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