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Six Likely Events That Will Follow An Economic Crash
Oath Keepers ^ | 1/20/2014 | Mac Slavo

Posted on 01/21/2014 5:50:15 AM PST by IbJensen

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 nor 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; Constitution/Conservatism; Crime/Corruption; Government
KEYWORDS: destructingamerica; evilobamaregime; lyingpoliticians; phonypresident
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To: Rich21IE
Another problem I have with the 2015 date is its before the faux election that puts Hilary into office.

Interesting point. While this is not a fact, I believe we may have already seen our last presidential election.

41 posted on 01/21/2014 6:57:42 AM PST by ShadowAce (Linux -- The Ultimate Windows Service Pack)
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To: SisterK

That’s interesting but.........the math? 1947 to 1967 is only 20 years? According to what I’ve read, the last Christian Jubilee year was 2000 and the next is to be 2025.


42 posted on 01/21/2014 7:00:58 AM PST by Rich21IE
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To: MrB
"Sept 2015 - final, crushing judgment"

Since O's re-election, I've had the gut feeling that we would not make it to 2016.
Not just the current economics and the Biblical precedence - but a type of "discernment" feel (Holy Spirit?).
I know Who I belong to, and I know that the pain will only be for a "moment", but I still grieve for my Country (remembering Jesus grieving over the soon-to-come fate of Jerusalem in Luke).

43 posted on 01/21/2014 7:09:40 AM PST by Psalm 73 ("Gentlemen, you can't fight in here - this is the War Room".)
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To: IbJensen

He’s describing sudden, visible acts of tyranny and lawlessness. He’s forgetting about quiet little confiscations already on the books — Obamacare includes a new specific “Medicare” tax on the sale of your house if your profit is above a certain amount, for example. It hasn’t gotten a lot of press because it doesn’t affect a lot of people.

But consider what happens in the inevitable years of inflation or hyperinflation: that tax will quietly affect more and more people, as it’s cast from the same mold of the Alternative Minimum Tax.

No doubt in the next multi-thousand-page “law” we will find similar little gems, such as a new specific tax on stock sales, etc.

This is the real game, not the game described of sudden, visible changes that affect everybody all at once.


44 posted on 01/21/2014 7:11:28 AM PST by jiggyboy (Ten percent of poll respondents are either lying or insane)
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To: Gaffer
I think that you and some other comments on this topic have hit the nail on the head. Most people (and quite a few here on FR) think that you'll wake up tomorrow morning and that there will be some kind of apocalypse outside where you'll need your guns and all the food that you've saved up over the last several years.

The reality is that the decline will be slow and steady over possibly decades, with the end result being what will feel like an economic and societal collapse, Gradually, crime will rise, apathy will reach an all time high, and you will see a true Atlas Shrugged type scenario. By that time, however, most of us will be long gone and our children will be dealing with it. I'm not saying that I'm not interested in trying to prevent it, but the odds are stacked against us. Two political parties that only care about themselves, a lack of critical thinking by the easily distracted citizenry, the Fed who can print money at will, etc., will just ride the wave of collapse for as long as they can.

45 posted on 01/21/2014 7:15:50 AM PST by aegiscg47
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To: ShadowAce

Seeds. Real seeds.

Wherever you can buy them, scoop them up. That will be currency.


46 posted on 01/21/2014 7:30:10 AM PST by EQAndyBuzz ("The GOP fights its own base with far more vigor than it employs in fighting the Dims.")
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To: Obadiah
Either Republicans in Congress have totally surrendered or they have been totally co-opted, but something is clearly wrong, as everyone can plainly see.

I'm convinced that nobama, through his NSA, has gotten the goods on all of the major Congressional players, Republicans and Democrats alike.

Until these folks have the balls to stand up and say, "I don't care, we're gonna fix this anyway," little will be accomplished.

47 posted on 01/21/2014 7:39:53 AM PST by upchuck (Stop this abuse now! Get behind Convention of States: http://bit.ly/1ak1Iz9)
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To: IbJensen
When Obama’s term is up, he will run and hide, probably outside of the USA!

We will need to form a group to monitor his whereabouts and make certain he cannot escape his due reward. That includes his “helpers”.

48 posted on 01/21/2014 7:50:51 AM PST by Sen Jack S. Fogbound (Read the Constitution!!)
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To: IbJensen

bfl


49 posted on 01/21/2014 8:40:58 AM PST by VRW Conspirator ( 2+2 = V)
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To: IbJensen
How about another one: Obama squatting in the White House after 2016?

-PJ

50 posted on 01/21/2014 8:45:19 AM PST by Political Junkie Too (If you are the Posterity of We the People, then you are a Natural Born Citizen.)
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To: Sen Jack S. Fogbound

I logged on JUST to give YOU an “attaboy”...couldn’t agree more.

(congresscritters ARE complicit.)


51 posted on 01/21/2014 9:15:45 AM PST by Mortrey (Impeach President Soros)
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To: lonevoice

ping


52 posted on 01/21/2014 9:42:39 AM PST by Pride in the USA
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To: IbJensen

I don’t want, nor need, a pro-XYZ gov’t. The current bloated gov’t IS pro-biz: those biz that will donate $$$, kick-backs and quid-pro-qua.

A1S8, protecting our Freedom and Rights. The rest, I’ll vote on with my feet and $$ through the States.


53 posted on 01/21/2014 9:43:40 AM PST by i_robot73 (Give me one example and I will show where gov't is the root of the problem(s).)
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To: IbJensen

Does any of this sound familiar?

How to create a socialist state by Saul Alinsky
( Who, by the way, was Obama’s political guru and mentor in his formative political years in Chicago. )
Saul David Alinsky (January 30, 1909 - June 12, 1972) was an American community organizer and writer. He is generally considered to be the founder of modern community organizing. He is often noted for his book Rules for Radicals.

There are 8 levels of control that must be obtained before you are able to create a socialist state.

The first is the most important.
1) Healthcare: Control healthcare and you control the people.

2) Poverty: Increase the Poverty level as high as possible, poor people are easier to control and will not fight back if you are providing everything for them to live.

3) Debt: Increase the debt to an unsustainable level. That way you are able to increase taxes, and this will produce more poverty.

4) Gun Control: Remove the ability to defend themselves from the Government. That way you are able to create a police state.

5) Welfare: Take control of every aspect of their lives (Food, Housing, and Income).

6) Education: Take control of what people read and listen to take control of what children learn in school.

7) Religion: Remove the belief in the God from the Government and schools.

8) Class Warfare: Divide the people into the wealthy and the poor. This will cause more discontent and it will be easier to take (Tax) the wealthy with the support of the poor.


54 posted on 01/21/2014 9:49:15 AM PST by Sen Jack S. Fogbound (Read the Constitution!!)
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To: IbJensen

“We are in an economic crash.”

Absolutely, especially to those people who have lost their jobs and homes (and may not have either again).

As far as the confiscation of wealth, it doesn’t have to be seizure of bank accounts; it can be done with much less fuss by simply devaluing the currency (which is already being done via the unreported inflation).


55 posted on 01/21/2014 11:47:07 AM PST by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: muir_redwoods

“No matter what anyone tells you precious metals always have value; people traded with other prisoners with silver and gold for food in the concentration camps.”

Their real value is they know no borders or governments; they have value around the world.


56 posted on 01/21/2014 11:50:32 AM PST by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: Rich21IE

oops. Typo on my part. Thank you for catching. Meant to read 1917. One source states year 2000 (I dare not say the source at the risk of getting flamed), but the source I trust states 2017. The Old Testament states 50 years - so even 2025 would be incorrect. 2050?


57 posted on 01/21/2014 2:43:12 PM PST by SisterK (behold a pale horse)
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To: Rich21IE

Bear in mind that the Hebrew year differs from the “Christian” year. Hebrew years are lunar and so every 19 years or so they have to tweak their calendar to make stuff work out.


58 posted on 01/21/2014 2:46:45 PM PST by SisterK (behold a pale horse)
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To: SisterK

...then you can throw the ‘blood moons’ into the mix...


59 posted on 01/21/2014 2:46:56 PM PST by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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