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Warning to America — When the Economy Crashes Parts of America Will Resemble a 3rd World Country

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Warning To America — When The Economy Crashes Parts Of America Will Resemble A 3rd World Country

Last Warning To America – Dollar Will Collapse . The dollar collapse will be the single largest event in human history. This will be the first event that will touch every single living person in the world. All human activity is controlled by money. Our wealth,our work,our food,our government,even our relationships are affected by money.

When a U.S. economic collapse occurs, it will happen quickly. No one will predict it. That’s because the signs of imminent collapse are difficult to see.

The definition of ‘defaulting’ on it’s debt means the US Gov’t isn’t able to pay the interest on the almost $16 trillion it owes. Currently interest rates are at all-time lows – as many homeowners are enjoying by re-financing their homes at lower rates. Interest on the debt is currently the smaller of the four biggest expenses the US Gov’t has. As interest rates rise, the interest expense will get bigger – and this will be very difficult for a Gov’t that is already deficit spending way beyond its means.

a) Increasing rates will require a debt laden Gov’t to barrow more and will accelerate inflation and the date of collapse. This is a 6-12 month red flag. As of today, rates are slowly rising although they are still very low.

b) A sudden and sustained spike in the interest rates indicates that there are fewer buyers of US debt. Without the ability to barrow more money or rollover the existing debt the US Gov’t will have to shut down or do desperate things like stealing from retirement plans or citizens bank accounts. Get your money out of the banks or markets immediately. This is a very severe red flag indicating only weeks before major financial crisis and economic collapse.

For example, the U.S. economy nearly collapsed on September 17, 2008. That’s the day panicked investors withdrew a record $140 billion from money market accounts. That’s where businesses keep the cash to fund day-to-day operations. If withdrawals had gone on for even a week, the entire economy would have halted. That meant trucks would stop rolling, grocery stores would run out of food, and businesses would shut down.
Most people won’t know how bad it might get, but there will be people beginning to panic and rushing out to the grocery store to buy supplies.

Many people won’t be smart, and won’t think it through. What will they buy first?

Maybe they will rush to get things like,

– fresh milk, bread, and eggs
– more of their ‘regular’ stuff (processed/boxed foods, frozen foods, etc.)
– cigarettes and booze

Why did they buy these items? What was their ‘thinking’ or logic behind it?

It’s a natural instinct to go out and buy the foods that are consumed on a regular basis, especially those that will ‘go bad’ the soonest, foods that don’t last that long like fresh bread and milk. We have been trained to think short-term. We have short attention spans and tend not to think ahead (or plan ahead).
There is a direct correlation between rioting and the cost of food. It is a very simple principle – when people can’t afford to eat, they revolt. One recent example is in 2010 food prices soared and reached a peak in February of 2011. The high cost of food is attributed to the upset that sparked a series of revolutions throughout the Arab world starting when Mohamed Bouazizi set himself on fire in Tunisia in December 2010.

Those revolutions were predictable. Here is a detailed article with research and mathematical models of how food prices are related to rioting:

The level of hunger and desperation in the Untied States has increased in recent years indicated by the increasing numbers of people on food stamps and increasing strain on local food banks. According to www.FeedingAmerica.org 1 in 6 Americans are dealing with hunger…. We are approaching conditions for civil unrest and revolt here in the Untied States.

The cost of food can rise for many reasons – massive crop failures, inflation, or market manipulation.

Keep yourself in top physical shape. Know basic survival skills, such as self-defense, foraging, hunting, and farming. Practice now with camping trips. If you can, move near a wildlife preserve in a temperate climate. That way, if a collapse occurs, you can live off the land in a relatively unpopulated area.

Many of you may not want to believe me at this moment, but by the end of 2016 life in America is going to look dramatically different than it does right now. So please get prepared while you are still able to do so.

SOURCE : http://www.prepperfortress.com/warning-america-economy-crashes-28-may-2016-parts-america-will-resemble-3rd-world-country/

 

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    Total 3 comments
    • Redlist Renegade

      Parts of America ALREADY resemble a third world nation just look at DETROIT !!!

      • b4

        i hope it all goes to hell—stand to make anywhere between 10 and 20 million in the gold/silver market–would throw a party for all the bin readers posters even though there is a lot of jackasses–it is 1 of my most favorite sites–would fly the first 50 females free to the party–fly Lyn and Lisa first class or send my private jet to get them-was thinking Fl or mexico,maybe Calif–take over a whole resort–thing is the dollar aint going to collapse for awhile according to the experts who advise me–it is the prettiest ugly girl at the dance…

      • Jack Shlitz

        Yeah, was gonna say, A Lot of parts resemble a 3rd world nation: Flint, Gary, Camden, New Orleans, and of course Detroit :roll:

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