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The ECONOMIC COLLAPSE Will Reduce the US to THIRD WORLD Conditions

Saturday, July 25, 2015 6:07

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As global currencies wage a race to the bottom, citizens of the world are kept distracted by insignificant things to keep them calm right up to the end.

The end will be the destruction of many world currencies and the savings of those invested in them. When that happens those who have lost everything will panic, and for good reason.

The conspiracy theorists and sound money people will be proven to be prophets, but none of that will matter by then.

The U.S. will likely become a third world nation as far as living standards are concerned.

All of the savings that people think they have was long ago looted by the bankers and now they must destroy those ledger entries that people think they have.

Much like the phantom gold that no longer exists in vaults
but only on paper, those ledger entries must be destroyed
before the banks are required to give that money
back to its rightful owners.

It is not only the savings but the promised payments from government entities that must be eliminated. The government has made promises it cannot keep and now it must find a way out while maintaining “plausible deniability”.

That is the crux of the unwinding we will see in the near future. The people have been robbed of their wealth and their futures and now it is time to perpetrate the cover up so the guilty parties can sail off into the sunset with their ill gotten loot. It almost sounds like a movie plot but unfortunately the people will have to stick around after this show and deal with the aftermath. That is something most people do not see coming and are ill prepared to deal with emotionally, physically or financially.

There are many things that people will disagree on when it comes to the future but there are some things those following events will agree on:

There will likely be a catastrophic event in conjunction with a monetary crisis.
Most people will be completely unprepared for the events.
Only those that hold hard assets and the means to protect them will come through this with any wealth in tact.
The government will increase their control of the population.
Basic resources like food, water and energy will be expensive or difficult to get. This is especially true for imported goods.
People will lose.………..read the rest of the story at GramsGold.com

You need to prepare now like your life depends on it, because it does.

Having small currency-size units of gold will be important in a collapsing economy.
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Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

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