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12 Trigger Events That Could Set Off the Economic Collapse

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We all know by now that this economic “House of Cards” is soon going to come tumbling down. But what are the major events that will immediately trigger this event?

“Here’s a brief list of possible triggers:

 

 

 

 

  1. Creditors dump US debt back into the US market
  2. Commodity prices spike
  3. A crash occurs in the stock or bond market
  4. A backlash occurs from countries sanctioned by the US
  5. European countries default on their debt
  6. The US dollar ends as the petrocurrency (causing a sale in US treasuries)
  7. The US or EU introduce significant tariffs, diminishing world trade
  8. Interest rates rise, as they did in 1929
  9. The paper gold market crashes, when the shortage of physical gold is revealed
  10. Banks freeze or confiscate deposits
  11. FATCA accelerates the demise of the US dollar as the default currency
  12. A credit collapse occurs (followed by dramatic inflation or hyperinflation)

Any of the above is capable of triggering a collapse (and, as stated, this is not by any means an exhaustive list). Therefore, it would be wise to keep an eye out for indicators that one of them may occur. Any one of them that appears to be nearing the point of becoming a reality would suggest that the tipping point may occur soon.

“How Will I Know in Advance?”

Whatever advance warning you may have will be based on how closely you’re following the indicators that any of the possible triggers may be nearing fruition. Some, like the overbought stock market or the rise in commodity prices could kick in at any time.

Others, such as a bank freeze on deposits, or the collapse of the ETF market in gold, could happen quite suddenly and without any warning at all.Major depressions do not occur overnight. They go in downward waves, interrupted at intervals by false recovery waves. The first major event of what would become the Greater Depression took place in 2007 with the housing crash. A year later, right on cue, came the first of the stock market crashes.

Since then, the US Federal Reserve and the governments and central banks of much of the world have been involved in Band-Aid solutions to postpone further crashes, in spite of the fact that the economy is, in fact, a “dead economy walking.”

The Band-Aids have been many and various and, at some point, one of them will fail. The fact that they are all Band-Aids and not true solutions assures that, when the first one lets go, they will all fail in succession. Only at this point will the average person understand that we have been in the early stages of a depression all along.

What will happen will be a sudden and unseen event – a trigger that suddenly sends the economy downward, followed by another, then another, as the economy tumbles inexorably downward.

Along the way, emergency measures will be utilised to “save” the economy. They will be drastic, including confiscation of bank deposits, plus massive money creation. There will be dramatic inflation and very possibly, hyperinflation.

But the collapse will continue, unstoppably. Like any house of cards, once it begins to actually fall, no further Band-Aids will stop the inevitable.

The enemy is not the coming events; the enemy is complacency toward those events.

The investor therefore has two viable choices: to either get blindsided by events and become an economic casualty, or be prepared (as much as possible) for the crashes, regardless of what the trigger might turn out to be,” states .Jeff Thomas of International Man.

Source: GramsGold

 

 



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