H/t reader squodgy:
“National & personal unpayable debt mountain, record real unemployment, inflation, perpetual war against an abstract enemy, existing elite promoted civil unrest and a worldwide slump.
These ingredients are already real, but obviously not quite enough for the elite.
So, a totally unnecessary rate hike will, because ordinary Joe has already used what savings he has just to stay afloat, push him over the edge and probably create the smoke screen for the inevitable collapse.
If that happens, (and common sense & reasonable dot joining, point that way)
they will win. So maybe a bit of forward thinking is needed, especially if we can’t do anything about it.
Here is one man’s projection of how it will go down.”
– If You Want To Survive The Coming Greatest Financial Collapse In World History: Bosnia War Survivor: ‘One year in Hell …’ – ’35 Excuses That Will Doom The Non-Prepper’
– What Life Will Be Like After an Economic Collapse:
If you have been waiting for a public announcement or news headline to let you know that an economic collapse has begun, you are in for the surprise of your life. If history in other countries and in Detroit, Michigan is any indication, there won’t be an announcement. An economic collapse tends to sneak up on a city, region, or country gradually over time. In some cases, the arrival of an economic collapse is so gradual that most people living in it aren’t even aware of it at first.
Things just get gradually worse, often so gradually that people and families adjust as best they can until one day they actually realize that it’s not just their home or their neighborhood that has been hit so hard financially, it’s everyone. By that time, it’s often too late to take preventative action. Continue reading »
Tags: Collapse, Economy, Global News, Society