Horrific Consequences: “People Don’t Understand the Scale of the Emergency That’s Going On Right Now”

consequences

Back in the mid-2000′s, when jobs were plentiful and everyone was concerned with buying zero-interest homes, new cars and taking luxury vacations, Mike Maloney from the Hidden Secrets of Money was warning of the financial and economic destruction to come. In his assessment, a crisis was imminent:

First the threat of deflation (1), followed by a helicopter drop (2), followed by big reflation (3), followed by a real deflation (4), and then followed by hyperinflation (5),

We now know that Maloney was right.

In 2008 we saw asset valuations from stocks to commodities lose significant value. It was a deflationary impact so threatening that the U.S. government was on the brink of a collapse which sunsequently led to members of Congress being warned that if nothing was done there would be tanks on the streets of America. This was followed by an unprecedented bailout package, which included an astronomical infusion of cash by the Federal Reserve under the direction of Chairman Ben Bernanke. Since then we’ve seen a massive reflation in a system where the economic fundamentals have only gotten worse – stock markets have hit all time highs, home prices have seemingly re-stabilized and personal debt is approaching 2007 levels.

Mike’s first three stages have, without a doubt, now come to pass.

If his forecast is correct – and it sure seems like it – then we will soon enter the next stage of this crisis and it will involve yet another deflationary hit to global asset prices. We know how destabilizing such an event can be from our country’s experience during the Great Depression. But as Mike notes in a follow-up to his original forecast, the next event will be nothing like what we saw during the 1930′s:

I think it’s going to be a whole lot worse than the 30′s…

People don’t understand the scale of the emergency that’s going on right now. 

They think that Ben Bernanke fixed things and that the economy is back on track, but the Fed is still doing emergency measures. They’re printing $ 85 billion a month – that’s over a trillion dollars a year… and people do not grasp the scale of the emergency measures that they’re doing right now.

There was just a little over $ 800 billion of base money in existence before the crisis in 2008… that’s 200 years worth of currency creation… So that’s 0.8 trillion… now we create a trillion every year… that means we’re creating more than 200 years of currency every single year

…For him [Bernanke] to say that they’re not going to taper is an admission that they can never, ever taper… If they do the whole thing comes crashing down.

I think the crash of 2008 was just a speed bump on the way to the main event… the consequences are gonna be horrific… the rest of the decade will bring us the greatest financial calamity in history.

If Maloney is right, then the next crash is going to be followed by something so severe that many have suggested our civilization may not survive in its current form.

Hyperinflation on this scale, originating in the United States, will lead to immediate global consequences. First, our systems of commerce break down. Next, the government will be left with no choice but to implement a state of martial law, something they have been war-gaming for years in anticipation of this very event. And finally, as noted by many contrarian experts, the world could very rapidly descend into widespread global conflict.

We are, by all measures, on the very precipice of what is potentially the most enormous financial, economic, and social collapse in the history of the world.

Both scenarios – deflation and inflation – are going to impoverish this nation and make it nearly impossible for people to acquire the basic necessities for life. One hundred million people are already struggling right now and are only capable of paying their rent and putting food on the table because of direct government assistance.

When the system collapses that assistance will not be enough and those who failed to prepare by stocking long-term food stores, gold and silver, and barter supplies are going to be living in horrific conditions.

This is big – and most people are completely ignorant to the possibility.


SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You

Understand Where We’re Headed: “The People of This Country… Will Take to The Streets”

Do you want to know why the Department of Homeland Security, the U.S. military, and law enforcement officials are unabashedly expanding the control grid?

Charlie McGrath of Wide Awake News explains:

We understand the expansion of the security industrial complex, the growing nature of the police state.

Billions of rounds of ammo, armored vehicles, fusion centers, drones being put in the air – there is no question of police state expansion. The only question is why. Why are they doing it?

You can’t go to government for this answer, because if you do they’re just going to stone-wall the question. They don’t even believe you deserve a shoddy lie.

But if we use our heads and we look at real information, real data, the reason is self evident.

The fact is, the trajectory of our economy has been set for quite some time.

The U.S. Census Bureau says we have 146 million people either living in poverty or in a low income situation… 29.2% of the children in this country face food insecurities every single night… And over 20 million people in the United States are spending over half what they make to pay for housing alone…

We don’t see these millions of people in the streets right now.

Why?

Because we have social safety nets. Social safety nets that are promised to be yanked away. They’re warning us right now…

Understand where we’re headed…

Prepare for what is coming…

They’re not buying the ammunition… they’re not expanding the police state because they’re worried about terrorism.

They’re worried about incidents such as happened in Egypt and Tunisia.

When the people of this country have nothing, and the little bit that they do have, the little bit that they do earn, is going to pay for basic necessity items such as housing and food… they [will] take to the streets.

This is what I believe the government anticipates and I do believe this is what’s going to happen.

Video via Rense.com:

We are rapidly approaching a situation in this country where the majority of Americans will not be able to acquire the basic necessities for life. With tens of millions of people unemployed, living in poverty and struggling just to make ends meet, it’s a wonder that the system hasn’t already collapsed in on itself.

For the time being government social safety nets have kept the restless at bay by providing assistance for food, medical care and housing. In fact, nearly half of Americans receive some form of benefit or distribution from the government on a monthly basis.

Meanwhile, the Federal Reserve is relentlessly expanding our monetary base while the US government borrows unfathomable amounts of money just to stay afloat and maintain a perception of stability. This has led to significant price increases in the things Americans need to survive – food, medicine and energy.

We will soon reach a point where government will be left with no choice but to make drastic cutbacks to these essential services, leaving all those who depend on that monthly check with absolutely nowhere to turn. These cuts may come in the form of actual lowered distribution amount, or in the form of inadequate adjustments for inflation.

When those who are already struggling just to get by no longer have the social support or sufficient wage to acquire critical goods and services, really bad things are going to happen.

They’re going to take to the streets in droves, and you can be assured that the government will not be benevolent in how they’re dealt with.

The lucky ones will likely be rounded up, detained and deported to camps operated by the Federal Emergency Management Agency.

The unlucky ones… they’ll become government democide statistics.

We can pretend everything’s alright and that the government isn’t taking steps to maintain control at any cost, but it won’t change the outcome.


SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You

McGrath: “You Better Look at Reality… and Understand What’s Coming Next”

Everywhere we look the masses are hurting. Whether it be the 100 million Americans dependent on the government safety net to survive, or the millions of Europeans rioting in the streets of Spain and Greece, a sense of serious crisis is in the air.

Over the last four years, slowly and without abatement, the economic outlook across the globe has worsened significantly.

In France, a new 75% income tax on individuals earning over a million Euro ($ 1.2 million) per year was announced today. Incomes of $ 150,000 will be taxed at 40%. French business owners and citizens are scrambling to leave the country to avoid the new legislation. This has been done to offset the billions being used to bail out failing banks and reckless government spending.

Similarly, in the United States next year, individuals and small business owners will be hit with massive tax increases as universal health care is implemented across America.

Last week the Spanish Congress had to literally barricade themselves behind police and locked doors as thousands of protesters stormed their Congressional hall demanding the resignations of every representative.

The austerity sledgehammer is coming down hard, and everyone is starting to feel it.

The response from the political and financial elite has been to continue doing what they’ve been doing, because somehow the same financial and economic policies they’ve implemented over the last four years, those which have done nothing to increase jobs or economic growth, are going to make a difference now.

The decline is happening before our eyes. Millions of people in once stable economies have been impoverished by job losses, taxation and out of control price inflation on essential commodities like food and energy.

Charlie McGrath, of Wide Awake News, warns that what’s coming next is a catastrophic implosion – and none of us will be spared:

We’re destroying currencies around the world. And if you think it’s for a glorious reason of rebuilding economies and  strengthening growth you better look at reality and see where we’re at right now and understand what’s coming next. 

Because what’s coming next has played out in history before. You have a situation where very few institutions on top wage financial war against countries of the world, and when economies fall and when civilizations in a lot of cases fall, they swoop in and garner even more power. But we’re doing it on a global scale, digitally.

You are not sovereign if you have a group of bankers who can dictate the financial policy of your country. You are not sovereign. You are not in control of anything.

Understand, these guys are all in. You’re not going deeper than zero in interest rates. You are not going more easing than forever.

It is at the end of the road, and we are circling the drain ready to be let into this total global financial toilet bowl. 

And at the end of the day they’ll be standing there with the solution.

They’ll be standing there with a solution when you’re paying 40%, 50%, 60% of what you earn to put food on the table for the kids who moved back into the house. 

Our politicians are not working for us. They’re working for the people that make the money. Unfortunately in the United States of America it’s not Article 1, Section 8 of the Constitution where Congress coins money, it’s a bunch of central bankers that just happened to collapse the economy…

Europe, Japan, China, and the United States are in serious trouble. It may not happen next week, or next month. But, you can be assured, just as 2+2=4, that a financial and economic collapse is coming.

It will be (is) unprecedented in size and scope.

Tens of trillions of dollars in monetary printing in the US, Europe and China has not been enough to stave it off, and all signs indicate that the next round of multi-trillion dollar infusions will do nothing but extend the game just a bit further.

We have long since passed the point of no return and are rapidly approaching the breaking point.


SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You