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10 Practical Steps That You Can Take To Insulate Yourself From The Coming Economic Collapse

Posted on Aug 26, 2010 in Economic News, Emergency Preparedness & Survival

Source: The Economic Collapse

Most Americans are still operating under the delusion that this “recession” will end and that the “good times” will return soon, but a growing minority of Americans are starting to realize that things are fundamentally changing and that they better start preparing for what is ahead. These “preppers” come from all over the political spectrum and from every age group.  More than at any other time in modern history, the American people lack faith in the U.S. economic system.  In dozens of previous columns, I have detailed the horrific economic problems that we are now facing in excruciating detail.  Many readers have started to complain that all I do is “scare” people and that I don’t provide any practical solutions.  Well, not everyone can move to Montana and start a llama farm, but hopefully this article will give people some practical steps that they can take to insulate themselves (at least to an extent) from the coming economic collapse.

But before I get into what people need to do, let’s take a minute to understand just how bad things are getting out there. ...

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Community Crisis Planning for Societal Collapse

Posted on Aug 23, 2010 in Blog, Editorials, & Thoughts, Emergency Preparedness & Survival, Featured Articles

Kevin Hayden – TruthisTreason.net

Source: SurvivalBlog – Originally posted on Aug 23, 2010

Community Crisis Planning for Societal Collapse, by J.I.R.

I believe that in a severe crisis, most of the problems are going to have to be solved at the local level. State and federal government are too big and dependent on technology to survive a severe crisis once the grid drops and all services start to erode. Local governments, too, are ill prepared to assume this crushing responsibility, but they are much more resilient because their scope of control is smaller. Most of them have never even considered what they would do.

This article is a discussion piece to stimulate thought on the subject of small community recovery after TEOTWAWKI. I hope it will also be useful as a rough blueprint or checklist for local community leaders, or at least a starting point for a comprehensive plan. I wrote it from the perspective of a fictional town mayor. Most of the issues I mention apply to many levels of local government and law enforcement. I realize that a mayor never acts alone or has absolute power....

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How Hyperinflation Will Happen

Posted on Aug 23, 2010 in Economic News, Federal Reserve & Bankers

Source: Gonzalo Lira

How Hyperinflation Will Happen

Right now, we are in the middle of deflation. The Global Depression we are experiencing has squeezed both aggregate demand levels and aggregate asset prices as never before. Since the credit crunch of September 2008, the U.S. and world economies have been slowly circling the deflationary drain.

To counter this, the U.S. government has been running massive deficits, as it seeks to prop up aggregate demand levels by way of fiscal “stimulus” spending—the classic Keynesian move, the same old prescription since donkey’s ears.

But the stimulus, apart from being slow and inefficient, has simply not been enough to offset the fall in consumer spending.

For its part, the Federal Reserve has been busy propping up all assets—including Treasuries—by way of “quantitative easing”.

The Fed is terrified of the U.S. economy falling into a deflationary death-spiral: Lack of liquidity, leading to lower prices, leading to unemployment, leading to lower consumption, leading to still lower prices, the entire economy grinding down to a halt. So the Fed has bought up assets of all kinds, in order to inject liquidity into the system, and bouy asset price levels so as to prevent this deflationary deep-freeze—and will continue to do so....

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50 Facts That Make You Wonder What Has Happened To America

Posted on Jul 05, 2010 in Featured Articles

Source: The Economic Collapse

Commentary: Kevin Hayden

 

Our world is changing at a pace that is so staggering these days that it can be really hard to fully grasp the significance of what we are witnessing.  Hopefully the collection of random facts below will help you to “connect the dots” just a little bit.  On one level, the facts below may not seem related.  However, what they all do have in common is that they show just how much the United States has fundamentally changed.  Do you ever just sit back and wonder what in the world has happened to America?  The truth is that the America that so many of us once loved so much has been shattered into a thousand pieces.  The “land of the free and the home of the brave” has been transformed into a socialized Big Brother nanny state that is oozing with corruption and has accumulated the biggest mountain of debt in the history of the world.  The greatest economic machine that the world has ever seen is falling apart before our very eyes, and even when our politicians actually try to do something right (which is quite rare) the end result is still a bunch of garbage. ...

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