Archive of Financial Meltdown Archives | Page 2 of 9 | Truth is Treason

Urban Survival Post-SHTF: a How-to Guide and Rural Comparison Thumbnail

Urban Survival Post-SHTF: a How-to Guide and Rural Comparison

Posted on Jan 12, 2012 in Alt Energy, Tiny Homes, & Structures, Emergency Preparedness & Survival, Featured Articles

Kevin Hayden –

During a societal collapse or SHTF scenario, is living in an urban environment a safe and prudent option?

Let’s dive into a few of the aspects and dangers of the cityscape, what to expect, and how you might mitigate some of the threat as you either escape from the concrete jungle or try to ride it out.  This does not apply for short, temporary natural disasters; rather, this will examine a potential economic meltdown, long-term survival situation, possible military action, or perhaps an electromagnetic event of some order that brings down the grid.

Living within a major metropolitan area has its ups and down, its benefits and drawbacks. This applies to any decent sized urban area as they all typically have common systems, such as municipal water and sewage, fragile electrical grids that in many cases provide the power for heating your home and cooking, and finally – people.

Large population centers can be your worst nightmare in a survival situation, as witnessed during Hurricane Katrina and the subsequent social collapse that occurred in New Orleans....

Continue ReadingView Comments (9)

Peter Schiff Animation: We’re Not Paying the Chinese Back

Posted on Jan 04, 2012 in Economic News, Federal Reserve & Bankers

Kevin Hayden –

This is a part of a speech made by Peter Schiff, entitled “Why the Meltdown Should Have Surprised No One” at the Ludwig von Mises Institute in 2009.

Peter Schiff is widely credited for having predicted the housing collapse and economic downturn in advance.  He is an investment broker, author and financial commentator. Schiff is CEO and chief global strategist of Euro Pacific Capital Inc. and CEO of Euro Pacific Precious Metals, LLC, a gold and silver dealer based in New York City.

I highly recommend this insightful, easy-to-understand, and at times, humorous animation.  Created by DSBac.


Continue ReadingLeave a Comment
UBS’ Advice on What to Buy in Case of Eurozone Breakup: “Precious Metals, Tinned Goods, Small Caliber Weapons” Thumbnail

UBS’ Advice on What to Buy in Case of Eurozone Breakup: “Precious Metals, Tinned Goods, Small Caliber Weapons”

Posted on Dec 08, 2011 in Economic News, Emergency Preparedness & Survival

Kevin Hayden –

Source: Zero Hedge

Three months ago, Zero Hedge presented the first of many narratives that started the thread of explaining the “unmitigated disaster” that would ensue should the Euro break up, which in the words of authors Stephane Deo and Larry Hatheway, would leads to such mutually assured destruction outcomes as complete bank failure and/or civil war, or far worse.

Because if there is one thing the banks have learned in the aftermath of Hank Paulson, is that scaremongering when bonuses are at stake is the only to get taxpayer money to fund exorbitant lifestyles. Unfortunately, since the first UBS report, despite the best intentions of the status quo, the Eurozone’s plight has only gotten far, far worse, reaching a Lehman-like crescendo when the house of cards threatened to collapse if not for a last minute Fed rescue. However, as Deutsche Bank and every other bank knows well, that measure was merely a short-term fix.

Today, Larry Hataway has released yet another sequel to the original piece, focusing on this so very critical week for Europe, which as Olli Rehn said, must find a solution by Friday or see the EU “disintegrate”, in which the vivid imagery, loud warnings and level of destruction are even greater than before....

Continue ReadingView Comments (1)
State Sovereignty: America’s Final Solution to Tyranny Thumbnail

State Sovereignty: America’s Final Solution to Tyranny

Posted on Dec 06, 2011 in Blog, Editorials, & Thoughts, Constitutional & Liberty Issues, Political Issues

Kevin Hayden –

Source: The Daily Bell by Ron Holland – Truth Contributor

Hayden’s Note:

At the end of this article is a copy of the proposed state sovereignty amendment.

Just following Congress, the 2012 presidential campaign and the inability of citizens to influence government policy makes it clear to every American how broken the US political system has become. A few powerful interests run the entire show and the American people are being forced down a dark road to economic destruction. History shows us that Washington is immune to conventional national political action under the present system. What can freedom loving Americans do?

• We can’t change Washington because Congress is owned and controlled by special interests.

• Neither can we take over the establishment control of either political party as the media elites can break, sideline or ignore any candidate that threatens the elite interests.

• Third party efforts at the national level are doomed to failure and an ineffective tool for promoting freedom principles when compared to the successful Ron Paul campaign effort inside the GOP....

Continue ReadingView Comments (1)
Prepare for Riots in Euro Collapse, British Embassies Warn Thumbnail

Prepare for Riots in Euro Collapse, British Embassies Warn

Posted on Nov 28, 2011 in Economic News

Kevin Hayden –

Source: Telegraph

British embassies in the eurozone have been told to draw up plans to help British expats through the collapse of the single currency, amid new fears for Italy and Spain.

As the Italian government struggled to borrow and Spain considered seeking an international bail-out, British ministers privately warned that the break-up of the euro, once almost unthinkable, is now increasingly plausible.

Diplomats are preparing to help Britons abroad through a banking collapse and even riots arising from the debt crisis.

The Treasury confirmed earlier this month that contingency planning for a collapse is now under way.

See alsoIMF drawing up £500bn package to save Italy, Spain and the euro

A senior minister has now revealed the extent of the Government’s concern, saying that Britain is now planning on the basis that a euro collapse is now just a matter of time.

“It’s in our interests that they keep playing for time because that gives us more time to prepare,” the minister told the Daily Telegraph.

Continue reading at the Telegraph ->...

Continue ReadingLeave a Comment
Brokerage Firm Closes Doors, says “Your Money is Not Safe … the System Has Been Destroyed” Thumbnail

Brokerage Firm Closes Doors, says “Your Money is Not Safe … the System Has Been Destroyed”

Posted on Nov 18, 2011 in Economic News, Federal Reserve & Bankers

Kevin Hayden –

Source: Sovereign Man by Simon BlackTruth Contributor

Your Monies and Positions Are Not Safe

Denver based Barnhardt Capital Management is a futures brokerage firm that focuses on agriculture, round-the-clock broker access, and inexpensive commissions. At least, it used to be.

Barnhardt shuttered its operations yesterday after six-years in the business. The firm’s founder Ann Barnhardt posted the reasons online for the entire world to see:

“I could no longer tell my clients that their monies and positions were safe in the futures and options markets, because they are not. And this goes not just for my clients, but for every futures and options account in the United States. The entire system has been utterly destroyed by the MF Global collapse.”

Hayden’s Note:

This is an excellent article and I recommend that you read it in its entirety.  If you are unsure of what exactly it’s talking about, here are a few beginner articles that may help you understand derivatives and how dangerous they are to our financial existence.  Secondly, I would recommend that you read up on “fractional reserve banking.”
These are easy to understand once they are translated into layman’s terms, so don’t worry. ...

Continue ReadingLeave a Comment
Imminent Threat – The Breaking Point and Subsequent Street Riots Thumbnail

Imminent Threat – The Breaking Point and Subsequent Street Riots

Posted on Nov 16, 2011 in Economic News, Political Issues

Kevin Hayden –

Source: Sovereign Manby Simon Black

Longtime readers know that I don’t spend much time in the United States; I usually swing by for a month or so each year to visit friends and family, and the period in-between visits can often stretch 6-months or more.

This is sufficiently long enough that I notice a lot of changes… some so drastic that they hit me in the head like a baseball bat.

For example, just last week when I was at Los Angeles International Airport, the police set up a checkpoint outside the main entrance as if we were in downtown Baghdad driving into the Green Zone.

IMG 0340 1024x768 Imminent Threat

And I couldn’t believe my eyes when, driving down Santa Monica Boulevard last Wednesday, I saw a police urban assault vehicle modeled after a US Army mechanized infantry fighting vehicle. It’s designed for one thing: maximum destruction.

It’s truly appalling how police forces across the country have become militarized. The concept of ‘peace officer’ no longer exists. Police are now paramilitary forces who only protect and serve the political class....

Continue ReadingView Comments (1)
Leading Headlines – Israel, Massive Lasers, After the Collapse, the SAS, and Congress’ Wealth Thumbnail

Leading Headlines – Israel, Massive Lasers, After the Collapse, the SAS, and Congress’ Wealth

Posted on Nov 04, 2011 in Alphabet Agencies & Operations, Emergency Preparedness & Survival, Global & National News, Police, Military, & War, Political Issues

Kevin Hayden –

The rich in Congress have continued to get richer, according to a new analysis of lawmakers’ net worth by Roll Call.
SAS squads will be based in a secret riverside bunker by the Thames for the London Olympics to combat terrorist threats more effectively.
Due to follow in the footsteps of the Large Hadron Collider, the latest “big science” experiment being proposed by physicists will see the world’s most powerful laser being constructed.
Western security firms – a polite term for mercenary outfits – are cramming planes into Libya to make the country safe for an invasion of western capitalists, the real beneficiaries of NATO’s war.
…One hundred indisputable documents that prove the United States’ involvement in terrorist actions and assassination plots in Iran and the region and will release them to the public.

Continue ReadingLeave a Comment
China Announces Its Own Bank and Stock Market Bail Out Thumbnail

China Announces Its Own Bank and Stock Market Bail Out

Posted on Oct 10, 2011 in Economic News, Global & National News

Kevin Hayden –

Source: Zero Hedge

To anyone still believing that capital markets around the world express something other than government policy, the latest news out of China may come as a surprise: “Beijing will buy more shares in China’s biggest banks, in an expression of support for the beleaguered stock market and most concrete state action to date to shore up confidence in the slowing economy.”

Hayden’s Note:

Those of you who despise capitalism or say that the free market doesn’t work need to step back and realize that this is not free market capitalism in action.  This is croni-capitalism, or a corporatocracy.  This is flat-out market manipulation in its most blatant form.  Those corporations and stocks that fail should be left to fail, not propped up by governments.  By bailing them out, they are conveying to the public, “Have faith! Continue to buy and invest!…don’t worry that this stock should have gone under.  Put more money into it.  Their failed policies and ideas will suddenly become great!”

Some mornings I wake up and wish the collapse would hurry up and happen so that we can have a chance at a real free market.  ...

Continue ReadingLeave a Comment
Step Aside BBC “Trader”: Head of UniCredit Securities Predicts Imminent End of the Eurozone and a Global Financial Apocalypse Thumbnail

Step Aside BBC “Trader”: Head of UniCredit Securities Predicts Imminent End of the Eurozone and a Global Financial Apocalypse

Posted on Sep 28, 2011 in Economic News, Federal Reserve & Bankers

Kevin Hayden –

Source: Zero Hedge

Either the YesMen have infiltrated Italy’s biggest, and most undercapitalied, bank, or the stress of constant, repeated lying and prevarication has finally gotten to the very people who know their livelihoods hang by a thread, and the second the great ponzi is unwound their jobs, careers, and entire way of life will be gone. Such as the head of UniCredit global securities Attila Szalay-Berzeviczy, and former Chairman of the Hungarian stock exchange, who has written an unbelievable op-ed in the Hungarian portal which, frankly, make Alessio “BBC Trader” Rastani’s provocative speech seem like a bedtime story.

Only this time one can’t scapegoat Szalay-Berzeviczy “naivete” on inexperience or the desire to gain public prominence. If someone knows the truth, it is the guy at the top of UniCredit, which we expect to promptly trade limit down once we hit print.

Among the stunning allegations (stunning in that an actual banker dares to tell the truth) are the following: “the euro is “practically dead” and Europe faces a financial earthquake from a Greek default“… “The euro is beyond rescue”… “The only remaining question is how many days the hopeless rearguard action of European governments and the European Central Bank can keep up Greece’s spirits.”….”A Greek default will trigger an immediate “magnitude 10” earthquake across Europe....

Continue ReadingLeave a Comment
BBC Speechless as Trader Tells Truth: “The Collapse is Coming…Goldman Sachs Rules the World” Thumbnail

BBC Speechless as Trader Tells Truth: “The Collapse is Coming…Goldman Sachs Rules the World”

Posted on Sep 27, 2011 in Economic News, Federal Reserve & Bankers

Kevin Hayden –

Alessio Rastani, a trader, talks to the BBC rather candidly about the inevitable crash of the Eurozone, the stock market and puts things into simple terms.

“This economic crisis is like a cancer….if you just wait…it’s going to keep growing… and it will be too late.”

“Governments don’t rule the world…Goldman Sachs rules the world.  Goldman Sachs doesn’t care about this rescue package and neither do the other big funds.”

He then goes into some simple strategies, such as hedging and protecting your current assets and predicts that within 12 months, millions of peoples’ savings will be wiped out.  He also comments on the 1930’s Great Depression and notes that it was used by a select few to become rich.

However!… I certainly would not be putting my faith and money into US Treasury Bonds OR the US Dollar.  Gold, silver, land, firearms, long-term food and other tangibles will be worth far more than 30-year bonds if a collapse occurs.  Why do you think the Federal Reserve is only investing in short-term bonds?  There will be no Treasury Bonds in 30 years.  ...

Continue ReadingView Comments (2)
5 Indicators That We Are Currently Embarking on the Great Shift Thumbnail

5 Indicators That We Are Currently Embarking on the Great Shift

Posted on Sep 26, 2011 in Blog, Editorials, & Thoughts, Emergency Preparedness & Survival

Kevin Hayden –

Source: Sal Parkes Truth Contributor

In Part 3, I shared how the concept of consciousness and our connection to Earth is a critical piece of the puzzle often left out by 2012 mainstream information and scientists. In this post I’ll share the key collective experiences that are manifesting in response to this transition we’re now making. The impacts of this shift are likely to be felt up till 2016 when our solar system has made the full shift.

Hayden’s Note:

See my numerous articles on the subject of barterlocal economies, and investing in tangibles.

The Great Shift, Part 4: Growing Evidence

1. The Global Economic Crisis

We are witnessing an inherently flawed economic system that is destined to implode on itself. The debt bubble that has been continually inflated with fiat currency (paper and digital money backed by nothing) and expanded by the fractional reserve banking system has created a ticking financial time bomb.  All the money that has been pumped into our economies in the form of banking bailouts, stimulus packages and quantitative easing measures is only prolonging the inevitable and making matters far worse....

Continue ReadingLeave a Comment
The Economic Shredding Machine Thumbnail

The Economic Shredding Machine

Posted on Sep 20, 2011 in Economic News

Kevin Hayden –

Source: Economic Prism – M.N. Gordon, Truth Contributor

Falling Flat on its Face

Like the U.S. Treasury, President Obama’s recent jobs proposal is bankrupt.  Quite frankly, we weren’t counting on much.  But that doesn’t mean we still weren’t disappointed by its burdensome emptiness.

The most remarkable thing about the President’s latest jobs creation plan has nothing to do with the actual substance – or lack thereof – included in the initiative.  To the contrary, it’s the idea behind it that’s most noteworthy.  In short, the President actually believes the government can use borrowed money to stimulate the economy. 
If this were true, the trillions of dollars already spent would have produced an epic boom and job creation renaissance.  By this point in the recovery, unemployment would be down and opportunities would be abundant.  Obviously, none of these things have taken place.  Instead, according to a recent Bloomberg National Poll, only 9 percent of the population is confident the economy won’t slide back into recession.

The government, as we’ve seen, is extraordinarily capable of spending boat loads of borrowed money. ...

Continue ReadingLeave a Comment
Globalist Billionaire George Soros Weighs In: “It is Necessary to Think the Unthinkable” Thumbnail

Globalist Billionaire George Soros Weighs In: “It is Necessary to Think the Unthinkable”

Posted on Sep 19, 2011 in Economic News, Federal Reserve & Bankers

Kevin Hayden –

Source: SHTF Plan Mac Slavo

George Soros, billionaire financier, chairman of a Cayman Islands based private hedge fund, and Grand Master of the world’s chess board, is weighing in on the European crisis and details some of the problems faced by Europe, as well as some proposed solutions. Love him or hate him, Mr. Soros is a major player and holds significant influence, therefore we stress that his comments should not be ignored.

By all accounts, the situation in Europe is very serious, though news coverage suggests (and has continued to suggest for nearly two years) that the crisis is just days from a final resolution.

While Europe is an ocean away and their problems are seemingly isolated to only the Eurozone region, we simply cannot ignore the implications of a European collapse on the American economy. History provides a clue as to how bad things can get even when the triggering events happen in other countries. While we often look back at the catalyst for the Great Depression as being the October 1929 stock market crash, the reality is that the Great Depression went global and full force when European nations defaulted on their debt obligations and their economies crumbled.


Continue ReadingView Comments (2)
The Coming Collapse: “We Can Buy Time, But We Can’t Change the Outcome” Thumbnail

The Coming Collapse: “We Can Buy Time, But We Can’t Change the Outcome”

Posted on Sep 18, 2011 in Economic News, Federal Reserve & Bankers

Kevin Hayden –

Source: Yahoo Finance – The Daily Ticker

Hayden’s Note:

It is interesting to note that this program was sponsored by ScottTrade and appeared on Yahoo Finance.  Just some food for thought…  It’s becoming a mainstream, legitimate concern.  What have you done to hedge yourself against a potential collapse?

The Ayn Rand Institute held its annual “Atlas Shrugged Revolution” dinner Thursday night in New York City.

In attendance were a number of financial luminaries and hedge fund managers, including Peter Schiff of EuroPacific Capital, John Tamny of RealClearMarkets, Dmitry Balyasny of Balyasny Asset Management and Scott Schweighauser of Aurora Investment Management.

The setting was the tony St. Regis Hotel on Fifth Avenue but there was nothing pleasant about the primary message coming from both the speakers and those in attendance: Western civilization is heading for hell and a hand basket, just like Rand predicted in her seminal novel.

In the accompanying video, ARI president Yaron Brook tells Henry why Rand’s devotees believe the global economy is “heading for collapse.”

In a nutshell, Brook believes politicians and policymakers have “no solutions” for the problems facing the globe....

Continue ReadingLeave a Comment
web counter