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Post by avordvet on Jul 23, 2012 4:55:13 GMT -5
Everything You Need To Know: The Economic Collapse for Dummies *Micro Documentary*Mac Slavo, July 22nd, 2012, SHTFplan.com With rampant fraud throughout the financial system and price fixing of unprecedented proportions in global stocks, commodities, interest rates, business loans, mortgages and personal loans, it is only a matter of time - perhaps one to four years according to Ameduri - before all of the machinations engaged in by governments, central banks and their financial industry cohorts to stabilize the system does exactly the opposite. The panic of 1929 will be a walk in the park compared to the utter pandemonium we will witness as the entire way of life we have come to know over the last three decades crumbles before our eyes.www.shtfplan.com/headline-news/everything-you-need-to-know-the-economic-collapse-for-dummies-micro-documentary_07222012
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Post by busboy on Jul 23, 2012 10:52:53 GMT -5
We will likely see an increase in buying power, just before the wheels come off this economy.
A preparedness minded person would be wise to make the purchases they need, for long term survival and functioning.
It is interesting to see some coming to the realization that this coming economic turmoil is going to be a deflationary process, not the hyper-inflation scenario many have hyped up.
The end won't be much different, but the path will be.
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Post by NCFREEDOM on Jul 23, 2012 13:50:09 GMT -5
Deflation and hyperinflation are not the opposite of each other. They both can occur simultaneously. Deflation is a function of assets value, supply/demand in the economy etc. Deflation and general inflation are related. Hyperinflation is a pure monetary function, where the currency of a country is massively increased destroying it value. When you hear the Fed talking about deflationary trends they are talking about housing, autos, etc not commodities such as food, fuel, medicine, etc. The response is typical to increase the money supply to compensate.
Hyperinflation occurs when the currency value is destroy, a la Wiemar Republic. The German currency achieved a worthless status in the midst of depreciating assets.
Hyperinflation-Depression is a strong likelihood. Declining assets values with a massive monetization of the debt, destroying the US Federal Reserve Note.
The worst case scenario for the US Economy is a hyperinflation-deflationary collapse
just mt take
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Post by avordvet on Jul 23, 2012 16:20:52 GMT -5
The Dow Jones industrial average, after falling 239 points earlier in the day, ended down 101.11 at 12,721.46. Yields for U.S. government bonds sank to record lows as traders sought the safety of American debt.2nd triple-digit loss for Dow in 2 daysBy BERNARD CONDON Adding to the jitters, a Chinese central bank adviser forecast that China's economic growth could slow from its second-quarter rate of 7.6 percent, which was already the slowest in three years. hosted.ap.org/dynamic/stories/U/US_WALL_STREET?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-07-23-16-50-35
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