Monday, April 11, 2011
Economic Collapse: Be Prepared by June 2011!
By Reginald Kaigler (DEMCAD)
I am convinced that the economy is on the verge of its next phase of collapse. In 2008, Trends forecaster Gerald Celente's words of wisdom is one of the main reasons why I woke up and started to see how serious this economic situation was becoming. Celente has successfully forecasted the 1987 Stock Market Crash, the Collapse of 2008 and many other world-changing events. So when this man speaks, I listen very carefully. Celente recently released a weekly video report and I consider it to be required viewing for anyone who wants to be prepared by what's coming next.
"In my more than 30 years of trend forecasting, I've never been more overwhelmed nor more concerned than I am today. The United States, France and the UK have lead the world into the first great war of the 21st Century,"
Frankly, I think it's the most insightful three and half minutes that I've ever seen from Gerald. His stern warning, along with the escalating raise of food and gas prices, the continued weakening of the dollar against gold and silver (and real commodities), the mass firing of public employees (across the nation), the collapse of city governments, the devastating (but inevitable) crashes in state government revenue, the continued lost of full-time jobs, the growing population of (44 million+) food stamp participates, the depression in the housing market and expansion of the 1.5 trillion dollar record deficit has lead me to conclude that the U.S. economy is heading for a severe downturn this year.
Qualitative easing (dollar printing), stimulus packages and bailouts have clearly failed to stimulate this zombie economy. The government is out of tricks. I sincerely believe that the government's ability to deceive the masses will fade beginning this summer. This is why I'm buying a low end WASR 10/63 AK-47 instead of a fancy version.
Walmart CEO recently warned of serious inflation in the coming months. If I try to save for a fancier gun, the price may increase every month and put the gun out of reach. Even the WASR-10/63 will increase in price. Right now, I'm focusing on getting the damn rifle and some ammo. Practice a little and load up on more food and water.
If you don't know anything about prepping, please view my emergency video and it will get you started in the right direction. Please listen to me when I say it would be wise to be prepared by June. Even Michael Ruppert agrees that the collapse is imminent. I'll embed his latest video below.
"We have until July at the latest to prepare for complete economic pandemia along with the social unrest that has been building....Quarterly earnings reports are the foundation of how the stock market works....the one thing that can never be fudge...are quarterly earnings reports," Ruppert warns.
Essentially, Japanese companies are failing to provide key products for manufacturing across the world. GM, Toyota, German companies and industries across the world are being impacted. Many companies can not produce products because they can't get the electronics from Japan.
The earning reports being published in June and July will be impossible to manipulate. Ruppert warns that the world GDP will collapse. The market is over-leverage and Japan has killed growth across the world. Bottom line: the stock market will be in a world of trouble, the bailouts that were issued based on the assumption of growth will lead to an economic disaster.
I don't care if you agree with me on political matters. I don't care if you're a Republican, a Democrat, a liberal, a conservative, gay, straight, bi, Mexican, White, Black, Asian, whomever. Starting buying food and water, now! I don't think the world is coming to an end. I don't even know when the crisis will begin, but I'm going to make sure I'm ready by June.