If you're in a city, get the fuck out.
If you're in a blue state, get the fuck to a red state.
Washington DC is under military guard for a reason. Make no mistake about it.
The US has taken on 7 trillion (11 maybe?) in debt in the past year. That's about what Obama spent in his entire term. Do not think this is an accident.
The US housing market is being forced into low inventory to raise prices by government mandated moratoriums, these moratoriums will end June 30th 2021. When that happens the first domino falls.
You need to understand what the word forbearance is and how and where it's used. Housing, student debt, federal loans. A lot of people own a lot of money right now. Soon payments will be due.
The stock market is a clown show, unemployment is at 6.3% and stores are closing left and right. Manufacturing are moving to other countries. There's absolutely no data that says the market should continue to rise.
What happens when certain sectors of the market start crashing? More will follow. Your retirement will be liquidated.
What happens when housing prices start crashing? You could lose your home or become underwater.
Well the feds can just lower rates... right? Not this time. The only tool left is for the fed to print money. And their printer has been going non-stop.
None of this is sustainable. Look around, the warning signs are everywhere and the media isn't telling you about it.
They've been busy promoting rioting and crimes against you and your cities and infrastructure and your businesses. Next step is to financially ruin you.
I don't know what is going to happen pedes, but I see no positive indicators. Not dooming here, try and find any positive indicators. They don't exist.
Get out of your comfort zone and get somewhere where you can wether this storm.
Buy ammo. Buy bitcoin. Collect rainwater. Hunt for or grow at least some of your food. Have cash on-hand.
This thing we call modern society is an anomaly and shouldn't be taken for granted. Always have a plan.
It probably would be a good idea to stock up on non-perishable food and put together a bug- out bag if you haven’t already.
That's great for short-term. I would suggest setting yourself up for the long term as well.
We're not looking at a week or a month here, this will be several years of fuckery.
Remember when Obama halved the stock market in 2007? The Dow Jones went from 14,000 to 7,000 in just over a year. It ruined a lot of people financially. It didn't get back to that point until 2013.
I am not Nostradamus or anything but we're starting to see these same warning signs. Then it was risky mortgages, people couldn't pay. Now it's forbearance, and it's looking like people aren't going to be able to pay. This is why they want to forgive federal student debt.
Get out of risky positions and situations, wether they're physical or financial.
Obama wasn’t president in 2007
to this day i truly believe the financial crisis of 08 had more to do with the market expectations of Obama (socialism) coming to power. The market discounts things well in advance. The market knew what was coming. I think the market now is a huge bubble, investors are in disbelief at what is happening and can't bring themselves to sell. But once it starts it will be furious
That's when he was elected, it didn't happen overnight.
Nope, he was elected in 08
Traps are silent. Guns give away position. 5 pack of rat traps will go a long way.
Bow and arrow also.
There are quiet air powered .22 and .357 rifles on the market now. You need an air compressor to recharge the cannister that is good for about 10 shots. It comes with a hand pump if you really want a good workout. The projectiles are not as popular as bullets, but they are lead so you could cast them yourself.
There are also some that fire arrows like a crossbow but all air powered in a rifle form.
I agree with a lot of what you said but the housing market will not collapse. People aren't going to be able to snatch up property at good deals, property will continue to rise and the barrier of entry will continue to rise. They don't want people owning their own private property, either.
Seems like a good thing for mostly foreign investors.
So, stockpile ammo, food. Wouldn't gold be better than cash?
Yes. Cash will be worthless, just like Venezuela. Silver for barter, gold for wealth preservation once society restarts. In the meantime food, ammo, water, and land are the essentials.
I looked into buying land in hunting areas. They all want to sell with the caveat that they keep mineral rights. Huh? If I buy the land, and find oil, or a vein of gold then I want it!! The mineral rights clauses made me drop it
It can be tough to find property right now. All of the markets are inflated, so you're kind of screwed either way. If you have gold and silver, when the system resets (or crashes), you can at least barter and preserve your wealth, and potentially purchase land with it. Especially if a new currency revalues gold and they stop suppressing it's true worth.
Tradable Skills will be as good as cash. Being able to fix wiring, plumbing, 3d print a part, know how to fell a tree, etc.
Homesteading Skills will be needed to keep you alive when work is scarce. Growing, canning, foraging, herbalism, butchering, preserving, etc.
I agree with everything you have said but I do have some questions. When the shit hits the fan and it all goes down, what protects the elite? Sure the Capitol is fenced in but do we honestly think those elitists will live on the Capitol grounds? They have to realize once they step outside of those gates, they are toast. What does government gain by acquiring foreclosed homes if no one can buy them? Yes, forbearance will come due soon and yes that will increase the inventory on housing but if everyone is unemployed and the dollar is worthless and credit is unavailable, how much loss can a lending institution write off and for all of those homes that were purchased under VA, how much can they endure? I think what I am getting at is, while all of your scenarios are very plausible, what is the end game for our Totalitarian opponents?
A totalitarian government cannot exist without a demoralized populace.
Ask yourself this, how does China feel about the United States in financial turmoil? We just had an election stolen from us, in plain sight. What stopped them from doing this? Nothing. So what'll stop them when they walk outside of their gates? Hate to say it, but going on recent history... Nothing.
I'm not trying to go all hyperbole and saying the end is neigh, I'm saying we've been living a little too well and it's time to buckle up and be prepared.
Housing will go down, potentially into a crash situation. It'll drag the market down. Your retirement will suffer. Cities will become more dangerous. Do what you can now to prepare for this. We'll have better days again.
They won't throw people into the streets, Biden will just print even more money.
That's their only option at this point, and that leads to inflation.
... which the market has just begun to get a whiff of (10 yr bond yield). Investors are still in disbelief though, they are not really believing it will happen. Thats why it hasn't shot up higher
Mostly because all the talking heads in the media keep saying it won't happen. Reality is, it can't not happen.
In the blue states like Jersey where I am at, Totalitarianism has taken hold not with a demoralized populace but with a compliant one. They aren't demoralized at all, they think this shit is great. As for the cities, I agree. It is time to hightail it out of any urban center as they will become ashes and cinder in very short order when the shit hits the fan. I think housing goes down only because the supply will be stronger than the demand with all of the foreclosures coming on to the market. The next 4 years could be the greatest case of the "rich getting richer" in history. I also see a potential splintering of the nation very much along the lines of the Union/Confederacy. The biggest difference being the Southern states are the free states and the Northern states being the slave states.
South states were always the free states- even in confederacy.
True but for the lower education folks out there, it is easier to make the "Free State-Slave State" comparison to make it easy for them to grasp.
Except it's not. I live in one of the few Republican counties in New Jersey and we fall under Governor Goofy's bullshit. So even though we are of a "Free State" mentality, in reality we live in a Slave State.
I fully expect the chinese to start buying those foreclosed homes tbh.
Interesting thought. Ok, they buy them, what do they do with them? Who are they selling them to?
Well when millions die from the vax shots side effects over next couple years who will occupy the now vacant homes of the dead? China has a extra hundred million folks who they would love to colonize North America with.
Why would they sell to anyone? Hold them, give them to their kids, tell their puppets to turn them into section 8 housing, whatever.
They will be forced to sell for the same reason real estate investors sell. Because local tax boards don't give 2 shits who owns the property, they want their municipal tax burdens paid. How long will the ChiComs pay taxes on properties unlived in and not producing rental income? One property is manageable but thousands of properties with municipal tax burdens will be both crippling and a foolish investment.
Lol the people who didn't stop the steal ain't gonna do shit. Ammo is scarce too.
They want us dead. I do not mean just America.. or just whites. I mean they want billions of people dead. What is to profit from that? They already have everything. Thinking about profit is small minded for poor peoples. The elites want a reset of earth to a low population so they can have all the playgrounds to themselves and the rest of the people can be slaves under their feet.
The Rothschilds own half the planet. They are tired of all the idiots messing up THEIR back yards. Tech has come far enough now that they can automate almost everything. They do not need us. We are cockroaches to them. The total distructionn of the worlds monatary system will not faze the super wealthy. Because they own all the real wealth. Paper is not real wealth. These vaccines.. a means to their ends. Rip sheeple.
lol buy bitcoin? You think if shit does hit the proverbial fan that tptb will let you keep your bitcoin or that you will even have an internet to use it on or they won't just crash the market? industrial investors and China own way more bitcoin than your average person and we already know how they feel about those not in their circle.
Bitcoin is less real than the dollar, such a fucking joke in a crisis. If a solar flare comes there goes all that Bitcoin.
I’ll take guns and ammo over both. Then I can sell them to whoever has the currency worth the most
Learn an applicable Skill. Fucking anything dear god bros it's time to level up IRL. Lift weights, do some cardio, eat right, get together with you like minded friends. And LEARN A NEW SKILL.
I agree with your post. I luckily own my home outright, but that doesn't mean shit. They can just crank up property taxes substantially until they're unaffordable and one has to sell and it's off to subsidized dangerous neighborhoods, concentration camps, or homelessness I suppose. I see it coming like it already is happening elsewhere.
Right. And after they crash the dollar they implement a cryptocurrency, and if your social credit score is not up to par, they fine you and confiscate your digital wallet. Then you can’t pay your taxes and they take all your shit.
The moment a country like China or a company like Google configures their quantum computers to mine/crack bitcoin, the party is over, bitcoin becomes worthless and all the alt-coins would fall in its wake. Just imagine what would happen if within minutes all the rest of the bitcoins are mined and there's no longer a financial intensive to keep the infrastructure going...
Sometimes I wonder if China already has the tech and they are just pushing the fad to eventually tank the dollar
ethereum and cardano are already putting in fool proof stops to this, they have thought about this long before anybody can create a quantum computer for this. however nobody seems to be talking about how 65% of bitcoin miners are in china and can do a double spend attack AT ANY MOMENT and make bitcoin null and void.
american institutions, tesla, banks, investing companies, all the retail investors money would vanish. or at the very least do chinas bidding at the threat of china vanishing their money in an instant. when people begin to flee the dollar into gold or bitcoin, its a lot easier for people to get into bitcoin then to buy gold.
There is not an infinite supply of Bitcoin and 18.7m of the total 21m available has already been mined. The power required to continue mining Bitcoin currently costs more than what it's worth.
Lol bitcoin
I seriously don't get it either. We reach the point where we are collecting rain water and guarding our potatoes with rifles.... But make sure you have some bitcoins to order a solar panel on Amazon prime
Bitcoin is an investment that may prove to be inversely proportional to the US dollar (it isn't currently) and it's just as good as cash in some places. It's a commodity that can be traded. Diversification is never a bad thing.
I get it, and I'm not totally against crypto, but in some dystopian scenario where people are trading bullets for food and water, I have zero faith in a currency that relies on power and internet.
Fuck bitcoin. Buy silver.
crypto currency is actually a way out of the system, bitcoin, monero etc, you can build decentralized websites and applications on top of ethereum or cardano that cannot be taken down, DDos'd, or censored. HOWEVER, if you look at all the bitcoin miners, 65% of them are all in china, and they definitely all work together under the CCP, so when people begin to flee the dollar they will go to bitcoin before gold most likely (unfortunately) then there will be a massive rug pull because china can do a 51% double spend attack. As much as i see crypto being a freedom for us, i have yet to see any of these fuckers on youtube actually talk about it and address the OBVIOUS threat that is there. it will be beneficial for both china and the federal reserve to get bitcoin out of the way. But yes, SILVER!!!!
I think bitcoins a trap, anybody buying now is chasing fomo. Gold just had a double bottom and once the btc bubble pops (probably this summer) that money is going to look for somewhere to go, and if it preferred the stock market, it’d already be there. I get that btc is a tenth the market cap of gold, and im not saying btc will go to gold. But the tumbling stock market will, and that combined with a tumbling btc will make for exciting times in physical objects
gold is undervalued, and silver as well, mostly due to price manipulation from jp morgan etc. the BTC bubble "pops" every time after the bull run, the bull/bear cycle revolves around the halving time of bitcoin, the last time it halved was in june 2020 i believe and the next time will be in 2024, where another bull will begin and "pop" again after its done. i agree with you though, it can be rug pulled, however i dont belive the intention of its creation and its purpose is to be a scam. if the stock market crashes, and we're in a depression, people will run back to gold and bitcoin. the only possible options are the 51% attack i was speaking of, cutting off the power (which is definitely still on the table), and banning people from owning it (although people will find ways around it and that wouldnt really do anything to it)
I like the tone of realism in the post but I’d like to add some thoughts-
the elite are having way too much fun fucking kids and enjoying their wealth. I don’t think they will fully crash the economy or destroy America to the point it can’t be salvaged. Instead I think they will keep everyone in perpetual poverty and strife and fear but still have them working the fields.
as elsewhere mentioned- BTC becomes worthless if electrical grid collapses. At least short term unusable.
trying to time the market almost always fails. It could go on in an irrational bullrun for 10 more years for all we know. Gold price could return to sub 1000s. Who knows.
housing price may crash but holding onto the dollar might be worse.
Last year should make it clear to everyone that having supplies on hand for shortages is crucial to their wellbeing and that of their family. It's only a small leap from there to being a "prepper". Sadly its a title with some negative connotations and brings to mind a tinfoil hat wearing dude with his phone in a faraday cage to block its spying while watching out the window for government goons who are after him... wait a second...
Invest is stuff, but also invest in skills. Growing a garden is harder than it looks until you have some seasons under your belt. Canning is hard work and you have to practice it. Mankind must have basic skills to sustain itself in the event that this carefully constructed house of cards comes down. Don't get me wrong, it will be rebuilt, but it can take time.
Preach Brother!
Imagine having a retirement account where you can't immediately stop all losses in the course of a minute. Get all your money out of non-app roths/ira/401ks. They're literally a scam. Even a retard can grab a beginner robinhood account and make 30% a year just diversifying random nasdaq stocks.