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
I dont think long term plans are practical for a lot of us, one of the prerequisites for a true long term position is property ownership which has been placed nearly out of reach for most.
The better strategy for most people i think is to be nimble, have some supplies cached, safe locations planned in advance, staying alert and being prepared to bug out at any time.
Personally I'm not sure it will be possible to plan a long term residence because when shtf happens there could be a pretty good chance you have to abandon it anyway depending on where you are and whether you get lucky or not.