Six likely events that will follow an economic crash.
The most pessimistic view: Six likely events that will follow an economic crash.
I have doubts about some of the predicted events, but I have no doubt about the precarious state of the United States’ financial situation, as described here. Nothing good can come from this. Nothing.
The support of my readers through the years has given me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Four years ago, just before the 2020 election I wrote that Joe Biden's mental health was suspect. Only in this year has the propaganda mainstream media decided to recognize that basic fact.
Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Even today NASA and Congress refuse to recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
Please consider supporting my work here at Behind the Black.
You can support me either by giving a one-time contribution or a regular subscription. There are five ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation:
5. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above. And if you buy the books through the ebookit links, I get a larger cut and I get it sooner.
The most pessimistic view: Six likely events that will follow an economic crash.
I have doubts about some of the predicted events, but I have no doubt about the precarious state of the United States’ financial situation, as described here. Nothing good can come from this. Nothing.
The support of my readers through the years has given me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Four years ago, just before the 2020 election I wrote that Joe Biden's mental health was suspect. Only in this year has the propaganda mainstream media decided to recognize that basic fact.
Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Even today NASA and Congress refuse to recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
Please consider supporting my work here at Behind the Black.
You can support me either by giving a one-time contribution or a regular subscription. There are five ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation:
5. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above. And if you buy the books through the ebookit links, I get a larger cut and I get it sooner.
The way the treasury is printing money to monetize the debt hyperinflation will be next. I believe the Chinese currency will collapse just prior to our own. Time to invest in precious metals! Lead and brass!!
I have to wonder if the wars in Iraq and Afghanistan were seen as opportunities to train our troops for domestic urban pacification. Add to this the recent distribution of surplus armored vehicles and weapons to small town america. Not good.
Actions by the current administration seem committed on pushing us off of this fiscal cliff, prior administrations have been pushing at this also. In the 1970’s the united states government gave Japan the steel industry to prevent Japan from turning communist, at the expense of domestic steel production and the middle class, this lunacy to make the rest of the world like the U.S. is not to the advantage of the middle class.
I agree with the Jetjockey that precious metals is the way to go right now, although my choice is silver. Lead and brass will have increased demand as well, but it just takes so much of them that storage would be a problem. Paper money is only worth the value of the paper and ink; silver and gold have intrinsic value. Furthermore, you have to possess the metal – silver and gold stock certificates are just paper. Buy it in small enough quantities, over a long period of time, to leave no paper trail.
A lite example today of what may be tomorrow.
http://boston.cbslocal.com/2014/01/21/nh-thieves-raiding-woodpiles-for-firewood/
I think this guy, Harry Dent has the best approximation of whats to come. He bases much of his projections on demographics.
http://survive-prosper.com/
No.