I usually find that my inspiration for writing comes from the news of indicators of hard times that most people don’t seem to be recognizing or even paying attention to. Usually I reference articles and give my thoughts on them. Over the last few days though, I just see more of the same indicators coming from the news media. I haven’t read anything lately that shocked me. I still feel like I had to write something today. I still continue to get a very serious feeling that we are in for some trouble. Having said that, I don’t believe we are in for it yet. I think we might see a recession start anywhere from 3 to 9 months from now. Even though I already believe we are in a recession, I think the majority of people will actually start to personally notice it within that timeframe. They will feel it because of higher prices, more lost jobs, continuing home equity loss and foreclosures, etc. I think by the time December rolls around, we will see the first of many black Christmases.
Now, even though we will start to sink into this recession, for the most part, I don’t think the average American will be hurt too badly or will panic at first. However, I personally think that after continuing to hear gloomy news about the economy of the world’s only super power, and as the dollar continues to fall against all other major currencies, foreign central banks, foreign businesses, and international organizations will finally have had enough and they will try to divest themselves of the U.S. dollar. (We are already starting to see some of this.) For example, eventually the Chinese government will quit suppressing it’s currency. Other OPEC nations will unpeg the U.S. dollar from oil except for maybe Saudi Arabia. (In other words, they will start selling oil in Euros or Yuan.) All of this will expose the dollar for what it is — a very seriously dilluted currency brought about by our government’s spending policies and the Federal Reserve’s monetary policy. Combine this with the already precarious situation that we are in of not having any household savings, a significantly decreased ability to produce, and worst of all, the breakdown of the family and our overall moral decline… it all leaves no doubt in my mind that we are in for some very serious times ahead. In other words, the zombies will come.
It’s impossible to predict if this is in 9 months, 2 years, 5 years or even 10. I read a quote of somebody who had lived through the collapse of a currency and he said it was unbelievable how fast it happened, it was like lighting. The Great Depression destroyed the as much wealth that had been created in the previous 70 years in 3 years worth of time! Can something like this be stopped? Yes! I hope it will be. However, I don’t think our nation has the political will to bring about the changes necessary to prevent it. I believe that we will not have years of solid economic surplus for quite some time. So what should we do? WAKE UP PEOPLE!!! Stop caring about American Idol and start searching for the truth. Protect yourself. Now is the time. Even if you have virtually no money, you can prepare yourself mentally, spiritually, physically and financially for what will come. Start saving more and more and stocking up on food little by little. If I’m wrong what have you lost? If I’m right… well, as Peter Venkmen said in Ghostbusters: “If I’m wrong, nothing happens! We go to jail – peacefully, quietly. We’ll enjoy it! But *if I’m right*, and we *can* stop this thing… Lenny, you will have saved the lives of millions of registered voters.”
Okay that last quote made no sense. But the bottom line is: now is the time to prepare, we are in the calm before the storm.
Skip a lunch, maybe the $4 starbucks coffe a few times, save the money and buy a handful of silver coins. We all need to take finacial responsibilty seroisuly in these coming times.