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(Natural News)—No matter how many wads of chewed gum the powers the be (TPTB) try to stuff into the gaping holes of their financial Titanic, the ship known as the United States of America is sinking.
The temporary rebound being reported on August 6 is simply a momentary reprieve, it would seem, before the bottom falls out completely.
We may not know the day nor the hour, but it is coming – and it will take everyone by surprise. One day the markets will be “fine,” and the next day they won’t. Will the “experts” see it in advance or will it take everyone by surprise?
After plummeting by 1,009 points, or 2.5 percent, on August 5, the Dow rose by 294 points, or 0.8 percent, the following day. Both the S&P 500 and the Nasdaq Composite rose by one percent the same day.
The Cboe Volatility Index, also known as VIX, hit its highest level in four years on Monday. The last time things were this volatile in the markets was at the start of the Wuhan coronavirus (covid-19) “pandemic.”
(Related: Just in time for the election season, the world markets are going berserk – will the nation make it to Election Day without a major crisis?)
America’s financial Titanic is sinking fast
Talk of recession is increasing, with some pointing to a depression or worse once the cookie crumbles. Nobody really seems to know the full extent of what awaits the nation once the financial Titanic sinks, but we know it’s coming.
Japan’s market losses on Monday were worse even than the 1987 “Black Monday” loss. This foreshock, of sorts, is paving the way for the big one, which the “plunge protection team” (PPT) will be unable to delay, avert or dance around.
Ninety-three-year-old Warren Buffett reportedly lost $15 billion during Monday’s plunge, this despite selling off about half of his Apple holdings the previous Friday. Like many other billionaires addicted to money, Buffett is stockpiling Federal Reserve Notes (FRN) rather than stocks in anticipation of what is coming.
Meanwhile, Joe Biden is bragging on X about how amazing the economy supposedly is. He claimed to have “canceled student debt for nearly 5 million borrowers through various actions,” as well as “made the largest increases to the Pell Grant in a decade.”
Nobody wants to admit that anything is wrong as they instead choose to embrace the fairy tale that all is well. And it would seem that most Americans have bought the lie hook, line and sinker.
The money masters are screaming for the Federal Reserve to slash interest rates so they can keep the Wall Street casino open, but doing that will lead to even more inflation, and eventually hyperinflation once the dust settles.
There is simply no fixing this corrupt fiat currency system as it enters the final stages of its inevitable demise. The only question is when will the bottom finally fall out for good?
“One thing is for certain … the rich don’t stay losing money for long,” one commenter wrote about how the whole thing is clearly rigged for the upper crust. “These drops create massive opportunities and windfalls for the wealthy. Make no mistake.”
“We are already in recession and are on the cusp of something much worse,” wrote another. “And yet every economic recession brings government subsidies to the banks and corporate thieves under the ‘too big to fail’ scheme.”
“The 90% have seen their wages and wealth redistributed to the Bezos types and it will only happen again.”
The latest news about the upcoming election and the threat of a global financial meltdown to precede it can be found at Collapse.news.
Sources for this article include:
Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.
