The coming chaos | 4dtraveler - 0 views
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accurate view of the big picture, resulting in a diminished capacity to carry about your business effectively
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All the meanwhile, the entities causing the inflation want to cover their tracks, so information given to the public is doctored, while official news bites are false, designed to keep the populace calm, to keep them from acting in their own best interest.
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This requires work, so most people, being busy, go with the flow and in doing so no longer have that ’more accurate’ larger-view of the future they once held.
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And this is why during the last 70 years we’ve gone from a condition where one worker could support his family, to a time when it took both Mom and Dad to support the family, and now takes Mom and Dad, credit cards, and maybe a 2nd home mortgage to provide the same
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If you prepare for a man-made crisis, you will be on the same path as some one preparing for natural disasters: hurricanes, power outages, etc. Man-made vs. Natural disasters differ mostly by scale and duration. [Mr Larry]
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If one very large, or several moderate to large (Volcanic Explosivity Index) volcanoes go off, we may experience very muted daylight for several seasons to a year and unable to grow enough food for even the prosperous nations.
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How would your finances hold up in a currency crisis where the dollar rapidly lost much of its value?
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Don’t rely on your Insurance company for anything more than a check. Insurance is about money, it’s not their job to repair your home or put your life back in order. While some might refer you to local contractors, many do not, and in times of overwhelming need, both adjusters and contractors are going to be hard to come by
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Debt will become a millstone around people’s necks and bankruptcy will no longer be possible at some point
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In the future the consequences of unpayable debt could include indentured servitude, debtor’s prison or being drummed into the military
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The essentials will see relative price support as a much larger percentage of a much smaller money supply chases them
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We are headed eventually for a bond market dislocation where nominal interest rates will shoot up into the double digits
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There should be no lasting market bottom until at least the middle of the next decade, and even then the depression won’t be over
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Political structures exist to concentrate wealth at the centre at the expense of the periphery, and this happens at all scales simultaneously
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38. Taxation will rise substantially as the domestic population is squeezed in order for the elite to partially make up for the loss of the ability to pick the pockets of the whole world through globalization
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You may come to realize that what you thought was valuable and important to you has no value or significance at all