Posted by
Steve on Friday, November 18, 2011 10:51:19 AM
We are coming up to a time never before seen in the world. It appears that Europe will have an economic collapse. If Europe has an economic collapse, then the rest of the world will likely suffer the same fate. The reason for this is that back in the 1950’s someone came up with a plan to eliminate wars like World War II. It was based on the Mutually Assured Destruction that was in play between the US and the Soviet Union. It is called, Mutually Assured Economic Destruction. It means that if one country fails, then all other countries potentially could fail. The idea was to prevent countries from waging war against other countries for fear of destroying their own economy.
Europe is facing destruction. Their only reasonably strong member is Germany. Germany is faced with the choice of destroying herself to save Europe or saving herself and allowing Europe to fall. Neither option is good as the German economy is so tied into the other European economies. The Germans have the money and the discipline to get their European neighbors on track, but to do that will almost surely destroy their economy. Their other option is to go back to the Deutsche Mark and cut their ties to Europe. This might save Germany by insulating her from the economic collapse that will surely happen if she pulls out of Europe. But, without the rest of Europe Germany would be hard pressed to continue to prosper. That would probably just push their fall further down the line, so instead of failing now, they would fail later.
If Europe fails, America is in deep trouble financially. We are already over stretched financially. Any little thing going wrong could send us into a depression. Europe failing would undoubtedly cause the US to suffer financial hardships. Europe failing would most likely cause the US dollar to fail. If the US dollar fails, then the rest of the world will be in rough financial shape. Bartering between countries would be the only way to continue international commerce. That would be highly speculative.
There are a number of things that need to happen to trigger all of these events. I am not a financial guru of any type. I have to rely on those who have financial knowledge greater than mine. But, they also have to have a realistic view of the world. They cannot have the liberal mindset that everything will be fine because we are the United States.
Glenn Beck has been talking about this for some time. Since there is little we can do as individuals to stop any collapse, we have to prepare for any possible outcome. We do that by stocking up on the things that will keep us alive, namely food and water. We also have to have a safe place to live if everything starts to fail. We do not want to get caught up in riots and killed for being in the wrong place at the wrong time.
Next on the list of things to do to prepare is to have some sort of a defense against looters. I watched a survival show last year because a friend of mine was participating. The one thing the group had a problem with was defense. There were artificial rules in that show that there would be no weapons. In real life, there will undoubtedly be weapons used by looters. So, I would advise you to become armed and know how to use it.
The last thing is to have something you can barter with. Gold and other precious metals have always been great for barter societies. But things that would be highly prized during times of want would be alcohol, tobacco and medical supplies. Stocking up on these commodities would enable you to barter with valuable items to get things you need.
From the experts I have heard, this time of chaos will probably only last 3-6 weeks. That is not a long time, so you don’t have to store a year’s worth of water. But it might also be good to store enough so you can help other people. That would be the honorable thing to do.
If you can weather the storm you will end up stronger and in a better position than when you went into this problem. I hope it never happens in my lifetime or actually ever. But, you have to be prepared. The signs are everywhere that something big is going to happen soon. A quote I heard says, “Plan for the worst and hope for the best. That way you will always be ready.”