I am seeing more and more info from the financial sources I follow that a recession is on it's way followed by hyperinflation. Also seeing it on more mainstream places so I'm guessing it is true. Batten down folks.
That is reported on day after day. Its like chicken little. lol every day the "experts" give predictions that IT ( whatever IT is) is coming soon. lol for the last 10 years the "experts" were saying : " It'll happen next year", well it didn't. smh
It doesn't change anything I'm doing. I've tried to prepare for that possibility and also if it doesn't happen. So, either way.....it is what it will be.
It sure sucks for my cash reserves, but my silver and physical assets will love it.
I really dislike sarcastic people. they just make fools of themselves and make others avoid them lol
Links, sources?I am seeing more and more info from the financial sources I follow that a recession is on it's way followed by hyperinflation. Also seeing it on more mainstream places so I'm guessing it is true. Batten down folks.
Really. Us too. We worked hard to be out of debt now. I have a monthly $200 CC bill that I pay off every month and thats it besides the electric bill and cell phone bill
I really dislike sarcastic people. they just make fools of themselves and make others avoid them lol
I'm not really sure what this post means??? I don't know if you truly agree with me or you think I'm being sarcastic, since you posted in response to my post. Just to clarify, I wasn't being sarcastic at all. I'm not someone who has a ton of PM's, Cash, assets, IRA's, etc.....but I do have a bit of everything, so that I feel like I'm somewhat covered no matter what happens. I've worked and sacrificed my butt off for many years to try and make sure my bases are covered no matter what happens, even though I know that is pretty much impossible since nobody knows what the future will bring.
I believe it is fair to say that it is true the financial folks have been saying since 2008 that a recovery never happened. A can has been kicked to cover this financial bomb for 10 years now and many credible financial folks have been surprised that those in power have been able to paper over, cover up, steal, swindle and scandle a façade of fiscal well being for so long.
More and more people are waking up to the shenninigians and in my opinion it seems like the last few years it has been a matter of a slow unwind. It seems a precarious worldwide downtrend to a complete reset, when the us dollar goes to poop..so does every fiat currency it seems and away we venture to worldwide 3rd world status. Now ..the bushman in Africa could probably give a you know what..but a lot of countries enjoy power , trash service, flushing toilets and grocery stores. I know this is a simplified response, but..I know most of you all get the drift of what Im saying.
It is frustrating to keep hearing folks say financial doomsday is soon..but Im grateful I've had this long to continue to prepare, learn more , move to a better location, secure a good paying job here and establish myself in a great little community.
I feel very luckly , blessed to have more time to get ready..In my opinion the unwind has been happening for a lot longer than 10 years..in more ways than financial. Any time I have left to continue to learn to live and prepare myself to survive harder conditions is welcome. The fact that credible financial experts are surprised that it hasent happened yet just tells me they have a hard time thinking in scandalous deviant ways unlike those that conjure up scams to keep kicking the can to screw Americas financial future.. I don't fault them for not being toads..
1970's the "experts" was telling us that the world would run out petroleum in 10 years.
When comet Hale-Bopp appeared in 1997, rumors surfaced that an alien spacecraft was following the comet. These claims inspired a San Diego UFO cult named Heaven's Gate to conclude that the world would end soon. The world did indeed end for 39 of the cult members, who committed suicide on March 26, 1997.
Y2K. Gun sales jumped and survivalists prepared to live in bunkers, but the new millennium began with only a few glitches.
Harold Egbert Camping a Christian radio broadcaster said the Lord would return to earth om May 21, 2011.
Al Bore (another self proclaimed expert) claimed the North Polar ice cap would be ice free by 2013.
Hello! I'm still here. Still have a roof over my head, food on the table and a warm dry place to sleep.
...I just muddle along quietly preparing for the worst.....
JAC: I learned a lot over the years from Mr. Manarino..doesn't always get timing right , but in my opinion he has a fairly on spot handle on the financial haps and he is a pretty down to earth, cool guy! I like who Greg Hunter on USA watchdog interviews too..lots of very interesting people on his show..If you watched Greg Manarino, Im sure you must have heard of Greg Hunter and the other folks he interviews? check it out if not..
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