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Showing posts with label Financial Armageddon. Show all posts
Showing posts with label Financial Armageddon. Show all posts

Wednesday, October 23, 2013

Dragon Day: A Movie That Will Forecast the Collapse

Dragon Day (the Movie) being billed as "Red Dawn for Intellectuals" just may be predicting how the coming collapse begins. This is an article by James Simpson on American Thinker on Dragon Day which opens 1 November in Theatres and just may serve to take people step by step through this possible? probable? catalyst for the coming collapse.

China, by far the largest single owner of U.S. Treasury debt, has been abandoning Treasury bonds to invest directly in U.S. land, building and businesses. Recently, China entered an agreement with the European Union to swap currencies, forgoing purchases of U.S. dollars -- the world's reserve currency -- to finance transactions. Both of these activities are a consequence of the risk associated with astronomical U.S. debt, almost doubled since President Obama took office. On October 11, China called for the world to be "de-Americanized," its leaders ridiculing Washington over the shutdown impasse.

It is against this backdrop of real events that Dragon Day, a tense thriller set to release November 1st, depicts a Chinese takeover of the U.S. after our government defaults on its debt. Dragon Day Director Jeffrey Travis says, "When I would pitch the film to people, I could rarely finish the logline before the reaction was "Oh my God, that's really going to happen". Our joke was we had to finish the film before it became a documentary.

Given where we are today, that may not be so funny.

The story begins with Ex-NSA engineer Duke Evans, who has lost his job due to the continuing financial crisis. Forced to foreclose on his home, he resettles his family (wife, daughter and sister) in a mountain cabin inherited from his recently deceased grandfather. They have barely gotten in the door when things start happening. Lights go out, the TV goes blank and a huge airliner swoops by at treetop level, erupting in a fireball on the next mountain.

The Chinese have launched a cyber attack. A secret computer virus embedded in Chinese manufactured computer chips has allowed the Chinese military to turn them off remotely. America's entire computer-based infrastructure comes screeching to a halt: power goes off, lights go out, autos and trucks stall, trains go off the rails and planes fall out of the sky.

Evans quickly understands what has happened. He was the NSA engineer who designed a secret government cyber warfare program he now realizes was compromised. He thought he was doing this for his country, but it turns out that many in government have been secretly working for the other side all along. TV service is temporarily restored, and the President announces what has happened, followed by an eerie red screen with the enemy flag symbol and announcement:

THE PEOPLES REPUBLIC WELCOMES YOUR ALLEGIANCE

Evans destroys cell phones and anything else that can lead the enemy to his hideaway. The country quickly reverts to pre-industrial conditions, and the movie offers a fairly realistic window into what would actually happen in such a situation. Stores are ransacked. People begin to starve and die of thirst. Roving bands of thugs begin robbing and murdering.

Anarchy rules. But you are offered escape. If you willingly attach a "Citizen's Freedom Band", presumably you will be spared further anguish. Urgently needed food and water are just around the corner, so you think. But instead it proves to be a high tech dog collar which will kill you if you move out of your assigned zone. Surprisingly, the local sheriff's office has a large supply of these, obviously obtained before the attack occurred.

Unlike Red Dawn and similar fare, there are no absurd heroics, or unrealistic depictions of the town forming a militia to fight off the Chinese hoards. This feels much more authentic. It depicts the kind of anarchy that reigns following major natural disasters, like Hurricane Katrina. Individuals and small groups might band together for good or ill, but organized resistance is nil.

There is no ability to communicate or travel, and food and water are almost nonexistent. Many people do what average citizens would do facing starvation and uncertainty, they put on the bracelets. It becomes obvious that many within government at all levels have conspired with the enemy, but it also becomes obvious that for most, their treason will not pay off.

While some might take comfort in the fact that this is "just a movie," according to Defense Tech, an American-designed, Chinese-made microchip used in defense applications was recently discovered to have a virus hardwired into it. The article states:

Basically, Chinese cyber spies can use the chip's built-in malware to decipher military passcodes and gain remote access to the chip and reprogram it to do their bidding; 'permitting a new and disturbing possibility of a large-scale Stuxnet-type attack via a network or the Internet on the silicon itself,'...

This discovery has led experts to worry that all Chinese manufactured chips may have similar vulnerabilities.

Furthermore, the events depicted in the movie are almost indistinguishable from what would happen following an Electro-Magnetic Pulse (EMP) attack. EMP is the result of either an unusually large solar storm or high altitude detonation of an atomic bomb. It roasts electrical circuitry. As in the movie, aircraft would fall from the sky, transportation would cease, and energy, food and water supplies would vanish. Iran has conducted missile tests believed to be test runs for EMP attacks.

Evans' neighbor Albert, a good friend of his deceased grandfather, has the only vehicle that still works, an old 1976 Ford truck, built before computer chips were used in autos, but this is quickly commandeered by the local police. Like most good characters in a movie however, the truck makes a reappearance later on.

There are some gimmicks the tech-savvy will enjoy. Albert brings over an old short wave radio, but the battery is dead. If Evans can just reach his old NSA boss, he knows he can get help. He rigs up a potato battery to run the radio. Don't laugh; they work! The only thing that bothered me was where the heck did he get all those potatoes?

It also bothered me that they didn't appear to be using the apparently plentiful potatoes as a source of food or water when these ran short. They could have, and did give a few potatoes to two kids who came to the door begging.

But this was a small detail. The movie was fast moving and kept me on the edge of my seat. I appreciated the realism. While watching Communist thugs getting blown away by vengeful high school kids in Red Dawn was gratifying, it was also unrealistic.

A genuine takeover would not go well for such resistors. Dragon Day depicted more of the things that would really happen: friends, neighbors and authorities turning against you -- even the U.S. military, I am afraid to say, as would likely happen in such a situation. At least it would now that Obama has purged patriotic leaders from the military. This movie showed a family doing its best to innovate and survive in a chaotic situation -- much more believable.

I don't want to spoil the rest of it for you so I'll just leave it there. If you are into this kind of survivalist, end-of-the-world-as-we-know-it type film, Dragon Day will not disappoint. The acting is convincing and the entire storyline, right down to the way different people might react in such a situation, really rings true. With all the stuff going on around us in the real world, this movie is all the more frightening. No sugarcoats here. See it in theaters November 1st.


Sunday, November 4, 2012

Everyone's Predicting the Coming Collapse

The Coming Economic Collapse,.....there are many recent sources hitting the internet waves predicting an economic collapse precipitated by or accelerated by a stock market collapse. To be sure, many are selling something,....paper or physical gold and silver,.......some sort of economic survival or investments information packet or book,.....and sometimes just some sort of commentary based capture system to sell you something later on.

Sorting through the facts and determining the causes and effects have validity, after all if you are reading this site (and other survival sites) you have some sense of impending doom, be it a total economic collapse,.....a great depression,.......or just a non-specific scenario where life will be not only much different than we know it but very dangerous......that's why we are all prepping.

And to be sure, the people who think they can manage their financial assets by moving money around, changing investments, etc., and survive are missing the foundation of survival preparation. However, if you have noticed the same things I have, you see many more these "experts" not only talking financial protections, but preparations that include food storage and physical gold/silver holdings.

You still don't see too much on the mainstream economic collapse predictors about safe location selection and preparations nor the basic need for security and the foundation of security that firearms provide.

Still, there are many noted and respected economic voices out there predicting some sort of economic hard times coming. Gerald Celente, Robert Kiyosaki, Congressman Ron Paul, Peter Schiff, and Jim Rogers just to name a few of the main stream analysts.

Newsmax After Shock Survival Summit, detailing how investors are planning to or or at least ready to dump stocks before or at the beginning of what many people think will be a 2013 market crash. The below video is a representation of a prediction of where the U.S. economy is headed. This is more of a middle of the road analysis and prediction, by economist Bob Wiedemer, who predicted the housing market crash, the grid-locking of the U.S. markets, the surge in national debt, the world wide financial crisis, and the downgrade of U.S. debt. He predicts the subsequent effects of the coming economic hard times will have on everyone. My posting of this video is not an endorsement, just a video that is a representative video of many analysts predicting the coming collapse.  He is also selling you information on how to protect yourselves. He (Wiedemer) says, about the upcoming tough times, "It's going to get worse, before it gets better". From my perspective, it's going to get worse all right,..it remains to be seen if it can get better after that.....after all, that's what we are preparing for.



Tuesday, July 26, 2011

SHTF - Financial Armageddon with the Collapsing Economy

Very bad times we are living in now. The collapse of the whole financial system may be just a short few weeks or a couple of months ahead. Consider the National Debt,...a political football and economic anvil all the same. If the Government doesn’t work a miracle and come to an agreement on how to proceed, then the inaction will bankrupt this country, driving the value of the dollar down, driving fuel and commodities prices up and very possibility lead to riots in the streets. Yes, we are facing financial SHTF and the question is how are we going to Survive the Collapse.

Even if the Government comes to some sort of arrangement in any case increasing the Debt limit, the Country is screwed. The Fed, acting separate from the government will print more money.....this would be QE 3 – more paper fiat currency to flood the market and deflating the value of the dollar.

If the Government cuts spending,..imagine that concept,....the cuts will have to come at least partially from entitlements which would place more people in the have not column.

Just look at Gold and Silver: Gold has recently hit record highs, probably staying above $ 1,580 an ounce for the short term before going up,....and up. Two years ago, the silver/gold ratio was above 83, with gold selling at $804.60 and silver at $9.64. Last month it was 43.04!

The bailout of Greece will reduce the availability of European Nations to buy U.S. Debt. We'll soon see a distressed and broke Federal Government trying to bail out a couple of our failed States,...California and Illinois comes to mind as both drive up taxes in a pathetic attempt to generate revenue only to drive an average of 5 businesses a week out of their respective state.

Experts in the Economy are saying that housing prices are going to decline another 20%!! And that we are, for the very least, in for a 4 to 5 year recession which are going to make times very tough for at least 100 million Americans.

Have you wondered why the last International Monetary Fund (I.M.F.) head, Dominique Strauss-Kahn, was removed and attacked so vicious and swiftly? Wondering why Timothy Geithner is about to leave his position shortly?

In the past week, Cisco, Lockheed Martin and Borders announced a combined 23,000 in job cuts. Meanwhile, state and local governments have cut 142,000 jobs this year. Whats going to happen when the Federal Government cannot pay for the massive amount of employees they have hired? Another 30,000 to 60,000 people on the street at once!

The common folk know the deal and it is bad. Here are just a few quotes I have from people who have been contacting me:

“The SHTF is coming. I'm have been taking money out of my 401K and buying something real and useful with it, rather than leave it there and have to load it in a wheel-barrow to buy a loaf of bread after the dollar collapses. Government causes inflation and uses it to reduce their debt in terms of buying power."

"Bernanke's agenda is that the dollar MUST be destroyed. Everything he does is toward that end."

"There has never been in a situation in my lifetime where a guy (President Obama) increases the debt by 40%, and GDP growth is on the way down, use of Food Stamps are up exponentially, millions more are unemployed -- and to accomplish this we spent $4 trillion of money we had to borrow. Way past time to prepare. Should have did it by now. The time now is to seek cover."

”I quit my job; took what I could out my 401K plan and moved the family to my in-laws farm. I am currently waiting it out. I’d like nothing more than to be here a year from now and have to move back to the city to get a job, but if not, then so be it, we’re ready.”

”Thanks for your site. Good interesting look at survival needs against the coming collapse. I took all of my savings out of the bank, bought a little silver, a bunch of food, sold my luxury sedan (eliminating a payment and bought a used truck). Now learning to grow my food. The question is not if the Shit Will Hit The Fan, it is when.”

Well, looks to me like many people thinking we are not going to have a successful conclusion to our country’s economic woes.

Monday, April 5, 2010

Book Review - Financial Armageddon, by Michael J. Panzner

Full Book Title: Financial Armageddon: Protect Your Future from Economic Collapse, by Michael J. Panzner

Financial Armageddon depicts a disturbing collapse of the U.S economy plunging us all into a very dire Survival Scenario. Michael Panzner takes financial gogbbledegook and makes it understandable for all. It is pessimistic and predicts hyper-inflation, a terrible depression and other very bad scenarios. And this was in 2006 when he finished the book, with an update in 2008. None of the things that have happened since have basically affected how the book was written, but present day events will certainly correlate what he predicts.

This book is really depressing, however realistic. If the crash comes like Panzner predicts it will be a horrible event. Urban Survival Skills.com believes this is the most likely Urban Survival scenario.

Panzner does provide some preparation guidelines so people can prepare themselves financially. This book “worst cases” a total economic breakdown making each of us on our own. Pensions, be it social security, private or governmental just may not be there. How can it with the U.S. falling steeply into debt?

Read this book, understand the possibilities of several scenarios, all not good at all, and come away better informed and with a will to prepare much better.

Publisher: Kaplan Publishing; Revised edition (May 6, 2008); ISBN-10: 1427797412; ISBN-13: 978-1427797414