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Showing posts with label collapse catalysts. Show all posts
Showing posts with label collapse catalysts. Show all posts

Thursday, May 2, 2013

Is the Chance of a Collapse Decreasing?

Are you one of the preppers who has started to slow preparation for, or even days go by when you are not thinking of a potential collapse? I have several friends of mine who either say or do things to indicate a general belief that the chance of a major SHTF is decreasing. One of my friends bought a very expensive dining room set and the other a small sports car. Me? It was like "Dude's, are you kidding me? Now is not the time to incur more debt especially with items that will have no intrinsic value if the economy tanks.

This prompted me to ask some more people I know who are prepping if they thought there is better possibility that an economic collapse is being delayed and/or potentially could be staved off.

One guy told me that fuel prices, food and other commodities costs are all holding steady. Interest rates still at historic lows, so he is optimistic that a collapse can be avoided. I reminded him that I, too, hope for the best, but still prepare for the worst.

Another person says it looks like the federal government is solving the funding problem, finding ways around sequestration and it is more likely some problems will be resolved even given the vast diferences between the two parties in power. I didn't even reply to this but I sure as hell thought "What planet are you living on?"

Here's my short list just on recent events that tell me different, that point to ignored problems and an increased likelyhood of a coming collapse,....and in fact the longer it is put off my sleight of hand programs, policies or artificial money coming into play, the bigger and deeper the collapse will be.

CNN Money is reporting that England's economy is falling back. The United Kingdom's debt has rating has been downgraded to 'AA+' from 'AAA', due to the lack of growth, annual deficit and growing debt - and no prognosis to get better. In fact, the prognosis for England is dim, with recesson appearing on the horizon.

Lack of Food. Here in the states we see several large cities with food banks for the truly needy about empty. I am not talking about the "welfare cheats" but the absolute desperate who rely on community food banks to eat.

Severe Environmental conditions in the U.S. with overall Exceptional Drought conditions and some places experiencing the worst drought in the last 100 years. The heartland is producing less and less food while the demand is greater and this of course is a recipe for increased prices. We have over 47 million Americans on food stamps with another estimated 12 to 15 million that are eligible. There is a huge government effort to get these people signed up. Regardless of how you see this program, the simple fact is that we can't afford it. To be sure there are some people who think we can afford it, and a host of other spending as well.

U.S Cities falling. Large and medium U.S. cities, such as Detroit MI, Dayton OH, Las Vegas NV, Fresno CA, Chicago IL, El Paso TX, Sanford FL, Newark NJ, Philadelphia PA and I am sure others are all facing one or more problems relating to deficit spending, increased local taxes, abandoned buildings, shrinking population (tax base), growing debt usual associated with decreased revenue and increased pension outlays, increased crime and violence which will increase yet because of por economic conditions and reduced law enforcement budgets.

Even after gun control legislation failed, all over the United States there is an ammunition shortage that is really unprecedented. From a couple of my geographically diverse friends, common calibers such as .22LR, 9mm, .38 Spl, .40 cal, .223, and .308 are practically impossible to buy. Other calibers like .300 Win Mag, 7mm, and .243 are available. There has been a reported shortage of 12 gauge buckshot, but slugs are still routinely available. BTW, keep your eyes and ears tuned for another round of anti-second amendment laws to be proposed.

On the precious metals market there has been panic buying of physical gold and silver, as China, Russia, India and others started increasing their physical gold purchase. Preppers are telling me that their local shops don't have Silver bullion. The main reliable precious metals has been silver coins for melt value. Prices will go up before the supply gets stabilized, if it does get stabilized. Buy it while you can.

The Possible Collapse scenario of terrorist strikes of a very significant nature or smaller terrorist strikes which would prompt widespread martial law are higher today than they were three weeks ago with the much publicized terr bombing at the Boston Marathon and the lesser publicized event at the Tennessee Valley Authority’s Watts Bar Nuclear Plant where a security guard had a chance contact with, and interdicted an armed trespasser who inserted by boat onto the property. Shots were fired, no casualties. Trespasser withdrew. All we all know that Islamic terrorists would like nothing more than to target U.S. Nuclear, conventional power and chemical plants with the emphasis being on chemical and nuclear due to their serious contamination issues.

All in all, I'd say that the collapse is much more likely now, and in fact, we just may be heading unimpeded to towards SHTF.  Don't be the ostrich who has it's head in the ground.