Tornadoes in the Mid East; Record breaking Droughts in the plains, especially in Texas; Wildfires across West and Southwest; Massive Floods in the Mississippi basin. All this will result in a cost of tens of billions of dollars in economic losses and that cost will most certainly climb as the Floods and Wildfires continue. Just look at the map above.
Some Economists calculate that the cost will be a minimum of $15 billion dollars.....these are conservative estimates. One economist argues that the cost is already at $12 billion dollars to the economy.
Cattle and crop losses will be significant. Insurance premiums will most certainly go up. Food prices are going to skyrocket....and it is in addition to othe prices you have already seen increase. And this is all happening in a very dire time for this country. Between the diminished supplies, the devaluation of the dollar, housing foreclosures, and the rising fuel costs this country will experience a big down turn in the economic condition and certainly a full fledged economic collapse is very possible,....even probably.
Look at the map below of U.S. Counties where natural disasters have affected the crops.
These alone are reason enough to prepare. Stock food supplies; ensure safe routes to safe locations; plan for your security; include financial planning to include what happens when the banks close.
This is what I explain to a gent the other day when he overheard a conversation between me and another guy who on on-board with trying to prepare for all contingencies. This other gent, I'll call him Bob, starting making comments like "Oh Yeah, buy a bunch of guns and head for the hills."
I replied in a serious way, "Well, I guess you can buy guns and run for the hills if you want, but I choose a more deliberate approach where I use critical planning and decision making skills. Sure, guns are important, cause if you don't have one or more (and know how to use them), then your security is greatly compromised,.... ....however, survival preparation, or disaster preparation if you will, is much, much more than that.” Anyway I could see the wheels turning in this guy’s eyes. I told him I would send him some links to several internet sites to look at. It helps that I don’t have a reputation as some nut. I hope I get this guy turned and turned quick as I don’t need another straphanger showing up at my place.
