Preppernomics: How to Survive While the Dollar Dies
by: Daisy Luther
ZeroHedge.com
January 1, 2015
I really don’t like to make predictions.
I’m not Zoltan, the fortune-telling dude in the machine – you know, the one with the turban who waves his mechanical hands dramatically over a crystal ball and tells you of your future in a heavily accented voice.
But, I think there is something coming in 2015 that we all need to be concerned about, and I wouldn’t be doing my job, writing these posts, if I didn’t warn you.
Some people are going to roll their eyes and call me a doomer. Some people are going to say, “You warned us about stuff all the time, and it hardly ever happens.” Some people are going to revert to cognitive dissonance and say, “Life is too short to worry all the time.”
But there is something very troubling on the horizon, and it’s going to affect us all. From most reports, the outlook for 2015 is not particularly bright.
Economically speaking, the bottom is falling out.
Sometimes to see the future clearly, we need to look at the past.
The most recent economic disaster that the US has suffered was in 2008. In just a few weeks, trillions of dollars of American wealth was simply vaporized in what was classified as “The Great Recession.” Over the next 3 years, American financial well-being was diminished by 40%.
Despite what the White House would have you believe, there’s been no significant recovery. And the signs that portended the 2008 crisis are all there, warning us, if we’d only pay attention.
Michael Snyder of The Economic Collapse Blog wrote a post with a grim warning last week. Although we’re all being told to spend, spend, spend, because everything is wonderful, the same thing happened in 2007, right before it all hit the fan for many Americans.
The Rest…HERE
