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Increasing Economic Chaos

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  • Increasing Economic Chaos

    Anyone hearing just a few minutes of news yesterday and this morning knows that the major topic is the economy and the stock market.

    It's increasingly obvious that all the talking heads, all the government 'economist' haven't a clue about how to stop the roller coaster from flinging itself off the tracks.

    U.S. Treasuries pay less than 2% on ten years bonds ( this is record low), Gold is above $1800.00 an ounce and rising. Stock Markets around the world are dropping like lead and European banks are on the verge of collapse.

    These are not symptoms of a mild case of corrections, these are the symptoms of a deadly collapse. While Rome burned, Nero plays the fiddle!

    Serious attention needs to be paid to what's happening. Economic woes are usually a portent of more serious issues to come. A stock market that goes the extremes of ups and down that ours has over the last week, cannot be stable.

    Regardless of where you're at in you preps, be sure you have a PLAN to withstand the chaos to come.

  • #2
    The economy is the reason I am prepping.
    Be informed NOT indoctrinated!
    God Bless,
    HDM

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    • #3
      Thats why I am trying to help people by teaching them how to handle money God's way...we all know that when we do things His way it works. Want some hope watch this video.




      We as a nation have got to pull together and put on our big boy and girl pants and take some medicine. It may taste bad for a while but its good for us.

      my 2 coppers
      "It's a trap!!!!" -- Admiral Ackbar

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      • #4
        The fact that the treasury bonds are paying the lowest interest rates in history is a good sign. It means that even with everything that is going on in the US, international community still sees US bonds as a safe investment or a holding place for their money. The riskier the bonds are, the higher the rate the borrower has to pay to offset the risk. The bad news is that since it is now cheaper than ever for our dear government to borrow money they might use that as an excuse.

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        • #5
          exactly BAK...Stuart Varney said the same thing this morning on Fox.
          "It's a trap!!!!" -- Admiral Ackbar

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