Monday 07-27-15

Top Economic Forecaster Warns: Have Cash On Hand To Survive For Three Months: “No Institution Is Safe”

 

Economic forecaster Martin Armstrong, who is known for having accurately predicted major events like the Savings & Loan crash, the collapse of Japanese financial markets and the destruction of the Russian economy almost to the day, says that a major turning point is coming to the global paradigm this October. While stopping short of calling for an all out crash, Armstrong’s cyclical turning point of 2015.75 suggests that very big changes are set to take place.
But how do you prepare for the uncertainty of what’s to come?
Armstrong says you’d better have some cash on hand for short-term disruptions, just in case your financial institution shuts down like they did in Greece:

No institution is safe for all can be closed by decree, including credit unions. This is true of safe deposit boxes as well. They may not confiscate it, but they can deny access. PLAN B should be an amount of cash that is enough to live on for at least one month if not three months insofar as basic essentials, not mortgages, etc. Effectively this is food money and gas for the car. Gold coins will not help in this case, nor will silver coins, for we are not talking about trying to preserve wealth; this is the emergency stash for living purposes in case you need CASH, which is recognized by everyone. Try explaining a silver quarter to a teenage clerk who has no authority to accept a quarter for more than a quarter. Precious metals will be more of an underground economy of barter; it will not be useful at the local supermarket.
Also, keep in mind that cash could come in handy in a computer failure, whereas you cannot access a bank, exchange, etc. just to survive for there could be a scenario where not even plastic credit cards or debt cards would offer any help.
Source: Armstrong Economics

If America goes the way of Greece and the government enacts capital controls you can fully expect hours-long lines at ATM machines and banks just to get your daily allotment of $50 – $100. That, of course, is not enough for the majority of Americans to cover their most basic expenses including mortgage payments, food, and other necessary expenditures.
In such a scenario, having a one to three month reserve of cash will come in handy.
And though Armstrong says that gold and silver will likely not be accepted at your local super market, he has also previously noted that gold itself is an asset of last resort to preserve wealth in a situation where the public has lost confidence in their governing bodies. Thus, while you may not be able to hand a pre-1965 junk silver quarter to your grocery clerk in the immediate aftermath of a financial emergency, barter markets will likely emerge just like they did in Greece following the initial collapse of that country and at that point trading directly with gold, silver or other physical assets like liquor, cigarettes and food may become commonplace.
It should be clear that something is very wrong in financial markets. There is a wide body of evidence confirming this assessment, but most recently we learned that China has dumped over half a trillion in dollar-denominated assets and many of the same scenarios we saw in 2008 are playing out all over again.
While forecasters like Armstrong understand that the system under which we currently operate is set to fail, what’s difficult to predict is exactly how such a collapse may play out.
Thus, preparing for a wide range of potential scenarios is in order and that means positioning yourself to survive a short-term disruption to the regular flow of commerce, as well as longer-term scenarios that affect the credit markets and the systems that depend on them.
Should the system buckle we can expect widespread rioting, panic and confusion, something for which the government has been actively training personnel to handle on a mass scale.
Significant changes are coming. Be ready for them.

http://www.shtfplan.com/headline-news/top-economic-forecaster-warns-have-cash-on-hand-to-survive-for-three-months-no-institution-is-safe_07242015

‘A New Dark Age’

By Patrick J. Buchanan
“If God does not exist, then everything is permissible.”
Ivan Karamazov’s insight came to mind while watching the video of Deborah Nucatola of Planned Parenthood describe, as she sipped wine and tasted a salad, how she harvests the organs of aborted babies for sale to select customers.
“Yesterday was the first time … people wanted lungs,” said Nucatola, “Some people want lower extremities, too, which, that’s simple. …
“I’d say a lot of people want liver. … We’ve been very good at getting heart, lung, liver, because we know that, so I’m not gonna crush that part, I’m gonna basically crush below, I’m gonna crush above, and I’m gonna see if I can get it all intact.”
Nucatola is describing how an unborn baby should be killed and cut up to preserve its most valuable organs for sale by its butchers.
Welcome to God’s Country, 2015.
Planned Parenthood’s image — a progressive organization that provides free birth control to women who seek to space pregnancies as they plan their families — will not easily survive these tapes.
For Nucatola sounds as though she were reading from a film script about a 1940s clinic in Nazi Germany devoted to the disposal of “useless eaters” in the Third Reich.
Watching these tapes, one name comes to mind: Mengele.
Defenders of Planned Parenthood argue that those who taped Nucatola did so surreptitiously, and they misrepresented themselves as buyers from a human biologics company. Moreover, the tapes were deceptively edited and the women undergoing abortions had agreed to donate the organs of their dead fetuses for biomedical research.
Perhaps. But even if all of that is true, the tapes have thrown the “pro-abortion rights” movement in America onto the defensive and brought calls for complete Congressional defunding of a Planned Parenthood that receives $500 million yearly from taxpayers.
Set aside the legality of what Nucatola describes. Do Americans want hundreds of millions of tax dollars provided to an organization that harvests and sells the body parts of aborted babies as a potentially lucrative sideline business? Do Americans want to be associated in any way with an organization with the moral mindset exhibited by Nucatola?
That Americans were stunned by those tapes is undeniable. People are not faking their moral revulsion. Indeed, “pro-abortion rights” Democrats are hiding in the weeds because they rightly sense that the disgust is widespread and genuine.
Yet there are questions raised by what these tapes reveal that apply to all of us.
Were we really in the dark? Were we unaware that 55 million unborn have been killed since Roe, many by such crushing methods as described by Nucatola?
Is the Black Lives Matter movement unaware that the execution rate of babies in the womb is highest among African-American women? However many black men or boys are killed in clashes with cops each year, it is not one-tenth of 1 percent of the black babies aborted in the USA?
Did we think that these abortions were almost all painless, like some sick pet being put to sleep, euthanized? Did we not know that the abortionist stabs the baby in the womb, or tears it to pieces coming out? And the more developed the baby, the greater the pain and the suffering and the bloodier the inescapable death?
But if one believes an unborn baby is not a human being, not a human life, why object to selling its body parts?
Trash haulers and garbage men find uses for what they pick up. Scrap metal collectors find folks who want to buy it. Conservation they call it. Why would we think that abortionists, who regard fetuses as human tissue, not human beings, were any different?
We have long known and praised family members of the victims in auto accidents who volunteer the organs of their loved ones to save or extend the lives of others.
What makes this tape so different, so appalling, is that, at some level, there a sense in all of us, which ideological indoctrination cannot wholly suppress, that, morally, something terrible is happening here.
Listening to that Planned Parenthood woman discourse casually on the hearts, livers, lungs and lower extremities, we know something else. While the women undergoing the abortions at Planned Parenthood may have volunteered those body parts, the butchered children had no say in the decision to be torn to pieces and have their organs put up for sale to a laboratory that was the highest bidder.
Speaking after the fall of France, at the beginning of the Battle of Britain, Winston Churchill said, “But if we fail, then the whole world … including all that we have known and cared for, will sink into the abyss of a new Dark Age made more sinister, and perhaps more protracted, by the lights of perverted science.”
Those phrases, “perverted science,” and “a new Dark Age,” do they not fairly describe our future if the views and values of Nucatola’s Planned Parenthood are the future of America and her people?

http://buchanan.org/blog/a-new-dark-age-16287