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from the you-shouldn't-spend-what-you-can't-afford dept.
"Forget Iran, Iraq, Ukraine, and Syria this is where WWIII will start"
Should the rise of conflicts across the Middle East and Ukraine serve as a warning sign that something much more dangerous is approaching? According to Jim Rickards, the CIA's Asymmetric Warfare Advisor, the answer is yes. In a startling interview he reveals that all 16 U.S. Intelligence Agencies have begun to prepare for World War III. Making matters worse, his colleagues believe it could begin within the next 6 months.
However, what is being forecast is not a war but is a massive US financial collapse leading to 'a 25 year-long depression' which could 'possibly begin within 6 months'. The link provided points to a (I believe) video of a 46-minute American TV interview with Jim Rickards on a program called "Money Morning".
I, as a European, do not know whether this program is highly regarded or whether this is a interview which has already been discounted by many. Indeed, I do not even know when the program was initially aired. I will leave it to the viewer to make his own decisions. It is also worth noting that Jim Rickards is also using the interview to push his book on the same topic.
(Score: 2) by edIII on Tuesday December 30 2014, @03:48AM
I would choose the gruel, knowing that there will be more gruel later. That's the purpose. Also, it's a lot more easy for me to share gruel with other people then try to make hamburgers every night for dinner. We couldn't do that 50 years ago, and we sure as hell can't really afford to do it now.
There are no more good times, and the good times that are being had are just the last few minutes of the party. The party will stop soon, and the check will come due. I'm just being smart and I'm 20 minutes already into the forest not waiting for the rest of your reactions to the check. So, yeah, kind of sad. All good things must come to an end, and America has been writing bad checks for years .
As for the hope of good times, fun and happiness is where you find it. To that end, I train myself to find happiness in the forest. Soon, there will only be the forest again. Every so often, I can still head into town to enjoy some things (while it's still standing), so I'm not completely without the good times you are used to. I wish it didn't sound so insane either to be adapting your life towards a self sufficient one in rural areas as a direct result of a profound vote-of-no-confidence in the whole system.
Realistically, this will play out in a deeper Great Depression that what we are in now. I'm already worth thousands of dollars of year in just clean organic food, and even more in terms of clean water. I'm saving whole paychecks compared to the costs of good produce now. My garden could literally be labeled an average of $3-4/lb for most of the bins and produce in it. So when the economy goes to hell, I will be perfectly positioned to ride it out till America starts to rebuild itself (the people that are left). I wouldn't recommend you choosing that hell in the city and urban areas unless your happiness is really tied to those people and that environment. It may be harder than you think, and a good salad might be worth more than you can pay soon.
Some of the smartest people rode out the Great Depression by escaping to rural areas, and farms, to spend their time learning, studying, and writing. I'm only trying to emulate their successes as normal guy in the face of serious economic and social strains that greatly compromise my faith that America can continue with such false prosperity for much longer.
Trust me. Put your foot in the door and have some bags packed. Also, Cardio. Cardio will keep you away from the zombies :)
Technically, lunchtime is at any moment. It's just a wave function.