Many people hype “the coming economic collapse” as if it is some kind
of big summer Hollywood blockbuster. Many people out there write about
it as if it is something that will happen in a single day or over a few
weeks and that it will suddenly change how the entire world functions.
But that is not how the financial world works. The financial world is
like a game of chess – very slow and methodical. Yes, there are times
when things happen very quickly (like back in 2008), but even that
crisis played out over a number of months. Sadly, most Americans are
not used to thinking in terms of months or years. These days, most
Americans have the attention span of a goldfish and most Americans have
been trained to expect instant gratification. They are simply not
accustomed to being patient and to wait for things. Well, despite what
you may have read, the economic collapse is not going to be a single
event. It is going to play out over quite a few years. In some ways we
are experiencing an economic collapse right now. When the next major
financial crisis occurs, many will be calling that “an economic
collapse”. But if you really want to grasp what is happening to us, you
need to think long-term. We are heading for a complete and total
nightmare, but it is going to take some time to get to the end of the
Yes, there will certainly be times of great chaos. The financial crisis of 2008 was one of those moments.
But the financial crisis of 2008 did not completely destroy us.
Neither will the next crisis.
I think it is helpful to think of what is happening to us as a series of waves.
I agree, it is not a single event, but rather a series of events. However, this doesn’t take away from the fact that the underlying fiat currencies can violently collapse to crisis levels overnight, levels where fiat currencies become virtually worthless. Such an event will most likely cause a sudden and violent economic collapse. Thus, we can expect to see a series of collapses followed by the mother of collapses.
True enough…..it started in ’05 when the wife ran off with her
girlfriend. Moved into my work place in ’06 when a great income source made
horrific choices a good 2 years before the ’08 crash…and got a nice head start
on everyone else losing a lot of dough.
Fortunately for me, while always have a genuine appreciation for the female
form I’ve developed useful anti-bodies that have provided a large amount of
immunity & have applied the Benjamin Franklin philosophy of using ‘Thrift
and Industry’ to rebound while moving into PM’s….. opps, gettin’ too carried
" If you don't have to sell, don't sell. Tuck it away and forget about it, just don't forget where it is!
I will have to get the wife over the hump but think that either a monster box of silver or equivalent in gold is going to be the right move here shortly. We've been saving, and now at the ... "Reply To: My Faith in Silver is Just About Broken
" I picked up a few semi-numismatic coins a couple of days ago. Did not have any of them in my stack so I wanted to round it out a bit with a few of the prettier coins. I am still a fairly young guy at 35 so I am keeping my glass half full. I am certainly discouraged but I do believe that eventuall... "Reply To: My Faith in Silver is Just About Broken
" Shortwave ham frequencies provide worldwide communications daily. VHF/UHF has its place in local comms. No morse code to get a license anymore. Doesn't hurt to know it tho because it will get thru jamming and interference voice can't. All my antennas are emp grounded, it is called lightning prot... "Reply To: Ham radio
" PS: GROUND your EMP Shielding, that cannot hurt and likely helps.
I bet MaryB already has though LOL!
Is Morse Code still part of the HAM License?
They cannot really shut down the frequencies, but may attempt to jam them.
But more likely they will monitor these channels.
... "Reply To: Ham radio
" There goes the idea that I could get in cheaply! I knew that was too easy.
Would I be able to contact anyone worldwide? That was my thought going with this idea in the first place. What's the point in buying one if it doesn't go worldwide? I thought they all had global abilities. I may ha... "Reply To: Ham radio
" I have thought about this. If it is not in the US, it is a risk IMO.
Even in the US, it could still be seized in a bank holiday. hard to say
Thanks for perspective, Mammoth "Reply To: Chinese yuan bank account
The analysis and discussion provided on SilverDoctors is for your education and entertainment only, it is not recommended for trading purposes. The Doc is not an investment adviser and information obtained here should not be taken for professional investment advice. The commentary on SilverDoctors reflects the opinions of The Doc and other contributing authors. Your own due diligence is recommended before buying or selling any investments, securities, or precious metals. We do not share in your profits, and thus will not take responsibility for your losses as well.