Harsh reminder: What is usually happening when the currency collapses | |
Teutony (OP) User ID: 66373460 Romania 12/26/2014 07:27 PM Report Abusive Post Report Copyright Violation | Please give your insights about this quote: Quoting: Teutony 66373460 In a currency collapse, your life savings will be wiped out and this is why on November 16th, the G20 declared that your bank account is not money. This put your account in last place in terms of FDIC compensation, and since the FDIC only has about 1% of the money needed to cover a complete collapse, you will never see a dime from the FDIC. Hurricanes Katrina and Sandy demonstrated that gas stations will be bone dry within two days following a complete collapse. Subsequently, commerce will not move and this includes food. If you are on vacation, you may not make it home. On the second day following a currency collapse, being on the road will be a risky endeavor because of other desperate motorists who will lie in wait to rob other motorists of essential supplies and resources. With no available fuel, the grocery and drug stores will be empty within one to two days. There will be no food to be had except for that which is decaying in your refrigerator and that in which you can beg, borrow and steal from your neighbors who will also be begging, borrowing and stealing. from your other neighbors. If you have an adequate food and water supply, you better have an adequate gun and ammo supply in order to defend your assets. And when will you sleep? The protection of your critical assets is a 24/7 proposition. Therefore, having a cooperative survival plan is critical. EVEN IF YOU ARE AWARE OF WHAT IS COMING, IF YOUR NEIGHBORS ARE STILL ASLEEP, YOU ARE ON YOUR OWN! Without gas, people will stop going to work. Corporations will disappear overnight. Hurricane Katrina showed America that the police cannot be expected to stay on the job more than 48-72 hours as they will be home protecting their families and foraging for food and water like everyone else. The emergence of former police, now operating as gangs, will become common in an effort to secure the products which will ensure survival. Therefore, when your home is under attack, there will nobody to call. Everyone will be on their own. The elderly and the chronically ill will be the first to die. Too old to defend their assets, the elderly will find themselves overpowered as they will make easy preys of opportunity for the roving gangs. The chronically ill will have no way to procure their medication and even if they survive the looting rampage which will follow a currency collapse, these poor souls will perish without access to their life-sustaining prescriptions. The money in your wallet will be useless. Cell phones will not work. Heating and air conditioning will not work either and depending on the time of year, the environment could prove deadly to untold numbers of people. Water treatment plants will stop operating for the same reasons that you will not be able to find a cop during this crisis nobody will be manning the water treatment plants. Toilets will back up and diseases will spread like wildfire. Cholera will become the leading cause of death even surpassing homicide. Something as simple as toilet paper will become a prized commodity. There will be no trash pickup and more disease will result due to the increased rodent population. Clean drinking water and hunger will become the dominant motivator in society. Roving bands of looters, turned murderers, will sweep through neighborhoods seeking to obtain these critical elements of survival. Infanticide and euthanasia of the weak will become common events because there will be decided efforts to reduce the amount of mouths to feed. There will be the stark realization of the ensuing sense of hopelessness which will lead to a dramatic spike in murder-suicides within families. There will come a time when all the available animals will be devoured and then there will be only one place to turn to for food. History shows that cannibalism will set in by the beginning of the third week. Extreme hunger will lead to humans hunting humans as an available food supply. There is a real possibility that this could begin to occur within 15-20 days following the currency collapse. [link to www.dcclothesline.com] In the article called: Mass Murder, Widespread Starvation and Even Cannibalism Accompany a Currency Collapse |
Teutony (OP) User ID: 66373460 Romania 12/26/2014 07:32 PM Report Abusive Post Report Copyright Violation | |
Teutony (OP) User ID: 66373460 Romania 12/26/2014 07:43 PM Report Abusive Post Report Copyright Violation | |
Sikhed
User ID: 5898996 United States 12/26/2014 07:47 PM Report Abusive Post Report Copyright Violation | |
Teutony (OP) User ID: 66373460 Romania 12/26/2014 07:51 PM Report Abusive Post Report Copyright Violation | As usual, people saying: "nah, this is not possible in my country" Especially those in US. Quoting: Teutony 66373460 Of course it's possible. That's why I keep only enough money in the system (banks) to pay bills owed to the system. Yes, this is a very wise approach. In this way you cannot be targeted as an offgrid-er, but your exposure is minimum. |
Teutony (OP) User ID: 66373460 Romania 12/26/2014 07:54 PM Report Abusive Post Report Copyright Violation | It was a debate on a forum to an article, of preparedness and stuff.... and one person said: if we are reaching to that status that we have to fight each seconds for our lives, in a Mad Max world scenario, maybe is better that I will not survive and is better I die as soon as possible. I thought that was a crazy idea. But looking more and more to what our world reached to be, thinking what shit will be in that times, probable this crazy idea, maybe is not crazy after all... |
Anonymous Coward User ID: 54045747 United States 12/26/2014 07:57 PM Report Abusive Post Report Copyright Violation | As usual, people saying: "nah, this is not possible in my country" Especially those in US. Quoting: Teutony 66373460 Of course it's possible. That's why I keep only enough money in the system (banks) to pay bills owed to the system. But if cash is no good, what difference does it make where you keep it? |
Teutony (OP) User ID: 66373460 Romania 12/26/2014 08:01 PM Report Abusive Post Report Copyright Violation | As usual, people saying: "nah, this is not possible in my country" Especially those in US. Quoting: Teutony 66373460 Of course it's possible. That's why I keep only enough money in the system (banks) to pay bills owed to the system. But if cash is no good, what difference does it make where you keep it? Because is very important, in the firs moments of said collapse, to move very fast and know what to do immediately. If your money are not blocked in bank accounts and if you smart, your are far, far advanced than those slobs that will try to make payments with their credit cards. (Which they will not manage!) There are so many things to say at this point, but for moment is enough. |
Anonymous Coward User ID: 54045747 United States 12/26/2014 08:06 PM Report Abusive Post Report Copyright Violation | As usual, people saying: "nah, this is not possible in my country" Especially those in US. Quoting: Teutony 66373460 Of course it's possible. That's why I keep only enough money in the system (banks) to pay bills owed to the system. But if cash is no good, what difference does it make where you keep it? Because is very important, in the firs moments of said collapse, to move very fast and know what to do immediately. If your money are not blocked in bank accounts and if you smart, your are far, far advanced than those slobs that will try to make payments with their credit cards. (Which they will not manage!) There are so many things to say at this point, but for moment is enough. so cash on hand is to buy stuff like at the grocery store? where employees work if there are power outages and no gasoline for their cars. Oh this will be interesting Thanks OP! Should we have enough cash for a couple of months, or longer? |
Anonymous Coward User ID: 66403356 United Kingdom 12/26/2014 08:10 PM Report Abusive Post Report Copyright Violation | As usual, people saying: "nah, this is not possible in my country" Especially those in US. Quoting: Teutony 66373460 Of course it's possible. That's why I keep only enough money in the system (banks) to pay bills owed to the system. But if cash is no good, what difference does it make where you keep it? exchange your monis for Gold. after the worst is over a new monis will be introduced. then you can exchange your gold for the new monis. |
Teutony (OP) User ID: 66373460 Romania 12/26/2014 08:16 PM Report Abusive Post Report Copyright Violation | ... Quoting: Sikhed Of course it's possible. That's why I keep only enough money in the system (banks) to pay bills owed to the system. But if cash is no good, what difference does it make where you keep it? Because is very important, in the firs moments of said collapse, to move very fast and know what to do immediately. If your money are not blocked in bank accounts and if you smart, your are far, far advanced than those slobs that will try to make payments with their credit cards. (Which they will not manage!) There are so many things to say at this point, but for moment is enough. so cash on hand is to buy stuff like at the grocery store? where employees work if there are power outages and no gasoline for their cars. Oh this will be interesting Thanks OP! Should we have enough cash for a couple of months, or longer? There were guys in similar situations and they were asked same question that you ask. They recommended that people have cash on hand to be able to fare at least 6 months of complete expenses (housing/food/transportation/etc). They also suggested to have small denomination bills (as most of the time, in case of calamities and the banking POS or ATM not functioning, there will be less possibilities to receive change from 100 bills. Another guys which passed through harsh situation in their countries, recommended that you have passports for all members of family and enough money to buy all members a flight ticket to a destination of choice and also enough cash on hand, to resist there for at minimum 3 months keeping a low profile. And by the way, keep on hand different variety of currencies (EURO's, Swiss Francs, British Pounds, not only USD). So, if you see the situation become so bad in your country, just get out if there (for that, is imperiously necessary to have already a passport for each member to be able to travel internationally - so if you don't have by now, what are you waiting for? Are you expecting to make a passport application when the country is in collapse? |
Teutony (OP) User ID: 66373460 Romania 12/26/2014 08:19 PM Report Abusive Post Report Copyright Violation | As usual, people saying: "nah, this is not possible in my country" Especially those in US. Quoting: Teutony 66373460 Of course it's possible. That's why I keep only enough money in the system (banks) to pay bills owed to the system. But if cash is no good, what difference does it make where you keep it? exchange your monis for Gold. after the worst is over a new monis will be introduced. then you can exchange your gold for the new monis. Yes, but do this gold buying diligently. Be advised that in any collapse of the currency, in the immediate hours and days they will pass laws which will declare foreign currency and gold as being illegal and will try to confiscate and put people catch with it, in jail. They did so in Weimar Republic, etc |
Anonymous Coward User ID: 66410504 Japan 12/26/2014 08:20 PM Report Abusive Post Report Copyright Violation | |
Teutony (OP) User ID: 66373460 Romania 12/26/2014 08:24 PM Report Abusive Post Report Copyright Violation | That's like a worst case scenario. Collapses usually occur more slowly, usually rampant high inflation, eating away at your PP. Quoting: Anonymous Coward 66410504 In Cyprus, which is one of most recently, it happened in a matter if a week, mostly it was a weekend bank holidays. Anyways it happened too fast for the average Joe, with money in the bank, to be able to do anything to ward of it. Only businessmen having connection with high politicians were informed with 2 or max 3 weeks in advance, so these persons were able to transfer their money, or take it out of banks... So, it will come stealthily, I may say (unfortunately) |
Necromancer User ID: 17824549 United States 12/26/2014 08:25 PM Report Abusive Post Report Copyright Violation | |
Teutony (OP) User ID: 66373460 Romania 12/26/2014 08:31 PM Report Abusive Post Report Copyright Violation | Last case, was in Belorussia. The ruble depreciation (their economy is pegged to Russian ruble) The bank accounts were blocked, they cannot withdraw their currency (if they have EURO or USD accounts) nor ruble, from ruble account. Automatically their foreign currency accounts were taxed 30%. On top of that, the government blocked internet access to most of commerce sites so the people cannot use their money to make internet shopping. It was in a matter of 1.2 days. Most of people going work, tolling hard to provide for the family even they do not hear until is too late! Whatever money, people managed to have on hand (rubles that were depreciating by hours) people bought high value electronics, cars, TV, as anyways their rubles worth nothing after few days. |
Silver & Gold prep User ID: 66410583 United States 12/26/2014 08:31 PM Report Abusive Post Report Copyright Violation | This is easy we go back to a none fiat Silver & gold backed currency. Canada is prepping with silver .9999 currency mint Maple leafs etc. USA has .999 silver Eagles from the mint preppers will be holding this 1 of 5 top items to have wene the fiat dollar. collapses. The Obama administration are criminal's against American wealth. 2 trillion stolen from pentagon and 2 more trillion for the banking ponzy scam. |
Anonymous Coward User ID: 66410504 Japan 12/26/2014 08:33 PM Report Abusive Post Report Copyright Violation | |
Teutony (OP) User ID: 66373460 Romania 12/26/2014 08:34 PM Report Abusive Post Report Copyright Violation | "Cause , I got ya at a Stranglehold" . Kneel and weep , sleeple . Promise of a New Day . Sounds like Germany from the 20's to the late 30's . And the Fourth Reich rises from the Phoenix of the Roman Vatican Foot Soldier Land . Row , Row , Row your Boat , gently down the stream . Geo-politics and World finances are fun to interpret-discuss ! Quoting: Necromancer 17824549 We all know who were those behind the 3rd Reich and who now, tolling hard to bring on us, the 4th. They are the same entities then and today, they have the same paradigm, so this is why is so important to study the history. Even though, they are saying that what they will bring on us in the near future has never been such on the human civilization ever, so probable our historic insights will not be of much help in that situation. |
Teutony (OP) User ID: 66373460 Romania 12/26/2014 08:38 PM Report Abusive Post Report Copyright Violation | This is easy we go back to a none fiat Silver & gold backed currency. Quoting: Silver & Gold prep 66410583 Canada is prepping with silver .9999 currency mint Maple leafs etc. USA has .999 silver Eagles from the mint preppers will be holding this 1 of 5 top items to have wene the fiat dollar. collapses. The Obama administration are criminal's against American wealth. 2 trillion stolen from pentagon and 2 more trillion for the banking ponzy scam. I think all you mentioned, could be enough reasons that the regular people to sense something is NOK and start to prepare in some way, for the collapse which is coming. Why I'm saying that the regular people have to prepare? Because those rich and with connections, they are already doing that: [link to www.dailycollapsereport.com] |
Anonymous Coward User ID: 66410583 United States 12/26/2014 08:39 PM Report Abusive Post Report Copyright Violation | ... Quoting: Sikhed Of course it's possible. That's why I keep only enough money in the system (banks) to pay bills owed to the system. But if cash is no good, what difference does it make where you keep it? Because is very important, in the firs moments of said collapse, to move very fast and know what to do immediately. If your money are not blocked in bank accounts and if you smart, your are far, far advanced than those slobs that will try to make payments with their credit cards. (Which they will not manage!) There are so many things to say at this point, but for moment is enough. so cash on hand is to buy stuff like at the grocery store? where employees work if there are power outages and no gasoline for their cars. Oh this will be interesting Thanks OP! Should we have enough cash for a couple of months, or longer? Be sure to have a wheal barrel to haul around pennys on the dollar cash. Might make better butt wipe .one million dollars for a roll of butt wipe & bread. |
Anonymous Coward User ID: 66410583 United States 12/26/2014 08:41 PM Report Abusive Post Report Copyright Violation | |
Teutony (OP) User ID: 66373460 Romania 12/26/2014 08:46 PM Report Abusive Post Report Copyright Violation | Smart man Japan has very intelligent people that are also holding lots of gold. The only problem with gold and silver, this coming from people which passed through collapses, wars, revolutions, etc, is that you cannot use during the turmoil period. Or if you use it, do not expect to have the same value as it had before. Because in those moments, the gold will be paid by regula people just to get some food, a sack of grain or even less and never expect you get the true value for your gold, when you are hungry. Besides, if you try to trade your gold in those murky times, easily can get you killed. No, you keep your gold or silver cached until after the crazy period pass and then you will take it out and then you will fare far away by having that gold. So, you have to be very wise for what and how you will use. |
Anonymous Coward User ID: 12116143 Canada 12/26/2014 08:48 PM Report Abusive Post Report Copyright Violation | |
Teutony (OP) User ID: 66373460 Romania 12/26/2014 08:51 PM Report Abusive Post Report Copyright Violation | As happened historically. Quote from the article: Unfortunately, history is replete with examples of cannibalism within a failed economy. Here are three examples: 1. In the winter of 1609, supplies did not reach the original North American settlement known as Jamestown, which was founded in 1607. During that fateful winter, the colonists experienced a massive famine that became known as “The Starving Time”. Hundreds of colonists experienced a horrible death and only 60 people of the original 500 remained alive into 1610. The scientific evidence gathered from Jamestown indicated that some turned to cannibalism. 2. In June of 1941, Nazi Germany attacked the Soviet Union and started Operation Barbarossa in which Hitler double-crossed Stalin and suddenly attacked major cities and the subsequent siege to Leningrad lasted for 872 days. The Germans enacted a policy of starvation and attempted to cut off all supplies to the city, forcing them to live with no utilities, water, energy, or food supplies, and the siege has been called the largest destruction of life to any city in modern history. It has been estimated that around 1.5 million people died as a direct result of the siege. However, of the original 3 to 3.5 million people who lived in Leningrad, only 700,000 survived the war. What is wrong with this math? Where did so many people disappear to? The comparison of the collapse of the dollar is apparent because in Leningrad, the value of money was negligible and criminal gangs were organized to steal food. People tried to eat a wide variety of products, including paste, leather, fur, lipstick, spices, and even medicine, but the famine worsened as the Nazi siege went on. Eventually, the rules of society fell apart and reports of cannibalism spread. During the Nazi siege, the problem with cannibalism was so bad, the police were forced to organize a special unit that was used to combat the predators. Despite living in fear of potential bombardment, families were forced to endure the threat of being stalked as prey and having their flesh eaten. Leningrad was a modern city in the 20th century. 3. The Irish Potato Famine, because of a horrific combination of environmental conditions and policies of the British government towards the Irish people, led to massive famines resulting in what some historians label the famine, as genocide. Despite the fact that approximately one million people starved to death and one million emigrated from Ireland during the Great Hunger, the British government failed to help. During the famine, a large majority of people in Ireland became malnourished, infections spread, and people became perilously ill. Professor Cormac O’Grada of the University College Dublin found that cannibalism was practiced as a result of the Irish famine. |
Anonymous Coward User ID: 66410020 Netherlands 12/26/2014 08:52 PM Report Abusive Post Report Copyright Violation | As usual, people saying: "nah, this is not possible in my country" Especially those in US. Quoting: Teutony 66373460 Of course it's possible. That's why I keep only enough money in the system (banks) to pay bills owed to the system. But if cash is no good, what difference does it make where you keep it? Cash will be good. You won't have enough of it. |
Teutony (OP) User ID: 66373460 Romania 12/26/2014 08:52 PM Report Abusive Post Report Copyright Violation | |
TwinDarkness
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Anonymous Coward User ID: 65362814 United States 12/26/2014 08:59 PM Report Abusive Post Report Copyright Violation | Smart man Japan has very intelligent people that are also holding lots of gold. You can't eat gold it will be worthless what the starving will want is ; food, fresh water and someplace warm to sleep. gold and silver will be worthless coffee, cigarettes, toilet paper will be great barter items. |
Sikhed
User ID: 5898996 United States 12/26/2014 08:59 PM Report Abusive Post Report Copyright Violation | |