In 500,000 years of mankind and their closest animals living on the planet, the only cure for anything has been war. I would suggest you get ready for it. Hopefully, some of us will make it together because everyone for himself is not much of a future.

As for the banks, the shell game, the international world order as we know it... that's about over.

Originally posted by camaro68ss
So I have a story to tell you. Last week I went to my local gun shop to pick up some ammo and I got to talking to the owner]

Wait. The government insider is a gun store owner telling you a story which you took as 100% truth, enough so to repost it on here without verification.

Interesting. Tell me more.

Originally posted by Kaplan

Originally posted by camaro68ss
So I have a story to tell you. Last week I went to my local gun shop to pick up some ammo and I got to talking to the owner]

Wait. The government insider is a gun store owner telling you a story which you took as 100% truth, enough so to repost it on here without verification.

Interesting. Tell me more.

Well, it turns out to be truth, they've discussed it a couple of times today on the news. Both on CNN and Fox. They also said it would likely take the housing market 6 or 7 years minimum, to recover from this.

I hope things don't collapse but if they do I'm prepaired. I have a 20 gauge a 12 guage a 30.06 rifle and a 357. I also have about $5000 in fishing equipment. $3000 in lures. I'm no extreemist or survivalist I do it for sport. If it came down to it though I'm sure I'd survive.

No government official or lender has reported to us just how many U.S. families have walked away from their homes already because they lost their high paying jobs to outsourcing.

But as a former lender myself, I can tell you that the U.S. economy has already collapsed. Moody's will downgrade the credit rating of the U.S.

Perhaps the media won't be reporting the fact that when people lose their unemployment insurance they'll be demonstrating in the streets and looting houses and buildings.

There's virtually no chance for recovery now, but if anybody cares, the government needs to increase spending on private contractor building and repairing contracts. You've got to put people to work right away.

Originally posted by wantsome
I hope things don't collapse but if they do I'm prepaired. I have a 20 gauge a 12 guage a 30.06 rifle and a 357. I also have about $5000 in fishing equipment. $3000 in lures. I'm no extreemist or survivalist I do it for sport. If it came down to it though I'm sure I'd survive.

Interesting choices of calibers. A 20 gauge does not do much. A 30.06 is a great caliber but once all the US Army machine gun belts made their way through the surplus auctions in 1998 it became a hard to find caliber. A 357 is another hard to find caliber not used by any military.

The most common calibers are 7.62 x 51 (NATO .308 caliber) 5.56mm small game ammo (Ar-15 and M 16 variants) and 7.62 x 39mm Eastern Block small arms. The eastern block also uses 7.62 x 54 ammo for their sniper rifles which means they can use NATO but NATO can't use theirs. Most common pistol is 9mm. That is the ammo you might find when the going gets tough.

Are people really doubting this information? If you have been paying any attention you would know this information is almost certainly correct - the only thing I doubt is that the government is actually going to force the banks to show the losses.

The major banks have all been broke since 2008 and the government has intentionally hid it. Why would they suddenly decide to change course now. Do you know that if any major US bank fails, they all will. This is due to them all being leveraged 30 to 1 or more and the fact that the derivative exposure for any failure will destroy them all. The fact that derivatives are still allowed to be traded secretly is beyond criminal.

This information is completely logical if you look at the situation. First there are hundreds of thousands of people who have been out of work over two years that don't even show in the unemployment. Real unemployment is much worse than 9% - much closer to 20%. Second housing prices have continued to drop for 3 years, and a huge portion of home owners are under water, and now are beginning to doubt a housing recovery will happen any time soon. These people are going to walk away, and actually it really probably is in their best interests as bad credit in the world of super high unemployment doesn't mean much.

What I bet most of you don't know is that the banks do not have clear title to foreclose on the majority of these homes. They have lost almost every court case where a plaintiff forced them to show title - they can't because of MERS and the way the paperwork was handled when they were pledged in mortgage backed securities.

Time is short - the collapse will be violent and there is no escape, we are headed for some very hard times.

If one were looking to try to get away from the impeding strife due to US economical collapse, where would one go? Cananda, England, Spain, Australia, Switzerland??

Originally posted by iNkGeEk
If one were looking to try to get away from the impeding strife due to US economical collapse, where would one go? Cananda, England, Spain, Australia, Switzerland??

Do what I did. Go to Johnny Reb land where there is food in the forest and fish in the stream, wood for heat and no need to register guns and can own all you want.
We have our own stream, land (Huge food garden) Solar power and water power. 11 miles from town with 180 gallons of Vegi fuel for diesel transport ready plus battery powered fuel pumps to get fuel from Shut down gas stations underground. you can be safer in the Smokies my ATS worrier. I ain't at all.

This would have to be a move by the AICPA (American Institute of Certified Public Accountants). How the banks treat their losses has more to do with accounting principles than with what the gov't or the Federal Reserve would dictate.

In broad theory, something like this would have a large negative effect, but it wouldn't be a killshot to our economy.
On the other hand, not raising the debt ceiling would possibly be a kill shot, even if it were a patched move and somehow was attempted to be fixed later.

I can tell you Canada is about to loose out in Real Estate values too. They do not pay entitlments such as welfare unless nessesary and taxes are high because of medicare and government waste. Guns virtualy do not exsist. Which makes Me wonder why Americans are preparing for a depression by buying guns. You cant eat a gun.