At times I resteem things that I think are relevant to all of us here in the homesteading community. Though I know from talking to the homesteaders around me, there are a many of us that understand key facts. These are the people who I am giving this information to.
I regularly resteem Gregory Mannarino and his blog @marketreport. I do this because, after watching him for many years on youtube I believe that he is smack, dead-on with his interpretation of the markets and their movements. Why is this relevant? Well, here we use a crypto called STEEM and it is tied to the market. In fact on his website he has a chart that shows real-time movement in the STEEM market. This is important to us here because we are using this crypto as a source of income.
There is another reason I post his blog, it is because I am very literate with global markets. I have studied them for years and along with the global macro-economic situation that is looming, there is a micro-economic fluctuation that is occurring.
Ok, I know, KISS (keep it simple stupid), I am sorry I get very technical with it, this is because it requires specifics to be able to follow. I will try to put it into non-mathematician terms.
We live in a new age. An age where money is effected by everything that happens globally. Also, money reacts on a national level from things that, say, happen in China. Money also reacts locally to things happening nationally. So if we are ignorant about what is going on nationally and internationally, we will not be prepared for what is coming.
What is coming to a neighborhood near you, is, poverty. Crypto is a way out of this mess our government has gotten us into. Having said that, we need to understand that cryptos will fall, and hard, most likely, according to most economists. When this happens, I expect many to sell out of STEEM, I will be buying, like I am buying silver and bullets right now.
What does this mean? We can expect sometime in the very near future to become very poor, very fast. There are many macroeconomic reasons for this, I will not get into them here unless I am asked in the comments. I have a serious bank of seeds, which, will, for a long time, be the most valuable commodity, much like it is in Venezuela right now. I have been seed saving for a long long time, so I can manage to keep my seed bank full for generations if necessary. And so on, with respect to the small farm I have.
I resteem right now because you should be listening, even if it does not interest you. What is happening in our markets right now is so important to all of us. Those of us who shrug it off will fall prey to some terrible consequences of ignorance.
Most of us homesteaders understand that something is awry. Most are stacking and digging in. Great idea, but we can be even more prepared. We can be ahead of the game. Imagine if you had two to five days notice of an imminent financial collapse. You could go to the store and shop till you drop before anyone even had a clue. You could hunker down without the stress of everyone else doing it at the same time. You could take your money out of the bank before the runs start.
These reasons are why I am posting these updates. Right now, if I were to put an alert status on this situation, from 1-10, 1 being the least worry, I would put us at a 7 right now. Markets across the globe are starting to fail and banks are propping them up so that the people do not panic ahead of time. The US market, the most influential in the world, is on life-support. No country is buying our debt right now in any quantity that will save our arses. Therefore, our central bank, the Federal Reserve, is buying up all the debt being created. This is so unsustainable that most people are fleeing the market. Laws were passed within the past few years that allow corporations to buy back stocks in order to give the illusion that people are buying stock to attempt to drive up demand. Consumer spending is tanking. How long can they keep this masquerade up?
Not long.
I have been asked many questions, which I will do a quick FAQ:
Why is this different from Y2K? Y2K was an imagined thing, with no proof with no leading experts warning entire governments, no government officials and corporate heads buying houses in South America, completely off grid. (look it up)
Won't it just be a market correction like everyone is saying? YES. But the difference is that so many people and corporations will loose so much money that they all will go under, at virtually the same time. In fact, look at the doomsday clock, it was recently moved to 2 minutes to midnight.
Donald Trump says that he is creating jobs and companies are moving here in unprecedented numbers, why would I believe you? Donald is a politician. He is a corporate tool being used to calm the masses so that we keep buying and taking part in the system. During the Obama years the homesteading/prepper community grew in unprecedented numbers. The system of banks and corporations needed to quell this from happening, it was very bad for consumer sentiment. Just look, the Donald is now pushing forward Obama policies, gun control, war, socialist agendas, land grabbing and the push for further government growth.
But he is draining the swamp! Why would he do this if he were not trying to fix the problem? First understand that by asking this question you have admitted to there being a problem. Second, he ran on dissolving the FED and taking back our sovereignty. Day one his cabinet were ALL bankers. He has deleted some of the draconian orders put in place and replaced them with DEBT, not with income. He has not changed the direction of America, he has only changed the way we look at it. The swamp is just a different swamp. He must by law, according to our treaty with the UN disarm all Americans. He WILL move forward with this. He MUST move forward with this, or be left to defend the country against an entire world of very upset people.
I am making money and work is doing well, why should I believe you? You do not have to believe me, I only keep track of historical trends. You can research everything I say most on .gov sites. This stuff is not hidden it is just fed to you in such a way that you tend to think it will all be ok. Also the economy is going, certain parts are doing well, while other parts are failing terribly. Yes employment has increased, but the employment that has increased is almost all part time and minimum wage jobs, look it up.
What if your wrong? Wrong about what specifically? All things here are easily researched and not theory. The only theory is how bad it will be. For that I look at a country with a culture based on living rich and having millions if not billions of guns. If you think I am not being truthful, just ask anyone in any other country in the world. They all go to the UN, stamp their feet, tout the poverty in their countries, and want a piece of the rich man's pie. This is not theory. China has recently been selling US debt, Japan and Russia have as well. Who is buying all this debt? Research it. This system is going to implode, the Fed Chair recently made comments that we will see inflation, then after they said they would be easing the bail-outs, now they may have to re-implement them, talking in circles to try to keep the market satisfied enough to hold on a bit longer. Well hell, Many products have already doubled in price since last year alone.
I felt like I had to write this. I do not want to put the damper on stuff, but the reality, and fact, is that within 12 hours of any disaster the grocery shelves are cleaned out of essentials. I will keep posting to keep, those who wish to pay attention, on top of things. GOOD LUCK to all of us here!