Gathering today's news

[Just Jim]

http://www.freerepublic.com/focus/f-news/3246233/posts

Want to wait in line twelve hours to buy food?

http://usawatchdog.com/oil-derivatives-explosion-double-2008-sub-prime-crisis-david-morgan/

Is it about to happen here too? Are you ready?

Read More

 

[lowly monk]

Yep, Wer'e ready. As it goes down. I will watch and have a homebrew and a smoke.

 

[Just Jim]

Pendleton whiskey will help me through the days

 

[Caveman Jim]

Crown Royal saved my life!!!

 

[Just Jim]

Blackberry brandy saved mine but I enjoy Pendleton whiskey

 

[Just Jim]

http://www.zerohedge.com/news/2015-01-14/russia-just-pulled-itself-out-petrodollar

 

[Just Jim]

http://www.zerohedge.com/news/2015-01-14/looming-national-nervous-breakdown

 

[SheepDog223]

Clear mind makes you faster.

 

[Just Jim]

Clear mind makes you faster.

The booze is just for the time when you sit back,relax and watch it all happen.

 

[Medic!]

Deflation scares me. We have been printing money to fend off deflation. Our interest rates can only be lowered to 0%. And our velocity of money is lower than during the great depression!

Your wage will go down with deflation. Or you may get laid off. The price you charge for your product or service will go down with deflation. And who wants to borrow money at even 0% that will be 2%, 5%, Or 7% more expensive to earn, and pay back to the bank? People will keep there money, knowing it will have more value if they hold it. Things will be cheaper next week than today! What incentive is there to spend today?

We're facing a liquidity trap, that could hold us in a state of deflation we haven't seen since the Great Depression. It was 10% a year back then.

Low gas prices are good. But not deflation across the board.

 

[Just Jim]

http://www.zerohedge.com/news/2015-...oker-stock-crashes-90-swiss-contagion-spreads

 

[Just Jim]

http://blog.milesfranklin.com/the-tactical-nuclear-options

 

[YOURSUPREMECOMMANDER]

Quality of Life - is a question that I do not hear about very much.

Bugging out is possible, but is it a life you can really comprehend? It's not the same as a weekend practice run. Life as you know it will be forever changed in a flash.

Better to stand up and fight/die with dignity/honor when that day comes - than to live in lawlessness, filth, squalor, hunger, disease, fear, uncertainty, Pain, complete loss of hope for the return of the world as you once knew it.

 

[Just Jim]

Quality of Life - is a question that I do not hear about very much.

Bugging out is possible, but is it a life you can really comprehend? It's not the same as a weekend practice run. Life as you know it will be forever changed in a flash.

Better to stand up and fight/die with dignity/honor when that day comes - than to live in lawlessness, filth, squalor, hunger, disease, fear, uncertainty, Pain, complete loss of hope for the return of the world as you once knew it.

Here is how you keep your quality of life

http://www.zerohedge.com/news/2015-...any-super-wealthy-preparing-bug-out-locations

 

[YOURSUPREMECOMMANDER]

Here is how you keep your quality of life

http://www.zerohedge.com/news/2015-...any-super-wealthy-preparing-bug-out-locations

I already am aware of this and other videos like it. It is unfortunate that I am not Wealthy, Rich, or have an excess of money, to make doomsday more comfortable.
Here is another video along the same lines you might like. I do enjoy the inexpensive gas prices as of late, the problem is that I know it spells disaster for the economy!
http://pro.moneymappress.com/MMRBSSH39PPM3/PMMRQC45/?iris=267040&h=true

 

[Just Jim]

http://www.breitbart.com/video/2015...tic-streets-of-la-piled-with-tons-of-garbage/

A third world nation, city services disappear first. How will you deal with your waste?

 

[Brutus57]

I live in the country, the challenge will be what happens when state government and services disappear and how many "zombies" come out to take what other people have to eat.

Brutus Out

 

[Stomper]

Sorry, they only thing I have to eat that you'll find is hypersonic lead pills.... lots and lots of them, along with the equivalent of an infantry squad to help serve it all up.

 

[Just Jim]

But how will you get rid of your garbage, and how will you get water? City services are the first thing to go.

 

[AMProducts]

No offense guys, but you're kinda falling into the alarmist trap a lot of those places spew.

The banks/wallstreet really only matter to big corporations, and to the people who are still dumb enough to sink money into the market as a way of "earning more".

The low gas prices right now are being kept artificially low to strangle ISIS and less so, but still Russia, as well as upstart oil producers in the US and canada. This is part of the reason ISIS is now asking for ransoms.

Fundamentally, market boom and bust cycles are more indicative of market health (in that the keynesians are ineffective in their control). A crash is just an opportunity for the market to make extinct companies that are no longer fit to continue living. The most important thing, is not being caught up in the mass suicide that is the market.