How to get loved ones to prepare
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Welcome to this week’s Survive The Coming Collapse newsletter, brought to you by FreeSurvivalCheatSheets.com, a set of quick, actionable, and free preparedness and survival tips and tricks from the Fastest Way To Prepare course.
Survival Diva here with some ammo for you to use to help get your friends and loved ones to “kick it into gear” and get ready for what’s coming. The statistics found in this post speak for themselves, and if you have loved ones who fire up the eye-roll whenever you mention prepping, it might be worthwhile to clue them into some of these warning signs as soon as possible.
As Preppers, many of us may have already asked our loved ones the question, “Why Aren’t You Prepared?” It’s a legitimate question…People think nothing of shelling out for auto insurance in case we have a fender-bender. We insure our homes, and some even pay for rental insurance in case of fire or theft. And we have health insurance in case of a medical emergency. So why, when food and water are pivotal for survival, don’t more people put food and water aside for tough times?
Although it would take a book the size of War and Peace to site the many reasons why we should all be getting ready as fast as we can, I’ve compiled excerpts to show the reasons why we can’t afford to put off preparing for the coming changes.
What QE3 Has in Store For Us
Since Bernanke announced his plan for QE3, economic czars have been sounding the alarm. Even the banks are saying it won’t be enough to bail us out this time.
(David’s Note: Although it’s a slight oversimplification, QE3, or the 3rd round of Quantitative Easing by the Federal Reserve, is a case of printing currency without increasing the quantity of the underlying asset that supports the value of the currency.
Translated in to “household budget speak”, quantitative easing is like spending all of your cash, maxing out your credit cards, using up the last of your checks, AND THEN trying to buy things from people with IOUs written on paper scraps.
We USED to print additional currency by borrowing money from China, Japan, Russia, etc. but they have stopped or significantly slowed down their purchases of US debt, so the Fed decided to simply buy US debt with magic pixie dust—i.e. QE.)
In a recent article titled “Ben Wins – Who Loses?” Bruce Krasting issued a chilling warning worth reading! Here is an excerpt :
“Higher inflation expectations in the US will filter around the globe. Post the extraordinary steps Ben took yesterday, people will be stocking up on “stuff”. Things like rice, flour, cooking oil, soy, wheat and sugar. If you can eat it, buy it now. It will be more expensive in a month. While you’re at it, fill up the gas tank, the price is going up next week and every week for the next few months.”
Paul Ashworth and Paul Dales at Capital Economics have stated:
“The Fed can commit to deliver whatever economic outcome it likes, but the problem is that the crisis in the euro-zone and/or a stand-off in negotiations to avert the fiscal cliff in the U.S. may well reveal it to be like the proverbial Emperor with no clothes”
Here is an excerpt from the Michael Snyder’s Economic Collapse:
“In addition, there are rumors that 100 highly paid partners at Goldman Sachs are going to be getting the axe. It is said that Goldman will save 2 billion dollars with such a move.
“We haven’t even reached the next great financial crisis and the pink slips are already flying on Wall Street.” Meredith Whitney says that she has never seen anything quite like this….
Stock Market Jitters
Over the past few days, stock market investors have gotten cold feet. Many of us may not be able to afford to invest our money in stocks, but it will still affect us in untold ways should it take a nosedive! Any weakness, cracks in our markets, will surely impact US ability to borrow money from more solvent, emerging nations. More pressing, though, is the impact that tanking retirement accounts will have on retirees’ ability to spend money.
CBC Money Watch posted an article written by Zacks Investment Research on September 26, 2012. Here’s their take on the reason:
“Benchmarks lost out on their initial gains to close in the red following comments made by a key Fed official. The official said the central bank’s bond buying program will not be effective enough to accelerate growth or improve the employment scenario. The S&P 500 and Nasdaq suffered their biggest percentage fall since 25June and 20July, respectively.”
There might be more to it…According to CNN Money reporter Hibah Yousuf, global political unrest may have played a part in the recent stock market decline:
“Between the protests in Spain, strikes in Greece, the looming Spanish budget…there’s plenty to be worried about,” said Kathy Lien, managing director of foreign exchange strategy for BK Asset Management. “If the new reform packages and the 2013 budget contain some overly painful cutbacks, we could see more social unrest in Spain.”
(David’s note: The bubble of baby boomers retiring and spending record amounts on medical products and facilities has driven forward looking investors for over a decade, but Obamacare and funding for Social Security and Medicare are adding uncertainty across the board with every medical-related company.
As a personal example, our family has a high (VERY HIGH) deductible health insurance policy and we haven’t had a claim in more than 5 years. Even so, our health insurance premiums have TRIPLED since Obamacare got passed. I pay more for health insurance each month than what my mortgage cost on a 5 year old 2900 square foot house 10 years ago!
Because of quirks like this, this election is going to have, perhaps, more of an impact on the stock market than any other election in US history.
Want more? With the widespread implementation of “robo-trading”, or automated stock trades based on ratios, equations, and other first and second degree technical factors, massive accidental swings in the market are becoming a bigger and bigger risk. Lest you think this is simply the makings of a good novel, Knight Capital lost $440 million on August 1st due to automated trading, robo-trading almost crashed the IPO of Facebook, and in 2010, a single misplaced order caused a temporary $1 trillion swing of the market.)
Threats to the US Dollar
Lately, we’ve been hearing about threats to the US Dollar that should have everyone sitting up and taking notice. Should these threats be carried out, the dollar will take a downhill slide into oblivion.
Here is an excerpt from Ruters, titled “China, Germany plan to settle more trade in yuan, euros” posted on August 30, 2012.
“Germany and China plan to conduct an increasing amount of their trade in euros and yuan, the two nations said in a joint statement after talks between Chancellor Angela Merkel and Chinese Premier Wen Jiabao in Beijing on Thursday.
“Both sides intend to support financial institutions and companies of both countries in the use of the renminbi and euro in bilateral trade and investments,” said the text of the statement.
(David’s note: The approach used to initiate the September 11th/15th 2008 attack on our financial system would still, to a large extent, work again today—all it takes is an enemy that is sufficiently motivated and pre-positioned to benefit from it to execute it. I’ve spoken extensively with Kevin Freeman, the world renowned expert on economic warfare and terrorism, and it is his professional opinion that it is simply a matter of time before we are the target of another, similar, attack.
Coming at it from a completely different angle, right now, the Dollar is seen as being slightly less likely than the Euro or Yen to implode or lose significant value in the next 30-90 days. As soon as there is another currency that can handle the huge volume of daily global trade that is is more likely to hold it’s value over the short to medium term than the Dollar, then I expect the Dollar to begin it’s free-fall in earnest.)
I’ve been warning about food shortages for years now, beginning with the Gulf oil spill and more recently, Fukushima. But in my wildest dreams, I never thought we would see a drought like what we are experiencing now! It has decimated crops and will impact beef, pork, and chicken prices to an unsustainable level for some families.
Britain’s National Pig Association announced recently that a global shortage of bacon and pork “is now unavoidable” because of shrinking herds.
A Huff Post warned “Beef Prices Hit Record Highs Amid ‘Perfect Storm’ Of Drought, Foreign Demand”
Here is an excerpt from the article:
“The price of beef has hit an all-time high in each of the last four months. Experts expect cattle prices to rise even more throughout 2012 — and, if conditions don’t improve — beyond.
“The cause is what Mark Miller, of the National Cattlemen’s Beef Association, called a “perfect storm of elements” that show the convolutions of the global economy as effectively as any PowerPoint on the European debt crisis.”
AccuWeather.com reporter Alex Sosnowski had this to say in his article “Drought to Cause Dairy, Meat, Other Food Prices to Rise”:
“Be on the lookout for higher food prices in general in 2013. However, the greatest impact is likely to be on meat and dairy prices as livestock feed shortfalls caused by the Drought of 2012 catch up with producers and consumers.”
An article in The Slatest, by Elizabeth Hewitt, July 17, 2012 titled “Global Food Shortage, Rising Prices Feared as Drought Parches Midwest” contains the following quote:
“We’re moving from a crisis to a horror story,” one agronomist told Reuters. More than half of the continental United States has been affected by drought, the worst since 1956, which has left the nation’s corn and soybean crops parched.”
(David’s note: This year is going to expose some huge flaws in our agriculture system. A lot of farmers who got wiped out by the drought are being made mostly whole by insurance, but if crop insurance underwriters have been misestimating risk as bad as other insurance underwriters have been, we can expect a big jump in crop insurance premiums next year, which will affect grain prices and/or farmer profitability.
We’ve also got lower than sustainable meat prices because of the current glut of livestock being liquidated because of the increasing cost to feed them. Once the “kill-off” is done, meat prices will be forced up to levels that will make it profitable for ranchers to be able to feed them.)
It seems we are sitting on a powder keg about to explode as we watch the evening news. The anger shown against the U.S. since the latest round of September 11th violence has everyone worried. The unrest has led to protestors marching in more than 20 countries from the Middle East to Southeast Asia, and led to the death of U.S. Ambassador Chris Stevens in Libya.
Here is a headline from CBS News, dated September 25, 2012:” Iran’s Ahmadinejad wants a new world order” which states: “Iranian President Mahmoud Ahmadinejad said Tuesday that a new world order needs to emerge, away from years of American “bullying” and domination.”
On US Soil, Occupy Wall Street protestors have once again hit the news in celebration of their one year anniversary that led to 182 arrests, mainly for disorderly conduct.
The world continues to watch, wait, and take sides on the brewing war between Israel and Iran and, according to a Senate Homeland Security and Governmental Affairs Committee meeting last week, Iranian Quds Forces are believed to be plotting attacks within the United States similar to the attacks that they’ve been executing against Israeli diplomatic targets recently.
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Finally, here are a few facts rarely discussed on main stream media that should have everyone running, not walking, to get those pantries filled and brush up on necessary skills and training we will need when Schumer hits the fan.
•The United States has exactly enough wheat reserves for ½ a loaf of bread for every man, woman and child
•To feed the American people ONE meal for ONE day would require over 311,000,000 (311 million) meals
•The average item of food must travel 1,500 miles before it reaches the consumer
•Food prices are driven by oil prices because agriculture is fossil fuel driven
•Grocery stores have only 72 hours of food on the shelf with ZERO back stock (This depends on where you’re at. Some stores in places like mid-town Manhattan must be restocked with staples multiple times per day.)
•Weather anomalies are on the rise, leading to crop failure, disruptions in food delivery, instability in fuel supplies in affected areas, and higher food prices across the board
•Fears of global financial collapse have led to higher food prices & will eventually lead to hoarding
•The average American saves only $392.00 per year and is $117,951 in debt, which includes credit cards, installment loans, home equity loans, and mortgages.
•Average monthly food costs, per adult, is between $150-$300
Based on the demographics listed above, let’s assume you are one of the people who actually saved $392.00 per year, and let’s assume your pantry is empty and you must buy food with the cash you have saved. We’ll be conservative and figure that your monthly grocery bill is at the lowest average cost of $150. With this equation, you would be able to feed yourself for a little over 2 ½ months.
The above scenario assumes there has not been a calamity that cleared grocery store shelves within hours. It also assumes truckers are able to deliver food, and that oil prices haven’t been driven up due to political unrest. In our scenario, there couldn’t have been crop failures that further increased food prices (as we are experiencing now). And, there could not have been fears of global financial collapse that led to hoarding, which led to inflated food prices and the rationing that is sure to follow.
All in all, it makes perfect sense to fill your pantries…unless you expect meals on wheels to show up at your door, three times a day, 365 days a year.
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As a result, I created a set of “Survival Cheat Sheets” taken from the course that will give you a sampling of solid, actionable steps that you can take to quickly get your family prepared for the trouble that I see on the near-horizon. So, if you haven’t gone through the FastestWayToPrepare.com course yet, I want to STRONGLY suggest that you head over to FreeSurvivalCheatSheets.com and get your free copy of the “Cheat Sheets” right now.
Many I’ve spoken to recently report feeling like something ominous is looming just over our heads, possibly out of sight, but there non-the-less, disrupting our peace and pushing us to prepare like we never have before. Are you experiencing that nudge? Have you increased your prepping budget to get ready? Share your thoughts by commenting below:
God Bless & Stay Safe,
Survival Diva and David Morris
P.S. Here are links to the quotes and articles mentioned:
“Ben Wins – Who Loses?” Bruce Krasting: brucekrasting.com/ben-wins-who-loses/
Paul Ashworth and Paul Dales at Capital Economics Quote: www.cnbc.com/id/49148730/Fed_May_Need_to_Boost_QE_Dramatically_This_Year_Pros
Quote From Michael Snyder, Ecomomic Collapse: mail.google.com/mail/u/0/?shva=1#inbox/139fca9a98621ce3
Bruce Krasting in his article titled: Bernanke –“ My Goal is to Wreck Social Security “ brucekrasting.com/bernanke-my-goal-is-to-wreck-social-security/
CBC Money Watch posted an article written by Zacks Investment Research on September 26, 2012 finance.yahoo.com/news/stock-market-news-september-26-123337569.html
CNN Money reporter Hibah Yousuf money.cnn.com/2011/11/18/markets/markets_newyork/index.htm
Ruters, titled “China, Germany plan to settle more trade in yuan, euros” posted on August 30, 2012 uk.reuters.com/article/2012/08/30/uk-germany-china-yuan-idUKBRE87T06B20120830
Britain’s National Pig Association announced recently that a global shortage of bacon and pork “is now unavoidable” because of shrinking herds www.npa-uk.org.uk/Pages/Press_Releases.html
Huff Post warned “Beef Prices Hit Record Highs Amid ‘Perfect Storm’ Of Drought, Foreign Demand” www.huffingtonpost.com/2012/02/02/beef-prices-record-highs_n_1244133.html
AccuWeather.com reporter Alex Sosnowski “Drought to Cause Dairy, Meat, Other Food Prices to Rise” www.accuweather.com/en/weather-news/drought-to-cause-dairy-and-mea/68503
The Slatest, by Elizabeth Hewitt, July 17, 2012 titled “Global Food Shortage, Rising Prices Feared as Drought Parches Midwest” slatest.slate.com/posts/2012/07/17/global_food_shortage_rising_prices_feared_as_drought_parches_midwest.html
CBS News, dated September 25, 2012:” Iran’s Ahmadinejad wants a new world order” www.cbsnews.com/8301-202_162-57520360/irans-ahmadinejad-wants-a-new-world-order/
March 2012, Time Business reporter Michael Schuman “How High Will Global Oil Prices Rise?” business.time.com/2012/03/20/how-high-will-global-oil-prices-rise/
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