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100% Inflation – 90% Stock Crash – 50% Unemployment

Billionaire Donald Trump and best selling author and money manager Robert Wiedemer just predicted the market is going to get much, much worse. “This is no recovery,” he says [Wiedemer]. “And this is no ‘down cycle’ that will soon be followed by a reliable ‘up cycle.’
This is a big, multi-bubble pop and it’s far from over.”

In a nutshell, Wiedemers’ best seller book, Aftershock, argues that a succession of bubbles have set the country on the path to ruin. First came the dotcom bubble, then the housing bubble. Now Federal Reserve market ‘manipulation’ and the “incredible irresponsibility and bad judgment of the public sector”, i.e. the U.S. government, make banana republic inflation levels inevitable starting in 2012.

Billionaire Donald Trump says the U.S. economy is poised for “massive inflation” and is warning investors to take steps now to protect themselves.

Trump told investors during a recent CNBC interview that they should not trust official government statistics. He even questioned the “official unemployment” numbers. “It’s over 20 percent. It’s not 8.3 percent,” Trump said.

John Williams’ www.shadowstats.com is an excellent site to discover ‘real’ unemployment numbers and how the government has changed the rules of how they are reporting this number over the years (skewed to make it look better than it really is).

Trump also thinks skyrocketing oil prices will cripple the U.S. economy. “Right now, [oil] is at an all-time record for this time of the year, in the summer they predict $5 gasoline, maybe $6.”

Robert Wiedemer stated in a recent interview, “The data is clear, 50% unemployment, a 90% stock market drop, and 100% annual inflation . . . starting in 2012.”

One could argue that Wiedemer has motive for painting doom and gloom to sell a book. However his previous economic predictions have come true, lending some credibility to his current stance (of which many others similarly agree). His co-authored book, America’s Bubble Economy, published in 2006, accurately predicted the Great Recession and the popping of the housing, private credit, stock and consumer spending bubbles (same as some others with contrarian views during that time).

I’m not a financial expert by any means, but even I realized that something was not right during that time, just as I feel something is not right, now. This false ‘recovery’ is 100% fake in my opinion, being financed by newly printed digi-dollars out of thin air. This is all going to bite us in the a$$ big time, one day. You can’t get something for nothing… there’s no such thing.

I haven’t read Aftershock yet, but after having just sourced some of this information from www.newsmax.com for this article, and hearing about the book, it certainly raises an eyebrow of intrigue (that’s putting it mildly). I  have also found that it’s often a good thing to explore more than just one point of view.

One thing for sure, it’s more fuel for the fire of prepping!

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…been busy

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The temporary slow-down of production is due to the fact that we have been in the process of moving to a new, although temporary location, until we choose and settle upon our final destination. So, as a result, we have been dealing with the major issues of moving in general, and re-constructing the office and re-establishing the services necessary to function in today’s modern world. We will soon be up to speed and will be able to continue full speed ahead.

Thanks for your patience. Keep checking back!

Ken

Traveling

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The MSB office will be on-the-road for a bit, so, apologies in advance for slightly slower comment moderation. Fresh daily content will be ongoing, and hopefully most site issues will be minimized or nonexistent thanks to connectivity via T-Mobile G4 (and G3) MiFi.

-Ken

On The Edge In 3D (Without Glasses)

Something a little different for Christmas day…

Enjoy the video – although unrelated to our blog them, the video spectacle is fun to watch…

View it in 720P or 1080P full screen if you have the bandwidth!

Safecastle Contest – Submit an Article

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Last Chance to get in on prizes giveaway…

I am certain that all of you have a story or two to tell, or your own opinion or advice to give regarding the wide category of survival preparedness or being prepared (for whatever…), so why not email us a few paragraphs (or more if you would like to) for us to post on Modern Survival Blog.com!

You can remain anonymous if you’d like, or first name only, whatever you wish, while at the same time voicing your knowledge to our reader base of about 5,000 people per day.

While I enjoy writing articles and digging up new information, it would be fun to hear from more of you as you share your opinions, recommendations, experiences, stories, of just about any category having to do with preparedness.

Safecastle, one of our very first site sponsors, is having a contest such that the participating websites (we are one of them) will submit the winning guest post article to then be judged by Safecastle for many available prizes that they are offering. You can’t go wrong!

Give it a try, and submit an article to us at Modern Survival Blog, and do it by the end of December which is the deadline for all entries!

Email your entries to:

Thanks!

Ken