There are many triggers for the coming economic collapse. There are also many signs that we are presently in deep doodoo.
A complete breakdown of the global economy will bring on a severe economic depression, possibly for decades. In our modern world of interconnected finance and risks, we have long ago seemingly reached a point of no return (astronomical ridiculous and non-payable debt). Trade wars, currency wars, and then world war will inevitably be our future. Many believe that we’re in all three right now and it’s only a matter of time before TSHTF.
If signed into law, New Hampshire will join ranks with the ‘Constitutional carry’ states of Vermont, Alaska, Arizona, Wyoming, and Arkansas having passed Senate Bill 118 (SB116) on FEB-12, “repealing the license requirement for carrying a concealed pistol or revolver”, and will be a win for 2nd Amendment advocates and all law abiding citizens of the state and elsewhere.
New Hampshire law already allows anyone (resident or non-resident) to openly carry a loaded firearm without a license, and although NH is a ‘shall issue’ state (for a concealed carry license), the changes made within SB116 will remove that requirement entirely.
As opposed to a complete economic collapse, is it even possible today for a partial economic collapse to occur, given the intertwined economic thread woven throughout the fabric of the West’s financial systems? Could pulling just one thread unravel the whole thing?
Unless you are in the business of banking, trading the stock market, or other such related financial industry, chances are that you’ve heard the term “Derivatives” but perhaps don’t really understand what they are, and what the big deal is regarding the apparent risks of toppling the system as we know it…
Here’s a simple definition of derivatives, and why they are so dangerous:
With exception to arming the state’s National Guard, New Hampshire House Bill 407 — the Police Equipment and Community Engagement Act — would bar officials from possessing any military equipment “not readily available in an open national commercial market.”
New Hampshire’s HB407 would effectively bring the state’s participation in the 1033 program to an end. The program has supplied New Hampshire localities with more than $6,000,000 in military gear, the legislation’s text states. However…
“New Hampshire cities and towns are required to repair and maintain this additional military grade hardware that consumes limited town and city funds that are needed for other functions.”
In response to increasing police militarization in the US and the cost of doing so, legislation proposed in the New Hampshire state House would implement a ban on state and local officials obtaining or using certain military weaponry acquired from the Pentagon or other sources.
As we enter 2015, and with regards to your preparedness or motivations thereof, we asked to hear your concerns for the upcoming year – the things or events that you believe to be within the realm of possibility and are especially concerned about…
The following poll results list the priority of your concerns for the upcoming year (given the choices which were presented).
There are some very big things happening right that you need to know about, and they are all things which many believe could be leading to World War III.
In case you haven’t heard the latest (major) financial news story, Switzerland has removed its currency cap to the Euro. The Swiss Franc has since soared to as much as 30% higher, and gold has spiked on the news.
Contagion is rapidly spreading and this has caused many ‘FX Brokers’ to have just gone belly-up, as reported on zerohedge.com this morning.
“The recent move on the Swiss franc caused by the Swiss National Bank’s unexpected policy reversal of capping the Swiss franc against the euro has resulted in exceptional volatility and extreme lack of liquidity.”
“This has resulted in the majority of clients sustaining losses which has exceeded their account equity.”
In other words, their ~ ‘100:1′ leverage is coming home to roost. It’s unraveling over there…
But there’s more…