I recently read a quote by Bill Hotler which rang very true.
“It takes only a small amount of force to topple someone on a tightrope.”
In my opinion (and many others) the present financial system is walking a tightrope and it’s not going to take much of a breeze to topple it. There has been wide speculation in the alt-news world and blogosphere that a major reset is coming this year, which may even lead to failure, collapse, and possibly Martial Law.
‘They’ have been predicting a financial collapse for several years now. Because it has not happened (yet) is no indication that it will not happen in our near future.
Mathematically speaking, the Ponzi scheme will fail. There’s no mathematical way out of it.
Will it be this year 2015?
Will the ‘breeze’ that knocks off the tightrope walker be the Greece exit from the euro (Grexit)? The prospect of Grexit seems more realistic now than ever. Greece is a problem that ‘The Powers That Be’ cannot acknowledge or the entire house of cards will fall.
Greece will destroy the Euro. The chain of derivatives will break.
This, and other financially related current events (the AIIB, the upcoming SDR basket, China apparently announcing their gold holdings in July, etc..) are pointing towards a major reset of sorts in our future. The global ‘powers that be’ are going to do everything in their power to hold off a collapse, so they will be proactive (and are being proactive behind the scenes) and will steer towards a global financial reset in my opinion. If they do nothing, a worse scenario will unfold — that of hyper-inflation…
The world is swimming in insurmountable debt. Eventually all of this debt being held on the books will have to be re-set or “inflated away”. Many believe that imminent financial reset will likely occur this year 2015, this fall, and/or into early next year 2016.
This WILL bring about a major drop in standard of living for ‘most’. The apparent opinion out there is about a 30% drop. And this will ruin (destroy) what’s left of the middle class and will descend lower financial classes further into desperation. What will be the human result?
Some believe that JADE HELM 15 is being put in place to make ready for the coming disruption. Even Bill Hotler recently stated that he believes that by this time next year we will be under Martial Law. That may sound pretty extreme, but if social chaos, anger, and civil disobedience over the reset spreads far and wide across the nation (and in other countries), the government WILL clamp down in an attempt to save itself. Count on it.
Additionally, some suggest that if this occurs, there may not be an election in 2016. You do not have elections when there is martial law. The current president would technically remain in office. “Martial law will either ‘seal the deal’ for tyranny or bring back the republic and state sovereignty” (I read that interesting quote on another comment thread).
If and when all this happens, some also suggest that we shouldn’t be surprised if we have a new legal tender, possibly electronic after the reset. Legal tender is what the government decides we should use to ‘trade’ with.
Today, and as we go into this weekend, it might be a good idea to ‘imagine’ the ‘what if’ scenario of a major financial reset this year. The ‘hit’ will affect every one of us, but some more than others will be affected worse due to their geo-location, their regional demographic, their existing resources and preparedness, etc.. So why not contemplate your own situation and make some tentative or hard decisions on what you might do NOW to prepare for a currency reset.
Examine your resources. What resources might be in short supply due to demand by others? While storing excess wealth in silver or gold may prove eventually beneficial (for wealth transfer), the thing is that during a total social breakdown MOST desperate and/or hungry people will want resources – not a silver coin. Food for thought…
What will be good assets to own? Ask yourself that now, and get them now before a reset.
Lets hear from you.
Do you think that a currency reset is coming?
Or do you think that instead they will try to ‘inflate’ away the debt?
Could they inflate it away without triggering hyper-inflation?