The Great Unwinding and The Aftermath
By: Tom Chatham
As global currencies wage a race to the bottom, citizens of the world are kept distracted by insignificant things to keep them calm right up to the end. The end will be the destruction of many world currencies and the savings of those invested in them. When that happens those who have lost everything will panic, and for good reason. The conspiracy theorists and sound money people will be proven to be prophets but none of that will matter by then.
All of the savings that people think they have was long ago looted by the bankers and now they must destroy those ledger entries that people think they have. Much like the phantom gold that no longer exists in vaults but only on paper, those ledger entries must be destroyed before the banks are required to give that money back to its rightful owners. It is not only the savings but the promised payments from government entities that must be eliminated. The government has made promises it cannot keep and now it must find a way out while maintaining “plausible deniability”.
That is the crux of the unwinding we will see in the near future. The people have been robbed of their wealth and their futures and now it is time to perpetrate the cover up so the guilty parties can sail off into the sunset with their ill gotten loot. It almost sounds like a movie plot but unfortunately the people will have to stick around after this show and deal with the aftermath. That is something most people do not see coming and are ill prepared to deal with emotionally, physically or financially.
There are many things that people will disagree on when it comes to the future but there are some things those following events will agree on.
There will likely be a catastrophic event in conjunction with a monetary crisis.
Most people will be completely unprepared for the events.
Only those that hold hard assets and the means to protect them will come through this with any wealth in tact.
The government will increase their control of the population.
Basic resources like food, water and energy will be expensive or difficult to get. This is especially true for imported goods.
People will lose the homes they cannot afford and their retirement savings.
Government payments will be cut off or severely cut back.
There will be armed resistance against the government as they reduce freedoms that people are accustomed to.
Roving gangs will likely be a problem at least in the short term following the crisis.
The country will look much different in ten years than it does now, and likely not for the better.
People will need a different strategy for retirement than they now hold.
Healthcare will become more expensive and less available to the average citizen.
The U.S. will likely become a third world nation as far as living standards are concerned.
These items point out the direction we are headed as a nation. Those that ignore the reality we now live in will suffer greatly and will be immobilized with fear and uncertainty as to what to do. The government they looked to in the past for guidance and safety will be at odds with their very existence in the future. Those things they took as a given will no longer exist.
This list defines what you as an individual must be prepared to deal with in the uncertain future ahead. Only by addressing these issues will you have any peace of mind in the coming days as events play out on a global scale. It has been said many times before but must be repeated because many still do not hear the message.
You must be prepared to provide basic necessities to your family for a prolonged period of time. This includes clean drinking water, nutritious food, shelter, sanitation, security, clothing, health care and any excess funds should be used to buy precious metals or some other wealth preservation tool. Any transportation and communication assets you have will greatly enhance your survival position.
Beyond these basic items you will also need to think about some way to produce income in the years ahead. Having special knowledge or capitol equipment to produce needed goods will insure you can continue to care for your family long term. The ability to produce food, water, clothing or energy and provide medical help or capitol goods will insure you have a product to sell that will be in demand.
In a dysfunctional world the business opportunities are many. Basic supplies that were once taken for granted will be sought after by everyone. Herbal remedies, meat production, paper goods, cleaning agents, tools, building supplies and such mundane things as blocks of ice and footwear will have to come from somewhere. Something as simple as an absorption freezer powered by a homemade power source like bio-gas can provide frozen meat and ice to sell the year round.
You must also be cognizant of many possible dangers that an uncertain world can present. These include natural disasters, the threat of war, disease, nuclear dangers such as fallout and contamination and chemical threats from malfunctioning plants and storage sites.
The ability to plan for the future is more imperative now than ever. It is a sad thing that people spend more time planning a summer vacation than they do for their future. That lack of planning will insure a difficult future for them and their children as the world unwinds at an ever faster pace taking their standard of living to ever lower levels until reaching the bottom of this unknown new world. You need to prepare now like your life depends on it, because it does.