For me the one point I would like you and other financial commentators to cover is how the collapse is likely to ripple out around the world. Will it be the US, Japan or another crisis in Europe used as the excuse to pull the plug ?
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The whole world. Any nation that relies on fiat currency will be affected. Get out of fiat before it's too late.
Good point Newsdesk, I live in Ireland an Island nation that imports a huge percentage of its food.
Despite being on a modest income, I have taken steps for prepardness as I believe all the worlds financial institutions are connected and dependant on each other.
If a big domino falls in the US or Europe, the others could quickly follow.
Global credit could dry up and the shelves could go bare.
I find it very hard to broach this subject with neighbours and colleagues as I have been accused of being 'Affected by Fake News'.
The meme in Ireland is that the recovery is ongoing & the housing bubble is re-inflating. I can't believe people are repeating the mistakes of 2008/09.
The global economy is tied together through Fiat currency. If your country trades and deals in fiat currency, which props up the global markets, then yes, your country will be affected. It's a house of cards, with the US dollar making up the base. It's getting more unstable than ever.
Ignore your neighbors, they will learn the hard way. Stock pile everything you need for several months of survival and move any extra money into cryptocurrency and/or prexuous metal. If you can, get a hold of a weapon or two. Sit back and wait for the inevitable.
if it were only so simple.
they opened "Pandoras Box" so to speak.