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Get Ready for a Megacatastrophe, Buffett Says By James Reed

     Hell, when I say it, nobody listens! But financial 1 percenter, Warren Buffet (remember a “buffet” is a meal consisting of numerous dishes from which people serve themselves), sees hard times a blowing in:
  http://www.shtfplan.com/headline-news/warren-buffet-warns-of-upcoming-megacatastrophe-and-our-losses-will-be-big_02252019

“Billionaire Warren Buffet has issued a warning that there is an upcoming “megacatastrope” on the horizon.  Buffet says that when this apocalyptic scenario plays out, our losses will be immeasurable. In his annual letter, Buffet warned of a “megacatastrophe,” which he said will cause unprecedented havoc not just to victims but to the financial world as well. “A major catastrophe that will dwarf hurricanes Katrina and Michael will occur – perhaps tomorrow, perhaps many decades from now,” the Berkshire Hathaway CEO wrote. “‘The Big One’ may come from a traditional source, such as a hurricane or earthquake, or it may be a total surprise involving, say, a cyber attack having disastrous consequences beyond anything insurers now contemplate.”

The financial world is being propped up by central banks and the debt-based monetary system that far too many trust will eventually meet its demise.  This could cause a worldwide societal collapse of epic proportions.
Public services crumble and disorder ensues as the government loses control of its monopoly on violence. (Meaning people realize they are slaves, and no longer wish to be subjugated and punished at the whims of the ruling class/government, but seek their own liberty and self-ownership.) As people begin to realize that the political class (ruling class) is exceptionally wealthy as they slave away and half their wages are stolen to prop up those who exert power over them, societies tend to collapse. Government stays fat and happy when the slaves don’t realize they are enslaved. –SHTFPlan.

It could all begin with a disastrous financial crisis.  One which we are close to, regardless of what is being said in mainstream media. Economic numbers all over the world continue to get worse, and even New York Times columnist Paul Krugman is now warning of “an unavoidable global recession”. Unfortunately, most Americans still have absolutely no idea that this is happening right underneath their noses. Most ordinary citizens are still under the impression that everything is going to be just fine, but the numbers suggest otherwise. 78% of Americans live paycheck to paycheck while 40% don’t have enough money to cover a $400 emergency.  Americans carry record levels of consumer debt and student loan debt while borrowing further with their use of credit cards.”

https://www.scribd.com/document/400319222/Berkshire-Hathaway-2018-Letter-to-shareholders

    It is only a matter of time before the big economic crash comes. We all know it, and feel it in our waters, so to speak. The real issue is getting ready for it, getting out of debt if possible, or debt that will cripple you, saving, reducing consumption, and so on. If enough people do this, then surely the system will come tumbling down, like the walls of Jericho! Preparing for collapse will bring it on; how good is that! Somehow, I don’t feel bad about this, because one cannot make delicious egg and bacon social credit sandwiches, without breaking a few eggs. As for the bacon, let’s not go there.

 

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Saturday, 04 July 2020
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